v3.26.1
NET ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Investment Company [Abstract]  
Schedule of Transactions in Common Shares
The following table presents transactions in Common Shares for the three months ended June 30, 2026 (amounts in thousands except share amounts):
Three Months Ended June 30, 2026
SharesAmount
CLASS S
Subscriptions40,058 $958 
Share transfers between classes(3,264)(78)
Distributions reinvested18,308 437 
Share repurchases, net of early repurchase deduction(160,518)(3,819)
Net increase (decrease)(105,416)$(2,502)
CLASS D
Subscriptions28,353 $680 
Share transfers between classes— — 
Distributions reinvested19,118 457 
Share repurchases, net of early repurchase deduction(26,901)(641)
Net increase (decrease)20,570 $496 
CLASS I
Subscriptions2,387,551 $57,296 
Share transfers between classes3,252 78 
Distributions reinvested475,755 11,401 
Share repurchases, net of early repurchase deduction(1,213,003)(28,936)
Net increase (decrease)1,653,555 $39,839 
The following table presents transactions in Common Shares for the six months ended June 30, 2026 (amounts in thousands except share amounts):
Six Months Ended June 30, 2026
SharesAmount
CLASS S
Subscriptions176,631 $4,263 
Share transfers between classes(21,320)(516)
Distributions reinvested35,380 851 
Share repurchases, net of early repurchase deduction(174,289)(4,150)
Net increase (decrease)16,402 $448 
CLASS D
Subscriptions71,330 $1,725 
Share transfers between classes— — 
Distributions reinvested38,312 923 
Share repurchases, net of early repurchase deduction(31,850)(760)
Net increase (decrease)77,792 $1,888 
CLASS I
Subscriptions6,673,260 $161,232 
Share transfers between classes21,256 516 
Distributions reinvested922,578 22,239 
Share repurchases, net of early repurchase deduction(2,946,374)(70,328)
Net increase (decrease)4,670,720 $113,659 
The following table presents transactions in Common Shares for the three months ended June 30, 2025 (amounts in thousands except share amounts):
Three Months Ended June 30, 2025
SharesAmount
CLASS S
Subscriptions393,583 $9,662 
Share transfers between classes— — 
Distributions reinvested8,652 212 
Share repurchases, net of early repurchase deduction(1,257)(31)
Net increase (decrease)$400,978 $9,843 
CLASS D
Subscriptions124,957 $3,077 
Share transfers between classes(123)(3)
Distributions reinvested13,453 332 
Share repurchases, net of early repurchase deduction(4,634)(113)
Net increase (decrease)$133,653 $3,293 
CLASS I
Subscriptions6,603,294 $162,612 
Share transfers between classes122 3 
Distributions reinvested413,951 10,203 
Share repurchases, net of early repurchase deduction(209,244)(5,131)
Net increase (decrease)$6,808,123 $167,687 
The following table presents transactions in Common Shares for the six months ended June 30, 2025 (amounts in thousands except share amounts):
Six months ended June 30, 2025
SharesAmount
CLASS S
Subscriptions583,230 $14,347 
Share transfers between classes(4,050)(100)
Distributions reinvested14,191 349 
Share repurchases, net of early repurchase deduction(1,257)(31)
Net increase (decrease)592,114 $14,565 
CLASS D
Subscriptions170,879 $4,214 
Share transfers between classes(5,807)(144)
Distributions reinvested26,027 643 
Share repurchases, net of early repurchase deduction(10,101)(248)
Net increase (decrease)180,998 $4,465 
CLASS I
Subscriptions9,856,478 $243,224 
Share transfers between classes9,844 244 
Distributions reinvested777,333 19,203 
Share repurchases, net of early repurchase deduction(451,368)(11,096)
Net increase (decrease)10,192,287 $251,575 
Schedule of Net Offering Price Per Share
The following tables present each month-end net offering price for Class S, Class D, and Class I Common Shares, which equals their respective NAV per share, for the six months ended June 30, 2026 and 2025.

