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Royce Capital Fund - Small-Cap Portfolio
mutual fund
RCPFX
Payout Change
Pending
Price as of:
$10.14
+0.22
+2.22%
primary theme
U.S. Small-Cap Value Equity
share class
RCPFX (Mutual Fund)
Royce Capital Fund - Small-Cap Portfolio
Payout Change
Pending
Price as of:
$10.14
+0.22
+2.22%
primary theme
U.S. Small-Cap Value Equity
share class
RCPFX (Mutual Fund)
Royce Capital Fund - Small-Cap Portfolio
Payout Change
Pending
Price as of:
$10.14
+0.22
+2.22%
primary theme
U.S. Small-Cap Value Equity
share class
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.7%
1 yr return
24.8%
3 Yr Avg Return
8.2%
5 Yr Avg Return
9.6%
Net Assets
$282 M
Holdings in Top 10
17.2%
52 WEEK LOW AND HIGH
$9.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 51.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RCPFX - Profile
Distributions
- YTD Total Return 5.7%
- 3 Yr Annualized Total Return 8.2%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.37%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameRoyce Capital Fund - Small-Cap Portfolio
-
Fund Family NameROYCEFUNDS
-
Inception DateNov 22, 1999
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJay Kaplan
Fund Description
Royce Investment Partners (“Royce”), the Fund’s investment adviser, invests the Fund’s assets primarily in equity securities of small-cap companies that Royce believes are trading below its estimate of their current worth. Small-cap companies are those that have a market capitalization not greater than that of the largest company in the Russell 2000® Index at the time of its most recent reconstitution. The Fund generally invests in such companies that Royce believes also possess financial strength, a strong business model, and the ability to generate and effectively allocate excess free cash flow.
The Fund invests at least 80% of its net assets in equity securities of small-cap companies, under normal circumstances. Although the Fund generally 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 primarily in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities, and/or manage cash levels in the Fund’s portfolio.
RCPFX - Performance
Return Ranking - Trailing
| Period | RCPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.7% | -8.9% | 22.4% | 81.82% |
| 1 Yr | 24.8% | 5.9% | 41.2% | 72.03% |
| 3 Yr | 8.2%* | -13.4% | 69.5% | 12.29% |
| 5 Yr | 9.6%* | -2.8% | 52.5% | 70.92% |
| 10 Yr | 6.9%* | -2.5% | 28.8% | 82.72% |
* Annualized
Return Ranking - Calendar
| Period | RCPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.7% | -6.0% | 33.6% | 28.70% |
| 2022 | -11.2% | -36.7% | 212.9% | 19.15% |
| 2021 | 27.0% | -62.0% | 147.6% | 29.51% |
| 2020 | -9.5% | -24.8% | 31.3% | 97.50% |
| 2019 | 4.1% | -21.7% | 34.0% | 96.06% |
Total Return Ranking - Trailing
| Period | RCPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.7% | -8.9% | 22.4% | 81.82% |
| 1 Yr | 24.8% | 5.9% | 41.2% | 72.03% |
| 3 Yr | 8.2%* | -13.4% | 69.5% | 12.29% |
| 5 Yr | 9.6%* | -2.8% | 52.5% | 70.92% |
| 10 Yr | 6.9%* | -2.5% | 28.8% | 82.72% |
* Annualized
Total Return Ranking - Calendar
| Period | RCPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.9% | 1.8% | 35.4% | 1.85% |
| 2022 | -9.2% | -36.7% | 250.0% | 32.62% |
| 2021 | 28.8% | -3.0% | 157.9% | 62.44% |
| 2020 | -7.2% | -13.5% | 33.4% | 97.25% |
| 2019 | 18.7% | -1.5% | 34.3% | 88.98% |
NAV & Total Return History
RCPFX - Holdings
Concentration Analysis
| RCPFX | Category Low | Category High | RCPFX % Rank | |
|---|---|---|---|---|
| Net Assets | 282 M | 5.95 M | 54 B | 59.12% |
| Number of Holdings | 84 | 10 | 1599 | 69.05% |
| Net Assets in Top 10 | 48.5 M | 762 K | 3.2 B | 60.28% |
| Weighting of Top 10 | 17.23% | 5.4% | 92.2% | 56.48% |
Top 10 Holdings
- Shoe Carnival Inc 1.89%
- Sanmina Corp 1.81%
- M/I Homes Inc 1.80%
- SilverBow Resources Inc 1.79%
- PulteGroup Inc 1.78%
- Chord Energy Corp 1.70%
- Flex Ltd 1.67%
- ePlus Inc 1.65%
- Evercore Inc 1.57%
- Univest Financial Corp 1.57%
Asset Allocation
| Weighting | Return Low | Return High | RCPFX % Rank | |
|---|---|---|---|---|
| Stocks | 98.99% | 7.22% | 105.88% | 38.80% |
| Other | 1.09% | -1.83% | 31.19% | 14.32% |
| Preferred Stocks | 0.00% | 0.00% | 1.87% | 79.68% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 78.92% |
| Cash | 0.00% | 0.00% | 39.68% | 98.61% |
