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RVT

Royce Small-Cap Trust

Factsheet
View All
As of 11/26/2025

NAV 1

$18.18

$0.12 (0.66%)
 

Market Price 2

$16.13

$0.16 (1.00%)
 

YTD Total Return At NAV 3

13.38%

 
 

YTD Total Return At Market Price

13.38%

 
 

Premium / Discount 4

-11.28%

 

Distribution Rate at NAV

6.42%

 

Distribution Rate at Market Price

7.26%

 

See the risks and other important information.

Overview

Royce Investment Partners logo
  • Fund Description
  • Meet Your Manager

Fund Description

  • The first small-cap closed-end fund, managed since its inception in 1986 by the same portfolio manager—a recognized pioneer of small-cap investing
  • Core approach that combines multiple investment themes and offers wide exposure to small-cap stocks (generally market caps up to $3 billion) by investing in companies with high returns on invested capital or those with strong fundamentals and/or prospects trading at what Royce believes are attractive valuations

Meet Your Manager

Royce Investment Partners

Royce Investment Partners specializes in small-cap investing, managing both U.S. and international portfolios for individual investors, financial advisors, and institutions. The firm is generally regarded as a pioneer in small-cap investing. Focusing on this distinctive asset class for more than 45 years has given Royce an unparalleled domain knowledge of the small-company investment universe.

Fund Information
Asset Class 
Equity
Total Net Assets  As of 10/31/2025 (Updated Monthly)
$2.15 Billion
Fund Inception Date 
05/04/2007
Fiscal Year End 
December 31
Listing Exchange 
NYSE - XNYS
Benchmark 
Russell 2000 Index
Investment Style 
Small Cap
Morningstar Category5 
Small Blend
Lipper Classification 
Diversified Equity Funds
Dividends
Dividend Frequency, if any 
Quarterly
Distribution Rate at NAV  As of 11/25/2025 (Updated Daily)
6.42%
Distribution Rate at Market Price  As of 11/25/2025 (Updated Daily)
7.26%
Identifiers
Ticker 
RVT
NAV Symbol 
XRVTX
CUSIP Code 
780910105
Trading Characteristics
As of 11/26/2025 (Updated Daily)
Daily Volume 
233,108

Portfolio Managers

Lauren Romeo, CFA®

New York, United States

Steven McBoyle

New York, United States

Andrew Palen

New York, United States

George Necakov, CFA®

New York, United States

Performance

  • Average Annual Total Returns
  • Calendar Year Returns
  • Cumulative Total Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns

As of 10/31/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 9.26 to 15.22.
End of interactive chart.

Month End   As of 10/31/2025
Royce Small-Cap Trust - Market Price (%)
1 Year  
15.14
3 Years  
13.51
5 Years  
13.88
10 Years  
11.95
Since Inception   11/26/1986
9.93
Month End   As of 10/31/2025
Royce Small-Cap Trust - NAV (%)
1 Year  
13.89
3 Years  
15.22
5 Years  
12.41
10 Years  
11.12
Since Inception   11/26/1986
10.44
Month End   As of 10/31/2025
Russell 2000 Index (%)
1 Year  
14.41
3 Years  
11.94
5 Years  
11.50
10 Years  
9.36
Since Inception   11/26/1986
9.26

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.

All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. All returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. Returns for periods of less than one year are not annualized.


Calendar Year Returns

Calendar Year Returns

As of 10/31/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -25.96 to 35.23.
End of interactive chart.

Month End   As of 10/31/2025
Royce Small-Cap Trust - Market Price (%)
YTD  
7.30
2024  
18.13
2023  
18.83
2022  
-25.96
2021  
32.91
2020  
19.25
2019  
35.23
2018  
-20.43
2017  
30.49
2016  
23.48
2015  
-9.59
Performance Inception Date  
11/26/1986
Month End   As of 10/31/2025
Royce Small-Cap Trust - NAV (%)
YTD  
10.95
2024  
12.64
2023  
21.62
2022  
-21.24
2021  
19.97
2020  
21.90
2019  
30.46
2018  
-14.45
2017  
19.38
2016  
26.79
2015  
-8.09
Performance Inception Date  
11/26/1986
Month End   As of 10/31/2025
Russell 2000 Index (%)
YTD  
12.39
2024  
11.54
2023  
16.93
2022  
-20.44
2021  
14.82
2020  
19.96
2019  
25.52
2018  
-11.01
2017  
14.65
2016  
21.31
2015  
-4.41
Performance Inception Date  
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.

