RYOFX – Fund Analysis – Royce Small-Cap Opportunity Svc | Morningstar

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Will RYOFX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RYOFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the RYOFX 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 RYOFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Not a low-volatility strategy.

Senior Principal Dan Culloton

Dan Culloton

Senior Principal

Summary

Royce Small-Cap Opportunity and its Ireland-domiciled clone, FTGF Royce US Small Cap Opportunity, rally hard and fall hard.

by Dan Culloton

Rated on Apr 27, 2026 Published on Apr 27, 2026

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