v3.26.1
Consolidated Schedules of Investments (Parenthetical)
Dec. 31, 2025
Dec. 31, 2024
Schedule Of Investments [Line Items]    
Percentage of Investments and cash equivalents 152.70% 168.50%
Percentage of Net Assets 100.00% 100.00%
Percentage of net unrealized depreciation on unfunded commitments (0.10%) 0.20%
Percentage of liabilities in excess of other assets (52.60%) 68.30%
Investment, Identifier [Axis]: Debt Investments, Automobile Components Fenix Intermediate, LLC, Acquisition Date 03/28/24 Delayed Draw Term Loan B-1 - 10.43% (SOFR + 6.75%, 1.75% Floor) Net Assets 0.2% Maturity 03/28/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.20%  
Investment, Identifier [Axis]: Debt Investments, Automobile Components Fenix Intermediate, LLC, Acquisition Date 03/28/24 Delayed Draw Term Loan B-1 - 10.83% (SOFR + 6.50%, 1.75% Floor) Net Assets 0.3% Maturity 03/28/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.30%
Investment, Identifier [Axis]: Debt Investments, Automobile Components Fenix Intermediate, LLC, Acquisition Date 03/28/24 Term Loan B - 10.83% (SOFR + 6.50%, 1.75% Floor) Net Assets 4.7% Maturity 03/28/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.70%
Investment, Identifier [Axis]: Debt Investments, Automobile Components Fenix Intermediate, LLC, Acquisition Date 03/28/24 Term Loan B – 10.43% (SOFR + 6.75%, 1.75% Floor) Net Assets 3.5% Maturity 03/28/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 3.50%  
Investment, Identifier [Axis]: Debt Investments, Automobile Components Superior Industries International, Inc., Acquisition Date 08/14/24 Term Loan - 11.88% (SOFR + 7.50%, 2.50% Floor) Net Assets 3.3% Maturity 12/15/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.30%
Investment, Identifier [Axis]: Debt Investments, Automobile Components, Superior Industries International, Inc., Acquisition Date 12/08/25 Take Back Term Loan - 13.78%inc PIK (SOFR + 10.00%, 3.50% Floor, all PIK) Net Assets 1.0% Maturity 12/08/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.00%  
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies CSAT Holdings LLC, Acquisition Date 06/30/23 Revolver- 12.71% (SOFR + 8.25%, 2.00% Floor) Net Assets 0.2% Maturity 06/30/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.20%
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies CSAT Holdings LLC, Acquisition Date 06/30/23 Revolver- 14.33%inc PIK (SOFR + 10.50%, 2.00% Floor, 2.25% PIK) Net Assets 0.3% Maturity 06/30/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.30%  
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies CSAT Holdings LLC, Acquisition Date 06/30/23 Term Loan - 12.84% (SOFR + 8.25%, 2.00% Floor) Net Assets 4.6% Maturity 06/30/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.60%
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies CSAT Holdings LLC, Acquisition Date 06/30/23 Term Loan – 14.43%inc PIK (SOFR + 10.50%, 2.00% Floor, 2.25% PIK) Net Assets 3.5% Maturity 06/30/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 3.50%  
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Comprehensive Logistics Co., LLC, Acquisition Date 03/26/24 Revolver - 11.44% (SOFR + 7.00%, 2.00% Floor) Net Assets 0.3% Maturity 03/26/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.30%
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Comprehensive Logistics Co., LLC, Acquisition Date 03/26/24 Term Loan - 11.32% (SOFR + 7.50%, 2.00% Floor) Net Assets 4.2% Maturity 03/26/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.20%  
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Comprehensive Logistics Co., LLC, Acquisition Date 03/26/24 Term Loan - 11.46% (SOFR + 7.00%, 2.00% Floor) Net Assets 5.7% Maturity 03/26/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   5.70%
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Jones Industrial Holdings, Inc., Acquisition Date 07/31/23 Delayed Draw Term Loan – 11.46% (SOFR + 7.00%, 2.00% Floor) Net Assets 0.7% Maturity 07/31/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.70%
