Royce Small-Cap Trust (NYSE: RVT) as of Jul 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), il più antico e grande fondo chiuso dedicato alle small cap, ha comunicato i risultati aggiornati al 31 luglio 2025. Il Valore Patrimoniale Netto (NAV) era pari a $17,06, mentre il prezzo di mercato si attestava a $15,18. RVT ha registrato performance solide con un rendimento medio annuo a tre anni del 10,33% (NAV) e del 7,12% (prezzo di mercato).
Il fondo gestisce $2,04 miliardi di attivi netti e ha un portafoglio concentrato su società small e micro cap. I principali settori sono Industriali (25,4%), Servizi finanziari (22,5%) e Tecnologia dell'informazione (14,4%). Le metriche di portafoglio indicano una capitalizzazione media di mercato di $3,2 miliardi, con P/E e P/B medi ponderati pari rispettivamente a 18,5x e 2,1x.
Royce Small-Cap Trust (NYSE: RVT), el fondo cerrado de small caps más antiguo y grande, informó sus métricas al 31 de julio de 2025. El Valor Neto de los Activos (NAV) era de $17,06, mientras que el precio de mercado fue $15,18. RVT mostró un sólido desempeño con una rentabilidad media anual a tres años del 10,33% (NAV) y del 7,12% (precio de mercado).
El fondo gestiona $2,04 mil millones en activos netos, con una cartera centrada en empresas small y micro cap. Los principales sectores son Industriales (25,4%), Financieros (22,5%) y Tecnología de la Información (14,4%). Las métricas de la cartera muestran una capitalización media de mercado de $3,2 mil millones, con ratios P/E y P/B ponderados de 18,5x y 2,1x, respectivamente.
Royce Small-Cap Trust (NYSE: RVT), 가장 오래되고 규모가 큰 스몰캡 폐쇄형 펀드가 2025년 7월 31일 기준 실적을 발표했습니다. 펀드의 순자산가치(NAV)는 $17.06, 시장가격은 $15.18였습니다. RVT는 3년 연평균 수익률이 NAV 기준 10.33% 및 시장가격 기준 7.12%로 견조한 성과를 보였습니다.
이 펀드는 총 $2.04억(달러) 순자산을 운용하며 스몰·마이크로캡 기업에 집중 투자합니다. 주요 섹터는 산업재(25.4%), 금융(22.5%), 정보기술(14.4%)입니다. 포트폴리오 지표는 평균 시가총액 $32억(3.2 billion), 가중 평균 P/E와 P/B 비율이 각각 18.5배, 2.1배임을 보여줍니다.
Royce Small-Cap Trust (NYSE: RVT), le fonds fermé small-cap le plus ancien et le plus important, a publié ses indicateurs au 31 juillet 2025. La valeur nette d'inventaire (NAV) s'établissait à $17,06, tandis que le prix de marché était de $15,18. RVT a affiché de bonnes performances avec un rendement moyen annualisé sur trois ans de 10,33% (NAV) et de 7,12% (prix de marché).
Le fonds gère $2,04 milliards d'actifs nets, avec un portefeuille axé sur les petites et micro-capitalisations. Les principaux secteurs sont industriel (25,4%), services financiers (22,5%) et technologies de l'information (14,4%). Les indicateurs du portefeuille montrent une capitalisation moyenne de $3,2 milliards, avec des ratios P/E et P/B pondérés de 18,5x et 2,1x respectivement.
Royce Small-Cap Trust (NYSE: RVT), der älteste und größte geschlossene Small-Cap-Fonds, berichtete seine Kennzahlen zum 31. Juli 2025. Der Nettoinventarwert (NAV) lag bei $17,06, während der Marktpreis $15,18 betrug. RVT erzielte eine starke Performance mit einer drei-Jahres-durchschnittlichen Jahresrendite von 10,33% (NAV) und 7,12% (Marktpreis).
