SOURCE CAPITAL overview

The Board of Directors of Source Capital (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for April and May 2025 as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date April 2025 May 2025 $0.2083 $0.2083 April 16, 2025 May 15, 2025 April 30, 2025 May 30, 2025 About Source Capital Source Capital is a closed-end investment company managed by First Pacific Advisors, LP. Its shares are listed on the New York...

MIAMI, FLORIDA / ACCESS Newswire / February 26, 2025 / Florida CAM Help program has emerged as a beacon of hope for Florida's condominium associations, providing a specialized lifeline for structural repairs, recertifications, SIRS, property improvements, and financing for newly mandated reserves. Backed by a remarkable team with over 15 years of structural improvement projects and finance experience, and has consistently risen to the occasion, assisting condo associations when traditional banks...

Source Capital (NYSE: SOR), a closed-end fund (“ Source ”), is disappointed that the Board of Directors of 180 Degree Capital Corp. (NASDAQ: TURN) (“ TURN ”) quickly rejected Source’s non-binding initial proposal in three business days without any dialogue with Source to reach an agreement that would maximize value for all TURN shareholders. The market reacted positively to Source’s proposal, and at least one of TURN’s large shareholders has publicly urged TURN to engage with...

Marlton Partners Comments on Source Capital Proposal to Merge with 180 Degree Capital Corporation PR Newswire CHICAGO, Jan. 27, 2025 Calls on 180 Capital Corp's Board of Directors to Engage with Source and Pursue Best Path to Maximize Shareholder Value CHICAGO , Jan. 27, 2025 /PRNewswire/ -- Marlton Partners L.P. (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 4.6% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ: TURN) (the...

Source Capital (NYSE: SOR), a closed-end fund (“ Source ”), is interested in discussing a potential merger with 180 Degree Capital Corp. (NASDAQ: TURN) (“ TURN ”). First Pacific Advisors, LP (“ FPA ”), is the adviser to Source and is a registered investment adviser. FPA currently manages $27 billion, which includes $350 million 1 related to its management of Source. FPA has a long history of investment excellence - of the 150 largest mutual fund families in the United States,...

The Board of Directors of Source Capital (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for March 2025 as follows: Regular Monthly Distribution: Month Rate per Common Share Record Date Payable Date March 2025 $0.2083 March 14, 2025 March 31, 2025 About Source Capital Source Capital is a closed-end investment company managed by First Pacific Advisors, LP. Its shares are listed on the New York Stock Exchange under the symbol “SOR.” The...

The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”), today announced that for the Fund’s Discount Management Program (the “Program”) measurement period from January 1, 2024 through December 31, 2024, the Fund traded at an average discount to net asset value (NAV) of less than 10%. In fact, the discount declined to less than 1% on December 31, 2024, its smallest discount since 2008. As a result, the tender offer for calendar year 2024 under the Fund’s Program will not...

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved a special distribution in December as follows: Special Distribution: Month Rate per Common Share Record Date Payable Date December 2024 $2.65841 December 30, 2024 January 9, 2025 The Internal Revenue Code requires a regulated investment company to distribute substantially all of its net investment income and net realized capital gains to shareholders of record on or before December 31 in order to avoid the...