Royce Focus Trust (NASDAQ: FUND) as of December 31, 2012
Royce Focus Trust (Nasdaq: FUND) as of December 31, 2012
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, Inc. (NAS: FUND) :
Closing Prices - December 31, 2012
NAV | $7.66 | |||
MKT | $6.60 | |||
Total Return Performance | ||||||||
Periods ended December 31, 2012 | NAV | MKT | ||||||
1 Month* | 2.85% | 0.30% | ||||||
Year to Date* | 11.42 | 12.14 | ||||||
One-Year | 11.42 | 12.14 | ||||||
Three-Year Average Annual | 6.69 | 5.78 | ||||||
Five-Year Average Annual | 1.38 | -1.70 | ||||||
Ten-Year Average Annual | 12.19 | 11.87 | ||||||
*Not Annualized | ||||||||
Portfolio Diagnostics | |||||
Wtd. Average Geometric Market Cap | $5492 million | ||||
Wtd. Average P/E Ratio: | 14.1x* | ||||
Wtd. Average P/B Ratio: | 1.8x* | ||||
Net Assets: | $164 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. | 3.9% | ||||
2. Analog Devices | 3.3 | ||||
3. Berkshire Hathaway Cl. B | 3.3 | ||||
4. Microsoft | 3.3 | ||||
5. Mosaic Company (The) | 3.1 | ||||
6. Franklin Resources | 3.1 | ||||
7. Helmerich & Payne | 2.9 | ||||
8. Exxon Mobil | 2.9 | ||||
9. Buckle (The) | 2.7 | ||||
10. Apple | 2.6 | ||||
Top Five Sectors | % of Net Assets | ||||
1. Materials | 30% | ||||
2. Information Technology | 18 | ||||
3. Financials | 16 | ||||
4. Energy | 13 | ||||
5. Consumer Discretionary | 8 | ||||
Recent Developments
Royce Focus Trust, Inc. (Nasdaq - FUND) declared a distribution of $0.17 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, was paid on December 24, 2012 to stockholders of record at the close of business on December 6, 2012 (ex-dividend on December 4, 2012). The price of shares issued for reinvestment on December 13, 2012 was $6.59.
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, Inc.
John D. Diederich, 212-355-7311
KEYWORDS: United States North America New York
INDUSTRY KEYWORDS:
The article Royce Focus Trust (NAS: FUND) as of December 31, 2012 originally appeared on Fool.com.
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