Company overview
Understand the business
Royce Small-Cap Trust, Inc. (RVT) is a U.S.-domiciled closed-end investment fund. RVT invests primarily in small and micro-cap stocks for long-term capital growth. Its managed distributions can include realized gains, so the cash-payment rate is not a measure of portfolio dividend income alone.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.