9. Consolidated Financial Highlights
The following is a schedule of consolidated financial
highlights for the six months ended June 30, 2026 and 2025. The per share data has been derived from information provided in the consolidated
financial statements.
| | |
For
the six months ended
June 30, | |
| | |
2026
(Unaudited) | | |
2025
(Unaudited) | |
| Per
Common Share Operating Performance | |
| | |
| |
| Net Asset Value,
Beginning of Period | |
$ | 1,017.15 | | |
| 1,006.39 | |
| | |
| | | |
| | |
| Results of Operations: | |
| | | |
| | |
| Net
Investment Income/(Loss)(1) | |
| 31.76 | | |
| 26.96 | |
| Net
Realized Gains/(Losses) and Unrealized Appreciation/(Depreciation) | |
| (3.89 | ) | |
| 7.54 | |
| Net
Increase (Decrease) in Net Assets Resulting from Operations | |
| 27.87 | | |
| 34.50 | |
| | |
| | | |
| | |
| Distributions
to Common Stockholders | |
| | | |
| | |
| Distributions
from Net Investment Income | |
| (14.51 | ) | |
| (16.57 | ) |
| Net
Decrease in Net Assets Resulting from Distributions | |
| (14.51 | ) | |
| (16.57 | ) |
| | |
| | | |
| | |
| Net
Asset Value, End of Period | |
$ | 1,030.51 | | |
| 1,024.32 | |
| | |
| | | |
| | |
| Shares Outstanding, End of
Period | |
| 99,826.75 | | |
| 94,489.20 | |
| | |
| | | |
| | |
| Ratio/Supplemental
Data | |
| | | |
| | |
| Net assets, end of Period | |
$ | 102,871,977 | | |
| 96,787,066 | |
| Weighted-average shares outstanding(2) | |
| 97,295.29 | | |
| 94,378.02 | |
| Total Return(3) | |
| 2.75 | % | |
| 3.43 | % |
| Portfolio turnover(4) | |
| 21.45 | % | |
| 25.20 | % |
| Ratio of
total expenses to average net assets with reimbursement(5) | |
| 2.08 | % | |
| 2.76 | % |
| Ratio of
total expenses to average net assets without reimbursement(5) | |
| 2.38 | % | |
| - | % |
| Ratio of
net investment income/(loss) to average net assets with reimbursement(5) | |
| 6.32 | % | |
| 5.39 | % |
| (1) | The
per common share data was derived using weighted average shares outstanding during the respective period. |
| (2) | Calculated
for the six months ended June 30, 2026 and 2025, respectively. |
| (3) | Total
return is based upon the change in NAV per share between the opening and ending NAV per share and the issuance of common stock during
the respective period, and reflects reinvestment of any distributions to common stockholders. Total returns for periods of less than
12 months are not annualized and do not include a sales load. |
| (4) | Portfolio turnover is not an annualized amount. |
| (5) | The ratios reflect an annualized amount. |
|