NEW YORK, Oct. 21, 2019 /PRNewswire/ -- Mark Rayner has been elevated to portfolio
management leadership for Royce International Premier Fund,
effective October 21, 2019.
Mark has been a portfolio manager on the Fund for the past five
years and a Senior Analyst on the Fund since inception. He has been
at Royce researching international small-cap companies for 13
years, and has 33 years of industry experience.
Mark will be supported with company research and analysis by
Jim Harvey. Jim has been researching
international small-cap companies for more than 10 years, has been
at Royce for 21 years, and currently works on Royce Global Value
Trust, a global closed-end fund that invests in a broadly
diversified portfolio of both U.S. and non-U.S. small-cap stocks.
Mark is also supported on the Fund by John
Protos, Director of Strategic Research, who provides
extensive diligence researching the management teams and
operational issues particularly for potential new investments. John
has been at Royce for 13 years and has 25 years of professional
experience.
Royce International Premier's approach of investing in a limited
number of high-quality "premier" small-caps originated with
Chuck Royce with the launch of Royce
Premier Fund in 1991. Over the nearly thirty years of investing in
high quality small-cap companies, the firm's investment
professionals have developed expertise in analyzing business
models, understanding industry ecosystems, and evaluating corporate
governance. The International Premier team, which has adapted these
high-quality investing principles to international small-caps, has
the benefit of being able to draw on the experience of their U.S.
focused colleagues.
David Nadel, formerly portfolio
manager, is no longer with the firm and is pursuing other
opportunities.
An investor should carefully consider the investment objective,
risks, fees, charges, and expenses of Royce International Premier
Fund 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, LLC.
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 45 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.
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SOURCE Royce & Associates, LP