Royce Focus Trust, Inc. Declares Fourth Quarter Common Stock Distribution, Payable on December 27, 2013
December 03, 2013 at 12:05 pm EST
Share
Royce Focus Trust, Inc. has declared a quarterly distribution of $0.11 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 27, 2013 to stockholders of record at the close of business on December 13, 2013 (ex-dividend on December 11, 2013).
Sprott Focus Trust, Inc. (the Fund) is a Canada-based diversified closed-end investment company. The Fund's primary investment objective is long-term capital growth. The Fund normally invests at least 65% of its assets in equity securities. The Fund may invest up to 35% of its assets in direct obligations of the United States Government or its agencies and in the non-convertible preferred stocks and debt securities of domestic and foreign companies. The Fund invests a portion of its assets in securities of foreign issuers. The Fund invests in small-cap companies with significant business activities in the United States. The Fund invests in various sectors, including materials, financial services, energy, real estate, consumer discretionary, technology, industrials, consumer staples, and cash and cash equivalents. The Fund's investment adviser is Sprott Asset Management LP. The Fund's sub-adviser is Sprott Asset Management USA Inc.
SPROTT FOCUS TRUST, INC. 
