Royce Small-Cap Trust RVT

Royce Small-Cap Trust is a closed-end fund listed on the NYSE and managed by Royce Investment Partners. It holds about 425 mostly small US companies, plus some foreign ones, chosen by active managers. Investors buy its shares on the exchange, where the price can sit above or below the value of the holdings. The fund earns its return from gains and dividends on its holdings and pays out a set share of its value every quarter.