NPORT-P false 0001006387 XXXXXXXX S000009497 C000033016 C000025977 ROYCE CAPITAL FUND 811-07537 0001006387 00000000000000000000 745 FIFTH AVENUE NEW YORK 10151 212-508-4500 Royce Capital Fund - Small-Cap Portfolio S000009497 254900NQQK01PV4NG288 2020-12-31 2020-03-31 N 177031095.01 499097.66 176531997.35 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 18250.29000000 UST Korn Ferry 549300FOD20OM0GT5G40 500643200 124407.00000000 NS USD 3025578.24000000 1.713897925259 Long EC CORP US N 1 N N N Saia Inc 549300WNPG4N9GBOYB29 78709Y105 15300.00000000 NS USD 1125162.00000000 0.637370004809 Long EC CORP US N 1 N N N MidWestOne Financial Group Inc N/A 598511103 53792.00000000 NS USD 1126404.48000000 0.638073831888 Long EC CORP US N 1 N N N DMC Global Inc 549300CBDXD1Z5MRNG02 23291C103 32306.00000000 NS USD 743361.06000000 0.421091400516 Long EC CORP US N 1 N N N Mayville Engineering Co Inc N/A 578605107 44623.00000000 NS USD 273538.99000000 0.154951506869 Long EC CORP US N 1 N N N American Eagle Outfitters Inc 5299001Z9HXK01DHW793 02553E106 313165.00000000 NS USD 2489661.75000000 1.410317555668 Long EC CORP US N 1 N N N Old Dominion Freight Line Inc 5299009TWK32WE417T96 679580100 10506.00000000 NS USD 1379017.56000000 0.781171448066 Long EC CORP US N 1 N N N City Holding Co N/A 177835105 39060.00000000 NS USD 2598661.80000000 1.472062764263 Long EC CORP US N 1 N N N Heidrick & Struggles International Inc 5493006284N2J367VB57 422819102 202061.00000000 NS USD 4546372.50000000 2.575381555892 Long EC CORP US N 1 N N N Catalyst Pharmaceuticals Inc 5299004O0R5XXLA5H544 14888U101 403200.00000000 NS USD 1552320.00000000 0.879342002188 Long EC CORP US N 1 N N Advanced Energy Industries Inc 549300756XI3QLFT2U27 007973100 20108.00000000 NS USD 975036.92000000 0.552328719233 Long EC CORP US N 1 N N N Robert Half International Inc 529900VPCUY9H3HLIC08 770323103 47564.00000000 NS USD 1795541.00000000 1.017119291093 Long EC CORP US N 1 N N N Evercore Inc 529900P6KLPT95DW3W58 29977A105 84200.00000000 NS USD 3878252.00000000 2.196911641072 Long EC CORP US N 1 N N N Gentex Corp 549300S3UD8XV1MN0287 371901109 42416.00000000 NS USD 939938.56000000 0.532446567256 Long EC CORP US N 1 N N N Commercial Vehicle Group Inc 5493006OG8I91X0K7Q22 202608105 516658.00000000 NS USD 780153.58000000 0.441933242534 Long EC CORP US N 1 N N N Rent-A-Center Inc/TX 529900QUHE15UQNCCJ63 76009N100 216160.00000000 NS USD 3056502.40000000 1.731415520065 Long EC CORP US N 1 N N N Shoe Carnival Inc N/A 824889109 132036.00000000 NS USD 2742387.72000000 1.553479120594 Long EC CORP US N 1 N N N Reinsurance Group of America Inc LORM1GNEU1DKEW527V90 759351604 28836.00000000 NS USD 2426261.04000000 1.374402984400 Long EC CORP US N 1 N N N Coherus Biosciences Inc 5493007IL8W5MV932D26 19249H103 54812.00000000 NS USD 889050.64000000 0.503620110430 Long EC CORP US N 1 N N N James River Group Holdings Ltd N/A 000000000 84735.00000000 NS USD 3070796.40000000 1.739512635724 Long EC CORP BM N 1 N N N Hackett Group Inc/The 5K016KLIRB6156644289 404609109 