Royce Global Trust (NYSE: RGT) as of Aug 31, 2025

Core Insights - The Royce Global Trust aims for long-term capital growth by investing primarily in small-cap and mid-cap companies, with a focus on global equities using a disciplined value approach [7][8]. Performance Metrics - As of August 31, 2025, the Net Asset Value (NAV) is $14.83, and the market price is $12.74 [1]. - The average annual total return for the Fund is as follows: - One-Month: NAV 4.88%, MKT 5.12% - Year to Date: NAV 18.17%, MKT 18.78% - One-Year: NAV 15.63%, MKT 14.08% - Three-Year: NAV 15.80%, MKT 14.68% - Five-Year: NAV 8.51%, MKT 6.96% - Ten-Year: NAV 9.64%, MKT 9.95% [1]. Portfolio Composition - The average market capitalization of the portfolio is $3,124.4 million, with a weighted average Price-to-Earnings (P/E) ratio of 25.1x and a weighted average Price-to-Book (P/B) ratio of 3.1x [4]. - The top ten positions account for the following percentages of net assets: - Tel Aviv Stock Exchange: 4.6% - Protector Forsikring: 3.2% - Sprott: 3.1% - Alamos Gold Cl. A: 3.0% - APi Group: 2.3% - Stadio Holdings: 2.0% - TMX Group: 2.0% - SEI Investments: 1.9% - Quaker Houghton: 1.9% - Karnov Group: 1.9% [8]. - The top five sectors by percentage of net assets are: - Financials: 29.4% - Industrials: 27.2% - Information Technology: 11.3% - Materials: 10.8% - Cash and Cash Equivalents: 6.2% [8]. Investment Strategy - The Fund typically invests at least 80% of its net assets in equity securities and at least 65% in companies located in at least three countries outside the United States [8].