Royce Micro-Cap Trust, Inc.

Royce Micro-Cap Trust (NYSE: RMT) as of Aug 31, 2026

Royce Micro-Cap Trust's monthly snapshot as of Aug 31, 2026 shows a NAV of $15.55 against a market price of $14.00, a discount of roughly 10%. The fund posted strong returns: 36.14% YTD on NAV and 44.75% over one year, with net assets of $842.5M and net leverage of just 3.0%. The release is a routine periodic disclosure with no new corporate action; it lists top holdings such as EZCORP and CareDx, each under 1.5% of net assets.

•27d ago

RMT: DEF 14A · proxy statement

Royce Micro-Cap Trust filed its definitive proxy statement on August 14, 2026 for its annual meeting on October 7, 2026. The sole substantive proposal is the election of two Class III directors — Christopher D. Clark, the fund's president and an interested director, and lead independent director Christopher C. Grisanti — to three-year terms expiring at the 2029 annual meeting, with the board recommending votes FOR both nominees. The most notable disclosure is ownership context: Saba Capital Management, L.P. (Boaz Weinstein) beneficially owned 3,786,726 shares, or 7.08%, per a Schedule 13D/A filed August 5, 2026, and Morgan Stanley reported 6.0% ownership. A total of 54,191,506 shares of common stock were outstanding as of the August 5, 2026 record date. The proxy also recounts the Maryland Control Share Acquisition Act litigation that Saba brought against closed-end funds: on June 11, 2026, the Supreme Court held that Section 47(b) of the Investment Company Act does not impliedly empower private parties to sue for rescission of contracts, and the case was remanded — a development favorable to the fund's control-share takeover defense. The filing is otherwise routine, with PWC audit fees of $43,490 for fiscal 2025 and G. Peter O'Brien's retirement from the board effective December 31, 2025.

SEC DEF 14A•2mo ago

Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2026

Royce Micro-Cap Trust reported a net asset value (NAV) of $15.73 and a market price of $14.04 as of May 31, 2026. The fund posted strong year-to-date returns of 35.72% on an NAV basis and 36.93% on a market basis, with one-year returns reaching 70.80%. Total net assets were 847.4M, with a portfolio average market cap of $1070.9M and net leverage of 1.5%.

•4mo ago

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Second Quarter Common Stock Distribution of $0.21 Per Share

Royce Micro-Cap Trust declared a second-quarter distribution of $0.21 per share, payable June 29, 2026, to shareholders of record on June 11. The distribution is estimated to be sourced 97% from net realized long-term capital gains and 3% from short-term gains, with no contribution from net investment income. The fund’s annualized distribution rate stands at 5.34% of NAV, while the cumulative fiscal year distribution rate is 2.54%.

•4mo ago

Royce Micro-Cap Trust (NYSE: RMT) as of Apr 30, 2026

Royce Micro-Cap Trust reported a NAV of $14.81 as of April 30, 2026, while shares traded at $13.22, reflecting a 10.7% discount to NAV. The fund’s net assets stand at $797.7 million, with a portfolio weighted toward Industrials (29.7%) and Information Technology (24.0%). Year-to-date returns were 27.78% on a NAV basis and 28.93% on a market price basis, driven by strong performance in micro-cap equities.

•5mo ago

Royce Micro-Cap Trust (NYSE: RMT) as of Mar 31, 2026

Royce Micro-Cap Trust reported NAV and market prices of $12.78 and $11.31 respectively as of March 31, 2026. The fund posted a strong one-year NAV return of 47.36%, outperforming the market price return of 44.95%, while net assets stood at $688.2 million. Portfolio diagnostics show an average market cap of $915.9M with net leverage of 2.5% and a top sector weight of 27.5% in Industrials.

•5mo ago