Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 217

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 217
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367)Transfers into Level III(2)9,196 — 9,196 — — — Fair Value, June 30, 2025$2,920,263 $1,927,366 $128,623 $107,986 $3,249 $753,039 Net change in unrealized (depreciation) appreciation for the period relating to those Level III assets that were still held by the Company at the end of the period:$(22,375)$(5,819)$(690)$10 $17 $(15,893)(1)Includes non-cash reorganizations and restructurings.(2)As of June 30, 2025, portfolio investments were transferred into Level III from Level II at fair value as of the beginning of the period in which the reclassification occurred.

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The following table summarizes the changes in fair value of Level III portfolio investments for the three months ended June 30, 2024, as well as the portion of appreciation (depreciation) included in income attributable to the net change in unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at June 30, 2024: TotalFirst LienSecond LienSubordinatedEquity andotherFair Value, March 31, 2024$3,015,453 $1,731,416 $395,898 $85,343 $802,796 Total gains or losses included in earnings:Net realized losses on investments(31,106)123 (35,163)— 3,934 Net change in unrealized appreciation (depreciation) of investments32,516 (1,208)35,311 (1,179)(408)Purchases, including capitalized PIK and revolver fundings(1)468,864 426,895 10,612 12,489 18,868 Proceeds from sales and paydowns of investments(1)(327,063)(165,351)(148,917)— (12,795)Transfers out of Level III(2)(60,472)(18,795)(41,677)— — Fair Value, June 30, 2024$3,098,192 $1,973,080 $216,064 $96,653 $812,395