The Royce Funds liqudates five funds

TheShadow

http://www.sec.gov/Archives/edgar/data/709364/000094937715000150/e34001trf-497.htm

497 1 e34001trf-497.htm

The Royce Fund


Royce Select Fund II
Royce Enterprise Select Fund
Royce SMid-Cap Value Fund
Royce Partners Fund
Royce Global Dividend Value Fund

Supplement to the Prospectus dated May 1, 2014

The Royce Fund’s Board of Trustees recently approved a separate plan of liquidation for each Fund listed above. Each plan of liquidation will be effective on April 23, 2015. Each Fund listed above is being liquidated primarily because it has not attracted and maintained assets at a sufficient level for it to be viable. As of February 26, 2015, each Fund was no longer offering its shares for purchase and was not accepting any investments in the Fund.


March 13, 2015


5FUND-SUPP-CLOSE

Ted

@MFOMembers: That still leaves 22 open-ended funds, and four CEF for a shop that ranks #77 with 31Billion in AUM.
Regards,
Ted

Royce Website
https://www.roycefunds.com/news/2015/03/rs2-rss-rsv-ptr-rgd-liquidation

VintageFreak

Excessive Funditis was not cured. Funds taken down by virus. I wish Royce takes a vaccine. Oh but wait, Legg Mason owns them. Another 5 funds to come. Let's take a gander.

Royce Rising Rates Opportunity
Royce Inflated Protected securities
Royce Gold Trust
Royce Frontier Markets
Royce Global Macro allocation

Let's just wait till they hire the latest MBA with Marketting.

heezsafe

@VintageFreak re. Legg Mason--- oh, you can bet your bippy on that! (even though I have no idea what a "bippy" is)

BenWP

Check out re-runs of "Laugh In" to trace origin of "bippy."