Royce Small-Cap Fund Q4 2024 Commentary

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syahrir maulana Performance Review Royce Small-Cap Fund declined 1.8% for the quarter, lagging its benchmark, Russell 2000 Index, which was up 0.3% for the same period.

The portfolio lagged the Russell 2000 Index for the year-to-date period ended 12/31/24, up 7.1% versus 11.5%.



The portfolio outperformed its benchmark.