Royce Special Equity's veteran managers and conservative process can still add value despite a new parent firm and unattractive fees. Three of its share classes earn Morningstar Analyst Ratings of Bronze, while a pricier class gets a Neutral.
Will RYSEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RYSEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RYSEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RYSEX’s parent organization’s priorities and whether they’re in line with investors’ interests.