Royce Global Trust (NYSE: RGT) as of Sep 30, 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 [3][7]. Performance Summary - As of September 30, 2025, the Net Asset Value (NAV) is $15.03, while the market price is $12.95 [1]. - The average annual total return for the Fund is as follows: - One-Month: NAV 1.35%, MKT 1.69% - Year to Date: NAV 19.76%, MKT 20.78% - One-Year: NAV 16.93%, MKT 16.56% - Three-Year: NAV 20.40%, MKT 20.24% - Five-Year: NAV 9.18%, MKT 8.55% - Ten-Year: NAV 10.20%, MKT 10.77% [1]. Portfolio Diagnostics - The average market capitalization of the portfolio is $3.2345 billion [4]. - The weighted average Price-to-Earnings (P/E) ratio is 25.5x, and the weighted average Price-to-Book (P/B) ratio is 3.2x [4][6]. - The Fund's net assets total $97.9 million [4]. Top Holdings and Sector Allocation - The top ten positions in the portfolio and their respective percentages of net assets are: - Tel Aviv Stock Exchange: 4.5% - Sprott: 3.9% - Alamos Gold Cl. A: 3.3% - Protector Forsikring: 3.2% - Stadio Holdings: 2.3% - APi Group: 2.2% - Littelfuse: 1.9% - EVI Industries: 1.9% - TMX Group: 1.9% - Phoenix Financial: 1.9% [8]. - The top five sectors by percentage of net assets are: - Financials: 30.3% - Industrials: 26.2% - Information Technology: 12.0% - Materials: 11.2% - Cash and Cash Equivalents: 5.7% [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].