PR Newswire·Aug 6, 2026, 4:20 PM ET

MSC INCOME FUND ANNOUNCES SECOND QUARTER 2026 RESULTS

MSIF

MSC Income Fund reported second quarter 2026 net investment income of $0.26 per share, adjusted net investment income of $0.33 per share, & adjusted net investment income before taxes of $0.36 per share.
The fund announced a shift in dividend payment frequency from quarterly to monthly starting in July 2026, declaring $0.33 per share for the third quarter of 2026 ($0.11 monthly).
A supplemental dividend of $0.03 per share was declared for payment in September 2026, bringing total second quarter dividends to $0.36 per share.
Net asset value reached $16.51 per share as of June 30, 2026, reflecting a 4.0% increase from the prior quarter & an annualized return on equity of 15.9%.
The fund completed $62.2 million in private loan portfolio investments, resulting in a net cost basis increase of $9.7 million, & $13.1 million in lower middle market follow-on investments.
A realized gain of $11.6 million was recorded from exiting the Centre Technologies Holdings, LLC lower middle market portfolio company.
Total investment income rose 2% to $35.7 million, driven by higher interest & fee income, while net investment income decreased 26% to $12.0 million due to increased expenses.
Total expenses increased 21.8% to $22.3 million, primarily due to a $2.9 million increase in the capital gains incentive fee accrual & higher interest expenses.
Liquidity as of June 30, 2026, totaled $210.5 million, comprising $28.1 million in cash & $182.4 million in unused credit facility capacity.
The board authorized a share repurchase plan allowing the fund to buy up to $20.0 million of shares from September 2026 to February 2027.
Parent company Main Street Capital authorized a separate plan to purchase up to $20.0 million of fund shares during the same period.
The fund maintains a BBB- credit rating from KBRA with a stable outlook & a debt-to-equity ratio of 0.88x.