Chuck Royce discusses three companies in which he has high confidence and explains why he thinks investors should remain in the market.

Portfolio Manager Joseph Hintz, CFA®, Assistant Portfolio Manager for Royce Total Return Fund, talks about his quality value approach and how it sometimes leads him to overlooked technology companies.

CEO and Co-CIO Chris Clark discusses recent Portfolio Manager elevations and other important changes that became effective with the updated Prospectuses on 5/1/22, as well as new additions to our investment staff.

Miles Lewis and Chuck Royce detail recent performance for Royce’s Small-Cap Quality Value Strategy as well as current opportunities and their outlook for the portfolio.

Lead Portfolio Manager Mark Rayner and Portfolio Manager Mark Fischer discuss their upbeat long-term outlook in spite of a difficult 1Q22 for the International Small-Cap Premier Quality Strategy.

Miles Lewis discusses two opportunities he currently favors for our dividend value approach.

Chuck Royce details three distinct companies that currently have his long-term confidence.

Charlie Dreifus discusses his take on the sharp market decline, three companies he’s optimistic about, and more.

PM Lauren Romeo talks about down market opportunities, the small-cap earnings season, and two high-quality holdings in our Premier Quality Strategy.

The portfolio management team for Royce International Premier Quality Strategy identifies 14 companies, discusses recent performance, and details their optimistic outlook.

Twice a year, our Fund Manager Commentaries give you a detailed look at their portfolio’s performance, positioning, prospects, and opportunities.

Get the latest news and investment team updates.

Lead Portfolio Manager Chuck Royce and Portfolio Managers Jay Kaplan and Andrew Palen update investors on how our flagship portfolio, Royce Pennsylvania Mutual Fund, performed in 4Q21 and 2021 as a whole while offering their confident outlook for 2022.

The portfolio management team for our opportunistic value strategies is led by Portfolio Managers Jim Stoeffel, Brendan Hartman, and Jim Harvey, along with Assistant Portfolio Manager Kavitha Venkatraman. Here, the team details how the strategy performed and updates clients on their outlook.

Lead Portfolio Manager Chuck Royce and Portfolio Managers Lauren Romeo, CFA® and Steven McBoyle update investors on how our Small-Cap Premier Quality Strategy performed and detail their optimistic outlook for 2022.

On 12/15/21, Senior Investment Strategist Steve Lipper welcomed Portfolio Managers Chuck Royce, Jay Kaplan, and Andrew Palen to discuss their outlook and highest conviction ideas for 2022 in a discussion that focused on our flagship portfolio, Royce Pennsylvania Mutual Fund.

PMs Miles Lewis, Steven McBoyle, and Jim Stoeffel detail why these small cap companies are their highest conviction ideas for next year.

Chuck Royce discusses how he looked at investing during Covid, the opportunities he’s currently focused on, and more.

PM Miles Lewis reviews his Quality Value approach, details two holdings he finds attractive, and three industries he currently favors.

PM Steven McBoyle details four Premier companies that are benefiting from industry trends.

Assistant PM Kavitha Venkatraman, who joined Royce in October, discusses the most critical metrics she looks for in a company, what drew her to our Small-Cap Opportunistic Value Strategy, which industries she believes have attractive valuations, and more.

Lauren Romeo, Andrew Palen, and Brendan Hartman discuss how businesses are adapting to the post-Covid world and the opportunities these changes are creating.

Lead Portfolio Manager Mark Rayner and Portfolio Manager Mark Fischer update clients on our International Small-Cap Premier Quality Strategy’s performance and offer their long-term outlook.

Miles Lewis and Chuck Royce, who manage Royce Total Return Fund, update clients on the portfolio’s recent performance and their cautiously optimistic outlook.

PMs Brendan Hartman and Jay Kaplan discuss how the current labor shortage is affecting their holdings.

Portfolio Managers Lauren Romeo, Jay Kaplan, and Andrew Palen on how they’re managing recent volatility for our flagship, Royce Pennsylvania Mutual Fund.

PMs Mark Rayner and Mark Fischer detail how their portfolio is positioned for inflation, finding non-cyclical industrial companies, and more.

The portfolio management team for our flagship, Royce Pennsylvania Mutual Fund, is led by Chuck Royce, along with Portfolio Managers Jay Kaplan, Lauren Romeo, Steven McBoyle, Andrew Palen, and Miles Lewis. We asked Chuck, Steven, and Andrew to update clients on the portfolio’s recent performance and explain their optimistic outlook.

The portfolio management team for Royce Opportunity Fund and our other opportunistic value strategies is led by Buzz Zaino, along with Portfolio Managers Jim Stoeffel, Brendan Hartman, and Jim Harvey. In this piece, the team updates clients on the portfolio’s strong performance and their optimistic outlook.

We recently asked four of our small-cap value portfolio managers to tell us how increasing inflation is affecting the way they’re managing their strategies.

Our conversation with Chief Risk Officer Gunjan Banati, who leads Royce's ESG efforts, on how company engagement and proxy voting are integral parts of our ESG activities.

Portfolio Manager Lauren Romeo on why high-quality small-cap cyclicals look poised to do well in an expanding global economy.