All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. All returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. Returns for periods of less than one year are not annualized.


Cumulative Total Returns

Cumulative Total Returns

As of 10/31/2025

The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.

Chart

Line chart with 3 lines.
The chart has 1 X axis displaying Time. Data ranges from 2007-05-01 00:00:00 to 2025-10-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9759.93 to 54832.46.
End of interactive chart.

Month End   As of 10/31/2025
Royce Small-Cap Trust - Market Price (%)
YTD  
7.30
1 Month  
-0.81
3 Months  
7.28
6 Months  
19.07
1 Year  
15.14
3 Years  
46.25
5 Years  
91.56
10 Years  
209.31
15 Years  
—
Since Inception   11/26/1986
3,884.87
Month End   As of 10/31/2025
Royce Small-Cap Trust - NAV (%)
YTD  
10.95
1 Month  
-0.39
3 Months  
6.14
6 Months  
20.79
1 Year  
13.89
3 Years  
52.97
5 Years  
79.45
10 Years  
187.11
15 Years  
—
Since Inception   11/26/1986
4,674.44
Month End   As of 10/31/2025
Russell 2000 Index (%)
YTD  
12.39
1 Month  
1.81
3 Months  
12.48
6 Months  
27.09
1 Year  
14.41
3 Years  
40.26
5 Years  
72.30
10 Years  
144.71
15 Years  
—
Since Inception   11/26/1986
3,052.91

Historical Cumulative Total Returns

Date Selected   As of 10/31/2025
Royce Small-Cap Trust - Market Price (%)
YTD  
7.30
1 Month  
-0.81
3 Months  
7.28
6 Months  
19.07
1 Year  
15.14
3 Years  
46.25
5 Years  
91.56
10 Years  
209.31
15 Years  
—
Since Inception   11/26/1986
3,884.87
Date Selected   As of 10/31/2025
Royce Small-Cap Trust - NAV (%)
YTD  
10.95
1 Month  
-0.39
3 Months  
6.14
6 Months  
20.79
1 Year  
13.89
3 Years  
52.97
5 Years  
79.45
10 Years  
187.11
15 Years  
—
Since Inception   11/26/1986
4,674.44
Date Selected   As of 10/31/2025
Russell 2000 Index (%)
YTD  
12.39
1 Month  
1.81
3 Months  
12.48
6 Months  
27.09
1 Year  
14.41
3 Years  
40.26
5 Years  
72.30
10 Years  
144.71
15 Years  
—
Since Inception   11/26/1986
3,052.91

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.

All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. All returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. Returns for periods of less than one year are not annualized.


Risk Measures

Risk Measures7

 As of 09/30/2025
Measured against: Russell 2000 Index
Statistics 3 Years 5 Years 10 Years
R-Squared0.950.95 0.95
Historical Tracking Error5.005.20 4.51
Information Ratio0.550.14 0.38
Standard Deviation (%) 3 Years 5 Years 10 Years
Royce Small-Cap Trust - NAV18.7620.13 20.00

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.

All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. All returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. Returns for periods of less than one year are not annualized.


Portfolio

Assets

As of 10/31/2025 Updated Monthly
Total Net Assets6 
$2.15 Billion

Portfolio Allocations

Asset Allocation

As of 09/30/2025 % of Total Updated Quarterly

Chart

Bar chart with 2 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 16.68177 to 83.31823.
End of interactive chart.
Fund
U.S. Investments 83.32%
Non-U.S. Investments 16.68%

