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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.

Overview

Royce Global Trust, Inc. is a diversified closed-end investment company that focuses on providing investors with exposure to a broad spectrum of equity securities. The fund, managed by Royce & Associates, leverages its extensive expertise as a small-cap specialist to navigate the complexities of investing in micro-, small-, and mid-cap companies. With investments spanning across multiple sectors such as information technology, consumer discretionary, health care, and more, the fund is designed to offer diversified exposure and a structured approach to global equity markets.

Investment Strategy and Business Model

The company follows a disciplined, diversified investment approach by allocating capital across a wide range of industries and geographical regions. Emphasizing risk management, Royce Global Trust invests in both U.S. and international equities, providing a balanced portfolio that caters to investors interested in companies with smaller to mid-sized market capitalizations. This strategy reflects a commitment to capturing growth potential while mitigating risks through diversification.

Royce Global Trust maintains a focused investment thesis by concentrating on:

  • Sectoral Diversification: Investments span industries such as technology, consumer sectors, health care, materials, consumer staples, and energy, ensuring no overexposure to a single sector.
  • Geographical Spread: The fund holds securities from major financial centers including the United Kingdom, Japan, the United States, Canada, France, Hong Kong, and Germany.
  • Risk Management: With an emphasis on the intricacies and risks associated with smaller-cap stocks, the investment strategy is built to balance potential high returns with the volatility typical of less mature enterprises.

Market Position and Significance

Within the competitive landscape of investment management, Royce Global Trust stands as a distinguished example of a closed-end fund that delivers a nuanced approach to investing in smaller companies. The fund differentiates itself by combining local expertise with a global perspective, enabling it to seize opportunities in various international markets and industry segments. Its diversified portfolio underscores the fund's commitment to long-term capital growth, while prudently managing the risks associated with volatile market segments.

Operational Excellence and Investment Process

Royce Global Trust employs a structured investment process developed by seasoned professionals with a deep understanding of the financial markets. This process entails rigorous research and analysis of companies across sectors and geographies, supported by the firm’s historical expertise in managing small-cap investments. The investment team effectively integrates qualitative assessments with quantitative analyses to identify opportunities that align with the fund’s investment objectives.

Investor Considerations

Investors evaluating Royce Global Trust should be aware of its strategic focus on micro-, small-, and mid-cap companies, which inherently involve a higher risk profile than larger-cap equities. The fund’s diversified nature aims to help cushion against market volatility, although it does not eliminate investment risks. It is essential for investors to review the fund’s objectives, fee structure, and risk disclosures to fully understand the potential investment implications.

Industry Insights and Key Differentiators

Royce Global Trust is recognized for its detailed and methodical approach to investment selection. Its ability to navigate international markets and diverse sectors positions it uniquely compared to its peers. The fund's integration of advanced risk management techniques and expert market analysis underpins its sustained relevance in a dynamic investment environment. The structural clarity and emphasis on core business fundamentals enhance its appeal as a tool for diversification and specialized equity exposure.

Rhea-AI Summary

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.

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Rhea-AI Summary

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.

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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.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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FAQ

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

The current stock price of Royce Global Trust (RGT) is $10.54 as of April 1, 2025.

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

The market cap of Royce Global Trust (RGT) is approximately 68.7M.

What is Royce Global Trust, Inc.?

Royce Global Trust, Inc. is a closed-end, diversified investment company that primarily invests in small- and mid-cap equities across various sectors and regions. It is managed by professionals with deep expertise in investment management.

How does the fund diversify its investments?

The fund adopts a diversified investment approach by allocating capital across multiple sectors such as technology, health care, and consumer goods, as well as across different geographical regions including the U.S. and international markets.

What is the core investment strategy of Royce Global Trust?

Its strategy centers on investing in micro-, small-, and mid-cap companies while emphasizing risk management through sectoral and geographical diversification to capture potential growth opportunities.

What kind of risks are associated with investing in this fund?

Investors should be aware that investing in smaller-cap companies can involve greater volatility and risk compared to large-cap stocks. The inherent risks include market fluctuations and economic uncertainties, especially in international markets.

How is the fund managed?

The fund is managed by Royce & Associates, a team with deep experience in small-cap investments, employing a rigorous investment process that combines qualitative research with quantitative analysis.

Which sectors does Royce Global Trust primarily invest in?

The fund’s investments span a range of sectors including information technology, consumer discretionary, health care, materials, consumer staples, and energy, ensuring a balanced and diversified portfolio.

How does the fund differentiate itself from competitors?

The fund differentiates itself by focusing on a global and diversified portfolio with an emphasis on small- and mid-cap companies, supported by specialist knowledge and a structured investment process.

Who should consider investing in Royce Global Trust?

Investors seeking exposure to diversified international equities and who understand the risks associated with smaller-cap stocks may find the fund appealing. It is important for investors to consider the fund's objectives and risk profile before investing.
Royce Global Trust, Inc.

NYSE:RGT

RGT Rankings

RGT Stock Data

68.71M
6.36M
19.03%
20.36%
0.06%
Asset Management
Financial Services
United States
New York