Royce Global Trust Fund Investment Overview
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
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Source: Newsfilter
- Investment Strategy: Royce Global Trust employs a disciplined value investment approach focusing on global small- and mid-cap companies, aiming to invest at least 80% of its net assets in equities to achieve long-term capital growth.
- Performance Metrics: As of May 31, 2026, the fund's net asset value (NAV) stands at $17.23, with a market price of $14.49, and a one-year total return of 29.80%, indicating strong growth potential.
- Portfolio Composition: The top ten holdings account for a maximum of 4.2% of net assets, with significant concentrations in the financial and industrial sectors, each representing 29.9%, highlighting the fund's reliance on these industries.
- Risk Considerations: Investing in small- and mid-cap companies may involve higher risks, particularly as the fund may allocate a significant portion of its assets to foreign securities, exposing it to political and economic uncertainties.
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About RGT
Royce Global Value Trust, Inc. (the Fund) is a diversified closed-end investment company. The Fund's investment objective is long-term growth of capital. Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stock and preferred stock. The Fund generally invests a significant portion of its assets United States and non-United States small/mid-cap stocks. Under normal circumstances, at least 40% of the Fund's net assets will be invested in the equity securities of companies headquartered in at least three countries outside the United States. From time to time, a substantial portion of the Fund’s assets may be invested in companies located in a single country. Although there are no geographic limits on the Fund’s investments, no more than 35% of the Fund's net assets may be invested in the securities of companies headquartered in emerging markets. Royce & Associates, LP acts as the Fund’s investment advisor.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Splash Beverage Enters Exclusive Licensing Agreement for CannEpil with Argent BioPharma
- Exclusive Global Licensing Agreement: Splash Beverage has entered into an exclusive global licensing agreement with Argent BioPharma for CannEpil®, gaining rights to develop and commercialize the treatment, which addresses the needs of approximately 30% of drug-resistant epilepsy patients worldwide, thereby enhancing its market position in the neurology sector.
- Strategic Investment Commitment: C/M Capital Partners has committed to a $1 million investment to support CannEpil's clinical development and regulatory advancement in the U.S., which is expected to accelerate the product's market entry and strengthen Splash's competitive edge in the biopharmaceutical industry.
- International Market Access: CannEpil has received approvals in multiple countries including Ireland, the UK, Germany, and Australia, adhering to EU Good Manufacturing Practice (EU-GMP), providing a solid foundation for Splash's expansion in international markets and anticipated revenue growth.
- Long-Term Revenue Potential: The agreement grants Splash exclusive commercialization rights for 20 years and a 15% royalty on net revenues, which is expected to generate significant long-term shareholder value and further solidify its strategic transformation into a cannabinoid health and biopharmaceutical platform.
See More
Royce Global Trust Fund Investment Overview
- Investment Strategy: Royce Global Trust employs a disciplined value investment approach focusing on global small- and mid-cap companies, aiming to invest at least 80% of its net assets in equities to achieve long-term capital growth.
- Performance Metrics: As of May 31, 2026, the fund's net asset value (NAV) stands at $17.23, with a market price of $14.49, and a one-year total return of 29.80%, indicating strong growth potential.
- Portfolio Composition: The top ten holdings account for a maximum of 4.2% of net assets, with significant concentrations in the financial and industrial sectors, each representing 29.9%, highlighting the fund's reliance on these industries.
- Risk Considerations: Investing in small- and mid-cap companies may involve higher risks, particularly as the fund may allocate a significant portion of its assets to foreign securities, exposing it to political and economic uncertainties.
See More
Supreme Court Backs BlackRock and Funds Against Lawsuits
- Court Decision Impact: The U.S. Supreme Court ruled 6-3 in favor of BlackRock and affiliated investment funds, reversing a lower court's decision and allowing these funds to fend off lawsuits from private plaintiffs under the Investment Company Act, thereby protecting their internal bylaws from legal challenges.
- Legal Context: The funds involved are classified as 'closed-end funds' that issue a fixed number of shares and often trade below their underlying asset values; the ruling will affect the voting power restrictions imposed on large shareholders, ensuring their voting rights are not undermined.
- Government Support: The Trump administration backed BlackRock and other funds, indicating a governmental stance on protecting investment fund interests, which may influence the legal landscape for similar cases in the future and bolster market confidence in closed-end funds.
