Understanding Royce Small-Cap Trust's Latest Performance Metrics
Overview of Royce Small-Cap Trust's Position
Royce Small-Cap Trust is well-known for being one of the oldest and largest closed-end funds focused on small-cap investments. The fund has made a significant mark within the small-cap sector, consistently attracting investor interest due to its performance and strategic positioning.
Performance Highlights
Trading Volume Insights
As of late, the fund has seen an impressive average weekly trading volume reaching approximately 1,141,987 shares. This level of trading activity highlights the active interest from investors, indicating the fund's robust participation in market exchanges.
Recent Net Asset Values
As per the latest figures, the Net Asset Value (NAV) is $17.36 while the market price stands at $16.28. These figures provide a perspective on the fund’s valuation in the current market landscape, showing how it is perceived relative to its intrinsic worth.
Performance Returns
Performance metrics are critically essential for assessing the fund's effectiveness. The performance reports show variations in annualized returns across different periods:
- One-Month NAV Return: 2.18%
- One-Year NAV Return: 18.26%
- Three-Year NAV Return: 6.63%
- Five-Year NAV Return: 10.79%
Understanding Total Returns
The fund’s returns reflect past performance, emphasizing the reinvestment of distributions and the influences of the advisory fees. It's important to recognize that past performance is not always indicative of future results.
Portfolio Composition and Analytics
Strategic Investment Focus
Royce Small-Cap Trust targets a diverse range of small- and micro-cap equity securities. As of now, the average market cap of the holdings stands at $3,129.5 million, showcasing the varied nature of its investments. This diversification is essential in mitigating risks often associated with concentrated investments.
Current Sector Allocations
The fund is strategically allocated across multiple sectors:
- Industrials: 22.7%
- Financials: 22.4%
- Information Technology: 16.6%
- Health Care: 9.7%
- Consumer Discretionary: 9.1%
Recent Developments and Investor Considerations
The Royce Small-Cap Trust remains committed to its primary investment goal: long-term capital growth. The fund intends to invest at least 65% of its assets in small-cap equity investments. Such a strategy is built to navigate the complexities of market fluctuations while capitalizing on growth opportunities.
Contact and Additional Information
Investors interested in more detailed insights or daily NAV updates can reach out to The Royce Funds at (800) 221-4268 or visit their website for more resources.
Frequently Asked Questions
What is the primary focus of Royce Small-Cap Trust?
The fund primarily aims for long-term capital growth by investing at least 65% of its assets in small- and micro-cap equity securities.
How can I track the current NAV of the fund?
Daily NAV updates for Royce Small-Cap Trust are available on its official website and through most financial services.
What sectors does the fund invest in predominantly?
The fund primarily invests in sectors such as Industrials, Financials, and Information Technology, among others.
What is the significance of the trading volume?
The trading volume reflects the level of investor interest and liquidity in the fund, which is an important indicator for potential investors.
How have the returns performed over the last year?
Over the past year, the fund has achieved a NAV return of 18.26%, showcasing its strong performance in the small-cap segment.
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