Royce Small-Cap Opportunity Fund;Service (RYOFX)
Royce Small-Cap Opportunity Fund;Service operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $17.41, up 0.35% on the session, giving a market capitalisation of $1.38B. Its beta of 1.38 implies it has historically moved more than the broad market.
The Royce Opportunity Fund Service Class seeks substantial capital appreciation over an extended period. Its investment adviser strategically deploys the fund's assets predominantly into common stocks of smaller, emerging, and micro-capitalization companies. This approach aims to capitalize on what the adviser identifies as advantageous market conditions for securities believed to be trading below their intrinsic value. Typically, the fund commits at least 65% of its net assets to equity investments. Additionally, it has the discretion to allocate capital to other investment vehicles that also focus on equity securities.
Royce Small-Cap Opportunity Fund;Service is most often compared with the following Financial Services names: