The investment seeks long-term growth of capital. The fund's investment adviser, invests the fund's assets primarily in the equity securities of small-cap and micro-cap companies (those with market capitalizations up to $2.5 billion) that it believes are trading significantly below its estimate of their current worth. Normally, the fund invests at least 65% of its net assets in the equity securities of such small-cap and micro-cap companies. Although the fund normally focuses on the securities of U.S. companies, it may invest up to 25% of its net assets in securities of companies headquartered in foreign countries.
Fund filings (PDF) »
Lauren Romeo (Started: May 1, 2006)
Charles Royce (Started: Oct 31, 1972)
Jay Kaplan (Started: Apr 29, 2003)
# Contact ?>
Royce, c/o BFDS - Midwest P.O. Box 219012