A micro-cap trust is a group of small companies that try to grow and make more money. This specific one, called Royce Micro-Cap Trust (RMT), invests in very tiny companies with a market value of $250 million or less. The people who run the trust want it to do well in the long term by investing in these small companies. Sometimes, these small companies can be risky but they also have the potential to grow a lot and make more money for the people who invested in them. Read from source...

- The title of the article is misleading and does not reflect the actual content of the text. It implies that the article is about Royce Micro-Cap Trust as of Mar 31, 2024, but in reality it only provides some basic information about the fund and its investment objective, without any analysis or commentary on its performance or prospects. A more accurate title would be something like "Introduction to Royce Micro-Cap Trust: An Overview of Its Investment Goals and Strategies".