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Jones Industrial Holdings, Inc., Acquisition Date 07/31/23 Term Loan – 11.46% (SOFR + 7.00%, 2.00% Floor) Net Assets 2.9% Maturity 07/31/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   2.90%
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Power Acquisition LLC, Acquisition Date 01/22/25 Term Loan B - 9.86% (SOFR + 6.00%, 1.50% Floor) Net Assets 4.1% Maturity 01/22/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.10%  
Investment, Identifier [Axis]: Debt Investments, Commercial Services & Supplies Power Acquisition LLC, Acquisition Date 07/11/25 Incremental Term Loan B - 9.86% (SOFR + 6.00%, 1.50% Floor) Net Assets 0.3% Maturity 01/22/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.30%  
Investment, Identifier [Axis]: Debt Investments, Construction & Engineering Sunland Asphalt & Construction, LLC, Acquisition Date 06/16/23 Delayed Draw Term Loan - 10.32% (SOFR + 6.50%, 1.75% Floor) Net Assets 1.0% Maturity 06/16/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.00%  
Investment, Identifier [Axis]: Debt Investments, Construction & Engineering Sunland Asphalt & Construction, LLC, Acquisition Date 06/16/23 Delayed Draw Term Loan - 10.96% (SOFR + 6.50%, 1.75% Floor) Net Assets 1.3% Maturity 06/16/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   1.30%
Investment, Identifier [Axis]: Debt Investments, Construction & Engineering Sunland Asphalt & Construction, LLC, Acquisition Date 06/16/23 Term Loan B - 10.32% (SOFR + 6.50%, 1.75% Floor) Net Assets 2.4% Maturity 06/16/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.40%  
Investment, Identifier [Axis]: Debt Investments, Construction & Engineering Sunland Asphalt & Construction, LLC, Acquisition Date 06/16/23 Term Loan B - 10.96% (SOFR + 6.50%, 1.75% Floor) Net Assets 3.2% Maturity 06/16/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.20%
Investment, Identifier [Axis]: Debt Investments, Consumer Discretionary Textiles, Apparel & Luxury Goods Helix Sleep, Inc., Acquisition Date 11/07/25 Term Loan - 9.37% (SOFR + 5.50%, 1.00% Floor) Net Assets 2.0% Maturity 11/07/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.00%  
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging Hoffmaster Group, Inc., Acquisition Date 02/24/23 Term Loan - 10.10% (SOFR + 6.25%, 2.00% Floor) Net Assets 2.5% Maturity 02/24/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.50%  
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging Hoffmaster Group, Inc., Acquisition Date 02/24/23 Term Loan - 10.82% (SOFR + 6.25%, 2.00% Floor) Net Assets 3.5% Maturity 02/24/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.50%
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging Hoffmaster Group, Inc., Acquisition Date 03/15/24 Incremental Term Loan - 10.10% (SOFR + 6.25%, 2.00% Floor) Net Assets 2.2% Maturity 02/24/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.20%  
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging Hoffmaster Group, Inc., Acquisition Date 03/15/24 Incremental Term Loan - 10.82% (SOFR + 6.25%, 2.00% Floor) Net Assets 3.2% Maturity 02/24/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.20%
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging PaperWorks Industries, Inc., Acquisition Date 07/26/23 Term Loan - 12.99% (SOFR + 8.25%, 1.00% Floor) Net Assets 2.3% Maturity 06/30/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   2.30%
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging The HC Companies, Inc., Acquisition Date 05/21/24 Incremental Term Loan - 11.84% (SOFR + 7.50%, 2.00% Floor) Net Assets 3.7% Maturity 08/01/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.70%
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging The HC Companies, Inc., Acquisition Date 05/21/24 Incremental Term Loan - 12.17%inc PIK (SOFR + 8.50%, 2.00% Floor,1.00%PIK) Net Assets 2.7% Maturity 08/01/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.70%  
