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Royce Micro Cap Closed Fund (RMT)

Upturn stock ratingUpturn stock rating
$9.25
Last Close (24-hour delay)
Profit since last BUY7.43%
upturn advisory
Consider higher Upturn Star rating
BUY since 33 days
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Upturn Advisory Summary

06/30/2025: RMT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$9.25
high$

Analysis of Past Performance

Type Stock
Historic Profit 10.59%
Avg. Invested days 54
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 464.75M USD
Price to earnings Ratio 7.05
1Y Target Price -
Price to earnings Ratio 7.05
1Y Target Price -
Volume (30-day avg) -
Beta 1.23
52 Weeks Range 7.11 - 9.83
Updated Date 06/29/2025
52 Weeks Range 7.11 - 9.83
Updated Date 06/29/2025
Dividends yield (FY) 8.29%
Basic EPS (TTM) 1.3

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 1028.97%
Operating Margin (TTM) 4.1%

Management Effectiveness

Return on Assets (TTM) -0.01%
Return on Equity (TTM) 12.13%

Valuation

Trailing PE 7.05
Forward PE -
Enterprise Value 475341504
Price to Sales(TTM) 72.52
Enterprise Value 475341504
Price to Sales(TTM) 72.52
Enterprise Value to Revenue 6.97
Enterprise Value to EBITDA -
Shares Outstanding 50682100
Shares Floating -
Shares Outstanding 50682100
Shares Floating -
Percent Insiders 0.18
Percent Institutions 32.2

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Royce Micro Cap Closed Fund

stock logo

Company Overview

overview logo History and Background

Royce Micro-Cap Closed Fund, Inc. (Symbol: RMT) was founded to invest in a portfolio of micro-cap companies. The fund seeks to provide investors with long-term capital appreciation. It has evolved to focus on high-quality, financially sound micro-cap companies.

business area logo Core Business Areas

  • Investment Management: RMT focuses on managing a portfolio of micro-cap stocks, aiming for long-term capital appreciation. They employ a value investing approach, seeking undervalued companies with strong fundamentals.

leadership logo Leadership and Structure

The fund is managed by Royce Investment Partners. The structure is a closed-end fund, allowing for a fixed number of shares outstanding and enabling the fund to invest without concern for redemptions.

Top Products and Market Share

overview logo Key Offerings

  • Micro-Cap Investment Portfolio: RMT provides investors access to a diversified portfolio of micro-cap stocks. Market share is difficult to quantify directly, but the fund competes with other micro-cap focused investment firms. Competitors include Dimensional Fund Advisors, BlackRock, and Vanguard that offer micro-cap ETFs and mutual funds.

Market Dynamics

industry overview logo Industry Overview

The micro-cap investment industry involves managing funds focused on smaller companies. These companies can offer high growth potential but also carry higher risk. The industry is competitive and influenced by economic conditions and investor sentiment.

Positioning

RMT positions itself as a value-oriented micro-cap investor, emphasizing fundamental analysis and long-term investing. Its competitive advantage lies in Royce Investment Partners' experience and research capabilities in the micro-cap space.

Total Addressable Market (TAM)

The TAM for micro-cap investing is substantial, encompassing all micro-cap companies. RMT's positioning within this TAM is as a focused, value-oriented investor aiming to outperform the broader market.

Upturn SWOT Analysis

Strengths

  • Experienced management team at Royce Investment Partners
  • Value-oriented investment approach
  • Long-term investment horizon
  • Closed-end fund structure provides flexibility

Weaknesses

  • High expense ratio compared to ETFs
  • Micro-cap investments can be illiquid
  • Fund performance is subject to market volatility
  • Discount to NAV can fluctuate

Opportunities

  • Increasing investor interest in micro-cap companies
  • Potential for outperformance during economic recovery
  • Expansion of micro-cap investment universe
  • Active management can add value in inefficient markets

Threats

  • Economic downturns negatively impact micro-cap companies
  • Increased competition from passive micro-cap ETFs
  • Regulatory changes affecting investment management
  • Market sentiment shifts away from value investing

Competitors and Market Share

competitor logo Key Competitors

  • IWC
  • VIOV
  • DFAS

Competitive Landscape

RMT faces competition from other micro-cap funds and ETFs. Its advantages include Royce Investment Partners' expertise, while disadvantages include a higher expense ratio compared to passive ETFs. (Market share data is approximate based on AUM.)

Growth Trajectory and Initiatives

Historical Growth: Historical growth is measured by NAV appreciation and total return. The fund's performance has fluctuated based on market conditions and investment selection.

Future Projections: Future growth depends on the performance of the micro-cap market and the fund's investment strategy. Analyst estimates would focus on projected NAV growth and dividend yields.

Recent Initiatives: Recent initiatives would include adjustments to portfolio allocation and stock selection based on market trends and economic outlook.

Summary

Royce Micro-Cap Closed Fund (RMT) offers exposure to micro-cap companies through a value-oriented approach. The fund benefits from experienced management but faces challenges from higher expenses and market volatility. While micro-cap exposure can lead to growth, RMT's performance is closely tied to market sentiment and economic conditions. The fund should capitalize on opportunities in microcap sector while carefully managing risks related to liquidity and market competition.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Royce Investment Partners Website
  • SEC Filings
  • Morningstar
  • Yahoo Finance

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is approximate and based on available information.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Royce Micro Cap Closed Fund

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 1993-12-15
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.