Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 131

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 131
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,844 Specialty Chemicals & Materials9,532 9,587 Total investments$3,092,943 $3,034,211 

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Table of ContentsAt December 31, 2024, the Company’s investments consisted of the following:Investment Cost and Fair Value by Type CostFair ValueFirst lien$1,970,251 $1,956,608 Second lien211,449 197,050 Subordinated113,928 102,034 Structured Finance Obligations 3,232 3,232 Equity and other803,064 832,100 Total investments$3,101,924 $3,091,024 Investment Cost and Fair Value by Industry CostFair ValueSoftware$857,673 $848,086 Healthcare513,429 501,850 Business Services508,536 497,954 Investment Funds (includes investments in joint ventures)275,632 275,632 Consumer Services192,052 192,340 Education205,283 187,620 Financial Services120,505 125,750 Distribution & Logistics119,947 120,493 Net Lease81,370 114,794 Packaging68,200 68,093 Energy68,114 65,076 Food & Beverage38,840 42,450 Business Products22,185 22,387 Consumer Products20,769 19,101 Specialty Chemicals & Materials9,389 9,398 Total investments$3,101,924 $3,091,024 During the second quarter of 2022, the Company placed its second lien position in National HME, Inc. ("National HME") on non-accrual status. As of March 31, 2025, the Company's second lien position in National HME had an aggregate cost basis of $7,872, an aggregate fair value of $3,000 and total unearned interest income of $493 for the three months then ended.As of March 31, 2025, the Company's aggregate principal amount of its subordinated position and first lien term loans in American Achievement Corporation ("AAC") was $5,230 and $31,406, respectively. During the first quarter of 2021, the Company placed an aggregate principal amount of $5,230 of its subordinated position on non-accrual status. During