Welcome to our dedicated page for Royce Small-Cap Trust news (Ticker: RVT), a resource for investors and traders seeking the latest updates and insights on Royce Small-Cap Trust stock.
Royce Small-Cap Trust, Inc. is a diversified closed-end management investment company whose common stock trades on the New York Stock Exchange under RVT. The fund seeks long-term capital growth and, under normal circumstances, invests at least 80% of net assets in equity securities of small-cap companies.
The fund's announcements primarily cover quarterly common stock distributions, stock-or-cash election mechanics, estimated distribution sources, NAV-based distribution policy details, and fund performance and distribution-rate information. Its public record also reflects the completed 2024 name change from Royce Value Trust and the related small-cap investment policy update.
Royce Small-Cap Trust (NYSE: RVT) declared a third-quarter 2026 common stock distribution of $0.33 per share, payable September 29, 2026 to shareholders of record and ex-dividend on September 11, 2026. Holders may elect cash or additional shares; reinvestment share price will be set on September 18, 2026.
According to Royce Small-Cap Trust, the fund follows a quarterly distribution policy targeting an annual rate of 7% of the rolling average of the prior four quarter-end NAVs. For this $0.33 distribution, estimated sources are 1% net investment income, 22% net realized short-term gains, and 77% net realized long-term gains, with no return of capital. Year-to-date through August 31, 2026, total distributions of $0.94 per share have the same estimated mix and also show no return of capital.
The fund reports a 5-year average annual total return on NAV of 8.72%, a current annualized distribution rate of 6.45% of NAV, a fiscal-year-to-date cumulative total return of 19.89%, and a cumulative fiscal-year distribution rate of 4.59% of NAV as of August 31, 2026.
Royce Small-Cap Trust (NYSE: RVT) reported key metrics as of July 31, 2026. The closed-end small-cap fund’s net asset value (NAV) was $20.63 per share, while the market price was $18.09, indicating trading at a discount to NAV.
Average annual total returns at NAV were -2.73% for one month (not annualized), 20.83% year-to-date (not annualized), 31.81% for one year, 17.43% for three years, 9.11% for five years, and 12.45% for ten years. Market-price returns were similar, with a 10-year figure of 12.64%. According to Royce Small-Cap Trust, net assets totaled $2.56 billion, with a geometric average market cap of $3,833.2 million, weighted average P/E of 19.3x, and P/B of 2.6x.
The top 10 positions, led by IES Holdings (3.6% of net assets), are diversified across sectors. The five largest sectors were Industrials (27.2%), Financials (20.0%), Information Technology (14.3%), Consumer Discretionary (10.7%), and Health Care (8.8%). The fund seeks long-term capital growth by investing at least 65% of assets in small- and micro-cap equities and notes higher risks from small-cap and foreign exposures.
Royce Small-Cap Trust (NYSE: RVT), described as the oldest and largest small-cap closed-end fund, reported a net asset value (NAV) of $21.21 and a market price of $18.47 as of June 30, 2026.
Average annual total returns at NAV were 6.24% for one month*, 24.23% year to date*, 38.11% for one year, 20.21% for three years, 9.44% for five years, and 13.31% for 10 years (market price returns: 1.23%, 18.86%, 33.77%, 19.83%, 8.62%, and 13.75%, respectively; *not annualized).
Portfolio diagnostics show an average market cap of $4.114 billion, weighted average P/E of 20.5x, weighted average P/B of 2.7x, and net assets of $2.64 billion. Top positions include IES Holdings (3.4% of net assets), with Industrials (26.9%) and Financials (19.1%) as leading sectors. The fund emphasizes long-term capital growth through small- and micro-cap stocks and highlights risks from small-cap, foreign, and closed-end fund structures.
Royce Small-Cap Trust (NYSE: RVT), described as the oldest and largest small-cap closed-end fund, reported key metrics as of 05/31/26. Closing NAV was $20.31 and market price $18.56, with net assets of $2.50 billion.
Average annual total return at NAV was 35.93% for 1-year and 12.64% for 10-year. The portfolio’s average market cap was $3,862.1 million, with weighted P/E of 19.6x and P/B of 2.6x. Top sectors were Industrials, Financials, and Information Technology.
Royce Small-Cap Trust (NYSE:RVT) declared a second-quarter common stock distribution of $0.31 per share, payable June 29, 2026, to shareholders of record and ex-dividend on June 11, 2026. Holders may receive cash or shares, with reinvestment pricing set on June 18, 2026.
The fund’s distribution policy targets 7% annually of the rolling average of the prior four quarter-end NAVs. For this distribution, estimated sources are 1% net investment income, 22% net realized short-term gains, and 77% net realized long-term gains, with no return of capital.
Royce Small-Cap Trust (NYSE: RVT) reported key data as of April 30, 2026. The closed-end small-cap fund’s NAV was $19.90 and market price $18.40, with average weekly trading volume of about 885,839 shares.
Average annual total returns at NAV were 42.25% for 1-year, 19.82% for 3-year, 7.79% for 5-year, and 12.57% for 10-year. Net assets were $2.45 billion, with an average portfolio market cap of about $3.7 billion. Top sectors were Industrials, Financials, Information Technology, Consumer Discretionary, and Health Care.
Royce Small-Cap Trust (NYSE: RVT) reported portfolio and performance data as of 03/31/26. NAV was $18.09 and market price was $16.60. One-year total returns were NAV 27.47% and market 27.41%. Net assets totaled $2.23B; average market cap was $3,295.3M.
Quarter metrics include one-month NAV -5.85% and YTD NAV 4.15%. Top sectors: Industrials 26.7% and Financials 19.7%.
Royce Small-Cap Trust (NYSE: RVT) reports performance and portfolio data as of 02/28/26. NAV $19.57, market price $18.36. One-year total return: NAV +29.66%, market +31.94%. Year-to-date NAV is +10.63%. Net assets: $2.39B. Portfolio: average market cap $3,596.3M, weighted P/E 19.5x, P/B 2.4x. Top sectors: Industrials 26.5%, Financials 19.0%, Information Technology 13.2%. Average weekly trading volume approximately 1,600,196 shares. Fund focuses on small- and micro-cap equities and notes 15% of holdings had zero or negative earnings as of 02/28/26.
Royce Small-Cap Trust (NYSE:RVT) declared a quarterly common stock distribution of $0.30 per share, payable March 30, 2026, to holders of record at the close of business March 12, 2026 (ex-dividend March 12, 2026).
Shareholders may elect cash or reinvestment; reinvestment pricing will be determined March 20, 2026. The Fund uses a quarterly Distribution Policy targeting an annual rate of 7% of the rolling four-quarter average NAV (fourth-quarter minimums apply). Estimated allocation: 0% net investment income, 32% net realized short-term gains, 68% net realized long-term gains. Performance: 5-year average annual return 8.27%; annualized current distribution rate 6.13% as of 2/28/2026.
Royce Small-Cap Trust (NYSE: RVT) reported closing NAV of $18.82 and market price of $17.37 as of 01/31/26, with net assets of $2.30B and an average market cap of $3,498.7M. One-year total return was 18.73% (NAV) and market one-year return was 16.85%. Top sectors: Industrials 26.2% and Financials 19.7%. Portfolio P/E was 20.0x (excludes 14% with zero/negative earnings).
Fund emphasizes small- and micro-cap equity focus and notes market-price volatility versus NAV; daily NAVs available under ticker XRVTX.