#USA #New York #Royce Global Trust #Investment Strategies #Closed-End Fund

An Overview of Royce Global Trust's Investment Approach

As of January 31, 2026, Royce Global Trust (NYSE: RGT) has distinguished itself as a prominent closed-end fund with a notable focus on global equities. This fund operates with a disciplined value investment approach aimed at achieving long-term capital growth. With an average weekly trading volume closing in at approximately 190,192 shares, it illustrates a robust participant interest in the fund's offerings.

Investment Strategy and Portfolio Composition

A Disciplined Value Approach

Royce Global Trust employs a clear and effective investment strategy where it primarily allocates its resources into small-cap and mid-cap equities. These investments typically involve greater risks compared to larger-cap companies, yet they can also offer significant growth potential. The fund’s management leverages over 50 years of experience in the small- and micro-cap space, striving to uncover undervalued opportunities.

Fund Performance Metrics

As highlighted in the recently released metrics, the average net asset value (NAV) was reported at $16.34 as of January 31, 2026, with a market price of $14.57. These values illustrate a typical scenario in closed-end fund operations where market prices can deviate from NAV due to supply and demand factors.

Historical Annual Returns

• - One-Month Return: NAV at 7.22%, Market at 11.14%
• - One-Year Return: NAV at 30.66%, Market at 35.27%
• - Three-Year Return: NAV at 15.85%, Market at 17.68%
• - Five-Year Return: NAV at 8.42%, Market at 8.22%
• - Ten-Year Return: NAV at 11.70%, Market at 12.65%

These returns reflect the fund’s commitment to delivering consistent performance to its investors, although past performance does not guarantee future results. Investors are encouraged to evaluate various factors such as investment goals, risks, and costs before investing.

Portfolio Diagnostics

The current portfolio's average market capitalization hovers around $3.747 billion, indicating a strong bias toward mid-sized enterprises, corresponding with its investment strategy. The weighted average price-to-earnings (P/E) ratio sits at 27.4x, suggesting a moderate valuation in the context of market standards.

Top Holdings

• - Tel Aviv Stock Exchange - 5.7%
• - Sprott - 4.1%
• - Protector Forsikring - 3.3%
• - Alamos Gold Cl. A - 3.0%
• - Stadio Holdings - 2.6%

The top five holdings and their percentages reflect a diverse portfolio that spans across various sectors including financials, industrials, and information technology. Notably, financials constitute 30% of the total net assets, highlighting the sector's importance in this investment strategy.

Risk and Considerations

Investors should be aware of the inherent risks associated with investing in small- and mid-cap companies, which may experience greater volatility than larger firms. Additionally, the fund’s diversification does not eliminate the potential for losses. The fund may also invest a significant proportion of its net assets in foreign securities, exposing investors to specific political and economic risks not typically encountered in domestic investments.

Conclusion

In conclusion, Royce Global Trust presents a compelling case for investors seeking capital appreciation through a value-driven investment philosophy. By focusing on smaller companies with the potential for growth, the fund has consistently aimed to reward its investors through calculated risks and diversified approaches. As always, prospective investors are encouraged to perform their due diligence and consult with financial advisors to align strategies with their individual investment goals.

For more information on Royce Global Trust, its performance, and investment opportunities, potential investors should visit royceinvest.com.