Royce Special Equity Fund (RYSEX)
The fund's investment adviser invests the fund's assets primarily in equity securities of small-cap companies. The fund invests at least 80% of its net assets in equity securities of small-cap companies, under normal circumstances. Although the fund normally focuses on securities of U.S. companies, it may invest up to 10% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries.
Fund Info
| ISIN | US7809057828 |
|---|---|
| CUSIP | 780905782 |
| Issuer | Royce Investment Partners |
| Inception Date | May 1, 1998 |
| Category | Small Cap Value Equities |
| Min. Investment | $2,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
RYSEX has a high expense ratio of 1.20%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: RYSEX vs. VOO, RYSEX vs. VSMAX, RYSEX vs. WMICX, RYSEX vs. RYVVX, RYSEX vs. SQLV, RYSEX vs. VTWO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Royce Special Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Royce Special Equity Fund had a return of 7.10% year-to-date (YTD) and 15.46% in the last 12 months. Over the past 10 years, Royce Special Equity Fund had an annualized return of 6.69%, while the S&P 500 had an annualized return of 11.39%, indicating that Royce Special Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.10% | 25.48% |
| 1 month | 5.31% | 2.14% |
| 6 months | 3.99% | 12.76% |
| 1 year | 15.46% | 33.14% |
| 5 years (annualized) | 8.86% | 13.96% |
| 10 years (annualized) | 6.69% | 11.39% |
Monthly Returns
The table below presents the monthly returns of RYSEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.05% | 0.66% | 3.63% | -3.33% | 3.09% | -3.17% | 9.52% | -5.32% | 1.09% | -1.82% | 7.10% | ||
| 2023 | 5.72% | 0.18% | -2.37% | -2.98% | -0.06% | 7.58% | 1.34% | -2.64% | -2.66% | -2.97% | 3.31% | 8.79% | 12.96% |
| 2022 | -5.61% | 1.39% | -1.48% | -4.00% | 2.37% | -5.94% | 8.17% | -4.28% | -6.91% | 9.85% | 4.88% | -3.51% | -6.60% |
| 2021 | 0.77% | 8.44% | 3.62% | 2.96% | -0.61% | -1.47% | -1.01% | 2.38% | -2.42% | 4.42% | 0.88% | 2.78% | 22.24% |
| 2020 | -3.75% | -6.73% | -16.02% | 10.79% | 5.04% | 2.59% | 0.69% | 4.33% | -2.41% | 3.02% | 7.06% | 5.57% | 7.43% |
| 2019 | 7.46% | 3.26% | -2.95% | 2.72% | -9.23% | 4.17% | 0.44% | -3.49% | 3.23% | 3.07% | 2.50% | 1.97% | 12.73% |
| 2018 | 0.87% | -5.73% | -0.10% | -3.72% | 6.07% | 2.74% | 3.68% | 0.13% | -3.46% | -4.36% | 2.45% | -8.02% | -9.96% |
| 2017 | -2.68% | -0.19% | 2.62% | 1.28% | -3.19% | 1.95% | 0.82% | -3.03% | 5.87% | 0.88% | 4.02% | -0.45% | 7.74% |
| 2016 | -3.18% | 0.92% | 8.10% | 0.21% | 1.79% | 0.52% | 3.09% | 2.15% | 0.39% | -1.17% | 11.68% | 4.69% | 32.29% |
| 2015 | -4.42% | 5.22% | 1.83% | -3.50% | 1.55% | -0.87% | -2.90% | -3.40% | -5.49% | 5.16% | 0.05% | -5.73% | -12.53% |
| 2014 | -5.24% | 3.75% | 0.94% | -3.30% | 1.04% | 3.30% | -4.83% | 3.69% | -5.82% | 7.21% | 0.44% | 1.05% | 1.29% |
| 2013 | 4.31% | 1.23% | 2.91% | -0.65% | 4.52% | -0.38% | 4.84% | -4.34% | 7.93% | 2.61% | 1.78% | 1.79% | 29.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RYSEX is 25, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Royce Special Equity Fund (RYSEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Royce Special Equity Fund provided a 1.39% dividend yield over the last twelve months, with an annual payout of $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.20 | $0.20 | $0.26 | $0.21 | $0.23 | $0.12 | $0.21 | $0.24 | $0.12 | $0.03 |
Dividend yield | 1.39% | 1.48% | 1.23% | 1.06% | 1.44% | 1.18% | 1.30% | 0.56% | 0.96% | 1.33% | 0.52% | 0.12% |
Monthly Dividends
The table displays the monthly dividend distributions for Royce Special Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2013 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Royce Special Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Royce Special Equity Fund was 43.27%, occurring on Mar 9, 2009. Recovery took 253 trading sessions.
The current Royce Special Equity Fund drawdown is 2.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.27% | Jul 20, 2007 | 411 | Mar 9, 2009 | 253 | Mar 10, 2010 | 664 |
| -32.13% | Aug 22, 2018 | 398 | Mar 23, 2020 | 172 | Nov 24, 2020 | 570 |
| -21.58% | Apr 7, 2015 | 216 | Feb 11, 2016 | 190 | Nov 10, 2016 | 406 |
| -21.12% | Apr 28, 2011 | 110 | Oct 3, 2011 | 83 | Feb 1, 2012 | 193 |
| -17.71% | Nov 26, 2021 | 213 | Sep 30, 2022 | 198 | Jul 18, 2023 | 411 |
Volatility
Volatility Chart
The current Royce Special Equity Fund volatility is 6.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.