Source Capital, Inc.
Source Capital, Inc. (SOR) seeks maximum total return for shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital.
On November 17, 2015, we announced that Eric Ende will be retiring as Source’s Portfolio Manager on December 1, 2015. We are grateful for Eric’s leadership and for the strong long-term results he delivered to shareholders for almost two decades. We wish Eric and his family all the best as he transitions into retirement.
In that same announcement, we informed shareholders about the portfolio management team that will take over for Eric, related changes to Source’s investment program and the implementation of a share repurchase program. You may also refer to the announcement by clicking here.