Company: NMFCZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001496099-25-000010
Chunk: 247

Company: New Mountain Finance Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 247
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90 %10.23 %9.91 %9.28 %Total expenses, net of waivers/reimbursements13.80 %12.22 %9.45 %9.27 %8.57 %Average debt outstanding—Holdings Credit Facility$598,129 $384,433 $345,174 $341,055 $394,945 Average debt outstanding—Convertible Notes234,332 197,058 155,250 125,227 115,000 Average debt outstanding—SBA-guaranteed debentures179,408 158,471 132,572 119,819 71,921 Average debt outstanding—NMFC Credit Facility105,533 117,719 54,853 66,876 60,477 Average debt outstanding—Unsecured Notes(5)414,949 266,296 117,877 65,500 — Average debt outstanding—DB Credit Facility (6)113,967 49,833 — — — Average debt outstanding—NMNLC Credit Facility(7)1,471 3,570 — — — Asset coverage ratio(8)173.98 %181.37 %240.76 %259.34 %234.05 %Portfolio turnover11.58 %36.75 %41.98 %36.07 %33.93 %

(1)Per share data is based on weighted average shares outstanding for the respective period (except for dividends declared to stockholders which is based on actual rate per share).

(2)Includes the accretive effect of common stock issuances per share, which for the years ended December 31, 2019, December 31, 2018, December 31, 2017, December 31, 2016 and December 31, 2015 were $0.08, $0.00, $0.05, $0.02, and $0.06 respectively. 

(3)Total return is calculated assuming a purchase of common stock at the opening of the first day of the period 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.