Royce Micro-Cap Trust (NYSE: RMT) as of Apr 30, 2026

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Rhea-AI Summary

Royce Micro-Cap Trust (NYSE:RMT) reported key metrics as of April 30, 2026. Net asset value (NAV) was $14.81 and market price $13.22, with average weekly trading volume of about 641,137 shares.

One-year total returns reached 72.98% at NAV and 74.60% at market price. Net assets were $797.7 million, net leverage 2.3%, and average portfolio market cap $1,065.6 million. Top sectors were Industrials, Information Technology, and Financials.

Positive

One-year total return 72.98% at NAV and 74.60% at market price
Year-to-date total return 27.78% at NAV and 28.93% at market price
Net assets of $797.7 million as of April 30, 2026
Average weekly trading volume of approximately 641,137 shares
Top sector weights in Industrials 29.7% and Information Technology 24.0%
Fund’s adviser reports more than 50 years of small- and micro-cap experience

Negative

Market price $13.22 below NAV $14.81, indicating a trading discount
Net leverage of 2.3% adds borrowing-related risk
Focus on micro-cap companies may involve considerably more risk than larger caps
Closed-end structure means shares may trade at a discount to NAV

News Market Reaction – RMT

+1.23%

+1.23% Session close to close

In the May 20 session, RMT gained 1.23%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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05/20/2026 - 02:16 PM

NEW YORK, May 20, 2026 /PRNewswire/ --

Average weekly trading volume of approximately 641,137 shares
Fund's adviser has more than 50 years of small- and micro-cap investment experience

CLOSING PRICES AS OF 04/30/26
NAV	14.81
MKT	13.22

AVERAGE ANNUAL TOTAL RETURN AS OF 04/30/26	NAV (%)	MKT (%)
One-Month*	15.88	16.89
Year to Date*	27.78	28.93
One-Year	72.98	74.60
Three-Year	26.07	26.78
Five-Year	10.83	11.28
10-Year	14.60	15.21

*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	$1065.6M
Weighted Average P/B²	2.3x
Net Assets	$797.7M
Net Leverage	2.3 %

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.

Net leverage is the percentage, in excess of 100 %, of the total value of equity type investments, divided by net assets.

Portfolio Composition

TOP 10 POSITIONS	% OF NET ASSETS (SUBJECT TO CHANGE)
5N Plus	1.6
Argan	1.6
ADTRAN Holdings	1.6
Cohu	1.5
Bel Fuse Cl. B	1.5
EZCORP Cl. A	1.5
Camtek	1.5
Ichor Holdings	1.4
Ultra Clean Holdings	1.4
NWPX Infrastructure	1.4

TOP FIVE SECTORS	% OF NET ASSETS (SUBJECT TO CHANGE)
Industrials	29.7
Information Technology	24.0
Financials	13.8
Health Care	11.8
Consumer Discretionary	10.3

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.

Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc. are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XOTCX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com

An investor in Royce Micro-Cap Trust should consider the Fund's investment goals, risks, fees, and expenses carefully before investing.

Important Disclosure Information
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds.

View original content:https://www.prnewswire.com/news-releases/royce-micro-cap-trust-nyse-rmt-as-of-apr-30-2026-302778073.html

SOURCE Royce Micro-Cap Trust, Inc.

FAQ

What were Royce Micro-Cap Trust (NYSE:RMT) NAV and market price on April 30, 2026?

Royce Micro-Cap Trust reported a NAV of $14.81 and a market price of $13.22 on April 30, 2026. According to the fund, this reflects typical closed-end fund pricing where shares can trade at a discount or premium to NAV.

How did Royce Micro-Cap Trust (RMT) perform over one year as of April 30, 2026?

Over one year, Royce Micro-Cap Trust delivered total returns of 72.98% at NAV and 74.60% at market price. According to the fund, these figures are net of advisory fees and assume reinvestment of distributions, but past performance does not guarantee future results.

What are the key portfolio characteristics of Royce Micro-Cap Trust (RMT) as of April 30, 2026?

As of April 30, 2026, RMT reported net assets of $797.7 million, net leverage of 2.3%, and an average market cap of $1,065.6 million. According to Royce Micro-Cap Trust, the weighted average price-to-book ratio of the portfolio was 2.3x.

Which sectors does Royce Micro-Cap Trust (RMT) emphasize in its portfolio as of April 30, 2026?

Royce Micro-Cap Trust’s top sectors were Industrials at 29.7%, Information Technology at 24.0%, Financials at 13.8%, Health Care at 11.8%, and Consumer Discretionary at 10.3%. According to the fund, sector weights are subject to change over time.

What are the top 10 holdings of Royce Micro-Cap Trust (RMT) and their weights?

The top 10 positions each represented about 1.4%–1.6% of net assets, including 5N Plus, Argan, ADTRAN Holdings, Cohu, Bel Fuse Class B, EZCORP Class A, Camtek, Ichor Holdings, Ultra Clean Holdings, and NWPX Infrastructure. According to Royce, weights are subject to change.

What risks does Royce Micro-Cap Trust (RMT) highlight for investors?

Royce Micro-Cap Trust highlights that investing in micro-cap companies involves considerably more risk than larger caps and that shares may trade at a discount to NAV. According to the fund, market prices can fluctuate so shares may be worth more or less than cost when sold.

Where can investors find updated performance and NAV data for Royce Micro-Cap Trust (RMT)?

Investors can obtain recent month-end returns and daily NAVs for Royce Micro-Cap Trust on the Royce website and through most ticker symbol lookup services. According to the fund, NAV information is also available on broker terminals under the symbol XOTCX.