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Royce Small-Cap Trust, Inc. - RVT STOCK NEWS

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

Royce Small-Cap Trust, Inc. (RVT), is a closed-end, diversified management investment company listed on the New York Stock Exchange. The company's primary goal is long-term capital growth, achieved by investing at least 65% of its assets in equity securities, primarily of small- and micro-cap companies, which are often overlooked by larger investors but can offer substantial growth potential.

Managed by Royce & Associates, a specialist in small-cap investments, the fund brings unparalleled expertise and a distinct investment approach to meet varied investor goals. The company’s portfolio is diverse, including common stocks, preferred stocks, corporate bonds, and repurchase agreements. Sectors represented in the portfolio include consumer discretionary, consumer staples, healthcare, financial, IT, telecommunications, and materials.

Royce Small-Cap Trust has recently announced its quarterly distributions, reflecting its commitment to delivering consistent returns to shareholders. For instance, a quarterly distribution of $0.26 per share was declared for September 2023, and most recently, a distribution of $0.28 per share for June 2024. These distributions can be optionally paid in additional shares of common stock or in cash, depending on shareholder election.

The fund's investment policy aims to mitigate risks associated with small-cap stocks by maintaining a broadly diversified portfolio. However, investing in small-cap and micro-cap companies involves considerably more risk than larger-cap stocks, including market volatility and less liquidity. The fund also occasionally invests in foreign securities, which can involve additional risks like political and economic instability.

Financially, Royce Small-Cap Trust keeps a close eye on performance metrics such as geometric and harmonic averages to provide a more accurate measure of the portfolio's market cap. Its price-earnings (P/E) ratio, excluding companies with zero or negative earnings, and price-to-book (P/B) ratio are also crucial indicators for assessing the fund's valuation.

For daily NAVs and other information, investors can visit the company's website or call their customer service. Effective May 1, 2024, the fund's name changed from Royce Value Trust, Inc. to Royce Small-Cap Trust, Inc., requiring it to invest at least 80% of its net assets in small-cap companies under normal circumstances.

Investors are encouraged to consider the fund’s investment goals, risks, fees, and expenses carefully before investing, as detailed in the fund’s prospectus available on their website or by calling their support line.

News

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

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Royce Value Trust (NYSE: RVT) is the oldest and largest small-cap closed-end fund, with an average weekly trading volume of approximately 1,119,943 shares. The fund's adviser brings over 50 years of small- and micro-cap investment experience to the table. As of 03/31/24, the fund's NAV closed at 17.10 and the MKT at 15.17, with impressive average annual total returns across different time frames. The portfolio diagnostics reveal key financial data, including the average market cap, weighted average P/E, and P/B ratios. The fund's top 10 positions and sector allocations provide insights into its investment strategy and composition.

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

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Royce Value Trust (RVT) is the oldest and largest small-cap closed-end fund with an average weekly trading volume of around 1,165,925 shares. The fund's adviser has over 50 years of small- and micro-cap investment experience. As of 02/29/24, the NAV was $16.70 and MKT was $14.68. The average annual total return as of the same date shows promising figures across different time frames. The fund invests primarily in small-cap and micro-cap companies, with a diversified portfolio that does not guarantee profits or protect against losses. The portfolio diagnostics reveal key financial data, including an average market cap of $2988.1M, weighted average P/E of 16.0x, weighted average P/B of 2.1x, and net assets of $1.90B. The top 10 positions and sectors provide insights into the fund's composition. Royce Value Trust aims for long-term capital growth by investing at least 65% of its assets in equity securities of small- and micro-cap companies.
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Royce Value Trust, Inc. (NYSE-RVT) declares First Quarter Common Stock Distribution of $0.27 Per Share

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Royce Value Trust, Inc. (NYSE-RVT) declares a quarterly distribution of $0.27 per share on its Common Stock, payable on March 22, 2024. The distribution can be received in shares or cash, with a record date of March 11, 2024. The Fund follows a Distribution Policy, paying quarterly distributions at an annual rate of 7% of the rolling average of NAVs. The estimated sources of the distribution for 2024 show a breakdown of net investment income, short-term gains, long-term gains, and return of capital.
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Royce Value Trust (NYSE: RVT) as of Jan 31, 2024

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Royce Value Trust (RVT) is a small-cap closed-end fund with a seasoned adviser and strong historical performance. The fund focuses on small- and micro-cap investments, aiming for long-term capital growth. It has a diversified portfolio with a significant allocation to small-cap and micro-cap companies, including foreign securities. Recent data shows a stable NAV and market price, with positive annual total returns over various periods.
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Royce Value Trust (NYSE: RVT) as of Dec 31, 2023

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Royce Value Trust (RVT) is the oldest and largest small-cap closed-end fund with an average weekly trading volume of approximately 1,536,789 shares. The fund's adviser has more than 50 years of small- and micro-cap investment experience. As of 12/31/23, the closing prices show a Net Asset Value (NAV) of 16.42 and a Market Value (MKT) of 14.56. The average annual total return as of 12/31/23 for NAV and MKT are 10.91% and 10.90% respectively for one month, and 21.62% and 18.83% respectively for one year. The fund primarily invests in securities of small-cap and micro-cap companies with an average market cap of $2874.0M and net assets of $1.86B. The top 5 sectors in its portfolio are Industrials, Financials, Information Technology, Health Care, and Consumer Discretionary. Royce Value Trust is listed and traded on the New York Stock Exchange under the symbol RVT with the primary investment goal of long-term capital growth by investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies.
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Royce Value Trust (NYSE: RVT) as of Nov 30, 2023

