MSC INCOME FUND, INC.
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
MSIF$12.52-0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of contents
| PART I | ||
|---|---|---|
| FINANCIAL INFORMATION | ||
| Item 1. · Consolidated Financial Statements | ||
| Consolidated Balance Sheets—September 30, 2026 (unaudited) and December 31, 2025 | 1 | |
| Consolidated Statements of Operations (unaudited)—Three and nine months ended September 30, 2026 and 2025 | 2 | |
| Consolidated Statements of Changes in Net Assets (unaudited)—Three and nine months ended September 30, 2026 and 2025 | 3 | |
| Consolidated Statements of Cash Flows (unaudited)—Nine months ended September 30, 2026 and 2025 | 4 | |
| Consolidated Schedule of Investments (unaudited)—September 30, 2026 | 5 | |
| Consolidated Schedule of Investments—December 31, 2025 | 26 | |
| Notes to Consolidated Financial Statements (unaudited) | 46 | |
| Consolidated Schedules of Investments in and Advances to Affiliates (unaudited)—Nine months ended September 30, 2026 and 2025 | 91 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 101 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 122 |
| Item 4. | Controls and Procedures | 123 |
| PART II | ||
| OTHER INFORMATION | ||
| Item 1. | Legal Proceedings | 124 |
| Item 1A. | Risk Factors | 124 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 124 |
| Item 5. | Other Information | 124 |
| Item 6. | Exhibits | 126 |
| Signatures | 127 | |
Consolidated Balance Sheets
(in thousands, except shares and per share amounts)
| September 30,2026 | December 31,2025 | |
|---|---|---|
| ASSETS · (Unaudited) | ||
| Investments at fair value: | ||
| Control investments (cost: $62,054 and $52,550, respectively) | $65,964 | $58,372 |
| Affiliate investments (cost: $326,166 and $322,074, respectively) | 420,330 | 406,771 |
| Non‑Control/Non‑Affiliate investments (cost: $899,489 and $885,299, respectively) | 892,494 | 870,244 |
| Total investments (cost: $1,287,709 and $1,259,923, respectively) | 1,378,788 | 1,335,387 |
| Cash and cash equivalents | 27,332 | 20,635 |
| Interest and dividend receivable | 11,137 | 12,273 |
| Prepaids and other assets | 16,235 | 9,546 |
| Deferred financing costs (net of accumulated amortization of $7,916 and $7,259, respectively) | 2,685 | 3,190 |
| Total assets | $1,436,177 | $1,381,031 |
| LIABILITIES | ||
| Credit Facilities | $272,000 | $453,000 |
| October 2026 Notes (net of unamortized debt issuance costs of $25 and $249, respectively) | 149,975 | 149,751 |
| May 2029 Notes (net of unamortized debt issuance costs of $659) | 149,341 | — |
| September 2029 Notes (net of unamortized debt issuance costs of $587) | 74,413 | — |
| Accounts payable and other liabilities | 2,146 | 786 |
| Interest payable | 12,290 | 5,946 |
| Dividend payable | — | 16,772 |
| Base management and incentive fees payable | 7,887 | 8,388 |
| Capital gains incentive fee accrual | 5,957 | 2,763 |
| Deferred tax liability, net | 12,217 | 4,966 |
| Total liabilities | 686,226 | 642,372 |
| Commitments and contingencies (Note I) | ||
| NET ASSETS | ||
| Common stock, $0.001 par value per share (450,000,000 shares authorized; 45,291,451 and 46,588,608 shares issued and outstanding, respectively) | 45 | 47 |
| Additional paid-in capital | 765,308 | 782,007 |
| Total overdistributed earnings | (15,402) | (43,395) |
| Total net assets | 749,951 | 738,659 |
| Total liabilities and net assets | $1,436,177 | $1,381,031 |
| NET ASSET VALUE PER SHARE | $16.56 | $15.85 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.