Royce Micro-Cap Trust:RMT

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$8.42$9.44-10.81%
    52 Wk Avg$11.11$12.56-11.52%
    52 Wk High$12.57$14.36-8.81%
    52 Wk Low$8.22$9.29-13.52%
    Regular Distribution TypeManaged Distribution
    Distribution Rate10.93%
    Distribution Amount$0.2300
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Invests primarily in companies with market capitalisations below USD300m, with the aim of exploiting the potential for higher returns. Up to 35% of the funds total assets may be invested in non-Microcap companies equity securities and non-convertible debt securities.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$448.688M
    Total Common Assets:$426.688M
    Common Shares Outstanding:45,199,948
    Leverage

    As of 7/1/2022

    Preferred Share Assets:
    Total Debt (USD): $22.000M
    Regulatory Leverage (USD): $22.000M
    Effective Leverage (USD): $22.000M
    Effective Leverage (%): 4.90%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees1.06%
    Other Expenses:0.10%
    Baseline Expense: N/A
    Interest Expense:0.04%
    Total: 1.20%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Charles M. Royce, James P. Stoeffel, Brendan J. Hartman

    Basics
    Category: Equity-U.S. Equity
    Ticker: RMT
    NAV Ticker: XOTCX
    Average Daily Volume (shares): 118,408
    Average Daily Volume (USD): $1.277M
    Inception Date: 12/14/1993
    Inception Share Price: $10.00
    Inception NAV: $7.25
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    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 12/31/2021
    $0.0629
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    9.75%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -26.21%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    4.90%

    Pricing Information

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

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-11.27%
    1 Year-11.52%
    3 Year-12.72%
    5 Year-11.64%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month0.82
    6 Month0.36
    1 Year0.78
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-24.10%-24.50%-21.77%-20.22%
    202122.58%17.95%31.33%22.95%
    202028.23%31.04%8.80%9.76%
    201925.00%21.50%32.25%27.32%
    2018-14.94%-12.54%-11.89%-10.13%
    201725.24%16.71%22.72%19.06%
    201622.30%20.44%13.79%12.38%
    2015-16.07%-13.60%-7.45%-6.29%
    20142.80%1.48%24.05%7.38%
    201350.14%43.35%37.23%30.01%
    201214.07%16.54%16.19%14.79%
    2011-5.19%-8.59%-2.63%-1.36%
    201034.13%28.36%22.35%18.15%
    200938.65%46.04%  
    2008-46.10%-46.37%  
    2007-20.67%0.17%  
    200626.36%22.17%  
    20058.89%6.84%  
    200433.37%18.52%  
    200363.45%54.65%  
    2002-12.87%-14.44%  
    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 6/30/2022
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2022
    282
    Annual Portfolio Turnover:
    As of 12/31/2021
    15.00%
    Asset Allocation

    As of 3/31/2022

    Top Sectors

    As of 3/31/2022

    Sector%Portfolio
    Sensitive (Super Sector)56.12%
    Cyclical (Super Sector)28.06%
    Technology23.98%
    Industrials21.93%
    Defensive (Super Sector)14.73%
    Financial Services11.87%
    Healthcare10.52%
    Consumer Cyclical7.63%
    Energy7.26%
    Basic Materials7.00%
    Top Holdings

    As of 3/31/2022

    HoldingValue% Portfolio
    Mesa Laboratories Inc$13.94M2.58%
    Onto Innovation Inc$11.08M2.05%
    PAR Technology Corp$10.85M2.01%
    Transcat Inc$10.84M2.01%
    Major Drilling Group International Inc$10.42M1.93%
    Sprott Inc$9.60M1.78%
    AutoCanada Inc$9.56M1.77%
    nLight Inc$6.64M1.23%
    Bristow Group Inc Old$6.60M1.22%
    Sandstorm Gold Ltd$6.54M1.21%
    Credit Quality

    As of 3/31/2022

    Country Allocation

    As of 3/31/2022

    Country% Portfolio
    United States - Equity77.06%
    Canada - Equity15.27%
    United Kingdom - Equity1.35%
    China - Equity0.95%
    Taiwan - Equity0.91%
    Israel - Equity0.84%
    South Korea - Equity0.53%
    Denmark - Equity0.43%
    Mexico - Equity0.42%
    Australia - Equity0.42%
    Hong Kong - Equity0.29%
    Colombia - Equity0.19%
    Brazil - Equity0.11%
    Greece - Equity0.11%
    Sweden - Equity0.10%
    Poland - Equity0.10%
    South Africa - Equity0.05%

    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.

    EWB-2036301PR-E0222X