| Business Summary | | Royce
Value
Trust
Inc.
(RVT)
is
a
diversified
closed-end
fund
of
small-
and
micro-cap
stocks.
For
the
year
2000,
RVT
was
up
16.6%
on
a
net
asset
value
(NAV)
basis
and
22.7%
on
a
market
price
basis.
RVT's
10-year
NAV
average
annual
total
return
for
the
period
ended
December
31,
2000
was
17.08%.
RVT's
holdings
that
performed
well
in
2000
include
Lilly
Industries,
Gallagher
(Arthur
J.)
&
Co,
Denbury
Resources,
White
Mountains
Insurance
Group
and
the
Nvest
LP. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Royce
Value
Trust
is
a
closed-end
investment
fund
with
the
main
objective
of
capital
appreciation.
The
Fund
invests
primarily
in
small
and
micro-cap
companies
using
a
disciplined
value
approach.
For
the
fiscal
year
ended
12/31/00,
total
investment
income
totaled
$15.3
million.
Net
investment
income
totaled
$6.9
million.
Net
increase
in
net
assets
from
investment
operations
totaled
$100
million.
Net
asset
value
per
share
rose
from
$15.77
at
12/31/99
to
$16.56
at
12/31/00. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Charles Royce, 60 | Pres,
Treasurer, Sec., Director | John Diederich, 48 | VP | Jack Fockler, Jr., 41 | VP
and Managing Director | W. Whitney George, 41 | Managing
Director, Sr. Portfolio Mang. and VP | Daniel O'Byrne, 37 | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|