Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1335 Per Share
TORONTO, March 03, 2026 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1335 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 27, 2026 to stockholders of record at the close of business on March 13, 2026 (ex-dividend on March 13, 2026). The price of shares issued for reinvestment will be determined on March 20, 2026.
The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of 1.50% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Fund’s Board of Directors.
The Fund’s estimated sources of the distribution to be paid on March 27, 2026 and for 2026 year-to-date are as follows:
Estimated Allocations as of February 28, 2026
| Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Gains |
Net Realized Long-Term Gains |
Return of Capital | |
| FUND | $0.1335 |
$ 0.0416 (31.16%) | $ 0.0000 (0.00%) | $ 0.0919 (68.84%) | $ 0.0000 (0.00%) |
Estimated Allocations for 2026 through February 28, 2026
| Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Gains |
Net Realized Long-Term Gains |
Return of Capital | |
| FUND | $0.1335 |
$ 0.0416 (31.16%) | $ 0.0000 (0.00%) | $ 0.0919 (68.84%) | $ 0.0000 (0.00%) |
Fund Performance and Distribution Rate Information
| Average Annual Total Return (in relation to NAV for the 5-year period ending on 02/28/2026)
1
|
Annualized Current Distribution Rate (expressed as a percentage of NAV as of 02/28/2026)
2
|
Cumulative total return (in relation to NAV for the fiscal year through 02/28/2026)
3
|
Cumulative fiscal year Distribution Rate (as a percentage of NAV as of 02/28/2026)
4
|
|
| FUND | 13.71% |
4.73% |
17.38% |
1.18% |
About Sprott Focus Trust, Inc.
Sprott Focus Trust, Inc. is a closed-end diversified investment management company whose shares of Common Stock are listed and traded on the Nasdaq Global Select Market. 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.
| Contact: | Glen Williams |
| (416) 943-4394 |
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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