0000950170-23-037119 | 10-Q | XBRL Viewer | Blackrock Capital Investment Corp

Investments (Tables)

6 Months Ended

Jun. 30, 2023

At June 30, 2023, investments consisted of the following:


	Cost		Fair Value
Senior secured notes	$	988,074	$	988,000
Unsecured debt		37,183,232		14,999,000
Subordinated debt		5,000,000		4,955,000
Senior secured loans:
First lien		504,569,408		497,077,006
Second/other priority lien		83,669,054		73,886,473
Total senior secured loans		588,238,462		570,963,479
Preferred stock		40,702,606		2,400,116
Common stock		10,611,548		—
Limited partnership/limited liability company interests		7,757,987		49,500
Equity warrants/options		115,348		1,482,316
Total investments	$	690,597,257	$	595,837,411

At December 31, 2022, investments consisted of the following:


	Cost		Fair Value
Senior secured notes	$	1,920,592	$	1,624,823
Unsecured debt		37,686,148		15,228,000
Subordinated debt		5,000,000		4,930,000
Senior secured loans:
First lien		455,458,846		447,490,518
Second/other priority lien		98,468,621		90,992,663
Total senior secured loans		553,927,467		538,483,181
Preferred stock		40,527,223		2,354,224
Common stock		10,611,548		—
Limited partnership/limited liability company interests		8,511,838		5,991,648
Equity warrants/options		115,348		1,877,208
Total investments	$	658,300,164	$	570,489,084

Schedule of Industry Composition of Portfolio at Fair Value

The Company generally uses GICS to classify the industries of its portfolio companies. The following table shows the industry composition of the portfolio, at fair value, at June 30, 2023 and December 31, 2022.


Industry	June 30, 2023			December 31, 2022
Software		17.2	%		15.2	%
Diversified Financial Services		14.7			14.5
Internet Software & Services		11.6			11.1
Diversified Consumer Services		7.7			8.3
Professional Services		6.9			7.2
Health Care Technology		4.3			4.4
Health Care Providers & Services		3.6			3.7
IT Services		3.4			2.5
Road & Rail		2.5			2.6
Insurance		2.5			2.5
Construction & Engineering		2.4			2.6
Containers & Packaging		2.3			2.5
Paper & Forest Products		2.2			1.7
Consumer Finance		1.9			1.3
Hotels, Restaurants & Leisure		1.9			0.9
Technology Hardware, Storage & Peripherals		1.8			1.8
Specialty Retail		1.8			1.9
Textiles, Apparel & Luxury Goods		1.7			1.7
Commercial Services & Supplies		1.1			1.1
Media		1.1			1.0
Real Estate Management & Development		1.1			1.1
Machinery		1.0			0.9
Internet & Catalog Retail		1.0			1.0
Trading Companies & Distributors		1.0			1.0
Wireless Telecommunication Services		0.8			0.8
Leisure Products		0.4			0.5
Building Products		0.4			0.4
Automobiles		0.4			0.4
Life Sciences Tools & Services		0.4			0.4
Semiconductors & Semiconductor Equipment		0.4			0.4
Distributors		0.4			0.4
Capital Markets		0.1			0.2
Health Care Equipment & Supplies		—			2.5
Household Durables		—			0.8
Metals & Mining		—			0.6
Electrical Equipment		—			0.1
Chemicals		—			—
Oil, Gas & Consumable Fuels		—			—
Totals		100.0	%		100.0	%

Schedule of Geographic Composition of Portfolio at Fair Value

The following table shows the geographic composition of the portfolio at fair value at June 30, 2023 and December 31, 2022. The geographic composition is determined by several factors including the location of the corporate headquarters and the country of registration of the portfolio company.


Geography	June 30, 2023			December 31, 2022
United States		84.4	%		85.4	%
United Kingdom		7.3			7.2
Germany		3.6			3.7
Canada		1.1			1.1
Switzerland		1.0			1.0
Netherlands		1.0			—
Slovenia		0.9			0.9
Australia		0.7			0.7
Totals		100.0	%		100.0	%

Pay vs Performance Disclosure - USD ($)	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 1,503,691	$ (2,540,160)	$ 10,021,088	$ 2,982,214

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Operating activities
Net increase (decrease) in net assets resulting from operations	$ 10,021,088	$ 2,982,214
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Net realized (gain) loss	404,104	(825,913)
Net change in unrealized (appreciation) depreciation of investments	6,948,766	11,260,316
Net change in unrealized (appreciation) depreciation on Interest Rate Swap	397,754	198,694
Interest and dividend income paid in kind	(2,235,643)	(636,237)
Net amortization of investment discounts and premiums	(1,516,503)	(1,532,581)
Amortization of deferred debt issuance costs	445,104	668,747
Changes in assets and liabilities:
Purchase of investments	(56,752,397)	(116,857,948)
Proceeds from disposition of investments	27,226,737	103,762,076
Decrease (increase) in interest, dividends and fees receivable	(744,265)	921,005
Decrease (increase) in due from broker	(82,233)	(1,097,291)
Decrease (increase) in receivable for investments sold	(24,890)	609,516
Decrease (increase) in prepaid expenses and other assets	106,979	409,973
Increase (decrease) in payable for investments purchased	(598,928)	(11,082,281)
Increase (decrease) in interest and debt related payables	959,916	137,774
Increase (decrease) in management fees payable	35,368	(175,352)
Increase (decrease) in income incentive fees payable	3,762,085	(100,659)
Increase (decrease) in accrued capital gains incentive fees	0	(1,544,569)
Increase (decrease) in Interest Rate Swap at fair value	(353,268)	0
Increase (decrease) in accrued administrative expenses	(108,845)	(84,963)
Increase (decrease) in accrued expenses and other liabilities	66,988	(88,671)
Net cash provided by (used in) operating activities	(12,042,083)	(13,076,150)
Financing activities
Repayment of 2022 Convertible Notes	0	(143,720,000)
Proceeds from issuance of 2025 Private Placement Notes	0	92,000,000
Draws on Credit Facility	50,000,000	160,000,000
Repayments of Credit Facility draws	(20,000,000)	(68,000,000)
Dividends paid to common stockholders	(14,514,382)	(14,773,242)
Repurchase of common shares	0	(2,026,688)
Payments of debt issuance costs	(569,327)	(796,172)
Net cash provided by (used in) financing activities	14,916,291	22,683,898
Net increase (decrease) in cash and cash equivalents	2,874,208	9,607,748
Cash and cash equivalents at beginning of period	9,531,190	12,750,121
Cash and cash equivalents at end of period	12,405,398	22,357,869
Supplemental cash flow information
Interest payments	8,584,893	4,330,110
Tax payments	81,001	60,464
Share issuance - conversion of 2022 Convertible Notes	$ 0	$ 30,000

Stockholders' Equity and Dividends - Schedule of Total Shares Repurchased And Amounts Paid By The Company Under The Company Repurchase Plan, Including Broker Fees (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Equity [Abstract]
Shares repurchased	0	420,083	0	526,391
Price Per Share		$ 3.78		$ 3.85
Total Cost		$ 1,586,451		$ 2,026,688

- Definition

Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References + Details

- Definition

Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References + Details

Management Fees, Incentive Fees and Other Expenses - Additional Information (Details) - USD ($)

3 Months Ended

6 Months Ended

May 02, 2020

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Dec. 31, 2022

Management Fees Incentive Fees And Other Expenses [Line Items]

Threshold percentage of management fee on net asset value

200.00%

Management fee

$ 2,221,908

$ 1,947,167

$ 4,352,380

$ 4,007,031

Incentive fees on income

1,886,182

69,343

3,762,085

88,356

Incentive fees payable based on income

7,165,434

$ 3,403,349

Incentive fees on capital gains accrued (reversal) on liquidation basis

^[1]

$ 0

$ (1,073,068)

$ 0

$ (1,544,569)

Maximum

Management Fees Incentive Fees And Other Expenses [Line Items]

Percentage of net assets attributable to common stock

7.00%

Pre-Incentive Fee Net Investment Income Less than 1.75% of Net Assets [Member]

Management Fees Incentive Fees And Other Expenses [Line Items]

Incentive fee based on income

0.00%

Quarterly percentage of net assets attributable to common stock

1.75%

Annual percentage of net assets attributable to common stock

7.00%

Pre-Incentive Fee Net Investment Income Between 1.75% to 2.12% of Net Assets [Member]

Management Fees Incentive Fees And Other Expenses [Line Items]

Incentive fee based on income

100.00%

Pre-Incentive Fee Net Investment Income Between 1.75% to 2.12% of Net Assets [Member] | Maximum

Management Fees Incentive Fees And Other Expenses [Line Items]

Quarterly percentage of net assets attributable to common stock

2.12%

Annual percentage of net assets attributable to common stock

8.48%

Pre-Incentive Fee Net Investment Income Between 1.75% to 2.12% of Net Assets [Member] | Minimum

Management Fees Incentive Fees And Other Expenses [Line Items]

Quarterly percentage of net assets attributable to common stock

1.75%

Annual percentage of net assets attributable to common stock

7.00%

Pre-Incentive Fee Net Investment Income More than 2.12% of Net Assets [Member]

Management Fees Incentive Fees And Other Expenses [Line Items]

Incentive fee based on income

17.50%

Quarterly percentage of net assets attributable to common stock

2.12%

Annual percentage of net assets attributable to common stock

8.48%

Annual Incentive Fee Based on Capital Gains

Management Fees Incentive Fees And Other Expenses [Line Items]

Incentive fee based on income

17.50%

Assets up to 200% of NAV

Management Fees Incentive Fees And Other Expenses [Line Items]

Management fee as percentage on total assets

1.50%

Assets exceeding 200% of NAV

Management Fees Incentive Fees And Other Expenses [Line Items]

Management fee as percentage on total assets

1.00%

[1]	Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).

Financial Highlights - Schedule of Financial Highlights (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Investment Company [Abstract]
Incentive fees based on income per share	$ 0.05
Incentive fees based on income, percentage	1.18%
Incentive fees on capital gains per share	$ (0.02)
Incentive fees on capital gains, percentage		(0.45%)
Declared dividends from net investment income	$ 14.5

Stockholders' Equity and Dividends (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Declared Dividends to Common Stockholders

For the three and six months ended June 30, 2023 and 2022, declared dividends to common stockholders were as follows:


Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
February 28, 2023	March 16, 2023	April 6, 2023	Regular	$	0.10	$	7,257,191	$	768,930
April 26, 2023	June 15, 2023	July 6, 2023	Regular		0.10		7,257,191		737,537
Total				$	0.20	$	14,514,382	$	1,506,467


Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
March 1, 2022	March 17, 2022	April 7, 2022	Regular	$	0.10	$	7,380,270	$	698,261
April 27, 2022	June 16, 2022	July 7, 2022	Regular		0.10		7,363,184		744,840
Total				$	0.20	$	14,743,454	$	1,443,101

(1)

The Company has adopted a dividend reinvestment plan that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash.

(2)

Dividends reinvested through purchase of shares in the open market.

Schedule of Total Shares Repurchased And Amounts Paid By The Company Under The Company Repurchase Plan, Including Broker Fees

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the three and six months ended June 30, 2022:


June 30, 2022	Shares Repurchased		Price Per Share		Total Cost
Three Months Ended		420,083	$	3.78	$	1,586,451
Six Months Ended		526,391		3.85		2,026,688

Summary of Significant Accounting Policies - Schedule of Unobservable Inputs Used in Fair Value Measurement of Level 3 Investments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 595,837,411	$ 570,489,084
Bank Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	570,963,479	538,483,181
Other Corporate Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	20,942,000	21,782,823
Equity Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	3,931,932	10,223,080
Level 3
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 560,181,319	526,938,781
Level 3 \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.00%
Level 3 \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	100.00%
Level 3 \| Bank Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 535,307,387	494,932,878
Level 3 \| Bank Debt \| Income Approach \| Discount Rate
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 505,516,761	$ 450,067,848
Concluded Value	13.50%	13.30%
Level 3 \| Bank Debt \| Income Approach \| Discount Rate \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.00%	12.90%
Level 3 \| Bank Debt \| Income Approach \| Discount Rate \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.80%	13.70%
Level 3 \| Bank Debt \| Market Quotations \| Indicative Bid/Ask Quotes
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 26,825,380
Weighted Average Range	1.00%
Concluded Value	1.00%
Level 3 \| Bank Debt \| Market Comparable Companies \| Revenue Multiple
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 1,189,932
Concluded Value	0.006
Level 3 \| Bank Debt \| Market Comparable Companies \| Revenue Multiple \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.005
Level 3 \| Bank Debt \| Market Comparable Companies \| Revenue Multiple \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.007
Level 3 \| Bank Debt \| Option Pricing Model \| Implied Volatility
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 1,775,314	$ 1,762,833
Concluded Value	65.00%	65.00%
Level 3 \| Bank Debt \| Option Pricing Model \| Implied Volatility \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	60.00%	60.00%
Level 3 \| Bank Debt \| Option Pricing Model \| Implied Volatility \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	70.00%	70.00%
Level 3 \| Bank Debt \| Option Pricing Model \| Term
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	1 year 9 months 18 days	2 years 3 months 18 days
Level 3 \| Bank Debt \| Option Pricing Model \| Term \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	1 year 3 months 18 days	1 year 9 months 18 days
Level 3 \| Bank Debt \| Option Pricing Model \| Term \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	2 years 3 months 18 days	2 years 9 months 18 days
Level 3 \| Bank Debt \| Option Pricing Model \| EBITDA Multiples
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Concluded Value	0.02
Level 3 \| Bank Debt \| Option Pricing Model \| EBITDA Multiples \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	1.80%
Level 3 \| Bank Debt \| Option Pricing Model \| EBITDA Multiples \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	2.30%
Level 3 \| Other Corporate Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 20,942,000	$ 21,782,823
Level 3 \| Other Corporate Debt \| Income Approach \| Discount Rate
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 20,942,000	$ 21,074,000
Concluded Value		14.30%
Concluded Value	0.144
Level 3 \| Other Corporate Debt \| Income Approach \| Discount Rate \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.80%	13.60%
Level 3 \| Other Corporate Debt \| Income Approach \| Discount Rate \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	15.30%	15.10%
Level 3 \| Other Corporate Debt \| Market Comparable Companies \| Revenue Multiple
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value		$ 708,823
Concluded Value		0.2
Level 3 \| Other Corporate Debt \| Market Comparable Companies \| Revenue Multiple \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		0.1
Level 3 \| Other Corporate Debt \| Market Comparable Companies \| Revenue Multiple \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		0.2
Level 3 \| Equity Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 3,931,932	$ 10,223,080
Level 3 \| Equity Securities \| Income Approach \| Discount Rate
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 2,400,116	$ 3,972,472
Concluded Value		24.60%
Concluded Value	0.136
Level 3 \| Equity Securities \| Income Approach \| Discount Rate \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.40%	20.30%
Level 3 \| Equity Securities \| Income Approach \| Discount Rate \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.90%	32.80%
Level 3 \| Equity Securities \| Market Quotations \| Indicative Bid/Ask Quotes
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value		$ 43,102,197
Weighted Average Range		1
Concluded Value		1
Level 3 \| Equity Securities \| Market Comparable Companies \| Revenue Multiple
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 132,148	$ 290,704
Concluded Value	0.025	2.2
Level 3 \| Equity Securities \| Market Comparable Companies \| Revenue Multiple \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	2.30%
Weighted Average Range		2.1
Level 3 \| Equity Securities \| Market Comparable Companies \| Revenue Multiple \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	2.60%
Weighted Average Range		2.3
Level 3 \| Equity Securities \| Market Comparable Companies \| EBITDA Multiples
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value		$ 4,373,400
Concluded Value		6.3
Level 3 \| Equity Securities \| Market Comparable Companies \| EBITDA Multiples \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		5.8
Level 3 \| Equity Securities \| Market Comparable Companies \| EBITDA Multiples \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		6.8
Level 3 \| Equity Securities \| Option Pricing Model \| EBITDA/Revenue Multiples
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 1,399,668	$ 1,586,504
Concluded Value	0.027	3.8
Level 3 \| Equity Securities \| Option Pricing Model \| EBITDA/Revenue Multiples \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.024	3.6
Level 3 \| Equity Securities \| Option Pricing Model \| EBITDA/Revenue Multiples \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.029	3.9
Level 3 \| Equity Securities \| Option Pricing Model \| Implied Volatility
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Concluded Value		63.20%
Concluded Value	0.628
Level 3 \| Equity Securities \| Option Pricing Model \| Implied Volatility \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	57.80%	58.20%
Level 3 \| Equity Securities \| Option Pricing Model \| Implied Volatility \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	67.80%	68.20%
Level 3 \| Equity Securities \| Option Pricing Model \| Term
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	2 years	2 years 4 months 24 days
Level 3 \| Equity Securities \| Option Pricing Model \| Term \| Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	1 year 6 months	1 year 9 months 18 days
Level 3 \| Equity Securities \| Option Pricing Model \| Term \| Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	2 years 6 months	2 years 10 months 24 days

N-2 - $ / shares

3 Months Ended

6 Months Ended

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Jun. 30, 2023

Cover [Abstract]

Entity Central Index Key

0001326003

Amendment Flag

false

Securities Act File Number

814-00712

Document Type

10-Q

Entity Registrant Name

BLACKROCK CAPITAL INVESTMENT CORPORATION

Entity Address, Address Line One

50 Hudson Yards

Entity Address, City or Town

New York

Entity Address, State or Province

Entity Address, Postal Zip Code

10001

City Area Code

212

Local Phone Number

810-5800

Entity Emerging Growth Company

false

General Description of Registrant [Abstract]

Investment Objectives and Practices [Text Block]

We were incorporated in Delaware on April 13, 2005 and commenced operations with private funding on July 25, 2005, and completed our initial public offering on July 2, 2007. Our investment objective is to generate both current income and capital appreciation through debt and equity investments. We invest primarily in middle-market companies in the form of senior debt securities and loans, and our investment portfolio may include junior secured and unsecured debt securities and loans, each of which may include an equity component.

Risk Factors [Table Text Block]

Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the risk factor discussed below and the risk factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Annual Report”), which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report and discussed below are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, Federal Deposit Insurance Corporation ("FDIC"), Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, in response to the rapidly declining financial condition of regional banks Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”), the California Department of Financial Protection and Innovation (the “CDFPI”) and the New York State Department of Financial Services (the “NYSDFS”) closed SVB and Signature on March 10, 2023 and March 12, 2023, respectively, and the FDIC was appointed as receiver for SVB and Signature. Although the U.S. Department of the Treasury, the Federal Reserve and the FDIC have taken measures to stabilize the financial system, uncertainty and liquidity concerns in the broader financial services industry remain. Additionally, should there be additional systemic pressure on the financial system and capital markets, we cannot assure you of the response of any government or regulator, and any response may not be as favorable to industry participants as the measures currently being pursued. In addition, highly publicized issues related to the U.S. and global capital markets in the past have led to significant and widespread investor concerns over the integrity of the capital markets. The current situation related to SVB and Signature could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from the Advisor.

Share Price [Table Text Block]

Price Range of Common Stock

Our common stock began trading on June 27, 2007 and is currently traded on The NASDAQ Global Select Market under the symbol “BKCC”. The following table lists the high and low closing sale price for our common stock, the closing sale price as a percentage of net asset value, or NAV, and quarterly dividends per share in each fiscal quarter to date for the year ended December 31, 2023, the year ended December 31, 2022 and the year ended December 31, 2021. On June 30, 2023, the reported closing price of our common stock was $3.28 per share.


			Stock Price				Premium/(Discount) of			Premium/(Discount) of
	NAV(1)		High(2)		Low(2)		High Sales Price to NAV(3)			Low Sales Price to NAV(3)			Declared Dividends
Fiscal Year ended December 31, 2023
First Quarter	$	4.41	$	3.81	$	3.30		(14	)%		(25	)%	$	0.10
Second Quarter	$	4.33	$	3.59	$	3.05		(17	)%		(30	)%	$	0.10
Fiscal Year ended December 31, 2022
First Quarter	$	4.70	$	4.25	$	4.00		(10	)%		(15	)%	$	0.10
Second Quarter	$	4.57	$	4.34	$	3.46		(5	)%		(24	)%	$	0.10
Third Quarter	$	4.56	$	4.02	$	3.38		(12	)%		(26	)%	$	0.10
Fourth Quarter	$	4.39	$	3.90	$	3.42		(11	)%		(22	)%	$	0.10
Fiscal Year ended December 31, 2021
First Quarter	$	4.35	$	3.68	$	2.65		(15	)%		(39	)%	$	0.10
Second Quarter	$	4.68	$	4.43	$	3.48		(5	)%		(26	)%	$	0.10
Third Quarter	$	4.74	$	4.24	$	3.81		(11	)%		(20	)%	$	0.10
Fourth Quarter	$	4.73	$	4.35	$	3.80		(8	)%		(20	)%	$	0.10

(1)

NAV per share is determined as of the last day in the relevant quarter and therefore may not reflect the NAV per share on the date of the high and low sales prices. The NAVs shown are based on outstanding shares at the end of each period.

(2)

The High/Low Stock Price is calculated as of the closing price on a given day in the applicable quarter.

(3)

Calculated as the respective High/Low Stock Price minus the quarter end NAV, divided by the quarter end NAV.

Lowest Price or Bid

$ 3.05

$ 3.3

$ 3.42

$ 3.38

$ 3.46

$ 4

$ 3.8

$ 3.81

$ 3.48

$ 2.65

Highest Price or Bid

$ 3.59

$ 3.81

$ 3.9

$ 4.02

$ 4.34

$ 4.25

$ 4.35

$ 4.24

$ 4.43

$ 3.68

Highest Price or Bid, Premium (Discount) to NAV [Percent]

(17.00%)

(14.00%)

(11.00%)

(12.00%)

(5.00%)

(10.00%)

(8.00%)

(11.00%)

(5.00%)

(15.00%)

Lowest Price or Bid, Premium (Discount) to NAV [Percent]

(30.00%)

(25.00%)

(22.00%)

(26.00%)

(24.00%)

(15.00%)

(20.00%)

(26.00%)

(39.00%)

Share Price

$ 3.28

NAV Per Share

$ 4.33

$ 4.41

$ 4.39

$ 4.56

$ 4.57

$ 4.7

$ 4.73

$ 4.74

$ 4.68

$ 4.35

$ 4.33

Systemic Risk [Member]

General Description of Registrant [Abstract]

Risk [Text Block]

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Commitment and Contingencies - Additional Information (Details)	Jun. 30, 2023 USD ($) Investment	Dec. 31, 2022 USD ($) Investment
Commitments and Contingencies Disclosure [Abstract]
Guarantees outstanding	$ 0	$ 0
Unfunded commitments	47,200,000	72,100,000
Fair value of unfunded commitments	$ 46,600,000	$ 70,000,000
Number of unfunded commitments portfolio companies \| Investment	49	51

Other Related Party Transactions

6 Months Ended

Jun. 30, 2023

Other Related Party Transactions

6. Other Related Party Transactions

Advisor Reimbursements

The Current Management Agreement provides that the Company will reimburse the Advisor for costs and expenses incurred by the Advisor for administrative or operating services, office space rental, office equipment and utilities allocable to the Advisor under the investment management agreement, as well as any costs and expenses incurred by the Advisor relating to any non-investment advisory, administrative or operating services- provided by the Advisor to the Company. For the three and six months ended June 30, 2023, the Company incurred $17,094 and $34,187, respectively, for its share of office space rental, which is included in investment advisor expenses on the Consolidated Statements of Operations. For the three and six months ended June 30, 2022, the Company incurred $25,819 and $51,638, respectively, for its share of office space rental, which is included in investment advisor expenses on the Consolidated Statements of Operations.

From time to time, the Advisor and its affiliates may pay third party providers for goods or services utilized by the Company. The Company will subsequently reimburse the Advisor and its affiliates for such amounts. Reimbursements to the Advisor and their affiliates for such purposes during the three and six months ended June 30, 2023 were $101,450 and $356,469, respectively. Reimbursements to the Advisor and their affiliates for such purposes during the three and six months ended June 30, 2022 were $72,211 and $161,895, respectively. As of June 30, 2023 and December 31, 2022, the Company was owed $219,335 and zero, respectively, from the Advisor for certain professional and director fees, which is included in Prepaid expenses and other assets on the Consolidated Statements of Assets and Liabilities.

No person who is an officer, director or employee of the Advisor and who serves as a director of the Company receives any compensation from the Company for such services. Directors who are not affiliated with the Advisor receive compensation for their services and reimbursement of expenses incurred to attend meetings.

Administration

The Company also has entered into an administration agreement with BlackRock Financial Management, Inc. (the “Administrator”) under which the Administrator provides certain administrative services to the Company. For providing these services, facilities and personnel, the Company reimburses the Administrator for the Company’s allocable portion of overhead and other expenses incurred by the Administrator in performing its obligations under the administration agreement, including rent and the Company’s allocable portion of the cost of certain of the Company’s officers and their respective staffs. For the three and six months ended June 30, 2023, the Company incurred $288,454 and $581,088, respectively, for such administrative services expenses. For the three and six months ended June 30, 2022, the Company incurred $299,262 and $664,769, respectively, for such administrative services expenses.

Advisor Stock Transactions

At June 30, 2023 and December 31, 2022, BCIA did not own any shares of the Company. At both June 30, 2023 and December 31, 2022, other entities affiliated with the Administrator and Advisor beneficially owned less than 1% of the Company’s total shares of common stock outstanding.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

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+ Details

Consolidated Schedules of Investments (Initial Acquisition Date) (Unaudited)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Investment, Identifier [Axis]: Investment Advanced Lighting Technologies, LLC \| Senior Secured Notes \| Initial Acquisition Date 3/16/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Mar. 16, 2021
Investment, Identifier [Axis]: Investment Blackbird Holdco, Inc. (Ohio Transmission Corp.) \| Preferred Stock \| Initial Acquisition Date 12/14/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Dec. 14, 2021
Investment, Identifier [Axis]: Investment Elevate Brands Holdco Inc. \| Warrants to Purchase Common Stock \| Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Mar. 14, 2022
Investment, Identifier [Axis]: Investment Elevate Brands Holdco Inc. \| Warrants to Purchase Preferred Stock \| Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Mar. 14, 2022
Investment, Identifier [Axis]: Investment FinancialForce.com \| Warrants to Purchase Series C Preferred Stock \| Initial Acquisition Date 1/30/2019
Schedule of Investments [Line Items]
Investment, Acquisition Date		Jan. 30, 2019
Investment, Identifier [Axis]: Investment Grey Orange International Inc. \| Warrants to Purchase Common Stock \| Initial Acquisition Date 5/6/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		May 06, 2022
Investment, Identifier [Axis]: Investment MXP Prime Platform GmbH (SellerX) (Germany) \| Warrants to Purchase Preferred Series B Shares \| Initial Acquisition Date 11/23/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Nov. 23, 2021
Investment, Identifier [Axis]: Investment Marsico Holdings, LLC \| Limited Partnership/Limited Liability Company Interests \| Initial Acquisition Date 11/28/2007
Schedule of Investments [Line Items]
Investment, Acquisition Date		Nov. 28, 2007
Investment, Identifier [Axis]: Investment PerchHQ LLC \| Warrants to Purchase Common Stock \| Initial Acquisition Date 9/30/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Sep. 30, 2022
Investment, Identifier [Axis]: Investment Pico Quantitative Trading Holdings, LLC \| Warrants to Purchase Membership Units \| Initial Acquisition Date 2/7/2020
Schedule of Investments [Line Items]
Investment, Acquisition Date		Feb. 07, 2020
Investment, Identifier [Axis]: Investment Razor Group GmbH (Germany) \| Warrants to Purchase Preferred Series A1 Shares \| Initial Acquisition Date 4/28/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Apr. 28, 2021
Investment, Identifier [Axis]: Investment Razor Group GmbH (Germany) \| Warrants to Purchase Series C Shares \| Initial Acquisition Date 12/23/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Dec. 23, 2022
Investment, Identifier [Axis]: Investment Stitch Holdings, L.P. \| Limited Partnership Interests \| Initial Acquisition Date 7/30/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Jul. 30, 2021
Investment, Identifier [Axis]: Investment Worldremit Group Limited (United Kingdom) \| Warrants to Purchase Series E Stock \| Initial Acquisition Date 8/27/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Aug. 27, 2021
Investment, Identifier [Axis]: Investment \| Blackbird Holdco, Inc. (Ohio Transmission Corp.), \| Preferred Stock \| Initial Acquisition Date 12/14/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Dec. 14, 2021
Investment, Identifier [Axis]: Investment \| Elevate Brands Holdco Inc. \| Warrants to Purchase Preferred Stock \| Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Mar. 14, 2022
Investment, Identifier [Axis]: Investment \| Elevate Brands Holdco Inc., \| Warrants to Purchase Common Stock \| Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Mar. 14, 2022
Investment, Identifier [Axis]: Investment \| FinancialForce.com \| Warrants to Purchase Series C Preferred Stock \| Initial Acquisition Date 1/30/2019
Schedule of Investments [Line Items]
Investment, Acquisition Date	Jan. 30, 2019
Investment, Identifier [Axis]: Investment \| Grey Orange International Inc., \| Warrants to Purchase Common Stock \| Initial Acquisition Date 5/6/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	May 06, 2022
Investment, Identifier [Axis]: Investment \| MXP Prime Platform GmbH (SellerX) (Germany), \| Warrants to Purchase Preferred Series B Shares \| Initial Acquisition Date 11/23/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Nov. 23, 2021
Investment, Identifier [Axis]: Investment \| Marsico Holdings, LLC, \| Limited Partnership/Limited Liability Company Interests \| Initial Acquisition Date 11/28/2007
Schedule of Investments [Line Items]
Investment, Acquisition Date	Nov. 28, 2007
Investment, Identifier [Axis]: Investment \| PerchHQ LLC, \| Warrants to Purchase Common Stock \| Initial Acquisition Date 9/30/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Sep. 30, 2022
Investment, Identifier [Axis]: Investment \| Pico Quantitative Trading Holdings, LLC, \| Warrants to Purchase Membership Units \| Initial Acquisition Date 2/7/2020
Schedule of Investments [Line Items]
Investment, Acquisition Date	Feb. 07, 2020
Investment, Identifier [Axis]: Investment \| Razor Group GmbH (Germany), \| Warrants to Purchase Preferred Series A1 Shares \| Initial Acquisition Date 4/28/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Apr. 28, 2021
Investment, Identifier [Axis]: Investment \| Razor Group GmbH (Germany), \| Warrants to Purchase Series C Shares \| Initial Acquisition Date 12/23/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Dec. 23, 2022
Investment, Identifier [Axis]: Investment \| Stitch Holdings, L.P. \| Limited Partnership Interests \| Initial Acquisition Date 7/30/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Jul. 30, 2021
Investment, Identifier [Axis]: Investment \| SuCo Investors, LP (Suited Connector) \| Warrants to Purchase Class A Units \| Initial Acquisition Date 3/6/2023
Schedule of Investments [Line Items]
Investment, Acquisition Date	Mar. 06, 2023
Investment, Identifier [Axis]: Investment \| Worldremit Group Limited (United Kingdom) \| Warrants to Purchase Series D Stock \| Initial Acquisition Date 2/11/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Feb. 11, 2021	Feb. 11, 2021
Investment, Identifier [Axis]: Investment \| Worldremit Group Limited (United Kingdom) \| Warrants to Purchase Series E Stock \| Initial Acquisition Date 8/27/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Aug. 27, 2021

Investments - Schedule of Investments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Investments, Cost	$ 690,597,257	$ 658,300,164
Investments, Fair Value	595,837,411	570,489,084
Senior Secured Notes
Schedule Of Investments [Line Items]
Investments, Cost	988,074	1,920,592
Investments, Fair Value	988,000	1,624,823
Unsecured Debt
Schedule Of Investments [Line Items]
Investments, Cost	37,183,232	37,686,148
Investments, Fair Value	14,999,000	15,228,000
Subordinated Debt
Schedule Of Investments [Line Items]
Investments, Cost	5,000,000	5,000,000
Investments, Fair Value	4,955,000	4,930,000
Senior Secured Loan, First Lien
Schedule Of Investments [Line Items]
Investments, Cost	504,569,408	455,458,846
Investments, Fair Value	497,077,006	447,490,518
Senior Secured Loan, Second/Other Priority Lien
Schedule Of Investments [Line Items]
Investments, Cost	83,669,054	98,468,621
Investments, Fair Value	73,886,473	90,992,663
Total Senior Secured Loans
Schedule Of Investments [Line Items]
Investments, Cost	588,238,462	553,927,467
Investments, Fair Value	570,963,479	538,483,181
Preferred Stock
Schedule Of Investments [Line Items]
Investments, Cost	40,702,606	40,527,223
Investments, Fair Value	2,400,116	2,354,224
Common Stock
Schedule Of Investments [Line Items]
Investments, Cost	10,611,548	10,611,548
Investments, Fair Value	0	0
Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Investments, Cost	7,757,987	8,511,838
Investments, Fair Value	49,500	5,991,648
Equity Warrants/Options
Schedule Of Investments [Line Items]
Investments, Cost	115,348	115,348
Investments, Fair Value	$ 1,482,316	$ 1,877,208

Debt - Schedule of Total Expenses Related to Debt (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Debt Disclosure [Abstract]
Stated interest expense	$ 5,136,153	$ 2,322,209	$ 9,546,288	$ 4,489,106
Amortization of deferred debt issuance costs	249,058	325,665	445,104	668,747
Total interest expense	5,385,211	2,647,874	9,991,392	5,157,853
Commitment and credit facility fees	97,239	212,817	209,289	431,789
Total	$ 5,482,450	$ 2,860,691	$ 10,200,681	$ 5,589,642

Consolidated Schedules of Investments (Unaudited) (Parenthetical1)	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Percentage of not qualifying assets to total assets	15.80%	15.00%
Percentage of default interest	2.00%	2.00%
Total Senior Secured Loans
Schedule Of Investments [Line Items]
Percentage of fair value of loans bear interest with floor rate	94.30%	94.20%
Total Senior Secured Loans \| Floating Rate
Schedule Of Investments [Line Items]
Percentage of fair value of loans bear interest at floor rate	99.50%	99.20%
Minimum \| Total Senior Secured Loans \| Floor Rate
Schedule Of Investments [Line Items]
Interest rate, floor	0.50%	0.50%
Maximum \| Total Senior Secured Loans \| Floor Rate
Schedule Of Investments [Line Items]
Interest rate, floor	2.00%	1.80%

Other Related Party Transactions - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Investment advisor expenses	$ 17,094	$ 25,819	$ 34,187	$ 51,638
Common stock, shares issued	84,481,797		84,481,797		84,481,797
Common stock, shares outstanding	72,571,907	73,354,142	72,571,907	73,354,142	72,571,907
Investment Advisor Expenses
Related Party Transaction [Line Items]
Investment advisor expenses	$ 17,094	$ 25,819	$ 34,187	$ 51,638
BlackRock Capital Investment Advisors, LLC
Related Party Transaction [Line Items]
Common stock, shares outstanding	0		0		0
Maximum
Related Party Transaction [Line Items]
Percentage of common stock shares outstanding	1.00%		1.00%		1.00%
Related Party \| Reimbursement Expenses
Related Party Transaction [Line Items]
Operating Costs and Expenses	$ 101,450	72,211	$ 356,469	161,895
Related Party \| BlackRock Financial Management, Inc.
Related Party Transaction [Line Items]
Selling, General and Administrative Expense	288,454	$ 299,262	581,088	$ 664,769
Prepaid Expenses and Other Current Assets
Related Party Transaction [Line Items]
Professional And Director Fees	$ 219,335		$ 219,335		$ 0

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Schedule of Investments

At June 30, 2023, the Company’s investments were categorized as follows:


Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)

Includes senior secured loans.

(2)

Includes senior secured notes, unsecured debt and subordinated debt.

(3)

For example, quoted prices in inactive markets or quotes for comparable investments.

At December 31, 2022, the Company’s investments were categorized as follows:


Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)

Includes senior secured loans.

(2)

Includes senior secured notes, unsecured debt and subordinated debt.

(3)

For example, quoted prices in inactive markets or quotes for comparable investments.

Schedule of Unobservable Inputs Used in Fair Value Measurement of Level 3 Investments

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:


Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)

Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)

Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:


Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)

Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)

Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Schedule of Change in Value of Investment Over Change in Unobservable Input

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:


Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Schedule of Changes in Investments Categorized as Level 3

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Schedule of Gross Unrealized Appreciation and Depreciation Based on Cost of Investments

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:


	December 31, 2022
Tax basis of investments	$	615,741,586

Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)

Includes net unrealized depreciation on the Company's Interest Rate Swap.

