# EDGAR Filing Document

**Accession Number:** 0001728683
**File Stem:** 0001752724-25-201431
**Filing Date:** 2025-8
**Character Count:** 25247
**Document Hash:** b011df1f51b9e35dfc9969398b50de33
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-201431.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-201431

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**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:** 251248963

**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:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $28810260.17

**Total Liabilities:** $46525.57

**Net Assets:** $28763734.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248362 | -1.12%               | 7.58%                | 10.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-94194.33               | $-194915.76                                |
| Month 2  | $9865.72                 | $1724265.35                                |
| Month 3  | $-494758.74              | $3007338.14                                |

### 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        |     13592 | NS      | $1375102.64   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Prospect Resources Ltd                                     | Prospect Resources, Ltd.                                                    | CUSIP: N/A<br>LEI: 529900ZNHOOIQ4150U26       | Long             | EC               | CORP              | AU        |    180308 | NS      | $20173.86     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Midnight Sun Mining Corp                                   | Midnight Sun Mining Corp.                                                   | CUSIP: 598015105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     54201 | NS      | $21095.30     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mmg Ltd                                                    | MMG, Ltd.                                                                   | CUSIP: N/A<br>LEI: 529900XB5IQXFMSWEC48       | Long             | EC               | CORP              | HK        |   1202400 | NS      | $586652.40    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| China Gold International Resources Corp Ltd                | China Gold International Resources Corp., Ltd.                              | CUSIP: 16890P103<br>LEI: 529900936ZPAXB0LZD87 | Long             | EC               | CORP              | CA        |     71900 | NS      | $650309.87    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Aeris Resources Ltd                                        | Aeris Resources, Ltd.                                                       | CUSIP: N/A<br>LEI: 25490046Z9WWYJ493G64       | Long             | EC               | CORP              | AU        |    177460 | NS      | $20439.18     | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Faraday Copper Corp                                        | Faraday Copper Corp.                                                        | CUSIP: 307357103<br>LEI: 529900BNJJ4FLFL93V78 | Long             | EC               | CORP              | CA        |     55276 | NS      | $36938.62     | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Solaris Resources Inc                                      | Solaris Resources, Inc.                                                     | CUSIP: 83419D201<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     31077 | NS      | $142405.35    | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Teck Resources Ltd                                         | Teck Resources, Ltd.                                                        | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     70367 | NS      | $2841419.46   | 9.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Hot Chili Ltd                                              | Hot Chili, Ltd.                                                             | CUSIP: N/A<br>LEI: 9845007FT8E8DX691A24       | Long             | EC               | CORP              | AU        |     40315 | NS      | $15920.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Aic Mines Ltd                                              | AIC Mines, Ltd.                                                             | CUSIP: N/A<br>LEI: 5299003P1FAL4U4Y9G52       | Long             | EC               | CORP              | AU        |    138748 | NS      | $26938.52     | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Hercules Metals Corp                                       | Hercules Metals Corp.                                                       | CUSIP: 427086103<br>LEI: 894500C6CSRIL3D6RX81 | Long             | EC               | CORP              | CA        |     69600 | NS      | $32966.40     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillgrove Resources Ltd                                    | Hillgrove Resources, Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    559402 | NS      | $12885.97     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Kghm Polska Miedz Sa                                       | KGHM Polska Miedz SA                                                        | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |     33813 | NS      | $1209232.09   | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Gruvaktiebolaget Viscaria                                  | Gruvaktiebolaget Viscaria                                                   | CUSIP: N/A<br>LEI: 5299004NWV90GIWSWQ04       | Long             | EC               | CORP              | SE        |     29216 | NS      | $51694.43     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| New World Resources Ltd                                    | New World Resources, Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    963988 | NS      | $41239.18     | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Solgold Plc                                                | SolGold PLC                                                                 | CUSIP: N/A<br>LEI: 213800HGFADQBMIEVI76       | Long             | EC               | CORP              | GB        |    504236 | NS      | $47549.84     | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Carnaby Resources Ltd                                      | Carnaby Resources, Ltd.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     62304 | NS      | $15787.08     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Philex Mining Corp                                         | Philex Mining Corp.                                                         | CUSIP: N/A<br>LEI: 2549003WBGIWUSNRZX59       | Long             | EC               | CORP              | PH        |    635800 | NS      | $72462.91     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-mcmoran Inc                                       | Freeport-McMoRan, Inc.                                                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    162507 | NS      | $7044678.45   | 24.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp                                         | Lundin Mining Corp.                                                         | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    131127 | NS      | $1378915.84   | 4.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Ero Copper Corp                                            | ERO Copper Corp.                                                            | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |     25052 | NS      | $422126.20    | 1.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Osisko Metals Inc                                          | Osisko Metals, Inc.                                                         | CUSIP: 688274109<br>LEI: 5493003KCD875ELH4484 | Long             | EC               | CORP              | CA        |    173180 | NS      | $54685.07     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                                 | First Quantum Minerals, Ltd.                                                | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |     83789 | NS      | $1488419.98   | 5.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Trilogy Metals Inc                                         | Trilogy Metals, Inc.                                                        | CUSIP: 89621C105<br>LEI: 52990084YC9OR0TUH237 | Long             | EC               | CORP              | CA        |     39157 | NS      | $52861.95     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Encounter Resources Ltd                                    | Encounter Resources, Ltd.                                                   | CUSIP: N/A<br>LEI: 894500POR1289TU1RN94       | Long             | EC               | CORP              | AU        |    131112 | NS      | $19415.56     | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Mac Copper Ltd                                             | MAC Copper, Ltd.                                                            | CUSIP: G60409110<br>LEI: 984500A55FX8DC465F12 | Long             | EC               | CORP              | JE        |     20459 | NS      | $247349.31    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Physical Copper Trust                               | Sprott Physical Copper Trust                                                | CUSIP: 85210C100<br>LEI: 254900RKXCDDVDQAV844 | Long             | EC               | CORP              | CA        |    167464 | NS      | $1281099.60   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Msci India Etf                                     | iShares MSCI India ETF                                                      | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Long             | EC               | RF                | US        |      5239 | NS      | $291707.52    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Moon Metals Inc                                       | Blue Moon Metals, Inc.                                                      | CUSIP: 09570Q509<br>LEI: 254900CUYCO1Z90SIR42 | Long             | EC               | CORP              | CA        |     11256 | NS      | $27111.94     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Asia Metals Plc                                    | Central Asia Metals PLC                                                     | CUSIP: N/A<br>LEI: 213800EYQBJZIT64NH43       | Long             | EC               | CORP              | GB        |     50526 | NS      | $110550.76    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Electric Inc / Us                                  | Ivanhoe Electric, Inc. / US                                                 | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23208 | NS      | $210496.56    | 0.73%             |  |  |  | No            |                  1 | On Loan: —       |
| Regulus Resources Inc                                      | Regulus Resources, Inc.                                                     | CUSIP: 75915M107<br>LEI: 529900VQYPDBLVK5DL14 | Long             | EC               | CORP              | CA        |     32012 | NS      | $56184.09     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ngex Minerals Ltd                                          | NGEx Minerals, Ltd.                                                         | CUSIP: 65343P103<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |     40578 | NS      | $473794.90    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Taseko Mines Ltd                                           | Taseko Mines, Ltd.                                                          | CUSIP: 876511106<br>LEI: 549300XKUO1JSLU7KX54 | Long             | EC               | CORP              | CA        |     90707 | NS      | $285727.05    | 0.99%             |  |  |  | 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        |    402000 | NS      | $31757.50     | 0.11%             |  |  |  | No            |                  1 | 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      | $80526.37     | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| 29metals Ltd                                               | 29Metals, Ltd.                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    175930 | NS      | $34157.57     | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Antofagasta Plc                                            | Antofagasta PLC                                                             | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    100036 | NS      | $2484696.95   | 8.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Minera Cerro Verde Saa                            | Sociedad Minera Cerro Verde SAA                                             | CUSIP: P87175108<br>LEI: 5493002F857O2TX7EU13 | Long             | EC               | CORP              | PE        |      4297 | NS      | $171880.00    | 0.60%             |  |  |  | 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        |    138490 | NS      | $138489.95    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd                                          | Ivanhoe Mines, Ltd.                                                         | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    160245 | NS      | $1203823.28   | 4.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Minsur Sa                                                  | Minsur SA                                                                   | CUSIP: N/A<br>LEI: 254900C69MVC7SXO2G61       | Long             | EC               | CORP              | PE        |    293592 | NS      | $329850.72    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Entree Resources Ltd                                       | Entree Resources, Ltd.                                                      | CUSIP: 29384J103<br>LEI: 52990094IV5C28IVXZ02 | Long             | EC               | CORP              | CA        |     36873 | NS      | $55509.20     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldebaran Resources Inc                                    | Aldebaran Resources, Inc.                                                   | CUSIP: 01408J104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     36844 | NS      | $63041.32     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Atalaya Mining Copper Sa                                   | ATALAYA MINING COPPER SA                                                    | CUSIP: N/A<br>LEI: 549300QNQPXVRXGXOX56       | Long             | EC               | CORP              | CY        |     20255 | NS      | $126225.36    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Firefly Metals Ltd                                         | FireFly Metals, Ltd.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    175534 | NS      | $120148.85    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc                                        | Hudbay Minerals, Inc.                                                       | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    119184 | NS      | $1264542.24   | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Marimaca Copper Corp                                       | Marimaca Copper Corp.                                                       | CUSIP: 56783M106<br>LEI: 254900ZZYV59162NO535 | Long             | EC               | CORP              | CA        |     14512 | NS      | $76729.50     | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Amerigo Resources Ltd                                      | Amerigo Resources, Ltd.                                                     | CUSIP: 03074G109<br>LEI: 5299000WW697YX8VQX13 | Long             | EC               | CORP              | CA        |     36054 | NS      | $57453.41     | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Capstone Copper Corp                                       | Capstone Copper Corp.                                                       | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    172422 | NS      | $1058526.10   | 3.68%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                                        | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Arizona Sonoran Copper Co Inc                              | Arizona Sonoran Copper Co., Inc.                                            | CUSIP: 04058Q105<br>LEI: 549300C8J16JPSINEM53 | Long             | EC               | CORP              | CA        |     34929 | NS      | $58225.69     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Metals Corp                                       | Imperial Metals Corp.                                                       | CUSIP: 452892102<br>LEI: 549300WQSPLDYCC4Z755 | Long             | EC               | CORP              | CA        |     21905 | NS      | $78660.14     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandfire Resources Ltd                                     | Sandfire Resources, Ltd.                                                    | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |    101152 | NS      | $746951.41    | 2.60%             |  |  |  | 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        |   1887200 | NS      | $12260.87     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** SPROTT FUNDS TRUST

**Signature:** Thomas W. Ulrich

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

**Title:** Chief Compliance Officer