2024-04-07 09:15:00 ET
Summary
- Interest rates are predicted to ease in 2024, benefiting small-cap companies via lower interest expenses.
- Royce Micro Cap Trust has seen a 20% increase since late October 2023.
- RMT has a diversified portfolio of micro-cap stocks and has outperformed the Russell Microcap index in the long term.
With interest rates predicted to begin easing sometime in 2024, companies should get a break in their interest expenses. Mr. Market began taking a shine to small- and micro-cap stocks back in late October '23 and has sent them up ~27% since then....
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Royce Micro Cap Trust: 13% Discount, 7% Yield