https://www.sec.gov/Archives/edgar/data/709364/000094937717000066/ris-isi497.htm497 1 ris-isi497.htm
The Royce Fund
Supplement to the Investment, Service, and Institutional Class Shares Prospectus Dated May 1, 2017
Royce International Small-Cap Fund
The Royce Fund’s Board of Trustees approved a plan of liquidation for Royce International Small-Cap Fund, to be effective on May 1, 2017. The Fund is being liquidated primarily because it has not attracted and maintained assets at a sufficient level for it to be viable. As of March 2, 2017, the Fund was no longer offering its shares for purchase and was not accepting any investments in the Fund.
March 27, 2017
RIS-SUPP-CLOSE