SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
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)
January 31, 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 412,300
REPORTING
PERSON 8 SHARED VOTING POWER
WITH
9 SOLE DISPOSITIVE POWER
412,300
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
412,300
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)
5.08%
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.
Mr. Royce used his own personal funds to obtain the $38,856.51
used to make the purchase of 8,100 shares at $4.7971 per share
on January 31, 1997, which increased his beneficial holdings of
the Issuer's Common Stock to over 5% of the outstanding shares
of such class.
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 412,300 shares or 5.08% of the
Issuer's outstanding Common Stock as of January 31, 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 purchases of the Common Stock
of the Issuer, all of which were effected in the open market:
(i) 8,000 shares @$4.5312 per share on December 11, 1996; (ii)
21,500 shares @$4.50 per share on December 12, 1996; (iii) 5,300
shares @$4.50 per share on December 16, 1996; (iv) 9,700 shares
@$4.50 per share on December 18, 1996; (v) 15,000 shares
@$4.5938 per share on January 3, 1997; (vi) 5,000 shares
@$4.5312 per share on January 10, 1997; (vii) 6,000 shares
@$4.5312 per share on January 14, 1997; (viii) 1,000 shares
@$4.5938 per share on January 16, 1997; (ix) 1,300 shares
@$4.5938 per share on January 17, 1997; (x) 10,000 shares @$4.75
per share on January 21, 1997; (xi) 2,000 shares @$4.6875 per
share on January 21, 1997; (xii) 600 shares @$4.6875 per share
on January 22, 1997; (xiii) 6,400 shares @$4.6875 per share on
January 23, 1997; (xiv) 2,700 shares @$4.6875 per share on
January 27, 1997; (xv) 5,000 shares @$4.6875 per share on
January 28, 1997; (xvi) 4,000 shares @$4.75 per share on January
30, 1997; and (xvii) 8,100 shares @$4.7971 per share on January
31, 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 4, 1997
(Date)
S/CHARLES M. ROYCE
(Signature)
Charles M. Royce
