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Royce Value Trust (RVT)

U.S. Equity Funds - General Equity Funds

Data as of Sept. 29, 2023
Market Price $12.87 (- $0.06)
NAV (Sept. 29, 2023) $14.78 (- $0.11)
Fund Listed NYSE
Premium / Discount -12.92% (+0.24%)
Fund Info
Inception Nov. 26, 1986
Phone (800) 221-4268
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: Long-term growth of capital; Small-cap stocks
Related Indexes
15 Major CEF Sectors Index
US Equity Index
Equity Income Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
Tax-Advantaged Equity Dividend Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 111,670,784
Total Assets (Reported: June 30, 2023) $1,793M
Estimated Total Assets $1,683M
Net Assets $1,650M
Market Cap $1,437M
Portfolio Turnover 28.00%
Total Leverage 1.96%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.23%
Non Lev Exp Ratio 1.11%
Rel Lev Cost 5.98%
Discount Data
Average Discount (3 Yr) -9.24%
Discount Low(3 Yr) -16.38%
Discount High(3 Yr) -1.08%
Discount Rel Range (3 Yr) 22.63%
Comp Discount -1.14
Discount St Dev (1Yr) 2.79
Z-Stat (6mo) -0.30
Z-Stat (1Yr) -0.92
Z-Stat (3Yr) -1.06
Comp Z-Stat (6mo) -0.30
Comp Z-Stat (3Yr) -0.39
Distribution Data
Market Yield 8.08%
Income Yield 0.04%
Lev Adj NAV Yield 6.90%
Distribution Frequency Q
Current Distribution $0.260
Current Income $0.001
Ex-Date 9/8/23
Payable Date 9/22/23
Div Growth (3yr) 4.00%
Dividend Change 4.0% on 9/1/23
Expected Div 12/1/23
RoC (1yr) 22.73%
RoC (3yr) 9.78%
Tax Dividend Data 2022 2020 - 2022
Income 9.0% 6.3%
ST Gains 9.2% 12.7%
QDI 4.2% 14.1%
LT Gains 67.3% 76.2%
RoC 14.6% 4.9%
Volume & Liquidity
Average Daily $ (K) $2,572
Avg Volume 30 day 198,931
Avg Volume 90 day 199,812
Volume Trend -0.44%
Comp Volume Trend -5.55%
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): RMT 94.0%
NAV - Price Correlation (30 d) 99.5%
NAV - Price Correlation (90 d) 99.0%
NAV - Price Correlation (1 Yr) 77.8%
Price St Dev (1Yr) 24.0%
NAV St Dev (1Yr) 20.7%
Earnings / Share (6/30/23) $0.008
Earn Coverage 3.12%
Earnings Trend Down
UNII / Share (6/30/23) $0.006
Rel UNII 105.36
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 For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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