Financial Highlights (Tables)

3 Months Ended

Mar. 31, 2025

Investment Company, Financial Highlights [Abstract]

Schedule of Financial Highlights and Supplemental Ratios

The following are financial highlights for the three months ended March 31, 2025 and 2024:

	March 31, 2025			March 31, 2024
Per share data:
Net asset value at beginning of period	$	10.37		$	10.24
Net investment income (1)	0.25			0.29
Net gain (loss) (1)	(0.03)			0.08
Net increase (decrease) in net assets resulting from operations (1)	0.22			0.37
Stockholder distributions declared (2)	(0.27)			(0.27)
Other (3)	0.01			—
Net asset value at end of period	$	10.33		$	10.34
Total return based on average net asset value (4)	2.21		%	3.64		%
Ratio/Supplemental data:
Net assets at end of period	$	2,442,671		$	1,576,430
Shares outstanding at end of period	236,563,264			152,507,156
Portfolio turnover (5)	4.96		%	3.38		%
Ratio of total investment income to average net assets (6)	20.49		%	23.46		%
Ratio of expenses to average net assets (6)	10.53		%	11.17		%
Ratio of net investment income to average net assets (6)	9.96		%	12.29		%

_________________________________________

(1)The per share data was derived by using the weighted average shares outstanding during the periods presented.

(2)The per share data for distributions reflects the actual amount of distributions declared during the period. Management monitors available taxable earnings, including net investment income and realized capital gains, to determine if a tax return of capital may occur for the year. To the extent the Company’s taxable earnings fall below the total amount of the Company’s distributions for that fiscal year, a portion of those distributions may be deemed a tax return of capital to the Company’s stockholders. The tax character of distributions will be determined at the end of the fiscal year. However, if the character of such distributions were determined as of March 31, 2025 and 2024, none of the distributions would have been characterized as a tax return of capital to the Company’s stockholders; this tax return of capital may differ from the return of capital calculated with reference to net investment income for financial reporting purposes.

(3)Includes the impact of different share amounts used in calculating per share data as a result of calculating certain per share data based on weighted average shares outstanding during the period and certain per share data based on shares outstanding as of a period end or transaction date.

(4)Total return is calculated as the change in NAV per share during the period, divided by the beginning NAV per share and assumes reinvestment of dividends at prices obtained by the Company's dividend reinvestment plan during the period. Return calculation is not annualized.

(5)Ratio is not annualized.

(6)Ratios are annualized. To the extent incentive fees are included within the ratio, they are not annualized.