This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

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

Stocks in this article: RMT

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,390.52 +195.10 1.13%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,630.7410 +64.6030 1.41%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs