Royce Global Trust (NYSE: RGT) as of Sep 30, 2024
- A closed-end fund that invests in global equities using a disciplined value approach
- Average weekly trading volume of approximately 28,421 shares
- Fund's adviser has more than 50 years of small- and micro-cap investment experience
CLOSING PRICES AS OF 09/30/24 |
|
NAV |
13.42 |
MKT |
11.60 |
AVERAGE ANNUAL TOTAL RETURN AS OF |
NAV (%) |
MKT (%) |
One-Month* |
0.22 |
-0.47 |
Year to Date* |
14.51 |
18.97 |
One-Year |
28.60 |
35.28 |
Three-Year |
0.78 |
-1.90 |
Five-Year |
8.95 |
9.55 |
10-Year |
7.17 |
6.94 |
*Not Annualized
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the most recent month-end may be obtained at www.royceinvest.com. 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.
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
PORTFOLIO DIAGNOSTICS |
|
Average Market Cap1 |
|
Weighted Average P/E2 |
22.9x |
Weighted Average P/B2 |
2.8x |
Net Assets |
|
Net Leverage |
3.9 % |
1 Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2 Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-Earnings, or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (16% of portfolio holdings as of 09/30/24). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Net leverage is the percentage, in excess of 100 %, of the total value of equity type investments, divided by net assets.
Portfolio Composition
TOP 10 POSITIONS |
% OF NET ASSETS (SUBJECT TO CHANGE) |
Vistry Group |
3.5 |
FTAI Aviation |
3.3 |
Tel Aviv Stock Exchange |
2.5 |
Transcat |
2.3 |
Sprott |
2.3 |
Alamos Gold Cl. A |
2.2 |
SEI Investments |
2.0 |
ESAB Corporation |
1.9 |
Protector Forsikring |
1.9 |
Morningstar |
1.8 |
TOP FIVE SECTORS |
% OF NET ASSETS (SUBJECT TO CHANGE) |
Industrials |
35.7 |
Financials |
23.8 |
Information Technology |
15.2 |
Materials |
7.7 |
Consumer Discretionary |
6.7 |
Recent Developments
The investment goal of
Daily net asset values (NAVs) for
An investor in
Important Disclosure Information
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund.
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