LM - Royce Special Equity Multi-Cap Fund to Close
NEW YORK, Jan. 23, 2019 /PRNewswire/ -- The Royce Fund's Board of Trustees has approved a plan of liquidation for Royce Special Equity Multi-Cap Fund, to be effective on February 25, 2019. The Fund is being liquidated primarily because it has not maintained assets at a sufficient level for it to be viable.
A distribution is being paid on January 23, 2019 to shareholders of record on January 22, 2019.
CLASS |
TICKER SYMBOL |
CUSIP |
RECORD DATE |
EX-DATE |
PAYABLE DATE |
INCOME |
S/T GAINS |
L/T GAINS |
TOTAL |
Investment |
RSMCX |
780811733 |
1/22/19 |
1/23/19 |
1/23/19 |
0.0000 |
0.0000 |
3.4340 |
3.4340 |
Service |
RSEMX |
780811774 |
1/22/19 |
1/23/19 |
1/23/19 |
0.0000 |
0.0000 |
3.4502 |
3.4502 |
Institutional |
RMUIX |
780811725 |
1/22/19 |
1/23/19 |
1/23/19 |
0.0088 |
0.0000 |
3.4144 |
3.4232 |
Consultant |
RSMLX |
780811659 |
1/22/19 |
1/23/19 |
1/23/19 |
0.0000 |
0.0000 |
2.2169 |
2.2169 |
As of December 17, 2018, the Fund was no longer offering its shares for purchase.
If you have any questions regarding this release, please call Investor Services at 1-800-221-4268. For more information on The Royce Funds, please visit our website at www.roycefunds.com.
About Royce & Associates, LP: Royce & Associates, LP, is a small-cap equity specialist offering distinct investment strategies with unique risk/return profiles designed to meet a variety of investors' needs. For more than 40 years, our strategies have focused on active, risk-conscious investing driven by deep, fundamental company research. Chuck Royce, the firm's founder and a pioneer of small-cap investing, enjoys one of the longest tenures in the industry. Royce & Associates, LP is a subsidiary of Legg Mason Inc. (NYSE: LM). Royce Fund Services, LLC, the Fund's distributor, is a member of FINRA and the SIPC.
SOURCE Royce & Associates, LP