SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Royce Global Trust, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
78080N108
(CUSIP Number)
Charles M. Royce, 1414 Avenue of the Americas, New York, New York 10019,
(212) 486-1445
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 4, 1997
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ].
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
(Continued on following page(s))
Page 1 of 5 Pages
<PAGE>
CUSIP No. 78080N108 13D Page 2 of 5 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles M. Royce
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF
SHARES
BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY
EACH 512,300
REPORTING
PERSON 8 SHARED VOTING POWER
WITH
9 SOLE DISPOSITIVE POWER
512,300
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
512,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
<PAGE>
CUSIP No. 78080N108 13D Page 3 of 5 Pages
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.31%
14 TYPE OF REPORTING PERSON*
IN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 78080N108 13D Page 4 of 5 Pages
Item 1. Security and Issuer.
The title and class of equity securities to which this statement
relates is Common Stock.
The name and address of the principal executive offices of the
Issuer are:
Royce Global Trust, Inc.
1414 Avenue of the Americas
New York, New York 10019
Item 2. Identity and Background.
(a) The name of the person filing this statements is Charles M. Royce.
(b) Mr. Royce's business address is 1414 Avenue of the Americas, New
York, New York 10019.
(c) Mr. Royce is President, Chief Investment Officer, Secretary,
Treasurer and sole director and sole voting shareholder of Quest
Advisory Corp., a registered investment adviser whose clients
include the Issuer and other registered investment companies.
He is director/trustee, President and Treasurer of the Issuer
and such other investment companies. These companies are
located at 1414 Avenue of the Americas, New York, New York
10019.
Mr. Royce is also managing general partner of Quest Management
Company, a registered investment adviser whose address is 8
Sound Shore Drive, Greenwich, Connecticut 06830.
(d) Not applicable.
(e) Not applicable.
(f) Mr. Royce is a citizen of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
This amendment is being filed as a result of Mr. Royce acquiring
a total of 100,000 shares of the Issuer's Common Stock in an
open-market transaction effected on February 4, 1997 for an
aggregate purchase price of $471,880, which purchase increased
his beneficial holdings of the Issuer's Common Stock in excess
of one additional percentage point. Mr. Royce used his own
personal funds to pay for the shares of the Issuer's Common
Stock he acquired in this transaction.
Item 4. Purpose of Transaction.
Mr. Royce purchased the shares of the Issuer's Common Stock as
an investment for his own account.
<PAGE>
CUSIP No. 78080N108 13D Page 5 of 5 Pages
Item 5. Interest in Securities of Issuer.
(a) Mr. Royce beneficially owned 512,300 shares or 6.31% of the
Issuer's outstanding Common Stock as of February 4, 1997.
(b) Mr. Royce has sole voting and sole dispositive powers as to all
of the shares shown in item 5(a) above.
(c) In the 60 days prior to the date of filing of this statement,
Mr. Royce effected the following purchase of the Common Stock of
the Issuer, which was effected in the open market and not
previously reported on any Schedule 13D filing: 100,000 shares
@4.7188 per share on February 4, 1997.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
Not applicable.
Item 7. Materials to be Filed as Exhibits.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
February 10, 1997
(Date)
S/CHARLES M. ROYCE
(Signature)
Charles M. Royce
