Sprott Focus Trust Inc FUND

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Sprott Focus Trust, Inc.

The label

Accumulation

read at $10.12

Sprott Focus Trust Inc holds its Accumulation at $10.12.

PHPhase · the trend structure carries the Accumulation label
INInsiders · insiders bought, latest filing 2026-06-29
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · does not pass the values gate

edge confirmed
edge broken
edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-06-14
Phase	Accumulation
Quantitative state	The statistical read favours the sellers, held for 269 days
Price	$10.12
Valuation	5.53 trailing · N/A forward price to earnings
Values screen	FAIL · score 30.0
Beta	0.89

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E	5.5x very cheap relative to earnings
Revenue growth	3.8% slow but positive growth
Profit margin	646.0% highly profitable on every dollar of sales
Return on equity	20.1% an exceptional return on shareholder capital
Beta	0.89 steadier than the market
Market cap	$303M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Canada and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

The trader read · the latest dated commentary

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 43%. Our forward projection puts the odds of a 10% gain over the next month near 12%. Insiders have been net buyers over the past quarter. Entered 2026-07-30 · Distribution

The dated journal · newest first, never edited

2026-07-30 Distribution $10.12 +0.0% Entry 4

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 43%. Our forward projection puts the odds of a 10% gain over the next month near 12%. Insiders have been net buyers over the past quarter.

2026-07-18 Distribution $10.12 +0.0% Entry 3

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 43%. Our forward projection puts the odds of a 10% gain over the next month near 12%.

2026-07-03 Distribution $10.12 +0.0% Entry 2

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Distribution $10.12 Entry 1

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · FUND
Date	Insider	Title	Type	Shares	Value
2026-06-29	George W Whitney	Senior Portfolio Manager, 10%	Purchase	88,058	$1

Public filings, recorded as found. The full tape lives at Insider Intelligence.

The political ledger · congressional disclosures

Disclosures naming FUND
Date	Politician	Party	Type	Amount
7 Feb2025	Tim Walberg	Republican	buy	1K–15K
4 Nov2025	Tim Sheehy	Republican	sell	50K–100K
30 Jun2026	Sheri Biggs	Republican	buy	1K–15K
29 May2026	Max Miller	Republican	sell	15K–50K
28 Apr2026	Scott Peters	Democrat	buy	500K–1M

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
Period	Price then	Price return	Divs per share	$1,000 became	Total return
1 month	$10.31	-2.5%	·	$975	-2.5%
2 months	$9.89	+1.6%	·	$1,016	+1.6%
3 months	$9.58	+5.0%	$0.13	$1,064	+6.4%
6 months	$8.60	+16.9%	$0.33	$1,207	+20.7%
1 year	$7.01	+43.4%	$0.58	$1,517	+51.7%
2 years	$6.63	+51.6%	$1.19	$1,695	+69.5%
3 years	$6.48	+55.1%	$1.57	$1,792	+79.2%
5 years	$6.26	+60.6%	$3.00	$2,085	+108.5%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever FUND does next, these words stay.

Sprott Focus Trust Inc · FUND · Accumulation · $10.12
Recorded 2026-06-14 · before the outcome · scored mechanically

All of today's entries See the running score

Sprott Focus Trust Inc FUND

This entry now belongs to the ledger. Whatever FUND does next, these words stay.

Before you go