Investment Update: Royce Micro-Cap Trust Performance Review for April 2025
Investment Update: Royce Micro-Cap Trust Performance Review for April 2025
As of April 30, 2025, Royce Micro-Cap Trust (NYSE: RMT) released its closing prices, along with critical performance metrics that provide insight into its investment strategy and current market position. This analysis reviews the metrics for net asset value (NAV), market pricing, and annual total returns, reflecting the fund's performance and the inherent risks associated with micro-cap investments.
Current Pricing Metrics
- - NAV: $9.25
- - Market Price: $8.18
The current NAV represents a critical measure of the trust's intrinsic worth, while the market price showcases how the shares are trading in the market, often at a discount.
Performance Overview
The performance statistics of Royce Micro-Cap Trust offer an interesting snapshot of the fund's returns and market behavior:
- - One-Month Total Return:
- Market: -2.97%
- - Year to Date:
- Market: -14.24%
- - One-Year Total Return:
- Market: -0.01%
- - Three-Year Total Return:
- Market: 4.69%
- - Five-Year Total Return:
- Market: 13.26%
- - Ten-Year Total Return:
- Market: 7.73%
Note: Returns are presented on a total return basis, net of the fund's advisory fee, and reflect the reinvestment of distributions.
Understanding the Risks
Investing in the Royce Micro-Cap Trust involves considerable risk compared to larger-cap companies. The current performance indicates potential volatility, which investors should weigh against their individual risk tolerance. Furthermore, the broad diversification of the portfolio does not guarantee profits or prevent losses.
Portfolio Diagnostics
- - Average Market Cap: $672.6 million
- - Weighted Average Price-to-Book (P/B) Ratio: 1.7x
- - Net Assets: $482.2 million
- - Net Leverage: 0.5%
Top Holdings
The investment strategy has led to a diverse portfolio with significant allocations in various sectors. The top positions include:
1. Universal Technical Institute - 1.5%
2. EZCORP Class A - 1.4%
3. Major Drilling Group International - 1.4%
4. Sandstorm Gold - 1.3%
5. Transcat - 1.3%
6. BioLife Solutions - 1.3%
7. Lindsay Corporation - 1.3%
8. Sprott - 1.2%
9. Simulations Plus - 1.2%
10. Mesa Laboratories - 1.2%
Sector Allocation
The fund's investment compositions reflect an emphasis on:
- - Industrials: 25.1%
- - Information Technology: 20.8%
- - Financials: 17.3%
- - Health Care: 12.9%
- - Consumer Discretionary: 8.3%
Conclusion
The data provided by Royce Micro-Cap Trust illustrates a fund that has encountered an array of challenges in the current market climate. As the landscape evolves, understanding these metrics is essential for investors considering or maintaining their positions in micro-cap equities. Future performance will depend on various economic factors and the fund's strategic adjustments to its investment approaches.
To get the latest updates on Royce Micro-Cap Trust, including daily NAVs and other performance data, visit the Royce Funds website or contact their customer service for more personalized inquiries.
Disclaimer: Investors should carefully consider the trust's goals, risks, fees, and expenses before making investment decisions. Past performance does not guarantee future results.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.