v3.26.1
Derivatives (Tables)
12 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Open Forward Foreign Currency Contract
The outstanding forward currency contracts as of September 30, 2025 were as follows:
As of September 30, 2025
CounterpartyCurrency to be soldCurrency to be purchasedSettlement dateUnrealized appreciationUnrealized depreciation
SMBC Capital Markets, Inc.9,000 EUR$9,922 USD5/28/2027$— $(864)
$— $(864)
Schedule of Realized and Unrealized Gain (Loss) on Forward Currency Contract
The impact of forward currency contracts not designated as an effective hedge accounting relationship for the years ended September 30, 2025, 2024 and 2023 on the Consolidated Statements of Operations, including realized and unrealized gains (losses) is summarized in the table below:
Realized gain (loss) on forward currency contracts recognized in income
Risk exposure categoryYear ended
September 30, 2025
Year ended
September 30, 2024
Year ended
September 30, 2023
Foreign exchange$— $— $— 
Change in unrealized appreciation (depreciation) on forward currency contracts recognized in income
Risk exposure categoryYear ended
September 30, 2025
Year ended
September 30, 2024
Year ended
September 30, 2023
Foreign exchange$(864)$— $— 
Schedule of Average Outstanding Daily Volume for Forward Currency Contract
The following table is a summary of the average outstanding daily volume for forward currency contracts for the years ended September 30, 2025, 2024, and 2023:
Average U.S. Dollar notional outstanding
Year ended
September 30, 2025
Year ended
September 30, 2024
Year ended
September 30, 2023
Forward currency contracts$9,922 $— $— 
Schedule of Derivative Instruments, Fair Value
The following table is intended to provide additional information about the effect of the offsetting derivative contracts on the financial statements of the Company including: the location of those fair values on the Consolidated Statement of Financial Condition, and the Company’s gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Company as of September 30, 2025.
As of September 30, 2025
CounterpartyConsolidated Statement of Financial Condition Location of AmountsGross Amount of Recognized AssetsGross Amount of Recognized (Liabilities)Net amounts presented in the Consolidated Statement of Financial Condition
Collateral (Received) /Pledged (1)
Net Amounts(2)
SMBC Capital Markets Inc.Unrealized depreciation on forward currency contracts$— $(864)$(864)$660 $(204)
$— $(864)$(864)$660 $(204)
(1)The actual collateral pledged could be more than the amount shown due to over collateralization.
(2)Represents the net amount due from/(to) counterparties in the event of default.