Bank of America discloses 5,845,361 RVT shares, a 4.9% holding

Rhea-AI Filing Summary

Bank of America Corporation has updated its Schedule 13G/A reporting beneficial ownership of 5,845,361 shares of Royce Small-Cap Trust, Inc. common stock, representing 4.9% of the outstanding class as of September 30, 2025. Bank of America reports shared voting power over 49,955 shares and shared dispositive power over 5,845,361 shares, with no sole voting or dispositive power. The position is certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of Royce Small-Cap Trust.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

ROYCE SMALL-CAP TRUST, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

780910105

(CUSIP Number)

09/30/2025

(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. 780910105

1

Names of Reporting Persons

BANK OF AMERICA CORP /DE/

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 49,955.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,845,361.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,845,361.00

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)

4.9 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: This amendment replaces amendment 1 of the Schedule 13G filed on Friday, November 14, 2025, to update the number in "Aggregate Amount Beneficially Owned by Each Reporting Person".

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ROYCE SMALL-CAP TRUST, INC.
(b)	Address of issuer's principal executive offices: ONE MADISON AVENUE, ONE MADISON AVENUE, NEW YORK, NEW YORK, 10010.
Item 2.
(a)	Name of person filing: BANK OF AMERICA CORP /DE/
(b)	Address or principal business office or, if none, residence: 100 N TRYON ST CHARLOTTE, NC 28255
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 780910105
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: 5,845,361.00
(b)	Percent of class: 4.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 49,955.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 5,845,361.00
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.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. This statement on Schedule 13G is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries BofA Securities, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); Bank of America N.A., a bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); Merrill Lynch Pierce Fenner & Smith, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); and Merrill Lynch International, a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J).
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.

BANK OF AMERICA CORP /DE/

Signature:	/s/ Andres Ortiz
Name/Title:	Authorized Signatory
Date:	11/17/2025

FAQ

What stake in Royce Small-Cap Trust (RVT) does Bank of America report?

Bank of America Corporation reports beneficial ownership of 5,845,361 shares of Royce Small-Cap Trust, Inc. common stock, equal to 4.9% of the class.

What voting and dispositive powers does Bank of America have over RVT shares?

Bank of America reports shared voting power over 49,955 shares and shared dispositive power over 5,845,361 shares, with no sole voting or dispositive power.

Why did Bank of America file Amendment No. 2 related to Royce Small-Cap Trust?

The amendment replaces Amendment No. 1 to update the number in the line titled "Aggregate Amount Beneficially Owned by Each Reporting Person" to 5,845,361 shares.

Is Bank of America holding RVT shares to influence control of the company?

No. Bank of America certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Royce Small-Cap Trust.

When was the ownership position in Royce Small-Cap Trust measured for this Schedule 13G/A?

The reported ownership of 5,845,361 shares, or 4.9% of the class, relates to the event date of September 30, 2025.

How is Bank of America classified in this beneficial ownership report for RVT?

Bank of America is classified as an HC (parent holding company or control person) and reports on behalf of several wholly owned subsidiaries, including broker-dealer and bank entities.