SOR
Source CapitalSOR
SOR
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 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
1.03% less ownership
Funds ownership: 16.48% [Q4 2024] → 15.45% (-1.03%) [Q1 2025]
11% less capital invested
Capital invested by funds: $58.9M [Q4 2024] → $52.6M (-$6.33M) [Q1 2025]
19% less funds holding
Funds holding: 54 [Q4 2024] → 44 (-10) [Q1 2025]
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Research analyst outlook
We haven’t received any recent analyst ratings for SOR.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Soaring With SOR? Let's Run The Numbers
Source Capital (SOR) offers strong long-term returns and outperforms the S&P 500 in risk-adjusted metrics like inflation-beating and downside protection. SOR's portfolio is globally diversified with a flexible asset allocation, currently holding 58% in credit and fixed assets, not just equities. Compared to traditional 70/30 or 60/40 portfolios, SOR delivers higher returns but with significantly higher volatility and larger drawdowns.
Neutral
Business Wire
2 months ago
Source Capital Declares June, July, and August 2025 Distribution on Common Stock
LOS ANGELES--(BUSINESS WIRE)--Source Capital declares June, July, and August 2025 distributions to shareholders.
Neutral
Business Wire
4 months ago
Source Capital Declares April and May 2025 Distribution on Common Stock
LOS ANGELES--(BUSINESS WIRE)--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.
Neutral
PRNewsWire
5 months ago
Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan
Highlights Key Terms and Departures from Shareholder Interests Questions Process and Motivations of 180 Degree Capital Corp.'s Board of Directors' Cavalier Rejection of the Alternative Source Capital Proposal Highlights Need for Transparency from the TURN Board and a Fair Process to Allow Shareholders to Determine the Right Path Forward CHICAGO , Feb. 11, 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 "Company"), today issued the following statement expressing its concern about TURN's definitive merger agreement with Mount Logan Capital Inc. (Cboe Canada: MLC) ("Mount Logan") and the TURN Board of Directors' (the "Board") failure to engage with Source Capital (NYSE: SOR)("Source") regarding its January 24 merger proposal.
Neutral
Business Wire
5 months ago
Source Capital Responds to 180 Degree Capital Corp.
LOS ANGELES--(BUSINESS WIRE)--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 enga.
Neutral
PRNewsWire
6 months ago
Marlton Partners Comments on Source Capital Proposal to Merge with 180 Degree Capital Corporation
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 "Company"), today issued the following statement calling on the TURN Board of Directors (the "Board") to engage with Source Capital (NYSE: SOR) ("Source") and consider its proposed merger with TURN as announced on January 24, 2025.
Neutral
Business Wire
6 months ago
Source Capital Proposes Merger With 180 Degree Capital Corp.
LOS ANGELES--(BUSINESS WIRE)--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 million1 related to its management of Source. FPA has a long history of investment excellence - of the 150 largest mutual fund families in the United Sta.
Neutral
Business Wire
6 months ago
Source Capital Declares March 2025 Distribution on Common Stock
LOS ANGELES--(BUSINESS WIRE)--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 symb.
Neutral
Business Wire
6 months ago
Source Capital Provides Update on Discount Management Program and Private Credit Investments and Announces Q4 Webcast
LOS ANGELES--(BUSINESS WIRE)--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 P.
Negative
Seeking Alpha
6 months ago
SOR: This Closed-End Fund Is Now Slightly Overpriced (Rating Downgrade)
Source Capital (SOR) has delivered a 19% total return in 2024, benefiting from active management and a 60/40 allocation, despite a challenging fixed income market. SOR's active management allows for dynamic risk adjustments, maintaining a low duration profile and significant cash holdings, enhancing its performance amid rising interest rates. The fund's current valuation shows a tight discount to NAV at -2%, suggesting overvaluation compared to historical norms, prompting a shift to 'Hold'.
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