SOR News and Press, Source Capital Inc. From 01/02/24

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 January 1, 2023 through December 31, 2023, the Fund traded at an average discount to ...

2023-12-26 23:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-27 15:07:06 ET Summary Source Capital is a closed-end fund that seeks to provide total return to its shareholders through a combination of capital appreciation and investment income. SOR invests in a diversified portfolio of equities and fixed income securities, with a glo...

2023-10-17 00:31:01 ET Summary The number of CEFs currently in the U.S. market is 440, each one acting as a spokesperson for the strategy and management philosophy of the houses that launched them. The reason why most investors are interested in CEFs is because they provide a stea...

2023-08-14 16:55:00 ET Source Capital Inc ( NYSE: SOR ) declares $0.2083/share monthly dividend , in line with previous. Forward yield 6.47% Payable Sept. 29; for shareholders of record Sept. 18; ex-div Sept. 15. Payable Oct. 31; for shareholders of record Oct....

2023-05-09 09:05:17 ET Source Capital Inc ( NYSE: SOR ) declares $0.2083/share monthly dividend , 12.6% increase from prior dividend of $0.1850. Forward yield 6.75% Payable June 30; for shareholders of record June 16; ex-div June 15. Payable July 31; for sh...

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (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: Regular Monthl...

2023-04-30 01:44:27 ET Summary Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022. Volatility has been coming down in ...

2023-03-09 05:23:39 ET Summary First Trust CEF Income Opportunity ETF is an actively managed fund of funds. It has outperformed its competitors YYY and PCEF since 2016. Distribution growth has outpaced inflation, but share price has lagged it. The main issues of this fund ...

Source Capital, Inc. (SOR) Q4 2022 Earnings Conference Call February 8, 2023, 4:00 PM ET Company Participants Courtney Reardon - Relationship Manager Steve Scruggs - Portfolio Manager, Strategy Conference Call Participants Presentation Operator ...