Explore the Potential of Private, Middle Market Companies

More than 198,0001 private companies with revenues over $10 million—considered the real engines behind the growth of America—are responsible for one-third of the U.S. economy.2 Yet historically, these companies have had far fewer funding options than the approximately 15,0003 publicly traded companies that can raise additional money by issuing stocks and bonds.

BDCs are meant to change that imbalance. Since their creation in 1980, BDCs have helped thousands of companies get funding to expand, build, hire and develop new products and services. In turn, the BDC structure has since offered individual investors a way to invest in private companies throughout the United States and achieve access to investment opportunities that traditionally were preserved for larger or institutional investors. Now, through HMS Income Fund, you too have the opportunity to receive potential income and growth from debt and equity investments in these exciting and growing private companies.4,5


How You Can Invest in Different Types of Companies 

HMS How Individuals Can Invest in Different Types of Companies

1Source: U.S. Census Bureau latest available data, 2012. 2Source: National Center for the Middle Market. 3Approximate number of publicly-traded companies based on the approximate number of companies listed on the New York Stock Exchange and NASDAQ as of December 2015. 4There is no guarantee that these objectives will be achieved. 5We have previously funded distributions from waivers of certain fees to our advisor. Our advisor may not waive these fees in the future. In addition, we may pay distributions from offering proceeds, borrowings or the sale of assets to the extent our cash flow from operations, net investment income or earnings are not sufficient to fund declared distributions. We have not established limits on the amount of funds we may use from net offering proceeds or borrowings to make distributions.

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.

You should be aware that the Fund, the Advisers, the Dealer Manager, Main Street and Hines and their respective officers, directors, employees and affiliates do not undertake to provide impartial investment advice or to give advice in a fiduciary capacity in connection with the Fund’s public offering of, or the purchase of, the Shares. In addition, as described elsewhere in this prospectus, each of the Advisers and the Dealer Manager has a financial interest associated with this offering of the Shares, including prospective fees, expense reimbursements and other payments they anticipate receiving from the Fund in connection purchases of the Shares. This prospectus is not intended as a recommendation to make an investment in the Shares, and investors should consult their financial advisors before making an investment decision.