Source Capital Responds to 180 Degree Capital Corp.
Source Capital (
NYSESOR), a closed-end fund (“Source”), is disappointed that the Board of Directors of 180 Degree Capital Corp.
NASDAQ: TURNNASDAQTURN)
Source Capital Proposes Merger With 180 Degree Capital Corp.
Source Capital (
NYSESOR), a closed-end fund (“Source”), is interested in discussing a potential merger with 180 Degree Capital Corp.
NASDAQ: TURNNASDAQTURN)
Source Capital Declares March 2025 Distribution on Common Stock
The Board of Directors of Source Capital (
NYSESOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for March 2025 as follows:
Source Capital Provides Update on Discount Management Program and Private Credit Investments and Announces Q4 Webcast
The Board of Trustees of Source Capital (
NYSESOR) (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 Program will not occur.
