Financial Highlights (Tables)

3 Months Ended

Mar. 31, 2023


	Three Months Ended March 31, 2023
Per Common Share
Per share NAV at beginning of period	$	23.69
Investment operations: (1)
Net investment income		0.69
Net realized and unrealized gain (loss)		0.40
Total from investment operations		1.09

Dividends to common shareholders		(0.55	)
Per share NAV at end of period	$	24.23

Total return based on net asset value: (2)		4.60	%

Shares outstanding at end of period		5,905,404
Ratios to average net asset value: (3)
Net investment income(4)		12.03	%
Expenses before incentive fee (5)		6.70	%
Expenses and incentive fee (6)		6.70	%

Ending net asset value	$	143,108,848
Portfolio turnover rate		5.98	%
Weighted-average debt outstanding	$	91,244,444
Weighted-average interest rate on debt		6.35	%
Weighted-average number of common shares		5,588,034
Weighted-average debt per share	$	15.45

(1)

Per share changes in net asset value are computed based on the actual number of shares outstanding during the time such activity occurred.

(2)

Not annualized for periods less than one year. Total return based on net asset value equals the change in net asset value per share during the period plus declared dividends per share during the period, divided by the beginning net asset value per share at the beginning of the period.

(3)

Annualized for periods less than one year except for incentive fees and other certain non-recurring expenses, excluding the effect of management fee and incentive fee waivers by the Adviser which represented 1.96% of average net assets.

(4)

Net of incentive fees and excise taxes.

(5)

Includes interest and other debt costs but excludes excise taxes.

(6)

Includes incentive fees and all Fund expenses including interest and other debt costs but excludes excise taxes.