Royce Micro-Cap Trust (NYSE: RMT) as of Dec 31, 2025
Rhea-AI Summary
Royce Micro-Cap Trust (NYSE: RMT) reported key figures as of Dec 31, 2025. The Fund's NAV closed at $11.79 and the market price closed at $10.43. Average annual total return (NAV) was 16.57% one‑year, 15.55% three‑year, and 12.23% ten‑year. Portfolio diagnostics show average market cap $868.8M, weighted P/B 2.1x, net assets $630.8M, and net leverage 1.5%. Top sectors by weight: Industrials, Information Technology, Financials, Health Care, and Consumer Discretionary. The Fund ordinarily invests in micro‑cap companies and notes that micro‑cap investing may involve higher risk and that shares can trade at a discount to NAV.
Positive
- One‑year NAV total return of +16.57% as of 12/31/25
- Three‑year annualized NAV return of +15.55% as of 12/31/25
- Net assets of $630.8M indicating a mid‑sized closed‑end fund
Negative
- Market price closed at $10.43, approximately 11.5% below NAV as of 12/31/25
- Fund concentrates in micro‑cap stocks, which may involve considerably more risk than larger‑cap investments
News Market Reaction
On the day this news was published, RMT declined 0.26%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Average weekly trading volume of approximately 429,716 shares
- Fund's adviser has more than 50 years of small- and micro-cap investment experience
CLOSING PRICES AS OF 12/31/25 | |
NAV | 11.79 |
MKT | 10.43 |
AVERAGE ANNUAL TOTAL RETURN AS OF 12/31/25 | NAV (%) | MKT (%) |
One-Month* | 1.69 | 2.00 |
One-Year | 16.57 | 16.13 |
Three-Year | 15.55 | 15.38 |
Five-Year | 8.85 | 9.51 |
10-Year | 12.23 | 12.75 |
*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 | |
Weighted Average P/B2 | 2.1x |
Net Assets | |
Net Leverage | 1.5 % |
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 | |
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market | |
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 |
Establishment Labs Holdings | 1.4 |
Sprott | 1.3 |
ASA Gold and Precious Metals | 1.3 |
CECO Environmental | 1.3 |
Bel Fuse Cl. B | 1.3 |
nLIGHT | 1.2 |
NWPX Infrastructure | 1.2 |
Argan | 1.2 |
NPK International | 1.2 |
5N Plus | 1.2 |
TOP FIVE SECTORS | % OF NET ASSETS (SUBJECT TO |
Industrials | 26.4 |
Information Technology | 21.1 |
Financials | 15.7 |
Health Care | 13.2 |
Consumer Discretionary | 9.4 |
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
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-dec-31-2025-302670379.html
SOURCE Royce Micro-Cap Trust, Inc.
FAQ
What were Royce Micro‑Cap Trust (RMT) NAV and market price as of Dec 31, 2025?
What was Royce Micro‑Cap Trust (RMT) one‑year return as of Dec 31, 2025?
How large is Royce Micro‑Cap Trust (RMT) by assets as of Dec 31, 2025?
What is Royce Micro‑Cap Trust (RMT) average market capitalization of holdings?
Why might RMT shares trade below NAV and what was the discount on 12/31/25?
What primary risks should investors consider for Royce Micro‑Cap Trust (RMT)?
