Royce Micro-Cap Trust (NYSE: RMT) as of August 31, 2013
Royce Micro-Cap Trust (NYSE: RMT) as of August 31, 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 (NYS: RMT) :
Closing Prices August 31, 2013
NAV $ 12.79
MKT $ 11.20
Total Return Performance | ||||||||||
Periods ended August 31, 2013 | NAV | MKT | ||||||||
1 Month* | -2.07 | % | -2.52 | % | ||||||
Year to Date* | 19.90 | 21.54 | ||||||||
One-Year | 31.48 | 31.56 | ||||||||
Three-Year Average Annual | 19.65 | 21.70 | ||||||||
Five-Year Average Annual | 7.67 | 6.24 | ||||||||
10-Year Average Annual | 9.08 | 8.09 | ||||||||
*Not annualized | ||||||||||
Portfolio Diagnostics | ||||||||
Wtd Average Geometric Market Cap: | $399 million | |||||||
Wtd. Average P/E Ratio: | 19.3* | |||||||
Wtd. Average P/B Ratio: | 1.7x | |||||||
Net Assets: | $377 million | |||||||
Net Leverage: | 4.6% |
*Excludes 21% of portfolio holdings with zero or negative earnings as of 8/31/13. |
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. | Quaker Chemical Corp. | 1.2 | % | ||
2. | Kennedy-Wilson Holdings | 1.2 | |||
3. | Integrated Electrical Svcs. | 1.2 | |||
4. | Exponent Inc. | 1.2 | |||
5. | Drew Industries | 1.1 | |||
6. | Mesa Laboratories | 1.1 | |||
7. | Universal Electronics | 1.0 | |||
8. | Flexsteel Industries | 1.0 | |||
9. | Bofl Holdings | 1.0 | |||
10. | Tennant Co. | 1.0 | |||
Top Five Sectors | % of Net Assets | ||||
1. | Industrials | 28 | % | ||
2. | Information Technology | 22 | |||
3. | Financials | 19 | |||
4. | Consumer Discretionary | 13 | |||
5. | HealthCare | 8 | |||
Recent Developments
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
Royce Micro-Cap Trust
John D. Diederich, 212-355-7311
KEYWORDS: United States North America New York
INDUSTRY KEYWORDS:
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