Business Context and Reporting Period
Company: HMS Income Fund, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 28, 2012
Subject: Declaration of Fourth Quarter 2012 Distributions (Item 8.01).
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on distribution declarations.
- Distribution Rate: $0.00191781 per share, per day.
- Annualized Yield: 7% (based on a public offering price of $10.00 per share).
- Record Period: October 1, 2012, through December 31, 2012.
- Payment Schedule: Paid on the first business day following the completion of each month.
- Payment Method: Cash or reinvestment in stock via the distribution reinvestment plan.
Material Changes
The filing does not provide comparative financial data or material changes versus prior periods. It announces a specific distribution rate for the upcoming quarter.
Guidance, Outlook, and Risks
Management Commentary: The distribution declaration was authorized by the board of directors. The 7% annualized yield is contingent on the maintenance of the $10.00 public offering price.
Risks and Contingencies: The filing includes standard forward-looking statement disclaimers. Actual results may differ materially due to future economic, competitive, and market conditions. Specific risks are referenced in the "Risk Factors" section of the company's Registration Statement on Form N-2.
Investor Verification Checklist
- Verify the current public offering price to confirm if the 7% annualized yield remains accurate.
- Confirm the specific payment dates for October, November, and December distributions.
- Review the "Risk Factors" in the Form N-2 Registration Statement for details on potential yield variability.
- Check the status of the distribution reinvestment plan for eligible shareholders.