Royce Micro-Cap Trust (NYSE: RMT) as of Jan 31, 2026

Core Viewpoint - Royce Micro-Cap Trust, Inc. aims for long-term capital growth by investing primarily in micro-cap companies with market capitalizations of $1 billion or less, reflecting a diversified investment strategy focused on smaller firms [9]. Performance Summary - As of January 31, 2026, the Net Asset Value (NAV) is $12.91, while the market price (MKT) is $11.49 [1]. - The average annual total return for the Fund shows a one-month return of 9.50% (NAV) and 10.16% (MKT), a one-year return of 25.47% (NAV) and 26.00% (MKT), a three-year return of 15.65% (NAV) and 15.76% (MKT), a five-year return of 9.87% (NAV) and 10.58% (MKT), and a ten-year return of 14.12% (NAV) and 14.97% (MKT) [1]. Portfolio Diagnostics - The average market capitalization of the portfolio is $930.3 million, with net assets totaling $690.1 million and a net leverage of 0.3% [4]. - The weighted average Price-to-Book (P/B) ratio is 2.1x, indicating the valuation of the portfolio relative to its book value [5]. Portfolio Composition - The top ten positions in the portfolio account for the following percentages of net assets: 5N Plus (1.5%), Ichor Holdings (1.4%), Ultra Clean Holdings (1.4%), Sprott (1.4%), Bel Fuse Cl. B (1.3%), Camtek (1.3%), CECO Environmental (1.3%), NPK International (1.3%), nLIGHT (1.2%), and Cohu (1.2%) [6][8]. - The top five sectors by percentage of net assets are Industrials (27.0%), Information Technology (22.1%), Financials (15.1%), Health Care (11.7%), and Consumer Discretionary (9.8%) [8]. Trading Information - The average weekly trading volume of the Fund is approximately 684,629 shares, indicating a reasonable level of liquidity in the market [7].