# EDGAR Filing Document

**Accession Number:** 0001728683
**File Stem:** 0001049169-26-001609
**Filing Date:** 2026-6
**Character Count:** 21344
**Document Hash:** 2b1f3dbd00fbed6f725baa84a29523ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-001609.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001049169-26-001609

**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:** 261052411

**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 Gold Equity Fund (Series ID: S000067147)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000216003 | Institutional Class |  |
| C000216004 | Investor Class      |  |

## 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 Gold Equity Fund

- **b. EDGAR series identifier (if any):** S000067147

- **c. LEI of Series:** 5493004WPFQGYKPKXS76

**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:** $1795789602.47

**Total Liabilities:** $2667740.87

**Net Assets:** $1793121861.60

**Cash Not Reported:** $26511662.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216003 | 9.69%                | 20.70%               | -20.27%              |
| Class ID C000216004 | 9.66%                | 20.72%               | -20.29%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $13039153.67             | $160669532.61                              |
| Month 2  | $34322999.56             | $354203132.39                              |
| Month 3  | $59641304.73             | $-516719056.37                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| I-80 Gold Corp                     | i-80 Gold Corp.                              | CUSIP: 44955L155<br>LEI: 549300LFFIWIGUEXPK11 | N/A              | DE               | CORP              | US        |  11300000 | NC      | $10846870.00  | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| I-80 Gold Corp                     | i-80 Gold Corp.                              | CUSIP: 44955LAC0<br>LEI: 549300LFFIWIGUEXPK11 | Long             | DBT              | CORP              | CA        |  18000000 | PA      | $20070000.00  | 1.12%             | 2031-04-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Minera Alamos Inc                  | Minera Alamos, Inc. Warrants 2028 Restricted | CUSIP: 60283L113<br>LEI: 254900I6L38EFNS8Z440 | N/A              | DE               | CORP              | CA        |   2535211 | NC      | $2461948.78   | 0.14%             |  |  |  | Yes           | 2                  | On Loan: No      |
| N/A                                | Sunshine Silver Mining And Refining          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    243691 | NS      | $9747640.00   | 0.54%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                | I-Pulse, Inc.                                | CUSIP: 8AMCS0752<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74532 | NS      | $186330.00    | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                | Gold Bullion International, LLC              | CUSIP: 8AMCS23G8<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   5000000 | NS      | $7150000.00   | 0.40%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                | Tocqueville Bullion Reserve LP - Class G     | CUSIP: 98MSCW0Q9<br>LEI: N/A                  | Long             | EC               | RF                | US        |      7619 | NS      | $32149909.57  | 1.79%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                | Osisko Development Corp. Warrants            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |   1290000 | NC      | $1327410.00   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                | Blue Spark Energy Systems, Inc.              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3727 | NS      | $670.86       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| African Gold Ltd                   | African Gold, Ltd.                           | CUSIP: N/A<br>LEI: 984500E8DA1DE9A0D939       | Long             | EC               | CORP              | AU        |    387746 | NS      | $255486.78    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Barrick Mining Corp                | Barrick Mining Corp.                         | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |   1080333 | NS      | $44149903.71  | 2.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Agnico Eagle Mines Ltd             | Agnico Eagle Mines, Ltd.                     | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |    375650 | NS      | $76250658.11  | 4.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Alamos Gold Inc                    | Alamos Gold, Inc.                            | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |    852700 | NS      | $37885461.00  | 2.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Artemis Gold Inc                   | Artemis Gold, Inc.                           | CUSIP: 04302L100<br>LEI: 529900GXBX7DGL5YMO49 | Long             | EC               | CORP              | CA        |    343600 | NS      | $9324203.87   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Anglogold Ashanti Plc              | Anglogold Ashanti PLC                        | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |    467600 | NS      | $45525536.00  | 2.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Osisko Development Corp            | Osisko Development Corp.                     | CUSIP: 68828E221<br>LEI: 984500A8CC57F67DJ124 | N/A              | DE               | CORP              | CA        |    499999 | NC      | $45826.95     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                | New Found Gold Corp                          | CUSIP: 264901133<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |   1662500 | NC      | $21862.84     | 0.00%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Coeur Mining Inc                   | Coeur Mining, Inc.                           | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |   4524464 | NS      | $84924189.28  | 4.74%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                | Contango ORE, Inc. Warrants                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |    100000 | NC      | $10.00        | 0.00%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Dpm Metals Inc                     | DPM Metals, Inc.                             | CUSIP: 26139R109<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |   2122800 | NS      | $74742825.10  | 4.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Discovery Silver Corp              | Discovery Silver Corp.                       | CUSIP: 254677107<br>LEI: 98450041CCB3E8QD3F53 | Long             | EC               | CORP              | CA        |   5301800 | NS      | $34072383.01  | 1.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Eldorado Gold Corp                 | Eldorado Gold Corp.                          | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |   1128000 | NS      | $38724240.00  | 2.16%             |  |  |  | No            | 1                  | On Loan: —       |
| Emerald Resources Nl               | Emerald Resources NL                         | CUSIP: N/A<br>LEI: 529900V79JFYUE9ZQB09       | Long             | EC               | CORP              | AU        |   9090200 | NS      | $33679486.40  | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Equinox Gold Corp                  | Equinox Gold Corp.                           | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |   3923445 | NS      | $56661641.90  | 3.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Endeavour Silver Corp              | Endeavour Silver Corp.                       | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |   1077200 | NS      | $10028732.00  | 0.56%             |  |  |  | No            | 1                  | On Loan: —       |
