Royce Focus Trust (NASDAQ: FUND):
Closing Prices – November 30, 2011
Total Return Performance
Periods ended November 30, 2011
|Year to Date*||-7.04||-8.88|
|Three-Year Average Annual||24.68||15.73|
|Five-Year Average Annual||2.36||-2.36|
|Ten-Year Average Annual||10.76||10.57|
|Wtd. Average Geometric Market Cap||$4755 million|
|Wtd. Average P/E Ratio:||12.7x*|
|Wtd. Average P/B Ratio:||1.8x*|
|Net Assets Applicable to Common Stock:||$183 million|
*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.
Top 10 Positions
% of Net Assets
1. Berkshire Hathaway Cl. B
2. Allied Nevada Gold
3. Newmont Mining
4. Microsoft Corp.
5. Franklin Resources
6. Analog Devices
7. Buckle (The)
8. Mosaic Company (The)
9. Exxon Mobil
|10. Western Digital||2.8|
Top Five Sectors
% of Net Assets
3. Information Technology
Royce Focus Trust, Inc. (Nasdaq - FUND) has declared a distribution of $0.11 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 December 23, 2011 to stockholders of record at the close of business on December 6, 2011 (ex-dividend on December 2, 2011). The price of shares issued for reinvestment will be determined on December 13, 2011.
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 December 23, 2011 to stockholders of record at the close of business on December 6, 2011 (ex-dividend on December 2, 2011).
Royce Focus Trust (Nasdaq: FUND) resumed a quarterly distribution policy for Common Stockholders, beginning in March 2011, at the annual rate of 5%.
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.
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.
John D. Diederich, 212-355-7311
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here