Royce Global Value Trust, INC.: directors' dealings · United States · SEC (Form 4)

About Royce Global Value Trust, INC.

ROYCE GLOBAL VALUE TRUST, INC. (NYSE: RGT) is a U.S.-listed closed-end investment company traded on the NYSE in the United States. For French-, Belgian-, and Swiss-based investors, it should be understood first and foremost as an actively managed equity fund rather than an operating business. Its core activity is portfolio management: owning and rotating a diversified basket of listed securities, with an emphasis on small- and mid-cap equities across both U.S. and non-U.S. markets. As a registered investment company, RGT operates under a regulated framework that governs portfolio valuation, disclosures, and shareholder distributions. The fund was incorporated in the State of Maryland on February 14, 2011. It sits within the Royce Investment Partners platform, a manager long associated with small-cap investing and fundamental stock selection. In its recent filings and investor materials, the fund’s stated objective is long-term growth of capital. The implementation of that objective follows a disciplined value approach, seeking companies that appear underappreciated by the market relative to their fundamentals. That positioning makes RGT a specialized vehicle for investors who want exposure to the global small-cap value segment, a part of the market that can be more volatile than large caps but may offer attractive long-term return potential through active security selection. Because RGT is a fund, it does not generate revenue through products or services. Instead, its “business lines” are its portfolio exposures: common stocks, potentially spread across sectors and geographies, selected through a bottom-up investment process. Recent fund documents indicate a broad global mandate with meaningful exposure to both U.S. and non-U.S. companies, and with an emphasis on companies below a certain market-cap threshold. This makes the trust relevant for investors seeking diversification beyond mega-cap U.S. equities, especially those who value a research-driven approach to less efficiently priced market segments. In competitive terms, Royce Global Value Trust is differentiated by its established Royce brand and by its focus on small-cap value investing. That specialization matters because closed-end funds can trade at a premium or discount to net asset value, creating an additional layer of market pricing dynamics that investors must monitor. The fund is headquartered in New York, in the United States, and its investment opportunity set is global, which gives it a cross-border profile while still being anchored in U.S. capital markets. Recent developments disclosed in SEC materials and company communications during 2025 and 2026 include Form 4 insider transactions, periodic portfolio updates, year-end distribution announcements, and board-authorized actions such as share repurchases and potential rights offerings, subject to board discretion. For investors in Europe, RGT is therefore best viewed as a NYSE-listed, U.S.-domiciled, actively managed closed-end fund offering global small-cap value exposure, with the usual considerations of market price versus NAV, foreign-security risk, and active-manager dependence.