# EDGAR Filing Document

**Accession Number:** 0001728683
**File Stem:** 0001049169-26-001613
**Filing Date:** 2026-6
**Character Count:** 50995
**Document Hash:** 3a89746e44f0dba321d964028f4bfd9a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-001613.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001049169-26-001613

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPROTT FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001728683

**ORGANIZATION NAME:**
- **EIN:** 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:** 261052415

**BUSINESS ADDRESS:**
- **STREET 1:** 320 POST ROAD, SUITE 230
- **STREET 2:** SUITE 200
- **CITY:** DARIEN
- **STATE:** CT
- **ZIP:** 06820
- **BUSINESS PHONE:** (203) 656-2400

**MAIL ADDRESS:**
- **STREET 1:** 320 POST ROAD, SUITE 230
- **STREET 2:** SUITE 200
- **CITY:** DARIEN
- **STATE:** CT
- **ZIP:** 06820

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

## Series and Classes Contracts Data

### Sprott Critical Materials ETF (Series ID: S000078980)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000239800 | Sprott Critical Materials ETF | SETM            |

## 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:** 320 POST ROAD SUITE 230

  - **City:** DARIEN

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06820

  - **Telephone number:** 2036562400

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

- **a. Name of Series:** Sprott Critical Materials ETF

- **b. EDGAR series identifier (if any):** S000078980

- **c. LEI of Series:** 254900P8ZEMYFBUE9512

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $514373169.59

**Total Liabilities:** $293914.13

**Net Assets:** $514079255.46

**Cash Not Reported:** $21109.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000239800 | 22.73%               | 9.10%                | -15.37%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16820.56                | $55878670.99                               |
| Month 2  | $5353534.77              | $44176401.49                               |
| Month 3  | $941797.69               | $-94720744.76                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cgn Mining Co Ltd                                          | CGN Mining Co., Ltd.                                       | CUSIP: N/A<br>LEI: 529900LQYG057CZAZT41       | Long             | EC               | CORP              | KY        |  13105050 | NS      | $6451243.81   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mmg Ltd                                                    | MMG, Ltd.                                                  | CUSIP: N/A<br>LEI: 529900XB5IQXFMSWEC48       | Long             | EC               | CORP              | HK        |   2909920 | NS      | $2679388.67   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ganfeng Lithium Group Co Ltd                               | Ganfeng Lithium Group Co., Ltd.                            | CUSIP: N/A<br>LEI: 3003006BE6UOHWEOOR42       | Long             | EC               | CORP              | CN        |    927000 | NS      | $8600628.73   | 1.67%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Jinchuan Group International Resources Co Ltd              | Jinchuan Group International Resources Co., Ltd.           | CUSIP: N/A<br>LEI: 254900RWLOXOMORJEB03       | Long             | EC               | CORP              | KY        |    323600 | NS      | $26412.28     | 0.01%             |  |  |  | No            |                  3 | On Loan: —       |
| Syrah Resources Ltd                                        | Syrah Resources, Ltd.                                      | CUSIP: N/A<br>LEI: 254900ZS2VP83B6L6Y30       | N/A              | DE               | CORP              | AU        |   2270644 | NC      | $39165.78     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| 29metals Ltd                                               | 29Metals, Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    382350 | NS      | $91011.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sungeel Hitech Co Ltd                                      | Sungeel Hitech Co., Ltd.                                   | CUSIP: N/A<br>LEI: 9884003F4ARCHRT0IP74       | Long             | EC               | CORP              | KR        |     22464 | NS      | $875592.20    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinjiang Xinxin Mining Industry Co Ltd                     | Xinjiang Xinxin Mining Industry Co., Ltd.                  | CUSIP: N/A<br>LEI: 529900IONU95GT1CFU57       | Long             | EC               | CORP              | CN        |   1489000 | NS      | $389283.53    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Tianqi Lithium Corp                                        | Tianqi Lithium Corp.                                       | CUSIP: N/A<br>LEI: 300300IZ1J0MQ8YVEG66       | Long             | EC               | CORP              | CN        |    422950 | NS      | $2477978.24   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Aic Mines Ltd                                              | AIC Mines, Ltd.                                            | CUSIP: N/A<br>LEI: 5299003P1FAL4U4Y9G52       | Long             | EC               | CORP              | AU        |    455294 | NS      | $160206.39    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Aftermath Silver Ltd                                       | Aftermath Silver, Ltd.                                     | CUSIP: 00831V205<br>LEI: 529900FSCUB83APG5666 | Long             | EC               | CORP              | CA        |    438966 | NS      | $265064.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Battery Technology Co                             | American Battery Technology Co.                            | CUSIP: 02451V309<br>LEI: 529900JBJ8D85CDPHQ69 | Long             | EC               | CORP              | US        |    234756 | NS      | $654969.