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Financial Highlights (Tables)
6 Months Ended
Jun. 30, 2024
Investment Company, Financial Highlights [Abstract]  
Summary Of Financial Highlights

The following per share data and ratios have been derived from information provided in the consolidated financial statements. The following are the financial highlights for one share of common stock outstanding during the six months ended June 30, 2024 and 2023.

 

 

Six Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2024

 

 

June 30, 2023

 

Per Share Data (8)

 

 

 

 

 

 

Net asset value, beginning of period

 

$

17.04

 

 

$

16.48

 

 

 

 

 

 

 

 

Net investment income (1)

 

 

1.18

 

 

 

1.11

 

Net realized and unrealized gains
 (losses)
(1)

 

 

(0.14

)

 

 

0.17

 

Total from operations

 

 

1.04

 

 

 

1.28

 

Issuance of common stock, net of offering costs (2)

 

 

0.17

 

 

 

0.02

 

Dividends declared from net investment income (2)

 

 

(1.06

)

 

 

(1.05

)

Total increase/(decrease) in net assets

 

 

0.15

 

 

 

0.25

 

Net Asset Value, End of Period

 

$

17.19

 

 

$

16.74

 

Per share market value at end of period

 

$

21.35

 

 

$

18.69

 

Total return based on market value with reinvestment of dividends (3)

 

 

4.10

%

 

 

11.43

%

Total return based on market value (4)

 

 

3.75

%

 

 

10.90

%

Total return based on net asset value (5)

 

 

7.12

%

 

 

7.95

%

Shares Outstanding, End of Period

 

 

93,017,205

 

 

 

87,241,231

 

Ratios / Supplemental Data (6)(7)

 

 

 

 

 

 

Ratio of net expenses to average net assets

 

 

16.94

%

 

 

16.22

%

Ratio of net investment income to average net assets

 

 

13.79

%

 

 

13.24

%

Portfolio turnover

 

 

23.94

%

 

 

12.65

%

Net assets, end of period

 

$

1,599,035

 

 

$

1,460,529

 

 

(1)
The per share data was derived by using the weighted average shares outstanding during the period.
(2)
The per share data was derived by using the actual shares outstanding at the date of the relevant transactions.
(3)
Total return based on market value with dividends reinvested is calculated as the change in market value per share during the period plus declared dividends per share, assuming reinvestment of dividends, divided by the beginning market value per share.
(4)
Total return based on market value is calculated as the change in market value per share during the period plus declared dividends per share, divided by the beginning market value per share.
(5)
Total return based on net asset value is calculated as the change in net asset value per share during the period plus declared dividends per share, divided by the beginning net asset value per share.
(6)
The ratios reflect an annualized amount.
(7)
The ratio of net expenses to average net assets in the table above reflects the Adviser’s waivers of its right to receive a portion of the Management Fee pursuant to the Leverage Waiver for the six months ended June 30, 2024 and 2023. Excluding the effects of the waivers, the ratio of net expenses to average net assets would have been 17.03% and 16.30%, respectively, for the six months ended June 30, 2024 and 2023.
(8)
Table may not sum due to rounding.