Portfolio Composition

Goldman Sachs BDC, Inc. reported Q4 2025 results with net investment income of $0.37 per share and NAV at $12.64. The $3.9 billion portfolio is heavily weighted towards senior secured debt. New commitments were $394.9 million, with net funded activity of $69.5 million. One investment was placed on non-accrual. Leverage increased to 1.27x. The company also issued new notes and declared dividends.

New Mountain Finance Corporation (NMFC) reported Q2 2025 net investment income of $0.32 per share and declared a Q3 distribution of $0.32 per share. The net asset value was $12.21 per share, down from $12.45 in the previous quarter. Approximately 95% of the portfolio is internally rated green. NMFC increased its senior-oriented asset mix to 78% and repurchased $9.6 million of shares. The company also received a third SBIC license. The investment portfolio stood at $3,014.2 million across 124 companies.