Highest-materiality recent filing
NMFC Q2 adjusted NII $0.26/share; declares $0.25 Q3 dividend
Adjusted net investment income $24.7M ($0.26/share) vs $0.32 in Q2 2025.
NMFC Q1 net loss $0.51/sh, cuts dividend to $0.25, interim CFO named
Adjusted net investment income $0.32 per share; GAAP net loss $0.51 per share (vs $0.22 earnings prior year).
Sold $468M of investments at 94% of Dec 31, 2025 fair value to Eagle Credit entities, covering 15 portfolio companies.
NMFC Q4 NII $0.32/share, cuts dividend to $0.25 starting Q2 2026
NII of $33.0M ($0.32/share) covers Q1 2026 dividend of $0.32, but dividend reduced to $0.25/share from Q2 2026.
NMFC Q3 NII $0.32/share, NAV down to $12.06; new $100M buyback and up to $500M asset sale explored
Q3 net investment income $33.9M ($0.32/share), covering declared $0.32 quarterly distribution.
NMFC authorizes $100M stock repurchase program; extends credit facility to 2030
Board authorized new $100M stock repurchase program through Dec 2026 or until exhausted; prior program repurchased $50M.
NMFC Q2 NII per share falls to $0.32; NAV declines to $12.21 from $12.45
Net investment income of $34.5M ($0.32/share) vs $0.36/share a year ago; dividend held at $0.32/share.
NMFC Q1 NII of $0.32/sh, NAV $12.45; declares $0.32 dividend
Net investment income $34.5M ($0.32/sh) vs $0.36/sh in Q1 2024.
NMFC amends credit facility; extends maturity to 2030, reduces spread to 1.95%
Revolving Period End Date extended from Oct 26, 2026 to March 28, 2028.
NMFC Q4 NII $0.32/share, NAV $12.55, declares $0.32 distribution
Q4 2024 net investment income of $34.5M, or $0.32 per share (vs. $0.40 in Q4 2023).
NMFC reduces base management fee from 1.40% to 1.25% of gross assets
Base management fee cut from 1.40% to 1.25% of gross assets, effective Jan 29, 2025.
NMFC Q3 adjusted NII $0.34/share; NAV dips to $12.62; declares $0.33/sh distribution
Adjusted NII $36.7M ($0.34/sh) vs $0.40/sh in Q3 2023; GAAP NII $0.33/sh.
NMFC amends credit facility: total commitments $638.5M, maturity extended to Sept 2029
Entered Second Amended and Restated Revolving Credit Agreement on Sept 30, 2024.
NMFC Q2 NII $0.36/share; NAV $12.74; plans permanent mgmt fee cut to 1.25%
Net investment income of $38.2M ($0.36/share); NAV per share $12.74 vs $12.77 prior quarter.
NMFC Q1 2024 NII $0.36/share, NAV $12.77; declares $0.32 regular + $0.02 supplemental dividend
Net investment income $37.3M ($0.36/share) vs $38.4M ($0.38) YoY; total investment income $90.6M.
NMFC Q4 NII $0.40/sh; declares $0.32 regular + $0.04 supplemental dividend; NAV $12.87
Q4 NII $0.40/sh vs $0.25/sh (adj $0.35) ago; total inv income $92.8M vs $73.9M.
New Mountain Finance issues $300M of 6.875% notes due 2029 to repay existing debt
Issued $300M aggregate principal of 6.875% Notes due Feb 1, 2029; interest payable semi-annually Feb 1/Aug 1 starting Aug 1, 2024.
NMFC Q3 NII $0.40/share (+25% YoY); declares Q4 regular $0.32 + supplemental $0.04
Net investment income of $40.4M ($0.40 per share), up 25% from $0.32 in Q3 2022.
New Mountain Finance extends mgmt fee waiver to 1.25% through Dec 2024
Adviser extends reduced base management fee of 1.25% of gross assets (vs. standard 1.4%) through quarter ending Dec 31, 2024.
NMFC Q2 NII $0.39/share (+26% YoY); NAV stable at $13.14; declares $0.36 dividend
NII per share $0.39, up 26% YoY from $0.31; net investment income $39.7M.
New Mountain Finance Q1 NII $0.38/share (+26% YoY); declares $0.03 supplemental dividend
NII per share $0.38, up 26% YoY from $0.30; NAV per share $13.14 vs $13.02 at Dec 31, 2022.
the Board of Directors (the “Board”) of the Company appointed Laura C. Holson as the interim Chief Financial Officer and Treasurer of the Company, effective May 29, 2026.
Laura C. Holson, who has served as the Company’s interim Chief Financial Officer and Treasurer since April 1, 2023, will relinquish such positions upon the effective date of Mr. Corbett’s appointment.
On November 20, 2023, the Board of Directors of New Mountain Finance Corporation (the “Company”) appointed Kris Corbett as the Chief Financial Officer and Treasurer of the Company, effective as of November 27, 2023.
appointed Barbara Daniel as a Class II director effective July 1, 2023
the previously disclosed resignation of Alice W. Handy from the Company's Board of Directors
On April 25, 2023, Alice W. Handy notified the board of directors (the “Board”) of New Mountain Finance Corporation (the “Company”) that she was resigning as a director of the Board, effective immediately.
On March 23, 2023, the board of directors (the “Board”) of New Mountain Finance Corporation (the “Company”) appointed Laura C. Holson as the interim Chief Financial Officer and Treasurer of the Company, effective April 1, 2023.
On February 27, 2023, the Company’s board of directors received and accepted the resignation of Shiraz Y. Kajee as Chief Financial Officer and Treasurer, to become effective April 1, 2023.
The Company’s board of directors will appoint Laura C. Holson as the interim Chief Financial Officer and Treasurer of the Company upon Mr. Kajee’s departure, which would become effective April 1, 2023, until the Company completes its search for Mr. Kajee’s permanent successor.
On November 7, 2022, the Company’s board of directors appointed John R. Kline as the Chief Executive Officer of the Company, effective January 1, 2023, in addition to continuing in his role as President and a director.
Also on November 7, 2022, the Company’s board of directors received and accepted the resignation of Robert A. Hamwee as Chief Executive Officer and appointed him Vice Chairman of the board of directors, effective January 1, 2023, with the continued ability to allocate half of his time to activities outside of credit and NMFC.
Karrie J. Jerry submitted her resignation as an officer of the Company, effective March 4, 2022
Max materiality 0.80 · Median 0.53 · Most common event earnings