NMFC on Nasdaq

New Mountain Finance Corp

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Last updated Oct 19, 2026.

Overview

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  • TickerNMFC on Nasdaq1
  • HeadquartersNew York, New York1
  • Incorporated inUnited States2
  • Business address1633 Broadway, 48Th Floor, New York, Ny 100192
  • Filer categoryLarge accelerated filer2

New Mountain Finance Corporation ("NMFC", the "Company", "we", "us" or "our") is a Delaware corporation that was originally incorporated on June 29, 2010 and completed its initial public offering ("IPO") on May 19, 2011. We are a closed-end, non-diversified management investment company that has elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). We have elected to be treated, and intend to comply with the requirements to continue to qualify annually, as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). Since our IPO, and through December 31, 2025, we have raised approximately $1,034.6 million in net proceeds from additional offerings of common stock.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income4567$16.5M in 2025−72% since 2020
0$100.0M$200.0M$300.0M2020: $58.5M$58.5M20202021: $201.4M$201.4M2021+244%2022: $74.7M$74.7M2022−63%2023: $135.3M$135.3M2023+81%2024: $113.4M$113.4M2024−16%2025: $16.5M$16.5M2025−85%

Every line of the income statement as filed: the last 5 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-312022-12-312021-12-31
PIK interest income$30.2M$36.9M$33.6M
Non-cash dividend income$28.9M$31.6M$27.4M
Total investment income$327.1M$371.7M$374.8M
Interest and other financing expenses$123.7M$136.6M$124.8M
Management fee$38.8M$45.5M$45.6M
Incentive fee$30.8M$36.4M$38.3M
Professional fees$4.6M$4.4M$3.8M
Administrative expenses$4.2M$4.2M$4.1M
Other general and administrative expenses$1.8M$2.0M$2.1M
Total expenses$203.8M$229.2M$218.6M
Less: management and incentive fees waived (see Note 5)-$13.1M-$3.7M-$4.1M
Net expenses$190.7M$225.4M$214.5M
Net investment income before income taxes$136.4M$146.2M$160.3M
Income tax expense$21.0K$262.0K$418.0K
Net investment income$136.4M$146.0M$159.9M
Investments$43.2M-$41.8M-$32.9M
Foreign currency$0$420.0K$13.0K
Investments-$162.6M$15.7M$10.3M
Securities purchased under collateralized agreements to resell$0-$3.0M-$39.0K
Foreign currency$480.0K-$606.0K$100.0K
Provision for taxes-$409.0K-$2.1M-$1.3M
Net realized and unrealized losses-$119.4M-$31.5M-$23.8M
Net increase in net assets resulting from operations$17.0M$114.5M$136.1M
Less: Net increase in net assets resulting from operations related to non-controlling interest in New Mountain Net Lease Corporation-$485.0K-$1.1M-$747.0K
Net increase in net assets resulting from operations related to New Mountain Finance Corporation$16.5M$113.4M$135.3M
Basic earnings per share (in dollars per share)$0.16$1.06$1.34
Weighted average shares of common stock outstanding - basic (in shares)106.2M shares106.6M shares101.1M shares100.2M shares97.0M shares
Diluted earnings per share (in dollars per share)$0.16$1.03$1.24
Weighted average shares of common stock outstanding - diluted (in shares)121.1M shares125.5M shares123.5M shares
Distributions declared per share (in dollars per share)$1.28$1.37$1.49
Distributions paid per share (in dollars per share)$1.28$1.37$1.49

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Leadership

Who has led New Mountain Finance Corp, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Former names

  • New Mountain Guardian CorpJul 22, 2010 to Feb 18, 20112

Timeline

  1. May 19, 2011New chief executive Robert Hamwee becomes CEO10

Filings

217 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 67 major events, 65 insider forms, 7 large holders, 58 other. The latest 20:

  1. Sep 11, 20264 EDGAR
  2. Aug 3, 202610-Q EDGAR
  3. Aug 3, 20268-K EDGAR
  4. Jun 18, 20268-K EDGAR
  5. Jun 16, 20264 EDGAR
  6. Jun 15, 2026144 EDGAR
  7. Jun 5, 20268-K EDGAR
  8. Jun 3, 202640-17G EDGAR
  9. May 15, 20268-K EDGAR
  10. May 4, 202610-Q EDGAR
  11. May 4, 20268-K EDGAR
  12. Mar 27, 2026DEFA14A DEFA 14A EDGAR
  13. Mar 27, 2026DEF 14A EDGAR
  14. Mar 24, 20268-K EDGAR
  15. Mar 18, 20264 EDGAR
  16. Mar 13, 20268-K EDGAR
  17. Mar 12, 20264 EDGAR
  18. Mar 12, 2026SCHEDULE 13D/A EDGAR
  19. Mar 6, 20264 EDGAR
  20. Mar 5, 20264 EDGAR

