v3.26.1
Consolidated Schedule of Investments - Schedules of Investments 2 (Details) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Amortized cost $ 333,778,041 $ 329,603,765
Investments, fair value $ 262,645,641 $ 262,216,317
Investment, Identifier [Axis]: BlueArrowBiojectHoldingsLLCRefuseSystemsWasteToFuelsProcessorMember    
Maturity Apr. 08, 2074 Apr. 08, 2074
Investment Interest Rate 16.50% 16.50%
Investment, Identifier [Axis]: ConvertibleNotesMember    
Amortized cost [2] $ 29,335,457 [1] $ 27,621,053
Investments, fair value [2] $ 30,806,874 $ 29,092,471
Percent of net assets [2] 11.30% 10.60%
Investment, Identifier [Axis]: ConvertibleNotesQintessTecnologiaeParticipacoesLtdaSeriesAComputerRelatedServicesITServiceProviderMember    
Interest, PIK [2] 3.94% [3] 3.94% [4]
Fees [2],[5] 0.00% [3] 0.00% [4]
Maturity [2],[6] Feb. 11, 2027 [3] Feb. 11, 2027 [4]
Principal amount [2] $ 384,605 [3] $ 377,010 [4]
Participation percentage [2] 4.00% [3] 4.00% [1],[4]
Amortized cost [2] $ 599,401 [1],[3] $ 591,805 [4]
Investments, fair value [2] $ 670,424 [3] $ 662,828 [4]
Percent of net assets [2] 0.20% [3] 0.20% [4]
Interest, PIK [2] 3.94% [3] 3.94% [4]
Principal amount [2] $ 384,605 [3] $ 377,010 [4]
Investment, Identifier [Axis]: ConvertibleNotesQintessTecnologiaeParticipacoesLtdaSeriesBComputerRelatedServicesITServiceProviderMember    
Interest, PIK [2] 12.00% [3] 12.00% [4]
Fees [2],[5] 0.00% [3] 0.00% [4]
Maturity [2],[6] Aug. 11, 2026 [3] Aug. 11, 2026 [4]
Principal amount [2] $ 31,232,395 [3] $ 29,525,587 [4],[7]
Participation percentage [2] 23.00% [3] 23.00% [1],[4]
Amortized cost [2] $ 28,736,056 [1],[3] $ 27,029,248 [4]
Investments, fair value [2] $ 30,136,450 [3] $ 28,429,643 [4]
Percent of net assets [2] 11.10% [3] 10.40% [4]
Interest, PIK [2] 12.00% [3] 12.00% [4]
Principal amount [2] $ 31,232,395 [3] $ 29,525,587 [4],[7]
Investment, Identifier [Axis]: EquityWarrantsBlueArrowBiojetHoldingsLLCRefuseSystemsMember    
Investments, fair value [2] $ 0  
Percent of net assets 0.00% [8] 0.00% [9]
Investment, Identifier [Axis]: InvestmentPortfolioMember    
Amortized cost [2] $ 333,778,041 [1] $ 329,603,765
Investments, fair value $ 262,645,641 $ 262,216,317 [2]
Percent of net assets 96.50% 96.10% [2]
Investment, Identifier [Axis]: OtherInvestmentsAlgodoneraAvellanedaSACottonGinningMember    
Fees [2],[5],[10],[11] 0.00% [12] 0.00% [7]
Principal amount [2],[10],[11] $ 4,935,048 [12] $ 4,935,048 [7]
Amortized cost [2],[10],[11] 4,935,048 [1],[12] 4,935,048 [7]
Investments, fair value [2],[10],[11] $ 1,792,698 [12] $ 1,792,698 [7]
Percent of net assets [2],[10],[11] 0.70% [12] 0.70% [7]
Principal amount [2],[10],[11] $ 4,935,048 [12] $ 4,935,048 [7]
Investment, Identifier [Axis]: OtherInvestmentsEquityParticipationinCocoaTransactionAOtherMember    
Fees [2],[5] 0.00% 0.00% [13]
Principal amount [2],[13] $ 1,452,415 $ 1,526,561
Amortized cost [2],[13] 1,452,415 [1] 1,526,561
Investments, fair value [2],[13] $ 1,176,152 $ 1,250,298
Percent of net assets [2],[13] 0.40% 0.50%
Principal amount [2],[13] $ 1,452,415 $ 1,526,561
Investment, Identifier [Axis]: OtherInvestmentsFrigorificoRegionalIndustriasAlimentariasSASucursalUruguayBeefCattleExceptFeedLotsMember    
