SPROTT FOCUS TRUST INC. — Director's Dealing 2014

Dec 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYCE FOCUS TRUST INC (FUND)
CIK: 0000825202
Period of Report: 2014-12-30

Reporting Person: GEORGE W WHITNEY (Director, Vice President, 10% Owner, VP - Investment Advisor)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-30	Common Stock	P	20600	$7.328	Acquired	1044437	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2295290	Direct
Common Stock	430117	Indirect
Common Stock	148136	Indirect

Footnotes

F1: Shares held in The Mallory Descendant's Trust U/T/A DTD 12/13/2013 (the "Trust"). Mr. George serves as trustee of the Trust and, in such capacity, has investment and voting discretion over shares held by the Trust. Mr. George's spouse has a pecuniary interest in the Trust.