The 217 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

80 open-market trades by officers, directors and large owners since October 2021: 77 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 15, 2026Malfettone John PDirectorSale77,500$7.89$611.5KForm 4
Mar 17, 2026Weinstein Adam B.EVP, CAO and DirectorBuy12,900$7.61$98.2KForm 4
Mar 11, 2026KLINSKY STEVEN BDirectorBuy276,242$8.05$2.2MForm 4
Mar 10, 2026KLINSKY STEVEN BDirectorBuy223,758$8.05$1.8MForm 4
Mar 5, 2026KLINSKY STEVEN BDirectorBuy237,873$8.10$1.9MForm 4
Mar 4, 2026KLINSKY STEVEN BDirectorBuy186,905$8.17$1.5MForm 4
Mar 3, 2026KLINSKY STEVEN BDirectorBuy250,495$7.94$2.0MForm 4
Mar 3, 2026Ogens DavidDirectorBuy12,500$7.87$98.4KForm 4
Mar 2, 2026KLINSKY STEVEN BDirectorBuy186,725$7.79$1.5MForm 4
Mar 2, 2026Weinstein Adam B.EVP, CAO and DirectorBuy3,307$7.73$25.6KForm 4
Feb 27, 2026KLINSKY STEVEN BDirectorBuy138,002$7.69$1.1MForm 4
Feb 27, 2026Weinstein Adam B.EVP, CAO and DirectorBuy38,400$7.76$298.0KForm 4
Feb 27, 2026Boswerger Laura C. HolsonCOOBuy12,500$7.74$96.8KForm 4
Sep 16, 2025KLINSKY STEVEN BDirectorBuy106,691$9.78$1.0MForm 4
Sep 15, 2025Weinstein Adam B.EVP, CAO and DirectorBuy49,750$10.03$499.0KForm 4
Aug 11, 2025Ogens DavidDirectorBuy26,000$10.23$266.1KForm 4
Aug 7, 2025Corbett KrisCFO and TreasurerBuy750$10.14$7.6KForm 4
Mar 7, 2025Ogens DavidDirectorBuy5,000$11.30$56.5KForm 4
Mar 6, 2025Ogens DavidDirectorBuy5,000$11.32$56.6KForm 4
Mar 5, 2025Ogens DavidDirectorBuy5,000$11.31$56.5KForm 4

All 80 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
UBS Group AG2,477,549$17.8M0.0%+386,273
Van Eck Associates Corp2,145,047$15.4M0.0%+348,872
Invesco Ltd.1,557,647$11.2M0.0%−582,030
Russell Investments Group, Ltd.1,383,171$9.9M0.0%+444,492
Dimension Capital Management LLC1,223,088$8.8M1.0%+66,547
Corient Private Wealth LP1,125,657$8.1M0.0%+254,361
Cerity Partners LLC856,875$6.1M0.0%−15,969
National Philanthropic Trust852,921$6.1M0.1%No change
Muzinich & Co., Inc.850,170$6.1M2.1%+1,252
Pathstone Holdings, LLC824,801$5.9M0.0%+163,582
Union Bancaire Privee, UBP SA5,193$5.9M0.1%No change
Legal & General Group Plc806,368$5.8M0.0%+20,872
Morgan Stanley783,530$5.6M0.0%+53,592
Two Sigma Investments, LP707,346$5.1M0.0%−129,111
Sumitomo Mitsui Trust Group, Inc.688,578$4.9M0.0%No change
Osaic Holdings, Inc.492,179$3.5M0.0%+41,709
Hennion & Walsh Asset Management, Inc.483,324$3.5M0.1%−29,761
HighTower Advisors, LLC423,799$3.0M0.0%+67
Focus Partners Wealth417,618$3.0M0.0%+82,833
BlackRock, Inc.347,029$2.5M0.0%−5,213
Universal- Beteiligungs- und Servicegesellschaft mbH344,000$2.5M0.0%No change
GraniteShares Advisors LLC303,327$2.2M1.4%+39,700
Tranquility Partners, LLC284,229$2.0M0.7%−32,523
Confluence Investment Management LLC277,609$2.0M0.0%+38
Transcend Capital Advisors, LLC266,543$1.9M0.1%−4,615

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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