Royce Global Trust, Inc. - RGT STOCK NEWS

Welcome to our dedicated page for Royce Global Trust news (Ticker: RGT), a resource for investors and traders seeking the latest updates and insights on Royce Global Trust stock.

Royce Global Trust, Inc. (NYSE: RGT) is a diversified closed-end management investment company, dedicated to delivering value through strategic investments in small to mid-cap stocks. With a rich history of investing in micro, small, and mid-cap stocks, Royce Global Trust, Inc. is a subsidiary of Royce & Associates, renowned for its expert knowledge in small-cap investments. The company operates with a clear mission to meet a variety of investors' goals through distinct investment approaches, providing unparalleled expertise in its field.

Royce Global Trust, Inc. invests across various sectors including information technology, consumer discretionary, health care, materials, consumer staples, and energy. This diversified approach helps in mitigating sector-specific risks and adds stability to the portfolio. Geographically, the fund spreads its investments across several regions such as the United Kingdom, Japan, the United States, Canada, France, Hong Kong, and Germany, ensuring global exposure and growth opportunities.

As of the latest update, Royce Global Trust, Inc. declared a year-end distribution of $0.15 per share on its Common Stock, payable either in additional shares or in cash depending on the stockholder's choice. This distribution reflects the company's commitment to providing returns to its shareholders while maintaining a flexible approach to suit different investor preferences.

Financially, Royce Global Trust, Inc. continues to demonstrate resilience and consistent performance. The fund’s strategy of focusing on small-cap stocks, while riskier compared to larger-cap stocks, has historically provided substantial growth opportunities for investors willing to embrace a higher risk-reward trade-off. Important disclosures regarding the risks associated with these investments are detailed in the company’s prospectus, which is readily available to potential investors.

One of the distinguishing features of Royce Global Trust, Inc. is its strategic partnerships and collaborations that enhance its market position and investment capabilities. The fund leverages its relationships with established entities to maximize shareholder value, ensuring robust portfolio management and growth.

Overall, Royce Global Trust, Inc. represents a valuable investment opportunity for those looking to diversify their portfolios with small to mid-cap stocks. The company's strong governance, strategic international presence, and diversified sector investments make it a compelling choice for savvy investors seeking long-term growth potential.

04/26/2024 02:39 PM

News

Royce Global Value Trust (NYSE: RGT) as of Mar 31, 2024

Rhea-AI Summary

Royce Global Value Trust (NYSE: RGT) is a closed-end fund that invests in global equities using a disciplined value approach. With an average weekly trading volume of approximately 52,473 shares and the adviser boasting over 50 years of small- and micro-cap investment experience, the fund aims for long-term growth of capital. As of March 31, 2024, the fund's NAV was $12.62 and MKT was $10.69. Performance highlights include an average annual total return for the year to date at 7.68% NAV and 9.64% MKT, with variations across different time frames. The portfolio is primarily invested in small-cap and mid-cap companies, with a diversified approach that does not guarantee profits or prevent losses. Foreign securities also play a role in the fund's investments, adding political, economic, currency, and other risks to the mix.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

2.08%

Tags

03/28/2024 03:20 PM

News

Royce Global Value Trust (NYSE: RGT) as of Feb 29, 2024

Rhea-AI Summary

Royce Global Value Trust, Inc. is a closed-end fund investing in global equities with a disciplined value approach, managed by Royce & Associates, LP. The fund's adviser has over 50 years of small- and micro-cap investment experience. As of 02/29/24, the NAV was $11.98 and the MKT was $10.59. The average annual total return varies from 4.26% to 14.44% over different periods. The portfolio has an average market cap of $2010.0M, with a weighted average P/E of 21.8x and P/B of 2.6x. The fund's top sectors include Industrials, Financials, and Information Technology. Royce Global Value Trust aims for long-term capital growth, investing primarily in equity securities outside the US.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.56%

