Description

This fund's main goal is to generate significant capital appreciation for investors over an extended timeframe. Its investment adviser primarily allocates the fund's resources to the stocks of companies that Royce believes demonstrate promising potential for superior growth. These chosen businesses typically possess market valuations not exceeding $7.5 billion. As a standard practice, at least four-fifths (80%) of the fund's total assets are dedicated to equity holdings of enterprises within this specific market capitalization range. While the fund generally focuses on securities issued by U.S.-based companies, it does have the flexibility to commit up to a quarter (25%) of its net assets to businesses headquartered in other nations, with this allocation measured at the time of investment.