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

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

 

NAV

    

$8.13

      

MKT

$7.21

 

Total Return Performance

Periods ended July 31, 2013

   

NAV

   

MKT

 

1 Month*

6.27

%

3.30

%

Year to Date*

9.04

12.23

One-Year

20.74

21.24

Three-Year Average Annual

11.33

12.22

Five-Year Average Annual

3.23

0.66

Ten-Year Average Annual

10.59

10.45

 

*Not Annualized

 

Portfolio Diagnostics

 

Wtd. Average Geometric Market Cap

 

$

6197 million

Wtd. Average P/E Ratio:

15.5x*

Wtd. Average P/B Ratio:

1.9x*

Net Assets:

$

177 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.

4.6

%

2.

Berkshire Hathaway Inc. Cl. B

3.9

3.

Microsoft Corp.

3.6

4.

Franklin Resources, Inc.

3.3

5.

The Buckle, Inc.

3.2

6.

Nu Skin Enterprises, Inc.

3.1

7.

Helmerich & Payne, Inc.

3.0

8.

Myriad Genetics

3.0

9.

Exxon Mobile Corp.

2.9

10.

Apple, Inc.

2.6

 

Top Five Sectors

% of Net Assets

1.

Materials

20

%

2.

Information Technology

18

3.

Financials

18

4.

Energy

13

5.

Consumer Discretionary

12

 

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.

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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 July 31, 2013 originally appeared on Fool.com.

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