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Royce Micro-Cap Trust (RMT) Stock

Profile

Country:

United States

IPO:

15 December 1993

Indexes:

Not included

Description:

Royce Micro-Cap Trust (RMT) is an investment fund focused on small-cap stocks, primarily investing in micro-cap companies. It aims to provide long-term capital appreciation by identifying undervalued firms with growth potential, leveraging the expertise of Royce & Associates in managing micro-cap investments.

Key Details

Price

$10.35

TTM Dividend Yield

7.25%(-19.71% YoY)

Annual Revenue

$73.91 M(+172.58% YoY)

Beta

1.21

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 13, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

No data about analysts updates

Market Data

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Institutional Ownership

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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.

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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.

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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.

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Second Quarter Common Stock Distribution of $0.18 Per Share
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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).

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Average weekly trading volume of approximately 549,219 shares. Fund's adviser has more than 50 years of small- and micro-cap investment experience.

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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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FAQ

  • What is the primary business of Royce Micro-Cap Trust?
  • What is the ticker symbol for Royce Micro-Cap Trust?
  • Does Royce Micro-Cap Trust pay dividends?
  • What sector is Royce Micro-Cap Trust in?
  • What industry is Royce Micro-Cap Trust in?
  • What country is Royce Micro-Cap Trust based in?
  • When did Royce Micro-Cap Trust go public?
  • Is Royce Micro-Cap Trust in the S&P 500?
  • Is Royce Micro-Cap Trust in the NASDAQ 100?
  • Is Royce Micro-Cap Trust in the Dow Jones?
  • When does Royce Micro-Cap Trust report earnings?

What is the primary business of Royce Micro-Cap Trust?

Royce Micro-Cap Trust (RMT) is an investment fund focused on small-cap stocks, primarily investing in micro-cap companies. It aims to provide long-term capital appreciation by identifying undervalued firms with growth potential, leveraging the expertise of Royce & Associates in managing micro-cap investments.

What is the ticker symbol for Royce Micro-Cap Trust?

The ticker symbol for Royce Micro-Cap Trust is NYSE:RMT

Does Royce Micro-Cap Trust pay dividends?

Yes, Royce Micro-Cap Trust pays dividends. The last payment was $0.18, with an ex-dividend date on 13 September 2024

What sector is Royce Micro-Cap Trust in?

Royce Micro-Cap Trust is in the Financial Services sector

What industry is Royce Micro-Cap Trust in?

Royce Micro-Cap Trust is in the Asset Management industry

What country is Royce Micro-Cap Trust based in?

Royce Micro-Cap Trust is headquartered in United States

When did Royce Micro-Cap Trust go public?

Royce Micro-Cap Trust's initial public offering (IPO) was on 15 December 1993

Is Royce Micro-Cap Trust in the S&P 500?

No, Royce Micro-Cap Trust is not included in the S&P 500 index

Is Royce Micro-Cap Trust in the NASDAQ 100?

No, Royce Micro-Cap Trust is not included in the NASDAQ 100 index

Is Royce Micro-Cap Trust in the Dow Jones?

No, Royce Micro-Cap Trust is not included in the Dow Jones index

When does Royce Micro-Cap Trust report earnings?

The date for Royce Micro-Cap Trust's next earnings report has not been announced yet