Source Capital:SOR

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$38.59$42.31-8.79%
    52 Wk Avg$37.78$41.43-8.79%
    52 Wk High$39.99$43.49-4.00%
    52 Wk Low$34.76$38.23-12.86%
    Regular Distribution Type†Income Only
    Distribution Rate6.41%
    Distribution Amount$0.2083
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective of the Fund is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$349.028M
    Total Common Assets:$349.028M
    Common Shares Outstanding:8,249,292
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management Fees0.69%
    Other Expenses:0.30%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 0.99%
    Fund Management

    Fund Sponsor
    First Pacific

    Portfolio Managers
    Steven T. Romick, Abhijeet Patwardhan, Mark Landecker, Brian A. Selmo

    Basics
    Category: Hybrid-U.S. Allocation
    Ticker: SOR
    NAV Ticker: XSORX
    Average Daily Volume (shares): 14,887
    Average Daily Volume (USD): $0.563M
    Inception Date: 10/24/1968
    Inception Share Price: $17.50
    Inception NAV: $16.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/29/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 6/30/2023    		 $0.8529
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		5.65%
    Total Return on NAV (12 months):
    As of 9/29/2023    		16.92%
    Avg. Portfolio Coupon:
    As of 9/29/2023    		 7.58%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-9.74%
    1 Year-8.79%
    3 Year-8.27%
    5 Year-10.36%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month0.25
    6 Month0.92
    1 Year0.00
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD4.55%9.55%0.97%2.69%
    2022-5.25%-7.09%-17.94%-12.77%
    202120.11%11.15%25.66%17.24%
    20207.76%5.98%0.91%6.36%
    201922.20%20.89%29.77%22.10%
    2018-10.51%-7.69%-8.36%-4.98%
    201718.49%13.98%21.52%14.50%
    20169.56%9.05%17.59%13.14%
    2015-1.82%-4.38%-9.73%-7.35%
    201413.15%14.93%11.82%9.17%
    201335.10%31.05%19.53%19.58%
    201219.03%15.55%13.72%13.14%
    2011-6.04%-5.18%1.24%3.22%
    201030.75%25.91%  
    200960.79%52.96%  
    2008-49.32%-42.82%  
    2007-5.50%6.13%  
    2006-1.72%4.31%  
    200511.63%14.87%  
    200428.45%19.52%  
    200320.70%45.69%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2023
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/29/2023    		7.58%
    Number of Holdings:
    As of 6/30/2023    		192
    Annual Portfolio Turnover:
    As of 12/31/2022    		18.00%
    Average Bond Price:
    As of 6/30/2023    		$91.95
    Asset Allocation

    As of 6/30/2023

    Top Sectors

    As of 6/30/2023

    Sector%Portfolio
    Sensitive (Super Sector)22.92%
    Cyclical (Super Sector)17.48%
    Corporate (Super Sector)16.55%
    Securitized (Super Sector)15.19%
    Asset Backed14.62%
    Cash Equivalents (Super Sector)10.42%
    Cash Equivalents10.42%
    Communication Services9.12%
    Financial Services8.29%
    Technology8.29%
    Top Holdings

    As of 6/30/2023

    HoldingValue% Portfolio
    Analog Devices Inc$9.30M2.63%
    Holcim Ltd$9.13M2.58%
    Comcast Corp Class A$8.96M2.54%
    Metropolitan Partners Fund Vii, Lp$8.38M2.37%
    TE Connectivity Ltd$8.03M2.27%
    American International Group Inc$7.44M2.11%
    Aon PLC Class A$5.87M1.66%
    International Flavors & Fragrances Inc$5.35M1.51%
    Wells Fargo & Co$5.14M1.46%
    Msd Private Credit Opportunity Fund 2, Lp$5.04M1.43%
    Credit Quality

    As of 6/30/2023

    Maturity Breakdown

    As of 6/30/2023

    Country Allocation

    As of 6/30/2023

    Country% Portfolio
    United States - Equity28.86%
    United States - Fixed Income19.19%
    Switzerland - Equity4.72%
    Netherlands - Equity3.17%
    Others - Fixed Income2.29%
    Belgium - Equity1.34%
    South Korea - Equity1.33%
    France - Equity1.27%
    Japan - Equity0.94%
    South Africa - Equity0.89%
    Canada - Fixed Income0.80%
    Germany - Equity0.62%
    Hong Kong - Equity0.27%
    United Kingdom - Equity0.22%
    China - Equity0.08%
    Canada - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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