Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1503 Per Share
Fund declares a $0.1503 Q3 distribution funded entirely from income and realized gains, alongside strong NAV-based return metrics through August 31, 2026.
Rhea-AI Summary
Sprott Focus Trust (FUND) declared a third-quarter common stock distribution of $0.1503 per share, payable on September 29, 2026 to shareholders of record as of September 15, 2026 (ex-dividend September 15). Stockholders may elect to receive the distribution in cash or additional shares, with reinvestment shares priced on September 22, 2026.
The Fund’s Distribution Policy targets 6% of the rolling average of the prior four quarter-end NAVs, with the fourth-quarter payout at the greater of 1.50% of that average or the IRS minimum. For this distribution, estimated sources are $0.0327 net investment income (21.76%), $0.0011 short-term gains (0.73%) and $0.1165 long-term gains (77.51%), with no return of capital.
Year-to-date through August 31, 2026, distributions total $0.4262 per share, all from income and realized gains. As of August 31, 2026, the Fund reports a 5-year average annual total return on NAV of 13.47%, a current annualized distribution rate of 5.06% of NAV, cumulative total return of 27.21% for the fiscal year to date and a cumulative fiscal-year distribution rate of 3.59% of NAV.
Positive
- Q3 2026 distribution of $0.1503 per share declared, payable September 29, 2026
- Flexible payout structure allows cash or share reinvestment at a price set September 22, 2026
- 6% annual distribution policy based on rolling four-quarter-end NAVs provides a clear payout framework
- Q3 distribution fully covered by income and realized gains, with 0.00% classified as return of capital
- 5-year average annual total return on NAV 13.47% through August 31, 2026
- Fiscal year-to-date NAV total return 27.21% with a 3.59% cumulative fiscal-year distribution rate
Negative
- Annualized current distribution rate 5.06% of NAV is below the stated 6% policy rate, indicating distributions are currently running under the policy target
- 77.51% of the Q3 distribution is sourced from net realized long-term gains, making payouts dependent on continued realization of portfolio gains
- Distribution source figures are estimates and may change for tax purposes, adding uncertainty for tax planning
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, Sept. 02, 2026 (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 September 29, 2026 and for 2026 year-to-date are as follows:
Estimated Allocations as of August 31, 2026
| Distribution Per Share | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||
| FUND | ||||||
Estimated Allocations for 2026 through August 31, 2026
| 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 08/31/2026)1 | Annualized Current Distribution Rate (expressed as a percentage of NAV as of 08/31/2026)2 | Cumulative total return (in relation to NAV for the fiscal year through 08/31/2026)3 | Cumulative fiscal year Distribution Rate (as a percentage of NAV as of 08/31/2026)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 August 31, 2026. 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 August 31, 2026.
3 Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2025 to August 31, 2026, 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, 2026 to August 31, 2026), as a percentage of the Fund’s NAV as of August 31, 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
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
