This Day On The Street
Continue to site
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 Value Trust, Inc. (NYSE:RVT) Declares Second Quarter Common Stock Distribution Of $0.31 Per Share

The Board of Directors of Royce Value Trust (NYSE:RVT) has approved an increase in the annual rate of distributions under its managed distribution policy for Common Stockholders to 7%, effective for 2014.

Royce Value Trust, Inc. (NYSE:RVT) has declared a quarterly distribution of $0.31 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on June 27, 2014 to stockholders of record at the close of business on June 16, 2014 (ex-dividend on June 12, 2014). The price of shares issued for reinvestment will be determined on June 20, 2014.

The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.75% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Fund’s Board of Directors

The Fund’s estimated sources of the distribution to be paid on June 27, 2014 and for 2014 year-to-date are as follows:

Estimated Allocations as of May 31, 2014



DistributionPer Share

Net InvestmentIncome

Net RealizedShort-TermGains

Net RealizedLong-TermGains

Return of Capital
RVT   $0.3100   $0.0221 (7%)   $0.0578 (19%)   $0.2301 (74%)   $0.0000 (0%)

Estimated Allocations for 2014 through May 31, 2014



DistributionPer Share

Net InvestmentIncome

Net RealizedShort-TermGains

Net RealizedLong-TermGains

Return of Capital
RVT   $0.6200   $0.0441 (7%)   $0.1156 (19%)   $0.4603 (74%)   $0.0000 (0%)

You should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s Distribution Policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Fund Performance and Distribution Rate Information:





Average Annual TotalReturn (in relation toNAV for the 5-yearperiod ending on5/31/2014) 1

Annualized CurrentDistribution Rate(expressed as apercentage of NAV asof 5/31/2014) 2

Cumulative total return(in relation to NAV forthe fiscal year through5/31/2014) 3

Cumulative fiscal yeardistributions (as apercentage of NAV asof 5/31/2014) 4
RVT   18.57%   7.05%   -1.33%   3.53%

1 Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five year period ended May 31, 2014. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

2 The annualized Current Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of May 31, 2014.

3 Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2013 to May 31, 2014, assuming reinvestment of distributions paid.

4 The Cumulative Fiscal Year Distribution Rate is the dollar value of distributions for the fiscal year period (January 1, 2014 to June 30, 2014), as a percentage of the Fund’s NAV as of May 31, 2014.

About Royce Value Trust, Inc.

Royce Value Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the New York Stock Exchange. The Fund’s primary investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies.

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
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -1.01%
FB $117.26 -0.68%
GOOG $701.43 0.82%
TSLA $212.10 -4.70%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs