# EDGAR Filing Document

**Accession Number:** 0001728683
**File Stem:** 0001752724-23-017617
**Filing Date:** 2023-1
**Character Count:** 27469
**Document Hash:** b2f31fd5a4efea45e4e0f2b92065cf01
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017617.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017617

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPROTT FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001728683
- **IRS NUMBER:** 824034050
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23382
- **FILM NUMBER:** 23566029

**BUSINESS ADDRESS:**
- **STREET 1:** 1910 PALOMAR POINT WAY
- **STREET 2:** SUITE 200
- **CITY:** CARLSBAD
- **STATE:** CA
- **ZIP:** 92008-5578
- **BUSINESS PHONE:** 760-444-5254

**MAIL ADDRESS:**
- **STREET 1:** 1910 PALOMAR POINT WAY
- **STREET 2:** SUITE 200
- **CITY:** CARLSBAD
- **STATE:** CA
- **ZIP:** 92008-5578

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sprott ETF Trust
- **DATE OF NAME CHANGE:** 20180119

## Series and Classes Contracts Data

### SPROTT URANIUM MINERS ETF (Series ID: S000075060)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000233863 | SPROTT URANIUM MINERS ETF |  |

## Nport-Ex

**Sprott Uranium Miners ETF**

**Schedule of Investments**

**As of November 30, 2022 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **CLOSED END FUND (12.78%)** | **CLOSED END FUND (12.78%)** | **CLOSED END FUND (12.78%)** |
| &nbsp;&nbsp;&nbsp;Sprott Physical Uranium Trust<sup>(a)</sup> | 10106198 | $113822919 |
| **TOTAL CLOSED END FUND** | **TOTAL CLOSED END FUND** | **TOTAL CLOSED END FUND** |
| (Cost $122,098,823) |  | 113822919 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **COMMON STOCKS (87.22%)** | **COMMON STOCKS (87.22%)** | **COMMON STOCKS (87.22%)** |
| ***Coal & Consumable Fuels (78.75%)*** |  |  |
| &nbsp;&nbsp;&nbsp;Alligator Energy, Ltd.<sup>(a)</sup> | 162274709 | 4515892 |
| &nbsp;&nbsp;&nbsp;Appia Rare Earths & Uranium Corp.<sup>(a)</sup> | 10016587 | 2755185 |
| &nbsp;&nbsp;&nbsp;Aura Energy, Ltd.<sup>(a)(b)</sup> | 24963240 | 4574815 |
| &nbsp;&nbsp;&nbsp;Bannerman Energy, Ltd.<sup>(a)(b)</sup> | 7299870 | 8918595 |
| &nbsp;&nbsp;&nbsp;Baselode Energy Corp.<sup>(a)</sup> | 4957920 | 1916603 |
| &nbsp;&nbsp;&nbsp;Berkeley Energia, Ltd.<sup>(a)(b)</sup> | 20485087 | 4629328 |
| &nbsp;&nbsp;&nbsp;Boss Energy, Ltd.<sup>(a)</sup> | 17231053 | 28771052 |
| &nbsp;&nbsp;&nbsp;Cameco Corp. | 5159023 | 125776981 |
| &nbsp;&nbsp;&nbsp;CanAlaska Uranium, Ltd.<sup>(a)</sup> | 7373398 | 2357032 |
| &nbsp;&nbsp;&nbsp;CGN Mining Co., Ltd.<sup>(a)(b)</sup> | 328968100 | 34956506 |
| &nbsp;&nbsp;&nbsp;Deep Yellow, Ltd.<sup>(a)</sup> | 35943658 | 17321657 |
| &nbsp;&nbsp;&nbsp;Denison Mines Corp.<sup>(a)</sup> | 35860870 | 43750261 |
| &nbsp;&nbsp;&nbsp;Elevate Uranium, Ltd.<sup>(a)</sup> | 13536127 | 3766926 |
| &nbsp;&nbsp;&nbsp;Encore Energy Corp.<sup>(a)(b)</sup> | 5227824 | 13447029 |
| &nbsp;&nbsp;&nbsp;Energy Fuels, Inc.<sup>(a)</sup> | 6937917 | 48149144 |
| &nbsp;&nbsp;&nbsp;Fission Uranium Corp.<sup>(a)(b)</sup> | 33306832 | 24017862 |
| &nbsp;&nbsp;&nbsp;Forsys Metals Corp.<sup>(a)(b)</sup> | 9603073 | 3712298 |
| &nbsp;&nbsp;&nbsp;GoviEx Uranium, Inc.<sup>(a)</sup> | 29196049 | 4775029 |
| &nbsp;&nbsp;&nbsp;IsoEnergy, Ltd.<sup>(a)(b)</sup> | 5254456 | 13437407 |
| &nbsp;&nbsp;&nbsp;Laramide Resources, Ltd.<sup>(a)(b)</sup> | 9956929 | 4219195 |
| &nbsp;&nbsp;&nbsp;Mega Uranium, Ltd.<sup>(a)(b)</sup> | 17617974 | 3143377 |
| &nbsp;&nbsp;&nbsp;NAC Kazatomprom JSC, GDR<sup>(c)</sup> | 4512310 | 126795910 |
| &nbsp;&nbsp;&nbsp;NexGen Energy, Ltd.<sup>(a)</sup> | 10734845 | 50883165 |
| &nbsp;&nbsp;&nbsp;Paladin Energy, Ltd.<sup>(a)(b)</sup> | 78448168 | 42064788 |
| &nbsp;&nbsp;&nbsp;Peninsula Energy, Ltd.<sup>(a)(b)</sup> | 49068499 | 4163146 |
| &nbsp;&nbsp;&nbsp;Skyharbour Resources, Ltd.<sup>(a)(b)</sup> | 8318108 | 2597186 |
| &nbsp;&nbsp;&nbsp;Toro Energy, Ltd.<sup>(a)(b)</sup> | 225744313 | 2145130 |
| &nbsp;&nbsp;&nbsp;Uranium Energy Corp.<sup>(a)</sup> | 11640376 | 45164659 |
| &nbsp;&nbsp;&nbsp;Uranium Royalty Corp.<sup>(a)(b)</sup> | 4238173 | 12161728 |
| &nbsp;&nbsp;&nbsp;Ur-Energy, Inc.<sup>(a)</sup> | 10670572 | 14085155 |
| &nbsp;&nbsp;&nbsp;Western Uranium & Vanadium Corp.<sup>(a)(b)</sup> | 2194459 | 2169744 |
| **Total Coal & Consumable Fuels** |  | 701142785 |
| ***Diversified Metals & Mining (4.21%)*** |  |  |
| &nbsp;&nbsp;&nbsp;Consolidated Uranium, Inc.<sup>(a)(b)</sup> | 3644011 | 4578210 |
| &nbsp;&nbsp;&nbsp;Global Atomic Corp.<sup>(a)(b)</sup> | 8758910 | 24613374 |
| &nbsp;&nbsp;&nbsp;Lotus Resources, Ltd.<sup>(a)(b)</sup> | 59421564 | 8268120 |
| **Total Diversified Metals & Mining** |  | 37459704 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| ***Trading Companies & Distributors (4.26%)*** |  |  |
| &nbsp;&nbsp;&nbsp;Yellow Cake PLC<sup>(a)(c)(d)</sup> | 7952563 | $37956068 |
| **TOTAL COMMON STOCKS** | **TOTAL COMMON STOCKS** | **TOTAL COMMON STOCKS** |
| (Cost $889,932,261) |  | 776558557 |

---

---

| | | | |
|:---|:---|:---|:---|
| **7 Day Yield** | **7 Day Yield** | **Shares** | **Value** |
| **SHORT TERM INVESTMENTS (1.63%)** | **SHORT TERM INVESTMENTS (1.63%)** | **SHORT TERM INVESTMENTS (1.63%)** | **SHORT TERM INVESTMENTS (1.63%)** |
| **Money Market Fund (0.01%)** | **Money Market Fund (0.01%)** | | |
| &nbsp;&nbsp;&nbsp;State Street Institutional Treasury Plus Money Market Fund |  |  |  |
| (Cost $90,594) | 3.69% | 90594 | 90594 |
| **Investments Purchased with Collateral from Securities Loaned (1.62%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio, 3.86% |  |  |  |
| (Cost $14,461,444) |  | 14461444 | 14461444 |
| **TOTAL SHORT TERM INVESTMENTS** | **TOTAL SHORT TERM INVESTMENTS** | **TOTAL SHORT TERM INVESTMENTS** | **TOTAL SHORT TERM INVESTMENTS** |
| (Cost $14,552,038) |  |  | 14552038 |
| **TOTAL INVESTMENTS (101.63%)** | **TOTAL INVESTMENTS (101.63%)** | **TOTAL INVESTMENTS (101.63%)** | **TOTAL INVESTMENTS (101.63%)** |
| (Cost $1,026,583,122) |  |  | $904933514 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS (-1.63%)** |  |  | (14592678) |
| **NET ASSETS - 100.00%** |  |  | $890340836 |

---

*<sup>(a)</sup>* *Non-income producing security.*

*<sup>(b)</sup>* *As of November 30, 2022, the security, or a portion of the security position is currently on loan. As of November 30, 2022, the total market value of securities on loan was $22,027,253. The loaned securities were secured with cash collateral of $14,461,444 and non-cash collateral with the value of $9,233,769. The non-cash collateral received consists of common stocks and is held for the benefit of the Fund at the Fund's custodian. The Fund cannot repledge or resell this collateral. Collateral is calculated based on prior day's prices.*

*<sup>(c)</sup>* *Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of November 30, 2022, the market value of those securities was $164,751,978 representing 18.50% of net assets.*

*<sup>(d)</sup>* *Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. As of November 30, 2022, the aggregate market value of those securities was $37,956,068, representing 4.26% of net assets.*

*See Notes to Quarterly Schedule of Investments.*

**Sprott Funds Trust** 

**Notes to Quarterly Schedules of Investments** 

**November 30, 2022 (Unaudited)**

Various inputs are used in determining the value of the Fund's investments as of the end of the reporting period. When inputs used fall into different levels of the fair value hierarchy, the level in the hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The designated input levels are not necessarily an indication of the risk or liquidity associated with these investments.

These inputs are categorized in the following hierarchy under applicable financial accounting standards:

Level 1 – Unadjusted quoted prices in active markets for identical investments, unrestricted assets or liabilities that a Fund has the ability to access at the measurement date;

---

| | |
|:---|:---|
| Level 2 – | Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and |

---

---

| | |
|:---|:---|
| Level 3 – | Significant unobservable prices or inputs (including the Fund's own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date. |

---

The following is a summary of the inputs used to value the Fund's investments at November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Sprott Uranium Miners ETF** | **Sprott Uranium Miners ETF** | **Sprott Uranium Miners ETF** | **Sprott Uranium Miners ETF** | **Sprott Uranium Miners ETF** |
| **Investments in Securities at Value** | **Level 1 - Quoted and<br> Unadjusted Prices** | **Level 2 - Other Significant<br> Observable Inputs** | **Level 3 - Significant <br> Unobservable Inputs** | **Total** |
| Common Stocks<sup>\*</sup> | $776558557 | $– | $– | $776558557 |
| Closed-End Fund<sup>\*</sup> | 113822919 |  |  | 113822919 |
| Short Term Investments | 14552038 | – | – | 14552038 |
| Total | $904933514 | $– | $– | $904933514 |

---

<sup>\*</sup> For a detailed sector breakdown, see the accompanying Schedule of Investments.

There were no transfers out of or into level 3 during the three months ended November 30, 2022.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SPROTT FUNDS TRUST

- **b. Investment Company Act file number:** 811-23382

- **c. CIK number of Registrant:** 0001728683

- **d. LEI of Registrant:** 254900ESM83A3F9BO555

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 BAY STREET SUITE 2600

  - **City:** TORONTO

  - **Zip / Postal Code:** M5J2J1

  - **Telephone number:** 4169438099

**Item A.2. Information about the Series.**

- **a. Name of Series:** Sprott Uranium Miners ETF

- **b. EDGAR series identifier (if any):** S000075060

- **c. LEI of Series:** 254900433LRQ9Q89IY40

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $890941953.68

**Total Liabilities:** $601117.82

**Net Assets:** $890340835.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233863 | -16.37%              | 3.32%                | -0.12%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-18973659.14            | $-149422382.47                             |
| Month 2  | $-3652368.83             | $32438240.30                               |
| Month 3  | $1165835.07              | $-2943336.35                               |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Berkeley Energia Ltd                                       | Berkeley Energia, Ltd.                                                      | CUSIP: N/A<br>LEI: 213800JX3V4TPO7TCJ08       | Long             | EC               | CORP              | AU        |  20485087 | NS      | $4629328.44   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Sprott Physical Uranium Trust                              | Sprott Physical Uranium Trust                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | CA        |  10106198 | NS      | $113822919.15 | 12.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Toro Energy Ltd                                            | Toro Energy, Ltd.                                                           | CUSIP: N/A<br>LEI: 529900SPF8GDHU0H9831       | Long             | EC               | CORP              | AU        | 225744313 | NS      | $2145130.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Isoenergy Ltd                                              | IsoEnergy, Ltd.                                                             | CUSIP: N/A<br>LEI: 5299000RYB4XC9F7VC32       | Long             | EC               | CORP              | CA        |   5254456 | NS      | $13437407.46  | 1.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Forsys Metals Corp                                         | Forsys Metals Corp.                                                         | CUSIP: N/A<br>LEI: 529900IW82S76U8ZO822       | Long             | EC               | CORP              | CA        |   9603073 | NS      | $3712298.23   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Canalaska Uranium Ltd                                      | CanAlaska Uranium, Ltd.                                                     | CUSIP: N/A<br>LEI: 254900J7UJWY3AWJ8D78       | Long             | EC               | CORP              | CA        |   7373398 | NS      | $2357031.66   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Goviex Uranium Inc                                         | GoviEx Uranium, Inc.                                                        | CUSIP: N/A<br>LEI: 5299001I7FX6JUNIPU44       | Long             | EC               | CORP              | CA        |  29196049 | NS      | $4775029.39   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexgen Energy Ltd                                          | NexGen Energy, Ltd.                                                         | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |  10734845 | NS      | $50883165.30  | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Alligator Energy Ltd                                       | Alligator Energy, Ltd.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        | 162274709 | NS      | $4515891.58   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Paladin Energy Ltd                                         | Paladin Energy, Ltd.                                                        | CUSIP: N/A<br>LEI: 549300M44UTJAP8J6B37       | Long             | EC               | CORP              | AU        |  78448168 | NS      | $42064788.38  | 4.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Deep Yellow Ltd                                            | Deep Yellow, Ltd.                                                           | CUSIP: N/A<br>LEI: 529900FL7FGTGTVII319       | Long             | EC               | CORP              | AU        |  35943658 | NS      | $17321656.95  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Royalty Corp                                       | Uranium Royalty Corp.                                                       | CUSIP: N/A<br>LEI: 5493005KEPCD7QSX6305       | Long             | EC               | CORP              | CA        |   4238173 | NS      | $12161727.52  | 1.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Lotus Resources Ltd                                        | Lotus Resources, Ltd.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |  59421564 | NS      | $8268119.61   | 0.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Bannerman Energy Ltd                                       | Bannerman Energy, Ltd.                                                      | CUSIP: N/A<br>LEI: 529900D04RI02L5UK707       | Long             | EC               | CORP              | AU        |   7299870 | NS      | $8918594.99   | 1.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Peninsula Energy Ltd                                       | Peninsula Energy, Ltd.                                                      | CUSIP: N/A<br>LEI: 213800XBLFMYEQENEZ77       | Long             | EC               | CORP              | AU        |  49068499 | NS      | $4163145.58   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Skyharbour Resources Ltd                                   | Skyharbour Resources, Ltd.                                                  | CUSIP: N/A<br>LEI: 549300DKX8CM6RVJBT88       | Long             | EC               | CORP              | CA        |   8318108 | NS      | $2597186.46   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Appia Rare Earths & Uranium Corp                           | Appia Rare Earths & Uranium Corp.                                           | CUSIP: N/A<br>LEI: 549300KCD76O7GC42J82       | Long             | EC               | CORP              | CA        |  10016587 | NS      | $2755185.06   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Energy Corp                                         | Encore Energy Corp.                                                         | CUSIP: N/A<br>LEI: 5299007FNX2NVNJM3O59       | Long             | EC               | CORP              | CA        |   5227824 | NS      | $13447028.99  | 1.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Boss Energy Ltd                                            | Boss Energy, Ltd.                                                           | CUSIP: N/A<br>LEI: 9845000ED0A5F908A057       | Long             | EC               | CORP              | AU        |  17231053 | NS      | $28771051.64  | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevate Uranium Ltd                                        | Elevate Uranium, Ltd.                                                       | CUSIP: N/A<br>LEI: 213800AKEDZ9BBYIRF62       | Long             | EC               | CORP              | AU        |  13536127 | NS      | $3766926.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fission Uranium Corp                                       | Fission Uranium Corp.                                                       | CUSIP: N/A<br>LEI: 529900CBYH3A7AK6P676       | Long             | EC               | CORP              | CA        |  33306832 | NS      | $24017861.98  | 2.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Consolidated Uranium Inc                                   | Consolidated Uranium, Inc.                                                  | CUSIP: N/A<br>LEI: 894500ST0EVGEDVWCU45       | Long             | EC               | CORP              | CA        |   3644011 | NS      | $4578209.56   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Denison Mines Corp                                         | Denison Mines Corp.                                                         | CUSIP: 248356107<br>LEI: 529900JWGSW17LJK6586 | Long             | EC               | CORP              | CA        |  35860870 | NS      | $43750261.40  | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Atomic Corp                                         | Global Atomic Corp.                                                         | CUSIP: N/A<br>LEI: 529900EY4VQEZUOEO166       | Long             | EC               | CORP              | CA        |   8758910 | NS      | $24613373.82  | 2.76%             |  |  |  | No            |                  1 | On Loan: —       |
| Ur-energy Inc                                              | Ur-Energy, Inc.                                                             | CUSIP: 91688R108<br>LEI: 5493004ZEMNWEC7T6X93 | Long             | EC               | CORP              | CA        |  10670572 | NS      | $14085155.04  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Aura Energy Ltd                                            | Aura Energy, Ltd.                                                           | CUSIP: N/A<br>LEI: 5493003D06RIWBKIKA27       | Long             | EC               | CORP              | AU        |  24963240 | NS      | $4574814.91   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Cameco Corp                                                | Cameco Corp.                                                                | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |   5159023 | NS      | $125776980.74 | 14.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Cgn Mining Co Ltd                                          | CGN Mining Co., Ltd.                                                        | CUSIP: N/A<br>LEI: 529900LQYG057CZAZT41       | Long             | EC               | CORP              | KY        | 328968100 | NS      | $34956506.31  | 3.93%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Institutional Treasury Plus Money Market Fund | State Street Institutional Treasury Plus Money Market Fund                  | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |     90594 | NS      | $90593.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Uranium & Vanadium Corp                            | Western Uranium & Vanadium Corp.                                            | CUSIP: N/A<br>LEI: 549300B2LQ6T4OJHXL41       | Long             | EC               | CORP              | CA        |   2194459 | NS      | $2169743.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Uranium Energy Corp                                        | Uranium Energy Corp.                                                        | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |  11640376 | NS      | $45164658.88  | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Baselode Energy Corp                                       | Baselode Energy Corp.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CA        |   4957920 | NS      | $1916602.91   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Yellow Cake Plc                                            | Yellow Cake PLC                                                             | CUSIP: N/A<br>LEI: 213800CVMYUGOA9EZY95       | Long             | EC               | CORP              | JE        |   7952563 | NS      | $37956067.83  | 4.26%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Nac Kazatomprom Jsc                                        | NAC Kazatomprom JSC                                                         | CUSIP: N/A<br>LEI: 5493008JG5TXJP2JSY44       | Long             | EC               | CORP              | KZ        |   4512310 | NS      | $126795911.00 | 14.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Mega Uranium Ltd                                           | Mega Uranium, Ltd.                                                          | CUSIP: N/A<br>LEI: 529900ETMWH20UOMS233       | Long             | EC               | CORP              | CA        |  17617974 | NS      | $3143377.14   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Laramide Resources Ltd                                     | Laramide Resources, Ltd.                                                    | CUSIP: N/A<br>LEI: 2549000L2B3P9LPA0G54       | Long             | EC               | CORP              | CA        |   9956929 | NS      | $4219194.54   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                                        | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels Inc/canada                                    | Energy Fuels, Inc.                                                          | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |   6937917 | NS      | $48149143.98  | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** SPROTT FUNDS TRUST

**Signature:** Thomas W. Ulrich

**Name of Signer:** Thomas W. Ulrich

**Title:** Chief Compliance Officer