Subsequent Events - Additional Information (Details) - $ / shares		6 Months Ended
	Aug. 01, 2023	Jun. 30, 2023	Jun. 30, 2022
Subsequent Event [Line Items]
Dividend declared per share		$ 0.2	$ 0.2
Subsequent Events
Subsequent Event [Line Items]
Date declared	Aug. 01, 2023
Dividend declared per share	$ 0.1
Payable date	Oct. 06, 2023
Record date	Sep. 15, 2023

Consolidated Schedules of Investments (Unaudited) - USD ($)

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Dec. 31, 2021

Schedule Of Investments [Line Items]

Cost

$ 690,597,257

$ 658,300,164

Fair Value

$ 595,837,411

$ 570,489,084

Investment, Identifier [Axis]: Cash and Cash Equivalents

Schedule Of Investments [Line Items]

Total Debt Investment

4.00%

3.00%

Fair Value

$ 12,405,398

^[1],[2],[3]

$ 9,531,190

^[4],[5]

Investment, Identifier [Axis]: Cash and Investments

Schedule Of Investments [Line Items]

Total Debt Investment

193.70%

182.10%

Fair Value

$ 608,242,809

^[1],[2],[3]

$ 580,020,274

^[4],[5]

Investment, Identifier [Axis]: Controlled Affiliate Security

Schedule Of Investments [Line Items]

Fair Value

14,999,000

^[6]

15,228,000

^[6],[7]

$ 21,927,071

^[7]

Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Common Stock

Schedule Of Investments [Line Items]

Fair Value

^[6]

^[7],[8]

^[7]

Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Preferred Stock

Schedule Of Investments [Line Items]

Fair Value

^[6]

^[7],[8]

^[7]

Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Unsecured Debt

Schedule Of Investments [Line Items]

Fair Value

$ 14,999,000

^[6]

$ 15,228,000

^[6],[7]

21,927,071

^[7]

Investment, Identifier [Axis]: Controlled Affiliated Investments

Schedule Of Investments [Line Items]

Total Debt Investment

4.80%

Investment, Identifier [Axis]: Debt Investments

Schedule Of Investments [Line Items]

Total Debt Investment

188.50%

175.90%

Cost

$ 631,409,768

^{[2],[3],[9],[10]}

$ 598,534,207

^[4],[5],[11]

Fair Value

591,905,479

^{[1],[2],[3],[9]}

560,266,004

^[4],[5],[12]

Investment, Identifier [Axis]: Debt Investments Automobiles

Schedule Of Investments [Line Items]

Cost

^{[4],[5],[11],[13]}

2,505,506

Fair Value

^{[4],[5],[12],[13]}

$ 2,535,420

Investment, Identifier [Axis]: Debt Investments | Automobiles

Schedule Of Investments [Line Items]

Cost

^{[2],[3],[9],[10]}

2,347,567

Fair Value

^{[1],[2],[3],[9]}

$ 2,347,282

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.75%

Total Coupon

^[4],[5],[13]

11.39%

Maturity

^[4],[5],[13]

Apr. 15, 2026

Principal

^[4],[5],[13]

$ 233,430

Cost

^{[4],[5],[11],[13]}

231,163

Fair Value

^{[4],[5],[12],[13]}

$ 233,430

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

12.18%

Maturity

^[2],[3],[9]

Apr. 15, 2026

Principal

^[2],[3],[9]

$ 233,430

Cost

^{[2],[3],[9],[10]}

231,528

Fair Value

^{[1],[2],[3],[9]}

$ 231,096

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.75%

Total Coupon

^[4],[5],[13]

11.45%

Maturity

^[4],[5],[13]

Apr. 15, 2026

Principal

^[4],[5],[13]

$ 2,301,990

Cost

^{[4],[5],[11],[13]}

2,274,343

Fair Value

^{[4],[5],[12],[13]}

$ 2,301,990

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

12.23%

Maturity

^[2],[3],[9]

Apr. 15, 2026

Principal

^[2],[3],[9]

$ 2,137,562

Cost

^{[2],[3],[9],[10]}

2,116,039

Fair Value

^{[1],[2],[3],[9]}

$ 2,116,186

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

5.75%

Total Coupon

^[4],[5],[13]

10.48%

Maturity

^[4],[5],[13]

Apr. 30, 2027

Principal

^[4],[5],[13]

$ 2,514,995

Cost

^{[4],[5],[11],[13]}

2,475,461

Fair Value

^{[4],[5],[12],[13]}

2,530,084

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^[2],[3],[9]

11.34%

Maturity

^[2],[3],[9]

Apr. 30, 2027

Principal

^[2],[3],[9]

$ 2,499,699

Cost

^{[2],[3],[9],[10]}

2,465,047

Fair Value

^{[1],[2],[3],[9]}

2,439,706

Investment, Identifier [Axis]: Debt Investments | Capital Markets

Schedule Of Investments [Line Items]

Cost

1,036,437

^{[2],[3],[9],[10]}

1,029,438

^{[4],[5],[11],[13]}

Fair Value

$ 1,064,728

^{[1],[2],[3],[9]}

$ 1,065,228

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.50%

Spread

^[4],[5],[13]

7.25%

Total Coupon

^[4],[5],[13]

11.61%

Maturity

^[4],[5],[13]

Feb. 07, 2025

Principal

^[4],[5],[13]

$ 560,228

Cost

^{[4],[5],[11],[13]}

540,020

Fair Value

^{[4],[5],[12],[13]}

$ 560,228

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.50%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.56%

Maturity

^[2],[3],[9]

Feb. 07, 2025

Principal

^[2],[3],[9]

$ 560,228

Cost

^{[2],[3],[9],[10]}

544,549

Fair Value

^{[1],[2],[3],[9]}

$ 560,228

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.50%

Spread

^[4],[5],[13]

7.25%

Total Coupon

^[4],[5],[13]

11.98%

Maturity

^[4],[5],[13]

Feb. 07, 2025

Principal

^[4],[5],[13]

$ 500,000

Cost

^{[4],[5],[11],[13]}

489,418

Fair Value

^{[4],[5],[12],[13]}

505,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.50%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.75%

Maturity

^[2],[3],[9]

Feb. 07, 2025

Principal

^[2],[3],[9]

$ 500,000

Cost

^{[2],[3],[9],[10]}

491,888

Fair Value

^{[1],[2],[3],[9]}

504,500

Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies

Schedule Of Investments [Line Items]

Cost

7,112,894

^{[2],[3],[9],[10]}

6,652,192

^{[4],[5],[11],[13]}

Fair Value

$ 6,775,507

^{[1],[2],[3],[9]}

$ 6,236,204

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.41%

Maturity

^[4],[5],[13]

Nov. 07, 2026

Principal

^[4],[5],[13]

$ 348,708

Cost

^{[4],[5],[11],[13]}

346,720

Fair Value

^{[4],[5],[12],[13]}

$ 313,140

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.27%

Maturity

^[2],[3],[9]

Nov. 07, 2026

Principal

^[2],[3],[9]

$ 346,911

Cost

^{[2],[3],[9],[10]}

345,363

Fair Value

^{[1],[2],[3],[9]}

$ 320,199

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.41%

Maturity

^[4],[5],[13]

Nov. 07, 2026

Principal

^[4],[5],[13]

$ 482,944

Cost

^{[4],[5],[11],[13]}

480,224

Fair Value

^{[4],[5],[12],[13]}

$ 433,684

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.27%

Maturity

^[2],[3],[9]

Nov. 07, 2026

Principal

^[2],[3],[9]

$ 480,498

Cost

^{[2],[3],[9],[10]}

478,383

Fair Value

^{[1],[2],[3],[9]}

$ 443,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.41%

Maturity

^[4],[5],[13]

Nov. 07, 2026

Principal

^[4],[5],[13]

$ 1,584,967

Cost

^{[4],[5],[11],[13]}

1,576,423

Fair Value

^{[4],[5],[12],[13]}

$ 1,423,301

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.27%

Maturity

^[2],[3],[9]

Nov. 07, 2026

Principal

^[2],[3],[9]

$ 1,576,797

Cost

^{[2],[3],[9],[10]}

1,570,202

Fair Value

^{[1],[2],[3],[9]}

$ 1,455,384

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.49%

Maturity

^{[4],[5],[13],[14]}

Aug. 23, 2028

Principal

^{[4],[5],[13],[14]}

$ 357,991

Cost

^{[4],[5],[11],[13],[14]}

342,382

Fair Value

^{[4],[5],[12],[13],[14]}

$ 335,983

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.15%

Maturity

^{[2],[3],[9],[15]}

Aug. 23, 2028

Principal

^{[2],[3],[9],[15]}

$ 743,919

Cost

^{[2],[3],[9],[10],[15]}

724,793

Fair Value

^{[1],[2],[3],[9],[15]}

$ 728,003

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

5.00%

Total Coupon

^{[2],[3],[9],[15]}

13.25%

Maturity

^{[2],[3],[9],[15]}

Aug. 23, 2027

Principal

^{[2],[3],[9],[15]}

$ 88,789

Cost

^{[2],[3],[9],[10],[15]}

84,110

Fair Value

^{[1],[2],[3],[9],[15]}

$ 85,060

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.32%

Maturity

^{[4],[5],[13],[14]}

Aug. 23, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

(5,182)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (5,128)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.32%

Maturity

^[4],[5],[13]

Aug. 23, 2028

Principal

^[4],[5],[13]

$ 1,366,200

Cost

^{[4],[5],[11],[13]}

1,333,250

Fair Value

^{[4],[5],[12],[13]}

$ 1,334,367

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.16%

Maturity

^[2],[3],[9]

Aug. 23, 2028

Principal

^[2],[3],[9]

$ 1,359,352

Cost

^{[2],[3],[9],[10]}

1,329,791

Fair Value

^{[1],[2],[3],[9]}

$ 1,336,378

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

7.25%

Total Coupon

^{[4],[5],[13],[14]}

11.98%

Maturity

^{[4],[5],[13],[14]}

Aug. 31, 2029

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(2,797)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (31,327)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

7.25%

Total Coupon

^{[2],[3],[9],[15]}

12.66%

Maturity

^{[2],[3],[9],[15]}

Aug. 31, 2029

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(2,589)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (30,432)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

7.25%

Total Coupon

^[4],[5],[13]

11.98%

Maturity

^[4],[5],[13]

Aug. 31, 2029

Principal

^[4],[5],[13]

$ 2,615,252

Cost

^{[4],[5],[11],[13]}

2,581,172

Fair Value

^{[4],[5],[12],[13]}

2,432,184

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.66%

Maturity

^[2],[3],[9]

Aug. 31, 2029

Principal

^[2],[3],[9]

$ 2,615,252

Cost

^{[2],[3],[9],[10]}

2,582,841

Fair Value

^{[1],[2],[3],[9]}

2,437,415

Investment, Identifier [Axis]: Debt Investments | Construction & Engineering

Schedule Of Investments [Line Items]

Cost

14,879,112

14,953,763

^{[4],[5],[11],[13]}

Fair Value

$ 14,545,552

$ 14,666,740

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.84%

Maturity

^{[4],[5],[13],[14]}

Mar. 31, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[12],[13],[14]}

(10,731)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (19,316)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.84%

Maturity

^{[4],[5],[13],[14]}

Mar. 31, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(10,731)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (38,632)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.50%

Maturity

^{[2],[3],[9],[15]}

Mar. 31, 2028

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(10,731)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (34,340)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.50%

Maturity

^{[2],[3],[9],[15]}

Mar. 31, 2028

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(10,731)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (17,170)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.84%

Maturity

^[4],[5],[13]

Mar. 31, 2028

Principal

^[4],[5],[13]

$ 3,275,107

Cost

^{[4],[5],[11],[13]}

3,209,605

Fair Value

^{[4],[5],[12],[13]}

$ 3,157,203

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.50%

Maturity

^[2],[3],[9]

Mar. 31, 2028

Principal

^[2],[3],[9]

$ 3,258,608

Cost

^{[2],[3],[9],[10]}

3,193,436

Fair Value

^{[1],[2],[3],[9]}

$ 3,154,332

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

5.25%

Total Coupon

^[2],[3],[9]

10.17%

Maturity

^[2],[3],[9]

Dec. 19, 2025

Principal

^[2],[3],[9]

$ 739,091

Cost

^{[2],[3],[9],[10]}

726,008

Fair Value

^{[1],[2],[3],[9]}

$ 713,223

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[16]}

1.00%

Spread

^{[2],[3],[9],[15],[16]}

6.50%

Total Coupon

^{[2],[3],[9],[15],[16]}

11.73%

Maturity

^{[2],[3],[9],[15],[16]}

Nov. 23, 2027

Principal

^{[2],[3],[9],[15],[16]}

$ 4,957,392

Cost

^{[2],[3],[9],[10],[15],[16]}

4,880,541

Fair Value

^{[1],[2],[3],[9],[15],[16]}

$ 4,744,224

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.50%

Total Coupon

^{[4],[5],[13],[14]}

11.36%

Maturity

^{[4],[5],[13],[14]}

Nov. 23, 2027

Principal

^{[4],[5],[13],[14]}

$ 4,900,908

Cost

^{[4],[5],[11],[13],[14]}

4,795,212

Fair Value

^{[4],[5],[12],[13],[14]}

$ 4,684,152

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.50%

Total Coupon

^{[4],[5],[13],[14]}

11.12%

Maturity

^{[4],[5],[13],[14]}

Nov. 23, 2027

Principal

^{[4],[5],[13],[14]}

$ 240,763

Cost

^{[4],[5],[11],[13],[14]}

224,479

Fair Value

^{[4],[5],[12],[13],[14]}

$ 201,038

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.50%

Total Coupon

^{[2],[3],[9],[15]}

11.69%

Maturity

^{[2],[3],[9],[15]}

Nov. 23, 2027

Principal

^{[2],[3],[9],[15]}

$ 963,053

Cost

^{[2],[3],[9],[10],[15]}

948,844

Fair Value

^{[1],[2],[3],[9],[15]}

$ 911,289

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.50%

Total Coupon

^{[2],[3],[9],[15]}

11.70%

Maturity

^{[2],[3],[9],[15]}

Nov. 23, 2027

Principal

^{[2],[3],[9],[15]}

$ 3,547,777

Cost

^{[2],[3],[9],[10],[15]}

3,471,905

Fair Value

^{[1],[2],[3],[9],[15]}

$ 3,395,223

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.50%

Total Coupon

^[4],[5],[13]

11.54%

Maturity

^[4],[5],[13]

Nov. 23, 2027

Principal

^[4],[5],[13]

$ 3,565,730

Cost

^{[4],[5],[11],[13]}

3,482,162

Fair Value

^{[4],[5],[12],[13]}

$ 3,448,061

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.50%

Total Coupon

^{[2],[3],[9],[15]}

11.51%

Maturity

^{[2],[3],[9],[15]}

Feb. 01, 2030

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(10,020)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (17,754)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.50%

Total Coupon

^{[2],[3],[9],[15]}

11.51%

Maturity

^{[2],[3],[9],[15]}

Feb. 01, 2029

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(7,936)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (7,101)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.51%

Maturity

^[2],[3],[9]

Feb. 01, 2030

Principal

^[2],[3],[9]

$ 1,747,309

Cost

^{[2],[3],[9],[10]}

1,697,796

Fair Value

^{[1],[2],[3],[9]}

1,703,626

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

11.15%

Maturity

^[4],[5],[13]

Jan. 13, 2026

Principal

^[4],[5],[13]

$ 832,161

Cost

^{[4],[5],[11],[13]}

821,187

Fair Value

^{[4],[5],[12],[13]}

$ 813,853

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

11.15%

Maturity

^[4],[5],[13]

Jan. 13, 2026

Principal

^[4],[5],[13]

$ 2,474,828

Cost

^{[4],[5],[11],[13]}

2,442,580

Fair Value

^{[4],[5],[12],[13]}

2,420,381

Investment, Identifier [Axis]: Debt Investments | Consumer Finance

Schedule Of Investments [Line Items]

Cost

11,380,750

^{[2],[3],[9],[10]}

7,590,711

^{[4],[5],[11],[13]}

Fair Value

$ 11,263,573

^{[1],[2],[3],[9]}

$ 7,527,989

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

9.00%

Total Coupon

^{[4],[5],[13],[14]}

13.95%

Maturity

^{[4],[5],[13],[14]}

Sep. 21, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(20,519)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (51,933)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

9.00%

Total Coupon

^{[2],[3],[9],[15]}

14.20%

Maturity

^{[2],[3],[9],[15]}

Sep. 21, 2027

Principal

^{[2],[3],[9],[15]}

$ 1,731,112

Cost

^{[2],[3],[9],[10],[15]}

1,691,402

Fair Value

^{[1],[2],[3],[9],[15]}

$ 1,661,867

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

9.00%

Total Coupon

^[4],[5],[13]

13.95%

Maturity

^[4],[5],[13]

Sep. 21, 2027

Principal

^[4],[5],[13]

$ 5,193,335

Cost

^{[4],[5],[11],[13]}

5,068,461

Fair Value

^{[4],[5],[12],[13]}

$ 5,037,535

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

9.00%

Total Coupon

^[2],[3],[9]

14.54%

Maturity

^[2],[3],[9]

Sep. 21, 2027

Principal

^[2],[3],[9]

$ 5,193,335

Cost

^{[2],[3],[9],[10]}

5,076,429

Fair Value

^{[1],[2],[3],[9]}

$ 4,985,601

Schedule Of Investments [Line Items]

1.00%

7.50%

12.39%

Mar. 30, 2029

(8,013)

$ (7,976)

Schedule Of Investments [Line Items]

1.00%

7.50%

12.39%

Mar. 30, 2029

$ 2,170,647

2,107,127

$ 2,108,350

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

8.25%

Total Coupon

^[4],[5],[13]

12.67%

Maturity

^[4],[5],[13]

Dec. 14, 2027

Principal

^[4],[5],[13]

$ 2,594,273

Cost

^{[4],[5],[11],[13]}

2,542,769

Fair Value

^{[4],[5],[12],[13]}

2,542,387

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

8.25%

Total Coupon

^[2],[3],[9]

13.45%

Maturity

^[2],[3],[9]

Dec. 14, 2027

Principal

^[2],[3],[9]

$ 2,561,844

Cost

^{[2],[3],[9],[10]}

2,513,805

Fair Value

^{[1],[2],[3],[9]}

2,515,731

Investment, Identifier [Axis]: Debt Investments | Containers & Packaging

Schedule Of Investments [Line Items]

Cost

13,976,319

^{[2],[3],[9],[10]}

13,765,427

^{[4],[5],[11],[13]}

Fair Value

$ 13,982,403

^{[1],[2],[3],[9]}

$ 13,997,622

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

7.50%

Total Coupon

^[4],[5],[13]

12.05%

Maturity

^[4],[5],[13]

Dec. 14, 2029

Principal

^[4],[5],[13]

$ 4,559,359

Cost

^{[4],[5],[11],[13]}

4,465,756

Fair Value

^{[4],[5],[12],[13]}

$ 4,226,526

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.91%

Maturity

^[2],[3],[9]

Dec. 14, 2029

Principal

^[2],[3],[9]

$ 4,559,359

Cost

^{[2],[3],[9],[10]}

4,469,953

Fair Value

^{[1],[2],[3],[9]}

$ 4,021,354

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

4.75%

Total Coupon

^[4],[5],[13]

9.48%

Maturity

^[4],[5],[13]

Aug. 02, 2024

Principal

^[4],[5],[13]

$ 10,178,225

Cost

^{[4],[5],[11],[13]}

9,299,671

Fair Value

^{[4],[5],[12],[13]}

$ 9,771,096

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

4.75%

Total Coupon

^[2],[3],[9]

10.14%

Maturity

^[2],[3],[9]

Aug. 02, 2024

Principal

^[2],[3],[9]

$ 10,125,075

Cost

^{[2],[3],[9],[10]}

9,506,366

Fair Value

^{[1],[2],[3],[9]}

$ 9,961,049

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

9.50%

Total Coupon

^[4],[5],[13]

13.91%

Maturity

^[4],[5],[13]

Jun. 30, 2026

Principal

^[4],[5],[13]

$ 2,357,384

Cost

^{[4],[5],[11],[13]}

2,322,817

Fair Value

^{[4],[5],[12],[13]}

2,185,295

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

1.00%

Interest Rate, PIK

3.00%

Interest Rate, Cash

6.50%

Total Coupon

^[2],[3],[9]

15.00%

Maturity

^[2],[3],[9]

Jun. 30, 2026

Principal

^{[2],[3],[9],[17]}

$ 2,345,472

Cost

^{[2],[3],[9],[10]}

2,315,776

Fair Value

^{[1],[2],[3],[9]}

2,108,579

Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services

Schedule Of Investments [Line Items]

Cost

48,822,495

^{[2],[3],[9],[10]}

48,353,473

^{[4],[5],[11],[13]}

Fair Value

$ 45,041,126

^{[1],[2],[3],[9]}

$ 46,025,835

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

8.50%

Total Coupon

^{[4],[5],[13],[14]}

13.23%

Maturity

^{[4],[5],[13],[14]}

Mar. 15, 2027

Principal

^{[4],[5],[13],[14]}

$ 7,900,096

Cost

^{[4],[5],[11],[13],[14]}

7,812,573

Fair Value

^{[4],[5],[12],[13],[14]}

$ 7,830,210

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

8.50%

Total Coupon

^{[2],[3],[9],[15]}

13.70%

Maturity

^{[2],[3],[9],[15]}

Mar. 15, 2027

Principal

^{[2],[3],[9],[15]}

$ 7,900,096

Cost

^{[2],[3],[9],[10],[15]}

7,824,017

Fair Value

^{[1],[2],[3],[9],[15]}

$ 7,900,095

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.25%

Total Coupon

^{[4],[5],[13],[14]}

10.78%

Maturity

^{[4],[5],[13],[14]}

Sep. 15, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(5,534)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (5,592)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.55%

Maturity

^{[2],[3],[9],[15]}

Sep. 15, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(4,957)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (2,927)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

6.25%

Total Coupon

^[4],[5],[13]

10.78%

Maturity

^[4],[5],[13]

Sep. 14, 2029

Principal

^[4],[5],[13]

$ 3,200,924

Cost

^{[4],[5],[11],[13]}

3,131,854

Fair Value

^{[4],[5],[12],[13]}

$ 3,131,144

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.55%

Maturity

^[2],[3],[9]

Sep. 14, 2029

Principal

^[2],[3],[9]

$ 3,184,919

Cost

^{[2],[3],[9],[10]}

3,120,127

Fair Value

^{[1],[2],[3],[9]}

$ 3,154,344

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[18],[19]}

1.00%

Spread

^{[4],[5],[13],[14],[18],[19]}

9.00%

Total Coupon

^{[4],[5],[13],[14],[18],[19]}

14.21%

Maturity

^{[4],[5],[13],[14],[18],[19]}

Apr. 30, 2025

Principal

^{[4],[5],[13],[14],[18],[19]}

$ 12,653,058

Cost

^{[4],[5],[11],[13],[14],[18],[19]}

12,727,131

Fair Value

^{[4],[5],[12],[13],[14],[18],[19]}

$ 12,176,370

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[17],[20],[21]}

2.00%

Interest Rate, PIK

^{[2],[3],[9],[15],[17],[20],[21]}

5.00%

Interest Rate, Cash

^{[2],[3],[9],[15],[17],[20],[21]}

5.00%

Total Coupon

^{[2],[3],[9],[15],[17],[20],[21]}

15.32%

Maturity

^{[2],[3],[9],[15],[17],[20],[21]}

Apr. 30, 2025

Principal

^{[2],[3],[9],[15],[17],[20],[21]}

$ 13,037,353

Cost

^{[2],[3],[9],[10],[15],[17],[20],[21]}

13,081,652

Fair Value

^{[1],[2],[3],[9],[15],[17],[20],[21]}

$ 12,574,284

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[18],[19],[22]}

0.00%

Interest Rate, PIK

^{[4],[5],[13],[18],[19],[22]}

3.50%

Interest Rate, Cash

^{[4],[5],[13],[18],[19],[22]}

3.50%

Total Coupon

^{[4],[5],[13],[18],[19],[22]}

7.00%

Maturity

^{[4],[5],[13],[18],[19],[22]}

Apr. 30, 2025

Principal

^{[4],[5],[13],[18],[19],[22]}

$ 1,638,321

Cost

^{[4],[5],[11],[13],[18],[19],[22]}

1,638,321

Fair Value

^{[4],[5],[12],[13],[18],[19],[22]}

$ 1,762,833

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17],[20],[21]}

0.00%

Interest Rate, PIK

^{[2],[3],[9],[17],[20],[21]}

3.50%

Interest Rate, Cash

^{[2],[3],[9],[17],[20],[21]}

3.50%

Total Coupon

^{[2],[3],[9],[17],[20],[21]}

7.00%

Maturity

^{[2],[3],[9],[17],[20],[21]}

Apr. 30, 2025

Principal

^{[2],[3],[9],[17],[20],[21]}

$ 1,666,962

Cost

^{[2],[3],[9],[10],[17],[20],[21]}

1,666,962

Fair Value

^{[1],[2],[3],[9],[17],[20],[21]}

$ 1,775,314

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[18],[19],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[14],[18],[19],[22]}

3.00%

Interest Rate, Cash

^{[4],[5],[13],[14],[18],[19],[22]}

8.00%

Total Coupon

^{[4],[5],[13],[14],[18],[19],[22]}

15.73%

Maturity

^{[4],[5],[13],[14],[18],[19],[22]}

Nov. 23, 2025

Principal

^{[4],[5],[13],[14],[18],[19],[22]}

$ 6,344,642

Cost

^{[4],[5],[11],[13],[14],[18],[19],[22]}

6,280,873

Fair Value

^{[4],[5],[12],[13],[14],[18],[19],[22]}

$ 6,255,561

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[17],[20],[21]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[15],[17],[20],[21]}

3.00%

Interest Rate, Cash

^{[2],[3],[9],[15],[17],[20],[21]}

8.00%

Total Coupon

^{[2],[3],[9],[15],[17],[20],[21]}

16.54%

Maturity

^{[2],[3],[9],[15],[17],[20],[21]}

Nov. 23, 2025

Principal

^{[2],[3],[9],[15],[17],[20],[21]}

$ 6,441,234

Cost

^{[2],[3],[9],[10],[15],[17],[20],[21]}

6,398,012

Fair Value

^{[1],[2],[3],[9],[15],[17],[20],[21]}

$ 6,441,235

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[23]}

1.00%

Spread

^{[2],[3],[9],[23]}

7.00%

Total Coupon

^{[2],[3],[9],[23]}

12.50%

Maturity

^{[2],[3],[9],[23]}

Dec. 18, 2026

Principal

^{[2],[3],[9],[23]}

$ 3,044,985

Cost

^{[2],[3],[9],[10],[23]}

2,995,991

Fair Value

^{[1],[2],[3],[9],[23]}

$ 2,283,740

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[24]}

1.00%

Spread

^{[4],[5],[13],[14],[24]}

7.00%

Total Coupon

^{[4],[5],[13],[14],[24]}

11.17%

Maturity

^{[4],[5],[13],[14],[24]}

Dec. 18, 2026

Principal

^{[4],[5],[13],[14],[24]}

$ 3,060,601

Cost

^{[4],[5],[11],[13],[14],[24]}

2,995,971

Fair Value

^{[4],[5],[12],[13],[14],[24]}

$ 2,373,093

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[23]}

1.00%

Spread

^{[2],[3],[9],[23]}

7.00%

Total Coupon

^{[2],[3],[9],[23]}

12.50%

Maturity

^{[2],[3],[9],[23]}

Dec. 18, 2026

Principal

^{[2],[3],[9],[23]}

$ 7,264,615

Cost

^{[2],[3],[9],[10],[23]}

7,181,077

Fair Value

^{[1],[2],[3],[9],[23]}

$ 5,448,463

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[24]}

1.00%

Spread

^{[4],[5],[13],[24]}

7.00%

Total Coupon

^{[4],[5],[13],[24]}

11.17%

Maturity

^{[4],[5],[13],[24]}

Dec. 18, 2026

Principal

^{[4],[5],[13],[24]}

$ 7,301,869

Cost

^{[4],[5],[11],[13],[24]}

7,207,747

Fair Value

^{[4],[5],[12],[13],[24]}

$ 6,434,771

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[22]}

3.00%

Interest Rate, Cash

^{[4],[5],[13],[22]}

8.50%

Total Coupon

^{[4],[5],[13],[22]}

16.20%

Maturity

^{[4],[5],[13],[22]}

Oct. 15, 2025

Principal

^{[4],[5],[13],[22]}

$ 6,531,157

Cost

^{[4],[5],[11],[13],[22]}

6,564,537

Fair Value

^{[4],[5],[12],[13],[22]}

6,067,445

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[17]}

3.00%

Interest Rate, Cash

^{[2],[3],[9],[17]}

8.50%

Total Coupon

^{[2],[3],[9],[17]}

16.82%

Maturity

^{[2],[3],[9],[17]}

Oct. 15, 2025

Principal

^{[2],[3],[9],[17]}

$ 6,531,157

Cost

^{[2],[3],[9],[10],[17]}

6,559,614

Fair Value

^{[1],[2],[3],[9],[17]}

5,466,578

Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services

Schedule Of Investments [Line Items]

Cost

110,035,795

^{[2],[3],[9],[10]}

105,845,201

^[4],[5],[11]

Fair Value

$ 87,286,625

^{[1],[2],[3],[9]}

$ 82,648,607

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.00%

Total Coupon

^[4],[5],[14]

10.42%

Maturity

^[4],[5],[14]

Mar. 26, 2026

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(3,117)

Fair Value

^{[4],[5],[12],[14]}

$ (3,171)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.20%

Maturity

^{[2],[3],[9],[15]}

Mar. 26, 2026

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(2,640)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (4,397)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

10.42%

Maturity

^[4],[5]

Mar. 26, 2026

Principal

^[4],[5]

$ 6,538,915

Cost

^[4],[5],[11]

6,451,642

Fair Value

^[4],[5],[12]

$ 6,452,601

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.20%

Maturity

^[2],[3],[9]

Mar. 26, 2026

Principal

^[2],[3],[9]

$ 6,438,127

Cost

^{[2],[3],[9],[10]}

6,367,528

Fair Value

^{[1],[2],[3],[9]}

$ 6,320,309

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.50%

Total Coupon

^[4],[5],[14]

11.08%

Maturity

^[4],[5],[14]

Aug. 29, 2029

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

1,316

Fair Value

^{[4],[5],[12],[14]}

$ (7,017)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.74%

Maturity

^[2],[3],[9]

Aug. 29, 2029

Principal

^[2],[3],[9]

$ 467,786

Cost

^{[2],[3],[9],[10]}

463,936

Fair Value

^{[1],[2],[3],[9]}

$ 466,383

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.25%

Total Coupon

^[4],[5],[14]

10.83%

Maturity

^[4],[5],[14]

Aug. 29, 2029

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(12,562)

Fair Value

^{[4],[5],[12],[14]}

$ (15,203)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.29%

Maturity

^{[2],[3],[9],[15]}

Aug. 29, 2029

Principal

^{[2],[3],[9],[15]}

$ 584,733

Cost

^{[2],[3],[9],[10],[15]}

566,453

Fair Value

^{[1],[2],[3],[9],[15]}

$ 576,546

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.25%

Total Coupon

^[4],[5],[14]

10.83%

Maturity

^[4],[5],[14]

Aug. 31, 2028

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(9,941)

Fair Value

^{[4],[5],[12],[14]}

$ (12,162)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.49%

Maturity

^{[2],[3],[9],[15]}

Aug. 31, 2028

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(9,115)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (6,549)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.83%

Maturity

^[4],[5]

Aug. 29, 2029

Principal

^[4],[5]

$ 5,356,151

Cost

^[4],[5],[11]

5,240,066

Fair Value

^[4],[5],[12]

$ 5,216,891

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.49%

Maturity

^[2],[3],[9]

Aug. 29, 2029

Principal

^[2],[3],[9]

$ 5,329,370

Cost

^{[2],[3],[9],[10]}

5,221,524

Fair Value

^{[1],[2],[3],[9]}

$ 5,254,759

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

9.00%

Total Coupon

^[4],[5]

13.73%

Maturity

^[4],[5]

Nov. 03, 2025

Principal

^[4],[5]

$ 25,000,000

Cost

^[4],[5],[11]

25,000,000

Fair Value

^[4],[5],[12]

$ 24,775,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

9.00%

Total Coupon

^[2],[3],[9]

14.50%

Maturity

^[2],[3],[9]

Nov. 03, 2025

Principal

^[2],[3],[9]

$ 25,000,000

Cost

^{[2],[3],[9],[10]}

25,000,000

Fair Value

^{[1],[2],[3],[9]}

$ 24,850,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[25]

0.25%

Spread

^[4],[5],[25]

8.50%

Total Coupon

^[4],[5],[25]

13.14%

Maturity

^[4],[5],[25]

Oct. 08, 2027

Principal

^[4],[5],[25]

$ 5,000,000

Cost

^{[4],[5],[11],[25]}

5,000,000

Fair Value

^{[4],[5],[12],[25]}

$ 4,930,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[26]}

0.25%

Spread

^{[2],[3],[9],[26]}

8.50%

Total Coupon

^{[2],[3],[9],[26]}

13.90%

Maturity

^{[2],[3],[9],[26]}

Oct. 08, 2027

Principal

^{[2],[3],[9],[26]}

$ 5,000,000

Cost

^{[2],[3],[9],[10],[26]}

5,000,000

Fair Value

^{[1],[2],[3],[9],[26]}

$ 4,955,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.75%

Total Coupon

^{[2],[3],[9],[15]}

11.78%

Maturity

^{[2],[3],[9],[15]}

Aug. 21, 2028

Principal

^{[2],[3],[9],[15]}

$ 1,978,510

Cost

^{[2],[3],[9],[10],[15]}

1,942,991

Fair Value

^{[1],[2],[3],[9],[15]}

$ 1,945,865

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

6.75%

Total Coupon

^[4],[5],[14]

11.15%

Maturity

^[4],[5],[14]

Aug. 21, 2028

Principal

^[4],[5]

$ 0

Cost

^{[4],[5],[11],[14]}

(18,625)

Fair Value

^{[4],[5],[12],[14]}

$ (57,773)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

11.15%

Maturity

^[4],[5]

Aug. 21, 2028

Principal

^[4],[5]

$ 7,104,830

Cost

^[4],[5],[11]

6,969,338

Fair Value

^[4],[5],[12]

$ 6,897,369

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

11.78%

Maturity

^[2],[3],[9]

Aug. 21, 2028

Principal

^[2],[3],[9]

$ 7,122,636

Cost

^{[2],[3],[9],[10]}

7,002,230

Fair Value

^{[1],[2],[3],[9]}

$ 7,005,113

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[27],[28],[29]}

1.00%

Spread

^{[2],[3],[9],[27],[28],[29]}

11.00%

Total Coupon

^{[2],[3],[9],[27],[28],[29]}

18.19%

Maturity

^{[2],[3],[9],[27],[28],[29]}

Oct. 31, 2021

Principal

^{[2],[3],[9],[27],[28],[29]}

$ 37,183,232

Cost

^{[2],[3],[9],[10],[27],[28],[29]}

37,183,232

Fair Value

^{[1],[2],[3],[9],[27],[28],[29]}

$ 14,999,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[30],[31],[32]}

1.00%

Spread

^{[4],[5],[30],[31],[32]}

11.00%

Total Coupon

^{[4],[5],[30],[31],[32]}

17.38%

Maturity

^{[4],[5],[30],[31],[32]}

Oct. 31, 2021

Principal

^{[4],[5],[30],[31],[32]}

$ 37,686,148

Cost

^{[4],[5],[11],[30],[31],[32]}

37,686,148

Fair Value

^{[4],[5],[12],[30],[31],[32]}

$ 15,228,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

8.50%

Total Coupon

^[4],[5]

12.93%

Maturity

^[4],[5]

Jul. 05, 2026

Principal

^[4],[5]

$ 5,000,000

Cost

^[4],[5],[11]

4,929,099

Fair Value

^[4],[5],[12]

$ 4,870,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

8.50%

Total Coupon

^[2],[3],[9]

13.71%

Maturity

^[2],[3],[9]

Jul. 05, 2026

Principal

^[2],[3],[9]

$ 5,000,000

Cost

^{[2],[3],[9],[10]}

4,939,026

Fair Value

^{[1],[2],[3],[9]}

$ 4,890,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.09%

Maturity

^{[2],[3],[9],[15]}

Oct. 04, 2027

Principal

^{[2],[3],[9],[15]}

$ 5,186,938

Cost

^{[2],[3],[9],[10],[15]}

5,166,802

Fair Value

^{[1],[2],[3],[9],[15]}

$ 5,026,273

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

6.00%

Total Coupon

^[4],[5],[14]

10.44%

Maturity

^[4],[5],[14]

Oct. 04, 2027

Principal

^[4],[5],[14]

$ 3,475,919

Cost

^{[4],[5],[11],[14]}

3,453,599

Fair Value

^{[4],[5],[12],[14]}

$ 3,298,870

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

6.00%

Total Coupon

^[4],[5],[14]

10.44%

Maturity

^[4],[5],[14]

Oct. 04, 2027

Principal

^[4],[5]

$ 0

Cost

^{[4],[5],[11],[14]}

(1,849)

Fair Value

^{[4],[5],[12],[14]}

$ (10,098)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.09%

Maturity

^{[2],[3],[9],[15]}

Oct. 04, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(1,655)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (9,177)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[18],[19]}

1.00%

Spread

^{[4],[5],[18],[19]}

9.25%

Total Coupon

^{[4],[5],[18],[19]}

13.91%

Maturity

^{[4],[5],[18],[19]}

Feb. 11, 2025

Principal

^{[4],[5],[18],[19]}

$ 11,300,000

Cost

^{[4],[5],[11],[18],[19]}

11,160,087

Fair Value

^{[4],[5],[12],[18],[19]}

$ 11,085,300

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[20],[21]}

9.25%

Total Coupon

^{[2],[3],[9],[20],[21]}

14.65%

Maturity

^{[2],[3],[9],[20],[21]}

Feb. 11, 2025

Principal

^{[2],[3],[9],[20],[21]}

$ 11,300,000

Cost

^{[2],[3],[9],[10],[20],[21]}

11,195,483

Fair Value

^{[1],[2],[3],[9],[20],[21]}

11,017,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[22],[30],[31],[33]}

2.00%

Interest Rate, PIK

^{[4],[5],[22],[30],[31],[33]}

16.00%

Interest Rate, Cash

^{[4],[5],[22],[30],[31],[33]}

6.00%

Total Coupon

^{[4],[5],[22],[30],[31],[33]}

28.33%

Maturity

^{[4],[5],[22],[30],[31],[33]}

Mar. 16, 2027

Principal

^{[4],[5],[22],[30],[31],[33]}

$ 2,362,743

Cost

^{[4],[5],[11],[22],[30],[31],[33]}

935,927

Fair Value

^{[4],[5],[12],[22],[30],[31],[33]}

$ 708,823

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[24]

1.00%

Spread

^[4],[5],[24]

7.00%

Total Coupon

^[4],[5],[24]

11.39%

Maturity

^[4],[5],[24]

Mar. 14, 2026

Principal

^[4],[5],[24]

$ 15,000,000

Cost

^{[4],[5],[11],[24]}

14,930,552

Fair Value

^{[4],[5],[12],[24]}

14,025,000

Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services

Schedule Of Investments [Line Items]

Cost

22,403,080

^{[2],[3],[9],[10]}

22,366,911

^[4],[5],[11]

Fair Value

$ 21,450,215

^{[1],[2],[3],[9]}

$ 21,097,447

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[22]

1.00%

Interest Rate, PIK

^[4],[5],[22]

3.50%

Interest Rate, Cash

^[4],[5],[22]

3.50%

Total Coupon

^[4],[5],[22]

11.68%

Maturity

^[4],[5],[22]

Jun. 28, 2028

Principal

^[4],[5],[22]

$ 2,703,036

Cost

^{[4],[5],[11],[22]}

2,657,008

Fair Value

^{[4],[5],[12],[22]}

$ 2,121,343

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[17]}

3.50%

Interest Rate, Cash

^{[2],[3],[9],[17]}

3.50%

Total Coupon

^{[2],[3],[9],[17]}

12.34%

Maturity

^{[2],[3],[9],[17]}

Jun. 28, 2028

Principal

^{[2],[3],[9],[17]}

$ 2,737,517

Cost

^{[2],[3],[9],[10],[17]}

2,693,030

Fair Value

^{[1],[2],[3],[9],[17]}

$ 2,258,451

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.50%

Total Coupon

^{[2],[3],[9],[15]}

11.84%

Maturity

^{[2],[3],[9],[15]}

Aug. 19, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(260)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (25)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

6.50%

Total Coupon

^[4],[5],[14]

10.87%

Maturity

^[4],[5],[14]

Aug. 19, 2027

Principal

^[4],[5],[14]

$ 6,250

Cost

^{[4],[5],[11],[14]}

5,958

Fair Value

^{[4],[5],[12],[14]}

$ 5,706

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

6.50%

Total Coupon

^[4],[5]

11.18%

Maturity

^[4],[5]

Aug. 19, 2027

Principal

^[4],[5]

$ 341,602

Cost

^[4],[5],[11]

338,323

Fair Value

^[4],[5],[12]

$ 335,658

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.84%

Maturity

^[2],[3],[9]

Aug. 19, 2027

Principal

^[2],[3],[9]

$ 337,305

Cost

^{[2],[3],[9],[10]}

334,450

Fair Value

^{[1],[2],[3],[9]}

$ 337,035

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[23]}

0.00%

Spread

^{[2],[3],[9],[23]}

7.50%

Total Coupon

^{[2],[3],[9],[23]}

12.69%

Maturity

^{[2],[3],[9],[23]}

Oct. 26, 2026

Principal

^{[2],[3],[9],[23]}

$ 5,769,231

Cost

^{[2],[3],[9],[10],[23]}

5,764,494

Fair Value

^{[1],[2],[3],[9],[23]}

$ 5,653,846

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.00%

Spread

^[4],[5]

7.50%

Total Coupon

^[4],[5]

12.23%

Maturity

^[4],[5]

Oct. 26, 2026

Principal

^[4],[5]

$ 5,769,231

Cost

^[4],[5],[11]

5,762,481

Fair Value

^[4],[5],[12]

$ 5,480,769

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.50%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.70%

Maturity

^[2],[3],[9]

Oct. 26, 2026

Principal

^[2],[3],[9]

$ 3,538,462

Cost

^{[2],[3],[9],[10]}

3,497,961

Fair Value

^{[1],[2],[3],[9]}

$ 3,432,308

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.50%

Spread

^[4],[5]

7.50%

Total Coupon

^[4],[5]

12.05%

Maturity

^[4],[5]

Oct. 26, 2026

Principal

^[4],[5]

$ 3,538,462

Cost

^[4],[5],[11]

3,491,614

Fair Value

^[4],[5],[12]

$ 3,361,538

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.26%

Maturity

^{[2],[3],[9],[15]}

May 04, 2028

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(8,978)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (29,670)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.00%

Total Coupon

^[4],[5],[14]

10.70%

Maturity

^[4],[5],[14]

May 04, 2028

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(11,384)

Fair Value

^{[4],[5],[12],[14]}

$ (46,396)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.26%

Maturity

^[2],[3],[9]

May 04, 2028

Principal

^[2],[3],[9]

$ 3,779,650

Cost

^{[2],[3],[9],[10]}

3,716,789

Fair Value

^{[1],[2],[3],[9]}

$ 3,702,545

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

10.70%

Maturity

^[4],[5]

May 04, 2028

Principal

^[4],[5]

$ 3,798,739

Cost

^[4],[5],[11]

3,729,472

Fair Value

^[4],[5],[12]

$ 3,677,559

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

9.00%

Total Coupon

^[2],[3],[9]

14.27%

Maturity

^[2],[3],[9]

Nov. 13, 2028

Principal

^[2],[3],[9]

$ 6,554,543

Cost

^{[2],[3],[9],[10]}

6,405,594

Fair Value

^{[1],[2],[3],[9]}

6,095,725

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

9.00%

Total Coupon

^[4],[5]

13.93%

Maturity

^[4],[5]

Nov. 13, 2028

Principal

^[4],[5]

$ 6,554,543

Cost

^[4],[5],[11]

6,393,439

Fair Value

^[4],[5],[12]

6,161,270

Investment, Identifier [Axis]: Debt Investments | Health Care Technology

Schedule Of Investments [Line Items]

Cost

26,011,394

^[2],[3],[10]

25,980,449

^[4],[5],[11]

Fair Value

$ 25,539,811

^[1],[2],[3]

$ 25,380,349

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

7.25%

Total Coupon

^[4],[5],[14]

11.54%

Maturity

^[4],[5],[14]

May 06, 2027

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(2,786)

Fair Value

^{[4],[5],[12],[14]}

$ (10,545)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

7.25%

Total Coupon

^{[2],[3],[9],[15]}

11.90%

Maturity

^{[2],[3],[9],[15]}

May 06, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(2,465)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (7,477)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

7.25%

Total Coupon

^[4],[5]

11.54%

Maturity

^[4],[5]

May 06, 2027

Principal

^[4],[5]

$ 2,868,709

Cost

^[4],[5],[11]

2,826,856

Fair Value

^[4],[5],[12]

$ 2,710,930

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

11.90%

Maturity

^[2],[3],[9]

May 06, 2027

Principal

^[2],[3],[9]

$ 2,861,520

Cost

^{[2],[3],[9],[10]}

2,824,047

Fair Value

^{[1],[2],[3],[9]}

$ 2,749,920

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

7.25%

Total Coupon

^[4],[5]

9.73%

Maturity

^[4],[5]

Mar. 14, 2024

Principal

^[4],[5]

$ 338,074

Cost

^[4],[5],[11]

336,302

Fair Value

^[4],[5],[12]

$ 332,665

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

13.07%

Maturity

^[2],[3],[9]

Mar. 14, 2026

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(3,074)

Fair Value

^{[1],[2],[3],[9]}

$ (8,114)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

7.25%

Total Coupon

^[4],[5]

11.99%

Maturity

^[4],[5]

