# Source Capital, Inc. (SOR): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sor for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1980-03-17 Source Capital, Inc., known by its ticker SOR, is a closed-end, balanced investment fund under the management of First Pacific Advisors, LLC. Its investment mandate primarily targets the public equity markets within the United States, aiming to allocate capital across a broad spectrum of industry sectors. A core tenet of its strategy involves identifying value-oriented equities, specifically within the small and mid-capitalization segments. The construction of its portfolio is driven by a meticulous, bottom-up fundamental analysis. This involves a rigorous screening process that prioritizes... ## Key Facts | Metric | Value | |---|---| | Price | $46.56 | | Expense Ratio | 0.98% | | Market Value | $383.2M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 5.37% | | Annual Distribution (TTM) | $2.50 /share | | Distribution Frequency | Monthly | | 52-Week Range | $44.20 – $50.41 | | Beta | 0.47 | ## Latest Distribution - Amount: $0.2083 /share - Ex-date: 2026-10-15 - Pay date: 2026-10-30 ## Next Distribution (Declared) - Amount: $0.2083 /share - Ex-date: 2026-11-13 - Pay date: 2026-11-30 ## Frequently Asked Questions ### What does SOR invest in? Source Capital, Inc., known by its ticker SOR, is a closed-end, balanced investment fund under the management of First Pacific Advisors, LLC. Its investment mandate primarily targets the public equity markets within the United States, aiming to allocate capital across a broad spectrum of industry sectors. A core tenet of its strategy involves identifying value-oriented equities, specifically within the small and mid-capitalization segments. The construction of its portfolio is driven by a meticulous, bottom-up fundamental analysis. This involves a rigorous screening process that prioritizes companies exhibiting robust liquidity, conservative balance sheets (characterized by low leverage), and a proven long-term capacity to generate superior returns on invested capital. Source Capital's performance is gauged against a trio of prominent market benchmarks: the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. The fund itself was established on June 1, 1968, and operates from its base in the United States. ### What is the expense ratio of SOR? Source Capital, Inc. (SOR) charges an expense ratio of 0.98%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SOR? Source Capital, Inc. (SOR) has a market value of $383.2M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SOR actively managed or an index fund? SOR is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SOR's is 0.98%) in exchange for the discretion to over- or under-weight positions. ### When was SOR launched? Source Capital, Inc. (SOR) launched in March 1980 and is managed by the fund issuer. ### How has SOR performed? SOR's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SOR pay a dividend? Source Capital, Inc. (SOR) currently distributes little or no income. Trailing-twelve-month yield is 5.37%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SOR pay dividends? Source Capital, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SOR's dividend yield? SOR's trailing-twelve-month yield is 5.37%, calculated from the sum of dividends over the past year divided by the current price. ### When is SOR's next ex-dividend date? The most recently announced ex-dividend date for SOR was 2026-12-16. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SOR's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.98% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SOR charge its expense ratio? The expense ratio is deducted in tiny daily slices from SOR's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SOR cost more than a fund like VOO? SOR is actively managed (current expense ratio 0.98%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SOR's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SOR? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as SOR (0.98%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/sor - Distribution history: https://www.dividenddata.com/funds/sor/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sor/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sor/expenses - Peer comparison: https://www.dividenddata.com/funds/sor/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.