CEF Advisors

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Royce Micro-Cap Trust (RMT)

U.S. Equity Funds - General Equity Funds

Data as of Feb. 26, 2021
Market Price $11.72 (- $0.01)
NAV (Feb. 26, 2021) $13.55 (- $0.03)
Premium / Discount -13.51% (+0.12%)
Fund Info
Inception Dec. 14, 1993
Website www.roycefunds.com/fun...
Phone (800) 221-4268
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Objective: Long-term growth of capital; Micro-cap stocks
Related Indexes
Global Equity Index
60/40 Balanced (w/ BDCs) Index
Tax-Advantaged Equity Dividend Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 43,098,921
Total Assets (Reported: June 30, 2020) $391M
Estimated Total Assets $619M
Net Assets $584M
Market Cap $505M
Portfolio Turnover 11.00%
Total Leverage 5.63%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.48%
Non Lev Exp Ratio 1.35%
Rel Lev Cost 2.17%
Discount Data
Average Discount (3 Yr) -11.74%
Discount Low(3 Yr) -20.83%
Discount High(3 Yr) -4.36%
Discount Rel Range 44.48%
Comp Discount -5.62
Discount St Dev (1Yr) 1.47
Z-Stat (6mo) 1.62
Z-Stat (1Yr) 1.14
Z-Stat (3Yr) -0.59
Comp Z-Stat (6mo) 0.42
Comp Z-Stat (3Yr) -0.96
Distribution Data
Market Yield 5.20%
Income Yield 0.00%
Lev Adj NAV Yield 4.26%
Distribution Frequency Q
Current Distribution $0.150
Current Income $0.000
Ex-Date 12/10/20
Payable Date 12/24/20
Div Growth (3yr) -11.76%
Dividend Change -6.3% on 6/1/20
Expected Div 3/1/21
RoC (1yr) 20.56%
RoC (3yr) 6.15%
Tax Dividend Data 2019 2017 - 2019
Income 4.0% 4.2%
ST Gains 6.2% 7.9%
QDI 0% 2.7%
LT Gains 89.9% 87.8%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $1,866
Avg Volume 30 day 159,275
Avg Volume 90 day 159,206
Volume Trend 0.04%
Comp Volume Trend -6.88%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's US Equity Index
Most Correlated Peer (Mk Pr): RVT 98.0%
NAV - Price Correlation (30 d) 99.3%
NAV - Price Correlation (90 d) 99.8%
NAV - Price Correlation (1 Yr) 99.8%
Price St Dev (1Yr) 42.1%
NAV St Dev (1Yr) 39.5%
Earnings / Share (9/30/20) $-0.014
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (6/30/20) $-0.043
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's US Equity Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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