MSC INCOME FUND, INC. (MSIF) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
MSIF currently has 47.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 22.6% over the past 2 years through share issuances. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 14, 2025 |
10-Q filing | 47.3M shares outstanding |
47M | 0 |
| May 13, 2025 |
10-Q filing | 44.7M shares outstanding |
45M | 0 |
| Mar 20, 2025 |
10-K filing | 46.8M shares outstanding |
47M | 0 |
| Dec 16, 2024 |
Stock Split
8-K filing: Stock split 1-for-2 | Outstanding: 80,335,969 → 40,167,984 |
40M | 0 |
| Nov 14, 2024 |
10-Q filing | 80.3M shares outstanding |
80M | 0 |
| Aug 14, 2024 |
10-Q filing | 80.3M shares outstanding |
80M | 0 |
| Jun 25, 2024 |
8-K filing: MSC Income Fund, Inc. completed a "Dutch Auction" tender offer, repurchasing 333,334 shares of its common stock at $6.00 per share for an aggregate cost of approximately $2.0 million, excluding fees and expenses. ($2.0M proceeds) |
80M | 0 |
| May 15, 2024 |
10-Q filing | 80.3M shares outstanding |
80M | 0 |
| Mar 11, 2024 |
8-K filing: MSC Income Fund, Inc. completed a "Dutch Auction" tender offer, repurchasing 357,143 shares of its common stock at $7.00 per share for an aggregate cost of approximately $2.5 million. ($2.5M proceeds) |
80M | 0 |
| Mar 08, 2024 |
10-K filing | 80.3M shares outstanding |
80M | 0 |
| Dec 22, 2023 |
8-K filing: MSC Income Fund, Inc. completed a "Dutch Auction" tender offer, repurchasing 427,843 shares of its common stock at $6.50 per share for a total cost of approximately $2.78 million, excluding fees and expenses. ($2.78M proceeds) |
80M | 0 |
| Nov 13, 2023 |
10-Q filing | 80.3M shares outstanding |
80M | 0 |
| Sep 27, 2023 |
8-K filing: MSC Income Fund, Inc. and Main Street Capital Corporation completed a "Dutch Auction" tender offer, with the Company repurchasing 432,920 shares at $6.50 per share and Main Street repurchasing 115,385 shares at $6.50 per share. ($3.56M proceeds) |
80M | 0 |
| Aug 11, 2023 |
10-Q filing | 80.3M shares outstanding |
80M | 0 |
| Jun 21, 2023 |
8-K filing: MSC Income Fund, Inc. repurchased 406,904.25 shares of its common stock at a price of $5.50 per share for an aggregate cost of approximately $2.24 million as part of a modified "Dutch auction" tender offer. ($2.24M proceeds) |
80M | 0 |
| May 12, 2023 |
10-Q filing | 80.1M shares outstanding |
80M | 0 |
| Mar 14, 2023 |
10-K filing | 80.2M shares outstanding |
80M | 0 |
| Aug 12, 2022 |
10-Q filing | 80.1M shares outstanding |
80M | 0 |