Mar. 14, 2024

Principal

^[4],[5]

$ 7,664,445

Cost

^[4],[5],[11]

7,608,680

Fair Value

^[4],[5],[12]

$ 7,541,813

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

13.07%

Maturity

^[2],[3],[9]

Mar. 14, 2026

Principal

^[2],[3],[9]

$ 7,664,445

Cost

^{[2],[3],[9],[10]}

7,582,993

Fair Value

^{[1],[2],[3],[9]}

$ 7,480,498

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

7.00%

Total Coupon

^[4],[5],[14]

11.59%

Maturity

^[4],[5],[14]

May 03, 2027

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(8,938)

Fair Value

^{[4],[5],[12],[14]}

$ (24,651)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

7.00%

Total Coupon

^{[2],[3],[9],[15]}

12.33%

Maturity

^{[2],[3],[9],[15]}

May 03, 2027

Principal

^{[2],[3],[9],[15]}

$ 369,758

Cost

^{[2],[3],[9],[10],[15]}

361,836

Fair Value

^{[1],[2],[3],[9],[15]}

$ 344,492

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

7.00%

Total Coupon

^[4],[5]

11.59%

Maturity

^[4],[5]

May 03, 2027

Principal

^[4],[5]

$ 8,380,593

Cost

^[4],[5],[11]

8,238,137

Fair Value

^[4],[5],[12]

$ 8,045,370

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.25%

Maturity

^[2],[3],[9]

May 03, 2027

Principal

^[2],[3],[9]

$ 8,380,593

Cost

^{[2],[3],[9],[10]}

8,255,135

Fair Value

^{[1],[2],[3],[9]}

$ 8,036,989

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

8.00%

Total Coupon

^[4],[5]

11.74%

Maturity

^[4],[5]

Oct. 02, 2028

Principal

^[4],[5]

$ 2,016,737

Cost

^[4],[5],[11]

2,008,293

Fair Value

^[4],[5],[12]

$ 1,899,767

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.04%

Maturity

^[2],[3],[9]

Oct. 02, 2028

Principal

^[2],[3],[9]

$ 2,016,737

Cost

^{[2],[3],[9],[10]}

2,009,227

Fair Value

^{[1],[2],[3],[9]}

$ 1,988,503

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.00%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

10.29%

Maturity

^[4],[5]

Jul. 23, 2024

Principal

^[4],[5]

$ 500,000

Cost

^[4],[5],[11]

497,481

Fair Value

^[4],[5],[12]

$ 488,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.00%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

10.75%

Maturity

^[4],[5]

Jul. 23, 2024

Principal

^[4],[5]

$ 4,500,000

Cost

^[4],[5],[11]

4,476,424

Fair Value

^[4],[5],[12]

4,396,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.46%

Maturity

^[2],[3],[9]

Jul. 23, 2024

Principal

^[2],[3],[9]

$ 500,000

Cost

^{[2],[3],[9],[10]}

498,343

Fair Value

^{[1],[2],[3],[9]}

$ 495,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.50%

Maturity

^[2],[3],[9]

Jul. 23, 2024

Principal

^[2],[3],[9]

$ 4,500,000

Cost

^{[2],[3],[9],[10]}

4,485,352

Fair Value

^{[1],[2],[3],[9]}

4,459,500

Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure

Schedule Of Investments [Line Items]

Cost

11,244,704

^{[2],[3],[9],[10]}

5,131,948

^[4],[5],[11]

Fair Value

$ 11,200,068

^{[1],[2],[3],[9]}

$ 5,087,470

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[20],[21]}

0.75%

Spread

^{[2],[3],[9],[15],[20],[21]}

5.25%

Total Coupon

^{[2],[3],[9],[15],[20],[21]}

13.50%

Maturity

^{[2],[3],[9],[15],[20],[21]}

Jun. 03, 2027

Principal

^{[2],[3],[9],[15],[20],[21]}

$ 209,904

Cost

^{[2],[3],[9],[10],[15],[20],[21]}

203,265

Fair Value

^{[1],[2],[3],[9],[15],[20],[21]}

$ 199,829

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[14],[18],[19]}

0.75%

Spread

^{[4],[5],[14],[18],[19]}

6.25%

Total Coupon

^{[4],[5],[14],[18],[19]}

10.68%

Maturity

^{[4],[5],[14],[18],[19]}

Jun. 03, 2027

Principal

^{[4],[5],[14],[18],[19]}

$ 0

Cost

^{[4],[5],[11],[14],[18],[19]}

(7,430)

Fair Value

^{[4],[5],[12],[14],[18],[19]}

$ (10,915)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[18],[19]}

0.75%

Spread

^{[4],[5],[18],[19]}

6.25%

Total Coupon

^{[4],[5],[18],[19]}

10.68%

Maturity

^{[4],[5],[18],[19]}

Jun. 03, 2027

Principal

^{[4],[5],[18],[19]}

$ 5,234,481

Cost

^{[4],[5],[11],[18],[19]}

5,139,378

Fair Value

^{[4],[5],[12],[18],[19]}

5,098,385

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

0.75%

Spread

^{[2],[3],[9],[20],[21]}

6.25%

Total Coupon

^{[2],[3],[9],[20],[21]}

11.48%

Maturity

^{[2],[3],[9],[20],[21]}

Jun. 03, 2027

Principal

^{[2],[3],[9],[20],[21]}

$ 5,208,243

Cost

^{[2],[3],[9],[10],[20],[21]}

5,121,332

Fair Value

^{[1],[2],[3],[9],[20],[21]}

$ 5,083,245

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[9]

1.00%

Spread

^[2],[9]

7.50%

Total Coupon

^[2],[9]

12.67%

Maturity

Aug. 07, 2028

Principal

^[2],[9]

$ 6,109,360

Cost

^[2],[9],[10]

5,937,108

Fair Value

^[1],[2],[9]

$ 5,938,909

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[9],[15]

1.00%

Spread

^[2],[9],[15]

7.50%

Total Coupon

^[2],[9],[15]

12.67%

Maturity

Aug. 07, 2028

Principal

^[2],[9],[15]

$ 0

Cost

^{[2],[9],[10],[15]}

(4,851)

Fair Value

^{[1],[2],[9],[15]}

$ (9,740)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[9],[15]

1.00%

Spread

^[2],[9],[15]

7.50%

Total Coupon

^[2],[9],[15]

12.67%

Maturity

Aug. 07, 2028

Principal

^[2],[9],[15]

$ 0

Cost

^[2],[9],[15]

(12,150)

Fair Value

^{[1],[2],[9],[15]}

(12,175)

Investment, Identifier [Axis]: Debt Investments | IT Services

Schedule Of Investments [Line Items]

Cost

20,767,862

^{[2],[3],[9],[10]}

14,845,592

^{[4],[5],[11],[13]}

Fair Value

$ 20,092,477

^{[1],[2],[3],[9]}

$ 13,999,657

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

7.25%

Total Coupon

^{[4],[5],[13],[14]}

11.83%

Maturity

^{[4],[5],[13],[14]}

Oct. 19, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(5,443)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (6,750)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.49%

Maturity

^[2],[3],[9]

Oct. 19, 2028

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(4,976)

Fair Value

^{[1],[2],[3],[9]}

$ (1,125)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

7.25%

Total Coupon

^[4],[5],[13]

11.83%

Maturity

^[4],[5],[13]

Oct. 19, 2028

Principal

^[4],[5],[13]

$ 2,250,000

Cost

^{[4],[5],[11],[13]}

2,194,940

Fair Value

^{[4],[5],[12],[13]}

$ 2,182,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.49%

Maturity

^[2],[3],[9]

Oct. 19, 2028

Principal

^[2],[3],[9]

$ 2,250,000

Cost

^{[2],[3],[9],[10]}

2,199,467

Fair Value

^{[1],[2],[3],[9]}

$ 2,238,750

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.00%

Spread

^[4],[5],[13]

8.00%

Total Coupon

^[4],[5],[13]

13.15%

Maturity

^[4],[5],[13]

May 28, 2029

Principal

^[4],[5],[13]

$ 5,000,000

Cost

^{[4],[5],[11],[13]}

4,958,482

Fair Value

^{[4],[5],[12],[13]}

$ 4,625,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.22%

Maturity

^[2],[3],[9]

May 28, 2029

Principal

^[2],[3],[9]

$ 5,000,000

Cost

^{[2],[3],[9],[10]}

4,963,345

Fair Value

^{[1],[2],[3],[9]}

$ 4,535,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

6.75%

Total Coupon

^[4],[5],[13]

10.50%

Maturity

^[4],[5],[13]

Feb. 04, 2029

Principal

^[4],[5],[13]

$ 2,867,296

Cost

^{[4],[5],[11],[13]}

2,849,793

Fair Value

^{[4],[5],[12],[13]}

$ 2,351,183

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

12.01%

Maturity

^[2],[3],[9]

Feb. 04, 2029

Principal

^[2],[3],[9]

$ 2,867,296

Cost

^{[2],[3],[9],[10]}

2,852,573

Fair Value

^{[1],[2],[3],[9]}

$ 2,508,884

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.24%

Maturity

^[2],[3],[9]

Dec. 30, 2027

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(9,717)

Fair Value

^{[1],[2],[3],[9]}

$ (9,706)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

7.00%

Total Coupon

^[4],[5],[13]

11.58%

Maturity

^[4],[5],[13]

Dec. 29, 2028

Principal

^[4],[5],[13]

$ 5,008,771

Cost

^{[4],[5],[11],[13]}

4,858,604

Fair Value

^{[4],[5],[12],[13]}

$ 4,858,508

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.24%

Maturity

^[2],[3],[9]

Dec. 29, 2028

Principal

^[2],[3],[9]

$ 4,996,249

Cost

^{[2],[3],[9],[10]}

4,854,068

Fair Value

^{[1],[2],[3],[9]}

$ 4,861,350

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

7.00%

Total Coupon

^{[4],[5],[13],[14]}

11.58%

Maturity

^{[4],[5],[13],[14]}

Dec. 30, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(10,784)

Fair Value

^{[4],[5],[12],[13],[14]}

(10,784)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.60%

Maturity

^[2],[3],[9]

May 13, 2030

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(14,916)

Fair Value

^{[1],[2],[3],[9]}

$ (10,943)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.60%

Maturity

^[2],[3],[9]

May 13, 2030

Principal

^[2],[3],[9]

$ 6,079,701

Cost

^{[2],[3],[9],[10]}

5,928,018

Fair Value

^{[1],[2],[3],[9]}

5,970,267

Investment, Identifier [Axis]: Debt Investments | Insurance

Schedule Of Investments [Line Items]

Cost

14,556,637

^[2],[3],[10]

14,147,478

^[4],[5],[11]

Fair Value

$ 14,639,839

^[1],[2],[3]

$ 14,213,824

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

5.75%

Total Coupon

^[4],[5],[14]

10.15%

Maturity

^[4],[5],[14]

Aug. 31, 2029

Principal

^[4],[5],[14]

$ 686,959

Cost

^{[4],[5],[11],[14]}

670,390

Fair Value

^{[4],[5],[12],[14]}

$ 644,711

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^[2],[3],[9]

10.62%

Maturity

^{[2],[3],[9],[15]}

Aug. 31, 2029

Principal

^{[2],[3],[9],[15]}

$ 683,524

Cost

^{[2],[3],[9],[10],[15]}

668,050

Fair Value

^{[1],[2],[3],[9],[15]}

$ 651,687

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

5.75%

Total Coupon

^[4],[5],[14]

9.58%

Maturity

^[4],[5],[14]

Aug. 31, 2028

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(9,728)

Fair Value

^{[4],[5],[12],[14]}

$ (21,124)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^{[2],[3],[9],[15]}

10.99%

Maturity

^{[2],[3],[9],[15]}

Aug. 31, 2028

Principal

^{[2],[3],[9],[15]}

$ 85,870

Cost

^{[2],[3],[9],[10],[15]}

76,971

Fair Value

^{[1],[2],[3],[9],[15]}

$ 69,898

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

5.75%

Total Coupon

^[4],[5]

9.58%

Maturity

^[4],[5]

Aug. 31, 2029

Principal

^[4],[5]

$ 4,121,752

Cost

^[4],[5],[11]

4,043,233

Fair Value

^[4],[5],[12]

$ 3,952,760

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

5.75%

Total Coupon

^{[2],[3],[9],[15]}

10.88%

Maturity

^[2],[3],[9]

Aug. 31, 2029

Principal

^[2],[3],[9]

$ 4,101,143

Cost

^{[2],[3],[9],[10]}

4,027,208

Fair Value

^{[1],[2],[3],[9]}

$ 3,974,007

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[14],[34]}

1.00%

Spread

^{[4],[5],[14],[34]}

6.25%

Total Coupon

^{[4],[5],[14],[34]}

11.21%

Maturity

^{[4],[5],[14],[34]}

Oct. 01, 2026

Principal

^{[4],[5],[14],[34]}

$ 183,333

Cost

^{[4],[5],[11],[14],[34]}

180,108

Fair Value

^{[4],[5],[12],[14],[34]}

$ 167,083

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.46%

Maturity

^[2],[3],[9]

Oct. 01, 2026

Principal

^[2],[3],[9]

$ 208,333

Cost

^{[2],[3],[9],[10]}

205,459

Fair Value

^{[1],[2],[3],[9]}

$ 189,833

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.63%

Maturity

^[4],[5]

Oct. 01, 2026

Principal

^[4],[5]

$ 1,933,651

Cost

^[4],[5],[11]

1,907,627

Fair Value

^[4],[5],[12]

$ 1,807,963

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.45%

Maturity

^[2],[3],[9]

Oct. 01, 2026

Principal

^[2],[3],[9]

$ 1,923,785

Cost

^{[2],[3],[9],[10]}

1,901,403

Fair Value

^{[1],[2],[3],[9]}

$ 1,781,425

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.50%

Total Coupon

^[4],[5],[14]

10.82%

Maturity

^[4],[5],[14]

Aug. 27, 2025

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(396,355)

Fair Value

^{[4],[5],[12],[14]}

$ (41,342)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.76%

Maturity

^[2],[3],[9]

Aug. 27, 2025

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(325,381)

Fair Value

^{[1],[2],[3],[9]}

$ (20,671)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

6.50%

Total Coupon

^[4],[5]

10.82%

Maturity

^[4],[5]

Aug. 27, 2025

Principal

^[4],[5]

$ 5,167,753

Cost

^[4],[5],[11]

5,078,283

Fair Value

^[4],[5],[12]

$ 5,126,411

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.76%

Maturity

^[2],[3],[9]

Aug. 27, 2025

Principal

^[2],[3],[9]

$ 5,141,914

Cost

^{[2],[3],[9],[10]}

5,067,580

Fair Value

^{[1],[2],[3],[9]}

$ 5,121,347

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.22%

Maturity

^[2],[3],[9]

Nov. 01, 2028

Principal

^[2],[3],[9]

$ 2,122,239

Cost

^{[2],[3],[9],[10]}

2,097,830

Fair Value

^{[1],[2],[3],[9]}

$ 2,052,205

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

6.00%

Total Coupon

^[4],[5],[14]

11.11%

Maturity

^[4],[5],[14]

Nov. 01, 2028

Principal

^[4],[5],[14]

$ 1,859,529

Cost

^{[4],[5],[11],[14]}

1,833,303

Fair Value

^{[4],[5],[12],[14]}

$ 1,763,340

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.22%

Maturity

^[2],[3],[9]

Nov. 01, 2028

Principal

^[2],[3],[9]

$ 848,095

Cost

^{[2],[3],[9],[10]}

837,517

Fair Value

^{[1],[2],[3],[9]}

820,108

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

11.12%

Maturity

^[4],[5]

Nov. 01, 2028

Principal

^[4],[5]

$ 852,379

Cost

^[4],[5],[11]

840,617

Fair Value

^[4],[5],[12]

814,022

Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail

Schedule Of Investments [Line Items]

Cost

6,695,169

^{[2],[3],[9],[10]}

6,690,245

^{[4],[5],[11],[13]}

Fair Value

$ 6,000,784

^{[1],[2],[3],[9]}

$ 5,670,715

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.47%

Maturity

^[2],[3],[9]

Dec. 29, 2027

Principal

^[2],[3],[9]

$ 2,214,586

Cost

^{[2],[3],[9],[10]}

2,074,398

Fair Value

^{[1],[2],[3],[9]}

$ 2,075,067

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.55%

Maturity

^[2],[3],[9]

Dec. 14, 2028

Principal

^[2],[3],[9]

$ 4,673,472

Cost

^{[2],[3],[9],[10]}

4,620,771

Fair Value

^{[1],[2],[3],[9]}

3,925,717

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

8.00%

Total Coupon

^[4],[5],[13]

13.21%

Maturity

^[4],[5],[13]

Dec. 14, 2028

Principal

^[4],[5],[13]

$ 4,673,472

Cost

^{[4],[5],[11],[13]}

4,617,397

Fair Value

^{[4],[5],[12],[13]}

3,598,574

Investment, Identifier [Axis]: Debt Investments | Internet Software & Services

Schedule Of Investments [Line Items]

Cost

75,761,391

^[2],[3],[10]

66,853,671

^{[4],[5],[11],[13]}

Fair Value

$ 68,711,784

^[1],[2],[3]

$ 63,165,311

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

7.50%

Total Coupon

^[4],[5],[13]

11.86%

Maturity

^[4],[5],[13]

Aug. 22, 2027

Principal

^[4],[5],[13]

$ 1,938,957

Cost

^{[4],[5],[11],[13]}

1,920,501

Fair Value

^{[4],[5],[12],[13]}

$ 1,911,811

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.73%

Maturity

^[2],[3],[9]

Aug. 22, 2027

Principal

^[2],[3],[9]

$ 1,938,957

Cost

^{[2],[3],[9],[10]}

1,921,915

Fair Value

^{[1],[2],[3],[9]}

$ 1,902,116

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

8.88%

Total Coupon

^[4],[5],[13]

13.26%

Maturity

^[4],[5],[13]

Oct. 25, 2029

Principal

^[4],[5],[13]

$ 7,164,842

Cost

^{[4],[5],[11],[13]}

7,034,117

Fair Value

^{[4],[5],[12],[13]}

$ 6,376,709

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

8.88%

Total Coupon

^[2],[3],[9]

14.09%

Maturity

^[2],[3],[9]

Oct. 25, 2029

Principal

^[2],[3],[9]

$ 7,164,842

Cost

^{[2],[3],[9],[10]}

7,045,756

Fair Value

^{[1],[2],[3],[9]}

$ 3,851,103

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.05%

Maturity

^[2],[3],[9]

Jan. 26, 2029

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(2,897)

Fair Value

^{[1],[2],[3],[9]}

$ (2,912)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.05%

Maturity

^[2],[3],[9]

Jan. 26, 2029

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(10,514)

Fair Value

^{[1],[2],[3],[9]}

$ (10,568)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.05%

Maturity

^[2],[3],[9]

Jan. 26, 2029

Principal

^[2],[3],[9]

$ 4,653,609

Cost

^{[2],[3],[9],[10]}

4,519,598

Fair Value

^{[1],[2],[3],[9]}

$ 4,523,308

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.05%

Maturity

^[2],[3],[9]

Jan. 26, 2029

Principal

^[2],[3],[9]

$ 1,283,754

Cost

^{[2],[3],[9],[10]}

1,246,786

Fair Value

^{[1],[2],[3],[9]}

$ 1,247,809

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

5.25%

Total Coupon

^[4],[5],[13]

12.25%

Maturity

^[4],[5],[13]

Dec. 29, 2027

Principal

^[4],[5],[13]

$ 2,225,715

Cost

^{[4],[5],[11],[13]}

2,072,848

Fair Value

^{[4],[5],[12],[13]}

$ 2,072,141

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Interest Rate, PIK

^[2],[3],[9]

4.00%

Interest Rate, Cash

^[2],[3],[9]

4.00%

Total Coupon

^[2],[3],[9]

13.26%

Maturity

^[2],[3],[9]

Jul. 08, 2027

Principal

^[2],[3],[9]

$ 1,962,111

Cost

^{[2],[3],[9],[10]}

1,946,678

Fair Value

^{[1],[2],[3],[9]}

$ 1,942,490

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[22]}

4.00%

Interest Rate, Cash

^{[4],[5],[13],[22]}

4.00%

Total Coupon

^{[4],[5],[13],[22]}

12.77%

Maturity

^{[4],[5],[13],[22]}

Jul. 08, 2027

Principal

^{[4],[5],[13],[22]}

$ 1,922,747

Cost

^{[4],[5],[11],[13],[22]}

1,905,105

Fair Value

^{[4],[5],[12],[13],[22]}

$ 1,890,061

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

0.75%

Interest Rate, PIK

^{[4],[5],[13],[22]}

2.50%

Interest Rate, Cash

^{[4],[5],[13],[22]}

5.00%

Total Coupon

^{[4],[5],[13],[22]}

11.58%

Maturity

^{[4],[5],[13],[22]}

Jun. 08, 2028

Principal

^{[4],[5],[13],[22]}

$ 11,460,476

Cost

^{[4],[5],[11],[13],[22]}

11,247,733

Fair Value

^{[4],[5],[12],[13],[22]}

$ 11,195,739

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Interest Rate, PIK

^[2],[3],[9]

2.50%

Interest Rate, Cash

^[2],[3],[9]

5.00%

Total Coupon

^[2],[3],[9]

12.34%

Maturity

^[2],[3],[9]

Jun. 08, 2028

Principal

^[2],[3],[9]

$ 11,605,782

Cost

^{[2],[3],[9],[10]}

11,409,369

Fair Value

^{[1],[2],[3],[9]}

$ 11,327,243

Schedule Of Investments [Line Items]

Interest Rate, Floor

0.00%

^[2],[3],[9]

0.00%

^{[4],[5],[13],[24]}

Spread

12.00%

^[2],[3],[9]

12.00%

^{[4],[5],[13],[24]}

Total Coupon

12.00%

^[2],[3],[9]

12.00%

^{[4],[5],[13],[24]}

Maturity

Jul. 27, 2028

^[2],[3],[9]

Jul. 27, 2028

^{[4],[5],[13],[24]}

Principal

$ 1,303,641

^[2],[3],[9]

$ 667,101

^{[4],[5],[13],[24]}

Cost

1,189,567

^{[2],[3],[9],[10]}

600,391

^{[4],[5],[11],[13],[24]}

Fair Value

$ 1,055,949

^{[1],[2],[3],[9]}

$ 620,404

^{[4],[5],[12],[13],[24]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[24]}

0.75%

Spread

^{[4],[5],[13],[24]}

8.25%

Total Coupon

^{[4],[5],[13],[24]}

12.67%

Maturity

^{[4],[5],[13],[24]}

Jul. 27, 2029

Principal

^{[4],[5],[13],[24]}

$ 7,000,000

Cost

^{[4],[5],[11],[13],[24]}

6,913,061

Fair Value

^{[4],[5],[12],[13],[24]}

$ 5,483,310

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

8.25%

Total Coupon

^[2],[3],[9]

13.53%

Maturity

^[2],[3],[9]

Jul. 27, 2029

Principal

^[2],[3],[9]

$ 7,000,000

Cost

^{[2],[3],[9],[10]}

6,918,149

Fair Value

^{[1],[2],[3],[9]}

$ 4,515,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

12.79%

Maturity

^[2],[3],[9]

Feb. 01, 2029

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(9,708)

Fair Value

^{[1],[2],[3],[9]}

$ (7,507)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

12.79%

Maturity

^[2],[3],[9]

Feb. 01, 2029

Principal

^[2],[3],[9]

$ 3,336,406

Cost

^{[2],[3],[9],[10]}

3,257,582

Fair Value

^{[1],[2],[3],[9]}

$ 3,276,351

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.80%

Spread

^{[4],[5],[13],[14]}

7.00%

Total Coupon

^{[4],[5],[13],[14]}

11.12%

Maturity

^{[4],[5],[13],[14]}

Jun. 10, 2027

Principal

^{[4],[5],[13],[14]}

$ 1,562,500

Cost

^{[4],[5],[11],[13],[14]}

1,552,329

Fair Value

^{[4],[5],[12],[13],[14]}

$ 1,111,570

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.80%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.66%

Maturity

^[2],[3],[9]

Jun. 10, 2027

Principal

^[2],[3],[9]

$ 1,328,125

Cost

^{[2],[3],[9],[10]}

1,321,098

Fair Value

^{[1],[2],[3],[9]}

$ 1,216,563

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.80%

Spread

^[4],[5],[13]

7.00%

Total Coupon

^[4],[5],[13]

11.12%

Maturity

^[4],[5],[13]

Jun. 10, 2027

Principal

^[4],[5],[13]

$ 5,830,726

Cost

^{[4],[5],[11],[13]}

5,754,713

Fair Value

^{[4],[5],[12],[13]}

$ 5,518,783

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.80%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.66%

Maturity

^[2],[3],[9]

Jun. 10, 2027

Principal

^[2],[3],[9]

$ 4,956,117

Cost

^{[2],[3],[9],[10]}

4,899,712

Fair Value

^{[1],[2],[3],[9]}

$ 4,539,804

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

8.00%

Total Coupon

^{[4],[5],[13],[14]}

12.36%

Maturity

^{[4],[5],[13],[14]}

Apr. 06, 2027

Principal

^{[4],[5],[13],[14]}

$ 465,183

Cost

^{[4],[5],[11],[13],[14]}

451,936

Fair Value

^{[4],[5],[12],[13],[14]}

$ 428,899

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.04%

Maturity

^[2],[3],[9]

Apr. 06, 2027

Principal

^[2],[3],[9]

$ 465,183

Cost

^{[2],[3],[9],[10]}

453,334

Fair Value

^{[1],[2],[3],[9]}

$ 422,386

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

8.00%

Total Coupon

^{[4],[5],[13],[14]}

11.83%

Maturity

^{[4],[5],[13],[14]}

Apr. 06, 2027

Principal

^{[4],[5],[13],[14]}

$ 12,069,635

Cost

^{[4],[5],[11],[13],[14]}

11,881,653

Fair Value

^{[4],[5],[12],[13],[14]}

$ 11,598,919

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.04%

Maturity

^[2],[3],[9]

Apr. 06, 2027

Principal

^[2],[3],[9]

$ 12,069,635

Cost

^{[2],[3],[9],[10]}

11,899,910

Fair Value

^{[1],[2],[3],[9]}

$ 11,514,431

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.00%

Spread

^[4],[5],[13]

8.00%

Total Coupon

^[4],[5],[13]

12.38%

Maturity

^[4],[5],[13]

Apr. 02, 2027

Principal

^[4],[5],[13]

$ 5,512,958

Cost

^{[4],[5],[11],[13]}

5,446,114

Fair Value

^{[4],[5],[12],[13]}

$ 5,358,595

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.20%

Maturity

^[2],[3],[9]

Apr. 02, 2027

Principal

^[2],[3],[9]

$ 5,512,958

Cost

^{[2],[3],[9],[10]}

5,454,805

Fair Value

^{[1],[2],[3],[9]}

$ 5,485,393

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

10.22%

Maturity

^[2],[3],[9]

Mar. 09, 2028

Principal

^[2],[3],[9]

$ 2,814,549

Cost

^{[2],[3],[9],[10]}

2,758,537

Fair Value

^{[1],[2],[3],[9]}

$ 2,743,905

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.50%

Total Coupon

^[4],[5],[13]

9.92%

Maturity

^[4],[5],[13]

Mar. 09, 2028

Principal

^[4],[5],[13]

$ 2,814,549

Cost

^{[4],[5],[11],[13]}

2,752,981

Fair Value

^[4],[5],[12]

$ 2,721,951

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.25%

Total Coupon

^{[4],[5],[13],[14]}

10.58%

Maturity

^{[4],[5],[13],[14]}

Aug. 16, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(6,262)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (9,712)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.35%

Maturity

^[2],[3],[9]

Aug. 16, 2028

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(5,710)

Fair Value

^{[1],[2],[3],[9]}

$ (2,470)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

6.25%

Total Coupon

^[4],[5],[13]

10.58%

Maturity

^[4],[5],[13]

Aug. 16, 2029

Principal

^[4],[5],[13]

$ 4,111,714

Cost

^{[4],[5],[11],[13]}

4,031,739

Fair Value

^{[4],[5],[12],[13]}

$ 3,987,129

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.35%

Maturity

^[2],[3],[9]

Aug. 16, 2029

Principal

^[2],[3],[9]

$ 4,111,714

Cost

^{[2],[3],[9],[10]}

4,037,431

Fair Value

^{[1],[2],[3],[9]}

$ 4,085,810

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Interest Rate, PIK

^[2],[3],[9]

6.25%

Interest Rate, Cash

^[2],[3],[9]

0.75%

Total Coupon

^[2],[3],[9]

12.22%

Maturity

^[2],[3],[9]

Jan. 24, 2028

Principal

^[2],[3],[9]

$ 3,967,055

Cost

^{[2],[3],[9],[10]}

3,901,592

Fair Value

^{[1],[2],[3],[9]}

$ 3,895,648

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[19],[22],[32]}

0.75%

Interest Rate, PIK

^{[4],[5],[13],[19],[22],[32]}

6.50%

Interest Rate, Cash

^{[4],[5],[13],[19],[22],[32]}

0.75%

Total Coupon

^{[4],[5],[13],[19],[22],[32]}

11.46%

Maturity

^{[4],[5],[13],[19],[22],[32]}

Jan. 24, 2028

Principal

^{[4],[5],[13],[19],[22],[32]}

$ 3,845,195

Cost

^{[4],[5],[11],[13],[19],[22],[32]}

3,774,506

Fair Value

^{[4],[5],[12],[13],[19],[22],[32]}

$ 3,736,760

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.92%

Maturity

^{[4],[5],[13],[14]}

Dec. 01, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(2,185)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (67,500)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.98%

Maturity

^[4],[5],[13]

Dec. 01, 2027

Principal

^[4],[5],[13]

$ 227,273

Cost

^{[4],[5],[11],[13]}

223,453

Fair Value

^{[4],[5],[12],[13]}

$ 182,273

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Interest Rate, PIK

^[2],[3],[9]

2.00%

Interest Rate, Cash

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

13.36%

Maturity

^[2],[3],[9]

Dec. 01, 2027

Principal

^[2],[3],[9]

$ 231,387

Cost

^{[2],[3],[9],[10]}

227,846

Fair Value

^{[1],[2],[3],[9]}

$ 168,449

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.92%

Maturity

^[4],[5],[13]

Dec. 01, 2027

Principal

^[4],[5],[13]

$ 1,396,023

Cost

^{[4],[5],[11],[13]}

1,371,786

Fair Value

^{[4],[5],[12],[13]}

$ 1,119,610

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Interest Rate, PIK

^[2],[3],[9]

2.00%

Interest Rate, Cash

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

13.31%

Maturity

^[2],[3],[9]

Dec. 01, 2027

Principal

^[2],[3],[9]

$ 1,403,137

Cost

^{[2],[3],[9],[10]}

1,380,555

Fair Value

^{[1],[2],[3],[9],[17]}

$ 1,021,483

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[18],[24]}

0.50%

Spread

^{[4],[5],[13],[18],[24]}

7.00%

Total Coupon

^{[4],[5],[13],[18],[24]}

11.76%

Maturity

^{[4],[5],[13],[18],[24]}

May 25, 2027

Principal

^{[4],[5],[13],[18],[24]}

$ 2,631,567

Cost

^{[4],[5],[13],[18],[24]}

2,542,648

Fair Value

^{[4],[5],[13],[18],[24]}

2,581,119

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.50%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.26%

Maturity

^[2],[3],[9]

May 25, 2027

Principal

^[2],[3],[9]

$ 2,618,343

Cost

^{[2],[3],[9],[10]}

2,539,706

Fair Value

^{[1],[2],[3],[9]}

2,605,251

Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services

Schedule Of Investments [Line Items]

Cost

2,103,924

^{[2],[3],[9],[10]}

2,108,923

^[11]

Fair Value

$ 2,164,614

^{[1],[2],[3],[9]}

$ 2,108,529

^[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^[4],[5],[14]

7.00%

Total Coupon

^[4],[5],[14]

11.42%

Maturity

^[4],[5],[14]

Dec. 21, 2028

Principal

^[4],[5],[14]

$ 0

Cost

^[11],[14]

(6,392)

Fair Value

^[12],[14]

$ (6,423)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^[4],[5],[14]

7.00%

Total Coupon

^[4],[5],[14]

11.42%

Maturity

^[4],[5],[14]

Dec. 21, 2028

Principal

^[4],[5],[14]

$ 0

Cost

^[11],[14]

(10,228)

Fair Value

^[12],[14]

$ (10,277)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.20%

Maturity

^[2],[3],[9]

Dec. 21, 2028

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(9,401)

Fair Value

^{[1],[2],[3],[9]}

$ (2,936)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[5],[13]

1.00%

Spread

^[5]

7.00%

Total Coupon

^[5]

11.42%

Maturity

^[5]

Dec. 21, 2028

Principal

^[5]

$ 2,202,309

Cost

^[5],[11]

2,125,543

Fair Value

^[5],[12]

2,125,229

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.20%

Maturity

^[2],[3],[9]

Dec. 21, 2028

Principal

^[2],[3],[9]

$ 2,191,298

Cost

^{[2],[3],[9],[10]}

2,119,217

Fair Value

^{[1],[2],[3],[9]}

$ 2,169,385

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.20%

Maturity

^[2],[3],[9]

Dec. 21, 2028

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(5,892)

Fair Value

^{[1],[2],[3],[9]}

(1,835)

Investment, Identifier [Axis]: Debt Investments | Machinery

Schedule Of Investments [Line Items]

Cost

6,060,048

^{[2],[3],[9],[10]}

5,210,880

^[4],[5],[11]

Fair Value

$ 6,072,276

^{[1],[2],[3],[9]}

$ 5,338,545

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

10.99%

Maturity

^[4],[5]

Aug. 05, 2026

Principal

^[4],[5]

$ 3,855,495

Cost

^[4],[5],[11]

3,801,066

Fair Value

^[4],[5],[12]

$ 3,894,050

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

10.99%

Maturity

^[4],[5]

Aug. 05, 2026

Principal

^[4],[5]

$ 1,430,193

Cost

^[4],[5],[11]

1,409,814

Fair Value

^[4],[5],[12]

1,444,495

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

11.96%

Maturity

^[2],[3],[9]

Aug. 05, 2028

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(4,970)

Fair Value

^{[1],[2],[3],[9]}

$ (3,886)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

11.96%

Maturity

^[2],[3],[9]

Aug. 05, 2027

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(4,273)

Fair Value

^{[1],[2],[3],[9]}

$ (3,368)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

11.96%

Maturity

^[2],[3],[9]

Aug. 05, 2028

Principal

^[2],[3],[9]

$ 6,197,278

Cost

^{[2],[3],[9],[10]}

6,069,291

Fair Value

^{[1],[2],[3],[9]}

6,079,530

Investment, Identifier [Axis]: Debt Investments | Media

Schedule Of Investments [Line Items]

Cost

7,490,430

^{[2],[3],[9],[10]}

6,835,091

^[4],[5],[11]

Fair Value

$ 6,515,746

^{[1],[2],[3],[9]}

$ 5,969,099

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

3.25%

Total Coupon

^[2],[3],[9]

8.47%

Maturity

^[2],[3],[9]

Oct. 20, 2025

Principal

^[2],[3],[9]

$ 658,609

Cost

^[2],[3],[9]

607,272

Fair Value

^[2],[3],[9]

$ 589,949

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.22%

Maturity

^[2],[3],[9]

Oct. 19, 2026

Principal

^[2],[3],[9]

$ 3,131,760

Cost

^{[2],[3],[9],[10]}

2,943,355

Fair Value

^{[1],[2],[3],[9]}

$ 2,248,353

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[24]}

0.00%

Spread

^[4],[5],[24]

7.00%

Total Coupon

^[4],[5],[24]

11.38%

Maturity

^[4],[5],[24]

Oct. 19, 2026

Principal

^[4],[5],[24]

$ 3,131,760

Cost

^{[4],[5],[11],[24]}

2,921,510

Fair Value

^{[4],[5],[12],[24]}

$ 2,274,441

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^[4],[5],[14]

6.75%

Total Coupon

^[4],[5],[14]

11.11%

Maturity

^[4],[5],[14]

Aug. 31, 2023

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(1,460)

Fair Value

^{[4],[5],[12],[14]}

$ (5,520)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[13]

1.00%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

11.11%

Maturity

^[4],[5]

Aug. 31, 2023

Principal

^[4],[5]

$ 379,050

Cost

^[4],[5],[11]

374,456

Fair Value

^[4],[5],[12]

$ 361,614

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

12.06%

Maturity

^[2],[3],[9]

Aug. 31, 2023

Principal

^[2],[3],[9]

$ 377,150

Cost

^{[2],[3],[9],[10]}

376,011

Fair Value

^{[1],[2],[3],[9]}

$ 362,064

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.89%

Maturity

^[2],[3],[9]

Aug. 23, 2026

Principal

^[2],[3],[9]

$ 3,615,463

Cost

^{[2],[3],[9],[10]}

3,563,792

Fair Value

^{[1],[2],[3],[9]}

3,315,380

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.50%

Total Coupon

^[4],[5]

8.14%

Maturity

^[4],[5]

Aug. 23, 2026

Principal

^[4],[5]

$ 3,601,472

Cost

^[4],[5],[11]

3,540,585

Fair Value

^[4],[5],[12]

$ 3,338,564

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[22],[32]}

0.00%

Interest Rate, PIK

^{[4],[5],[14],[22],[32]}

15.00%

Total Coupon

^{[4],[5],[14],[22],[32]}

15.00%

Maturity

^{[4],[5],[14],[22],[32]}

Jun. 21, 2023

Principal

^{[4],[5],[14],[22],[32]}

$ 1,956,190

Cost

^{[4],[5],[11],[14],[22],[32]}

1,956,190

Fair Value

^{[4],[5],[12],[14],[22],[32]}

1,956,190

Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products

Schedule Of Investments [Line Items]

Cost

13,373,951

^{[2],[3],[9],[10]}

9,849,424

^[4],[5],[11]

Fair Value

$ 13,251,641

^{[1],[2],[3],[9]}

$ 9,547,415

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^[2],[3],[9]

11.01%

Maturity

^[2],[3],[9]

Nov. 30, 2026

Principal

^[2],[3],[9]

$ 134,008

Cost

^{[2],[3],[9],[10]}

119,338

Fair Value

^{[1],[2],[3],[9]}

$ 114,844

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^[4],[5],[14]

5.50%

Total Coupon

^[4],[5],[14]

9.76%

Maturity

^[4],[5],[14]

Nov. 30, 2026

Principal

^[4],[5],[14]

$ 0

Cost

^{[4],[5],[11],[14]}

(16,709)

Fair Value

^{[4],[5],[12],[14]}

$ (32,229)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^[2],[3],[9]

11.01%

Maturity

^[2],[3],[9]

Nov. 30, 2026

Principal

^[2],[3],[9]

$ 10,013,136

Cost

^{[2],[3],[9],[10]}

9,833,755

Fair Value

^{[1],[2],[3],[9]}

$ 9,726,761

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

5.50%

Total Coupon

^[4],[5]

9.76%

Maturity

^[4],[5]

Nov. 30, 2026

Principal

^[4],[5]

$ 10,063,709

Cost

^[4],[5],[11]

9,866,133

Fair Value

^[4],[5],[12]

9,579,644

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.25%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.04%

Maturity

^[2],[3],[9]

Dec. 23, 2026

Principal

^[2],[3],[9]

$ 3,516,226

Cost

^{[2],[3],[9],[10]}

3,420,858

Fair Value

^{[1],[2],[3],[9]}

3,410,036

Investment, Identifier [Axis]: Debt Investments | Professional Services

Schedule Of Investments [Line Items]

Cost

41,818,917

^{[2],[3],[9],[10]}

41,780,199

^[4],[5],[11]

Fair Value

$ 41,119,851

^{[1],[2],[3],[9]}

$ 40,804,744

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[24]}

0.75%

Spread

^[4],[5],[24]

7.75%

Total Coupon

^[4],[5],[24]

11.84%

Maturity

^[4],[5],[24]

Apr. 26, 2030

Principal

^[4],[5],[24]

$ 5,007,465

Cost

^{[4],[5],[11],[24]}

4,913,512

Fair Value

^{[4],[5],[12],[24]}

$ 4,586,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.50%

Spread

^[4],[5]

7.50%

Total Coupon

^[4],[5]

11.88%

Maturity

^[4],[5]

May 14, 2029

Principal

^[4],[5]

$ 5,000,000

Cost

^[4],[5],[11]

4,959,969

Fair Value

^[4],[5],[12]

$ 4,795,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.50%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.69%

Maturity

^[2],[3],[9]

May 14, 2029

Principal

^[2],[3],[9]

$ 5,000,000

Cost

^{[2],[3],[9],[10]}

4,966,445

Fair Value

^{[1],[2],[3],[9]}

$ 4,885,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[22]}

0.75%

Interest Rate, PIK

^{[4],[5],[14],[22]}

3.88%

Interest Rate, Cash

^{[4],[5],[14],[22]}

3.38%

Total Coupon

^{[4],[5],[14],[22]}

11.52%

Maturity

^{[4],[5],[14],[22]}

Aug. 18, 2028

Principal

^{[4],[5],[14],[22]}

$ 0

Cost

^{[4],[5],[11],[14],[22]}

Fair Value

^{[4],[5],[12],[14],[22]}

$ (111,339)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

3.88%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

3.38%

Total Coupon

^{[2],[3],[9],[15],[17]}

12.38%

Maturity

^{[2],[3],[9],[15],[17]}

Aug. 18, 2028

Principal

^{[2],[3],[9],[15],[17]}

$ 221,336

Cost

^{[2],[3],[9],[10],[15],[17]}

221,336

Fair Value

^{[1],[2],[3],[9],[15],[17]}

$ 200,772

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

11.02%

Maturity

^[4],[5]