6700.00000000 NS USD 85224.00000000 0.048276800398 Long EC CORP US N 1 N N N CNB Financial Corp/PA 254900RUYUOKD91VNX69 126128107 137849.00000000 NS USD 2601210.63000000 1.473506598830 Long EC CORP US N 1 N N N Kulicke & Soffa Industries Inc 529900H6BEIRBF429744 501242101 141426.00000000 NS USD 2951560.62000000 1.671969197826 Long EC CORP US N 1 N N N OneWater Marine Inc N/A 68280L101 128900.00000000 NS USD 986085.00000000 0.558587120070 Long EC CORP US N 1 N N N Knoll Inc 549300R7T7KP3H4DHH46 498904200 30900.00000000 NS USD 318888.00000000 0.180640339874 Long EC CORP US N 1 N N N Solaris Oilfield Infrastructure Inc 529900MTK3C8Y8TIIC10 83418M103 132000.00000000 NS USD 693000.00000000 0.392563393833 Long EC CORP US N 1 N N N La-Z-Boy Inc 549300WNO1WMN9ZG2519 505336107 40386.00000000 NS USD 829932.30000000 0.470131371342 Long EC CORP US N 1 N N N Werner Enterprises Inc 549300P6XRGOCHHJST37 950755108 66739.00000000 NS USD 2419956.14000000 1.370831450573 Long EC CORP US N 1 N N N Bonanza Creek Energy Inc IIVIHPH28S64K95M2381 097793400 119608.00000000 NS USD 1345590.00000000 0.762235753404 Long EC CORP US N 1 N N N Ames National Corp N/A 031001100 143719.00000000 NS USD 2939053.55000000 1.664884323589 Long EC CORP US N 1 N N N PC Connection Inc 5299005WPRNIXDV2KM73 69318J100 121303.00000000 NS USD 4998896.63000000 2.831722693359 Long EC CORP US N 1 N N N Saga Communications Inc N/A 786598300 94777.00000000 NS USD 2607315.27000000 1.476964691466 Long EC CORP US N 1 N N N TrustCo Bank Corp NY N/A 898349105 483582.00000000 NS USD 2616178.62000000 1.481985509297 Long EC CORP US N 1 N N N Caleres Inc JFU6RQQJ8Z1CPOLBXQ18 129500104 182217.00000000 NS USD 947528.40000000 0.536745980458 Long EC CORP US N 1 N N N EnerSys 7ZS3DE5PN30BYUJFWP05 29275Y102 17287.00000000 NS USD 856052.24000000 0.484927521837 Long EC CORP US N 1 N N N Village Super Market Inc 25490069686XCNNEMQ07 927107409 38840.00000000 NS USD 954687.20000000 0.540801222628 Long EC CORP US N 1 N N N Kingstone Cos Inc N/A 496719105 178345.00000000 NS USD 911342.95000000 0.516248025106 Long EC CORP US N 1 N N N Landmark Bancorp Inc/Manhattan KS N/A 51504L107 41420.00000000 NS USD 844968.00000000 0.478648637461 Long EC CORP US N 1 N N N Alamo Group Inc 54930080C93RVZRSDV26 011311107 10807.00000000 NS USD 959445.46000000 0.543496632000 Long EC CORP US N 1 N N N Southern Missouri Bancorp Inc N/A 843380106 56467.00000000 NS USD 1370454.09000000 0.776320503122 Long EC CORP US N 1 N N N Dorchester Minerals LP 529900J537JTEZOMXG05 25820R105 32200.00000000 NS USD 299782.00000000 0.169817372771 Long EC CORP US N 1 N N N Vishay Intertechnology Inc 5493009O8F3QQJTCQR75 928298108 183699.00000000 NS USD 2647102.59000000 1.499502996474 Long EC CORP US N 1 N N N WSFS Financial Corp 549300SU7VQHD6QRG886 929328102 111500.00000000 NS USD 2778580.00000000 1.573980944933 Long EC CORP US N 1 N N N Ensign Group Inc/The 5493003K4HEEA8Q0BC72 29358P101 70214.00000000 NS USD 2640748.54000000 1.495903620670 Long EC CORP US N 1 N N N ArcBest Corp 5493006S3KBNE8ZS3J23 03937C105 153118.00000000 NS USD 2682627.36000000 1.519626696729 Long EC CORP US N 1 N N N Vectrus Inc N/A 92242T101 95507.00000000 NS USD 3954944.87000000 2.240355816151 Long EC CORP US N 1 N N N Penn Virginia Corp 5493003S4AVU6OSXB118 70788V102 111426.00000000 NS USD 344306.34000000 0.195039055337 Long EC CORP US N 1 N N Houlihan Lokey Inc 549300S3CNGTQ1QZVY46 441593100 61415.00000000 NS USD 3200949.80000000 1.813240572842 Long EC CORP US N 1 N N N Comfort Systems USA Inc 5299009DT1ZA5HTU6R38 199908104 83971.00000000 NS USD 3069140.05000000 1.738574363895 Long EC CORP US N 1 N N N Northrim BanCorp Inc 5493006X7RLLTZ3SG075 666762109 85481.00000000 NS USD 2307987.00000000 1.307404342921 Long EC CORP US N 1 N N N National Bankshares Inc 549300Q745S62Q6QNW78 634865109 104868.00000000 NS USD 3345289.20000000 1.895004446909 Long EC CORP US N 1 N N N Miller Industries Inc/TN 549300F1O74SPUJ7UU94 600551204 187351.00000000 NS USD 5298286.28000000 3.001317811804 Long EC CORP US N 1 N N N Herman Miller Inc U98HXD3PNK7HYU2MU887 600544100 28303.00000000 NS USD 628326.60000000 0.355927882441 Long EC CORP US N 1 N N N Plexus Corp 549300W7HCBI5YT25I79 729132100 2400.00000000 NS USD 130944.00000000 0.074175787939 Long EC CORP US N 1 N N N FIXED INC CLEARING CORP.REPO 549300H47WTHXPU08X20 000000000 12358000.00000000 PA USD 12358000.00000000 7.000430621933 Long RA CORP US N 2 Repurchase N 0.00000000 2020-04-01 12185000.00000000 USD 12605894.27000000 USD UST N N N Helmerich & Payne Inc 254900NAOGHJ88RZ4C73 423452101 56400.00000000 NS USD 882660.00000000 0.500000007505 Long EC CORP US N 1 N N N Hilton Grand Vacations Inc 549300O9K6MFD8D07574 43283X105 129709.00000000 NS USD 2045510.93000000 1.158719643297 Long EC CORP US N 1 N N N Timberland Bancorp Inc/WA N/A 887098101 79877.00000000 NS USD 1460950.33000000 0.827583866908 Long EC CORP US N 1 N N N Kimball International Inc 549300RYF7HKL9SKYG25 494274103 237582.00000000 NS USD 2829601.62000000 1.602883138737 Long EC CORP US N 1 N N N Universal Forest Products Inc 5493007KB485C9OV5572 913543104 2700.00000000 NS USD 100413.00000000 0.056880906298 Long EC CORP US N 1 N N N Federated Government Obligations Fund 254900VAJ9169N7JRF45 60934N807 67068.00000000 NS USD 67068.00000000 0.037991979361 Long STIV RF US N 1 N N Federal Signal Corp 549300RTXZRPTNP6G884 313855108 61222.00000000 NS USD 1670136.16000000 0.946081268592 Long EC CORP US N 1 N N N Moelis & Co 549300891QNU7VTQUR83 60786M105 129301.00000000 NS USD 3633358.10000000 2.058186705267 Long EC CORP US N 1 N N N Cheesecake Factory Inc/The 529900872XMLK10SY247 163072101 33000.00000000 NS USD 563640.00000000 0.319284893651 Long EC CORP US N 1 N N N PulteGroup Inc N/A 745867101 94350.00000000 NS USD 2105892.00000000 1.192923680472 Long EC CORP US N 1 N N N Magellan Aerospace Corp N/A 000000000 275700.00000000 NS 1275354.93000000 0.722449725344 Long EC CORP CA N 1 N N N Insight Enterprises Inc 529900S8991TYW6YP792 45765U103 101152.00000000 NS USD 4261533.76000000 2.414029084795 Long EC CORP US N 1 N N N Codorus Valley Bancorp Inc