The article talks about a company called Royce Small-Cap Trust, which is a group of people who manage money and invest it in other companies. They try to find small companies that can grow and make more money. The article tells us how they did in the past year, up to June 30, 2024. It also tells us what kind of companies they invested in and how much they made from their investments. Read from source...
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The article is neutral in sentiment, as it provides a factual overview of the Royce Small-Cap Trust's performance, portfolio composition, and recent developments. It does not express any strong opinions or biases towards the fund's prospects or the overall market conditions.
As of June 30, 2024, the Royce Small-Cap Trust (RVT) has a net asset value (NAV) of $1.91 billion and a market value of $1.84 billion, with an average annual total return of 22.24%. The fund invests primarily in securities of small-cap and micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to
time, the fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency, and other risks not encountered in U.S. investments.
Given the nature of the fund, it may be suitable for investors who are seeking long-term capital growth and are willing to accept the higher risk associated with small-cap and micro-cap stocks. The fund's top five sectors are industrials, financials, information technology, health care, and consumer discretionary, with the top ten positions being Alamos Gold Cl. A, Impinj, Enovis Corporation, IES Holdings, Assured Guaranty, TransMedics Group, Air Lease Cl. A, Haemonetics Corporation, SEI Investments, and VanEck Junior Gold Miners ETF.
For a more detailed analysis of the fund's performance and holdings, please refer to the following links:
- Royce Small-Cap Trust as of June 30, 2024: https://www.prnewswire.com/news-releases/royce-small-cap-trust-nyse-rvt-as-of-jun-30-2024-302208862.html
- Royce Small-Cap Trust Investment Team: https://www.royceinvest.com/team/invtrust.php
- Royce Small-Cap Trust Portfolio Diagnostics: https://www.royceinvest.com/portdiag.php
- Royce Small-Cap Trust Top 10 Holdings: https://www.royceinvest.com/top10.php
- Royce Small-Cap Trust Sector Breakdown: https://www.royceinvest.com/sectors.php
As an AI assistant, I can provide you with more information and analysis on the fund's performance, holdings, and risk factors, as well as suggest potential alternative investments that may suit your