#United States #New York #Royce Micro-Cap Trust #Investment Performance #NYSE RMT

Analysis of Royce Micro-Cap Trust's Performance

As of January 31, 2026, Royce Micro-Cap Trust (NYSE: RMT) has demonstrated notable market dynamics characterized by an average weekly trading volume of approximately 684,629 shares. This aligns with the Trust's strategic direction to focus on smaller-scale investment opportunities.

Investment Performance Overview

The investment advisory team behind Royce Micro-Cap Trust is well seasoned, boasting over 50 years of experience specializing in small and micro-cap sectors. This expertise is crucial given the inherent volatility associated with these smaller market capitalizations.

Key Financial Metrics:

• - Net Asset Value (NAV): $12.91
• - Market Price (MKT): $11.49

In terms of performance, the Fund reflects a compelling Average Annual Total Return across various time frames:

• - One Month: NAV at 9.50% and MKT at 10.16%
• - One Year: NAV returns are 25.47%, closely followed by MKT at 26.00%
• - Three Year: Both NAV and MKT yield results around 15.65% and 15.76% respectively
• - Five Year: NAV shows an increase of 9.87% while MKT posts 10.58%
• - Ten Year: Long-term returns reach 14.12% (NAV) and 14.97% (MKT)

It is essential to note that all performance metrics presented reflect past outcomes and do not guarantee future results. Investors should assess the potential fluctuations in the market price of the Fund's shares carefully.

Portfolio Composition and Diagnostics

Royce Micro-Cap Trust primarily invests in micro-cap companies. This entails a considerably higher risk compared to investing in larger-cap firms. As of the latest assessments, key portfolio insights include:

• - Average Market Cap: $930.3 million
• - Net Assets: $690.1 million
• - Net Leverage: 0.3%

The portfolio composition centers around diversified investments across several sectors with a focus on sectors like Industrials (27.0%) and Information Technology (22.1%). Here’s a glimpse of the Trust’s top positions, indicating a well-rounded investment strategy:

• - 5N Plus: 1.5%
• - Ichor Holdings: 1.4%
• - Ultra Clean Holdings: 1.4%
• - Sprott: 1.4%
• - Bel Fuse Cl. B: 1.3%

Recent Developments

Royce Micro-Cap Trust operates as a closed-end diversified investment company. Its shares are traded on the New York Stock Exchange under the ticker symbol RMT. The primary goal of the Trust is long-term capital growth by investing predominantly in equity securities of firms with market capitalizations of $1 billion or less.

For detailed information regarding daily NAVs and performance updates, stakeholders can access the official Royce Investments website. Furthermore, potential investors are advised to carefully review the Fund’s investment objectives, associated risks, and expense structures prior to investing.

Conclusion

Overall, Royce Micro-Cap Trust exemplifies the potential of micro-cap investments while also highlighting the associated risks. Its historical performance indicates a coherent strategy to leverage underappreciated market segments for long-term growth. As always, prospective investors should ensure they are comfortable with the inherent volatility of micro-cap investments, balancing their risk tolerance with expected returns.