<SEC-DOCUMENT>0000949377-20-000259.txt : 20200715
<SEC-HEADER>0000949377-20-000259.hdr.sgml : 20200715
<ACCEPTANCE-DATETIME>20200715130950
ACCESSION NUMBER:		0000949377-20-000259
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200715
DATE AS OF CHANGE:		20200715
EFFECTIVENESS DATE:		20200715

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROYCE MICRO-CAP TRUST, INC.
		CENTRAL INDEX KEY:			0000912147
		IRS NUMBER:				133739778
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08030
		FILM NUMBER:		201028900

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		2124084587

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROYCE MICRO-CAP TRUST, INC /MD/
		DATE OF NAME CHANGE:	20090324

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROYCE MICRO CAP TRUST INC /MD/
		DATE OF NAME CHANGE:	20010430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROYCE OTC MICRO CAP FUND INC
		DATE OF NAME CHANGE:	19930917
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>rmt-defa14a_715.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As filed with the Securities and Exchange
Commission on July 15, 2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Rule 14a-101)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>INFORMATION REQUIRED IN PROXY STATEMENT<BR>
SCHEDULE 14A INFORMATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Proxy Statement Pursuant to Section 14(a) of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">the Securities Exchange Act of 1934 (Amendment
No. )</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Filed by the Registrant <FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Filed by a Party other than the Registrant <FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Preliminary Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; letter-spacing: -0.05pt"><B>Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Definitive Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9746;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Definitive Additional Materials</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Soliciting Material Pursuant to &sect;240.14a-12</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.05pt"><B>ROYCE MICRO-CAP TRUST, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Name of Registrant as Specified In Its Charter)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">N/A</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Payment of Filing Fee (Check the appropriate box):</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9746;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">No fee required.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 7%; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="width: 86%; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title of each class of securities to which transaction applies:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Aggregate number of securities to which transaction applies:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Proposed maximum aggregate value of transaction:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Total fee paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Fee paid previously with preliminary materials.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Amount Previously Paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Form, Schedule or Registration Statement No.:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Filing Party:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Date Filed:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt"></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>



<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 700">Royce Micro-Cap Trust, Inc. Stockholders Approve</FONT></P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 700">New Investment Advisory Agreement at Special Meeting</FONT></P>

<P STYLE="text-align: justify; margin-top: 13.9pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 700">NEW YORK</FONT> <FONT STYLE="font-weight: 400">&#8211; July 14, 2020 &#8211; Royce Micro-Cap Trust, Inc.
(NYSE: RMT) (the &#8220;Fund&#8221;) announced that the Fund&#8217;s stockholders voted to approve a new investment advisory agreement with
the Fund&#8217;s investment manager, Royce Investment Partners (&#8220;Royce&#8221;)<SUP>1</SUP>, at today&#8217;s Special Meeting
of Stockholders of the Fund (the "Special Meeting").</FONT></P>

<P STYLE="text-align: left; margin-top: 13.9pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">&#8220;We thank our stockholders for their participation and strong support for the new agreement,&#8221;
said Christopher D. Clark, the Fund&#8217;s President. &#8220;Approval of the new agreement ensures that Royce will continue to manage
the Fund and execute the differentiated strategy that has delivered excellent relative performance for stockholders.&#8221;</FONT></P>

<P STYLE="text-align: justify; margin-top: 14pt; margin-right: 20.35pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">The new agreement will become effective upon completion of Franklin Resources, Inc.&#8217;s acquisition
of Legg Mason Inc., Royce&#8217;s indirect parent company. There will be no increase in the contractual investment advisory fee rate for the Fund as a result of the implementation of the new agreement.
In addition, implementation of the new agreement will not result in any changes to the Fund&#8217;s portfolio management personnel, investment objective, principal investment strategy, or investment restrictions</FONT></P>

<P STYLE="text-align: justify; margin-top: 13.9pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 700">About Royce Micro-Cap Trust, Inc.</FONT></P>

<P STYLE="text-align: justify; margin-top: 14pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">Royce Micro-Cap Trust, Inc. is a closed-end diversified management investment company whose shares
of Common Stock are listed and traded on the New York Stock Exchange. The Fund's investment goal is long-term capital growth,
which it seeks by investing primarily in equity securities of micro-cap companies.</FONT></P>

<P STYLE="text-align: justify; margin-top: 14.15pt; margin-right: 40.65pt; margin-bottom: 0pt; font-size: 9.9pt"><FONT STYLE="font-family: Arial; font-weight: 400">For further information on The Royce Funds</FONT><FONT STYLE="font-family: Calibri; font-weight: 400">&#8480;</FONT><FONT STYLE="font-family: Arial; font-weight: 400">,
please visit our web site at: www.royceinvest.com.</FONT></P>

<P STYLE="text-align: justify; margin-top: 14.35pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 700">Forward Looking Statement</FONT></P>

<P STYLE="text-align: left; margin-top: 14.15pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">This press release is not an offer to purchase nor a solicitation of an offer to sell shares of
the Fund. This letter may contain statements regarding plans and expectations for the future that constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical
fact are forward-looking and can sometimes be identified by the use of words such as &#8220;plan,&#8221; &#8220;expect,&#8221; &#8220;will,&#8221; &#8220;should,&#8221;
&#8220;could,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;project,&#8221; &#8220;estimate,&#8221; &#8220;guidance,&#8221; &#8220;possible,&#8221; &#8220;continue&#8221; and
other similar terms and phrases, although not all forward-looking statements include these words. Such forward-looking statements
are based on the current plans and expectations of the Fund, and are subject to risks and uncertainties that could cause actual
results, performance and events to differ materially from those described in the forward-looking statements. Additionally, past
performance is no guarantee of future results. Additional information concerning such risks and uncertainties are or will be contained
in the Fund&#8217;s filings with the U.S. Securities and Exchange Commission, including the Fund&#8217;s Annual Report to Stockholders
on Form N-CSR, for the year ended December 31, 2019, and subsequent filings with the Commission. These factors should be considered
carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Fund undertakes no responsibility
to update publicly or revise any forward-looking statement.</FONT></P>

<P STYLE="text-align: left; margin-top: 0pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">&#160;</FONT></P>

<P STYLE="text-align: left; margin-top: 0pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 700">Media Contact</FONT></P>

<P STYLE="text-align: left; margin-top: 14pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">Joele Frank, Wilkinson Brimmer Katcher</FONT></P>

<P STYLE="text-align: left; margin-top: 0pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">Lucas Pers</FONT></P>

<P STYLE="text-align: left; margin-top: 0pt; margin-bottom: 0pt; font: 9.9pt Arial"><FONT STYLE="font-weight: 400">212-355-4449</FONT></P>

<P STYLE="font: 9.9pt Arial; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-weight: 400">&nbsp;</FONT></P>

<P STYLE="font: 9.9pt Arial; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-weight: 400">&nbsp;</FONT></P>

<P STYLE="font: 9.9pt Arial; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-weight: 400">&nbsp;</FONT></P>




<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 8pt Arial"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Arial; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-weight: 400"><sup>1</sup>Royce &amp; Associates, LP is a Delaware limited partnership that primarily conducts its business under
the name Royce Investment Partners.</FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
