Company: NMFCZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001496099-25-000010
Chunk: 238

Company: New Mountain Finance Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 238
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 we will pay such fees and expenses out of our net assets and, consequently, you will indirectly bear such fees or expenses as an investor in us. However, you will not be required to deliver any money or otherwise bear personal liability or responsibility for such fees or expenses.Stockholder transaction expenses:Sales load (as a percentage of offering price)N/A(1)Offering expenses borne by us (as a percentage of offering price)N/A(2)Dividend reinvestment plan expenses (per sales transaction fee)$15.00 (3)Total stockholder transaction expenses (as a percentage of offering price)— %Annual expenses (as a percentage of net assets attributable to common stock)Base management fees3.36 %(4)Incentive fees payable under the Investment Management Agreement2.69 %(5)Interest payments on borrowed funds8.41 %(6)Other expenses0.81 %(7)Acquired fund fees and expenses3.66 %(8)Total annual expenses18.93 %(9)Base management fee waiver(0.28)%(10)Total annual expenses after the base management fee waiver18.65 %(9)(10)

(1)If applicable, the prospectus or prospectus supplement relating to an offering of our common stock will disclose the applicable sales load.(2)The prospectus supplement corresponding to each offering will disclose the applicable estimated amount of offering expenses of the offering and the offering expenses borne by us as a percentage of the offering price.(3)If a participant elects by written notice to the plan administrator to have the plan administrator sell part or all of the shares held by the plan administrator in the participant's account and remit the proceeds to the participant, the plan administrator is authorized to deduct a $15.00 transaction fee plus a $0.10 per share brokerage commission from the proceeds. The expenses of the dividend reinvestment plan are included in "other expenses." The plan administrator's fees will be paid by us. There will be no brokerage charges or other charges to stockholders who participate in the plan. See Item 8—Financial Statements and Supplementary Data—Note 2. Summary of Significant Accounting Policies in this Annual Report on Form 10-K for additional details regarding our dividend reinvestment plan.(4)The base management fee as of November 1, 2021 pursuant to Amendment No. 1 to the Investment Management Agreement is based on an annual rate of 1.4% of our average gross assets for the two most recent