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging The HC Companies, Inc., Acquisition Date 08/01/23 Term Loan - 11.86% (SOFR + 7.50%, 2.00% Floor) Net Assets 6.3% Maturity 08/01/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   6.30%
Investment, Identifier [Axis]: Debt Investments, Containers & Packaging The HC Companies, Inc., Acquisition Date 08/01/23 Term Loan - 12.17%inc PIK (SOFR + 8.50%, 2.00% Floor, 1.00%PIK) Net Assets 4.5% Maturity 08/01/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.50%  
Investment, Identifier [Axis]: Debt Investments, Electrical Equipment VoltaGrid, LLC, Acquisition Date 04/09/24 Term Loan - 10.93% (SOFR + 6.50%, 4.00% Floor) Net Assets 4.8% Maturity 02/28/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.80%
Investment, Identifier [Axis]: Debt Investments, Energy Equipment & Services Harvey Gulf Holdings, LLC, Acquisition Date 01/19/24 Term Loan B - 10.61% (SOFR + 6.25%, 2.00% Floor) Net Assets 6.7% Maturity 01/19/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   6.70%
Investment, Identifier [Axis]: Debt Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/05/24 Revolver - 12.46% (SOFR + 8.50%, 2.00% Floor) Net Assets 0.3% Maturity 04/04/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.30%  
Investment, Identifier [Axis]: Debt Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/05/24 Revolver - 13.12% (SOFR + 8.50%, 2.00% Floor) Net Assets 0.1% Maturity 04/04/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.10%
Investment, Identifier [Axis]: Debt Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/05/24 Term Loan - 12.43% (SOFR + 8.50%, 2.00% Floor) Net Assets 3.1% Maturity 04/04/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 3.10%  
Investment, Identifier [Axis]: Debt Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/05/24 Term loan - 13.09% (SOFR + 8.50%, 2.00% Floor) Net Assets 4.5% Maturity 04/04/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.50%
Investment, Identifier [Axis]: Debt Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/14/25 3rd Amendment Term Loan - 12.43% (SOFR + 8.50%, 2.00% Floor) Net Assets 4.9% Maturity 04/04/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.90%  
Investment, Identifier [Axis]: Debt Investments, Food Products Baxters North America, Inc., Acquisition Date 05/31/23 Term Loan - 10.70% (SOFR + 6.88%, 1.75% Floor) Net Assets 4.1% Maturity 05/31/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.10%  
Investment, Identifier [Axis]: Debt Investments, Food Products Baxters North America, Inc., Acquisition Date 05/31/23 Term Loan - 11.76% (SOFR + 7.25%, 1.75% Floor) Net Assets 5.8% Maturity 05/31/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   5.80%
Investment, Identifier [Axis]: Debt Investments, Food Products Great Kitchens Food Company, Inc, Acquisition Date 05/31/24 Term Loan - 10.36% (SOFR + 6.00%, 1.25% Floor) Net Assets 6.6% Maturity 05/31/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   6.60%
Investment, Identifier [Axis]: Debt Investments, Food Products Great Kitchens Food Company, Inc, Acquisition Date 05/31/24 Term Loan - 9.72% (SOFR + 6.00%, 1.25% Floor) Net Assets 4.5% Maturity 05/31/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.50%  
Investment, Identifier [Axis]: Debt Investments, Food Products Signature Brands, LLC, Acquisition Date 02/29/24 Delayed Draw Term Loan A - 10.58% inc PIK (SOFR + 6.50%, 1.75% Floor, all PIK) Net Assets 0.2% Maturity 05/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.20%  
Investment, Identifier [Axis]: Debt Investments, Food Products Signature Brands, LLC, Acquisition Date 02/29/24 Delayed Draw Term Loan A - 10.97% (SOFR + 6.50%, 1.75% Floor) Net Assets 0.3% Maturity 02/14/25    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.30%
Investment, Identifier [Axis]: Debt Investments, Food Products Signature Brands, LLC, Acquisition Date 05/05/23 Term Loan - 13.58% inc PIK (SOFR + 9.50%, 1.75% Floor, all PIK) Net Assets 2.7% Maturity 05/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.70%  
