New Mountain Finance (US:NMFC)2025-11-04 15:00Financial Performance - Q3 2025 adjusted net investment income (NII) was $032 per share, covering the dividend of $032 per share[12] - September 30, 2025 net asset value (NAV) was $1206 per share, compared to $1221 per share as of June 30, 2025[12] - The company repurchased approximately $47 million of NMFC shares year-to-date at a weighted average purchase price of $1002 per share[12] - The company announced a new $100 million board authorized share buyback program[12] Portfolio Composition and Risk - Approximately 95% of the portfolio is rated green on the company's heatmap[12] - Approximately 80% of the portfolio is senior in nature, including First Lien, SLPs, and Net Lease[12] - The fair value of investments was $29571 million as of September 30, 2025[14] - The current yield at cost was 110% and the yield to maturity (YTM) at cost was 104%[14] Strategic Initiatives - The company is exploring a secondary portfolio sale of up to $500 million of assets to a third party to further strategic initiatives[12] - New Mountain employees continue to be the largest shareholders of the company, with ownership of approximately 14%[12]