Royce Micro-Cap Trust (NYSE: RMT) as of Dec 31, 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
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Source: Newsfilter
Fund Overview: Royce Micro-Cap Trust, Inc. focuses on long-term capital growth by investing primarily in micro-cap companies with market capitalizations of $1 billion or less, and has an average weekly trading volume of approximately 603,476 shares.
Performance Metrics: As of December 31, 2024, the fund reported a net asset value (NAV) of $10.98 and a market price of $9.75, with various annual total returns reflecting past performance across different time frames.
Analyst Views on RMT
About RMT
Royce Micro-Cap Trust, Inc. (the Fund) is a diversified closed-end investment company. The Fund's investment objective is long-term growth of capital, which it seeks by investing primarily in equity securities of companies. The Fund primarily invests in micro-cap securities. It normally invests at least 80% of its net assets, such as common stock and preferred stock. In addition, under normal circumstances, at least 40% of its net assets will be invested in the equity securities of companies. The Royce Investment Partners (Royce) is the Fund’s investment adviser.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
