v3.25.2
Consolidated Financial Highlights - Summary of Consolidated Financial Highlights (Details) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Investment Company, Financial Highlights [Line Items]    
Net asset value, beginning of period $ 20.8 $ 20.74
Net investment income [1] 0.85 0.79
Net realized and unrealized gain (loss) on investments (0.15) 0.14
Total from investment operations 0.7 0.93
From investment income (0.76) (0.6)
Total distributions (0.76) (0.6)
Net asset value, end of period $ 20.74 $ 21.07
Total return (%) [2],[3] 3.22% 4.53%
End of period $ 171,221,675 [4],[5] $ 112,933,496
Expenses before reductions 6.87% [6] 4.13% [7]
Expenses including reductions 6.18% [6] 2.39% [7]
Interest and credit facility expenses 3.42% [6] 0.00%
Incentive fees 1.21% [6] 0.00%
Expenses including reductions (excluding interest and credit facility expenses and incentive fees) 1.54% [6] 1.50% [7]
Net investment income 8.22% [6] 7.45% [7]
Portfolio turnover 5.00% 2.00%
Total debt outstanding end of period $ 49,000,000 $ 2,000,000
Asset coverage per $1,000 of debt, end of period [8] $ 4,487 $ 57,467
[1] Based on average monthly shares outstanding.
[2] Not annualized.
[3] Total return would have been lower had certain expenses not been reduced during the applicable period.
[4] Securities are valued using significant unobservable inputs and are classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the consolidated financial statements.
[5] Senior loans are variable rate obligations which generally pay interest rates that are periodically redetermined by reference to a base lending rate and spread, which are both subject to change. The rate shown represents the rate at period end.
[6] Annualized.
[7] Annualized. Certain expenses have been presented unannualized.
[8] Asset coverage equals the total net assets plus borrowings divided by the borrowings of the Fund outstanding at period end (Note 5). As debt outstanding changes, the level of invested assets may change accordingly. Asset coverage ratio provides a measure of leverage.