Portfolio Holdings

Holdings

As of 09/30/2025 Updated Quarterly
Security Name 
Fixed Income Clearing Corporation
Weight (%) 
5.12
Market Value ($) 
110,339,933
Quantity 
110,339,933
Security Name 
IES Holdings
Weight (%) 
2.28
Market Value ($) 
49,164,651
Quantity 
123,638
Security Name 
Assured Guaranty Ltd
Weight (%) 
1.40
Market Value ($) 
30,123,295
Quantity 
355,857
Security Name 
E-L Financial
Weight (%) 
1.11
Market Value ($) 
23,859,181
Quantity 
2,052,214
Security Name 
API Group Corp.
Weight (%) 
1.06
Market Value ($) 
22,793,497
Quantity 
663,180
Security Name 
SEI Investments Co
Weight (%) 
1.04
Market Value ($) 
22,484,741
Quantity 
264,994
Security Name 
Brady Corporation Cl. A
Weight (%) 
1.00
Market Value ($) 
21,551,184
Quantity 
276,191
Security Name 
International General Insurance Holdings
Weight (%) 
0.97
Market Value ($) 
20,985,630
Quantity 
904,553
Security Name 
Arcosa
Weight (%) 
0.96
Market Value ($) 
20,761,451
Quantity 
221,550
Security Name 
Dorman Products
Weight (%) 
0.95
Market Value ($) 
20,475,150
Quantity 
131,352

Portfolio holdings are based on total portfolio, and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. Any negative allocations or allocations in excess of 100% are primarily due to unsettled trade activities.

Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.

Tax

  • Distributions
  • Tax Information

Distributions

Distribution Schedules

Dividend Frequency, if any  This fund is an ex-Dividend fund
Quarterly

Download Distribution Summary

Rates and Yields

Read important information about results and other investment disclosures
Distribution Rate
As of 11/25/2025
At Net Asset Value (NAV) 
6.42%
At Market Price 
7.26%

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share

Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
Record Date  
09/12/2025
Ex-Dividend Date  
09/12/2025
Payable Date  
09/25/2025
Total Distribution Per Share  
$0.29
Record Date  
06/12/2025
Ex-Dividend Date  
06/12/2025
Payable Date  
06/25/2025
Total Distribution Per Share  
$0.29
Record Date  
03/13/2025
Ex-Dividend Date  
03/13/2025
Payable Date  
03/26/2025
Total Distribution Per Share  
$0.30
Historical Distributions Per Share
Since Inception Year
  • 2024
  • Since Inception
Record Date  
12/12/2024
Ex-Dividend Date  
12/12/2024
Payable Date  
12/23/2024
Total Distribution Per Share  
$0.44
Record Date  
09/13/2024
Ex-Dividend Date  
09/13/2024
Payable Date  
09/23/2024
Total Distribution Per Share  
$0.28
Record Date  
06/13/2024
Ex-Dividend Date  
06/13/2024
Payable Date  
06/24/2024
Total Distribution Per Share  
$0.28

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 13-3356097
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
2024 Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
Record Date  
Mar 11
Ordinary Dividends  
0.055272
Qualified Dividends  
0.038956
Capital Gain Distributions  
0.214728
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Record Date  
Jun 13
Ordinary Dividends  
0.05732
Qualified Dividends  
0.040399
Capital Gain Distributions  
0.22268
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Record Date  
Sep 13
Ordinary Dividends  
0.05732
Qualified Dividends  
0.040399
Capital Gain Distributions  
0.22268
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Record Date  
Dec 12
Ordinary Dividends  
0.090074
Qualified Dividends  
0.063484
Capital Gain Distributions  
0.349926
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
0.259985
Qualified Dividends  
0.183238
Capital Gain Distributions  
1.010015
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Supplemental Tax Information
Foreign Source Income 
—
Foreign Source Qualified Dividends 
—
Direct U.S. Government Obligations 
—
Specified Private Activity Bond Interest 
—
Dividends Received Deduction 
48.55%
Section 163(j) 
—
Indiana Resident Taxable Income 
—
Utah Resident Taxable Income 
—

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

  • Pricing
  • Premium/Discount

Pricing

Pricing History Chart

As of 11/26/2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2007-05-08 00:00:01 to 2025-11-27 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 4.94 to 22.6.
End of interactive chart.