As Miles Lewis takes the helm of Royce Total Return Fund, we spoke to him and Chuck Royce about what we look for in dividend-paying small caps and where the current opportunities lie.

CEO and Co-CIO Chris Clark outlines how Royce approaches developing investment talent and the most recent Portfolio Manager elevations.

Boniface “Buzz” Zaino recently resumed leading the portfolio management team for Royce Opportunity Fund and our other offerings that are managed with the same disciplined approach he developed.

Portfolio Manager Mark Rayner and Senior Analyst Mark Fischer update clients on our International Small-Cap Premier Quality Strategy’s performance and detail their long-term optimism.

Lead Portfolio Manager Chuck Royce and Portfolio Managers Lauren Romeo, CFA and Steven McBoyle provide an update on how our Small-Cap Premier Quality Strategy performed as well their optimistic outlook for the rest of the year.

Lead PM Jim Stoeffel and PM Brendan Hartman discuss their risk-aware approach to buying micro-cap stocks and talk about two holdings that exemplify their stock selection process.

Portfolio Manager Chip Skinner details his “GARP” approach and discusses two holdings that exemplify his stock selection process.

PM Mark Rayner details the process for his high-quality strategy and two international small cap opportunities he believes other investors are overlooking.

Portfolio Managers Chuck Royce, Jay Kaplan, Steven McBoyle, Lauren Romeo, and Miles Lewis talk about what drove the Fund’s performance in 2020 and provide an outlook for 2021.

Portfolio Manager Charlie Dreifus tells us what drove his Strategy’s impressive relative performance in 2020 as well as what his outlook is for 2021.

In our latest podcast, Senior Investment Strategist Steve Lipper interviews PM Steven McBoyle on contrarian investments, companies accelerating their adoption of technology, and more.

We asked Portfolio Managers Steven McBoyle, Mark Rayner, and Miles Lewis to weigh in on the companies they think will make strong rebounds from the pandemic.

Portfolio Manager Mark Rayner offers an update on how our International Small-Cap Premier Quality Strategy performed in 3Q20 and discusses his outlook.

Lead Portfolio Manager Chuck Royce and Portfolio Managers Lauren Romeo, CFA and Steven McBoyle provide an update on how our Small-Cap Premier Quality Strategy performed in 3Q20 and detail their outlook.

In our latest podcast, Senior Investment Strategist Steve Lipper interviews PM Miles Lewis on how he invests in dividend-paying Financials, contrarian positions in retail, and more.

Assistant PM Andrew Palen explains the importance of our Emerging Quality theme in Royce Pennsylvania Mutual Fund’s multi-discipline approach.

Mark Fischer, Senior Analyst and Director of International Research, talks about the appeal of non-U.S. small-caps as well as the importance of effective governance.

In a podcast interview, Senior Investment Strategist Steve Lipper asks PM Jay Kaplan how he’s been navigating investing in a robust market with a struggling economy, where he is finding opportunities, and more.

PM Lauren Romeo talks about three key holdings in our Premier Quality Strategy and offers her outlook for small-cap stocks.

In our first-ever podcast, Senior Investment Strategist Steve Lipper talks to Charlie Dreifus about Fed interventions, his recent interest in financial companies, and more.

PM Mark Rayner details the rigorous approach he utilizes for Royce’s International Small-Cap Premier Quality strategy.

In an interview with Portfolio Manager Miles Lewis, who joined Royce in May, he describes his investment approach, what factors are important to him as an investor, and what he thinks of the current small-cap market.

We recently asked Portfolio Manager Mark Rayner for an update and his latest outlook for our International Small-Cap Premier Quality Strategy.

We recently asked Lead Portfolio Manager Chuck Royce and Portfolio Managers Lauren Romeo, CFA and Steven McBoyle for an update and the latest outlook for our Small-Cap Premier Quality Strategy that Chuck has been managing since 1991.

We recently asked Portfolio Manager Charlie Dreifus for an update and outlook for the Small-Cap Special Equity Strategy that he’s been managing at Royce since 1998.

PM Jay Kaplan recaps investors on how our Dividend Value Approach performed in 2019 and how 2020 may be better.

Charlie Dreifus details what factors made 2019 challenging and how 2020 may be different.

PM Mark Rayner on what worked and what didn’t for our international approach, and where he’s been finding opportunities.

PM Lauren Romeo gives a comprehensive review of two key holdings in our Premier Quality Strategy.

Portfolio Manager Mark Rayner on how his recent research trips to Germany and Japan yielded actionable insights for our International Premier Quality Strategy.

Portfolio Manager Steven McBoyle discusses his outlook and details which sectors mattered most in recent performance for our High-Quality Strategy.

PM Mark Rayner discusses recent volatility, Brexit, and 3 high-quality international small-cap holdings.

Chuck Royce on two high-quality holdings and how he is managing cash in our High-Quality strategy.

Jay Kaplan on where he is finding value and how he invests in small-cap technology stocks for our Dividend Value Approach.

PM Lauren Romeo discusses recent market volatility and gives a deep dive on four key holdings in our Premier Quality strategy.