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<SEC-DOCUMENT>0000949377-09-000115.txt : 20090814
<SEC-HEADER>0000949377-09-000115.hdr.sgml : 20090814
<ACCEPTANCE-DATETIME>20090814103559
ACCESSION NUMBER:		0000949377-09-000115
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		7
FILED AS OF DATE:		20090814
DATE AS OF CHANGE:		20090814
EFFECTIVENESS DATE:		20090814

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROYCE VALUE TRUST INC
		CENTRAL INDEX KEY:			0000804116
		IRS NUMBER:				133356097
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04875
		FILM NUMBER:		091012898

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		2123557311

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>e90454-defa14a.htm
<TEXT>
<html>
<body>
<p align="center"><font face="Times New Roman" size="2">&#160;&#160;&#160;&#160;&#160;SCHEDULE 14A
 INFORMATION</font></p>
<p><font face="Times New Roman" size="2">Proxy Statement Pursuant to Section 14(a)
 of the Securities Exchange Act of 1934 (Amendment No. )</font></p>
<p><font face="Times New Roman" size="2">Filed by the Registrant [X]<br>Filed by a Party other than the Registrant
[&#160;&#160;] <br>Check the appropriate box:<br>
[&#160;&#160;] Preliminary Proxy Statement<br>
[&#160;&#160;] Confidential, for Use of the Commission Only
(as permitted by Rule 14a-6(e)(2))<br>
[&#160;&#160;] Definitive Proxy Statement<br>
[X] Definitive Additional Materials<br>
[&#160;&#160;] Soliciting Material Pursuant to Section 240.14a-11(c) or
 Section 240.14a-12</font></p>
<p align="center"><font face="Times New Roman" size="2"><u>&#160;&#160;&#160;ROYCE VALUE TRUST, INC.&#160;&#160;&#160;</u><br>
(Name of Registrant as Specified In Its Charter)</font></p>
<p align="center"><font face="Times New Roman" size="2">(Name of Person(s) Filing
 Proxy Statement if other than the Registrant)</font></p>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tr>
<td valign="bottom" colspan="3" align="left"><font face="Times New Roman" size="2">Payment of Filing Fee (Check the appropriate box):</font></td>
</tr>
<tr>
<td width="2%" valign="bottom" align="left"><font face="Times New Roman" size="2">[X]</font></td>
<td width="2%"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">No fee required.</font></td>
</tr>
<tr>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">[&#160;&#160;]</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">Fee computed
 on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">1) Title of
 each class of securities to which transaction applies:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">2) Aggregate
 number of securities to which transaction applies:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">3) Per unit
 price or other underlying value of transaction computed</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">pursuant to
 Exchange Act Rule 0-11 (Set forth the amount on which</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">the filing
 fee is calculated and state how it was determined):</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">4) Proposed
 maximum aggregate value of transaction:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">5) Total fee
 paid:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">[&#160;&#160;]</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">Fee paid previously
 with preliminary materials.</font></td>
</tr>
<tr>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">[&#160;&#160;]</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">Check box
 if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">identify the
 filing for which the offsetting fee was paid previously. Identify the previous</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">filing by
 registration statement number, or the Form or Schedule and the date of its filing.</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">1) Amount
 Previously Paid:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">2) Form, Schedule
 or Registration Statement No.:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">3) Filing
 Party:</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td><font face="Times New Roman" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td align="left"><font face="Times New Roman" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2">4) Date filed:</font></td>
</tr>
</table>
<br clear="all" style="page-break-before:always;">
<!--page-->
<br><br>
<p align="center"><font face="Times New Roman" size="4"><b>*** Exercise Your</b>
<i><b>Right</b></i><b> to Vote ***</b></font></p>
<p align="center"><font face="Sans-Serif" size="2"><b>IMPORTANT NOTICE REGARDING THE AVAILABILITY
 OF PROXY MATERIALS FOR THE<br>STOCKHOLDER MEETING TO BE HELD ON SEPTEMBER
 23, 2009</b></font></p>
<table border="0" cellpadding="0" cellspacing="0" width="40%" align="left">
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td valign="bottom" align="center"><font face="Sans-Serif" size="2"><b>ROYCE VALUE
 TRUST, INC.</b></font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Sans-Serif" size="1"><i>PROXY TABULATOR
</i></font></td>
</tr>
<tr>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Sans-Serif" size="1"><i>P.O. BOX
 9112</i></font></td>
</tr>
<tr>
<td width="10%" align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td width="10%" align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td valign="bottom" align="left"><font face="Sans-Serif" size="1"><i>FARMINGDALE,
 NY 11717</i></font></td>
</tr>
<tr>
<td align="left"><img src="page1.jpg"></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
</table>
<table border="1" cellpadding="8" cellspacing="0" width="40%" align="right" bordercolor="#000000">
<tr>
<td valign="bottom"><div align="center"><font face="Sans-Serif" size="2"><b><u>Meeting
 Information</u></b></div><br><b>Meeting Type:</b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Annual
<br><b>For holders as of:</b>&#160;&#160;&#160;&#160;07/15/09
