Source Capital Closed Fund

Source Capital, Inc. is a closed-end balanced fund launched and managed by First Pacific Advisors, LLC. It invests in U.S. public equity markets, primarily in value stocks of small- to mid-cap companies across diversified sectors. The fund uses fundamental analysis with a bottom-up stock selection approach, focusing on factors such as high liquidity, relatively unleveraged balance sheets, and long-term ability to earn above-average returns on capital. It benchmarks performance against the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. Source Capital, Inc. was formed on June 1, 1968 and is domiciled in the United States.