MSIF
MSC Income Fund, Inc.
Price as of Jul 20, 2026
MSIF earnings
MSC Income Fund, Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 8, 2026 | $0.37 | $0.36 | -2.7% | $34M | -6.3% |
| Nov 13, 2025 | $0.37 | $0.35 | -5.4% | $35M | +0.2% |
| Aug 13, 2025 | $0.36 | $0.37 | +2.8% | $36M | -0.3% |
| Mar 19, 2025 | $0.36 | $0.35 | -2.8% | $17M | — |
| Jun 30, 2024 | — | $0.45 | — | $22M | — |
| Mar 31, 2024 | — | $0.26 | — | $13M | — |
| Dec 31, 2023 | — | $0.53 | — | $23M | — |
| Sep 30, 2023 | — | $0.33 | — | $15M | — |
| Jun 30, 2023 | — | $0.48 | — | $23M | — |
| Mar 31, 2023 | — | $0.31 | — | $14M | — |
| Dec 31, 2022 | — | $0.28 | — | $52M | — |
| Sep 30, 2022 | — | $0.38 | — | $17M | — |
Earnings call summary
Q1 FY2026 · May 8, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Pleased with the fund's performance in the first quarter despite economic and geopolitical uncertainties. - Saw an improved lending environment and increased opportunities in private loan investment strategy. - Fund generated adjusted net investment income of $0.34 per share and ANII before taxes of $0.36 per share. - NAV per share was $15.87, a $0.02 increase from prior quarter. - Changed regular dividend payment frequency from quarterly to monthly starting in July 2026. - Main Street Capital Corporation has provided support including purchasing fund shares and waiving incentives.
Guidance
- Private loan investment pipeline is average, but excited about current pipeline of new and follow-on investment opportunities. - Expect to continue maintaining a dividend policy with total quarterly dividends generally consistent with ANII before taxes per share.
Segment performance
Private loan investment portfolio: In the first quarter, the fund invested $55 million in the private loan portfolio, resulting in a net increase of $17 million. It accounts for 60% of the fund's total investment portfolio at fair value, with a weighted average yield of 10.5%. Legacy lower middle market investment portfolio: The fund completed $19 million in total lower middle market follow-on investments in the first quarter, resulting in a net increase of $15 million. It represents 37% of the fund's total investment portfolio, with 54% debt investments and 46% equity investments. The debt investments have a weighted average yield of 12.6%.
Analyst Q&A
Q: From Robert Dodd with Raymond James about forward outlook on private loan book growth.
A: Pace dictated by market opportunity, reliant on private equity sponsor activity.
Q: From Brian McKenna with Citizen about trajectory of ROEs.
A: Dictated by pace of growth/deployments and movement in non-accruals.
Q: From Aaron Siganovich with Truist Securities about lower middle market potential sales.
A: Exits result from portfolio company change of control, buyers are private equity firms or strategic buyers.
Q: From Corey Johnson with UBS about competition in lower middle market and moving up market.
A: Lower middle market has competition but still attractive, no plans to move up market.
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-08-06.