Fees [2],[5],[10],[11],[12] 0.00%  
Principal amount [2],[10],[11],[12] $ 6,499,323  
Amortized cost [1],[2],[10],[11],[12] 6,499,323  
Investments, fair value [2],[10],[11],[12] $ 2,955,774  
Percent of net assets [2],[10],[11],[12] 1.10%  
Principal amount [2],[10],[11],[12] $ 6,499,323  
Investment, Identifier [Axis]: OtherInvestmentsFrigorificoRegionalIndustriasAlimentariasSASucursalUruguayBeefCattleExceptFeedlotsMember    
Fees [2],[5],[7],[10],[11]   0.00%
Principal amount [2],[7],[10],[11]   $ 6,499,323
Amortized cost [2],[7],[10],[11]   6,499,323
Investments, fair value [2],[7],[10],[11]   $ 2,955,774
Percent of net assets [2],[7],[10],[11]   1.10%
Principal amount [2],[7],[10],[11]   $ 6,499,323
Investment, Identifier [Axis]: OtherInvestmentsIIGTOFBVOtherMember    
Fees [2],[5],[10],[11] 0.00% [12] 0.00% [7]
Principal amount [2],[10],[11] $ 5,883,971 [12] $ 5,883,971 [7]
Amortized cost [2],[10],[11] 5,883,971 [1],[12] 5,883,971 [7]
Investments, fair value [2],[10],[11] $ 3,124,260 [12] $ 3,124,260 [7]
Percent of net assets [2],[10],[11] 1.10% [12] 1.10% [7]
Principal amount [2],[10],[11] $ 5,883,971 [12] $ 5,883,971 [7]
Investment, Identifier [Axis]: OtherInvestmentsItelecomHoldingChileSPAElectricServicesMember    
Fees [2],[5],[10],[11] 0.00% [12],[14] 0.00% [7]
Principal amount [2],[10],[11] $ 1,250,194 [12],[14] $ 1,250,194 [7]
Participation percentage [2],[10],[11] 100.00% [12],[14] 100.00% [1],[7]
Amortized cost [2],[10],[11] $ 1,250,194 [1],[12],[14] $ 1,250,194 [7]
Investments, fair value [2],[10],[11] $ 1,403,608 [12],[14] $ 764,426 [7]
Percent of net assets [2],[10],[11] 0.50% [12],[14] 0.30% [7]
Principal amount [2],[10],[11] $ 1,250,194 [12],[14] $ 1,250,194 [7]
Investment, Identifier [Axis]: OtherInvestmentsMember    
Amortized cost [2] 21,575,474 [1] 21,849,620
Investments, fair value [2] $ 11,816,853 $ 11,451,817
Percent of net assets [2] 4.30% 4.30%
Investment, Identifier [Axis]: OtherInvestmentsTriLincPeruSACOtherMember    
Fees [2],[5] 0.00% 0.00%
Principal amount [2] $ 1,354,523 $ 1,354,523
Amortized cost [2] 1,354,523 [1] 1,354,523
Investments, fair value [2] $ 1,261,346 $ 1,261,346
Percent of net assets [2] 0.50% 0.50%
Principal amount [2] $ 1,354,523 $ 1,354,523
Investment, Identifier [Axis]: OtherInvestmentsUsivaleIndustriaECommercioLtdaOtherMember    
Fees [2],[5] 0.00%  
Maturity [2],[6] Dec. 15, 2026 Dec. 15, 2026
Principal amount [2] $ 200,000  
Participation percentage [2] 100.00% 100.00% [1]
Amortized cost [2] $ 200,000 [1] $ 400,000
Investments, fair value [2] $ 103,015 $ 303,015
Percent of net assets [2] 0.00% 0.10%
Principal amount [2] $ 200,000  
Investment, Identifier [Axis]: SeniorSecuredTermLoanBlueArrowBiojetHoldingsLLCRefuseSystemsWasteToFuelsProcessorMember    
Interest, PIK [2] 20.00% [14] 20.00% [15]
Fees [2],[5],[15] 0.00% 0.00%
Maturity [2],[6],[15] Sep. 30, 2026 Mar. 31, 2026
Principal amount [2],[15] $ 78,074,055 $ 70,740,611
Participation percentage [2],[15] 65.00% 65.00% [1]
Amortized cost [2],[15] $ 78,074,055 [1] $ 70,740,611
Investments, fair value [2],[15] $ 78,074,055 $ 70,740,611
Percent of net assets [2],[15] 28.70% 25.90%
