September 16, 2020

Source Capital, Inc. Announces Reinstatement of Stock Repurchase Program and Update on Portfolio

LOS ANGELES, September 16, 2020 – The Board of Directors of Source Capital, Inc. (NYSE: SOR), (the “Fund”) reinstated the Fund’s stock repurchase program (the “Program”), which was initially approved by the Board on November 16, 2015 and terminated on November 11, 2019. The Program will be effective as of October 5, 2020 through December 31, 2021.

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