RVT News and Press, Royce Value Trust Inc. From 03/25/21

So far, 2021 isn’t looking too different from where we ended 2020. But we see the second quarter bringing greater economic re-awakening, underpinning our constructive outlook for U.S. stocks. While future rate-related panics are likely, we expect rates to remain low for some ti...

Royce Value Trust (NYSE: RVT) as of Feb 28, 2021 PR Newswire NEW YORK , March 25, 2021 /PRNewswire/ -- Oldest and largest small-cap closed-end fund Average weekly trading volume of approximately 1,234,362 shares Fund's adviser has more than 40 years...

Since the end of last year, the "value" rotation finally did get underway, with the energy sector leading the charge. Historically, when rotations to "value" have occurred, it has accompanied significant market reversions and a break of the previous "bullish" psychology. The accom...

We spoke with Strategas Chief Investment Strategist Jason Trennert on why his team is bullish on the market despite recent volatility and key unknowns like interest rates, inflation, and tax policy. Trennert says they are not overly worried about long-term rates, especially when they&...

This past week, we got to observe Fed Chair Jerome Powell and the US stock market and the US bond market do everything I said they would do in their complicated shuffle of ships-and-icebergs. While bond yields had already begun to rise and compete against stocks, the Fed stayed the co...

After years of artificially low interest rates and inflation, it's understandable that some investors are disoriented by the current headlines-and worried about what to do next. Before this year, inflation and rising rates were a distant memory for many investors, if not entirely unfa...

Even as we see US rates making an orderly retracement away from record lows, we are struck by the angst this is causing many investors. In our view, rising interest rates should not of themselves be a cause for alarm. For equity investors, and especially those investing in value secto...

Last week, the latest US fiscal stimulus was signed into law, delivering $1.9 trillion of aid to a wide range of people and groups, as well as other non-COVID related spending. We know from the prior two COVID aid bills that direct aid can make a substantial economic impact. While...

After being ignored for 13 years, value sectors such as financials, materials, energy and industrials are back and we believe economic acceleration and rising rates set the stage for a multiyear recovery. Interest rates also matter in the tussle between growth and value stocks, becaus...

In the early 1720s, exactly 300 years ago, all of England was overtaken by a surge of stock market speculation which we now know as the “South Sea Bubble”. Our belief is that all this speculation will end badly, as has been the case with all speculative bubbles, most rec...