Interest, PIK [2] 20.00% [14] 20.00% [15]
Principal amount [2],[15] $ 78,074,055 $ 70,740,611
Investment, Identifier [Axis]: SeniorSecuredTermLoanGrupoSurpapelCorrugatedAndSolidFiberBoxesSustainablePackagingManufacturerMember    
Interest, default [2],[11],[16] 3.00% [12] 3.00% [7]
Interest, cash [2],[11],[16] 11.22% [12] 11.22% [7]
Interest, PIK [2],[11],[16] 2.20% [12] 2.20% [7]
Fees [2],[5],[11],[16] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[16] Jun. 18, 2025 [12] Jun. 18, 2025 [7]
Principal amount [2],[11],[16] $ 5,966,448 [12] $ 5,966,448 [7]
Participation percentage [2],[11],[16] 10.00% [12] 10.00% [1],[7]
Amortized cost [2],[11],[16] $ 5,966,448 [1],[12] $ 5,966,448 [7]
Investments, fair value [2],[11],[16] $ 2,727,088 [12] $ 2,520,135 [7]
Percent of net assets [2],[11],[16] 1.00% [12] 0.90% [7]
Interest, PIK [2],[11],[16] 2.20% [12] 2.20% [7]
Principal amount [2],[11],[16] $ 5,966,448 [12] $ 5,966,448 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanLimasCommoditiesHouseLimitedCoalAndOtherMineralsAndOresResourceTraderMember    
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Jun. 30, 2023 [12] Jun. 30, 2023 [7]
Principal amount [2],[11],[17] $ 22,219,565 [12] $ 22,219,565 [7]
Participation percentage [2],[11],[17] 100.00% [12] 100.00% [1],[7]
Amortized cost [2],[11],[17] $ 22,219,565 [1],[12] $ 22,219,565 [7]
Investments, fair value [2],[11],[17] $ 14,208,553 [12] $ 14,551,857 [7]
Percent of net assets [2],[11],[17] 5.20% [12] 5.30% [7]
Investment Interest Rate [2],[11],[17] 11.50% [12] 11.50% [7]
Principal amount [2],[11],[17] $ 22,219,565 [12] $ 22,219,565 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanMember    
Amortized cost [2] 161,544,052 [1] 154,210,608
Investments, fair value [2] $ 128,864,890 $ 123,807,284
Percent of net assets [2] 47.30% 45.30%
Investment, Identifier [Axis]: SeniorSecuredTermLoanPTCitraLabuantirtaChocolateAndCocoaProductsCocoaProcessorMeber    
Interest, cash [2],[11],[12],[15] 8.00%  
Fees [2],[5],[11],[12],[15] 0.00%  
Maturity [2],[6],[11],[12],[15] Dec. 31, 2024  
Principal amount [2],[11],[12],[15] $ 15,000,000  
Participation percentage [2],[11],[12],[15] 51.00%  
Amortized cost [1],[2],[11],[12],[15] $ 15,000,000  
Investments, fair value [2],[11],[12],[15] $ 10,910,350  
Percent of net assets [2],[11],[12],[15] 4.00%  
Interest, redemption [2],[11],[12],[15] 5.00%  
Principal amount [2],[11],[12],[15] $ 15,000,000  
Investment, Identifier [Axis]: SeniorSecuredTermLoanPTCitraLabuantirtaChocolateAndCocoaProductsCocoaProcessorMember    
Interest, cash [2],[7],[11],[15]   8.00%
Fees [2],[5],[7],[11],[15]   0.00%
Maturity [2],[6],[7],[11],[15]   Dec. 31, 2024
Principal amount [2],[7],[11],[15]   $ 15,000,000
Participation percentage [1],[2],[7],[11],[15]   51.00%
Amortized cost [2],[7],[11],[15]   $ 15,000,000
Investments, fair value [2],[7],[11],[15]   $ 12,949,836
Percent of net assets [2],[7],[11],[15]   4.70%
Interest, redemption [2],[7],[11],[15]   5.00%
Principal amount [2],[7],[11],[15]   $ 15,000,000
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsAgilisPartnersCornGrainProcessorFMember    
Interest, cash [2],[14] 3.50% [12] 3.50% [7]