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Abrasilver Resource Corp                                   | AbraSilver Resource Corp.                                  | CUSIP: 00379L304<br>LEI: 254900WR30BQ8MPSYU80 | Long             | EC               | CORP              | CA        |    266002 | NS      | $2407422.31   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| First Majestic Silver Corp                                 | First Majestic Silver Corp.                                | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |    987419 | NS      | $21209760.12  | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Silver X Mining Corp                                       | Silver X Mining Corp.                                      | CUSIP: 828341107<br>LEI: 894500TOVTJDJJ6WSU81 | Long             | EC               | CORP              | CA        |    470906 | NS      | $250499.92    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Aeris Resources Ltd                                        | Aeris Resources, Ltd.                                      | CUSIP: N/A<br>LEI: 25490046Z9WWYJ493G64       | Long             | EC               | CORP              | AU        |    461364 | NS      | $125735.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                             | Albemarle Corp.                                            | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |    155775 | NS      | $27966285.75  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Aneka Tambang Tbk                                          | Aneka Tambang Tbk                                          | CUSIP: N/A<br>LEI: 529900LRE2NALSSHMB80       | Long             | EC               | CORP              | ID        |  15002900 | NS      | $3089832.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Antofagasta Plc                                            | Antofagasta PLC                                            | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    286351 | NS      | $12609722.80  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Andean Precious Metals Corp                                | Andean Precious Metals Corp.                               | CUSIP: 03349X101<br>LEI: 254900ZH5MOB7VSCSG15 | Long             | EC               | CORP              | CA        |     90668 | NS      | $452981.53    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Aclara Resources Inc                                       | Aclara Resources, Inc.                                     | CUSIP: 00461M103<br>LEI: 549300V8ITKL5RQLZQ44 | Long             | EC               | CORP              | CA        |    365602 | NS      | $877802.23    | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Amerigo Resources Ltd                                      | Amerigo Resources, Ltd.                                    | CUSIP: 03074G109<br>LEI: 5299000WW697YX8VQX13 | Long             | EC               | CORP              | CA        |     94740 | NS      | $342565.02    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| American Rare Earths Ltd                                   | American Rare Earths, Ltd.                                 | CUSIP: N/A<br>LEI: 5299000NZYD6VHPGDR70       | Long             | EC               | CORP              | NZ        |   1622085 | NS      | $352534.73    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Arafura Rare Earths Ltd                                    | Arafura Rare Earths, Ltd.                                  | CUSIP: N/A<br>LEI: 52990098Y7ZDAOS75K52       | Long             | EC               | CORP              | AU        |  15529920 | NS      | $3000163.93   | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| Arizona Sonoran Copper Co Inc                              | Arizona Sonoran Copper Co., Inc.                           | CUSIP: 04058Q105<br>LEI: 549300C8J16JPSINEM53 | Long             | EC               | CORP              | CA        |     64554 | NS      | $324835.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Avino Silver & Gold Mines Ltd                              | Avino Silver & Gold Mines, Ltd.                            | CUSIP: 053906103<br>LEI: 549300DZZNDMPML1VJ37 | Long             | EC               | CORP              | CA        |    440870 | NS      | $2786298.40   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Strategic Materials Ltd                         | Australian Strategic Materials, Ltd.                       | CUSIP: N/A<br>LEI: 529900Q6OL8ZSIFGTI23       | Long             | EC               | CORP              | AU        |   1127478 | NS      | $1073507.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Atex Resources Inc                                         | Atex Resources, Inc.                                       | CUSIP: 04681A105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    125820 | NS      | $290332.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Atalaya Mining Copper Sa                                   | ATALAYA MINING COPPER SA                                   | CUSIP: N/A<br>LEI: 549300QNQPXVRXGXOX56       | Long             | EC               | CORP              | CY        |     63274 | NS      | $593779.99    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Aya Gold & Silver Inc                                      | Aya Gold & Silver, Inc.                                    | CUSIP: 05466C109<br>LEI: 549300BWX8KJOTUL4M51 | Long             | EC               | CORP              | CA        |    477093 | NS      | $7277631.70   | 1.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Bannerman Energy Ltd                                       | Bannerman Energy, Ltd.                                     | CUSIP: N/A<br>LEI: 529900D04RI02L5UK707       | Long             | EC               | CORP              | AU        |    310525 | NS      | $782000.75    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Boss Energy Ltd                                            | Boss Energy, Ltd.                                          | CUSIP: N/A<br>LEI: 9845000ED0A5F908A057       | Long             | EC               | CORP              | AU        |   1508298 | NS      | $1586991.99   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackrock Silver Corp                                      | Blackrock Silver Corp.                                     | CUSIP: 09261Q107<br>LEI: 529900EI75MCI5GL7914 | Long             | EC               | CORP              | CA        |    511550 | NS      | $492758.97    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Brazilian Rare Earths Ltd                                  | Brazilian Rare Earths, Ltd.                                | CUSIP: N/A<br>LEI: 9845008972A00C4E4C60       | Long             | EC               | CORP              | AU        |    288134 | NS      | $854831.86    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia De Minas Buenaventura Saa                              | Cia de Minas Buenaventura SAA                              | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |    135444 | NS      | $4881401.76   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Asia Metals Plc                                    | Central Asia Metals PLC                                    | CUSIP: N/A<br>LEI: 213800EYQBJZIT64NH43       | Long             | EC               | CORP              | GB        |     83324 | NS      | $178223.71    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                                | Cameco Corp.                                               | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    228464 | NS      | $24813475.04  | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Canada Nickel Co Inc                                       | Canada Nickel Co., Inc.                                    | CUSIP: 13515Q103<br>LEI: 98450085D4996CQE9B17 | Long             | EC               | CORP              | CA        |    353950 | NS      | $407102.29    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Critical Metals Corp                                       | Critical Metals Corp.                                      | CUSIP: G2662B103<br>LEI: 984500158752F66VAE27 | Long             | EC               | CORP              | VG        |    195238 | NS      | $1550189.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Capstone Copper Corp                                       | Capstone Copper Corp.                                      | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    593362 | NS      | $4474421.23   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Lithium Ltd                                           | Core Lithium, Ltd.                                         | CUSIP: N/A<br>LEI: 529900FYS46XFGQKWI31       | Long             | EC               | CORP              | AU        |   4716668 | NS      | $797295.16    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Denison Mines Corp                                         | Denison Mines Corp.                                        | CUSIP: 248356107<br>LEI: 529900JWGSW17LJK6586 | Long             | EC               | CORP              | CA        |   3369525 | NS      | $11894423.25  | 2.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Deep Yellow Ltd                                            | Deep Yellow, Ltd.                                          | CUSIP: N/A<br>LEI: 529900FL7FGTGTVII319       | Long             | EC               | CORP              | AU        |   1321719 | NS      | $1591300.87   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Elevra Lithium Ltd                                         | Elevra Lithium, Ltd.                                       | CUSIP: N/A<br>LEI: 5299007N8RQDP4IN4F31       | Long             | EC               | CORP              | AU        |    642239 | NS      | $3704423.99   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Eramet Sa                                                  | Eramet SA                                                  | CUSIP: N/A<br>LEI: 549300LUH78PG2MP6N64       | Long             | EC               | CORP              | FR        |     28297 | NS      | $1651715.87   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Ero Copper Corp                                            | ERO Copper Corp.                                           | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |     62659 | NS      | $1669735.55   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Energy Corp                                         | Encore Energy Corp.                                        | CUSIP: 29259W700<br>LEI: 5299007FNX2NVNJM3O59 | Long             | EC               | CORP              | CA        |    703294 | NS      | $1274028.38   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| European Lithium Ltd                                       | European Lithium, Ltd.                                     | CUSIP: N/A<br>LEI: 529900CXY50A8Q4OBQ93       | Long             | EC               | CORP              | AU        |   3538114 | NS      | $512635.71    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp                                      | Endeavour Silver Corp.                                     | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |    574815 | NS      | $5351527.65   | 1.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Freeport-mcmoran Inc                                       | Freeport-McMoRan, Inc.                                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    470798 | NS      | $27673506.44  | 5.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Faraday Copper Corp                                        | Faraday Copper Corp.                                       | CUSIP: 307357103<br>LEI: 529900BNJJ4FLFL93V78 | Long             | EC               | CORP              | CA        |     99122 | NS      | $299268.49    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Firefly Metals Ltd                                         | FireFly Metals, Ltd.                                       | CUSIP: N/A<br>LEI: 529900XFOBB3CJ170E75       | Long             | EC               | CORP              | AU        |    314753 | NS      | $377865.17    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                                 | First Quantum Minerals, Ltd.                               | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    460517 | NS      | $11010563.88  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Atomic Corp                                         | Global Atomic Corp.                                        | CUSIP: 37957M106<br>LEI: 529900EY4VQEZUOEO166 | Long             | EC               | CORP              | CA        |    814792 | NS      | $468574.22    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Graphite One Inc                                           | Graphite One, Inc.                                         | CUSIP: 38871F102<br>LEI: 549300C8OM1HYYGOV659 | Long             | EC               | CORP              | CA        |    237394 | NS      | $209901.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Guanajuato Silver Co Ltd                                   | Guanajuato Silver Co., Ltd.                                | CUSIP: 40066W106<br>LEI: 549300C1VGZKX7N1GH74 | Long             | EC               | CORP              | CA        |   1335006 | NS      | $585402.67    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Hudbay Minerals Inc                                        | Hudbay Minerals, Inc.                                      | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    209790 | NS      | $4384611.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindustan Copper Ltd                                       | Hindustan Copper, Ltd.                                     | CUSIP: N/A<br>LEI: 33580013OQMTB8N3IV37       | Long             | EC               | CORP              | IN        |    290126 | NS      | $1387178.44   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Ivanhoe Electric Inc / Us                                  | Ivanhoe Electric, Inc. / US                                | CUSIP: 46578C108<br>LEI: 529900CQSYGI54GDUR52 | Long             | EC               | CORP              | US        |     46962 | NS      | $555090.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Igo Ltd                                                    | IGO, Ltd.                                                  | CUSIP: N/A<br>LEI: 2549005DZO8VGXM5QN07       | Long             | EC               | CORP              | AU        |   2161704 | NS      | $11708024.40  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Metals Corp                                       | Imperial Metals Corp.                                      | CUSIP: 452892102<br>LEI: 549300WQSPLDYCC4Z755 | Long             | EC               | CORP              | CA        |     39550 | NS      | $220906.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Iluka Resources Ltd                                        | Iluka Resources, Ltd.                                      | CUSIP: N/A<br>LEI: 2549009N2Y1F4YNB0955       | Long             | EC               | CORP              | AU        |   1765497 | NS      | $8039492.89   | 1.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Vale Indonesia Tbk Pt                                      | Vale Indonesia Tbk PT                                      | CUSIP: N/A<br>LEI: 5299002HHYBH7C6WBQ62       | Long             | EC               | CORP              | ID        |   7893050 | NS      | $2484793.17   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Ioneer Ltd                                                 | ioneer, Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   4741652 | NS      | $425295.48    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Isoenergy Ltd                                              | IsoEnergy, Ltd.                                            | CUSIP: 46500E867<br>LEI: 5299000RYB4XC9F7VC32 | Long             | EC               | CORP              | CA        |     73607 | NS      | $779934.71    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd                                          | Ivanhoe Mines, Ltd.                                        | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    300794 | NS      | $2570944.33   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Jupiter Mines Ltd                                          | Jupiter Mines, Ltd.                                        | CUSIP: N/A<br>LEI: 254900OFKP9ZQXBCHE19       | Long             | EC               | CORP              | AU        |   4689041 | NS      | $841153.22    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nac Kazatomprom Jsc                                        | NAC Kazatomprom JSC                                        | CUSIP: 63253R201<br>LEI: 5493008JG5TXJP2JSY44 | Long             | EC               | CORP              | KZ        |    366084 | NS      | $28554552.00  | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kghm Polska Miedz Sa                                       | KGHM Polska Miedz SA                                       | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |     88163 | NS      | $6362498.71   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Kootenay Silver Inc                                        | Kootenay Silver, Inc.                                      | CUSIP: 500583836<br>LEI: 529900HM3U0AXDDZPG82 | Long             | EC               | CORP              | CA        |    156833 | NS      | $166855.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithium Americas Corp                                      | Lithium Americas Corp.                                     | CUSIP: 53681J103<br>LEI: 529900Q9ENG7EHHZ5R75 | Long             | EC               | CORP              | CA        |    543839 | NS      | $2148164.05   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Lithium Argentina Ag                                       | Lithium Argentina AG                                       | CUSIP: H5012F103<br>LEI: 25490091H0GF6CS01G98 | Long             | EC               | CORP              | CH        |    270926 | NS      | $1809785.68   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindian Resources Ltd                                      | Lindian Resources, Ltd.                                    | CUSIP: N/A<br>LEI: 984500CHDBDE3657BC83       | Long             | EC               | CORP              | AU        |   6268159 | NS      | $3827374.96   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Lake Resources Nl                                          | Lake Resources NL                                          | CUSIP: N/A<br>LEI: 529900M65BIM9RDPDF56       | Long             | EC               | CORP              | AU        |   4449958 | NS      | $227198.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Leo Lithium Ltd                                            | Leo Lithium, Ltd.                                          | CUSIP: N/A<br>LEI: 984500LD0A57A68EZ677       | Long             | EC               | CORP              | AU        |     23792 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Lotus Resources Ltd                                        | Lotus Resources, Ltd.                                      | CUSIP: N/A<br>LEI: 984500AB0D982CDB3754       | Long             | EC               | CORP              | AU        |    396528 | NS      | $348820.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Liontown Ltd                                               | Liontown, Ltd.                                             | CUSIP: N/A<br>LEI: 529900LT0V2IEL7WZY56       | Long             | EC               | CORP              | AU        |   8380281 | NS      | $9829359.93   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp                                         | Lundin Mining Corp.                                        | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    538228 | NS      | $13421845.53  | 2.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Lynas Rare Earths Ltd                                      | Lynas Rare Earths, Ltd.                                    | CUSIP: N/A<br>LEI: 529900SGT9M1FJPXXI35       | Long             | EC               | CORP              | AU        |   2132991 | NS      | $27902626.89  | 5.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifezone Metals Ltd                                        | Lifezone Metals, Ltd.                                      | CUSIP: G5568L109<br>LEI: N/A                  | Long             | EC               | CORP              | IM        |     83370 | NS      | $280123.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Merdeka Battery Materials Tbk Pt                           | Merdeka Battery Materials Tbk PT                           | CUSIP: N/A<br>LEI: 98450009A36V139E4C79       | Long             | EC               | CORP              | ID        |  71134600 | NS      | $3055591.99   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Meteoric Resources Nl                                      | Meteoric Resources NL                                      | CUSIP: N/A<br>LEI: 5299009OXXZHFU8BYE49       | Long             | EC               | CORP              | AU        |  12917549 | NS      | $1470556.78   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Minsur Sa                                                  | Minsur SA                                                  | CUSIP: N/A<br>LEI: 254900C69MVC7SXO2G61       | Long             | EC               | CORP              | PE        |    480415 | NS      | $883547.23    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mkango Resources Ltd                                       | Mkango Resources, Ltd.                                     | CUSIP: 60686A409<br>LEI: 213800RPILRWRUYNTS85 | Long             | EC               | CORP              | CA        |   1164272 | NS      | $594834.01    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Midnight Sun Mining Corp                                   | Midnight Sun Mining Corp.                                  | CUSIP: 598015105<br>LEI: 52990087WPM7KR3D9E07 | Long             | EC               | CORP              | CA        |     98822 | NS      | $88798.43     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Moil Ltd                                                   | MOIL, Ltd.                                                 | CUSIP: N/A<br>LEI: 335800KIMZB1TBYBFI12       | Long             | EC               | CORP              | IN        |    225908 | NS      | $674636.63    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Mp Materials Corp                                          | MP Materials Corp.                                         | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    326964 | NS      | $15779282.64  | 3.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Niocorp Developments Ltd                                   | NioCorp Developments, Ltd.                                 | CUSIP: 654484609<br>LEI: 5299001QL26XJPOD3A17 | Long             | EC               | CORP              | CA        |    583898 | NS      | $2604185.08   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Trimegah Bangun Persada Tbk Pt                             | Trimegah Bangun Persada Tbk PT                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |  21364800 | NS      | $1364018.24   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| New Pacific Metals Corp                                    | New Pacific Metals Corp.                                   | CUSIP: 64782A107<br>LEI: 549300TC0CSHP59S8103 | Long             | EC               | CORP              | CA        |    202842 | NS      | $839765.88    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Ngex Minerals Ltd                                          | NGEx Minerals, Ltd.                                        | CUSIP: 62930A102<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |     65933 | NS      | $1199126.52   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Nickel Industries Ltd                                      | Nickel Industries, Ltd.                                    | CUSIP: N/A<br>LEI: 54930007K0WX53TSIK16       | Long             | EC               | CORP              | AU        |   4473527 | NS      | $2731562.05   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Pam Mineral Tbk Pt                                         | Pam Mineral Tbk PT                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |  10571000 | NS      | $503840.07    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna Mining Inc                                           | Magna Mining, Inc.                                         | CUSIP: 55925F102<br>LEI: 391200LYB0MF13ZWII58 | Long             | EC               | CORP              | CA        |    365507 | NS      | $599062.58    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Nouveau Monde Graphite Inc                                 | Nouveau Monde Graphite, Inc.                               | CUSIP: 66979W842<br>LEI: 549300JDLMT728W4PV57 | Long             | EC               | CORP              | CA        |    146212 | NS      | $327514.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Minerals Ltd/australia                            | Northern Minerals, Ltd.                                    | CUSIP: N/A<br>LEI: 529900P1SN3GV8TH5097       | Long             | EC               | CORP              | AU        |  35012327 | NS      | $579762.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexgen Energy Ltd                                          | NexGen Energy, Ltd.                                        | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |   1092703 | NS      | $12675354.80  | 2.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Paladin Energy Ltd                                         | Paladin Energy, Ltd.                                       | CUSIP: N/A<br>LEI: 549300M44UTJAP8J6B37       | Long             | EC               | CORP              | AU        |   1795010 | NS      | $13685065.68  | 2.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Peninsula Energy Ltd                                       | Peninsula Energy, Ltd.                                     | CUSIP: N/A<br>LEI: 213800XBLFMYEQENEZ77       | Long             | EC               | CORP              | AU        |   1224131 | NS      | $548983.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Pls Group Ltd                                              | PLS Group, Ltd.                                            | CUSIP: N/A<br>LEI: 5299000VV1CZVF5K9C16       | Long             | EC               | CORP              | AU        |   7621234 | NS      | $26922351.68  | 5.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pmet Resources Inc                                         | PMET Resources, Inc.                                       | CUSIP: N/A<br>LEI: 529900XDIJAIG9QO0I38       | Long             | EC               | CORP              | CA        |   1079281 | NS      | $342539.06    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pensana Plc                                                | Pensana PLC                                                | CUSIP: N/A<br>LEI: 213800H4QP6T9499RU64       | Long             | EC               | CORP              | GB        |    991934 | NS      | $1194753.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Philex Mining Corp                                         | Philex Mining Corp.                                        | CUSIP: N/A<br>LEI: 2549003WBGIWUSNRZX59       | Long             | EC               | CORP              | PH        |   1036200 | NS      | $145153.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rainbow Rare Earths Ltd                                    | Rainbow Rare Earths, Ltd.                                  | CUSIP: N/A<br>LEI: 213800HONYSAXTG6KS11       | Long             | EC               | CORP              | GG        |   1927702 | NS      | $599600.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                                       | Southern Copper Corp.                                      | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     61979 | NS      | $10664106.74  | 2.07%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                                        | SECURITIES LENDING - GENERAL                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandfire Resources Ltd                                     | Sandfire Resources, Ltd.                                   | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |    148417 | NS      | $1641477.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sigma Lithium Corp                                         | Sigma Lithium Corp.                                        | CUSIP: 826599102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    261521 | NS      | $3227169.14   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Lithium Ltd                                       | Standard Lithium, Ltd.                                     | CUSIP: 853606101<br>LEI: 549300LA4BSHAKT4SL33 | Long             | EC               | CORP              | CA        |    461553 | NS      | $1573895.73   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Resources Inc                                      | Solaris Resources, Inc.                                    | CUSIP: 83419D201<br>LEI: 5299009LFMB5N4PVVZ93 | Long             | EC               | CORP              | CA        |     48978 | NS      | $422849.39    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrise Energy Metals Ltd                                  | Sunrise Energy Metals, Ltd.                                | CUSIP: N/A<br>LEI: 529900AYAT2TIC68VA49       | Long             | EC               | CORP              | AU        |    369591 | NS      | $2241444.54   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Silver Mines Ltd                                           | Silver Mines, Ltd.                                         | CUSIP: N/A<br>LEI: 529900TQJSJASG5XNA13       | Long             | EC               | CORP              | AU        |   3873418 | NS      | $467681.46    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Silvercorp Metals Inc                                      | Silvercorp Metals, Inc.                                    | CUSIP: 82835P103<br>LEI: 52990092RT3UCQ7G3177 | Long             | EC               | CORP              | CA        |    504075 | NS      | $5413765.50   | 1.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Syrah Resources Ltd                                        | Syrah Resources, Ltd.                                      | CUSIP: N/A<br>LEI: 254900ZS2VP83B6L6Y30       | Long             | EC               | CORP              | AU        |   2987755 | NS      | $267982.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Teck Resources Ltd                                         | Teck Resources, Ltd.                                       | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    271150 | NS      | $14032012.50  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Taseko Mines Ltd                                           | Taseko Mines, Ltd.                                         | CUSIP: 876511106<br>LEI: 549300XKUO1JSLU7KX54 | Long             | EC               | CORP              | CA        |    279486 | NS      | $1802684.70   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Talon Metals Corp                                          | Talon Metals Corp.                                         | CUSIP: N/A<br>LEI: 9845003F1E9496A9MA60       | Long             | EC               | CORP              | VG        |    183803 | NS      | $832407.03    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Trilogy Metals Inc                                         | Trilogy Metals, Inc.                                       | CUSIP: 89621C105<br>LEI: 52990084YC9OR0TUH237 | Long             | EC               | CORP              | CA        |     64208 | NS      | $230506.72    | 0.04%             |  |  |  | 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        |   1236664 | NS      | $1236663.98   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Energy Corp                                        | Uranium Energy Corp.                                       | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |   1351260 | NS      | $18242010.00  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ur-energy Inc                                              | Ur-Energy, Inc.                                            | CUSIP: 91688R108<br>LEI: 5493004ZEMNWEC7T6X93 | Long             | EC               | CORP              | CA        |   1337587 | NS      | $1993004.63   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Royalty Corp                                       | Uranium Royalty Corp.                                      | CUSIP: 91702V101<br>LEI: 5493005KEPCD7QSX6305 | Long             | EC               | CORP              | CA        |    226635 | NS      | $827217.75    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Americas Gold & Silver Corp                                | Americas Gold & Silver Corp.                               | CUSIP: 03062D803<br>LEI: 5493005AKGOT669Z4P51 | Long             | EC               | CORP              | CA        |    514034 | NS      | $2683257.48   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Unico Silver Ltd                                           | Unico Silver, Ltd.                                         | CUSIP: N/A<br>LEI: 529900XDJQXMOQ7MT398       | Long             | EC               | CORP              | AU        |    987136 | NS      | $412050.17    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Energy Fuels Inc/canada                                    | Energy Fuels, Inc.                                         | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |    450221 | NS      | $8216533.25   | 1.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Gruvaktiebolaget Viscaria                                  | Gruvaktiebolaget Viscaria                                  | CUSIP: N/A<br>LEI: 5299004NWV90GIWSWQ04       | Long             | EC               | CORP              | SE        |    100777 | NS      | $162662.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Energy Resources Ltd                                | Vulcan Energy Resources, Ltd.                              | CUSIP: N/A<br>LEI: 8945006OYFHQ9HE4XE54       | Long             | EC               | CORP              | AU        |    391690 | NS      | $862086.62    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vizsla Silver Corp                                         | Vizsla Silver Corp.                                        | CUSIP: 92859G608<br>LEI: 549300ADJF7HWIEDL366 | Long             | EC               | CORP              | CA        |    625188 | NS      | $2063120.40   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Westwater Resources Inc                                    | Westwater Resources, Inc.                                  | CUSIP: 961684206<br>LEI: 5493006CMF043V56K243 | Long             | EC               | CORP              | US        |    213386 | NS      | $139533.11    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** SPROTT FUNDS TRUST

**Signature:** Thomas W. Ulrich

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

**Title:** Chief Compliance Officer