Seasoned managers and a cautious, conscientious approach overcome Royce Special Equity's unattractive fees, earning its cheaper share classes Morningstar Analyst Ratings of Bronze and its more expensive one Neutral.
Will RSEFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RSEFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RSEFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RSEFX’s parent organization’s priorities and whether they’re in line with investors’ interests.