Fund Companies Rights Offerings Managed Distributions Leveraged Funds IPOs Asset Classes CEF Advisors

My Fund Comparison
Initilizing list...

Royce Focus Trust (NASDAQ: FUND) as of May 31, 2012
Royce & Associates, LLC.

NEW YORK, Jun 18, 2012 (BUSINESS WIRE) -- --Average weekly trading volume of approximately 194,000 shares

--Fund's adviser has more than 35 years of small- and micro-cap investment experience

Royce Focus Trust FUND +2.26% as of May 31, 2012:

        Closing Prices - May 31, 2012
        NAV $7.03
        MKT $6.22

        Total Return Performance
        Periods ended May 31, 2012        NAV       MKT
                                      --------   -------
        1 Month*                       -9.99 %    -8.12 %
        Year to Date*                  -3.17       0.07
        One-Year                      -18.72     -18.01
        Three-Year Average Annual       9.92       9.09
        Five-Year Average Annual       -2.45      -5.48
        Ten-Year Average Annual         8.59       7.98
        *Not Annualized

        Portfolio Diagnostics
        Wtd. Average Geometric Market Cap        $4821 million
        Wtd. Average P/E Ratio:                  11.7x*
        Wtd. Average P/B Ratio:                  1.6x*
        Net Assets Applicable to Common Stock:   $171 million
        Net Leverage:                            0.0%

        *The Funds' P/E ratio calculations exclude companies with zero
        or negative earnings.
        Net leverage is the percentage, in excess of 100%, of the total
        value of equity type investments, divided by net assets, applicable
        to common stock.

Portfolio Composition

        Top 10 Positions                   % of Net Assets
        --------------------------------   --------------
        1. Berkshire Hathaway Inc. Cl. B       4.1 %
        2. Microsoft Corp                      4.0
        3. Analog Devices                      3.5
        4. Western Digital                     3.2
        5. Buckle (The)                        3.2
        6. Exxon Mobil Corp.                   3.0
        7. Franklin Resources                  2.9
        8. Mosaic Company (The)                2.8
        9. Kennedy Wilson-Holdings             2.7
        10. Allied Nevada Gold                 2.7

        Top Five Sectors            % of Net Assets
        -------------------------   --------------
        1. Materials                     30 %
        2. Financials                    19
        3. Information Technology        19
        4. Energy                        12
        5. Consumer Discretionary         7

Recent Developments

Royce Focus Trust, Inc. (Nasdaq - FUND) has declared a quarterly distribution of $0.10 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on June 25, 2012 to stockholders of record at the close of business on June 6, 2012 (ex-dividend on June 4, 2012). The price of shares issued for reinvestment was $6.20.

Royce Focus Trust, Inc. has declared a cash dividend of $0.375 per share on its Cumulative Preferred Stock, based on an annual rate of 6.00% of the initial liquidation preference of $25.00 per share. The dividend is to be paid on June 25, 2012 to stockholders of record at the close of business on June 6, 2012 (ex-dividend June 4, 2012).

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) and whose shares of 6.00% Cumulative Preferred Stock are listed and traded on the NYSE (RFO.pra). 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.

Image Map


Aberdeen Closed-End TV

CEF Connect


National Association of
Publicly Traded Partnerships


Seeking Alpha CEF Articles
SySys Logo

Lipper Logo
Powered by a SySys data & content management system.

©Thomson Reuters 2011. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.