For the six months ended June 30,

2025(1)

2024(1)

Net Asset Value Per Unit (accrual base), Beginning of Period

$

25.22

$

31.38

Income from Investment Operations:

Net investment income

0.17

0.77

Net realized and unrealized loss

(0.16

)

(2.49

)

Total income (loss) from investment operations

0.01

(1.72

)

Less Distributions:

From net investment income

—

(0.36

)

Total distributions

—

(0.36

)

Net Asset Value Per Unit (accrual base), End of Period

$

25.23

$

29.30

Common Unitholder Total Return(2)(3)

0.03

%

(9.71

)%

Common Unitholder IRR(4)

6.91

%

7.83

%

Ratios and Supplemental Data:

Members’ Capital, end of period

$

255,870

$

329,279

Units outstanding, end of period

18,034,649

18,034,649

Ratios based on average net assets of Members’ Capital:

Ratio of total expenses to average net assets(5)

5.89

%

5.25

%

Expenses waived by Investment Adviser(5)

(1.27

)%

(0.49

)%

Ratio of net expenses to average net assets(5)

4.62

%

4.76

%

Ratio of financing cost to average net assets(3)

1.20

%

0.95

%

Ratio of net investment income before expenses reimbursed to average net assets(5)

1.06

%

6.72

%

Ratio of net investment income to average net assets(5)

2.33

%

7.70

%

Credit facility payable

$

73,250

$

81,550

Asset coverage ratio

4.49

5.04

Portfolio turnover rate(3)

2.46

%

0.39

%