Sprott Focus Trust, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 09, 2021 at 02:40 am IST
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Sprott Focus Trust, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 6.769 million. Net income was USD 13.420 million.
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. 