Earnings Releases·Nov 5, 2026, 4:40 PM ET

MSC Income Fund — Third Quarter 2026 Earnings Summary

Net investment income (NII) declined 13% year-over-year to $14.4 million ($0.32/share), while adjusted NII fell 8% to $15.3 million ($0.34/share); total investment income remained essentially flat at $35.5 million.
Net increase in net assets from operations dropped 32% to $18.1 million ($0.40/share) as total expenses rose 9.6% to $20.1 million, driven by higher interest costs and incentive fee accruals.
Management announced a share repurchase plan for up to $20.0 million (September 2026–February 2027) and completed a $75.0 million tranche of a $150.0 million private notes offering, with the second tranche issued in October 2026.
Leadership transition confirmed with Nick Meserve succeeding Dwayne L. Hyzak as CEO effective November 9, 2026, while Hyzak assumes the role of Executive Chairman.
Fund declared a regular quarterly dividend of $0.33 per share plus a $0.03 supplemental dividend for Q3 2026, maintaining a stable BBB- credit rating with aggregate liquidity of $224.7 million.