XML 33 R22.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Financial Highlights
6 Months Ended
Jun. 30, 2024
Financial Highlights [Abstract]  
Financial Highlights

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.