SOR

Source Capital
SOR

$43.99

0.79%

Market Cap: $361M

About: Source Capital Inc is a diversified, closed-end management investment company. The investment objective of the company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with the protection of invested capital.

0

Funds holding %

of 6,728 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

7% more funds holding

Funds holding: 45 [Q1] → 48 (+3) [Q2]

1.47% less ownership

Funds ownership: 13.46% [Q1] → 11.98% (-1.47%) [Q2]

8% less capital invested

Capital invested by funds: $47.3M [Q1] → $43.4M (-$3.89M) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 22

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Research analyst outlook

We haven’t received any recent analyst ratings for SOR.

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Financial journalist opinion

Source Capital, Inc. Declares Monthly Distributions on Common Stock

LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved maintaining the Fund's regular monthly distribution rate for each of the next three months as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date September 2024 $0.2083 September 17, 2024 September 30, 2024 October 2024 $0.2083 October 15, 2024 October 31, 2024 November 2024 $0.2083 November 14, 2024 November 29, 2024 About Source Capital, Inc.

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Meati Expands Its Leadership Bench

BOULDER, Colo.--(BUSINESS WIRE)--Meati, makers of mycelium superfood cutlets and steaks sold nationwide, today announced the addition of two new leaders who will help Meati reach its vision to bring one of the healthiest foods on the planet to kitchen tables all around the world. The new additions include John Bortells, chief commercial officer, and Becky O'Grady, board member. Both bring a passion for Meati's mission and deep practical expertise scaling brands to national success. As CCO, Bort.

Meati Expands Its Leadership Bench

Source Capital, Inc. Declares Monthly Distributions on Common Stock

LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved maintaining the Fund's regular monthly distribution rate for each of the next three months as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date June 2024 $0.2083 June 18, 2024 June 28, 2024 July 2024 $0.2083 July 16, 2024 July 31, 2024 August 2024 $0.2083 August 15, 2024 August 30, 2024 About Source Capital, Inc. Source Capital, Inc. is a clo.

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Source Capital, Inc. Declares Monthly Distributions on Common Stock

LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved maintaining the Fund's regular monthly distribution rate for each of the next three months as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date March 2024 $0.2083 March 15, 2024 March 28, 2024 April 2024 $0.2083 April 18, 2024 April 30, 2024 May 2024 $0.2083 May 16, 2024 May 31, 2024 About Source Capital, Inc. Source Capital, Inc. is a closed.

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Source Capital, Inc. Provides Update on Discount Management Program and Announces Updated Investment Guidelines and Q4 Webcast

LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), today announced that for the Fund's Discount Management Program (the “Program”) measurement period from January 1, 2023 through December 31, 2023, the Fund traded at an average discount to net asset value (NAV) of less than 10%. As a result, the tender offer for calendar year 2023 under the Fund's Program will not occur. In addition to the contingent tender offer in place for calendar year 202.

Source Capital, Inc. Provides Update on Discount Management Program and Announces Updated Investment Guidelines and Q4 Webcast

Source Capital, Inc. Declares Monthly Distributions on Common Stock

LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), today approved maintaining the Fund's regular monthly distribution rate for each of the next three months, plus a special distribution in December as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date December 2023 $0.2083 December 18, 2023 December 29, 2023 January 2024 $0.2083 January 17, 2024 January 31, 2024 February 2024 $0.208.

Source Capital, Inc. Declares Monthly Distributions on Common Stock

SOR: Robust CEF, Effective 60/40 Retirement Fund

Source Capital is a closed-end fund that seeks to provide total return to its shareholders through a combination of capital appreciation and investment income. SOR invests in a diversified portfolio of equities and fixed income securities, with a global focus on the equity side. SOR has a strong track record of outperforming simple 60/40 ETFs, but it is not leveraged.

SOR: Robust CEF, Effective 60/40 Retirement Fund

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