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Royce Value Trust, Inc. (NYSE: RVT) is the oldest and largest small-cap closed-end fund with an average weekly trading volume of approximately 1,259,254 shares. The fund's adviser has over 50 years of small- and micro-cap investment experience. As of 11/30/23, the fund's NAV was 15.11, and the MKT was 13.40. The average annual total return as of 11/30/23 for NAV was 9.10% and for MKT was 11.67%. The fund primarily invests in small-cap and micro-cap companies and has a broadly diversified portfolio. The net assets of the fund are $1.70B with a net leverage of 1.5%. The top five sectors of the fund include Industrials, Financials, Information Technology, Health Care, and Consumer Discretionary. The recent developments include the availability of daily net asset values (NAVs) for Royce Value Trust on their website and online through most ticker symbol lookup services and on broker terminals under the symbol XRVTX.
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Royce Value Trust, Inc. (NYSE-RVT) declares Fourth Quarter Common Stock Distribution of $0.29 Per Share

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Royce Value Trust, Inc. (NYSE-RVT) has declared a year-end distribution of $0.29 per share on its Common Stock, payable in additional shares of Common Stock or in cash. The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs). The estimated sources of the distribution for 2023 include net realized long-term gains of 87% and net investment income of 0%.
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Royce Value Trust (NYSE: RVT) as of Oct 31, 2023

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Royce Value Trust (RVT) is the oldest and largest small-cap closed-end fund, with an average weekly trading volume of approximately 1,430,293 shares. The fund's adviser has over 40 years of small- and micro-cap investment experience. As of 10/31/23, the net asset value (NAV) was $13.85, and the market price (MKT) was $12.00. The fund's average annual total return as of 10/31/23 shows positive performance over the years, with the three-year return at 5.87% and the five-year return at 6.27%. The fund primarily invests in securities of small-cap and micro-cap companies, with a broadly diversified portfolio, but it may involve more risk than investing in larger-cap companies. The fund's net assets are $1.56B, with a net leverage of 0.5%. The top five sectors in the portfolio include industrials, financials, information technology, health care, and consumer discretionary.
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Royce Value Trust (NYSE: RVT) as of Sep 30, 2023

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Royce Value Trust (NYSE: RVT) is the oldest and largest small-cap closed-end fund with an average weekly trading volume of approximately 938,193 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 $14.78, and the MKT price was $12.87. The fund has shown positive average annual total returns across various time periods. However, past performance is not indicative of future results.
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Royce Value Trust (NYSE: RVT) as of Aug 31, 2023

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Royce Value Trust (RVT) is a closed-end small-cap fund with an experienced adviser. Performance highlights as of 08/31/23: One-Month NAV return -2.63%, MKT return -3.34%. Year to Date NAV return 13.50%, MKT return 9.06%.
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FAQ

What is the current stock price of Royce Small-Cap Trust (RVT)?

The current stock price of Royce Small-Cap Trust (RVT) is $15.73 as of December 20, 2024.

What is the market cap of Royce Small-Cap Trust (RVT)?

The market cap of Royce Small-Cap Trust (RVT) is approximately 1.8B.

What is the primary investment goal of Royce Small-Cap Trust, Inc.?

The primary investment goal is long-term capital growth, achieved by investing at least 65% of its assets in equity securities of small- and micro-cap companies.

What types of securities does Royce Small-Cap Trust, Inc. invest in?

The fund invests in common stocks, preferred stocks, corporate bonds, and repurchase agreements across diverse sectors.

How are the distributions paid to shareholders?

Distributions can be optionally paid in additional shares of common stock or in cash, depending on shareholder election.

What are the risks associated with investing in Royce Small-Cap Trust, Inc.?

Investing in small-cap and micro-cap companies involves more risk than larger-cap stocks, including market volatility and less liquidity. The fund also faces additional risks when investing in foreign securities.

How can I obtain daily NAVs for Royce Small-Cap Trust, Inc.?

Daily NAVs are available on the company's website and can also be accessed through ticker symbol lookup services and broker terminals under the symbol XRVTX.

Who manages Royce Small-Cap Trust, Inc.?

The fund is managed by Royce & Associates, a specialist in small-cap investments with unparalleled expertise in this sector.

What recent changes have been made to the fund?

Effective May 1, 2024, the fund's name changed from Royce Value Trust, Inc. to Royce Small-Cap Trust, Inc., and it now requires at least 80% of its net assets to be invested in small-cap companies under normal circumstances.

Where can I find more information about the fund?

You can visit the company's website or call their customer service line for more details and to obtain the fund's prospectus.

What sectors does the fund's portfolio include?

The fund's portfolio includes sectors such as consumer discretionary, consumer staples, healthcare, financial, IT, telecommunications, and materials.

Is the performance of Royce Small-Cap Trust, Inc. guaranteed?

No, all performance information reflects past performance and does not guarantee future results. The market price of the fund's shares will fluctuate, and shares may be worth more or less than their original cost when sold.

Stock RVT logo
Royce Small-Cap Trust, Inc.

NYSE:RVT

RVT Rankings

#2037 Ranked by Market Cap
#139 Ranked by Dividends

RVT Stock Data

1.80B
115.35M
0.06%
27.44%
0.04%
Asset Management
Financial Services
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United States of America
New York