v3.26.1
Federal Income Tax Matters (Tables)
 12 Months Ended
Sep. 30, 2025
Schedule of Investments [Abstract]  
Schedule of Reclassification Taxable Income
The following permanent differences were reclassified for tax purposes among the components of net assets for the years ended September 30, 2025, 2024, and 2023:
Year ended September 30,
202520242023
Increase/(decrease) in Paid in Capital in Excess of Par$(69)$(159)$(147)
Increase/(decrease) in Distributable Earnings (Losses)69 159 147 
Schedule of Net Increase in Net Assets Resulting from Operations to Taxable Income
The following table reconciles net increase in net assets resulting from operations to taxable income for the years ended September 30, 2025, 2024 and 2023:
Year ended September 30,
202520242023
Net increase in net assets resulting from operations$94,385 $68,960 $16,109 
Net change in unrealized (appreciation) depreciation on investment transactions(4,859)(14,328)(2,732)
Other income not currently taxable(1,951)(423)(122)
Expenses not currently deductible547 1,040 146 
Other income for tax but not book36 — — 
Expenses deductible for tax but not book(457)(2)— 
Other realized gain/loss differences2,249 1,075 4 
Taxable income before deductions for distributions$89,950 $56,322 $13,405 
Schedule of Tax Character of Distributions Paid
The tax character of distributions paid during the years ended September 30, 2025, 2024 and 2023 were as follows:
Year ended September 30,
202520242023
Ordinary Income$87,759 $57,306 $12,256 
Long-Term Capital Gains2,337 133 — 
Schedule of Accumulated Earnings (Deficit) Book Basis, Income Tax
The tax basis components of distributable earnings/(accumulated losses) and reconciliation to accumulated earnings/(deficit) on a book basis for the years ended September 30, 2025, 2024 and 2023 were as follows:

Year ended September 30,
202520242023
Undistributed ordinary income – tax basis$— $— $1,699 
Undistributed realized gains – tax basis458 603 20 
Net unrealized appreciation (depreciation) on investments21,029 16,084 2,408 
Other temporary differences(21,112)(16,381)(3,980)
Total accumulated earnings (loss) – book basis$375 $306 $147