v3.26.1
Derivatives (Tables)
 9 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Open Forward Foreign Currency Contract
The outstanding forward currency contracts as of June 30, 2026 and September 30, 2025 were as follows:
As of June 30, 2026
CounterpartyCurrency to be soldCurrency to be purchasedSettlement dateUnrealized appreciationUnrealized depreciation
Macquarie Bank Limited£4,000 GBP$5,321 USD10/28/2026$17 $— 
SMBC Capital Markets, Inc.€9,000 EUR$9,922 USD5/28/2027— (490)
SMBC Capital Markets, Inc.€11,400 EUR$13,270 USD12/29/2027— (64)
SMBC Capital Markets, Inc.A$2,750 AUD$1,922 USD6/15/202834 — 
$51 $(554)
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)
$— $(864)
Schedule of Realized and Unrealized Gain (Loss) on Forward Currency Contract
The impact of forward currency contracts not designated as an effective hedge accounting relationship for the three and nine months ended June 30, 2026 and 2025 on the Consolidated Statements of Operations, including realized and unrealized gains (losses) is summarized in the table below:
Realized gain (loss) on forward currency contracts recognized in income
Risk exposure categoryThree months ended June 30,Nine months ended June 30,
2026202520262025
Foreign exchange$— $— $— $— 
Change in unrealized appreciation (depreciation) on forward currency contracts recognized in income
Risk exposure categoryThree months ended June 30,Nine months ended June 30,
2026202520262025
Foreign exchange$62 $(807)$361 $(966)
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 three and nine months ended June 30, 2026 and 2025:
Average U.S. Dollar notional outstanding
Three months ended June 30,Nine months ended June 30,
2026202520262025
Forward currency contracts$16,457 $9,922 $15,141 $9,922 
Schedule of Forward Currency Contract, 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 Statements 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 June 30, 2026 and September 30, 2025:
As of June 30, 2026
CounterpartyConsolidated Statements of Financial Condition Location of AmountsGross Amount of Recognized AssetsGross Amount of Recognized (Liabilities)Net amounts presented in the Consolidated Statements of Financial Condition
Collateral (Received) /Pledged (1)
Net Amounts(2)
SMBC Capital Markets Inc.Unrealized depreciation on forward currency contracts$34 $(554)$(520)$520 $— 
Macquarie Bank LimitedUnrealized appreciation on forward currency contracts17 — 17 — 17 
$51 $(554)$(503)$520 $17 
As of September 30, 2025
CounterpartyConsolidated Statements of Financial Condition Location of AmountsGross Amount of Recognized AssetsGross Amount of Recognized (Liabilities)Net amounts presented in the Consolidated Statements of Financial Condition
Collateral (Received) /Pledged(1)
Net Amounts(2)
SMBC Capital Markets Inc.Unrealized depreciation on forward currency contracts$— $(864)$(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.