Royce Value Trust (NYSE:RVT) is a closed-end fund focused on small-cap and micro-cap companies, aiming to achieve long-term growth of capital through investment in securities, primarily equity securities of such companies. The fund operates with a keen eye for value, selecting stocks that it believes are undervalued in relation to their intrinsic worth. Its projects include investments across a diverse range of industries, allowing for a broad market exposure and risk management. Royce Value Trust has the objective to provide its investors not just with growth, but also with a disciplined approach to value investing, leveraging its extensive research capabilities to identify promising investment opportunities.