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home / news releases / FUND - Evaluating CEFs: Wait Before Buying FUND

FUND - Evaluating CEFs: Wait Before Buying FUND

Sprott Focus Trust Inc.
  • FUND has an attractive 6.6% yield, but only if it is sustainable.
  • I continue a series where I look beyond the yield of a CEF to determine if it is a good long-term source of income.
  • With a modest upward trend in a very volatile and cyclic NAV, while FUND is covering its distribution, waiting for a better price is the prudent move.

For further details see:

Evaluating CEFs: Wait Before Buying FUND
Stock Information
Company Name: Sprott Focus Trust Inc.
Stock Symbol: FUND
Market: NASDAQ
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