v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited) - USD ($)
 3 Months Ended 6 Months Ended 41 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited)              
Beginning balance $ 165,477,926 $ 162,387,880 $ 112,247,321 $ 108,022,022 $ 162,387,880 $ 108,022,022  
Beginning balance (in shares)   10,715,095     10,715,095    
Net investment income 3,645,199 $ 3,306,751 3,862,634 3,552,515      
Net realized gain on investments 67,495            
Net realized gain on foreign currency translation 4,798 1,621 6,403 8,442      
Net change in unrealized appreciation (depreciation) on non-controlled, non-affiliated investments 1,024,545 1,180,792 (417,099) 333,461      
Net change in unrealized appreciation (depreciation) on foreign currency translations 22,698 13,034 (4,288) (8,881)      
Benefit (provision) for taxes on net unrealized loss (gain) on investments (23,593) 61,859 (42,087) 45,885 $ 38,266 3,798  
Distributions from net investment income (3,934,324) (3,881,841) (4,075,936) (3,610,362)      
Issuance of common shares of beneficial interest 4,223,484 2,407,830 31,055,938 3,904,239      
Issuance of common shares of beneficial interest (in shares)         11,127,069   11,127,069
Redemption of common shares of beneficial interest (342,751)            
Ending balance $ 170,165,477 165,477,926 142,632,886 112,247,321 $ 170,165,477 142,632,886 $ 170,165,477
Ending balance (in shares) 11,127,069       11,127,069   11,127,069
Common Shares of Beneficial Interest              
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited)              
Beginning balance $ 108,733 $ 107,151 $ 73,580 $ 71,021 $ 107,151 $ 71,021  
Beginning balance (in shares) 10,873,321 10,715,095 7,358,038 7,102,136 10,715,095 7,102,136  
Issuance of common shares of beneficial interest $ 2,764 $ 1,582 $ 20,325 $ 2,559      
Issuance of common shares of beneficial interest (in shares) 276,357 158,226 2,032,499 255,902      
Redemption of common shares of beneficial interest $ (226)            
Redemption of common shares of beneficial interest (in shares) (22,609)            
Ending balance $ 111,271 $ 108,733 $ 93,905 $ 73,580 $ 111,271 $ 93,905 $ 111,271
Ending balance (in shares) 11,127,069 10,873,321 9,390,537 7,358,038 11,127,069 9,390,537 11,127,069
Paid-in capital              
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited)              
Beginning balance $ 161,889,683 $ 159,483,435 $ 108,711,728 $ 104,810,048 $ 159,483,435 $ 104,810,048  
Issuance of common shares of beneficial interest 4,220,720 2,406,248 31,035,613 3,901,680      
Redemption of common shares of beneficial interest (342,525)            
Ending balance 165,767,878 161,889,683 139,747,341 108,711,728 165,767,878 139,747,341 $ 165,767,878
Total distributable gain              
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited)              
Beginning balance 3,479,510 2,797,294 3,462,013 3,140,953 2,797,294 3,140,953  
Net investment income 3,645,199 3,306,751 3,862,634 3,552,515      
Net realized gain on investments 67,495            
Net realized gain on foreign currency translation 4,798 1,621 6,403 8,442      
Net change in unrealized appreciation (depreciation) on non-controlled, non-affiliated investments 1,024,545 1,180,792 (417,099) 333,461      
Net change in unrealized appreciation (depreciation) on foreign currency translations 22,698 13,034 (4,288) (8,881)      
Benefit (provision) for taxes on net unrealized loss (gain) on investments (23,593) 61,859 (42,087) 45,885      
Distributions from net investment income (3,934,324) (3,881,841) (4,075,936) (3,610,362)      
Ending balance $ 4,286,328 $ 3,479,510 $ 2,791,640 $ 3,462,013 $ 4,286,328 $ 2,791,640 $ 4,286,328