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

Jan 04, 2022

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 April 1, 2021 through December 31, 2021, 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 as low as 3.8% during this period, its lowest discount in more than 10 years. As a result, the tender offer for calendar year 2021 under the Fund’s Program will not occur.

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