Royce Micro-Cap Trust (NYSE: RMT) as of Oct 31, 2025

Rhea-AI Summary

Royce Micro-Cap Trust (NYSE: RMT) provided portfolio and performance data as of Oct 31, 2025 with closing NAV of $11.89 and market price of $10.55. The fund reported one-year NAV return of 21.67% and year-to-date NAV return of 14.92%. Portfolio diagnostics show net assets $629.9M, average market cap $873.3M, weighted average P/B 2.1x, and net leverage 1.0%. Top sector exposures were Industrials (26.0%) and Information Technology (22.6%). Daily NAVs are available online and the fund trades under ticker RMT on NYSE.

Positive

• One-year NAV return of 21.67%
• Year-to-date NAV return of 14.92%
• Net assets of $629.9M
• Average market cap of $873.3M (micro-cap focus)

Negative

• Closing market price ($10.55) below NAV ($11.89)
• Fund invests in micro-cap companies, which may involve considerably more risk
• Top sector concentration: Industrials 26.0% and IT 22.6% (concentration risk)

NEW YORK, Nov. 24, 2025 /PRNewswire/ --

• Average weekly trading volume of approximately 610,929 shares
• Fund's adviser has more than 50 years of small- and micro-cap investment experience

CLOSING PRICES AS OF 10/31/25
NAV	11.89
MKT	10.55

AVERAGE ANNUAL TOTAL RETURN AS OF 10/31/25	NAV (%)	MKT (%)
One-Month*	1.02	1.54
Year to Date*	14.92	14.83
One-Year	21.67	22.79
Three-Year	16.07	15.30
Five-Year	14.30	15.71
10-Year	11.90	12.45
*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	$873.3M
Weighted Average P/B2	2.1x
Net Assets	$629.9M
Net Leverage	1.0 %

	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	1.3
Argan	1.3
NPK International	1.3
Camtek	1.3
NWPX Infrastructure	1.2
Ameresco Cl. A	1.2
Ichor Holdings	1.2
Bel Fuse Cl. B	1.2
Sprott	1.2
Nova	1.2

TOP FIVE SECTORS	% OF NET ASSETS (SUBJECT TO CHANGE)
Industrials	26.0
Information Technology	22.6
Financials	15.3
Health Care	12.1
Consumer Discretionary	9.0

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-oct-31-2025-302624856.html

SOURCE Royce Micro-Cap Trust, Inc.

FAQ

What were Royce Micro-Cap Trust (RMT) closing NAV and market price as of Oct 31, 2025?

Closing NAV $11.89 and market price $10.55 as of Oct 31, 2025.

What is RMT's one-year and year-to-date NAV performance as of Oct 31, 2025?

RMT reported a one-year NAV return of 21.67% and YTD NAV return of 14.92% as of Oct 31, 2025.

How large is Royce Micro-Cap Trust (RMT) in assets as of Oct 31, 2025?

The fund reported net assets of $629.9M as of Oct 31, 2025.

What is RMT's portfolio profile and average market cap as of Oct 31, 2025?

Portfolio diagnostics show an average market cap of $873.3M and a weighted average P/B of 2.1x.

Which sectors make up the biggest exposures in RMT as of Oct 31, 2025?

Top sector exposures were Industrials 26.0%, Information Technology 22.6%, and Financials 15.3%.

Where can investors find daily NAVs and more information for RMT?

Daily NAVs are available on the fund website and ticker lookup services; the fund trades on NYSE under RMT.