secwatch.observer — SEC 8-K summary
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Issuer:     New Mountain Finance Corp (NMFC)
CIK:        0001496099
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001496099-26-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NMFC Q4 NII $0.32/share, cuts dividend to $0.25 starting Q2 2026
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- NII of $33.0M ($0.32/share) covers Q1 2026 dividend of $0.32, but dividend reduced to $0.25/share from Q2 2026.
- NAV per share fell to $11.52 from $12.06 in Q3 2025; total NAV $1,182.2M.
- Signed agreement to sell $477M of assets at 94% of Dec 2025 fair value to enhance diversification and lower PIK income.
- Incentive fee permanently reduced to 15% over 8% hurdle; $30M of shares repurchased since Q3.
- Portfolio fair value $2,755.5M in 114 companies; 94.8% green-rated; senior asset mix ~80%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496099/000149609926000007/0001496099-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496099/000149609926000007/nmfc-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001496099-26-000007

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