
Royce Small-Cap Trust, a leading closed-end fund specializing in small- and micro-cap stocks, reported a one-year total return of 27.47% based on NAV as of March 31, 2026. The fund, with $2.23 billion in net assets, aims for long-term capital growth by investing at least 65% in small- and micro-cap equities. Its portfolio is diversified across sectors like Industrials, Financials, and Information Technology, with an average market cap of $3.3 billion. Investors should note the fund’s market price can fluctuate and that small-cap investments carry higher risks compared to larger companies.