v3.26.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Summary of Estimated Tax Character of Dividend Distributions The estimated tax character of distributions declared for the years/periods indicated were as follows:

 

 

 

 

 

 

 

 

 

For the Period from

 

 

 

 

 

 

 

 

 

April 3, 2023

 

 

 

 

 

 

 

 

 

(commencement

 

 

 

Year Ended

 

 

Year Ended

 

 

of operations) to

 

 

 

December 31, 2025

 

 

December 31, 2024

 

 

December 31, 2023

 

Ordinary income

 

$

137,316

 

 

$

64,916

 

 

$

15,418

 

Long-term capital gains

 

 

 

 

 

 

 

 

 

Tax return of capital

 

 

 

 

 

 

 

 

 

 

Summary of Components of Accumulated Earnings (Deficit)

As of December 31, 2025 and December 31, 2024, the components of distributable earnings (accumulated loss) on a tax basis were as follows:

 

 

 

December 31, 2025

 

 

December 31, 2024

 

Undistributed ordinary income

 

$

694

 

 

$

1,576

 

Other book/tax temporary differences

 

 

(1,025

)

 

 

(956

)

Capital loss carryforwards

 

 

 

 

 

 

Undistributable capital gains

 

 

 

 

 

 

Net realized gain (loss) from investments in securities of unaffiliated issuers

 

 

 

 

 

 

Net unrealized depreciation from investments in securities of unaffiliated issuers

 

 

(5,295

)

 

 

409

 

Total distributable earnings (accumulated loss)

 

$

(5,626

)

 

$

1,029