Investment, Identifier [Axis]: Debt Investments, Food Products Signature Brands, LLC, Acquisition Date 05/05/23 Term Loan - 14.28% inc PIK (SOFR + 9.50%, 1.75% Floor, 3.00% PIK) Net Assets 4.7% Maturity 05/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.70%
Investment, Identifier [Axis]: Debt Investments, Food Products Signature Brands, LLC, Acquisition Date 05/05/25 9th Amendment Term Loan A - 17.50% inc PIK (17.50%, Fixed Coupon, all PIK) Net Assets 0.9% Maturity 05/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.90%  
Investment, Identifier [Axis]: Debt Investments, Ground Transportation RPM Purchaser, Inc., Acquisition Date 09/11/23 Delayed Draw Term Loan B - 10.08% (SOFR + 6.25%, 2.00% Floor) Net Assets 1.0% Maturity 09/11/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.00%  
Investment, Identifier [Axis]: Debt Investments, Ground Transportation RPM Purchaser, Inc., Acquisition Date 09/11/23 Delayed Draw Term Loan B - 10.72% (SOFR + 6.25%, 2.00% Floor) Net Assets 0.6% Maturity 09/11/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.60%
Investment, Identifier [Axis]: Debt Investments, Ground Transportation RPM Purchaser, Inc., Acquisition Date 09/11/23 Term Loan B - 10.08% (SOFR + 6.25%, 2.00% Floor) Net Assets 3.4% Maturity 09/11/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 3.40%  
Investment, Identifier [Axis]: Debt Investments, Ground Transportation RPM Purchaser, Inc., Acquisition Date 09/11/23 Term Loan B - 10.72% (SOFR + 6.25%, 2.00% Floor) Net Assets 4.6% Maturity 09/11/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.60%
Investment, Identifier [Axis]: Debt Investments, Health Care Equipment & Supplies ConnectAmerica.com, LLC, Acquisition Date 10/11/24 Last Out Term Loan - 9.42% (SOFR + 5.75%, 1.75% Floor) Net Assets 6.1% Maturity 10/11/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 6.10%  
Investment, Identifier [Axis]: Debt Investments, Health Care Equipment & Supplies ConnectAmerica.com, LLC, Acquisition Date 10/11/24 Last Out Term Loan- 9.83% (SOFR + 5.50%, 1.75% Floor) Net Assets 8.5% Maturity 10/11/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   8.50%
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure ADAN-B LLC (24 Hour Fitness), Acquisition Date 04/30/25 & 12/31/25 Term Loan - 9.42% (SOFR + 5.75%, 1.50% Floor) Net Assets 6.8% Maturity 12/31/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 6.80%  
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Black Rock Coffee Holdings, LLC, Acquisition Date 04/29/22 Term Loan - 11.28% inc PIK (SOFR + 6.50%, 1.00% Floor, 0.50% PIK) Net Assets 3.1% Maturity 09/30/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.10%
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Black Rock Coffee Holdings, LLC, Acquisition Date 05/31/24 Incremental Term Loan - 11.28% inc PIK (SOFR + 6.50%, 1.00% Floor, 0.50% PIK) Net Assets 0.8% Maturity 09/30/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.80%
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure CEC Entertainment, LLC Acquisition Date 09/26/25 Term Loan - 9.67% (SOFR + 6.00%, 2.00% Floor) Net Assets 5.6% Maturity 09/26/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 5.60%  
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Five Star Buyer, Inc., Acquisition Date 05/11/23 Delayed Draw Term Loan - 12.66% inc PIK (SOFR + 8.00%, 1.50% Floor, 1.00% PIK) Net Assets 0.1% Maturity 02/23/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.10%
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Five Star Buyer, Inc., Acquisition Date 05/11/23 Delayed Draw Term Loan - 12.98% inc PIK (SOFR + 9.00%, 1.50% Floor, 2.00% PIK) Net Assets 0.1% Maturity 02/23/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.10%  
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Five Star Buyer, Inc., Acquisition Date 05/11/23 Term Loan - 12.66% inc PIK (SOFR + 8.00%, 1.50% Floor, 1.00% PIK) Net Assets 3.2% Maturity 02/23/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.20%
