Financial Highlights (Tables)

12 Months Ended

Dec. 31, 2024

The following information sets forth the Company's financial highlights for the year ended December 31, 2024 and for the period from May 24, 2023 (commencement of operations) to December 31, 2023.


	Year Ended
	December 31, 2024			December 31, 2023 (1)
Per unit data(2):
Members' capital, December 31, 2023 and May 24, 2023 (commencement of operations), respectively	$	10.02		$	10.00
Net investment income (loss)	0.95			0.26
Net realized and unrealized gains (losses)	0.06			0.45
Total net increase (decrease)	1.01			0.71


Net increase (decrease) in members' capital from capital transactions	(0.01)			(0.24)
Distributions declared to unitholders from net investment income	(0.98)			(0.45)


Members' capital, December 31, 2024 and December 31, 2023, respectively	$	10.04		$	10.02
Total return based on members' capital(3)	10.31		%	4.84		%
Units outstanding at end of period	33,306,325			10,560,000
Average weighted Units outstanding for the period	20,475,860			2,751,057
Average members' capital for the period	$	205,321		$	27,134
Ratio to average members' capital:
Net investment income (loss)(4)	9.51		%	6.93		%
Total expenses, before waivers(4)	4.11		%	14.15		%
Total expenses, net of waivers(4)	3.86		%	11.37		%

Average debt outstanding—Unsecured Management Company Revolver	$	—		$	521
Average debt outstanding—BMO Subscription Line	$	20,331		$	5,333

Asset coverage ratio(5)	676.45		%	N/A
Portfolio turnover	23.83		%	0.80		%

Capital Commitments	$	512,405		$	211,200
Funded Capital Commitments	$	333,063		$	105,600
% of Capital Commitments funded	65.00		%	50.00		%

(1)For the year ended December 31, 2023, amounts represent the period from May 24, 2023 (commencement of operations) to December 31, 2023.

(2)Per unit data is based on weighted average units outstanding for the respective period (except for distributions declared to unitholders, which are based on actual rate per unit).

(3)Total return is calculated assuming a purchase price at members' capital per Unit on the first day of the year and a sale at members' capital per Unit on the last day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at members' capital per Unit on the last day of the respective quarter.

(4)Annualized for the period from May 24, 2023 (commencement of operations) to December 31, 2023, except organizational and offering costs.

(5)N/A - As of December 31, 2023, there was no outstanding balance under the BMO Subscription Line or Unsecured Management Company Revolver.

New Mountain Guardian IV Income Fund, L.L.C. 10-K