Royce Global Trust Trades at 14.9% NAV Discount with 35.6% One-Year Return
Royce Global Trust traded at a 14.9% discount with NAV of $16.84 and market price of $14.34 as of April 30, 2026, holding small- and mid-cap equities with 22.9x P/E and 3.4x P/B. Assets are $110.5 million, and year-to-date NAV return is 10.5% with one-year NAV total return of 35.6%.
1. NAV Discount and Market Pricing
As of April 30, 2026, Royce Global Trust’s NAV was $16.84 compared with a market price of $14.34, resulting in a 14.9% discount. Average weekly trading volume was approximately 89,750 shares, reflecting investor demand in small- and micro-cap strategies.
2. Recent Performance Track Record
The fund delivered a one-month NAV return of 6.99% and year-to-date NAV return of 10.50%, while the one-year NAV total return reached 35.62%. Market-price returns were slightly higher over one month and one year, at 7.32% and 36.89%, respectively.
3. Portfolio Valuation and Sector Breakdown
Net assets stand at $110.5 million, with a geometric average market cap of $4.54 billion. The portfolio’s harmonic averages include a 22.9x P/E and 3.4x P/B. Top sectors are Industrials (28.9%), Financials (27.6%) and Information Technology (14.7%).