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Mar 31, 2023
NMFC Q1 2023 Earnings Report
Reported a strong start to 2023 with net investment income per share growth and stable credit performance.
Key Takeaways
New Mountain Finance Corporation reported a solid first quarter with net investment income of $0.38 per share and a net asset value of $13.14 per share. The company's net investment income per share outpaced its regular quarterly dividend, leading to a supplemental distribution of $0.03 per share.
Net investment income was $0.38 per weighted average share.
Net asset value (NAV) per share was $13.14, compared to $13.02 on December 31, 2022.
A second quarter regular distribution of $0.32 per share and a supplemental distribution of $0.03 per share were declared.
The portfolio had a fair value of $3,286.9 million in 112 portfolio companies with a weighted average YTM at Cost of approximately 10.9%.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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