Interest, PIK [2],[14] 8.00% [12] 8.00% [7]
Fees [2],[5],[14] 0.00% [12] 0.00% [7]
Maturity [2],[6],[14] Jun. 30, 2026 [12] Jun. 30, 2026 [7]
Principal amount [2],[14] $ 15,877,350 [12] $ 15,361,873 [7]
Participation percentage [2],[14] 57.00% [12] 57.00% [1],[7]
Amortized cost [2],[14] $ 15,877,350 [1],[12] $ 15,361,873 [7]
Investments, fair value [2],[14] $ 12,660,158 [12] $ 12,676,945 [7]
Percent of net assets [2],[14] 4.70% [12] 4.60% [7]
Interest, PIK [2],[14] 8.00% [12] 8.00% [7]
Principal amount [2],[14] $ 15,877,350 [12] $ 15,361,873 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsAgilisPartnersHoldingLLCCornGrainProcessorGMember    
Interest, PIK [2],[14] 12.80% [12] 12.80% [7]
Fees [2],[5],[14] 0.00% [12] 0.00% [7]
Maturity [2],[6],[14] Jun. 30, 2026 [12] Jun. 30, 2026 [7]
Principal amount [2],[14] $ 882,160 [12] $ 828,540 [7]
Participation percentage [2],[14] 49.00% [12] 49.00% [1],[7]
Amortized cost [2],[14] $ 882,160 [1],[12] $ 828,540 [7]
Investments, fair value [2],[14] $ 748,287 [12] $ 694,668 [7]
Percent of net assets [2],[14] 0.30% [12] 0.30% [7]
Interest, PIK [2],[14] 12.80% [12] 12.80% [7]
Principal amount [2],[14] $ 882,160 [12] $ 828,540 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsCevherInternationalBVNetherlandsMotorVehiclePartsAndAccessoriesWheelManufacturerMember    
Fees [2],[5] 0.00% [11],[12] 0.00% [7],[15]
Maturity [2],[6] Aug. 28, 2026 Feb. 28, 2026 [7],[11]
Principal amount [2],[11] $ 6,679,690 [12] $ 8,020,009 [7]
Participation percentage [2],[11] 44.00% [12] 44.00% [1],[7]
Amortized cost [2],[11] $ 9,804,129 [1],[12] $ 11,144,448 [7]
Investments, fair value [2],[11] $ 9,987,459 [12] $ 11,036,073 [7]
Percent of net assets [2],[11] 3.70% [12] 4.00% [7]
Investment Interest Rate [2],[11] 17.00% [16] 0.00% [7]
Principal amount [2],[11] $ 6,679,690 [12] $ 8,020,009 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsDockBrasilEngenhariaEServicosSABoatbuildingAndRepairingShipMaintenenceAndRepairServiceMember    
Interest, cash [2],[11],[16] 14.00% [12] 14.00% [7]
Interest, PIK [2],[11],[16] 3.00% [12] 3.00% [7]
Fees [2],[5],[11],[16] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[16] Mar. 31, 2026 [12] Dec. 31, 2025 [7]
Principal amount [2],[11],[16] $ 7,236,159 [12] $ 8,079,450 [7]
Participation percentage [2],[11],[16] 42.00% [12] 42.00% [1],[7]
Amortized cost [2],[11],[16] $ 7,236,159 [1],[12] $ 8,079,450 [7]
Investments, fair value [2],[11],[16] $ 4,780,946 [12] $ 5,520,952 [7]
Percent of net assets [2],[11],[16] 1.80% [12] 2.00% [7]
Interest, PIK [2],[11],[16] 3.00% [12] 3.00% [7]
Principal amount [2],[11],[16] $ 7,236,159 [12] $ 8,079,450 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsEcsponentHoldingsLimitedShorttermBusinessCreditSMEFinancierMember    
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Aug. 18, 2023 [12] Aug. 18, 2023 [7]
Principal amount [2],[11],[17] $ 5,601,000 [12] $ 5,601,000 [7]
Participation percentage [2],[11],[17] 47.00% [12] 47.00% [1],[7]
Amortized cost [2],[11],[17] $ 5,601,000 [1],[12] $ 5,601,000 [7]
Investments, fair value [2],[11],[17] $ 1,777,308 [12] $ 1,777,308 [7]
