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
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Normally, the fund invests at least 65% of its net assets in equity securities of such small- and micro-cap companies. Although it normally focuses on 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. The fund may invest in other investment companies that invest in equity securities.


1 month-7.00% 3 years+2.85%
3 months+17.39% 5 years+5.53%
1 year-7.21% Since inception+11.11%
Data through --

Peer Comparisonvs. Small blend

Performance 5-yr return+5.53%+2.49%
Expense ratio0.94%1.11%
Risk 5 year sharpe ratio0.300.17
Net assets$1.6B$1.1B
Average market cap$1.7B$3.1B
Average P/E14.017.7
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyRoyce Investment Partners
Fund manager & tenureCharles Royce / 47 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00


U.S. stock88.00%
International stock10.65%
Fixed income0.00%
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
KWR Quaker Chemical Corp1.27%
-- 1.24%
ARES Ares Management Corp1.19%
TNC Tennant Co1.12%
FCNCA First Citizens BancShares Inc (Delaware)1.10%
CCMP Cabot Microelectronics Corp1.07%
FLIR FLIR Systems Inc1.05%
RS Reliance Steel & Aluminum Co1.05%
HLI Houlihan Lokey Inc1.05%
LSTR Landstar System Inc1.02%