CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

Source Capital (SOR)

U.S. Equity Funds - General Equity Funds

Data as of March 24, 2023
Market Price $36.28 (+ $0.17)
NAV (March 24, 2023) $40.68 (- $0.11)
Fund Listed NYSE
Premium / Discount -10.82% (+0.66%)
Fund Info
Inception Oct. 24, 1968
Sponsor First Pacific Advisors
Website https://fpa.com/funds/...
Phone 800.982.4372
Location California
Incorporated Delaware
Staggered Board No
Objective: Capital appreciation and investment income; businesses at reasonable prices
Related Indexes
Global Equity Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 8,313,731
Total Assets (Reported: Dec. 31, 2022) $337M
Estimated Total Assets $338M
Net Assets $338M
Market Cap $302M
Portfolio Turnover 20.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.99%
Non Lev Exp Ratio 0.99%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -9.07%
Discount Low(3 Yr) -17.95%
Discount High(3 Yr) -3.82%
Discount Rel Range (3 Yr) 50.50%
Comp Discount 0.12
Discount St Dev (1Yr) 1.29
Z-Stat (6mo) -2.02
Z-Stat (1Yr) -2.38
Z-Stat (3Yr) -0.57
Comp Z-Stat (6mo) -1.42
Comp Z-Stat (3Yr) -0.16
Distribution Data
Market Yield 6.12%
Income Yield 6.12%
Lev Adj NAV Yield 5.46%
Distribution Frequency M
Current Distribution $0.185
Current Income $0.185
Ex-Date 4/17/23
Payable Date 4/28/23
Div Growth (3yr) 122.00%
Dividend Change 122.9% on 2/24/21
Expected Div 5/8/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2021 2019 - 2021
Income 34.4% 41.8%
ST Gains 0% 0%
QDI 10.0% 27.3%
LT Gains 65.6% 58.2%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $784
Avg Volume 30 day 18,757
Avg Volume 90 day 21,615
Volume Trend -13.22%
Comp Volume Trend -1.73%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's US Equity Index
Most Correlated Peer (Mk Pr): STEW 81.0%
NAV - Price Correlation (30 d) 96.4%
NAV - Price Correlation (90 d) 80.7%
NAV - Price Correlation (1 Yr) 94.0%
Price St Dev (1Yr) 20.4%
NAV St Dev (1Yr) 10.3%
Earnings / Share (12/31/22) $0.101
Earn Coverage 54.49%
Earnings Trend Down
UNII / Share (12/31/22) $0.048
Rel UNII 2.14
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's US Equity Index


CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.