June 30, 2025

December 31, 2024

Industry Classification

Amortized Cost

Fair Value

% of Fair
Value

Amortized Cost

Fair Value

% of Fair
Value

Aerospace & Defense

$

20,507,151

$

20,671,800

2.23

%

$

45,540,104

$

45,623,118

5.12

%

Automobiles & Components

15,953,968

15,963,165

1.72

19,406,634

19,567,821

2.20

Business Services

37,506,712

38,605,746

4.16

45,408,746

46,722,292

5.24

Commercial Services

9,377,340

9,453,779

1.02

9,151,816

9,263,700

1.04

Consumer Apparel

10,761,560

9,316,232

1.00

10,879,328

9,460,828

1.06

Consumer Brands

4,735,369

4,737,276

0.51

4,735,345

4,778,687

0.54

Consumer Products

25,987,436

26,926,253

2.90

26,572,439

27,451,180

3.08

Consumer Services

—

1,744,709

0.19

—

1,452,401

0.16

E-Commerce

25,188,645

19,736,922

2.13

31,681,893

25,617,170

2.87

Education

7,504,023

7,465,631

0.80

—

—

—

Energy

11,222,349

11,126,423

1.20

—

—

—

Environmental Solutions

15,864,196

16,000,358

1.72

15,603,000

15,594,785

1.75

Fitness & Leisure

14,831,192

14,980,219

1.61

10,689,826

11,019,232

1.24

Food & Beverage

26,452,353

26,170,615

2.82

10,184,494

9,964,578

1.12

Gaming & Entertainment

27,574,072

28,417,805

3.06

12,677,614

12,756,535

1.43

Government Services

11,749,250

11,804,323

1.27

10,412,630

10,496,974

1.18

Healthcare Equipment & Supplies

18,184,472

18,011,640

1.94

13,452,288

13,445,474

1.51

Healthcare Providers & Services

60,567,371

51,767,414

5.58

59,051,706

54,807,953

6.15

Healthcare Technology

16,513,656

16,565,021

1.79

16,732,001

16,796,811

1.89

Industrial Products & Services

68,879,269

68,841,988

7.42

72,711,060

71,759,336

8.05

Industrial Real Estate

—

—

—

5,044,082

5,023,214

0.56

Insurance & Insurance Services

19,830,118

19,661,391

2.12

12,601,730

12,646,297

1.42

Manufacturing

—

—

—

8,248,666

8,491,346

0.95

Media: Diversified & Production

21,259,507

21,160,981

2.28

21,410,976

21,204,573

2.38

Multi-Family

22,166,739

8,459,649

0.91

28,374,320

15,174,116

1.70

Oilfield Services

36,117,872

36,171,229

3.90

30,200,315

30,429,425

3.42

Paper & Packaging

47,786,703

46,872,769

5.05

49,653,490

46,887,093

5.26

Pharmaceuticals & Life Sciences

15,556,096

13,442,925

1.45

30,755,017

28,204,141

3.17

Power Generation

15,884,549

16,108,471

1.74

16,711,504

16,784,859

1.88

Professional Services

20,817,972

21,011,581

2.26

19,627,367

19,925,967

2.24

Utilities

4,993,703

4,990,075

0.54

—

—

—

Real Estate Development & Management

27,897,590

27,399,493

2.95

25,857,920

25,766,625

2.89

Software & Services

116,331,777

116,470,383

12.55

88,131,797

87,300,854

9.80

Specialty Chemicals

9,082,472

9,099,832

0.98

10,341,858

10,281,804

1.15

Specialty Retail

37,990,411

44,984,026

4.85

41,881,575

46,053,641

5.17

Technology

60,104,418

61,097,607

6.59

45,828,563

45,997,815

5.16

Technology Hardware & Equipment

17,778,572

17,582,547

1.90

18,319,538

18,258,574

2.05

Telecommunications

19,089,445

14,643,123

1.58

18,915,705

17,313,343

1.94

Transportation & Logistics

29,349,909

28,758,080

3.10

29,253,850

27,298,509

3.06

Other

3,778,309

1,467,056

0.18

3,724,975

1,424,586

0.17

Total

$

955,176,546

$

927,688,537

100.00

%

$

919,774,172

$

891,045,657

100.00

%