The following table presents the composition of the Company’s investment portfolio at amortized cost and fair value as of June 30, 2026 and December 31, 2025:


	June 30, 2026				December 31, 2025
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
First-lien senior secured debt	$	1,073,909,041	$	971,550,785	$	1,088,644,221	$	1,014,924,713
Second-lien senior secured debt		76,247,736		59,085,127		72,146,972		59,868,971
Corporate Bonds		8,378,433		7,167,689		8,892,453		7,929,631
CLO Mezzanine		26,467,532		24,259,370		34,863,998		34,300,352
CLO Equity		6,821,335		3,966,693		8,326,282		6,087,607
Equity		10,453,997		7,471,097		8,965,875		7,812,775
Short-term investments		39,876,479		39,876,479		72,716,269		72,716,269
Total Investments	$	1,242,154,553	$	1,113,377,240	$	1,294,556,070	$	1,203,640,318

As of June 30, 2026, approximately 17.4% of the long-term investment portfolio at amortized cost and 18.4% of the long-term investment portfolio measured at fair value, respectively, were invested in non-qualifying assets. As of December 31, 2025, approximately 18.6% of the long-term investment portfolio at amortized cost and 19.2% of the long-term investment portfolio measured at fair value, respectively, were invested in non-qualifying assets. With respect to the Company’s total assets, approximately 17.4% and 17.8% of the Company’s total assets were invested in non-qualifying assets as defined by Section 55(a) of the 1940 Act as of June 30, 2026 and December 31, 2025, respectively.

The industry composition of investments based on fair value, as a percentage of total investments at fair value, as of June 30, 2026 and December 31, 2025 was as follows:


	June 30, 2026			December 31, 2025
Software		10.9	%		10.7	%
Professional Services		8.7	%		7.3	%
Healthcare Providers and Services		8.6	%		8.8	%
Diversified Financial Services		5.9	%		5.0	%
Chemicals		5.6	%		5.4	%
Construction and Engineering		5.4	%		5.0	%
IT Services		5.4	%		9.6	%
Electronic Equipment, Instruments and Components		4.2	%		3.3	%
Media		3.6	%		1.6	%
Commercial Services and Supplies		3.6	%		2.0	%
Short-Term Investments		3.6	%		6.0	%
Insurance		3.0	%		3.5	%
Containers and Packaging		2.5	%		2.2	%
Hotels, Restaurants and Leisure		2.3	%		2.2	%
Structured Note		2.2	%		2.8	%
Food Products		1.9	%		2.5	%
Building Products		1.8	%		1.8	%
Aerospace and Defense		1.5	%		1.1	%
Auto Components		1.5	%		1.6	%
Healthcare Technology		1.5	%		0.6	%
Metals and Mining		1.4	%		1.3	%
Interactive Media Services		1.3	%		1.3	%
Household Durables		1.2	%		1.2	%
Healthcare Equipment and Supplies		1.1	%		0.7	%
Pharmaceuticals		0.9	%		0.7	%
Machinery		0.9	%		1.8	%
Real Estate Management and Development		0.8	%		0.6	%
Specialty Retail		0.8	%		1.1	%
Road and Rail		0.8	%		0.7	%
Entertainment		0.7	%		0.2	%
Industrial Conglomerates		0.7	%		0.7	%
Diversified Consumer Services		0.7	%		1.1	%
Diversified Telecommunication Services		0.7	%		0.7	%
Energy Equipment and Services		0.6	%		0.9	%
Trading Companies and Distributors		0.6	%		—
Textiles, Apparel & Luxury Goods		0.5	%		0.6	%
Ground Transportation		0.4	%		—
Restaurants		0.4	%		0.3	%
Automotive		0.4	%		0.3	%
Structured Subordinated Note		0.4	%		0.5	%
Construction Materials		0.3	%		0.3	%
Household Products		0.3	%		0.3	%
Semiconductors and Semiconductor Equipment		0.2	%		—
Technology Hardware, Storage & Peripherals		0.1	%		—
Oil, Gas & Consumable Fuels		0.1	%		—
Independent Power and Renewable Electricity Producers		—			1.2	%
Electrical Equipment		—			0.5	%
Total		100	%		100	%