Source Capital Inc.
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.2%
1 yr return
11.1%
3 Yr Avg Return
-1.8%
5 Yr Avg Return
2.1%
Net Assets
$358 M
Holdings in Top 10
24.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XSORX - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return -1.8%
- 5 Yr Annualized Total Return 2.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.05%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSource Capital Inc.
-
Fund Family NameFirst Pacific
-
Inception DateSep 26, 2001
-
Shares Outstanding8375879
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSteven Romick
Fund Description
XSORX - Performance
Return Ranking - Trailing
Period | XSORX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.2% | -0.9% | 26.1% | 86.01% |
1 Yr | 11.1% | -5.9% | 45.8% | 91.89% |
3 Yr | -1.8%* | -5.8% | 8.6% | 99.42% |
5 Yr | 2.1%* | -4.1% | 15.9% | 99.21% |
10 Yr | 4.0%* | 0.7% | 10.9% | 87.88% |
* Annualized
Return Ranking - Calendar
Period | XSORX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.0% | -12.2% | 23.9% | 64.33% |
2022 | -11.9% | -34.7% | 2.8% | 8.12% |
2021 | 0.8% | -11.9% | 18.1% | 79.50% |
2020 | 2.0% | -20.9% | 39.7% | 87.02% |
2019 | 18.0% | 0.8% | 25.7% | 9.86% |
Total Return Ranking - Trailing
Period | XSORX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.2% | -0.9% | 26.1% | 86.01% |
1 Yr | 11.1% | -5.9% | 45.8% | 91.89% |
3 Yr | -1.8%* | -5.8% | 8.6% | 99.42% |
5 Yr | 2.1%* | -4.1% | 15.9% | 99.21% |
10 Yr | 4.0%* | 0.7% | 10.9% | 87.88% |
* Annualized
Total Return Ranking - Calendar
Period | XSORX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.0% | -12.2% | 26.8% | 88.48% |
2022 | -11.9% | -29.0% | 10.9% | 23.65% |
2021 | 0.8% | -3.0% | 24.2% | 99.26% |
2020 | 2.0% | -19.5% | 40.6% | 96.60% |
2019 | 19.5% | 4.4% | 32.7% | 52.15% |
NAV & Total Return History
XSORX - Holdings
Concentration Analysis
XSORX | Category Low | Category High | XSORX % Rank | |
---|---|---|---|---|
Net Assets | 358 M | 733 K | 195 B | 69.28% |
Number of Holdings | 222 | 2 | 15716 | 34.81% |
Net Assets in Top 10 | 90.9 M | 618 K | 62.8 B | 76.42% |
Weighting of Top 10 | 24.52% | 11.4% | 118.9% | 79.06% |
Top 10 Holdings
- Tidewater Inc New 8% 3.54%
- Comcast Corp Class A 3.11%
- Holcim Ltd 2.80%
- OTHER COMMON STOCK (LONG) 2.76%
- OTHER COMMON STOCK (LONG) 2.76%
- OTHER COMMON STOCK (LONG) 2.76%
- OTHER COMMON STOCK (LONG) 2.76%
- OTHER COMMON STOCK (LONG) 2.76%
- OTHER COMMON STOCK (LONG) 2.76%
- OTHER COMMON STOCK (LONG) 2.76%
Asset Allocation
Weighting | Return Low | Return High | XSORX % Rank | |
---|---|---|---|---|
Stocks | 56.22% | 0.00% | 103.09% | 78.92% |
Bonds | 26.24% | 0.00% | 77.27% | 42.86% |
Other | 10.24% | -41.62% | 117.44% | 1.66% |
Cash | 3.72% | -10.21% | 100.00% | 28.71% |
Convertible Bonds | 3.39% | 0.00% | 23.84% | 6.84% |
Preferred Stocks | 0.19% | 0.00% | 23.88% | 14.15% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XSORX % Rank | |
---|---|---|---|---|
Financial Services | 31.60% | 0.00% | 38.77% | 1.40% |
Communication Services | 19.77% | 0.00% | 38.10% | 0.56% |
Technology | 18.25% | 0.00% | 44.21% | 57.00% |
Basic Materials | 11.53% | 0.00% | 33.35% | 2.24% |
Industrials | 6.11% | 0.00% | 24.37% | 93.98% |
