# EDGAR Filing Document

**Accession Number:** 0001728683
**File Stem:** 0001049169-26-000292
**Filing Date:** 2026-2
**Character Count:** 27231
**Document Hash:** f80b1c2c0bf44a23f3544bf8179a9ba0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-000292.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001049169-26-000292

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20251231

**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:** 26668110

**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 Copper Miners ETF (Series ID: S000084097)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000248362 | Sprott Copper Miners ETF |  |

## 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 Copper Miners ETF

- **b. EDGAR series identifier (if any):** S000084097

- **c. LEI of Series:** 254900I08LCCVB0YYB31

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $97277357.46

**Total Liabilities:** $408366.99

**Net Assets:** $96868990.47

**Cash Not Reported:** $9329.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248362 | 4.18%                | 4.22%                | 16.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16.91                   | $1759038.19                                |
| Month 2  | $-0.15                   | $2364723.68                                |
| Month 3  | $2899308.74              | $7988975.58                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Southern Copper Corp                                       | Southern Copper Corp.                                      | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     29123 | NS      | $4178276.81   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Prospect Resources Ltd                                     | Prospect Resources, Ltd.                                   | CUSIP: N/A<br>LEI: 529900ZNHOOIQ4150U26       | Long             | EC               | CORP              | AU        |    347592 | NS      | $59151.37     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Atex Resources Inc                                         | Atex Resources, Inc.                                       | CUSIP: 04681A105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    158935 | NS      | $383282.83    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Midnight Sun Mining Corp                                   | Midnight Sun Mining Corp.                                  | CUSIP: 598015105<br>LEI: 52990087WPM7KR3D9E07 | Long             | EC               | CORP              | CA        |    123996 | NS      | $121055.44    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mmg Ltd                                                    | MMG, Ltd.                                                  | CUSIP: N/A<br>LEI: 529900XB5IQXFMSWEC48       | Long             | EC               | CORP              | HK        |   2309700 | NS      | $2602704.59   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Aeris Resources Ltd                                        | Aeris Resources, Ltd.                                      | CUSIP: N/A<br>LEI: 25490046Z9WWYJ493G64       | Long             | EC               | CORP              | AU        |    440173 | NS      | $176250.15    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Faraday Copper Corp                                        | Faraday Copper Corp.                                       | CUSIP: 307357103<br>LEI: 529900BNJJ4FLFL93V78 | Long             | EC               | CORP              | CA        |    124783 | NS      | $248193.21    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Resources Inc                                      | Solaris Resources, Inc.                                    | CUSIP: 83419D201<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     61991 | NS      | $496813.23    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                                         | Teck Resources, Ltd.                                       | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    193520 | NS      | $9267672.80   | 9.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Hot Chili Ltd                                              | Hot Chili, Ltd.                                            | CUSIP: N/A<br>LEI: 9845007FT8E8DX691A24       | Long             | EC               | CORP              | AU        |     91585 | NS      | $84955.99     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Aic Mines Ltd                                              | AIC Mines, Ltd.                                            | CUSIP: N/A<br>LEI: 5299003P1FAL4U4Y9G52       | Long             | EC               | CORP              | AU        |    374990 | NS      | $147647.65    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hercules Metals Corp                                       | Hercules Metals Corp.                                      | CUSIP: 427086103<br>LEI: 894500C6CSRIL3D6RX81 | Long             | EC               | CORP              | CA        |    149302 | NS      | $80495.05     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillgrove Resources Ltd                                    | Hillgrove Resources, Ltd.                                  | CUSIP: N/A<br>LEI: 529900VI6PCB2BOUYX69       | Long             | EC               | CORP              | AU        |   1479153 | NS      | $45407.31     | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Caravel Minerals Ltd                                       | Caravel Minerals, Ltd.                                     | CUSIP: N/A<br>LEI: 529900JWBM9WU7W4D979       | Long             | EC               | CORP              | AU        |    269148 | NS      | $52986.84     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kghm Polska Miedz Sa                                       | KGHM Polska Miedz SA                                       | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |     66178 | NS      | $5176262.51   | 5.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Gruvaktiebolaget Viscaria                                  | Gruvaktiebolaget Viscaria                                  | CUSIP: N/A<br>LEI: 5299004NWV90GIWSWQ04       | Long             | EC               | CORP              | SE        |    126805 | NS      | $268306.24    | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| Gladiator Metals Corp                                      | Gladiator Metals Corp.                                     | CUSIP: 37653W101<br>LEI: 894500V12H7OJ1X30T50 | Long             | EC               | CORP              | CA        |     31755 | NS      | $26143.42     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Solgold Plc                                                | SolGold PLC                                                | CUSIP: N/A<br>LEI: 213800HGFADQBMIEVI76       | Long             | EC               | CORP              | GB        |    958467 | NS      | $356581.19    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnaby Resources Ltd                                      | Carnaby Resources, Ltd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    137791 | NS      | $41379.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Philex Mining Corp                                         | Philex Mining Corp.                                        | CUSIP: N/A<br>LEI: 2549003WBGIWUSNRZX59       | Long             | EC               | CORP              | PH        |   1145600 | NS      | $192775.08    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-mcmoran Inc                                       | Freeport-McMoRan, Inc.                                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    463457 | NS      | $23538981.03  | 24.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp                                         | Lundin Mining Corp.                                        | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    209536 | NS      | $4503524.10   | 4.65%             |  |  |  | No            |                  1 | On Loan: —       |
| Fitzroy Minerals Inc                                       | Fitzroy Minerals, Inc.                                     | CUSIP: 33827E101<br>LEI: 549300J0KOF4B3IF5I53 | Long             | EC               | CORP              | CA        |     90802 | NS      | $31754.73     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ero Copper Corp                                            | ERO Copper Corp.                                           | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |     45666 | NS      | $1291891.14   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Osisko Metals Inc                                          | Osisko Metals, Inc.                                        | CUSIP: 688274109<br>LEI: 5493003KCD875ELH4484 | Long             | EC               | CORP              | CA        |    330525 | NS      | $183016.28    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyprium Metals Ltd                                         | Cyprium Metals, Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    136436 | NS      | $49167.44     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                                 | First Quantum Minerals, Ltd.                               | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    171821 | NS      | $4606763.18   | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Trilogy Metals Inc                                         | Trilogy Metals, Inc.                                       | CUSIP: 89621C105<br>LEI: 52990084YC9OR0TUH237 | Long             | EC               | CORP              | CA        |     80424 | NS      | $346627.44    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Los Andes Copper Ltd                                       | Los Andes Copper, Ltd.                                     | CUSIP: 544312200<br>LEI: 529900KB4NEC2LETLR81 | Long             | EC               | CORP              | CA        |      6216 | NS      | $41664.93     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Physical Copper Trust                               | Sprott Physical Copper Trust                               | CUSIP: 85210C100<br>LEI: 254900RKXCDDVDQAV844 | Long             | EC               | CORP              | CA        |    397714 | NS      | $4498145.34   | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Msci India Etf                                     | iShares MSCI India ETF                                     | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Long             | EC               | RF                | US        |     14596 | NS      | $788913.80    | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Blue Moon Metals Inc                                       | Blue Moon Metals, Inc.                                     | CUSIP: 09570Q509<br>LEI: 254900CUYCO1Z90SIR42 | Long             | EC               | CORP              | CA        |     38458 | NS      | $134493.02    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Asia Metals Plc                                    | Central Asia Metals PLC                                    | CUSIP: N/A<br>LEI: 213800EYQBJZIT64NH43       | Long             | EC               | CORP              | GB        |     94883 | NS      | $240446.49    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Electric Inc / Us                                  | Ivanhoe Electric, Inc. / US                                | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58799 | NS      | $939608.02    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Regulus Resources Inc                                      | Regulus Resources, Inc.                                    | CUSIP: 75915M107<br>LEI: 529900VQYPDBLVK5DL14 | Long             | EC               | CORP              | CA        |     61201 | NS      | $164534.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ngex Minerals Ltd                                          | NGEx Minerals, Ltd.                                        | CUSIP: 62930A102<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |     82881 | NS      | $1545847.95   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Taseko Mines Ltd                                           | Taseko Mines, Ltd.                                         | CUSIP: 876511106<br>LEI: 549300XKUO1JSLU7KX54 | Long             | EC               | CORP              | CA        |    188301 | NS      | $1065783.66   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Consolidated Mining & Development Corp               | Atlas Consolidated Mining & Development Corp.              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PH        |    727000 | NS      | $74513.41     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Jinchuan Group International Resources Co Ltd              | Jinchuan Group International Resources Co., Ltd.           | CUSIP: N/A<br>LEI: 254900RWLOXOMORJEB03       | Long             | EC               | CORP              | KY        |    987700 | NS      | $81222.20     | 0.08%             |  |  |  | No            |                  3 | On Loan: —       |
