Source Capital Provides Update on Discount Management Program and Private Credit Investments and Announces Q4 Webcast
LOS ANGELES, January 16, 2025--The Board of Trustees of Source Capital (NYSE: SOR) (the "Fund"), today announced that for the Fund’s Discount Management Program (the "Program") measurement period from January 1, 2024 through December 31, 2024, the Fund traded at an average discount to net asset value (NAV) of less than 10%. In fact, the discount declined to less than 1% on December 31, 2024, its smallest discount since 2008. As a result, the tender offer for calendar year 2024 under the Fund’s P