| Business Summary | | Source
Capital,
Inc.
is
a
diversified
investment
company
with
total
net
assets
of
approximately
$438,000,000.
The
Company's
investment
portfolio
includes
a
wide
range
of
securities
with
primary
emphasis
on
common
stock
and
convertible
debentures.
Source
Capital's
investment
objective
is
to
seek
maximum
total
return
for
Common
shareholders
from
both
capital
appreciation
and
investment
income
to
the
extent
consistent
with
protection
of
invested
capital
and
provision
of
sufficient
income
to
meet
the
dividend
requirements
of
Preferred
shareholders.
Source
Capital
is
not
a
mutual
fund.
Thus,
it
does
not
repurchase
its
own
shares
on
demand
and
does
not
need
to
structure
its
portfolio
securities
to
provide
for
possible
redemptions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Source
Capital,
Inc.
is
a
diversified,
closed-end
management
investment
company.
The
Company's
investment
portfolio
includes
a
wide
range
of
securities
with
primary
emphasis
on
Common
Stock
and
Convertibe
Debentures.
For
the
fiscal
year
ended
12/31/00,
investment
income
rose
6%
to
$9.3
million.
Net
investment
income
rose
8%
to
$5.5
million.
Net
increase
in
net
assets
applicable
to
Common
fell
57%
to
$34.1
million.
Net
asset
value
per
share
totalled
$48.62. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Eric Ende, 55 | Pres,
Director | Robert Rodriguez, 51 | Sr.
VP, Director | Steven Geist, 46 | Sr.
VP & Fixed-Income Mang. | J. Richard Atwood, 39 | Treasurer | Sherry Sasaki, 45 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|