Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 431

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 431
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905 56,149 Net investment income34,585 38,439 Less: Net investment income related to non-controlling interest in NMNLC117 239 Net investment income related to NMFC$34,468 $38,200 Net change in realized gains (losses) on investments13,389 (31,166)Less: Net change in realized gains on investments related to non-controlling interest in NMNLC— — Net change in realized gains (losses) of investments related to NMFC$13,389 $(31,166)Net change in unrealized (depreciation) appreciation of investments(40,530)30,512 Net change in unrealized depreciation of securities purchased under collateralizedagreements to resell— (3,000)Net change in unrealized appreciation on foreign currency452 129 Provision for taxes(21)(130)Less: Net change in unrealized (depreciation) appreciation of investments related to non-controlling interest in NMNLC(16)74 Net change in unrealized (depreciation) appreciation of investments related to NMFC$(40,083)$27,437 

Results of Operations for the Six Months Ended June 30, 2025 and June 30, 2024 

Revenue

 Six Months Ended(in thousands)June 30, 2025June 30, 2024Total interest income$124,347 $135,993 Total dividend income40,274 42,765 Other income4,532 6,386 Total investment income$169,153 $185,144 

Our total investment income decreased by approximately $16.0 million, or 9%, for the six months ended June 30, 2025 as compared to the six months ended June 30, 2024. For the six months ended June 30, 2025, total investment income of approximately $169.2 million consisted of approximately $103.9 million in cash interest from investments, approximately $14.5 million in PIK interest from investments, approximately $0.1 million in prepayment fees, net amortization of purchase premiums and discounts of approximately $5.9 million, approximately $25.5 million in cash dividends from investments, approximately $14.8 million in non-cash dividends from investments and approximately $4.5 million in other income. The decrease in interest income of approximately $11.6 million