Despite better execution on this strategy’s reasonable principles, succession questions keep Royce Premier’s Morningstar Analyst Rating at Neutral for all share classes.
Royce Premier Instl RPFIX
NAV / 1-Day Return
15.32
/
0.33
%
Total Assets
1.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.150%
Expense Ratio
1.150%
Fee Level
High
Longest Manager Tenure
29.59
years
Category
Small Growth
Investment Style
Small BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.80%
Turnover
23%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will RPFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RPFIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RPFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of RPFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Not bad, but vulnerable in spots.
