March 8, 2021

Source Capital, Inc. Increases Monthly Distribution Rate to 5.25%, Implements Discount Management Program, and Announces Investor Call

LOS ANGELES, March 5, 2021---The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), today approved a revision to the Fund’s regular monthly distribution rate announced last week by increasing the annualized distribution rate to $2.22 per common share (18.5 cents per common share monthly) for each of the next three months.

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