Sprott Focus Trust Inc Aktie News

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1286 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 March 28, 2024 to stockholders of record at the close of business on March ...

Sprott Focus Trust has a unique tilt towards the materials sector, with significant holdings in energy and financial services as well. The fund's discount has widened, making it relatively attractive on a shorter-term relative basis, but on a longer-term basis, it looks to be relatively fairly valued. FUND pays out a quarterly distribution based on 6% of its NAV, with net investment income cove...

TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1270 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 December 28, 2023 to stockholders of record at the close of business on Dece...

The Sprott Focus Trust is an actively managed closed-end fund that invests in stocks through a fundamentals-based approach. The current portfolio is concentrated in sectors like basic materials and energy that have underperformed this year. A widening discount to the fund's net asset value may add to risks for FUND into 2024.

Closed-End Funds: Revisiting Valuations As We End Q3 2023

TORONTO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1238 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 September 29, 2023 to stockholders of record at the close of business on Se...

Charlie Munger has famously said: “there is only three ways a smart person can go broke: liquor, ladies and leverage.” Widely known for his witty humor, the Berkshire Hathaway legend has shared many investing gems over the years, and there's no argument here that liquor and leverage, especially if combined, can lead to investor pain.

We review CEF market valuation and performance through the second week of June and highlight recent market action. CEFs continued their rally over June, in reversal of the weakness over May. We take a look at whether CEF net income will move back to its previous level once the Fed starts to cut rates.