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November 3 , 2021 NMF NEW MOUNTAIN FINANCE CORPORATION New Mountain Finance Corporation Announces Financial Results for the Quarter Ended September 30 , 2021 Reports Net Investment Income of $ 0.31 per Share , Exceeding Previous Guidance Announces a Permanent Decrease in the Base Management Fee from 1.75 % to 1.40 % Extends Previously Announced Dividend Protection Program NEW YORK -- ( BUSINESS WIRE ) -- New Mountain Finance Corporation ( NASDAQ : NMFC ) ( the " Company " , " we " , " us " or " our " ) today announced its financial results for the quarter ended September 30 , 2021 and reported third quarter net investment income of $ 0.31 per weighted average share . At September 30 , 2021 , net asset value ( " NAV " ) per share was $ 13.26 , compared to $ 13.33 at June 30 , 2021. The Company also announced that its board of directors declared a fourth quarter distribution of $ 0.30 per share , which will be payable on December 30 , 2021 to holders of record as of December 16 , 2021. For additional details related to the quarter ended September 30 , 2021 , please refer to the New Mountain Finance Corporation Form 10 - Q filed with the SEC and the supplemental investor presentation which can be found on the Company's website at http://www.newmountainfinance.com . Selected Financial Highlights ( in thousands , except per share September 30 , 2021 data ) Investment Portfolio ( 1 ) $ 3,033,076 Total Assets $ 3,168,111 Total Statutory Debt ( 3 ) $ 1,529,828 NAV ( 2 ) $ 1,284,905 NAV per Share $ 13.26 Statutory Debt / Equity 1.19x Investment Portfolio Composition September 30 , 2021 Percent of Total First Lien $ 1,472,741 48.6 % Second Lien ( 1 ) 743,040 24.5 % Subordinated 38,863 1.3 % Preferred Equity 147,313 4.8 % Investment Fund 252,400 8.3 % Common Equity and Other ( 4 ) 378,719 12.5 % Total $ 3,033,076 100.0 %