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. (RGT) provides investors with specialized exposure to global small- and mid-cap equities through its diversified closed-end fund structure. This page serves as the definitive source for official announcements, financial updates, and strategic developments from the company and its management team at Royce & Associates.
Access real-time updates on portfolio adjustments, sector allocations, and risk management strategies across key industries including technology, health care, and consumer sectors. Investors will find essential information on international market positions, regulatory filings, and corporate governance updates.
Key content includes earnings reports, capital allocation decisions, and analysis of the fund's performance in volatile markets. All materials maintain strict compliance with financial disclosure standards, presented in clear language accessible to both professional and individual investors.
Bookmark this page for streamlined access to verified RGT developments. Combine these updates with the fund's published investment philosophy for informed decision-making regarding small-cap focused portfolio strategies.
Royce Global Trust (NYSE: RGT), a closed-end fund investing in global equities, reported its performance as of June 30, 2024. The fund's Net Asset Value (NAV) stood at $12.55, while its market price was $11.12. RGT showed strong year-to-date returns of 7.08% (NAV) and 14.05% (market price), with one-year returns of 16.63% and 22.25% respectively.
The fund primarily invests in small-cap and mid-cap companies, with an average market cap of $2203.8M. Its portfolio is diversified across sectors, with Industrials (36.4%), Financials (23.2%), and Information Technology (15.0%) being the top three. The fund's net assets totaled $79.8M with a net leverage of 3.6%.
RGT's investment goal is long-term capital growth, with at least 65% of its net assets invested in companies outside the United States. The fund is managed by Royce & Associates, LP, which has over 50 years of experience in small- and micro-cap investments.
The Royce Global Trust (NYSE: RGT) press release dated May 31, 2024, announces key performance metrics for the closed-end fund focused on global equities with a disciplined value approach.
As of May 31, 2024, the fund's net asset value (NAV) stands at $12.79, while its market price is $11.50. The average annual total return for the fund shows significant gains, with a one-year NAV return of 26.01% and a market return of 34.86%. The five-year and ten-year NAV returns are 8.60% and 6.16%, respectively.
The fund’s portfolio consists primarily of small-cap and mid-cap companies, with a significant portion invested in international equities. Top portfolio positions include Vistry Group and Transcat. The fund's top sectors are Industrials (36.4%) and Financials (23.0%).
The fund's advisor has over 50 years of experience in small- and micro-cap investments. The portfolio shows a weighted average P/E ratio of 22.4x and a weighted average P/B ratio of 2.7x. Net assets total $81.3 million with a net leverage of 3.4%.
Potential investors are advised to consider the fund's goals, risks, fees, and expenses before investing.
Royce Global Trust (NYSE: RGT), a closed-end fund investing in global equities with a disciplined value approach, reported its performance as of April 30, 2024. The fund's Net Asset Value (NAV) is $12.08, and the market price is $10.23. The average annual total return over various periods is mixed, with a one-year return of 15.65% (NAV) and 18.76% (market). The fund's net assets total $76.8M, and its portfolio includes significant allocations in sectors like Industrials (36.3%) and Financials (23.6%). The top positions include companies like Vistry Group and Sprott. The fund invests primarily in small- and mid-cap companies, occasionally allocating a significant portion of assets to foreign securities, which can involve additional risks.
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.