ROYCE SMALL-CAP TRUST, INC.

Royce Small-Cap Trust, Inc. (RVT) shows no cyber incidents or material red-flag 8-K filings in our last 90-day monitoring window. However, absence of recent events does not indicate absence of risk—small-cap trusts face persistent exposure to equity dilution, financing cycles, and structural leverage risks that require deeper historical context. The full $49 Report extends the analysis to 12 months of filing activity, adds a dilution risk score, maps the trust's financing history, and flags emerging AI-related operational signals that shorter windows miss. The full $49 Report adds quantified dilution risk, 12-month 8-K context, capitalization trajectory analysis, and AI exposure scoring.