Business & Finance
Business and Finance
Business and Finance
Fri, February 20, 2009
Thu, February 19, 2009 Royce Value Trust (NYSE: RVT) as of January 31, 2009
NEW YORK--([ BUSINESS WIRE ])--Royce Value Trust (NYSE: RVT)
- Oldest and largest small-cap closed-end fund
- Average weekly trading volume of approximately 341,000 shares
- Fund's adviser has more than 30 years of small- and micro-cap investment experience
Closing Prices – January 31, 2009 | ||||
| NAV | $8.31 | |||
| MKT | $7.75 | |||
Total Return Performance | ||||
Periods ended January 31, 2009 | NAV | MKT | ||
| 1 Month* | -11.31% | -7.63% | ||
| Year to Date* | -11.31 | -7.63 | ||
| One-Year | -46.78 | -47.15 | ||
| Three-Year Average Annual | -17.76 | -19.90 | ||
| Five-Year Average Annual | -5.33 | -6.65 | ||
| 10-Year Average Annual | 3.79 | 4.48 | ||
| *Not Annualized | ||||
Portfolio Diagnostics | ||||
| Wtd. Average Market Cap: | $1110 million | |||
| Wtd. Average P/E Ratio: | 10.6* | |||
| Wtd. Average P/B Ratio: | 0.6x | |||
| Wtd. Average Portfolio Yield: | 1.9% | |||
| Net Assets Attributable to Common Stock: | $754 million | |||
| Net Leverage: | 23% | |||
*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, applicable to common stock. | ||||
Portfolio Composition | ||||
Top 10 Positions | % of Net Assets | |||
| 1. Ash Grove Cement | 1.9% | |||
| 2. SEACOR Holdings | 1.5 | |||
| 3. Ritchie Bros. | 1.4 | |||
| 4. Adaptec | 1.2 | |||
| 5. Alleghany Corp. | 1.2 | |||
| 6. HEICO Corp. | 1.1 | |||
| 7. Hewitt Associates Cl. A | 1.1 | |||
| 8. Landauer | 1.1 | |||
| 9. AllianceBernstein Holding | 1.1 | |||
| 10. Simpson Manufacturing | 1.1 | |||
Top Five Industries | % of Net Assets | |||
| 1. Industrial Products | 23% | |||
| 2. Technology | 20 | |||
| 3. Industrial Services | 18 | |||
| 4. Financial Intermediaries | 16 | |||
| 5. Financial Services | 15 | |||
Recent Developments
Royce Value Trust is a closed-end diversified management investment company whose shares of Common (RVT) and 5.90% Cumulative Preferred Stock (RVTprb) 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 75% 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 ].