Aug. 18, 2028

Principal

^[4],[5]

$ 0

Cost

^[4],[5],[11]

(17,307)

Fair Value

^[4],[5],[12]

$ (39,921)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.75%

Total Coupon

^{[2],[3],[9],[15]}

11.99%

Maturity

^{[2],[3],[9],[15]}

Aug. 18, 2028

Principal

^{[2],[3],[9],[15]}

$ 175,907

Cost

^{[2],[3],[9],[10],[15]}

160,122

Fair Value

^{[1],[2],[3],[9],[15]}

$ 168,534

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[17]}

3.88%

Interest Rate, Cash

^{[2],[3],[9],[17]}

3.38%

Total Coupon

^{[2],[3],[9],[17]}

12.38%

Maturity

^{[2],[3],[9],[17]}

Aug. 18, 2028

Principal

^{[2],[3],[9],[17]}

$ 11,060,029

Cost

^{[2],[3],[9],[10],[17]}

10,889,671

Fair Value

^{[1],[2],[3],[9],[17]}

$ 10,982,609

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

0.75%

Interest Rate, PIK

^[4],[5],[22]

3.88%

Interest Rate, Cash

^[4],[5],[22]

3.38%

Total Coupon

^[4],[5],[22]

11.52%

Maturity

^[4],[5],[22]

Aug. 18, 2028

Principal

^[4],[5],[22]

$ 11,060,029

Cost

^{[4],[5],[11],[22]}

10,873,218

Fair Value

^{[4],[5],[12],[22]}

$ 10,640,854

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

8.75%

Total Coupon

^[4],[5]

13.19%

Maturity

^[4],[5]

Feb. 17, 2025

Principal

^[4],[5]

$ 5,300,000

Cost

^[4],[5],[11]

5,234,978

Fair Value

^[4],[5],[12]

$ 5,172,800

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[20],[21]}

8.75%

Total Coupon

^{[2],[3],[9],[20],[21]}

13.96%

Maturity

^{[2],[3],[9],[20],[21]}

Feb. 17, 2025

Principal

^{[2],[3],[9],[20],[21]}

$ 5,300,000

Cost

^{[2],[3],[9],[10],[20],[21]}

5,248,511

Fair Value

^{[1],[2],[3],[9],[20],[21]}

$ 5,194,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

8.75%

Total Coupon

^[4],[5]

13.19%

Maturity

^[4],[5]

Feb. 17, 2025

Principal

^[4],[5]

$ 9,892,491

Cost

^[4],[5],[11]

9,759,102

Fair Value

^[4],[5],[12]

$ 9,655,071

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[20],[21]}

8.75%

Total Coupon

^{[2],[3],[9],[20],[21]}

13.96%

Maturity

^{[2],[3],[9],[20],[21]}

Feb. 17, 2025

Principal

^{[2],[3],[9],[20],[21]}

$ 9,892,491

Cost

^{[2],[3],[9],[10],[20],[21]}

9,784,932

Fair Value

^{[1],[2],[3],[9],[20],[21]}

$ 9,694,641

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.50%

Spread

^[4],[5]

7.00%

Total Coupon

^[4],[5]

11.81%

Maturity

^[4],[5]

Mar. 01, 2024

Principal

^[4],[5]

$ 500,000

Cost

^[4],[5],[11]

496,559

Fair Value

^[4],[5],[12]

$ 492,500

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

5.50%

Total Coupon

^[4],[5]

9.88%

Maturity

^[4],[5]

Jun. 28, 2024

Principal

^[4],[5]

$ 977,931

Cost

^[4],[5],[11]

917,326

Fair Value

^[4],[5],[12]

$ 936,369

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.50%

Total Coupon

^[2],[3],[9]

10.70%

Maturity

^[2],[3],[9]

Jun. 28, 2024

Principal

^[2],[3],[9]

$ 972,883

Cost

^{[2],[3],[9],[10]}

930,304

Fair Value

^{[1],[2],[3],[9]}

$ 953,425

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

5.50%

Total Coupon

^[4],[5]

9.88%

Maturity

^[4],[5]

Jun. 28, 2024

Principal

^[4],[5]

$ 3,820,368

Cost

^[4],[5],[11]

3,583,613

Fair Value

^[4],[5],[12]

$ 3,658,003

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.50%

Total Coupon

^[2],[3],[9]

10.70%

Maturity

^[2],[3],[9]

Jun. 28, 2024

Principal

^[2],[3],[9]

$ 3,800,366

Cost

^{[2],[3],[9],[10]}

3,634,043

Fair Value

^{[1],[2],[3],[9]}

$ 3,724,359

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

11.13%

Maturity

^[4],[5]

Aug. 04, 2026

Principal

^[4],[5]

$ 1,064,655

Cost

^[4],[5],[11]

1,059,229

Fair Value

^[4],[5],[12]

1,019,407

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.75%

Total Coupon

^[2],[3],[9]

11.97%

Maturity

^[2],[3],[9]

Aug. 04, 2026

Principal

^[2],[3],[9]

$ 1,064,655

Cost

^{[2],[3],[9],[10]}

1,060,238

Fair Value

^{[1],[2],[3],[9]}

$ 1,010,091

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[35]}

0.75%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

12.80%

Maturity

^[2],[3],[9]

Apr. 26, 2030

Principal

^[2],[3],[9]

$ 5,007,465

Cost

^{[2],[3],[9],[10]}

4,923,315

Fair Value

^{[1],[2],[3],[9]}

4,306,420

Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development

Schedule Of Investments [Line Items]

Cost

6,450,126

^{[2],[3],[9],[10]}

6,464,268

^[4],[5],[11]

Fair Value

$ 6,448,733

^{[1],[2],[3],[9]}

$ 6,300,500

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20]}

1.25%

Spread

^{[2],[3],[9],[20]}

6.00%

Total Coupon

^{[2],[3],[9],[20]}

11.14%

Maturity

^{[2],[3],[9],[20]}

Mar. 02, 2026

Principal

^{[2],[3],[9],[20]}

$ 1,866,667

Cost

^{[2],[3],[9],[10],[20]}

1,866,667

Fair Value

^{[1],[2],[3],[9],[20]}

$ 1,846,133

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.25%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

9.05%

Maturity

^[4],[5]

Mar. 02, 2026

Principal

^[4],[5]

$ 1,866,667

Cost

^[4],[5],[11]

1,866,667

Fair Value

^[4],[5],[12]

$ 1,844,267

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.50%

Spread

^[4],[5]

6.50%

Total Coupon

^[4],[5]

10.94%

Maturity

^[4],[5]

Mar. 21, 2027

Principal

^[4],[5]

$ 0

Cost

^[4],[5],[11]

20,817

Fair Value

^[4],[5],[12]

$ (121,195)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.50%

Spread

^[4],[5]

6.50%

Total Coupon

^[4],[5]

10.94%

Maturity

^[4],[5]

Mar. 21, 2027

Principal

^[4],[5]

$ 4,661,332

Cost

^[4],[5],[11]

4,576,784

Fair Value

^[4],[5],[12]

$ 4,577,428

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.50%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.72%

Maturity

^[2],[3],[9]

Mar. 21, 2027

Principal

^[2],[3],[9]

$ 4,661,332

Cost

^{[2],[3],[9],[10]}

4,583,459

Fair Value

^{[1],[2],[3],[9]}

$ 4,602,600

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

7.25%

Total Coupon

^[4],[5]

11.03%

Maturity

^[4],[5]

Apr. 08, 2025

Principal

^[4],[5]

$ 15,000,000

Cost

^[4],[5],[11]

14,848,983

Fair Value

^[4],[5],[12]

14,895,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.77%

Maturity

^[2],[3],[9]

Apr. 08, 2025

Principal

^[2],[3],[9]

$ 15,000,000

Cost

^{[2],[3],[9],[10]}

14,876,102

Fair Value

^{[1],[2],[3],[9]}

14,850,000

Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment

Schedule Of Investments [Line Items]

Cost

2,193,331

^{[2],[3],[9],[10]}

2,115,579

^[4],[5],[11]

Fair Value

$ 2,146,398

^{[1],[2],[3],[9]}

$ 2,053,600

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.00%

Total Coupon

^[4],[5]

10.42%

Maturity

^[4],[5]

Dec. 29, 2026

Principal

^[4],[5]

$ 330,137

Cost

^[4],[5],[11]

249,986

Fair Value

^[4],[5],[12]

$ 268,505

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.22%

Maturity

^{[2],[3],[9],[15]}

Dec. 29, 2026

Principal

^{[2],[3],[9],[15]}

$ 420,175

Cost

^{[2],[3],[9],[10],[15]}

349,434

Fair Value

^{[1],[2],[3],[9],[15]}

$ 365,295

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.67%

Maturity

^[4],[5]

Dec. 29, 2027

Principal

^[4],[5]

$ 1,899,037

Cost

^[4],[5],[11]

1,865,593

Fair Value

^[4],[5],[12]

1,785,095

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[23]}

1.00%

Spread

^{[2],[3],[9],[23]}

6.25%

Total Coupon

^{[2],[3],[9],[23]}

11.66%

Maturity

^{[2],[3],[9],[23]}

Dec. 29, 2027

Principal

^{[2],[3],[9],[23]}

$ 1,874,846

Cost

^{[2],[3],[9],[10],[23]}

1,843,897

Fair Value

^{[1],[2],[3],[9],[23]}

1,781,103

Investment, Identifier [Axis]: Debt Investments | Software

Schedule Of Investments [Line Items]

Cost

102,902,671

^{[2],[3],[9],[10]}

87,306,974

^{[4],[5],[11],[13]}

Fair Value

$ 102,686,951

^{[1],[2],[3],[9]}

$ 86,430,992

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

7.50%

Total Coupon

^{[2],[3],[9],[15]}

12.76%

Maturity

^{[2],[3],[9],[15]}

Mar. 30, 2029

Principal

^{[2],[3],[9],[20],[21]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(12,307)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (8,210)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

7.50%

Total Coupon

^{[2],[3],[9],[15]}

12.75%

Maturity

^{[2],[3],[9],[15]}

Dec. 29, 2025

Principal

^{[2],[3],[9],[15]}

$ 1,054,373

Cost

^{[2],[3],[9],[10],[15]}

1,031,415

Fair Value

^{[1],[2],[3],[9],[15]}

$ 1,040,367

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.72%

Maturity

^[2],[3],[9]

Dec. 29, 2025

Principal

^[2],[3],[9]

$ 2,416,867

Cost

^{[2],[3],[9],[10]}

2,401,989

Fair Value

^{[1],[2],[3],[9]}

$ 2,384,723

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

7.50%

Total Coupon

^[4],[5]

11.88%

Maturity

^[4],[5]

Dec. 29, 2025

Principal

^[4],[5]

$ 2,416,867

Cost

^[4],[5],[11]

2,397,971

Fair Value

^[4],[5],[12]

$ 2,375,297

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

7.00%

Total Coupon

^[4],[5]

11.44%

Maturity

^[4],[5]

Mar. 11, 2027

Principal

^[4],[5]

$ 8,673,018

Cost

^[4],[5],[11]

8,592,729

Fair Value

^[4],[5],[12]

$ 8,594,961

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.00%

Total Coupon

^[2],[3],[9]

12.19%

Maturity

^[2],[3],[9]

Mar. 11, 2027

Principal

^[2],[3],[9]

$ 8,673,018

Cost

^{[2],[3],[9],[10]}

8,604,138

Fair Value

^{[1],[2],[3],[9]}

$ 8,666,947

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.66%

Maturity

^[2],[3],[9]

Apr. 13, 2027

Principal

^[2],[3],[9]

$ 204,763

Cost

^{[2],[3],[9],[10]}

200,854

Fair Value

^{[1],[2],[3],[9]}

$ 194,627

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[17]}

3.25%

Interest Rate, Cash

^{[2],[3],[9],[17]}

3.50%

Total Coupon

^{[2],[3],[9],[17]}

11.99%

Maturity

^{[2],[3],[9],[17]}

Apr. 13, 2027

Principal

^{[2],[3],[9],[17]}

$ 4,527,228

Cost

^{[2],[3],[9],[10],[17]}

4,474,770

Fair Value

^{[1],[2],[3],[9],[17]}

$ 4,377,829

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Interest Rate, PIK

^[4],[5]

3.75%

Interest Rate, Cash

^[4],[5]

3.25%

Total Coupon

^[4],[5]

10.94%

Maturity

^[4],[5]

Apr. 13, 2027

Principal

^[4],[5]

$ 4,442,604

Cost

^[4],[5],[11]

4,383,120

Fair Value

^[4],[5],[12]

$ 4,273,786

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.50%

Total Coupon

^[4],[5]

9.50%

Maturity

^[4],[5]

Apr. 13, 2027

Principal

^[4],[5]

$ 102,381

Cost

^[4],[5],[11]

97,919

Fair Value

^[4],[5],[12]

$ 90,710

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.75%

Total Coupon

^{[2],[3],[9],[15]}

15.00%

Maturity

^{[2],[3],[9],[15]}

Apr. 30, 2026

Principal

^{[2],[3],[9],[15]}

$ 657,055

Cost

^{[2],[3],[9],[10],[15]}

645,168

Fair Value

^{[1],[2],[3],[9],[15]}

$ 657,055

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

6.75%

Total Coupon

^[4],[5]

14.25%

Maturity

^[4],[5]

Apr. 30, 2026

Principal

^[4],[5]

$ 519,073

Cost

^[4],[5],[11]

505,266

Fair Value

^[4],[5],[12]

$ 501,333

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

7.75%

Total Coupon

^[4],[5]

12.00%

Maturity

^[4],[5]

Apr. 30, 2026

Principal

^[4],[5]

$ 4,949,797

Cost

^[4],[5],[11]

4,845,184

Fair Value

^[4],[5],[12]

$ 4,816,153

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

13.03%

Maturity

^[2],[3],[9]

Apr. 30, 2026

Principal

^[2],[3],[9]

$ 4,886,506

Cost

^{[2],[3],[9],[10]}

4,799,191

Fair Value

^{[1],[2],[3],[9]}

$ 4,896,278

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

13.23%

Maturity

^[2],[3],[9]

Sep. 03, 2027

Principal

^[2],[3],[9]

$ 4,809,535

Cost

^{[2],[3],[9],[10]}

4,766,503

Fair Value

^{[1],[2],[3],[9]}

$ 4,674,868

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.00%

Spread

^[4],[5]

7.75%

Total Coupon

^[4],[5]

12.48%

Maturity

^[4],[5]

Sep. 03, 2027

Principal

^[4],[5]

$ 4,809,535

Cost

^[4],[5],[11]

4,762,954

Fair Value

^[4],[5],[12]

$ 4,756,630

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.79%

Maturity

^{[2],[3],[9],[15]}

Sep. 08, 2027

Principal

^{[2],[3],[9],[15]}

$ 81,168

Cost

^{[2],[3],[9],[10],[15]}

80,014

Fair Value

^{[1],[2],[3],[9],[15]}

$ 73,362

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.98%

Maturity

^[4],[5]

Sep. 08, 2027

Principal

^[4],[5]

$ 54,686

Cost

^[4],[5],[11]

53,168

Fair Value

^[4],[5],[12]

$ 46,158

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.72%

Maturity

^{[2],[3],[9],[15]}

Sep. 08, 2027

Principal

^{[2],[3],[9],[15]}

$ 273,311

Cost

^{[2],[3],[9],[10],[15]}

270,289

Fair Value

^{[1],[2],[3],[9],[15]}

$ 265,505

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.98%

Maturity

^[4],[5]

Sep. 08, 2027

Principal

^[4],[5]

$ 103,311

Cost

^[4],[5],[11]

100,015

Fair Value

^[4],[5],[12]

$ 94,783

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.79%

Maturity

^[2],[3],[9]

Sep. 08, 2027

Principal

^[2],[3],[9]

$ 2,833,333

Cost

^{[2],[3],[9],[10]}

2,801,462

Fair Value

^{[1],[2],[3],[9]}

$ 2,753,717

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.98%

Maturity

^[4],[5]

Sep. 08, 2027

Principal

^[4],[5]

$ 2,833,333

Cost

^[4],[5],[11]

2,798,816

Fair Value

^[4],[5],[12]

$ 2,746,350

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.76%

Maturity

^[2],[3],[9]

Mar. 30, 2029

Principal

^[2],[3],[9]

$ 5,131,318

Cost

^{[2],[3],[9],[10]}

5,005,624

Fair Value

^{[1],[2],[3],[9]}

$ 5,049,217

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[18],[19]}

1.00%

Spread

^{[4],[5],[13],[18],[19]}

7.50%

Total Coupon

^{[4],[5],[13],[18],[19]}

12.12%

Maturity

^{[4],[5],[13],[18],[19]}

Jan. 06, 2026

Principal

^{[4],[5],[13],[18],[19]}

$ 961,395

Cost

^{[4],[5],[11],[13],[18],[19]}

952,144

Fair Value

^{[4],[5],[12],[13],[18],[19]}

$ 951,973

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[20],[21]}

7.50%

Total Coupon

^{[2],[3],[9],[20],[21]}

12.99%

Maturity

^{[2],[3],[9],[20],[21]}

Jan. 06, 2026

Principal

^{[2],[3],[9],[20],[21]}

$ 961,395

Cost

^{[2],[3],[9],[10],[20],[21]}

953,620

Fair Value

^{[1],[2],[3],[9],[20],[21]}

$ 958,511

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5]

7.50%

Total Coupon

^[4],[5]

11.37%

Maturity

^[4],[5]

Jan. 06, 2026

Principal

^[4],[5]

$ 1,893,754

Cost

^[4],[5],[11]

1,878,821

Fair Value

^[4],[5],[12]

$ 1,875,195

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[20],[21]}

7.50%

Total Coupon

^{[2],[3],[9],[20],[21]}

12.70%

Maturity

^{[2],[3],[9],[20],[21]}

Jan. 06, 2026

Principal

^{[2],[3],[9],[20],[21]}

$ 1,893,754

Cost

^{[2],[3],[9],[10],[20],[21]}

1,881,974

Fair Value

^{[1],[2],[3],[9],[20],[21]}

$ 1,888,072

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.50%

Total Coupon

^{[4],[5],[13],[14]}

10.90%

Maturity

^{[4],[5],[13],[14]}

Aug. 30, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(762)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (1,220)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

7.00%

Total Coupon

^{[2],[3],[9],[15]}

12.13%

Maturity

^{[2],[3],[9],[15]}

May 22, 2029

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(10,533)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (10,179)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[22]}

3.75%

Interest Rate, Cash

^{[4],[5],[13],[22]}

3.25%

Total Coupon

^{[4],[5],[13],[22]}

11.40%

Maturity

^{[4],[5],[13],[22]}

Aug. 30, 2028

Principal

^{[4],[5],[13],[22]}

$ 362,133

Cost

^{[4],[5],[11],[13],[22]}

354,405

Fair Value

^{[4],[5],[12],[13],[22]}

$ 349,821

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[17]}

4.00%

Interest Rate, Cash

^{[2],[3],[9],[17]}

3.50%

Total Coupon

^{[2],[3],[9],[17]}

12.63%

Maturity

^{[2],[3],[9],[17]}

May 22, 2029

Principal

^{[2],[3],[9],[17]}

$ 4,464,286

Cost

^{[2],[3],[9],[10],[17]}

4,375,654

Fair Value

^{[1],[2],[3],[9],[17]}

$ 4,379,464

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

0.75%

Interest Rate, PIK

^{[4],[5],[13],[22]}

4.30%

Interest Rate, Cash

^{[4],[5],[13],[22]}

2.58%

Total Coupon

^{[4],[5],[13],[22]}

11.40%

Maturity

^{[4],[5],[13],[22]}

Jul. 09, 2029

Principal

^{[4],[5],[13],[22]}

$ 1,513,252

Cost

^{[4],[5],[11],[13],[22]}

1,484,207

Fair Value

^{[4],[5],[12],[13],[22]}

$ 1,464,827

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.25%

Total Coupon

^{[4],[5],[13],[14]}

10.83%

Maturity

^{[4],[5],[13],[14]}

Jul. 09, 2029

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(6,532)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (11,160)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.47%

Maturity

^{[2],[3],[9],[15]}

Jul. 09, 2029

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(6,037)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (2,337)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

0.75%

Interest Rate, PIK

^{[4],[5],[13],[22]}

4.30%

Interest Rate, Cash

^{[4],[5],[13],[22]}

2.58%

Total Coupon

^{[4],[5],[13],[22]}

11.46%

Maturity

^{[4],[5],[13],[22]}

Jul. 09, 2029

Principal

^{[4],[5],[13],[22]}

$ 1,958,707

Cost

^{[4],[5],[11],[13],[22]}

1,922,412

Fair Value

^{[4],[5],[12],[13],[22]}

$ 1,896,028

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[17]}

4.30%

Interest Rate, Cash

^{[2],[3],[9],[17]}

2.58%

Total Coupon

^{[2],[3],[9],[17]}

12.12%

Maturity

^{[2],[3],[9],[17]}

Jul. 09, 2029

Principal

^{[2],[3],[9],[17]}

$ 2,001,487

Cost

^{[2],[3],[9],[10],[17]}

1,968,068

Fair Value

^{[1],[2],[3],[9],[17]}

$ 1,988,077

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[17]}

4.30%

Interest Rate, Cash

^{[2],[3],[9],[17]}

2.58%

Total Coupon

^{[2],[3],[9],[17]}

12.10%

Maturity

^{[2],[3],[9],[17]}

Jul. 09, 2029

Principal

^{[2],[3],[9],[17]}

$ 1,546,457

Cost

^{[2],[3],[9],[10],[17]}

1,519,368

Fair Value

^{[1],[2],[3],[9],[17]}

$ 1,536,096

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

7.25%

Total Coupon

^{[4],[5],[13],[14]}

11.55%

Maturity

^{[4],[5],[13],[14]}

May 06, 2026

Principal

^{[4],[5],[13],[14]}

$ 923,630

Cost

^{[4],[5],[11],[13],[14]}

910,497

Fair Value

^{[4],[5],[12],[13],[14]}

$ 905,004

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

7.25%

Total Coupon

^{[2],[3],[9],[15]}

12.58%

Maturity

^{[2],[3],[9],[15]}

May 06, 2026

Principal

^{[2],[3],[9],[15]}

$ 1,539,384

Cost

^{[2],[3],[9],[10],[15]}

1,528,197

Fair Value

^{[1],[2],[3],[9],[15]}

$ 1,522,758

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

7.25%

Total Coupon

^[4],[5],[13]

12.23%

Maturity

^[4],[5],[13]

May 06, 2026

Principal

^[4],[5],[13]

$ 1,539,384

Cost

^{[4],[5],[11],[13]}

1,525,409

Fair Value

^{[4],[5],[12],[13]}

$ 1,520,757

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.25%

Total Coupon

^[2],[3],[9]

12.58%

Maturity

^[2],[3],[9]

May 06, 2026

Principal

^[2],[3],[9]

$ 1,539,384

Cost

^{[2],[3],[9],[10]}

1,527,175

Fair Value

^{[1],[2],[3],[9]}

$ 1,522,758

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[14],[22]}

3.00%

Interest Rate, Cash

^{[4],[5],[13],[14],[22]}

3.00%

Total Coupon

^{[4],[5],[13],[14],[22]}

10.28%

Maturity

^{[4],[5],[13],[14],[22]}

Dec. 17, 2027

Principal

^{[4],[5],[13],[14],[22]}

$ 0

Cost

^{[4],[5],[11],[13],[14],[22]}

(1,748)

Fair Value

^{[4],[5],[12],[13],[14],[22]}

$ (8,000)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

3.00%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

3.00%

Total Coupon

^{[2],[3],[9],[15],[17]}

11.19%

Maturity

^{[2],[3],[9],[15],[17]}

Dec. 17, 2027

Principal

^{[2],[3],[9],[15],[17]}

$ 100,000

Cost

^{[2],[3],[9],[10],[15],[17]}

97,705

Fair Value

^{[1],[2],[3],[9],[15],[17]}

$ 90,507

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.28%

Maturity

^{[4],[5],[13],[14]}

Dec. 17, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(2,208)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (4,000)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.19%

Maturity

^{[2],[3],[9],[15]}

Dec. 17, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(1,997)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (4,747)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22],[34]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[22],[34]}

3.00%

Interest Rate, Cash

^{[4],[5],[13],[22],[34]}

3.00%

Total Coupon

^{[4],[5],[13],[22],[34]}

10.34%

Maturity

^{[4],[5],[13],[22],[34]}

Dec. 17, 2027

Principal

^{[4],[5],[13],[22],[34]}

$ 1,837,108

Cost

^{[4],[5],[11],[13],[22],[34]}

1,796,699

Fair Value

^{[4],[5],[12],[13],[22],[34]}

$ 1,781,995

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[16],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[16],[17]}

3.00%

Interest Rate, Cash

^{[2],[3],[9],[16],[17]}

3.00%

Total Coupon

^{[2],[3],[9],[16],[17]}

11.20%

Maturity

^{[2],[3],[9],[16],[17]}

Dec. 17, 2027

Principal

^{[2],[3],[9],[16],[17]}

$ 1,865,874

Cost

^{[2],[3],[9],[10],[16],[17]}

1,829,377

Fair Value

^{[1],[2],[3],[9],[16],[17]}

$ 1,799,449

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

8.00%

Total Coupon

^[4],[5],[13]

10.93%

Maturity

^[4],[5],[13]

Aug. 05, 2028

Principal

^[4],[5],[13]

$ 7,017,052

Cost

^{[4],[5],[11],[13]}

6,847,683

Fair Value

^{[4],[5],[12],[13]}

$ 6,779,876

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

8.00%

Total Coupon

^[2],[3],[9]

13.07%

Maturity

^[2],[3],[9]

Aug. 05, 2028

Principal

^[2],[3],[9]

$ 7,017,052

Cost

^{[2],[3],[9],[10]}

6,861,264

Fair Value

^{[1],[2],[3],[9]}

$ 6,852,152

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

2.50%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

3.75%

Total Coupon

^[2],[3],[9]

11.36%

Maturity

^[2],[3],[9]

Jun. 25, 2029

Principal

^[2],[3],[9]

$ 27,757

Cost

^{[2],[3],[9],[10]}

24,841

Fair Value

^{[1],[2],[3],[9]}

$ 15,471

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

5.75%

Total Coupon

^{[4],[5],[13],[14]}

10.33%

Maturity

^{[4],[5],[13],[14]}

Jun. 25, 2029

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(3,158)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (13,651)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

2.50%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

3.75%

Total Coupon

^[2],[3],[9]

11.36%

Maturity

^[2],[3],[9]

Jun. 25, 2029

Principal

^[2],[3],[9]

$ 113,760

Cost

^{[2],[3],[9],[10]}

107,915

Fair Value

^{[1],[2],[3],[9]}

$ 101,474

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

5.75%

Total Coupon

^{[4],[5],[13],[14]}

10.33%

Maturity

^{[4],[5],[13],[14]}

Jun. 25, 2029

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(6,318)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (13,651)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

2.50%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

3.75%

Total Coupon

^[2],[3],[9]

11.35%

Maturity

^[2],[3],[9]

Jun. 25, 2029

Principal

^[2],[3],[9]

$ 7,444,189

Cost

^{[2],[3],[9],[10]}

7,345,047

Fair Value

^{[1],[2],[3],[9]}

$ 7,243,196

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

5.75%

Total Coupon

^[4],[5],[13]

10.33%

Maturity

^[4],[5],[13]

Jun. 25, 2029

Principal

^[4],[5],[13]

$ 7,444,189

Cost

^{[4],[5],[11],[13]}

7,337,399

Fair Value

^{[4],[5],[12],[13]}

$ 7,220,864

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[22]}

3.25%

Interest Rate, Cash

^{[4],[5],[13],[22]}

5.50%

Total Coupon

^{[4],[5],[13],[22]}

12.99%

Maturity

^{[4],[5],[13],[22]}

Nov. 01, 2027

Principal

^{[4],[5],[13],[22]}

$ 2,100,294

Cost

^{[4],[5],[11],[13],[22]}

2,058,551

Fair Value

^{[4],[5],[12],[13],[22]}

$ 2,058,288

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[17]}

3.25%

Interest Rate, Cash

^{[2],[3],[9],[17]}

5.50%

Total Coupon

^{[2],[3],[9],[17]}

14.02%

Maturity

^{[2],[3],[9],[17]}

Nov. 01, 2027

Principal

^{[2],[3],[9],[17]}

$ 2,134,656

Cost

^{[2],[3],[9],[10],[17]}

2,094,476

Fair Value

^{[1],[2],[3],[9],[17]}

$ 2,113,949

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

7.50%

Total Coupon

^[4],[5],[13]

11.49%

Maturity

^[4],[5],[13]

Sep. 15, 2025

Principal

^[4],[5],[13]

$ 2,349,466

Cost

^{[4],[5],[11],[13]}

2,318,584

Fair Value

^{[4],[5],[12],[13]}

$ 2,289,789

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

13.15%

Maturity

^[2],[3],[9]

Sep. 15, 2025

Principal

^[2],[3],[9]

$ 2,349,466

Cost

^{[2],[3],[9],[10]}

2,325,368

Fair Value

^{[1],[2],[3],[9]}

$ 2,277,572

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

12.95%

Maturity

^[2],[3],[9]

Sep. 24, 2026

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(1,397)

Fair Value

^{[1],[2],[3],[9]}

$ (1,389)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

7.00%

Total Coupon

^[4],[5],[13]

11.38%

Maturity

^[4],[5],[13]

Sep. 24, 2026

Principal

^[4],[5],[13]

$ 1,543,315

Cost

^{[4],[5],[11],[13]}

1,519,175

Fair Value

^{[4],[5],[12],[13]}

$ 1,481,582

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

7.75%

Total Coupon

^[2],[3],[9]

12.95%

Maturity

^[2],[3],[9]

Sep. 24, 2026

Principal

^[2],[3],[9]

$ 1,608,107

Cost

^{[2],[3],[9],[10]}

1,586,095

Fair Value

^{[1],[2],[3],[9]}

$ 1,577,392

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[18],[19]}

1.00%

Spread

^{[4],[5],[13],[14],[18],[19]}

6.50%

Total Coupon

^{[4],[5],[13],[14],[18],[19]}

10.71%

Maturity

^{[4],[5],[13],[14],[18],[19]}

May 09, 2028

Principal

^{[4],[5],[13],[14],[18],[19]}

$ 0

Cost

^{[4],[5],[11],[13],[14],[18],[19]}

(10,516)

Fair Value

^{[4],[5],[12],[13],[14],[18],[19]}

$ (17,476)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[15],[20],[21]}

6.50%

Total Coupon

^{[2],[3],[9],[15],[20],[21]}

11.54%

Maturity

^{[2],[3],[9],[15],[20],[21]}

May 09, 2028

Principal

^{[2],[3],[9],[15],[21],[23]}

$ 0

Cost

^{[2],[3],[9],[10],[17],[20],[21]}

(9,543)

Fair Value

^{[1],[2],[3],[9],[15],[20],[21]}

$ (5,413)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[18],[19],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[18],[19],[22]}

3.50%

Interest Rate, Cash

^{[4],[5],[13],[18],[19],[22]}

3.00%

Total Coupon

^{[4],[5],[13],[18],[19],[22]}

10.71%

Maturity

^{[4],[5],[13],[18],[19],[22]}

May 09, 2028

Principal

^{[4],[5],[13],[18],[19],[22]}

$ 5,645,032

Cost

^{[4],[5],[11],[13],[18],[19],[22]}

5,541,077

Fair Value

^{[4],[5],[12],[13],[18],[19],[22]}

$ 5,477,375

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17],[20],[21]}

1.00%

Interest Rate, PIK

^{[2],[3],[9],[17],[20],[21]}

3.50%

Interest Rate, Cash

^{[2],[3],[9],[17],[20],[21]}

3.00%

Total Coupon

^{[2],[3],[9],[17],[20],[21]}

11.54%

Maturity

^{[2],[3],[9],[17],[20],[21]}

May 09, 2028

Principal

^{[2],[3],[9],[17],[20],[21]}

$ 5,873,287

Cost

^{[2],[3],[9],[10],[17],[20],[21]}

5,775,615

Fair Value

^{[1],[2],[3],[9],[17],[20],[21]}

$ 5,819,252

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[18],[19],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[14],[18],[19],[22]}

3.00%

Interest Rate, Cash

^{[4],[5],[13],[14],[18],[19],[22]}

4.50%

Total Coupon

^{[4],[5],[13],[14],[18],[19],[22]}

12.25%

Maturity

^{[4],[5],[13],[14],[18],[19],[22]}

Mar. 31, 2027

Principal

^{[4],[5],[13],[14],[18],[19],[22]}

$ 0

Cost

^{[4],[5],[11],[13],[14],[18],[19],[22]}

(5,816)

Fair Value

^{[4],[5],[12],[13],[14],[18],[19],[22]}

$ (7,373)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[17],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[15],[20],[21]}

7.00%

Total Coupon

^{[2],[3],[9],[15],[20],[21]}

12.89%

Maturity

^{[2],[3],[9],[15],[20],[21]}

Mar. 31, 2027

Principal

^{[2],[3],[9],[15],[21],[23]}

$ 0

Cost

^{[2],[3],[9],[10],[17],[20],[21]}

(5,135)

Fair Value

^{[1],[2],[3],[9],[15],[20],[21]}

$ (7,373)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[18],[19],[22]}

1.00%

Interest Rate, PIK

^{[4],[5],[13],[18],[19],[22]}

3.00%

Interest Rate, Cash

^{[4],[5],[13],[18],[19],[22]}

4.50%

Total Coupon

^{[4],[5],[13],[18],[19],[22]}

12.25%

Maturity

^{[4],[5],[13],[18],[19],[22]}

Mar. 31, 2027

Principal

^{[4],[5],[13],[18],[19],[22]}

$ 3,799,349

Cost

^{[4],[5],[11],[13],[18],[19],[22]}

3,742,283

Fair Value

^{[4],[5],[12],[13],[18],[19],[22]}

$ 3,730,961

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[15],[20],[21]}

7.00%

Total Coupon

^{[2],[3],[9],[15],[20],[21]}

12.89%

Maturity

^{[2],[3],[9],[15],[20],[21]}

Mar. 31, 2027

Principal

^{[2],[3],[9],[17],[20],[21]}

$ 3,828,161

Cost

^{[2],[3],[9],[10],[17],[20],[21]}

3,778,273

Fair Value

^{[1],[2],[3],[9],[15],[20],[21]}

$ 3,759,254

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^[2],[3],[9]

10.99%

Maturity

^[2],[3],[9]

Aug. 31, 2027

Principal

^[2],[3],[9]

$ 0

Cost

^{[2],[3],[9],[10]}

(4,140)

Fair Value

^{[1],[2],[3],[9]}

$ (7,237)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

1.00%

Spread

^{[4],[5],[13],[14]}

6.13%

Total Coupon

^{[4],[5],[13],[14]}

10.85%

Maturity

^{[4],[5],[13],[14]}

Aug. 31, 2026

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(5,050)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (5,601)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

5.75%

Total Coupon

^{[2],[3],[9],[15]}

10.99%

Maturity

^{[2],[3],[9],[15]}

Aug. 31, 2026

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(4,372)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (6,918)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.13%

Total Coupon

^[4],[5],[13]

10.85%

Maturity

^[4],[5],[13]

Aug. 31, 2027

Principal

^[4],[5],[13]

$ 4,616,646

Cost

^{[4],[5],[11],[13]}

4,536,715

Fair Value

^{[4],[5],[12],[13]}

$ 4,538,163

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

5.75%

Total Coupon

^[2],[3],[9]

10.99%

Maturity

^[2],[3],[9]

Aug. 31, 2027

Principal

^[2],[3],[9]

$ 6,054,235

Cost

^{[2],[3],[9],[10]}

5,945,747

Fair Value

^{[1],[2],[3],[9]}

$ 5,927,096

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

6.50%

Total Coupon

^[4],[5],[13]

10.82%

Maturity

^[4],[5],[13]

Aug. 02, 2027

Principal

^[4],[5],[13]

$ 7,652,145

Cost

^{[4],[5],[11],[13]}

7,502,382

Fair Value

^{[4],[5],[12],[13]}

$ 7,422,580

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

6.50%

Total Coupon

^[2],[3],[9]

11.60%

Maturity

^[2],[3],[9]

Aug. 02, 2027

Principal

^[2],[3],[9]

$ 7,613,616

Cost

^{[2],[3],[9],[10]}

7,477,716

Fair Value

^{[1],[2],[3],[9]}

$ 7,446,117

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[20],[21]

1.00%

Spread

^[20],[21]

8.00%

Total Coupon

^[20],[21]

13.26%

Maturity

^[20],[21]

Mar. 15, 2028

Principal

^[20],[21]

$ 2,236,105

Cost

^{[10],[20],[21]}

2,193,106

Fair Value

^[20],[21]

$ 2,193,619

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

3.50%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

3.50%

Total Coupon

^{[2],[3],[9],[15],[17]}

12.25%

Maturity

^{[2],[3],[9],[15],[17]}

Nov. 22, 2028

Principal

^{[2],[3],[9],[15],[17]}

$ 0

Cost

^{[2],[3],[9],[10],[15],[17]}

(11,665)

Fair Value

^{[1],[2],[3],[9],[17]}

$ (3,893)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.50%

Total Coupon

^{[4],[5],[13],[14]}

11.04%

Maturity

^{[4],[5],[13],[14]}

Nov. 22, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(12,739)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (25,952)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.50%

Total Coupon

^{[4],[5],[13],[14]}

11.04%

Maturity

^{[4],[5],[13],[14]}

Nov. 22, 2028

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(10,499)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (10,686)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[3],[9],[15]

0.75%

Spread

^{[2],[3],[9],[15]}

6.50%

Total Coupon

^{[2],[3],[9],[15]}

11.75%

Maturity

^{[2],[3],[9],[15]}

Nov. 22, 2028

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15],[17]}

(9,632)

Fair Value

^{[1],[2],[3],[9],[17]}

$ (1,603)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[17]}

3.50%

Interest Rate, Cash

^{[2],[3],[9],[17]}

3.50%

Total Coupon

^{[2],[3],[9],[17]}

12.25%

Maturity

^{[2],[3],[9],[17]}

Nov. 22, 2028

Principal

^{[2],[3],[9],[17]}

$ 5,235,769

Cost

^{[2],[3],[9],[10],[17]}

5,141,742

Fair Value

^{[1],[2],[3],[9],[17]}

$ 5,220,062

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.75%

Spread

^[4],[5],[13]

6.50%

Total Coupon

^[4],[5],[13]

11.04%

Maturity

^[4],[5],[13]

Nov. 22, 2028

Principal

^[4],[5],[13]

$ 5,190,354

Cost

^{[4],[5],[11],[13]}

5,086,883

Fair Value

^{[4],[5],[12],[13]}

$ 5,086,547

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14],[22]}

0.75%

Interest Rate, PIK

^{[4],[5],[13],[14],[22]}

4.50%

Interest Rate, Cash

^{[4],[5],[13],[14],[22]}

2.00%

Total Coupon

^{[4],[5],[13],[14],[22]}

10.85%

Maturity

^{[4],[5],[13],[14],[22]}

Dec. 21, 2027

Principal

^{[4],[5],[13],[14],[22]}

$ 0

Cost

^{[4],[5],[11],[13],[14],[22]}

(2,442)

Fair Value

^{[4],[5],[12],[13],[14],[22]}

$ (22,963)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[3],[9],[15],[17]}

0.75%

Interest Rate, PIK

^{[2],[3],[9],[15],[17]}

4.50%

Interest Rate, Cash

^{[2],[3],[9],[15],[17]}

2.00%

Total Coupon

^{[2],[3],[9],[15],[17]}

11.65%

Maturity

^{[2],[3],[9],[15],[17]}

Dec. 21, 2027

Principal

^{[2],[3],[9],[15],[17]}

$ 0

Cost

^{[2],[3],[9],[10],[15],[17]}

(1,832)

Fair Value

^{[1],[2],[3],[9],[15],[17]}

$ (18,889)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[14]}

0.75%

Spread

^{[4],[5],[13],[14]}

6.00%

Total Coupon

^{[4],[5],[13],[14]}

10.35%

Maturity

^{[4],[5],[13],[14]}

Dec. 21, 2027

Principal

^{[4],[5],[13],[14]}

$ 0

Cost

^{[4],[5],[11],[13],[14]}

(2,458)

Fair Value

^{[4],[5],[12],[13],[14]}

$ (9,185)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[3],[9],[15]

0.75%

Spread

^{[2],[3],[9],[15]}

6.00%

Total Coupon

^{[2],[3],[9],[15]}

11.15%

Maturity

^{[2],[3],[9],[15]}

Dec. 21, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(2,214)

