Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2024
In This Article:
NEW YORK, Aug. 28, 2024 /PRNewswire/ --
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Average weekly trading volume of approximately 504,885 shares
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Fund's adviser has more than 50 years of small- and micro-cap investment experience
| CLOSING PRICES AS OF 07/31/24 | |
| NAV | 11.19 |
| MKT | 9.93 |
| AVERAGE ANNUAL TOTAL RETURN AS OF 07/31/24 | NAV (%) | MKT (%) |
| One-Month* | 5.97 | 8.05 |
| Year to Date* | 11.04 | 11.66 |
| One-Year | 16.06 | 16.83 |
| Three-Year | 2.75 | 2.94 |
| Five-Year | 12.92 | 13.05 |
| 10-Year | 9.58 | 9.26 |
| *Not Annualized | ||
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted. Returns as of the recent month-end may be obtained at www.royceinvest.com. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund normally invests in micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss.
| PORTFOLIO DIAGNOSTICS | |
| Average Market Cap1 | $840.2M |
| Weighted Average P/B2 | 2.2x |
| Net Assets | $567.4M |
1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Portfolio Composition
| TOP 10 POSITIONS | % OF NET ASSETS (SUBJECT TO CHANGE) |
| Transcat | 3.0 |
| PAR Technology | 2.6 |
| Mesa Laboratories | 2.3 |
| Sprott | 2.3 |
| Major Drilling Group International | 1.9 |
| Camtek | 1.8 |
| IES Holdings | 1.5 |
| Cellebrite DI | 1.5 |
| Aspen Aerogels | 1.5 |
| nLIGHT | 1.5 |
| TOP FIVE SECTORS | % OF NET ASSETS (SUBJECT TO CHANGE) |
| Information Technology | 23.5 |
| Industrials | 21.8 |
| Financials | 15.6 |
| Health Care | 11.1 |
| Materials | 7.1 |
Recent Developments
Royce Micro-Cap Trust, Inc. is a closed-end diversified investment company whose shares of Common Stock (RMT) are listed and traded on the New York Stock Exchange. The Fund's investment goal is long-term capital growth, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalization of $1 billion or less.