v3.26.1
Tax Information (Tables)
 6 Months Ended
Jun. 30, 2026
Tax Information  
Schedule of unrealized appreciation and depreciation on its investments
          
   June 30, 2026   December 31, 2025 
Tax Cost  $525,753   $456,637 
Gross unrealized appreciation   713    2,886 
Gross unrealized depreciation   (5,895)    (1,177)
Net unrealized investment appreciation  $(5,182)   $1,709 
Schedule of provision for income tax
          
   June 30, 2026   June 30, 2025 
Current Tax Expense (Benefit)          
Federal  $167   $1,997 
State   1,759    — 
Total Current Tax Expense (Benefit)  $1,926   $1,997 
           
Deferred Tax Expense (Benefit)          
Federal  $—   $— 
State   —    — 
Total Deferred Tax Expense (Benefit)  $—   $— 
Schedule of deferred tax expense benefits
          
   June 30, 2026   December 31, 2025 
Deferred Income Tax Liabilities:          
Unrealized Gain on Investments  $—   $(357)
Subtotal Deferred Income Tax Liabilities  $—   $(357)
           
Deferred Income Tax Assets:          
Capitalized Organization Costs  $—   $92 
Subtotal Deferred Income Tax Assets  $—   $92 
           
Total Net Deferred Income Tax Asset (Liability)  $—   $(265)
Schedule of federal statutory rates
          
   June 30, 2026 
   Amount   Percent 
U.S. Federal Income Tax Expense At Statutory Rate  $—    —% 
U.S. state income taxes (1)   —    — 
Non-Taxable Or Non-Deductible Items          
Other   1,926    31% 
Total Current Tax Expense (Benefit)  $1,926    31% 

 

   June 30, 2025 
   Amount   Percent 
U.S. Federal Income Tax Expense At Statutory Rate  $1,997    21% 
U.S. state income taxes (1)   —    — 
Non-Taxable Or Non-Deductible Items          
Other   —    —% 
Total Current Tax Expense (Benefit)  $1,997    21% 
Schedule of income tax paid by jurisdiction
          
   June 30, 2026   June 30, 2025 
U.S. Federal  $5,000   $2,025 
U.S. State(1)   1,759    — 
Total Income Taxes Paid  $6,759   $2,025 

 

(1)State cash tax paid is not applicable as there are no state filing requirements for the Fund as of June 30, 2026, nor were any state filing requirements identified as of June 30, 2025. The above amount represents the state extensions paid in anticipation of tax year 2025 filing requirements for the Fund.