Fair Value

^{[1],[2],[3],[9],[15]}

$ (7,556)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[22]}

0.75%

Interest Rate, PIK

^{[4],[5],[13],[22]}

4.50%

Interest Rate, Cash

^{[4],[5],[13],[22]}

2.00%

Total Coupon

^{[4],[5],[13],[22]}

10.85%

Maturity

^{[4],[5],[13],[22]}

Dec. 21, 2027

Principal

^{[4],[5],[13],[22]}

$ 1,550,239

Cost

^{[4],[5],[11],[13],[22]}

1,524,752

Fair Value

^{[4],[5],[12],[13],[22]}

1,454,124

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[3],[9],[17]

0.75%

Interest Rate, PIK

^{[2],[3],[9],[17]}

4.50%

Interest Rate, Cash

^{[2],[3],[9],[17]}

2.00%

Total Coupon

^{[2],[3],[9],[17]}

11.65%

Maturity

^{[2],[3],[9],[17]}

Dec. 21, 2027

Principal

^{[2],[3],[9],[17]}

$ 1,586,831

Cost

^{[2],[3],[9],[10],[17]}

1,563,715

Fair Value

^{[1],[2],[3],[9],[17]}

1,505,902

Investment, Identifier [Axis]: Debt Investments | Specialty Retail

Schedule Of Investments [Line Items]

Cost

11,026,330

^{[2],[3],[9],[10]}

11,424,472

^{[4],[5],[11],[13]}

Fair Value

$ 10,658,045

^{[1],[2],[3],[9]}

$ 11,115,033

^{[4],[5],[12],[13]}

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.00%

Spread

^[2],[3],[9]

9.75%

Total Coupon

^[2],[3],[9]

9.75%

Maturity

^[2],[3],[9]

Feb. 19, 2025

Principal

^[2],[3],[9]

$ 1,000,000

Cost

^{[2],[3],[9],[10]}

988,074

Fair Value

^{[1],[2],[3],[9]}

$ 988,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

0.00%

Spread

^[4],[5],[13]

9.75%

Total Coupon

^[4],[5],[13]

9.75%

Maturity

^[4],[5],[13]

Feb. 19, 2025

Principal

^[4],[5],[13]

$ 1,000,000

Cost

^{[4],[5],[11],[13]}

984,665

Fair Value

^{[4],[5],[12],[13]}

$ 916,000

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[24]}

0.00%

Spread

^{[4],[5],[13],[24]}

5.50%

Total Coupon

^{[4],[5],[13],[24]}

10.23%

Maturity

^{[4],[5],[13],[24]}

Feb. 12, 2025

Principal

^{[4],[5],[13],[24]}

$ 3,678,280

Cost

^{[4],[5],[11],[13],[24]}

3,399,559

Fair Value

^{[4],[5],[12],[13],[24]}

$ 3,387,070

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[23]}

0.00%

Spread

^{[2],[3],[9],[23]}

5.50%

Total Coupon

^{[2],[3],[9],[23]}

11.04%

Maturity

^{[2],[3],[9],[23]}

Feb. 12, 2025

Principal

^{[2],[3],[9],[23]}

$ 3,574,667

Cost

^{[2],[3],[9],[10],[23]}

3,363,498

Fair Value

^{[1],[2],[3],[9],[23]}

$ 3,443,584

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[13]

1.00%

Spread

^[4],[5],[13]

6.00%

Total Coupon

^[4],[5],[13]

10.29%

Maturity

^[4],[5],[13]

Jul. 02, 2026

Principal

^[4],[5],[13]

$ 7,147,915

Cost

^{[4],[5],[11],[13]}

7,040,248

Fair Value

^{[4],[5],[12],[13]}

$ 6,811,963

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.00%

Total Coupon

^[2],[3],[9]

11.15%

Maturity

^[2],[3],[9]

Jul. 02, 2026

Principal

^[2],[3],[9]

$ 6,760,544

Cost

^{[2],[3],[9],[10]}

6,674,758

Fair Value

^{[1],[2],[3],[9]}

$ 6,226,461

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[13],[18],[19]}

1.00%

Spread

^{[4],[5],[13],[18],[19]}

7.00%

Total Coupon

^{[4],[5],[13],[18],[19]}

11.68%

Maturity

^{[4],[5],[13],[18],[19]}

Feb. 17, 2026

Principal

^{[4],[5],[13],[18],[19]}

$ 10,842,857

Cost

^{[4],[5],[11],[13],[18],[19]}

10,679,921

Fair Value

^{[4],[5],[12],[13],[18],[19]}

10,452,514

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

1.00%

Spread

^{[2],[3],[9],[20],[21]}

7.00%

Total Coupon

^{[2],[3],[9],[20],[21]}

12.37%

Maturity

^{[2],[3],[9],[20],[21]}

Feb. 17, 2026

Principal

^{[2],[3],[9],[20],[21]}

$ 10,842,857

Cost

^{[2],[3],[9],[10],[20],[21]}

10,716,567

Fair Value

^{[1],[2],[3],[9],[20],[21]}

10,691,057

Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods

Schedule Of Investments [Line Items]

Cost

9,731,162

^{[2],[3],[9],[10]}

9,719,530

^[4],[5],[11]

Fair Value

$ 9,912,646

^{[1],[2],[3],[9]}

$ 9,821,542

^[4],[5],[12]

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

1.00%

Spread

^[4],[5],[14]

6.25%

Total Coupon

^[4],[5],[14]

10.93%

Maturity

^[4],[5],[14]

Sep. 08, 2027

Principal

^[4],[5]

$ 0

Cost

^{[4],[5],[11],[14]}

(18,354)

Fair Value

^{[4],[5],[12],[14]}

$ (5,301)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[15]}

1.00%

Spread

^{[2],[3],[9],[15]}

6.25%

Total Coupon

^{[2],[3],[9],[15]}

11.38%

Maturity

^{[2],[3],[9],[15]}

Sep. 08, 2027

Principal

^{[2],[3],[9],[15]}

$ 0

Cost

^{[2],[3],[9],[10],[15]}

(16,422)

Fair Value

^{[1],[2],[3],[9],[15]}

$ 0

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

1.00%

Spread

^[4],[5]

6.25%

Total Coupon

^[4],[5]

10.93%

Maturity

^[4],[5]

Sep. 08, 2027

Principal

^[4],[5]

$ 9,862,348

Cost

^[4],[5],[11]

9,737,884

Fair Value

^[4],[5],[12]

9,826,843

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

1.00%

Spread

^[2],[3],[9]

6.25%

Total Coupon

^[2],[3],[9]

11.38%

Maturity

^[2],[3],[9]

Sep. 08, 2027

Principal

^[2],[3],[9]

$ 9,862,348

Cost

^{[2],[3],[9],[10]}

9,747,584

Fair Value

^{[1],[2],[3],[9]}

$ 9,912,646

Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors

Schedule Of Investments [Line Items]

Cost

^[4],[5],[11]

3,472,874

Fair Value

^[4],[5],[12]

$ 3,342,087

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5],[14]

0.75%

Spread

^[4],[5],[14]

7.50%

Total Coupon

^[4],[5],[14]

11.88%

Maturity

^[4],[5],[14]

Apr. 08, 2027

Principal

^[4],[5]

$ 0

Cost

^{[4],[5],[11],[14]}

(7,181)

Fair Value

^{[4],[5],[12],[14]}

$ (49,315)

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[4],[5]

0.75%

Spread

^[4],[5]

7.50%

Total Coupon

^[4],[5]

11.88%

Maturity

^[4],[5]

Apr. 08, 2027

Principal

^[4],[5]

$ 3,539,347

Cost

^[4],[5],[11]

3,480,055

Fair Value

^[4],[5],[12]

$ 3,391,402

Schedule Of Investments [Line Items]

Interest Rate, Floor

^[2],[3],[9]

0.75%

Spread

^[2],[3],[9]

7.50%

Total Coupon

^[2],[3],[9]

12.70%

Maturity

^[2],[3],[9]

Apr. 08, 2027

Principal

^[2],[3],[9]

$ 3,539,347

Cost

^{[2],[3],[9],[10]}

3,487,292

Fair Value

^{[1],[2],[3],[9]}

$ 3,451,925

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[4],[5],[18],[19]}

0.75%

Spread

^{[4],[5],[18],[19]}

6.25%

Total Coupon

^{[4],[5],[18],[19]}

10.98%

Maturity

^{[4],[5],[18],[19]}

Sep. 17, 2026

Principal

^{[4],[5],[18],[19]}

$ 4,937,500

Cost

^{[4],[5],[11],[18],[19]}

4,841,489

Fair Value

^{[4],[5],[12],[18],[19]}

$ 4,781,475

Schedule Of Investments [Line Items]

Interest Rate, Floor

^{[2],[3],[9],[20],[21]}

0.75%

Spread

^{[2],[3],[9],[20],[21]}

6.25%

Total Coupon

^{[2],[3],[9],[20],[21]}

11.79%

Maturity

^{[2],[3],[9],[20],[21]}

Sep. 17, 2026

Principal

^{[2],[3],[9],[20],[21]}

$ 4,912,500

Cost

^{[2],[3],[9],[10],[20],[21]}

4,826,782

Fair Value

^{[1],[2],[3],[9],[20],[21]}

$ 4,840,286

Investment, Identifier [Axis]: Equity Securities

Schedule Of Investments [Line Items]

Total Debt Investment

1.20%

3.20%

Cost

$ 59,187,489

^[2],[3],[10]

$ 59,765,957

^[4],[5]

Fair Value

3,931,932

^[1],[2],[3]

10,223,080

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Capital Markets

Schedule Of Investments [Line Items]

Cost

1,862,881

^[2],[3],[10]

1,862,881

^[4],[5]

Fair Value

36,007

^[1],[2],[3]

38,478

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marico Holdings, LLC | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

^[4],[5]

1,848,077

Fair Value

^[4],[5]

$ 0

^[4],[5]

91,445

Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marsico Holdings, LLC | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

^{[2],[3],[10],[36],[37]}

1,848,077

Fair Value

^{[1],[2],[3],[36],[37]}

$ 0

^{[2],[3],[36],[37]}

91,445

Investment, Identifier [Axis]: Equity Securities | Capital Markets | Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Expiration 2/7/2030

Schedule Of Investments [Line Items]

Maturity

Feb. 07, 2030

^{[2],[3],[36],[37]}

Feb. 07, 2030

^[4],[5]

Cost

$ 14,804

^{[2],[3],[10],[36],[37]}

$ 14,804

^[4],[5]

Fair Value

$ 36,007

^{[1],[2],[3],[36],[37]}

$ 38,478

^[4],[5]

162

^{[2],[3],[36],[37]}

162

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Chemicals

Schedule Of Investments [Line Items]

Cost

$ 1,139,598

^[2],[3],[10]

$ 1,139,597

^[4],[5]

Fair Value

^[1],[2],[3]

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class A Preferred Stock

Schedule Of Investments [Line Items]

Cost

1,139,598

^{[2],[3],[10],[36],[37],[38]}

1,139,597

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[36],[37],[38]}

$ 0

^[4],[5]

4,195,600

^{[2],[3],[36],[37],[38]}

4,195,600

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class B Preferred Stock

Schedule Of Investments [Line Items]

Cost

$ 0

^{[2],[3],[10],[36],[37],[38]}

$ 0

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[36],[37],[38]}

$ 0

^{[4],[5],[33],[39]}

2,936,920

^{[2],[3],[36],[37],[38]}

2,936,920

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class C Common Stock

Schedule Of Investments [Line Items]

Cost

$ 0

^{[2],[3],[10],[36],[37],[38]}

$ 0

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[36],[37],[38]}

$ 0

^[4],[5]

2,307,580

^{[2],[3],[36],[37],[38]}

2,307,580

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services

Schedule Of Investments [Line Items]

Cost

$ 0

^[2],[3],[10]

$ 0

^[4],[5]

Fair Value

$ 1,072,876

^[1],[2],[3]

$ 1,431,195

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Common Stock | Expiration 3/14/2032

Schedule Of Investments [Line Items]

Maturity

Mar. 14, 2032

^{[2],[3],[36],[37]}

Mar. 14, 2032

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 31,540

^{[1],[2],[3],[36],[37]}

$ 31,965

^[4],[5]

66,428

^{[2],[3],[36],[37]}

66,428

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Preferred Stock | Expiration 3/14/2032

Schedule Of Investments [Line Items]

Maturity

Mar. 14, 2032

^{[2],[3],[36],[37]}

Mar. 14, 2032

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 25,402

^{[1],[2],[3],[36],[37]}

$ 25,645

^[4],[5]

33,214

^{[2],[3],[36],[37]}

33,214

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | MXP Prime Platform GmbH (SellerX) (Germany) | Warrants to Purchase Preferred Series B Shares | Expiration 11/23/2028

Schedule Of Investments [Line Items]

Maturity

Nov. 23, 2028

^{[2],[3],[20],[21],[36],[37]}

Nov. 23, 2028

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[20],[21],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 104,656

^{[1],[2],[3],[20],[21],[36],[37]}

$ 97,941

^[4],[5]

^{[2],[3],[20],[21],[36],[37]}

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | PerchHQ LLC | Warrants to Purchase Common Stock | Expiration 10/15/2027

Schedule Of Investments [Line Items]

Maturity

Oct. 15, 2027

^{[2],[3],[36],[37],[40]}

Oct. 15, 2027

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[36],[37],[40]}

$ 0

^[4],[5]

Fair Value

$ 46,641

^{[1],[2],[3],[36],[37],[40]}

$ 252,226

^[4],[5]

45,283

^{[2],[3],[36],[37],[40]}

45,283

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares | Expiration 4/28/2028

Schedule Of Investments [Line Items]

Maturity

Apr. 28, 2028

^{[2],[3],[20],[21],[36],[37]}

Apr. 28, 2028

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[20],[21],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 554,434

^{[1],[2],[3],[20],[21],[36],[37]}

$ 702,914

^[4],[5]

182

^{[2],[3],[20],[21],[36],[37]}

182

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Series C Shares | Expiration 4/28/2028

Schedule Of Investments [Line Items]

Maturity

Apr. 28, 2028

^{[2],[3],[20],[21],[36],[37]}

Apr. 28, 2028

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[20],[21],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 310,203

^{[1],[2],[3],[20],[21],[36],[37]}

$ 320,504

^[4],[5]

^{[2],[3],[20],[21],[36],[37]}

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services

Schedule Of Investments [Line Items]

Cost

$ 47,236,233

^[2],[3],[10]

$ 47,236,233

^[4],[5]

Fair Value

86,131

^[1],[2],[3]

187,336

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Common Stock

Schedule Of Investments [Line Items]

Cost

10,611,548

^{[2],[3],[10],[29],[36]}

10,611,548

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[36],[38]}

$ 0

^[4],[5]

10,612

^{[2],[3],[29],[36]}

10,612

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Preferred Stock | Total Coupon 13.50%

Schedule Of Investments [Line Items]

Total Coupon

13.50%

^{[2],[3],[27],[29],[36]}

13.50%

^[4],[5]

Cost

$ 36,624,685

^{[2],[3],[10],[27],[29],[36]}

$ 36,624,685

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[27],[36],[38]}

$ 0

^[4],[5]

34,285

^{[2],[3],[27],[29],[36]}

34,285

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series D Stock | Expiration 2/11/2031

Schedule Of Investments [Line Items]

Maturity

Feb. 11, 2031

^{[2],[3],[20],[21],[36],[37]}

Feb. 11, 2031

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[20],[21],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 85,201

^{[1],[2],[3],[20],[21],[36],[37]}

$ 183,658

^[4],[5]

7,662

^{[2],[3],[20],[21],[36],[37]}

7,662

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series E Stock | Expiration 8/27/2031

Schedule Of Investments [Line Items]

Maturity

Aug. 27, 2031

^{[2],[3],[20],[21],[36],[37]}

Aug. 27, 2031

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[20],[21],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 930

^{[1],[2],[3],[20],[21],[36],[37]}

$ 3,678

^[4],[5]

508

^{[2],[3],[20],[21],[36],[37]}

508

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Household Durables Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

^{[2],[3],[10],[36],[37]}

$ 5,909,910

Fair Value

^{[1],[2],[3],[36],[37]}

$ 0

^{[2],[3],[36],[37]}

5,910

Investment, Identifier [Axis]: Equity Securities | Household Durables | Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

^[4],[5]

$ 5,909,910

Fair Value

^[4],[5]

$ 4,373,400

^[4],[5]

5,910

Investment, Identifier [Axis]: Equity Securities | Internet Software & Services

Schedule Of Investments [Line Items]

Cost

^[2],[3],[10]

$ 100,544

Fair Value

^[1],[2],[3]

$ 273,000

Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | FinancialForce.com, Inc. | Warrants to Purchase Series C Preferred Stock | Expiration 1/30/2029

Schedule Of Investments [Line Items]

Maturity

Jan. 30, 2029

^{[3],[36],[37]}

Jan. 30, 2029

^[4],[5]

Cost

$ 100,544

^{[3],[10],[36],[37]}

$ 100,544

^[4],[5]

Fair Value

$ 273,000

^{[1],[3],[36],[37]}

$ 211,350

^[4],[5]

450,000

^{[3],[36],[37]}

450,000

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | SuCo Investors, LP (Suited Connector) | Warrants to Purchase Class A Units | Expiration 3/6/2033

Schedule Of Investments [Line Items]

Maturity

^{[2],[3],[36],[37]}

Mar. 06, 2033

Cost

^{[2],[3],[10],[36],[37]}

$ 0

Fair Value

^{[1],[2],[3],[36],[37]}

$ 0

^{[2],[3],[36],[37]}

1,652

Investment, Identifier [Axis]: Equity Securities | Media | MBS Parent, LLC | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

$ 0

^{[2],[3],[10],[36],[41]}

$ 0

^[4],[5]

Fair Value

$ 49,500

^{[1],[2],[3],[36],[41]}

$ 0

^[4],[5]

546

^{[2],[3],[36],[41]}

546

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Metals & Mining | Kemmerer Holdings, LLC (WMLP) | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

^[4],[5]

$ 753,851

Fair Value

^[4],[5]

$ 1,618,248

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels

Schedule Of Investments [Line Items]

Cost

$ 0

^[2],[3],[10]

$ 0

^[4],[5]

Fair Value

^[1],[2],[3]

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | TER Management Resources, LLC (fka ETX Energy Management Company, LLC) | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

^{[2],[3],[10],[36]}

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[36]}

$ 0

^[4],[5]

53,815

^[2],[3],[36]

53,815

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Cost

$ 0

^{[2],[3],[10],[36],[40]}

$ 0

^[4],[5]

Fair Value

$ 0

^{[1],[2],[3],[36],[40]}

$ 0

^[4],[5]

51,119

^{[2],[3],[36],[40]}

51,119

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Software | Grey Orange International Inc. | Warrants to Purchase Common Stock | Expiration 5/6/2032

Schedule Of Investments [Line Items]

Maturity

May 06, 2032

^{[2],[3],[36],[37]}

May 06, 2032

^[4],[5]

Cost

$ 0

^{[2],[3],[10],[36],[37]}

$ 0

^[4],[5]

Fair Value

$ 14,302

^{[1],[2],[3],[36],[37]}

$ 8,849

^[4],[5]

2,832

^{[2],[3],[36],[37]}

2,087

^[4],[5]

Investment, Identifier [Axis]: Equity Securities | Trading Companies & Distributors | Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Preferred Stock | Total Coupon 12.50% PIK

Schedule Of Investments [Line Items]

Interest Rate, PIK

12.50%

^{[2],[3],[17],[37]}

12.50%

^[4],[5]

Cost

$ 2,938,323

^{[2],[3],[10],[17],[37]}

$ 2,762,941

^[4],[5]

Fair Value

$ 2,400,116

^{[1],[2],[3],[17],[37]}

$ 2,354,224

^[4],[5]

2,478

^{[2],[3],[17],[37]}

2,478

^[4],[5]

Schedule Of Investments [Line Items]

Fixed interest rate

2.633%

^[42]

2.633%

^[43]

Company Pays Floating

1 Day SOFR

^[42]

1 Day SOFR

^[43]

Counterparty

CME

^[42]

CME

^[43]

Maturity date

Jun. 09, 2025

^[42]

Jun. 09, 2025

^[43]

Payment Frequency

Annual

^[42]

Annual

^[43]

Notional amount

$ 35,000,000

^[42]

$ 35,000,000

^[43]

Fair value

$ (1,445,045)

^[42]

$ (1,332,299)

^[43]

Investment, Identifier [Axis]: Investments

Schedule Of Investments [Line Items]

Total Debt Investment

189.70%

179.10%

Cost

$ 690,597,257

^[2],[3],[10]

$ 658,300,164

^[4],[5]

Fair Value

$ 595,837,411

^[1],[2],[3]

$ 570,489,084

^[4],[5]

Investment, Identifier [Axis]: Non Controlled Affiliated Investments

Schedule Of Investments [Line Items]

Total Debt Investment

0.00%

1.10%

Investment, Identifier [Axis]: Non-Controlled Affiliate Security

Schedule Of Investments [Line Items]

Fair Value

$ 0

^[8]

$ 3,574,438

^[8]

4,131,978

^[44]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class A Preferred Stock

Schedule Of Investments [Line Items]

Fair Value

^[8]

251,736

^[44]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class B Preferred Stock

Schedule Of Investments [Line Items]

Fair Value

^[8]

^[44]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class C Common Stock

Schedule Of Investments [Line Items]

Fair Value

^[8]

^[44]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Holdings, LLC (WMLP) | Limited Liability Co. Interest

Schedule Of Investments [Line Items]

Fair Value

^[8],[45]

1,618,248

^[7],[8],[45]

746,074

^[44]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Delayed Draw Term Loan, First Lien

Schedule Of Investments [Line Items]

Fair Value

^[8],[45]

42,550

^[44]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Senior Secured Loan, First Lien

Schedule Of Investments [Line Items]

Fair Value

$ 0

^[8],[45]

$ 1,956,190

^[8],[45]

$ 3,091,618

^[44]

[1]

Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

[2]

The Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[3]

Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[4]

As of December 31, 2022, the Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[5]

Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[6]

The issuers of securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

[7]

The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

(2)

Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

[8]

The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

[9]

Approximately 99.5% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.3% of the fair value of such senior secured loans have floors of 0.50% to 2.00%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at June 30, 2023 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

[10]

Represents amortized cost for fixed income securities and cost for preferred and common stock, limited partnership/limited liability company interests and equity warrants/options.

[11]

Represents amortized cost for fixed income securities and cost for preferred and common stock, limited partnership/limited liability company interests and equity warrants/options.

[12]

[13]

Approximately 99.2% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.2% of the fair value of such senior secured loans have floors of 0.50% to 1.80%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at December 31, 2022 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

[14]

Position or associated portfolio company thereof has an unfunded commitment as of December 31, 2022 (see Note 9). Note that there may be additional unfunded positions which do not have a funded component at period end, and therefore are not displayed herein. Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

[15]

Position or associated portfolio company thereof has an unfunded commitment as of June 30, 2023 (see Note 9). Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

[16]

Portions of the loan bear interest using a combination of LIBOR, SOFR and/or at the Prime rate. The total coupon represents the weighted average interest rate at June 30, 2023 of all contracts within the loan facility.

[17]

Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

[18]

Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of December 31, 2022, approximately 15.0% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[19]

Non-U.S. company or principal place of business outside the U.S.

[20]

Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of June 30, 2023, approximately 15.8% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[21]

Non-U.S. company or principal place of business outside the U.S.

[22]

[23]

Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[24]

Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[25]

This investment will have a first lien security interest after the senior tranches are repaid.

[26]

This investment will have a first lien security interest after the senior tranches are repaid.

[27]

The investment is on non-accrual status as of June 30, 2023 and therefore non-income producing. At June 30, 2023, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.5% and 11.0% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

[28]

Total coupon includes default interest of 2.00%.

[29]

Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[30]

The investment is on non-accrual status as of December 31, 2022 and therefore non-income producing. At December 31, 2022, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.8% and 11.8% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

[31]

Total coupon includes default interest of 2.00%.

[32]

[33]

Securities are either exempt from registration under Rule 144A of the Securities Act, or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 2.9% of the Company’s net assets at December 31, 2022. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of December 31, 2022:


Investment		Initial Acquisition Date
Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests		11/28/2007
FinancialForce.com, Warrants to Purchase Series C Preferred Stock		1/30/2019
Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units		2/7/2020
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock		2/11/2021
Advanced Lighting Technologies, LLC, Senior Secured Notes		3/16/2021
Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares		4/28/2021
Stitch Holdings, L.P., Limited Partnership Interests		7/30/2021
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock		8/27/2021
MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares		11/23/2021
Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock		12/14/2021
Elevate Brands Holdco Inc., Warrants to Purchase Common Stock		3/14/2022
Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock		3/14/2022
Grey Orange International Inc., Warrants to Purchase Common Stock		5/6/2022
PerchHQ LLC, Warrants to Purchase Common Stock		9/30/2022
Razor Group GmbH (Germany), Warrants to Purchase Series C Shares		12/23/2022

[34]

Portions of the loan bear interest using a combination of LIBOR, SOFR, and/or the Prime rate. The total coupon represents the weighted average interest rate at December 31, 2022 of all contracts within the loan facility.

[35]

Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

[36]

Non-income producing equity securities at June 30, 2023.

[37]

Security is either exempt from registration under Rule 144A of the Securities Act of 1933 (the “Securities Act”), or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 1.2% of the Company’s net assets at June 30, 2023. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of June 30, 2023:


Investment		Initial Acquisition Date
Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests		11/28/2007
FinancialForce.com, Warrants to Purchase Series C Preferred Stock		1/30/2019
Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units		2/7/2020
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock		2/11/2021
Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares		4/28/2021
Stitch Holdings, L.P., Limited Partnership Interests		7/30/2021
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock		8/27/2021
MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares		11/23/2021
Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock		12/14/2021
Elevate Brands Holdco Inc., Warrants to Purchase Common Stock		3/14/2022
Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock		3/14/2022
Grey Orange International Inc., Warrants to Purchase Common Stock		5/6/2022
PerchHQ LLC, Warrants to Purchase Common Stock		9/30/2022
Razor Group GmbH (Germany), Warrants to Purchase Series C Shares		12/23/2022
SuCo Investors, LP (Suited Connector), Warrants to Purchase Class A Units		3/6/2023

[38]

Transaction and other information for “non-controlled, affiliated” investments under the 1940 Act, whereby the Company owns 5% or more (but not more than 25%) of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[39]

Non-income producing equity securities at December 31, 2022.

[40]

The Company is the sole stockholder of BKC ASW Blocker, Inc., a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) and PerchHQ LLC and thus non-controlled, non-affiliated investments.

[41]

The Company is the sole stockholder of BCIC-MBS, LLC, a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of MBS Parent, LLC and thus a non-controlled, non-affiliated investment.

[42]

Refer to Notes 2 and 4 for additional information on the Company’s Interest Rate Swap.

[43]

Refer to Notes 2 and 4 for additional information on the Company’s Interest Rate Swap.

[44]

[45]

Investment no longer held as of June 30, 2023.

Consolidated Statements of Changes in Net Assets (Parenthetical) - USD ($)

3 Months Ended

Jun. 30, 2023

Mar. 31, 2023

Statement of Stockholders' Equity [Abstract]

Total dividend

$ 7,257,191

^[1]

Estimated tax return on capital distribution

$ 0

[1]

Sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2). For both the three month periods ended June 30, 2023 and March 31, 2023, it is estimated that there was no return of capital based on book income.

Investment - Schedule of Geographic Composition of Portfolio at Fair Value (Details) - Investments, at Fair Value - Geographic Concentration Risk	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	100.00%	100.00%
United States
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	84.40%	85.40%
United Kingdom
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	7.30%	7.20%
Germany
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	3.60%	3.70%
Canada
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.10%
Switzerland
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	1.00%
Netherlands
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	0.00%
Slovenia
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.90%	0.90%
Australia
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.70%	0.70%

Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The Company is an investment company following the accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, Financial Services-Investment Company (“ASC 946”).

The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, which were established to hold certain investments of the Company. The Company owns 100% of each subsidiary and, as such, the subsidiaries are consolidated into the Company’s consolidated financial statements. The subsidiaries hold investments which are treated as pass through entities for tax purposes. By investing through these 100% owned subsidiaries, the Company is able to benefit from corporate tax treatment for these entities and thereby create a tax structure that is more advantageous with respect to the RIC status of the Company. Intercompany balances and transactions are eliminated in consolidation.

Certain prior period information has been reclassified to conform to the current period presentation. The reclassification has no effect on the Company’s consolidated financial position or the consolidated results of operations as previously reported.

Expenses are recorded on an accrual basis.

Unaudited Interim Consolidated Financial Statements

Certain financial information that is normally included in annual financial statements, including certain financial statement footnotes, prepared in accordance with GAAP, is not required for interim reporting purposes and has been condensed or omitted herein. These consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes related thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the Securities and Exchange Commission (“SEC”) on March 1, 2023.

The interim financial information at June 30, 2023 and for the three and six months ended June 30, 2023 and 2022 is unaudited. However, in the opinion of management, the interim information includes all normal recurring adjustments necessary for the fair presentation of the Company’s results for the periods presented. The results of operations for interim periods are not necessarily indicative of results to be expected for the full year.

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.

Investment Valuation

Pursuant to Rule 2a-5 (the "Rule") under the 1940 Act, the Company’s Board of Directors (the "Board") has designated BlackRock Capital Investment Advisors, LLC (“BCIA” or the “Advisor”) as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations, and has reviewed and approved amended policies and procedures adopted by BCIA to seek to ensure compliance with the requirements of the Rule as part of such designation. The Valuation Designee will provide quarterly valuation reporting and notifications on any material valuation matters to the Board as required under the Rule.

Investments are recorded at fair value based upon the principles and methods of valuation set forth in the Valuation Designee's policies and procedures adopted for the Company by the Board and the Valuation Designee. Securities traded on a recognized securities exchange are valued using the close price on the exchange on valuation date. Investments for which market prices from an exchange are not readily available are valued using the last available bid price or quote provided by an independent pricing service or one or more broker-dealers or market makers, unless they are deemed not to represent fair value. Debt and equity securities for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued at fair value as determined in good faith by or under the direction of the Company’s Valuation Designee.

Because the Company expects that there will not be a readily available market for all of the investments in its portfolio, the Company expects to value a significant portion of its portfolio investments at fair value as determined in good faith by or under the direction of the Valuation Designee using a consistently applied valuation process in accordance with documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the "Valuation Committee"). Due to the inherent uncertainty and subjectivity of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments and may differ materially from the values that the Company may ultimately realize, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, cyclical, geopolitical and other events and conditions such as the COVID-19 pandemic and the Russian military invasion of Ukraine, rising interest rates and risks related to inflation and credit risk, that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on and realizability of the Company’s investments.

In addition, changes in the market environment and other events may have differing impacts on the market quotations used to value some of the Company’s investments than on the fair values of the Company’s investments for which market quotations are not readily available. Market quotations may be deemed not to represent fair value in certain circumstances where the Valuation Designee believes that facts and circumstances applicable to an issuer, a seller, a purchaser or the market for a particular security cause current market quotations to not reflect the fair value of the security. Examples of these events could include cases where a security trades infrequently causing a quoted purchase or sale price to become stale, where there is a “forced” sale by a distressed seller, where market quotations vary substantially among market makers, or where there is a wide bid-ask spread or significant increase in the bid-ask spread.

With respect to the Company’s investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value, the Valuation Designee has approved a multi-step valuation process applied each quarter, as described below:

(i)

The quarterly valuation process begins with each portfolio company or investment being initially evaluated and rated by the investment professionals of the Valuation Designee responsible for the portfolio investment;

(ii)

The investment professionals provide recent portfolio company financial statements and other reporting materials as and when available to independent valuation firms engaged by the Valuation Designee and approved by the Valuation Committee (with the exception of statements and materials related to investments priced directly by the Valuation Designee as described in (iv) below), such firms conduct independent appraisals each quarter and their preliminary valuation conclusions are documented and discussed with senior management of the Advisor;

(iii)

The Valuation Committee reviews the preliminary valuations prepared by the independent valuation firm and the Valuation Designee, as applicable;

(iv)

The fair value of certain investments, comprising in the aggregate, less than 5% of the Company’s net asset value and no more than 15% of total positions held, respectively, may be determined by the Valuation Designee in good faith without the engagement of an independent valuation firm in accordance with the Company’s valuation policy; provided that if only the threshold with respect to the number of all positions valued at zero or immaterial amounts is exceeded, the Valuation Designee may request the Valuation Committee's approval to not request a fair valuation from an independent valuation firm for all such positions; and

(v)

The Valuation Designee discuss valuations and determines the fair value of each investment in the portfolio in good faith based on the input of the Valuation Committee and the respective independent valuation firms.

Those investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued generally utilizing a market approach, an income approach, or both approaches, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. In following these approaches, the types of factors that the Company may take into account in determining the fair value of its investments include, as relevant and among other factors: available current market data, including relevant and applicable market trading and transaction comparables, applicable market yields and multiples, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, (e.g. non-performance risk), its earnings and discounted cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, M&A comparables, the Company’s principal market (as the reporting entity), any bid for a Company asset (irrespective of the perceived validity of such bid), and enterprise values. For positions acquired during the current quarter, the Valuation Designee generally believes that cost will approximate fair

value. As such, an independent valuation, in certain cases, may not be obtained until the quarter-end after the quarter the investment is acquired in.

ASC 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”), issued by the FASB, defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. ASC 820-10 defines fair value as the price that the Company would receive upon selling an investment or pay to transfer a liability in an orderly transaction to a market participant in the principal or most advantageous market for the investment. ASC 820-10 emphasizes that valuation techniques maximize the use of observable market inputs and minimize the use of unobservable inputs. Inputs refer broadly to the assumptions that market participants would use in pricing an asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances.

Level 1 – Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

Level 2 – Valuations based on unadjusted quoted prices in markets that are not active or for which most significant inputs are observable, either directly or indirectly.

Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The inputs into the determination of fair value may require significant management judgment or estimation.

Transfers between levels, if any, represent the value as of the beginning of the period of any investment where a change in the pricing level occurred from the beginning to the end of the period.

At June 30, 2023, the Company’s investments were categorized as follows:


Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)

Includes senior secured loans.

(2)

Includes senior secured notes, unsecured debt and subordinated debt.

(3)

For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:


Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)

Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)

Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.


Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

At December 31, 2022, the Company’s investments were categorized as follows:


Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)

Includes senior secured loans.

(2)

Includes senior secured notes, unsecured debt and subordinated debt.

(3)

For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:


Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)

Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)

Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Investment Transactions

Security transactions are accounted for on the trade date unless there are substantial conditions to the transaction. Realized gains or losses are measured by the difference between the net proceeds from the disposition and the amortized cost of the investment. Unrealized gains or losses primarily reflect the change in investment values, including the reversal of previously recorded unrealized gains or losses when gains or losses are realized. Realized gains or losses on the disposition of investments are calculated using the specific identification method.

Cash and Cash Equivalents

Cash consists of amounts held in accounts with the custodian bank. Cash equivalents include short-term liquid overnight investments with original maturities of three months or less and may not be insured by the Federal Deposit Insurance Corporation or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the fair value hierarchy.

Restricted Investments

The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. See Notes to the Consolidated Schedules of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency amounts are translated into U.S. dollars on the following basis:

(i)

market value of investment securities, other assets and liabilities—at the spot exchange rate on the last business day of the period; and

(ii)

purchases and sales of investment securities, income and expenses—at the rates of exchange prevailing on the respective dates of such transactions, income or expenses.

Although net assets and fair values are presented based on the applicable foreign exchange rates described above, the Company may not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in fair values of investments held. Such fluctuations are included with the net realized and unrealized gain or loss from investments.

Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar. There were no investments denominated in foreign currency as of June 30, 2023 and December 31, 2022.

Derivative Instruments:

The Company records all derivative financial instruments as either assets or liabilities at fair value on a gross basis in the Consolidated Statements of Assets and Liabilities.

Foreign Currency Forward Contracts and Warrants

The Company may enter into forward foreign currency contracts from time to time to facilitate settlement of purchases and sales of investments denominated in foreign currencies or to help mitigate the impact that an adverse change in foreign exchange rates would have on the value of the Company’s investments denominated in foreign currencies. A forward foreign currency contract is a commitment to purchase or sell a foreign currency at a future date (usually the security transaction settlement date) at a negotiated forward rate. These contracts are marked-to-market by recognizing the difference between the contract exchange rate and the current market rate as unrealized appreciation or depreciation. Realized gains or losses are recognized when contracts are settled. Risks may arise as a result of the potential inability of the counterparties to meet the terms of their contracts. The Company attempts to limit this risk by dealing with only creditworthy counterparties. There were no open forward foreign currency contracts at June 30, 2023 and December 31, 2022.

The Company holds warrants and options in certain portfolio companies in an effort to achieve additional investment return. In purchasing warrants and options, the Company bears the risk of an unfavorable change in the value of the underlying equity interest. The aggregate fair value of warrants and options as of June 30, 2023 and December 31, 2022 represented 0.5% and 0.6% of the Company’s net assets, respectively.

Interest Rate Swap

The Company entered into a centrally-cleared interest rate swap (the “Interest Rate Swap”) to economically hedge the interest payable on the fixed rate tranche of the Company’s 2025 Private Placement Notes (as defined below) (see Note 4). The Company is required to deposit initial margin with the broker in the form of cash in an amount that varies depending on the size and risk proﬁle of the particular swap. Pursuant to the contract, the Company agrees to receive from or pay to the broker daily variation margin. The amounts related to the right to claim or the obligation to return cash collateral may not be used to offset amounts due under the Interest Rate Swap contract in the normal course of settlement. Therefore, both the initial margin and variation margin paid are included as assets within Due from broker on the Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022.

Changes in the fair value of the swap contract, net of any periodic interest accruals, are presented as part of change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. The Interest Rate Swap is recorded at fair value and is presented as a liability on the Company's Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022. Interest rate swap agreements are valued utilizing quotes received from independent pricing services or through brokers, which are derived using daily swap curves and models that incorporate a number of market data factors, such as discounted cash flows, trades and values of the underlying reference instruments. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 4 for additional information on the Company’s Interest Rate Swap.

Debt Issuance Costs

Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated remaining life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.

Revenue Recognition

Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned.

Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.

For loans and securities with payment-in-kind (“PIK”) income, which represents contractual interest or dividends accrued and added to the principal balance and generally due at maturity, such income is accrued only to the extent that the Advisor believes that the PIK income is likely to be collected. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to stockholders in the form of dividends, even though the Company has not yet collected the cash.

Income Taxes

The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.

The tax returns of the Company remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. Management has analyzed tax laws and regulations and their application to the Company as of June 30, 2023, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the consolidated financial statements.

The final tax characterization of dividends is determined after the fiscal year and is reported on Form 1099 and in the Company’s annual report to shareholders. Dividends can be characterized as ordinary income, capital gains and/or return of capital. As of December 31, 2022, the Company had non-expiring capital loss carryforwards in the amount of $401,155,603 available to offset future realized capital gains.

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:


	December 31, 2022
Tax basis of investments	$	615,741,586

Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)

Includes net unrealized depreciation on the Company's Interest Rate Swap.

Non-Accrual Loans

Loans or debt securities are placed on non-accrual status, as a general matter, when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected. Accrued interest generally is reversed when a loan or debt security is placed on non-accrual status. Interest payments received on non-accrual loans or debt securities may be recognized as income or applied to principal depending upon management’s judgment. Non-accrual loans and debt securities are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current. The Company may make exceptions to this treatment if the loan has sufficient collateral value and is in the process of collection.

Stockholders' Equity and Dividends - Additional Information (Details) - USD ($)		3 Months Ended		6 Months Ended
	Mar. 06, 2018	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Oct. 28, 2022
Class Of Stock [Line Items]
Percentage of closing market price on dividend payment date	95.00%
Remaining number of shares authorized to be repurchased		8,000,000		8,000,000
Treasury Stock, Common, Shares		11,909,890		11,909,890		11,909,890
Treasury stock, value		$ 73,373,702		$ 73,373,702		$ 73,373,702
Shares repurchased		0	420,083	0	526,391
Board of Directors \| Maximum
Class Of Stock [Line Items]
Number of shares authorized to be repurchased							8,000,000

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Topic 272
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483014/272-10-45-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 272
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482987/272-10-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Section 50
-Paragraph 13
-Subparagraph (e)
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-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
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-Paragraph 18
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-18

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1
-Subparagraph (SX 210.5-02(27)(b))
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
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-Paragraph 1
-Subparagraph (SX 210.5-02(28))
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-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
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-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Paragraph 3
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-03(i)(2)(i))
-Publisher FASB
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
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-Subparagraph (SX 210.6-03(i)(2)(ii))
-Publisher FASB
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+ Details

- Definition

+ References + Details

Financial Highlights - Schedule of Financial Highlights (Details) - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Mar. 31, 2022

Jun. 30, 2023

Jun. 30, 2022

Mar. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Investment Company Financial Highlights [Line Items]

Net Asset Value Per Share, Beginning Balance

$ 4.41

$ 4.7

$ 4.73

$ 4.39

$ 4.73

Investment Operations:

Net investment income, before incentive fees

0.3

0.16

Incentive fees

(0.05)

0.02

Net investment income

0.25

0.18

Net realized and unrealized gain (loss)

(0.11)

(0.14)

Total from investment operations

0.14

0.04

Repurchase of common stock

0.01

Dividends to stockholders

(0.2)

Net Asset Value Per Share, Ending Balance

4.33

4.57

$ 4.7

4.33

4.57

Market price at end of period

$ 3.28

$ 3.67

$ 3.28

$ 3.67

Total return based on market price

(4.14%)

(3.67%)

Total return based on net asset value

4.35%

1.44%

Common stock, shares outstanding

72,571,907

73,354,142

72,571,907

73,354,142

72,571,907

Ratios to average net assets:

Operating expenses, before incentive fees

4.40%

3.92%

Interest and other debt related expenses

6.44%

3.26%

Total expenses, before incentive fees

10.84%

7.18%

Incentive fees

1.18%

0.42%

Total expenses, after incentive fees

12.02%

6.76%

Net investment income

12.42%

7.53%

Net assets at end of period

$ 314,029,059

$ 335,444,647

$ 346,904,442

$ 314,029,059

$ 335,444,647

$ 319,782,559

$ 318,522,353

$ 349,651,973

Portfolio turnover rate

5.00%

19.00%

Weighted average interest rate on debt

7.45%

4.94%

7.45%

4.94%

Weighted average debt outstanding

$ 270,570,675

$ 210,643,606

Weighted average shares outstanding

72,571,907

73,667,822

72,571,907

73,744,580

Weighted average debt per share

$ 3.73

$ 2.86

Cumulative Effect of Adjustment

Investment Operations:

Accounting Standards Update [Extensible Enumeration]

ASU 2020-06

Net Asset Value Per Share, Ending Balance

$ 0

$ (0.01)

$ 0

$ (0.01)

Ratios to average net assets:

Net assets at end of period

^[1]

$ (449,398)

[1]	See Note 4 for further information related to the adoption of ASU 2020-06.

Summary of Significant Accounting Policies - Schedule of Changes in Investments Categorized as Level 3 (Parenthetical) (Details) - Investment	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Level 3
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Number of investment transferred from level 3 to level 2	5	1	5
Level 2
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Number of investment transferred from level 2 to level 3	2	1	2	1

Stockholders' Equity and Dividends

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Stockholders' Equity and Dividends

7. Stockholders’ Equity and Dividends

Dividends to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend is determined by the Board. Net realized capital gains, if any, generally are distributed at least annually, although the Company may decide to retain such capital gains for investment.

The Company has adopted a dividend reinvestment plan (the “Plan”) that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash. As a result, if the Board authorizes, and the Company declares, a cash dividend, then stockholders who have not “opted out” of the dividend reinvestment plan will have their cash dividends automatically reinvested in additional shares of Common Stock, rather than receiving the cash dividends. Additionally, if the Company makes a dividend to be paid in cash or in stock at the election of stockholders as of the applicable dividend record date (a “Cash/Stock Dividend”), the terms are subject to the amended Plan dated May 13, 2020 described below.

For the three and six months ended June 30, 2023 and 2022, declared dividends to common stockholders were as follows:


Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
February 28, 2023	March 16, 2023	April 6, 2023	Regular	$	0.10	$	7,257,191	$	768,930
April 26, 2023	June 15, 2023	July 6, 2023	Regular		0.10		7,257,191		737,537
Total				$	0.20	$	14,514,382	$	1,506,467


Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
March 1, 2022	March 17, 2022	April 7, 2022	Regular	$	0.10	$	7,380,270	$	698,261
April 27, 2022	June 16, 2022	July 7, 2022	Regular		0.10		7,363,184		744,840
Total				$	0.20	$	14,743,454	$	1,443,101

(1)

The Company has adopted a dividend reinvestment plan that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash.

(2)

Dividends reinvested through purchase of shares in the open market.

On March 6, 2018, the Company's Board adopted amendments to the Plan. Under the terms of the amended Plan, if the Company declares a dividend or determines to make a capital gain or other distribution, the reinvestment plan agent will acquire shares for the participants’ accounts, depending upon the following circumstances, (i) through receipt of additional unissued but authorized shares from the Company (“newly issued shares”) and/or (ii) by purchase of outstanding shares on the open market (“open-market purchases”). If, on the dividend payment date, the last quarterly net asset value per share (“NAV”) is equal to or less than the closing market price per share on such dividend payment date (such condition often referred to as a “market premium”), the reinvestment plan agent will invest the dividend amount in newly issued shares on behalf of the participants. The number of newly issued shares to be credited to each participant’s account will be determined by dividing the dollar amount of the dividend by the greater of (i) the NAV or (ii) 95% of the closing market price on the dividend payment date. If, on the dividend payment date, the NAV is greater than the closing market price per share on such dividend payment date (such condition often referred to as a “market discount”), the reinvestment plan agent may, upon notice from the Company, either (a) invest the divided amount in newly issued shares on behalf of the participants or (b) invest the dividend amount in shares acquired on behalf of the participants in open-market purchases.

On May 13, 2020, the Company's Board adopted further amendments to the Plan. Under the terms of the amended Plan, if the Company makes a Cash/Stock Dividend, each stockholder will be required to elect whether to receive the dividend in cash or in shares of the Company's common stock (“Common Shares”), pursuant to such notices, forms or other documentation as may be provided to the stockholder by the Company (the “Election Forms”). If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in cash, the stockholder will be deemed to have elected not to participate in the Plan solely with respect to such Cash/Stock Dividend and will receive the dividend in cash subject to any rules applicable to the dividend that may limit the portion of the dividend the Company is required to pay in cash. If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in stock, the stockholder will receive the dividend in newly issued Common Shares. The number of newly issued Common Shares credited to the stockholders' account in either case will be determined by dividing the dollar amount of the dividend (or portion of the dividend to be paid in Common Shares) by the price per Common Share determined in accordance with the Election Forms rather than pursuant to the formula(s) otherwise applicable under the Plan. At the Company's special meeting of stockholders held on May 3, 2022, stockholders did not approve the Company's ability to sell or otherwise issue shares of common stock at a price below its then current NAV per share for a 12-month period expiring on the anniversary of the date of stockholder approval.

On October 28, 2022, the Company’s Board authorized the Company to purchase up to a total of 8,000,000 shares, commencing on November 7, 2022 and effective until the earlier of November 6, 2023 or such time that all of the authorized shares have been repurchased (the

“Company Repurchase Plan”), in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Exchange Act”). As of June 30, 2023, 8,000,000 shares remained available for repurchase.

No shares were repurchased by the Company under the Company Repurchase Plan for the three and six months ended June 30, 2023.

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the three and six months ended June 30, 2022:


June 30, 2022	Shares Repurchased		Price Per Share		Total Cost
Three Months Ended		420,083	$	3.78	$	1,586,451
Six Months Ended		526,391		3.85		2,026,688

Since inception of the original repurchase plan through June 30, 2023, the Company has purchased 11,909,890 shares of its common stock on the open market for $73,373,702, including brokerage commissions through the repurchase plan. The Company currently holds the shares it repurchased in treasury stock.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
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-Section 50
-Paragraph 2
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Section 50
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Consolidated Schedules of Investments (Affiliate Security) (Unaudited) - USD ($)

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Dec. 31, 2022

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

$ 570,489,084

Net realized gain (loss)

$ 195,593

(404,104)

$ 825,913

Fair Value, Ending Balance

595,837,411

$ 570,489,084

Investment, Identifier [Axis]: Cash and Cash Equivalents

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

9,531,190

Fair Value, Ending Balance

12,405,398

^[3],[4],[5]

12,405,398

^[3],[4],[5]

9,531,190

^[1],[2]

Investment, Identifier [Axis]: Cash and Investments

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

580,020,274

Fair Value, Ending Balance

608,242,809

^[3],[4],[5]

608,242,809

^[3],[4],[5]

580,020,274

^[1],[2]

Investment, Identifier [Axis]: Controlled Affiliate Security

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[7]

^[8],[9]

Fair Value, Beginning Balance

^[9]

15,228,000

^[10]

21,927,071

Net realized gain (loss)

^[6],[7]

^[8],[9]

Net increase or decrease in unrealized appreciation or depreciation

(273,916)

^[10],[11]

(2,523,687)

^[8],[9]

Acquisitions

^[10],[12]

^[9],[13]

Dispositions

(502,916)

^[10],[14]

(4,175,384)

^[9],[15]

Fair Value, Ending Balance

^[10]

14,999,000

15,228,000

^[9]

Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Common Stock

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[10]

^[8],[9]

Fair Value, Beginning Balance

^[9]

^[7]

Net realized gain (loss)

^[10],[11]

^[8],[9]

Net increase or decrease in unrealized appreciation or depreciation

^[10],[11]

^[8],[9]

Acquisitions

^[10],[12]

^[9],[13]

Dispositions

^[10],[14]

^[9],[15]

Fair Value, Ending Balance

^[10]

^[7],[9]

Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Preferred Stock

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[10]

^[8],[9]

Fair Value, Beginning Balance

^[9]

^[7]

Net realized gain (loss)

^[10],[11]

^[8],[9]

Net increase or decrease in unrealized appreciation or depreciation

^[10],[11]

^[8],[9]

Acquisitions

^[10],[12]

^[9],[13]

Dispositions

^[10],[14]

^[9],[15]

Fair Value, Ending Balance

^[10]

^[7],[9]

Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Unsecured Debt

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[10]

^[8],[9]

Fair Value, Beginning Balance

^[9]

15,228,000

^[10]

21,927,071

Net realized gain (loss)

^[10],[11]

^[8],[9]

Net increase or decrease in unrealized appreciation or depreciation

273,916

^[10],[11]

(2,523,687)

^[8],[9]

Acquisitions

^[10],[12]

^[9],[13]

Dispositions

502,916

^[10],[14]

(4,175,384)

^[9],[15]

Fair Value, Ending Balance

^[10]

14,999,000

15,228,000

^[9]

Investment, Identifier [Axis]: Debt Investments

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

560,266,004

Fair Value, Ending Balance

591,905,479

^{[3],[4],[5],[17]}

591,905,479

^{[3],[4],[5],[17]}

560,266,004

^[1],[2],[16]

Investment, Identifier [Axis]: Debt Investments Automobiles

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,535,420

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,535,420

Investment, Identifier [Axis]: Debt Investments | Automobiles

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,347,282

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

233,430

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

233,430

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

231,096

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,301,990

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,301,990

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,116,186

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,530,084

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,530,084

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,439,706

Investment, Identifier [Axis]: Debt Investments | Capital Markets

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,065,228

Fair Value, Ending Balance

1,064,728

^{[3],[4],[5],[17]}

1,064,728

^{[3],[4],[5],[17]}

1,065,228

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

560,228

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

560,228

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

560,228

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

505,000

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

505,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

504,500

Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

6,236,204

Fair Value, Ending Balance

6,775,507

^{[3],[4],[5],[17]}

6,775,507

^{[3],[4],[5],[17]}

6,236,204

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

313,140

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

313,140

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

320,199

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

433,684

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

433,684

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

443,500

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,423,301

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

1,423,301

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,455,384

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

335,983

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

335,983

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

728,003

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

85,060

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(5,128)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(5,128)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,334,367

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

1,334,367

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,336,378

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(31,327)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(31,327)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(30,432)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,432,184

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,432,184

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,437,415

Investment, Identifier [Axis]: Debt Investments | Construction & Engineering

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

14,666,740

Fair Value, Ending Balance

14,545,552

14,666,740

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(19,316)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(19,316)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(38,632)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(38,632)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(34,340)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(17,170)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

3,157,203

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

3,157,203

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,154,332

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

713,223

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[21]}

4,744,224

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

4,684,152

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

4,684,152

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

201,038

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

201,038

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

911,289

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

3,395,223

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

3,448,061

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

3,448,061

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(17,754)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(7,101)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,703,626

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

813,853

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

813,853

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,420,381

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,420,381

Investment, Identifier [Axis]: Debt Investments | Consumer Finance

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

7,527,989

Fair Value, Ending Balance

11,263,573

^{[3],[4],[5],[17]}

11,263,573

^{[3],[4],[5],[17]}

7,527,989

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(51,933)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(51,933)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

1,661,867

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

5,037,535

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

5,037,535

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,985,601

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

(7,976)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

2,108,350

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,542,387

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,542,387

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,515,731

Investment, Identifier [Axis]: Debt Investments | Containers & Packaging

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

13,997,622

Fair Value, Ending Balance

13,982,403

^{[3],[4],[5],[17]}

13,982,403

^{[3],[4],[5],[17]}

13,997,622

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

4,226,526

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

4,226,526

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,021,354

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

9,771,096

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

9,771,096

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

9,961,049

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,185,295

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,185,295

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,108,579

Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

46,025,835

Fair Value, Ending Balance

45,041,126

^{[3],[4],[5],[17]}

45,041,126

^{[3],[4],[5],[17]}

46,025,835

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

7,830,210

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

7,830,210

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

7,900,095

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(5,592)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(5,592)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(2,927)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

3,131,144

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

3,131,144

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,154,344

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[22],[23]}

12,176,370

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[22],[23]}

12,176,370

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[24],[25],[26]}

12,574,284

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[22],[23],[27]}

1,762,833

Fair Value, Ending Balance

^{[1],[2],[16],[18],[22],[23],[27]}

1,762,833

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24],[25],[26]}

1,775,314

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[22],[23],[27]}

6,255,561

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[22],[23],[27]}

6,255,561

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[24],[25],[26]}

6,441,235

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[28]}

2,283,740

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[29]}

2,373,093

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[29]}

2,373,093

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[28]}

5,448,463

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[29]}

6,434,771

Fair Value, Ending Balance

^{[1],[2],[16],[18],[29]}

6,434,771

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

6,067,445

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

6,067,445

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

5,466,578

Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

82,648,607

Fair Value, Ending Balance

87,286,625

^{[3],[4],[5],[17]}

87,286,625

^{[3],[4],[5],[17]}

82,648,607

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(3,171)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(3,171)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(4,397)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

6,452,601

Fair Value, Ending Balance

^[1],[2],[16]

6,452,601

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

6,320,309

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(7,017)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(7,017)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

466,383

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(15,203)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(15,203)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

576,546

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(12,162)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(12,162)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(6,549)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,216,891

Fair Value, Ending Balance

^[1],[2],[16]

5,216,891

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

5,254,759

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

24,775,000

Fair Value, Ending Balance

^[1],[2],[16]

24,775,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

24,850,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[30]}

4,930,000

Fair Value, Ending Balance

^{[1],[2],[16],[30]}

4,930,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[31]}

4,955,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

1,945,865

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(57,773)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(57,773)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

6,897,369

Fair Value, Ending Balance

^[1],[2],[16]

6,897,369

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

7,005,113

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[32],[33],[34]}

14,999,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[35],[36],[37]}

15,228,000

Fair Value, Ending Balance

^{[1],[2],[16],[35],[36],[37]}

15,228,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,870,000

Fair Value, Ending Balance

^[1],[2],[16]

4,870,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,890,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

5,026,273

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

3,298,870

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

3,298,870

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(10,098)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(10,098)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(9,177)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[22],[23]}

11,085,300

Fair Value, Ending Balance

^{[1],[2],[16],[22],[23]}

11,085,300

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

11,017,500

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[27],[35],[36],[38]}

708,823

Fair Value, Ending Balance

^{[1],[2],[16],[27],[35],[36],[38]}

708,823

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[29]}

14,025,000

Fair Value, Ending Balance

^{[1],[2],[16],[29]}

14,025,000

Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

21,097,447

Fair Value, Ending Balance

21,450,215

^{[3],[4],[5],[17]}

21,450,215

^{[3],[4],[5],[17]}

21,097,447

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[27]}

2,121,343

Fair Value, Ending Balance

^{[1],[2],[16],[27]}

2,121,343

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

2,258,451

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(25)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

5,706

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

5,706

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

335,658

Fair Value, Ending Balance

^[1],[2],[16]

335,658

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

337,035

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[28]}

5,653,846

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,480,769

Fair Value, Ending Balance

^[1],[2],[16]

5,480,769

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,432,308

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,361,538

Fair Value, Ending Balance

^[1],[2],[16]

3,361,538

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(29,670)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(46,396)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(46,396)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,702,545

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,677,559

Fair Value, Ending Balance

^[1],[2],[16]

3,677,559

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

6,095,725

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

6,161,270

Fair Value, Ending Balance

^[1],[2],[16]

6,161,270

Investment, Identifier [Axis]: Debt Investments | Health Care Technology

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

25,380,349

Fair Value, Ending Balance

25,539,811

^[3],[4],[5]

25,539,811

^[3],[4],[5]

25,380,349

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(10,545)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(10,545)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(7,477)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

2,710,930

Fair Value, Ending Balance

^[1],[2],[16]

2,710,930

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,749,920

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

332,665

Fair Value, Ending Balance

^[1],[2],[16]

332,665

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(8,114)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

7,541,813

Fair Value, Ending Balance

^[1],[2],[16]

7,541,813

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

7,480,498

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(24,651)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(24,651)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

344,492

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

8,045,370

Fair Value, Ending Balance

^[1],[2],[16]

8,045,370

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

8,036,989

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,899,767

Fair Value, Ending Balance

^[1],[2],[16]

1,899,767

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,988,503

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

488,500

Fair Value, Ending Balance

^[1],[2],[16]

488,500

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,396,500

Fair Value, Ending Balance

^[1],[2],[16]

4,396,500

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

495,500

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,459,500

Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,087,470

Fair Value, Ending Balance

11,200,068

^{[3],[4],[5],[17]}

11,200,068

^{[3],[4],[5],[17]}

5,087,470

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[25],[26]}

199,829

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19],[22],[23]}

(10,915)

Fair Value, Ending Balance

^{[1],[2],[16],[19],[22],[23]}

(10,915)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[22],[23]}

5,098,385

Fair Value, Ending Balance

^{[1],[2],[16],[22],[23]}

5,098,385

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

5,083,245

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^[3],[4],[17]

5,938,909

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[17],[20]}

(9,740)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[17],[20]}

(12,175)

Investment, Identifier [Axis]: Debt Investments | IT Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

13,999,657

Fair Value, Ending Balance

20,092,477

^{[3],[4],[5],[17]}

20,092,477

^{[3],[4],[5],[17]}

13,999,657

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(6,750)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(6,750)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(1,125)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,182,500

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,182,500

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,238,750

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

4,625,000

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

4,625,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,535,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,351,183

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,351,183

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,508,884

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(9,706)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

4,858,508

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

4,858,508

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,861,350

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(10,784)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(10,784)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(10,943)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

5,970,267

Investment, Identifier [Axis]: Debt Investments | Insurance

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

14,213,824

Fair Value, Ending Balance

14,639,839

^[3],[4],[5]

14,639,839

^[3],[4],[5]

14,213,824

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

644,711

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

644,711

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

651,687

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(21,124)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(21,124)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

69,898

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,952,760

Fair Value, Ending Balance

^[1],[2],[16]

3,952,760

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,974,007

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19],[39]}

167,083

Fair Value, Ending Balance

^{[1],[2],[16],[19],[39]}

167,083

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

189,833

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,807,963

Fair Value, Ending Balance

^[1],[2],[16]

1,807,963

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,781,425

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(41,342)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(41,342)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(20,671)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,126,411

Fair Value, Ending Balance

^[1],[2],[16]

5,126,411

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

5,121,347

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,052,205

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

1,763,340

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

1,763,340

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

820,108

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

814,022

Fair Value, Ending Balance

^[1],[2],[16]

814,022

Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

5,670,715

Fair Value, Ending Balance

6,000,784

^{[3],[4],[5],[17]}

6,000,784

^{[3],[4],[5],[17]}

5,670,715

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,075,067

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,925,717

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

3,598,574

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

3,598,574

Investment, Identifier [Axis]: Debt Investments | Internet Software & Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

63,165,311

Fair Value, Ending Balance

68,711,784

^[3],[4],[5]

68,711,784

^[3],[4],[5]

63,165,311

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,911,811

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

1,911,811

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,902,116

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

6,376,709

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

6,376,709

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,851,103

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(2,912)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(10,568)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,523,308

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,247,809

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,072,141

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,072,141

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,942,490

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

1,890,061

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

1,890,061

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

11,195,739

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

11,195,739

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

11,327,243

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[29]}

620,404

Fair Value, Ending Balance

1,055,949

^{[3],[4],[5],[17]}

1,055,949

^{[3],[4],[5],[17]}

620,404

^{[1],[2],[16],[18],[29]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[29]}

5,483,310

Fair Value, Ending Balance

^{[1],[2],[16],[18],[29]}

5,483,310

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,515,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(7,507)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,276,351

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

1,111,570

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

1,111,570

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,216,563

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

5,518,783

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

5,518,783

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,539,804

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

428,899

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

428,899

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

422,386

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

11,598,919

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

11,598,919

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

11,514,431

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

5,358,595

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

5,358,595

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

5,485,393

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,743,905

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

2,721,951

Fair Value, Ending Balance

^[1],[2],[16]

2,721,951

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(9,712)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(9,712)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(2,470)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

3,987,129

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

3,987,129

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,085,810

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,895,648

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[23],[27],[37]}

3,736,760

Fair Value, Ending Balance

^{[1],[2],[16],[18],[23],[27],[37]}

3,736,760

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(67,500)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(67,500)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

182,273

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

182,273

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

168,449

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,119,610

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

1,119,610

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

1,021,483

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[18],[22],[29]}

2,581,119

Fair Value, Ending Balance

^{[1],[2],[18],[22],[29]}

2,581,119

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,605,251

Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[16]

2,108,529

Fair Value, Ending Balance

2,164,614

^{[3],[4],[5],[17]}

2,164,614

^{[3],[4],[5],[17]}

2,108,529

^[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[16],[19]

(6,423)

Fair Value, Ending Balance

^[16],[19]

(6,423)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[16],[19]

(10,277)

Fair Value, Ending Balance

^[16],[19]

(10,277)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(2,936)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[2],[16]

2,125,229

Fair Value, Ending Balance

^[2],[16]

2,125,229

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,169,385

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(1,835)

Investment, Identifier [Axis]: Debt Investments | Machinery

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,338,545

Fair Value, Ending Balance

6,072,276

^{[3],[4],[5],[17]}

6,072,276

^{[3],[4],[5],[17]}

5,338,545

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,894,050

Fair Value, Ending Balance

^[1],[2],[16]

3,894,050

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,444,495

Fair Value, Ending Balance

^[1],[2],[16]

1,444,495

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(3,886)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(3,368)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

6,079,530

Investment, Identifier [Axis]: Debt Investments | Media

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,969,099

Fair Value, Ending Balance

6,515,746

^{[3],[4],[5],[17]}

6,515,746

^{[3],[4],[5],[17]}

5,969,099

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^[4],[5],[17]

589,949

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,248,353

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[29]}

2,274,441

Fair Value, Ending Balance

^{[1],[2],[16],[29]}

2,274,441

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(5,520)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(5,520)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

361,614

Fair Value, Ending Balance

^[1],[2],[16]

361,614

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

362,064

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,315,380

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,338,564

Fair Value, Ending Balance

^[1],[2],[16]

3,338,564

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19],[27],[37]}

1,956,190

Fair Value, Ending Balance

^{[1],[2],[16],[19],[27],[37]}

1,956,190

Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

9,547,415

Fair Value, Ending Balance

13,251,641

^{[3],[4],[5],[17]}

13,251,641

^{[3],[4],[5],[17]}

9,547,415

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

114,844

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(32,229)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(32,229)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

9,726,761

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

9,579,644

Fair Value, Ending Balance

^[1],[2],[16]

9,579,644

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,410,036

Investment, Identifier [Axis]: Debt Investments | Professional Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

40,804,744

Fair Value, Ending Balance

41,119,851

^{[3],[4],[5],[17]}

41,119,851

^{[3],[4],[5],[17]}

40,804,744

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[29]}

4,586,000

Fair Value, Ending Balance

^{[1],[2],[16],[29]}

4,586,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,795,000

Fair Value, Ending Balance

^[1],[2],[16]

4,795,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,885,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19],[27]}

(111,339)

Fair Value, Ending Balance

^{[1],[2],[16],[19],[27]}

(111,339)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[24]}

200,772

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

(39,921)

Fair Value, Ending Balance

^[1],[2],[16]

(39,921)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

168,534

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

10,982,609

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[27]}

10,640,854

Fair Value, Ending Balance

^{[1],[2],[16],[27]}

10,640,854

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

5,172,800

Fair Value, Ending Balance

^[1],[2],[16]

5,172,800

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

5,194,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

9,655,071

Fair Value, Ending Balance

^[1],[2],[16]

9,655,071

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

9,694,641

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

492,500

Fair Value, Ending Balance

^[1],[2],[16]

492,500

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

936,369

Fair Value, Ending Balance

^[1],[2],[16]

936,369

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

953,425

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,658,003

Fair Value, Ending Balance

^[1],[2],[16]

3,658,003

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,724,359

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,019,407

Fair Value, Ending Balance

^[1],[2],[16]

1,019,407

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,010,091

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,306,420

Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

6,300,500

Fair Value, Ending Balance

6,448,733

^{[3],[4],[5],[17]}

6,448,733

^{[3],[4],[5],[17]}

6,300,500

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25]}

1,846,133

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,844,267

Fair Value, Ending Balance

^[1],[2],[16]

1,844,267

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

(121,195)

Fair Value, Ending Balance

^[1],[2],[16]

(121,195)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,577,428

Fair Value, Ending Balance

^[1],[2],[16]

4,577,428

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,602,600

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

14,895,000

Fair Value, Ending Balance

^[1],[2],[16]

14,895,000

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

14,850,000

Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

2,053,600

Fair Value, Ending Balance

2,146,398

^{[3],[4],[5],[17]}

2,146,398

^{[3],[4],[5],[17]}

2,053,600

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

268,505

Fair Value, Ending Balance

^[1],[2],[16]

268,505

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

365,295

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,785,095

Fair Value, Ending Balance

^[1],[2],[16]

1,785,095

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[28]}

1,781,103

Investment, Identifier [Axis]: Debt Investments | Software

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

86,430,992

Fair Value, Ending Balance

102,686,951

^{[3],[4],[5],[17]}

102,686,951

^{[3],[4],[5],[17]}

86,430,992

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(8,210)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

1,040,367

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,384,723

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

2,375,297

Fair Value, Ending Balance

^[1],[2],[16]

2,375,297

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

8,594,961

Fair Value, Ending Balance

^[1],[2],[16]

8,594,961

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

8,666,947

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

194,627

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

4,377,829

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,273,786

Fair Value, Ending Balance

^[1],[2],[16]

4,273,786

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

90,710

Fair Value, Ending Balance

^[1],[2],[16]

90,710

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

657,055

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

501,333

Fair Value, Ending Balance

^[1],[2],[16]

501,333

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,816,153

Fair Value, Ending Balance

^[1],[2],[16]

4,816,153

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,896,278

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

4,674,868

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

4,756,630

Fair Value, Ending Balance

^[1],[2],[16]

4,756,630

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

73,362

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

46,158

Fair Value, Ending Balance

^[1],[2],[16]

46,158

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

265,505

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

94,783

Fair Value, Ending Balance

^[1],[2],[16]

94,783

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,753,717

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

2,746,350

Fair Value, Ending Balance

^[1],[2],[16]

2,746,350

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

5,049,217

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[22],[23]}

951,973

Fair Value, Ending Balance

^{[1],[2],[16],[18],[22],[23]}

951,973

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

958,511

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

1,875,195

Fair Value, Ending Balance

^[1],[2],[16]

1,875,195

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

1,888,072

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(1,220)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(1,220)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(10,179)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

349,821

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

349,821

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

4,379,464

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

1,464,827

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

1,464,827

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(11,160)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(11,160)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(2,337)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

1,896,028

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

1,896,028

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

1,988,077

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

1,536,096

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

905,004

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

905,004

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

1,522,758

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,520,757

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

1,520,757

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,522,758

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[27]}

(8,000)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[27]}

(8,000)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[24]}

90,507

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(4,000)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(4,000)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(4,747)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27],[39]}

1,781,995

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27],[39]}

1,781,995

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[21],[24]}

1,799,449

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

6,779,876

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

6,779,876

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

6,852,152

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

15,471

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(13,651)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(13,651)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

101,474

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(13,651)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(13,651)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

7,243,196

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

7,220,864

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

7,220,864

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

2,058,288

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

2,058,288

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

2,113,949

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

2,289,789

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

2,289,789

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

2,277,572

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(1,389)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

1,481,582

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

1,481,582

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

1,577,392

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[22],[23]}

(17,476)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[22],[23]}

(17,476)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[25],[26]}

(5,413)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[22],[23],[27]}

5,477,375

Fair Value, Ending Balance

^{[1],[2],[16],[18],[22],[23],[27]}

5,477,375

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24],[25],[26]}

5,819,252

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[22],[23],[27]}

(7,373)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[22],[23],[27]}

(7,373)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[25],[26]}

(7,373)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[22],[23],[27]}

3,730,961

Fair Value, Ending Balance

^{[1],[2],[16],[18],[22],[23],[27]}

3,730,961

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[25],[26]}

3,759,254

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

(7,237)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(5,601)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(5,601)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(6,918)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

4,538,163

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

4,538,163

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

5,927,096

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

7,422,580

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

7,422,580

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

7,446,117

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^[25],[26]

2,193,619

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

(3,893)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(25,952)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(25,952)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(10,686)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(10,686)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

(1,603)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

5,220,062

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

5,086,547

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

5,086,547

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19],[27]}

(22,963)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19],[27]}

(22,963)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20],[24]}

(18,889)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[19]}

(9,185)

Fair Value, Ending Balance

^{[1],[2],[16],[18],[19]}

(9,185)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

(7,556)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[27]}

1,454,124

Fair Value, Ending Balance

^{[1],[2],[16],[18],[27]}

1,454,124

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[24]}

1,505,902

Investment, Identifier [Axis]: Debt Investments | Specialty Retail

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

11,115,033

Fair Value, Ending Balance

10,658,045

^{[3],[4],[5],[17]}

10,658,045

^{[3],[4],[5],[17]}

11,115,033

^{[1],[2],[16],[18]}

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

988,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

916,000

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

916,000

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[29]}

3,387,070

Fair Value, Ending Balance

^{[1],[2],[16],[18],[29]}

3,387,070

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[28]}

3,443,584

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18]}

6,811,963

Fair Value, Ending Balance

^{[1],[2],[16],[18]}

6,811,963

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

6,226,461

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[18],[22],[23]}

10,452,514

Fair Value, Ending Balance

^{[1],[2],[16],[18],[22],[23]}

10,452,514

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

10,691,057

Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

9,821,542

Fair Value, Ending Balance

9,912,646

^{[3],[4],[5],[17]}

9,912,646

^{[3],[4],[5],[17]}

9,821,542

^[1],[2],[16]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(5,301)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(5,301)

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[20]}

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

9,826,843

Fair Value, Ending Balance

^[1],[2],[16]

9,826,843

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

9,912,646

Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,342,087

Fair Value, Ending Balance

^[1],[2],[16]

3,342,087

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[19]}

(49,315)

Fair Value, Ending Balance

^{[1],[2],[16],[19]}

(49,315)

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2],[16]

3,391,402

Fair Value, Ending Balance

^[1],[2],[16]

3,391,402

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17]}

3,451,925

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[16],[22],[23]}

4,781,475

Fair Value, Ending Balance

^{[1],[2],[16],[22],[23]}

4,781,475

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[17],[25],[26]}

4,840,286

Investment, Identifier [Axis]: Equity Securities

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

10,223,080

Fair Value, Ending Balance

3,931,932

^[3],[4],[5]

3,931,932

^[3],[4],[5]

10,223,080

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Capital Markets

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

38,478

Fair Value, Ending Balance

36,007

^[3],[4],[5]

36,007

^[3],[4],[5]

38,478

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marico Holdings, LLC | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marsico Holdings, LLC | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[41]}

Investment, Identifier [Axis]: Equity Securities | Capital Markets | Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Expiration 2/7/2030

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

38,478

Fair Value, Ending Balance

36,007

^{[3],[4],[5],[40],[41]}

36,007

^{[3],[4],[5],[40],[41]}

38,478

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Chemicals

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^[3],[4],[5]

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class A Preferred Stock

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[41],[42]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class B Preferred Stock

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^{[1],[2],[38],[43]}

Fair Value, Ending Balance

^{[3],[4],[5],[40],[41],[42]}

^{[1],[2],[38],[43]}

Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class C Common Stock

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[41],[42]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

1,431,195

Fair Value, Ending Balance

1,072,876

^[3],[4],[5]

1,072,876

^[3],[4],[5]

1,431,195

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Common Stock | Expiration 3/14/2032

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

31,965

Fair Value, Ending Balance

31,540

^{[3],[4],[5],[40],[41]}

31,540

^{[3],[4],[5],[40],[41]}

31,965

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Preferred Stock | Expiration 3/14/2032

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

25,645

Fair Value, Ending Balance

25,402

^{[3],[4],[5],[40],[41]}

25,402

^{[3],[4],[5],[40],[41]}

25,645

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | MXP Prime Platform GmbH (SellerX) (Germany) | Warrants to Purchase Preferred Series B Shares | Expiration 11/23/2028

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

97,941

Fair Value, Ending Balance

104,656

^{[3],[4],[5],[25],[26],[40],[41]}

104,656

^{[3],[4],[5],[25],[26],[40],[41]}

97,941

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | PerchHQ LLC | Warrants to Purchase Common Stock | Expiration 10/15/2027

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

252,226

Fair Value, Ending Balance

46,641

^{[3],[4],[5],[40],[41],[44]}

46,641

^{[3],[4],[5],[40],[41],[44]}

252,226

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares | Expiration 4/28/2028

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

702,914

Fair Value, Ending Balance

554,434

^{[3],[4],[5],[25],[26],[40],[41]}

554,434

^{[3],[4],[5],[25],[26],[40],[41]}

702,914

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Series C Shares | Expiration 4/28/2028

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

320,504

Fair Value, Ending Balance

310,203

^{[3],[4],[5],[25],[26],[40],[41]}

310,203

^{[3],[4],[5],[25],[26],[40],[41]}

320,504

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

187,336

Fair Value, Ending Balance

86,131

^[3],[4],[5]

86,131

^[3],[4],[5]

187,336

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Common Stock

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[42]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Preferred Stock | Total Coupon 13.50%

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^{[3],[4],[5],[32],[40],[42]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series D Stock | Expiration 2/11/2031

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

183,658

Fair Value, Ending Balance

85,201

^{[3],[4],[5],[25],[26],[40],[41]}

85,201

^{[3],[4],[5],[25],[26],[40],[41]}

183,658

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series E Stock | Expiration 8/27/2031

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

3,678

Fair Value, Ending Balance

930

^{[3],[4],[5],[25],[26],[40],[41]}

930

^{[3],[4],[5],[25],[26],[40],[41]}

3,678

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Household Durables Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[41]}

Investment, Identifier [Axis]: Equity Securities | Household Durables | Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

4,373,400

Fair Value, Ending Balance

^[1],[2]

4,373,400

Investment, Identifier [Axis]: Equity Securities | Internet Software & Services

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^[3],[4],[5]

273,000

Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | FinancialForce.com, Inc. | Warrants to Purchase Series C Preferred Stock | Expiration 1/30/2029

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

211,350

Fair Value, Ending Balance

273,000

^{[3],[5],[40],[41]}

273,000

^{[3],[5],[40],[41]}

211,350

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | SuCo Investors, LP (Suited Connector) | Warrants to Purchase Class A Units | Expiration 3/6/2033

Schedule Of Investments [Line Items]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[41]}

Investment, Identifier [Axis]: Equity Securities | Media | MBS Parent, LLC | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

49,500

^{[3],[4],[5],[40],[45]}

49,500

^{[3],[4],[5],[40],[45]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Metals & Mining | Kemmerer Holdings, LLC (WMLP) | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

1,618,248

Fair Value, Ending Balance

^[1],[2]

1,618,248

Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^[3],[4],[5]

^[1],[2]

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^{[3],[4],[5],[40]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) | Limited Partnership/Limited Liability Company Interests

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

Fair Value, Ending Balance

^{[3],[4],[5],[40],[44]}

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Software | Grey Orange International Inc. | Warrants to Purchase Common Stock | Expiration 5/6/2032

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

8,849

Fair Value, Ending Balance

14,302

^{[3],[4],[5],[40],[41]}

14,302

^{[3],[4],[5],[40],[41]}

8,849

^[1],[2]

Investment, Identifier [Axis]: Equity Securities | Trading Companies & Distributors | Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Preferred Stock | Total Coupon 12.50% PIK

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

2,354,224

Fair Value, Ending Balance

2,400,116

^{[3],[4],[5],[24],[41]}

2,400,116

^{[3],[4],[5],[24],[41]}

2,354,224

^[1],[2]

Investment, Identifier [Axis]: Investments

Schedule Of Investments [Line Items]

Fair Value, Beginning Balance

^[1],[2]

570,489,084

Fair Value, Ending Balance

595,837,411

^[3],[4],[5]

595,837,411

^[3],[4],[5]

570,489,084

^[1],[2]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security

Schedule Of Investments [Line Items]

Dividend Income, Operating

31,794

^[6],[7]

456,686

^[8],[46]

Fair Value, Beginning Balance

3,574,438

^[7]

4,131,978

^[46]

4,131,978

^[46]

Net realized gain (loss)

(441,906)

^[6],[7]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

(864,398)

^[6],[7]

620,438

^[8],[46]

Acquisitions

112,178

^[7],[47]

347,444

^[46],[48]

Dispositions

2,380,312

^[7],[49]

(1,525,422)

^[46],[50]

Fair Value, Ending Balance

^[7]

3,574,438

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class A Preferred Stock

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[7]

^[8],[46]

Fair Value, Beginning Balance

^[7]

251,736

^[46]

251,736

^[46]

Net realized gain (loss)

^[6],[7]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

^[6],[7]

(251,736)

^[8],[46]

Acquisitions

^[7],[47]

^[46],[48]

Dispositions

^[7],[49]

^[46],[50]

Fair Value, Ending Balance

^[7]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class B Preferred Stock

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[7]

^[8],[46]

Fair Value, Beginning Balance

^[7]

^[46]

Net realized gain (loss)

^[6],[7]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

^[6],[7]

^[8],[46]

Acquisitions

^[7],[47]

^[46],[48]

Dispositions

^[7],[49]

^[46],[50]

Fair Value, Ending Balance

^[7]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class C Common Stock

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[7]

^[8],[46]

Fair Value, Beginning Balance

^[7]

^[46]

Net realized gain (loss)

^[6],[7]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

^[6],[7]

^[8],[46]

Acquisitions

^[7],[47]

^[46],[48]

Dispositions

^[7],[49]

^[46],[50]

Fair Value, Ending Balance

^[7]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Holdings, LLC (WMLP) | Limited Liability Co. Interest

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[7],[51]

^[8],[46]

Fair Value, Beginning Balance

1,618,248

^[7],[9],[51]

746,074

^[46]

746,074

^[46]

Net realized gain (loss)

(441,906)

^[6],[7],[51]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

(864,398)

^[6],[7],[51]

872,174

^[8],[46]

Acquisitions

^{[7],[47],[51]}

^[46],[48]

Dispositions

311,944

^{[7],[49],[51]}

^[46],[50]

Fair Value, Ending Balance

^[7],[51]

1,618,248

^[9]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Delayed Draw Term Loan, First Lien

Schedule Of Investments [Line Items]

Dividend Income, Operating

^[6],[7],[51]

1,170

^[8],[46]

Fair Value, Beginning Balance

^[7],[51]

42,550

^[46]

42,550

^[46]

Net realized gain (loss)

^[6],[7],[51]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

^[6],[7],[51]

^[8],[46]

Acquisitions

^{[7],[47],[51]}

1,188

^[46],[48]

Dispositions

^{[7],[49],[51]}

(43,738)

^[46],[50]

Fair Value, Ending Balance

^[7],[51]

Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Senior Secured Loan, First Lien

Schedule Of Investments [Line Items]

Dividend Income, Operating

31,794

^[6],[7],[51]

455,516

^[8],[46]

Fair Value, Beginning Balance

1,956,190

^[7],[51]

$ 3,091,618

^[46]

3,091,618

^[46]

Net realized gain (loss)

^[6],[7],[51]

^[8],[46]

Net increase or decrease in unrealized appreciation or depreciation

^[6],[7],[51]

^[8],[46]

Acquisitions

112,178

^{[7],[47],[51]}

346,256

^[46],[48]

Dispositions

2,068,368

^{[7],[49],[51]}

(1,481,684)

^[46],[50]

Fair Value, Ending Balance

^[7],[51]

$ 0

$ 1,956,190

[1]

As of December 31, 2022, the Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[2]

Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[3]

[4]

The Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[5]

Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[6]

Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

[7]

[8]

Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

[9]

The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

(2)

Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

[10]

The issuers of securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

[11]

Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

[12]

Acquisitions include increases in the cost basis of investments resulting from new purchases, PIK income, or amortization of original issue and market discounts for the six months ended June 30, 2023.

[13]

Acquisitions include increases in the cost basis of investments resulting from new portfolio investments, PIK interest or dividends, the amortization of unearned income, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company into this category from a different category for the year ended December 31, 2022.

[14]

Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the six months ended June 30, 2023.

[15]

[16]

[17]

[18]

[19]

[20]

[21]

[22]

[23]

Non-U.S. company or principal place of business outside the U.S.

[24]

[25]

Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of June 30, 2023, approximately 15.8% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[26]

Non-U.S. company or principal place of business outside the U.S.

[27]

[28]

Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[29]

Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[30]

This investment will have a first lien security interest after the senior tranches are repaid.

[31]

This investment will have a first lien security interest after the senior tranches are repaid.

[32]

[33]

Total coupon includes default interest of 2.00%.

[34]

[35]

[36]

Total coupon includes default interest of 2.00%.

[37]

[38]


Investment		Initial Acquisition Date
Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests		11/28/2007
FinancialForce.com, Warrants to Purchase Series C Preferred Stock		1/30/2019
Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units		2/7/2020
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock		2/11/2021
Advanced Lighting Technologies, LLC, Senior Secured Notes		3/16/2021
Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares		4/28/2021
Stitch Holdings, L.P., Limited Partnership Interests		7/30/2021
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock		8/27/2021
MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares		11/23/2021
Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock		12/14/2021
Elevate Brands Holdco Inc., Warrants to Purchase Common Stock		3/14/2022
Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock		3/14/2022
Grey Orange International Inc., Warrants to Purchase Common Stock		5/6/2022
PerchHQ LLC, Warrants to Purchase Common Stock		9/30/2022
Razor Group GmbH (Germany), Warrants to Purchase Series C Shares		12/23/2022

[39]

[40]

Non-income producing equity securities at June 30, 2023.

[41]


Investment		Initial Acquisition Date
Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests		11/28/2007
FinancialForce.com, Warrants to Purchase Series C Preferred Stock		1/30/2019
Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units		2/7/2020
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock		2/11/2021
Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares		4/28/2021
Stitch Holdings, L.P., Limited Partnership Interests		7/30/2021
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock		8/27/2021
MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares		11/23/2021
Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock		12/14/2021
Elevate Brands Holdco Inc., Warrants to Purchase Common Stock		3/14/2022
Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock		3/14/2022
Grey Orange International Inc., Warrants to Purchase Common Stock		5/6/2022
PerchHQ LLC, Warrants to Purchase Common Stock		9/30/2022
Razor Group GmbH (Germany), Warrants to Purchase Series C Shares		12/23/2022
SuCo Investors, LP (Suited Connector), Warrants to Purchase Class A Units		3/6/2023

[42]

[43]

Non-income producing equity securities at December 31, 2022.

[44]

[45]

[46]

[47]

[48]

Acquisitions include new purchases, PIK income and amortization of original issue and market discounts, and the movement of an existing portfolio company into this category from a different category for the year ended December 31, 2022.

[49]

[50]

[51]

Investment no longer held as of June 30, 2023.

Consolidated Statements of Operations - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Investment income

Total investment income

$ 19,941,461

$ 12,268,955

$ 38,705,426

$ 24,451,242

Operating expenses

Interest and other debt expenses

5,482,450

2,860,691

10,200,681

5,589,642

Management fees

2,221,908

1,947,167

4,352,380

4,007,031

Incentive fees on income

1,886,182

69,343

3,762,085

88,356

Incentive fees on capital gains(1)

^[1]

(1,073,068)

(1,544,569)

Director fees

299,375

153,125

449,000

306,250

Administrative expenses

288,454

299,262

581,088

664,769

Professional fees

249,734

207,489

443,161

510,346

Insurance expense

162,746

196,114

323,703

395,872

Investment advisor expenses

17,094

25,819

34,187

51,638

Other operating expenses

423,298

462,797

787,429

766,596

Total expenses

11,031,241

5,148,739

20,933,714

10,835,931

Net investment income

^[1]

8,910,220

7,120,216

17,771,712

13,615,311

Net realized gain (loss):

Net realized gain (loss)

195,593

(404,104)

825,913

Net change in unrealized appreciation (depreciation):

Net change in unrealized appreciation (depreciation) on Interest Rate Swap

(564,538)

(198,694)

(397,754)

(198,694)

Net change in unrealized appreciation (depreciation)

(7,602,122)

(9,660,376)

(7,346,520)

(11,459,010)

Net realized and unrealized gain (loss)

(7,406,529)

(9,660,376)

(7,750,624)

(10,633,097)

Net increase (decrease) in net assets resulting from operations

$ 1,503,691

$ (2,540,160)

$ 10,021,088

$ 2,982,214

Net investment income per share-basic

^[1]

$ 0.12

$ 0.1

$ 0.24

$ 0.18

Earnings (loss) per share - basic

^[1]

$ 0.02

$ (0.03)

$ 0.14

$ 0.04

Weighted average shares outstanding - basic

72,571,907

73,667,822

72,571,907

73,744,580

Net investment income per share-diluted

^[1],[2]

$ 0.12

$ 0.1

$ 0.24

$ 0.18

Earnings (loss) per share - diluted

^[1],[2]

$ 0.02

$ (0.03)

$ 0.14

$ 0.04

Weighted average shares outstanding - diluted

72,571,907

87,860,082

72,571,907

89,329,839

Non-Controlled, Non-Affiliated Investments

Investment income

Interest income (excluding PIK):

$ 18,541,747

$ 11,646,011

$ 35,954,222

$ 23,252,914

PIK interest income

999,236

126,140

2,028,467

249,158

PIK dividend income

89,040

78,729

175,382

154,611

Other income

311,438

301,503

515,561

562,091

Net realized gain (loss):

Net realized gain (loss)

195,593

37,802

825,913

Net change in unrealized appreciation (depreciation):

Net change in unrealized appreciation (depreciation)

(6,866,500)

(9,875,353)

(6,358,284)

(12,412,374)

Non-Controlled, Affiliated Investments

Investment income

PIK interest income

116,572

31,794

232,468

Net realized gain (loss):

Net realized gain (loss)

(441,906)

Net change in unrealized appreciation (depreciation):

Net change in unrealized appreciation (depreciation)

(352,787)

(864,398)

229,671

Controlled Investments

Net change in unrealized appreciation (depreciation):

Net change in unrealized appreciation (depreciation)

$ (171,084)

$ 766,458

$ 273,916

$ 922,387

[1]	Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).
[2]	For the three and six month periods ended June 30, 2022, the impact of the hypothetical conversion of the 2022 Convertible Notes was antidilutive (see Note 8).

Summary of Significant Accounting Policies - Schedule of Gross Unrealized Appreciation and Depreciation Based on Cost of Investments (Details)

Dec. 31, 2022

USD ($)

Accounting Policies [Abstract]

Tax basis of investments

$ 615,741,586

Unrealized appreciation

49,398,479

Unrealized depreciation

(95,970,114)

Net unrealized depreciation

$ (46,571,635)

^[1]

[1]	Includes net unrealized depreciation on the Company's Interest Rate Swap.

Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

8. Earnings (loss) per share

The following information sets forth the computation of basic and diluted net increase (decrease) in net assets from operations per share (earnings (loss) per share) for the three and six months ended June 30, 2023 and 2022.


	Three Months Ended					Six Months Ended
	June 30, 2023		June 30, 2022			June 30, 2023		June 30, 2022
Net increase (decrease) in net assets resulting from operations	$	1,503,691	$	(2,540,160	)	$	10,021,088	$	2,982,214
Weighted average shares outstanding – basic(1)		72,571,907		73,667,822			72,571,907		73,744,580
Earnings (loss) per share – basic and diluted	$	0.02	$	(0.03	)	$	0.14	$	0.04

(1)

No adjustments for interest or incremental shares on the 2022 Convertible Notes were included for the three and six months ended June 30, 2022 because the effect would be antidilutive.

Diluted earnings per share is computed using the if-converted method, which assumes conversion of convertible securities at the beginning of the reporting period and is intended to show the maximum dilution effect to common stockholders regardless of how the conversion can occur.

Debt - Summary of Carrying and Fair Values of Outstanding Debt (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Principal amount of debt	$ 283,171,157	$ 253,003,161
Fair Value	266,414,530	235,684,810
Credit Facility
Debt Instrument [Line Items]
Principal amount of debt	192,000,000	162,000,000
Fair Value	175,680,000	146,610,000
2025 Private Placement Notes
Debt Instrument [Line Items]
Principal amount of debt	91,171,157	91,003,161
Fair Value	$ 90,734,530	$ 89,074,810

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482900/835-30-50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(f))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
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-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/exampleRef
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Reference 6: http://www.xbrl.org/2003/role/exampleRef
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Reference 7: http://www.xbrl.org/2003/role/exampleRef
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Reference 8: http://www.xbrl.org/2003/role/exampleRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (c)
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 11: http://www.xbrl.org/2003/role/exampleRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1D

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1D

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 20: http://www.xbrl.org/2003/role/disclosureRef
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Reference 21: http://www.xbrl.org/2003/role/disclosureRef
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Reference 22: http://www.xbrl.org/2003/role/disclosureRef
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
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Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Paragraph 1F
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1F

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

Summary of Significant Accounting Policies - Schedule of Change in Value of Investment Over Change in Unobservable Input (Details)	6 Months Ended
	Jun. 30, 2023
Discount Rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Decrease
Impact to Value if Input Decreases	Increase
Revenue Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
EBITDA Multiples
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Book Value Multiples
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Implied Volatility
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Term
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Yield
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease

Summary of Significant Accounting Policies - Schedule of Changes in Investments Categorized as Level 3 (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 555,841,497	$ 490,500,672	$ 526,938,781	$ 525,028,730
Net realized and unrealized gains (losses)	$ (3,263,703)	$ (7,943,952)	$ (3,862,015)	$ (9,494,367)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 21,329,352	$ 71,589,638	$ 58,493,464	$ 114,481,615
Dispositions	(6,222,514)	(25,066,279)	(11,851,438)	(102,866,914)
Transfers into Level 3	7,380,725	6,987,400	6,371,096	7,041,150
Transfers out of Level 3	(14,884,038)	(1,877,265)	(15,908,569)
Ending balance	560,181,319	534,190,214	560,181,319	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (3,301,899)	$ (7,668,320)	$ (3,171,284)	$ (8,938,492)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Bank Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 525,892,549	$ 448,941,825	$ 494,932,878	$ 483,970,602
Net realized and unrealized gains (losses)	$ 1,398,994	$ (7,868,042)	$ 1,855,751	$ (9,826,619)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 21,238,755	$ 71,509,591	$ 58,314,673	$ 114,309,011
Dispositions	(5,719,598)	20,890,895	(10,258,442)	(98,691,530)
Transfers into Level 3	7,380,725	6,987,400	6,371,096	7,041,150
Transfers out of Level 3	(14,884,038)	0	0
Ending balance	535,307,387	496,802,614	535,307,387	496,802,614
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ 1,360,798	$ (7,592,410)	$ 1,309,491	$ (9,255,305)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Other Corporate Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 21,594,000	$ 28,664,354	$ 21,782,823	$ 28,568,871
Net realized and unrealized gains (losses)	$ (150,641)	$ 692,232	$ 436,820	$ 786,218
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 1,557	$ 1,318	$ 3,409	$ 2,815
Dispositions	(502,916)	4,175,384	(1,281,052)	(4,175,384)
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0
Ending balance	20,942,000	25,182,520	20,942,000	25,182,520
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (150,641)	$ 692,232	$ 367,507	$ 770,779
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Equity Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 8,354,948	$ 12,894,493	$ 10,223,080	$ 12,489,257
Net realized and unrealized gains (losses)	$ (4,512,056)	$ (768,142)	$ (6,154,586)	$ (453,966)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 89,040	$ 78,729	$ 175,382	$ 169,789
Dispositions	0	0	(311,944)	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0
Ending balance	3,931,932	12,205,080	3,931,932	12,205,080
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (4,512,056)	$ (768,142)	$ (4,848,282)	$ (453,966)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax

Debt (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Debt Outstanding and Available

Total debt outstanding and available at June 30, 2023 was as follows:


	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	S+2.25%	(1)	$	192,000,000		$	73,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,171,157	(5)		—			91,171,157
Debt, net of unamortized issuance costs				$	283,171,157		$	73,000,000		$	356,171,157

(1)

The applicable margin for SOFR-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

(2)

Subject to borrowing base and leverage restrictions.

(3)

Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)

The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)

The carrying value of 2025 Private Placement Notes was comprised of the following:


	June 30, 2023
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(828,843	)
Carrying value	$	91,171,157

Total debt outstanding and available at December 31, 2022 was as follows:


	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	L+2.00%	(1)	$	162,000,000		$	103,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,003,161	(5)		—			91,003,161
Debt, net of unamortized issuance costs				$	253,003,161		$	103,000,000		$	356,003,161

(1)

The applicable margin for LIBOR-based borrowings was either 2.00% or 2.25% depending on a ratio of the borrowing base to certain indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain indebtedness.

(2)

Subject to borrowing base and leverage restrictions.

(3)

Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)

(5)

The carrying value of 2025 Private Placement Notes was comprised of the following:


	December 31, 2022
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(996,839	)
Carrying value	$	91,003,161

Schedule of Total Expenses Related to Debt

Total expenses related to debt for the three and six months ended June 30, 2023 and 2022 included the following:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stated interest expense	$	5,136,153	$	2,322,209	$	9,546,288	$	4,489,106
Amortization of deferred debt issuance costs		249,058		325,665		445,104		668,747
Total interest expense		5,385,211		2,647,874		9,991,392		5,157,853
Commitment and credit facility fees		97,239		212,817		209,289		431,789
Total	$	5,482,450	$	2,860,691	$	10,200,681	$	5,589,642

Summary of Carrying and Fair Values of Outstanding Debt

The carrying and fair values of the Company’s outstanding debt as of June 30, 2023 and December 31, 2022 were as follows:


	June 30, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Credit Facility	$	192,000,000	$	175,680,000	$	162,000,000	$	146,610,000
2025 Private Placement Notes		91,171,157		90,734,530		91,003,161		89,074,810
Total	$	283,171,157	$	266,414,530	$	253,003,161	$	235,684,810

Subsequent Events

6 Months Ended

Jun. 30, 2023

Subsequent Events [Abstract]

Subsequent events

11. Subsequent events

On August 1, 2023, the Company’s Board declared a dividend of $0.10 per share, payable on October 6, 2023 to stockholders of record at the close of business on September 15, 2023.

The Company has reviewed subsequent events occurring through the date that these consolidated financial statements were available to be issued and determined that no subsequent events occurred requiring accrual or disclosure, except as disclosed above and elsewhere in these notes to consolidated financial statements.

Financial Highlights (Tables)

6 Months Ended

Jun. 30, 2023

Investment Company [Abstract]

Schedule of Financial Highlights

The following per share data and ratios have been derived from information provided in the consolidated financial statements. The following is a schedule of financial highlights for a common share outstanding for the six months ended June 30, 2023 and 2022:


	Six Months Ended
	June 30, 2023			June 30, 2022
Per Share Data:
Net asset value, beginning of period	$	4.39		$	4.73

Investment Operations:
Net investment income, before incentive fees		0.30			0.16
Incentive fees(1)		(0.05	)		0.02
Net investment income(1)		0.25			0.18
Net realized and unrealized gain (loss)		(0.11	)		(0.14	)
Total from investment operations		0.14			0.04

Cumulative effect of adjustment for the adoption of ASU 2020-06(2)		—			(0.01	)

Repurchase of common stock		—			0.01

Dividends to stockholders(3)		(0.20	)		(0.20	)

Net asset value, end of period	$	4.33		$	4.57

Market price at end of period	$	3.28		$	3.67
Total return based on market price(4)		(4.14	)%		(3.67	)%
Total return based on net asset value(5)		4.35	%		1.44	%
Shares outstanding at end of period		72,571,907			73,354,142

Ratios to average net assets(6):
Operating expenses, before incentive fees		4.40	%		3.92	%
Interest and other debt related expenses		6.44	%		3.26	%
Total expenses, before incentive fees		10.84	%		7.18	%
Incentive fees(1)		1.18	%		(0.42	)%
Total expenses, after incentive fees		12.02	%		6.76	%
Net investment income		12.42	%		7.53	%

Net assets at end of period	$	314,029,059		$	335,444,647
Portfolio turnover rate		5	%		19	%
Weighted average interest rate on debt(7)		7.45	%		4.94	%
Weighted average debt outstanding	$	270,570,675		$	210,643,606
Weighted average shares outstanding		72,571,907			73,744,580
Weighted average debt per share(8)	$	3.73		$	2.86

(1)

For the six months ended June 30, 2023, the net investment income per share amount displayed above is net of incentive fees based on income of $0.05 per share or 1.18% of average net assets. For the six months ended June 30, 2022, the net investment income per share amount displayed above is net of a reversal of hypothetical liquidation basis GAAP incentive fees on capital gains of $(0.02) per share, or (0.45)% of average net assets, and is also net of incentive fees based on income.

(2)

The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 (see Note 4).

(3)

For the six months ended June 30, 2023, it is estimated that all of the $14.5 million declared dividends were from net investment income based on book income. The amount of dividend related to net investment income and return of capital will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2).

(4)

Total return based on market value is calculated by determining the percentage change in market value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(5)

Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(6)

Annualized, except for incentive fees.

(7)

Weighted average interest rate on debt includes contractual interest and amortization of debt issuance costs (see Note 4).

(8)

Weighted average debt per share is calculated as weighted average debt outstanding divided by the weighted average shares outstanding during the applicable period.

Statements of Assets and Liabilities - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Assets
Investments at fair value	$ 595,837,411	$ 570,489,084
Cash and cash equivalents	12,405,398	9,531,190
Interest, dividends and fees receivable	6,836,319	5,515,446
Due from broker	2,097,000	1,946,507
Deferred debt issuance costs	1,347,337	1,055,117
Receivable for investments sold	36,986	12,096
Prepaid expenses and other assets	403,727	510,706
Total assets	618,964,178	589,060,146
Liabilities
Debt (net of deferred issuance costs of $828,843 and $996,839)	283,171,157	253,003,161
Dividends payable	7,257,191	7,257,191
Income incentive fees payable (see Note 3)	7,165,434	3,403,349
Management fees payable	2,221,908	2,186,540
Interest and debt related payables	1,698,635	738,719
Interest Rate Swap at fair value	1,445,045	1,332,299
Accrued administrative expenses	288,454	397,299
Payable for investments purchased	1,463	600,391
Accrued expenses and other liabilities	1,685,832	1,618,844
Total liabilities	304,935,119	270,537,793
Commitments and contingencies (see Note 9)
Net assets
Common stock, par value $.001 per share, 200,000,000 common shares authorized, 84,481,797 issued and 72,571,907 outstanding	84,482	84,482
Paid-in capital in excess of par	850,199,351	850,199,351
Distributable earnings (losses)	(462,881,072)	(458,387,778)
Treasury stock at cost, 11,909,890 shares held	(73,373,702)	(73,373,702)
Total net assets	314,029,059	318,522,353
Total liabilities and net assets	$ 618,964,178	$ 589,060,146
Latest NAV	$ 4.33	$ 4.39
Non-Controlled, Non-Affiliated Investments
Assets
Investments at fair value	$ 580,838,411	$ 551,686,646
Non-Controlled, Affiliated Investments
Assets
Investments at fair value	0	3,574,438
Controlled Investments
Assets
Investments at fair value	$ 14,999,000	$ 15,228,000

Consolidated Schedules of Investments (Affiliate Security) (Unaudited) (Parenthetical)	Jun. 30, 2023	Dec. 31, 2022
Investment, Identifier [Axis]: Cash and Cash Equivalents
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.00%	3.00%
Investment, Identifier [Axis]: Cash and Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	193.70%	182.10%
Investment, Identifier [Axis]: Controlled Affiliated Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.80%	4.80%
Investment, Identifier [Axis]: Debt Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	188.50%	175.90%
Investment, Identifier [Axis]: Equity Securities
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	1.20%	3.20%
Investment, Identifier [Axis]: Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	189.70%	179.10%
Investment, Identifier [Axis]: Non Controlled Affiliated Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	0.00%	1.10%

- Definition

Percentage of investment owned to net assets.

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+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

Investment - Schedule of Industry Composition of Portfolio at Fair Value (Details) - Investments, at Fair Value - Industry Concentration Risk	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	100.00%	100.00%
Software
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	17.20%	15.20%
Diversified Financial Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	14.70%	14.50%
Internet Software & Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	11.60%	11.10%
Diversified Consumer Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	7.70%	8.30%
Professional Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	6.90%	7.20%
Health Care Technology
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	4.30%	4.40%
Health Care Providers & Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	3.60%	3.70%
Construction & Engineering
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.40%	2.60%
Road & Rail
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.50%	2.60%
Insurance
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.50%	2.50%
IT Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	3.40%	2.50%
Containers & Packaging
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.30%	2.50%
Paper & Forest Products
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.20%	1.70%
Specialty Retail
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.80%	1.90%
Hotels, Restaurants & Leisure
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.90%	0.90%
Technology Hardware, Storage & Peripherals
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.80%	1.80%
Textiles, Apparel & Luxury Goods
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.70%	1.70%
Consumer Finance
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.90%	1.30%
Media
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.00%
Commercial Services & Supplies
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.10%
Real Estate Management & Development
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.10%
Trading Companies & Distributors
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	1.00%
Internet & Catalog Retail
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	1.00%
Machinery
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	0.90%
Wireless Telecommunication Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.80%	0.80%
Household Durables
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.80%
Leisure Products
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.50%
Building Products
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Automobiles
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Semiconductors & Semiconductor Equipment
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Life Sciences Tools & Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Distributors
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Capital Markets
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.10%	0.20%
Health Care Equipment & Supplies
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	2.50%
Metals & Mining
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.60%
Electrical Equipment
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.10%
Chemicals
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.00%
Oil, Gas & Consumable Fuels
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.00%

Earnings (Loss) Per Share - Schedule of Computation Basic and Diluted Net Increase (Decrease) in Net Assets from Operations Per Share (Details) - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Income (Loss)

$ 1,503,691

$ (2,540,160)

$ 10,021,088

$ 2,982,214

Weighted average shares outstanding - basic

72,571,907

73,667,822

72,571,907

73,744,580

Earnings (loss) per share - basic

^[1]

$ 0.02

$ (0.03)

$ 0.14

$ 0.04

Earnings (loss) per share - diluted

^[1],[2]

$ 0.02

$ (0.03)

$ 0.14

$ 0.04

[1]	Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).
[2]	For the three and six month periods ended June 30, 2022, the impact of the hypothetical conversion of the 2022 Convertible Notes was antidilutive (see Note 8).

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Debt

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Debt

4. Debt

Debt is comprised of a senior secured revolving credit facility dated as of February 19, 2016 (as amended, amended and restated, supplemented or otherwise modified from time to time, including as amended and restated by the seventh amendment thereto, dated as of April 26, 2023, the “Credit Facility”) and senior unsecured notes issued through a private placement on June 9, 2022 by the Company and due December 9, 2025 (the “2025 Private Placement Notes”). Prior to being repaid on June 15, 2022, debt also included the Company’s unsecured convertible senior notes due 2022 (the “2022 Convertible Notes”).

Effective on May 2, 2020, after obtaining stockholder approval at the annual meeting of the Company’s stockholders held on May 1, 2020, the Company’s asset coverage requirement was reduced from 200% to 150%, as set forth in Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act. As of June 30, 2023 and December 31, 2022, the Company’s asset coverage was 210% and 225%, respectively.

Total debt outstanding and available at June 30, 2023 was as follows:


	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	S+2.25%	(1)	$	192,000,000		$	73,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,171,157	(5)		—			91,171,157
Debt, net of unamortized issuance costs				$	283,171,157		$	73,000,000		$	356,171,157

(1)

(2)

Subject to borrowing base and leverage restrictions.

(3)

Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)

(5)

The carrying value of 2025 Private Placement Notes was comprised of the following:


	June 30, 2023
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(828,843	)
Carrying value	$	91,171,157

Total debt outstanding and available at December 31, 2022 was as follows:


	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	L+2.00%	(1)	$	162,000,000		$	103,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,003,161	(5)		—			91,003,161
Debt, net of unamortized issuance costs				$	253,003,161		$	103,000,000		$	356,003,161

(1)

(2)

Subject to borrowing base and leverage restrictions.

(3)

Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)

(5)

The carrying value of 2025 Private Placement Notes was comprised of the following:


	December 31, 2022
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(996,839	)
Carrying value	$	91,003,161

The Company’s weighted average outstanding debt balance during the three months ended June 30, 2023 and 2022 was $278,335,448 and $213,448,919, respectively. The maximum amounts borrowed during the three months ended June 30, 2023 and 2022 were $286,142,384 and $377,673,980, respectively. The Company’s weighted average outstanding debt balance during the six months ended June 30, 2023 and 2022 was $270,570,675 and $210,643,606, respectively. The maximum amounts borrowed during the six months ended June 30, 2023 and 2022 were $286,142,384 and $377,671,273, respectively.

The weighted average annual interest cost, including the amortization of debt issuance costs for the three and six months ended June 30, 2023 was 7.76% and 7.45%, respectively, exclusive of commitment fees. The weighted average annual interest cost, including the amortization of debt issuance costs for the three and six months ended June 30, 2022 was 4.98% and 4.94%, respectively, exclusive of commitment fees. With respect to any unused portion of the commitments under the Credit Facility, the Company incurs an annual commitment fee of 0.40%.

Total expenses related to debt for the three and six months ended June 30, 2023 and 2022 included the following:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stated interest expense	$	5,136,153	$	2,322,209	$	9,546,288	$	4,489,106
Amortization of deferred debt issuance costs		249,058		325,665		445,104		668,747
Total interest expense		5,385,211		2,647,874		9,991,392		5,157,853
Commitment and credit facility fees		97,239		212,817		209,289		431,789
Total	$	5,482,450	$	2,860,691	$	10,200,681	$	5,589,642

Outstanding debt is carried at amortized cost in the Consolidated Statements of Assets and Liabilities. The fair value of the Company’s Credit Facility is derived by taking the average of the high and low quotes as obtained from a broker, and is classified as Level 2 with respect to the fair value hierarchy. The fair value of the Company’s 2025 Private Placement Notes is derived by an independent valuation firm, and is classified as Level 3 with respect to the fair value hierarchy.

The carrying and fair values of the Company’s outstanding debt as of June 30, 2023 and December 31, 2022 were as follows:


	June 30, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Credit Facility	$	192,000,000	$	175,680,000	$	162,000,000	$	146,610,000
2025 Private Placement Notes		91,171,157		90,734,530		91,003,161		89,074,810
Total	$	283,171,157	$	266,414,530	$	253,003,161	$	235,684,810

At June 30, 2023, the Company was in compliance with all covenants required under the Credit Facility and 2025 Private Placement Notes.

Senior Secured Revolving Credit Facility

The Company’s most recent amendment under the Credit Facility (i) replaces the LIBOR-based interest rate benchmark provisions with interest rate benchmark provisions based on (a) in the case of borrowings denominated in U.S. dollars, a forward-looking term SOFR-based rate, (b) in the case of borrowings denominated in Canadian dollars, a CDOR-based rate and (c) in the case of borrowings denominated in Euros or any other Agreed Foreign Currency (as defined in the Credit Facility) (excluding Canadian dollars), a EURIBO-based rate (such

replacement benchmark as referred to in subclauses (a) – (c), collectively, the “Benchmarks”) and (ii) adds a 10 basis point credit spread adjustment for borrowings bearing interest based on SOFR. The applicable margin for Benchmark-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

The Credit Facility (a) provides for amounts to be drawn up to $265,000,000, by which the Company may seek an increase in the commitments to $325,000,000 (subject to satisfaction of certain conditions, including obtaining commitments), (b) has a maturity date of April 23, 2025 and (c) requires a minimum shareholders’ equity under the Credit Facility to the greater of (i) 33% of the total assets of the Company and its subsidiaries and (ii) $240,000,000 plus 25% of net proceeds from the sale of equity interests by the Company and its subsidiaries.

Under the Credit Facility, the Company is required to comply with various customary affirmative and restrictive covenants, including reporting requirements and financial covenants, including, without limitation, covenants related to: (a) limitations on the incurrence of additional indebtedness and liens, (b) limitations on certain investments and fundamental changes, (c) limitations on dividends and certain other restricted payments, (d) certain restrictions on subsidiaries, (e) maintaining a certain minimum shareholders’ equity, (f) maintaining an asset coverage ratio of not less than 1.5:1.0, (g) maintaining a senior coverage ratio of not less than 2.0:1:0, (h) limitations on certain transactions with affiliates, (i) limitations on pledging certain unencumbered assets, and (j) limitations on the creation or existence of agreements that prohibit liens on certain properties of the Company and certain of its subsidiaries. These covenants are subject to important limitations and exceptions that are described in the Credit Facility and other loan documents. Further, amounts available to borrow under the Credit Facility (and the incurrence of certain other permitted debt) are also subject to compliance with a borrowing base that applies different advance rates to different types of assets in the Company’s portfolio that are pledged as collateral. The Credit Facility is secured by a lien on substantially all of the assets of the Company and its wholly owned domestic subsidiaries, subject to certain customary exceptions.

Unsecured Senior Notes Due 2025

On April 21, 2022, the Company entered into a Master Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance on June 9, 2022, of $92,000,000 in aggregate principal amount of senior unsecured notes in two tranches to qualified institutional investors in a private placement. The Company issued $35,000,000 in aggregate principal amount of 2025 Private Placement Notes with a fixed interest rate of 5.82% with interest to be paid semi-annually on June 9 and December 9 of each year, beginning on December 9, 2022, and $57,000,000 in aggregate principal amount of 2025 Private Placement Notes bearing interest at a rate equal to SOFR plus 3.14% with interest to be paid quarterly on March 9, June 9, September 9, and December 9 of each year, beginning on September 9, 2022. In addition, during any time that the rating assigned to the 2025 Private Placement Notes declines below investment grade, the 2025 Private Placement Notes will bear interest at a rate that is increased by 1.00%. The 2025 Private Placement Notes were issued at a closing which occurred on June 9, 2022. The 2025 Private Placement Notes will be due on December 9, 2025 unless redeemed, purchased or prepaid prior to such date by the Company or its affiliates in accordance with their terms. The Company may prepay the 2025 Private Placement Notes at its option, subject to a prepayment premium, in an amount equal to 2% on or before June 9, 2023, 1% after June 9, 2023 but on or before June 9, 2024, 0.5% after June 9, 2024 but on or before June 9, 2025 and zero after June 9, 2025. In addition, the Company will be obligated to offer to repay the 2025 Private Placement Notes at par if certain change in control events occur. The 2025 Private Placement Notes are general unsecured obligations of the Company that rank pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company.

In connection with the 2025 Private Placement Notes, the Company entered into a centrally cleared Interest Rate Swap to offset interest payable on the fixed rate tranche of the Notes. The notional amount of the Interest Rate Swap is $35,000,000 and matures on June 9, 2025. Under the swap agreement, the Company receives a fixed rate of 2.633% and pays a floating interest rate of SOFR. Such payments will be due annually. For the three and six months ended June 30, 2023, the Company made a periodic net interest payment in the amount of $353,268 to the counterparty. Since the swap contract has not been designated as a hedge accounting relationship pursuant to ASC 815, “Derivatives and Hedging,” both the net interest receivable and the change in the fair value of the swap contract are presented as part of the change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the Interest Rate Swap had a fair value of $(1,445,045) and $(1,332,299), respectively, which is reflected as a liability on the Consolidated Statements of Assets and Liabilities; such fair value is inclusive of any net periodic interest accruals and payments on the contract. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 2 for further information.

The Note Purchase Agreement contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act of 1940, as amended, and a regulated investment company under the Internal Revenue Code of 1986, as amended, minimum shareholders’ equity, minimum asset coverage ratio, and prohibitions on certain fundamental changes of the Company. The Note Purchase Agreement also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

Unsecured Convertible Senior Notes Due 2022

On June 13, 2017, the Company issued $143,750,000 in aggregate principal amount ($125,000,000 of the initial offering and $18,750,000 of the underwriters’ exercise of the overallotment option) of 5.00% Convertible Notes due 2022 under an indenture, dated as of

June 13, 2017 (the “2022 Convertible Notes Indenture”). Net proceeds to the Company from the offering, including the exercise of the overallotment option, were approximately $139,800,000. The 2022 Convertible Notes matured on June 15, 2022, and the Company fully repaid the aggregate outstanding $143,720,000 principal amount (post noteholder conversion) plus outstanding accrued interest. The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017. Holders were able to convert their notes at their option prior to the close of business on the business day immediately preceding December 15, 2021, in integral multiples of $1,000 principal amount, only under certain circumstances. Upon noteholder conversion, the Company was able to pay or deliver, as the case may be, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election at an initial conversion rate of 118.2173 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $8.46 per share of the Company’s common stock. On or after December 23, 2021, the Company was able to redeem the 2022 Convertible Notes for cash, in whole or from time to time in part, at its option in accordance with their terms. During the year ended December 31, 2022, the Company issued 3,546 shares of common stock with an aggregate value of $30,000 to a noteholder who elected the conversion option in lieu of principal repayment pursuant to the redemption terms of the 2022 Convertible Notes Indenture.

Prior to the adoption of ASU 2020-06, the Company determined that the embedded conversion options in the 2022 Convertible Notes were not required to be separately accounted for as a derivative under U.S. GAAP. In accounting for the 2022 Convertible Notes, at the time of issuance the Company estimated separate debt and equity components, and an original issue discount equal to the equity component was recorded in additional paid-in-capital in the accompanying Consolidated Statements of Assets and Liabilities. As of January 1, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company has recombined the equity conversion component of our 2022 Convertible Notes outstanding, and before its maturity, had begun accounting for the 2022 Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $4,337,631, offset by a decrease to accumulated loss of $3,888,233 as of January 1, 2022, and an increase to the carrying value of the 2022 Convertible Notes of $449,398.

The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//470/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

Debt - Schedule of Debt Outstanding and Available (Parenthetical) (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 09, 2022	Jun. 30, 2023	Dec. 31, 2022
Line Of Credit Facility [Line Items]
Carrying value		$ 283,171,157	$ 253,003,161
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Adjustment to credit spread percentage		0.10%
Credit Facility
Line Of Credit Facility [Line Items]
Carrying value		$ 192,000,000	162,000,000
Credit facility, increase in borrowing capacity subject to satisfaction of certain conditions		$ 325,000,000	$ 325,000,000
Credit Facility \| LIBOR
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			2.00%
Credit Facility \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate		2.25%
Credit Facility \| Minimum
Line Of Credit Facility [Line Items]
Applicable margin for ABR borrowings		1.00%	1.00%
Credit Facility \| Minimum \| LIBOR
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings			2.00%
Credit Facility \| Minimum \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings		2.00%
Credit Facility \| Maximum
Line Of Credit Facility [Line Items]
Applicable margin for ABR borrowings		1.25%	1.25%
Credit Facility \| Maximum \| LIBOR
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings			2.25%
Credit Facility \| Maximum \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings		2.25%
2025 Private Placement Notes
Line Of Credit Facility [Line Items]
Unamortized issuance costs		$ (828,843)	$ (996,839)
Carrying value		91,171,157	91,003,161
Principal amount of debt		$ 92,000,000	$ 92,000,000
2025 Private Placement Notes \| Fixed Interest Rate
Line Of Credit Facility [Line Items]
Debt instrument, interest rate	5.82%	5.82%	5.82%
Principal amount of debt	$ 35,000,000	$ 35,000,000	$ 35,000,000
2025 Private Placement Notes \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	3.14%	3.14%	3.14%
Principal amount of debt	$ 57,000,000	$ 57,000,000	$ 57,000,000

Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Basis of Presentation

Expenses are recorded on an accrual basis.

Unaudited Interim Consolidated Financial Statements

Use of Estimates

Investment Valuation

(i)

(ii)

(iii)

The Valuation Committee reviews the preliminary valuations prepared by the independent valuation firm and the Valuation Designee, as applicable;

(iv)

(v)

value. As such, an independent valuation, in certain cases, may not be obtained until the quarter-end after the quarter the investment is acquired in.

Level 1 – Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

Level 2 – Valuations based on unadjusted quoted prices in markets that are not active or for which most significant inputs are observable, either directly or indirectly.

Transfers between levels, if any, represent the value as of the beginning of the period of any investment where a change in the pricing level occurred from the beginning to the end of the period.

At June 30, 2023, the Company’s investments were categorized as follows:


Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)

Includes senior secured loans.

(2)

Includes senior secured notes, unsecured debt and subordinated debt.

(3)

For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:


Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)

Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)

Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.


Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

At December 31, 2022, the Company’s investments were categorized as follows:


Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)

Includes senior secured loans.

(2)

Includes senior secured notes, unsecured debt and subordinated debt.

(3)

For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:


Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)

Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)

Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)

Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:


	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)

Includes payments received in kind and accretion of original issue and market discounts.

(2)

Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Investment Transactions

Cash and Cash Equivalents

Restricted Investments

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency amounts are translated into U.S. dollars on the following basis:

(i)

market value of investment securities, other assets and liabilities—at the spot exchange rate on the last business day of the period; and

(ii)

purchases and sales of investment securities, income and expenses—at the rates of exchange prevailing on the respective dates of such transactions, income or expenses.

Derivatives Instruments

Derivative Instruments:

The Company records all derivative financial instruments as either assets or liabilities at fair value on a gross basis in the Consolidated Statements of Assets and Liabilities.

Foreign Currency Forward Contracts and Warrants

Interest Rate Swap

Debt Issuance Costs

Revenue Recognition

Income Taxes

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:


	December 31, 2022
Tax basis of investments	$	615,741,586

Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)

Includes net unrealized depreciation on the Company's Interest Rate Swap.

