Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1280 Per Share

Rhea-AI Summary

Sprott Focus Trust (FUND) has announced a quarterly distribution of $0.1280 per share, payable on June 30, 2025, to stockholders of record as of June 13, 2025. The distribution follows the Fund's policy of paying quarterly distributions at a 6% annual rate based on the rolling average of prior four quarter-end NAVs. The distribution comprises 38.36% from net investment income, 1.64% from short-term gains, and 60% from long-term gains. The Fund reported a 5-year average annual total return of 11.85%, with a current annualized distribution rate of 1.58% of NAV. Year-to-date performance shows a -1.38% cumulative total return, while maintaining a 3.19% cumulative fiscal year distribution rate.

Positive

• Strong 5-year average annual total return of 11.85%
• Quarterly distribution maintained at $0.1280 per share
• Distribution fully covered by investment income and gains (0% return of capital for current distribution)
• Flexible distribution payment options available in cash or additional shares

Negative

• Negative year-to-date performance with -1.38% cumulative total return
• Relatively low current annualized distribution rate of 1.58% compared to the target 6% annual rate
• 8.46% of year-to-date distributions classified as return of capital

TORONTO, June 03, 2025 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1280 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 30, 2025 to stockholders of record at the close of business on June 13, 2025 (ex-dividend on June 13, 2025). The price of shares issued for reinvestment will be determined on June 23, 2025.

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 June 30, 2025 and for 2025 year-to-date are as follows:

Estimated Allocations as of May 31, 2025

	Distribution Per Share	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
FUND	$ 0.1280	$ 0.0491 (38.36%)	$ 0.0021 (1.64%)	$ 0.0768 (60.00%)	$ 0.0000 (0.00%)

Estimated Allocations for 2025 through May 31, 2025

	Distribution Per Share	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
FUND	$ 0.2585	$ 0.0881 (34.08%)	$ 0.0021 (0.81%)	$ 0.1464 (56.65%)	$ 0.0219 (8.46%)

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 05/31/2025)1	Annualized Current Distribution Rate (expressed as a percentage of NAV as of 05/31/2025)2	Cumulative total return (in relation to NAV for the fiscal year through 05/31/2025)3	Cumulative fiscal year Distribution Rate (as a percentage of NAV as of 05/31/2025)4
FUND	11.85%	1.58%	-1.38%	3.19%

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 May 31, 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 May 31, 2025.

³ Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2024 to May 31, 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 May 31, 2025), as a percentage of the Fund’s NAV as of May 31, 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 65% of its assets in equity securities.

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 is the dividend amount for Sprott Focus Trust (FUND) in Q2 2025?

Sprott Focus Trust (FUND) declared a quarterly dividend of $0.1280 per share for Q2 2025.

When is the ex-dividend date for FUND's Q2 2025 distribution?

The ex-dividend date is June 13, 2025, with payment scheduled for June 30, 2025.

What is FUND's distribution policy?

The Fund pays quarterly distributions at an annual rate of 6% based on the rolling average of prior four quarter-end NAVs.

What is Sprott Focus Trust's 5-year performance as of May 2025?

The Fund achieved an average annual total return of 11.85% in relation to NAV for the 5-year period ending May 31, 2025.

How is FUND's Q2 2025 distribution composed?

The distribution comprises 38.36% from net investment income, 1.64% from short-term gains, and 60% from long-term gains.