NMFC
New Mountain Finance
Portfolio Fair Value
$3.05B
382 holdings
Avg Spread
+5.39%
FV-weighted, debt
Avg Coupon
10.31%
FV-weighted
% First Lien
62.9%
of debt FV
Unrealized P/L
-$71.89M
-2.30% of cost
Non-Accrual
5
text-detected
Balance sheet
Assets$3.20B
Liabilities + Equity$3.20B
First Lien
$1.91B · 59.8%
First Lien
$1.91B · 59.8%
Second Lien
$208.20M · 6.5%
Subordinated
$104.23M · 3.3%
Other Debt
$3.21M · 0.1%
LP Interest
$3.34M · 0.1%
Equity
$542.76M · 17.0%
Equity
$542.76M · 17.0%
Other
$262.46M · 8.2%
Cash & Equivalents
$85.50M · 2.7%
Other Assets
$76.94M · 2.4%
Debt (Borrowings)
$1.78B · 55.8%
Debt (Borrowings)
$1.78B · 55.8%
Other Liabilities
$71.59M · 2.2%
Net Assets (Equity)
$1.34B · 42.0%
Net Assets (Equity)
$1.34B · 42.0%
Industry Composition
Software
27.3%
Healthcare
17.1%
Business Services
14.5%
Unclassified
9.6%
Consumer Services
6.2%
Education
5.5%
Financial Services
4.1%
Distribution & Logistics
3.9%
Net Lease
3.7%
Packaging
2.2%
Energy
2.1%
Food & Beverage
1.4%
Other industries
2.4%
Spread Distribution
0.5%
1.0%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
9.0%
Schedule of Investments
All holdings
All holdings
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382 of 385
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
NMFC Senior Loan Program III LLC | — | Membership interest | $160.00M | $160.00M | $0.00 | — | — | — |
NMFC Senior Loan Program IV LLC | — | Membership interest | $112.40M | $112.40M | $0.00 | — | — | — |
NM NL Holdings, L.P. | Net Lease | Membership interest | $105.21M | $74.25M | $30.96M | — | — | — |
Dealer Tire Holdings, LLC | Distribution & Logistics | Preferred shares | $78.58M | $75.93M | $2.65M | 7.00% | — | — |
TVG-Edmentum Holdings, LLC | Education | Ordinary shares | $59.14M | $68.05M | -$8.91M | 12.00% | — | — |
Einstein Parent, Inc. | Software | First Lien - Drawn #1 | $55.03M | $55.04M | -$13.0K | 10.79% | +6.50% | — |
Associations, Inc. | Business Services | First lien | $49.80M | $49.28M | $514.0K | 11.06% | +6.50% | — |
New Benevis Holdco, Inc. | Healthcare | First lien #1 | $47.50M | $47.50M | $0.00 | 12.00% | — | — |
OEConnection LLC | Software | First lien #1 | $46.31M | $46.10M | $209.0K | 9.32% | +5.00% | — |
UniTek Global Services, Inc. | Business Services | Preferred shares #1 | $45.35M | $52.38M | -$7.03M | 20.00% | — |