MSC INCOME FUND, INC.(MSIF)Stock Analysis
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Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
MSIF Stock Analysis & AI Quality Score
AI stock analysis and institutional research for MSC INCOME FUND, INC. (MSIF). MSIF is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), MSC INCOME FUND, INC. reports net income of $13.2M, free cash flow of $-18.4M. Top institutional holders of MSIF by reported 13-F value include SANDERS MORRIS HARRIS, TWO SIGMA INVESTMENTS,, ARES MANAGEMENT, based on the most recent SEC filings. MSIF trades on the NYSE exchange and files with the SEC under CIK 1535778. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MSIF daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MSC INCOME FUND, INC. directly from SEC EDGAR.
Net Income
Q1 2026
$13.2M
Free Cash Flow
Q1 2026
$-18.4M
D/E Ratio
Q1 2026
0.90
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Net Income
+56.9% YoYEPS (Diluted)
-0.7% YoYTotal Assets
+12.8% YoYTotal Debt
+6.7% YoYOp. Cash Flow
-150.6% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Net Income | $88.7M +56.9% | $56.6M +24.1% | $45.6M -38.1% | $73.6M | — | — |
| EPS (Diluted) | $1.33 -0.7% | $1.34 +1.5% | $1.32 +97.0% | $0.67 | — | — |
| Total Assets | $1.38B +12.8% | $1.22B +10.6% | $1.11B | — | — | — |
| Total Debt | $602.8M +6.7% | $565.1M +20.1% | $470.5M | — | — | — |
| Operating Cash Flow | $-70.3M -150.6% | $-28.1M -136.6% | $76.7M +140.1% | $-191.1M | — | — |
AI Insight: MSIF Financial Trends
Net income rebounded to $30M in Q4 2025 before retreating sharply to $13M in Q1 2026, while debt surged $120M in two quarters to $649M.
• Net income climbed from $7M in Q3 2024 to $30M in Q4 2025, suggesting improving earnings power over the period.
• Equity expanded from $618M in Q3 2024 to $739M in Q4 2025, strengthening the balance sheet over five quarters.
• Total debt jumped from $529M in Q3 2025 to $649M in Q1 2026, a $120M increase in just two quarters.
• Operating cash flow remains highly volatile, swinging from $33M in Q2 2025 to -$45M in Q4 2025 and -$18M in Q1 2026.
⚠ Net income dropped from $30M in Q4 2025 to $13M in Q1 2026 — sharpest single-quarter decline in the dataset.
⚠ Debt-to-equity ratio rose to 0.90x in Q1 2026 from 0.72x in Q3 2025 — rising leverage warrants close monitoring.
⚠ Equity dipped from $739M in Q4 2025 to $720M in Q1 2026, first sequential decline after four quarters of growth.
AI Insight: MSIF Ratio Trends
MSIF's leverage is creeping back up after a six-quarter deleveraging run, even as Q1 2026 profitability dips sharply from Q4 2025 highs.
• D/E fell steadily from 0.90 in Q2 2024 to 0.72 in Q3 2025, a meaningful six-quarter deleveraging trend.
• ROE surged to 16.3% in Q4 2025 then collapsed to 7.3% in Q1 2026, suggesting significant quarter-to-quarter earnings volatility.
• TTM ROE of 12.0% and ROA of 6.1% are broadly stable versus Q2 2024 levels of 11.6% and 6.0%, indicating flat long-run profitability.
⚠ D/E rebounded from 0.72 in Q3 2025 to 0.90 in Q1 2026 — fully reversing the prior deleveraging gains in two quarters.
⚠ Q1 2026 ROA of 3.8% is the second-lowest in the dataset; monitor whether this reflects seasonality or structural earnings pressure.
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Available Research
13F Pro tracks comprehensive data for MSC INCOME FUND, INC. including:
Top Institutional Holders of MSIF
SANDERS MORRIS HARRIS LLC
$22.0M1,806,422 shTWO SIGMA INVESTMENTS, LP
$13.8M1,134,271 shARES MANAGEMENT LLC
$10.1M826,646 shUBS Group AG
$9.7M796,747 shFRANKLIN RESOURCES INC
$7.6M627,133 shLPL Financial LLC
$5.5M454,592 shNorth Ground Capital
$5.5M448,919 shCetera Investment Advisers
$3.8M311,557 shSigma Planning Corp
$2.5M207,539 shAlpine Global Management, LLC
$2.5M206,069 sh
| Fund | Value | Shares |
|---|---|---|
| SANDERS MORRIS HARRIS LLC | $22.0M | 1,806,422 |
| TWO SIGMA INVESTMENTS, LP | $13.8M | 1,134,271 |
| ARES MANAGEMENT LLC | $10.1M | 826,646 |
| UBS Group AG | $9.7M | 796,747 |
| FRANKLIN RESOURCES INC | $7.6M | 627,133 |
| LPL Financial LLC | $5.5M | 454,592 |
| North Ground Capital | $5.5M | 448,919 |
| Cetera Investment Advisers | $3.8M | 311,557 |
| Sigma Planning Corp | $2.5M | 207,539 |
| Alpine Global Management, LLC | $2.5M | 206,069 |
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Popular Research
Is MSIF a good stock to buy?
13F Pro's AI-powered analysis of MSC INCOME FUND, INC. (MSIF) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MSIF are available on the MSIF stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own MSIF?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MSIF. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of MSC INCOME FUND, INC.'s investment landscape.