Royce Micro-Cap Trust Reports Performance Updates and Strategy
Performance Insights for Royce Micro-Cap Trust
Royce Micro-Cap Trust, Inc. (NYSE: RMT) has been making headlines in the investment community. With an impressive average weekly trading volume of approximately 469,790 shares, this closed-end diversified investment company is demonstrating significant activity in the market. The Fund is supported by advisers with over 50 years of experience specializing in small- and micro-cap investments.
Current Financial Metrics
Closing Prices
As of the most recent reporting date, the Fund's Net Asset Value (NAV) is $11.12, while the market price stands at $9.79. Understanding these figures helps investors assess the relative value of the Fund's shares.
Average Annual Total Return
An overview of the performance indicates that the Royce Micro-Cap Trust has shown resilience. Some key metrics include:
- One-Month NAV: -0.63%
- Year to Date NAV: 10.35%
- One-Year NAV: 17.58%
- Three-Year NAV: 2.31%
- Five-Year NAV: 13.90%
- Ten-Year NAV: 9.05%
The fund's performance is presented on a total return basis, accounting for its investment advisory fee and reinvested distributions. Past performance gives indications, but it's important to note that it's not a guaranteed predictor of future results.
Investment Focus and Strategy
Royce Micro-Cap Trust primarily invests in micro-cap companies. These investments come with enhanced risks compared to larger companies, but they also offer the potential for higher returns. The diversified portfolio aims to balance risk while pursuing long-term capital growth.
Portfolio Diagnostics
The average market cap of holdings within the Fund is approximately $864.9 million, and the weighted average Price-to-Book (P/B) ratio is 2.1x. The net assets managed by the Fund are currently valued at $563.6 million.
Top Positions and Sector Breakdown
Top 10 Positions
The Fund has distinctive positions in various companies, including:
- Transcat - 3.3% of net assets
- PAR Technology - 2.8%
- Mesa Laboratories - 2.7%
- Aspen Aerogels - 2.1%
- Sprott - 2.1%
- Major Drilling Group International - 1.9%
- Cellebrite DI - 1.9%
- IES Holdings - 1.8%
- Camtek - 1.5%
- nLIGHT - 1.5%
Sector Exposure
In terms of sector exposure, the Fund shows strong representation in:
- Information Technology - 24.3%
- Industrials - 21.5%
- Financials - 14.8%
- Health Care - 11.0%
- Materials - 7.6%
This diversification across sectors helps mitigate risks associated with market fluctuations and varying sector performance.
Recent Developments
Royce Micro-Cap Trust aims for long-term capital growth by investing in companies with market capitalizations of $1 billion or less. The Trust's NAVs are easily accessible online, providing investors with up-to-date information. For assistance, investors can contact The Royce Funds directly.
Investment Considerations
Interested investors should closely evaluate the Fund's investment goals, risks, and operational fees before making a commitment. Such diligence can help in understanding how investing in the Royce Micro-Cap Trust aligns with individual financial objectives.
Frequently Asked Questions
What is the focus of Royce Micro-Cap Trust?
The Fund primarily invests in micro-cap companies, aiming for long-term capital growth.
How often are performance metrics updated for the Royce Micro-Cap Trust?
Performance metrics are regularly updated, including daily net asset values (NAVs).
What are the top sectors represented in this Fund?
The major sectors include Information Technology, Industrials, and Financials, among others.
What is the market cap of the Fund’s average holdings?
The average market capitalization of the Fund's holdings is approximately $864.9 million.
Why should investors consider Royce Micro-Cap Trust?
