Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 259

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 259
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 For the three and six months ended June 30, 2025, there was anti-dilution. For the three and six months ended June 30, 2024, there was no anti-dilution. 

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Note 12. Financial Highlights

The following information sets 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)