Miles Lewis has become the lead portfolio manager of Royce Total Return, replacing longtime manager and firm founder Chuck Royce, who remains on the team as a comanager.
Will RYTCX outperform in future?
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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RYTCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RYTCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
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