NEW YORK, March 27, 2017 /PRNewswire/ -- The Royce Fund's Board of Trustees has approved a plan of liquidation for Royce International Small-Cap Fund, to be effective on May 1, 2017. The Fund is being liquidated primarily because it has not attracted and maintained assets at a sufficient level for it to be viable.
As of March 2, 2017, the Fund was no longer offering its shares for purchase and was not accepting any investments in the Fund.
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.
Royce International Small-Cap Fund
Investment Class: RISNX, 780811691
Service Class: RYGSX, 780905139
Institutional Class: RISIX, 780811683
About Royce & Associates, LP: For more than 40 years Royce & Associates, LP, investment adviser to The Royce Funds, has used a disciplined, bottom-up approach to select micro-cap, small-cap, and/or 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, LP is a subsidiary of Legg Mason Inc. (NYSE: LM). Royce Fund Services, Inc., the Fund's distributor, is a member of FINRA and the SIPC.
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SOURCE The Royce Funds