Net Offering Price Per Share
For The Months Ended Class S Class D Class I
January 31, 2026$24.21$24.28$24.28
February 28, 2026$24.09$24.16$24.16
March 31, 2026$23.94$24.02$24.02
April 30, 2026$23.91$24.00$24.00
May 31, 2026$23.81$23.88$23.88
June 30, 2026$23.79$23.86$23.86
Net Offering Price Per Share
For the Months Ended
Class S
Class D
Class I
January 31, 2025$24.75$24.80$24.81
February 28, 2025$24.64$24.69$24.70
March 31, 2025$24.58$24.63$24.64
April 30, 2025$24.54$24.59$24.60
May 31, 2025$24.58$24.63$24.63
June 30, 2025$24.47$24.54$24.54
Schedule of Fund Distributions and Cash Distributions Declared
The following tables summarize the Fund’s distributions recorded during the for the six months ended June 30, 2026 (amounts in thousands except per share amounts):
Class S
Declaration DateRecord DatePayment Date
Distribution per Share (1)
Distribution Amount
January 29, 2026January 31, 2026February 27, 2026$0.153$279
February 25, 2026February 28, 2026March 27, 2026$0.153$288
March 27, 2026March 31, 2026April 28, 2026$0.153$291
April 29, 2026April 30, 2026May 28, 2026$0.153$294
May 29, 2026May 31, 2026June 29, 2026$0.153$296
June 28, 2026June 30, 2026July 28, 2026$0.153$298
Total$0.918$1,746
Class D
Declaration DateRecord DatePayment Date
Distribution per Share (1)
Distribution Amount
January 29, 2026January 31, 2026February 27, 2026$0.165$217
February 25, 2026February 28, 2026March 27, 2026$0.165$219
March 27, 2026March 31, 2026April 28, 2026$0.165$220
April 29, 2026April 30, 2026May 28, 2026$0.165$224
May 29, 2026May 31, 2026June 29, 2026$0.165$225
June 28, 2026June 30, 2026July 28, 2026$0.165$227
Total$0.990$1,332
Class I
Declaration DateRecord DatePayment Date
Distribution per Share
Distribution Amount
January 29, 2026January 31, 2026February 27, 2026$0.170$9,493
February 25, 2026February 28, 2026March 27, 2026$0.170$9,702
March 27, 2026March 31, 2026April 28, 2026$0.170$9,994
April 29, 2026April 30, 2026May 28, 2026$0.170$10,017
May 29, 2026May 31, 2026June 29, 2026$0.170$10,109
June 28, 2026June 30, 2026July 28, 2026$0.170$10,186
Total$1.020$59,501
_______________
(1)Distributions are net of distribution and servicing fees.
The following tables summarize the Fund’s distributions recorded during the six months ended June 30, 2025 (amounts in thousands except per share amounts):
Class S
Declaration DateRecord DatePayment Date
Distribution per Share (1)
Distribution Amount
January 29, 2025January 31, 2025February 28, 2025$0.183$156
February 27, 2025February 28, 2025March 28, 2025$0.183$162
March 28, 2025March 31, 2025April 29, 2025$0.183$172
April 26, 2025April 30, 2025May 29, 2025$0.183$183
May 27, 2025May 31, 2025June 27, 2025$0.183$229
June 27, 2025June 30, 2025July 29, 2025$0.183$246
$1.098$1,148
Class D
Declaration DateRecord DatePayment Date
Distribution per Share (1)
Distribution Amount
January 29, 2025January 31, 2025February 28, 2025$0.195$162
February 27, 2025February 28, 2025March 28, 2025$0.195$165
March 28, 2025March 31, 2025April 29, 2025$0.195$170
April 26, 2025April 30, 2025May 29, 2025$0.195$173
May 27, 2025May 31, 2025June 27, 2025$0.195$177
June 27, 2025June 30, 2025July 29, 2025$0.195$195
$1.170$1,042
Class I
Declaration DateRecord DatePayment DateDistribution per ShareDistribution Amount
January 29, 2025January 31, 2025February 28, 2025$0.200$6,741
February 27, 2025February 28, 2025March 28, 2025$0.200$6,901
March 28, 2025March 31, 2025April 29, 2025$0.200$7,076
April 26, 2025April 30, 2025May 29, 2025$0.200$7,622
May 27, 2025May 31, 2025June 27, 2025$0.200$8,019
June 27, 2025June 30, 2025July 29, 2025$0.200$8,430
$1.200$44,789
_______________
(1)Distributions are net of distribution and servicing fees.
The following table reflects the source of cash distributions on a U.S. GAAP basis that the Fund has declared on its Common Shares for the six months ended June 30, 2026 (amounts in thousands except share and per share amounts):

Class S
Class D
Class I
Sources of DistributionPer ShareAmountPer ShareAmountPer ShareAmount
Net investment income$0.918$1,746$0.990$1,332$1.020$59,501
Net realized gains$—$—$—$—$—$—
Total$0.918$1,746$0.990$1,332$1.020$59,501

The following table reflects the source of cash distributions on a U.S. GAAP basis that the Fund has declared on its Common Shares for the six months ended June 30, 2025 (amounts in thousands except share and per share amounts):
Class SClass DClass I
Sources of DistributionPer ShareAmountPer ShareAmountPer ShareAmount
Net investment income$1.098$1,148$1.170$1,042$1.200$44,789
Net realized gains$—$—$—$—$—$—
Total$1.098$1,148$1.170$1,042$1.200$44,789
Schedule of Share Repurchases
The following table presents the share repurchases completed for the six months ended June 30, 2026 and 2025 (amounts in thousands except share amounts):
Offer DateClassTender Offer ExpirationRepurchase Price per share
Repurchased Amount (1)
Shares Repurchased (2)
February 28, 2026Class IMarch 27, 2026$24.02 $41,392 1,733,371 
February 28, 2026Class DMarch 27, 2026$24.02 $119 4,949 
February 28, 2026Class SMarch 27, 2026$23.94 $330 13,771 
May 29, 2026Class IJune 29, 2026$23.86 $28,936 1,213,003 
May 29, 2026Class DJune 29, 2026$23.86 $641 26,901 
May 29, 2026Class SJune 29, 2026$23.79 $3,819 160,518 
_______________
(1)Amount shown is net of Early Repurchase Deduction.
(2)All repurchase requests were satisfied in full.
Offer DateClassTender Offer ExpirationRepurchase Price per share
Repurchased Amount (1)
Shares Repurchased (2)
February 28, 2025Class IMarch 28, 2025$24.64 $5,965 242,124 
February 28, 2025Class DMarch 28, 2025$24.63 $135 5,467 
May 30, 2025Class IJune 30, 2025$24.54 $5,131 209,244 
May 30, 2025Class DJune 30, 2025$24.54 $113 4,634 
May 30, 2025Class SJune 30, 2025$24.47 $31 1,257 
_______________
(1)Amount shown is net of Early Repurchase Deduction.
(2)All repurchase requests were satisfied in full.