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Royce Micro-Cap Trust (NYSE: RMT) as of November 30, 2010

^{Published on 2010-12-22 07:06:24 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Royce Micro-Cap Trust (NYSE: RMT)

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.

Recent Developments

Royce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a distribution of $0.08 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 23, 2010 to stockholders of record at the close of business on December 6, 2010 (ex-dividend on December 2, 2010). The price of shares issued for reinvestment was determined on December 13, 2010.

Royce Micro-Cap Trust, Inc. has declared a cash dividend of $0.375 per share on its Cumulative Preferred Stock, based on an annual rate of 6.00% of the initial liquidation preference of $25.00 per share. The dividend is to be paid on December 23, 2010 to stockholders of record at the close of business on December 6, 2010 (ex-dividend on December 2, 2010).

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 ].