Fair value is determined by or under the direction of our Board of Directors. Unless otherwise indicated by endnote 42 below, all of our investments are valued using significant unobservable inputs. In accordance with ASC 820, such investments are classified as Level 3 within the fair value hierarchy. See Notes 2 and 3 within the accompanying notes to consolidated financial statements for further discussion.

[2]

[3]

Equity, unless specifically stated otherwise, includes our investments in preferred stock, common stock, membership interests, net profits interests, net operating income interests, net revenue interests, overriding royalty interests, escrows receivable, and warrants.

[4]

[5]

As defined in the 1940 Act, we are deemed to “Control” these portfolio companies because we own more than 25% of the portfolio company’s outstanding voting securities. Transactions during the three months ended September 30, 2026 with these controlled investments were as follows:


Controlled Companies	Fair Value at June 30, 2026		Gross Additions (Cost)(A)		Gross Reductions (Cost) (B)		Net unrealized gains (losses)		Fair Value at September 30, 2026			Interest income		Dividend income		Other income		Net realized gains (losses)
Belnick, LLC	$	108,565	$	2,207	$	—	$	(6,541)	$	104,231		$	3,079	$	—	$	13	$	—
CP Energy Services Inc.	82,823		4,693		—		(1,152)		86,364			3,596		—		—		—
CP Energy - Spartan Energy Services, LLC	58,456		483		—		2,802		61,741			1,884		—		—		—
Credit Central Loan Company, LLC	56,537		1,398		—		(3,822)		54,113			1,371		—		—		—
Echelon Transportation, LLC	—		—		—		—		—			—		—		—		—
First Tower Finance Company LLC	960,778		9,366		—		13,756		983,900			18,824		—		3,079		—
Freedom Marine Solutions, LLC	12,077		—		—		(69)		12,008			—		—		—		—
InterDent, Inc.	340,451		8,414		—		(17,103)		331,762			11,379		—		—		—
Kickapoo Ranch Pet Resort	3,828		—		—		572		4,400			20		—		—		—
MITY, Inc.	82,436		2,015		—		(5,747)		78,704			2,321		—		50		6
National Property REIT Corp.	1,081,596		15,017		—		(25,506)		1,071,107			8,998		—		—		—
Nationwide Loan Company LLC	31,732		282		—		(1,996)		30,018			281		—		—		—
NMMB, Inc.	79,804		—		—		4,403		84,207			949		1,351		—		(1,351)
Pacific World Corporation	112,412		2,094		—		(1,504)		113,002			2,499		—		—		—
QC Holdings TopCo, LLC	100,106		3,430		—		(7,057)		96,479			3,482		—		—		—
R-V Industries, Inc.	98,475		—		—		1,602		100,077			1,828		—		—		—
Strategic Chemical Solutions Corp.	9,375		564		—		(1,364)		8,575			733		—		—		—
Universal Turbine Parts, LLC	124,259		2,148		(63)		1,360		127,704			1,493		2,148		—		—
Valley Electric Company, Inc.	293,854		—		(95,912)		(197,942)		—			2,515		(1,083)		9,840		132,904
Victor Technology, LLC (C)	6,710		—		(75)		5,691		12,326		(C)	313		—		6		—
Total	$	3,644,274	$	52,111	$	(96,050)	$	(239,617)	$	3,360,718		$	65,565	$	2,416	$	12,988	$	131,559

(A) Gross additions include increases in the cost basis of the investments resulting from new portfolio investments, OID accretion and PIK interest, and any transfer of investments.

(B) Gross reductions include decreases in the cost basis of investments resulting from principal collections related to investments repayments or sales, impairments, and any transfer of investments.

(C) Victor Technology LLC, was transferred to a control investment during the quarter-ended March 31, 2026 (see Note 14). Income recognized prior to the reclassification date is reflected as income from non-control/non-affiliate investments on our Consolidated Statement of Operations.

[6]

As defined in the 1940 Act, we are deemed to “Control” these portfolio companies because we own more than 25% of the portfolio company’s outstanding voting securities. Transactions during the year ended June 30, 2026, with these controlled investments were as follows:


