<SEC-DOCUMENT>0001104659-24-023867.txt : 20240214
<SEC-HEADER>0001104659-24-023867.hdr.sgml : 20240214
<ACCEPTANCE-DATETIME>20240214164946
ACCESSION NUMBER:		0001104659-24-023867
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20231231
FILED AS OF DATE:		20240214
DATE AS OF CHANGE:		20240214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OSBORNE ALFRED E JR
		CENTRAL INDEX KEY:			0001213324
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-01731
		FILM NUMBER:		24639743

	MAIL ADDRESS:	
		STREET 1:		C/O UCLA ANDERSON SCHOOL OF MANAGEMENT
		STREET 2:		110 WESTWOOD PLAZA, F405
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90095

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOURCE CAPITAL INC /DE/
		CENTRAL INDEX KEY:			0000091847
		ORGANIZATION NAME:           	
		IRS NUMBER:				941679410
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		235 W. GALENA STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53212
		BUSINESS PHONE:		310-473-0225

	MAIL ADDRESS:	
		STREET 1:		235 W. GALENA STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53212

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMC INVESTMENT CORP
		DATE OF NAME CHANGE:	19721123
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>tm246232-2_5seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2023-12-31</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>0</form4TransactionsReported>

    <issuer>
        <issuerCik>0000091847</issuerCik>
        <issuerName>SOURCE CAPITAL INC /DE/</issuerName>
        <issuerTradingSymbol>SOR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001213324</rptOwnerCik>
            <rptOwnerName>OSBORNE ALFRED E JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>11601 WILSHIRE BLVD, STE 1200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <remarks>Retired as director as of June 20, 2023.</remarks>

    <ownerSignature>
        <signatureName>/s/ Alfred E. Osborne Jr.</signatureName>
        <signatureDate>2024-02-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
