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Royce Micro-Cap Trust, Inc. (RMT)

NYSE - NYSE Delayed Price. Currency in USD
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9.57+0.04 (+0.42%)
At close: 4:00PM EST
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  • M
    Michael
    With the continued popularity of this market segment its possible that this fund might go premium. Currently it trades at bout a 15 % discount to NAV.
  • Y
    Yahoo Finance Insights
    Royce Micro-Cap Trust reached a 52 Week high at 9.44
  • Y
    Yahoo Finance Insights
    Royce Micro-Cap Trust reached a 52 Week high at 9.30
  • Y
    Yahoo Finance Insights
    Royce Micro-Cap Trust reached a 52 Week high at 9.18
  • Y
    Yahoo Finance Insights
    Royce Micro-Cap Trust is up 5.48% to 8.86
  • M
    Mitchell
    When valuing a business development company(BDC) they use book value as an NAV. BDC's are like mutual funds in that they invest in a portfolio of companies. If you value your closed end fund that way you can see how RMT is still a very good value. Book value is $404M while the market cap is $276M so while the fund sells at a nice 14% discount to NAV it sells at an even bigger 42% discount to book value.

    Historically this is not an investment for capital appreciation unless you are adept enough to buy on dips and sell on peaks. As a buy and hold investment all your return will come from the distribution. Because micro cap stocks have under performed over the last 5 years and because of these discounts RMT is a great buy now but also a solid core position for any closed end portfolio.
  • Y
    Yahoo Finance Insights
    RMT is up 5.06% to 9.97
  • j
    john
    top 10 holdings?
  • Y
    Yahoo Finance Insights
    RMT is up 6.00% to 5.37
  • J
    Jane
    RVT looks very good, here. Low p.e., good distributions, good discount. It holds the type of stocks larger corporations in their
    fields like to buy out.
  • Y
    Yahoo Finance Insights
    RMT reached a new 52 Week Low at $8.32
  • Y
    Yahoo Finance Insights
    RMT reached a 52 Week low at $7.32
  • Y
    Yahoo Finance Insights
    RMT reached a 52 Week low at $7.45
  • Y
    Yahoo Finance Insights
    RMT reached a 52 Week low at $7.93
  • Y
    Yahoo Finance Insights
    RMT reached a new 52 Week High at 9.65
  • Y
    Yahoo Finance Insights
    RMT reached a new 52 Week High at 10.50
  • Y
    Yahoo Finance Insights
    RMT is down 5.00% to $7.03
  • Y
    Yahoo Finance Insights
    RMT is down 5.55% to 6.13
  • Y
    Yahoo Finance Insights
    RMT is down 6.36% to 5.15
  • Y
    Yahoo Finance Insights
    RMT is down 5.55% to 6.13