leadership
confidence high
sentiment neutral
materiality 0.50
Royce Global Trust names Steven McBoyle portfolio manager as Chuck Royce transitions to Senior Advisor
ROYCE GLOBAL TRUST, INC.
- Chuck Royce becomes Senior Advisor effective Sept 30, 2024, ending day-to-day portfolio management.
- Steven McBoyle appointed portfolio manager of Royce Global Trust, effective after close Sept 30, 2024.
- Chuck Royce also transitions off Royce Small-Cap, Dividend Value, and other closed-end funds.
- CEO Chris Clark says transition completes decade-long succession plan; 15 investment pros added in 5 years.
- Chuck Royce will continue mentoring teams and engaging clients in Senior Advisor role.