MSC Income Fund Files Amended 10-Q
Ticker: MSIF · Form: 10-Q/A · Filed: Nov 15, 2024 · CIK: 1535778
| Field | Detail |
|---|---|
| Company | Msc Income Fund, Inc. (MSIF) |
| Form Type | 10-Q/A |
| Filed Date | Nov 15, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, 10-Q, financials
TL;DR
MSCI Income Fund amended its Q3 2024 10-Q. Check financials.
AI Summary
MSC Income Fund, Inc. filed an amended 10-Q for the period ending September 30, 2024. The filing provides updated financial information for the company, which was formerly known as HMS Income Fund, Inc. before a name change on November 29, 2011. The company's fiscal year ends on December 31st.
Why It Matters
This amended filing provides updated financial disclosures for investors and stakeholders of MSC Income Fund, Inc., ensuring transparency in their investment decisions.
Risk Assessment
Risk Level: low — This filing is an amendment to a standard quarterly report and does not indicate any new or unusual risks.
Key Numbers
- 2024-09-30 — Reporting Period End (Updated financial data for this date is provided.)
- 2024-11-15 — Filing Date (Date the amended 10-Q was filed.)
Key Players & Entities
- MSC INCOME FUND, INC. (company) — Filer
- HMS INCOME FUND, INC. (company) — Former Company Name
- 2024-09-30 (date) — Reporting Period End Date
- 2024-11-15 (date) — Filing Date
FAQ
What is the purpose of this 10-Q/A filing?
This is an amended 10-Q filing for MSC Income Fund, Inc., providing updated financial information for the period ending September 30, 2024.
When is MSC Income Fund, Inc.'s fiscal year end?
MSC Income Fund, Inc.'s fiscal year ends on December 31st.
What was MSC Income Fund, Inc. previously named?
The company was formerly known as HMS INCOME FUND, INC.
On what date did the company change its name?
The company changed its name on November 29, 2011.
What is the filing date of this amended report?
This amended 10-Q was filed on November 15, 2024.
Filing Stats: 4,729 words · 19 min read · ~16 pages · Grade level 13 · Accepted 2024-11-14 19:57:37
Filing Documents
- msif-20240930.htm (10-Q/A) — 7954KB
- msif-2024930xex311.htm (EX-31.1) — 10KB
- msif-2024930xex312.htm (EX-31.2) — 10KB
- msif-2024930xex321.htm (EX-32.1) — 4KB
- msif-2024930xex322.htm (EX-32.2) — 4KB
- 0001535778-24-000195.txt ( ) — 32520KB
- msif-20240930.xsd (EX-101.SCH) — 101KB
- msif-20240930_cal.xml (EX-101.CAL) — 53KB
- msif-20240930_def.xml (EX-101.DEF) — 536KB
- msif-20240930_lab.xml (EX-101.LAB) — 837KB
- msif-20240930_pre.xml (EX-101.PRE) — 621KB
- msif-20240930_htm.xml (XML) — 7528KB
Notes to Consolidated Financial Statements (unaudited)
Notes to Consolidated Financial Statements (unaudited) 49 Consolidated Schedules of Investments in and Advances to Affiliates (unaudited)— Nine months ended September 30, 2024 and 2023 86 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 96 Item 3.
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 112 Item 4.
Controls and Procedures
Controls and Procedures 113 PART II OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 114 Item 1A.
Risk Factors
Risk Factors 114 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 114 Item 5. Other Information 114 Item 6. Exhibits 116
Signatures
Signatures 117 Table of contents MSC INCOME FUND, INC. Consolidated Balance Sheets (in thousands, except shares and per share amounts) September 30, 2024 December 31, 2023 ASSETS (Unaudited) Investments at fair value: Control investments (cost: $ 41,717 and $ 43,159 as of September 30, 2024 and December 31, 2023, respectively) $ 56,833 $ 53,644 Affiliate investments (cost: $ 254,666 and $ 231,378 as of September 30, 2024 and December 31, 2023, respectively) 315,190 291,279 NonControl/NonAffiliate investments (cost: $ 836,194 and $ 763,781 as of September 30, 2024 and December 31, 2023, respectively) 790,604 747,972 Total investments (cost: $ 1,132,577 and $ 1,038,318 as of September 30, 2024 and December 31, 2023, respectively) 1,162,627 1,092,895 Cash and cash equivalents 48,926 30,786 Interest and dividend receivable 11,597 10,541 Receivable for securities sold — 171 Deferred financing costs (net of accumulated amortization of $ 6,282 and $ 4,168 as of September 30, 2024 and December 31, 2023, respectively) 1,327 3,416 Prepaids and other assets 2,805 2,091 Total assets $ 1,227,282 $ 1,139,900 LIABILITIES Credit Facilities $ 406,688 $ 335,688 Series A Notes due 2026 (par: $ 150,000 as of both September 30, 2024 and December 31, 2023) 149,379 149,155 Accounts payable and other liabilities 3,609 255 Payable for securities purchased 11,655 206 Interest payable 8,631 6,266 Dividend payable 14,478 14,019 Management and incentive fees payable 7,474 8,745 Deferred tax liability, net 6,883 3,259 Total liabilities 608,797 517,593 Commitments and contingencies (Note I) NET ASSETS Common stock, $ 0.001 par value per share ( 450,000,000 shares authorized; 80,434,891 and 80,108,865 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively) 80 80 Additional paidin capital 689,949 686,136 Total overdistributed earnings ( 71,544 ) ( 63,909 ) Total net assets 618,485 622,307 Total liabilities and net a