#United States #New York #Royce Small-Cap Trust #Small-Cap Investments #RVT

Overview of Royce Small-Cap Trust (NYSE: RVT)

As of January 31, 2026, the Royce Small-Cap Trust (RVT) continues to be a significant player in the realm of closed-end funds focusing on small-cap and micro-cap equity investments. Renowned for its longevity, this trust is recognized as one of the oldest and largest of its kind, boasting a robust portfolio that exemplifies careful market strategies aimed at long-term capital growth.

Closing Prices and Returns

Recent data indicates that as of January 31, 2026, the Net Asset Value (NAV) of the RVT stands at $18.82, with its market price recorded at $17.37. This reflects a noteworthy annual performance trajectory:

• - One-Month Total Return: NAV at 6.39% and Market at 7.89%
• - One-Year Total Return: NAV at 18.73% and Market at 16.85%
• - Three-Year Total Return: NAV at 14.63% and Market at 15.30%
• - Five-Year Total Return: NAV at 9.00% and Market at 10.12%
• - Ten-Year Total Return: NAV at 13.18% and Market at 14.47%

These figures underscore the trust's resilience and strategic focus, appealing to investors interested in capitalizing on the potential of small-cap markets, which often yield high returns despite their associated risks.

Fund Structure and Strategy

Royce Small-Cap Trust primarily invests in equity securities of small- and micro-cap firms, devoting at least 65% of its assets to these categories. This specific investment approach allows for diversification while seeking high growth opportunities, albeit with a heightened risk as smaller companies can be more volatile than their larger counterparts.

As of the reported date, the fund’s average market capitalization resides at approximately $3.5 billion, with the weighted average Price-to-Earnings (P/E) ratio calculated at 20.0x and a Price-to-Book (P/B) ratio of 2.4x. Such metrics reflect a balanced outlook between growth potential and intrinsic valuations.

Top Holdings and Sector Allocation

The composition of the trust's portfolio is engineered for stability and growth, with the top ten positions accounting for about 1% to 2% of net assets:

• - IES Holdings: 2.0%
• - Assured Guaranty: 1.3%
• - APi Group: 1.2%
• - ESAB Corporation: 1.1%
• - Arcosa: 1.1%
• - Brady Corporation Cl. A: 1.1%
• - SEI Investments: 1.0%
• - Quaker Houghton: 1.0%
• - Powell Industries: 1.0%
• - International General Insurance Holdings: 1.0%

Sector allocation reflects a well-rounded investment strategy, with the highest concentrations in:

• - Industrials: 26.2%
• - Financials: 19.7%
• - Information Technology: 14.3%
• - Health Care: 9.3%
• - Consumer Discretionary: 9.3%

This diversified approach not only mitigates risks across various market segments but also allows the trust to seize opportunities as different sectors evolve.

Conclusion

Investors looking for exposure to the small-cap market would do well to consider the Royce Small-Cap Trust for its established track record and prudent management philosophy. As always, potential investors should carefully evaluate the fund's investment objectives, risks, and fees prior to committing funds. For those interested in the latest data, daily NAV updates and further details are available at Royce Investment.

This commitment to transparency aligns well with the fund's overall strategy, making it a noteworthy choice for those exploring small-cap investment avenues.