Percent of net assets [2],[11],[17] 0.70% [12] 0.70% [7]
Investment Interest Rate [2],[11],[17] 13.32% [12] 13.32% [7]
Principal amount [2],[11],[17] $ 5,601,000 [12] $ 5,601,000 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsLidasSRLRetailBakeriesFrozenBakeryProductsManufacturerMember    
Interest, cash [2],[10],[11] 18.50% [12],[18] 18.50% [7],[19]
Fees [2],[5],[10],[11] 0.00% [12],[18] 0.00% [7],[19]
Maturity [2],[6],[10],[11] Dec. 07, 2024 [12],[18] Dec. 07, 2024 [7],[19]
Principal amount [2],[10],[11] $ 6,836,622 [12],[18] $ 6,836,622 [7],[19]
Participation percentage [2],[10],[11] 41.00% [12],[18] 41.00% [1],[7],[19]
Amortized cost [2],[10],[11] $ 7,136,229 [1],[12],[18] $ 7,136,229 [7],[19]
Investments, fair value [2],[10],[11] $ 6,521,990 [12],[18] $ 6,982,214 [7],[19]
Percent of net assets [2],[10],[11] 2.40% [12],[18] 2.60% [7],[19]
Principal amount [2],[10],[11] $ 6,836,622 [12],[18] $ 6,836,622 [7],[19]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsMaritimeOneLimitedTowingAndTugboatServiceMarineLogisticsProviderMember    
Fees [2],[5] 0.00% 0.00% [7]
Maturity [2],[6] Oct. 31, 2026 Oct. 31, 2026 [7]
Principal amount [2] $ 605,951 $ 1,754,281 [7]
Participation percentage [2] 100.00% 100.00% [1],[7]
Amortized cost [2] $ 605,951 [1] $ 1,754,281 [7]
Investments, fair value [2] $ 520,357 $ 1,668,687 [7]
Percent of net assets [2] 0.20% 0.60% [7]
Investment Interest Rate [2] 3.00% 3.00% [7]
Principal amount [2] $ 605,951 $ 1,754,281 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsMember    
Amortized cost [2] 88,994,091 [1] 93,914,525
Investments, fair value [2] $ 66,297,945 $ 71,371,727
Percent of net assets [2] 24.50% 26.10%
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsMultipleICDKenyaLimitedFreightTransportationArrangmentFreightAndCargoTransporterMember    
Interest, cash [2],[11],[17] 12.35% [12] 12.35% [7]
Interest, PIK [2],[11],[17] 4.00% [12] 4.00% [7]
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Mar. 31, 2023 [12] Mar. 31, 2023 [7]
Principal amount [2],[11],[17] $ 15,092,408 [12] $ 15,092,408 [7]
Participation percentage [2],[11],[17] 30.00% [12] 30.00% [1],[7]
Amortized cost [2],[11],[17] $ 15,092,408 [1],[12] $ 15,092,408 [7]
Investments, fair value [2],[11],[17] $ 3,099,538 [12] $ 3,099,538 [7]
Percent of net assets [2],[11],[17] 1.10% [12] 1.10% [7]
Interest, PIK [2],[11],[17] 4.00% [12] 4.00% [7]
Principal amount [2],[11],[17] $ 15,092,408 [12] $ 15,092,408 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsTRGCapeVerdeHoldingsLtdHotelsAndMotelsHospitalityServiceProviderMember    
Interest, cash [2] 10.00% 10.00%
Interest, PIK [2] 3.50% 3.50%
Fees [2],[5] 0.00% 0.00%
Maturity [2],[6] Dec. 31, 2027 Dec. 31, 2027
Principal amount [2] $ 8,041,074 $ 10,198,665
Participation percentage [2] 88.00% 88.00% [1]
Amortized cost [2] $ 8,041,074 [1] $ 10,198,665
Investments, fair value [2] $ 7,728,053 $ 9,885,644
Percent of net assets [2] 2.80% 3.60%
Interest, PIK [2] 3.50% 3.50%
Principal amount [2] $ 8,041,074 $ 10,198,665
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsTrustcoGroupHoldingsLtdLandSubdiversAndDevelopersPropertyDeveloperMember    
Interest, cash [2],[7],[11],[17]   8.50%