Controlled Companies	Fair Value at June 30, 2025		Gross Additions (Cost)(A)		Gross Reductions (Cost)(B)		Net unrealized gains (losses)		Fair Value at June 30, 2026			Interest income		Dividend income		Other income		Net realized gains (losses)
Belnick, LLC (d/b/a The Ubique Group)	$	51,166	$	11,505	$	—	$	45,894	$	108,565		$	11,508	$	—	$	50	$	—
CP Energy Services Inc.	85,359		10,853		—		(13,389)		82,823			13,355		—		—		—
CP Energy - Spartan Energy Services, LLC	36,830		9,952		—		11,674		58,456			6,898		—		—		—
Credit Central Loan Company, LLC	78,736		2,714		—		(24,913)		56,537			6,355		—		—		—
Echelon Transportation, LLC	65,653		—		(110,320)		44,667		—			1,297		—		—		(52,334)
First Tower Finance Company LLC	760,518		10,959		(2,867)		192,168		960,778			71,975		—		328		—
Freedom Marine Solutions, LLC	11,660		850		—		(433)		12,077			—		—		—		—
InterDent, Inc.	338,781		35,916		—		(34,246)		340,451			42,685		—		—		—
Kickapoo Ranch Pet Resort	3,917		—		—		(89)		3,828			81		—		—		—
MITY, Inc.	94,418		7,123		—		(19,105)		82,436			9,590		—		178		19
National Property REIT Corp.	1,300,972		47,564		(73,323)		(193,617)		1,081,596			60,395		—		—		—
Nationwide Loan Company LLC	36,780		1,049		—		(6,097)		31,732			1,049		—		—		—
NMMB, Inc.	72,207		—		—		7,597		79,804			3,820		2,112		—		2,108
Pacific World Corporation	107,970		24,826		—		(20,384)		112,412			9,775		—		418		—
QC Holdings TopCo, LLC	77,286		6,805		—		16,015		100,106			13,767		—		—		—
R-V Industries, Inc.	105,577		14,000		—		(21,102)		98,475			6,333		13,288		—		—
Strategic Chemical Solutions Corp. (f/k/a USES Corp.)	14,518		1,405		(66,219)		59,671		9,375			2,826		—		6		(66,219)
Universal Turbine Parts, LLC	102,728		6,179		(248)		15,600		124,259			6,043		6,179		—		—
Valley Electric Company, Inc.	351,291		—		—		(57,437)		293,854			12,538		10,924		666		—
Victor Technology, LLC (C)	—		12,950		(300)		(5,940)		6,710		(C)	619		—		13		—
Total	$	3,696,367	$	204,650	$	(253,277)	$	(3,466)	$	3,644,274		$	280,909	$	32,503	$	1,659	$	(116,426)

(A) Gross additions include increases in the cost basis of the investments resulting from new portfolio investments, OID accretion and PIK interest, and any transfer of investments.

(B) Gross reductions include decreases in the cost basis of investments resulting from principal collections related to investments repayments or sales, impairments, and any transfer of investments.

[7]

As defined in the 1940 Act, we are deemed to be an “Affiliated company” of these portfolio companies because we own more than 5% of the portfolio company’s outstanding voting securities. Transactions during the three months ended September 30, 2026 with these affiliated investments were as follows:


Affiliated Companies	Fair Value at June 30, 2026		Gross Additions (Cost)(A)		Gross Reductions (Cost)(B)		Net unrealized gains (losses)		Fair Value at September 30, 2026		Interest income		Dividend income		Other income		Net realized gains (losses)

Nixon, Inc.	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
RGIS Services, LLC	30,447		—		—		(8,419)		22,028		—		—		—		—
Total	$	30,447	$	—	$	—	$	(8,419)	$	22,028	$	—	$	—	$	—	$	—

(A) Gross additions include increases in the cost basis of the investments resulting from new portfolio investments, PIK interest, and any transfer of investments.

(B) Gross reductions include decreases in the cost basis of investments resulting from principal collections related to investments repayments or sales, impairments, and any transfer of investments.

[8]

As defined in the 1940 Act, we are deemed to be an “Affiliated company” of these portfolio companies because we own more than 5% of the portfolio company’s outstanding voting securities. Transactions during the year ended June 30, 2026 with these affiliated investments were as follows:


Affiliated Companies	Fair Value at June 30, 2025		Gross Additions (Cost)(A)		Gross Reductions (Cost)(B)		Net unrealized gains (losses)		Fair Value at June 30, 2026		Interest income		Dividend income		Other income		Net realized gains (losses)

Nixon, Inc.	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
RGIS Services, LLC	27,057		1,099		—		2,291		30,447		—		1,612		—		—
Total	$	27,057	$	1,099	$	—	$	2,291	$	30,447	$	—	$	1,612	$	—	$	—

(A) Gross additions include increases in the cost basis of the investments resulting from new portfolio investments, PIK interest, and any transfer of investments.

(B) Gross reductions include decreases in the cost basis of investments resulting from principal collections related to investments repayments or sales, impairments, and any transfer of investments.

[9]

Our SSN investments do not have industry concentrations and as such have been separated in the tables above.

[10]

Our SSN investments do not have industry concentrations and as such have been separated in the tables above.