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

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

NAV

$8.02

MKT

$7.12

Total Return Performance

Periods ended May 31, 2013

NAV

MKT

1 Month*

4.70

%

4.86

%

Year to Date*

6.19

9.41

One-Year

22.20

22.61

Three-Year Average Annual

9.20

9.75

Five-Year Average Annual

1.10

-1.85

Ten-Year Average Annual

11.29

10.81

*Not Annualized

Portfolio Diagnostics

Wtd. Average Geometric Market Cap

$6430 million

Wtd. Average P/E Ratio:

15.3x*

Wtd. Average P/B Ratio:

1.9x*

Net Assets:

$173 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.

5.1%

2. Microsoft Corp.

4.0

3. Berkshire Hathaway Inc. Cl. B

4.0

4. Franklin Resources, Inc.

3.6

5. Mosaic Company (The)

3.2

6. The Buckle, Inc.

3.1

7. Helmerich & Payne

3.0

8. Exxon Mobile Corp.

2.9

9. Myriad Genetics

2.8

10. Apple

2.6

Top Five Sectors

% of Net Assets

1. Materials

22%

2. Information Technology

19

3. Financials

19

4. Energy

13

5. Consumer Discretionary

10


Recent Developments

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 May 31, 2013 originally appeared on Fool.com.

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