NEW YORK, November 30, 2020 / PRNewswire / –
- A closed-end fund that invests in global stocks using a disciplined value approach
- Average weekly trading volume of approximately 193,731 shares
- The fund advisor has over 40 years of experience in investing in small and micro capitalizations
CLOSING RATES AT 10/31/20
AVERAGE TOTAL ANNUAL RETURN ON 10/31/20
Year to date*
Since its creation (10/17/13) *
* Not annualized
Important information on performance and expenses
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. Actual performance may be higher or lower than stated performance. Returns at the end of the most recent month can be obtained at www.royceinvest.com. The market price of the Fund’s shares will fluctuate, so the shares may be worth more or less than their original price when they are sold.
The Fund invests primarily in securities of small and medium capitalization companies, which may involve significantly more risk than investing in larger capitalization companies. The Fund’s broadly diversified portfolio does not guarantee 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 US investments.
Average market capitalization1
$ 1,850.1 M
Weighted average P / E2
Weighted average P / B2
1Geometric mean: This weighted calculation uses the market capitalization of each portfolio portfolio so as not to distort the effect of very large or small positions; rather, it aims to better identify the center of the portfolio, which Royce says offers a more accurate measure of average market capitalization than a simple average or median.
2Harmonic mean: This weighted calculation evaluates a portfolio as if it were a single security and measures it globally. It compares the total market value of the portfolio to the portfolio’s share of the earnings of its underlying stocks.
the Prize-winnings, or P / E ratio, is calculated by dividing a company’s stock price by its 12-month earnings per share (EPS). The calculation of the Fund’s P / E ratio excludes companies with zero or negative profits (19% of portfolio holdings as of 10/31/20). The Price-to-Book, or P / B, Ratio is calculated by dividing a company’s stock price by its book value per share.
the Price to book, or P / B, Ratio is calculated by dividing a company’s stock price by its book value per share.
Net leverage is the percentage, greater than 100%, of the total value of equity investments, divided by net assets.
TOP 10 POSITIONS
% OF NET ASSETS (SUBJECT TO
Tel Aviv Stock Exchange
Descartes Systems Group (The)
The morning star
Alamos Gold Cl. A
TOP FIVE SECTORS
% OF NET ASSETS (SUBJECT TO
The investment objective of Royce Global Value Trust is long-term capital growth. Under normal market circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stocks and preferred stocks, and at least 65% of its net assets in equity securities of companies. located in at least three countries. apart from United States. Royce & Associates, LP manages the Fund.
Royce Global Value Trust’s Daily Net Asset Values (NAVs) are now available on our website and online through most ticker symbol search services and brokerage terminals under the symbol XRGTX. For more information, please call Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com.
An investor in Royce Global Value Trust should carefully consider the investment objectives, risks, fees, charges and expenses of the Fund before purchasing common shares of the Fund.
Important Disclosure Information
Closed-end funds are registered investment companies whose common shares may trade at a discount to their net asset value. The ordinary shares of each Sub-Fund are also subject to market risks associated with investing in the underlying portfolio securities held by the Sub-Fund. Royce Fund Services, LLC. (“RFS”) is a member of FINRA and has filed this document with FINRA on behalf of each Fund. RFS does not act as a distributor or underwriter for closed-end funds.
SOURCE Royce Global Value Trust