Royce Micro-Cap Trust Insights: Performance and Strategy Overview
Royce Micro-Cap Trust Performance Overview
The Royce Micro-Cap Trust (NYSE: RMT) offers unique opportunities for investors looking for exposure to small-cap stocks. With an average weekly trading volume of approximately 589,245 shares, the trust demonstrates robust liquidity, making it an appealing option for active traders.
Key Metrics and Performance Returns
The trust provides essential metrics that highlight its performance against market conditions. As of the end of June, the net asset value (NAV) stands at 10.56, while the market price is noted at 9.25. These figures reflect the ongoing evaluations of the fund's investments, particularly in the micro-cap sector.
Annual Returns Analysis
Investors are keenly interested in returns on investment. The annual total return percentages reveal insightful trends:
- One-Month Return: NAV at 8.32% and market at 7.89%
- Year to Date Return: NAV at 0.33% with a negative market return of -1.03%
- One-Year Return: NAV shows a remarkable 8.64% against 9.34% in the market
- Three-Year Return: NAV at 13.24% and market at 12.87%
- Five-Year Return: NAV reflects 13.38% while market stands at 14.30%
- Ten-Year Return: NAV is 9.25% versus 9.50% market return
The results provide a compelling narrative about the fund's capacity to deliver returns, aligning the performance within the competitive micro-cap space.
Understanding Portfolio Composition
The fund is strategically diversified with significant positions in various sectors. The top ten holdings include companies such as Magnite, Bel Fuse, and Sprott, each representing 1.3% of net assets. Notably, this strategy reflects a focus on high-growth sectors like Industrials and Information Technology.
Sector Allocation Breakdown
An assessment of the trust's sector allocations reveals:
- Industrials: 28.3%
- Information Technology: 21.1%
- Financials: 17.5%
- Health Care: 10.6%
- Consumer Discretionary: 9.8%
This distribution showcases the fund's emphasis on sectors poised for growth, thereby enhancing the potential for capital appreciation.
Recent Developments and Insights
The Royce Micro-Cap Trust, Inc. is recognized for its focus on long-term capital growth, particularly investing in companies with market capitalizations of $1 billion or less. This niche focus differentiates the fund in the crowded investment landscape.
Investors seeking daily NAVs can access this information through various platforms including our website. The trust encourages careful consideration of investment goals, risks, and fees before committing to the fund, ensuring investors are informed about their choices.
Frequently Asked Questions
What is Royce Micro-Cap Trust?
Royce Micro-Cap Trust is a closed-end diversified investment company that primarily invests in small-cap stocks to seek long-term capital growth.
How has the fund performed recently?
The fund has demonstrated varying performance metrics, with a current NAV of 10.56 and competitive annual returns across different timelines.
What sectors does the fund invest in?
The fund has significant allocations in Industrials and Information Technology, among others, diversifying its portfolio strategically.
What should investors know before investing?
Potential investors should evaluate the fund's investment goals, associated risks, and fees to understand how it fits within their overall investment strategy.
How can investors track the fund's performance?
Investors can track the fund’s daily net asset values and historical performance through financial news platforms and the fund’s website.
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