NMF SLF I, Inc

CIK 0001766037New Mountain

NMF SLF I, Inc. is a non-traded business development company advised by New Mountain. With $1.6 billion in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 98% in first-lien senior secured loans and 99% floating-rate, at a weighted-average spread of 489 bps over the base rate. Its largest sector exposure is Information Technology (24% of holdings).

NAV/Share

$10.23

AUM

$1.6B

Positions

404

Strategy

Private Credit

Wtd. Avg. Coupon

8.9%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.0 yrs

99% coverage

Top 10 Concentration

16.4%

Instrument type

Share of portfolio fair value

First Lien

97%

of fair value

First Lien Senior Loans96.8%

Second Lien Loans1.2%

Unsecured Loans0.8%

Equity1.1%

Industry exposure

Share of holdings fair value

Top 5

90%

of holdings

Information Technology24.0%

Financials17.5%

Industrials16.8%

Health Care11.6%

Communication Services2.4%

Energy2.0%

Utilities1.6%

Other1.4%

Materials1.4%

Consumer Discretionary1.2%

Unknown20.1%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

6.6%