Royce Micro-Cap Trust (NYSE: RMT) as of February 28, 2013

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Royce Micro-Cap Trust (NYSE: RMT) as ofFebruary 28, 2013

  • 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, Inc. (NYSE-RMT):

Closing Prices February 28, 2013

 
NAV 

$ 11.65

MKT

$ 10.41

Total Return Performance

  

Periods ended February 28, 2013

NAV

MKT

 
1 Month*1.39%2.26%
Year to Date*6.4910.16
One-Year14.2916.25
Three-Year Average Annual13.2215.86
Five-Year Average Annual5.305.07
10-Year Average Annual11.7211.52
 
*Not annualized

Portfolio Diagnostics

 
 
Wtd Average Geometric Market Cap:$367million
Wtd. Average P/E Ratio:17.6*
Wtd. Average P/B Ratio:1.5x
Net Assets:$340 million
Net Leverage:8%
 

*Excludes 21% of portfolio holdings with zero or negative earnings as of 2/28/13.

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 Holdings2.2%
2. Integrated Electrical Services1.9
3. Virtus Investment Partners1.7
4. America's Car-Mart1.3
5. Quaker Chemical Corp.1.3
6. Tennant Company1.3
7. Trex Company1.3
8. Seneca Foods Cl. B1.2
9. Flexsteel Industries1.2
10. Drew Industries Inc.1.2
 

Top Five Sectors

% of Net Assets

1. Industrials29%
2. Information Technology25
3. Financials20
4. Consumer Discretionary12
5. Materials9

Recent Developments

Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly 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, is to be paid on March 25, 2013 to stockholders of record at the close of business on March 6, 2013 (ex-dividend on March 4, 2013). The price of shares issued for reinvestment will be determined on March 13, 2013.

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 $750 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



For 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 February 28, 2013 originally appeared on Fool.com.

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