Royce Micro-Cap Trust Inc - RMT STOCK NEWS

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

Royce Micro-Cap Trust, Inc. (RMT) is a diversified closed-end investment company specializing in micro-cap securities. Established to achieve long-term capital growth, the company focuses on investing in equity securities of companies with market capitalizations of $750 million or less at the time of investment. RMT's investment approach spans multiple sectors, including consumer discretionary, consumer staples, energy, healthcare, financials, industrials, IT, telecommunications, and materials.

The company is managed by Royce & Associates, a renowned small-cap specialist with deep expertise in the sector. Royce & Associates offers distinct investment approaches tailored to meet various investor goals. RMT's strategy involves high diversification across multiple industries, which helps mitigate risks associated with investing in smaller companies.

RMT has consistently demonstrated its commitment to its shareholders through regular distributions. For instance, the fund has declared quarterly distributions, which are optionally payable in additional shares of Common Stock or in cash based on specific stockholder elections. Recent distributions include $0.17 per share in both September 2023 and March 2024, and $0.18 per share in June 2024. These distributions are part of the fund's policy of paying quarterly distributions at an annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs).

It’s important to note that a portion of these distributions may be a return of capital, depending on the fund's income and net realized capital gains. This return may return some or all of the money that investors have put into the fund, which does not necessarily reflect the fund's investment performance.

Royce Micro-Cap Trust maintains a strong emphasis on transparency and shareholder communication. The fund provides detailed information on its performance and distributions, helping investors make informed decisions. For example, the fund reports on key metrics such as Average Annual Total Return in relation to NAV, Cumulative Total Return, and Annualized Current Distribution Rate.

Overall, RMT represents a unique investment opportunity for those looking to capitalize on the growth potential of micro-cap companies while benefiting from a diversified portfolio managed by seasoned experts. The fund's consistent performance and strategic distributions make it a compelling choice for long-term investors.

03/01/2024 01:49 PM

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Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares First Quarter Common Stock Distribution of $0.17 Per Share

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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.

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02/26/2024 05:09 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Jan 31, 2024

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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.

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01/29/2024 02:28 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Dec 31, 2023

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Royce Micro-Cap Trust, Inc. (RMT) reported an average weekly trading volume of approximately 625,077 shares and the fund's adviser has over 50 years of small- and micro-cap investment experience. The average annual total return as of 12/31/23 showed positive figures across different time periods. The fund invests in micro-cap companies, with the top 10 positions and sectors reflecting its portfolio composition.

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12/28/2023 02:21 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Nov 30, 2023

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Royce Micro-Cap Trust, Inc. (NYSE: RMT) has an average weekly trading volume of approximately 507,454 shares. The fund's adviser has over 40 years of small- and micro-cap investment experience. As of 11/30/23, the NAV is 9.64, and the MKT is 8.53. The average annual total return as of 11/30/23 for NAV is 7.95% and for MKT is 9.22%. The fund invests in micro-cap companies, and its portfolio diagnostics show an average market cap of $633.7M, weighted average P/B of 1.8x, and net assets of $473.6M. The top 10 positions include companies like Transcat, PAR Technology, and nLIGHT, while the top five sectors are Information Technology, Industrials, Financials, Health Care, and Materials. The fund's investment goal is long-term capital growth by investing primarily in equity securities of companies with a market capitalization of $1 billion or less.

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12/01/2023 01:21 PM

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Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Fourth Quarter Common Stock Distribution of $0.22 Per Share

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Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a year-end distribution of $0.22 per share on its Common Stock, payable on December 22, 2023. The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock at an annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs).

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11/27/2023 02:41 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Oct 31, 2023

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Royce Micro-Cap Trust (RMT) provides long-term capital growth by investing primarily in equity securities of companies with a market capitalization of $1 billion or less. As of October 31, 2023, the fund's average weekly trading volume was approximately 549,425 shares. The fund's adviser has over 40 years of small- and micro-cap investment experience. The closing prices as of October 31, 2023, show a net asset value (NAV) of 8.93 and a market price (MKT) of 7.81. The average annual total return as of the same date was -2.91% (NAV) and -4.43% (MKT) year to date. The fund's portfolio diagnostics indicate an average market cap of $575.8M, weighted average P/E of 14.9x, weighted average P/B of 1.7x, and net assets of $438.8M. The top five sectors in the fund's portfolio are Information Technology, Industrials, Financials, Health Care, and Cash and Cash Equivalents. The top 10 positions in the fund's portfolio include Transcat, EVI Industries, PAR Technology, Mesa Laboratories, Sprott, Camtek, B. Riley Financial, Major Drilling Group International, Silvercrest Asset Management Group Cl. A, and Richardson Electronics. The fund's investment goal is long-term capital growth, and its daily net asset values (NAVs) are available on its website and through most ticker symbol lookup services and broker terminals under the symbol XOTCX.

