The following tables provide a summary of our assets and liabilities that are measured at fair value on a recurring basis at June 30, 2026 and December 31, 2025.


June 30, 2026	Level 1		Level 2		Level 3		Balance
Assets at Fair Value:
Agency Securities	$	—	$	20,596,296	$	—	$	20,596,296
U.S. Treasury Securities	$	587,348	$	—	$	—	$	587,348
Derivatives	$	—	$	668,063	$	—	$	668,063
Liabilities at Fair Value:

Derivatives	$	62,289	$	12,886	$	—	$	75,175

December 31, 2025	Level 1		Level 2		Level 3		Balance
Assets at Fair Value:
Agency Securities	$	—	$	19,417,640	$	—	$	19,417,640
U.S. Treasury Securities	$	598,109	$	—	$	—	$	598,109
Derivatives	$	17,820	$	593,724	$	—	$	611,544
Liabilities at Fair Value:

Derivatives	$	93	$	19,210	$	—	$	19,303