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 Total Return Fund

Holdings as of: 09/30/26

Download Holdings

#	Ticker	Asset Type	Sector	Industry	Name	Shares/ Principal	Price	% of Assets	Market Value
1	IGIC	Common Stock	Financials	Insurance	International General Insurance Holdings	1016324	$24.30	3.31%	$24,696,673.20
2	AGO	Common Stock	Financials	Insurance	Assured Guaranty	354300	$67.72	3.22%	$23,993,196.00
3	MSM	Common Stock	Industrials	Trading Companies & Distributors	MSC Industrial Direct Cl. A	190454	$123.72	3.16%	$23,562,968.88
4	AAP	Common Stock	Consumer Discretionary	Specialty Retail	Advance Auto Parts	561178	$38.91	2.93%	$21,835,435.98
5	ASO	Common Stock	Consumer Discretionary	Specialty Retail	Academy Sports and Outdoors	451270	$48.09	2.91%	$21,701,574.30
6		Repurchase Agreement			Fixed Income Clearing Corporation	20529941	$100.00	2.75%	$20,529,941.04
7	NGVT	Common Stock	Materials	Chemicals	Ingevity Corporation	288588	$70.75	2.74%	$20,417,601.00
8	AVTR	Common Stock	Health Care	Life Sciences Tools & Services	Avantor	1352596	$15.05	2.73%	$20,356,569.80
9	ANDG	Common Stock	Industrials	Professional Services	Andersen Group Cl. A	352352	$54.40	2.57%	$19,167,948.80
10	PACS	Common Stock	Health Care	Health Care Providers & Services	PACS Group	421285	$41.55	2.35%	$17,504,391.75
11	NOMD	Common Stock	Consumer Staples	Food Products	Nomad Foods	1673894	$10.33	2.32%	$17,291,325.02
12	HOMB	Common Stock	Financials	Banks	Home BancShares	605570	$28.18	2.29%	$17,064,962.60
13	HCKT	Common Stock	Information Technology	IT Services	Hackett Group (The)	1679685	$10.05	2.26%	$16,880,834.25
14	BBSI	Common Stock	Industrials	Professional Services	Barrett Business Services	553885	$30.26	2.25%	$16,760,560.10
15	UFPI	Common Stock	Industrials	Building Products	UFP Industries	216063	$77.22	2.24%	$16,684,384.86
16	VNT	Common Stock	Information Technology	Electronic Equipment, Instruments & Components	Vontier Corporation	529537	$31.40	2.23%	$16,627,461.80
17	NGVC	Common Stock	Consumer Staples	Consumer Staples Distribution & Retail	Natural Grocers by Vitamin Cottage	528482	$30.46	2.16%	$16,097,561.72
18	YSWY	Common Stock	Consumer Staples	Consumer Staples Distribution & Retail	Yesway Cl. A	751150	$20.16	2.03%	$15,143,184.00
19	TRS	Common Stock	Materials	Containers & Packaging	TriMas Corporation	389214	$38.60	2.01%	$15,021,714.33
20	KWR	Common Stock	Materials	Chemicals	Quaker Houghton	93514	$157.76	1.98%	$14,752,768.64
21	GABC	Common Stock	Financials	Banks	German American Bancorp	301369	$48.36	1.95%	$14,574,204.84
22	HCSG	Common Stock	Industrials	Commercial Services & Supplies	Healthcare Services Group	672199	$20.45	1.84%	$13,746,469.55
23	FFIN	Common Stock	Financials	Banks	First Financial Bankshares	406913	$31.74	1.73%	$12,915,418.62
24	SLGN	Common Stock	Materials	Containers & Packaging	Silgan Holdings	359630	$34.75	1.68%	$12,497,142.50
25	PBH CN	Common Stock	Consumer Staples	Food Products	Premium Brands Holdings	248719	$49.64	1.66%	$12,345,508.32
26	OBK	Common Stock	Financials	Banks	Origin Bancorp	233618	$52.25	1.64%	$12,206,540.50
27	LOB	Common Stock	Financials	Banks	Live Oak Bancshares	333263	$36.19	1.62%	$12,060,787.97
28	CENTA	Common Stock	Consumer Staples	Household Products	Central Garden & Pet Cl. A	359583	$33.52	1.62%	$12,053,222.16
29	YETI	Common Stock	Consumer Discretionary	Leisure Products	YETI Holdings	288530	$41.02	1.59%	$11,835,500.60
30	TKR	Common Stock	Industrials	Machinery	Timken Company (The)	100994	$116.75	1.58%	$11,791,049.50
31	NSP	Common Stock	Industrials	Professional Services	Insperity	241817	$46.59	1.51%	$11,266,254.03
