Source Capital, Inc. is a publicly traded investment firm that focuses on providing capital solutions through various investment strategies
The company specializes in acquiring and managing a diverse portfolio of securities and assets, including public equity, fixed income, and alternative investments. By leveraging extensive market knowledge and expertise, Source Capital aims to generate long-term growth and value for its shareholders. The firm's approach combines proactive management with strategic investment techniques to navigate market opportunities and risks effectively.
Source Capital (NYSESOR), a closed-end fund (“Source”), is disappointed that the Board of Directors of 180 Degree Capital Corp. NASDAQ: TURNNASDAQTURN)
Source Capital (NYSESOR), a closed-end fund (“Source”), is interested in discussing a potential merger with 180 Degree Capital Corp. NASDAQ: TURNNASDAQTURN)
The Board of Directors of Source Capital (NYSESOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for March 2025 as follows:
The Board of Trustees of Source Capital (NYSESOR) (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 occur.
Source Capital, Inc. (NYSESOR) (the “Fund”), announced that it will reorganize into a Delaware Trust after the close of business on December 31, 2024, under the terms and conditions approved by shareholders at the Annual Meeting held in July 2024. Upon the reorganization, the Fund’s name will change to “Source Capital” but will continue to trade on the NYSE under the SOR ticker.
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (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.
The Board of Directors of Source Capital, Inc. (NYSESOR) (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:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”) today approved increasing the Fund’s regular monthly distribution rate 12.6% from $0.185 ($2.22 annualized) to $0.2083 ($2.50 annualized) for each of the next three months as follows:
San Diego, CA -- (SBWIRE) -- 05/02/2023 -- Certain directors of Source Capital, Inc. are under investigation on over potential breaches of fiduciary duties.
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today announced that for the Fund’s Discount Management Program (the “Program”) measurement period from January 1, 2022 through December 31, 2022, the Fund traded at an average discount to net asset value (NAV) of less than 10%, including that the Fund traded at a discount to NAV of 4.0% at the end of 2022, one of its lowest discounts in the past 10 years. As a result, the tender offer for calendar year 2022 under the Fund’s Program will not occur.
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows:
