Royce Micro-Cap Trust (NYSE: RMT) as of Nov 30, 2025 - Royce Micro-Cap Trust (NYSE:RMT)

Core Insights - The Royce Micro-Cap Trust, Inc. aims for long-term capital growth by investing primarily in equity securities of companies with market capitalizations of $1 billion or less [9] Performance Summary - As of November 30, 2025, the Net Asset Value (NAV) is $11.86, while the market price (MKT) is $10.46 [1] - Year-to-date performance shows a NAV return of 14.63% and a market return of 13.85% [1] - Over the past year, the NAV return is 9.03% compared to a market return of 9.95% [1] - The three-year annualized return for NAV is 13.78% and for MKT is 12.97% [1] - The five-year annualized return for NAV is 10.21% and for MKT is 11.03% [1] - The ten-year annualized return for NAV is 11.67% and for MKT is 12.28% [1] Portfolio Diagnostics - The average market capitalization of the portfolio is $871.4 million [4] - The weighted average Price-to-Book (P/B) ratio is 2.0x [4] - The net assets of the fund total $628.6 million [4] - The net leverage stands at 1.2% [4] Portfolio Composition - The top three positions in the portfolio are Argan (1.7%), Establishment Labs Holdings (1.4%), and 5N Plus (1.3%) [6] - The top five sectors by net assets are Industrials (26.3%), Information Technology (20.0%), Financials (15.7%), Health Care (13.9%), and Consumer Discretionary (9.4%) [8] Trading Information - The average weekly trading volume of the fund is approximately 556,750 shares [7] - The fund's adviser has over 50 years of experience in small- and micro-cap investments [7]