v3.26.1
Schedule of Investments (Parenthetical) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Schedule of Investments [Line Items]    
Cost of investments for income tax purposes $ 420,039,897 $ 416,783,126
Gross unrealized depreciation for federal tax purposes 18,605,180 12,102,270
Gross unrealized appreciation for federal income tax purposes 6,074,684 5,350,419
Net unrealized depreciation $ 12,530,496 $ 6,751,851
Bank Loans [Member]    
Schedule of Investments [Line Items]    
Percentage of net assets (95.00%) [1],[2],[3],[4],[5],[6],[7] (94.60%) [8],[9],[10],[11],[12],[13],[14],[15],[16]
Equity and Preferred Shares [Member]    
Schedule of Investments [Line Items]    
Percentage of net assets [1],[2],[3],[4],[5],[6],[7] (2.40%)  
Investment, Identifier [Axis]: Portfolio Investments BANK LOANS: NON-CONTROL/NON-AFFILIATE INVESTMENTS - (94.3%)    
Schedule of Investments [Line Items]    
Percentage of net assets [8],[9],[10],[11],[12],[13],[14],[15],[16]   (94.30%)
Investment, Identifier [Axis]: Portfolio Investments EQUITY AND PREFERRED SHARES: NON-CONTROL/NON-AFFILIATE INVESTMENTS- (1.5%)    
Schedule of Investments [Line Items]    
Percentage of net assets [8],[9],[10],[11],[12],[13],[14],[16]   (1.50%)
Investment, Identifier [Axis]: Portfolio Investments EQUITY AND PREFERRED SHARES: NON-CONTROL/NON-AFFILIATE INVESTMENTS- (1.6%)    
Schedule of Investments [Line Items]    
Percentage of net assets [8],[9],[10],[11],[12],[13],[14],[16]   (1.60%)
[1] All companies are located in the United States of America, unless otherwise noted.
[2] All investments acquired in transactions are exempt from registration under the Securities Act of 1933 (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act.
[3] All investments are qualifying assets under Section 55(a) of the Investment Company Act of 1940, as amended (the "1940 Act") unless otherwise noted.
[4] All loans are income-producing, unless otherwise noted.
[5] As defined in 1940 Act, the Company is not deemed to be an “Affiliated Person” of or “Control” this portfolio company because it neither owns 5% or more of the portfolio company’s outstanding voting securities nor has the power to exercise control over the management or policies of such portfolio company (including through a management agreement).
[6] Interest rate percentages represent actual interest rates as of December 31, 2025, which are indexed to the noted reference rate. The referenced rates are subject to interest floors which can vary based on contractual agreements with the borrower.
[7] Unless indicated otherwise, all of our investments are valued using Level 3 inputs within the FASB Accounting Standard Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures” (“ASC 820”) fair value hierarchy. Refer to Note 3 – Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[8] All companies are located in the United States of America, unless otherwise noted.
[9] All investments acquired in transactions are exempt from registration under the Securities Act of 1933 (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act.
[10] All investments are qualifying assets under Section 55(a) of the Investment Company Act of 1940, as amended (the "1940 Act") unless otherwise noted.
[11] All loans are income-producing, unless otherwise noted.
[12] As defined in 1940 Act, the Company is not deemed to be an “Affiliated Person” of or “Control” this portfolio company because it neither owns 5% or more of the portfolio company’s outstanding voting securities nor has the power to exercise control over the management or policies of such portfolio company (including through a management agreement).
[13] Interest rate percentages represent actual interest rates as of December 31, 2024, which are indexed to the noted reference rate. The referenced rates are subject to interest floors which can vary based on contractual agreements with the borrower.
[14] Percentages are calculated using fair value of investments over net assets.
[15] The negative cost, if applicable, is the result of the capitalized discount being greater than the principal amount outstanding on the unfunded loan commitment.
[16] Unless indicated otherwise, all of our investments are valued using Level 3 inputs within the FASB Accounting Standard Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures” (“ASC 820”) fair value hierarchy. Refer to Note 3 – Investments in the accompanying Notes to Financial Statements for additional information.