Oldest and largest small-cap closed-end fund
Royce Value Trust, Inc. (NYSE: RVT) has declared a quarterly distribution of $0.28 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on March 24, 2020 to stockholders of record at the close of business on March 12, 2020 (ex-dividend on March 11, 2020). The price of shares issued for reinvestment will be determined on March 19, 2020.
Oldest and largest small-cap closed-end fund
If you ask most financial advisers how to retire on a half-million dollars, they'll likely say it can't be done.Many financial advisers point to the "4% rule" (also the "Bengen rule") for tax-advantaged accounts such as 401(k)s and IRAs. The 4% rule says you can draw up to 4% of your nest egg's value in your first year of retirement, then add inflation to the prior year's total and withdraw that each subsequent year, for 30 years, without worrying your money will run out. William Bengen, who first proposed the rule in 1994, later updated that figure to 4.5%.The median personal income in the U.S. is $33,706 per year, as of 2018 data. Not including Social Security, you'd need about $750,000 in your retirement account(s) to hit that number, if you followed this rule. Depending on where you live, as well as the lifestyle you want to maintain, you'd probably need to start with more. That's why many advisers point even higher, stating figures between $1 million to $1.5 million as ideal retirement targets.Brent Weiss, head of planning at Facet Wealth in Baltimore, reminds us there is no one-size-fits-all retirement solution. "In retirement, we face a unique set of risks and many are unknowns," he says. "From inflation to healthcare costs to longevity, we need to have a plan for them today." Among those issues is that not every family has as much saved as they need. That's OK. If you're wondering how to retire on less than what the traditional wisdom says you need, you have a few options.These seven high-yield investments may allow you to retire well on a nest egg as small as $500,000. One other aspect of the 4% rule is that any dividends or bond interest you receive diminishes the amount you need to withdraw for your annual income. These seven investments should provide more across dividends and distributions* alone than the U.S. median personal income. SEE ALSO: 25 Stocks Every Retiree Should Own
NEW YORK , July 29, 2019 /PRNewswire/ -- Oldest and largest small-cap closed-end fund Average weekly trading volume of approximately 1,108,486 shares Fund's adviser has more than 40 years of small- and ...
Oldest and largest small-cap closed-end fund
On February 18, 2020, Franklin Resources, Inc. ("Franklin Resources") and Legg Mason, Inc. ("Legg Mason") announced that they have entered into a definitive agreement for Franklin Resources to acquire Legg Mason.
Oldest and largest small-cap closed-end fund
Oldest and largest small-cap closed-end fund
Zacks Value Trader Highlights: RVT, FEVAX, VBR, RZV and VIOV
NEW YORK , Oct. 30, 2019 /PRNewswire/ -- Oldest and largest small-cap closed-end fund Average weekly trading volume of approximately 1,338,673 shares Fund's adviser has more than 40 years of small- and ...
Royce Value Trust, Inc. (NYSE-RVT) has declared a quarterly distribution of $0.26 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 27, 2019 to stockholders of record at the close of business on December 12, 2019 (ex-dividend on December 11, 2019). The price of shares issued for reinvestment will be determined on December 19, 2019.
Oldest and largest small-cap closed-end fund
The Board of Directors of each Fund listed above has set May 1, 2020 as the record date for determining those stockholders entitled to vote at the special meeting of stockholders of each Fund to be held on July 14, 2020 or at any adjournment thereof.
NEW YORK , Sept. 27, 2019 /PRNewswire/ -- Oldest and largest small-cap closed-end fund Average weekly trading volume of approximately 1,340,668 shares Fund's adviser has more than 40 years of small- ...
Investors have been pouring money into ETFs for years, but actively managed mutual funds could be another option for value investors.
Oldest and largest small-cap closed-end fund
- Oldest and largest small-cap closed-end fund - Average weekly trading volume of approximately 1,189,460 shares - Fund's adviser has more than 40 years of small- and micro-cap investment experience NEW ...
NEW YORK, Sept. 3, 2019 /PRNewswire/ -- Royce Value Trust, Inc. (RVT) has declared a quarterly distribution of $0.27 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on September 26, 2019 to stockholders of record at the close of business on September 13, 2019 (ex-dividend on September 12, 2019). The price of shares issued for reinvestment will be determined on September 20, 2019. The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.75% of the rolling average or the minimum distribution required by IRS regulations.
NEW YORK , Aug. 27, 2019 /PRNewswire/ -- Oldest and largest small-cap closed-end fund Average weekly trading volume of approximately 1,134,018 shares Fund's adviser has more than 40 years of small- and ...