Global Endowment Management Lp adds Royce Value Trust Inc (RVT) to its portfolio

Royce Value Trust Inc (RVT) : Global Endowment Management Lp added new position in Royce Value Trust Inc during the most recent quarter end. The investment management firm now holds 147,855 shares of Royce Value Trust Inc which is valued at $1.7 Million , the company said in a statement filed on May 13, 2016 with the SEC.Royce Value Trust Inc makes up approximately 0.36% of Global Endowment Management Lp’s portfolio.

Other Hedge Funds, Including , Fiduciary Counselling Inc boosted its stake in RVT in the latest quarter, The investment management firm added 539 additional shares and now holds a total of 24,485 shares of Royce Value Trust Inc which is valued at $285,985. Royce Value Trust Inc makes up approx 1.16% of Fiduciary Counselling Inc’s portfolio.Rmb Capital Management reduced its stake in RVT by selling 104,199 shares or 55.42% in the most recent quarter. The Hedge Fund company now holds 83,832 shares of RVT which is valued at $979,158. Royce Value Trust Inc makes up approx 0.07% of Rmb Capital Management’s portfolio.Wedbush Securities Inc reduced its stake in RVT by selling 214 shares or 1.01% in the most recent quarter. The Hedge Fund company now holds 21,045 shares of RVT which is valued at $247,279. Royce Value Trust Inc makes up approx 0.04% of Wedbush Securities Inc’s portfolio.Thompson Davis boosted its stake in RVT in the latest quarter, The investment management firm added 16 additional shares and now holds a total of 745 shares of Royce Value Trust Inc which is valued at $8,754. Royce Value Trust Inc makes up approx 0.01% of Thompson Davis’s portfolio.

Royce Value Trust Inc opened for trading at $11.88 and hit $11.93 on the upside on Wednesday, eventually ending the session at $11.87, with a gain of 0.34% or 0.04 points. The heightened volatility saw the trading volume jump to 2,33,937 shares. Company has a market cap of $869 M.

Royce Value Trust Inc. (the Fund) is a diversified closed-end investment company. The Fund’s investment goal is long-term capital growth which it seeks by normally investing at least 65% of its assets in equity securities. The Fund invests in a diversified portfolio of both United States and non-United States small-cap stocks up to $2.5 billion. The Fund may invest a significant portion of its net assets in foreign securities which may involve political economic currency and other risks not encountered in United States investments. Its portfolio of investments includes industrials information technology financials consumer discretionary materials health care energy utilities consumer staples and telecommunication services. The Fund’s investment adviser is Royce & Associates LLC (R&A).

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