RELATED PARTY ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2026

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the three months ended				For the six months ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Investment income incentive fees incurred	$	150,863	$	2,158,075	$	257,572	$	4,294,566
Income incentive fees waived		(38,583)		(928,926)		(49,644)		(2,171,769)
Incentive fees expense	$	112,280	$	1,229,149	$	207,928	$	2,122,797

	June 30, 2026		December 31, 2025
Investment income incentive fee currently payable	$	135,530	$	1,539,724
Investment income incentive fee deferred		754,456		777,705
Incentive fee payable	$	889,986	$	2,317,429