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Royce Focus Trust (NASDAQ: FUND) as of April 30, 2010

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  Published in Business and Finance on Tuesday, May 25th 2010 at 8:05 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Royce Focus Trust (NASDAQ: FUND):

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.

Recent Developments

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 23, 2010 to stockholders of record at the close of business on June 7, 2010 (ex-dividend June 3, 2010).

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 75% 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 ].