Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year NMFC paid 16.5% but its total return was -15.9%, so none of the payout was earned: the price fell by more than the fund paid out.
| Earned % (3 months) | below -100% |
| Earned % (1 year) | below -100% |
| Earned % (full history, up to 5 yrs) | -9% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 27.8 / 100 · rank #370 of 420. How the score works
Risk
| Sortino ratio (1Y) | -1.26 |
| Sharpe ratio (1Y) | -0.86 |
| Steadiness vs S&P 500 | 54% |
| Beta to S&P 500 | 0.52 |
| Correlation to S&P 500 | 0.28 |
| Max drop (1Y) | -23.2% |
| Max drop (up to 5 yrs) | -31.4% |
| Trend | Downtrend |
| History | 5.0 yrs |
Vs. BIZD (what it's built on)
| Upside capture | 99% |
| Downside capture | 113% |
| Capture ratio | 0.88 |
| Beta | 1.05 |
| Correlation | 0.81 |
| Tracking | – |
On days BIZD rose, NMFC caught 99% of the gain; on days it fell, NMFC took 113% of the loss.
Payout history
Each bar is one payout (last 21 shown). Pays Quarterly.
| Ex-date | Amount |
|---|---|
| 2026-09-16 | $0.2500 |
| 2026-06-16 | $0.2500 |
| 2026-03-17 | $0.3200 |
| 2025-12-17 | $0.3200 |
| 2025-09-16 | $0.3200 |
| 2025-06-16 | $0.3200 |
| 2025-03-17 | $0.3200 |
| 2024-12-17 | $0.3300 |
| 2024-09-16 | $0.3400 |
| 2024-06-14 | $0.3400 |
| 2024-03-14 | $0.3600 |
| 2023-12-21 | $0.1000 |
Funds that track the same thing
Other BDCs income funds, ranked by DT Score. See them all · Compare NMFC with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CSWC Capital Southwest | BDC | 10.0% | 11.0% | +26.7% | 205% | 84% | 65% | – | 72 | 38 | Downtrend |
| TRIN Trinity Capital | BDC | 11.5% | 12.4% | +38.9% | 253% | 92% | 63% | – | 70 | 70 | Uptrend |
| GAIN Gladstone Investment | BDC | 6.5% | 6.5% | +13.8% | 205% | 77% | 63% | – | 69 | 28 | Downtrend |
| GLAD Gladstone Capital | BDC | 10.1% | 10.2% | +11.7% | 112% | 101% | 91% | – | 67 | 84 | Uptrend |
| MAIN Main Street Capital | BDC | 12.1% | 8.1% | +7.8% | 96% | 109% | 100% | – | 62 | 70 | Uptrend |
| MSIF MSC Income Fund | BDC | 10.5% | 10.4% | +15.6% | 122% | 97% | 83% | – | 62 | 79 | Mixed |
| BBDC Barings BDC | BDC | 12.0% | 12.0% | +7.6% | 60% | 93% | 84% | – | 59 | 36 | Downtrend |
| BXSL Blackstone Secured Lending Fund | BDC | 12.8% | 12.8% | +4.7% | 33% | 100% | 95% | – | 51 | 76 | Mixed |
| ARCC Ares Capital Corp | BDC | 10.0% | 10.0% | +5.2% | 35% | 87% | 84% | – | 49 | 59 | Mixed |
| FDUS Fidus Investment | BDC | 10.2% | 10.9% | +5.4% | 45% | 87% | 80% | – | 48 | 83 | Uptrend |
About NMFC
| Issuer | New Mountain Capital |
| Structure | BDC |
| Category | BDC |
| Strategy | Lends to private companies; income from interest, paid out >=90% as RIC |
| Underlying | Defensive-growth middle-market loans |
| Exposure | BDCs |
| Index linkage | No - active |
| Pays | Quarterly |
| Expense ratio | – |
| Launched | 2011 |
| Uses leverage | Yes |
| Upside capped | No |
| Rate sensitivity | High |
| Return of capital common | Sometimes |
| Tax notes | Distributions mostly ordinary income (not QDI); interest-related dividends partly excluded from 199A; 1099-DIV. |
Research notes: Dividend cut to $0.30 in 2025; deep discount to NAV (~0.7-0.8x). Verify.
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