Sprott Focus Trust (FUND) N-CSRS1 Sep 23Certified semi-annual shareholder report (management investment company)Financial data

Company Profile

N-2

N-2		6 Months Ended
N-2	Jun. 30, 2023 $ / shares shares	Jun. 30, 2023 $ / shares
Cover [Abstract]
Entity Central Index Key		0000825202
Amendment Flag		false
Document Type		N-CSRS
Entity Registrant Name		SPROTT FOCUS TRUST, INC.
General Description of Registrant [Abstract]
Risk Factors [Table Text Block]		3. RISKS A. Common Stock The Fund invests a significant amount of assets in common stock. The value of common stock held by the Fund will fluctuate, sometimes rapidly and unpredictably, due to general market and economic conditions, perceptions regarding the industries in which the issuers of common stock held by the Fund participate or factors relating to specific companies in which the Fund invests. B. Repurchase Agreements The Fund may enter into repurchase agreements with institutions that the Fund’s investment adviser has determined are creditworthy. The Fund restricts repurchase agreements to maturities of no more than seven days. Securities pledged as collateral for repurchase agreements, which are held until maturity of the repurchase agreements, are marked-to-market daily and maintained at a value at least equal to the principal amount of the repurchase agreement (including accrued interest). Repurchase agreements could involve certain risks in the event of default or insolvency of the counter-party, including possible delays or restrictions upon the ability of the Fund to dispose of its underlying securities. The maturity associated with these securities is considered continuous. C. Foreign Currency The Fund does not isolate the portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Net realized foreign exchange gains or losses arise from sales and maturities of short-term securities, sales of foreign currencies, expiration of currency forward contracts, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund’s books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains and losses arise from changes in the value of assets and liabilities, including investments in securities at the end of the reporting period, as a result of changes in foreign currency exchange rates. D. Metals and Mining Industry Risk Companies in the metals and mining industry are susceptible to fluctuations in worldwide metal prices and extraction and production costs. In addition, metals and mining companies may have significant operations in areas at risk for social and political unrest, security concerns and environmental damage. These companies may also be at risk for increased government regulation and intervention. Such risks may adversely affect the issuers to which the Fund has exposure.
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Capital Stock [Table Text Block]		6. Capital Stock The Fund issued 501,844 and 889,667 shares of Common Stock as reinvestments of distributions for the six months ended June 30, 2023 and year ended December 31, 2022, respectively. On June 9, 2023, the Board of Directors authorized the Fund to repurchase 5% of shares of the Fund until June 30, 2024. Any such repurchase would take place at the prevailing prices in the open market or in other transactions. The following table summarizes the Fund’s share repurchases under its share repurchase program for the period ended June 30, 2023 and the year ended December 31, 2022, respectively: For period For year ended Dollar amount repurchased $ 6,057,870 $ 4,934,619 Shares repurchased 730,884 563,212 Average price per share (including commission) $8.21 $8.68 Weighted average discount to NAV 5.74% 5.09%
Document Period End Date		Jun. 30, 2023
Common Stock [Member]
General Description of Registrant [Abstract]
Risk [Text Block]		A. Common Stock The Fund invests a significant amount of assets in common stock. The value of common stock held by the Fund will fluctuate, sometimes rapidly and unpredictably, due to general market and economic conditions, perceptions regarding the industries in which the issuers of common stock held by the Fund participate or factors relating to specific companies in which the Fund invests.
Repurchase Agreements [Member]
General Description of Registrant [Abstract]
Risk [Text Block]		B. Repurchase Agreements The Fund may enter into repurchase agreements with institutions that the Fund’s investment adviser has determined are creditworthy. The Fund restricts repurchase agreements to maturities of no more than seven days. Securities pledged as collateral for repurchase agreements, which are held until maturity of the repurchase agreements, are marked-to-market daily and maintained at a value at least equal to the principal amount of the repurchase agreement (including accrued interest). Repurchase agreements could involve certain risks in the event of default or insolvency of the counter-party, including possible delays or restrictions upon the ability of the Fund to dispose of its underlying securities. The maturity associated with these securities is considered continuous.
Foreign Currency [Member]
General Description of Registrant [Abstract]
Risk [Text Block]		C. Foreign Currency The Fund does not isolate the portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Net realized foreign exchange gains or losses arise from sales and maturities of short-term securities, sales of foreign currencies, expiration of currency forward contracts, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund’s books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains and losses arise from changes in the value of assets and liabilities, including investments in securities at the end of the reporting period, as a result of changes in foreign currency exchange rates.
Metals and Mining Industry Risk [Member]
General Description of Registrant [Abstract]
Risk [Text Block]		D. Metals and Mining Industry Risk Companies in the metals and mining industry are susceptible to fluctuations in worldwide metal prices and extraction and production costs. In addition, metals and mining companies may have significant operations in areas at risk for social and political unrest, security concerns and environmental damage. These companies may also be at risk for increased government regulation and intervention. Such risks may adversely affect the issuers to which the Fund has exposure.
Common Shares [Member]
General Description of Registrant [Abstract]
NAV Per Share \| $ / shares	$ 8.50	$ 8.50
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Outstanding Security, Authorized [Shares]	150,000,000
Outstanding Security, Not Held [Shares]	29,711,725