Royce Focus Trust (NASDAQ: FUND):
|
Closing Prices – May 31, 2013
|
|
| NAV |
|
$8.02 |
| MKT |
|
$7.12 |
|
|
|
|
Total Return Performance
|
|
Periods ended May 31, 2013
|
|
NAV
|
|
|
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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 |
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Portfolio Diagnostics
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|
| 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.
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Portfolio Composition
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Top 10 Positions
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|
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% of Net Assets
|
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|
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| 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 |
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Top Five Sectors
|
|
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% of Net Assets
|
| 1. Materials |
|
|
|
22% |
| 2. Information Technology |
|
|
|
19 |
| 3. Financials |
|
|
|
19 |
| 4. Energy |
|
|
|
13 |
| 5. Consumer Discretionary |
|
|
|
10 |
|
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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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