{"id":391022,"date":"2020-12-01T14:04:21","date_gmt":"2020-12-01T19:04:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=391022"},"modified":"2020-12-01T14:04:21","modified_gmt":"2020-12-01T19:04:21","slug":"royce-value-trust-inc-nyse-rvt-declares-fourth-quarter-common-stock-distribution-of-0-25-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/royce-value-trust-inc-nyse-rvt-declares-fourth-quarter-common-stock-distribution-of-0-25-per-share\/","title":{"rendered":"Royce Value Trust, Inc. (NYSE-RVT) declares Fourth Quarter Common Stock Distribution of $0.25 Per Share"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Royce Value Trust, Inc. (NYSE-RVT) has declared a quarterly distribution of <span class=\"xn-money\">$0.25<\/span> per share on its Common Stock.\u00a0 The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on <span class=\"xn-chron\">December 24, 2020<\/span> to stockholders of record at the close of business on <span class=\"xn-chron\">December 11, 2020<\/span> (ex-dividend on <span class=\"xn-chron\">December 10<\/span>, 2020).\u00a0 The price of shares issued for reinvestment will be determined on <span class=\"xn-chron\">December 18, 2020<\/span>. <\/p>\n<p>The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.75% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Fund&#8217;s Board of Directors. <\/p>\n<p>The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund&#8217;s investment performance and should not be confused with &#8216;yield&#8217; or &#8216;income&#8217;.<\/p>\n<p>The Fund&#8217;s estimated sources of the distribution to be paid on <span class=\"xn-chron\">December 24, 2020<\/span> and for 2020 year-to-date are as follows: <\/p>\n<p>Estimated Allocations as of <span class=\"xn-chron\">November 30, 2020<\/span><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FUND<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>DISTRIBUTION<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>PER SHARE<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NET INVESTMENT INCOME<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NET REALIZED<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>SHORT-TERM<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>GAINS<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NET REALIZED<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>LONG-TERM<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>GAINS<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>RETURN OF CAPITAL<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">RVT<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.25<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.0110 (4%)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.0039 (2%)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.2245 (90%)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.0106 (4%)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>Estimated Allocations for 2020 through <span class=\"xn-chron\">November 30, 2020<\/span><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FUND<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>DISTRIBUTION<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>PER SHARE<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NET INVESTMENT INCOME<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NET REALIZED<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>SHORT-TERM<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>GAINS<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NET REALIZED<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>LONG-TERM<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>GAINS<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>RETURN OF CAPITAL<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">RVT<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$1.04<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.0457 (4%)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.0163 (2%)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.9338 (90%)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.0442 (4%)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>You should not draw any conclusions about the Fund&#8217;s investment performance from the amount of the current distribution or from the terms of the Fund&#8217;s Distribution Policy.\u00a0 The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund&#8217;s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.<\/b>\n      <\/p>\n<p>Fund Performance and Distribution Rate Information: <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fund<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Average Annual Total Return (in relation to NAV for the 5-year period ending on 11\/30\/2020)<sup>1<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Annualized Current Distribution Rate (expressed as a percentage of NAV as of 11\/30\/2020)<sup>2<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cumulative total return (in relation to NAV for the fiscal year through 11\/30\/2020)<sup>3<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cumulative fiscal year Distribution Rate (as a percentage of NAV as of 11\/30\/2020)<sup>4<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">RVT<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12.66%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.73%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13.07%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.96%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b><br \/>\n          <sup>1<\/sup><br \/>\n        <\/b><br \/>\n        <b>\u00a0 Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five year period ended <span class=\"xn-chron\">November 30<\/span>, 2020.\u00a0 Annual NAV Total Return is the percentage change in the Fund&#8217;s NAV over a year, assuming reinvestment of distributions paid.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <sup>2<\/sup><br \/>\n        <\/b><br \/>\n        <b>\u00a0 The annualized Current Distribution Rate is the current fiscal period&#8217;s distribution rate annualized as a percentage of the Fund&#8217;s NAV as of <span class=\"xn-chron\">November 30, 2020<\/span>.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <sup>3<\/sup><br \/>\n        <\/b><br \/>\n        <b>\u00a0 Cumulative Total Return is the percentage change in the Fund&#8217;s NAV from <span class=\"xn-chron\">December 31, 2019<\/span> to <span class=\"xn-chron\">November 30, 2020<\/span>, assuming reinvestment of distributions paid.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <sup>4\u00a0 <\/sup><br \/>\n        <\/b><br \/>\n        <b>The Cumulative Fiscal Year Distribution Rate is the dollar value of distributions for the fiscal year period (<span class=\"xn-chron\">January 1, 2020<\/span> to <span class=\"xn-chron\">November 30, 2020<\/span>), as a percentage of the Fund&#8217;s NAV as of <span class=\"xn-chron\">November 30, 2020<\/span>.<\/b>\n      <\/p>\n<p>\n        <b>About Royce Value Trust, Inc.<\/b>\n      <\/p>\n<p>Royce Value Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the New York Stock Exchange.\u00a0 The Fund&#8217;s primary investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies.<\/p>\n<p>For further information on The Royce Funds<sup>sm<\/sup>, please visit our web site at: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997884-1&amp;h=2322505758&amp;u=http%3A%2F%2Fwww.royceinvest.com%2F&amp;a=www.royceinvest.com\" rel=\"nofollow noopener noreferrer\">www.royceinvest.com<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH08401&amp;sd=2020-12-01\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/royce-value-trust-inc-nyse-rvt-declares-fourth-quarter-common-stock-distribution-of-0-25-per-share-301182976.html\">http:\/\/www.prnewswire.com\/news-releases\/royce-value-trust-inc-nyse-rvt-declares-fourth-quarter-common-stock-distribution-of-0-25-per-share-301182976.html<\/a><\/p>\n<p>SOURCE  Royce Value Trust<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH08401&amp;Transmission_Id=202012011401PR_NEWS_USPR_____PH08401&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Royce Value Trust, Inc. (NYSE-RVT) has declared a quarterly distribution of $0.25 per share on its Common Stock.\u00a0 The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 24, 2020 to stockholders of record at the close of business on December 11, 2020 (ex-dividend on December 10, 2020).\u00a0 The price of shares issued for reinvestment will be determined on December 18, 2020. The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/royce-value-trust-inc-nyse-rvt-declares-fourth-quarter-common-stock-distribution-of-0-25-per-share\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Royce Value Trust, Inc. (NYSE-RVT) declares Fourth Quarter Common Stock Distribution of $0.25 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-391022","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Royce Value Trust, Inc. (NYSE-RVT) declares Fourth Quarter Common Stock Distribution of $0.25 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/royce-value-trust-inc-nyse-rvt-declares-fourth-quarter-common-stock-distribution-of-0-25-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Royce Value Trust, Inc. (NYSE-RVT) declares Fourth Quarter Common Stock Distribution of $0.25 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Royce Value Trust, Inc. (NYSE-RVT) has declared a quarterly distribution of $0.25 per share on its Common Stock.\u00a0 The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 24, 2020 to stockholders of record at the close of business on December 11, 2020 (ex-dividend on December 10, 2020).\u00a0 The price of shares issued for reinvestment will be determined on December 18, 2020. The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset &hellip; Continue reading &quot;Royce Value Trust, Inc. 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