MSC Income Fund (MSIF) vs New Mountain Finance (NMFC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
MSC Income Fund (MSIF) has outperformed New Mountain Finance (NMFC) over the past year, losing 12.9% versus a loss of 27.8%. New Mountain Finance is the larger company by market cap ($636.6 million vs $526.9 million), about 1.2 times the size. On valuation, New Mountain Finance trades at a lower forward P/E (6.4x vs 8.0x for MSC Income Fund).
New Mountain Finance offers the higher dividend yield (17.95% vs 11.96%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MSIF | NMFC |
|---|---|---|
| Share price | $11.62 | $6.74 |
| Market cap | $526.91M | $636.61M |
| 1-day change | -0.94% | -1.46% |
| YTD return | -11.57% | -26.82% |
| 1-year return | -12.89% | -27.76% |
| 5-year return | — | -50.59% |
| P/E ratio (TTM) | 5.46 | — |
| Forward P/E | 8.01 | 6.42 |
| EPS (TTM) | $2.13 | $-0.48 |
| Dividend yield | 11.96% | 17.95% |
| Annual dividend | $1.39 | $1.21 |
| 52-week high | $14.46 | $9.84 |
| 52-week low | $10.80 | $6.69 |
| Distance from 52-week high | -19.64% | -31.50% |
| Analyst consensus | none | none |
| Avg. price target upside | +22.29% | +23.00% |
| Average volume | 246.04K | 527.35K |
| Shares outstanding | 45.35M | 94.45M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MSIF has outperformed NMFC by 14.9 percentage points over the past year.
- New Mountain Finance offers a meaningfully higher dividend yield (17.95% vs 11.96%).
About MSC Income Fund
MSIF stock →MSC Income Fund, Inc. is a Business Development Company specializing in middle market debt and debt and equity investments in lower middle market companies.
Finance · Finance/Investors Services
About New Mountain Finance
NMFC stock →New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies.
Finance · Finance/Investors Services
MSIF vs NMFC FAQ
Which is bigger, MSC Income Fund or New Mountain Finance?
New Mountain Finance (NMFC) is larger, with a market capitalization of $636.61M compared with $526.91M for MSC Income Fund (MSIF).
Which stock has performed better over the past year, MSIF or NMFC?
MSIF returned -12.89% over the past 12 months, compared with -27.76% for NMFC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, MSC Income Fund or New Mountain Finance?
New Mountain Finance has the higher yield at 17.95%, compared with 11.96% for MSC Income Fund.
Are MSC Income Fund and New Mountain Finance in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.