other material
confidence high
sentiment neutral
materiality 0.30
Royce Global Value Trust to be renamed Royce Global Trust effective May 1, 2024
ROYCE GLOBAL TRUST, INC.
- Board approved name change from "Royce Global Value Trust, Inc." to "Royce Global Trust, Inc." effective May 1, 2024.
- No changes to investment policies or restrictions in connection with the name change.
- Press release also details Royce Value Trust (RVT) name change to "Royce Small-Cap Trust, Inc." and policy amendment.
- RVT's non-fundamental policy will require at least 80% of net assets in small-cap companies (Russell 2000 index benchmark).