SOURCE CAPITAL /DE/
For the period ended May 29, 2026. Filed Apr 7, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 29, 2026 · Filed Apr 7, 2026
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Contents
SOURCE CAPITAL
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 |
235 West Galena Street
Milwaukee, Wisconsin 53212
April 7, 2026
Dear Shareholder:
We are writing to inform you of the Annual Meeting of Shareholders (the “Meeting”) of Source Capital (the “Trust”) scheduled to be held at 10:00 a.m. Pacific Time on May 29, 2026, at the offices of Mutual Fund Administration LLC, 2220 East Route 66, Suite 226, Glendora, California 91740. A Notice of Annual Meeting of Shareholders, Proxy Statement regarding the Meeting, Proxy Card for your vote, and postage-paid envelope in which to return your Proxy Card are enclosed.
As a shareholder of the Trust,you are being asked to vote on the election of four (4) Trustee nominees (the “Nominees”), all of whom currently serve as Trustees of the Trust. The Trust’s Board of Trustees (the “Board”) has reviewed the qualifications and background of each of the Nominees and believes that they are experienced in overseeing an investment company, are familiar with the Trust and its investment adviser, and that their election is in the Trust’s best interests.
The Board unanimously recommends that you vote “FOR” the proposal. The proposal is discussed in more detail in the Proxy Statement, which you should read carefully.
Please exercise your right to vote by completing, dating and signing the enclosed Proxy Card or voting by telephone or Internet as described herein. A self-addressed, postage-paid envelope has been enclosed for your convenience.
Thank you for taking the time to consider this important proposal and for your continuing investment in the Trust.
Respectfully,
/s/ Diane J. Drake
Diane J. Drake
Secretary
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