Royce Small-Cap Trust:RVT

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    Overview

    As of 12/20/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$15.73$17.05-7.74%
    52 Wk Avg$15.00$16.96-11.58%
    52 Wk High$16.93$18.86-7.74%
    52 Wk Low$13.67$15.61-14.05%
    Regular Distribution TypeManaged Distribution
    Distribution Rate11.19%
    Distribution Amount$0.4400
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective of the Fund is long-term growth of capital.RVT normally invests at least 65% of its assets in the equity securities of small- and micro-cap companies. RVT may invest up to 25% of its assets in securities of issuers headquartered outside the United States.

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$2,001.652M
    Total Common Assets:$1,966.652M
    Common Shares Outstanding:115,346,169
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $35.000M
    Regulatory Leverage (USD): $35.000M
    Effective Leverage (USD): $35.000M
    Effective Leverage (%): 1.75%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees0.41%
    Other Expenses:0.93%
    Baseline Expense: N/A
    Interest Expense:0.07%
    Total: 1.41%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Steven G. McBoyle, Lauren Romeo, Andrew Palen, Chuck Royce, George Necakov

    Basics
    Category: Equity-U.S. Equity
    Ticker: RVT
    NAV Ticker: XRVTX
    Average Daily Volume (shares): 236,322
    Average Daily Volume (USD): $3.559M
    Inception Date: 11/19/1986
    Inception Share Price: $10.00
    Inception NAV: $0.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2017
    $0.0840
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    10.32%
    Total Return on NAV (12 months):
    As of 12/20/2024
    33.29%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    1.75%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/20/2024

    PeriodAvg Discount
    6 Month-10.94%
    1 Year-11.58%
    3 Year-9.47%
    5 Year-10.39%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month3.26
    6 Month3.30
    1 Year3.51
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.95%20.36%25.84%21.06%
    202318.88%20.56%15.59%17.84%
    2022-26.28%-21.79%-20.28%-16.72%
    202132.69%18.84%31.33%22.95%
    202018.45%19.83%8.80%9.76%
    201935.39%29.51%32.25%27.32%
    2018-20.74%-15.47%-11.89%-10.13%
    201730.64%18.46%22.72%19.06%
    201623.48%25.25%13.79%12.38%
    2015-9.57%-9.27%-7.45%-6.29%
    20140.77%-0.52%24.05%7.38%
    201336.35%32.73%37.23%30.01%
    201216.33%14.66%16.19%14.79%
    2011-10.63%-10.95%  
    201035.05%30.24%  
    200935.76%44.20%  
    2008-48.52%-46.32%  
    2007-8.72%4.27%  
    200620.71%19.26%  
    20056.88%8.58%  
    200428.88%21.40%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2024
    469
    Annual Portfolio Turnover:
    As of 12/31/2023
    67.00%
    Asset Allocation

    As of 9/30/2024

    Top Sectors

    As of 9/30/2024

    Sector%Portfolio
    Sensitive (Super Sector)48.33%
    Cyclical (Super Sector)38.93%
    Industrials26.57%
    Financial Services19.05%
    Technology17.55%
    Defensive (Super Sector)12.09%
    Healthcare8.92%
    Consumer Cyclical8.49%
    Basic Materials8.16%
    Real Estate3.23%
    Top Holdings

    As of 9/30/2024

    HoldingValue% Portfolio
    IES Holdings Inc$38.62M1.91%
    Impinj Inc$29.97M1.48%
    Alamos Gold Inc Class A$28.80M1.43%
    Assured Guaranty Ltd$25.73M1.27%
    Enovis Corp$24.67M1.22%
    TransMedics Group Inc$23.55M1.17%
    SEI Investments Co$22.49M1.11%
    Haemonetics Corp$21.20M1.05%
    Air Lease Corp Class A$20.67M1.02%
    Brady Corp Class A$20.66M1.02%
    Country Allocation

    As of 9/30/2024

    Country% Portfolio
    United States - Equity86.52%
    Canada - Equity9.01%
    United Kingdom - Equity1.51%
    Israel - Equity0.59%
    South Africa - Equity0.47%
    China - Equity0.45%
    Sweden - Equity0.18%
    Australia - Equity0.18%
    Mexico - Equity0.18%
    Italy - Equity0.17%
    Others - Equity0.05%
    Peru - Equity0.01%
    Argentina - Equity0.01%
    Indonesia - Equity0.01%
    Turkey - Equity0.01%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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