Business & Finance
Business and Finance
Business and Finance
Fri, February 20, 2009
Thu, February 19, 2009 Royce Micro-Cap Trust (NYSE: RMT) as of January 31, 2009
NEW YORK--([ BUSINESS WIRE ])--Royce Micro-Cap Trust (NYSE: RMT):
Closing Prices – January 31, 2009 | ||
| NAV | $ | 5.81 |
| MKT | $ | 5.47 |
Total Return Performance | ||||||
Periods ended January 31, 2009 | NAV | MKT | ||||
| 1 Month* | -9.08 | % | -2.67 | % | ||
| Year to Date* | -9.08 | -2.67 | ||||
| One-Year | -46.13 | -45.27 | ||||
| Three-Year Average Annual | -18.00 | -19.67 | ||||
| Five-Year Average Annual | -5.91 | -6.29 | ||||
| 10-Year Average Annual | 5.06 | 6.28 | ||||
| *Not annualized | ||||||
Portfolio Diagnostics | ||
| Wtd Average Market Cap: | $269 million | |
| Wtd. Average P/E Ratio: | 9.5x* | |
| Wtd. Average P/B Ratio: | 0.8x | |
| Wtd. Average Portfolio Yield: | 1.5% | |
| Net Assets Attributable to Common Stock: | $214 million | |
| Net Leverage: | 28% | |
*Excludes 21% of portfolio holdings with zero or negative earnings as of 1/31/09.
Net leverage is the percentage, in excess of 100%, of the total value of equity type investments, divided by net assets applicable to common stock.
Portfolio Composition | |||
Top 10 Positions | % of Net Assets | ||
| 1. Seneca Foods Cl. B | 2.4 | % | |
| 2. Pegasystems | 2.3 | ||
| 3. Sapient Corp. | 1.4 | ||
| 4. Pason Systems | 1.3 | ||
| 5. AAON | 1.3 | ||
| 6. Fauquier Bancshares | 1.2 | ||
| 7. eResearch Technology | 1.2 | ||
| 8. RTI International Metals | 1.1 | ||
| 9. Hawkins | 1.1 | ||
| 10. HEICO Corp. | 1.1 | ||
Top Five Industries | % of Net Assets | ||
| 1. Technology | 23 | % | |
| 2. Industrial Products | 22 | ||
| 3. Industrial Services | 15 | ||
| 4. Health | 14 | ||
| 5. Financial Intermediaries | 13 | ||
Recent Development
Royce Micro-Cap Trust, Inc. is a closed-end diversified investment company whose shares of Common Stock (RMT) and 6.00% Cumulative Preferred Stock (RMTpra) are listed and traded on the New York Stock Exchange. The Fund's investment goal is long-term capital growth, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalization of $500 million or less.
Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc. are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XOTCX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at [ www.roycefunds.com ].
