Market priceShare price
$9.70
-0.61% ($-0.06)
NAVAsset value per share
$10.95
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
11.42% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
6.20%
regular, annualised · on NAV 5.49%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:40 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 26, 2026. 31 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Top 10 holdings
| # | Security | Type | Country | Weight | Value (USD) |
|---|---|---|---|---|---|
| 1 | Fixed Income Clearing Corp. | Repo | United States | 9.34% | $29.3M |
| 2 | Cal-Maine Foods Inc | Equity | United States | 4.75% | $14.9M |
| 3 | Reliance Inc | Equity | United States | 4.65% | $14.6M |
| 4 | CF Industries Holdings Inc | Equity | United States | 4.49% | $14.1M |
| 5 | Nucor Corp | Equity | United States | 4.47% | $14M |
| 6 | Federated Hermes Inc | Equity | United States | 4.40% | $13.8M |
| 7 | Exxon Mobil Corp | Equity | United States | 4.36% | $13.7M |
| 8 | Steel Dynamics Inc | Equity | United States | 4.32% | $13.5M |
| 9 | Major Drilling Group International Inc | Equity | Canada | 4.13% | $13M |
| 10 | Helmerich & Payne Inc | Equity | United States | 4.12% | $12.9M |
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Equity (common) | 90.13% | $283M |
| Repurchase agreement | 9.34% | $29.3M |
| Short-term investment vehicle | 0.53% | $1.7M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 68.56% | $215M |
| United Kingdom | 6.25% | $19.6M |
| Bermuda | 3.24% | $10.1M |
| France | 3.11% | $9.8M |
| Canada | 16.18% | $50.7M |
| Curaçao | 1.78% | $5.6M |
| Australia | 0.88% | $2.8M |
Region
| Region | % net assets | Value |
|---|---|---|
| Developed Europe | 9.37% | $29.4M |
| United States | 68.56% | $215M |
| Offshore domiciles | 5.01% | $15.7M |
| Canada | 16.18% | $50.7M |
| Australia & New Zealand | 0.88% | $2.8M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 96.24% | $302M |
| Registered fund | 3.76% | $11.8M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 1 | 90.13% | $283M |
| Level 2 | 9.34% | $29.3M |
| N/A | 0.53% | $1.7M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $314M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 31 positions
| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Fixed Income Clearing Corp. | — | Repo | CORP | United States | 29,288,454 | principal | $29.3M | 9.34% | 2 |
| Cal-Maine Foods Inc | 128030202 | Equity | CORP | United States | 185,000 | shares | $14.9M | 4.75% | 1 |
| Reliance Inc | 759509102 | Equity | CORP | United States | 39,000 | shares | $14.6M | 4.65% | 1 |
| CF Industries Holdings Inc | 125269100 | Equity | CORP | United States | 130,000 | shares | $14.1M | 4.49% | 1 |
| Nucor Corp | 670346105 | Equity | CORP | United States | 63,000 | shares | $14M | 4.47% | 1 |
| Federated Hermes Inc | 314211103 | Equity | CORP | United States | 250,000 | shares | $13.8M | 4.40% | 1 |
| Exxon Mobil Corp | 30231G102 | Equity | CORP | United States | 100,000 | shares | $13.7M | 4.36% | 1 |
| Steel Dynamics Inc | 858119100 | Equity | CORP | United States | 59,000 | shares | $13.5M | 4.32% | 1 |
| Major Drilling Group International Inc | 560909103 | Equity | CORP | Canada | 1,220,000 | shares | $13M | 4.13% | 1 |
| Helmerich & Payne Inc | 423452101 | Equity | CORP | United States | 395,000 | shares | $12.9M | 4.12% | 1 |
| Pason Systems Inc | 702925108 | Equity | CORP | Canada | 1,420,000 | shares | $12.3M | 3.94% | 1 |
| Westlake Corp | 960413102 | Equity | CORP | United States | 160,000 | shares | $11.7M | 3.72% | 1 |
| Clarkson PLC | GB0002018363 | Equity | CORP | United Kingdom | 210,000 | shares | $11.6M | 3.70% | 1 |
| H&R Block Inc | 093671105 | Equity | CORP | United States | 285,000 | shares | $10.9M | 3.46% | 1 |
| ASA Gold and Precious Metals Ltd | BMG3156P1032 | Equity | RF | Bermuda | 195,000 | shares | $10.1M | 3.24% | 1 |
| Buckle Inc/The | 118440106 | Equity | CORP | United States | 235,000 | shares | $9.9M | 3.16% | 1 |
| Societe BIC SA | FR0000120966 | Equity | CORP | France | 150,000 | shares | $9.8M | 3.11% | 1 |
| Agnico Eagle Mines Ltd | 008474108 | Equity | CORP | Canada | 62,500 | shares | $9.7M | 3.09% | 1 |
| Pan American Silver Corp | 697900108 | Equity | CORP | Canada | 210,000 | shares | $9.4M | 3.00% | 1 |
| Artisan Partners Asset Management Inc | 04316A108 | Equity | CORP | United States | 267,500 | shares | $9.2M | 2.95% | 1 |
| Ashmore Group PLC | GB00B132NW22 | Equity | CORP | United Kingdom | 3,000,000 | shares | $8M | 2.55% | 1 |
| Thor Industries Inc | 885160101 | Equity | CORP | United States | 105,000 | shares | $7.9M | 2.52% | 1 |
| FRP Holdings Inc | 30292L107 | Equity | CORP | United States | 270,000 | shares | $6.7M | 2.15% | 1 |
| Marcus & Millichap Inc | 566324109 | Equity | CORP | United States | 210,000 | shares | $6.5M | 2.09% | 1 |
| OR Royalties Inc | 68390D106 | Equity | CORP | Canada | 200,000 | shares | $6.3M | 2.02% | 1 |
| SLB Ltd | 806857108 | Equity | CORP | Curaçao | 120,000 | shares | $5.6M | 1.78% | 1 |
| Gentex Corp | 371901109 | Equity | CORP | United States | 160,000 | shares | $4M | 1.29% | 1 |
| Smart Sand Inc | 83191H107 | Equity | CORP | United States | 750,000 | shares | $3.8M | 1.20% | 1 |
| Champion Iron Ltd | AU000000CIA2 | Equity | CORP | Australia | 1,000,000 | shares | $2.8M | 0.88% | 1 |
| Vishay Intertechnology Inc | 928298108 | Equity | CORP | United States | 35,000 | shares | $1.9M | 0.60% | 1 |
| State Street Global Advisors | 857509301 | Short-term inv. | RF | United States | 1,653,040 | shares | $1.7M | 0.53% | N/A |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 26, 2026 | 31 | 100.0% | $314M | full |
| Mar 31, 2026 | May 19, 2026 | 33 | 100.0% | $325M | full |
| Dec 31, 2025 | Feb 24, 2026 | 34 | 100.0% | $291M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Sprott Focus Trust Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.