RMT

Royce Micro-Cap Trust
RMT

$9.67

2.22%

Market Cap: $490M

About: Royce Micro-Cap Trust Inc is a diversified closed-end investment company. The company is engaged in investing in micro-cap securities. It invests in the consumer discretionary sector including auto components, automobiles, diversified consumer services, hotels, restaurants and leisure, household durables, internet and catalog retail, leisure products, media, multiline retail, textiles, apparels, and luxury goods, Consumer staples sector including beverages, food, and staples retailing, food products, and personal products, Energy sector including energy equipment and services, and oil, gas, and consumable fuels. The company also invests in other sectors including healthcare, financials, industrials, IT, telecommunications, and materials.

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Funds holding %

of 6,710 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]

32% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 25

0% more funds holding

Funds holding: 88 [Q1] → 88 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

11% less capital invested

Capital invested by funds: $150M [Q1] → $134M (-$15.8M) [Q2]

15.48% less ownership

Funds ownership: 45.5% [Q1] → 30.02% (-15.48%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for RMT.

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Financial journalist opinion

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

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, Inc. (NYSE-RMT) declares Third Quarter Common Stock Distribution of $0.18 Per Share

Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2024

NEW YORK , Aug. 28, 2024 /PRNewswire/ -- Average weekly trading volume of approximately 504,885 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 07/31/24 NAV 11.19 MKT 9.93 AVERAGE ANNUAL TOTAL RETURN AS OF 07/31/24 NAV (%) MKT (%) One-Month* 5.97 8.05 Year to Date* 11.04 11.66 One-Year 16.06 16.83 Three-Year 2.75 2.94 Five-Year 12.92 13.05 10-Year 9.58 9.26 *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.

Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2024

RMT: Stay Invested But Mind The Exit

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.

RMT: Stay Invested But Mind The Exit

Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2024

NEW YORK , June 24, 2024 /PRNewswire/ -- Average weekly trading volume of approximately 392,673 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 05/31/24 NAV 11.13 MKT 9.69 AVERAGE ANNUAL TOTAL RETURN AS OF 05/31/24 NAV (%) MKT (%) One-Month* 9.01 9.12 Year to Date* 8.31 6.85 One-Year 28.01 28.77 Three-Year 1.91 1.22 Five-Year 13.87 13.42 10-Year 9.32 8.85 *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.

Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2024

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

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).

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

Royce Micro-Cap Trust (NYSE: RMT) as of Apr 30, 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.

Royce Micro-Cap Trust (NYSE: RMT) as of Apr 30, 2024

Royce Micro-Cap Trust (NYSE: RMT) as of Mar 31, 2024

NEW YORK , April 26, 2024 /PRNewswire/ -- Average weekly trading volume of approximately 538,245 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 03/31/24 NAV 10.75 MKT 9.45 AVERAGE ANNUAL TOTAL RETURN AS OF 03/31/24 NAV (%) MKT (%) One-Month* 3.62 3.20 Year to Date* 4.61 4.20 One-Year 18.85 16.99 Three-Year 2.75 3.03 Five-Year 12.02 11.74 10-Year 8.51 8.60 *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.

Royce Micro-Cap Trust (NYSE: RMT) as of Mar 31, 2024

Royce Micro Cap Trust: 13% Discount, 7% Yield

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.

Royce Micro Cap Trust: 13% Discount, 7% Yield

Royce Micro-Cap Trust (NYSE: RMT) as of Feb 29, 2024

NEW YORK, March 28, 2024 /PRNewswire/ -- Average weekly trading volume of approximately 511,698 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 02/29/24 NAV 10.57 MKT 9.33 AVERAGE ANNUAL TOTAL RETURN AS OF 02/29/24 NAV (%) MKT (%) One-Month* 4.24 3.55 Year to Date* 0.96 0.97 One-Year 10.94 8.37 Three-Year 0.49 1.17 Five-Year 10.77 10.40 10-Year 8.15 8.14 *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.

Royce Micro-Cap Trust (NYSE: RMT) as of Feb 29, 2024

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares First Quarter Common Stock Distribution of $0.17 Per Share

NEW YORK , March 1, 2024 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly distribution of $0.17 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 March 22, 2024 to stockholders of record at the close of business on March 11, 2024 (ex-dividend on March 8, 2024).

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares First Quarter Common Stock Distribution of $0.17 Per Share

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