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Royce Small-Cap Special Equity Fund

RYSEX · NASDAQ

Market closed$17.72$-0.170000 (-0.95%)

Key statistics

Previous close$17.89
Open$17.72
Day high$17.72
Day low$17.72
52-week high$17.89
52-week low$14.03
Market cap1.15B
Volume—
Average volume—
P/E ratio14.63
Forward P/E—
EPS1.21
Dividend yield0.00%

Market context

Why it moved

RYSEX edged lower amid thin trading volume and broad market pressure, with no specific catalyst identified as the available news does not appear directly related to the stock.

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What is happening

Recent company-specific developments and publisher coverage.

July 16, 2026Royce Small-Cap Special Equity Fund surged to a 52-week high, advancing alongside a broadly favorable backdrop for asset managers as the financial sector delivered blockbuster Q2 earnings. Major institutions — including Goldman Sachs, BNY, State Street, and Citizens Financial — posted record or beat-estimate results driven by surging trading revenue, investment banking fees, and rising asset values, with Finance sector Q2 earnings up over 30% year-over-year. Buoyant equity markets boosted AUM valuations industry-wide, a direct tailwind for small-cap-focused fund managers.

4.0721

July 14, 2026Royce Small-Cap Special Equity Fund closed essentially unchanged, edging up just 0.17% in a session dominated by broader financial sector crosscurrents. The fund's asset management peers navigated a complex backdrop: a cooler-than-expected June CPI reading boosted sentiment early in the day, while Wall Street banks including JPMorgan and Goldman Sachs posted blowout Q2 results driven by record dealmaking and trading revenue. However, Morningstar noted financial stocks remain the second-worst-performing sector over the past year, citing AI disruption concerns and cracks in private credit — headwinds particularly relevant to smaller, value-oriented equity funds like RYSEX.

0.1748

July 13, 2026Royce Small-Cap Special Equity Fund closed modestly higher as the financial services sector navigated a cautious macro backdrop marked by renewed U.S.-Iran tensions, surging oil prices, and anticipation of major bank Q2 earnings kicking off July 14. Morningstar flagged financial stocks as the second-worst-performing sector over the past year, citing AI disruption concerns and cracks in private credit, though analysts see indiscriminate selling as an opportunity. The fund's small-cap value-oriented strategy may benefit from expected second-half sector rotation away from mega-cap tech toward broader market segments.

1.1751

July 9, 2026Royce Small-Cap Special Equity Fund edged lower as the broader financial services sector navigated a cautious macro environment marked by renewed U.S.-Iran military exchanges that rattled equity markets and reignited inflation fears. With the S&P 500 trading near flat and Q2 bank earnings season set to kick off July 14th, small-cap value funds like Royce face a mixed backdrop: asset managers broadly saw Q1 earnings strength, but rising oil prices, climbing Treasury yields, and geopolitical uncertainty are weighing on risk appetite heading into the second half.

-0.7001

June 30, 2026Royce Small-Cap Special Equity Fund closed lower on the final trading session of the first half of 2026, with the broader financial services sector also slipping as Oppenheimer downgraded Goldman Sachs to Underperform and turned cautious on major U.S. banks, favoring alternative asset managers instead. Macro headwinds weighed on small-cap value-oriented funds, as elevated inflation (headline CPI at 4.1%), rising rate-hike expectations under Fed Chair Kevin Warsh, and ongoing U.S.-Iran geopolitical uncertainty clouded the outlook for interest rate-sensitive strategies like small-cap equity.

-1.7826

June 26, 2026Royce Small-Cap Special Equity Fund closed up 1.81%, touching a new 52-week high of $17.39, as the Financial Services sector held steady and small-cap value names found support from a broadly constructive macro backdrop. The Federal Reserve's annual stress tests, released June 24, confirmed resilience across the banking sector, bolstering sentiment toward financial-oriented funds. Meanwhile, improving conditions for regional banks — including a re-steepened yield curve, easing CRE concerns, and a supportive deregulatory trend — provided a favorable tailwind for the fund's small-cap holdings, even as tech-driven volatility and a hawkish Fed under Chair Kevin Warsh kept broader market sentiment cautious.

1.815

Pluang · July 1, 2026Royce Small-Cap Trust rated Buy for 2026 on str...Stock Titan · June 24, 2026Royce Small-Cap Trust posts $2.50B in net assetsfranklintempletonglobal.com · June 22, 2026US small-caps stay positive, micro-caps take the leadYahoo Finance Singapore · June 19, 2026Royce Small-Cap Trust, Inc. (NYSE-RVT) declares Second Quarter Common Stock Distribution of $0.31 Per Share

Peers

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