Charles Royce

Tweet about this on TwitterShare on FacebookShare on Google+Share on LinkedIn

Chuck Royce

Charles Royce’s Bio is from RoyceFunds.com

Charles M. Royce is President and Co-Chief Investment Officer of Royce & Associates, LLC and President of The Royce Funds, a position he has held since 1972.

Mr. Royce serves as Portfolio Manager of Royce Pennsylvania Mutual FundRoyce Total Return FundRoyce Heritage FundRoyce 100 Fund,Royce Financial Services FundRoyce European Smaller-Companies FundRoyce Partners Fund and Royce International-Smaller Companies Fund, as well as two of the firm’s closed-end portfolios, Royce Value Trust and Royce Micro-Cap Trust. He co-manages Royce Premier Fund with Whitney GeorgeRoyce Dividend Value Fund with Jay Kaplan and Royce SMid-Cap Value Fund with Steven McBoyle. He is an Assistant Portfolio Manager onRoyce Select Fund I with Lauren RomeoRoyce Select Fund II withJames Harvey and Royce SMid-Cap Select Fund with Steven McBoyle. He has 47 years of investment experience, with 37 years as a smaller-company value portfolio manager.

Prior to 1972, Mr. Royce served as the Director of Research at Scheinman, Hochstin, Trotta, and as a security analyst at Blair & Co. He received a bachelor’s degree from Brown University and earned a Master of Business Administration degree from Columbia University.

I will focus on the flagship fund the Royce Pennsylvania Mutual fund, since Charles Royce manages many funds at the Royce Funds, and it would be too much information for this page.

Charles Royce is portfolio manager at Royce Pennsylvania Mutual Fund (PMF), which seeks long-term growth by investing primarily in small-cap and micro-cap companies, those with market capitalizations up to $2.5 billion, using a disciplined value approach. We believe that investors in the Fund should have a long-term investment horizon of at least three years.

The fund has far outperformed the Index (Rusell 2000) in every single short and long term time frame.

Performance

Average Annual Total Returns

As of Quarter-End 12/31/09

4Q* YTD* 1YR 3YR
PENNX 4.16% 36.28% 36.28% -2.98%
Russell 2000 3.87% 27.17% 27.17% -6.07%
5YR 10YR 15YR 20YR
PENNX 3.35% 9.73% 10.83% 10.21%
Russell 2000 0.51% 3.51% 7.73% 8.34%
25YR 30YR 35YR
PENNX 11.30% 12.64% 16.79%
Russell 2000 9.24% 10.37% N/A

PENNX vs Russell 2000

There is a lot more information on the fund; however, I am going to focus on Charles Royce.

To see more information on the Royce funds please visit their website.

Articles about Charles Royce

2010

Gurus Charlie Dreifus, Bruce Berkowitz And Donald Yacktman Nominated For Morningstar’s Domestic Equity Fund Manager Of The Decade

2009

Unknown Mutual-Fund Firm Beats Everyone

Royce likes precious metals; shy of financials

Hunting for Value With Royce

2008

Let Royce Do Your Small-Cap Digging

2007

The Short Sell Made Simple

2006

Phelps Dodge, Goldman Are in Purloined Portfolio: John Dorfman

The best stocks to buy now

2004

Not Much Dazzle for Kids Funds

2002

Should You Open Up to Closed-End Funds?

Bear Market Winners

1999

Fund manager Royce simply isn’t afraid of bears .

1998

Chuck Royce’s Counsel On Small-Caps–Be Patient

1997

MUTUAL FUNDS; Fund-Filled Holiday Shopping For Kids

1996

GOING FOR THE GREEN IN THE PINK SHEETS

12 DEADLY FUND MYTHS–AND HOW TO PROFIT FROM THEM LIKE …

1995

The Growing Interest In Growth Stocks

1994

The 9 Best Funds You Can Buy Today Of the 3,095 mutual funds in our performance report, these nine — plus 21 runners-up — are rated tops for today’s stock and bond markets.

1993

12 Stock Funds Set to Score in ’94 Investing will be no Sunday in the park next year, but these picks can blossom anyway.

1992

POOF! WALL STREET’S SORCERERS LOSE THEIR MAGIC


Videos of Charles Royce

There was no embed code but follow the link for Many More Charles Royce Interview

Copyright © 2014 Valuewalk.com

Developed by Wordpress Junction