Sprott Focus Trust, Inc. (FUND)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD

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Visitors trend2W10W9M

7.59

-0.11

(-1.43%)

At close: 04:00PM EDT

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M
Fund continues to under perform both the Russell 2000 and Mid cap 400 indices. Vsmax is up 33% in the last 6 months while this fund is up on 26% and while 6 months is not enough to judge any fund it comes after 10 years of under performing the indices.

This is a focused fund of 40 select stocks. You expect more. This fund has under performed by 5-6% a year even if you reinvested all distributions.
M
This is a focused fund of small and mid cap stocks. Manager George Whitney worked for a small cap company in Royce where the emphasis is on value. An open ended fund you might compare this to would be Royce Premier. Neuberger Berman focus also but the NB fund holds more large cap stocks.

So the appeal in my view is small cap value exposure in a concentrated portfolio of 44 stocks. This is rare in the closed end universe. Only the 2 Royce funds are true small cap closed end funds. RVT and RMT.

The fund is not heavily leveraged, it held up better than similar funds in the last sell off. Pays a nice 8%+ yield that is very sustainable. In short this should be a core holding in any good closed end portfolio.

Strong buy!
C
Still selling at a around a 10% discount. I am primarily focused on long-term dividends. I am still learning about this kind of inveesting. So far I (2 years) feel good about this investment. My criteria is a CEF that holds the principal fairly well over time but pays a good dividend too. This one is paying around 9% right now.
Bullish
C
Researching more about this CEF I see from their website that their dividend distrubitions normally do not come from return of capital. I am happy with the way this fund is being managed in spite of their challenges last year.
Y
FUND reached an all time low at 2.00
m
I have been watching this. Not "attractive" in some circles - but I like the exposure to smaller stuff and the closed-end aspect. I think the dip it has taken lately has opened a buying chance. Sure, it may fall more. But a 9% discount with a 3% yield (1.8% cost from a recent 4.9% distribution). Like the no/low leveraged part.

I do think there could be a bit more defensive (vs cyclical - 12% to 61%) exposure - but I still like it. bought in at $8.30 with more limit buys every $.10
Y
FUND is up 5.40% to 8.39
B
Looks like a nice little investment....monthly payer as well.
Y
FUND reached a new All Time High at 7.96
Y
FUND reached a new All Time High at 8.06
Y
FUND reached a 52 Week low at 5.38
Y
FUND reached a 52 Week low at 4.00
Y
FUND reached a 52 Week low at 5.82
Y
FUND reached a 52 Week low at 5.82
Y
FUND reached a 52 Week low at 5.38
Y
FUND reached a 52 Week low at 5.59
Y
FUND reached a 52 Week low at 5.59
Y
FUND reached a 52 Week low at 4.00
Y
FUND is up 6.03% to 5.10
Y
FUND is up 7.40% to 5.37