v3.25.2
Consolidated Statements of Changes in Net Assets - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Increase (decrease) in net assets        
Net investment income $ 3,109,131 $ 2,050,778 $ 5,598,588 $ 3,928,866
Net realized gain (loss) 40,758 3,597 55,073 6,492
Change in net unrealized appreciation (depreciation) (872,419) 301,138 (490,407) 785,427
Increase (decrease) in net assets resulting from operations 2,277,470 2,355,513 5,163,254 4,720,785
Class NAV (3,082,107) (2,159,774) (5,411,043) (3,250,408)
Increase (decrease) from share transactions        
Class NAV 45,000,000 0 60,000,000 45,000,000
Total increase (decrease) 44,195,363 195,739 59,752,211 46,470,377
Beginning of period 127,026,312 112,737,757 111,469,464 [1],[2] 66,463,119
End of period $ 171,221,675 [1],[2] $ 112,933,496 $ 171,221,675 [1],[2] $ 112,933,496
Beginning of period 6,076,649 5,360,173 5,360,173 3,204,574
Shares issued 2,179,731 0 2,896,207 2,155,599
End of period 8,256,380 5,360,173 8,256,380 5,360,173
[1] 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.
[2] 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.