RVVRX — Royce Small-Cap Value Fund
Data updated: 2026-08-11
RVVRX — Royce Small-Cap Value Fund. United States Small Cap Value Equity · $111.81M AUM · 1.99% expense ratio. Holdings, fees, performance and SEC filings.
RVVRX Fund Overview
RVVRX — Royce Small-Cap Value Fund is a US mutual fund managed by Royce Fund, categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Royce Fund
- Category: United States Small Cap Value Equity
- Assets under management: $111.81M
- 1-year return: 1.7%
- Ticker: RVVRX
- SEC CIK: 0000709364
- SEC series ID: S000009516
- Share class ID: C000054169
RVVRX Investment Objective and Strategy
Royce Small-Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Royce Fund.
Investment objective
Royce Small-Cap Value Funds investment goal is long-term growth of capital.
Principal investment strategy
Royce Investment Partners (Royce), the Funds investment adviser, invests the Funds assets primarily in equity securities of small-cap companies that it believes are trading below its estimate of their current worth. Small-cap companies are those that have a market capitalization not greater than that of the largest company in the Russell 2000 Index at the time of its most recent reconstitution. Royce focuses on companies that it believes also possess financial strength, a strong business model, and the ability to generate and effectively allocate excess free cash flow. The Fund invests at least 80% of its net assets in equity securities of small-cap companies, under normal circumstances. The Fund may continue to hold or, in some cases, build positions in companies with higher market capitalizations.
Although the Fund generally focuses on securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in equity securities of companies headquartered in foreign countries. The Fund may invest in other investment companies that invest primarily in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities, and/or manage cash levels in the Funds portfolio.
RVVRX Holdings
Top 10 holdings of Royce Small-Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| TD SYNNEX Corp | 2.70% |
| M/I Homes Inc | 2.40% |
| Blue Bird Corp | 2.33% |
| Diebold Nixdorf Inc | 2.20% |
| Timberland Bancorp Inc/WA | 2.01% |
| Village Super Market Inc | 2.00% |
| IBEX Holdings Ltd | 1.99% |
| Interface Inc | 1.97% |
| PulteGroup Inc | 1.95% |
| Unity Bancorp Inc | 1.82% |
RVVRX Portfolio Allocation
Asset-class allocation of Royce Small-Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 1.1% |
RVVRX Performance
Total returns for RVVRX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.7% |
| 3 years (annualised) | 21.9% |
RVVRX Risk Information
Risk metrics for RVVRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.2%
RVVRX Costs and Fees
RVVRX costs about $199 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.99%
- Gross expense ratio: 2.03%
- Portfolio turnover: 51%
- Brokerage commissions: 13.45 bps of average net assets (SEC N-CEN)
RVVRX Cashflows
Over the 12 months to 2026-06, Royce Small-Cap Value Fund had net outflows of $4.34M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.07M |
| 2026-05 | −$353.35K |
| 2026-04 | −$699.58K |
| 2026-03 | −$707.09K |
| 2026-02 | −$905.05K |
| 2026-01 | −$840.61K |
RVVRX Debt Constituents
No individual debt constituents are reported in Royce Small-Cap Value Fund's latest SEC N-PORT filing.
RVVRX Prospectus and SEC Filings
Official Royce Small-Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-11
- Portfolio holdings (N-PORT) — filed 2026-05-21
- Portfolio holdings (N-PORT) — filed 2026-02-12
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-06
Related Funds
Other United States Small Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.