# EDGAR Filing Document

**Accession Number:** 0001728683
**File Stem:** 0001049169-26-000287
**Filing Date:** 2026-2
**Character Count:** 25018
**Document Hash:** 6df6e5833b652e4d5cf67a2ca76b65b5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-000287.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001049169-26-000287

**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:** 26668105

**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 Silver Miners & Physical Silver ETF (Series ID: S000086726)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000252337 | Sprott Silver Miners & Physical Silver ETF | SLVR            |

## 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 Silver Miners & Physical Silver ETF

- **b. EDGAR series identifier (if any):** S000086726

- **c. LEI of Series:** 254900ZUOVNIY50FJ915

**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:** $659319775.69

**Total Liabilities:** $3971502.95

**Net Assets:** $655348272.74

**Cash Not Reported:** $450360.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000252337 | -2.96%               | 19.26%               | 12.89%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9382730.86              | $-25079596.23                              |
| Month 2  | $738726.12               | $72246745.03                               |
| Month 3  | $25523434.84             | $41114711.86                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Silver Storm Mining Ltd          | Silver Storm Mining, Ltd.          | CUSIP: 82825J109<br>LEI: 894500WPVRSDR8BLH071 | Long             | EC               | CORP              | CA        |   9075025 | NS      | $3768725.55   | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| Wheaton Precious Metals Corp     | Wheaton Precious Metals Corp.      | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    262939 | NS      | $30900591.28  | 4.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Silver Viper Minerals Corp       | Silver Viper Minerals Corp.        | CUSIP: 828334409<br>LEI: 2549002690B71OC9TE07 | Long             | EC               | CORP              | CA        |     49585 | NS      | $79838.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Andean Silver Ltd                | Andean Silver, Ltd.                | CUSIP: N/A<br>LEI: 25490044GUNE4S2E6K11       | Long             | EC               | CORP              | AU        |    156377 | NS      | $253591.09    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cerro De Pasco Resources Inc     | Cerro de Pasco Resources, Inc.     | CUSIP: 156828105<br>LEI: 529900WKB2I6AJYVHK72 | Long             | EC               | CORP              | CA        |    414930 | NS      | $148129.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsmen Resources Ltd           | Kingsmen Resources, Ltd.           | CUSIP: 49639T300<br>LEI: 2549005IRR7UHVQKP882 | Long             | EC               | CORP              | CA        |    123090 | NS      | $203573.13    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Avino Silver & Gold Mines Ltd    | Avino Silver & Gold Mines, Ltd.    | CUSIP: 053906103<br>LEI: 549300DZZNDMPML1VJ37 | Long             | EC               | CORP              | CA        |    145523 | NS      | $903697.83    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Aftermath Silver Ltd             | Aftermath Silver, Ltd.             | CUSIP: 00831V205<br>LEI: 529900FSCUB83APG5666 | Long             | EC               | CORP              | CA        |   5985387 | NS      | $4666033.36   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| Endeavour Silver Corp            | Endeavour Silver Corp.             | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |   3825696 | NS      | $35961542.40  | 5.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Triple Flag Precious Metals Corp | Triple Flag Precious Metals Corp.  | CUSIP: 89679M104<br>LEI: 254900R7NJ1TEYIM4E61 | Long             | EC               | CORP              | CA        |    132148 | NS      | $4389956.56   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Eloro Resources Ltd              | Eloro Resources, Ltd.              | CUSIP: 289900300<br>LEI: 529900IQ2C3D5C7VQU46 | Long             | EC               | CORP              | CA        |     97274 | NS      | $199147.53    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Coeur Mining Inc                 | Coeur Mining, Inc.                 | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    391713 | NS      | $6984242.79   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Viscount Mining Corp             | Viscount Mining Corp.              | CUSIP: 92834X106<br>LEI: 52990023EPOSQ3N53608 | Long             | EC               | CORP              | CA        |   3105090 | NS      | $2217032.68   | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Hochschild Mining Plc            | Hochschild Mining PLC              | CUSIP: N/A<br>LEI: 549300JK10TVQ3CCJQ89       | Long             | EC               | CORP              | GB        |    244012 | NS      | $1688977.34   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercorp Metals Inc            | Silvercorp Metals, Inc.            | CUSIP: 82835P103<br>LEI: 52990092RT3UCQ7G3177 | Long             | EC               | CORP              | CA        |   3485438 | NS      | $29068552.92  | 4.44%             |  |  |  | No            |                  1 | On Loan: —       |