N/A 192025104 61843.00000000 NS USD 995672.30000000 0.564018033527 Long EC CORP US N 1 N N N Methode Electronics Inc 529900VM413LGLUS3F07 591520200 25722.00000000 NS USD 679832.46000000 0.385104383457 Long EC CORP US N 1 N N N Fabrinet 5493004TETZ6IYF7CV44 000000000 38902.00000000 NS USD 2122493.12000000 1.202327709345 Long EC CORP KY N 1 N N N MasterCraft Boat Holdings Inc 549300IXWX41555YJ117 57637H103 94300.00000000 NS USD 688390.00000000 0.389951969237 Long EC CORP US N 1 N N N Genworth MI Canada Inc 549300YDFEOS1DI1X211 000000000 112750.00000000 NS 2505288.50000000 1.419169633612 Long EC CORP CA N 1 N N N Meritor Inc 5LTG829X630QFHTFBO82 59001K100 112501.00000000 NS USD 1490638.25000000 0.844401169406 Long EC CORP US N 1 N N N MKS Instruments Inc 549300KEQATBHAGVF505 55306N104 13191.00000000 NS USD 1074406.95000000 0.608618814791 Long EC CORP US N 1 N N N G-III Apparel Group Ltd 529900O5KABM3R3SFM87 36237H101 146895.00000000 NS USD 1131091.50000000 0.640728885969 Long EC CORP US N 1 N N N Pzena Investment Management Inc 77FR8E97WY61TIP8ID10 74731Q103 90765.00000000 NS USD 404811.90000000 0.229313612306 Long EC CORP US N 1 N N N Unity Bancorp Inc 549300Q90ZRNUR65PL93 913290102 112954.00000000 NS USD 1321561.80000000 0.748624509912 Long EC CORP US N 1 N N N Resources Connection Inc N/A 76122Q105 136880.00000000 NS USD 1501573.60000000 0.850595712131 Long EC CORP US N 1 N N N ePlus Inc 529900FFY8AAFJ21NE91 294268107 7171.00000000 NS USD 449048.02000000 0.254372027021 Long EC CORP US N 1 N N N Sanmina Corp X5K24XLM8QYRXF00EB42 801056102 181393.00000000 NS USD 4948401.04000000 2.803118479529 Long EC CORP US N 1 N N N AMN Healthcare Services Inc 529900W3ARRTCNFH2I39 001744101 39709.00000000 NS USD 2295577.29000000 1.300374620159 Long EC CORP US N 1 N N N Kforce Inc 5493003RDQQDVXY2SK46 493732101 99896.00000000 NS USD 2554340.72000000 1.446956222296 Long EC CORP US N 1 N N N Financial Institutions Inc N/A 317585404 60182.00000000 NS USD 1091701.48000000 0.618415639310 Long EC CORP US N 1 N N N PENNANT GROUP INC/THE 5493007H2OYR6BYLDA64 70805E109 17857.00000000 NS USD 252855.12000000 0.143234724466 Long EC CORP US N 1 N N N Steven Madden Ltd 549300Z9GZ7GYJWSGF43 556269108 32606.00000000 NS USD 757437.38000000 0.429065207084 Long EC CORP US N 1 N N N BMC Stock Holdings Inc 549300GHSZDJ1FJEJG18 05591B109 161932.00000000 NS USD 2871054.36000000 1.626364853453 Long EC CORP US N 1 N N N Designer Brands Inc 549300X8J6FI8PPRK859 250565108 384066.00000000 NS USD 1912648.68000000 1.083457225155 Long EC CORP US N 1 N N N Supernus Pharmaceuticals Inc 549300GRM36VBKISYJ58 868459108 69000.00000000 NS USD 1241310.00000000 0.703164309379 Long EC CORP US N 1 N N N Camden National Corp 549300ZVEDL2L8UW4F28 133034108 87794.00000000 NS USD 2761121.30000000 1.564091123109 Long EC CORP US N 1 N N N Marcus & Millichap Inc 549300B2HE8ULXNB1N48 566324109 109319.00000000 NS USD 2962544.90000000 1.678191457906 Long EC CORP US N 1 N N N 2020-04-29 ROYCE CAPITAL FUND John Schwartz John Schwartz Associate General Counsel XXXX