Taxable/Distributable Income (Tables)

9 Months Ended

Jun. 30, 2025

Schedule of Reconciliation of Net Increase (Decrease) in Net Assets Resulting from Operations

Presented below is a reconciliation of net increase (decrease) in net assets resulting from operations to taxable income for the three and nine months ended June 30, 2025 and 2024:


	Three months ended June 30, 2025		Three months ended June 30, 2024		Nine months ended June 30, 2025		Nine months ended June 30, 2024
Net increase (decrease) in net assets resulting from operations	$	83,755	$	58,227	$	213,435	$	167,638
Net unrealized (appreciation) depreciation	(16,793)		3,198		13,157		(13,066)
Book/tax difference due to capital gains incentive fees	100		(427)		(2,372)		2,033
Other book/tax differences (1)	(13,743)		1,025		(11,508)		(4,234)





Taxable income (2)	$	53,319	$	62,023	$	212,712	$	152,371

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(1)For the three and nine months ended June 30, 2025, the other book/tax difference was primarily due to changes in unrealized value of foreign currency forwards.

(2)The Company’s taxable income for the three and nine months ended June 30, 2025 is an estimate and will not be finally determined until the Company files its tax return for the fiscal year ending September 30, 2025. The final taxable income may be different than the estimate.

Schedule of Components of Accumulated Overdistributed Earnings

As of September 30, 2024, the Company’s last tax year end, the components of accumulated overdistributed earnings on a tax basis were as follows:


Overdistributed ordinary income, net	$	(60,970)
Net realized capital gains	10,137
Unrealized gains, net	43,084
Accumulated overdistributed earnings	$	(7,749)