New Mountain Guardian IV Income Fund, L.L.C. 8-K

What Happened

• New Mountain Guardian IV Income Fund, L.L.C. filed a Form 8-K on May 13, 2026 (Item 7.01) disclosing its consolidated schedule of investments and the way it classifies portfolio holdings by industry and sub-classification. The filing shows portfolio allocations across 11 industry types with sub-classifications used for internal monitoring as of March 31, 2026.

Key Details

• Portfolio industry allocation (percent of total investments at fair value as of 3/31/2026):
  • Business Services: 33.9%
  • Software: 30.8%
  • Financial Services & Technology: 15.1%
  • Healthcare: 10.1%
  • Remaining categories (Consumer Services, Education, etc.) make up the balance to 100.0%.
• Largest sub-classifications include Insurance & Benefits Services (10.6%), Enterprise Resource Planning (8.3%), IT Infrastructure & Security (7.4%), and Financial Services (8.1%).
• The firm reports these classifications quarterly on Form 10-Q and annually on Form 10-K; sub-classifications reflect internal monitoring of each portfolio company’s business mix.
• The 8-K was signed by Eric Kane, Corporate Secretary, on May 13, 2026.

Why It Matters

• This filing gives investors a clear, up-to-date view of sector exposure and concentration within the fund’s portfolio—notably heavy weightings in Business Services and Software (combined ~64.7%).
• Knowing the breakdown helps retail investors assess which industries are likely driving returns and risks (e.g., technology vs. financial services vs. healthcare) without implying any change in strategy or new transactions.
• The disclosure is primarily transparency and regulatory compliance; it does not announce earnings, executive changes, or transactions.