Sprott Focus Trust, Inc. Declares Distribution for the Third Quarter, Payable on September 28, 2015
September 04, 2015 at 04:01 pm EDT
Share
Sprott Focus Trust, Inc. has declared a quarterly distribution of $0.10 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 28, 2015 to stockholders of record at the close of business on September 15, 2015 (ex-dividend on September 11, 2015).
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. 
