Royce Micro-Cap Trust Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york, march 28, 2024 /prnewswire/ --  average weekly trading volume of approximately 511,698 shares fund's adviser has more than 50 years of small- and micro-cap investment experience closing prices as of 02/29/24 nav 10.57 mkt 9.33   average annual total return as of 02/29/24 nav (%) mkt (%) one-month* 4.24 3.55 year to date* 0.96 0.97 one-year 10.94 8.37 three-year 0.49 1.17 five-year 10.77 10.40 10-year 8.15 8.14 *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.

New york , march 1, 2024 /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 march 22, 2024 to stockholders of record at the close of business on march 11, 2024 (ex-dividend on march 8, 2024).

New york , feb. 26, 2024 /prnewswire/ --  average weekly trading volume of approximately 526,428 shares fund's adviser has more than 50 years of small- and micro-cap investment experience   closing prices as of 01/31/24 nav 10.14 mkt 9.01   average annual total return as of 01/31/24 nav (%) mkt (%) one-month* -3.15 -2.49 one-year 3.43 3.55 three-year 2.30 3.34 five-year 10.80 10.82 10-year 8.17 8.37 *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.

New york , jan. 29, 2024 /prnewswire/ -- average weekly trading volume of approximately 625,077 shares fund's adviser has more than 50 years of small- and micro-cap investment experience closing prices as of 12/31/23 nav 10.47 mkt 9.24   average annual total return as of 12/31/23 nav (%) mkt (%) one-month* 11.29 11.00 one-year 16.64 15.86 three-year 4.93 5.90 five-year 13.58 13.90 10-year 8.16 8.03 *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.

New york , dec. 28, 2023 /prnewswire/ --  average weekly trading volume of approximately 507,454 shares fund's adviser has more than 40 years of small- and micro-cap investment experience   closing prices as of 11/30/23 nav 9.64 mkt 8.53 average annual total return as of 11/30/23 nav (%) mkt (%) one-month* 7.95 9.22 year to date* 4.81 4.38 one-year 1.75 -0.06 three-year 3.95 5.35 five-year 8.89 8.68 10-year 7.30 7.70 *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.

Interest rates are predicted to ease in 2024, benefiting small-cap companies via lower interest expenses. Royce Micro Cap Trust has seen a 20% increase since late October 2023. RMT has a diversified portfolio of micro-cap stocks and has outperformed the Russell Microcap index in the long term.

The Royce Micro-Cap Trust is an outstanding equity CEF that consistently outperforms the index, making it a preferable choice for investors. RMT focuses on micro-cap stocks, which can present attractive opportunities for active managers. RMT's portfolio is focused on tech and industrial companies, with the majority of holdings coming from the U.S.

The Royce Micro-Cap Trust is a well-managed closed-end fund that focuses on micro-cap stocks. The RMT has outperformed the Russell 2000 index on most time frames and has a strong return history. Comparing between RMT and RVT, the RMT is more suitable for aggressive investors as it delivers superior returns with market-like risks.

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.

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.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market. For these reasons, they are not suited for everyone.

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.

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.

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.

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.