Royce Value Trust (NYSE:RVT) as of June 30, 2014

  • Oldest and largest small-cap closed-end fund
  • Average weekly trading volume of approximately 341,000 shares
  • Fund’s adviser has more than 35 years of small- and micro-cap investment experience

NEW YORK--()--Royce Value Trust (NYSE:RVT):

Closing Prices – June 30, 2014

 
NAV     $18.00
MKT $16.00

Total Return Performance

     

Periods ended June 30, 2014

NAV

MKT

 
1 Month* 4.38 % 5.23 %
Year to Date* 3.00 3.90
One-Year 21.90 22.64
Three-Year Average Annual 10.81 11.69
Five-Year Average Annual 19.30 19.37
10-Year Average Annual 8.28 7.20
 
*Not Annualized

Portfolio Diagnostics

 
 
Wtd. Average Geometric Mkt. Cap: $1574million
Wtd. Average P/E Ratio: 21.0*
Wtd. Average P/B Ratio: 2.0x
Net Assets: $1317million
Net Leverage: 0%

*The Fund’s P/E ratio calculation excludes companies with zero or negative earnings.

 
Net leverage is the percentage, in excess of 100%, of the total value of equity type investments, divided by net assets.

Portfolio Composition

 

Top 10 Positions

% of Net Assets

1.   HEICO Corp. 1.3%
2. On Assignment

0.9

3. Ash Grove Cement Co. Cl. B 0.9
4. Federated Investors, Cl. B 0.9
5. Reliance Steel & Aluminum 0.8
6. Tejon Ranch Co. 0.8
7. E-L Financial 0.8
8. Woodward 0.8
9. Coherent 0.8

10.

 

Forward Air Corp. 0.8
 

Top Five Sectors

% of Net Assets

1. Industrials 31%
2. Information Technology 20
3. Financials 14
4. Consumer Discretionary 12
5. Materials 8

Recent Developments

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

Daily net asset values (NAVs) for Royce Value Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRVTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.roycefunds.com.

Contacts

Royce Value Trust
John D. Diederich, 212-355-7311

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Contacts

Royce Value Trust
John D. Diederich, 212-355-7311