- Royce Micro-Cap Trust (RMT, Financial) reported mixed performance as of March 31, 2025, with NAV at $9.37 and market price at $8.43.
- Year-to-date returns show a decline of -12.77% in NAV and -11.62% in market value.
- Five-year returns remain positive with 16.58% in NAV and 18.16% in market value.
Royce Micro-Cap Trust (RMT) has disclosed its performance statistics as of March 31, 2025, revealing a range of outcomes over various periods. The fund's net asset value (NAV) stood at $9.37 while the market price was $8.43. Year-to-date, the fund experienced a decline of -12.77% in NAV and -11.62% in market price. However, the five-year returns remain robust, with NAV at 16.58% and market price at 18.16%.
Boasting net assets worth $488.3 million, the fund's portfolio is diversified with a focus on companies holding market capitalizations under $1 billion. The average market cap of the portfolio is $684.3 million, and it maintains a weighted price-to-book (P/B) ratio of 1.8x. Key sector allocations include Industrials at 23.9%, Information Technology at 20.8%, and Financials at 17.2%.
Some prominent holdings in the fund's portfolio are Universal Technical Institute, Sprott, and EZCORP Cl. A, each accounting for 1.6% of net assets. Royce Micro-Cap Trust continues to aim for long-term capital growth by investing in equity securities of small-cap companies, balancing risk with a diverse array of investments. Investors should consider the fund's objectives, risks, fees, and expenses before investing.
