Business Description
Source Capital Inc. is a US-based closed-end fund that has been operating since 1968, overseen by First Pacific Advisors LLC. It focuses on undervalued shares of small and mid-sized American companies spread across a range of industries. Investment decisions are driven by careful company-level research, with particular attention to financial strength, adequate cash reserves, and the ability to generate strong returns over time. The fund measures its results against the Russell 2500, S&P 500, and Nasdaq Composite indices.