Financial Highlights

The following is a schedule of financial highlights for each of the five years ended in the period ended June 30, 2026:


	Year Ended June 30,
	2026				2025				2024				2023				2022
Per Share Data(10)
Net asset value per common share at beginning of year	$	6.56			$	8.74			$	9.24			$	10.48			$	9.81
Net investment income	0.68				0.77				1.02				1.06				0.88
Net realized and change in unrealized gains (losses)(1)	(0.40)				(1.87)				(0.42)				(1.31)				0.61
Net increase (decrease) from operations	0.28				(1.11)			(5)	0.60				(0.25)				1.49
Distributions of net investment income to preferred stockholders	(0.22)			(4)	(0.24)				(0.24)				(0.17)				(0.05)
Distributions of capital gains to preferred stockholders	—			(4)	—				—			(7)	—			(7)	(0.01)
Total distributions to preferred stockholders	(0.22)				(0.24)				(0.24)				(0.17)				(0.06)
Net increase (decrease) from operations applicable to common stockholders	0.06				(1.35)				0.36				(0.43)			(5)	1.43
Distributions of net investment income to common stockholders	(0.50)			(4)	(0.44)			(8)	(0.56)				(0.60)				(0.60)
Distributions of capital gains to common stockholders	—			(4)	—				—				(0.02)				(0.11)
Return of capital to common stockholders	(0.02)			(4)	(0.16)			(8)	(0.16)				(0.10)				(0.01)
Total distributions to common stockholders	(0.52)				(0.60)				(0.72)				(0.72)				(0.72)
Effect of other comprehensive income (9)	0.01
Common stock transactions(2)	(0.41)				(0.25)				(0.15)				(0.10)				(0.05)
Offering costs from issuance of preferred stock	—				—				—				—				(0.03)
Reclassification of preferred stock issuance costs	—				—				—				—				0.03
Net asset value per common share at end of year	$	5.71		(5)	$	6.56		(5)	$	8.74		(5)	$	9.24		(5)	$	10.48		(5)

Per share market value at end of year	$	2.31			$	3.18			$	5.53			$	6.20			$	6.99
Total return based on market value(3)	(10.73		%)		(33.71		%)		1.47		%		(1.37		%)		(8.59		%)
Total return based on net asset value(3)	6.97		%		(13.47		%)		7.61		%		(1.96		%)		17.21		%
Shares of common stock outstanding at end of year	512,746,556				455,902,826				424,846,963				404,033,549				393,164,437
Weighted average shares of common stock outstanding	479,866,265				440,314,909				412,703,365				398,514,965				390,571,648

Ratios/Supplemental Data
Net assets at end of year	$	2,928,846			$	2,988,772			$	3,711,733			$	3,732,665			$	4,119,123
Portfolio turnover rate	7.03		%		12.43		%		7.56		%		6.05		%		15.92		%
Ratio of operating expenses to average net assets applicable to common shares(6)(11)	10.55		%		11.26		%		11.84		%		11.01		%		9.00		%
Ratio of net investment income to average net assets applicable to common shares(6)	11.00		%		10.03		%		11.25		%		10.75		%		8.44		%

(1)Realized gains (losses) is inclusive of net realized losses (gains) on investments, net realized losses (gains) from extinguishment of debt, net realized gains (losses) on derivative instruments and foreign currency transactions, and net realized gains (losses) from the repurchases and redemptions of preferred stock.

(2)Common stock transactions include the effect of our issuance of common stock in public offerings (net of underwriting and offering costs), shares issued in connection with our common stock dividend reinvestment plan, and common shares issued pursuant to the Holder Optional Conversion of our 5.50% Preferred Stock and 6.50% Preferred Stock.

(3)Total return based on market value is based on the change in market price per common share between the opening 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 common share between the opening and ending net asset values per common 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.

(4)Tax character of distributions is not yet finalized for the respective fiscal period and will not be finalized until we file our tax return for our tax year ending August 31, 2026. Refer to Note 12.

(5)Does not foot due to rounding.

(6)Operating expenses for the respective fiscal periods do not reflect the effect of dividend payments to preferred shareholders.

(7)Effect is less than $0.01.

(8)The amounts reflected for the respective fiscal periods were updated based on tax information received subsequent to our Form 10-K filing for the year ended June 30, 2025. Certain reclassifications have been made in the presentation of prior period amounts. See Note 2 and Note 12 within the accompanying notes to the consolidated financial statements for further discussion.

(9)Effect of other comprehensive income is related to income/(loss) deemed attributable to instrument specific credit risk derived from changes in fair value associated with liabilities valued under the fair value option (ASC 825.)

(10)Per share data amount is based on the basic weighted average number of common shares outstanding for the year/period presented (except for dividends to stockholders which is based on actual rate per share).

(11)Absent the reimbursement of administrative expenses described in Note 13, the ratio of operating expenses to average net assets applicable to common shares would have been 11.13% for the year ended June 30, 2026.