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New Mountain Finance Corp. (NYSE:NMFC) Seasonal Chart

Seasonal Chart Analysis

Analysis of the New Mountain Finance Corp. (NYSE:NMFC) seasonal charts above shows that a Buy Date of March 9 and a Sell Date of July 2 has resulted in a geometric average return of 2.65% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 7 of those periods. This is a very good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 7.49% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Financial sector, which runs from November 22 to April 13. The seasonal chart for the broad sector is available via the following link: Financial Sector Seasonal Chart.

A word of caution: Only 8 years of data is available for shares of NMFC, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants or options received in connection with debt investments or may include a direct investment in the equity of private companies. It is a business development company primarily focused on lending to middle-market companies in defensive growth industries. The company’s investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities.

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