Investments (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Investments [Abstract]

Investment Holdings, Schedule of Investments

The composition of the Company’s investment portfolio at cost and fair value was as follows:

	September 30, 2022						December 31, 2021
	Cost		Fair Value		% of Total Investments at Fair Value		Cost		Fair Value		% of Total Investments at Fair Value
First lien debt	$	44,901,859	$	43,902,022	89.67	%	$	28,076,107	$	28,143,451	91.39	%
Second lien debt	2,256,935		2,111,420		4.31		1,799,656		1,813,872		5.89
Unsecured debt	21,432		17,370		0.04		6,061		5,842		0.02
Structured finance investments	409,571		357,384		0.73		287,275		286,610		0.93
Investment in joint venture	1,895,396		1,856,239		3.79		—		—		—
Equity investments(1)	690,426		714,568		1.46		528,924		545,918		1.77
Total	$	50,175,620	$	48,959,003	100.00	%	$	30,698,023	$	30,795,693	100.00	%

(1)Includes equity investment in SLC.

The industry composition of investments at fair value was as follows:

	September 30, 2022		December 31, 2021
Aerospace & Defense	1.38	%	1.14	%
Air Freight & Logistics	2.89		2.94
Airlines	0.08		0.10
Auto Components	0.19		0.28
Beverages	0.16		0.10
Building Products	2.40		2.89
Capital Markets	0.34		0.52

Chemicals	0.46		0.63
Commercial Services & Supplies	3.93		5.50
Construction Materials	0.10		0.08
Construction & Engineering	0.71		1.08
Containers & Packaging	0.79		0.78
Distributors	0.63		0.99
Diversified Consumer Services	3.10		4.36
Diversified Financial Services (1)	2.28		3.33
Diversified Telecommunication Services	0.54		0.65
Electrical Equipment	0.91		2.45
Electronic Equipment, Instruments & Components	0.40		0.32
Electric Utilities	0.10		0.16
Energy Equipment & Services	0.09		0.14
Entertainment	0.08		0.09
Food Products	0.07		0.12
Health Care Equipment & Supplies	1.61		1.77
Health Care Providers & Services	12.03		11.34
Health Care Technology	2.35		1.58
Hotels, Restaurants & Leisure	0.77		0.54
Household Durables	0.27		0.30
Industrial Conglomerates	1.03		0.54
Insurance	4.75		4.40
Interactive Media & Services	0.29		0.24
Internet & Direct Marketing Retail	2.26		2.52
IT Services	4.74		5.74
Investment in Joint Venture	3.79		—
Leisure Products	0.20		0.35
Life Sciences Tools & Services	0.45		0.93
Machinery	0.14		0.34
Marine	0.46		0.72
Media	0.46		0.35
Metals & Mining	0.14		0.16
Oil, Gas & Consumable Fuels	0.27		0.18
Paper & Forest Products	0.14		0.37
Personal Products	0.08		—
Pharmaceuticals	0.57		0.25
Professional Services	12.57		14.27
Real Estate Management & Development	0.54		0.76
Road & Rail	0.04		0.25
Software	24.48		18.61
Specialty Retail	0.32		0.46
Technology Hardware, Storage & Peripherals	0.10		0.20
Textiles, Apparel & Luxury Goods	0.07		0.11
Trading Companies & Distributors	0.78		0.88
Transportation Infrastructure	2.57		3.10
Wireless Telecommunication Services	0.10		0.09
Total	100.00	%	100.00	%

(1)Includes equity investment in SLC.

The geographic composition of investments at cost and fair value was as follows:

	September 30, 2022
	Cost		Fair Value		% of Total Investments at Fair Value		Fair Value as % of Net Assets
United States	$	45,632,191	$	44,752,239	91.41	%	199.98	%
Europe	3,329,455		3,096,697		6.33		13.84
Canada	822,868		770,204		1.57		3.44
Cayman Islands	391,106		339,863		0.69		1.52
Total	$	50,175,620	$	48,959,003	100.00	%	218.78	%

	December 31, 2021
	Cost		Fair Value		% of Total Investments at Fair Value		Fair Value as % of Net Assets
United States	$	28,955,027	$	29,050,466	94.32	%	226.00	%
Europe	1,190,619		1,190,884		3.87		9.26
Canada	267,830		270,342		0.88		2.10
Cayman Islands	279,365		278,788		0.91		2.17
Australia	5,182		5,213		0.02		0.04
Total	$	30,698,023	$	30,795,693	100.00	%	239.57	%