v3.26.1
Consolidated Statement of Financial Condition
Jun. 30, 2026
USD ($)
$ / shares
shares
Assets  
Non-controlled/non-affiliate company investments at fair value (amortized cost of $252,779) $ 248,446,000 [1]
Cash 169,000
Cash equivalents 4,726,000
Foreign currencies (cost of $159) 152,000
Restricted cash 2,772,000
Restricted cash equivalents 4,650,000
Restricted foreign currencies (cost of $306) 303,000
Interest receivable 1,094,000
Receivable for investments 179,000
Deferred offering costs 515,000
Unrealized appreciation on derivatives 234,000
Other assets 2,092,000
Total Assets 265,332,000
Liabilities  
Debt 142,797,000
Less unamortized debt issuance costs (800,000)
Debt less unamortized debt issuance costs 141,997,000
Interest payable 1,324,000
Distributions payable 729,000
Management and income incentive fees payable 659,000
Payable for investments purchased 197,000
Accrued trustee fees 19,000
Accounts payable and other liabilities 2,872,000
Total Liabilities 147,797,000
Commitments and Contingencies (Note 8)
Net Assets  
Common shares, par value $0.01 per share, unlimited shares authorized, 4,869,431 shares issued and outstanding as of June 30, 2026 49,000
Paid in capital in excess of par 121,423,000
Distributable earnings (losses) (3,937,000)
Total Net Assets 117,535,000
Total Liabilities and Total Net Assets $ 265,332,000
Number of common shares outstanding (in shares) | shares 4,869,431
Net asset value per common share (in dollars per share) | $ / shares $ 24.14
[1] The fair values of investments were valued using significant unobservable inputs, unless otherwise noted. See Note 6. The fair value of loan investments may include the impact of the unfunded commitment being valued below par.