Note 9 - Financial Highlights

6 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Investment Company, Financial Highlights [Text Block]

9. FINANCIAL HIGHLIGHTS

Below is the schedule of the Company’s financial highlights (dollar amounts in thousands, except per share data):

		*For the Six Months Ended June 30, 2026*
Per Share Data:
Net assets attributable to common shares, beginning of period		$	9.98
Net investment income (loss) after excise tax ⁽¹⁾			0.36
Net realized gain (loss) ⁽¹⁾			—
Net change in unrealized appreciation (depreciation) ⁽¹⁾			(0.13	)
Net increase (decrease) in net assets resulting from operations ⁽¹⁾			0.23
Distributions declared from net investment income ⁽¹⁾⁽²⁾			(0.36	)
Issuance of common stock ⁽¹⁾			—
Other ⁽³⁾			—
Total increase (decrease) in net assets ⁽¹⁾			(0.13	)
Net assets attributable to common shares, end of period ⁽¹⁾		$	9.85
Common shares outstanding, end of period			20,685,411
Preferred shares outstanding, end of period			332,696
Total return based on NAV ⁽²⁾⁽³⁾			2.44	%
Ratio/Supplemental data:
Net assets applicable to common shares, end of period		$	203,729
Ratio of net expenses including waivers applicable to common shares ⁽⁴⁾			5.07	%
Ratio of net investment income to average net assets applicable to common shares ⁽⁴⁾			7.34	%
Portfolio turnover rate applicable to common shares ⁽⁵⁾			14.82	%
Average debt outstanding		$	53,455
Weighted average debt per common share		$	2.58

(1)	The per share data was derived by using the shares of Common Stock outstanding during the period.

(2)

Total return is calculated as the change in NAV per share applicable to common shares during the period, plus distributions per share, if any, divided by the beginning NAV per share applicable to common shares. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at the quarter end NAV per share applicable to common shares preceding the distribution. Return calculations are not annualized.

(3)

Includes the impact of different amounts used in calculating per share data as a result of calculating certain per share data based on weighted average shares outstanding for common shares during the period and certain per share data based on shares outstanding as of a period end or transaction date. Total return is not annualized and does not reflect any impact of time, which for the current reporting period represented only 181 days.

(4)	Ratios are annualized, excluding one-time costs, which were not annualized. Net investment income in calculation is reduced by the preferred dividends amount payable.

(5)	Portfolio turnover rate is calculated using the lesser of year-to-date sales or year-to-date purchases over the average of the invested assets at fair value for the periods reported. Ratio is not annualized.