Portfolio Highlights

HMS Income Fund’s portfolio is working for you.

For more information, read the prospectus for HMS Income Fund. Copies of the prospectus may be obtained from Hines Securities, Inc., 2800 Post Oak Blvd., Suite 4700, Houston, Texas 77056 or by calling 888.446.3773. You should read the prospectus carefully in order to fully understand the objectives, risks, sales charges, fees and expenses of HMS Income Fund before investing or sending money.

HMS Income Fund continues to expand its portfolio of carefully selected investments. As of September 30, 2016, the portfolio was well-diversified with debt investments in 118 companies and equity investments in 30 companies representing 45 business sectors1 in the middle-market and lower-middle market.

Portfolio Highlights

HMS Income Fund has made investments in the following companies:

  • AccuMed Corporation
  • Adams Publishing Group, LLC
  • AFG Capital Group, LLC
  • Ahead, LLC
  • Allflex Holdings III Inc.
  • American Scaffold Holdings, Inc.
  • American Teleconferencing Services, Ltd
  • AmeriTech College Operations, LLC
  • AP Gaming I, LLC
  • Apex Linen Service, Inc.
  • Aptean, Inc. 
  • Arcus Hunting, LLC
  • Artel, LLC
  • ATI Investment Sub, Inc.
  • ATX Networks Corp.
  • BarFly Ventures, LLC
  • BBB Tank Services, LLC
  • Berry Aviation, Inc.
  • Bioventus, LLC
  • Blackhawk Specialty Tools LLC
  • Blue Bird Body Company
  • Bluestem Brands, Inc.
  • Brightwood Capital Fund III, LP
  • Brundage-Bone Concrete Pumping, Inc.
  • Buca C, LLC
  • CAI Software, LLC
  • CapFusion Holding, LLC
  • CJ Holding Company
  • Cenveo Corporation
  • Charlotte Russe, Inc.
  • Clarius BIGS, LLC
  • Compuware Corporation
  • Covenant Surgical Partners, Inc.
  • CRGT, Inc.
  • CST Industries, Inc.
  • Datacom, LLC
  • Digital River, Inc. 
  • East West Copolymer & Rubber, LLC
  • ECP-PF Holdings Groups, Inc.
  • EIG Traverse Co-Investment, LP
  • Evergreen Skills Lux S.á r.l. (d/b/a Skillsoft)
  • Flavors Holdings, Inc.
  • FRAM Group Holdings, Inc.
  • Freeport First Lien Loan Fund III, LP
  • Gamber-Johnson Holdings, LLC 
  • GRT Rubber Technologies, LLC
  • GST Autoleather, Inc.
  • Guerdon Modular Holdings, Inc.
  • Guitar Center, Inc.
  • Gulf Publishing Holdings, LLC
  • Hojeij Branded Foods, LLC
  • Horizon Global Corporation
  • Hunter Defense Technologies, Inc.
  • HW Temps LLC
  • Hygea Holdings Corp.
  • iEnergizer Limited
  • Indivior Finance, LLC
  • Industrial Container Services, LLC
  • Industrial Services Investments, LLC
  • Inn of the Mountain Gods Resort and Casino
  • Intertain Group Limited
  • iPayment, Inc.
  • iQor US Inc.
  • IronGate Energy Services, LLC
  • Jackmont Hospiltality, Inc.
  • Joerns Healthcare, LLC
  • JSS Holdings, Inc.
  • Kellermeyer Bergensons Services, LLC
  • Kendra Scott, LLC
  • Keypoint Government Solutions, Inc.
  • LaMi Products, LLC
  • Larchmont Resources, LLC
  • Legendary Pictures Funding, LLC
  • L J Host Merger Sub, Inc.
  • Logix Acquistion Company, LLC
  • M.H. Corbin Holding, LLC
  • Minute Key, Inc.
  • Mood Media Corporation
  • Mystic Logistics, Inc.
  • New Media Holdings II LLC
  • North American Lifting Holdings, Inc.
  • North Atlantic Trading Company, Inc.
  • Novitex Acquisiton, LLC
  • NTM Acquisition Corp.
  • Pardus Oil & Gas, LLC
  • Paris Presents, Inc.
  • Parq Holdings, LP
  • Permian Holdings, Inc. 
  • Pernix Therapeutics Holdings, Inc.
  • Pike Corporation
  • Polycom, Inc.
  • Premier Dental Services, Inc.
  • Prowler Acquisition Corporation
  • Raley's, Inc. 
  • Redbox Automated Retail, LLC
  • Renaissance Learning, Inc.
  • RGL Reservoir Operations, Inc.
  • RLJ Entertainment, Inc.
  • RM Bidder, LLC
  • Sage Automotive Interiors, Inc
  • Salient Partners, LP
  • School Specialty, Inc.
  • Sigma Electric Manufacturing Corp.
  • SoftTouch Medical Holdings LLC
  • Sorenson Communications, Inc.
  • Sotera Defense Solutions, Inc.
  • Stardust Financial Holdings, Inc.
  • Synagro Infrastructure Company, Inc.
  • TaxAct, Inc.
  • Teleguam Holdings, LLC
  • Templar Energy, LLC
  • Tervita Corporation
  • The Topps Company, Inc.
  • TOMS Shoes, LLC
  • Travel Leaders Group, LLC
  • UniRush LLC
  • U.S. Telepacific Corp.
  • USJ-IMECO Holding Company, LLC
  • Valley Healthcare Group, LLC
  • VCVH Holding Corp.
  • Volusion, LLC
  • Wellnext, LLC
  • Worley Claims Services, LLC
  • YP Holdings LLC

Target Investments

  • Senior secured loans, second lien loans and mezzanine debt and selected equity investments of private companies with annual revenues between $10 million and $3 billion2
  • Established companies with histories of positive and stable free cash flow that are in industries that are integral to the American economy
  • Firms with experienced and committed management teams
  • Strong franchises with sustainable competitive advantages
  • Industries with positive long-term dynamics

1Information about portfolio holdings and business sector diversification is as of September 30, 2016 and is subject to change.

2Senior secured loans, second lien loans, mezzanine debt and selected equity investments may be risky, and we could lose all or part of our investment. Most loans in which we invest will not be rated, or would be if they were rated by a rating agency, as "below investment grade" quality. Below investment-grade quality securities are commonly known as "junk" and may be considered more speculative with respect to the issuer's capacity to pay interest and repay principal.