Performance

Comparative Performance Monthly

As of May 31, 2018
Fund/Index MTD YTD 1 Year** Since 12/1/15* 5 Years** 10 Years**
Source Capital 0.72 % -0.36 % 6.95 % 7.41 % 9.03 % 8.01 %
60% S&P500/40% BBgBarc Agg 1.73 % 0.68 % 8.35 % 8.70 % 8.59 % 7.24 %
S&P 500 2.41 % 2.02 % 14.38 % 13.41 % 12.98 % 9.14 %
Periods over one year annualized. Performance is provided net of fees.
*On December 1, 2015, the Fund transitioned to a balanced strategy and the current portfolio managers assumed management of the Fund on that date.
**Performance prior to December 1, 2015 reflects the performance of the prior portfolio manager and investment strategy. Performance prior to December 1, 2015 is not indicative of performance for any subsequent periods.

S&P 500 Index includes a representative sample of 500 leading companies in leading industries of the U.S. economy. The index focuses on the large-cap segment of the market, with over 80% coverage of U.S. equities, but is also considered a proxy for the total market. Bloomberg Barclays Aggregate Index provides a measure of the performance of the U.S. investment grade bonds market, which includes investment grade U.S. Government bonds, investment grade corporate bonds, mortgage pass-through securities and asset-backed securities that are publicly offered for sale in the United States. The securities in the Index must have at least 1 year remaining in maturity. In addition, the securities must be denominated in U.S. dollars and must be fixed rate, nonconvertible, and taxable. 60% S&P 500/40% Bloomberg Barclays Aggregate Index is a hypothetical combination of unmanaged indices comprised of 60% S&P 500 Index and 40% Barclays Aggregate Index, representing the Company’s neutral mix of 60% stocks and 40% bonds.

Past performance is not indicative of future performance. The returns shown for Source Capital are calculated at net asset value per share, including reinvestment of all distributions. Since Source Capital is a closed-end investment company and its shares are bought and sold on the New York Stock Exchange, your performance may also vary based upon the market price of the common stock. You should consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest.

Average Annual Returns

As of March 31, 2018
Fund/Index QTD YTD Since 12/1/15* 1 Year** 5 Years** 10 Years**
Source Capital (NAV) -0.90 % -0.90 % 8.48 % 7.71 % 9.74 % 9.02 %
60% S&P500/40% BBgBarc Agg -0.97 % -0.97 % 8.81 % 8.58 % 8.72 % 7.42 %
S&P 500 -0.76 % -0.76 % 13.99 % 13.08 % 13.31 % 9.49 %
Periods over one year annualized. Performance is provided net of fees.
*On December 1, 2015, the Fund transitioned to a balanced strategy and the current portfolio managers assumed management of the Fund on that date.
**Performance prior to December 1, 2015 reflects the performance of the prior portfolio manager and investment strategy. Performance prior to December 1, 2015 is not indicative of performance for any subsequent periods.

S&P 500 Index includes a representative sample of 500 leading companies in leading industries of the U.S. economy. The index focuses on the large-cap segment of the market, with over 80% coverage of U.S. equities, but is also considered a proxy for the total market. Bloomberg Barclays Aggregate Index provides a measure of the performance of the U.S. investment grade bonds market, which includes investment grade U.S. Government bonds, investment grade corporate bonds, mortgage pass-through securities and asset-backed securities that are publicly offered for sale in the United States. The securities in the Index must have at least 1 year remaining in maturity. In addition, the securities must be denominated in U.S. dollars and must be fixed rate, nonconvertible, and taxable. 60% S&P 500/40% Bloomberg Barclays Aggregate Index is a hypothetical combination of unmanaged indices comprised of 60% S&P 500 Index and 40% Barclays Aggregate Index, representing the Company’s neutral mix of 60% stocks and 40% bonds.

Past performance is not indicative of future performance. The returns shown for Source Capital are calculated at net asset value per share, including reinvestment of all distributions. Since Source Capital is a closed-end investment company and its shares are bought and sold on the New York Stock Exchange, your performance may also vary based upon the market price of the common stock. You should consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest.