Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 209

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 209
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.77 Per share market value, March 31, 2025 and March 31, 2024, respectively$11.03 $12.67 Total return based on market value(2)0.77 %2.45 %Total return based on net asset value(3)1.73 %1.99 %Shares outstanding at end of period107,851,415 106,289,293 Average weighted shares outstanding for the period107,851,415 103,660,370 Average net assets for the period$1,353,216 1,334,024 Ratio to average net assets(4):  Net investment income10.35 %11.25 %Total expenses, before waivers/reimbursements15.84 %16.25 %Total expenses, net of waivers/reimbursements15.29 %15.97 %Average debt outstanding—Unsecured Notes$990,000 $632,610 Average debt outstanding—Holdings Credit Facility310,636 358,489 Average debt outstanding—SBA-guaranteed debentures287,083 300,000 Average debt outstanding—2022 Convertible Notes259,514 260,000 Average debt outstanding—NMFC Credit Facility(5)28,302 35,729 Average debt outstanding—DB Credit Facility (6)— 185,095 Average debt outstanding—NMNLC Credit Facility II (7)— 2,371 Asset coverage ratio(8)186.95 %192.25 %Portfolio turnover3.92 %4.83 %(1)Per share data is based on weighted average shares outstanding for the respective period (except for distributions declared to stockholders, which is based on actual rate per share).(2)Total return is calculated assuming a purchase of common stock at the opening of the first day of the year and a sale on the closing of the last business day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at prices obtained under the Company’s dividend reinvestment plan. Total return does not reflect sales load.(3)Total return is calculated assuming a purchase at net asset value on the opening of the first day of the year and a sale at net asset value on the last day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be