Wholly shit Cabin111. Check this out.
I went back and compared SPY to RVT.
I started with SPY, since from what I can tell SPY goes back only to 1993, RVT much further.
So on 1/29/93 SPY had an adjusted close of 25.55. As of Friday it closed at 411.34. Had you held one share during that period you would have received 81.85 of dividends. You would have turned $25.55 into $493.19. (493.19 - 25.55)/25.55 is an 1830% ROI over that period (very generally, ignores things like when you got the dividend and you would have reinvested it, etc.). I was like WOW, that is incredible, no way these Royce funds can touch that!!!
But then I did that same math with RVT over that same period. It went from an adjusted price of 1.035 to 15.27, and you would have received 34.01 of dividends over that period holding 1 share. You know what that same ROI calculation turns out to be? 4662%!?!?!?!!! Freaking AMAZING!!!!
Do you those numbers make sense to you? Is so I'm going ALL IN on RVT in the future!!! (And I need to check out RGT as well, 27.92% divvy LULZ!!!!)
Thanks so much!!!!
I went back and compared SPY to RVT.
I started with SPY, since from what I can tell SPY goes back only to 1993, RVT much further.
So on 1/29/93 SPY had an adjusted close of 25.55. As of Friday it closed at 411.34. Had you held one share during that period you would have received 81.85 of dividends. You would have turned $25.55 into $493.19. (493.19 - 25.55)/25.55 is an 1830% ROI over that period (very generally, ignores things like when you got the dividend and you would have reinvested it, etc.). I was like WOW, that is incredible, no way these Royce funds can touch that!!!
But then I did that same math with RVT over that same period. It went from an adjusted price of 1.035 to 15.27, and you would have received 34.01 of dividends over that period holding 1 share. You know what that same ROI calculation turns out to be? 4662%!?!?!?!!! Freaking AMAZING!!!!
Do you those numbers make sense to you? Is so I'm going ALL IN on RVT in the future!!! (And I need to check out RGT as well, 27.92% divvy LULZ!!!!)
Thanks so much!!!!