TORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or the “FUND”) announced a quarterly distribution of $0.1911 per share of its common stock. The distribution, which may elect to be paid in additional shares of common stock or in cash at the option of specific shareholders, is payable on December 29, 2025 to shareholders of record as of the close of business on December 12, 2025 (excluding dividends on December 12, 2025). The price of shares issued for reinvestment will be determined on December 19, 2025.
The Fund has now adopted a Quarterly Distribution Policy on its shares of Common Stock. Distributions are made at an annual rate of 6% of the rolling average of net assets at the end of the preceding four calendar quarters (“NAV”), 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 distribution sources payable on December 29, 2025 and for 2025 year-to-date are as follows:
Estimated appropriations as of November 30, 2025
| Distribution Per share |
Net Investment Income |
Pure implementation Short term benefits |
Pure implementation Long term benefits |
Return of capital | ||
| FUND | $0.1911 | $0.0000 (0.00%) | $0.0000 (0.00%) | $0.1911 (100.00%) | $0.0000 (0.00%) | |
Estimated appropriations for the period from 2025 to November 30, 2025.
| Distribution Per share |
Net Investment Income |
Pure implementation Short term benefits |
Pure implementation Long term benefits |
Return of capital | ||
| FUND | $0.5770 | $0.2249 (38.98%) | $0.0061 (1.06%) | $0.3460 (59.96%) | $0.0000 (0.00%) | |
You should not draw any conclusions about the Fund's investment performance based on the amount of the current distribution or the terms of the Fund's Distribution Policy. The amounts and sources of payments set forth herein are estimates only and are not provided for tax reporting purposes. The actual amounts and sources of amounts for tax reporting purposes will depend on the Fund's investment experience during the remainder of the fiscal year and are subject to change based on tax laws. The Fund will send you Form 1099-DIV for the calendar year, which will tell you how to report these distributions for federal income tax purposes.
Information about fund performance and distribution rates
| Average annual total return (relative to net asset value for the 5-year period ending 11/30/2025)1 | Annual current Distribution speed (expressed as percentage of net worth as of 11/30/2025)2 |
Total Total Income (in relation to net asset value for the financial year to 11/30/2025)3 |
Cumulative Fiscal Year Distribution Ratio (as a percentage of net worth) as of 11/30/2025)4 |
|||||
| FUND | 12.49% | 7.97% | 20.63% | 6.02% | ||||
1 Average Annual Total Return to NAV is the compound average of the Fund's annual total return to NAV for the five-year period ended November 30, 2025. Annual total return NAV represents the percentage change in the Fund's net asset value for the year, assuming reinvestment of distributions paid.
2 The annual current distribution rate is the distribution rate for the current fiscal period, expressed annually as a percentage of the Fund's net asset value as of November 30, 2025.
3Total cumulative return is the percentage change in the fund's net asset value since December 31, 2024. until November 30, 2025, subject to reinvestment of dividends paid.
4 The aggregate distribution rate for a fiscal year is the dollar value of distributions for the fiscal year period (January 1, 2025 through November 30, 2025) as a percentage of the Fund's net asset value as of November 30, 2025..
About Sprott Focus Trust, Inc.
Sprott Focus Trust, Inc. is a closely held, diversified investment management company whose common stock is listed and traded on the Nasdaq Global Select Market. The Fund's investment objective is long-term capital growth, which it achieves by generally investing at least 65% of its assets in equity securities.
For more information about the Foundation, visit our website at: www.sprottfocustrust.com. An investor should consider the investment objectives, risks, charges and expenses carefully before investing. The Fund is a closed-end fund, and closed-end funds do not continually issue shares for sale the way open-end mutual funds do. The fund trades on the secondary market. Investors wishing to buy or sell shares must place orders through an intermediary or broker.
Suite 230 | 320 Post Road | Darien, CT | USA 06820 | (203) 636-0977 | www.sprott.com
| Contact: | Glen Williams |
| (416) 943-4394 |






