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Royce Value Trust, Inc. Common Message Board

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  • edtexin May 19, 2009 8:48 PM Flag

    change in distribution

    No need to panic, the NAV went up today .04 to 9.49 while the market price went down .54 to 8.37 because some people think that they will lose money with the change in distribution policy and sold.

    Whenever the fund went X-dividend the net asset valve dropped by that ammount and the market price dropped as well so, you really didn't gain anything when the fund went X-dividend. The only difference is that you don't get a dividend check every quarter but it does not change the principle so in effect it's no gain or loss.

12.77-0.03(-0.23%)Aug 30 4:02 PMEDT