Sprott Focus Trust Declares $0.1335 Distribution, 68.8% From Long-Term Gains
Sprott Focus Trust declared a first-quarter common stock distribution of $0.1335 per share payable March 27, 2026 to holders of record on March 13, electable in cash or stock, with reinvestment price set March 20. The payout derives 31.16% from net investment income and 68.84% from net realized long-term gains.
1. Distribution Details
Sprott Focus Trust declared a distribution of $0.1335 per common share payable March 27, 2026 to stockholders of record at the close of business on March 13, 2026. Stockholders may elect to receive the distribution in cash or reinvest in additional shares, with the share price for reinvestment determined on March 20.
2. Policy and Allocation
The Fund maintains a distribution policy targeting an annual rate of 6% of the rolling average of the prior four quarter-end NAVs, subject to Board discretion. For this quarter, the $0.1335 distribution comprises 31.16% net investment income and 68.84% net realized long-term gains, with no short-term gains or return of capital.
3. Performance Metrics
As of February 28, 2026, the Fund’s five-year average annual NAV total return is 13.71%, the annualized current distribution rate is 4.73% of NAV, the cumulative total return for the fiscal year-to-date is 17.38%, and the cumulative fiscal year distribution rate is 1.18% of NAV.