Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1286 Per Share
2024年3月5日 - 7:00AM
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 14, 2024 (ex-dividend on March 13,
2024). The price of shares issued for reinvestment will be
determined on March 21, 2024.
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 6% of the
rolling average of the prior four calendar quarter-end net asset
values (“NAVs”), 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 sources of the distribution
to be paid on March 28, 2024 and for 2024 year-to-date are as
follows:
Estimated Allocations as of February 29,
2024
|
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Gains |
Net Realized Long-Term Gains |
Return of Capital |
FUND |
$0.1286 |
$ 0.0357 (27.75%) |
$ 0.0264 (20.53%) |
$ 0.0328 (25.51%) |
$ 0.0337 (26.21%) |
Estimated Allocations for 2024 through February
29, 2024
|
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Gains |
Net Realized Long-Term Gains |
Return of Capital |
FUND |
$0.1286 |
$ 0.0357 (27.75%) |
$ 0.0264 (20.53%) |
$ 0.0328 (25.51%) |
$ 0.0337 (26.21%) |
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 02/29/2024)1 |
Annualized Current Distribution Rate (expressed as a percentage of
NAV as of 02/29/2024)2 |
Cumulative total return (in relation to NAV for the fiscal year
through 02/29/2024)3 |
Cumulative fiscal year Distribution Rate (as a percentage of NAV as
of 02/29/2024)4 |
FUND |
10.59% |
1.49% |
-3.37% |
1.49% |
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 February 29, 2024. 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 February 29,
2024.
3 Cumulative
Total Return is the percentage change in the Fund’s NAV from
December 31, 2023
to February 29, 2024,
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,
2024 to
February 29, 2024), as a percentage of the
Fund’s NAV as of February 29, 2024.
About Sprott Focus Trust,
Inc.
Sprott Focus Trust, Inc. is a closed-end
diversified management investment 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 65% of its assets in equity
securities.
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
Contact: |
Glen Williams(416) 943-4394 |
Sprott Focus (NASDAQ:FUND)
過去 株価チャート
から 11 2024 まで 12 2024
Sprott Focus (NASDAQ:FUND)
過去 株価チャート
から 12 2023 まで 12 2024