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NEW YORK , Dec. 23, 2024 /PRNewswire/ -- A closed-end fund that invests in global equities using a disciplined value approach Average weekly trading volume of approximately 48,746 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the most recent month-end may be obtained at www.royceinvest.com . The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. The Fund invests primarily in securities of small-cap and mid-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency and other risks not encountered in U.S. investments. 1 Geometric Average : This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median. 2 Harmonic Average : This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks. The Price-Earnings , or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (18% of portfolio holdings as of 11/30/24). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share. The Price-to-Book , or P/B, Ratio is calculated by dividing a company's share price by its book value per share. Net leverage is the percentage, in excess of 100 %, of the total value of equity type investments, divided by net assets. Portfolio Composition Recent Developments The investment goal of Royce Global Trust is long-term growth of capital. Under normal market circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stock and preferred stock, and at least 65% of its net assets in the equity securities of companies located in at least three countries outside of the United States . Royce & Associates, LP manages the Fund. Daily net asset values (NAVs) for Royce Global Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRGTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com . An investor in Royce Global Trust should consider the Fund's investment goals, risks, fees, charges, and expenses carefully before purchasing share's of the Fund's common stock. Important Disclosure Information Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds. SOURCE Royce Global Value Trust, Inc.

Torex Gold Resources Inc. (OTCMKTS:TORXF) Sees Significant Increase in Short InterestThe Karnataka high court on Friday dismissed the anticipatory bail application filed by former MP Prajwal Revanna in a rape case involving a former member of the Hassan zilla panchayat. Justice M Nagaprasanna, presiding over a single-judge bench, announced the reserved order on Revanna’s application. During the hearing, G Arun, counsel for the petitioner, sought to withdraw the earlier bail plea, arguing that no charge sheet has been filed in the case. However, the court dismissed the application, stating that the decision was based on the complaint alone and not the absence of a charge sheet. “You can rest assured not a word from the charge sheet I have relied on. Only on the complaint. The application has been dismissed only on the basis of the complaint and Supreme Court’s judgments,” a news portal, Bar and Bench, quoted the high court. The allegations dated back to 2021 when the victim approached Revanna at his office in Hassan to discuss hostel facilities for girls at the BCM hostel. According to the complaint, Revanna asked the woman to come back the next day due to his busy schedule. When she returned, he allegedly pointed a gun at her, threatened her, and sexually assaulted her. The woman claimed that Revanna recorded the act on his mobile phone, later making repeated video calls, coercing her to undress, and recorded the interactions. She alleged that he threatened her with severe consequences if she disclosed the incidents. The woman filed a formal complaint with the Special Investigation Team (SIT) on May 1, 2024, leading to the registration of a case at the cyber police station of the Criminal Investigation Department (CID), Bengaluru. Revanna has been charged under multiple sections of the Indian Penal Code, including rape, criminal intimidation, sexual harassment, voyeurism, and assault to disrobe a woman. Additionally, provisions of the Information Technology Act have been invoked for privacy violations. This case is one of four rape cases filed against the 33-year-old former MP across Bengaluru and Hassan districts. On November 11, the Supreme Court dismissed Revanna’s bail applications in connection with other related cases. The mounting legal troubles have placed significant pressure on the once-prominent political figure as investigations continue.

NFL roundup: Bengals top Broncos in OT, stay in playoff huntNot a few tears were shed during the touching retirement ceremony in honor of Rene Almendras, who is stepping down as senior managing director and group head of public affairs of Ayala Corp. Almendras joined the Ayala Group in January 2001 when he was appointed chief executive officer of Cebu Holdings Inc. and Cebu Property Ventures and Development Corp. He took on different roles in the succeeding years, including CEO of Manila Water Co. He did take a six-year break from 2010 to 2016 as he was called up to join the administration of his friend, the late former President Benigno Aquino III. He took on different roles there as well, among them secretary to the Cabinet. READ: Ayala earnings up 5% to P34B But even if he had held top posts in both the government and in the private sector, the proud Cebuano has been known to be among the most approachable of the top Ayala executives, able to relate to everyone up and down the corporate ladder. This is not difficult for Almendras who believes that “You can be significant no matter how lowly your position or how simple your role when you affect others positively.” Informed sources told Biz Buzz that Almendras’ retirement—to be followed by the retirement next year of Globe Telecom CEO Ernest Cu— means that the changing of the guard at the country’s oldest conglomerate is almost complete. What will Almendras do next? For now, what is sure is that he will join the boards of the Center for Family Ministries of the Ateneo de Manila University and the Institute for Regional Security in Canberra, Australia. He has also been asked to stay on at Ayala as a part-time consultant. But will he eventually join corporate boards outside the Ayala Group? Only time will tell. —Tina Arceo-Dumlao It is, indeed, the holiday season. And we’re not saying this just because of the hellish traffic we’ve been seeing in Metro Manila lately. For the first time, budget carrier Cebu Pacific surpassed 80,000 passengers flown in a single day on Dec. 20, when 81,243 people boarded its aircraft toward home or a vacation. READ: Cebu Pacific receives delivery of 16th aircraft for 2024 The celebration was brief but made better the next day: according to Cebu Pacific chief operating officer Javier Massot, they flew 83,100 passengers on Saturday, Dec. 21. “As we approach the Christmas season, we’re proud to help reunite families and friends for the holidays,” Massot said in a LinkedIn post. This, of course, should no longer come as a surprise, especially as nearly everyone we know will spend their holidays in other parts of the country, or, for some, the world. Cebu Pacific has likewise been launching new routes left and right. Earlier this year, it began offering direct flights to Chiang Mai and Don Mueang in Thailand, Osaka in Japan, and announced additional flight schedules to local destinations. Just to make sure that they have enough planes in their fleet to accommodate the booming travel demand, Cebu Pacific also recently took delivery of its 16th aircraft for the year. Maybe we can expect another breach of its daily record before the year ends. After all, we still have the New Year holiday. —Meg J. Adonis When an official of the Public-Private Partnership (PPP) Center of the Philippines spoke about the “rejection” of the P29.82-billion proposal of Comclark Network and Technology Corp. to upgrade the country’s air navigation facilities, it came as a surprise to the proponent, tech tycoon Dennis Anthony Uy of Pampanga. Discussions are still ongoing but the project is shaping up now to be a joint venture (JV) with the Department of Transportation (DOTr) — and not a PPP, Uy said in a recent media chat. As such, it’s the DOTr that knows more about the progress of the project, he said. Uy said he’s willing to invest because nobody else will do it. Why JV and not PPP? It’s because there are equipment that had already been purchased by the government that officials wish to fold into the venture. Meanwhile, Comclark’s outlays will go down a bit from the P29.82-billion estimate earlier given, because the government would have an equity contribution. However, Uy said ComClark would still get majority control. “We see that the country needs to be faster to move forward,” Uy said. “Our air traffic is totally outdated technology. Turnaround is 35 to 40 minutes so the plane is burning gases.” Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . “This is only technology intervention.” he said. — Doris Dumlao-Abadilla