Royce Small-Cap Trust Stock Price, News & Analysis

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.

Royce Value Trust (NYSE-RVT) has announced a quarterly distribution of $0.32 per share on its Common Stock, payable on September 23, 2022, to shareholders of record as of September 12, 2022. The Fund follows a Distribution Policy of 7% of the average net asset values over four quarters, with potential returns of capital. For 2022, allocations include $0.0106 from net investment income, $0.0380 from short-term gains, and $0.2508 from long-term gains. The Fund's 5-year return stands at 7.72% with an annualized current distribution rate of 8.28%.

Royce Value Trust (NYSE-RVT) announced a quarterly distribution of $0.35 per share on June 1, 2022, to be paid on June 24, 2022. Stockholders of record by June 13, 2022, can choose to receive payments in cash or additional shares. The Fund also adheres to a 7% annual distribution policy, calculated based on the average net asset value (NAV) over four quarters. Notably, 78% of the distribution comprises long-term capital gains. Investors should be aware that part of the distribution may be a return of capital.