Royce Value Trust (MARKET: RVT | NAV: XRVTX)
Closed-End Fund
- NAV as of 10/6/2008 $12.58
- Daily NAV change
Management Team
Portfolio Managers
- Charles M. Royce
- 45 Years of Experience;
- 35 Years at Royce
Assistant Portfolio Managers
- Chris E. Flynn
- 24 Years of Experience;
- 15 Years at Royce
- Michael W. Hveem
- 14 Years of Experience;
- 9 Years at Royce
- David A. Nadel
- 16 Years of Experience;
- 2 Years at Royce
Top 10 Positions
| Share of Net Assets | |
|---|---|
| Ritchie Bros. Auctioneers | 1.4% |
| AllianceBernstein Holding L.P. | 1.3% |
| Ash Grove Cement Cl. B | 1.3% |
| Lincoln Electric Holdings | 1.2% |
| PAREXEL International | 1.2% |
| Weyco Group | 1.1% |
| SEACOR Holdings | 1.1% |
| Woodward Governor | 1.1% |
| IDEXX Laboratories | 1.0% |
| Lazard Cl. A | 0.9% |
| Top 10 as % of Total | 11.7% |
Special Closed-End Fund Info
How to Puchase Shares
Overview of the DRIP Plan
What is Preferred Stock?
SEC Filings
Objective and Strategy
Royce Value Trust is a closed-end small-cap fund with more than 15 years of performance history. The Fund seeks long-term capital appreciation by investing primarily in small capitalization companies using a disciplined value approach.
Performance
Average Annual Total Returns
| 3Q* | YTD* | 1YR | 3YR | |
|---|---|---|---|---|
| XRVTX | -8.26% | -18.97% | -21.09% | 1.46% |
| Russell 2000 | -1.11% | -10.38% | -14.48% | 1.83% |
| 5YR | 10YR | 15YR | 20YR | |
|---|---|---|---|---|
| XRVTX | 8.71% | 10.79% | 10.71% | 11.42% |
| Russell 2000 | 8.15% | 7.81% | 8.23% | 9.47% |
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund normally invests in small- and micro-cap companies, which may involve considerably more risk than investing in a more diversified portfolio of larger-cap companies. The Russell 2000 is an unmanaged, capitalization-weighted index of domestic small-cap stocks. It measures the performance of the 2,000 smallest publicly traded U.S. companies in the Russell 3000 index.
Fund Statistics
| Symbol: Market Price | RVT |
|---|---|
| Symbol: NAV | XRVTX |
| Fund Net Assets (Attributable to Common Stock) | $1.14 billion |
| Number of Holdings | 645 |
| Minimum Investment | n/a |
| Cusip Number | 780910105 |
| Inception Date | 11/26/1986 |
| Benchmark Index | Russell 2000 |
Growth of Hypothetical $10,000
Invested 11/26/1986
Capital Structure:
Publicly Traded Securities Outstanding at 3/31/08
60.0 Million Shares of Common Stock
|
6.00% Cumulative Preferred Stock
|
© Royce & Associates, LLC, 1414 Avenue of the Americas, New York, NY 10019, (800) 221-4268. All rights reserved. Distributor of The Royce
Fund and Royce Capital Fund: Royce Fund Services, Inc., a wholly owned
subsidiary of Royce & Associates. View our Policies & Procedures, including, among others, our Sarbanes-Oxley Code of Ethics, Privacy Policy and Proxy Voting Guidelines and Procedures.Full HTML Version