<br><b>Date:</b>&#160;&#160;&#160;&#160;&#160;09/23/09<b>
Time:</b>&#160;&#160;&#160;&#160;&#160;10:00 A.M.<br><b>Location:</b>
&#160;&#160;&#160;&#160;&#160;Royce Value Trust,
 Inc.<br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;&#160;&#160;&#160;&#160;745 Fifth Avenue<br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;&#160;&#160;&#160;&#160;New York, NY 10151</font></td>
</tr>
</table>
<br><br><br><br><br><br><br><br><br>
<table border="0" cellpadding="0" cellspacing="0" width="40%" align="right">
<tr>
<td valign="bottom"><div align="justify"><font face="Sans-Serif" size="2">You are receiving
 this communication because you hold shares in the company named above.<br><br><b>This is
 not a ballot. You cannot use this notice to vote these shares. This communication
 presents only an overview of the more complete proxy materials that are available
 to you on the Internet. You may view the proxy materials online at</b><i><b><i>
<b>www.proxyvote.com</b></i></b></i><b> or easily request a paper copy (see reverse
 side).<br><br>We encourage you to access and review all of the important information contained
 in the proxy materials before voting.</b></div></font></td>
</tr>
</table><br><br><br><br><br><br><br><br><br><br>
<table border="0" cellpadding="0" cellspacing="0" width="40%" align="right">
<tr bgcolor="#000000">
<td valign="bottom"><div style="margin-left:8px;" align="justify"><font face="Sans-Serif" size="2" color="#ffffff"><b>See the
 reverse side of this notice to obtain proxy materials and voting instructions.</b></font></div></td>
</tr>
</table><br><br><br>
<br clear="all" style="page-break-before:always;">
<!--page-->
<br><br>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tr>
<td valign="bottom" align="center"><font face="Serif" size="4"><b>&#151;&#151; Before
 You Vote &#151;&#151;</b></font><br><font face="Sans-Serif" size="2">How to Access the Proxy Materials</font></td>
</tr>
</table>
<br>
<br>
<table border="1" cellpadding="10" cellspacing="0" width="90%" align="center" bordercolor="#000000">
<tr>
<td valign="bottom" align="left"><div style="margin-left:0px"><font face="Sans-Serif" size="2"><b>Proxy Materials Available
 to VIEW or RECEIVE:</b></font></div><br><font face="Sans-Serif" size="2">PROXY STATEMENT
<br><b>How to View Online:<br></b>Have the 12-Digit Control Number available (located
 on the following page) and visit: <i>www.proxyvote.com</i>.<br><b>How to Request
 and Receive a PAPER or E-MAIL Copy:<br>If you want to receive a paper or e-mail
 copy of these documents, you must request one. There is NO charge for requesting
 a copy.</b> Please choose one of the following methods to make your request:<br>
  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 1) <i>BY INTERNET</i>:&#160;&#160;www.proxyvote.com
<br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 2) <i>BY TELEPHONE</i>:&#160;&#160;1-800-579-1639
<br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 3) <i>BY E-MAIL*</i>:&#160;&#160;sendmaterial@proxyvote.com
<br>
<div style="margin-left:10px; text-indent:-10px;">* If requesting materials by e-mail, please send a blank e-mail with the
 12-Digit Control Number (located on the following page) in the subject line.</div><br>
Requests, instructions and other inquiries sent to this e-mail address will NOT be
 forwarded to your investment advisor. <b>To facilitate timely delivery, please make
 the request as instructed above on or before 09/11/09</b>.</font></td>
</tr>
</table><br>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tr>
<td width="10%" align="left"><img src="page2.jpg"></td>
<td valign="middle" align="center"><font face="Serif" size="4"><b>&#151;&#151; How To
 Vote &#151;&#151;</b></font><br><font face="Sans-Serif" size="2">Please Choose
 One of the Following Voting Methods</font></td>
<td width="10%" align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
</table>
<br>
<table border="1" cellpadding="10" cellspacing="0" width="90%" align="center" bordercolor="#000000">
<tr>
<td valign="bottom" align="left"><font face="Sans-Serif" size="2"><b>Vote In
 Person:</b> Many shareholder meetings have attendance requirements including, but
 not limited to, the possession
 of an attendance ticket issued by the entity holding the meeting. Please check the
 meeting materials for any special requirements for meeting attendance. At the meeting,
 you will need to request a ballot to vote these shares.<br><br><b>Vote By Internet:</b>
To vote now by Internet, go to <i>www.proxyvote.com.</i> Have the 12-Digit Control
 Number available and follow the instructions.<br><br><b>Vote By Mail:</b> You can vote
 by mail by requesting a paper copy of the materials, which will include a proxy
 card.</font></td>
</tr>
</table>
<br clear="all" style="page-break-before:always;">
<!--page-->
<br><br>
<div style="margin-left:55px;">
<table border="0" cellpadding="0" cellspacing="0" width="92%">
<tr>
<td colspan="3" align="left"><hr size="2" color="#000000" noshade></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
<td rowspan="3" align="left"><img src="line.jpg"></td>
</tr>
<tr>
<td valign="bottom" align="left" colspan="3"><font face="Sans-Serif" size="2"><b>The Board
 of Directors recommends a vote</b></font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td valign="bottom" align="left" colspan="3"><font face="Sans-Serif" size="2"><b>FOR the
 following.</b></font></td>
<td align="left"><font face="Sans-Serif" size="1">&#160;</font></td>
</tr>
<tr>
<td width="2%"><font face="Sans-Serif" size="1">&#160;</font></td>
<td width="2%"><font face="Sans-Serif" size="1">&#160;</font></td>
<td><font face="Sans-Serif" size="1">&#160;</font></td>
<td><font face="Sans-Serif" size="1">&#160;</font></td>
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</tr>
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<table border="1" cellpadding="8" cellspacing="0" width="30%" bordercolor="#000000">
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-----END PRIVACY-ENHANCED MESSAGE-----
