Royce Small-Cap Trust (NYSE: RVT) as of Oct 31, 2025 - Royce Value Trust (NYSE:RVT)

Core Insights - The Royce Small-Cap Trust aims for long-term capital growth by investing at least 65% of its assets in equity securities of small- and micro-cap companies [10] Performance Summary - As of October 31, 2025, the Net Asset Value (NAV) is $17.79, while the market price (MKT) is $16.00 [1] - Year-to-date performance shows a NAV return of 10.95% and a market return of 7.30% [1] - One-year performance indicates a NAV return of 13.89% compared to a market return of 15.14% [1] - Over three years, the NAV return is 15.22% and the market return is 13.51% [1] - The five-year NAV return is 12.41%, while the market return is 13.88% [1] - The ten-year NAV return stands at 11.12%, with the market return at 11.95% [1] Portfolio Diagnostics - The average market capitalization of the portfolio is $3.3285 billion [4] - The weighted average Price-to-Earnings (P/E) ratio is 18.3x, and the weighted average Price-to-Book (P/B) ratio is 2.2x [4] - The total net assets of the fund amount to $2.15 billion [4] Portfolio Composition - The top ten positions account for varying percentages of net assets, with IES Holdings at 2.3% and Assured Guaranty at 1.3% [9] - The leading sectors by percentage of net assets include Industrials (25.7%), Financials (20.2%), and Information Technology (13.7%) [9] Fund Characteristics - The Royce Small-Cap Trust is noted as the oldest and largest small-cap closed-end fund, with an average weekly trading volume of approximately 1,137,181 shares [8] - The fund's adviser has over 50 years of experience in small- and micro-cap investments [8]