Royce Focus Trust (NASDAQ: FUND) as of August 31, 2014

  • 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--()--Royce Focus Trust (NASDAQ: FUND):

 

Closing Prices – August 31, 2014

 
NAV       $9.49
MKT $8.46
 
           

Total Return Performance

Periods ended August 31, 2014

NAV

MKT

 
1 Month* 3.83% 2.42%
Year to Date* 12.03 13.76
One-Year 23.78 25.57
Three-Year Average Annual 11.62 12.04
Five-Year Average Annual 13.80 13.96
Ten-Year Average Annual 9.97 9.06

*Not Annualized

       

Portfolio Diagnostics

 
Wtd. Average Geometric Market Cap $6391million
Wtd. Average P/E Ratio: 17.3x*
Wtd. Average P/B Ratio: 2.4x*
Net Assets: $212million

*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. Myriad Genetics 4.1
3. Apple 4.1
4. Franklin Resources 3.5
5. Kennedy-Wilson Holdings 3.0
6. Cirrus Logic 2.9
7. Exxon Mobil Corp. 2.8
8. SanDisk Corp. 2.8
9. Thor Industries 2.7
10. TGS-NOPEC Geophysical 2.7
 
           

Top Five Sectors

% of Net Assets

 
1.   Materials 21%
2. Information Technology 19
3. Financials 16
4. Energy 13
5. Consumer Discretionary 8
 

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.

Contacts

Royce Focus Trust, Inc.
John D. Diederich, 212-355-7311

Contacts

Royce Focus Trust, Inc.
John D. Diederich, 212-355-7311