Interest, PIK [2],[7],[11],[17]   4.00%
Fees [2],[5],[7],[11],[17]   0.00%
Maturity [2],[6],[7],[11],[17]   Aug. 15, 2021
Principal amount [2],[7],[11],[17]   $ 18,717,631
Participation percentage [1],[2],[7],[11],[17]   100.00%
Amortized cost [2],[7],[11],[17]   $ 18,717,631
Investments, fair value [2],[7],[11],[17]   $ 18,029,698
Percent of net assets [2],[7],[11],[17]   6.60%
Interest, PIK [2],[7],[11],[17]   4.00%
Principal amount [2],[7],[11],[17]   $ 18,717,631
Investment, Identifier [Axis]: SeniorSecuredTermLoanParticipationsTrustcoGroupHoldingsLtdLandSubdividersAndDevelopersPropertyDeveloperMember    
Interest, cash [2],[11],[12],[17] 8.50%  
Interest, PIK [2],[11],[12],[17] 4.00%  
Fees [2],[5],[11],[12],[17] 0.00%  
Maturity [2],[6],[11],[12],[17] Aug. 15, 2021  
Principal amount [2],[11],[12],[17] $ 18,717,631  
Participation percentage [2],[11],[12],[17] 100.00%  
Amortized cost [1],[2],[11],[12],[17] $ 18,717,631  
Investments, fair value [2],[11],[12],[17] $ 18,473,849  
Percent of net assets [2],[11],[12],[17] 6.80%  
Interest, PIK [2],[11],[12],[17] 4.00%  
Principal amount [2],[11],[12],[17] $ 18,717,631  
Investment, Identifier [Axis]: SeniorSecuredTermLoanTritonMetallicsPteLtdCoalAndOtherMineralsAndOresNonferrousMetalTraderMember    
Interest, cash [2],[11],[14] 6.00% [12] 6.00% [7]
Interest, PIK [2],[11],[14] 7.50% [12] 7.50% [7]
Fees [2],[5],[11],[14] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[14] Jun. 30, 2026 [12] Aug. 18, 2025 [7]
Principal amount [2],[11],[14] $ 21,799,281 [12] $ 21,799,281 [7]
Participation percentage [2],[11],[14] 100.00% [12] 100.00% [1],[7]
Amortized cost [2],[11],[14] $ 21,799,281 [1],[12] $ 21,799,281 [7]
Investments, fair value [2],[11],[14] $ 19,025,669 [12] $ 19,025,670 [7]
Percent of net assets [2],[11],[14] 7.00% [12] 7.00% [7]
Interest, PIK [2],[11],[14] 7.50% [12] 7.50% [7]
Principal amount [2],[11],[14] $ 21,799,281 [12] $ 21,799,281 [7]
Investment, Identifier [Axis]: SeniorSecuredTermLoanVikudhaSdnBhdChemicalsAndAlliedProductsWholesaleDistributorMember    
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Jun. 30, 2023 [12] Jun. 30, 2023 [7]
Principal amount [2],[11],[17] $ 18,484,703 [12] $ 18,484,703 [7]
Participation percentage [2],[11],[17] 67.00% [12] 67.00% [1],[7]
Amortized cost [2],[11],[17] $ 18,484,703 [1],[12] $ 18,484,703 [7]
Investments, fair value [2],[11],[17] $ 3,919,175 [12] $ 4,019,175 [7]
Percent of net assets [2],[11],[17] 1.40% [12] 1.50% [7]
Investment Interest Rate [2],[11],[17] 12.00% [12] 12.00% [7]
Principal amount [2],[11],[17] $ 18,484,703 [12] $ 18,484,703 [7]
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationThreeProducamSAChocolateAndCocaProductsCocoaAndCoffeeExporterMember    
Maturity   Dec. 31, 2024
Investment Interest Rate   6.00%
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationThreeProducamSAChocolateAndCocoaProductsCocoaAndCoffeeExporterMember    
Maturity Dec. 31, 2024  
Investment Interest Rate 6.00%  
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationsCompaniaArgentinadeGranosSASoybeansAgricultureDistributorMember    
Fees [2],[5],[11],[20] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[20] Aug. 01, 2039 [12] Aug. 01, 2039 [7]
