Royce Value Trust (NYSE: RVT) as of July 31, 2013

Royce Value Trust (NYSE: RVT) as ofJuly 31, 2013

  • Oldest and largest small-cap closed-end fund

  • Average weekly trading volume of approximately 341,000 shares

  • Fund's adviser has more than 35 years of small- and micro-cap investment experience

NEW YORK--(BUSINESS WIRE)-- Royce Value Trust, Inc. (NYSE: RVT) :

Closing Prices - July 31, 2013

NAV

$17.94

MKT

$15.84

Total Return Performance

Periods ended July 31, 2013

NAV

MKT

Month*

6.28

%

4.49

%

Year to Date*

19.48

21.06

One-Year

34.34

35.92

Three-Year Average Annual

15.45

17.63

Five-Year Average Annual

7.25

5.94

10-Year Average Annual

9.33

7.87

*Not Annualized

Portfolio Diagnostics

Wtd. Average Geometric Mkt. Cap:

$1624 million

Wtd. Average P/E Ratio:

18.6*

Wtd. Average P/B Ratio:

1.9x

Net Assets:

$1275 million

Net Leverage:

2%

*The Fund's P/E ratio calculation excludes companies with zero or negative earnings.


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. Reliance Steel & Aluminum

1.0

%

2. HEICO Corp.

0.9

3. Tejon Ranch Company

0.9

4. On Assignment

0.9

5. E-L Financial

0.9

6. Federated Investors Inc. Cl. B

0.9

7. Coherent Inc.

0.8

8. Ethan Allen Interiors

0.8

9. Advisory Board (The)

0.8

10. Sapient Corp.

0.8

Top Five Sectors

% of Net Assets

1. Industrials

28

%

2. Information Technology

21

3. Financials

17

4. Consumer Discretionary

14

5. HealthCare

7

Recent Developments

The Board of Directors of Royce Value Trust, Inc. has approved, subject to stockholder approval, the contribution of approximately $100 million of RVT's assets to a newly formed non-diversified, closed-end investment company. All of such investment company's common stock would then be distributed to the common stockholders of RVT. There is no assurance that stockholder approval will be obtained.

Royce Value Trust is a closed-end diversified management investment company whose shares of Common Stock (RVT) are listed and traded on the New York Stock Exchange. Its primary investment goal is long-term capital growth, which it seeks by investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies.

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

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Royce Value Trust, Inc.
John D. Diederich (212) 355-7311

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Royce Value Trust (NYS: RVT) as of July 31, 2013 originally appeared on Fool.com.

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