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Five Star Buyer, Inc., Acquisition Date 05/11/23 Term Loan - 12.98% inc PIK (SOFR + 9.00%, 1.50% Floor, 2.00% PIK) Net Assets 2.3% Maturity 02/23/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.30%  
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Red Robin International, Inc., Acquisition Date 04/11/22 Revolver - 11.40% (SOFR + 7.50%, 1.00% Floor) Net Assets 0.2% Maturity 03/04/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.20%  
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Red Robin International, Inc., Acquisition Date 04/11/22 Revolver - 12.14% (SOFR + 7.50%, 1.00% Floor) Net Assets 0.3% Maturity 03/04/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.30%
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Red Robin International, Inc., Acquisition Date 04/11/22 Term Loan - 11.50% (SOFR + 7.50%, 1.00% Floor) Net Assets 1.4% Maturity 03/04/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.40%  
Investment, Identifier [Axis]: Debt Investments, Hotels, Restaurants & Leisure Red Robin International, Inc., Acquisition Date 04/11/22 Term Loan - 12.14% (SOFR + 7.50%, 1.00% Floor) Net Assets 9.3% Maturity 03/04/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   1.70%
Investment, Identifier [Axis]: Debt Investments, Household Durables, Lenox Holdings, Inc, Acquisition Date 07/08/22, Term Loan - 13.67% (SOFR + 8.75%,1.00%,Floor), Net Assets 5.8%, Maturity Date 07/08/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   5.80%
Investment, Identifier [Axis]: Debt Investments, Household Durables, Lenox Holdings, Inc., Acquisition Date 07/08/22 Term Loan - 12.92% (SOFR + 8.75%,1.00%,Floor), Net Assets 4.0%, Maturity Date 12/31/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.00%  
Investment, Identifier [Axis]: Debt Investments, Information Technology Services Corcentric, Inc., Acquisition Date 05/09/23 Term Loan – 10.93% (SOFR + 7.00%, 2.00% Floor) Net Assets 4.7% Maturity Date 05/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.70%  
Investment, Identifier [Axis]: Debt Investments, Information Technology Services, Corcentric, Inc., Acquisition Date 05/09/23, Term Loan - 11.66% (SOFR + 7.00%,2.00%,Floor), Net Assets 6.5%, Maturity Date 05/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   6.50%
Investment, Identifier [Axis]: Debt Investments, Leisure Products Lumos Holdings US Acquisition Co. Acquisition Date 08/05/25 Term Loan – 9.40% (SOFR + 5.50%, 1.50% Floor) Net Assets 7.1% Maturity Date 08/05/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 7.10%  
Investment, Identifier [Axis]: Debt Investments, Machinery Mark Andy, Inc., Acquisition Date 06/16/23 Term Loan – 12.57% inc PIK (SOFR + 8.75%, 1.50% Floor, 5.75% PIK) Net Assets 2.6% Maturity Date 06/16/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.60%  
Investment, Identifier [Axis]: Debt Investments, Machinery Triarc Tanks Bidco, LLC, Acquisition Date 10/03/22 Term Loan – 10.93% (SOFR + 7.00%, 1.00% Floor) Net Assets 1.7% Maturity Date 10/03/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.70%  
Investment, Identifier [Axis]: Debt Investments, Machinery, Mark Andy, Inc., Acquisition Date 06/16/23, Term Loan - 13.23% inc PIK (SOFR + 8.75%,1.50%,Floor, 1.00% PIK), Net Assets 3.8%, Maturity Date 06/16/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.80%
Investment, Identifier [Axis]: Debt Investments, Machinery, Triarc Tanks Bidco, LLC, Acquisition Date 10/03/22, Term Loan - 11.59% (SOFR + 7.00%,1.00%,Floor), Net Assets 2.3%, Maturity Date 10/03/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   2.30%
Investment, Identifier [Axis]: Debt Investments, Metals & Mining Material Sciences Corporation, Acquisition Date 03/14/25 Term Loan – 10.17% (SOFR + 6.50%, 2.00% Floor) Net Assets 6.3% Maturity Date 03/14/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 6.30%  
