NMFC News and Press, New Mountain Finance Corporation From 10/07/21

New Mountain Finance Corporation (Nasdaq: NMFC) (“NMFC” or “the Company”) today announced that it will release its financial results for the quarter ended September 30, 2021 on Wednesday, November 3, 2021 after the close of the U.S. financial markets. Additio...

New Mountain Finance has committed to paying out $0.30 through the end of 2022 via its recently announced dividend support program. The company has generated sector-beating historic NAV returns while trading at a below-average valuation. Recent reductions in debt interest cost and...

BDCs continue to easily outperform with only a handful of REITs providing investors with annualized returns of over 10% since 2019. Most mortgage REITs and many of the equity REITs have had negative stock price performance over the last 21 months. For the same amount of income wit...

The current discount for FGB is quite appealing, this fund had regularly traded at premiums before 2020. The fund's distribution rate comes to 8.33%, but had been cut twice over the last couple of years. This is a more aggressive play as the BDC space can be quite volatile, then F...

This is part of a series of articles discussing "Level 1" dividend coverage BDCs with higher potential for dividend growth and/or supplemental and special dividends. CSWC remains a "Level 1" and I'm expecting additional increases in the regular dividend plus continued supplemental/spe...

Strategy and portfolio. Past performance. Portfolio quality. For further details see: KBWD: High Yield With Capital Decay

New Mountain Finance has a strong track record of shareholder returns, and its employees own 12% of the company. It invests primarily in senior secured loans and could see continued NAV improvements. Management appears to be shareholder-friendly, as it waived a part of its base ma...

This is part of a series of articles discussing 'Level 1' dividend coverage BDCs with higher potential for dividend growth and/or supplemental and special dividends. Fidus Investment remains a 'Level 1' for the reasons discussed in this article. So far in 2021, there have been at ...

This is part of a series of articles discussing 'Level 1' dividend coverage BDCs with higher potential for dividend growth and/or supplemental and special dividends. Oaktree Specialty Lending remains a 'Level 1' for the reasons discussed in this article, and I have included dividend p...

The following slide deck was published by New Mountain Finance in conjunction with their 2021 Q2 earnings call. For further details see: New Mountain Finance 2021 Q2 - Results - Earnings Call Presentation