Financial Highlights (Tables)

3 Months Ended

Mar. 31, 2026

The following is a schedule of financial highlights for the three months ended March 31, 2026 and 2025.


	For the three months ended
	March 31,
	(amounts in thousands, except share and per share amounts)
	2026			2025
Per Common Share Operating Performance (1)
Net Asset Value, Beginning of Period	$	5,230		$	5,259

Results of Operations:
Net Investment Income (loss)		112		130
Net Realized and Unrealized Gain (Loss) on Investments(2)		(19	)		(5	)
Net Increase (Decrease) in Net Assets Resulting from Operations		93			125

Dividends to Common Stockholders
Dividends from Net Investment Income		(115	)		(132	)
Net Decrease in Net Assets Resulting from Dividends		(115	)		(132	)
Net Asset Value, End of Period	$	5,208		$	5,252

Shares Outstanding, End of Period		67,180			56,769

Ratio/Supplemental Data
Net assets, end of period	$	349,848		$	298,171
Weighted-average shares outstanding		67,140			54,466
Total Return(3)		1.8	%		2.4	%
Portfolio turnover		4.4	%		4.1	%
Ratio of operating expenses to average net assets(4)		1.0	%		1.2	%
Ratio of net investment income (loss) to average net assets(4)		8.7	%		10.0	%

(1)

The per common share data was derived by using weighted average shares outstanding.

(2)

Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not be consistent or reconcile with the aggregate gains and losses in the Consolidated Statement of Operations due to the timing of share transactions during the period.

(3)

Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share. The calculation also assumes reinvestment of dividends at actual prices pursuant to the Company’s dividend reinvestment plan. Total return is not annualized.

(4)

Ratio is annualized.