Important Disclosure Information

Portfolio holdings are subject to change without notice. There can be no assurance that securities held as of the date shown below will be included in any Royce-managed portfolio in the future.

Unlike the Fund's regulatory filings, the portfolio data may not conform to Securities and Exchange Commission (SEC) presentation requirements. Therefore, it may differ from the schedule
of investments in the Fund's annual and semiannual reports to shareholders, which are available at royceinvest.com/literature and are also filed with the SEC on Form N-CSR.
This presentation may also differ from the schedule of investments provided in the first and third quarter SEC Form N-PORT Exhibit F filings.

See "Notes to Financial Statements" in the Fund's most recent annual or semiannual report to shareholders for information about how the Fund values its portfolio securities.

Investors should carefully consider the investment goals, risks, fees, and expenses of the Funds before investing. Please read the prospectus carefully before investing.

For additional information, you may view Exhibit F to Form N-PORT (Quarterly Fund Holdings report) filed by each Fund at http://www.sec.gov.

Royce Small-Cap Special Equity Fund

Holdings as of: 06/30/26

Download Holdings

#	Ticker	Asset Type	Sector	Industry	Name	Shares/ Principal	Price	% of Assets	Market Value
1		Repurchase Agreement			Fixed Income Clearing Corporation	122484219	$100.00	25.58%	$122,484,218.50
2	SMP	Common Stock	Consumer Discretionary	Automobile Components	Standard Motor Products	1040000	$38.97	8.47%	$40,528,800.00
3	MOV	Common Stock	Consumer Discretionary	Textiles, Apparel & Luxury Goods	Movado Group	722500	$39.31	5.93%	$28,401,475.00
4	HRB	Common Stock	Consumer Discretionary	Diversified Consumer Services	H&R Block	625000	$38.08	4.97%	$23,800,000.00
5	MAN	Common Stock	Industrials	Professional Services	ManpowerGroup	695000	$33.77	4.90%	$23,470,150.00
6	EEFT	Common Stock	Financials	Financial Services	Euronet Worldwide	310000	$73.19	4.74%	$22,688,900.00
7	M	Common Stock	Consumer Discretionary	Broadline Retail	Macy's	920000	$23.55	4.53%	$21,666,000.00
8	EBF	Common Stock	Industrials	Commercial Services & Supplies	Ennis	995000	$21.25	4.42%	$21,143,750.00
9	SLVM	Common Stock	Materials	Paper & Forest Products	Sylvamo Corporation	514000	$37.80	4.06%	$19,429,200.00
10	ETD	Common Stock	Consumer Discretionary	Household Durables	Ethan Allen Interiors	752500	$22.34	3.51%	$16,810,850.00
11	FHI	Common Stock	Financials	Capital Markets	Federated Hermes Cl. B	301000	$55.22	3.47%	$16,621,220.00
12	UFPI	Common Stock	Industrials	Building Products	UFP Industries	166000	$90.74	3.15%	$15,062,840.00
13	IMKTA	Common Stock	Consumer Staples	Consumer Staples Distribution & Retail	Ingles Markets Cl. A	168000	$88.58	3.11%	$14,881,440.00
14	GENC	Common Stock	Industrials	Machinery	Gencor Industries	935000	$14.92	2.91%	$13,950,200.00
15	MLI	Common Stock	Industrials	Machinery	Mueller Industries	109000	$122.93	2.80%	$13,399,370.00
16	IIIN	Common Stock	Industrials	Building Products	Insteel Industries	352500	$30.20	2.22%	$10,645,500.00
17	JBSS	Common Stock	Consumer Staples	Food Products	John B. Sanfilippo & Son	122000	$85.99	2.19%	$10,490,780.00
18	CMC	Common Stock	Materials	Metals & Mining	Commercial Metals	147500	$62.75	1.93%	$9,255,625.00
19	NVEC	Common Stock	Information Technology	Semiconductors & Semiconductor Equipment	NVE Corporation	80000	$104.55	1.75%	$8,364,000.00
20	MTUS	Common Stock	Materials	Metals & Mining	Metallus	290000	$18.69	1.13%	$5,420,100.00
21	GAMI!	Common Stock	Financials	Capital Markets	GAMCO Investors Cl. A	195000	$23.66	0.96%	$4,613,700.00
22	OSPN	Common Stock	Information Technology	Software	OneSpan	310000	$14.35	0.93%	$4,448,500.00
23	ODC	Common Stock	Consumer Staples	Household Products	Oil-Dri Corporation of America	40000	$102.21	0.85%	$4,088,400.00
24	KEQU	Common Stock	Health Care	Health Care Equipment & Supplies	Kewaunee Scientific	49700	$35.52	0.37%	$1,765,344.00
25	IOSP	Common Stock	Materials	Chemicals	Innospec	21000	$81.39	0.36%	$1,709,190.00
26	VSH	Common Stock	Information Technology	Electronic Equipment, Instruments & Components	Vishay Intertechnology	30000	$53.78	0.34%	$1,613,400.00
27	ROCK	Common Stock	Industrials	Building Products	Gibraltar Industries	32500	$45.10	0.31%	$1,465,750.00
28	USLM	Common Stock	Materials	Construction Materials	United States Lime & Minerals	6000	$104.67	0.13%	$628,020.00
29	MMI	Common Stock	Real Estate	Real Estate Management & Development	Marcus & Millichap	6000	$31.17	0.04%	$187,020.00
30	NATH	Common Stock	Consumer Discretionary	Hotels, Restaurants & Leisure	Nathan's Famous	1000	$101.60	0.02%	$101,600.00

Important Disclosure Information

Royce Small-Cap Special Equity Fund

Holdings as of: 06/30/26

Please Upgrade Your Browser

You are about to leave Royce Investment Partners’ website

Disclaimer

You are about to leave Royce Investment Partners’ website

Disclaimer

You are about to leave Royce Investment Partners’ website

Disclaimer

We've noticed that you have visited our website a few times.Would you like to sign up?

We've noticed that you have signed up for our website, but have not validated yourself.Please click below to send a validation email.

To add a Fund please enter your email

Interested in learning more?

This content is for Financial Professionals only.

Interested in learning more?

This content is for Financial Professionals only.

Seeing this again?

Check your email and click the link we sent. (Or fill out the form again.)

Please update your information

Welcome to Royce Investment Partners

Learn more about opportunities from the small cap specialists

Thank You.

Russell 2000 Market Cycles (%)

to

Tell us what you think

You are currently logged in with the email , would you like to sign out and login with the Royce Funds associated with the email?

We've noticed that you have visited our website a few times.

Would you like to sign up?

We've noticed that you have signed up for our website, but have not validated yourself.

Please click below to send a validation email.

Check your email and click the link we sent.
(Or fill out the form again.)