v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
From non-controlled/non-affiliated investments:    
Interest income $ 71,669 $ 33,080
Dividend income 4,534 2,172
Fee income 38 27
Total investment income 76,241 35,279
Operating Expenses    
Interest expense 21,630 13,367
Management Fees 9,639 4,581
Income based Incentive Fees 6,859 2,612
Administrative services 727 604
Professional fees 267 494
Board of Trustees' fees 69 50
Other general and administrative 754 641
Amortization of deferred offering costs 0 22
Total Operating Expenses 39,945 22,371
Management Fees waived (4,819) (2,291)
Incentive Fees waived (6,859) (2,612)
Recoupment of expense support 1,700 0
Net Operating Expenses 29,967 17,468
Net Investment Income (Loss) before excise and other tax expense 46,274 17,811
Excise and other tax expense 505 351
Net investment income (loss) after excise and other tax expense 45,769 17,460
Net realized gain (loss)    
Derivative instruments 1,827 0
Foreign currency transactions (1,441) 0
Net realized gain (loss) (501) 710
Net realized gain (loss) (115) 710
Net change in unrealized gain (loss)    
Net change in unrealized gain (loss) (2,123) 8,766
Derivative instruments 646 0
Translation of assets and liabilities in foreign currencies 2,312 0
Income tax provision (1,701) 0
Net change in unrealized gain (loss) (3,380) 8,766
Net Realized and Unrealized Gain (Loss) (2,238) 9,476
Net Increase (Decrease) in Net Assets Resulting from Operations 43,531 26,936
Series A Preferred Shares dividends 45 45
Net Increase (Decrease) in Net Assets Resulting from Operations Applicable to Common Shareholders $ 43,486 $ 26,891
Earnings per share, basic $ 0.83 $ 1.12
Earnings per share, diluted $ 0.83 $ 1.12
Weighted average shares of Common Shares outstanding, basic 52,507,789 23,967,109
Weighted average shares of Common Shares outstanding, diluted 52,507,789 23,967,109
Non-Controlled/Non-Affiliated Investments    
Net realized gain (loss)    
Net realized gain (loss) $ (501) $ 710
Net change in unrealized gain (loss)    
Net change in unrealized gain (loss) $ (3,380) $ 8,766