Consumer Cyclical | 5.66% | 0.00% | 19.36% | 85.71% |
Utilities | 2.96% | 0.00% | 99.55% | 47.48% |
Energy | 2.16% | 0.00% | 85.65% | 88.80% |
Consumer Defense | 1.95% | 0.00% | 15.14% | 93.84% |
Real Estate | 0.00% | 0.00% | 65.01% | 98.32% |
Healthcare | 0.00% | 0.00% | 29.35% | 98.60% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XSORX % Rank | |
---|---|---|---|---|
US | 40.10% | 0.00% | 103.09% | 85.99% |
Non US | 16.12% | 0.00% | 38.68% | 3.74% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XSORX % Rank | |
---|---|---|---|---|
Securitized | 42.29% | 0.00% | 92.13% | 3.63% |
Corporate | 41.51% | 0.00% | 98.21% | 27.79% |
Cash & Equivalents | 16.21% | 0.00% | 100.00% | 5.27% |
Derivative | 0.00% | -3.07% | 46.02% | 53.54% |
Municipal | 0.00% | 0.00% | 24.80% | 81.70% |
Government | 0.00% | 0.00% | 97.26% | 95.81% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XSORX % Rank | |
---|---|---|---|---|
US | 14.36% | 0.00% | 77.27% | 49.38% |
Non US | 11.88% | 0.00% | 14.17% | 0.69% |
XSORX - Expenses
Operational Fees
XSORX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.03% | 17.63% | 58.21% |
Management Fee | 0.73% | 0.00% | 1.83% | 86.36% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
XSORX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XSORX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XSORX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 0.00% | 343.00% | 57.19% |
XSORX - Distributions
Dividend Yield Analysis
XSORX | Category Low | Category High | XSORX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 15.61% | 98.62% |
Dividend Distribution Analysis
XSORX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Annual |
Net Income Ratio Analysis
XSORX | Category Low | Category High | XSORX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.05% | -2.34% | 19.41% | 14.81% |
Capital Gain Distribution Analysis
XSORX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 15, 2019 | $0.250 | OrdinaryDividend |
Mar 15, 2019 | $0.250 | OrdinaryDividend |
Dec 15, 2018 | $3.200 | ExtraDividend |
Sep 15, 2018 | $0.229 | OrdinaryDividend |
Jun 15, 2018 | $0.229 | OrdinaryDividend |
Mar 15, 2018 | $0.229 | OrdinaryDividend |
Dec 15, 2017 | $0.403 | ExtraDividend |
Sep 15, 2017 | $0.317 | OrdinaryDividend |
Jun 15, 2017 | $0.317 | OrdinaryDividend |
Mar 15, 2017 | $0.317 | OrdinaryDividend |
Dec 15, 2016 | $0.317 | OrdinaryDividend |
Sep 15, 2016 | $0.371 | OrdinaryDividend |
Jun 15, 2016 | $0.371 | OrdinaryDividend |
Mar 15, 2016 | $30.445 | ExtraDividend |
Dec 15, 2015 | $0.272 | ExtraDividend |
Sep 15, 2015 | $0.382 | OrdinaryDividend |
Jun 15, 2015 | $0.382 | OrdinaryDividend |
Mar 15, 2015 | $0.382 | OrdinaryDividend |
Dec 15, 2014 | $0.450 | ExtraDividend |
Sep 15, 2014 | $0.355 | OrdinaryDividend |
Jun 15, 2014 | $0.355 | OrdinaryDividend |
Mar 15, 2014 | $0.355 | OrdinaryDividend |
Dec 15, 2013 | $0.332 | OrdinaryDividend |
Sep 15, 2013 | $0.332 | OrdinaryDividend |
Jun 15, 2013 | $0.332 | OrdinaryDividend |
Mar 15, 2013 | $0.332 | OrdinaryDividend |
Dec 15, 2012 | $0.235 | ExtraDividend |
Sep 15, 2012 | $0.307 | OrdinaryDividend |
Jun 15, 2012 | $0.307 | OrdinaryDividend |
Mar 15, 2012 | $0.307 | OrdinaryDividend |
Dec 15, 2011 | $0.329 | OrdinaryDividend |
