NEW YORK -- (Business Wire)
Royce Value Trust, Inc. (NYSE - RVT) has declared a distribution of
$0.24 per share on its Common Stock. The distribution, optionally
payable in additional shares of Common Stock, or in cash by specific
stockholder election, is to be paid on December 24, 2012 to stockholders
of record at the close of business on December 6, 2012 (ex-dividend on
December 4, 2012). The price of shares issued for reinvestment will be
determined on December 13, 2012.
The Fund has a policy of paying quarterly distributions on its Common
Stock. Distributions are being made at the annual rate of 5% of the
rolling average of the prior four calendar quarter-end NAVs, with the
fourth quarter distribution being the greater of 1.25% of the rolling
average or the minimum distribution required by IRS regulations.
Total distributions to Common Stockholders declared in 2012 were $0.80
per share. For Federal income tax purposes, approximately 72% of the
2012 distributions will be characterized as long-term capital gains, 20%
as qualified dividend income and 8% as short-term capital gains. Final
characterization will be determined at year-end and reported on 1099s.
Royce Value Trust, Inc. is a closed-end diversified management
investment company whose shares of Common Stock and Preferred Stock
(NYSE - RVT.prb)are listed and traded on the New York Stock
Exchange. The Fund’s primary investment goal is long-term capital
growth, which it seeks by normally investing at least 65% of its assets
in equity securities primarily of small- and micro-cap companies..
For further information on The Royce Fundssm, please visit
our web site at: www.roycefunds.com.
Royce Value Trust, Inc.
John D. Diederich, 800-348-1414
Source: Royce Value Trust, Inc.
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