RTRIX Performance — Royce Small-Cap Total Return Fund, Institutional Class
Data updated: 2026-08-11
RTRIX returned +13.79% year to date and +20.83% over one year to Jun 2026. Annualised returns are +13.56% over 3 years and +7.79% over 5 years. The fund trailed its US Small Value category average: $100 invested three years ago grew to $146, against $153 for the category, and to $121 over one year, against $131. Volatility over the past three years was 17.80% a year. In the 12 months to Jun 2026 the fund lost a net $38.6M, and assets reached $948.43M.
RTRIX Growth of $100
What $100 invested in Royce Small-Cap Total Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | RTRIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $131 |
| 3 years (Jul 2023 – Jun 2026) | $146 | $153 |
| 5 years (Jul 2021 – Jun 2026) | $146 | $149 |
| Since data start (Jul 2019 – Jun 2026) | $194 | $213 |
RTRIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.79% |
| 1 year | +20.83% |
| 3 years (annualised) | +13.56% |
| 5 years (annualised) | +7.79% |
RTRIX Annual Returns
Calendar-year total returns of Royce Small-Cap Total Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +13.79% |
| 2025 | +2.54% |
| 2024 | +10.21% |
| 2023 | +24.10% |
| 2022 | −13.14% |
| 2021 | +25.91% |
| 2020 | +3.85% |
| 2019 (Jul–Dec) | +7.07% |
RTRIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.3% | −2.0% | −4.1% | +7.8% | −0.6% | +7.2% | — | — | — | — | — | — |
| 2025 | +2.2% | −2.6% | −5.4% | −4.9% | +4.5% | +3.3% | +0.8% | +6.6% | −2.3% | −4.2% | +3.6% | +1.8% |
| 2024 | −2.9% | +2.6% | +4.7% | −7.3% | +5.4% | −0.5% | +7.9% | −3.3% | +0.1% | −0.4% | +10.5% | −5.5% |
| 2023 | +11.0% | −1.5% | −6.4% | −1.4% | −1.6% | +9.7% | +6.2% | −2.2% | −3.2% | −6.4% | +8.8% | +11.3% |
| 2022 | −3.8% | +0.5% | +1.0% | −6.1% | +2.3% | −7.8% | +6.9% | −6.2% | −10.2% | +10.8% | +5.6% | −4.6% |
| 2021 | +1.2% | +9.6% | +5.7% | +5.0% | +0.8% | −3.3% | −1.8% | +2.5% | −2.4% | +4.4% | −2.8% | +5.2% |
| 2020 | −2.6% | −10.3% | −20.3% | +12.0% | +2.8% | +3.1% | +2.1% | +3.5% | −5.2% | +2.9% | +13.7% | +7.0% |
| 2019 | — | — | — | — | — | — | +0.9% | −3.8% | +3.2% | +2.2% | +2.3% | +2.2% |
RTRIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.80%
- 3-year Sharpe ratio: 0.51 (vs 4.5% risk-free rate)
- Best month: +11.26% (Dec 2023)
- Worst month: −7.29% (Apr 2024)
RTRIX Fund Flows
Monthly money in and out of Royce Small-Cap Total Return Fund, from SEC Form N-PORT.
- 12-month net flow: −$38.6M
- 12-month gross sales (incl. reinvestments): $173.3M
- Sales ÷ redemptions: 0.82×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $9.5M | $15.4M | −$5.9M |
| May 2026 | $5.3M | $12.4M | −$7.1M |
| Apr 2026 | $4.6M | $13.0M | −$8.4M |
| Mar 2026 | $9.3M | $29.0M | −$19.7M |
| Feb 2026 | $5.4M | $17.2M | −$11.7M |
| Jan 2026 | $6.3M | $29.3M | −$23.0M |
| Dec 2025 | $95.4M | $21.2M | $74.2M |
| Nov 2025 | $6.3M | $15.7M | −$9.4M |
| Oct 2025 | $7.4M | $15.3M | −$7.9M |
| Sep 2025 | $9.4M | $13.4M | −$4.0M |
| Aug 2025 | $6.5M | $18.5M | −$12.0M |
| Jul 2025 | $7.9M | $11.7M | −$3.8M |
RTRIX Assets Under Management
Net assets of Royce Small-Cap Total Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $948.43M |
| 2026-03-31 | $848.24M |
| 2025-12-31 | $912.54M |
| 2025-09-30 | $943.43M |
| 2025-06-30 | $922.04M |
| 2025-03-31 | $914.37M |
| 2024-12-31 | $998.30M |
| 2024-09-30 | $1.00B |
| 2024-06-30 | $1.01B |
| 2024-03-31 | $1.05B |
| 2023-12-31 | $1.02B |
| 2023-09-30 | $937.62M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.