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.
Royce Value Trust (NYSE-RVT) has announced a quarterly distribution of $0.33 per share, payable on September 24, 2021, to shareholders of record as of September 13, 2021. This distribution can be received in cash or additional shares. The Fund operates under a policy of quarterly distributions at an annual rate of 7% of the average net asset values. The estimated allocations for this distribution include 0% from net investment income, 21% from short-term gains, and 79% from long-term gains.
Royce Value Trust (NYSE-RVT) has announced a quarterly distribution of $0.30 per share on its Common Stock, payable on June 25, 2021. Stockholders recorded by the close of business on June 11, 2021 will qualify for this dividend. The fund follows a Distribution Policy of paying out distributions quarterly at a rate of 7% based on the rolling average of net asset values (NAVs). For 2021, the fund's distribution allocations include $0.2297 from long-term gains and $0.0703 from short-term gains. The average annual total return for RVT is 17.37%.
Royce Value Trust (NYSE-RVT) announced a quarterly distribution of $0.26 per share, payable on March 24, 2021. Shareholders can choose to receive distributions in cash or reinvest them in additional shares. This distribution is based on a policy paying an annual rate of 7% of the rolling average net asset values (NAVs). As of February 28, 2021, the Fund reported a cumulative total return of 9.77% for the fiscal year and an average annual return of 18.82% over the past five years.
FAQ
What is the current stock price of Royce Small-Cap Trust (RVT)?
What is the market cap of Royce Small-Cap Trust (RVT)?
What is the primary investment goal of Royce Small-Cap Trust, Inc.?
What types of securities does Royce Small-Cap Trust, Inc. invest in?
How are the distributions paid to shareholders?
What are the risks associated with investing in Royce Small-Cap Trust, Inc.?
How can I obtain daily NAVs for Royce Small-Cap Trust, Inc.?
Who manages Royce Small-Cap Trust, Inc.?
What recent changes have been made to the fund?
Where can I find more information about the fund?
What sectors does the fund's portfolio include?
Is the performance of Royce Small-Cap Trust, Inc. guaranteed?
