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

Before you go, we thought you'd like these...
Before you go close icon

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*6.199.41
One-Year22.2022.61
Three-Year Average Annual9.209.75
Five-Year Average Annual1.10-1.85
Ten-Year Average Annual11.2910.81
 
*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. B4.0
4. Franklin Resources, Inc.3.6
5. Mosaic Company (The)3.2
6. The Buckle, Inc.3.1
7. Helmerich & Payne3.0
8. Exxon Mobile Corp.2.9
9. Myriad Genetics2.8
10. Apple2.6
 
 

Top Five Sectors

% of Net Assets

1. Materials22%
2. Information Technology19
3. Financials19
4. Energy13
5. Consumer Discretionary10
 

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.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners