NEW
YORK, Oct. 28, 2022 /PRNewswire/ --
- Average weekly trading volume of approximately 643,296
shares
- Fund's adviser has more than 40 years of small- and micro-cap
investment experience
CLOSING PRICES AS OF
09/30/22
|
NAV
|
|
9.01
|
MKT
|
|
7.93
|
|
AVERAGE ANNUAL TOTAL
RETURN AS OF 09/30/22
|
NAV
(%)
|
MKT
(%)
|
One-Month*
|
-9.23
|
-10.22
|
Year to
Date*
|
-25.76
|
-26.12
|
One-Year
|
-23.43
|
-23.34
|
Three-Year
|
8.99
|
8.29
|
Five-Year
|
5.65
|
5.14
|
10-Year
|
9.61
|
9.63
|
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 normally invests in 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.
PORTFOLIO
DIAGNOSTICS
|
|
Average Market
Cap1
|
$590.4M
|
Weighted Average
P/E2
|
12.2x
|
Weighted Average
P/B2
|
1.9x
|
Net Assets
|
$421.9M
|
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 (24% of portfolio holdings
as of 09/30/22). 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)
|
Transcat
|
2.6
|
PAR
Technology
|
1.9
|
Mesa
Laboratories
|
1.7
|
Major Drilling Group
International
|
1.6
|
Universal Logistics
Holdings
|
1.5
|
Sprott
|
1.5
|
Lindsay
Corporation
|
1.4
|
Agilysys
|
1.3
|
EVI
Industries
|
1.3
|
Clearfield
|
1.3
|
|
|
TOP FIVE
SECTORS
|
% OF NET ASSETS
(SUBJECT TO
CHANGE)
|
Industrials
|
21.3
|
Information
Technology
|
20.4
|
Financials
|
12.1
|
Health Care
|
11.6
|
Energy
|
8.9
|
Recent Developments
Royce Micro-Cap Trust, Inc. is a closed-end diversified
investment company whose shares of Common Stock (RMT) are listed
and traded on the New York Stock Exchange. The Fund's investment
goal is long-term capital growth, which it seeks by investing
primarily in equity securities of companies that, at the time of
investment, have market capitalization of $1
billion or less.
Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc.
are now available on our website and online through most ticker
symbol lookup services and on broker terminals under the symbol
XOTCX. For more information, please call The Royce Funds at (800)
221-4268 or visit our website at
www.royceinvest.com
An investor in Royce Micro-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.
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SOURCE Royce Micro-Cap Trust