Company: NMFCZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001496099-25-000010
Chunk: 383

Company: New Mountain Finance Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 383
---
 Global Services, Inc.103,770 8,699 (26,446)5,976 91,999 2 4,000 5,303 1,268 Total Controlled Investments$690,035 $40,458 $(44,109)$(18,588)$667,796 $16,413 $20,829 $51,208 $5,315 

(A)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, PIK interest or dividends, the amortization of discounts, reorganizations or restructurings and the movement of an existing portfolio company into this category from a different category.

(B)Gross redemptions include decreases in the cost basis of investments resulting from principal collections related to investment repayments or sales, reorganizations or restructurings and the movement of an existing portfolio company out of this category into a different category.

*    All or a portion of interest contains PIK interest.

**    Indicates assets that the Company deems to be “non-qualifying assets” under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70.0% of the Company’s total assets at the time of acquisition of any additional non-qualifying assets. As of December 31, 2023, 14.8% of the Company’s total assets are represented by investments at fair value that are considered non-qualifying assets.

The accompanying notes are an integral part of these consolidated financial statements.146

Table of ContentsNew Mountain Finance Corporation Consolidated Schedule of Investments (Continued)December 31, 2023

 December 31, 2023Investment TypePercent of TotalInvestments at Fair ValueFirst lien55.92 %Second lien14.10 %Subordinated3.02 %Equity and other26.96 %Total investments100.00 %

 December 31, 2023Industry TypePercent of TotalInvestments at Fair ValueSoftware26.89 %Business Services17.93 %Healthcare15.87 %Investment Funds (includes investments in joint ventures)8.38 %Education7.03 %Consumer Services6.39 %Net Lease3.93 %Distribution & Logistics3.68 %Financial Services3.49 %Energy2.16 %Packaging1.20 %Specialty Chemicals