| Schedule of Distributable Earnings |
The following table shows the components of total distributable earnings (loss) as shown on the Consolidated Statements of Assets and Liabilities:
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
Total distributable earnings (loss), beginning of period |
|
$ |
(19,620 |
) |
|
$ |
29,624 |
|
Net investment income (loss) after taxes |
|
|
78,670 |
|
|
|
176,026 |
|
Net realized gain (loss) |
|
|
(20,602 |
) |
|
|
(7,422 |
) |
Net change in unrealized appreciation (depreciation) |
|
|
(54,650 |
) |
|
|
(46,510 |
) |
Dividends declared |
|
|
(76,428 |
) |
|
|
(174,035 |
) |
Tax reclassification of stockholders’ equity |
|
|
— |
|
|
|
2,697 |
|
Total distributable earnings (loss), end of period |
|
$ |
(92,630 |
) |
|
$ |
(19,620 |
) |
|
| Schedule of Dividends Declared and Payable |
The following table summarizes the Company’s distributions declared as well as the DRIP shares issued for the six months ended June 30, 2026 and June 30, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
Declared |
|
Record
Date |
|
Payment
Date |
|
Per Share
Amount |
|
|
Shares |
|
|
For the six months ended June 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
February 26, 2026 |
|
March 31, 2026 |
|
April 24, 2026 |
|
$ |
0.45 |
|
|
|
393,833 |
|
(1) |
May 05, 2026 |
|
June 30, 2026 |
|
July 24, 2026 |
|
$ |
0.45 |
|
|
|
392,395 |
|
(1) |
|
|
|
|
|
|
$ |
0.90 |
|
|
|
786,228 |
|
|
For the six months ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
February 27, 2025 |
|
March 31, 2025 |
|
April 25, 2025 |
|
$ |
0.50 |
|
|
$ |
438,274 |
|
(1) |
May 08, 2025 |
|
June 30, 2025 |
|
July 25, 2025 |
|
$ |
0.50 |
|
|
$ |
400,773 |
|
(1) |
|
|
|
|
|
|
$ |
1.00 |
|
|
|
839,047 |
|
|
(1)In accordance with the Company’s DRIP, shares were purchased in the open market.
|
| Schedule of Shares Repurchased Under Company 10b5-1 Plan |
The following table summarizes the shares repurchased under the share repurchase program during the six months ended June 30, 2026:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period |
|
Total
Number
of Shares
Purchased |
|
|
Average Price
Paid per
Share |
|
|
Total
Number
of Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs |
|
|
Approximate
Dollar Value
of Shares
that May
Yet Be
Purchased
Under the
Program
(in millions) |
|
January 1 - January 31, 2026 |
|
|
358,300 |
|
|
$ |
16.47 |
|
|
|
358,300 |
|
|
$ |
52.1 |
|
February 1 - February 28, 2026 |
|
|
308,900 |
|
|
|
15.55 |
|
|
|
308,900 |
|
|
|
47.6 |
|
March 1 - March 31, 2026 |
|
|
273,287 |
|
|
|
14.64 |
|
|
|
273,287 |
|
|
|
96.0 |
|
April 1 - April 30, 2026 |
|
|
460,500 |
|
|
|
14.82 |
|
|
|
460,500 |
|
|
|
88.8 |
|
May 1 - May 31, 2026 |
|
|
370,986 |
|
|
|
15.33 |
|
|
|
370,986 |
|
|
|
83.5 |
|
June 1 - June 30, 2026 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
83.5 |
|
Total Repurchases |
|
|
1,771,973 |
|
|
|
|
|
|
1,771,973 |
|
|
|
|
The following table summarizes the shares repurchased under the share repurchase plan during the six months ended June 30, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period |
|
Total
Number
of Shares
Purchased |
|
|
Average Price
Paid per
Share |
|
|
Total
Number
of Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs |
|
|
Approximate
Dollar Value
of Shares
that May
Yet Be
Purchased
Under the
Program
(in millions) |
|
January 1 - January 31, 2025 |
|
|
11,401 |
|
|
$ |
20.31 |
|
|
|
11,401 |
|
|
$ |
81.9 |
|
February 1 - February 27, 2025 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
81.9 |
|
February 28, 2025 |
|
|
20,789 |
|
|
|
20.24 |
|
|
|
20,789 |
|
|
|
99.6 |
|
March 1 - March 31, 2025 |
|
|
459,142 |
|
|
|
20.38 |
|
|
|
459,142 |
|
|
|
90.2 |
|
April 1 - April 30, 2025 |
|
|
753,096 |
|
|
|
18.79 |
|
|
|
753,096 |
|
|
|
76.1 |
|
May 1 - May 31, 2025 |
|
|
277,558 |
|
|
|
19.22 |
|
|
|
277,558 |
|
|
|
70.7 |
|
June 1 - June 30, 2025 |
|
|
26,473 |
|
|
|
19.54 |
|
|
|
26,473 |
|
|
|
70.2 |
|
Total Repurchases |
|
|
1,548,459 |
|
|
|
|
|
|
1,548,459 |
|
|
|
|
|