v3.26.1
Investments (Tables)
 6 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
Investments as of March 31, 2026 and September 30, 2025 consisted of the following:

As of March 31, 2026As of September 30, 2025
  PrincipalAmortized
Cost		Fair
Value		PrincipalAmortized
Cost		Fair
Value
Senior secured$23,006 $22,855 $22,940 $16,637 $16,513 $16,647 
One stop372,611 368,816 366,150 366,227 361,982 365,087 
Second lien862 853 862 1,132 1,119 1,143 
Subordinated debt53 52 53 155 153 156 
EquityN/A5,410 7,078 N/A5,465 7,095 
Total$396,532 $397,986 $397,083 $384,151 $385,232 $390,128 
Schedules of Portfolio Composition at Amortized Cost and Fair Value
The following tables show the portfolio composition by geographic region at amortized cost and fair value as a percentage of total investments in portfolio companies. The geographic composition is determined by the location of the corporate headquarters of the portfolio company, which is not always indicative of the primary source of the portfolio company’s business.
As of March 31, 2026As of September 30, 2025
Amortized Cost:    
United States  
Southeast$88,667 22.3 %$84,132 21.8 %
Midwest86,448 21.8 81,814 21.3 
West72,449 18.2 74,740 19.5 
Mid-Atlantic58,136 14.6 54,273 14.1 
Southwest46,670 11.7 46,747 12.1 
Northeast34,737 8.7 32,355 8.4 
United Kingdom3,693 1.0 5,170 1.3 
Canada3,200 0.8 2,964 0.8 
Sweden2,458 0.6 2,453 0.6 
Luxembourg943 0.2 — — 
Denmark554 0.1 553 0.1 
Israel31 0.0 *31 0.0 *
Total$397,986 100.0 %$385,232 100.0 %
Fair Value:      
United States  
Southeast$88,370 22.3 %$85,114 21.8 %
Midwest86,806 21.8 83,086 21.2 
West72,081 18.2 75,648 19.4 
Mid-Atlantic58,174 14.6 54,951 14.1 
Southwest46,366 11.7 47,108 12.1 
Northeast34,393 8.7 32,640 8.4 
United Kingdom3,801 1.0 5,369 1.4 
Canada3,036 0.8 3,007 0.8 
Sweden2,538 0.6 2,603 0.7 
Luxembourg933 0.2 — — 
Denmark548 0.1 554 0.1 
Israel37 0.0 *48 0.0 *
Total$397,083 100.0 %$390,128 100.0 %
*
Represents an amount less than 0.1%
The industry compositions of the portfolio at amortized cost and fair value as a percentage of total investments in portfolio companies as of March 31, 2026 and September 30, 2025 were as follows:
As of March 31, 2026As of September 30, 2025
Amortized Cost:  
Aerospace & Defense$8,431 2.1 %$6,278 1.6 %
Air Freight & Logistics3,952 1.0 3,948 1.0 
Auto Components8,316 2.1 8,146 2.1 
Automobiles20,518 5.2 19,664 5.1 
Banks2,049 0.5 1,692 0.4 
Beverages4,830 1.2 4,804 1.2 
Building Products123 0.0 *83 0.0 *
Capital Markets5,048 1.3 4,865 1.3 
Chemicals919 0.2 919 0.3 
Commercial Services & Supplies12,021 3.0 15,946 4.2 
Construction & Engineering4,035 1.0 3,873 1.0 
Diversified Consumer Services35,232 8.9 32,658 8.5 
Diversified Financial Services6,520 1.6 5,818 1.5 
Electric Utilities456 0.1 446 0.1 
Electrical Equipment1,247 0.3 1,609 0.4 
Electronic Equipment, Instruments & Components1,517 0.4 1,503 0.4 
Food & Staples Retailing275 0.1 — — 
Food Products4,798 1.2 4,851 1.3 
Healthcare Equipment & Supplies11,547 2.9 9,129 2.4 
Healthcare Providers & Services19,923 5.0 19,824 5.2 
Healthcare Technology18,001 4.5 15,777 4.1 
Hotels, Restaurants & Leisure22,135 5.6 19,610 5.1 
Household Durables249 0.1 — — 
Household Products426 0.1 421 0.1 
Industrial Conglomerates3,968 1.0 3,622 0.9 
Insurance23,195 5.8 21,268 5.5 
IT Services13,142 3.3 12,891 3.4 
Leisure Products5,372 1.3 5,388 1.4 
Life Sciences Tools & Services5,738 1.4 5,845 1.5 
Machinery5,805 1.5 5,850 1.5 
Media3,225 0.8 2,786 0.7 
Oil, Gas & Consumable Fuels291 0.1 4,633 1.2 
Pharmaceuticals4,455 1.1 4,336 1.1 
Professional Services12,695 3.2 12,134 3.1 
Road & Rail— — 1,663 0.4 
Software99,738 25.1 95,852 24.9 
Specialty Retail23,704 6.0 23,446 6.1 
Transportation Infrastructure3,342 0.8 3,329 0.9 
Water Utilities 748 0.2 325 0.1 
Total$397,986 100.0 %$385,232 100.0 %
*
Represents an amount less than 0.1%
As of March 31, 2026As of September 30, 2025
Fair Value:    
Aerospace & Defense$8,464 2.1 %$6,302 1.6 %
Air Freight & Logistics4,039 1.0 4,022 1.0 
Auto Components8,395 2.1 8,245 2.1 
Automobiles21,112 5.3 20,191 5.2 
Banks2,001 0.5 1,709 0.4 
Beverages4,924 1.2 4,960 1.3 
Building Products123 0.0 *84 0.0 *
Capital Markets4,931 1.3 4,911 1.3 
Chemicals914 0.2 922 0.3 
Commercial Services & Supplies12,062 3.0 16,097 4.1 
Construction & Engineering4,012 1.0 3,899 1.0 
Diversified Consumer Services35,185 8.9 33,114 8.5 
Diversified Financial Services6,522 1.6 5,854 1.5 
Electric Utilities481 0.1 469 0.1 
Electrical Equipment1,252 0.3 1,638 0.4 
Electronic Equipment, Instruments & Components1,534 0.4 1,550 0.4 
Food & Staples Retailing277 0.1 — — 
Food Products4,851 1.2 4,908 1.3 
Healthcare Equipment & Supplies11,563 2.9 9,185 2.4 
Healthcare Providers & Services19,924 5.0 20,087 5.2 
Healthcare Technology17,797 4.5 15,906 4.1 
Hotels, Restaurants & Leisure22,011 5.6 19,728 5.1 
Household Durables250 0.1 — — 
Household Products426 0.1 423 0.1 
Industrial Conglomerates3,943 1.0 3,665 0.9 
Insurance23,220 5.8 21,446 5.5 
IT Services13,021 3.3 13,042 3.4 
Leisure Products5,338 1.3 5,376 1.4 
Life Sciences Tools & Services6,204 1.6 6,425 1.6 
Machinery5,765 1.5 5,901 1.5 
Media3,238 0.8 2,786 0.7 
Oil, Gas & Consumable Fuels287 0.1 4,666 1.2 
Pharmaceuticals4,511 1.1 4,419 1.1 
Professional Services12,479 3.1 12,211 3.1 
Road & Rail— — 1,674 0.4 
Software98,402 24.9 97,231 24.9 
Specialty Retail23,551 6.0 23,445 6.0 
Transportation Infrastructure3,326 0.8 3,310 0.8 
Water Utilities 748 0.2 327 0.1 
Total$397,083 100.0 %$390,128 100.0 %
*
Represents an amount less than 0.1%