Der Fonds verwaltet $2,04 Milliarden Nettovermögen und konzentriert sein Portfolio auf Small- und Micro-Cap-Unternehmen. Die Top-Sektoren sind Industrie (25,4%), Finanzwesen (22,5%) und Informationstechnologie (14,4%). Die Portfoliokennzahlen zeigen eine durchschnittliche Marktkapitalisierung von $3,2 Milliarden sowie gewichtete Durchschnittsverhältnisse von KGV (P/E) 18,5x und KBV (P/B) 2,1x.
- Strong three-year average annual return of 10.33% (NAV)
- Substantial assets under management of $2.04B
- Well-diversified portfolio across key sectors
- Consistent long-term performance with 10-year returns above 10% for both NAV and market price
- Current market price trading at a discount to NAV ($15.18 vs $17.06)
- Year-to-date market return of only 0.02% significantly underperforms NAV return of 4.53%
- 13% of portfolio holdings have zero or negative earnings
- Oldest and largest small-cap/articles/market-capitalization-explained" title="Read: What Is Market Capitalization and How It Is Calculated" class="article-link" rel="noopener">small-cap closed-end fund
- Average weekly trading volume of approximately 1,343,647 shares
- Fund's adviser has more than 50 years of small- and micro-cap/articles/market-capitalization-explained" title="Read: What Is Market Capitalization and How It Is Calculated" class="article-link" rel="noopener">micro-cap investment experience
CLOSING PRICES AS OF 07/31/25 | |
NAV | 17.06 |
MKT | 15.18 |
AVERAGE ANNUAL TOTAL RETURN AS OF 07/31/25 | NAV (%) | MKT (%) |
One-Month* | 1.91 | 0.86 |
Year to Date* | 4.53 | 0.02 |
One-Year | 4.58 | 3.40 |
Three-Year | 10.33 | 7.12 |
Five-Year | 11.24 | 11.98 |
10-Year | 10.05 | 10.41 |
*Not Annualized
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the recent month-end may be obtained at www.royceinvest.com. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund invests primarily in securities of small-cap/articles/market-capitalization-explained" title="Read: What Is Market Capitalization and How It Is Calculated" class="article-link" rel="noopener">small-cap and micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency, and other risks not encountered in
PORTFOLIO DIAGNOSTICS | |
Average Market Cap1 | |
Weighted Average P/E2 | 18.5x |
Weighted Average P/B2 | 2.1x |
Net Assets |
1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-Earnings, or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Portfolio Composition
TOP 10 POSITIONS | % OF NET ASSETS (SUBJECT TO |
IES Holdings | 2.1 |
Assured Guaranty | 1.4 |
APi Group | 1.2 |
PAR Technology | 1.2 |
SEI Investments | 1.1 |
E-L Financial | 1.1 |
Impinj | 1.1 |
International General Insurance Holdings | 1.1 |
Haemonetics Corporation | 1.0 |
Brady Corporation Cl. A | 1.0 |
TOP FIVE SECTORS | % OF NET ASSETS (SUBJECT TO |
Industrials | 25.4 |
Financials | 22.5 |
Information Technology | 14.4 |
Consumer Discretionary | 9.7 |
Health Care | 9.3 |
Recent Developments
Royce Small-Cap Trust is a closed-end diversified management investment company whose shares of Common Stock (RVT) are listed and traded on the New York Stock Exchange. Its primary investment goal is long-term capital growth, which it seeks by investing at least
Daily net asset values (NAVs) for Royce Small-Cap Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRVTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com.
An investor in Royce Small-Cap Trust should consider the Fund's investment goals, risks, fees, and expenses carefully before investing.
Important Disclosure Information
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds.
View original content:https://www.prnewswire.com/news-releases/royce-small-cap-trust-nyse-rvt-as-of-jul-31-2025-302544143.html
SOURCE Royce Value Trust, Inc.
FAQ
What is the current NAV of Royce Small-Cap Trust (RVT) as of July 31, 2025?
How has RVT performed over the past three years?
What are the top sectors in RVT's portfolio?
What is the size of RVT's assets and average market cap of its holdings?
Who is RVT's largest portfolio holding as of July 31, 2025?
