MSC INCOME FUND, INC. (MSIF) Form 8-K — Aug 6, 2026

$MSIFForm 8-KItems 2.02, 9.01Filed Aug 6, 2026, 4:33 PM ET0001535778-26-000081Original filing

MSC Income Fund reported second quarter 2026 net investment income of $12.0 million, or $0.26 per share, down 26% year over year, while adjusted NII was $14.9 million, or $0.33 per share. Total investment income was roughly flat at $35.7 million as expenses net of waivers rose 21.8% to $22.3 million, driven by a $2.9 million capital gains incentive fee accrual and higher interest expense. Net asset value climbed to $16.51 per share, up 4.0% from March 31, 2026, helped by an $11.6 million realized gain on the full exit of LMM portfolio company Centre Technologies and $9.1 million of net unrealized appreciation. Quarterly annualized return on equity was 15.9%.

Key figures

Eps: $0.26 NII per share (Q2 2026) vs $0.35 (Q2 2025); net increase in net assets of $0.65 per share
Revenue: $35.7 million total investment income (Q2 2026)
Net Income: $29.3 million net increase in net assets resulting from operations (+80% YoY)
Total Debt: Credit Facilities $362.0 million outstanding plus $150.0 million October 2026 Notes and $150.0 million May 2029 Notes; debt-to-equity ratio 0.88x
Revenue Yoy: approximately flat (+$0.1M, 0%) vs Q2 2025
Total Assets: $1,443.8 million
Cash Position: $28.1 million cash and cash equivalents
Shares Outstanding: 45,345,229 weighted-average shares (Q2 2026)
Nii: $12.0 million ($0.26/share), down 26% YoY
Anii: $14.9 million ($0.33/share), down 8% YoY
Kbra rating: BBB- with stable outlook
Nav per share: $16.51 at June 30, 2026 (+4.0% vs March 31, 2026; +4.2% vs December 31, 2025)
May 2029 notes: $150.0 million at 6.34%, maturing May 31, 2029
Total net assets: $748.8 million
Anii before taxes: $16.3 million ($0.36/share), down 3% YoY
October 2026 notes: $150.0 million at 4.04%, maturing October 30, 2026
Aggregate liquidity: $210.5 million (including $182.4 million unused Credit Facility capacity)
Nonaccruals pct cost: 5.8%
Q3 regular dividends: $0.33/share total for Q3 2026 ($0.11 per month July-September 2026), moving to monthly payment frequency
Supplemental dividend: $0.03/share payable September 2026; total dividends declared in Q2 2026 of $0.36/share
Roe quarter annualized: 15.9%
Expenses net of waivers: $22.3 million, +21.8% YoY
Lmm portfolio fair value: $503.9 million across 55 companies
Fund buyback authorization: $20.0 million (September 2026-February 2027, when trading below NAV by pre-determined levels)
Nonaccruals pct fair value: 1.9%
Roe trailing twelve months: 13.5%
Private loan investments q2: $62.2 million
Lmm follow on investments q2: $13.1 million
Portfolio fair value to cost: 106%
Private loan portfolio fair value: $848.5 million across 81 companies
Realized gain centre technologies: $11.6 million on full exit of LMM portfolio company
Main street purchase authorization: $20.0 million; combined $40.0 million repurchase/purchase capacity
Capital gains incentive fee accrual increase: $2.9 million in Q2 2026

Price after filing

1 day: -1.0%7 days: +6.0%30 days: +9.1%

Close on the filing date to close N calendar days later (from $11.59). Historical, not a forecast.

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