| Bonds | 0.00% | 0.00% | 79.66% | 79.21% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RCPFX % Rank | |
|---|---|---|---|---|
| Technology | 21.86% | 0.00% | 34.03% | 1.65% |
| Financial Services | 21.82% | 0.00% | 35.71% | 61.23% |
| Industrials | 19.36% | 0.65% | 48.61% | 32.62% |
| Consumer Cyclical | 17.35% | 0.00% | 51.62% | 13.95% |
| Healthcare | 8.52% | 0.00% | 25.76% | 20.09% |
| Energy | 4.70% | 0.00% | 29.42% | 78.49% |
| Consumer Defense | 2.35% | 0.00% | 13.22% | 80.85% |
| Communication Services | 2.15% | 0.00% | 24.90% | 56.26% |
| Real Estate | 1.01% | 0.00% | 44.41% | 91.02% |
| Basic Materials | 0.89% | 0.00% | 67.30% | 97.87% |
| Utilities | 0.00% | 0.00% | 13.86% | 95.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RCPFX % Rank | |
|---|---|---|---|---|
| US | 98.99% | 7.22% | 105.88% | 28.41% |
| Non US | 0.00% | 0.00% | 76.17% | 82.22% |
RCPFX - Expenses
Operational Fees
| RCPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.15% | 0.05% | 37.04% | 52.66% |
| Management Fee | 1.00% | 0.00% | 1.50% | 93.75% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 59.92% |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| RCPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| RCPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RCPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 51.00% | 7.00% | 252.00% | 48.01% |
RCPFX - Distributions
Dividend Yield Analysis
| RCPFX | Category Low | Category High | RCPFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.80% | 0.00% | 14.14% | 4.39% |
Dividend Distribution Analysis
| RCPFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| RCPFX | Category Low | Category High | RCPFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.37% | -1.43% | 4.13% | 54.61% |
Capital Gain Distribution Analysis
| RCPFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2023 | $0.081 | OrdinaryDividend |
| Dec 14, 2023 | $0.838 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.187 | OrdinaryDividend |
| Dec 16, 2021 | $0.130 | OrdinaryDividend |
| Dec 10, 2020 | $0.191 | OrdinaryDividend |
| Dec 12, 2019 | $0.060 | OrdinaryDividend |
| Dec 12, 2019 | $0.254 | CapitalGainShortTerm |
| Dec 12, 2019 | $0.826 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.114 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.069 | OrdinaryDividend |
| Dec 14, 2017 | $0.080 | OrdinaryDividend |
| Dec 15, 2016 | $1.640 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.166 | OrdinaryDividend |
| Dec 17, 2015 | $2.473 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.092 | OrdinaryDividend |
| Dec 17, 2015 | $0.163 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.481 | CapitalGainShortTerm |
| Dec 17, 2014 | $1.178 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.018 | OrdinaryDividend |
| Dec 12, 2013 | $0.062 | CapitalGainShortTerm |
| Dec 12, 2013 | $0.687 | CapitalGainLongTerm |
| Dec 12, 2013 | $0.144 | OrdinaryDividend |
| Dec 13, 2012 | $0.279 | CapitalGainLongTerm |
| Dec 13, 2012 | $0.012 | OrdinaryDividend |
| Dec 15, 2011 | $0.036 | OrdinaryDividend |
| Dec 16, 2010 | $0.011 | OrdinaryDividend |
| Dec 16, 2008 | $0.309 | CapitalGainShortTerm |
| Dec 16, 2008 | $0.448 | CapitalGainLongTerm |
| Dec 16, 2008 | $0.059 | OrdinaryDividend |
| Dec 12, 2007 | $0.157 | CapitalGainShortTerm |
| Dec 12, 2007 | $0.321 | CapitalGainLongTerm |
| Dec 12, 2007 | $0.006 | OrdinaryDividend |
| Dec 12, 2006 | $0.165 | CapitalGainShortTerm |
| Dec 12, 2006 | $0.334 | CapitalGainLongTerm |
| Dec 12, 2006 | $0.007 | OrdinaryDividend |
| Dec 02, 2005 | $0.042 | CapitalGainShortTerm |
| Dec 02, 2005 | $0.060 | CapitalGainLongTerm |
| Dec 02, 2004 | $0.278 | CapitalGainShortTerm |
| Dec 02, 2004 | $0.195 | CapitalGainLongTerm |
| Dec 11, 2003 | $0.450 | CapitalGainShortTerm |
| Dec 11, 2003 | $0.006 | CapitalGainLongTerm |
| Dec 18, 2002 | $0.030 | CapitalGainLongTerm |
| Dec 12, 2001 | $0.850 | CapitalGainShortTerm |
| Dec 12, 2001 | $0.190 | CapitalGainLongTerm |
RCPFX - Fund Manager Analysis
Managers
Jay Kaplan
Start Date
Tenure
Tenure Rank
Dec 31, 2003
18.43
18.4%
Mr. Kaplan has been portfolio manager since 2011 and was previously assistant portfolio manager (2005-2011). His employer at Royce since 2000. Prior to joining the firm, he spent 12 years with Prudential Financial, most recently as a managing director and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.22 | 3.58 |