| Genesis Minerals Ltd               | Genesis Minerals, Ltd.                       | CUSIP: N/A<br>LEI: 894500AK5BVRCNP0FP48       | Long             | EC               | CORP              | AU        |   6459700 | NS      | $26250971.45  | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| G Mining Ventures Corp             | G Mining Ventures Corp.                      | CUSIP: 36270K102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   2930900 | NS      | $102858556.54 | 5.74%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                | Gold Bullion                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     44454 | NS      | $207512025.34 | 11.57%            |  |  |  | No            | 1                  | On Loan: No      |
| Iamgold Corp                       | IAMGOLD Corp.                                | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |   4609300 | NS      | $86747026.00  | 4.84%             |  |  |  | No            | 1                  | On Loan: No      |
| I-80 Gold Corp                     | i-80 Gold Corp.                              | CUSIP: 44955L106<br>LEI: 549300LFFIWIGUEXPK11 | Long             | EC               | CORP              | CA        |  32476937 | NS      | $49260539.91  | 2.75%             |  |  |  | No            | 1                  | On Loan: —       |
| International Tower Hill Mines Ltd | International Tower Hill Mines, Ltd.         | CUSIP: 46050R102<br>LEI: 529900QWPB33AJTGMU33 | Long             | EC               | CORP              | CA        |   9813665 | NS      | $22715837.32  | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Kinross Gold Corp                  | Kinross Gold Corp.                           | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |   1548200 | NS      | $47251064.00  | 2.64%             |  |  |  | No            | 1                  | On Loan: No      |
| K92 Mining Inc                     | K92 Mining, Inc.                             | CUSIP: 499113108<br>LEI: 254900EA8H0X9FEVZU11 | Long             | EC               | CORP              | CA        |   1051900 | NS      | $17853036.45  | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Lundin Gold Inc                    | Lundin Gold, Inc.                            | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |    316100 | NS      | $24156847.82  | 1.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Minera Alamos Inc                  | Minera Alamos, Inc.                          | CUSIP: 60283L808<br>LEI: 254900I6L38EFNS8Z440 | Long             | EC               | CORP              | CA        |   2535211 | NS      | $11171623.37  | 0.62%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Montage Gold Corp                  | Montage Gold Corp.                           | CUSIP: 61178L101<br>LEI: 9845004C6BCE77ACA795 | Long             | EC               | CORP              | CA        |   3486900 | NS      | $39679122.28  | 2.21%             |  |  |  | No            | 1                  | On Loan: No      |
| New Found Gold Corp                | New Found Gold Corp.                         | CUSIP: 64440N103<br>LEI: 98450056568BF2A90783 | Long             | EC               | CORP              | CA        |   3325000 | NS      | $6214506.51   | 0.35%             |  |  |  | Yes           | 1                  | On Loan: —       |
| Ora Banda Mining Ltd               | Ora Banda Mining, Ltd.                       | CUSIP: N/A<br>LEI: 984500DAD3BDFDHBD844       | Long             | EC               | CORP              | AU        |  22111174 | NS      | $17772784.02  | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Oceanagold Corp                    | OceanaGold Corp.                             | CUSIP: 675222400<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |   2384400 | NS      | $75177761.33  | 4.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Or Royalties Inc                   | OR Royalties, Inc.                           | CUSIP: 68390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |   1250224 | NS      | $47605754.64  | 2.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Pan American Silver Corp           | Pan American Silver Corp.                    | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    489200 | NS      | $26724996.00  | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Perpetua Resources Corp            | Perpetua Resources Corp.                     | CUSIP: 714266103<br>LEI: 529900BQBMS383SEPY05 | Long             | EC               | CORP              | CA        |   1679650 | NS      | $47231758.00  | 2.63%             |  |  |  | No            | 1                  | On Loan: —       |
| Ramelius Resources Ltd             | Ramelius Resources, Ltd.                     | CUSIP: N/A<br>LEI: 254900E44AIGW7KKNR98       | Long             | EC               | CORP              | AU        |  20120645 | NS      | $50947830.90  | 2.84%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                | Mount Vernon Liquid Assets Portfolio, LLC    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Ssr Mining Inc                     | SSR Mining, Inc.                             | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |    390400 | NS      | $11477760.00  | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Treasury Portfolio         | Invesco Treasury Portfolio                   | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |  10153418 | NS      | $10153418.45  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Torex Gold Resources Inc           | Torex Gold Resources, Inc.                   | CUSIP: 891054603<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |    686200 | NS      | $31495845.01  | 1.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Valterra Platinum Ltd              | Valterra Platinum, Ltd.                      | CUSIP: N/A<br>LEI: 529900RORCZ0E5S5FX81       | Long             | EC               | CORP              | ZA        |    484000 | NS      | $39462092.33  | 2.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Vizsla Royalties Corp              | Vizsla Royalties Corp.                       | CUSIP: 92859L201<br>LEI: 98450020ZFM00010C790 | Long             | EC               | CORP              | CA        |    286457 | NS      | $531276.73    | 0.03%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Vizsla Silver Corp                 | Vizsla Silver Corp.                          | CUSIP: 92859G608<br>LEI: 549300ADJF7HWIEDL366 | Long             | EC               | CORP              | CA        |   7563950 | NS      | $25066357.20  | 1.40%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Wesdome Gold Mines Ltd             | Wesdome Gold Mines, Ltd.                     | CUSIP: 95083R100<br>LEI: 254900D63U62QS84H719 | Long             | EC               | CORP              | CA        |   2027000 | NS      | $36194867.37  | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Westgold Resources Ltd             | Westgold Resources, Ltd.                     | CUSIP: N/A<br>LEI: 2549003AMX9BL7CKBQ74       | Long             | EC               | CORP              | AU        |   9021200 | NS      | $36660412.04  | 2.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Wheaton Precious Metals Corp       | Wheaton Precious Metals Corp.                | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    282800 | NS      | $37049628.00  | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |

### 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