The Royce Fund's Board of Trustees has Approved a Plan of Liquidation for Five Funds
NEW YORK, March 13, 2015 /PRNewswire/ -- The Royce Fund's Board of Trustees has approved a plan of liquidation for Royce Select Fund II, Enterprise Select, SMid-Cap Value, Partners, and Global Dividend Value Funds, to be effective on April 23, 2015. The Funds are being liquidated primarily because they have not attracted and maintained assets at a sufficient level to be viable. Distributions from Royce Enterprise Select, SMid-Cap Value, and Partners Funds are being paid on March 13, 2015 to shareholders of record on March 12, 2015. Royce Select Fund II and Royce Global Dividend Value Funds will not have distributions.
Following close of business on February 26, 2015, the Funds were no longer offering their respective shares for purchase and were not accepting any investments.
FINAL DISTRIBUTIONS
In advance of the Funds' scheduled liquidations on April 23, 2015, Royce Enterprise Select, SMid-Cap Value, and Partners Funds have declared their respective final 2015 distributions.
| FUND NAME |
CLASS |
TICKER SYMBOL |
CUSIP |
RECORD DATE |
EX-DATE |
PAYABLE DATE |
INCOME |
S/T GAINS |
L/T GAINS |
TOTAL |
| Royce Enterprise Select Fund |
Investment |
RMISX |
780 905 147 |
3/12/15 |
3/13/15 |
3/13/15 |
$0.00 |
$0.2026 |
$1.0107 |
$1.2133 |
| Royce SMid-Cap Value Fund |
Service |
RMVSX |
780 905 154 |
3/12/15 |
3/13/15 |
3/13/15 |
$0.0066 |
$0.00 |
$0.00 |
$0.0066 |
| Royce Partners Fund |
Service |
RPTRX |
780 811 840 |
3/12/15 |
3/13/15 |
3/13/15 |
$0.0135 |
$0.00 |
$3.1056 |
$3.1191 |
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 & 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.
Contact: Dave Gruber, (800) 562-0880
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SOURCE The Royce Funds
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