Investment Portfolio (Tables)

6 Months Ended

Jun. 30, 2024

Investment Company [Abstract]

Schedule of Investments

The following table summarizes the composition of the Company’s investment portfolio at cost and fair value as of June 30, 2024 and December 31, 2023:

	June 30, 2024
	(Unaudited)						December 31, 2023
	Amortized Cost(1)		Fair Value		Percentage of Portfolio		Amortized Cost(1)		Fair Value		Percentage of Portfolio
Senior Secured Loans—First Lien	$	8,494	$	8,181	58.1	%	$	8,890	$	8,529	58.2	%
Senior Secured Loans—Second Lien	909		925		6.6	%	1,158		1,090		7.5	%
Other Senior Secured Debt	129		121		0.9	%	106		99		0.7	%
Subordinated Debt	349		360		2.5	%	308		323		2.2	%
Asset Based Finance	2,108		2,025		14.4	%	2,237		2,077		14.2	%
Credit Opportunities Partners JV, LLC	1,572		1,388		9.8	%	1,572		1,397		9.5	%
Equity/Other	1,159		1,087		7.7	%	1,149		1,134		7.7	%
Total	$	14,720	$	14,087	100.0	%	$	15,420	$	14,649	100.0	%

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(1)Amortized cost represents the original cost adjusted for the amortization of premiums and/or accretion of discounts, as applicable, on investments.

The table below describes investments by industry classification and enumerates the percentage, by fair value, of the total portfolio assets in such industries as of June 30, 2024 and December 31, 2023:

	June 30, 2024
	(Unaudited)				December 31, 2023
Industry Classification(1)	Fair Value		Percentage  of Portfolio		Fair Value		Percentage  of Portfolio
Automobiles & Components	$	4	0.0	%	$	4	0.0	%
Banks	6		0.0	%	8		0.1	%
Capital Goods	1,960		13.9	%	1,970		13.5	%
Commercial & Professional Services	1,790		12.7	%	1,826		12.5	%
Consumer Discretionary Distribution & Retail	181		1.3	%	259		1.8	%
Consumer Durables & Apparel	195		1.4	%	185		1.3	%
Consumer Services	300		2.1	%	240		1.6	%
Consumer Staples Distribution & Retail	103		0.7	%	105		0.7	%
Credit Opportunities Partners JV, LLC	1,388		9.9	%	1,397		9.5	%
Energy	104		0.7	%	162		1.1	%
Equity Real Estate Investment Trusts (REITs)	296		2.1	%	293		2.0	%
Financial Services	919		6.5	%	986		6.7	%
Food, Beverage & Tobacco	129		0.9	%	181		1.2	%
Health Care Equipment & Services	1,682		12.0	%	1,709		11.7	%
Household & Personal Products	151		1.1	%	166		1.1	%
Insurance	837		6.0	%	839		5.7	%
Materials	319		2.3	%	228		1.6	%
Media & Entertainment	765		5.4	%	717		4.9	%
Pharmaceuticals, Biotechnology & Life Sciences	327		2.3	%	286		2.0	%
Real Estate Management & Development	45		0.3	%	79		0.5	%
Software & Services	2,232		15.9	%	2,472		16.9	%
Technology Hardware & Equipment	2		0.0	%	4		0.0	%
Telecommunication Services	64		0.5	%	79		0.5	%
Transportation	288		2.0	%	454		3.1	%
Total	$	14,087	100.0	%	$	14,649	100.0	%

Schedule of Nonconsolidated Subsidiary Portfolio

Below is selected balance sheet information for COPJV as of June 30, 2024 and December 31, 2023:

	As of
	June 30, 2024 (Unaudited)		December 31, 2023
Selected Balance Sheet Information
Total investments, at fair value	$	3,124.1	$	3,470.8
Cash and other assets	412.6		272.2
Total assets	3,536.7		3,743.0
Debt	1,629.4		1,840.1
Other liabilities	321.0		306.5
Total liabilities	1,950.4		2,146.6
Member's equity	$	1,586.3	$	1,596.4

Below is selected statement of operations information for COPJV for the three and six months ended June 30, 2024 and 2023:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Selected Statement of Operations Information
Total investment income	$	90.2	$	97.4	$	180.8	$	190.5
Expenses
Interest expense	29.9		31.8		62.3		61.2
Custodian and accounting fees	0.4		0.4		0.8		0.8
Administrative services	2.3		2.4		4.7		4.8
Professional services	0.2		0.1		0.3		0.2
Other	0.4		0.4		0.6		0.6
Total expenses	33.2		35.1		68.7		67.6
Net investment income	57.0		62.3		112.1		122.9
Net realized and unrealized gain (loss)	(0.6)		(17.3)		(3.2)		(51.1)
Net increase in net assets resulting from operations	$	56.4	$	45.0	$	108.9	$	71.8