/PRNewswire/ Royce Global Value Trust, Inc. (NYSE: RGT) (the "Fund") has declared a quarterly distribution of $0.13 per share on its Common Stock. The.
/PRNewswire/ Royce Global Value Trust, Inc. (NYSE: RGT) (the "Fund") has declared a quarterly distribution of $0.13 per share on its Common Stock. The.
Royce Global Value Trust, Inc. (NYSE:RGT – Get Rating) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 4,500 shares, a drop of 38.4% from the February 28th total of 7,300 shares. Based on an average daily volume of 11,300 shares, the short-interest […]
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NEW YORK, Feb. 19, 2021 /PRNewswire/ Royce Global Value Trust, Inc. (NYSE: RGT) (the Fund ) today announced that its Board of Directors (the Board ) approved a change to one of its non-fundamental investment policies. Currently, the Fund must invest at least 65% of its net assets in the equity securities of companies headquartered in at least three countries outside the United States. The Board approved reducing such percentage from 65% to 40% of the Fund s net assets, effective on or about May 1, 2021. Such reduction in the percentage of the Fund s net assets required to be invested in companies headquartered outside the United States will provide Royce Investment Partners, the Fund s investment adviser ( Royce ), with the flexibility, when and to the extent deemed appropriate by Royce, to bring the Fund s relative allocation between U.S. companies and non-U.S. companies closer to that of its benchmark index. Such change will also cause
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NEW YORK, Jan. 25, 2021 /PRNewswire/ The Funds announced today that their respective Boards of Directors unanimously adopted resolutions along with Amended and Restated Bylaws ( Bylaws ) to cause the Funds to be subject to the Maryland Control Share Acquisition Act ( MSCAA ), effective immediately.
The MCSAA protects the interests of all stockholders of a Maryland corporation by providing that any holder of control shares acquired in a control share acquisition may not exercise voting rights with respect to the control shares, except to the extent approved by a vote of two-thirds of all the votes entitled to be cast on the matter, excluding votes otherwise entitled to be cast by the acquiring person (