Key Details
Price
$10.35Last Dividend
$0.18Annual ROE
14.00%Beta
1.21Events Calendar
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Sept 13, 2024Next split:
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RMT is a closed-end fund that primarily invests in the Micro-Cap space and invests in companies that have the potential to provide high growth. Besides growth potential, currently, the fund yields nearly 8% (including year-end specials), making it a good investment for income investors. With interest rates set to decline, even if at a slower pace than previously thought, this fund is likely to do well in 2025.
NEW YORK , Oct. 28, 2024 /PRNewswire/ -- Average weekly trading volume of approximately 447,619 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 09/30/24 NAV 10.84 MKT 9.61 AVERAGE ANNUAL TOTAL RETURN AS OF 09/30/24 NAV (%) MKT (%) One-Month* -0.68 0.01 Year to Date* 9.60 10.10 One-Year 23.38 25.89 Three-Year 3.10 3.39 Five-Year 13.13 12.85 10-Year 9.64 9.20 *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.
NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly distribution of $0.18 per share on its Common Stock.
Royce Micro Cap Trust follows a value investing approach and has outperformed over the long run. Despite market focus on the AI investment theme, the RMT closed-end fund has quietly delivered 30% returns since October. Looking forward, valuations in small-caps remain reasonable. However, there is rising market risk, as the mega-cap/small-cap dispersion trade is unwound.
NEW YORK , June 3, 2024 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly distribution of $0.18 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on June 24, 2024 to stockholders of record at the close of business on June 13, 2024 (ex-dividend on June 13, 2024).
Average weekly trading volume of approximately 549,219 shares. Fund's adviser has more than 50 years of small- and micro-cap investment experience.
Interest rates are predicted to ease in 2024, benefiting small-cap companies via lower interest expenses. Royce Micro Cap Trust has seen a 20% increase since late October 2023. RMT has a diversified portfolio of micro-cap stocks and has outperformed the Russell Microcap index in the long term.
The Royce Micro-Cap Trust is an outstanding equity CEF that consistently outperforms the index, making it a preferable choice for investors. RMT focuses on micro-cap stocks, which can present attractive opportunities for active managers. RMT's portfolio is focused on tech and industrial companies, with the majority of holdings coming from the U.S.
The Royce Micro-Cap Trust is a well-managed closed-end fund that focuses on micro-cap stocks. The RMT has outperformed the Russell 2000 index on most time frames and has a strong return history. Comparing between RMT and RVT, the RMT is more suitable for aggressive investors as it delivers superior returns with market-like risks.
Royce Micro Cap Trust is an actively managed CEF that focuses on micro cap stocks and has a good track record of outperformance even during bear markets. The fund's strategy includes applying fundamental analysis to determine fair value of a stock and investing in it only if the current valuation warrants a margin of safety. The fund is managed by Chuck Royce, who has extensive experience in the field, but he may be close to retiring.
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