News Column

Royce Global Value Trust (NYSE: RGT) as of January 31, 2014

February 18, 2014

  • A closed-end fund that invests in global equities using a disciplined value approach
  • Average weekly trading volume of approximately 336,000 shares
  • Fundís adviser has more than 40 years of small- and micro-cap investment experience

    NEW YORK--(BUSINESS WIRE)-- Royce Global Value Trust (NYSE:RGT):

    Closing Price Ė January 31, 2014

    NAV

    $9.68

    MKT

    $8.69

    Cumulative Total Returns

    Period ended January 31, 2014

    NAV



    MKT

    One Month -3.68 % -2.25 %
    Since Inception (10/17/13) -1.02 -3.18

    Portfolio Diagnostics

    Wtd. Average Geometric Mkt. Cap: $1097 million
    Wtd. Average P/E Ratio: 15.6*
    Wtd. Average P/B Ratio: 1.9x
    Net Assets:

    $99 million



    *The Fundís P/E ratio calculation excludes companies with zero or negative earnings.

    Portfolio Composition

    Top 10 Positions

    % of Net Assets

    1. Daphne International Holdings 1.8 %
    2. Stallergenes 1.8
    3. Consort Medical 1.8
    4. Semperit AG Holdings 1.7
    5. Mayr-Melnhof Karton 1.6
    6. Television Broadcasts 1.6
    7. Midland Holdings 1.6
    8. Lazard Cl. A 1.6
    9. Vetquinol S.A 1.6
    10. Vaisala Oyj

    1.6

    Portfolio Sector Breakdown

    % of Net Assets
    Consumer Discretionary 19 %
    Industrials 18
    Information Technology 15
    Financials 15
    Materials

    14

    Treasuries, Cash & Cash Equivalents 6


    Recent Developments

    The investment goal of Royce Global Value Trust is long-term growth of capital. Under normal market circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stock and preferred stock, and at least 65% of its net assets in the equity securities of companies located in at least three countries outside of the United States. Royce & Associates, LLC manages the Fund.

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

    An investor in Royce Global Value Trust should consider the Fund's investment goals, risks, fees, and expenses carefully before investing.




    Royce Global Value Trust

    John D. Diederich, 212-355-7311


    Source: Royce Global Value Trust


  • For more stories on investments and markets, please see HispanicBusiness' Finance Channel



    Source: Business Wire


    Story Tools