v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Investment income:    
Dividend income $ 18,800 $ 11,700
Total investment income 606,798 444,134
Expenses:    
Interest expense 188,784 137,906
Management fees 39,891 29,146
Income based incentive fee 46,029 33,728
Capital gains incentive fee 0 (6,038)
Professional fees 2,240 1,665
Board of Trustees’ fees 159 162
Administrative service expenses (Note 3) 922 1,517
Other general & administrative 3,866 3,091
Amortization of continuous offering costs 705 532
Total expenses 292,204 209,153
Net investment income before excise tax 314,594 234,981
Excise tax expense 2,002 293
Net investment income after excise tax 312,592 234,688
Net realized and change in unrealized gain (loss):    
Realized gain (loss): 15,221 (19,886)
Foreign currency forward contracts 3,953 (34,279)
Foreign currency transactions (8,272) (1,895)
Net realized gain (loss) 10,902 (56,060)
Net change in unrealized appreciation (depreciation):    
Unrealized gain (loss) (283,305) 69,458
Foreign currency forward contracts 29,116 (24,102)
Translation of assets and liabilities in foreign currencies 28,009 (37,602)
Net change in unrealized appreciation (depreciation) (226,180) 7,754
Net realized and change in unrealized gain (loss) (215,278) (48,306)
Net increase (decrease) in net assets resulting from operations 97,314 186,382
Class D shares    
Expenses:    
Shareholder servicing and/or distribution fees 709 684
Class F shares    
Expenses:    
Shareholder servicing and/or distribution fees 7,138 5,766
Class S shares    
Expenses:    
Shareholder servicing and/or distribution fees 1,761 994
Non-controlled/non-affiliated    
Investment income:    
Interest income 554,474 408,011
Payment-in-kind interest income 29,033 24,099
Dividend income 4,178 1,147
Other income 2,057 57
Net realized and change in unrealized gain (loss):    
Realized gain (loss): 15,221 (19,886)
Net change in unrealized appreciation (depreciation):    
Unrealized gain (loss) (266,438) 67,250
Noncontrolled/affiliated    
Investment income:    
Interest income 689 309
Payment-in-kind interest income 1,708 0
Net realized and change in unrealized gain (loss):    
Realized gain (loss): 0  
Net change in unrealized appreciation (depreciation):    
Unrealized gain (loss) (8,208) (66)
Controlled/affiliated    
Investment income:    
Dividend income 14,659 10,511
Net realized and change in unrealized gain (loss):    
Realized gain (loss): 0  
Net change in unrealized appreciation (depreciation):    
Unrealized gain (loss) $ (8,659) $ 2,274