Sep 15, 2011 | $0.329 | OrdinaryDividend |
Jun 15, 2011 | $0.329 | OrdinaryDividend |
Mar 15, 2011 | $0.329 | OrdinaryDividend |
Dec 15, 2010 | $0.263 | OrdinaryDividend |
Sep 15, 2010 | $0.263 | OrdinaryDividend |
Jun 15, 2010 | $0.263 | OrdinaryDividend |
Mar 15, 2010 | $0.263 | OrdinaryDividend |
Dec 15, 2009 | $0.219 | OrdinaryDividend |
Sep 15, 2009 | $0.219 | OrdinaryDividend |
Jun 15, 2009 | $0.219 | OrdinaryDividend |
Mar 15, 2009 | $0.219 | OrdinaryDividend |
Dec 15, 2008 | $0.219 | OrdinaryDividend |
Sep 15, 2008 | $0.439 | OrdinaryDividend |
Jun 15, 2008 | $0.439 | OrdinaryDividend |
Mar 15, 2008 | $0.439 | OrdinaryDividend |
Dec 15, 2007 | $0.439 | OrdinaryDividend |
Sep 15, 2007 | $0.439 | OrdinaryDividend |
Jun 15, 2007 | $0.439 | OrdinaryDividend |
Mar 15, 2007 | $0.439 | OrdinaryDividend |
Dec 15, 2006 | $0.439 | OrdinaryDividend |
Sep 15, 2006 | $0.434 | OrdinaryDividend |
Jun 15, 2006 | $0.434 | OrdinaryDividend |
Mar 15, 2006 | $0.434 | OrdinaryDividend |
Dec 15, 2005 | $0.638 | ExtraDividend |
Sep 15, 2005 | $0.425 | OrdinaryDividend |
Jun 15, 2005 | $0.425 | OrdinaryDividend |
Mar 15, 2005 | $0.425 | OrdinaryDividend |
Dec 15, 2004 | $0.425 | OrdinaryDividend |
Sep 15, 2004 | $0.425 | OrdinaryDividend |
Jun 15, 2004 | $0.425 | OrdinaryDividend |
Mar 15, 2004 | $0.425 | OrdinaryDividend |
Dec 15, 2003 | $0.372 | OrdinaryDividend |
Sep 15, 2003 | $0.372 | OrdinaryDividend |
Jun 15, 2003 | $0.372 | OrdinaryDividend |
Mar 15, 2003 | $0.372 | OrdinaryDividend |
Dec 15, 2002 | $0.489 | OrdinaryDividend |
Sep 15, 2002 | $0.489 | OrdinaryDividend |
Jun 15, 2002 | $0.489 | OrdinaryDividend |
Mar 15, 2002 | $0.489 | OrdinaryDividend |
Dec 15, 2001 | $0.489 | OrdinaryDividend |
Sep 15, 2001 | $0.489 | OrdinaryDividend |
Jun 15, 2001 | $0.489 | OrdinaryDividend |
Mar 15, 2001 | $0.489 | OrdinaryDividend |
Dec 15, 2000 | $0.791 | OrdinaryDividend |
Sep 15, 2000 | $0.489 | OrdinaryDividend |
Jun 15, 2000 | $0.489 | OrdinaryDividend |
Mar 15, 2000 | $0.468 | OrdinaryDividend |
Dec 15, 1999 | $0.468 | OrdinaryDividend |
Sep 15, 1999 | $0.468 | OrdinaryDividend |
Jun 15, 1999 | $0.447 | OrdinaryDividend |
Mar 15, 1999 | $0.447 | OrdinaryDividend |
Dec 15, 1998 | $0.447 | OrdinaryDividend |
Sep 15, 1998 | $0.447 | OrdinaryDividend |
Jun 15, 1998 | $0.447 | OrdinaryDividend |
Mar 15, 1998 | $0.425 | OrdinaryDividend |
Dec 15, 1997 | $0.425 | OrdinaryDividend |
Sep 15, 1997 | $0.425 | OrdinaryDividend |
Jun 15, 1997 | $0.393 | OrdinaryDividend |
Mar 15, 1997 | $0.393 | OrdinaryDividend |
Dec 15, 1996 | $0.393 | OrdinaryDividend |
Sep 15, 1996 | $0.393 | OrdinaryDividend |
Jun 15, 1996 | $0.393 | OrdinaryDividend |
Mar 15, 1996 | $0.393 | OrdinaryDividend |
Dec 15, 1995 | $0.383 | OrdinaryDividend |
Sep 15, 1995 | $0.383 | OrdinaryDividend |
Jun 15, 1995 | $0.383 | OrdinaryDividend |
Mar 16, 1995 | $0.383 | OrdinaryDividend |
Dec 15, 1994 | $0.383 | OrdinaryDividend |
Sep 15, 1994 | $0.383 | OrdinaryDividend |
Jun 15, 1994 | $0.383 | OrdinaryDividend |
Mar 15, 1994 | $0.383 | OrdinaryDividend |
Dec 15, 1993 | $0.383 | OrdinaryDividend |
Sep 15, 1993 | $0.383 | OrdinaryDividend |
Jun 15, 1993 | $0.383 | OrdinaryDividend |
Mar 15, 1993 | $0.383 | OrdinaryDividend |
Dec 15, 1992 | $0.383 | OrdinaryDividend |
