2023-03-27 00:15:01 ET
Summary
- RMT generated a double-digit yield on a consistent basis. During the past 30 years, the fund failed to generate double-digit year-end yields only thrice.
- Half of RMT’s assets are invested in stocks from technology and industrial sectors. Micro-cap companies in these sectors have higher growth potential.
- RMT’s fund managers selected stocks with high growth potential, persisted with stocks that generated positive returns, and swiftly replaced the others.
- Some stocks selected by RMT have grown to such an extent that those no longer remain micro-caps. These stocks are also potential acquisition targets.
For further details see:
RMT: This High-Yielding Micro-Cap CEF Is In A Position To Sustain Its Yield