Royce Micro-Cap Trust reports strong 1-year return of 47.36% with focus on small-cap stocks.

Royce Micro-Cap Trust, a closed-end fund investing in companies with market caps under $1 billion, reported a 1-year net asset value return of 47.36% as of March 31, 2026. The fund focuses on small- and micro-cap stocks, which carry higher risk but offer growth potential. Its portfolio is diversified across sectors like Industrials, Technology, and Financials, with an average market cap of $915.9 million. Investors should consider the fund's risks and fees before investing, as market price can fluctuate and shares may trade at a discount to NAV.