The following table presents the schedule of financial highlights of the Company:
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For the Three Months Ended |
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For the Three Months Ended |
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|
|
|
March 31, 2026 |
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|
March 31, 2025 |
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|
Per Unit Data:(1) |
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|
|
|
|
|
|
Members' Capital, beginning of period |
|
$ |
19.83 |
|
|
$ |
19.84 |
|
|
Net investment income (loss) |
|
|
0.46 |
|
|
|
0.45 |
|
|
Net realized and unrealized gains (losses)(2) |
|
|
(0.13 |
) |
|
|
(0.03 |
) |
|
Net increase (decrease) in Members' Capital from operations(2) |
|
$ |
0.33 |
|
|
$ |
0.42 |
|
|
Total increase (decrease) in Members' Capital |
|
$ |
0.33 |
|
|
$ |
0.42 |
|
|
Members' Capital, end of period |
|
$ |
20.16 |
|
|
$ |
20.26 |
|
|
Units outstanding, end of period |
|
|
27,234,468 |
|
|
|
20,729,057 |
|
|
Weighted average units outstanding |
|
|
26,628,058 |
|
|
|
20,586,967 |
|
|
Total return based on Members' Capital (3) |
|
|
1.66 |
% |
|
|
2.12 |
% |
|
Supplemental Data/Ratio:(4) |
|
|
|
|
|
|
|
Members' Capital, end of period |
|
$ |
549,108 |
|
|
$ |
419,987 |
|
|
Ratio of net expenses to average Members' Capital |
|
|
7.27 |
% |
|
|
7.36 |
% |
|
Ratio of net expenses before Management fee waiver to average Members' Capital |
|
|
7.27 |
% |
|
|
7.36 |
% |
|
Ratio of net expenses (without incentive fees and interest and other debt expenses) to average Members' Capital |
|
|
1.37 |
% |
|
|
1.83 |
% |
|
Ratio of interest and other debt expenses to average Members' Capital |
|
|
5.15 |
% |
|
|
4.82 |
% |
|
Ratio of incentive fees to average Members' Capital |
|
|
0.75 |
% |
|
|
0.71 |
% |
|
Ratio of total expenses to average Members' Capital |
|
|
7.27 |
% |
|
|
7.36 |
% |
|
Ratio of net investment income to average Members' Capital |
|
|
9.40 |
% |
|
|
9.08 |
% |
|
Portfolio turnover |
|
|
4 |
% |
|
|
— |
% |
|
(1)The per Unit data was derived by using the weighted average Units outstanding during the applicable period, except for distributions recorded, which reflects the actual amount of distribution recorded per Unit for the applicable period. (2)The amount shown may not correspond for the period as it includes the effect of the timing of capital drawdowns. (3)Calculated as the change in members' capital per Unit during the period plus distributions recorded per Unit, divided by the beginning members' capital per Unit. (4)Ratios are annualized, except for, as applicable, organization costs.
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