Royce Micro-Cap Trust (NYSE: RMT) as of November 30, 2012
Royce Micro-Cap Trust (NYSE: RMT) as ofNovember 30, 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 (NYSE: RMT) :
Closing Prices November 30, 2012 | |||
NAV | $ | 10.51 | |
MKT | $ | 9.13 | |
Total Return Performance | ||||||
Periods ended November 30, 2012 | NAV | MKT | ||||
1 Month* | -0.10 | % | 0.22 | % | ||
Year to Date* | 11.14 | 8.54 | ||||
One-Year | 11.41 | 14.94 | ||||
Three-Year Average Annual | 12.14 | 14.11 | ||||
Five-Year Average Annual | 1.34 | 0.54 | ||||
10-Year Average Annual | 9.32 | 8.90 | ||||
*Not annualized | ||||||
Portfolio Diagnostics | |||
Wtd Average Geometric Market Cap: | $327million | ||
Wtd. Average P/E Ratio: | 15.4x* | ||
Wtd. Average P/B Ratio: | 1.4x | ||
Net Assets Applicable to Common Stock: | $304 million | ||
Net Leverage: | 11 | .0% | |
*Excludes 21% of portfolio holdings with zero or negative earnings as of11/30/12.
Net leverage is the percentage, in excess of 100%, of the total value of equity type investments, divided by net assets applicable to common stock.
Portfolio Composition | ||||
Top 10 Positions | % of Net Assets | |||
1. | Kennedy-Wilson Holdings | 2.0% | ||
2. | Epoch Holding Corp. | 1.7 | ||
3. | Integrated Electrical Services | 1.7 | ||
4. | Seneca Foods Cl. B | 1.3 | ||
5. | Virtus Investment Partner | 1.3 | ||
6. | Quaker Chemical Corp. | 1.3 | ||
7. | Advisory Board (The) | 1.2 | ||
8. | Sapient Corp. | 1.2 | ||
9. | Trex Company | 1.2 | ||
10. | Computer Task Group | 1.2 | ||
Top Five Sectors | % of Net Assets | |||
1. | Industrials | 29% | ||
2. | Information Technology | 24 | ||
3. | Financials | 20 | ||
4. | Consumer Discretionary | 12 | ||
5. | Materials | 9 | ||
Recent Developments
Royce Micro-Cap Trust, Inc. (NYS: RMT) has 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, is to be 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 November 30, 2012 originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