Daily Fund Prices

As of 11/26/2025

Share Prices

As of 11/26/2025
NAV1 (Net Asset Value)
$18.18
NAV Change1 
$0.12
NAV Change (%)1 
0.66%
Market Price2 
$16.13
Market Price Change2 
$0.16
Market Price Change (%)2 
1.00%

52-Week Range

Highest NAV 
$18.85
Highest Market Price 
$16.87
Lowest NAV 
$13.68
Lowest Market Price 
$12.50

Premium / Discount

As of 11/26/2025
Avg. of Market Price vs. NAV at Close 
-11.28%
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 11/26/2025
$18.18 (USD)
Market Price  As of 11/26/2025
$16.13 (USD)
Highest NAV  As of 11/27/2025
$18.18 (USD)
Highest Market Price  As of 10/27/2025
$16.32 (USD)
Lowest NAV  As of 11/20/2025
$17.02 (USD)
Lowest Market Price  As of 11/20/2025
$14.99 (USD)

Historical Pricing Results   From   10/27/2025   To   11/27/2025

Date 
11/27/2025
NAV  
$18.18
NAV Change  
$0.12
NAV Change (%)  
0.66%
Market Price  
$16.13
Market Price Change  
$0.16
Market Price Change (%)  
1.00%
Avg. of Market Price vs. NAV at Close  
-11.28%
Date 
11/26/2025
NAV  
$18.18
NAV Change  
$0.12
NAV Change (%)  
0.66%
Market Price  
$16.13
Market Price Change  
$0.16
Market Price Change (%)  
1.00%
Avg. of Market Price vs. NAV at Close  
-11.28%
Date 
11/25/2025
NAV  
$18.06
NAV Change  
$0.36
NAV Change (%)  
2.03%
Market Price  
$15.97
Market Price Change  
$0.31
Market Price Change (%)  
1.98%
Avg. of Market Price vs. NAV at Close  
-11.57%
Date 
11/24/2025
NAV  
$17.70
NAV Change  
$0.26
NAV Change (%)  
1.49%
Market Price  
$15.66
Market Price Change  
$0.28
Market Price Change (%)  
1.82%
Avg. of Market Price vs. NAV at Close  
-11.53%
Date 
11/21/2025
NAV  
$17.44
NAV Change  
$0.42
NAV Change (%)  
2.47%
Market Price  
$15.38
Market Price Change  
$0.39
Market Price Change (%)  
2.60%
Avg. of Market Price vs. NAV at Close  
-11.81%
Date 
11/20/2025
NAV  
$17.02
NAV Change  
$-0.26
NAV Change (%)  
-1.50%
Market Price  
$14.99
Market Price Change  
$-0.26
Market Price Change (%)  
-1.70%
Avg. of Market Price vs. NAV at Close  
-11.93%
Date 
11/19/2025
NAV  
$17.28
NAV Change  
$0.05
NAV Change (%)  
0.29%
Market Price  
$15.25
Market Price Change  
$0.04
Market Price Change (%)  
0.26%
Avg. of Market Price vs. NAV at Close  
-11.75%
Date 
11/18/2025
NAV  
$17.23
NAV Change  
$0.02
NAV Change (%)  
0.12%
Market Price  
$15.21
Market Price Change  
$0.01
Market Price Change (%)  
0.07%
Avg. of Market Price vs. NAV at Close  
-11.72%
Date 
11/17/2025
NAV  
$17.21
NAV Change  
$-0.35
NAV Change (%)  
-1.99%
Market Price  
$15.20
Market Price Change  
$-0.30
Market Price Change (%)  
-1.94%
Avg. of Market Price vs. NAV at Close  
-11.68%
Date 
11/14/2025
NAV  
$17.56
NAV Change  
$-0.04
NAV Change (%)  
-0.23%
Market Price  
$15.50
Market Price Change  
$0.00
Market Price Change (%)  
0.00%
Avg. of Market Price vs. NAV at Close  
-11.73%
Date 
11/13/2025
NAV  
$17.60
NAV Change  
$-0.38
NAV Change (%)  
-2.11%
Market Price  
$15.50
Market Price Change  
$-0.41
Market Price Change (%)  
-2.58%
Avg. of Market Price vs. NAV at Close  
-11.93%
Date 
11/12/2025
NAV  
$17.98
NAV Change  
$0.05
NAV Change (%)  
0.28%
Market Price  
$15.91
Market Price Change  
$-0.01
Market Price Change (%)  
-0.06%
Avg. of Market Price vs. NAV at Close  
-11.51%
Date 
11/11/2025
NAV  
$17.93
NAV Change  
$0.02
NAV Change (%)  
0.11%