Principal amount [2],[11],[20] $ 6,155,479 [12] $ 5,834,471 [7]
Amortized cost [2],[20] 6,155,479 [1] 5,834,471 [7],[11]
Investments, fair value [2],[11],[20] $ 5,944,929 [12] $ 6,040,979 [7],[10]
Percent of net assets [2],[11],[20] 2.20% [12] 2.20% [7],[10]
Investment Interest Rate [2],[11],[12],[20] 0.00%  
Principal amount [2],[11],[20] $ 6,155,479 [12] $ 5,834,471 [7]
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationsMember    
Amortized cost [2] 32,328,967 [1] 32,007,959
Investments, fair value [2] $ 24,859,079 $ 26,493,018
Percent of net assets [2] 9.10% 9.80%
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationsOneAndTwoProducamSAChocolateAndCocaProductsCocoaAndCoffeeExporterMember    
Maturity Dec. 31, 2024 Dec. 31, 2024
Investment Interest Rate 9.50% 9.50%
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationsProducamSAChocolateAndCocoaProductsCocoaAndCoffeeExporterMember    
Interest, cash [2],[7],[11],[17],[21]   9.50%
Interest, PIK [2],[11],[17] 9.50% [12] 6.00% [7],[21]
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Dec. 31, 2024 [12] Dec. 31, 2024 [7]
Principal amount [2],[11],[17] $ 16,077,863 [12] $ 16,077,863 [7]
Participation percentage [2],[11],[17] 77.00% [12] 77.00% [1],[7]
Amortized cost [2],[11],[17] $ 16,077,863 [1],[12] $ 16,077,863 [7]
Investments, fair value [2],[11],[17] $ 12,603,957 [12] $ 13,525,607 [7]
Percent of net assets [2],[11],[17] 4.60% [12] 5.00% [7]
Investment Interest Rate [2] 6.00%  
Interest, PIK [2],[11],[17] 9.50% [12] 6.00% [7],[21]
Principal amount [2],[11],[17] $ 16,077,863 [12] $ 16,077,863 [7]
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationsSancorCooperativasUnidasLtdaDairyFarmsDairyCooperativeMember    
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Jul. 29, 2019 [12] Jul. 29, 2019 [7]
Principal amount [2],[11],[17] $ 5,670,694 [12] $ 5,670,694 [7]
Amortized cost [2] 5,670,694 [1] 5,670,694
Investments, fair value [2],[11],[17] $ 3,919,677 [12] $ 4,252,363 [7]
Percent of net assets [2],[11],[17] 1.40% [12] 1.60% [7]
Investment Interest Rate [2],[11],[17] 10.67% [12] 10.67% [7]
Principal amount [2],[11],[17] $ 5,670,694 [12] $ 5,670,694 [7]
Investment, Identifier [Axis]: SeniorSecuredTradeFinanceParticipationsWorldwideInvestmentsAndRepresentationsWinrepSAAndVannapackSAFrozenFishAndSeafoodMember    
Fees [2],[5],[11],[17] 0.00% [12] 0.00% [7]
Maturity [2],[6],[11],[17] Oct. 25, 2023 [12] Oct. 25, 2023 [7]
Principal amount [2],[11],[17] $ 4,424,931 [12] $ 4,424,931 [7]
Participation percentage [2],[11],[17] 59.00% [12] 59.00% [1],[7]
Amortized cost [2],[11],[17] $ 4,424,931 [1],[12] $ 4,424,931 [7]
Investments, fair value [2],[11],[17] $ 2,390,516 [12] $ 2,674,069 [7]
Percent of net assets [2],[11],[17] 0.90% [12] 1.00% [7]
Investment Interest Rate [2],[11],[17] 11.75% [12] 11.75% [7]
Principal amount [2],[11],[17] $ 4,424,931 [12] $ 4,424,931 [7]
[1] Percentage of the Company’s participation in total borrowings outstanding under sub-advisor provided financing facility. The participation percentages are calculated based on the global outstanding balance for the facility.
