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Managed Fund Since 2024
Overview
Fund Facts
Fund description
A closed-end fund dedicated to investing in both U.S. and non-U.S. small-cap stocks. Core approach that offers wide exposure to both U.S. and non-U.S. small/mid-cap stocks (generally market caps up to $10 billion). Invests in companies with high returns on invested capital or those with strong fundamentals and/or prospects trading at what Royce believes are attractive valuations.
- Fund Inception Date
- 10/18/2013
- Total Net Assets
As of 04/30/2026 (Updated Monthly) - $110.51 Million
- Dividend Frequency, if any
- Annually
- Morningstar Category
5 - Global Small/Mid Stock
- Asset Class
- Equity
Identifiers
- Ticker
- RGT
- NAV Symbol
- XRGTX
- CUSIP Code
- 78081T104
Average Annual Total Returns As of 04/30/2026
- 36.89%1 Year
- 20.82%3 Years
- 5.37%5 Years
- 11.07%10 Years
- 7.53%Since Inception
10/17/2013
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Asset Allocation
As of 03/31/2026 % of Total (Updated Quarterly)
Non-U.S. Investments60.00% | |
U.S. Investments40.00% |
Additional Fund Info
- Listing Exchange
- NYSE - XNYS
- Fiscal Year End
- December 31
- Benchmark
- MSCI AC World Small Cap (Net)
- Lipper Classification
- Global Funds
- Investment Style
- Blend
Trading Characteristics
- Shares Outstanding
- 6,562,852
- Daily Volume
- 20,331
Manager
About the Team
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.
Latest Insights
March 18, 2026
February 16, 2026
Performance
Calendar Year Returns
As of 04/30/2026
Royce Global Trust - Market Price (%)
Royce Global Trust - NAV (%)
MSCI AC World Small Cap (Net) (%)
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.
Portfolio
Asset Allocation
As of 03/31/2026 % of Total (Updated Quarterly)
| Holdings | Fund |
|---|---|
Non-U.S. Investments | 60.00% |
U.S. Investments | 40.00% |
Holdings
As of 03/31/2026 (Updated Quarterly)
Tel Aviv Stock Exchange
Sprott
Alamos Gold Cl. A
Protector Forsikring
Littelfuse Inc
Stadio Holdings
API Group Corp.
Phoenix Financial
RB Global Inc
Nova Measuring Instruments
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.
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
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
12/11/2025
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.
Pricing
Pricing History
As of 05/14/2026 (Updated Daily)
Daily Fund Prices
As of 05/14/2026
Share Prices
As of 05/14/2026
52-Week Range
- Highest NAV
- $17.33
- Lowest NAV
- $13.25
- Highest Market Price
- $14.91
- Lowest Market Price
- $11.24
Premium / Discount
As of 05/14/2026
- Avg. of Market Price vs. NAV at Close
- -15.03%
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Royce Global Value Trust |
Risks
The Fund invests primarily in securities of small-cap and mid-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.
Important Information
Royce Global Trust, Royce Micro-Cap Trust, and Royce Small-Cap Trust are closed-end funds whose shares trade on the NYSE. Royce Fund Services, LLC does not serve as a distributor or as an underwriter to or of these Royce closed-end funds.
The Closed-End Funds are not sold or distributed by Franklin Distributors, LLC. (FD, LLC) or any Franklin Templeton affiliated companies. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Royce & Associates, LP primarily conducts its business under the name Royce Investment Partners.
The MSCI All Country World Small Cap Index is a market capitalization-weighted index that is designed to measure small-capitalization equity market performance of developed and emerging markets. Net Returns (Net) include income net of tax withholding when dividends are paid. Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.