- Investor Reaction: The Supreme Court's dismissal of the lawsuit brought by hedge fund Saba Capital and its manager Boaz Weinstein may lead to renewed scrutiny of governance structures within closed-end funds, potentially impacting investor decisions and market performance.
See More
Royce Global Trust Reports 24.07% Year-End Return for 2025
- Annual Market Return: Royce Global Trust achieved a market return of 24.07% for 2025, reflecting the effectiveness of its investment strategy and positive market conditions, thereby boosting investor confidence.
- Net Asset Value: As of December 31, 2025, RGT closed at $13.11 with a Net Asset Value (NAV) of $15.24, indicating robust growth and effective asset management capabilities of the fund.
- Long-Term Performance: Over the past decade, RGT has maintained double-digit average annual returns, demonstrating its sustained competitiveness and appeal in long-term investments, attracting more investor interest.
- Diverse Return Metrics: As of December 31, 2025, RGT's one, three, five, and ten-year average total returns were 23.22%, 16.96%, 6.31%, and 10.05%, respectively, showcasing the fund's stable performance and risk management capabilities across different time frames.
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Royce Global Trust Declares Annual Distribution of $0.19 per Share
- Annual Distribution Announcement: Royce Global Trust has declared an annual distribution of $0.19 per share, expected to be paid on December 24, 2025, reflecting the company's stability and commitment to shareholder returns in the current market environment.
- Distribution Payment Options: Shareholders can choose to receive the distribution in cash or additional shares, which not only caters to diverse investor preferences but also enhances shareholder experience and loyalty.
- Distribution Source Analysis: As of November 30, 2025, the estimated sources of the distribution include $0.1336 from net investment income and $0.0564 from short-term gains, indicating the company's effectiveness in investment management and profitability.
- Tax Information Reminder: The company advises shareholders that the actual amounts and sources of distributions will depend on investment performance during the remainder of the fiscal year, providing transparency that aids shareholders in tax planning and investment decisions.
See More
Royce Global Trust, Inc. (NYSE-RGT) Announces Year-End Common Stock Dividend of $0.19 Per Share
Distribution Announcement: Royce Global Trust, Inc. has declared an annual distribution of $0.19 per share on its Common Stock, payable on December 24, 2025, to stockholders of record as of December 11, 2025.
Distribution Sources: The estimated sources for the distribution include 70% from net investment income and 30% from net realized long-term gains, with no amounts from short-term gains or return of capital.
Tax Reporting Disclaimer: The reported amounts and sources of the distribution are estimates and not for tax reporting purposes; actual amounts will depend on the Fund's investment performance and tax regulations.
Company Overview: Royce Global Trust, Inc. is a closed-end diversified management investment company that invests in U.S. and non-U.S. common stocks, primarily those with market caps up to $10 billion.
See More
Splash Beverage Enters Exclusive Licensing Agreement for CannEpil with Argent BioPharma
- Exclusive Global Licensing Agreement: Splash Beverage has entered into an exclusive global licensing agreement with Argent BioPharma for CannEpil®, gaining rights to develop and commercialize the treatment, which addresses the needs of approximately 30% of drug-resistant epilepsy patients worldwide, thereby enhancing its market position in the neurology sector.
- Strategic Investment Commitment: C/M Capital Partners has committed to a $1 million investment to support CannEpil's clinical development and regulatory advancement in the U.S., which is expected to accelerate the product's market entry and strengthen Splash's competitive edge in the biopharmaceutical industry.
- International Market Access: CannEpil has received approvals in multiple countries including Ireland, the UK, Germany, and Australia, adhering to EU Good Manufacturing Practice (EU-GMP), providing a solid foundation for Splash's expansion in international markets and anticipated revenue growth.
- Long-Term Revenue Potential: The agreement grants Splash exclusive commercialization rights for 20 years and a 15% royalty on net revenues, which is expected to generate significant long-term shareholder value and further solidify its strategic transformation into a cannabinoid health and biopharmaceutical platform.
See More
Royce Global Trust Fund Investment Overview
- Investment Strategy: Royce Global Trust employs a disciplined value investment approach focusing on global small- and mid-cap companies, aiming to invest at least 80% of its net assets in equities to achieve long-term capital growth.