| First Majestic Silver Corp       | First Majestic Silver Corp.        | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |   9070155 | NS      | $151108782.30 | 23.06%            |  |  |  | No            |                  1 | On Loan: —       |
| Guanajuato Silver Co Ltd         | Guanajuato Silver Co., Ltd.        | CUSIP: 40066W106<br>LEI: 549300C1VGZKX7N1GH74 | Long             | EC               | CORP              | CA        |  15028074 | NS      | $7335841.74   | 1.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackrock Silver Corp            | Blackrock Silver Corp.             | CUSIP: 09261Q107<br>LEI: 529900EI75MCI5GL7914 | Long             | EC               | CORP              | CA        |   6188665 | NS      | $6222256.17   | 0.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Apollo Silver Corp               | Apollo Silver Corp.                | CUSIP: 03770A307<br>LEI: 984500BAD875B61ECA56 | Long             | EC               | CORP              | CA        |     61142 | NS      | $236540.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Silver Mountain Resources Inc    | Silver Mountain Resources, Inc.    | CUSIP: 828042507<br>LEI: 529900FZCY72N73U9N27 | Long             | EC               | CORP              | CA        |    600803 | NS      | $1768419.45   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Unico Silver Ltd                 | Unico Silver, Ltd.                 | CUSIP: N/A<br>LEI: 529900XDJQXMOQ7MT398       | Long             | EC               | CORP              | AU        |  13472037 | NS      | $7821811.85   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Andean Precious Metals Corp      | Andean Precious Metals Corp.       | CUSIP: 03349X101<br>LEI: 254900ZH5MOB7VSCSG15 | Long             | EC               | CORP              | CA        |   1142226 | NS      | $8122200.11   | 1.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Sun Silver Ltd                   | Sun Silver, Ltd.                   | CUSIP: N/A<br>LEI: 254900IZEBASSNUS9150       | Long             | EC               | CORP              | AU        |   2674714 | NS      | $3489626.60   | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Vizsla Silver Corp               | Vizsla Silver Corp.                | CUSIP: 92859G608<br>LEI: 549300ADJF7HWIEDL366 | Long             | EC               | CORP              | CA        |   5383818 | NS      | $29449484.46  | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia De Minas Buenaventura Saa    | Cia de Minas Buenaventura SAA      | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |    155179 | NS      | $4318631.57   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Resource Corp               | Gold Resource Corp.                | CUSIP: 38068T105<br>LEI: 5299006MQBYLDAOI2D32 | Long             | EC               | CORP              | US        |    126738 | NS      | $104939.06    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenta Silver Corp              | Argenta Silver Corp.               | CUSIP: 039944103<br>LEI: 984500E0455AB5E4F692 | Long             | EC               | CORP              | CA        |   2985994 | NS      | $1609876.19   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Silver Tiger Metals Inc          | Silver Tiger Metals, Inc.          | CUSIP: 82831T109<br>LEI: 2549009QDIU00MWT6U57 | Long             | EC               | CORP              | CA        |    515630 | NS      | $341862.45    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Silver Corp               | Alaska Silver Corp.                | CUSIP: 01176C109<br>LEI: 984500704E102BB6F693 | Long             | EC               | CORP              | CA        |     48729 | NS      | $44023.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Americas Gold & Silver Corp      | Americas Gold & Silver Corp.       | CUSIP: 03062D803<br>LEI: 5493005AKGOT669Z4P51 | Long             | EC               | CORP              | CA        |   5586284 | NS      | $28545911.24  | 4.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Capitan Silver Corp              | Capitan Silver Corp.               | CUSIP: 14055C108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     87237 | NS      | $139828.35    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolly Varden Silver Corp         | Dolly Varden Silver Corp.          | CUSIP: 256827783<br>LEI: 2549007A2MNBXFD0FU11 | Long             | EC               | CORP              | CA        |     66966 | NS      | $292736.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| West Coast Silver Ltd            | West Coast Silver, Ltd.            | CUSIP: N/A<br>LEI: 9845004B6X69A9E03946       | Long             | EC               | CORP              | AU        |   4749420 | NS      | $713145.16    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Silver47 Exploration Corp        | Silver47 Exploration Corp.         | CUSIP: 827719105<br>LEI: 254900VYRPDDH3AFJM02 | Long             | EC               | CORP              | CA        |   3602784 | NS      | $2729878.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Kuya Silver Corp                 | Kuya Silver Corp.                  | CUSIP: 50149R107<br>LEI: 549300Y0MAI0OH12T213 | Long             | EC               | CORP              | CA        |   2757564 | NS      | $2147314.92   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Silver One Resources Inc         | Silver One Resources, Inc.         | CUSIP: 828062109<br>LEI: 549300PPB6C51C1WST34 | Long             | EC               | CORP              | CA        |   1534513 | NS      | $693160.95    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra Exploration Inc            | Astra Exploration, Inc.            | CUSIP: 04633F103<br>LEI: 984500B54F6D564A6483 | Long             | EC               | CORP              | CA        |     71640 | NS      | $30273.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Discovery Silver Corp            | Discovery Silver Corp.             | CUSIP: 254677107<br>LEI: 98450041CCB3E8QD3F53 | Long             | EC               | CORP              | CA        |    335110 | NS      | $2045988.71   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Silver Mines Ltd                 | Silver Mines, Ltd.                 | CUSIP: N/A<br>LEI: 529900TQJSJASG5XNA13       | Long             | EC               | CORP              | AU        |  52861359 | NS      | $7760967.25   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Physical Silver Trust     | Sprott Physical Silver Trust       | CUSIP: 85207K107<br>LEI: 5493007M22KSTRPCA127 | Long             | EC               | RF                | US        |   5387630 | NS      | $127417449.50 | 19.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Gr Silver Mining Ltd             | GR Silver Mining, Ltd.             | CUSIP: 36258E102<br>LEI: 254900K448VPXRKTBM08 | Long             | EC               | CORP              | CA        |  10793766 | NS      | $3145609.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresnillo Plc                    | Fresnillo PLC                      | CUSIP: N/A<br>LEI: 549300JXWH1UV5J0XV81       | Long             | EC               | CORP              | GB        |    174717 | NS      | $7851867.28   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co                  | Hecla Mining Co.                   | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    484857 | NS      | $9304405.83   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Aya Gold & Silver Inc            | Aya Gold & Silver, Inc.            | CUSIP: 05466C109<br>LEI: 549300BWX8KJOTUL4M51 | Long             | EC               | CORP              | CA        |   1971385 | NS      | $28208809.44  | 4.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Kootenay Silver Inc              | Kootenay Silver, Inc.              | CUSIP: 500583836<br>LEI: 529900HM3U0AXDDZPG82 | Long             | EC               | CORP              | CA        |   2157314 | NS      | $3379275.87   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Pan American Silver Corp         | Pan American Silver Corp.          | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    262060 | NS      | $13577328.60  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sotkamo Silver Ab                | Sotkamo Silver AB                  | CUSIP: N/A<br>LEI: 213800R2TQW1OZGYDX93       | Long             | EC               | CORP              | SE        |   8025353 | NS      | $1816484.50   | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| Societe Metallurgique D'imiter   | Societe Metallurgique D'imiter     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MA        |      5794 | NS      | $2605901.71   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Gold Corp             | Chesapeake Gold Corp.              | CUSIP: 165184102<br>LEI: 5299004W47LXBBVGN893 | Long             | EC               | CORP              | CA        |     27087 | NS      | $81899.