MSIF
MSC Income Fund, Inc.MSIF
MSIF
About: MSC Income Fund Inc is a non-diversified closed-end management investment company. The investment objective is to generate current income through debt and equity investments and the secondary objective is to generate long-term capital appreciation through such investments. The company invests in senior secured term loans, second lien loans, and mezzanine debt and selected equity investments issued by lower middle-market and middle-market companies.
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Funds holding %
of 7,398 funds
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Analysts bullish %
Fund manager confidence
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17.50
8%
upside
Avg. target
$18.75
16%
upside
High target
$20
23%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Paul Johnson 67% 1-year accuracy 8 / 12 met price target | 8%upside $17.50 | Market Perform Initiated | 25 Feb 2025 |
Truist Securities Mark Hughes 76% 1-year accuracy 45 / 59 met price target | 23%upside $20 | Buy Initiated | 24 Feb 2025 |
Financial journalist opinion
Based on 9 articles about MSIF published over the past 30 days
Positive
Seeking Alpha
1 week ago
My BDC Portfolio And The Strategy For Alpha Going Forward
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis, the portfolio is slightly down.
Positive
Seeking Alpha
1 week ago
MSC Income Fund: I Like What I See, But Investors Shouldn't Get Too Excited Yet
MSC Income Fund, managed by Main Street Capital, shows stable financials and growth but has a short track record, making it a hold for now. The BDC's leverage ratio is solid at 0.90x, and it has less exposure to floating-rate debt compared to peers, which is a positive. MSC Income Fund takes equity stakes in all lower middle-market borrowers, providing additional income sources and unrealized appreciation.
Neutral
PRNewsWire
1 week ago
MSC Income Fund Amends and Extends its SPV Credit Facility
Interest Rate Reduced; Maturity of the Facility Extended to February 2030 HOUSTON , March 25, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) (the "Company") is pleased to announce that its wholly-owned subsidiary, MSIF Funding, LLC, recently amended its special purpose vehicle revolving credit facility (the "SPV Facility") with JPMorgan Chase Bank, National Association. The recently closed amendment decreases the interest rate to three-month Secured Overnight Financing Rate ("SOFR") plus 2.20% from the prior interest rate of three-month SOFR plus 3.00% per annum.
Neutral
Seeking Alpha
2 weeks ago
MSC Income Fund, Inc. (MSIF) Q4 2024 Earnings Call Transcript
MSC Income Fund, Inc. (NYSE:MSIF ) Q4 2024 Earnings Conference Call March 20, 2025 10:00 AM ET Company Participants Zach Vaughan - IR Dwayne Hyzak - CEO David Magdol - President and Chief Investment Officer Nick Meserve - Managing Director and Head of Private Credit Investment Group Cory Gilbert - CFO Conference Call Participants Kenneth Lee - RBC Capital Robert Dodd - Raymond James Mark Hughes - Truist Securities Brian McKenna - Citizens JMP Paul Johnson - KBW Cory Johnson - UBS Operator Greetings, and welcome to MSC Income Fund Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen only mode.
Neutral
PRNewsWire
2 weeks ago
MSC INCOME FUND ANNOUNCES 2024 FOURTH QUARTER AND ANNUAL RESULTS
Fourth Quarter 2024 Net Investment Income of $0.35 Per Share Net Asset Value of $15.53 Per Share HOUSTON , March 19, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income") is pleased to announce its financial results for the fourth quarter and full year ended December 31, 2024. Unless otherwise noted or the context otherwise indicates, the terms the "Company" and the "Fund" refer to MSC Income and its consolidated subsidiaries.
Positive
Seeking Alpha
2 weeks ago
1 BDC And 1 MLP For 9% Non-Cyclical Retirement Income
The recent events in the market have made risk mitigation a relevant topic once again. This is especially important for investors, who want to maximize yield, while keeping the risks balanced (and income cut distant). In this article I have shared two picks, which offer close to 9% yields and the necessary fundamentals to deliver non-cyclical (de-risked) distributions.
Negative
Seeking Alpha
3 weeks ago
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
Positive
Seeking Alpha
3 weeks ago
MSIF: Similar To MAIN, Just Better
MSC Income Fund (MSIF) is a newly publicly traded BDC with a very similar strategy and portfolio as MAIN. In fact it is externally managed by MAIN. Yet, the most notable difference lies in the P/NAV multiples. For MSIF the metric stands at 1.1x, while for MAIN at 1.9x. In the article I share several reasons why I like MSIF much better than MAIN and why I will likely add it to my actual BDC portfolio by the end of this month.
Neutral
PRNewsWire
4 weeks ago
MSC Income Fund Announces Second Quarter Regular Quarterly Dividend and Supplemental Quarterly Dividend
Regular Quarterly Dividend of $0.35 per Share and Supplemental Quarterly Dividend of $0.01 per Share Payable May 1, 2025 HOUSTON , March 7, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) (the "Company") is pleased to announce that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share for the second quarter of 2025 payable in May 2025. Second Quarter 2025 Regular Quarterly Dividend Declared Record Date Payment Date Amount Per Share 3/6/2025 3/31/2025 5/1/2025 $0.35 In addition to the regular quarterly dividend for the second quarter of 2025, the Board of Directors declared a supplemental quarterly cash dividend of $0.01 per share payable in May 2025.
Neutral
PRNewsWire
1 month ago
MSC Income Fund Announces Amendment of its Corporate Credit Facility
Total Commitments Increased $80.0 million to $245.0 million Accordion Feature Increased $100.0 million to $300.0 million HOUSTON , March 4, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) (the "Company") is pleased to announce the amendment of its senior secured revolving credit facility (the "Corporate Facility"). The recently closed amendment provides an increase in total commitments from $165.0 million to $245.0 million.
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