Royce Small-Cap Total Return's still-new lead manager has reinvigorated its old process, helping it earn a Morningstar Analyst Rating upgrade to Bronze from Neutral for all but one share class.
Morningstar’s Fund Analysis RTRIX
Will RTRIX 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 RTRIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RTRIX 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 RTRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.