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Royce Pennsylvania Mutual Fund Investment Class (PENNX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small blend
Style or Category
No Load
Sales Expenses
Expense Ratio
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-0.92% 3 years+0.44%
3 months-14.08% 5 years+2.76%
1 year-17.05% Since inception+11.20%
Data through --

Peer Comparisonvs. Small blend

Performance 5-yr return+2.76%+8.22%
Expense ratio0.92%1.24%
Risk 5 year sharpe ratio0.330.47
Net assets$2.7B$726.0M
Average market cap$1.5B$2.6B
Average P/E18.519.4
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. stock89.05%
International stock6.18%
Fixed income4.41%
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
-- 1.02%
RS Reliance Steel & Aluminum Co1.01%
DW Drew Industries Inc1.01%
KWR Quaker Chemical Corp1.01%
CPRT Copart Inc0.94%
-- 0.93%
TNC Tennant Co0.92%
FWRD Forward Air Corp0.89%
-- 0.88%
TECH Bio-Techne Corp0.86%

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