v3.26.1
Investments (Tables)
 9 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
Investments as of June 30, 2026 and September 30, 2025 consisted of the following:

As of June 30, 2026As of September 30, 2025
  PrincipalAmortized
Cost		Fair
Value		PrincipalAmortized
Cost		Fair
Value
Senior secured$23,340 $23,198 $23,288 $16,637 $16,513 $16,647 
One stop373,573 370,046 367,436 366,227 361,982 365,087 
Second lien893 889 893 1,132 1,119 1,143 
Subordinated debt53 53 53 155 153 156 
EquityN/A5,369 6,290 N/A5,465 7,095 
Total$397,859 $399,555 $397,960 $384,151 $385,232 $390,128 
Schedules of Portfolio Composition at Amortized Cost and Fair Value
The following tables show the portfolio composition by geographic region at amortized cost and fair value as a percentage of total investments in portfolio companies. The geographic composition is determined by the location of the corporate headquarters of the portfolio company, which is not always indicative of the primary source of the portfolio company’s business.
As of June 30, 2026As of September 30, 2025
Amortized Cost:    
United States  
Midwest$82,345 20.6 %$81,814 21.3 %
Southeast82,060 20.5 84,132 21.8 
West72,949 18.3 74,740 19.5 
Mid-Atlantic63,529 15.9 54,273 14.1 
Southwest53,526 13.5 46,747 12.1 
Northeast35,091 8.8 32,355 8.4 
United Kingdom3,695 0.9 5,170 1.3 
Canada3,296 0.8 2,964 0.8 
Sweden2,478 0.6 2,453 0.6 
Denmark555 0.1 553 0.1 
Israel31 0.0 *31 0.0 *
Total$399,555 100.0 %$385,232 100.0 %
Fair Value:      
United States  
Midwest$82,156 20.6 %$83,086 21.2 %
Southeast81,838 20.6 85,114 21.8 
West72,678 18.3 75,648 19.4 
Mid-Atlantic63,500 16.0 54,951 14.1 
Southwest53,112 13.3 47,108 12.1 
Northeast34,569 8.7 32,640 8.4 
United Kingdom3,822 1.0 5,369 1.4 
Canada3,151 0.8 3,007 0.8 
Sweden2,552 0.6 2,603 0.7 
Denmark547 0.1 554 0.1 
Israel35 0.0 *48 0.0 *
Total$397,960 100.0 %$390,128 100.0 %
*
Represents an amount less than 0.1%
The industry compositions of the portfolio at amortized cost and fair value as a percentage of total investments in portfolio companies as of June 30, 2026 and September 30, 2025 were as follows:
As of June 30, 2026As of September 30, 2025
Amortized Cost:  
Aerospace & Defense$8,460 2.1 %$6,278 1.6 %
Air Freight & Logistics3,954 1.0 3,948 1.0 
Auto Components8,273 2.1 8,146 2.1 
Automobiles20,666 5.2 19,664 5.1 
Banks2,067 0.5 1,692 0.4 
Beverages4,849 1.2 4,804 1.2 
Building Products123 0.0 *83 0.0 *
Capital Markets5,141 1.3 4,865 1.3 
Chemicals925 0.2 919 0.3 
Commercial Services & Supplies12,124 3.0 15,946 4.2 
Construction & Engineering4,175 1.0 3,873 1.0 
Diversified Consumer Services35,917 9.0 32,658 8.5 
Diversified Financial Services6,823 1.7 5,818 1.5 
Electric Utilities461 0.1 446 0.1 
Electrical Equipment— — 1,609 0.4 
Electronic Equipment, Instruments & Components1,502 0.4 1,503 0.4 
Food & Staples Retailing276 0.1 — — 
Food Products4,802 1.2 4,851 1.3 
Healthcare Equipment & Supplies11,790 3.0 9,129 2.4 
Healthcare Providers & Services20,086 5.0 19,824 5.2 
Healthcare Technology18,241 4.6 15,777 4.1 
Hotels, Restaurants & Leisure22,623 5.7 19,610 5.1 
Household Durables244 0.1 — — 
Household Products418 0.1 421 0.1 
Industrial Conglomerates8,004 2.0 3,622 0.9 
Insurance23,284 5.8 21,268 5.5 
IT Services13,210 3.3 12,891 3.4 
Leisure Products5,360 1.3 5,388 1.4 
Life Sciences Tools & Services867 0.2 5,845 1.5 
Machinery5,847 1.5 5,850 1.5 
Media3,207 0.8 2,786 0.7 
Oil, Gas & Consumable Fuels293 0.1 4,633 1.2 
Pharmaceuticals4,440 1.1 4,336 1.1 
Professional Services12,795 3.2 12,134 3.1 
Road & Rail— — 1,663 0.4 
Software100,207 25.1 95,852 24.9 
Specialty Retail24,013 6.0 23,446 6.1 
Transportation Infrastructure3,334 0.8 3,329 0.9 
Water Utilities 754 0.2 325 0.1 
Total$399,555 100.0 %$385,232 100.0 %
*
Represents an amount less than 0.1%
As of June 30, 2026As of September 30, 2025
Fair Value:    
Aerospace & Defense$8,490 2.1 %$6,302 1.6 %
Air Freight & Logistics4,044 1.0 4,022 1.0 
Auto Components8,348 2.1 8,245 2.1 
Automobiles21,065 5.3 20,191 5.2 
Banks2,032 0.5 1,709 0.4 
Beverages4,917 1.2 4,960 1.3 
Building Products123 0.0 *84 0.0 *
Capital Markets5,101 1.3 4,911 1.3 
Chemicals920 0.2 922 0.3 
Commercial Services & Supplies12,120 3.1 16,097 4.1 
Construction & Engineering4,153 1.0 3,899 1.0 
Diversified Consumer Services35,749 9.0 33,114 8.5 
Diversified Financial Services6,830 1.7 5,854 1.5 
Electric Utilities485 0.1 469 0.1 
Electrical Equipment— — 1,638 0.4 
Electronic Equipment, Instruments & Components1,517 0.4 1,550 0.4 
Food & Staples Retailing269 0.1 — — 
Food Products4,847 1.2 4,908 1.3 
Healthcare Equipment & Supplies11,805 3.0 9,185 2.4 
Healthcare Providers & Services20,069 5.0 20,087 5.2 
Healthcare Technology18,103 4.6 15,906 4.1 
Hotels, Restaurants & Leisure22,598 5.7 19,728 5.1 
Household Durables244 0.1 — — 
Household Products415 0.1 423 0.1 
Industrial Conglomerates7,962 2.0 3,665 0.9 
Insurance23,204 5.8 21,446 5.5 
IT Services13,136 3.3 13,042 3.4 
Leisure Products5,333 1.3 5,376 1.4 
Life Sciences Tools & Services840 0.2 6,425 1.6 
Machinery5,821 1.5 5,901 1.5 
Media3,220 0.8 2,786 0.7 
Oil, Gas & Consumable Fuels293 0.1 4,666 1.2 
Pharmaceuticals4,441 1.1 4,419 1.1 
Professional Services12,616 3.2 12,211 3.1 
Road & Rail— — 1,674 0.4 
Software98,984 24.9 97,231 24.9 
Specialty Retail23,793 6.0 23,445 6.0 
Transportation Infrastructure3,319 0.8 3,310 0.8 
Water Utilities 754 0.2 327 0.1 
Total$397,960 100.0 %$390,128 100.0 %
*
Represents an amount less than 0.1%