v3.26.1
DISTRIBUTIONS
 9 Months Ended
Mar. 31, 2026
Equity [Abstract]  
DISTRIBUTIONS DISTRIBUTIONS
The following table reflects the cash distributions per share that the Company declared on its common stock during the nine months ended March 31, 2026 and 2025: 
Distributions
For the Nine Months Ended March 31, 2026PFLOAT Class A Common Stock, per sharePFLOAT Class A Common Stock, Amount DistributedPFLOAT Class I Common Stock, per sharePFLOAT Class I Common Stock, Amount Distributed
July 25, 2025$0.03428 $305,897 $0.03428 $77 
August 29, 20250.04285 382,143 0.04285 96 
September 26, 20250.03452 310,410 0.03452 77 
October 31, 20250.04315 390,644 0.04315 95 
November 28, 20250.03176 288,276 0.03176 71 
December 26, 20250.03176 290,255 0.03176 73 
January 30, 20260.03970 365,316 0.03970 89 
February 27, 20260.02916 268,739 0.02916 65 
March 27, 2026 (a)0.07226 670,518 0.07226 162 
Total for the Nine Months Ended March 31, 2026$3,272,198 $805 
(a) The March 27, 2026 distribution includes a bonus distribution of $0.04310 per share.
Distributions
For the Nine Months Ended March 31, 2025PFLOAT Class A Common Stock, per sharePFLOAT Class A Common Stock, Amount DistributedPFLOAT Class I Common Stock, per sharePFLOAT Class I Common Stock, Amount Distributed
July 26, 2024$0.02724 $239,396 $— $— 
August 30, 20240.03650 322,325 — — 
September 27, 20240.03048 269,443 — — 
October 25, 20240.03048 270,932 0.03048 68 
December 2, 20240.03780 333,979 0.03780 84 
December 27, 20240.03024 269,075 0.03024 68 
January 31, 20250.03780 338,255 0.03780 84 
February 28, 20250.02992 265,119 0.02992 67 
March 28, 20250.02992 266,613 0.02992 67 
Total for the Nine Months Ended March 31, 2025$2,575,137 $438 
The Company has adopted an "opt in" distribution reinvestment plan for its stockholders. As a result, if the Company makes a cash distribution, its stockholders will receive distributions in cash unless they specifically "opt in" to the distribution reinvestment plan so as to have their cash distributions reinvested in additional shares of the Company’s common stock. However, certain state authorities or regulators may impose restrictions from time to time that may prevent or limit a stockholder’s ability to participate in the distribution reinvestment plan.
The Company may fund its cash distributions to stockholders from any sources of funds legally available to it, including offering proceeds, borrowings, net investment income from operations, capital gains proceeds from the sale of assets, non-capital gains proceeds from the sale of assets, dividends or other distributions paid to the Company on account of preferred and common equity investments in portfolio companies and expense reimbursements from the Adviser. The Company has not established limits on the amount of funds it may use from available sources to make distributions.
During the three months ended March 31, 2026 and 2025, the Company's officers and directors did not purchase any shares of our stock. During the nine months ended March 31, 2026, the Company's officers and directors did not purchase any shares of our stock. During the nine months ended March 31, 2025, the Company accepted subscriptions from the Adviser for the sale of $10.0 million of the Company’s Class A common stock and a total of 2,096,436 shares were issued.