MSC Income Fund Posts 22% Gain
MSC Income Fund (NYSE:MSIF), a business development company specializing in private loans and lower middle market investments, reported its second-quarter fiscal 2025 results on August 13, 2025. The company delivered net investment income of $0.35 per share, a 6% increase from the prior year, but missed the analyst consensus by $0.01 on a GAAP basis. Total investment income (GAAP) reached $35.6 million, slightly below the GAAP street estimate of $35.75 million and up 5% year over year (GAAP). The quarter showed progress in core income generation and cost control, but net asset value per share dipped to $15.33 as of June 30, 2025, due to lower unrealized portfolio gains. Management maintained its regular and supplemental dividend, and the results point to resilience in earnings balanced by some capital appreciation challenges.
Source: MSC Income Fund. Note: Analyst estimates for the quarter provided by FactSet.
MSC Income Fund operates as a business development company investing primarily in private loans made to companies with revenues between $25 million and $500 million. It also manages legacy portfolios in the lower middle market segment, with a stated focus on placements secured by a first-priority lien. This strategy is designed to provide consistent investment Income while preserving capital through robust credit standards and diversified portfolios.
Source Fool.com
