Breaking News

Tweet TWEET

Royce Value Trust (NYSE: RVT) as of June 30, 2013

  Royce Value Trust (NYSE: RVT) as of June 30, 2013

  *Oldest and largest small-cap closed-end fund
  *Average weekly trading volume of approximately 341,000 shares
  *Fund’s adviser has more than 35 years of small- and micro-cap investment
    experience

Business Wire

NEW YORK -- July 16, 2013

Royce Value Trust (NYSE: RVT):

Closing Prices – June 30, 2013
                                                                  
NAV $16.88
MKT $15.16
                                                                  
Total Return Performance
Periods ended June 30, 2013                 NAV                   MKT
                                                                  
Month*                                      -1.42%                -1.40%
Year to Date*                               12.42                 15.86
One-Year                                    24.64                 28.83
Three-Year Average Annual                   16.17                 18.46
Five-Year Average Annual                    6.24                  5.02
10-Year Average Annual                      9.35                  7.72
                                                                  
*Not Annualized
                                                                  
Portfolio Diagnostics
                                                                  
Wtd. Average Geometric Mkt. Cap:            $1590 million
Wtd. Average P/E Ratio:                     17.3*
Wtd. Average P/B Ratio:                     1.8x
Net Assets:                                 $1200 million
Net Leverage:                               7%
                                                                  
*The Fund’s P/E ratio calculation excludes companies with zero or negative
earnings.
                                                                  
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. Carter’s                                 1.2%
2. PAREXEL International                    1.0
3. Coherent                                 1.0
4. Lincoln Electric Holdings                1.0
5. Reliance Steel & Aluminum                1.0
6. E-L Financial                            0.9
7. Federated Investors Inc.                 0.9
8. HEICO Corp.                              0.9
9. On Assignment                            0.8
10. Ethan Allen Interiors                   0.8
                                                                  
Top Five Sectors                            % of Net Assets
1. Industrials                              29%
2. Information Technology                   22
3. Financials                               18
4. Consumer Discretionary                   15
5. HealthCare                               8
                                                                  

Recent Developments

The Board of Directors of Royce Value Trust, Inc. has approved, subject to
stockholder approval, the contribution of approximately $100 million of RVT’s
assets to a newly formed non-diversified, closed-end investment company. All
of such investment company’s common stock would then be distributed to the
common stockholders of RVT. There is no assurance that stockholder approval
will be obtained.

Royce Value Trust is a closed-end diversified management investment company
whose shares of Common Stock (RVT) are listed and traded on the New York Stock
Exchange. Its primary investment goal is long-term capital growth, which it
seeks by investing at least 65% of its assets in equity securities primarily
of small- and micro-cap companies.

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

Contact:

Royce Value Trust
John D. Diederich, 212-355-7311
 
Press spacebar to pause and continue. Press esc to stop.