Business & Finance
Business and Finance
Business and Finance
Thu, December 23, 2010
Wed, December 22, 2010 Royce Value Trust (NYSE: RVT) as of November 30, 2010
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
- Funda™s adviser has more than 35 years of small- and micro-cap investment experience
Closing Prices a" November 30, 2010 | ||||||||
| NAV $15.38 | ||||||||
| MKT $13.10 | ||||||||
Total Return Performance | ||||||||
Periods ended November 30, 2010 | NAV | MKT | ||||||
| Month* | 2.47% | 2.91% | ||||||
| Year to Date* | 19.50 | 21.41 | ||||||
| One-Year | 27.00 | 31.26 | ||||||
| Three-Year Average Annual | -1.93 | -4.46 | ||||||
| Five-Year Average Annual | 3.48 | -1.33 | ||||||
| 10-Year Average Annual | 8.79 | 8.35 | ||||||
| ||||||||
| *Not Annualized | ||||||||
Portfolio Diagnostics | ||||||||
| Wtd. Average Geometric Mkt. Cap: | $1259 | million | ||||||
| Wtd. Average P/E Ratio: | 17.1* | |||||||
| Wtd. Average P/B Ratio: | 1.9x | |||||||
| Net Assets Applicable to Common Stock: | $1235 | million | ||||||
| Net Leverage: | 6.8% |
*The Funda™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. HEICO Corp. | 1.0% | |
| 2. Oil States International. | 1.0 | |
| 3. Rofin-Sinar Technologies | 0.9 | |
| 4. Sapient Corp. | 0.9 | |
| 5. Alleghany Corp. | 0.8 | |
| 6. Coherent | 0.8 | |
| 7. Nordson Corp. | 0.8 | |
| 8. Woodward Governor | 0.8 | |
| 9. SEACOR Holdings | 0.8 | |
| 10. Ash Grove Cement Cl. B | 0.8 | |
Top Five Industries | % of Net Assets | |
| 1. Industrial Products | 23% | |
| 2. Technology | 19 | |
| 3. Industrial Services | 13 | |
| 4. Natural Resources | 12 | |
| 5. Financial Services | 11 | |
Recent Developments
Royce Value Trust, Inc. (NYSE - RVT) has declared a distribution of $0.03 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 Value Trust, Inc. has declared a cash dividend of $0.36875 per share on its Cumulative Preferred Stock, based on an annual rate of 5.90% 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 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 ].