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10/30/2023 03:20 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Sep 30, 2023

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Royce Micro-Cap Trust (NYSE: RMT) reported an average weekly trading volume of approximately 482,853 shares. The fund's adviser has over 40 years of small- and micro-cap investment experience. The closing prices as of September 30, 2023, were NAV: $9.53 and MKT: $8.28. The average annual total return as of September 30, 2023, for NAV was 3.61% and for MKT was 1.32% year to date.

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10/03/2023 02:53 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Aug 31, 2023

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Average weekly trading volume of approximately 376,052 shares. NAV as of 08/31/23: $10.27. MKT as of 08/31/23: $8.98. One-Year NAV return: 11.24%. One-Year MKT return: 9.31%. Fund invests in micro-cap companies. Average Market Cap: $722.1M. Net Assets: $499.5M. Top 10 positions include Transcat and PAR Technology. Top 5 sectors: Information Technology, Industrials, Financials, Health Care, Consumer Discretionary.

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09/01/2023 02:27 PM

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Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Third Quarter Common Stock Distribution of $0.17 Per Share

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Royce Micro-Cap Trust, Inc. (NYSE: RMT) has declared a quarterly distribution of $0.17 per share on its Common Stock, payable on September 22, 2023. The Fund estimates that it has distributed more than its income and net realized capital gains, with a return of capital distribution of $0.1434 per share. The Fund's average annual total return for the 5-year period ending on August 31, 2023, is 6.86%.

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08/28/2023 03:19 PM

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Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2023

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Royce Micro-Cap Trust reports average weekly trading volume of 394,678 shares. The fund's adviser has over 40 years of small- and micro-cap investment experience. NAV and MKT as of 07/31/23 are $10.47 and $9.23 respectively. Important performance information shows positive returns for the past month, year to date, one-year, three-year, five-year, and ten-year periods. The fund invests in micro-cap companies, which carry higher risk. Portfolio diagnostics show an average market cap of $739.1M, weighted average P/E of 15.6x, weighted average P/B of 2.1x, and net assets of $509.4M. Top 10 positions include Transcat, PAR Technology, nLIGHT, EVI Industries, Major Drilling Group International, Mesa Laboratories, PDF Solutions, Sprott, NewtekOne, and B. Riley Financial. Top five sectors are Information Technology, Industrials, Financials, Health Care, and Consumer Discretionary. Royce Micro-Cap Trust is a closed-end diversified investment company aiming for long-term capital growth. Daily NAVs are available on the website and online. Investors should carefully consider the Fund's investment goals, risks, fees, and expenses. Closed-End Funds may trade at a discount to their net asset value.

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FAQ

What is the current stock price of Royce Micro-Cap Trust (RMT)?

The current stock price of Royce Micro-Cap Trust (RMT) is $9.76 as of November 15, 2024.

What is the market cap of Royce Micro-Cap Trust (RMT)?

The market cap of Royce Micro-Cap Trust (RMT) is approximately 496.8M.

What does Royce Micro-Cap Trust, Inc. specialize in?

Royce Micro-Cap Trust, Inc. specializes in investing in equity securities of micro-cap companies with market capitalizations of $750 million or less.

Who manages Royce Micro-Cap Trust, Inc.?

The fund is managed by Royce & Associates, a small-cap specialist with extensive experience in the sector.

What sectors does Royce Micro-Cap Trust, Inc. invest in?

RMT invests in a range of sectors including consumer discretionary, consumer staples, energy, healthcare, financials, industrials, IT, telecommunications, and materials.

What is the objective of Royce Micro-Cap Trust, Inc.?

The main objective of RMT is to achieve long-term capital growth by investing in micro-cap companies.

How often does Royce Micro-Cap Trust, Inc. distribute dividends?

RMT distributes dividends quarterly, with options for shareholders to receive the dividends in cash or additional shares of Common Stock.

What is the distribution policy of Royce Micro-Cap Trust, Inc.?

The fund aims to pay quarterly distributions at an annual rate of 7% of the rolling average of the prior four calendar quarter-end NAVs.

Can part of the distribution be a return of capital?

Yes, a portion of the distribution may be a return of capital, depending on the fund's income and net realized capital gains.

What are the latest distribution amounts declared by the fund?

Recent distributions include $0.17 per share in both September 2023 and March 2024, and $0.18 per share in June 2024.

Where are Royce Micro-Cap Trust, Inc. shares traded?

RMT shares are listed and traded on the New York Stock Exchange (NYSE).

How does Royce Micro-Cap Trust, Inc. ensure transparency?

The fund provides detailed information on its performance and distributions, including metrics like Average Annual Total Return, Cumulative Total Return, and Annualized Current Distribution Rate.