FUND

    During Wednesday's morning trading, 251 companies set new 52-week highs.

  This morning 792 companies reached new 52-week highs.

Sprott Focus Trust (FUND) declares $0.1044/share quarterly dividend, -51.4% decrease from prior dividend of $0.2150.Forward yield 5.41%Payable March 26; for shareholders of record March 15; ex-div March 12.See FUND Dividend

Sprott Focus Trust (FUND) declares $0.215/share quarterly dividend, 100.9% increase from prior dividend of $0.107.Forward yield 12.46%Payable Dec. 23; for shareholders of record Dec. 15; ex-div Dec. 14.See FUND Dividend

Sprott Focus Trust (FUND) board authorized and approved a share repurchase program for up to $50M purchase price of the currently outstanding shares through 2021.Under the share repurchase program, the fund

Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy.Recent volatility has already caused some CEFs to lower their distributions as a result of the March drawdown, causing their discounts to widen relative to their sectors.Tactically, we like ERC and ERH here as they should see a rise in distributions in Q2, accompanied by a reversal of their recent discount underperformance.We would also tactically tilt away from RIV and OPP whose distributions will likely shift lower at the start of the year, assuming the funds retain the current MDP.

22 out of 23 CEF sectors positive on price and 17 out of 23 sectors positive on NAV last week.Markets rebound, led by commodities.MLPs are the highest-yielding CEF sector.

Sprott Focus Trust (FUND) declares $0.107/share quarterly dividend, -2.1% decrease from prior dividend of $0.109.Forward yield 6.72%Payable Sept. 25; for shareholders of record Sept. 15; ex-div Sept. 14.See FUND Dividend