Royce Pennsylvania Mutual Fund Investment Class (PENNX)

13.93
Net Asset Value
+2.05%
1 Day
-5.43%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
0.93%
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 $2.5 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.

Performance

1 month-5.73% 3 years+14.68%
3 months-7.02% 5 years+11.56%
1 year-1.68% Since inception+11.91%
Data through --

Peer Comparisonvs. Small growth

 PENNXCategory
Performance 5-yr return+11.56%+14.84%
Expense ratio0.93%1.41%
Risk 5 year sharpe ratio0.770.85
Net assets$6.0B$805.6M
Average market cap$1.7B$2.6B
Average P/E18.124.8
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyRoyce
Fund manager & tenureCharles Royce / 41 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock89.67%
International stock5.96%
Fixed income3.55%
Cash0.82%
Other0.00%
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
RS Reliance Steel and Aluminum1.07%
UNT Unit Corp0.97%
-- Pason Systems Inc0.86%
FII Federated Investors, Inc. Class B0.85%
GCO Genesco Inc0.82%
NVR NVR Inc0.82%
SEIC SEI Investments Company0.76%
AIT Applied Industrial Technologies Inc0.72%
BCPC Balchem Corp0.69%
LSTR Landstar System Inc0.69%

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