Royce Micro Cap Trust - RMT STOCK NEWS

Royce Micro-Cap Trust (NYSE: RMT) reported its performance as of July 31, 2024. The fund, which invests primarily in companies with market caps of $1 billion or less, showed strong returns across various time frames. Key highlights include:

- Net Asset Value (NAV): $11.19
- Market Price: $9.93
- One-Year Total Return: 16.06% (NAV), 16.83% (Market)
- Five-Year Average Annual Return: 12.92% (NAV), 13.05% (Market)
- Net Assets: $567.4M
- Average Market Cap of Holdings: $840.2M

The fund's top sectors include Information Technology (23.5%), Industrials (21.8%), and Financials (15.6%). Transcat is the largest holding at 3.0% of net assets. The fund's adviser boasts over 50 years of small- and micro-cap investment experience.

Royce Micro-Cap Trust (NYSE: RMT) reported its performance as of June 30, 2024. The fund, which invests in companies with market caps of $1 billion or less, had a Net Asset Value (NAV) of $10.56 and a market price of $9.19. RMT's year-to-date returns were 4.79% (NAV) and 3.34% (market), with one-year returns of 14.79% (NAV) and 14.05% (market). The fund's net assets totaled $535.4 million, with an average market cap of $816.2 million. Top sectors included Information Technology (24.4%), Industrials (21.5%), and Financials (15.4%). The fund's adviser boasts over 50 years of small- and micro-cap investment experience. Investors should note that micro-cap investing may involve considerable risk compared to larger-cap companies.

Royce Micro-Cap Trust (NYSE: RMT) reported substantial annual performance as of May 31, 2024. The fund's Net Asset Value (NAV) was $11.13, while the market price was $9.69. The average annual total return for one year was 28.01% for NAV and 28.77% for market price. The portfolio's average market cap was $834.9M with net assets totaling $558.3M. Key sectors included Information Technology, Industrials, and Financials. The top holdings were Transcat, Aspen Aerogels, and Sprott, among others. The advisor boasts over 50 years of micro-cap investment experience. Despite strong performance, potential investors should consider the inherent risks of micro-cap investments and market fluctuations.

Royce Micro-Cap Trust (NYSE-RMT) announced a quarterly distribution of $0.18 per share for Q2 2024, payable either in cash or additional common stock. The payment date is June 24, 2024, with a record date of June 13, 2024. The fund's annual distribution rate is 7% of the rolling average NAV of the prior four quarters. The sources of the distribution are 34% from short-term gains and 66% from long-term gains. For the fiscal year through May 31, 2024, RMT reported a total distribution per share of $0.35 and a fund performance return of 13.87% over the last five years. The policy and annual rate may be revised at the fund board's discretion.

Royce Micro-Cap Trust (NYSE: RMT) reported an average weekly trading volume of 549,219 shares as of April 30, 2024.

The fund's net asset value (NAV) was $10.21, while the market price stood at $8.88. The year-to-date return was -0.64% for NAV and -2.08% for the market price. The one-year return was 17.80% for NAV and 16.72% for the market price.

With net assets of $512.5 million, the fund invests primarily in equity securities of micro-cap companies with market capitalizations of $1 billion or less.

The top five sectors were Information Technology (23.2%), Industrials (21.9%), Financials (16.0%), Health Care (10.7%), and Materials (7.9%).

Past performance is not indicative of future results, and micro-cap investments involve higher risks. Daily NAVs are available on Royce's website.

Royce Micro-Cap Trust (NYSE: RMT) as of Mar 31, 2024, reported an average weekly trading volume of approximately 538,245 shares. The fund's adviser boasts over 50 years of small- and micro-cap investment experience. The closing prices as of 03/31/24 indicated a NAV of 10.75 and MKT of 9.45. The average annual total return as of 03/31/24 showed positive growth across different timeframes, with the one-year return at 18.85% for NAV and 16.99% for MKT. The fund's portfolio diagnostics highlighted key metrics such as an average market cap of $769.4M, a weighted average P/B of 2.0x, and net assets totaling $539.4M.

Royce Micro-Cap Trust (RMT) is a closed-end diversified investment company listed on the NYSE. With a focus on long-term capital growth, the fund primarily invests in equity securities of companies with market capitalization of $1 billion or less. The fund's adviser has over 50 years of small- and micro-cap investment experience. As of 02/29/24, the average weekly trading volume was around 511,698 shares. The NAV was $10.57, and the MKT was $9.33. The fund's performance showed positive returns over various periods, with notable holdings in sectors like Information Technology, Industrials, and Financials.

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares a quarterly distribution of $0.17 per share on Common Stock, payable on March 22, 2024. The Fund's Distribution Policy aims to pay 7% of the rolling average of prior four quarter-end net asset values, with the fourth quarter distribution being the greater of 1.75% or the IRS minimum. Estimated sources show a distribution breakdown of 0% Net Investment Income, 42% Short-Term Gains, and 58% Long-Term Gains.

Royce Micro-Cap Trust, Inc. (RMT) reported an average weekly trading volume of 526,428 shares with a focus on small- and micro-cap investments. The fund's adviser boasts over 50 years of experience. As of 01/31/24, NAV was $10.14, MKT was $9.01. The average annual total return varied from -3.15% to 10.82% over different time frames. The fund's portfolio is broadly diversified, primarily investing in micro-cap companies, with an average market cap of $687.7M and net assets of $504.2M. Top sectors include Information Technology, Industrials, Financials, Health Care, and Materials.