Sprott Focus Trust: Widening Discount And Differentiated Portfolio
Sprott(SII) Seeking Alpha·2024-06-23 12:00
D3DamonWritten by Nick Ackerman, co-produced by Stanford Chemist The closed-end fund Sprott Focus Trust (NASDAQ:FUND) (MUTF:XFUNX) hasn't performed very well since our prior update. The fund's discount at that time, while at a double-digit discount, didn't translate into a relatively attractive valuation. Some of the weaker performance was due specifically to the discount widening since our last update, but the portfolio mix was also the culprit. As a portfolio that carries meaningful weight to material ...