Closing Date for Reorganization of Royce European Small-Cap and Royce Global Value Funds into Royce International Premier Fund and Details Regarding Final Distributions for Royce European Small-Cap and Royce Global Value Funds.

Feb 24, 2016, 15:49 ET from The Royce Funds

NEW YORK, Feb. 24, 2016 /PRNewswire/ -- The completion of the reorganization plan to combine Royce European Small-Cap and Royce Global Value Funds into Royce International Premier Fund will take place after the close of business on the New York Stock Exchange (the "NYSE") on Friday, February 26, 2016. 

As part of the reorganization, all of the assets and liabilities of Royce European Small-Cap and Royce Global Value Funds will be exchanged for shares of Royce International Premier Fund, with all values being determined as of the closing of the NYSE (generally 4:00pm) on Friday, February 26.  Upon completion of the reorganization, Royce European Small-Cap and Royce Global Value Fund shareholders will become shareholders of Royce International Premier Fund. No sales charges or redemption fees will be imposed in connection with the reorganization.

In advance of the completion of the reorganization, both Royce European Small-Cap and Royce Global Value Funds declared their respective final distributions for 2016:

 

FUND AND CLASS

TICKER  SYMBOL

CUSIP

RECORD DATE

EX-DATE

PAYABLE

DATE

INCOME

L/T GAINS  

S/T GAINS

TOTAL

Royce European Small-Cap










Investment Class

RESNX

780811675

2/23/16

2/24/16

2/24/16

$0.0157

$0.00

$0.00

$0.0157

Service Class

RISCX

780905311

2/23/16

2/24/16

2/24/16

$0.0000

$0.00

$0.00

$0.0000











Royce Global Value Fund










Investment Class

RGVIX

780811824

2/23/16

2/24/16

2/24/16

$0.1200

$0.00

$0.00

$0.1200

Service Class

RIVFX

780905329

2/23/16

2/24/16

2/24/16

$0.0776

$0.00

$0.00

$0.0776

Consultant Class

RGVHX

780811766

2/23/16

2/24/16

2/24/16

$0.0000

$0.00

$0.00

$0.0000

R Class

RGVRX

780811741

2/23/16

2/24/16

2/24/16

$0.0000

$0.00

$0.00

$0.0000

K Class

RGVKX

780811758

2/23/16

2/24/16

2/24/16

$0.0922

$0.00

$0.00

$0.0922

 

If you have any questions regarding this release, please call Investor Services at 1-800-221-4268.  For further information on The Royce Funds, please visit our website at www.roycefunds.com.

About Royce International Premier Fund—The Fund seeks long-term growth of capital and generally uses a bottom-up, disciplined value approach to invest in a limited number of small-cap companies headquartered outside of the United States. Royce & Associates, LLC looks for companies trading below its estimate of their current worth that it considers "premier"–those that have strong balance sheets, other business strengths, and/or strong business prospects. David A. Nadel manages International Premier and is assisted by Mark Rayner.

About Royce & Associates, LLC: For more than 40 years Royce & Associates, LLC, investment adviser to The Royce Funds, has used a disciplined, value-oriented approach to select micro-cap, small-cap, and mid-cap companies. We have a seasoned staff of investment professionals, most with more than 15 years of experience. Chuck Royce, the firm's founder and a pioneer of small-cap investing, enjoys one of the longest tenures of any mutual fund manager. Royce & Associates, LLC is a wholly owned affiliate of Legg Mason Inc. (NYSE: LM). Royce Fund Services, Inc., the Fund's distributor, is a member of FINRA and the SIPC.

Important Disclosure Information  An investor should carefully consider Royce International Premier Fund's investment objective, risks, charges and expenses before investing or sending money. This and other important information about The Royce Funds can be found in the Funds' prospectus. To obtain a prospectus, and information about The Royce Funds, please call (800) 221-4268 or visit www.roycefunds.com. Please read the prospectus carefully before investing.

Royce European Small-Cap Fund  Investment Class: RESNX, 780811675  Service Class: RISCX, 780905311

Royce Global Value Fund  Investment Class: RGVIX, 780811824   Service Class: RIVFX, 780905329  Consultant Class: RGVHX, 780811766  R Class: RGVRX, 780811741  K Class: RGVKX, 780811758

Royce International Premier Fund   Investment Class: RIPNX, 780811667  Service Class: RYIPX, 780811790

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SOURCE The Royce Funds



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