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Royce Heritage Svc (RGFAX) Fund Ranking and Research

Ranking, Research and Recommendation of Royce Heritage Svc (RGFAX) Fund

    Last Trade: $15.00 on 3/22/2017, Change: +0.04 (0.27%)

 

Graph of Royce Heritage Svc Fund (RGFAX) ManagerFund Manager - Steven G. McBoyle

Fund Manager Information

Fund Manager Tenure: 5.9 years
Fund Family: Royce
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)
Honorable Mentioning: US News (2011),

 

Graph of Royce Heritage Svc Fund (RGFAX) ProfileRoyce Heritage Svc Fund (RGFAX) Profile

Fund Profile and Description

Royce Heritage Svc Fund seeks long-term growth of capital. Royce Heritage Svc Fund primarily invests in equity securities of micro-, small- and/or mid-cap companies with market capitalizations up to $10 billion. Royce Heritage Svc Fund normally invests at least 65% of assets in the equity securities. At least 75% of these securities are issued by micro-cap, small-cap and/or mid-cap companies. Although the fund normally focuses on the securities of U.S. companies, it may invest up to 25% of net assets in foreign securities.

 

Royce Heritage Svc (RGFAX) Fund Strength What we like about Royce Heritage Svc (RGFAX) Fund

Data for Royce Heritage Svc Fund (RGFAX) as of May 30, 2016

  • Royce Heritage Svc Fund (RGFAX) management has been with Royce Heritage Svc Fund for 5.9 years
  • Royce Heritage Svc Fund (RGFAX) has good short-term performance (1-year return -1.79% vs -5.73% Mid-Cap Growth category median performance)
  • Royce Heritage Svc Fund (RGFAX) ratio of up-years vs down years is greater than 2
  • Asset base in Royce Heritage Svc Fund (RGFAX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Royce Heritage Svc Fund (RGFAX) is less volatile than its peers as it has a 3-year Standard Deviation of 12.6, lower than category average of 13.49

Royce Heritage Svc Fund (RGFAX) Weakness What we are cautious about Royce Heritage Svc (RGFAX) Fund

Data for Royce Heritage Svc Fund (RGFAX) as of May 30, 2016

  • Royce Heritage Svc Fund (RGFAX) has a less-than-ideal mid-term performance (3-year return 3.87% vs 8.38% Mid-Cap Growth category median performance)
  • Royce Heritage Svc Fund (RGFAX) has a less-than-ideal Long-term performance (5-year return 3.79% vs 7.70% Mid-Cap Growth category median performance)
  • Royce Heritage Svc Fund (RGFAX) has a Morningstar rating of 3 and below
  • Royce Heritage Svc Fund (RGFAX) is less safe compared to its Mid-Cap Growth peers
  • Royce Heritage Svc Fund (RGFAX) has an annual stock turnover rate of 66.00% that is higher than the Mid-Cap Growth average of 50.96%. This could mean Royce Heritage Svc is more nimble, but also signal potential high tax impact and high trading fees
  • Royce Heritage Svc Fund (RGFAX) does not have a good risk adjusted return as its 3-year Alpha of -6.53 is worse than category average of -2.65, and its 3-year Sharpe ratio is 0.36
  • Royce Heritage Svc Fund (RGFAX) has a higher expense ratio of 1.35% than its Mid-Cap Growth average of 1.28%
  • Even though Royce Heritage Svc Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses
See Royce Heritage Svc Fund (RGFAX) performance details as of May 30, 2016

 

What do you think?

 

Compare Royce Heritage Svc Fund (RGFAX)Compare with other top Mid-Cap Growth category mutual funds

Aadditional top Mid-Cap Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Royce Heritage Svc7.71-1.793.873.79
Akre Focus Instl (AKRIX)3.591.8011.1515.02Compare
Baron Asset Instl (BARIX)1.54-1.9810.2810.08Compare
Bright Rock Mid Cap Growth Instl (BQMGX)8.534.539.875.79Compare

See top fund managers for Mid-Cap Growth Category Funds

 

Compare Royce Heritage Svc Fund (RGFAX)Compare with Mid-Cap Growth category ETFs

Some Mid-Cap Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)000
PowerShares Russell Midcap Pure Gr ETF (PXMG)-0.83%-6.85%5.24%
RevenueShares NavellierOverall A-100 ETF (RWV)1.16%-5.74%7.25%
iShares Morningstar Mid-Cap Growth (JKH)1.51%-5.25%9.06%
Vanguard Mid-Cap Growth ETF (VOT)3.05%-4.02%9.94%

 

Graph of Royce Heritage Svc Fund (RGFAX) Net Asset TrackingRoyce Heritage Svc (RGFAX) Fund Net Asset

Track net asset change of Royce Heritage Svc fund (RGFAX)

DateNet Asset
05/2016$236.32M
03/2016$232.89M
02/2016$217.27M
More historic net asset information on Royce Heritage Svc Fund (RGFAX)

  

Graph of Royce Heritage Svc Fund (RGFAX) Portfolio TrackingRoyce Heritage Svc (RGFAX) Fund Portfolio Allocation

Track portfolio allocation change of Royce Heritage Svc fund (RGFAX)

DateCashStockBondOther
03/20167.85%89.1%0%3.05%
12/201514.56%80.09%0%5.35%
09/20155.19%87.32%0%7.49%
Click here to see more historic asset allocation information on Royce Heritage Svc Fund (RGFAX)

 

graph of Royce Heritage Svc Fund (RGFAX) Top 10 Position TrackingTop 10 Holdings in Royce Heritage Svc (RGFAX) Fund

Discover what Royce Heritage Svc Fund (RGFAX) manager is buying

Mar 30, 2016
Copart, Inc. [2.51%]
LKQ Corporation [2.33%]
Alleghany Corporation Common St [2.29%]
Standard Motor Products, Inc. C [2.28%]
UGI Corporation Common Stock [2.22%]
Reliance Steel & Aluminum Co. C [2.15%]
Valmont Industries, Inc. Common [2.1%]
Thor Industries, Inc. Common St [2.08%]
Kennedy-Wilson Holdings Inc. Co [2.06%]
Signet Jewelers Limited Common [1.93%]

Dec 30, 2015
Copart, Inc. [1.87%]
Standard Motor Products, Inc. C [1.83%]
Drew Industries Incorporated Co [1.8%]
Westlake Chemical Corporation C [1.79%]
Kennedy-Wilson Holdings Inc. Co [1.79%]
UGI Corporation Common Stock [1.79%]
Reliance Steel & Aluminum Co. C [1.72%]
Alleghany Corporation Common St [1.7%]
Kirby Corporation Common Stock [1.68%]
ManpowerGroup Common Stock [1.66%]

Sep 29, 2015
UGI Corporation Common Stock [2.02%]
Westlake Chemical Corporation C [1.98%]
Standard Motor Products, Inc. C [1.95%]
Alleghany Corporation Common St [1.94%]
Kennedy-Wilson Holdings Inc. Co [1.91%]
ManpowerGroup Common Stock [1.88%]
Drew Industries Incorporated Co [1.88%]
Copart, Inc. [1.87%]
Reliance Steel & Aluminum Co. C [1.87%]
RITCHIE BROS AUCTIONEERS INC. [1.86%]
Click here for Stock Holding Change Map in Royce Heritage Svc Fund (RGFAX)

  

Latest News on Royce Heritage Svc (RGFAX) Fund

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Royce Heritage Svc Fund (RGFAX) Related ResourcesSee more information on Royce Heritage Svc (RGFAX) Fund

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