Royce Micro-Cap Trust

Royce Micro-Cap Trust, Inc. operates as a closed-end management investment company. It engages in the provision of current income exempt from regular Federal income tax. The company was founded on September 9, 1993 and is headquartered in New York, NY.

NEW YORK , Aug. 28, 2023 /PRNewswire/ -- Average weekly trading volume of approximately 394,678 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 07/31/23 NAV 10.47 MKT 9.23   AVERAGE ANNUAL TOTAL RETURN AS OF 07/31/23 NAV (%) MKT (%) One-Month* 4.80 5.49 Year to Date* 11.60 10.73 One-Year 11.33 9.92 Three-Year 14.07 16.06 Five-Year 7.89 6.34 10-Year 9.49 9.51 *Not Annualized   Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2023

Royce Micro Cap Trust is an actively managed CEF that focuses on micro cap stocks and has a good track record of outperformance even during bear markets. The fund's strategy includes applying fundamental analysis to determine fair value of a stock and investing in it only if the current valuation warrants a margin of safety. The fund is managed by Chuck Royce, who has extensive experience in the field, but he may be close to retiring.

Royce Micro Cap Trust Has A Lot To Like

NEW YORK , July 27, 2023 /PRNewswire/ --  Average weekly trading volume of approximately 556,305 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 06/30/23 NAV 9.99 MKT 8.75   AVERAGE ANNUAL TOTAL RETURN AS OF 06/30/23 NAV (%) MKT (%) One-Month* 7.90 9.19 Year to Date* 6.48 4.98 One-Year 16.45 15.30 Three-Year 14.53 16.09 Five-Year 7.17 6.21 10-Year 9.81 9.59 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Jun 30, 2023

NEW YORK , June 26, 2023 /PRNewswire/ -- Average weekly trading volume of approximately 679,187 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience   CLOSING PRICES AS OF 05/31/23 NAV 9.44 MKT 8.17   AVERAGE ANNUAL TOTAL RETURN AS OF 05/31/23 NAV (%) MKT (%) One-Month* 0.32 -1.09 Year to Date* -1.31 -3.86 One-Year -1.67 -3.59 Three-Year 13.56 14.32 Five-Year 5.65 4.43 10-Year 8.85 8.45 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2023

NEW YORK , June 1, 2023 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE: RMT) has declared a quarterly distribution of $0.17 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on June 23, 2023 to stockholders of record at the close of business on June 12, 2023 (ex-dividend on June 9, 2023).

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Second Quarter Common Stock Distribution of $0.17 Per Share

Average weekly trading volume of approximately 486,121 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience NEW YORK , May 25, 2023 /PRNewswire/ -- CLOSING PRICES AS OF 04/30/23 NAV 9.41 MKT 8.26   AVERAGE ANNUAL TOTAL RETURN AS OF 04/30/23 NAV (%) MKT (%) One-Month* -4.18 -5.82 Year to Date* -1.63 -2.80 One-Year -1.42 -1.69 Three-Year 15.76 16.88 Five-Year 6.75 5.83 10-Year 9.33 9.29 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Apr 30, 2023

NEW YORK , April 26, 2023 /PRNewswire/ -- Average weekly trading volume of approximately 592,732 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 03/31/23 NAV 9.82 MKT 8.77   AVERAGE ANNUAL TOTAL RETURN AS OF 03/31/23 NAV (%) MKT (%) One-Month* -3.28 -4.40 Year to Date* 2.66 3.20 One-Year -7.82 -7.43 Three-Year 24.19 26.69 Five-Year 7.88 7.61 10-Year 9.61 9.66 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Mar 31, 2023

RMT generated a double-digit yield on a consistent basis. During the past 30 years, the fund failed to generate double-digit year-end yields only thrice. Half of RMT's assets are invested in stocks from technology and industrial sectors. Micro-cap companies in these sectors have higher growth potential.

RMT: This High-Yielding Micro-Cap CEF Is In A Position To Sustain Its Yield

NEW YORK , March 1, 2023 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly distribution of $0.18 per share on its Common Stock.  The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on March 24, 2023 to stockholders of record at the close of business on March 13, 2023 (ex-dividend on March 10, 2023).

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares First Quarter Common Stock Distribution of $0.18 Per Share

NEW YORK , Feb. 27, 2023 /PRNewswire/ --  Average weekly trading volume of approximately 526,018 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 01/31/23 NAV 10.67 MKT 9.47 AVERAGE ANNUAL TOTAL RETURN AS OF 01/31/23 NAV (%) MKT (%) One-Month* 9.21 9.10 One-Year 1.15 -0.93 Three-Year 13.85 13.94 Five-Year 8.80 8.64 10-Year 10.94 10.96 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Jan 31, 2023

NEW YORK , Jan. 25, 2023 /PRNewswire/ -- Average weekly trading volume of approximately 752,251 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 12/31/22 NAV 9.77 MKT 8.68   AVERAGE ANNUAL TOTAL RETURN AS OF 12/31/22 NAV (%) MKT (%) One-Month* -2.92 -4.26 One-Year -16.89 -16.51 Three-Year 9.79 9.85 Five-Year 7.45 7.15 10-Year 10.51 10.82 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Dec 31, 2022

Royce Value Trust

RVT and RMT are both income-paying CEFs with a broad focus on companies with a market cap lower than $2 billion. RMT has had to lean on more ROC distributions than its sister fund, but this has still been relatively rare.

RVT Vs. RMT: In Pursuit Of Stable Income

NEW YORK , Dec. 1, 2022 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE: RMT) (the "Fund") has declared a quarterly distribution of $0.28 per share on its Common Stock.  The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 23, 2022 to stockholders of record at the close of business on December 12, 2022 (ex-dividend on December 9, 2022).

