Royce Micro-Cap Trust (NYSE: RMT) as of December 31, 2012

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Royce Micro-Cap Trust (NYSE: RMT) as ofDecember 31, 2012

  • Only micro-cap closed-end fund
  • Average weekly trading volume of approximately 281,000 shares
  • Fund's adviser has more than 35 years of small- and micro-cap investment experience

NEW YORK--(BUSINESS WIRE)-- Royce Micro-Cap Trust:

Closing Prices December 31, 2012

NAV   $10.94
MKT$9.45
 

Total Return Performance

    

Periods ended December 31, 2012

NAV

MKT

 
1 Month*5.58%4.99%
Year to Date*17.3413.95
One-Year17.3413.95
Three-Year Average Annual11.6513.23
Five-Year Average Annual2.151.63
10-Year Average Annual10.4510.01
 

*Not annualized

Portfolio Diagnostics

   
 
Wtd Average Geometric Market Cap:$350million
Wtd. Average P/E Ratio:15.6x*
Wtd. Average P/B Ratio:1.4x
Net Assets:$319 million
Net Leverage:0%
 

*Excludes 21% of portfolio holdings with zero or negative earnings as of12/31/12.

Net leverage is the percentage, in excess of 100%, of the total value of equity type investments, divided by net assets.

Portfolio Composition

   
 

Top 10 Positions

% of Net Assets

1. Kennedy-Wilson Holdings2.0%
2.Integrated Electrical Services1.6
3.Quaker Chemical Corp.1.3
4.Virtus Investment Partners1.3
5.Seneca Foods Cl.B1.3
6.Tennant Company1.3
7.Advisory Board (The)1.2
8.America's Car-Mart1.2
9.Flexsteel Industries1.2
10. Sapient Corp.1.2
 

Top Five Sectors

% of Net Assets

1.Industrials29%
2.Information Technology25
3.Financials19
4.Consumer Discretionary12
5.Materials9
 

Recent Developments

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declared a distribution of $0.13 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election was paid on December 24, 2012 to stockholders of record at the close of business on December 6, 2012 (ex-dividend on December 4, 2012). The price of shares issued for reinvestment on December 13, 2012 was $9.09.

Royce Micro-Cap Trust, Inc. is a closed-end diversified investment company whose shares of Common Stock (RMT) are listed and traded on the New York Stock Exchange. The Fund's investment goal is long-term capital growth, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalization of $500 million or less.

Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc. are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XOTCX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.roycefunds.com.



Royce Micro-Cap Trust, Inc.
John D. Diederich, 212-355-7311

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Royce Micro-Cap Trust (NYS: RMT) as of December 31, 2012 originally appeared on Fool.com.

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