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrias Penoles Sab De Cv     | Industrias Penoles SAB de CV       | CUSIP: 244820908<br>LEI: 549300WA2HB7776CB324 | Long             | EC               | CORP              | MX        |    139018 | NS      | $7302970.85   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Silver X Mining Corp             | Silver X Mining Corp.              | CUSIP: 828341107<br>LEI: 894500TOVTJDJJ6WSU81 | Long             | EC               | CORP              | CA        |   4458677 | NS      | $3508339.34   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Minera Frisco Sab De Cv          | Minera Frisco SAB de CV            | CUSIP: N/A<br>LEI: 4469000001DQSAKX9X42       | Long             | EC               | CORP              | MX        |     46519 | NS      | $22888.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Silver Exploration Corp | Southern Silver Exploration Corp.  | CUSIP: 843814203<br>LEI: 529900VY7ZZW0FTRGM33 | Long             | EC               | CORP              | CA        |   3801746 | NS      | $1966587.49   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Bear Minerals Ltd          | Black Bear Minerals, Ltd.          | CUSIP: N/A<br>LEI: 254900B2VBS9RW60CP33       | Long             | EC               | CORP              | AU        |    116862 | NS      | $78767.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Silverco Mining Ltd              | Silverco Mining, Ltd.              | CUSIP: 827924101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    302620 | NS      | $2094561.22   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Abrasilver Resource Corp         | AbraSilver Resource Corp.          | CUSIP: 00379L304<br>LEI: 254900WR30BQ8MPSYU80 | Long             | EC               | CORP              | CA        |   3629335 | NS      | $28240353.94  | 4.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Hycroft Mining Holding Corp      | Hycroft Mining Holding Corp.       | CUSIP: 44862P208<br>LEI: 254900T7FYMGS29WIF55 | Long             | EC               | CORP              | US        |     32950 | NS      | $783221.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Impact Silver Corp               | IMPACT Silver Corp.                | CUSIP: 45257A102<br>LEI: 5299003BDKNMGPIVOP50 | Long             | EC               | CORP              | CA        |   8066851 | NS      | $2409681.91   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| New Pacific Metals Corp          | New Pacific Metals Corp.           | CUSIP: 64782A107<br>LEI: 549300TC0CSHP59S8103 | Long             | EC               | CORP              | CA        |   2765356 | NS      | $9706399.56   | 1.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Outcrop Silver & Gold Corp       | Outcrop Silver & Gold Corp.        | CUSIP: 69002Q105<br>LEI: 529900TS47D23PWDP884 | Long             | EC               | CORP              | CA        |   9238789 | NS      | $3230934.19   | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Sierra Madre Gold And Silver Ltd | Sierra Madre Gold And Silver, Ltd. | CUSIP: 8263XP104<br>LEI: 984500C0001D39FB0424 | Long             | EC               | CORP              | CA        |    130102 | NS      | $162088.39    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Boab Metals Ltd                  | Boab Metals, Ltd.                  | CUSIP: N/A<br>LEI: 549300LZ01Q8WIYKAU93       | Long             | EC               | CORP              | AU        |    244469 | NS      | $75863.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogold Resources Inc             | GoGold Resources, Inc.             | CUSIP: 38045Y102<br>LEI: 549300PNCGJ26Y676N19 | Long             | EC               | CORP              | CA        |    413259 | NS      | $876167.49    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Investigator Silver Ltd          | Investigator Silver, Ltd.          | CUSIP: N/A<br>LEI: 52990090XC9DIFE5XF88       | Long             | EC               | CORP              | AU        |  40581800 | NS      | $3926938.99   | 0.60%             |  |  |  | No            |                  1 | 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      |
| Or Royalties Inc                 | OR Royalties, Inc.                 | CUSIP: 68390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |     90643 | NS      | $3207855.77   | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Santacruz Silver Mining Ltd      | Santacruz Silver Mining, Ltd.      | CUSIP: 80280U205<br>LEI: 549300KR50UPLTF0XY61 | Long             | EC               | CORP              | CA        |     90434 | NS      | $871692.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |

### 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