November 12, 2019

Source Capital, Inc. Termination of Repurchase Program

LOS ANGELES, November 11, 2019---The Board of Directors of Source Capital, Inc. (NYSE: SOR), (the “Fund”) terminated the Fund’s stock repurchase program, which was initially approved by the Board on November 16, 2015.

Source Capital, Inc. (the “Fund”) is a closed-end investment company managed by First Pacific Advisors, LP.
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