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CONSOLIDATED SCHEDULE OF INVESTMENTS (Parenthetical Footnotes) - USD ($)
$ in Millions
Dec. 31, 2023
Mar. 31, 2023
Schedule of Investments [Line Items]    
Percentage of Net Assets at Fair Value 189.33% [1],[2],[3],[4],[5],[6] 204.30%
Contribution percentage in non-qualified assets 14.50% 13.90%
Gross unrealized appreciation $ 86.8 $ 72.3
Gross unrealized depreciation 72.0 76.8
Net unrealized appreciation (depreciation) 14.8 (4.5)
Cost of investments $ 1,350.2 $ 1,210.8
Percent of total assets 95.50% 95.90%
Non-control/Non-affiliate investments    
Schedule of Investments [Line Items]    
Percent of investment assets 82.40% 80.10%
Percentage of Net Assets at Fair Value 156.00% 163.70%
Affiliate investments    
Schedule of Investments [Line Items]    
Percent of investment assets 13.60% 15.60%
Percentage of Net Assets at Fair Value 25.80% 31.90%
Control investments    
Schedule of Investments [Line Items]    
Percent of investment assets 4.00% 4.20%
Percentage of Net Assets at Fair Value 7.50% 8.70%
SOFR | Minimum    
Schedule of Investments [Line Items]    
Variable rate adjustment 0.00% 0.10%
SOFR | Maximum    
Schedule of Investments [Line Items]    
Variable rate adjustment 0.26161% 0.26161%
[1] All portfolio company headquarters are based in the United States, unless otherwise noted.
[2] Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3] Non-Control/Non-Affiliate investments are generally defined by the 1940 Act, as investments that are neither control investments nor affiliate investments. At December 31, 2023, the Company held $1,124.9 million of non-control/non-affiliate investments, which represented approximately 82.4% of the Company’s investment assets. The fair value of these investments as a percent of net assets is 156.0%.
[4] Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At December 31, 2023, the Company held $186.0 million of affiliate investments, which represented approximately 13.6% of the Company’s investment assets. The fair value of these investments as a percent of net assets is 25.8%.
[5] All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[6] Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At December 31, 2023, the Company held $54.2 million of control investments, which represented approximately 4.0% of the Company’s investment assets were . The fair value of these investments as a percent of net assets is 7.5%.