Non-Accrual Loans

Market and Credit Risk

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

In the normal course of business, the Company invests in securities and enters into transactions where risks exist due to fluctuations in the market (market risk) or failure of the issuer of a security to meet all its obligations (issuer credit risk). The value of securities held by the Company may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Company; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency and interest rate and price fluctuations. The impact of epidemics and pandemics such as the coronavirus, could affect the economies of many nations, individual companies and the market in general in ways that cannot necessarily be foreseen at the present time. Similar to issuer credit risk, the Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

Debt - Additional Information (Details)			3 Months Ended			6 Months Ended		12 Months Ended
Debt - Additional Information (Details)	Jun. 09, 2022 USD ($) Tranche	Jun. 13, 2017 USD ($) $ / shares	Jun. 30, 2023 USD ($)	Mar. 31, 2023	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) shares	Jan. 01, 2022 USD ($)	May 02, 2020	May 01, 2020
Debt Instrument [Line Items]
Percentage of asset coverage requirement										150.00%	200.00%
Percentage of asset Coverage			210.00%			210.00%		225.00%
Weighted average outstanding debt balance			$ 278,335,448		$ 213,448,919	$ 270,570,675	$ 210,643,606
Maximum amounts borrowed			$ 286,142,384			$ 286,142,384	$ 377,671,273
Maximum amounts borrowed					$ 377,673,980
Weighted average annual interest cost			7.76%		4.98%	7.45%	4.94%
Line of credit facility unused portion of commitment fee percentage						0.40%
Credit facility, commitment fee amount			$ 97,239		$ 212,817	$ 209,289	$ 431,789
Decrease in accumulated loss			(462,881,072)			(462,881,072)		$ (458,387,778)
Interest Rate Swap
Debt Instrument [Line Items]
Notional amount			$ 35,000,000			$ 35,000,000
Maturity date						Jun. 09, 2025
Fixed interest rate			2.633%			2.633%
Periodic payment			$ 353,268			$ 353,268
Fair value			$ (1,445,045)			$ (1,445,045)		(1,332,299)
SOFR
Debt Instrument [Line Items]
Adjustment to credit spread percentage			0.10%			0.10%
ASU 2020-06
Debt Instrument [Line Items]
Decrease in accumulated loss									$ 3,888,233
Decrease in additional paid in capital									4,337,631
Increase in carrying value of Convertible Notes									$ 449,398
Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity			$ 265,000,000			$ 265,000,000		265,000,000
Credit facility, increase in borrowing capacity subject to satisfaction of certain conditions			$ 325,000,000			$ 325,000,000		$ 325,000,000
Credit facility maturity date						Apr. 23, 2025
Minimum shareholders' equity requirement percentage of total assets						33.00%
Net proceeds from sale of equity interests						$ 240,000,000
Net proceeds from sale of equity interests percentage						25.00%
Debt instrument, covenant description						Under the Credit Facility, the Company is required to comply with various customary affirmative and restrictive covenants, including reporting requirements and financial covenants, including, without limitation, covenants related to: (a) limitations on the incurrence of additional indebtedness and liens, (b) limitations on certain investments and fundamental changes, (c) limitations on dividends and certain other restricted payments, (d) certain restrictions on subsidiaries, (e) maintaining a certain minimum shareholders’ equity, (f) maintaining an asset coverage ratio of not less than 1.5:1.0, (g) maintaining a senior coverage ratio of not less than 2.0:1:0, (h) limitations on certain transactions with affiliates, (i) limitations on pledging certain unencumbered assets, and (j) limitations on the creation or existence of agreements that prohibit liens on certain properties of the Company and certain of its subsidiaries. These covenants are subject to important limitations and exceptions that are described in the Credit Facility and other loan documents. Further, amounts available to borrow under the Credit Facility (and the incurrence of certain other permitted debt) are also subject to compliance with a borrowing base that applies different advance rates to different types of assets in the Company’s portfolio that are pledged as collateral. The Credit Facility is secured by a lien on substantially all of the assets of the Company and its wholly owned domestic subsidiaries, subject to certain customary exceptions.
Senior Secured Revolving Credit Facility \| Minimum
Debt Instrument [Line Items]
Applicable margin for ABR borrowings			1.00%			1.00%		1.00%
Debt instrument, asset coverage ratio			1.5			1.5
Debt instrument, senior coverage ratio			2			2
Senior Secured Revolving Credit Facility \| Maximum
Debt Instrument [Line Items]
Applicable margin for ABR borrowings			1.25%			1.25%		1.25%
Senior Secured Revolving Credit Facility \| SOFR
Debt Instrument [Line Items]
Credit spread adjustment (percent)						0.10%
Debt instrument, basis spread on variable rate						2.25%
Senior Secured Revolving Credit Facility \| SOFR \| Minimum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings			2.00%			2.00%
Senior Secured Revolving Credit Facility \| SOFR \| Maximum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings			2.25%			2.25%
Senior Secured Revolving Credit Facility \| LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate								2.00%
Senior Secured Revolving Credit Facility \| LIBOR \| Minimum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings								2.00%
Senior Secured Revolving Credit Facility \| LIBOR \| Maximum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings								2.25%
5.00% Convertible Notes Due 2022
Debt Instrument [Line Items]
Debt instrument, maturity date		Jun. 15, 2022
Aggregate principal amount		$ 143,750,000
Debt instrument, interest rate		5.00%
Net proceeds from offering including exercise of overallotment option		$ 139,800,000
Repayment of aggregate outstanding principal amount plus outstanding accrued interest		$ 143,720,000
Debt instrument interest repayment commencement date		Dec. 15, 2017
Debt instrument interest payment terms				The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017.
Debt instrument conversion multiples principal amount		$ 1,000
Debt instrument conversion rate		118.2173
Debt instrument conversion price per share \| $ / shares		$ 8.46
5.00% Convertible Notes Due 2022 \| Common Stock
Debt Instrument [Line Items]
Shares issued to noteholder \| shares								3,546
Aggregate value issued to a noteholder								$ 30,000
5.00% Convertible Notes Due 2022 \| IPO
Debt Instrument [Line Items]
Aggregate principal amount		$ 125,000,000
5.00% Convertible Notes Due 2022 \| Overallotment Option
Debt Instrument [Line Items]
Aggregate principal amount		$ 18,750,000
Unsecured Senior Notes Due 2025
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 09, 2025
Debt instrument, covenant description				The Note Purchase Agreement contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act of 1940, as amended, and a regulated investment company under the Internal Revenue Code of 1986, as amended, minimum shareholders’ equity, minimum asset coverage ratio, and prohibitions on certain fundamental changes of the Company. The Note Purchase Agreement also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.Unsecured Convertible Senior Notes Due 2022 On June 13, 2017, the Company issued $143,750,000 in aggregate principal amount ($125,000,000 of the initial offering and $18,750,000 of the underwriters’ exercise of the overallotment option) of 5.00% Convertible Notes due 2022 under an indenture, dated as of June 13, 2017 (the “2022 Convertible Notes Indenture”). Net proceeds to the Company from the offering, including the exercise of the overallotment option, were approximately $139,800,000. The 2022 Convertible Notes matured on June 15, 2022, and the Company fully repaid the aggregate outstanding $143,720,000 principal amount (post noteholder conversion) plus outstanding accrued interest. The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017. Holders were able to convert their notes at their option prior to the close of business on the business day immediately preceding December 15, 2021, in integral multiples of $1,000 principal amount, only under certain circumstances. Upon noteholder conversion, the Company was able to pay or deliver, as the case may be, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election at an initial conversion rate of 118.2173 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $8.46 per share of the Company’s common stock. On or after December 23, 2021, the Company was able to redeem the 2022 Convertible Notes for cash, in whole or from time to time in part, at its option in accordance with their terms. During the year ended December 31, 2022, the Company issued 3,546 shares of common stock with an aggregate value of $30,000 to a noteholder who elected the conversion option in lieu of principal repayment pursuant to the redemption terms of the 2022 Convertible Notes Indenture. Prior to the adoption of ASU 2020-06, the Company determined that the embedded conversion options in the 2022 Convertible Notes were not required to be separately accounted for as a derivative under U.S. GAAP. In accounting for the 2022 Convertible Notes, at the time of issuance the Company estimated separate debt and equity components, and an original issue discount equal to the equity component was recorded in additional paid-in-capital in the accompanying Consolidated Statements of Assets and Liabilities. As of January 1, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company has recombined the equity conversion component of our 2022 Convertible Notes outstanding, and before its maturity, had begun accounting for the 2022 Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $4,337,631, offset by a decrease to accumulated loss of $3,888,233 as of January 1, 2022, and an increase to the carrying value of the 2022 Convertible Notes of $449,398. The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.
Debt instrument interest payment terms						The Company issued $35,000,000 in aggregate principal amount of 2025 Private Placement Notes with a fixed interest rate of 5.82% with interest to be paid semi-annually on June 9 and December 9 of each year, beginning on December 9, 2022, and $57,000,000 in aggregate principal amount of 2025 Private Placement Notes bearing interest at a rate equal to SOFR plus 3.14% with interest to be paid quarterly on March 9, June 9, September 9, and December 9 of each year, beginning on September 9, 2022.
Number of tranches \| Tranche	2
Percentage of increase in interest rate	1.00%
Unsecured Senior Notes Due 2025 \| Prepayment on or Before June 9, 2023
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	2.00%
Unsecured Senior Notes Due 2025 \| Prepayment After June 9, 2023 but on or Before June 9, 2024
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	1.00%
Unsecured Senior Notes Due 2025 \| Prepayment After June 9, 2024 but on or Before June 9, 2025
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	0.50%
Unsecured Senior Notes Due 2025 \| Prepayment on or Before June 9, 2025
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	0.00%
Unsecured Senior Notes Due 2025 \| Tranche One
Debt Instrument [Line Items]
Debt instrument interest repayment commencement date	Dec. 09, 2022
Frequency of periodic payments						semi-annually
Unsecured Senior Notes Due 2025 \| Tranche Two
Debt Instrument [Line Items]
Aggregate principal amount	$ 92,000,000
Debt instrument interest repayment commencement date	Sep. 09, 2022
Debt instrument interest payment terms						quarterly
Unsecured Convertible Senior Notes Due2022 [Member]
Debt Instrument [Line Items]
Debt instrument, covenant description						The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.
2025 Private Placement Notes
Debt Instrument [Line Items]
Aggregate principal amount			$ 92,000,000			$ 92,000,000		92,000,000
2025 Private Placement Notes \| SOFR
Debt Instrument [Line Items]
Aggregate principal amount	$ 57,000,000		57,000,000			$ 57,000,000		$ 57,000,000
Debt instrument, basis spread on variable rate	3.14%					3.14%		3.14%
2025 Private Placement Notes \| Fixed Interest Rate
Debt Instrument [Line Items]
Aggregate principal amount	$ 35,000,000		$ 35,000,000			$ 35,000,000		$ 35,000,000
Debt instrument, interest rate	5.82%		5.82%			5.82%		5.82%

Insider Trading Arrangements	6 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Debt - Schedule of Debt Outstanding and Available (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 09, 2022	Jun. 30, 2023	Dec. 31, 2022
Line Of Credit Facility [Line Items]
Debt Instrument, Carrying Value		$ 283,171,157	$ 253,003,161
Debt, net of unamortized issuance costs, Carrying Value		283,171,157	253,003,161
Debt, net of unamortized issuance costs, Available		73,000,000	103,000,000
Debt, net of unamortized issuance, Total Capacity		$ 356,171,157	$ 356,003,161
Credit Facility
Line Of Credit Facility [Line Items]
Maturity		2025	2025
Rate		S+2.25%	L+2.00%
Credit Facility, Carrying Value		$ 192,000,000	$ 162,000,000
Debt Instrument, Carrying Value		192,000,000	162,000,000
Credit Facility, Available		73,000,000	103,000,000
Credit Facility, Total Capacity		$ 265,000,000	$ 265,000,000
Credit Facility \| LIBOR
Line Of Credit Facility [Line Items]
Rate			2.00%
Credit Facility \| SOFR
Line Of Credit Facility [Line Items]
Rate		2.25%
2025 Private Placement Notes
Line Of Credit Facility [Line Items]
Maturity		2025	2025
Rate		Fixed/Variable	Fixed/Variable
Debt Instrument, Carrying Value		$ 91,171,157	$ 91,003,161
Debt Instrument, Available		0	0
Debt Instrument, Total Capacity		$ 91,171,157	$ 91,003,161
2025 Private Placement Notes \| SOFR
Line Of Credit Facility [Line Items]
Rate	3.14%	3.14%	3.14%

Summary of Significant Accounting Policies - Schedule of Investments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	$ 595,837,411	$ 570,489,084
Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	570,963,479	538,483,181
Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	20,942,000	21,782,823
Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	3,931,932	10,223,080
Quoted Prices in Active Markets for Identical Assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets \| Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets \| Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets \| Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Other Direct and Indirect Observable Market Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	35,656,092	43,550,303
Other Direct and Indirect Observable Market Inputs \| Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	35,656,092	43,550,303
Other Direct and Indirect Observable Market Inputs \| Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Other Direct and Indirect Observable Market Inputs \| Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Valuation Sources that Employ Significant Unobservable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	560,181,319	526,938,781
Valuation Sources that Employ Significant Unobservable Inputs \| Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	535,307,387	494,932,878
Valuation Sources that Employ Significant Unobservable Inputs \| Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	20,942,000	21,782,823
Valuation Sources that Employ Significant Unobservable Inputs \| Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	$ 3,931,932	$ 10,223,080

- Definition

Fair value of investment in security owned.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 55
-Paragraph 1
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-URI https://asc.fasb.org//1943274/2147480493/946-210-55-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
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-Subparagraph (a)(2)
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-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
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-URI https://asc.fasb.org//1943274/2147480524/946-210-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org//1943274/2147480524/946-210-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-2

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-12

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(11))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-03(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(1))
-Publisher FASB
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Consolidated Schedules of Investments (Unaudited) (Parenthetical)	Jun. 30, 2023	Dec. 31, 2022
Investment, Identifier [Axis]: Cash and Cash Equivalents
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.00%	3.00%
Investment, Identifier [Axis]: Cash and Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	193.70%	182.10%
Investment, Identifier [Axis]: Controlled Affiliated Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.80%	4.80%
Investment, Identifier [Axis]: Debt Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	188.50%	175.90%
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Quarterly SOFR Floor Rate 1.5% and Spread 7.25% with Total Coupon 11.98% Maturity 2/7/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		1.00%
Investment, Identifier [Axis]: Debt Investments \| Capital Markets \| Pico Quantitative Trading, LLC \| First Lien Term Loan (1.0% Exit Fee) \| Quarterly SOFR \| Floor Rate 1.5% \| Spread 7.25% \| Total Coupon 12.75% \| Maturity 2/7/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	1.00%
Investment, Identifier [Axis]: Debt Investments \| Diversified Financial Services \| Worldremit Group Limited (United Kingdom) \| First Lien Term Loan (3.0% Exit Fee) \| LIBOR(Q) \| Floor Rate 1.00% \| Spread 9.25% \| Total Coupon 13.91% \| Maturity 2/11/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.00%
Investment, Identifier [Axis]: Debt Investments \| Diversified Financial Services \| Worldremit Group Limited (United Kingdom) \| First Lien Term Loan (3.0% Exit Fee) \| Quarterly/Monthly SOFR \| Floor Rate 1.00% \| Spread 9.25% \| Total Coupon 14.65% \| Maturity 2/11/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.00%
Investment, Identifier [Axis]: Debt Investments \| Health Care Providers & Services \| INH Buyer, Inc. (IMS Health) \| First Lien Term Loan (1.5% Exit Fee) \| SOFR(Q) \| Floor Rate 1.00% \| Spread 3.50% Cash + 3.50% PIK \| Total Coupon 11.68% \| Maturity 6/28/2028
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		1.50%
Investment, Identifier [Axis]: Debt Investments \| Health Care Providers & Services \| INH Buyer, Inc. (IMS Health) \| First Lien Term Loan (1.5% Exit Fee) \| SOFR(Q) \| Floor Rate 1.00% \| Spread 3.50% Cash + 3.50% PIK \| Total Coupon 12.34% \| Maturity 6/28/2028
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	1.50%
Investment, Identifier [Axis]: Debt Investments \| Internet Software & Services \| Persado, Inc. \| First Lien Delayed Draw Term Loan (6.575% Exit Fee) \| SOFR(M) \| Floor Rate 1.80% \| Spread 7.00% \| Total Coupon 11.12% \| Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		6.575%
Investment, Identifier [Axis]: Debt Investments \| Internet Software & Services \| Persado, Inc. \| First Lien Delayed Draw Term Loan (6.575% Exit Fee) \| SOFR(M) \| Floor Rate 1.80% \| Spread 7.50% \| Total Coupon 12.66% \| Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	6.575%
Investment, Identifier [Axis]: Debt Investments \| Internet Software & Services \| Persado, Inc. \| First Lien Term Loan (6.575% Exit Fee) \| SOFR(M) \| Floor Rate 1.80% \| Spread 7.00% \| Total Coupon 11.12% \| Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		6.575%
Investment, Identifier [Axis]: Debt Investments \| Internet Software & Services \| Persado, Inc. \| First Lien Term Loan (6.575% Exit Fee) \| SOFR(M) \| Floor Rate 1.80% \| Spread 7.50% \| Total Coupon 12.66% \| Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	6.575%
Investment, Identifier [Axis]: Debt Investments \| Professional Services \| JobandTalent USA, Inc. (United Kingdom) \| First Lien Delayed Draw Term Loan (3.0% Exit Fee) \| SOFR \| Floor Rate 1.00% \| Spread 8.75 % \| Total Coupon 13.19% \| Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.00%
Investment, Identifier [Axis]: Debt Investments \| Professional Services \| JobandTalent USA, Inc. (United Kingdom) \| First Lien Delayed Draw Term Loan (3.0% Exit Fee) \| SOFR(M) \| Floor Rate 1.00% \| Spread 8.75% \| Total Coupon 13.96% \| Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.00%
Investment, Identifier [Axis]: Debt Investments \| Professional Services \| JobandTalent USA, Inc. (United Kingdom) \| First Lien Term Loan (3.0% Exit Fee) \| SOFR(M) \| Floor Rate 1.00% \| Spread 8.75 % \| Total Coupon 13.19% \| Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.00%
Investment, Identifier [Axis]: Debt Investments \| Professional Services \| JobandTalent USA, Inc. (United Kingdom) \| First Lien Term Loan (3.0% Exit Fee) \| SOFR(M) \| Floor Rate 1.00% \| Spread 8.75% \| Total Coupon 13.96% \| Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.00%
Investment, Identifier [Axis]: Debt Investments \| Professional Services \| RigUp, Inc. \| First Lien Delayed Draw Term Loan (4.0% Exit Fee) \| LIBOR(M) \| Floor Rate 1.50% \| Spread 7.00% \| Total Coupon 11.81% \| Maturity 3/1/2024
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		4.00%
Investment, Identifier [Axis]: Debt Investments \| Software \| Aerospike, Inc. \| First Lien Delayed Draw Term Loan (0.50% Exit Fee) \| SOFR(M) \| Floor Rate 1.00% \| Spread 7.50% \| Total Coupon 12.72% \| Maturity 12/29/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	0.50%
Investment, Identifier [Axis]: Debt Investments \| Software \| Aerospike, Inc. \| First Lien Term Loan (0.50% Exit Fee) \| SOFR(M) \| Floor Rate 1.00% \| Spread 7.50% \| Total Coupon 12.72% \| Maturity 12/29/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	0.50%
Investment, Identifier [Axis]: Debt Investments \| Software \| Grey Orange Incorporated \| First Lien Delayed Draw Term Loan (3.75% Exit Fee) \| SOFR(Q) \| Floor Rate 1.00% \| Spread 7.25% \| Total Coupon 11.55% \| Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.75%
Investment, Identifier [Axis]: Debt Investments \| Software \| Grey Orange Incorporated \| First Lien Delayed Draw Term Loan (3.75% Exit Fee) \| SOFR(Q)/(S) \| Floor Rate 1.00% \| Spread 7.25% \| Total Coupon 12.58% \| Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.75%
Investment, Identifier [Axis]: Debt Investments \| Software \| Grey Orange Incorporated \| First Lien Term Loan (3.75% Exit Fee) \| SOFR(Q) \| Floor Rate 1.00% \| Spread 7.25% \| Total Coupon 12.23% \| Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.75%
Investment, Identifier [Axis]: Debt Investments \| Software \| Grey Orange Incorporated \| First Lien Term Loan (3.75% Exit Fee) \| SOFR(Q) \| Floor Rate 1.00% \| Spread 7.25% \| Total Coupon 12.58% \| Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.75%
Investment, Identifier [Axis]: Debt Securities
Schedule of Investments [Line Items]
Percentage of investments in Non-accrual status at fair value	2.50%	2.80%
Percentage of investments in Non-accrual status at cost	11.00%	11.80%
Investment, Identifier [Axis]: Equity Securities
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	1.20%	3.20%
Investment, Identifier [Axis]: Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	189.70%	179.10%
Investment, Identifier [Axis]: Non Controlled Affiliated Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	0.00%	1.10%
Investment, Identifier [Axis]: Preferred Stock
Schedule of Investments [Line Items]
Percentage of investments in Non-accrual status at fair value	2.50%	2.80%
Percentage of investments in Non-accrual status at cost	11.00%	11.80%
Investment, Identifier [Axis]: Restricted Securities
Schedule of Investments [Line Items]
Investment companies owns percentage of net assets	1.20%	2.90%

Investments

6 Months Ended

Jun. 30, 2023

Schedule of Investments [Abstract]

Investments

5. Investments

Purchases of investments, including PIK, for the three and six months ended June 30, 2023 totaled $20,797,118 and $58,411,431, respectively. Purchases of investments, including PIK, for the three and six months ended June 30, 2022 totaled $73,481,309 and $117,494,185, respectively. Proceeds from sales, repayments and other exits of investments for the three and six months ended June 30, 2023 totaled $6,507,960 and $27,226,737, respectively. Proceeds from sales, repayments and other exits of investments for the three and six months ended June 30, 2022 totaled $25,107,943 and $103,762,076, respectively.

At June 30, 2023, investments consisted of the following:


	Cost		Fair Value
Senior secured notes	$	988,074	$	988,000
Unsecured debt		37,183,232		14,999,000
Subordinated debt		5,000,000		4,955,000
Senior secured loans:
First lien		504,569,408		497,077,006
Second/other priority lien		83,669,054		73,886,473
Total senior secured loans		588,238,462		570,963,479
Preferred stock		40,702,606		2,400,116
Common stock		10,611,548		—
Limited partnership/limited liability company interests		7,757,987		49,500
Equity warrants/options		115,348		1,482,316
Total investments	$	690,597,257	$	595,837,411

At December 31, 2022, investments consisted of the following:


	Cost		Fair Value
Senior secured notes	$	1,920,592	$	1,624,823
Unsecured debt		37,686,148		15,228,000
Subordinated debt		5,000,000		4,930,000
Senior secured loans:
First lien		455,458,846		447,490,518
Second/other priority lien		98,468,621		90,992,663
Total senior secured loans		553,927,467		538,483,181
Preferred stock		40,527,223		2,354,224
Common stock		10,611,548		—
Limited partnership/limited liability company interests		8,511,838		5,991,648
Equity warrants/options		115,348		1,877,208
Total investments	$	658,300,164	$	570,489,084

Industry Composition


Industry	June 30, 2023			December 31, 2022
Software		17.2	%		15.2	%
Diversified Financial Services		14.7			14.5
Internet Software & Services		11.6			11.1
Diversified Consumer Services		7.7			8.3
Professional Services		6.9			7.2
Health Care Technology		4.3			4.4
Health Care Providers & Services		3.6			3.7
IT Services		3.4			2.5
Road & Rail		2.5			2.6
Insurance		2.5			2.5
Construction & Engineering		2.4			2.6
Containers & Packaging		2.3			2.5
Paper & Forest Products		2.2			1.7
Consumer Finance		1.9			1.3
Hotels, Restaurants & Leisure		1.9			0.9
Technology Hardware, Storage & Peripherals		1.8			1.8
Specialty Retail		1.8			1.9
Textiles, Apparel & Luxury Goods		1.7			1.7
Commercial Services & Supplies		1.1			1.1
Media		1.1			1.0
Real Estate Management & Development		1.1			1.1
Machinery		1.0			0.9
Internet & Catalog Retail		1.0			1.0
Trading Companies & Distributors		1.0			1.0
Wireless Telecommunication Services		0.8			0.8
Leisure Products		0.4			0.5
Building Products		0.4			0.4
Automobiles		0.4			0.4
Life Sciences Tools & Services		0.4			0.4
Semiconductors & Semiconductor Equipment		0.4			0.4
Distributors		0.4			0.4
Capital Markets		0.1			0.2
Health Care Equipment & Supplies		—			2.5
Household Durables		—			0.8
Metals & Mining		—			0.6
Electrical Equipment		—			0.1
Chemicals		—			—
Oil, Gas & Consumable Fuels		—			—
Totals		100.0	%		100.0	%


Geography	June 30, 2023			December 31, 2022
United States		84.4	%		85.4	%
United Kingdom		7.3			7.2
Germany		3.6			3.7
Canada		1.1			1.1
Switzerland		1.0			1.0
Netherlands		1.0			—
Slovenia		0.9			0.9
Australia		0.7			0.7
Totals		100.0	%		100.0	%

Market and Credit Risk

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Aggregate fair value of warrants and options		0.60%
Percentage of aggregate fair value of warrants and options on net assets	0.50%
Non-expiring capital loss carryforwards		$ 401,155,603
Maximum
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Percentage of aggregate fair value of net assets	5.00%
Percent of positions held	15.00%
Maximum \| Level 3
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Valuation technique relative weight range	100.00%
Minimum \| Level 3
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Valuation technique relative weight range	0.00%
Foreign Currency Forward Contracts
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Forward foreign currency contracts	$ 0	$ 0
BlackRock Capital Investment Corporation
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Ownership percentage by parent	100.00%

Management Fees, Incentive Fees and Other Expenses

6 Months Ended

Jun. 30, 2023

Management Fees Incentive Fees And Other Expense [Abstract]

Management Fees, Incentive Fees and Other Expenses

3. Management Fees, Incentive Fees and Other Expenses

Investment Management Agreement

On May 2, 2020, the Company and the Advisor amended and restated the previous investment management agreement (the “Current Management Agreement”), which reduced the Company’s base management fee (“Management Fee”) and incentive management fee (“Incentive Fee”) rates, which are further described below. For terms prior to the Current Management Agreement, refer to the Company’s Form 10-K as filed with the SEC on March 1, 2023.

The Current Management Agreement will be in effect from year-to-year if approved annually by the Board or by the affirmative vote of the holders of a majority of outstanding voting securities, including, in either case, approval by a majority of the directors who are not interested persons. The Company’s Board approved the continuation of the Current Management Agreement on October 28, 2022.

Management Fee

Under the Current Management Agreement, the Advisor, subject to the overall supervision of the Board, manages the day-to-day operations and provides the Company with investment advisory services. For providing these services, effective May 2, 2020, the Advisor receives a Management Fee at an annual rate of 1.50% of total assets up to 200% of net asset value (excluding cash and cash equivalents), including any assets acquired with the proceeds of leverage, payable quarterly in arrears based on the asset valuation as of the end of the prior

quarter. Additionally, the Management Fee is calculated at 1.00% on assets that exceed 200% of net asset value of the Company. The Management Fee for any partial quarter is prorated.

For the three and six months ended June 30, 2023, the Company incurred $2,221,908 and $4,352,380, respectively, in Management Fees under the Current Management Agreement. For the three and six months ended June 30, 2022, the Company incurred $1,947,167 and $4,007,031, respectively, in Management Fees under the Current Management Agreement.

Incentive Fees

(i)

Quarterly Incentive Fee Based on Income

The Current Management Agreement provides that the Advisor or its affiliates may be entitled to an Incentive Fee under certain circumstances. The Incentive Fee has two parts. The first portion is based on income other than capital gains and is calculated separately for each calendar quarter and will be paid on a quarterly basis if certain circumstances are met. Effective May 2, 2020, the Incentive Fee based on income is calculated as follows:

•

No Incentive Fee based on income other than capital gains for any calendar quarter in which the Pre-Incentive Fee Net Investment Income does not exceed 1.75% (7.00% annualized) of net assets attributable to common stock at the beginning of such quarter.

•

100% of the Pre-Incentive Fee Net Investment Income in any calendar quarter with respect to that portion of such Pre-Incentive Fee Net Investment Income, if any, for such calendar quarter, that exceeds 1.75% (7.00% annualized) of net assets attributable to common stock at the beginning of such quarter but is less than approximately 2.12% (8.48% annualized).

•

17.5% of the Pre-Incentive Fee Net Investment Income, if any, for any calendar quarter that exceeds approximately 2.12% (8.48% annualized) of net assets attributable to common stock at the beginning of such quarter.

The calculations described above will be appropriately prorated for any period of less than a quarter and adjusted for the net proceeds from any common stock issuances and the cost of any common stock repurchases during such quarter.

The payment of any such Incentive Fee based on income otherwise earned by our Advisor will be deferred if, for the most recent four full calendar quarter period ending on or prior to the date such payment is to be made, the Annualized Rate of Return is less than 7.0% of net assets attributable to common stock at the beginning of such four quarter period as adjusted for the net proceeds from any common stock issuances and the cost of any common stock repurchases during such four full calendar quarter period, with any deferred Incentive Fees to be carried over for payment in subsequent quarterly calculation periods to the extent such payment can then be made in accordance with the investment management agreement.

For purposes of calculating the Incentive Fee, (i) “Annualized Rate of Return” is computed by reference to the sum of (x) the aggregate dividends to common stockholders for the period in question and (y) the change in net assets attributable to common stock (before taking into account any Incentive Fees otherwise payable during such period); (ii) “net assets attributable to common stock” means total assets less indebtedness and preferred stock; and (iii) “Pre-Incentive Fee Net Investment Income” means net investment income (as determined in accordance with U.S. GAAP) accrued by the Company during the calendar quarter excluding any accruals for or payments in respect of the Incentive Fee.

For the three and six months ended June 30, 2023, the Company incurred $1,886,182 and $3,762,085, respectively, in Incentive Fees on income. For the three and six months ended June 30, 2022, the Company incurred $69,343 and $88,356, respectively, in Incentive Fees on income. As of June 30, 2023 and December 31, 2022, there was $7,165,434 and $3,403,349, respectively, of Incentive Fees payable based on income. The payment of Incentive Fee based on income of $7,165,434 at June 30, 2023 was deferred pursuant to the Incentive Fee deferral provision discussed above.

(ii)

Annual Incentive Fee Based on Capital Gains

The second portion of the Incentive Fee is based on capital gains and is calculated separately for each Annual Period. Effective May 2, 2020, our Advisor is entitled to receive an Incentive Fee based on capital gains for each Annual Period in an amount equal to 17.5% of the amount by which (1) net realized capital gains during the period, if any, exceeds (2) gross unrealized capital depreciation, if any, during the period. In calculating the portion of the Incentive Fee based on capital gains payable for any period, investments are accounted for on a security-by-security basis. In addition, the portion of the Incentive Fee based on capital gains is determined using the “period-to-period” method pursuant to which the portion of the Incentive Fee based on capital gains for any period will be based on realized capital gains for the period reduced by realized capital losses for the period and unrealized capital depreciation for the period.

The Company is required under GAAP to accrue an Incentive Fee on capital gains on a hypothetical liquidation basis, based upon net realized capital gains and unrealized capital appreciation and depreciation on investments held at the end of each period. The accrued Incentive Fee on capital gains assumes all unrealized capital appreciation and depreciation is realized in order to reflect an Incentive Fee on capital gains (if any) that would be payable at each measurement date, even though unrealized capital appreciation is not permitted to be considered in determining the Incentive Fee on capital gains actually payable for each Annual Period under the Current Management Agreement. If such amount is positive at the end of the period, an Incentive Fee on capital gains is accrued equal to 17.5% of such amount, for periods ended after May 2, 2020, less the amount of any Incentive Fees on capital gains already accrued during the Annual Period. If the resulting calculation

amount is negative, the accrual for GAAP in a given period may result in the reduction or reversal of Incentive Fee expense on capital gains previously accrued during the Annual Period.

In accordance with GAAP, the hypothetical liquidation for the three and six months ended June 30, 2023 resulted in no capital gains Incentive Fees. Incentive Fees on capital gains accrued (reversed) on a liquidation basis under GAAP for the three and six months ended June 30, 2022 were $(1,073,068) and $(1,544,569), respectively. The Company did not have an accrued balance at June 30, 2023 and December 31, 2022.

For purposes of calculating the Incentive Fee based on capital gains, “Annual Period” means the period beginning on July 1 of each calendar year, including the calendar year prior to the year in which the investment management agreement became effective, and ending on June 30 of the next calendar year. Capital gains and losses are calculated using the difference between the proceeds received and either (i) fair market value at the beginning of the Annual Period or (ii) cost for investments acquired during the Annual Period. In calculating whether the portion of the Incentive Fee based on capital gains is payable with respect to any period, the Company accounts for assets on a security-by-security basis. In addition, the Company uses the “period-to-period” method pursuant to which the portion of the Incentive Fee based on capital gains for any period is based on realized capital gains for the period reduced by realized capital losses and gross unrealized capital depreciation for the period. Based on current interpretations of Section 205(b)(3) of the Advisers Act by the SEC and its staff, the calculation of unrealized depreciation for each portfolio security over a period is based on the fair value of the security at the end of the period compared to the fair value at the beginning of the period. Incentive Fees earned in any of the periods described above are not subject to modification or repayment based upon performance in a subsequent period.

Other Expenses

The Company bears all expenses incurred in connection with its business, such as custodian, administrative, director fees and expenses, due diligence costs, registration and listing fees, legal, audit and tax preparation fees, costs of valuing investments, insurance costs, brokers’ and finders’ fees relating to investments, and any other transaction costs associated with the purchase and sale of investments.

Financial Highlights

6 Months Ended

Jun. 30, 2023

Investment Company [Abstract]

Financial Highlights

10. Financial highlights


	Six Months Ended
	June 30, 2023			June 30, 2022
Per Share Data:
Net asset value, beginning of period	$	4.39		$	4.73

Investment Operations:
Net investment income, before incentive fees		0.30			0.16
Incentive fees(1)		(0.05	)		0.02
Net investment income(1)		0.25			0.18
Net realized and unrealized gain (loss)		(0.11	)		(0.14	)
Total from investment operations		0.14			0.04

Cumulative effect of adjustment for the adoption of ASU 2020-06(2)		—			(0.01	)

Repurchase of common stock		—			0.01

Dividends to stockholders(3)		(0.20	)		(0.20	)

Net asset value, end of period	$	4.33		$	4.57

Market price at end of period	$	3.28		$	3.67
Total return based on market price(4)		(4.14	)%		(3.67	)%
Total return based on net asset value(5)		4.35	%		1.44	%
Shares outstanding at end of period		72,571,907			73,354,142

Ratios to average net assets(6):
Operating expenses, before incentive fees		4.40	%		3.92	%
Interest and other debt related expenses		6.44	%		3.26	%
Total expenses, before incentive fees		10.84	%		7.18	%
Incentive fees(1)		1.18	%		(0.42	)%
Total expenses, after incentive fees		12.02	%		6.76	%
Net investment income		12.42	%		7.53	%

Net assets at end of period	$	314,029,059		$	335,444,647
Portfolio turnover rate		5	%		19	%
Weighted average interest rate on debt(7)		7.45	%		4.94	%
Weighted average debt outstanding	$	270,570,675		$	210,643,606
Weighted average shares outstanding		72,571,907			73,744,580
Weighted average debt per share(8)	$	3.73		$	2.86

(1)

(2)

The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 (see Note 4).

(3)

(4)

(5)

(6)

Annualized, except for incentive fees.

(7)

Weighted average interest rate on debt includes contractual interest and amortization of debt issuance costs (see Note 4).

(8)

Weighted average debt per share is calculated as weighted average debt outstanding divided by the weighted average shares outstanding during the applicable period.

Consolidated Statements of Changes in Net Assets - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2023

Mar. 31, 2023

Jun. 30, 2022

Mar. 31, 2022

Jun. 30, 2023

Jun. 30, 2022

Beginning balance

$ 319,782,559

$ 318,522,353

$ 346,904,442

$ 349,651,973

$ 318,522,353

$ 349,651,973

Repurchase of common stock, value

(1,586,451)

(440,237)

Issuance of common stock from the conversion of the 2022 Convertible Notes

30,000

Net investment income

8,910,220

^[1]

8,861,492

7,120,216

^[1]

6,495,095

17,771,712

^[1]

13,615,311

^[1]

Net realized and unrealized gain (loss)

(7,406,529)

(344,095)

(9,660,376)

(972,721)

(7,750,624)

(10,633,097)

Dividends to common stockholders

(7,257,191)

^[2]

(7,363,184)

^[2]

(7,380,270)

^[2]

(14,514,382)

(14,743,454)

Ending balance

314,029,059

319,782,559

335,444,647

346,904,442

$ 314,029,059

335,444,647

Cumulative Effect of Adjustment

Beginning balance

^[3]

(449,398)

$ (449,398)

Accounting Standards Update [Extensible Enumeration]

ASU 2020-06

Common Stock

Beginning balance

$ 84,482

$ 84,478

$ 84,482

$ 84,478

Beginning balance, Shares

72,571,907

73,770,679

73,876,987

72,571,907

73,876,987

Repurchase of common stock, value

$ 0

Repurchase of common stock, Shares

(420,083)

(106,308)

Issuance of common stock from the conversion of the 2022 Convertible Notes

$ 4

Issuance of common stock from the conversion of the 2022 Convertible Notes, Shares

3,546

Net investment income

$ 0

Net realized and unrealized gain (loss)

Dividends to common stockholders

^[2]

Ending balance

$ 84,482

$ 84,478

$ 84,482

Ending balance, Shares

72,571,907

73,354,142

73,770,679

72,571,907

73,354,142

Common Stock | Cumulative Effect of Adjustment

Beginning balance

^[3]

$ 0

Accounting Standards Update [Extensible Enumeration]

ASU 2020-06

Paid in Capital in Excess of Par

Beginning balance

$ 850,199,351

$ 848,022,547

$ 852,360,178

$ 850,199,351

852,360,178

Repurchase of common stock, value

Issuance of common stock from the conversion of the 2022 Convertible Notes

29,996

Net investment income

Net realized and unrealized gain (loss)

Dividends to common stockholders

^[2]

Ending balance

850,199,351

848,052,543

848,022,547

850,199,351

848,052,543

Paid in Capital in Excess of Par | Cumulative Effect of Adjustment

Beginning balance

^[3]

$ (4,337,631)

(4,337,631)

Accounting Standards Update [Extensible Enumeration]

ASU 2020-06

Distributable Earnings (Loss)

Beginning balance

(457,127,572)

(458,387,778)

(432,272,960)

$ (434,303,297)

(458,387,778)

(434,303,297)

Repurchase of common stock, value

Issuance of common stock from the conversion of the 2022 Convertible Notes

Net investment income

8,910,220

8,861,492

7,120,216

6,495,095

Net realized and unrealized gain (loss)

(7,406,529)

(344,095)

(9,660,376)

(972,721)

Dividends to common stockholders

(7,257,191)

^[2]

(7,363,184)

^[2]

(7,380,270)

^[2]

Ending balance

(462,881,072)

(457,127,572)

(442,176,304)

(432,272,960)

(462,881,072)

(442,176,304)

Distributable Earnings (Loss) | Cumulative Effect of Adjustment

Beginning balance

^[3]

$ 3,888,233

3,888,233

Accounting Standards Update [Extensible Enumeration]

ASU 2020-06

Treasury Stock

Beginning balance

(73,373,702)

(68,929,623)

$ (68,489,386)

(73,373,702)

(68,489,386)

Repurchase of common stock, value

1,586,451

440,237

Issuance of common stock from the conversion of the 2022 Convertible Notes

Net investment income

Net realized and unrealized gain (loss)

Dividends to common stockholders

^[2]

Ending balance

$ (73,373,702)

$ (70,516,074)

(68,929,623)

$ (73,373,702)

(70,516,074)

Treasury Stock | Cumulative Effect of Adjustment

Beginning balance

^[3]

$ 0

Accounting Standards Update [Extensible Enumeration]

ASU 2020-06

[1]	Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).
[2]	Sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2). For both the three month periods ended June 30, 2023 and March 31, 2023, it is estimated that there was no return of capital based on book income.
[3]	See Note 4 for further information related to the adoption of ASU 2020-06.

Commitment and Contingencies

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

9. Commitments and contingencies

In the normal course of business, the Company may enter into guarantees on behalf of portfolio companies. Under these arrangements, the Company would be required to make payments to third parties if the portfolio companies were to default on their related payment obligations. There were no such guarantees outstanding at June 30, 2023 and December 31, 2022. In addition, from time to time, the Company may provide for a commitment to a portfolio company for investment in an existing or new security. At June 30, 2023 and December 31, 2022, the Company had unfunded commitments of $47.2 million across 49 portfolio companies and $72.1 million across 51 portfolio companies, respectively. The aggregate fair value of unfunded commitments at June 30, 2023 and December 31, 2022 was $46.6 million and $70.0 million, respectively. We maintain sufficient cash on hand and available borrowings to fund such unfunded commitments should the need arise.

In the normal course of business, the Company enters into contractual agreements that provide general indemnifications against losses, costs, claims and liabilities arising from the performance of individual obligations under such agreements. The Company’s individual maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Company that have not yet occurred. However, based on management’s experience, the Company expects the risk of loss to be remote.

From time to time, the Company and the Advisor may be a party to certain legal proceedings incidental to the normal course of its business, including the enforcement of its rights under contracts with our portfolio companies. Further, third parties may try to seek to impose liability on the Company in connection with the activities of its portfolio companies. While the Company cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on its consolidated financial statements.

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2023	Aug. 01, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	BKCC
Security Exchange Name	NASDAQ
Entity Registrant Name	BLACKROCK CAPITAL INVESTMENT CORPORATION
Entity Central Index Key	0001326003
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		72,571,907
Entity Emerging Growth Company	false
Entity File Number	814-00712
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2725151
Entity Address, Address Line One	50 Hudson Yards
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	810-5800

Statements of Assets and Liabilities (Parenthetical) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Cost	$ 690,597,257	$ 658,300,164
Deferred issuance costs, debt	$ 828,843	$ 996,839
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	84,481,797	84,481,797
Common stock, shares outstanding	72,571,907	72,571,907
Treasury Stock, Common, Shares	11,909,890	11,909,890
Non-Controlled, Non-Affiliated Investments
Cost	$ 605,038,194	$ 569,528,145
Non-Controlled, Affiliated Investments
Cost	1,139,598	3,849,638
Controlled Investments
Cost	$ 84,419,465	$ 84,922,381

Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation Basic and Diluted Net Increase (Decrease) in Net Assets from Operations Per Share


	Three Months Ended					Six Months Ended
	June 30, 2023		June 30, 2022			June 30, 2023		June 30, 2022
Net increase (decrease) in net assets resulting from operations	$	1,503,691	$	(2,540,160	)	$	10,021,088	$	2,982,214
Weighted average shares outstanding – basic(1)		72,571,907		73,667,822			72,571,907		73,744,580
Earnings (loss) per share – basic and diluted	$	0.02	$	(0.03	)	$	0.14	$	0.04

(1)

No adjustments for interest or incremental shares on the 2022 Convertible Notes were included for the three and six months ended June 30, 2022 because the effect would be antidilutive.

Investments - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Schedule of Investments [Abstract]
Purchases of investments, including PIK	$ 20,797,118	$ 73,481,309	$ 58,411,431	$ 117,494,185
Proceeds from sales, repayments and other exits of investments	$ 6,507,960	$ 25,107,943	$ 27,226,737	$ 103,762,076

Stockholders' Equity and Dividends - Schedule of Declared Dividends to Common Stockholders (Details) - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2023

Mar. 31, 2023

Jun. 30, 2022

Mar. 31, 2022

Jun. 30, 2023

Jun. 30, 2022

Class Of Stock [Line Items]

Amount Per Share

$ 0.2

Total Amount

$ 7,257,191

^[1]

$ 7,363,184

^[1]

$ 7,380,270

^[1]

$ 14,514,382

$ 14,743,454

Reinvested dividends paid during quarter

$ 1,506,467

$ 1,443,101

March 1, 2022

Class Of Stock [Line Items]

Mar. 01, 2022

Mar. 17, 2022

Apr. 07, 2022

Regular

$ 0.1

$ 7,380,270

Reinvested dividends paid during quarter

$ 698,261

April 27, 2022

Class Of Stock [Line Items]

Apr. 27, 2022

Jun. 16, 2022

Jul. 07, 2022

Regular

$ 0.1

$ 7,363,184

Reinvested dividends paid during quarter

$ 744,840

February 28, 2023

Class Of Stock [Line Items]

Feb. 28, 2023

Mar. 16, 2023

Apr. 06, 2023

Regular

$ 0.1

$ 7,257,191

Reinvested dividends paid during quarter

$ 768,930

April 26, 2023

Class Of Stock [Line Items]

Apr. 26, 2023

Jun. 15, 2023

Jul. 06, 2023

Regular

$ 0.1

$ 7,257,191

Reinvested dividends paid during quarter

$ 737,537

[1]

Organization

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization

1. Organization

BlackRock Capital Investment Corporation (together with its subsidiaries, the “Company”) was organized as a Delaware corporation on April 13, 2005 and was initially funded on July 25, 2005. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). In addition, for tax purposes the Company has qualified and has elected to be treated as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986 (the “Code”).

The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. We invest primarily in middle-market companies in the form of senior debt securities and loans, and our investment portfolio may include junior secured and unsecured debt securities and loans, each of which may include an equity component.