0001752724-21-050196 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 12th, 2021 • Royce Value Trust, Inc.

Investment Advisory Agreement made this 31st day of July 2020, by and between ROYCE VALUE TRUST, INC., a Maryland corporation (the “Fund”), and ROYCE & ASSOCIATES, LP, a Delaware limited partnership (formerly Royce & Associates, Inc. and Royce & Associates, LLC) (the “Adviser”).

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