Royce Small-Cap Trust Stock Price, News & Analysis

Royce Value Trust, Inc. (NYSE:RVT) has announced a quarterly distribution of $0.27 per share on its Common Stock, payable on March 24, 2023. Shareholders can opt for cash or additional shares through a specific election, with the ex-dividend date set for March 10, 2023. The Trust's distribution policy reflects a 7% annual rate based on the rolling average of net asset values. Notably, a portion of the distribution may be classified as a return of capital. For the 2023 year-to-date, the estimated sources of distribution include net investment income, short-term and long-term gains, and return of capital, with 56% of the distribution potentially being a return of capital.

Royce Value Trust, Inc. (NYSE: RVT) announced a quarterly distribution of $0.29 per share for its Common Stock, payable on December 23, 2022. The record date for stockholders is December 12, 2022, with an ex-dividend date of December 9, 2022. The Fund's distribution policy pays out at an annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs). Notably, a portion of the distribution may represent a return of capital. The Fund's estimated allocations reveal significant reliance on long-term gains in its distribution.

Royce Value Trust, the oldest small-cap closed-end fund, reported as of August 31, 2022, a net asset value (NAV) of $15.45 and a market price of $15.18. The fund has experienced a 20.26% decline year-to-date and a 17.88% decrease over the past year. It primarily invests in small- and micro-cap companies, with net assets amounting to $1.67B and an average market cap of $2.408B. The fund has a weighted average P/E ratio of 13.8x and invests heavily across sectors, including Industrials and Information Technology.