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Royce Global Value Trust (NYSE: RGT) as of Feb 29, 2024

PR Newswire

NEW YORK, March 28, 2024

NEW YORK, March 28, 2024 /PRNewswire/ --

* A closed-end fund that invests in global equities using a disciplined value

approach

* Average weekly trading volume of approximately 111,480 shares

* Fund's adviser has more than 50 years of small- and micro-cap investment

experience

CLOSING PRICES AS OF 02/29/24

NAV  11.98

MKT  10.59

AVERAGE ANNUAL TOTAL RETURN AS OF 02/29/24  NAV (%)  MKT (%)

One-Month*                                  4.26     6.33

Year to Date*                               2.22     8.62

One-Year                                    10.83    14.44

Three-Year                                  -0.21    -0.94

Five-Year                                   6.88     7.60

10-Year                                     5.76     5.98

*Not Annualized

Important Performance and Expense Information

All performance information reflects past performance, is presented on a total

return basis, and reflects the reinvestment of distributions. Past performance

is no guarantee of future results. Current performance may be higher or lower

than performance quoted. Returns as of the most recent month-end may be

obtained at www.royceinvest.com (http://www.royceinvest.com) . The market

price of the Fund's shares will fluctuate, so that shares may be worth more or

less than their original cost when sold.

The Fund invests primarily in securities of small-cap and mid-cap companies,

which may involve considerably more risk than investing in larger-cap

companies. The Fund's broadly diversified portfolio does not ensure a profit

or guarantee against loss. From time to time, the Fund may invest a

significant portion of its net assets in foreign securities, which may involve

political, economic, currency and other risks not encountered in U.S.

investments.

PORTFOLIO DIAGNOSTICS

Average Market Cap(1)    $2010.0M

Weighted Average P/E(2)  21.8x

Weighted Average P/B(2)  2.6x

Net Assets               $76.2M

Net Leverage             5.3 %

(1)Geometric Average: This weighted calculation uses each portfolio holding's

market cap in a way designed to not skew the effect of very large or small

holdings; instead, it aims to better identify the portfolio's center, which

Royce believes offers a more accurate measure of average market cap than a

simple mean or median.

(2)Harmonic Average: This weighted calculation evaluates a portfolio as if it

were a single stock and measures it overall. It compares the total market

value of the portfolio to the portfolio's share in the earnings of its

underlying stocks.

The Price-Earnings, or P/E, ratio is calculated by dividing a company's share

price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio

calculation excludes companies with zero or negative earnings (15% of

portfolio holdings as of 02/29/24). The Price-to-Book, or P/B, Ratio is

calculated by dividing a company's share price by its book value per share.

The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share

price by its book value per share.

Net leverage is the percentage, in excess of 100 %, of the total value of

equity type investments, divided by net assets.

Portfolio Composition

TOP 10 POSITIONS                         % OF NET ASSETS (SUBJECT TO

                                          CHANGE)

Vistry Group                             3.5

Transcat                                 2.3

EVI Industries                           2.2

Sprott                                   2.2

SEI Investments                          2.1

APi Group                                2.1

Tel Aviv Stock Exchange                  2.1

Morningstar                              2.0

ESAB Corporation                         2.0

Artisan Partners Asset Management Cl. A  1.9

TOP FIVE SECTORS        % OF NET ASSETS (SUBJECT TO

                         CHANGE)

Industrials             36.7

Financials              23.8

Information Technology  14.7

Consumer Discretionary  8.3

Materials               6.7

Recent Developments

The investment goal of Royce Global Value Trust is long-term growth of

capital. Under normal market circumstances, the Fund will invest at least 80%

of its net assets in equity securities, such as common stock and preferred

stock, and at least 65% of its net assets in the equity securities of

companies located in at least three countries outside of the United States.

Royce & Associates, LP manages the Fund.

Daily net asset values (NAVs) for Royce Global Value Trust are now available

on our website and online through most ticker symbol lookup services and on

broker terminals under the symbol XRGTX. For more information, please call The

Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com

(http://www.royceinvest.com) .

An investor in Royce Global Value Trust should consider the Fund's investment

goals, risks, fees, charges, and expenses carefully before purchasing share's

of the Fund's common stock.

Important Disclosure Information

Closed-End Funds are registered investment companies whose shares of common

stock may trade at a discount to their net asset value. Shares of each Fund's

common stock are also subject to the market risks of investing in the

underlying portfolio securities held by the Fund. Royce Fund Services, LLC.

("RFS") is a member of FINRA and has filed this material with FINRA on behalf

of each Fund. RFS does not serve as a distributor or as an underwriter to the

closed-end funds.

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SOURCE Royce Global Value Trust, Inc.

Peter Hoglund, (212) 355-7311

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