Royce Micro-Cap Trust (NYSE: RMT) as of Jul 31, 2025

Core Insights - The Royce Micro-Cap Trust, Inc. focuses on long-term capital growth by investing primarily in micro-cap companies with market capitalizations of $1 billion or less [9] Performance Summary - As of July 31, 2025, the Net Asset Value (NAV) is $10.76, while the market price (MKT) is $9.47 [1] - The average annual total return for the Fund as of July 31, 2025, is as follows: - One-Month NAV: 1.89%, MKT: 2.38% - Year to Date NAV: 2.23%, MKT: 1.32% - One-Year NAV: 4.46%, MKT: 3.60% - Three-Year NAV: 10.51%, MKT: 9.98% - Five-Year NAV: 12.47%, MKT: 13.60% - Ten-Year NAV: 10.08%, MKT: 10.33% [1] Portfolio Diagnostics - The average market capitalization of the portfolio is $740.7 million [4] - The weighted average Price-to-Book (P/B) ratio is 1.8x [5] - The net assets of the Fund total $565.8 million, with a net leverage of 2.3% [4] Portfolio Composition - The top ten positions in the portfolio and their respective percentages of net assets are: - CECO Environmental: 1.4% - American Superconductor: 1.3% - Bel Fuse: 1.3% - Graham Corporation: 1.3% - Argan: 1.1% - IES Holdings: 1.1% - Universal Technical Institute: 1.1% - NPK International: 1.1% - Richardson Electronics: 1.1% [6] - The top five sectors by percentage of net assets are: - Industrials: 29.0% - Information Technology: 20.7% - Financials: 17.3% - Health Care: 9.9% - Consumer Discretionary: 9.7% [8] Trading Information - The average weekly trading volume of the Fund is approximately 660,208 shares [7] - The Fund's adviser has over 50 years of experience in small- and micro-cap investments [7]