Source Capital Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01 Other Events
The Board of Directors of Source Capital, Inc. (the “Fund”) announced that it will reorganize into a Delaware Trust after the close of business on December 31, 2024, under the terms and conditions approved by shareholders at the Annual Meeting held in July 2024. Upon the reorganization, the Fund’s name will change to “Source Capital” and it will continue to trade on the NYSE under the SOR ticker. The Fund also announced that a special year-end distribution will be required for 2024. This year the special year-end distribution will still be taxable for 2024 but declared at or near the end of December paid in early January 2025. These matters are more fully described in the press release published on November 19, 2024, which is attached to this Current Report on Form 8-K as Exhibit 99.1
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release dated November 19, 2024 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Source Capital, Inc. | |
| Dated: November 19, 2024 | /s/ Diane J. Drake |
| Name: Diane J. Drake | |
| Title: Secretary |