Business
MSC INCOME FUND ANNOUNCES 2024 FOURTH QUARTER AND ANNUAL RESULTS
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.
About this update from Msc Income Fund, Inc.
[{"type":"text","content":"Fourth Quarter 2024 Net Investment Income of $0.35 Per Share","length":65,"tagName":"p","attribs":{}},{"type":"text","content":"Net Asset Value of $15.53 Per Share","length":35,"tagName":"p","attribs":{}},{"type":"text","content":"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.","length":379,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024 Highlights(1)","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net investment income of $14.2 million (or $0.35 per share)","length":59,"tagName":"p"}]},{"val":[{"type":"text","content":"Total investment income of $33.5 million","length":40,"tagName":"p"}]},{"val":[{"type":"text","content":"Net increase in net assets resulting from operations of $20.5 million (or $0.51 per share)","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Return on equity(2) of 13.2% on an annualized basis","length":51,"tagName":"p"}]},{"val":[{"type":"text","content":"Net asset value of $15.53 per share as of December 31, 2024, representing an increase of $0.15 per share, or 1.0%, compared to $15.38 per share as of September 30, 2024","length":168,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared regular quarterly dividends totaling $0.36 per share payable in the first quarter of 2025, representing a 2.9% increase from the regular quarterly dividends paid in the first quarter of 2024","length":199,"tagName":"p"}]},{"val":[{"type":"text","content":"Completed $29.5 million in total private loan portfolio investments, which after aggregate repayments of private loan portfolio debt investments and a decrease in cost basis due to a realized loss on a private loan portfolio investment resulted in a net decrease of $5.5 million in the total cost basis of the private loan investment portfolio","length":343,"tagName":"p"}]},{"val":[{"type":"text","content":"Completed $30.5 million in total lower middle market ("LMM") portfolio investments, including investments of $16.6 million in two new LMM portfolio companies, wh...