secwatch.observer — SEC 8-K summary
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Issuer:     ROYCE SMALL-CAP TRUST, INC. (RVT)
CIK:        0000804116
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0000949377-24-000099
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chuck Royce to become Senior Advisor, transitioning off funds by Sept 30, 2024
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- Chuck Royce, founder, becomes Senior Advisor effective Sept 30, 2024, after stepping away from day-to-day portfolio management.
- Transition off Royce Small-Cap Fund, Royce Dividend Value Fund, and three closed-end funds (including RVT) by Sept 30.
- Royce has added 15 investment professionals over the last five years, forming the largest investment team in firm history.
- Francis Gannon joins portfolio management team of Royce Small-Cap Trust (RVT) alongside existing managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/804116/000094937724000099/0000949377-24-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/804116/000094937724000099/rvt-8k.htm
  HTML page:      https://secwatch.observer/filing/0000949377-24-000099

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer