Raymond James reports 2.7% Royce Global Trust (RGT) ownership stake

Rhea-AI Filing Summary

Raymond James & Associates, an investment adviser, filed an amended Schedule 13G reporting beneficial ownership of 166,794.17 shares of Royce Global Trust, Inc. common stock, representing 2.7% of the class as of the reported date. The firm reports no sole or shared voting power over these shares, but sole dispositive power over the full amount.

Raymond James states that the securities were acquired and are held in the ordinary course of business and not with the purpose or effect of changing or influencing control of Royce Global Trust, nor in connection with any such transaction other than activities solely in connection with a nomination under the specified proxy rule.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 10)

ROYCE GLOBAL TRUST, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

78081T104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 78081T104

1

Names of Reporting Persons

RAYMOND JAMES & ASSOCIATES

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 166,794.17
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

166,794.17

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.7 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ROYCE GLOBAL TRUST, INC.
(b)	Address of issuer's principal executive offices: ONE MADISON AVENUE, NEW YORK, NEW YORK, 10010
Item 2.
(a)	Name of person filing: RAYMOND JAMES & ASSOCIATES
(b)	Address or principal business office or, if none, residence: 880 CARILLON PARKWAY, ST PETERSBURG FL 33716
(c)	Citizenship: US
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 78081T104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 166,794.17
(b)	Percent of class: 2.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 166,794.17
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

RAYMOND JAMES & ASSOCIATES

Signature:	Rachel Jacobson
Name/Title:	Manager, Operations
Date:	01/07/2026

FAQ

What ownership did Raymond James report in Royce Global Trust (RGT)?

Raymond James & Associates reported beneficial ownership of 166,794.17 shares of Royce Global Trust, Inc. common stock, representing 2.7% of the class.

Does Raymond James have voting power over its Royce Global Trust (RGT) shares?

No. Raymond James reported 0 shares with sole voting power and 0 shares with shared voting power in Royce Global Trust, Inc.

What kind of control does Raymond James have over its RGT position?

Raymond James reported sole dispositive power over 166,794.17 shares of Royce Global Trust, Inc. common stock and no shared dispositive power.

Is Raymond James’ stake in Royce Global Trust (RGT) above 5%?

No. The filing states that Raymond James’ beneficial ownership of Royce Global Trust, Inc. common stock is 2.7% of the class, which is 5 percent or less.

Is Raymond James’ investment in Royce Global Trust (RGT) passive or for control purposes?

Raymond James certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Royce Global Trust, Inc.

Who is the reporting person on this Royce Global Trust (RGT) Schedule 13G/A?

The reporting person is Raymond James & Associates, an investment adviser organized in the United States, with its principal office at 880 Carillon Parkway, St. Petersburg, FL 33716.