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

Business Wirevia The Motley Fool
Updated

Royce Focus Trust (Nasdaq: FUND) as of August 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 (Nasdaq: FUND) :

Closing Prices - August 31, 2013

NAV

$8.13

MKT

$7.21

Total Return Performance

Periods ended August 31, 2013

NAV

MKT

1 Month*

-0.62%

-1.53%

Year to Date*

8.37

10.52

One-Year

14.58

16.10

Three-Year Average Annual

12.54

13.12

Five-Year Average Annual

3.42

0.03

Ten-Year Average Annual

9.99

9.46

*Not Annualized

Portfolio Diagnostics

Wtd. Average Geometric Market Cap

$3659 million

Wtd. Average P/E Ratio:

15.6x*

Wtd. Average P/B Ratio:

1.9x*

Net Assets:

$175 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.

4.4%

2.

Berkshire Hathaway Inc. Cl. B

3.8

3.

Microsoft Corp.

3.4

4.

Franklin Resources

3.2

5.

Helmerich & Payne

3.1

6.

The Buckle

3.0

7.

Nu Skin Enterprises

2.9

8.

Apple

2.8

9.

Exxon Mobile Corp.

2.7

10.

Myriad Genetics

2.7

Top Five Sectors

% of Net Assets

1.

Materials

20%

2.

Financials

18

3.

Information Technology

18

4.

Energy

12

5.

Consumer Discretionary

11

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 August 31, 2013 originally appeared on Fool.com.

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