CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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New Mountain Finance Corporation (NMFC)

BDC - Debt Focused BDC

Data as of Dec. 3, 2021
Market Price $13.60 (- $0.04)
NAV (Sept. 30, 2021) $13.26 ( $0.00)
Premium / Discount 2.56% (-0.30%)
Fund Info
Inception May 20, 2011
Sponsor New Mountain Finance Advisers
Website www.newmountainfinance...
Phone 212-720-0300
Location New York
Incorporated Delaware
Staggered Board Yes
Objective: Current income and capital appreciation; debt securities of high quality, defensive growth companies
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 96,906,988
Total Assets (Reported: Sept. 30, 2021) $3,168M
Estimated Total Assets $3,042M
Net Assets $1,285M
Market Cap $1,318M
Portfolio Turnover 33.11%
Debt-to-Equity 1.1723
Total Leverage 57.76%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 12.07%
Non Lev Exp Ratio 6.43%
Gross Asset Expense Ratio 4.78%
Gross Asset Non Lev Exp Ratio 2.54%
Rel Lev Cost 3.87%
Discount Data
Average Discount (3 Yr) -4.45%
Discount Low(3 Yr) -61.16%
Discount High(3 Yr) 8.90%
Discount Rel Range 90.96%
Comp Discount -0.08
Discount St Dev (1Yr) 3.60
Z-Stat (6mo) 0.39
Z-Stat (1Yr) 0.74
Z-Stat (3Yr) 0.59
Comp Z-Stat (6mo) 0.72
Comp Z-Stat (3Yr) -0.16
Distribution Data
Market Yield 8.82%
Income Yield 8.82%
Lev Adj NAV Yield 5.74%
Av Yield on Debt Investments 8.80
Distribution Frequency Q
Current Distribution $0.300
Current Income $0.300
Ex-Date 12/15/21
Payable Date 12/30/21
Div Growth (3yr) -11.76%
Dividend Change -11.8% on 4/29/20
Expected Div 2/16/22
RoC (1yr) 4.08%
RoC (3yr) 13.84%
Tax Dividend Data 2020 2018 - 2020
Income 83.7% 82.4%
ST Gains 0% 0%
QDI 0% 4.8%
LT Gains 0% 0%
RoC 16.3% 17.6%
Volume & Liquidity
Average Daily $ (M) $3,522
Avg Volume 30 day 219,341
Avg Volume 90 day 258,940
Volume Trend -15.29%
Comp Volume Trend -20.23%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): TCPC 77.0%
Price St Dev (1Yr) 17.2%
NAV St Dev (1Yr) 5.2%
Earnings / Share (9/30/21) $0.316
Adj Core NII Coverage 105.41%
1 Yr Avg NII Coverage 101.72%
1 Yr Avg Adj Core NII Coverage 101.74%
NII Trend 2.36%
Adj Core NII Trend 2.39%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % %
% Loans with Libor Floor 0%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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