Morningstar

Royce Small-Cap Opportunity Fund Investment Class RYPNX

Medalist Rating as of Apr 27, 2026 See Franklin Templeton Investment Hub

Will RYPNX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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