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), the oldest and largest small-cap closed-end fund, reported strong performance as of November 30, 2024. The fund showed significant returns with a year-to-date increase of 21.20% in NAV and 20.98% in market price. The one-year returns were particularly impressive at 34.42% NAV and 34.17% market price.
The fund manages $2.19B in net assets, with a portfolio focused on small-cap and micro-cap companies. The top sectors include Industrials (24.5%), Financials (20.8%), and Information Technology (16.0%). The fund's average market cap is $3368.5M, with weighted average P/E of 18.6x and P/B of 2.3x.
Royce Small-Cap Trust (NYSE-RVT) has announced a fourth quarter distribution of $0.44 per share on its Common Stock, payable on December 23, 2024. The distribution follows the Fund's policy of quarterly payments at a 7% annual rate based on rolling average NAVs. The Fund reports strong performance metrics, including a 21.20% cumulative total return for the fiscal year through November 30, 2024, and a 12.01% average annual total return over the past five years. The distribution comprises 11% from net investment income, 88% from realized gains, and 1% return of capital.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, reported its performance as of October 31, 2024. The fund showed a one-year total return of 32.77% (NAV) and 36.32% (Market), with year-to-date returns of 9.73% and 10.08% respectively. The fund's net assets stand at $1.98B, with an average market cap of $3065.6M. The portfolio is primarily invested in Industrials (24.4%), Financials (20.5%), and Information Technology (16.2%). IES Holdings represents the largest position at 2.1% of net assets.
Royce Small-Cap Trust (NYSE: RVT) reported its performance as of September 30, 2024, showing strong year-to-date returns of 11.98% (NAV) and 14.08% (Market). The fund, with net assets of $2.02B, demonstrated impressive one-year returns of 26.97% (NAV) and 31.72% (Market). The portfolio maintains significant sector allocations in Industrials (25.4%), Financials (19.6%), and Information Technology (16.4%). The fund's average market cap is $3209.6M, with a weighted average P/E of 18.2x and P/B of 2.2x. IES Holdings leads the top holdings at 1.9% of net assets.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, reported its performance as of August 31, 2024. The fund's Net Asset Value (NAV) stood at $17.62, while its market price was $15.55. The fund showed positive year-to-date returns of 11.51% (NAV) and 10.98% (market price), and one-year returns of 19.48% (NAV) and 20.91% (market price).
The fund's portfolio diagnostics revealed an average market cap of $3165.8M and net assets of $2.03B. The top three sectors in the portfolio were Industrials (24.3%), Financials (20.0%), and Information Technology (16.9%). The fund's primary investment goal is long-term capital growth, focusing on small- and micro-cap companies.
Royce Small-Cap Trust (NYSE: RVT) has declared a quarterly distribution of $0.28 per share on its Common Stock, payable on September 23, 2024. 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. For the current distribution, 87% comes from net realized long-term gains, 13% from short-term gains, and a minimal amount from return of capital. The Fund's 5-year average annual total return is 11.95%, with a current annualized distribution rate of 6.36%. Year-to-date, RVT has achieved a cumulative total return of 11.51% and a cumulative fiscal year distribution rate of 4.71%.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, reported its performance as of July 31, 2024. The fund's Net Asset Value (NAV) stood at $17.79, while its market price was $16.01. RVT demonstrated strong performance across various timeframes, with notable one-year returns of 17.47% (NAV) and 20.33% (market price). The fund's portfolio is diversified across small-cap and micro-cap companies, with a focus on sectors such as Industrials (24.0%), Financials (19.7%), and Information Technology (17.3%). The fund's net assets totaled $2.05 billion, with an average market cap of $3172.7 million. Investors should note that while the fund offers potential for growth, it also carries risks associated with small-cap and micro-cap investments.
Royce Small-Cap Trust (NYSE: RVT), the oldest and largest small-cap closed-end fund, reported its performance as of June 30, 2024. The fund's Net Asset Value (NAV) stood at $16.54, while its market price was $14.47. RVT's year-to-date total return was 4.67% (NAV) and 3.27% (market price), with one-year returns of 13.94% (NAV) and 13.41% (market price). The fund's net assets totaled $1.91 billion, with a net leverage of 0.2%. RVT's portfolio focuses on small- and micro-cap companies, with top sectors including Industrials (24.3%), Financials (18.8%), and Information Technology (18.7%). The fund's advisor boasts over 50 years of small- and micro-cap investment experience.
The Royce Small-Cap Trust (NYSE: RVT), as of May 31, 2024, is the oldest and largest small-cap closed-end fund. It has an average weekly trading volume of 795,507 shares.
Closing prices on May 31, 2024, were $17.13 NAV and $14.92 market price. The fund's one-year return was 25.78% on NAV and 27.29% on market price. The five-year return was 11.93% on NAV and 11.62% on market price.
Net assets totaled $1.96 billion with an average market cap of $3,077.8 million. Top sectors include Industrials (24.9%) and Financials (18.6%). Major holdings are Alamos Gold Cl. A and IES Holdings.
The fund's investment strategy focuses on small- and micro-cap companies for long-term capital growth. Risks include market price fluctuations and foreign security risks.
Royce Small-Cap Trust (NYSE-RVT) has declared a second-quarter distribution of $0.28 per share on its common stock, payable in cash or additional shares on June 24, 2024. The distribution follows the Fund's policy of quarterly payouts at an annual rate of 7% based on the average NAV of the past four quarters. The distribution, mostly derived from long-term gains (77%), reflects a solid performance with an 11.93% average annual return over five years. Investors should note that these figures are estimates and the actual tax implications will be detailed in the Form 1099-DIV.