Net Assets (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Equity [Abstract] |
|
| Summary of Total Shares Issued and Proceeds Received Related to Capital Drawdowns Delivered |
The following table summarizes the total shares issued and proceeds received related to the Company’s capital drawdowns delivered pursuant to the Subscription Agreements as of December 31, 2025:
|
|
|
|
|
|
|
|
|
Share Issuance Date |
|
Number of
Shares Issued |
|
|
Aggregate
Offering Proceeds |
|
December 21, 2021 |
|
|
12,000,000 |
|
|
$ |
299,988 |
|
June 23, 2022 |
|
|
2,509,410 |
|
|
$ |
60,000 |
|
September 21, 2022 |
|
|
2,787,307 |
|
|
$ |
65,000 |
|
December 29, 2022 |
|
|
2,991,256 |
|
|
$ |
65,000 |
|
March 8, 2023 |
|
|
2,601,909 |
|
|
$ |
60,000 |
|
April 21, 2023 |
|
|
4,446,421 |
|
|
$ |
100,000 |
|
August 8, 2023 |
|
|
3,225,807 |
|
|
$ |
75,000 |
|
December 29, 2023 |
|
|
4,310,345 |
|
|
$ |
100,000 |
|
March 27, 2024 |
|
|
9,449,812 |
|
|
$ |
225,000 |
|
June 5, 2024 |
|
|
16,366,612 |
|
|
$ |
400,000 |
|
July 10, 2024 |
|
|
4,163,197 |
|
|
$ |
100,000 |
|
September 27, 2024 |
|
|
14,553,015 |
|
|
$ |
350,000 |
|
October 31, 2024 |
|
|
10,300,783 |
|
|
$ |
250,000 |
|
September 4, 2025 |
|
|
12,437,811 |
|
|
$ |
300,000 |
|
October 24, 2025 |
|
|
8,371,704 |
|
|
$ |
200,000 |
|
November 7, 2025 |
|
|
12,494,793 |
|
|
$ |
300,000 |
|
Total |
|
|
123,010,182 |
|
|
$ |
2,949,988 |
|
|
| Summary of Distributions Declared |
The Company declared the following distributions for the years ended December 31, 2025 and December 31, 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date Declared |
|
Record Date |
|
Payment Date |
|
Regular Distribution |
|
|
Special Distribution |
|
|
Per Share Amount |
|
|
Total Amount |
|
For Calendar Year 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 4, 2025 |
|
March 13, 2025 |
|
March 27, 2025 |
|
$ |
0.65 |
|
|
$ |
— |
|
|
$ |
0.65 |
|
|
$ |
65,397 |
|
May 12, 2025 |
|
June 13, 2025 |
|
June 27, 2025 |
|
$ |
0.65 |
|
|
$ |
0.02 |
|
|
$ |
0.67 |
|
|
$ |
68,452 |
|
August 11, 2025 |
|
September 12, 2025 |
|
September 26, 2025 |
|
$ |
0.65 |
|
|
$ |
— |
|
|
$ |
0.65 |
|
|
$ |
75,553 |
|
December 16, 2025 |
|
December 16, 2025 |
|
December 29, 2025 |
|
$ |
0.57 |
|
|
$ |
— |
|
|
$ |
0.57 |
|
|
$ |
78,465 |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
2.54 |
|
|
$ |
287,867 |
|
For Calendar Year 2024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 6, 2024 |
|
March 15, 2024 |
|
March 28, 2024 |
|
$ |
0.65 |
|
|
$ |
— |
|
|
$ |
0.65 |
|
|
$ |
26,182 |
|
May 8, 2024 |
|
June 14, 2024 |
|
June 27, 2024 |
|
$ |
0.65 |
|
|
$ |
0.08 |
|
|
$ |
0.73 |
|
|
$ |
48,879 |
|
August 12, 2024 |
|
September 13, 2024 |
|
September 27, 2024 |
|
$ |
0.65 |
|
|
$ |
0.02 |
|
|
$ |
0.67 |
|
|
$ |
48,486 |
|
November 4, 2024 |
|
December 13, 2024 |
|
December 27, 2024 |
|
$ |
0.65 |
|
|
$ |
0.02 |
|
|
$ |
0.67 |
|
|
$ |
65,929 |
|
December 20, 2024 |
|
December 20, 2024 |
|
December 27, 2024 |
|
$ |
— |
|
|
$ |
0.28 |
|
|
$ |
0.28 |
|
|
$ |
27,552 |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
3.00 |
|
|
$ |
217,028 |
|
|
| Summary of Dividend Reinvestment Plan Shares Issued to Shareholders and Value of Such Shares |
The following table summarizes the DRP Shares issued to shareholders who have “opted in” to the DRP as of December 31, 2025 and the value of such Shares as of the payment dates:
|
|
|
|
|
|
|
|
|
Payment Date |
|
DRP Shares Issued |
|
|
DRP Shares Value |
|
April 15, 2022 |
|
|
286,055 |
|
|
$ |
7,200 |
|
July 15, 2022 |
|
|
373,593 |
|
|
$ |
9,321 |
|
October 17, 2022 |
|
|
377,076 |
|
|
$ |
8,646 |
|
December 30, 2022 |
|
|
801,437 |
|
|
$ |
18,056 |
|
April 17, 2023 |
|
|
637,800 |
|
|
$ |
13,892 |
|
June 28, 2023 |
|
|
754,571 |
|
|
$ |
16,789 |
|
September 28, 2023 |
|
|
828,460 |
|
|
$ |
18,945 |
|
December 28, 2023 |
|
|
1,347,765 |
|
|
$ |
31,456 |
|
March 28, 2024 |
|
|
861,529 |
|
|
$ |
20,039 |
|
June 27, 2024 |
|
|
1,246,983 |
|
|
$ |
29,653 |
|
September 27, 2024 |
|
|
1,179,974 |
|
|
$ |
28,260 |
|
December 27, 2024 |
|
|
2,210,389 |
|
|
$ |
53,204 |
|
March 27, 2025 |
|
|
1,555,293 |
|
|
$ |
37,125 |
|
June 27, 2025 |
|
|
1,630,752 |
|
|
$ |
38,877 |
|
September 26, 2025 |
|
|
555,901 |
|
|
$ |
13,158 |
|
December 29, 2025 |
|
|
586,516 |
|
|
$ |
13,900 |
|
|
|
|
15,234,094 |
|
|
$ |
358,521 |
|
|