Royce Global Value Trust, Inc. (NYSE-RGT) declares Year-end Common Stock Distribution of $2.75 Per Share
Royce Global Value Trust (NYSE-RGT) has announced a year-end distribution of $2.75 per share on its Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Royce Global Value Trust (NYSE-RGT) has announced a year-end distribution of $2.75 per share on its Common Stock. This distribution is optional, allowing stockholders to choose between cash or additional shares. The payment is scheduled for December 23, 2021, with record date December 13, 2021, and ex-dividend date December 10, 2021. The estimated sources include $0.0908 in net investment income, $0.3446 from short-term gains, and $2.3146 from long-term gains. Investors should consult their tax advisor, as actual distributions may vary.
Positive
- Year-end distribution of $2.75 per share highlights strong returns for investors.
- 84% of the distribution comes from net realized long-term gains, indicating effective investment strategies.
Negative
- None.
Details
News Market Reaction – RGT
The recorded move for RGT in the trading session of this news was +1.96%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Dec. 1, 2021 /PRNewswire/ -- Royce Global Value Trust, Inc. (NYSE-RGT) (the "Fund") has declared a year-end distribution of
The Fund's estimated sources of the distribution to be paid on December 23, 2021 are as follows:
Distribution Per Share | Net Investment Income | Net Realized | Net Realized | Return of Capital |
You should not draw any conclusions about the Fund's investment performance from the amount of the current distribution. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
About Royce Global Value Trust, Inc.
Royce Global Value Trust, Inc. is a closed-end diversified management investment company whose shares are listed and traded on the New York Stock Exchange. The Fund invests in both U.S. and non-U.S. common stocks (generally market caps up to
For further information on The Royce Funds℠, please visit our web site at: www.royceinvest.com.
View original content:https://www.prnewswire.com/news-releases/royce-global-value-trust-inc-nyse-rgt-declares-year-end-common-stock-distribution-of-2-75-per-share-301435711.html
SOURCE Royce Global Value Trust
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