Royce Value Trust Changes Fiscal Year End

TL;DR

Royce Value Trust is shifting its fiscal year end to June 30, effective April 15, 2024.

AI Summary

Royce Value Trust, Inc. filed an 8-K on April 19, 2024, reporting a change in its fiscal year end from December 31 to June 30. This change is effective as of April 15, 2024. The filing also includes financial statements and exhibits.

Why It Matters

A change in fiscal year end can impact reporting schedules and investor expectations regarding financial updates.

Risk Assessment

Risk Level: low — This filing is administrative and does not involve significant financial transactions or operational changes.

Key Players & Entities

• ROYCE VALUE TRUST, INC. (company) — Registrant
• Maryland (jurisdiction) — State of incorporation
• April 15, 2024 (date) — Effective date of change
• April 19, 2024 (date) — Date of report
• June 30 (date) — New fiscal year end
• December 31 (date) — Previous fiscal year end

FAQ

Filing Documents

• rvt_8k.htm (8-K) — 25KB
• rvt_ex3-1i.htm (EX-3.1(I)) — 25KB
• rvt_ex3-1ii.htm (EX-3.1(II)) — 128KB
• img001_v1.jpg (GRAPHIC) — 10KB
• img002_v1.jpg (GRAPHIC) — 4KB
• img003_v1.jpg (GRAPHIC) — 3KB
• img004_v1.jpg (GRAPHIC) — 34KB
• img005_v1.jpg (GRAPHIC) — 219KB
• 0000949377-24-000028.txt ( ) — 552KB

03 Amendments to Articles of Incorporation

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On April 15, 2024, the Board of Directors (the “Board”) of Royce Value Trust, Inc., a registered closed-end management investment company (the “Fund”), adopted amended and restated bylaws of the Fund (the “Amended and Restated Bylaws”), effective as of April 19, 2024. Among other things, the amendments effected by the Amended and Restated Bylaws: Expressly provide for stockholder meetings by remote communication; Clarify that the Board or the President designates the chairman of all stockholder meetings and the Board and the chairman of the meeting have the power to regulate conduct at the stockholder meeting; Clarify stockholder meeting adjournment procedures; Clarify procedures relating to the use of proxies; Provide that special meetings of the Board may be called on less than 24 hours’ notice as the person or persons calling such meeting may deem necessary or appropriate in the circumstances; Clarify that the Circuit Court for Baltimore City, Maryland, or, if that Court does not have jurisdiction, the United States District Court for the District of Maryland, Northern Division, is the sole and exclusive forum for any action asserting a claim against the Fund or any director or officer or other employee of the Fund arising pursuant to federal law; and Make various other updates, including ministerial and conforming changes. The foregoing summary of the amendments effected by the Amended and Restated Bylaws does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amended and Restated Bylaws, which are filed as Exhibit 3.1(ii) hereto and are incorporated herein by reference. On April 16, 2024, the Fund, a Maryland corporation, filed Articles of Amendment to the Fund’s charter with the Maryland Department of Assessments of Taxation to change the name of the Fund from &ld

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1(i) Articles of Amendment to the Fund’s charter, effective as of May 1, 2024. 3.1(ii) Amended and Restated Bylaws of Royce Value Trust, Inc., effective as of April 19, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ROYCE VALUE TRUST, INC. By: /s/ Christopher D. Clark Name: Christopher D. Clark Title: President DATE: April 19, 2024

View Full Filing

View this 8-K filing on SEC EDGAR