Royce Mutual Funds
Looking for information about Royce mutual funds? Royce mutual funds are administered by The Royce Funds. The Royce Funds is an investment company that specializes in domestic and international small cap funds. The headquarters for The Royce Funds are located in New York. The Royce Funds manages approximately $32 billion in assets. In addition to administering mutual funds, The Royce Funds also handles retirement and education plans.
The Royce Funds was acquired by Charles Royce in 1972. The company was sold to Legg Mason, Inc. in 2001. The Royce Funds are registered as an investment adviser in New York City. The Royce Funds generally invests in small companies that have market capitalizations up to $5 billion. Money is made through the mutual funds that are offered by The Royce Funds because The Royce Funds looks for companies that they believe have a stock value that is lower than what they value the company.
Mutual funds that are offered by The Royce Funds include open end mutual funds and closed end mutual funds. The Royce Funds manages 26 open end mutual funds and three closed end mutual funds. Different open end mutual fund categories that you will find at The Royce Funds include quality focused mutual funds, micro-cap mutual funds, core and dividends mutual funds, global mutual funds, and sector mutual funds. The closed end mutual funds that are offered by The Royce Funds are listed on the New York Stock Exchange and Nasdaq. The Royce Fund manages both service based mutual funds and investment based mutual funds.