Closed-end management investment company that seeks long-term capital growth through investing primarily in micro-cap and small-cap companies.
Royce Micro-Cap Trust, Inc., established on December 14, 1993, operates as a closed-ended equity mutual fund managed by Royce & Associates, LLC. Specializing in the public equity markets of the United States, the fund focuses on investing in stocks of companies across diversified sectors. Royce Micro-Cap Trust primarily targets value stocks with market capitalizations of less than $500 million, aiming to capitalize on opportunities within the micro-cap segment.
The fund's investment strategy involves rigorous research and analysis to identify undervalued stocks with strong growth potential. It benchmarks its performance against the Russell 2000 Index, which tracks the performance of smaller-cap companies in the U.S. equity market. By maintaining a disciplined approach to portfolio management, Royce Micro-Cap Trust aims to achieve competitive returns for its investors while managing risk effectively.
Headquartered in the United States, Royce Micro-Cap Trust operates within a structured framework designed to optimize investor outcomes through prudent investment decisions and strategic asset allocation. While its current focus remains on traditional equity investments, the evolving landscape of finance and investment may prompt exploration of new opportunities, including potential involvement in digital assets and cryptocurrencies as part of its investment strategy in the future.