Royce Small-Cap Special Equity assistant managers Steve McBoyle and Tim Hipskind will formally become comanagers of the strategy on Sept. 1, 2026, with since-inception manager Charlie Dreifus, according to recent regulatory filings and firm statements. The promotion confirms how the team has already been operating. The trio has managed the fund together for two years, since Hipskind joined the squad; McBoyle has worked with Dreifus on this strategy for more than a decade. Dreifus, 82, has no plans to retire, but the firm said the promotions clarify succession plans. The strategy's People Pillar rating remains the same.
Royce Small-Cap Special Equity Fund Investment Class RYSEX
- NAV / 1-Day Return 17.28 / +0.06 %
- Total Assets 468.2M
-
Adj. Expense Ratio
1.240%
- Expense Ratio 1.240%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Small Value
- Investment Style Small Value
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 1.87%
- Turnover 12%
USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 10:14 PM GMT+0
Morningstar’s Analysis RYSEX
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Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 49.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Fixed Income Clearing Corporation | 25.58 | 122M | Cash and Equivalents |
Standard Motor Products Inc | 8.47 | 41M | Consumer Cyclical |
Movado Group Inc | 5.93 | 28M | Consumer Cyclical |
H&R Block Inc | 4.97 | 24M | Consumer Cyclical |
ManpowerGroup Inc | 4.90 | 23M | Industrials |
Euronet Worldwide Inc | 4.74 | 23M | Technology |
Macy's Inc | 4.53 | 22M | Consumer Cyclical |
Ennis Inc | 4.42 | 21M | Industrials |
Sylvamo Corp Ordinary Shares When Issued | 4.06 | 19M | Basic Materials |
Ethan Allen Interiors Inc | 3.51 | 17M | Consumer Cyclical |
United States