Investment, Identifier [Axis]: Debt Investments, Oil, Gas & Consumable Fuels HOP Energy, LLC, Acquisition Date 01/14/25 Term Loan C- 13.83% inc PIK (SOFR + 10.00%, 2.00% Floor, all PIK) Net Assets 0.6% Maturity 12/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1],[3],[4] 0.60%  
Investment, Identifier [Axis]: Debt Investments, Oil, Gas & Consumable Fuels HOP Energy, LLC, Acquisition Date 02/29/24 Term Loan B -13.83% inc PIK (SOFR + 10.00%, 2.00% Floor, all PIK) Net Assets 0.0% Maturity 12/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1],[3],[4] 0.00%  
Investment, Identifier [Axis]: Debt Investments, Oil, Gas & Consumable Fuels HOP Energy, LLC, Acquisition Date 04/27/25 Delayed Draw Term Loan B - 13.83% inc PIK (SOFR + 10.00%, 2.00% Floor, all PIK) Net Assets 0.1% Maturity 12/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1],[3],[4] 0.10%  
Investment, Identifier [Axis]: Debt Investments, Oil, Gas & Consumable Fuels HOP Energy, LLC, Acquisition Date 06/17/22 Term Loan - 12.83% inc PIK (SOFR + 9.00%, 2.00% Floor, all PIK) Net Assets 1.3% Maturity 12/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1],[3],[4] 1.30%  
Investment, Identifier [Axis]: Debt Investments, Oil, Gas & Consumable Fuels, HOP Energy, LLC, Acquisition Date 02/29/24, Term Loan B- 14.85% inc PIK (SOFR + 10.00%,2.00%,Floor, all PIK), Net Assets 0.0%, Maturity Date 12/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2],[5],[6]   0.00%
Investment, Identifier [Axis]: Debt Investments, Oil, Gas & Consumable Fuels, HOP Energy, LLC, Acquisition Date 06/17/22, Term Loan - 13.85% inc PIK (SOFR + 9.00%,2.00%,Floor, all PIK), Net Assets 3.9%, Maturity Date 12/09/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.90%
Investment, Identifier [Axis]: Debt Investments, Paper & Forest Products, Pallet Logistics of America, LLC, Acquisition Date 11/22/24 Revolver - 10.79% (SOFR + 7.00%, 1.00% Floor) Net Assets 0.2% Maturity 11/29/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.20%  
Investment, Identifier [Axis]: Debt Investments, Paper & Forest Products, Pallet Logistics of America, LLC, Acquisition Date 11/22/24 Term Loan - 10.79% inc PIK (SOFR + 7.00%, 1.00% Floor, 0.50% PIK) Net Assets 2.8% Maturity 11/22/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.80%  
Investment, Identifier [Axis]: Debt Investments, Paper & Forest Products, Pallet Logistics of America, LLC, Acquisition Date 11/22/24, Term Loan - 11.01% (SOFR + 6.50%,1.00%,Floor), Net Assets 3.9%, Maturity Date 03/02/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.90%
Investment, Identifier [Axis]: Debt Investments, Personal Care Products, Viva 5 Group, LLC, Acquisition Date 05/21/25 Revolver - 10.22% (SOFR + 6.50%, 2.25% Floor) Net Assets 0.1% Maturity 05/21/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.10%  
Investment, Identifier [Axis]: Debt Investments, Personal Care Products, Viva 5 Group, LLC, Acquisition Date 05/21/25 Term Loan - 10.22% (SOFR + 6.50%, 2.25% Floor) Net Assets 6.2% Maturity 05/21/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 6.20%  
Investment, Identifier [Axis]: Debt Investments, Professional Services, Alorica Inc., Acquisition Date 12/21/22 Term Loan – 10.59% (SOFR + 6.88%, 1.50% Floor) Net Assets 3.8% Maturity 12/21/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 3.80%  
Investment, Identifier [Axis]: Debt Investments, Professional Services, Alorica Inc., Acquisition Date 12/21/22, Term Loan - 11.23% (SOFR + 6.88%,1.50%,Floor), Net Assets 5.1%, Maturity Date 03/02/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   5.10%
Investment, Identifier [Axis]: Debt Investments, Software CF Newco, Inc., Acquisition Date 12/09/24 Revolver - 9.74% (SOFR + 6.00%, 1.50% Floor) Net Assets 0.2% Maturity 12/10/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.20%  
Investment, Identifier [Axis]: Debt Investments, Software CF Newco, Inc., Acquisition Date 12/09/24 Term Loan - 9.74% (SOFR + 6.00%, 1.50% Floor) Net Assets 2.7% Maturity 12/10/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.70%  
