GlobeNewswire Inc | Sep 2, 2020 04:15PM EDT

September 02, 2020

TORONTO, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the Fund or FUND) has declared a quarterly distribution of $0.1070 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on September 25, 2020 to stockholders of record at the close of business on September 15, 2020 (ex-dividend on September 14, 2020). The price of shares issued for reinvestment will be determined on September 18, 2020.

The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.50% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Funds Board of Directors.

The Funds estimated sources of the distribution to be paid on September 25, 2020 and for 2020 year-to-date are as follows:

Estimated Allocations as of August 31, 2020

Distribution Net Net Realized Net Realized Return of Per Share Investment Short-Term Long-Term Capital Income Gains GainsFUND $0.1070 $ 0.0453 $ 0.0093 (9%) $ 0.0524 (49%) $ 0.0000 (0%) (42%)

Estimated Allocations for 2020 through August 31, 2020

Distribution Net Net Realized Net Realized Return of Per Share Investment Short-Term Long-Term Capital Income Gains GainsFUND $0.3322 $ 0.1406 $ 0.0288 (9%) $ 0.1628 (49%) $ 0.0000 (0%) (42%)

You should not draw any conclusions about the Funds investment performance from the amount of the current distribution or from the terms of the Funds Distribution Policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Funds investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Fund Performance and Distribution Rate Information:

Annualized Current Cumulative total Cumulative fiscal Average Annual Total Distribution return year Distribution Return (in relation to Rate (in relation to Rate (as a NAV for the 5-year period (expressed as NAV for the percentage of NAV ending on 8/31/2020)^1 a percentage fiscal year as of 8/31/2020)^ of NAV through 8/31/ 4 as of 8/31/ 2020)^3 2020)^2FUND 7.56% 5.78% -6.62% 4.48%

1Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five year period ended August 31, 2020. Annual NAV Total Return is the percentage change in the Funds NAV over a year, assuming reinvestment of distributions paid.

2 The annualized Current Distribution Rate is the current fiscal periods distribution rate annualized as a percentage of the Funds NAV as of August 31, 2020.

3 Cumulative Total Return is the percentage change in the Funds NAV from December 31, 2019 to August 31, 2020, assuming reinvestment of distributions paid.

4 The Cumulative Fiscal Year Distribution Rate is the dollar value of distributions for the fiscal year period (January 1, 2020 to August 31, 2020) as a percentage of the Funds NAV as of August 31, 2020.

About Sprott Focus Trust, Inc.

Sprott Focus Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq Global Select Market. The Funds investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities.

For further information on the Fund, please visit our web site at: www.sprottfocustrust.com. An investor should consider investment objectives, risks, charges and expenses carefully before investing. The Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. The Fund trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.

Contact: Glen Williams (416) 943-4394