Royce Small-Cap Trust (NYSE: RVT) as of Feb 28, 2026

Core Viewpoint - Royce Small-Cap Trust (NYSE: RVT) aims for long-term capital growth by primarily investing in small-cap and micro-cap companies, with a diversified portfolio and a focus on equity securities [8][9]. Performance Summary - As of February 28, 2026, the Net Asset Value (NAV) is $19.57, while the market price is $18.36 [1]. - Average annual total returns as of February 28, 2026: - One-Month NAV: 3.99%, Market: 5.70% [1] - Year to Date NAV: 10.63%, Market: 14.04% [1] - One-Year NAV: 29.66%, Market: 31.94% [1] - Three-Year NAV: 16.98%, Market: 18.32% [1] - Five-Year NAV: 8.27%, Market: 9.74% [1] - Ten-Year NAV: 13.42%, Market: 14.82% [1] Fund Characteristics - The fund has an average market capitalization of $3.5963 billion [4]. - The weighted average Price-to-Earnings (P/E) ratio is 19.5x, and the weighted average Price-to-Book (P/B) ratio is 2.4x [4]. - The fund's net assets total $2.39 billion [4]. Portfolio Composition - Top 10 positions as a percentage of net assets include: - IES Holdings: 2.6% - APi Group: 1.2% - Assured Guaranty: 1.2% - Alamos Gold Cl. A: 1.1% - Sprott: 1.1% - Brady Corporation Cl. A: 1.0% - ESAB Corporation: 1.0% - Arcosa: 1.0% - Seneca Foods Cl. A: 1.0% - International General Insurance Holdings: 1.0% [7][8]. - Top five sectors by percentage of net assets: - Industrials: 26.5% - Financials: 19.0% - Information Technology: 13.2% - Health Care: 9.4% - Consumer Discretionary: 9.4% [8]. Investment Strategy - The fund invests at least 65% of its assets in equity securities of small- and micro-cap companies, indicating a focus on growth potential in this segment [9].