Source Capital is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small to mid cap companies.
It employs fundamental analysis with a bottom-up stock selection approach, focusing on such factors as high liquidity, relatively unleveraged balance sheets, and long-term ability to earn above-average returns on capital to create its portfolio.
The fund benchmarks the performance of its portfolio against the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. Source Capital, Inc. was formed in June 1, 1968 and is domiciled in the United States.
Source Capital is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States, focusing on value stocks of small to mid cap companies across diversified sectors. It employs fundamental analysis with a bottom-up stock selection approach, emphasizing factors such as high liquidity, relatively unleveraged balance sheets, and long-term ability to earn above-average returns on capital. The fund benchmarks its performance against the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. Source Capital was formed on June 1, 1968, and is domiciled in the United States.
Where is Source Capital (SOR) listed and in which currency?
Source Capital is listed on the New York Stock Exchange (NYSE) under the ticker symbol SOR. The fund trades in U.S. dollars (USD), which is the official currency of the United States. As a closed-end fund listed on a major U.S. exchange, it provides investors with access to a diversified portfolio of value-oriented small to mid cap stocks. The NYSE listing ensures liquidity and regulatory oversight, making it accessible to both retail and institutional investors.
What sector and industry does Source Capital (SOR) operate in?
Source Capital operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end balanced fund, its primary business is managing a portfolio of equity investments. The fund is managed by First Pacific Advisors, LLC, and focuses on value stocks of small to mid cap companies in the United States. Asset management firms like Source Capital generate revenue through management fees and, in some cases, performance fees, though specific fee structures are not detailed in the available data.
What is the geographic focus of Source Capital (SOR)?
Source Capital is domiciled in the United States and invests exclusively in the public equity markets of the United States. The fund targets companies operating across diversified sectors within the U.S. economy, with a particular emphasis on value stocks of small to mid cap companies. While the fund's investments are U.S.-focused, its shareholder base may include both domestic and international investors. The fund's benchmark indices—the Russell 2500 Index, S&P 500 Index, and Nasdaq Composite Index—are all U.S.-centric, reflecting its geographic concentration.
How does Source Capital (SOR) make money?
Source Capital generates returns for its shareholders through capital appreciation and dividend income from its portfolio of equity investments. The fund employs a value investing strategy, selecting stocks of small to mid cap companies that exhibit high liquidity, relatively unleveraged balance sheets, and the ability to earn above-average returns on capital over the long term. As a closed-end fund, it does not continuously issue new shares; instead, its shares trade on the NYSE at market prices that may differ from net asset value. The fund is managed by First Pacific Advisors, LLC, which likely earns management fees based on assets under management, though specific fee details are not provided.