Royce Focus Trust (NASDAQ: FUND) as of March 31, 2013

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Royce Focus Trust (Nasdaq: FUND) as of March 31, 2013

  • Invests in a limited number of companies using a value approach
  • Average weekly trading volume of approximately 194,000 shares
  • Fund's adviser has more than 35 years of investment experience

NEW YORK--(BUSINESS WIRE)-- Royce Focus Trust (NAS: FUND) :

Closing Prices - March 31, 2013


NAV $7.73

MKT $6.98

Total Return Performance

Periods ended March 31, 2013

 

NAV

 

MKT

 
1 Month*2.35%2.01%
Year to Date*2.357.26
One-Year2.737.42
Three-Year Average Annual6.256.41
Five-Year Average Annual2.981.44
Ten-Year Average Annual13.3113.37
 

*Not Annualized

Portfolio Diagnostics

 
Wtd. Average Geometric Market Cap$5849 million
Wtd. Average P/E Ratio:14.6x*
Wtd. Average P/B Ratio:1.9x*
Net Assets:$166 million

*The Funds' P/E ratio calculations exclude companies with zero or negative earnings.

Portfolio Composition

Top 10 Positions

 

% of Net Assets

 
1. Western Digital Corp.4.2%
2. Berkshire Hathaway Cl. B3.8
3. Franklin Resources3.6
4. Microsoft Corp.3.4
5. Mosaic Company (The)3.2
6. Helmerich & Payne3.1
7. Exxon Mobil3.0
8. Buckle (The)2.8
9. Reliance Steel & Aluminum2.8
10. Apple2.7
 
 

Top Five Sectors

% of Net Assets

1. Materials25%
2. Information Technology18
3. Financials18
4. Energy15
5. Consumer Discretionary8

Recent Developments

Royce Focus Trust, Inc. (Nasdaq - FUND) has declared a quarterly distribution of $0.10 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on March 25, 2013 to stockholders of record at the close of business on March 6, 2013 (ex-dividend on March 4, 2013). The price of shares issued for reinvestment determined on March 13, 2013 was $7.04.

Royce Focus Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq National Market (Nasdaq - FUND). The Fund's investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities.

Daily net asset values (NAVs) for Royce Focus Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XFUNX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.roycefunds.com.



Royce Focus Trust
John D. Diederich
212-355-7311

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Royce Focus Trust (NAS: FUND) as of March 31, 2013 originally appeared on Fool.com.

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