Tags

02/26/2024 05:05 PM

News

Royce Global Value Trust (NYSE: RGT) as of Jan 31, 2024

Rhea-AI Summary

Royce Global Value Trust, Inc., a closed-end fund investing in global equities with a disciplined value approach, presents its performance data as of January 31, 2024. The fund's adviser boasts over 50 years of small- and micro-cap investment experience. The fund's NAV stands at 11.49, while the market price is 9.96. The average annual total return as of 01/31/24 shows varying percentages over different periods. The portfolio primarily focuses on small-cap and mid-cap companies, with a diversified structure. The fund aims for long-term capital growth, with investments in equity securities globally.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

01/29/2024 02:36 PM

News

Royce Global Value Trust (NYSE: RGT) as of Dec 31, 2023

Rhea-AI Summary

Royce Global Value Trust is a closed-end fund that invests in global equities using a disciplined value approach. The fund's adviser has over 50 years of small- and micro-cap investment experience. The average weekly trading volume is approximately 159,168 shares. As of 12/31/23, the net asset value (NAV) is 11.72, and the market price (MKT) is 9.75. The average annual total return as of 12/31/23 is 16.15% for NAV and 14.50% for MKT over one year. However, the three-year and five-year returns are negative. The fund invests primarily in securities of small-cap and mid-cap companies, which involve more risk than investing in larger-cap companies. The average market cap is $2005.9M, with weighted average P/E of 21.5x and weighted average P/B of 2.5x. The fund's net assets are $74.6M with net leverage of 2.6%. The top five sectors include industrials, financials, information technology, materials, and consumer discretionary. The fund's recent developments focus on long-term growth of capital and investing in equity securities of companies located in at least three countries outside of the United States.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.1%

Tags

12/28/2023 02:17 PM

News

Royce Global Value Trust (NYSE: RGT) as of Nov 30, 2023

Rhea-AI Summary

Royce Global Value Trust (NYSE: RGT) is a closed-end fund that invests in global equities using a disciplined value approach. The fund's adviser has over 50 years of small- and micro-cap investment experience. As of 11/30/23, the NAV was 10.93 and the MKT was 9.21. The average annual total return as of 11/30/23 ranged from 10.63% to -5.05% over different time periods. The fund primarily invests in small-cap and mid-cap companies, with an average market cap of $1839.6M and net assets of $68.9M. The top 5 sectors in the portfolio include Industrials, Financials, Information Technology, Materials, and Consumer Discretionary.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.41%

Tags

12/01/2023 01:05 PM

News

Royce Global Value Trust, Inc. (NYSE-RGT) declares Year-end Common Stock Distribution of $0.15 Per Share

Rhea-AI Summary

Royce Global Value Trust, Inc. (NYSE-RGT) has declared a year-end distribution of $0.15 per share on its Common Stock, payable on December 22, 2023. The distribution can be received in additional shares of Common Stock or in cash by specific stockholder election. The estimated sources of the distribution are as follows: $0.00 (0%) from net investment income, $0.0731 (49%) from net realized short-term gains, $0.0769 (51%) from net realized long-term gains, and $0.00 (0%) from return of capital.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.33%

Tags

11/27/2023 02:08 PM

News

Royce Global Value Trust (NYSE: RGT) as of Oct 31, 2023

Rhea-AI Summary

Royce Global Value Trust (RGT) is a closed-end fund investing in global equities with a disciplined value approach. The fund's adviser has over 40 years of small- and micro-cap investment experience. As of 10/31/23, the NAV was 9.88, and the MKT was 8.05. The average annual total return as of 10/31/23 showed a one-year return of -0.01% for NAV and -7.12% for MKT. The fund primarily invests in small-cap and mid-cap companies, with an average market cap of $1641.0M and net assets of $62.4M. The top five sectors include Industrials, Financials, Information Technology, Consumer Discretionary, and Materials. Royce Global Value Trust aims for long-term capital growth and invests at least 80% of its net assets in equity securities, with at least 65% in companies located outside the US.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.22%

Tags

10/30/2023 03:15 PM

News

Royce Global Value Trust (NYSE: RGT) as of Sep 30, 2023

Rhea-AI Summary

Royce Global Value Trust, a closed-end fund that invests in global equities using a disciplined value approach, reported an average weekly trading volume of approximately 29,759 shares. The fund's adviser has over 40 years of small- and micro-cap investment experience. The fund's NAV as of 09/30/23 was $10.60, while the MKT was $8.71. The fund's average annual total return as of 09/30/23 was -4.76% for NAV and -4.91% for MKT.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.52%

