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Royce Pennsylvania Mutual Fund Investment Class (PENNX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund invests its assets primarily in the equity securities of small-cap companies with stock market capitalizations up to $3 billion that it believes are trading 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 companies. Although the fund normally focuses on the securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries.


1 month-0.33% 3 years+9.19%
3 months+1.35% 5 years+8.08%
1 year-7.23% Since inception+11.53%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+8.08%+12.11%
Expense ratio0.92%1.37%
Risk 5 year sharpe ratio0.610.78
Net assets$3.6B$770.2M
Average market cap$1.4B$2.8B
Average P/E16.626.9
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyRoyce
Fund manager & tenureCharles Royce / 43 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00


U.S. stock87.98%
International stock5.62%
Fixed income4.42%
Top 5 Sectors
Portfolio weighting
Industrial materials 21.03%
Financial service 14.82%
Business service 12.63%
Consumer goods 10.90%
Hardware 8.41%
Top 10 Holdings
Portfolio weighting
-- 0.94%
KWR Quaker Chemical Corp0.92%
RS Reliance Steel & Aluminum Co0.89%
-- 0.88%
MKSI MKS Instruments Inc0.84%
THO Thor Industries Inc0.80%
DW Drew Industries Inc0.80%
MORN Morningstar Inc0.79%
TNC Tennant Co0.78%
RSTI Rofin-Sinar Technologies Inc0.78%