SOR News and Press, Source Capital Inc. From 12/03/21

Source Capital (NYSE:SOR) declares $0.185/share monthly dividend, in line with previous. Forward yield 4.93% Payable Dec. 30; for shareholders of record Dec. 16; ex-div Dec. 15. Payable Jan. 31; for shareholders of record Jan. 18; ex-div Jan. 17. Payable Feb. 28; for shareholders of record Fe...

SPE is an exciting investment option for investors who want to invest alongside Bulldog Investors. Bulldog Investors took a more aggressive activist approach with this fund, taking over complete control in 2009. Since taking over the fund, they have constructed one of the oddest p...

A reliable selection criterion for building a portfolio of funds that are likely to produce above-average returns over the long haul is the goal of every CEF investor. For me, the flexible combination of a positive NAV since inception, discount on NAV, and leverage represents a practi...

I like to look at closed-end funds from time-to-time. Especially going into the year end they can become very attractive. RiverNorth Opportunities is a popular fund and for good reason. The fund has a good strategy and returns to back it up. I'm ultimately passing because ...

The first Record Date in table of release dated August 9, 2021, should read: September 16, 2021 (instead of September 6, 2021). The updated release reads: SOURCE CAPITAL, INC. DECLARES MONTHLY DISTRIBUTIONS ON COMMON STOCK The Board of Directors of Source Capital, Inc. (...

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

Now that the convertible preferred is all taken care of, we have a bit more clarity on the valuation of the fund. The latest pricing and NAV updates give us an estimated discount of 7.30%, which is quite appealing. This fund is a unique CEF that can add a bit of diversification to...

Source Capital, Inc. (“SOR” or the “Fund”) announced a change to its stock repurchase program (the “Program”) that will allow the Fund’s portfolio managers, board members and officers to increase their personal investments in SOR stock. E...

Source Capital (SOR) declares $0.185/share monthly dividend, in line with previous.Forward yield 4.91%Payable June 30; for shareholders of record June 16; ex-div June 15.Payable July 30; for shareholders of record July 16; ex-div July 15.Payable Aug. 31; for shareholders of record Aug. 17; ex...

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows: About Source Capital, Inc. Source Capital, Inc. is a closed-end...