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) 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.
Royce Small-Cap Trust (NYSE: RVT) performance and portfolio snapshot as of Dec 31, 2025. Closing NAV $17.69 and market price $16.10. One-year total return: NAV +14.03%, market +11.60%; three-year NAV annualized +16.03%. Net assets total $2.16B; average market cap (geometric) $3,334.9M; weighted harmonic P/E 19.1x and P/B 2.2x. Top sectors: Industrials (25.6%), Financials (20.8%), Information Technology (14.1%). Average weekly trading volume approximately 1,494,105 shares. The fund focuses at least 65% in small- and micro-cap equities and notes 14% of holdings had zero or negative earnings as of 12/31/25.
Royce Small-Cap Trust (NYSE: RVT) reported portfolio and performance data as of Nov 30, 2025, on Dec 23, 2025. Key metrics include NAV $18.23 and market price $16.25, with net assets $2.20B and an average weekly trading volume ~1,170,399 shares.
Performance highlights: One-month NAV +2.47% (market +1.56%), YTD NAV +13.69% (market +8.97%), and 10-year NAV annualized return 11.15%. Portfolio diagnostics show average market cap $3,409.4M, weighted P/E 19.4x, weighted P/B 2.2x, and top sector weight Industrials 24.9%. The fund invests primarily in small- and micro-cap equities and discloses that 13% of holdings had zero or negative earnings as of 11/30/25.
Royce Small-Cap Trust (NYSE:RVT) declared a fourth quarter common stock distribution of $0.54 per share, payable on December 24, 2025 to holders of record at the close on December 11, 2025 (ex-dividend December 11, 2025).
The distribution is payable in cash or additional shares by election; reinvestment share price will be determined on December 18, 2025. The Fund follows a quarterly Distribution Policy targeting an annual rate of 7% of the rolling four-quarter average NAV, with the Q4 payment at least 1.75% of that rolling average or the IRS minimum.
Estimated allocation for the Q4 $0.54: 5% net investment income, 24% short-term gains, 71% long-term gains. Year-to-date through Nov. 30, 2025 distributions total $1.42 per share, with the same allocation percentages and 0% return of capital. As of 11/30/2025 the Fund shows a 5-year average annual NAV return 9.66% and an annualized current distribution rate 11.85% of NAV.
Royce Small-Cap Trust (NYSE: RVT) reported portfolio and performance data as of Oct 31, 2025. Key figures include NAV $17.79, Market price $16.00, and Net assets $2.15B. The fund posted Year-to-Date NAV total return 10.95% and YTD market total return 7.30%; one-year total returns were NAV 13.89% and market 15.14%. Portfolio diagnostics show average market cap $3,328.5M, weighted P/E 18.3x, weighted P/B 2.2x, and 14% of holdings excluded from P/E for zero/negative earnings. Average weekly trading volume is ~1,137,181 shares. Daily NAVs are available on the fund website.
Royce Small-Cap Trust (NYSE: RVT) results as of 09/30/2025: NAV $17.86, Market Price $16.13, and Net Assets $2.15B. The fund reported multi‑period returns with a One-Year NAV +12.03%, Three-Year NAV +18.90%, and Five-Year NAV +12.70%. Portfolio diagnostics show an Average Market Cap $3,383.5M, weighted P/E 18.7x (excludes 14% of holdings with zero/negative earnings), and weighted P/B 2.3x. Average weekly trading volume is ~974,286 shares. The fund emphasizes small- and micro-cap equity exposure and notes that market price may trade at a discount to NAV and that small‑cap and foreign holdings involve higher risk.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, has reported its performance metrics as of August 31, 2025. The fund's Net Asset Value (NAV) stood at $17.98, while its market price was $16.06.
The fund demonstrated strong performance with a one-year return of 11.28% (NAV) and 12.63% (market price). Year-to-date returns were 10.17% and 5.81% for NAV and market price, respectively. With $2.15B in net assets, the fund maintains a diversified portfolio focused on small- and micro-cap companies, with its top sectors being Industrials (25.0%) and Financials (21.6%).
Royce Small-Cap Trust (NYSE:RVT) has announced a quarterly distribution of $0.29 per share on its Common Stock, payable on September 25, 2025, to stockholders of record as of September 12, 2025. The distribution follows the Fund's policy of paying quarterly distributions at an annual rate of 7% of the rolling average of prior four quarter-end NAVs.
The distribution sources include 90% from net realized long-term gains, 6% from net realized short-term gains, and 4% from net investment income. The Fund has demonstrated strong performance with a 5-year average annual total return of 11.76% and a cumulative total return of 10.17% for the fiscal year through August 31, 2025.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, reported its performance metrics as of July 31, 2025. The fund's Net Asset Value (NAV) stood at $17.06, while its market price was $15.18. RVT demonstrated strong performance with a three-year average annual return of 10.33% (NAV) and 7.12% (market price).
The fund manages $2.04 billion in net assets, with a portfolio focused on small- and micro-cap companies. The top sectors include Industrials (25.4%), Financials (22.5%), and Information Technology (14.4%). The fund's portfolio metrics show an average market cap of $3.2 billion, with weighted average P/E and P/B ratios of 18.5x and 2.1x respectively.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, reported its performance metrics as of June 30, 2025. The fund's NAV stood at $16.74 while its market price was $15.05. RVT demonstrated strong performance with a one-year total return of 10.37% (NAV) and 13.43% (market price).
The fund manages $2.00B in net assets with a portfolio focused on small- and micro-cap companies. Its top sectors include Industrials (24.4%) and Financials (23.3%). The fund maintains a diversified portfolio with its largest holding, IES Holdings, representing 1.8% of net assets. The portfolio's weighted average P/E ratio is 18.1x with an average market cap of $3.06B.