Sprott Focus Trust, Inc.
NASDAQ Global MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Charles Morgan Royce
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 Bay Street Toronto ON Canada M5J 2J1
- IPO Date
- Jun 8, 1988
- CIK
- 0000825202
- Website
- sprottfocustrust.com
- Similar Companies
- Business
- Sprott Focus Trust, Inc. (Nasdaq: FUND) operates as a closed-end management investment company focused on achieving long-term capital growth through a disciplined value-oriented strategy. The fund, managed by veteran portfolio manager Whitney George with support from Sprott Asset Management USA Inc., invests primarily in equity securities of domestic and foreign companies across diversified sectors including materials, energy, financial services, and consumer discretionary; it employs a concentrated portfolio typically comprising fewer than 50 positions in small-, mid-, and large-cap value stocks with strong balance sheets trading at attractive valuations, while allocating up to 35% of assets to U.S. government obligations, preferred stocks, and debt securities. Headquartered in the United States with inception on November 1, 1996, the fund trades on Nasdaq, maintains total net assets of approximately $276 million as of September 30, 2025, and distributes a managed quarterly payout equivalent to 1.50% of trailing net asset value, with the fourth quarter adjusted to meet IRS minimums; geographic exposure encompasses about 65% U.S. investments and 35% non-U.S. holdings. In recent developments, the fund sustains low operating expenses capped at 1.20% of average net assets, benefits from over 50% ownership by Sprott employees, officers, trustees, and manager Whitney George, and continues a share repurchase program implemented in November 2020; portfolio adjustments through mid-2025 reduced holdings to 30 positions from 32 at year-end 2024 amid tactical cash deployment to 4.6%, elevated average market capitalization to $3.2 billion, and shifted emphasis toward international value opportunities like Clarkson PLC and Société BIC, while declaring quarterly common stock distributions including $0.1911 per share for Q4 2025 payable December 29, 2025.
BNY Converts Time-Tested Mutual Fund Into Income ETF
FUND: Value Strategy Has Underperformed Recently, But May Change
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1274 Per Share
FUND: 6% Managed Distribution Policy On A Unique Portfolio
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1280 Per Share
New BNY ETF Uses Large-Cap Growth Strategy
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1305 Per Share
Positive Forecasts for Gold, Silver Despite Dollar Pressure
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.2161 Per Share
BNY Mellon Adds New Value-Oriented ETF
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1301 Per Share
Sprott Focus Trust: Widening Discount And Differentiated Portfolio
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1299 Per Share
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1286 Per Share
FUND: Looking More Tempting As Discount Widens, But Not A Bargain Yet
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.1270 Per Share
FUND CEF: Sector Concentration Adds To Risks Into 2024
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1238 Per Share
The Curious Case of the Women Factor
5 Best CEFs To Buy This Month (July 2023)