Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 164

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 164
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 value that are considered non-qualifying assets.

The accompanying notes are an integral part of these consolidated financial statements.65

Table of ContentsNew Mountain Finance Corporation Consolidated Schedule of Investments (Continued) December 31, 2024(in thousands, except shares)

 December 31, 2024Investment TypePercent of Total Investments at Fair ValueFirst lien63.31 %Second lien6.37 %Subordinated3.30 %Structured Finance Obligations0.10 %Equity and other26.92 %Total investments100.00 %

 December 31, 2024Industry TypePercent of TotalInvestments at Fair ValueSoftware27.44 %Healthcare16.24 %Business Services16.11 %Investment Funds (includes investments in joint ventures)8.92 %Consumer Services6.22 %Education6.07 %Financial Services4.07 %Distribution & Logistics3.90 %Net Lease3.71 %Packaging2.20 %Energy2.11 %Food & Beverage1.37 %Business Products0.72 %Consumer Products0.62 %Specialty Chemicals & Materials0.30 %Total investments100.00 %

 December 31, 2024Interest Rate TypePercent of TotalInvestments at Fair ValueFloating rates86.62 %Fixed rates13.38 %Total investments100.00 %

The accompanying notes are an integral part of these consolidated financial statements.66

Notes to the Consolidated Financial Statements of

New Mountain Finance Corporation

September 30, 2025 

(in thousands, except share data)

(unaudited)

Note 1. Formation and Business Purpose

New Mountain Finance Corporation (“NMFC” or the “Company”) is a Delaware corporation that was originally incorporated on June 29, 2010 and completed its initial public offering ("IPO") on May 19, 2011. NMFC is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). NMFC has elected to be treated, and intends to comply with the requirements to continue to qualify annually, as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). Since NMFC’s IPO