Royce Small-Cap Trust (NYSE: RVT) as of Jun 30, 2026

Q: What were Royce Small-Cap Trust (RVT) NAV and market price on June 30, 2026?

Royce Small-Cap Trust reported a NAV of $21.21 and a market price of $18.47 as of June 30, 2026. According to Royce Small-Cap Trust, these closing prices reflect total return performance net of advisory fees and including reinvested distributions.

Q: How has Royce Small-Cap Trust (NYSE: RVT) performed over 1 year and 10 years?

Over one year, RVT delivered a 38.11% NAV total return and 33.77% market return. Over 10 years, NAV and market returns were 13.31% and 13.75% annually. According to Royce, all returns are net of advisory fees and include reinvested distributions.

Q: What are the main portfolio characteristics of Royce Small-Cap Trust (RVT) in 2026?

As of June 30, 2026, RVT had net assets of $2.64 billion , average market cap of $4.114 billion , a weighted P/E of 20.5x , and P/B of 2.7x . According to Royce Small-Cap Trust, these metrics are calculated using geometric and harmonic averages.

Q: Which sectors and holdings dominate the Royce Small-Cap Trust (RVT) portfolio?

Industrials at 26.9% and Financials at 19.1% are RVT’s largest sectors, followed by Information Technology at 16.2% . According to Royce, top positions include IES Holdings (3.4% of net assets) and several other diversified small-cap holdings.

Rhea-AI Impact

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Rhea-AI Summary

Royce Small-Cap Trust (NYSE: RVT), described as the oldest and largest small-cap closed-end fund, reported a net asset value (NAV) of $21.21 and a market price of $18.47 as of June 30, 2026.

Average annual total returns at NAV were 6.24% for one month*, 24.23% year to date*, 38.11% for one year, 20.21% for three years, 9.44% for five years, and 13.31% for 10 years (market price returns: 1.23%, 18.86%, 33.77%, 19.83%, 8.62%, and 13.75%, respectively; *not annualized).

Portfolio diagnostics show an average market cap of $4.114 billion, weighted average P/E of 20.5x, weighted average P/B of 2.7x, and net assets of $2.64 billion. Top positions include IES Holdings (3.4% of net assets), with Industrials (26.9%) and Financials (19.1%) as leading sectors. The fund emphasizes long-term capital growth through small- and micro-cap stocks and highlights risks from small-cap, foreign, and closed-end fund structures.

Positive

1-year NAV total return 38.11% as of 06/30/26
Year-to-date NAV return 24.23% as of 06/30/26
10-year annualized NAV return 13.31% as of 06/30/26
Net assets $2.64 billion as of 06/30/26
Average weekly trading volume approximately 1,965,812 shares
Adviser experience more than 50 years in small- and micro-cap investing

Negative

Closed-end fund may trade at discount to NAV
Focus on small- and micro-caps increases volatility and risk
Up to 15% of holdings have zero or negative earnings
Foreign securities exposure adds political, economic, and currency risks

News Market Reaction – RVT

-0.39%

-0.39% Session close to close

In the Jul 23 session, RVT declined 0.39%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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07/23/2026 - 02:56 PM

NEW YORK, July 23, 2026 /PRNewswire/ --

Oldest and largest small-cap closed-end fund
Average weekly trading volume of approximately 1,965,812 shares
Fund's adviser has more than 50 years of small- and micro-cap investment experience

CLOSING PRICES AS OF 06/30/26
NAV	21.21
MKT	18.47

AVERAGE ANNUAL TOTAL RETURN AS OF 06/30/26	NAV (%)	MKT (%)
One-Month*	6.24	1.23
Year to Date*	24.23	18.86
One-Year	38.11	33.77
Three-Year	20.21	19.83
Five-Year	9.44	8.62
10-Year	13.31	13.75
*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 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 U.S. investments.

PORTFOLIO DIAGNOSTICS
Average Market Cap¹	$4114.0M
Weighted Average P/E²	20.5x
Weighted Average P/B²	2.7x
Net Assets	$2.64B

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 (15% of portfolio holdings as of 06/30/26). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.

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 CHANGE)
IES Holdings	3.4
Assured Guaranty	1.1
Quaker Houghton	1.1
APi Group	1.1
JFrog	1.0
Arcosa	1.0
Element Solutions	1.0
International General Insurance Holdings	1.0
Dorman Products	0.9
SEI Investments	0.9

TOP FIVE SECTORS	% OF NET ASSETS (SUBJECT TO CHANGE)
Industrials	26.9
Financials	19.1
Information Technology	16.2
Consumer Discretionary	10.1
Health Care	8.5

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 65% of its assets in equity securities primarily of small- and micro-cap companies.

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-jun-30-2026-302833614.html

SOURCE Royce Small Cap Trust

FAQ

What were Royce Small-Cap Trust (RVT) NAV and market price on June 30, 2026?

Royce Small-Cap Trust reported a NAV of $21.21 and a market price of $18.47 as of June 30, 2026. According to Royce Small-Cap Trust, these closing prices reflect total return performance net of advisory fees and including reinvested distributions.

How has Royce Small-Cap Trust (NYSE: RVT) performed over 1 year and 10 years?

Over one year, RVT delivered a 38.11% NAV total return and 33.77% market return. Over 10 years, NAV and market returns were 13.31% and 13.75% annually. According to Royce, all returns are net of advisory fees and include reinvested distributions.

What are the main portfolio characteristics of Royce Small-Cap Trust (RVT) in 2026?

As of June 30, 2026, RVT had net assets of $2.64 billion, average market cap of $4.114 billion, a weighted P/E of 20.5x, and P/B of 2.7x. According to Royce Small-Cap Trust, these metrics are calculated using geometric and harmonic averages.

Which sectors and holdings dominate the Royce Small-Cap Trust (RVT) portfolio?

Industrials at 26.9% and Financials at 19.1% are RVT’s largest sectors, followed by Information Technology at 16.2%. According to Royce, top positions include IES Holdings (3.4% of net assets) and several other diversified small-cap holdings.

What risks does Royce Small-Cap Trust (NYSE: RVT) highlight for investors?

RVT highlights risks from small- and micro-cap investing, potential discounts to NAV, and foreign exposure. According to Royce Small-Cap Trust, these include higher volatility, political and currency risks abroad, and market risk in the underlying portfolio securities of the closed-end fund.

What is the investment objective and trading profile of Royce Small-Cap Trust (RVT)?

RVT is a closed-end diversified management investment company seeking long-term capital growth via small- and micro-cap equities. Its common shares trade on the NYSE under RVT, with average weekly volume around 1,965,812 shares. According to Royce, daily NAVs are available under symbol XRVTX.