The Board of Directors Royce Value Trust, Inc. has approved the redemption of all of the Fund’s outstanding 5.90% Cumulative Preferred Stock on November 15, 2012. A senior secured credit facility provided by a financial institution will be used to redeem and replace a portion of the outstanding Preferred Shares.Royce Value Trust is a closed-end diversified management investment company whose shares of Common (RVT) and 5.90% Cumulative Preferred Stock (RVTprb) are listed and traded on the New York Stock Exchange. Its primary investment goal is long-term capital growth, which it seeks by investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies.
Royce Value Trust (NYSE: RVT) As Of October 31, 2012
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