Royce Premier Fund Service Class (RPFFX)
Royce Premier Fund Service Class operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $10.97, up 0.92% on the session, giving a market capitalisation of $1.47B. Its beta of 1.02 implies it has historically moved more than the broad market.
The fund's investment adviser employs a concentrated investment approach, committing its capital to a focused selection of equity securities, typically holding fewer than 100 stocks. The primary target for these investments is small-capitalization companies, as determined at the point of initial acquisition. Generally, the fund allocates at least 80% of its total net assets to shares of these carefully chosen 'premier' companies. Furthermore, it's mandated that a minimum of 65% of these specific equity holdings must originate from small-cap enterprises when they are first purchased.
Royce Premier Fund Service Class is most often compared with the following Financial Services names: