RGT:NYSERoyce Global Trust, Inc. Analysis
Data as of 2026-06-07 - not real-time
$14.02
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Royce Global Trust (RGT) is trading at $14.02, just above the identified support level of $13.96 and comfortably above its 20‑day ($14.31) and 50‑day ($14.19) simple moving averages, indicating a short‑term bullish bias despite a bearish MACD histogram and a neutral RSI of 41. The fund shows a narrowing discount – the latest market price aligns with NAV after previously trading at a ~15% discount – and benefits from a low beta of 0.88, modest 30‑day volatility (15.6%), and a max drawdown of –12.8%, all suggesting controlled downside risk while volume trends downward.
Market sentiment is in the "Extreme Greed" zone (Fear & Greed Index 83), and the fund’s valuation remains attractive with a trailing PE of 4.8 and a dividend yield of 1.36%. Performance data through April 2026 shows RGT outpacing its benchmark in several horizons (YTD 10.5% vs. 9.4% market, 1‑year 35.6% vs. 36.9% market) and is guided by an adviser boasting over 50 years of small‑ and micro‑cap expertise, supporting a value‑oriented, long‑run upside potential despite limited liquidity.
Market sentiment is in the "Extreme Greed" zone (Fear & Greed Index 83), and the fund’s valuation remains attractive with a trailing PE of 4.8 and a dividend yield of 1.36%. Performance data through April 2026 shows RGT outpacing its benchmark in several horizons (YTD 10.5% vs. 9.4% market, 1‑year 35.6% vs. 36.9% market) and is guided by an adviser boasting over 50 years of small‑ and micro‑cap expertise, supporting a value‑oriented, long‑run upside potential despite limited liquidity.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 6/10
Key Factors
- Price above support and SMA levels
- Narrowing discount improves NAV alignment
- Decreasing volume may limit upside
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- Attractive valuation (PE 4.8) and dividend yield
- Discount compression suggests price appreciation
- Experienced management with value focus
Long Term
> 3 yearsNeutral
Model confidence: 6/10
Key Factors
- Consistent outperformance over multiple horizons
- Low beta and moderate volatility support stability
- High concentration in small‑cap value adds risk
Key Metrics & Analysis
Closed-End Fund Metrics
Market Price14.02
Discount/Premium0.00%
Discount TrendNarrowing
Technical Analysis
TrendBullish
RSI41.2
Support$13.96
Resistance$14.80
MA 20$14.31
MA 50$14.19
MA 200$13.47
MACDBearish
VolumeDecreasing
Fear & Greed Index83.02
Risk Assessment
Beta0.88
Volatility15.58%
Sector RiskMedium
Currency RiskMedium
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.