Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.1911 Per Share
Rhea-AI Summary
Sprott Focus Trust (Nasdaq:FUND) declared a quarterly common stock distribution of $0.1911 per share, payable December 29, 2025 to holders of record at the close of business on December 12, 2025 (ex-dividend December 12, 2025). Shareholders may elect cash or additional shares; reinvestment share price will be set on December 19, 2025.
The Fund maintains a Distribution Policy that targets an annual rate of 6% of the rolling average of the prior four quarter-end NAVs; the fourth quarter distribution is the greater of 1.50% of the rolling average or the IRS minimum. The Fund reports this quarter's distribution as 100% return of capital (estimate).
Positive
- Declared quarterly distribution of $0.1911 per share payable Dec 29, 2025
- Shareholders may elect cash or reinvestment; reinvest price set on Dec 19, 2025
- Fund policy targets 6% annual rate on rolling four-quarter average NAV
- 5-year average annual NAV total return of 12.49% (through 11/30/2025)
Negative
- Fourth-quarter distribution is estimated as 100% return of capital
- Distributions and source amounts are estimates and not final tax figures
- Annualized current distribution rate of 7.97% of NAV may reflect payout pressure
Insights
FUND declared a quarterly distribution of
The Fund pays a quarterly distribution that holders may elect to receive in cash or reinvested shares; the reinvestment price will be set on
Key dependencies and risks include the evolving composition of distribution sources and tax reporting: the Fund reports that 2025 year-to-date distributions through
TORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of
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
The Fund’s estimated sources of the distribution to be paid on December 29, 2025 and for 2025 year-to-date are as follows:
Estimated Allocations as of November 30, 2025
| Distribution Per Share | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||
| FUND | ||||||
Estimated Allocations for 2025 through November 30, 2025
| Distribution Per Share | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||
| FUND | ||||||
You should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s Distribution Policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Fund Performance and Distribution Rate Information
| Average Annual Total Return (in relation to NAV for the 5-year period ending on 11/30/2025)1 | Annualized Current Distribution Rate (expressed as a percentage of NAV as of 11/30/2025)2 | Cumulative total return (in relation to NAV for the fiscal year through 11/30/2025)3 | Cumulative fiscal year Distribution Rate (as a percentage of NAV as of 11/30/2025)4 | |||||
| FUND | ||||||||
1 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 November 30, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
2 The Annualized Current Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of November 30, 2025.
3 Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2024 to November 30, 2025, assuming reinvestment of distributions paid.
4 The Cumulative Fiscal Year Distribution Rate is the dollar value of distributions for the fiscal year period (January 1, 2025 to November 30, 2025), as a percentage of the Fund’s NAV as of November 30, 2025.
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
For further information on the Fund, please visit our web site at: www.sprottfocustrust.com. An investor should consider investment objectives, risks, charges and expenses carefully before investing. The Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. The Fund trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
Suite 230 | 320 Post Road | Darien, Connecticut | USA 06820 | (203) 636-0977 | www.sprott.com
| Contact: | Glen Williams |
| (416) 943-4394 |
FAQ
What amount did Sprott Focus Trust (FUND) declare for the fourth-quarter 2025 distribution?
What is the record and ex-dividend date for FUND's Dec 2025 distribution?
Can FUND shareholders receive the Dec 29, 2025 distribution in shares instead of cash?
How is FUND's distribution policy structured and what annual rate does it target?
What portion of the fourth-quarter 2025 distribution for FUND is return of capital?
What were FUND's year-to-date 2025 distribution sources through Nov 30, 2025?
