Accessibility StatementSkip Navigation NEW YORK, Dec. 1, 2025 /PRNewswire/ -- Royce Micro-Cap Trust, Inc. (NYSE-RMT) (the "Fund") has declared a fourth quarter distribution of $0.24 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 24, 2025 to stockholders of record at the close of business on December 11, 2025 (ex-dividend on December 11, 2025). The price of shares issued for reinv ...

Core Viewpoint - The Gabelli Global Small and Mid Cap Value Trust has approved an increase in its annualized distribution to $0.84 per share, reflecting a strong market total return of 25% year to date [1]. Distribution Policy - The Fund will pay a quarterly distribution of $0.21 per share starting December 19, 2025, for shareholders of record on December 12, 2025 [1]. - The Board of Trustees will determine the distribution amount each quarter and may also pay an adjusting distribution in December based on additional income and net realized capital gains [2]. Monitoring and Adjustments - The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions [3]. - The distribution policy is subject to modification by the Board at any time, and there is no guarantee that it will continue [3]. Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals [4]. - Certain U.S. shareholders may incur a 3.8% Medicare surcharge on net investment income, which includes dividends and capital gains from the Fund [4]. Earnings and Return of Capital - If the Fund's earnings do not cover the total distributions, the excess amount will be deemed a return of capital, generally not taxable and reducing the shareholder's cost basis [5]. - In 2025, distributions to common shareholders are estimated to consist of approximately 24% from net investment income, 38% from net capital gains, and 38% as a return of capital [6]. Fund Overview - The Gabelli Global Small and Mid Cap Value Trust is a diversified, closed-end management investment company with total net assets of $169 million, primarily aiming for long-term capital growth [7]. - The Fund invests at least 80% of its total assets in equity securities of small or medium-sized companies [7].

Core Points - The Gabelli Healthcare & Wellness Trust declared a cash distribution of $0.17 per share, payable on December 19, 2025, to shareholders of record on December 12, 2025 [1] - The Fund aims to pay quarterly distributions determined by the Board of Trustees, with potential additional distributions in December based on excess income and net realized capital gains [2] - The Board of Trustees reviews potential distributions each quarter, considering the Fund's net asset value and market conditions, with the distribution policy subject to modification or termination [3] Distribution Details - Distributions may be treated as long-term capital gains or qualified dividend income, subject to federal income tax rates, including a potential 3.8% Medicare surcharge for certain high-income shareholders [4] - If the Fund's earnings do not cover the total distributions in a year, the excess amount will be considered a return of capital, generally not taxable and reducing the shareholder's cost basis [5] - In 2025, distributions to common shareholders are estimated to consist of approximately 5% from net investment income and 95% from net capital gains, with final determinations made after year-end [6] Fund Overview - The Gabelli Healthcare & Wellness Trust is a diversified, closed-end management investment company with total net assets of $215 million, focusing on long-term capital growth [7]

Core Viewpoint - Firsthand Technology Value Fund, Inc. reported a decline in net assets and investment performance for the quarter ended March 31, 2025, indicating challenges in its portfolio management and market conditions [1][2][5]. Financial Summary - As of March 31, 2025, the Fund's net assets were approximately $0.8 million, or $0.12 per share, down from $1.1 million, or $0.15 per share as of December 31, 2024 [2]. - The Fund's total assets were valued at approximately $1.49 million, with total liabilities of $0.65 million, resulting in net assets of $0.84 million [3]. - The Fund reported total investment income of approximately $6 thousand for the quarter, with a net investment loss of approximately $113 thousand and net realized and unrealized losses on investments of approximately $110 thousand [5]. Portfolio Management - The Valuation Committee adjusted the fair values of private companies in the portfolio, considering performance, recent transactions, and market multiples [4]. - The Fund continued to manage its portfolio prudently, collaborating with portfolio companies to enhance performance and identify exit opportunities [6]. Company Overview - Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund focused on technology and cleantech investments, aiming for long-term capital growth [7][8].