Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 404

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 404
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 forth the Company's financial highlights for the six months ended June 30, 2025 and June 30, 2024: Six Months Ended June 30, 2025June 30, 2024Per share data(1):  Net asset value, January 1, 2025 and January 1, 2024, respectively$12.55 $12.87 Net investment income0.64 0.72 Net realized and unrealized losses(0.36)(0.15)Total net increase0.28 0.57 Repurchases of common stock0.02 — Distributions declared to stockholders from net investment income(0.64)(0.70)Net asset value, June 30, 2025 and June 30, 2024, respectively$12.21 $12.74 Per share market value, June 30, 2025 and June 30, 2024, respectively$10.55 $12.24 Total return based on market value(2)(0.72)%1.71 %Total return based on net asset value(3)2.44 %4.50 %Shares outstanding at end of period106,926,713 107,851,415 Average weighted shares outstanding for the period107,800,508 105,276,077 Average net assets for the period$1,347,006 1,349,273 Ratio to average net assets(4):  Net investment income10.33 %11.26 %Total expenses, before waivers/reimbursements15.62 %16.53 %Total expenses, net of waivers/reimbursements14.96 %16.26 %Average debt outstanding—Unsecured Notes$990,000 $661,305 Average debt outstanding—Holdings Credit Facility280,737 343,570 Average debt outstanding—SBA-guaranteed debentures274,724 300,000 Average debt outstanding—2022 Convertible Notes259,147 260,000 Average debt outstanding—NMFC Credit Facility(5)29,314 49,430 Average debt outstanding—DB Credit Facility (6)— 183,547 Average debt outstanding—NMNLC Credit Facility II (7)— 2,438 Asset coverage ratio(8)185.56 %182.80 %Portfolio turnover