Shareholders Approve Plan to Combine Royce Select Fund I with Royce 100 Fund

NEW YORK, July 28, 2015 /PRNewswire/ -- Shareholders of Royce Select Fund I approved a reorganization plan that will combine that fund with Royce 100 Fund.  It is currently expected that the reorganization will be completed in August of 2015.

As part of the reorganization, all of the assets and liabilities of Royce Select Fund I will be exchanged for shares of Royce 100 Fund, with Royce Select Fund I shareholders becoming shareholders of Royce 100 Fund.  The Royce 100 Fund shares to be received by Royce Select Fund I shareholders in the reorganization will be equal in value to the Royce Select Fund I shares held by such shareholders immediately prior to the reorganization.  No sales charges or redemption fees will be imposed in connection with the reorganization.

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 100 Fund
The investment objective of Royce 100 Fund is to seek long-term growth of capital.  Royce 100 Fund uses a disciplined value investment approach to invest in a limited number (generally less than 100) of small- and mid-cap companies with stock market capitalizations up to $5 billion. Lauren A. Romeo and Charles M. Royce serve as the lead portfolio manager and portfolio manager, respectively, for Royce 100 Fund.

An investor should carefully consider Royce 100 Fund's investment objective, risks, fees, 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. Distributor: Royce Fund Services, Inc.

Royce Select Fund I
Investment Class: RYSFX, 780905766

Royce 100 Fund
Investment Class: ROHHX, 780905196
Service Class: RYOHX, 780905519
R Class: ROHRX, 780811204
K Class: ROHKX, 780811865

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SOURCE The Royce Funds