Financial Highlights (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Financial Highlights for a Common Share Outstanding

The table below presents the financial highlights for a common share outstanding for the following periods:


	For the Nine Months Ended September 30,
($ in thousands, except share and per share amounts)	2023			2022
Per share data:
Net asset value, beginning of period	$	14.99		$	15.08
Net investment income(1)	1.42			1.00
Net realized and unrealized gain (loss)	0.13			(0.30)
Total from operations	1.55			0.70
Repurchase of common shares(2)	0.02			—
Distributions declared from earnings(2)	(1.16)			(0.93)
Total increase (decrease) in net assets	0.41			(0.23)
Net asset value, end of period	$	15.40		$	14.85
Shares outstanding, end of period	389,732,868			393,823,013
Per share market value at end of period	$	13.85		$	10.37
Total Return, based on market value(3)	30.7		%	(21.1)		%
Total Return, based on net asset value(4)	11.9		%	5.2		%
Ratios / Supplemental Data(5)
Ratio of total expenses to average net assets(6)	13.8		%	10.4		%
Ratio of net investment income to average net assets(6)	12.4		%	9.0		%
Net assets, end of period	$	6,000,009		$	5,847,788
Weighted-average shares outstanding	390,223,606			394,103,935


Portfolio turnover rate	5.1		%	10.1		%

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(1)The per share data was derived using the weighted average shares outstanding during the period.

(2)The per share data was derived using actual shares outstanding at the date of the relevant transaction.

(3)Total return based on market value is calculated as the change in market value per share during the respective periods, taking into account dividends and distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan.

(4)Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (assuming dividends and distributions, if any, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV per share.

(5)Does not include expenses of investment companies in which the Company invests.

(6)The ratios reflect annualized amounts, except in the case of non-recurring expenses (e.g. initial organization expenses).