32	JJSF	Common Stock	Consumer Staples	Food Products	J&J Snack Foods	145173	$76.45	1.49%	$11,098,475.85
33	SFM	Common Stock	Consumer Staples	Consumer Staples Distribution & Retail	Sprouts Farmers Market	166869	$66.35	1.48%	$11,071,758.15
34	KBR	Common Stock	Industrials	Professional Services	KBR	314258	$35.16	1.48%	$11,049,311.28
35	MRX	Common Stock	Financials	Capital Markets	Marex Group	151215	$69.76	1.41%	$10,548,758.40
36	MBIN	Common Stock	Financials	Financial Services	Merchants Bancorp	210782	$48.96	1.38%	$10,319,886.72
37	BV	Common Stock	Industrials	Commercial Services & Supplies	BrightView Holdings	1005236	$10.00	1.35%	$10,052,360.00
38	RCBC	Common Stock	Financials	Banks	River City Bank	195346	$51.20	1.34%	$10,001,715.20
39	FC	Common Stock	Industrials	Professional Services	Franklin Covey	572602	$17.10	1.31%	$9,791,494.20
40	BBWI	Common Stock	Consumer Discretionary	Specialty Retail	Bath & Body Works	611052	$15.92	1.30%	$9,727,947.84
41	TOWN	Common Stock	Financials	Banks	TowneBank	257455	$35.65	1.23%	$9,178,270.75
42	IPAR	Common Stock	Consumer Staples	Personal Care Products	Interparfums	82078	$110.96	1.22%	$9,107,374.88
43	CBC	Common Stock	Financials	Banks	Central Bancompany Cl. A	282751	$31.25	1.18%	$8,835,968.75
44	GBCI	Common Stock	Financials	Banks	Glacier Bancorp	202267	$43.20	1.17%	$8,737,934.40
45	WHD	Common Stock	Energy	Energy Equipment & Services	Cactus Cl. A	134597	$62.22	1.12%	$8,374,625.34
46	TREX	Common Stock	Industrials	Building Products	Trex Company	186186	$43.56	1.09%	$8,110,262.16
47	CRD/A	Common Stock	Financials	Insurance	Crawford & Company Cl. A	649573	$12.48	1.09%	$8,106,671.04
48	FTAI	Common Stock	Industrials	Aerospace & Defense	FTAI Aviation	47968	$167.03	1.07%	$8,012,095.04
49	FLOC	Common Stock	Energy	Energy Equipment & Services	Flowco Holdings Cl. A	402169	$18.10	0.98%	$7,279,258.90
50	WD	Common Stock	Financials	Financial Services	Walker & Dunlop	206135	$35.11	0.97%	$7,237,399.85
51	HIFS	Common Stock	Financials	Banks	Hingham Institution for Savings	22500	$282.59	0.85%	$6,358,275.00
52	LPX	Common Stock	Industrials	Building Products	Louisiana-Pacific Corporation	94142	$64.55	0.81%	$6,076,866.10
53	MD	Common Stock	Health Care	Health Care Providers & Services	Pediatrix Medical Group	234038	$25.73	0.81%	$6,021,797.74
54	BKU	Common Stock	Financials	Banks	BankUnited	119061	$42.20	0.67%	$5,024,374.20
55	PLGO	Common Stock	Financials	Insurance	Pelagos Insurance Capital	207292	$23.66	0.66%	$4,904,528.72
56	BRSL	Common Stock	Consumer Discretionary	Hotels, Restaurants & Leisure	Brightstar Lottery	478349	$9.99	0.64%	$4,778,706.51
57	ATR	Common Stock	Materials	Containers & Packaging	AptarGroup	34834	$121.16	0.57%	$4,220,487.44
58	DFIN	Common Stock	Financials	Capital Markets	Donnelley Financial Solutions	84993	$47.19	0.54%	$4,010,819.67
59	SBCF	Common Stock	Financials	Banks	Seacoast Banking Corporation of Florida	117194	$31.83	0.50%	$3,730,285.02
60	CHWY	Common Stock	Consumer Discretionary	Specialty Retail	Chewy Cl. A	204139	$18.20	0.50%	$3,715,329.80
61	ESQ	Common Stock	Financials	Banks	Esquire Financial Holdings	29370	$116.37	0.46%	$3,417,786.90
62	KLIC	Common Stock	Information Technology	Semiconductors & Semiconductor Equipment	Kulicke & Soffa Industries	27451	$94.25	0.35%	$2,587,256.75
63	TASE IT	Common Stock	Financials	Capital Markets	Tel Aviv Stock Exchange	20562	$44.55	0.12%	$916,080.71
64	TDS	Common Stock	Communication Services	Wireless Telecommunication Services	Telephone and Data Systems	14615	$33.92	0.07%	$495,740.80

Important Disclosure Information

Royce Small-Cap Total Return Fund

Holdings as of: 09/30/26

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.)