RYDVX – Royce Smid-Cap Total Return Service Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital and current income. Royce & Associates, LP ("Royce"), the fund's investment adviser, invests the fund's assets primarily in dividend-paying equity securities of companies with stock market capitalizations up to $15 billion that the advisor believes are trading below its estimate of their current worth. Normally, the fund invests at least 80% of its net assets in equity securities that produce dividend income to the fund, and at least 65% will be issued by companies with stock market capitalizations up to $15 billion at the time of investment.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
RYDVX	Royce Smid-Cap Total Return Fund Service Class	No Load	Open			May 3, 2004	$13.50M	1.340%	High	$2,000	−$7.14M
RDVIX	Royce Smid-Cap Total Return Fund Investment Class	No Load	Open			Sep 14, 2007	$19.15M	1.090%	Above Average	$2,000	−$5.97M

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