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Gramercy Investment Advisors LLC
> RMT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2011 | ROYCE MICRO CAP TRUST INC | RMT | 99,921 | -114,957 | 876,000 | -766,000 | $8.77 |
| 09/30/2011 | ROYCE MICRO CAP TRUST INC | RMT | 214,878 | 0 | 1,642,000 | -477,000 | $7.64 |
| 06/30/2011 | ROYCE MICRO CAP TRUST INC | RMT | 214,878 | 0 | 2,119,000 | -81,000 | $9.86 |
| 03/31/2011 | ROYCE MICRO CAP TRUST INC | RMT | 214,878 | 0 | 2,200,000 | 94,000 | $10.24 |
| 12/31/2010 | ROYCE MICRO CAP TRUST INC | RMT | 214,878 | -107,812 | 2,106,000 | -563,000 | $9.80 |
| 09/30/2010 | ROYCE MICRO CAP TRUST INC | RMT | 322,690 | -28,043 | 2,669,000 | 95,000 | $8.27 |
| 06/30/2010 | ROYCE MICRO CAP TRUST INC | RMT | 350,733 | 15,000 | 2,574,000 | -176,000 | $7.34 |
| 03/31/2010 | ROYCE MICRO CAP TRUST INC | RMT | 335,733 | 0 | 2,750,000 | 276,000 | $8.19 |
| 12/31/2009 | ROYCE MICRO CAP TRUST INC | RMT | 335,733 | 0 | 2,474,000 | 23,000 | $7.37 |
| 09/30/2009 | ROYCE MICRO CAP TRUST INC | RMT | 335,733 | 335,733 | 2,451,000 | 2,451,000 | $7.30 |
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