- Performance Metrics: As of May 31, 2026, the fund's net asset value (NAV) stands at $17.23, with a market price of $14.49, and a one-year total return of 29.80%, indicating strong growth potential.
- Portfolio Composition: The top ten holdings account for a maximum of 4.2% of net assets, with significant concentrations in the financial and industrial sectors, each representing 29.9%, highlighting the fund's reliance on these industries.
- Risk Considerations: Investing in small- and mid-cap companies may involve higher risks, particularly as the fund may allocate a significant portion of its assets to foreign securities, exposing it to political and economic uncertainties.
See More
Supreme Court Backs BlackRock and Funds Against Lawsuits
- Court Decision Impact: The U.S. Supreme Court ruled 6-3 in favor of BlackRock and affiliated investment funds, reversing a lower court's decision and allowing these funds to fend off lawsuits from private plaintiffs under the Investment Company Act, thereby protecting their internal bylaws from legal challenges.
- Legal Context: The funds involved are classified as 'closed-end funds' that issue a fixed number of shares and often trade below their underlying asset values; the ruling will affect the voting power restrictions imposed on large shareholders, ensuring their voting rights are not undermined.
- Government Support: The Trump administration backed BlackRock and other funds, indicating a governmental stance on protecting investment fund interests, which may influence the legal landscape for similar cases in the future and bolster market confidence in closed-end funds.
- Investor Reaction: The Supreme Court's dismissal of the lawsuit brought by hedge fund Saba Capital and its manager Boaz Weinstein may lead to renewed scrutiny of governance structures within closed-end funds, potentially impacting investor decisions and market performance.
See More
Royce Global Trust Reports 24.07% Year-End Return for 2025
- Annual Market Return: Royce Global Trust achieved a market return of 24.07% for 2025, reflecting the effectiveness of its investment strategy and positive market conditions, thereby boosting investor confidence.
- Net Asset Value: As of December 31, 2025, RGT closed at $13.11 with a Net Asset Value (NAV) of $15.24, indicating robust growth and effective asset management capabilities of the fund.
- Long-Term Performance: Over the past decade, RGT has maintained double-digit average annual returns, demonstrating its sustained competitiveness and appeal in long-term investments, attracting more investor interest.
- Diverse Return Metrics: As of December 31, 2025, RGT's one, three, five, and ten-year average total returns were 23.22%, 16.96%, 6.31%, and 10.05%, respectively, showcasing the fund's stable performance and risk management capabilities across different time frames.
See More
Royce Global Trust Declares Annual Distribution of $0.19 per Share
- Annual Distribution Announcement: Royce Global Trust has declared an annual distribution of $0.19 per share, expected to be paid on December 24, 2025, reflecting the company's stability and commitment to shareholder returns in the current market environment.
- Distribution Payment Options: Shareholders can choose to receive the distribution in cash or additional shares, which not only caters to diverse investor preferences but also enhances shareholder experience and loyalty.
- Distribution Source Analysis: As of November 30, 2025, the estimated sources of the distribution include $0.1336 from net investment income and $0.0564 from short-term gains, indicating the company's effectiveness in investment management and profitability.
- Tax Information Reminder: The company advises shareholders that the actual amounts and sources of distributions will depend on investment performance during the remainder of the fiscal year, providing transparency that aids shareholders in tax planning and investment decisions.
See More
Royce Global Trust, Inc. (NYSE-RGT) Announces Year-End Common Stock Dividend of $0.19 Per Share
Distribution Announcement: Royce Global Trust, Inc. has declared an annual distribution of $0.19 per share on its Common Stock, payable on December 24, 2025, to stockholders of record as of December 11, 2025.
Distribution Sources: The estimated sources for the distribution include 70% from net investment income and 30% from net realized long-term gains, with no amounts from short-term gains or return of capital.
Tax Reporting Disclaimer: The reported amounts and sources of the distribution are estimates and not for tax reporting purposes; actual amounts will depend on the Fund's investment performance and tax regulations.
Company Overview: Royce Global Trust, Inc. is a closed-end diversified management investment company that invests in U.S. and non-U.S. common stocks, primarily those with market caps up to $10 billion.
See More
