Sprott Focus Trust

Sprott Focus Trust, Inc. is a closed-end diversified management investment company. It has an objective of long term capital growth. The company was founded on November 1, 1996 and is headquartered in New York, NY.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q2 2023

Sprott Focus Trust provides investors exposure to a more differentiated portfolio with a more value-oriented approach. The fund is rather narrowly invested, with a more concentrated number of holdings in its portfolio. FUND trades at a wide discount, which is appealing, but the fund regularly trades at a double-digit discount.

Sprott Focus Trust: Widening Discount And Differentiated Portfolio

TORONTO, June 04, 2024 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1299 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 July 1, 2024 to stockholders of record at the close of business on June 14, 2024 (ex-dividend on June 14, 2024). The price of shares issued for reinvestment will be determined on June 24, 2024.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1299 Per Share

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1286 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 March 28, 2024 to stockholders of record at the close of business on March 14, 2024 (ex-dividend on March 13, 2024). The price of shares issued for reinvestment will be determined on March 21, 2024.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1286 Per Share

Sprott Focus Trust has a unique tilt towards the materials sector, with significant holdings in energy and financial services as well. The fund's discount has widened, making it relatively attractive on a shorter-term relative basis, but on a longer-term basis, it looks to be relatively fairly valued. FUND pays out a quarterly distribution based on 6% of its NAV, with net investment income coverage moving materially higher in the latest report.

FUND: Looking More Tempting As Discount Widens, But Not A Bargain Yet

TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1270 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 28, 2023 to stockholders of record at the close of business on December 14, 2023 (ex-dividend on December 13, 2023). The price of shares issued for reinvestment will be determined on December 21, 2023.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.1270 Per Share

The Sprott Focus Trust is an actively managed closed-end fund that invests in stocks through a fundamentals-based approach. The current portfolio is concentrated in sectors like basic materials and energy that have underperformed this year. A widening discount to the fund's net asset value may add to risks for FUND into 2024.

FUND CEF: Sector Concentration Adds To Risks Into 2024

AllianceBernstein National Municipal Income Fund

BlackRock Health Sciences Trust II

Cornerstone Strategic Value Fund Inc

MFS High Yield Municipal Trust

Cornerstone Total Return Fund Inc

Herzfeld Caribbean Basin Fund Inc

MFS Investment Grade Municipal Trust

Destra Multi-Alternative Fund

DNP Select Income Fund Inc

BlackRock Enhanced Government Fund

Eaton Vance

Aberdeen Global Income Fund

First Trust Energy Infrastructure Fund

FS Credit Opportunities Corp

GDL Fund

Gabelli Dividend & Income Trust

Gabelli Multimedia Trust

Guggenheim Strategic Opportunities Fund

Gabelli Utility Trust

John Hancock Hedged Equity & Income Fund

Highland Income Fund

Highland Global Credit Allocation Fund.

Closed-End Funds: Revisiting Valuations As We End Q3 2023

Adams Diversified Equity Fund

Blackrock Health Sciences Trust

BlackRock Science & Technology

BlackRock Science and Technology Trust II

BlackRock Utilities Infrastructure & Power Opportunities Trust

ClearBridge Energy MLP Fund Inc

Central Securities

European Equity Fund

Franklin Templeton Emerging Markets Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

General American Investors

Gabelli Global Small and Mid Cap Value Trust

Eagle Capital Growth Fund Inc

Gabelli Healthcare & Wellness Trust

abrdn Healthcare Investors 

abrdn Life Sciences Investors 

India Fund Inc

Morgan Stanley India Investment Fund Inc

Barings Corporate Investors

Barings Participation Investors

Mexico Fund

PIMCO Energy and Tactical Credit Opportunities Fund

Income Portfolio - 38 CEFs Worth Exploring

TORONTO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1238 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 September 29, 2023 to stockholders of record at the close of business on September 15, 2023 (ex-dividend on September 14, 2023). The price of shares issued for reinvestment will be determined on September 22, 2023.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1238 Per Share

Charlie Munger has famously said: “there is only three ways a smart person can go broke: liquor, ladies and leverage.” Widely known for his witty humor, the Berkshire Hathaway legend has shared many investing gems over the years, and there's no argument here that liquor and leverage, especially if combined, can lead to investor pain.

