Royce Micro-Cap Trust (NYSE: RMT) as of Feb 28, 2025

Rhea-AI Summary

Royce Micro-Cap Trust (NYSE: RMT) has reported key operational metrics as of February 28, 2025. The fund maintains an average weekly trading volume of approximately 515,632 shares and benefits from its adviser's extensive 50+ years of small- and micro-cap investment experience.

The fund operates as a closed-end diversified investment company traded on the NYSE, focusing on long-term capital growth through investments in equity securities of companies with market capitalizations of $1 billion or less at the time of investment. Daily net asset values (NAVs) are available under the symbol XOTCX.

The fund's performance is presented on a total return basis, net of investment advisory fees, and reflects distribution reinvestment. While the broadly diversified portfolio aims to manage risk, investors should note that micro-cap investments may involve considerably more risk than larger-cap investments.

NEW YORK, March 27, 2025 /PRNewswire/ --

• Average weekly trading volume of approximately 515,632 shares
• Fund's adviser has more than 50 years of small- and micro-cap investment experience

CLOSING PRICES AS OF 02/28/25
NAV	10.47
MKT	9.29

AVERAGE ANNUAL TOTAL RETURN AS OF 02/28/25	NAV (%)	MKT (%)
One-Month*	-6.27	-6.16
Year to Date*	-4.64	-4.72
One-Year	7.18	7.73
Three-Year	5.49	5.40
Five-Year	12.77	12.81
10-Year	8.82	8.77
*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	$746.1M
Weighted Average P/B2	1.9x
Net Assets	$540.4M
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)
Universal Technical Institute	1.7
Richardson Electronics	1.6
Sprott	1.5
Transcat	1.3
EZCORP Cl. A	1.3
Mesa Laboratories	1.3
BioLife Solutions	1.3
Major Drilling Group International	1.2
Lindsay Corporation	1.2
Powerfleet	1.2

TOP FIVE SECTORS	% OF NET ASSETS (SUBJECT TO CHANGE)
Industrials	23.2
Information Technology	21.9
Financials	16.9
Health Care	12.4
Consumer Discretionary	7.8

 

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.

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SOURCE Royce Micro-Cap Trust, Inc.

FAQ

What is the average weekly trading volume of Royce Micro-Cap Trust (RMT) as of February 2025?

Royce Micro-Cap Trust (RMT) maintains an average weekly trading volume of approximately 515,632 shares.

What is the market cap limit for companies in RMT's investment portfolio?

RMT invests primarily in companies with market capitalizations of $1 billion or less at the time of investment.

How can investors check RMT's daily net asset value (NAV)?

Investors can check RMT's daily NAV through the fund's website, online ticker symbol lookup services, or broker terminals under the symbol XOTCX.

What is the primary investment goal of Royce Micro-Cap Trust (RMT)?

RMT's primary investment goal is long-term capital growth through investing in micro-cap equity securities.

How much experience does RMT's adviser have in small- and micro-cap investments?

The fund's adviser has more than 50 years of experience in small- and micro-cap investment management.