AICA Event
CEF Advisors AICA Event NAVigator Podcast

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Source Capital (SOR)

U.S. Equity Funds - General Equity Funds

Data as of Sept. 29, 2023
Market Price $38.59 (- $0.31)
NAV (Sept. 29, 2023) $42.31 (+ $0.02)
Fund Listed NYSE
Premium / Discount -8.79% (-0.78%)
Fund Info
Inception Oct. 24, 1968
Sponsor First Pacific Advisors
Phone 800.982.4372
Location California
Incorporated Delaware
Staggered Board No
Term Date N/A
Objective: Capital appreciation and investment income; businesses at reasonable prices
Capital & Leverage
Outstanding Shares 8,249,292
Total Assets (Reported: June 30, 2023) $359M
Estimated Total Assets $349M
Net Assets $349M
Market Cap $318M
Portfolio Turnover 14.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.97%
Non Lev Exp Ratio 0.97%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -8.28%
Discount Low(3 Yr) -13.84%
Discount High(3 Yr) -3.82%
Discount Rel Range (3 Yr) 50.37%
Comp Discount 2.99
Discount St Dev (1Yr) 1.58
Z-Stat (6mo) 0.93
Z-Stat (1Yr) 0.02
Z-Stat (3Yr) -0.26
Comp Z-Stat (6mo) 0.93
Comp Z-Stat (3Yr) 0.40
Distribution Data
Market Yield 6.48%
Income Yield 6.48%
Lev Adj NAV Yield 5.91%
Distribution Frequency M
Current Distribution $0.208
Current Income $0.208
Ex-Date 10/16/23
Payable Date 10/31/23
Div Growth (3yr) 149.96%
Dividend Change 12.6% on 5/8/23
Expected Div 11/13/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 47.6% 47.7%
ST Gains 0% 0%
QDI 18.0% 21.2%
LT Gains 52.4% 52.3%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $484
Avg Volume 30 day 10,586
Avg Volume 90 day 12,531
Volume Trend -15.52%
Comp Volume Trend -20.63%
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 82.0%
NAV - Price Correlation (30 d) 49.9%
NAV - Price Correlation (90 d) 62.2%
NAV - Price Correlation (1 Yr) 84.0%
Price St Dev (1Yr) 15.4%
NAV St Dev (1Yr) 7.7%
Earnings / Share (6/30/23) $0.159
Earn Coverage 76.43%
Earnings Trend Up
UNII / Share (6/30/23) $-0.231
Rel UNII -9.23
UNII Trend Down
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

DISCLOSURES: 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 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.).

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