RELATED PARTY ARRANGEMENTS (Tables)

3 Months Ended

Mar. 31, 2026

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the three months ended
	March 31, 2026		March 31, 2025
Investment income incentive fees incurred	$	106,709	$	2,136,491
Income incentive fees waived		(11,061)		(1,242,843)
Incentive fees expense	$	95,648	$	893,648

	March 31, 2026		December 31, 2025
Investment income incentive fee currently payable	$	1,628,496	$	1,539,724
Investment income incentive fee deferred		784,581		777,705
Incentive fee payable	$	2,413,077	$	2,317,429