| 29metals Ltd                                               | 29Metals, Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    334537 | NS      | $128370.98    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Antofagasta Plc                                            | Antofagasta PLC                                            | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    201499 | NS      | $8906078.17   | 9.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Minera Cerro Verde Saa                            | Sociedad Minera Cerro Verde SAA                            | CUSIP: P87175108<br>LEI: 5493002F857O2TX7EU13 | Long             | EC               | CORP              | PE        |      7736 | NS      | $379064.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| 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        |    643443 | NS      | $643443.18    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Amarc Resources Ltd                                        | Amarc Resources, Ltd.                                      | CUSIP: 022912109<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     81385 | NS      | $80047.90     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd                                          | Ivanhoe Mines, Ltd.                                        | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    378995 | NS      | $4310307.06   | 4.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Minsur Sa                                                  | Minsur SA                                                  | CUSIP: N/A<br>LEI: 254900C69MVC7SXO2G61       | Long             | EC               | CORP              | PE        |    529411 | NS      | $856861.10    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldebaran Resources Inc                                    | Aldebaran Resources, Inc.                                  | CUSIP: 01408J104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     69994 | NS      | $187153.82    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Atalaya Mining Copper Sa                                   | ATALAYA MINING COPPER SA                                   | CUSIP: N/A<br>LEI: 549300QNQPXVRXGXOX56       | Long             | EC               | CORP              | CY        |     40017 | NS      | $461193.13    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Firefly Metals Ltd                                         | FireFly Metals, Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    396173 | NS      | $552568.35    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc                                        | Hudbay Minerals, Inc.                                      | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    229906 | NS      | $4563634.10   | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Marimaca Copper Corp                                       | Marimaca Copper Corp.                                      | CUSIP: 56783M106<br>LEI: 254900ZZYV59162NO535 | Long             | EC               | CORP              | CA        |     34397 | NS      | $278925.07    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerigo Resources Ltd                                      | Amerigo Resources, Ltd.                                    | CUSIP: 03074G109<br>LEI: 5299000WW697YX8VQX13 | Long             | EC               | CORP              | CA        |     67533 | NS      | $223379.71    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Koryx Copper Inc                                           | Koryx Copper, Inc.                                         | CUSIP: 50067J202<br>LEI: 5299009R3L9MUZJYRA88 | Long             | EC               | CORP              | CA        |     56413 | NS      | $98231.08     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                                       | Capstone Copper Corp.                                      | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    389813 | NS      | $3913608.35   | 4.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Sociedad Punta Del Cobre Sa                                | Sociedad Punta del Cobre SA                                | CUSIP: N/A<br>LEI: 549300ZP01O6KMY1HI09       | Long             | EC               | CORP              | CL        |     18073 | NS      | $251522.14    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| 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      |
| Sterling Metals Corp                                       | Sterling Metals Corp.                                      | CUSIP: 85941M880<br>LEI: 529900B3US2MNJRY1524 | Long             | EC               | CORP              | CA        |     20324 | NS      | $27541.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gunnison Copper Corp                                       | Gunnison Copper Corp.                                      | CUSIP: 402880108<br>LEI: 529900D3J6SRW92GKY67 | Long             | EC               | CORP              | CA        |    147001 | NS      | $44982.27     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| King Copper Discovery Corp                                 | King Copper Discovery Corp.                                | CUSIP: 494726102<br>LEI: 8945000VED5UFTAFEA34 | Long             | EC               | CORP              | CA        |    164738 | NS      | $114022.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Arizona Sonoran Copper Co Inc                              | Arizona Sonoran Copper Co., Inc.                           | CUSIP: 04058Q105<br>LEI: 549300C8J16JPSINEM53 | Long             | EC               | CORP              | CA        |     81319 | NS      | $283199.02    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Metals Corp                                       | Imperial Metals Corp.                                      | CUSIP: 452892102<br>LEI: 549300WQSPLDYCC4Z755 | Long             | EC               | CORP              | CA        |     44380 | NS      | $323339.77    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cygnus Metals Ltd                                          | Cygnus Metals, Ltd.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    373509 | NS      | $44867.14     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandfire Resources Ltd                                     | Sandfire Resources, Ltd.                                   | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |    187177 | NS      | $2238439.36   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| China Daye Non-ferrous Metals Mining Ltd                   | China Daye Non-Ferrous Metals Mining, Ltd.                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |   3411200 | NS      | $45145.46     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** SPROTT FUNDS TRUST

**Signature:** Thomas W. Ulrich

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

**Title:** Chief Compliance Officer