Royce Focus Trust (NASDAQ: FUND):
|
|
|
Closing Prices – January 31, 2013
|
|
|
|
NAV
|
|
|
|
$
|
7.85
|
|
MKT
|
|
|
|
$
|
7.09
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Return Performance
|
|
|
|
|
|
|
|
|
|
Periods ended January 31, 2013
|
|
|
|
NAV
|
|
|
MKT
|
|
|
|
|
|
1 Month*
|
|
|
|
2.48
|
%
|
|
7.42
|
|
|
Year to Date*
|
|
|
|
2.48
|
|
|
7.42
|
|
|
One-Year
|
|
|
|
4.40
|
|
|
7.21
|
|
|
Three-Year Average Annual
|
|
|
|
9.70
|
|
|
10.22
|
|
|
Five-Year Average Annual
|
|
|
|
3.29
|
|
|
1.25
|
|
|
Ten-Year Average Annual
|
|
|
|
12.76
|
|
|
12.92
|
|
|
|
|
|
*Not Annualized
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Portfolio Diagnostics
|
|
|
|
|
|
Wtd. Average Geometric Market Cap
|
|
$5768 million
|
|
Wtd. Average P/E Ratio:
|
|
14.4x*
|
|
Wtd. Average P/B Ratio:
|
|
1.9x*
|
|
Net Assets:
|
|
$168 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.
|
|
|
4.2
|
%
|
|
2. Berkshire Hathaway Cl. B
|
|
|
3.5
|
|
|
3. Mosaic Company (The)
|
|
|
3.3
|
|
|
4. Microsoft
|
|
|
3.3
|
|
|
5. Franklin Resources
|
|
|
3.3
|
|
|
6. Helmerich & Payne
|
|
|
3.3
|
|
|
7. Analog Devices
|
|
|
3.1
|
|
|
8. Exxon Mobil
|
|
|
3.0
|
|
|
9. Buckle (The)
|
|
|
2.8
|
|
|
10. Apple
|
|
|
2.7
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Top Five Sectors
|
|
|
% of Net Assets
|
|
|
1. Materials
|
|
|
28
|
%
|
|
2. Information Technology
|
|
|
19
|
|
|
3. Financials
|
|
|
17
|
|
|
4. Energy
|
|
|
14
|
|
|
5. Consumer Discretionary
|
|
|
7
|
|
|
|
|
|
|
|
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.
