Royce Pennsylvania Mutual Fund Investment Class (PENNX)
| 11.54 Net Asset Value | -1.54% 1 Day | +12.70% Year-to-Date | Overall Morningstar Rating |
| Small blend Style or Category | No Load Sales Expenses | 0.94% 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.
Performance
| 1 month | +6.26% | 3 years | +13.81% | |
| 3 months | +19.69% | 5 years | +16.59% | |
| 1 year | +43.11% | Since inception | +11.64% |
Data through --
Peer Comparisonvs. Small blend
| PENNX | Category | |
|---|---|---|
| Performance 5-yr return | +16.59% | +10.50% |
| Expense ratio | 0.94% | 1.12% |
| Risk 5 year sharpe ratio | 0.76 | 0.63 |
| Net assets | $1.9B | $1.4B |
| Average market cap | $2.8B | $4.2B |
| Average P/E | 24.1 | 21.2 |
| Portfolio turnover | 30% | 30% |
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Fund Management and Purchase Info
| Fund family | Royce Investment Partners |
| Fund manager & tenure | Charles Royce / 48 Years |
| Minimal initial investment | $2,000.00 |
| Minimum IRA investment | $1,000.00 |
Holdings
| U.S. stock | 89.33% |
| International stock | 9.24% |
| Cash | 1.44% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Industrial materials | 21.03% |
| Financial service | 14.82% |
| Business service | 12.63% |
| Consumer goods | 10.90% |
| Hardware | 8.41% |
Top 10 HoldingsPortfolio weighting
| FCNCA First Citizens BancShares Inc (Delaware) | 1.25% |
| KWR Quaker Chemical Corp | 1.19% |
| MKSI MKS Instruments Inc | 1.10% |
| MORN Morningstar Inc | 1.00% |
| -- | 0.98% |
| FLIR FLIR Systems Inc | 0.94% |
| PAR PAR Technology Corp | 0.94% |
| KBR KBR Inc | 0.91% |
| CFX Colfax Corp | 0.91% |
| -- | 0.91% |
