v3.25.1
Consolidated Statement of Assets and Liabilities (Unaudited)
Mar. 31, 2025
USD ($)
$ / shares
Investments  
Non-controlled / non-affiliated investments, at fair value (cost of $54,317,248) $ 54,305,939
Cash and cash equivalents 26,261,302
Interest receivable 368,452
Prepaid expenses and other assets 58,899
Total assets 80,994,592
Liabilities  
Base management fees payable 148,264
Incentive fees payable 223,588
Accrued Board of Trustees’ fees 38,000
Accrued audit and tax fees 77,000
Accrued expenses and other liabilities 259,203
Distribution payable 381,308
Line of credit, net of deferred financing costs 11,746,110
Total liabilities 12,873,473
Net assets  
Common shares, par value $0.01 per share (unlimited shares authorized; 2,723,631 shares issued and outstanding at March 31, 2025) 27,236
Paid-in-capital in excess of par value 68,063,531
Total distributable earnings (loss) 30,352
Total net assets 68,121,119
Total liabilities and net assets $ 80,994,592
Net asset value per share | $ / shares $ 25.01