MSC Income Fund presents private loan investment strategy
MSIF•MSC Income Fund said new portfolio investments will focus exclusively on private loans, which totaled $843.8 million at fair value, or 61% of total investments. Non-accrual investments were 1.4% of the portfolio at fair value and 5.2% at cost.
1. Portfolio strategy
MSC Income Fund said it is focusing new portfolio investments exclusively on private loans and limiting lower-middle-market investments to follow-on funding. Its private loan portfolio totaled $843.8 million at fair value, representing 61% of total investments.
2. Other updates
Non-accrual investments represented 1.4% of the portfolio at fair value and 5.2% at cost. The share repurchase plan had $17.3 million remaining as of September 30, 2026, and expires in February 2027. Nick Meserve is scheduled to become CEO in the fourth quarter of 2026, as Dwayne Hyzak transitions to executive chairman.