[2] Refer to Notes 2, 3 and 4 of the consolidated financial statements for additional information on the Company’s investments.
[3] Class A and Class B convertible notes were issued to the Company through a restructuring in August 2023.
[4] Class A and Class B convertible notes were issued to the Company through a restructuring in August 2023.
[5] Fees may include upfront, origination, commitment, facility and/or other fees that the borrower must contractually pay to the Company. Fees, if any, are typically received in connection with term loan transactions and are rarely applicable to trade finance transactions.
[6] Trade finance borrowers may be granted flexibility with respect to repayment relative to the stated maturity date to accommodate specific contracts and/or business cycle characteristics. This flexibility in each case is agreed upon between the Company and the sub-advisor and between the sub-advisor and the borrower.
[7] Watch List investment. (i.e., an investment with any significant changes in the credit and collection risk).
[8] The Company holds four equity warrants, which upon exercise would entitle the Company to equity interests equivalent to 16.5% of the investee’s equity interest. The warrants have a strike price of $0.01 and expire on April 8, 2074. As a result of continued paid-in-kind interest accrual, the value of Blue Arrow has declined such that the value of the warrant is zero as of June 30, 2026.
[9] The Company holds four equity warrants, which upon exercise would entitle the Company to equity interests equivalent to 16.5% of the investee’s equity interest. The warrants have a strike price of $0.01 and expire on April 8, 2074.
[10] Investment is in bankruptcy.
[11] Investment on non-accrual status.
[12] Watch List investment (i.e., an investment with any significant changes in the credit and collection risk).
[13] Courtyard Farms Limited and Alfa Systems and Commodity Company Limited are the original borrowers of this investment. The borrowers were not able to meet scheduled debt repayments, and the Company entered into a settlement agreement for the outstanding amount. The borrowers' inventory serves as collateral, which the Company plans to trade through a local agent. The settlement dates for Courtyard Farms Limited and Alfa Systems and Commodity Company Limited were July 31, 2023 and October 16, 2023, respectively.
[14] Investment is undergoing a restructuring.
[15] Another creditor filed a Penundaan Kewajiban Pembayaran Utang (“PKPU”) claim in Indonesia (which is comparable to a U.S. Chapter 11 bankruptcy filing). The Company has filed a claim in connection with that PKPU proceeding, but there is not certainty regarding the outcome of the Company’s claim.
[16] The Company is currently engaged in discussions with the borrower regarding a final settlement.
[17] Investment is in default.
[18] Lidas SRL is the operating company for the investment. The participation is in a senior security term loan to Cristal Project SRL, which is guaranteed by Lidas SRL.
[19] Lidas SRL is the operating company for the investment. The participation is in a senior security term loan to Cristal Project SRL, which is guaranteed by Lidas, SRL.
[20] The Company has completed a debt restructuring, which included an extension of the maturity date to 2039.
[21] The interest rate is 9.5% on the first and second trade finance participation, and 6.0% on the third trade finance participation.