This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Royce Micro-Cap Trust (NYSE: RMT) As Of August 31, 2011

Royce Micro-Cap Trust (NYSE: RMT) as of August 31, 2011:

  • Only micro-cap closed-end fund
  • Average weekly trading volume of approximately 281,000 shares
  • Fund’s adviser has more than 35 years of small- and micro-cap investment experience

Closing Prices – August 31, 2011

NAV       $ 10.26
MKT $ 8.92
Total Return Performance        

Periods ended August 31, 2011

NAV MKT
 
1 Month* -9.52 % -6.40 %
Year to Date* -7.11 -6.55
One-Year 22.53 27.99
Three-Year Average Annual 1.15 -1.31
Five-Year Average Annual 1.17 -2.61
10-Year Average Annual 7.78 7.34

*Not annualized

Portfolio Diagnostics    
 
Wtd Average Geometric Market Cap: $302 million
Wtd. Average P/E Ratio: 15.6x*
Wtd. Average P/B Ratio: 1.3x
Net Assets Applicable to Common Stock: $345 million
Net Leverage: 4.9%

*Excludes 21% of portfolio holdings with zero or negative earnings as of 8/31/11.

Net leverage is the percentage, in excess of 100%, of the total value of equity type investments, divided by net assets applicable to common stock.

Portfolio Composition    
 
Top 10 Positions % of Net Assets
1. Kennedy-Wilson Holdings 1.9%
2. Tennant Company 1.4
3. Sapient Corp. 1.3
4. Richardson Electronics 1.2
5. Raven Industries 1.1
6. Epoch Holding Corp. 1.0
7. Rogers Corp. 1.0
8. HEICO Corp. 1.0
9. America’s Car-Mart, Inc. 1.0
10. Virtus Investment Partners, Inc. 1.0
 
Top Five Sectors % of Net Assets
1. Industrials 33%
2. Information Technology 26
3. Financials 24
4. Consumer Discretionary 17
5. Materials 12

Recent Developments

Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly distribution of $0.14 per share on its Common Stock. The price of shares issued for reinvestment will be determined on September 13, 2011. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on September 23, 2011 to stockholders of record at the close of business on September 6, 2011.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,932.54 -137.86 -0.76%
S&P 500 2,093.05 -21.44 -1.01%
NASDAQ 4,943.1480 -73.7810 -1.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs