Net Assets (Tables)
|
9 Months Ended |
Sep. 30, 2026 |
|---|
| Net Assets |
|
| Schedule of Net Assets |
The following table summarizes transactions in Shares for the three and nine months ended September 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months Ended September 30, |
|
|
|
2026 |
|
|
2025 |
|
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
Shares |
|
|
|
|
|
|
|
|
|
|
|
|
Subscriptions |
|
|
194,814 |
|
|
$ |
6,742,500 |
|
|
|
333,797 |
|
|
$ |
11,068,699 |
|
Repurchase of shares |
|
|
(105,319 |
) |
|
|
(3,664,041 |
) |
|
|
— |
|
|
|
— |
|
Early repurchase deduction |
|
|
— |
|
|
|
2,675 |
|
|
|
— |
|
|
|
— |
|
Net increase (decrease) |
|
|
89,495 |
|
|
$ |
3,081,134 |
|
|
|
333,797 |
|
|
$ |
11,068,699 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Nine Months Ended September 30, |
|
|
|
2026 |
|
|
2025 |
|
|
|
Shares |
|
|
Amount |
|
|
Shares |
|
|
Amount |
|
Shares |
|
|
|
|
|
|
|
|
|
|
|
|
Subscriptions |
|
|
747,376 |
|
|
$ |
25,608,622 |
|
|
|
834,999 |
|
|
$ |
26,260,199 |
|
Repurchase of shares |
|
|
(105,319 |
) |
|
|
(3,664,041 |
) |
|
|
— |
|
|
|
— |
|
Early repurchase deduction |
|
|
— |
|
|
|
2,675 |
|
|
|
— |
|
|
|
— |
|
Net increase (decrease) |
|
|
642,057 |
|
|
$ |
21,947,256 |
|
|
|
834,999 |
|
|
$ |
26,260,199 |
|
|
| Schedule of Net Asset Value Per Share |
The following table summarizes each NAV per Share as of the dates listed below:
|
|
|
|
|
As of |
|
NAV Per Share |
|
July 12, 2023 |
|
$ |
25.00 |
|
August 24, 2023 |
|
$ |
25.00 |
|
September 30, 2023 |
|
$ |
25.58 |
|
December 31, 2023 |
|
$ |
26.42 |
|
March 31, 2024 |
|
$ |
27.30 |
|
June 30, 2024 |
|
$ |
28.60 |
|
September 30, 2024 |
|
$ |
29.54 |
|
December 31, 2024 |
|
$ |
29.83 |
|
March 31, 2025 |
|
$ |
31.13 |
|
June 30, 2025 |
|
$ |
33.16 |
|
September 30, 2025 |
|
$ |
33.61 |
|
December 31, 2025 |
|
$ |
34.51 |
|
March 31, 2026 |
|
$ |
33.36 |
|
June 30, 2026 |
|
$ |
34.61 |
|
September 30, 2026 |
|
$ |
34.79 |
|
|
| Shedule of Dividend Declaration |
The following tables summarize distributions declared by the Company during the three and nine months ended September 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Declaration Date |
|
Type |
|
Record Date |
|
Payment Date |
|
Per Share Amount |
|
|
Distribution Paid |
|
March 30, 2026 |
|
Quarterly |
|
March 31, 2026 |
|
April 16, 2026 |
|
$ |
0.0166 |
|
|
$ |
78,695 |
|
June 29, 2026 |
|
Quarterly |
|
June 30, 2026 |
|
July 15, 2026 |
|
$ |
0.0162 |
|
|
$ |
79,656 |
|
September 29, 2026 |
|
Quarterly |
|
September 29, 2026 |
|
October 15, 2026 |
|
$ |
0.0157 |
|
|
$ |
80,256 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Declaration Date |
|
Type |
|
Record Date |
|
Payment Date |
|
Per Share Amount |
|
|
Distribution Paid |
|
June 27, 2025 |
|
Quarterly |
|
June 30, 2025 |
|
July 16, 2025 |
|
$ |
0.02 |
|
|
$ |
73,252 |
|
September 25, 2025 |
|
Quarterly |
|
September 30, 2025 |
|
October 16, 2025 |
|
$ |
0.02 |
|
|
$ |
79,928 |
|
|
| Schedule of Share Repurchases |
The following table presents the share repurchases completed during the three and nine months ended September 30, 2026:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tender Offer Commencement Date |
|
Tender Offer Expiration Date |
|
Total Number of Shares the Company Offered to Repurchase |
|
|
Total Number of Shares Repurchased |
|
|
Percentage of Outstanding Shares Repurchased1 |
|
Price Paid Per Share |
|
|
Repurchase Pricing Date |
|
Amount Repurchased2 |
|
|
Maximum Number of Shares That May Yet Be Purchased Under the Repurchase Program3 |
|
July 20, 2026 |
|
August 14, 2026 |
|
|
245,851 |
|
|
|
105,319 |
|
|
2.14% |
|
$ |
34.79 |
|
|
September 30, 2026 |
|
$ |
3,661,366 |
|
|
|
— |
|
1.Percentage is based on total shares outstanding as of the close of the previous calendar quarter. 2.Amount shown is net of Early Repurchase Deduction. 3.All repurchase requests were satisfied in full. There were no share repurchases completed during the three and nine months ended September 30, 2025.
|