Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 445

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 445
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,487 59,939 Net investment income34,042 35,388 Less: Net investment income related to non-controlling interest in NMNLC117 (138)Net investment income related to NMFC$33,925 $35,526 Net change in realized gains (losses) on investments9 (531)Net change in realized losses on foreign currency— (1,455)Less: Net change in realized losses on investments related to non-controlling interest in NMNLC— (27)Net change in realized gains (losses) of investments related to NMFC$9 $(1,959)Net change in unrealized depreciation of investments(21,564)(11,694)Net change in unrealized appreciation in NMNLC— 1,533 Net change in unrealized (depreciation) appreciation on foreign currency(120)1,690 Provision for taxes(25)(1,037)Less: Net change in unrealized appreciation of investments related to non-controlling interest in NMNLC36 170 Net change in unrealized depreciation of investments related to NMFC$(21,745)$(9,678)

Results of Operations for the Nine Months Ended September 30, 2025 and September 30, 2024 

Revenue

 Nine Months Ended(in thousands)September 30, 2025September 30, 2024Total interest income$183,750 $208,831 Total dividend income59,526 63,058 Other income6,406 8,582 Total investment income$249,682 $280,471 

Our total investment income decreased by approximately $30.8 million, or 11%, for the nine months ended September 30, 2025 as compared to the nine months ended September 30, 2024. For the nine months ended September 30, 2025, total investment income of approximately $249.7 million consisted of approximately $153.9 million in cash interest from investments, approximately $22.1 million in PIK interest from investments, approximately $0.3 million in prepayment fees, net amortization of purchase premiums and discounts of approximately $7.5 million, approximately $37.4 million in cash dividends from investments, approximately $22.1 million in non-cash dividends from investments and approximately $6.4 million in other income. The decrease in interest income of approximately $25.1 million during the