Business & Finance
Business and Finance
Business and Finance
Thu, October 14, 2010
Wed, October 13, 2010 Royce Micro-Cap Trust (NYSE: RMT) as of September 30, 2010
NEW YORK--([ BUSINESS WIRE ])--Royce Micro-Cap Trust (NYSE: RMT):
- Only micro-cap closed-end fund
- Average weekly trading volume of approximately 281,000 shares
- Funda™s adviser has more than 35 years of small- and micro-cap investment experience
Closing Prices a" September 30, 2010
| NAV | $ | 9.72 | |
| MKT | $ | 8.27 |
| Total Return Performance | ||||
| Periods ended September 30, 2010 | NAV | MKT | ||
| 1 Month* | 12.11% | 14.61% | ||
| Year to Date* | 9.21 | 12.21 | ||
| One-Year | 13.42 | 13.29 | ||
| Three-Year Average Annual | -5.89 | -8.06 | ||
| Five-Year Average Annual | 1.40 | -1.70 | ||
| 10-Year Average Annual | 8.00 | 7.96 | ||
*Not annualized
| Portfolio Diagnostics | ||
| Wtd Average Geometric Market Cap: | $315 million | |
| Wtd. Average P/E Ratio: | 15.5x* | |
| Wtd. Average P/B Ratio: | 1.4x | |
| Net Assets Applicable to Common Stock: | $326 million | |
| Net Leverage: | 11.9% |
*Excludes 21% of portfolio holdings with zero or negative earnings as of9/30/10.
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. Kennedy Wilson Holdings | 2.5% | |
| 2. Sapient Corp. | 2.3 | |
| 3. Seneca Foods Cl. B | 1.4 | |
| 4. iGATE Corp. | 1.3 | |
| 5. Tennant Company | 1.1 | |
| 6. FlexSteel Industries | 1.0 | |
| 7. Richardson Electronics | 1.0 | |
| 8. SFN Group | 1.0 | |
| 9. Epoch Holding Corp. | 1.0 | |
| 10. Hawkins | 0.9 | |
| Top Five Industries | % of Net Assets | |
| 1. Industrial Products | 24% | |
| 2. Technology | 19 | |
| 3. Industrial Services | 13 | |
| 4. Natural Resources | 13 | |
| 5. Health | 10 | |
Recent Developments
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 Funda™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 ]
