Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 266

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 266
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1, 2025 and January 1, 2024, respectively$12.55 $12.87 Net investment income0.96 1.05 Net realized and unrealized losses(2)(0.56)(0.26)Total net increase0.40 0.79 Repurchases of common stock0.07 — Distributions declared to stockholders from net investment income(0.96)(1.04)Net asset value, September 30, 2025 and September 30, 2024, respectively$12.06 $12.62 Per share market value, September 30, 2025 and September 30, 2024, respectively$9.64 $11.98 Total return based on market value(3)(6.24)%2.40 %Total return based on net asset value(4)3.86 %6.32 %Shares outstanding at end of period104,189,336 107,851,415 Average weighted shares outstanding for the period107,199,318 106,140,789 Average net assets for the period$1,329,882 1,357,569 Ratio to average net assets(5):  Net investment income10.35 %10.93 %Total expenses, before waivers/reimbursements15.62 %16.90 %Total expenses, net of waivers/reimbursements14.72 %16.63 %Average debt outstanding—Unsecured Notes$990,000 $676,414 Average debt outstanding—Holdings Credit Facility285,184 364,418 Average debt outstanding—SBA-guaranteed debentures263,319 300,000 Average debt outstanding—2022 Convertible Notes259,022 260,000 Average debt outstanding—NMFC Credit Facility(6)29,879 79,969 Average debt outstanding—DB Credit Facility (7)— 182,364 Average debt outstanding—NMNLC Credit Facility II (8)— 2,341 Asset coverage ratio(9)179.09 %179.18 %Portfolio turnover12.18 %17.99 %(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)Includes the accretive effect of common stock issuances per