Royce Value Trust Announces Postponement and Rescheduling of Special Meetings of Stockholders
July 14, 2020 at 04:27 pm EDT
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On July 14, 2020, Royce Value Trust, Inc. and Royce Global Value Trust, Inc. announced that its special meeting of stockholders has been postponed in order to solicit additional stockholder votes. The Company stated that as previously announced, due to the continuing public health impact of the COVID-19 pandemic and to support the health and safety of the Funds’ stockholders, each meeting will be held in a virtual meeting format. The Company stated that the meeting, which was originally scheduled to be held on July 14, 2020 will now take place on July 29, 2020. The Company added that meeting would be held at the following website: http://www.meetingcenter.io/244616936.
Royce Small-Cap Trust, Inc. (the Fund), formerly Royce Value Trust, Inc., is a diversified, closed-end investment company. The investment objective of the Fund is long-term growth of capital. The Fund primarily invests in small-cap securities. Under normally circumstances, the Fund invests approximately 80% of its assets in the equity securities of small-cap companies. The Fund may also invest up to 25% of its assets in securities of issuers headquartered outside the United States. The Fund invests in various sectors, which include industrials, financials, information technology, health care, consumer discretionary, materials, real estate, communication services, energy, consumer staples and utilities. The Fundâs investment advisor is Royce & Associates, LP. Royce & Associates, LP primarily conducts business using the name Royce Investment Partners.