The Curious Case of the Women Factor

Virtus AllianzGI Diversified Income & Convertible Fund

ArrowMark Financial

BlackRock Resources & Commodities Strategy Trust

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Royce Value Trust

LMP Capital and Income Fund

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs To Buy This Month (July 2023)

Delaware Investments

We review CEF market valuation and performance through the second week of June and highlight recent market action. CEFs continued their rally over June, in reversal of the weakness over May. We take a look at whether CEF net income will move back to its previous level once the Fed starts to cut rates.

CEF Weekly Review: Is A Net Income Snap-Back In The Cards For CEFs?

Sprott Focus Trust is a unique closed-end fund with a value-oriented portfolio and a focus on the materials sector. The fund has outperformed its benchmark, the Russell 3000 Index, in the short and long term, but its current discount is not very appealing. Investors should consider FUND for diversification but wait for a better entry point with a wider discount.

Sprott Focus Trust: Interesting Portfolio Offering A Managed ~6% Distribution Rate

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- In the news release “Sprott Focus Trust (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1217 Per Share” issued on June 2, 2023, the ex-dividend date was erroneously stated as June 8, 2023; the correct ex-dividend date is June 9, 2023. Complete corrected text follows.

CORRECTION -- Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1217 Per Share

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1217 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 27, 2023 to stockholders of record at the close of business on June 12, 2023 (ex-dividend on June 8, 2023). The price of shares issued for reinvestment will be determined on June 20, 2023.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1217 Per Share

TORONTO, March 02, 2023 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1254 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 March 24, 2023 to stockholders of record at the close of business on March 13, 2023 (ex-dividend on March 10, 2023). The price of shares issued for reinvestment will be determined on March 17, 2023.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1254 Per Share

The Sprott Focus Trust exhibits outstanding risk attribution metrics. A long-term strategy that invests in undervalued securities could beat the market.

Sprott Focus Trust: An Incredibly Well-Managed Cyclical Fund

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1276 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 22, 2022 to stockholders of record at the close of business on December 12, 2022 (ex-dividend on December 9, 2022). The price of shares issued for reinvestment will be determined on December 15, 2022.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.1276 Per Share

TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1334 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 September 23, 2022 to stockholders of record at the close of business on September 12, 2022 (ex-dividend on September 9, 2022). The price of shares issued for reinvestment will be determined on September 16, 2022.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1334 Per Share

TORONTO, June 01, 2022 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1389 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 24, 2022 to stockholders of record at the close of business on June 13, 2022 (ex-dividend on June 10, 2022). The price of shares issued for reinvestment will be determined on June 17, 2022.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1389 Per Share

TORONTO, March 02, 2022 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1359 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 March 25, 2022 to stockholders of record at the close of business on March 14, 2022 (ex-dividend on March 11, 2022). The price of shares issued for reinvestment will be determined on March 18, 2022.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1359 Per Share

TORONTO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.4107 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, 2021 to stockholders of record at the close of business on December 13, 2021 (ex-dividend on December 10, 2021). The price of shares issued for reinvestment will be determined on December 16, 2021.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.4107 Per Share

TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1252 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 September 24, 2021 to stockholders of record at the close of business on September 13, 2021 (ex-dividend on September 10, 2021). The price of shares issued for reinvestment will be determined on September 17, 2021.

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1252 Per Share

Alpine Global Dynamic Dividend Fund

Alpine Total Dynamic Dividend Fund

Liberty All-Star Growth Fund

BlackRock Taxable Municipal Bond Trust

Calamos Dynamic Convertible & Income Fund

Calamos Convertible Opportunities And Income Fund

China Fund

Calamos Convertible And High Income Fund

Eaton Vance Enhanced Equity Income Fund II

Flaherty & Crumrine Total Return Fund Inc

Gabelli Equity Trust

New Germany Fund

CBRE Global Real Estate Income Fund

Virtus Dividend Interest & Premium Strategy Fund

Virtus AllianzGI Equity & Convertible Income Fund

Cohen And Steers Total Return Realty Fund

Royce Micro-Cap Trust

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns.

5 Best CEFs To Buy This Month (August 2021)

TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1160 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, 2021 to stockholders of record at the close of business on June 14, 2021 (ex-dividend on June 11, 2021). The price of shares issued for reinvestment will be determined on June 18, 2021.

News for Sprott Focus Trust ETF (FUND)