Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 439

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 439
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 2025, there were no borrowings outstanding. 

We have entered into an investment management and advisory agreement (the "Investment Management Agreement") with the Investment Adviser in accordance with the 1940 Act. Under the Investment Management Agreement, the Investment Adviser has agreed to provide us with investment advisory and management services. We have agreed to pay for these services (1) a management fee and (2) an incentive fee based on our performance.

We have also entered into the administration agreement, as amended and restated (the "Administration Agreement") with the Administrator. Under the Administration Agreement, the Administrator has agreed to arrange office space for us and provide office equipment and clerical, bookkeeping and record keeping services and other administrative services necessary to conduct our respective day-to-day operations. The Administrator has also agreed to maintain, or oversee the maintenance of, our financial records, our reports to stockholders and reports filed with the SEC.

If any of the contractual obligations discussed above are terminated, our costs under any new agreements that are entered into may increase. In addition, we would likely incur significant time and expense in locating alternative parties to provide the services we expect to receive under the Investment Management Agreement and the Administration Agreement.

135

Distributions and Dividends

Distributions declared and paid to stockholders for the six months ended June 30, 2025 totaled approximately $69.0 million.

The following table reflects cash distributions, including dividends and returns of capital, if any, per share that have been declared by our board of directors for the two most recently completed fiscal years and the current fiscal year to date:

Fiscal Year EndedDate DeclaredRecord DatePayment DatePer ShareAmount (1)(2)December 31, 2025Second QuarterApril 22, 2025June 16, 2025June 30, 2025$0.32 First QuarterFebruary 14, 2025March 17, 2025March 31, 20250.32 $0.64 December 31, 2024Fourth QuarterOctober 23, 2024December 17, 2024December 31, 2024$0.33 Third QuarterJuly 23, 2024September 16, 2024September 30, 20240.34 Second QuarterApril 18, 2024June 14, 2024June 28, 20240.34 First QuarterJanuary 30,