Source Capital, Inc. (NYSE:SOR) has announced that it has filed its Certified Shareholder Report with the US Securities and Exchange Commission for the year ended December 31, 2009. The report contains the company’s 2009 Annual Report. The Form is available for review on the SEC website at www.sec.gov. The company reported total assets for 2009 as $490,042,573. The previous year reported total net assets of $353,720,341. The net asset value per common share was reported at $50.36, compared to the previous year’s $34.61.
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Source Capital, Inc. is a diversified closed-end management investment company. The Company’s investment objective is to seek maximum total return from both capital appreciation and investment income. Source Capital, Inc.'s investment approach emphasizes primarily equity and equity-related investments. The Company’s investment portfolio includes a range of securities with primary emphasis on common stock and convertible debentures. The Company invests in various industries, including business services and supplies, durable goods producers, retailing, energy, technology, healthcare, transportation, entertainment, financial, consumer durable goods and real estate investment trusts. Its portfolio also includes preferred stocks, non-convertible bonds and debentures, and short-term investments.
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