As of September 30, 2024, MSC Income Fund, Inc. reported a total investment portfolio valued at $1.16 billion, reflecting an increase from $1.09 billion at the end of the previous fiscal year. The fair value of control investments rose to $56.8 million, while affiliate investments increased to $315.2 million. Non-control/non-affiliate investments also saw a rise, reaching $790.6 million. The company’s total assets grew to $1.23 billion, up from $1.14 billion, while total liabilities increased to $608.8 million from $517.6 million, resulting in net assets of $618.5 million.

For the three months ended September 30, 2024, MSC Income Fund reported total investment income of $33.5 million, a 3% increase from $32.4 million in the same period of 2023. Net investment income remained stable at $14.2 million, while total expenses rose to $19.3 million, up from $18.2 million. The net realized gain for the quarter was $25.4 million, a significant increase from $0.4 million in the prior year, although net unrealized depreciation was reported at $29.7 million.

For the nine months ended September 30, 2024, total investment income increased to $101.4 million from $96.6 million in 2023. Net investment income for this period was $43.1 million, slightly up from $42.6 million. However, the net increase in net assets resulting from operations decreased to $36.1 million from $44.9 million in the previous year, primarily due to a reversal of unrealized appreciation in the Private Loan portfolio.

The company’s cash and cash equivalents rose to $48.9 million, compared to $30.8 million at the end of 2023. MSC Income Fund also reported a net cash increase of $18.1 million for the nine months ended September 30, 2024. The fund's debt obligations totaled $556.7 million, with a significant portion under credit facilities and Series A Notes.

Strategically, MSC Income Fund has been active in share repurchases, funding $12.3 million for shares tendered for repurchase in the nine months ended September 30, 2024. The company has also initiated modified Dutch auction tender offers to enhance liquidity for stockholders. Additionally, the Board of Directors has approved the suspension of the share repurchase program in anticipation of a potential listing on a national securities exchange.

Overall, MSC Income Fund's performance reflects a solid increase in investment income and strategic maneuvers aimed at enhancing shareholder value, despite challenges in net asset growth and unrealized depreciation.