v3.26.1
Consolidated Statements of Changes in Net Assets - USD ($)
12 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Feb. 29, 2024
INCREASE FROM OPERATIONS:      
Net investment income $ 36,806,800 $ 53,002,603 $ 56,874,308
Net realized gain (loss) from investments 5,746,490 (42,029,324) 153,583
Realized losses on extinguishment of debt (824,010) (800,452) (110,056)
Net change in unrealized appreciation (depreciation) on investments (5,238,480) 18,974,366 (47,090,844)
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments 113,498 (1,060,936) (893,166)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS 36,604,298 28,086,257 8,933,825
DECREASE FROM SHAREHOLDER DISTRIBUTIONS:      
Total distributions to shareholders (59,025,909) (45,824,879) (35,635,955)
Net decrease in net assets from shareholder distributions (59,025,909) (45,824,879) (35,635,955)
CAPITAL SHARE TRANSACTIONS:      
Proceeds from issuance of common stock [1] 18,752,929 33,002,028 44,539,387
Capital contribution from Manager 569,322 2,351,767 4,475,297
Stock dividend distribution 6,669,817 5,077,632 3,582,345
Repurchases of common stock (54,314) (2,157,605)
Repurchase fees (1,772)
Offering costs (25,857) (251,445) (469,456)
Net increase (decrease) in net assets from capital share transactions 25,911,897 40,179,982 49,968,196
Total increase in net assets 3,490,286 22,441,360 23,266,066
Net assets at beginning of year 392,665,468 370,224,108 346,958,042
Net assets at end of year $ 396,155,754 $ 392,665,468 $ 370,224,108
[1] See Note 11 to the Consolidated Financial Statements contained herein for more information on share issuance.