Royce Global Trust Inc T.RGT

Primary Symbol: RGT

Royce Global Trust, Inc. (the Fund), formerly Royce Global Value Trust, Inc., is a diversified closed-end investment company. The Fund's investment objective is long-term growth of capital. The Fund is focused on investing 80% of its net assets in equity securities, such as common stock and preferred stock. The Fund generally invests a significant portion of its assets United States and non-United States small/mid-cap stocks. Under normal circumstances, at least 40% of the Fund's net assets will be invested in the equity securities of companies headquartered in at least three countries outside the United States. From time to time, a substantial portion of the Fund’s assets may be invested in companies located in a single country. Although there are no geographic limits on the Fund’s investments, no more than 35% of the Fund's net assets may be invested in the securities of companies headquartered in emerging markets. Royce & Associates, LP acts as the Fund’s investment advisor.

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Royce Global Trust Inc

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Post by goldenfitnesson Sep 10, 2013 12:16pm

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Post# 21729863

Failing Merger...

It appears Management of RGT has finally realized the deal that has been put forward to merge MGA and RGT was only going to benefit the MGA shareholders..
One has to give most shareholders a lot of credit when they see a ROTTEN deal going to take place, they as a rule vote against it.

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