Note 11. Financial Highlights
The following per share of
common stock data has been derived from information provided in the unaudited financial statements. The following is a schedule of financial
highlights for the six months ended June 30, 2024 and June 30, 2023:
| |
For the Six Months | |
| |
Ended
June 30, | |
| |
2024 | | |
2023 | |
Per Common Share Operating Performance | |
| | |
| |
Net Asset Value, Beginning of Period | |
$ | 17.04 | | |
$ | 14.96 | |
| |
| | | |
| | |
Results of Operations: | |
| | | |
| | |
Net Investment Income(1) | |
| 1.00 | | |
| 1.11 | |
Net Realized and Unrealized Gain (Loss) on Investments(4) | |
| (0.23 | ) | |
| 1.00 | |
Net Increase (Decrease) in Net Assets Resulting from Operations | |
| 0.77 | | |
| 2.11 | |
| |
| | | |
| | |
Distributions to Common Stockholders | |
| | | |
| | |
Distributions from Net Investment Income | |
| (0.96 | ) | |
| (0.52 | ) |
Net Decrease in Net Assets Resulting from Distributions | |
| (0.96 | ) | |
| (0.52 | ) |
Net Asset Value, End of Period | |
$ | 16.85 | | |
$ | 16.55 | |
| |
| | | |
| | |
Shares Outstanding, End of Period | |
| 32,567,405 | | |
| 25,772,963 | |
| |
| | | |
| | |
Ratio/Supplemental Data | |
| | | |
| | |
Net assets, end of period | |
$ | 548,790,231 | | |
$ | 426,528,796 | |
Weighted-average shares outstanding | |
| 32,081,916 | | |
| 25,025,158 | |
Total Return(3) | |
| 4.73 | % | |
| 14.11 | % |
Portfolio turnover | |
| 17 | % | |
| 11 | % |
Ratio of operating expenses to average net assets without waiver(2) | |
| 14.28 | % | |
| 13.30 | % |
Ratio of operating expenses to average net assets with waiver(2) | |
| 14.26 | % | |
| 13.05 | % |
Ratio of net investment income (loss) to average net assets without waiver(2) | |
| 11.64 | % | |
| 13.79 | % |
Ratio of net investment income (loss) to average net assets with waiver(2) | |
| 11.66 | % | |
| 14.04 | % |
(1) | The per common share data was derived by using weighted average shares outstanding. | | | (2) | The ratios reflect an annualized amount. | | | (3) | Total return is calculated as the change in net asset
value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share.
Total return is not annualized. Assumes reinvestment of distributions. | | | (4) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gains and losses in the Consolidated Statements of Operations due to share transactions during the period. |
|