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Small caps could return to favor in the market as rates are expected to decline in 2024.
Royce Value Trust is a small-cap closed-end fund managed by Chuck Royce since 1986.
RVT has a 7.74% yield, overweight holdings in industrials, financials, tech, and materials, and has outperformed the Russell 2000 on a total return basis.
Looking for high yield income in the small cap sector? The Russell 2000 has suffered in the rising rate era, but, with rates expected to decline sometime in 2024, small caps could return to favor in the market....