RMT Royce Micro Cap Trust Inc

• Only micro-cap closed-end fund
• Average weekly trading volume of approximately 281,000 shares
• Fund’s adviser has more than 35 years of small- and micro-cap investment experience

Royce Micro-Cap Trust (NYSE:RMT):

 

Closing Prices October 31, 2013

  NAV $14.08 MKT $12.40          

Total Return Performance

Periods ended October 31, 2013

NAV

MKT

  1 Month* 3.38 % 5.89% Year to Date* 33.57 36.18 One-Year 40.89 43.29 Three-Year Average Annual 17.46 19.08 Five-Year Average Annual 18.94 18.88 10-Year Average Annual 9.46 8.35   *Not annualized  

Portfolio Diagnostics

      Wtd Average Geometric Market Cap:

$623 million

Wtd. Average P/E Ratio: 21.4* Wtd. Average P/B Ratio: 1.9x Net Assets: $417 million Net Leverage: 5.6%  

*Excludes 21% of portfolio holdings with zero or negative earnings as of 10/31/13.

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

1.

Drew Industries

1.2%

2.

Exponent, Inc.

1.2

3.

Universal Electronics

1.2

4.

Quaker Chemical Corp.

1.2

5.

Kennedy-Wilson Holdings

1.1

6.

Flexsteel Industries

1.1

7.

Tennant Co.

1.1

8.

Sun Hydraulics Corp.

1.1

9.

Integrated Electrical Services

1.0

10.

Mesa Laboratories, Inc.

1.0  

Top Five Sectors

% of Net Assets

1.

Industrials

30%

2.

Information Technology

22

3.

Financials

18

4.

Consumer Discretionary

13

5.

HealthCare

9  

Recent Developments

Royce Micro-Cap Trust, Inc. is a closed-end diversified investment company whose shares of Common Stock (RMT) are listed and traded on the New York Stock Exchange. The Fund’s investment goal is long-term capital growth, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalization of $750 million or less.

Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc. are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XOTCX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.roycefunds.com

Royce Micro-Cap TrustJohn D. Diederich, 212-355-7311