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Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1335 Per Share

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1335 Per Share

FinvizFinviz2026/03/03 22:06
By:Finviz

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%
         

Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five year period ended February 28, 2026. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

The Annualized Current Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of February 28, 2026.

Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2025 to February 28, 2026, assuming reinvestment of distributions paid.

The Cumulative Fiscal Year Distribution Rate is the dollar value of distributions for the fiscal year period (January 1, 2026 to February 28, 2026), as a percentage of the Fund’s NAV as of February 28, 2026.

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

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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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