Tags

10/03/2023 03:00 PM

News

Royce Global Value Trust (NYSE: RGT) as of Aug 31, 2023

Rhea-AI Summary

A closed-end fund that invests in global equities using a disciplined value approach. Average weekly trading volume of approximately 45,622 shares. One-Month NAV return is -1.50%, MKT return is -2.66%. Year to Date NAV return is 8.59%, MKT return is 5.90%. The Fund's adviser has more than 40 years of small- and micro-cap investment experience. The Fund invests primarily in securities of small-cap and mid-cap companies. Average Market Cap is $1805.9M. Net Assets is $70.2M. Top 10 positions include Vistry Group, EVI Industries, APi Group, Transcat, and SEI Investments. Top 5 sectors include Industrials, Financials, Information Technology, Consumer Discretionary, and Materials.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-1.97%

Tags

08/28/2023 03:08 PM

News

Royce Global Value Trust (NYSE: RGT) as of Jul 31, 2023

Rhea-AI Summary

Royce Global Value Trust invests in global equities using a disciplined value approach. The fund's adviser has over 40 years of small- and micro-cap investment experience. NAV as of 07/31/23 is $11.30. Important performance information shows positive returns for the one-month, year-to-date, three-year, five-year, and since inception periods. The fund primarily invests in small-cap and mid-cap companies, which may involve more risk. The portfolio has an average market cap of $1850.1M and a weighted average P/E of 21.5x. Net assets are $71.4M with a net leverage of 5.1%. Top 10 positions include Vistry Group, EVI Industries, and APi Group. Top five sectors are Industrials, Financials, Information Technology, Consumer Discretionary, and Materials. Royce Global Value Trust aims for long-term growth of capital and invests in equity securities of companies located in at least three countries outside of the United States.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.78%

Tags

FAQ

What is the current stock price of Royce Global Trust (RGT)?

The current stock price of Royce Global Trust (RGT) is $10.9 as of January 28, 2025.

What is the market cap of Royce Global Trust (RGT)?

The market cap of Royce Global Trust (RGT) is approximately 68.8M.

What does Royce Global Trust, Inc. do?

Royce Global Trust, Inc. is a diversified closed-end investment company specializing in small to mid-cap stocks across various sectors and regions.

Where does Royce Global Trust, Inc. invest?

The company invests in sectors like information technology, consumer discretionary, health care, materials, consumer staples, and energy across regions including the UK, Japan, the US, Canada, France, Hong Kong, and Germany.

What recent achievements has Royce Global Trust, Inc. made?

Royce Global Trust, Inc. recently declared a year-end distribution of $0.15 per share on its Common Stock, reflecting its commitment to shareholder returns.

What are the risks associated with investing in Royce Global Trust, Inc.?

Investing in Royce Global Trust, Inc. involves risks associated with micro, small, and mid-cap stocks, which can be more volatile than larger-cap stocks.

How does Royce Global Trust, Inc. provide returns to its shareholders?

The company provides returns through strategic investments and periodic distributions, like the recent $0.15 per share year-end distribution.

What is the financial strategy of Royce Global Trust, Inc.?

The financial strategy focuses on diversified investments in small to mid-cap stocks, aiming for long-term growth and stability.

Is Royce Global Trust, Inc. a good investment for risk-averse investors?

While Royce Global Trust, Inc. offers potential growth, it may not be suitable for risk-averse investors due to the higher risk associated with small-cap stocks.

How can I get more information about Royce Global Trust, Inc.?

You can obtain more information by visiting the company’s website or referring to the prospectus available online or by calling their customer service.

What is the role of Royce & Associates in Royce Global Trust, Inc.?

Royce & Associates is the investment adviser to Royce Global Trust, Inc., providing expert guidance and strategy for the fund’s investments.

What are the benefits of investing in Royce Global Trust, Inc.?

Investing in Royce Global Trust, Inc. offers diversification, expert management, and exposure to growth opportunities in small to mid-cap stocks globally.