v3.26.1
Financial Highlights (Tables)
 6 Months Ended
Jun. 30, 2026
FINANCIAL HIGHLIGHTS [Abstract]  
Schedule of Financial Highlights

The following presents financial highlights for the six months ended June 30, 2026 and 2025:

 

 

 

For the Six Months Ended

 

 

 

 

June 30, 2026

 

 

June 30, 2025

 

 

Per share data:

 

 

 

 

 

 

 

Net asset value at beginning of period

 

$

13.30

 

 

$

13.20

 

 

Net investment income (loss) (1)

 

 

0.77

 

 

 

0.67

 

 

Net realized and unrealized gains/(losses) on investments (1)

 

 

(0.13

)

 

 

0.04

 

 

Net increase/(decrease) in net assets resulting from operations (1)

 

 

0.64

 

 

 

0.71

 

 

Distributions from net investment income (loss) (2)

 

 

(0.68

)

 

 

(0.68

)

 

Net asset value at end of period

 

$

13.26

 

 

$

13.23

 

 

Net assets at end of period

 

$

302,489,539

 

 

$

301,843,563

 

 

Shares outstanding at end of period

 

 

22,820,590

 

 

 

22,820,408

 

 

Weighted average net assets

 

$

303,789,048

 

 

$

301,094,453

 

 

 

 

 

 

 

 

 

 

Per share market value at end of period

 

$

9.77

 

 

$

10.35

 

 

Total return based on market value

 

 

1.04

%

(3)

 

(12.40

)%

(4)

Total return based on net asset value

 

 

4.86

%

(3)

 

3.41

%

(4)

 

 

 

 

 

 

 

 

Ratio/Supplemental data:

 

 

 

 

 

 

 

Ratio of net investment income (loss) to average net assets (5)

 

 

5.80

%

 

 

5.09

%

 

Ratio of expenses to average net assets (5)

 

 

4.30

%

 

 

3.80

%

 

Ratio of waived expenses to average net assets(5)

 

 

0.00

%

 

 

(0.59

)%

 

Ratio of net expenses to average net assets(5)

 

 

4.30

%

 

 

3.22

%

 

Portfolio turnover (5)

 

 

27.77

%

 

 

10.30

%

 

 

(1)
The per share data was derived by using the weighted average shares outstanding during the periods presented.
(2)
The amount shown may not correspond for the period as it includes the effect of the timing of the distribution and the issuance of common stock.
(3)
Total return based on market value is calculated as the change in market value per share during the period plus declared dividends per share, assuming reinvestment of dividends at the closing market price on the dividend payment date, divided by the beginning market value per share. Total return based on net asset value is calculated as the change in net asset value per share during the period plus declared dividends per share, assuming reinvestment of dividends at the last reported net asset value per share on the respective dividend payment date, divided by the beginning net asset value per share. For periods less than a year, total return is not annualized.
(4)
Total return based on market value is based on the change in market price per share between the beginning and ending market prices per share in each period and assumes that common stock dividends are reinvested in accordance with our common stock dividend reinvestment plan. Total return based on net asset value is based upon the change in net asset value per share between the beginning and ending net asset values per share in each period and assumes that dividends are reinvested in accordance with our common stock dividend reinvestment plan. For periods less than a year, total return is not annualized.
(5)
Ratio is not annualized.