MSC Income Fund: Quality BDC At A Bargain Bin Valuation
Seeking Alpha reported on MSC Income Fund (MSIF), describing it as a high-quality BDC trading at roughly a 24% discount to NAV. Recent NAV rose from $15.87 to $16.51, supported by continued positive NAV trends, a first-lien heavy floating-rate portfolio, share repurchases, and a monthly dividend yield of 10.58%.
Why it matters — MSIF watchers would care because the article highlights management alignment, NAV growth, and potential for further dividend increases as leverage rises.