Royce Micro-Cap Trust, Inc. (NYSE: RMT) declares Fourth Quarter Common Stock Distribution of $0.28 Per Share

NEW YORK , Nov. 30, 2022 /PRNewswire/ -- Average weekly trading volume of approximately 831,277 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 10/31/22 NAV 9.81 MKT 8.88   AVERAGE ANNUAL TOTAL RETURN AS OF 10/31/22 NAV (%) MKT (%) One-Month* 8.88 11.98 Year to Date* -19.17 -17.27 One-Year -20.13 -16.99 Three-Year 11.67 12.31 Five-Year 7.32 7.57 10-Year 10.79 11.28 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Oct 31, 2022

NEW YORK , Oct. 28, 2022 /PRNewswire/ --  Average weekly trading volume of approximately 643,296 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 09/30/22 NAV 9.01 MKT 7.93 AVERAGE ANNUAL TOTAL RETURN AS OF 09/30/22 NAV (%) MKT (%) One-Month* -9.23 -10.22 Year to Date* -25.76 -26.12 One-Year -23.43 -23.34 Three-Year 8.99 8.29 Five-Year 5.65 5.14 10-Year 9.61 9.63 *Not Annualized   Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Sep 30, 2022

The Royce Micro-Cap Trust invests in the micro-cap stocks, as opposed to the Large-Cap stocks of the SPDR S&P 500 Trust ETF. RMT outperformed SPY after the Tech bubble burst, the Great Financial Crisis and COVID. The previous history could be saying the next outperformance could be when rates peak.

RMT: Wait For Rates To Peak To Initiate Position

Microcaps have problems of liquidity, performance, and brand recognition, which scares away investors. RMT combines multiple investment themes and invests in companies with strong fundamentals and have good prospects of being acquired.

RMT: Diversified Micro-Cap CEF Generates Strong Yield, Outperforms Market

NEW YORK , Oct. 3, 2022 /PRNewswire/ -- Average weekly trading volume of approximately 602,675 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 08/31/22 NAV 10.17 MKT 9.05   AVERAGE ANNUAL TOTAL RETURN AS OF 08/31/22 NAV (%) MKT (%) One-Month* -1.83 -2.16 Year to Date* -18.21 -17.71 One-Year -18.12 -16.96 Three-Year 13.59 13.92 Five-Year 9.60 9.75 10-Year 11.35 11.54 *Not Annualized   Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Aug 31, 2022

NEW YORK , Sept. 1, 2022 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE: RMT) has declared a quarterly distribution of $0.21 per share on its Common Stock.

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Third Quarter Common Stock Distribution of $0.21 Per Share

NEW YORK , Aug. 31, 2022 /PRNewswire/ --  Average weekly trading volume of approximately 564,403 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience   CLOSING PRICES AS OF 07/31/22 NAV 10.36 MKT 9.25 AVERAGE ANNUAL TOTAL RETURN AS OF 07/31/22 NAV (%) MKT (%) One-Month* 9.63 10.65 Year to Date* -16.69 -15.89 One-Year -16.03 -15.05 Three-Year 12.43 12.87 Five-Year 9.89 10.08 10-Year 11.90 12.08 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2022

AdvisorShares Dorsey Wright Micro-Cap ETF

First Trust Dow Jones Select MicroCap Index Fund

iShares Micro-Cap ETF

Big institutional investors have tended to ignore the market's smallest companies—those that have less than a $1 billion market capitalization. The Russell Microcap Index has often bounced back strongly after periods of sharp declines like the one the group is currently facing.

Quality Microcaps Can Weather The Current Storm

NEW YORK , July 29, 2022 /PRNewswire/ -- Average weekly trading volume of approximately 529,667 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience CLOSING PRICES AS OF 06/30/22 NAV 9.45 MKT 8.36   AVERAGE ANNUAL TOTAL RETURN AS OF 06/30/22 NAV (%) MKT (%) One-Month* -8.89 -8.69 Year to Date* -24.00 -23.98 One-Year -25.23 -26.01 Three-Year 9.15 9.26 Five-Year 7.78 7.87 10-Year 10.59 10.72 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of Jun 30, 2022

Average weekly trading volume of approximately 576,965 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience NEW YORK , June 28, 2022 /PRNewswire/ --  CLOSING PRICES AS OF 05/31/22 NAV 10.66 MKT 9.41 AVERAGE ANNUAL TOTAL RETURN AS OF 05/31/22 NAV (%) MKT (%) One-Month* 0.57 0.86 Year to Date* -16.59 -16.74 One-Year -15.91 -16.48 Three-Year 15.00 14.77 Five-Year 10.60 10.49 10-Year 12.14 12.19 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2022

NEW YORK , June 1, 2022 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE: RMT) has declared a quarterly distribution of $0.23 per share on its Common Stock.  The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on June 24, 2022 to stockholders of record at the close of business on June 13, 2022 (ex-dividend on June 10, 2022).

Royce Micro-Cap Trust, Inc. (NYSE: RMT) declares Second Quarter Common Stock Distribution of $0.23 Per Share

Average weekly trading volume of approximately 404,227 shares Fund's adviser has more than 40 years of small- and micro-cap investment experience NEW YORK , May 24, 2022 /PRNewswire/ -- CLOSING PRICES AS OF 04/30/22 NAV 10.60 MKT 9.33   AVERAGE ANNUAL TOTAL RETURN AS OF 04/30/22 NAV (%) MKT (%) One-Month* -10.40 -11.31 Year to Date* -17.06 -17.45 One-Year -15.34 -14.82 Three-Year 12.40 12.04 Five-Year 10.05 9.92 10-Year 11.16 11.19 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted.

News for Royce Micro-Cap Trust ETF (RMT)