ROYCE SMALL-CAP TRUST, INC.

# ROYCE SMALL-CAP TRUST, INC. (RVT)

A closed-end investment company incorporated in Maryland and headquartered in New York, Royce Small-Cap Trust operates as an equity mutual fund focused on the U.S. small-cap and micro-cap value segments. The fund is launched and managed by Royce & Associates, LLC, an affiliate entity responsible for portfolio management and investment strategy execution. The trust's primary function is to pool investor capital and deploy it across a diversified portfolio of publicly traded equities, with a specific mandate to identify undervalued securities among smaller capitalization companies.

The fund's investment approach centers on value-oriented stocks across various sectors, with performance benchmarked against the Russell 2000 Index. Revenue is generated through management fees charged to shareholders as a percentage of assets under management. The trust distributes capital gains and dividend income to shareholders, with distributions supplementing the fund's dividend yield. As a closed-end fund structure, shares trade on the New York Stock Exchange, with a current market capitalization of $2.2 billion.

Specific operational metrics such as employee count and detailed revenue figures are not publicly disclosed for investment companies of this structure. The fund operates nationally within the United States equity markets and maintains investment exposure across diversified sectors rather than concentrating in specific industries.