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Stock Market & Financial Investment News

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November 12, 2012
16:26 EDTSORSource Capital declares special year-end distribution due to capital gains
The Internal Revenue Code requires a regulated investment company to distribute substantially all of its net investment income and net realized capital gains to shareholders of record on or before December 31 in order to avoid the imposition of a federal excise tax. The special year-end distribution of 53c per share was declared because the company has realized substantial capital gains during 2012.
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