HMS Income Fund Inc. on March 22 repurchased 1,147,067.146 common shares, in accordance with a tender offer that terminated March 16.

It had offered to repurchase 1,942,970.33 common shares at the net asset value per share as of March 20. An aggregate 1,147,067.146 shares were validly tendered and not withdrawn.

HMS paid $9.4 million in total, based on the net asset value per share of $8.20.