New Mountain Finance Q2 adjusted NII falls to $0.26/share from $0.32 a year earlier
New Mountain Finance reported adjusted net investment income of $24.7 million, or $0.26 per share, for the quarter ended June 30, 2026, down from $0.32 per share in the second quarter of 2025. Net asset value was $10.89 per share, compared with $10.92 at March 31, 2026, and the company declared a third quarter distribution of $0.25 per share, below the $0.32 paid in third quarter 2025.
Key points
- Adjusted net investment income of $24.7 million, or $0.26 per weighted average share, versus $0.32 in Q2 2025
- Net increase in net assets from operations of $17.3 million ($0.18 per share) versus $7.8 million ($0.07 per share) a year earlier
- Non-accruals fell to 1.5% of fair value in Q2 from 2.6% in Q1
- Third quarter distribution of $0.25 per share, payable September 30, 2026, to holders of record as of September 16, 2026
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.