Company: NMFCZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001496099-25-000010
Chunk: 243

Company: New Mountain Finance Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 243
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782 101,118,302 100,202,847 96,952,959 96,827,342 Average net assets for the period$1,358,484 $1,323,778 $1,344,266 $1,261,338 $1,168,043 Ratio to average net assets:Net investment income10.71 %12.00 %8.82 %9.32 %10.05 %Total expenses, before waivers/reimbursements16.89 %16.54 %13.35 %13.11 %14.56 %Total expenses, net of waivers/reimbursements16.61 %16.23 %13.01 %12.05 %13.39 %Average debt outstanding—Unsecured Notes (5)$755,239 $438,473 $526,829 $516,611 $453,250 Average debt outstanding—Holdings Credit Facility369,292 577,759 581,367 478,016 526,645 Average debt outstanding—SBA-guaranteed debentures300,000 300,000 300,000 300,000 285,852 Average debt outstanding—Convertible Notes (6)260,000 320,494 228,806 201,250 201,250 Average debt outstanding—DB Credit Facility (7)182,364 186,422 209,898 209,307 233,649 Average debt outstanding—NMFC Credit Facility(8)74,245 103,244 133,053 132,685 155,497 Average debt outstanding—NMNLC Credit Facility II(9)2,362 2,506 7,195 3,501 — Asset coverage ratio(10)186.70 %187.54 %177.42 %181.21 %180.68 %Portfolio turnover24.84 %8.87 %18.01 %35.33 %15.43 %

(1)Per share data is based on weighted average shares outstanding for the respective period (except for distributions declared to stockholders which is based on actual rate per share).

(2)Includes the effect of common stock issuances per share, which for the years ended December 31, 2024, December 31, 2023,