Sprott Focus Trust, Inc. logo

Sprott Focus Trust, Inc. (FUND)

Market Closed
17 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
9. 92
+0.03
+0.3033%
$
290.19M Market Cap
- Div Yield
14,900 Volume
$ 9.89
Previous Close
Add Transaction
Day Range
9.79 9.92
Year Range
7.5 10.47
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FUND: A Closed-End Fund Where Insiders Have Skin In The Game

FUND: A Closed-End Fund Where Insiders Have Skin In The Game

Sprott Focus Trust is a concentrated CEF with 56% exposure to materials and energy, managed by a team with over 50% insider ownership. FUND has recently outperformed the passive XLB ETF, driven by active stock selection and sector-specific catalysts like the Iran war's impact on chemical producers. The fund trades at an 11% discount to NAV, offers a 6% managed distribution, and maintains attractive portfolio metrics with a P/E of 11.5x and no return of capital.

Seekingalpha | 2 weeks ago