Investors may find the potential for high returns attractive, given the diversified nature of the Fund's micro-cap investments.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Kirby Corporation Sets Dates for Upcoming Earnings Call and Release
- Devon Energy Expands Presence with Grayson Mill Acquisition
- TSI Holdings and New York Sports Club Address Data Breach Concerns
- First Trust Enhanced ETF Marks New Monthly Distribution Announcement
- First Trust and WCM Shareholders Approve Fund Reorganization
- Next Technology's Bold Bitcoin Acquisition Strategy Unveiled
- Amentum Holdings Expands Leadership with New COO Appointment
- Understanding Nvidia's Share Decline Amid Market Shifts
- Economic Trends Drive Market Movements and Innovations
- Market Sentiment Shifts: Understanding Newmont's Short Interest
Recent Articles
- Understanding the Opportunities in Ardelyx, Inc. Lawsuit
- Recent Trade Notification from Paratus Energy Services Ltd
- Recent Trade Notification from Paratus Energy Services Ltd.
- EON Resources Faces Challenges with Stock Reaching New Lows
- Evercore ISI Remains Positive on Apple with $250 Target Price
- Alexanders Inc Achieves New Heights in Stock Performance
- Curis Positions Itself for Future Growth in CNS Lymphoma
- Carnival Corp. Prepares for Earnings with Strong Insights
- Understanding Financial Advisor Fees: Are They Worth It?
- Honeywell Stock Dividend Increase and AI Innovations
- Understanding Bearish Trends in Comcast Options Trading
- T-Mobile US Options Activity Insights for Investors and Traders
- Stewart Title Group Receives Stable Credit Ratings from AM Best
- Nike's Leadership Shift: Aiming for Market Comeback
- Lithos Group's Innovative Leap in Q3/24 for Lithium Mining
- Exploring Investment Opportunities in Enterprise Products Partners
- Innovative Infant Bed Designed for Enhanced Breathing Comfort
- Verizon Communications Inc. Stock Reaches New Milestone
- Sweetgreen's Infinite Kitchen Sparks Growth and Investor Interest
- Ares Management's Strategic Moves to Enhance Real Estate Growth
- UBS Pursues Joint Venture to Boost Wealth Management in India
- ARM's Acquisition Inquiry: Intel Stays Firm Despite Offer
- Unifor's Notice of Dispute: A New Chapter for CN
- MRM Acquisition Plan: SCOR's Strategy for Growth
- F&M Bank Boosts Charitable Giving Through Ohio Golf Events
- Trader's Journey: How One Investor Earned $392,000 with MOODENG
- Investors Alert: Class Action Filed Against ZoomInfo Technologies
- Acadia Healthcare Faces Investigation Over Securities Violations
- Potential ECB Rate Cut Gains Traction Amid Falling Inflation
- Understanding Kenvue's Performance Through P/E Ratio Analysis
- Stewart Title Guaranty de México's Ratings Affirmed by AM Best
- Investment Boosts Community Revitalization in Winnipeg's Core
- Investigation Launched into Sun Communities (NYSE: SUI) Stock Issues
- Underrated Stocks to Watch: Insights from Key Players
- Understanding ODP Corp's Stock Performance and Outlook Today
- Key Insights on Carvana's Stock Performance Amid Rates Changes
- Transforming Storage: The Innovative Portable Closet Solution
- Innovative Solutions Highlighted at Blackbaud's Annual bbcon 2024
- Amazon Drivers Unite: DBK4 Facility Drivers Join Teamsters
- Viomi Technology Unveils Innovative Water Solutions at Investor Day
- Promising Advances in Multiple Myeloma Treatment by J&J
- Citi Lowers Target for Travere Therapeutics: What to Know
- DARZALEX FASPRO® and Its Role in Advanced Myeloma Therapy
- Stock Rating Shift: Campbell Soup Faces Future Challenges
- UniCredit's Strategic Shift: Empowering Branches with Talent
- Milei's Bold Move: Privatizing Aerolineas Argentinas
- OpenAI's Exciting Shift to Profit: What's Next for Altman?
- Viomi Investor Day Highlights Innovations in AI Water Solutions
- Vow ASA Insider Trade: Significant Share Sale Details
- F&M Bank's Golf Classics Gather $53,000 for Local Causes