Investment, Identifier [Axis]: Debt Investments, Software CF Newco, Inc., Acquisition Date 12/11/25 Amendment No. 1 Term Loan - 9.99% (SOFR + 6.25%, 1.50% Floor) Net Assets 1.3% Maturity 12/10/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.30%  
Investment, Identifier [Axis]: Debt Investments, Software Pango Group, Acquisition Date 12/09/24 Revolver - 10.68% (SOFR + 6.25%, 1.50% Floor) Net Assets 0.2% Maturity 12/10/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.20%
Investment, Identifier [Axis]: Debt Investments, Software Pango Group, Acquisition Date 12/09/24 Term Loan - 10.68% (SOFR + 6.25%, 1.50% Floor) Net Assets 3.7% Maturity 12/10/29    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.70%
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 08/20/25 4th Amendment Delayed Draw Term Loan - 10.49% (SOFR + 6.50%, 2.00% Floor) Net Assets 1.4% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.40%  
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 10/04/23 Delayed Draw Term Loan - 10.42% (SOFR + 6.50%, 2.00% Floor) Net Assets 1.0% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 1.00%  
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 10/04/23 Delayed Draw Term Loan - 11.62% (SOFR + 7.00%, 2.00% Floor) Net Assets 0.9% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.90%
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 10/04/23 Revolver - 10.27% (SOFR + 6.50%, 2.00% Floor) Net Assets 0.4% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.40%  
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 10/04/23 Revolver - 11.43%(SOFR + 7.00%, 2.00% Floor) Net Assets 0.2% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.20%
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 10/04/23 Term Loan - 10.27% (SOFR + 6.50%, 2.00% Floor) Net Assets 4.0% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 4.00%  
Investment, Identifier [Axis]: Debt Investments, Specialty Retail D&D Buyer, LLC, Acquisition Date 10/04/23 Term Loan - 11.43% (SOFR + 7.00%, 2.00% Floor) Net Assets 5.2% Maturity 10/04/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   5.20%
Investment, Identifier [Axis]: Debt Investments, Specialty Retail Follett Higher Education Group, Inc., Acquisition Date 02/01/22 Term Loan - 10.82% (SOFR + 7.00%, 2.00% Floor) Net Assets 8.9% Maturity 02/01/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 3.90%  
Investment, Identifier [Axis]: Debt Investments, Specialty Retail Follett Higher Education Group, Inc., Acquisition Date 02/01/22 Term Loan - 11.46% inc PIK (SOFR + 7.00%, 2.00% Floor, 3.00% PIK) Net Assets 4.9% Maturity 02/01/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   4.90%
Investment, Identifier [Axis]: Debt Investments, Specialty Retail Follett Higher Education Group, Inc., Acquisition Date 07/28/25 Incremental Term Loan - 10.82% (SOFR + 7.00%, 2.00% Floor) Net Assets 0.3% Maturity 02/28/26    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.30%  
Investment, Identifier [Axis]: Debt Investments, Technology Hardware, Storage and Peripherals Sigmatron International, Inc., Acquisition Date 07/18/22 Term Loan - 12.97% inc PIK (SOFR + 8.50%, 1.00% Floor, 1.00% PIK) Net Assets 1.8% Maturity 07/18/27    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   1.80%
Investment, Identifier [Axis]: Debt Investments, Trading Companies & Distributors, Cinelease, LLC, Acquisition Date 08/07/25 ABL Term Loan - 11.82% (SOFR + 7.50%, 2.50% Floor) Net Assets 2.0% Maturity 07/31/30    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.00%  
Investment, Identifier [Axis]: Debt Investments, Transportation Infrastructure, CG Buyer, LLC, Acquisition Date 07/19/23 Delayed Draw Term Loan - 11.36% (SOFR + 7.00%, 1.50% Floor) Net Assets 0.1% Maturity 07/19/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   0.10%
