Schedule of Management Fees and Incentive Fees |
The following table summarizes the management fees and incentive fees incurred by the Company for the three and nine months ended September 30, 2024 and September 30, 2023: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, 2024 | | September 30, 2023 | | September 30, 2024 | | September 30, 2023 | Management fee | $ | 11,700 | | | $ | 11,334 | | | $ | 34,048 | | | $ | 34,549 | | Less: management fee waiver | (970) | | | (1,013) | | | (2,732) | | | (3,172) | | Total management fee | 10,730 | | | 10,321 | | | 31,316 | | | 31,377 | | Incentive fee, excluding accrued capital gains incentive fees | $ | 8,821 | | | $ | 10,169 | | | $ | 27,760 | | | $ | 29,748 | | | | | | | | | | | | | | | | | | Accrued capital gains incentive fees(1) | $ | — | | | $ | — | | | $ | — | | | $ | — | |
(1)As of September 30, 2024 and September 30, 2023, no actual capital gains incentive fee was owed under the Investment Management Agreement by the Company, as cumulative net realized capital gains did not exceed cumulative unrealized capital depreciation.
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