Royce Small-Cap Trust: Chuck Royce to become Senior Advisor effective September 30, 2024
Chuck Royce, founder of Royce Investment Partners, will move to a Senior Advisor role on September 30, 2024, ending his day-to-day portfolio management duties. Francis Gannon will join the portfolio management team of Royce Small-Cap Trust (formerly Royce Value Trust) at the same time, per the July 15, 2024 press release attached to the filing.
Key points
- Chuck Royce becomes Senior Advisor effective September 30, 2024
- Francis Gannon joins the Royce Small-Cap Trust portfolio management team, alongside Lauren Romeo, Steven McBoyle, Andrew Palen and George Necakov
- Royce Investment Partners reports adding 15 investment professionals over the last five years
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 17, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.