Sep 15, 1992 | $0.383 | OrdinaryDividend |
Jun 15, 1992 | $0.383 | OrdinaryDividend |
Mar 15, 1992 | $0.383 | OrdinaryDividend |
Dec 15, 1991 | $0.383 | OrdinaryDividend |
Sep 15, 1991 | $0.383 | OrdinaryDividend |
Jun 15, 1991 | $0.383 | OrdinaryDividend |
Mar 15, 1991 | $0.383 | OrdinaryDividend |
Dec 15, 1990 | $0.383 | OrdinaryDividend |
Sep 15, 1990 | $0.383 | OrdinaryDividend |
Jun 15, 1990 | $0.383 | OrdinaryDividend |
Mar 15, 1990 | $0.383 | OrdinaryDividend |
Dec 15, 1989 | $0.383 | OrdinaryDividend |
Sep 15, 1989 | $0.383 | OrdinaryDividend |
XSORX - Fund Manager Analysis
Managers
Steven Romick
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
Steven Romick, CFA, Managing Partner, joined FPA in 1996. Steven serves as Portfolio Manager for the FPA Contrarian Value Strategy, the FPA Contrarian Value Equity Strategy, Source Capital, Inc., and Co-Portfolio Manager for the FPA Multi-Advisor Strategy. Prior to joining FPA, Steven was Chairman of Crescent Management and a consulting security analyst for Kaplan, Nathan & Co. Steven earned a Bachelor's degree in Education from Northwestern University.
Brian Selmo
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
Brian A. Selmo, CFA, Partner, joined FPA in 2008. Brian serves as Portfolio Manager and Director of Research for the FPA Contrarian Value Strategy, the FPA Contrarian Value Equity Strategy, and Source Capital, Inc. Prior to joining FPA, Brian was founder and managing member of Eagle Lake Capital, LLC, and Portfolio Manager of its predecessor. Previously, he was an analyst at Third Avenue Management and Rothschild, Inc. Brian earned a Bachelor's degree in Economics (with honors) from The Johns Hopkins University, where he graduated Phi Beta Kappa.
Abhijeet Patwardhan
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
Abhijeet Patwardhan is a Partner (since January 2017) and a Director of Research (since April 2015) of First Pacific Advisors, LLC. Previously Mr. Patwardhan served as Managing Director of the Adviser from November 2015 to January 2017, Senior Vice President from January 2014 to November 2015 and as an analyst and Vice President from June 2010 to December 2013
Thomas Atteberry
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
Thomas H. Atteberry, CFA, Partner at FPA, joined the firm in 1997. Thomas is the CEO of FPA New Income and a manager of the Absolute Fixed Income Strategy. Prior to joining FPA, Tom served as Chief Fixed Income Strategist of Fifth Third Bank and Chief Investment Officer of Mercantile Bank in Joplin, MO. He received a Bachelor’s degree in Business Administration from Texas Christian University.
Mark Landecker
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
Mark Landecker, CFA, Partner, joined FPA in 2009. Mark serves as Portfolio Manager for the FPA Contrarian Value Strategy, the FPA Contrarian Value Equity Strategy, and Source Capital, Inc. Prior to joining FPA, Mark served as Portfolio Manager at both Kinney Asset Management and Arrow Investments, Inc., and as associate at TD Capital and PricewaterhouseCoopers. Mark earned a BBA (with honors) from the Schulich School of Business, York University, Toronto, Canada.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.33 | 2.41 |