Investment, Identifier [Axis]: Debt Investments, Transportation Infrastructure, CG Buyer, LLC, Acquisition Date 07/19/23 Delayed Draw Term Loan – 10.22% (SOFR + 6.50%, 1.50% Floor) Net Assets 0.1% Maturity 07/19/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 0.10%  
Investment, Identifier [Axis]: Debt Investments, Transportation Infrastructure, CG Buyer, LLC, Acquisition Date 07/19/23 Term Loan - 11.36% (SOFR + 7.00%, 1.50% Floor) Net Assets 3.3% Maturity 07/19/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [2]   3.30%
Investment, Identifier [Axis]: Debt Investments, Transportation Infrastructure, CG Buyer, LLC, Acquisition Date 07/19/23 Term Loan – 10.22% (SOFR + 6.50%, 1.50% Floor) Net Assets 2.4% Maturity 07/19/28    
Schedule Of Investments [Line Items]    
Percentage of Investments [1] 2.40%  
Investment, Identifier [Axis]: Equity Investments, Automobile Components, SUP Parent Holdings, LLC, Acquisition Date 08/13/25 Common Units Net Assets 1.2%    
Schedule Of Investments [Line Items]    
Percentage of Investments [4],[7] 1.20%  
Investment, Identifier [Axis]: Equity Investments, Commercial Services & Supplies CSAT Investment Holdings LLC, Acquisition Date 03/05/25 Warrant, expires 03/05/32 Net Assets 0.2%    
Schedule Of Investments [Line Items]    
Percentage of Investments [4],[7] 0.20%  
Investment, Identifier [Axis]: Equity Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/05/24 Warrant, expires 4/4/34 Net Assets 0.0%    
Schedule Of Investments [Line Items]    
Percentage of Investments [6],[8]   0.00%
Investment, Identifier [Axis]: Equity Investments, Energy Equipment & Services HydroSource Logistics, LLC, Acquisition Date 04/05/24 Warrant, expires 4/4/34 Net Assets 3.5%    
Schedule Of Investments [Line Items]    
Percentage of Investments [4],[7] 3.50%  
Investment, Identifier [Axis]: Equity Investments, Technology Hardware, Storage and Peripherals Sigmatron International, Inc., Acquisition Date 12/01/24 Warrant, expires 12/1/35 Net Assets 0.0%    
Schedule Of Investments [Line Items]    
Percentage of Investments [6],[8]   0.00%
Investment, Identifier [Axis]: Equity Investments, Trading Companies & Distributors Cinelease, LLC, Acquisition Date 08/07/25 Warrant, expires 07/31/35 Net Assets 0.0%    
Schedule Of Investments [Line Items]    
Percentage of Investments [4],[7] 0.00%  
First American Government Obligation Fund, Yield Class X [Member]    
Schedule Of Investments [Line Items]    
Percentage of yield on investment 3.68% 4.39%
[1] Certain debt investments are subject to contractual restrictions on resale, such as approval of the agent or borrower.
[2] Certain debt investments are subject to contractual restrictions on resale, such as approval of the agent or borrower.
[3] as of December 31, 2025.

 

SOFR - Secured Overnight Financing Rate, generally 1-Month or 3-Month

 

PIK - Payment-In-Kind

Aggregate acquisitions and aggregate dispositions of investments, other than government securities, totaled $654,603,203 and $385,629,258, respectively, for the period ended December 31, 2025. Aggregate acquisitions includes investment assets received as payment in kind. Aggregate dispositions includes principal paydowns on and maturities of debt investments.

 

Geographic Breakdown of Portfolio

 

 

 

United States

 

 

100

%
[4] Non-income producing.
[5] Investment is in default as of December 31, 2024.
[6] Non-income producing.
[7] All or a portion of such security was acquired in a transaction exempt from registration under the Securities Act of 1933 as amended (the “Securities Act”), and may be deemed “restricted securities” under the Securities Act. As of December 31, 2025, the aggregate fair value of these securities was $39,875,260, or 3.1% of the Company’s total assets.
[8] All or a portion of such security was acquired in a transaction exempt from registration under the Securities Act of 1933 as amended (the “Securities Act”), and may be deemed “restricted securities” under the Securities Act. As of December 31, 2024, the aggregate fair value of these securities was $224,404, or 0.0% of the Company’s total assets.