Market Price  
$15.92
Market Price Change  
$0.07
Market Price Change (%)  
0.44%
Avg. of Market Price vs. NAV at Close  
-11.21%
Date 
11/10/2025
NAV  
$17.91
NAV Change  
$0.18
NAV Change (%)  
1.02%
Market Price  
$15.85
Market Price Change  
$0.07
Market Price Change (%)  
0.44%
Avg. of Market Price vs. NAV at Close  
-11.50%
Date 
11/07/2025
NAV  
$17.73
NAV Change  
$0.15
NAV Change (%)  
0.85%
Market Price  
$15.78
Market Price Change  
$0.09
Market Price Change (%)  
0.57%
Avg. of Market Price vs. NAV at Close  
-11.00%
Date 
11/06/2025
NAV  
$17.58
NAV Change  
$-0.19
NAV Change (%)  
-1.07%
Market Price  
$15.69
Market Price Change  
$-0.26
Market Price Change (%)  
-1.63%
Avg. of Market Price vs. NAV at Close  
-10.75%
Date 
11/05/2025
NAV  
$17.77
NAV Change  
$0.26
NAV Change (%)  
1.48%
Market Price  
$15.95
Market Price Change  
$0.24
Market Price Change (%)  
1.53%
Avg. of Market Price vs. NAV at Close  
-10.24%
Date 
11/04/2025
NAV  
$17.51
NAV Change  
$-0.25
NAV Change (%)  
-1.41%
Market Price  
$15.71
Market Price Change  
$-0.15
Market Price Change (%)  
-0.95%
Avg. of Market Price vs. NAV at Close  
-10.28%
Date 
11/03/2025
NAV  
$17.76
NAV Change  
$-0.03
NAV Change (%)  
-0.17%
Market Price  
$15.86
Market Price Change  
$-0.14
Market Price Change (%)  
-0.88%
Avg. of Market Price vs. NAV at Close  
-10.70%
Date 
10/31/2025
NAV  
$17.79
NAV Change  
$0.04
NAV Change (%)  
0.23%
Market Price  
$16.00
Market Price Change  
$0.09
Market Price Change (%)  
0.57%
Avg. of Market Price vs. NAV at Close  
-10.06%
Date 
10/30/2025
NAV  
$17.75
NAV Change  
$-0.13
NAV Change (%)  
-0.73%
Market Price  
$15.91
Market Price Change  
$-0.14
Market Price Change (%)  
-0.87%
Avg. of Market Price vs. NAV at Close  
-10.37%
Date 
10/29/2025
NAV  
$17.88
NAV Change  
$-0.20
NAV Change (%)  
-1.11%
Market Price  
$16.05
Market Price Change  
$-0.17
Market Price Change (%)  
-1.05%
Avg. of Market Price vs. NAV at Close  
-10.23%
Date 
10/28/2025
NAV  
$18.08
NAV Change  
$-0.07
NAV Change (%)  
-0.39%
Market Price  
$16.22
Market Price Change  
$-0.10
Market Price Change (%)  
-0.61%
Avg. of Market Price vs. NAV at Close  
-10.29%
Date 
10/27/2025
NAV  
$18.15
NAV Change  
$-0.05
NAV Change (%)  
-0.27%
Market Price  
$16.32
Market Price Change  
$0.01
Market Price Change (%)  
0.06%
Avg. of Market Price vs. NAV at Close  
-10.08%

Premium/Discount

Historical Premium/Discount 4

 As of 11/26/2025 Updated Daily
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 24 data points.
The chart has 1 X axis displaying Time. Data ranges from 2025-10-27 00:00:01 to 2025-11-27 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from -11.9318 to -10.0618.
End of interactive chart.

Documents

Fund Literature

PDF Format

Factsheet - Royce Value Trust

PDF Format

Closed-End Funds Product Guide

Regulatory Documents

PDF Format

Prospectus - Non-Transferable Rights - Royce Value Trust

Mailed hardcopies unavailable.

View Fund's SEC Filing

Risks

What Are the Risks?

The Fund invests primarily in securities of small-cap and micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund’s broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency, and other risks not encountered in U.S. investments. Distributions are not guaranteed and are subject to change.