Net Assets (Tables)

6 Months Ended

Jun. 30, 2024

Net Assets [Abstract]

Summary of Total Common Shares Issued and Proceeds Received

The following tables summarize the total Common Shares issued and proceeds received under the Private Offering during the six months ended June 30, 2024 and June 30, 2023, respectively:

Date of Closing	Common Shares Issued		NAV per Common Share		Subscription Price Per Common Share		Proceeds Received
January 1, 2024		94,983	$	20.53	$	20.53	$	1,950,000
February 1, 2024		241,313	$	20.72	$	20.72	$	5,000,000
March 1, 2024		10,206	$	20.87	$	20.87	$	213,000
April 1, 2024		46,433	$	20.56	$	20.56	$	954,657
May 1, 2024		2,417,953	$	20.72	$	20.72	$	50,100,000
June 1, 2024		2,279,887	$	20.31	$	20.31	$	46,304,500
Totals		5,090,775					$	104,522,157

Date of Closing	Common Shares Issued		NAV per Common Share		Subscription Price Per Common Share		Proceeds Received
December 31, 2022		500	$	20.00	$	20.00	$	10,000
February 1, 2023		4,037,850	$	20.00	$	20.00	$	80,757,000
March 1, 2023		50,251	$	19.80	$	19.90	$	1,000,000
March 31, 2023		6,314,993	$	19.78	$	19.81	$	125,100,000
May 1, 2023		62,877	$	19.87	$	19.88	$	1,250,000
June 1, 2023		3,579	$	19.55	$	19.56	$	70,000
		10,470,050					$	208,187,000

Distribution Declarations and Common Shares Issued

The following tables summarize the distributions paid and Common Shares issued pursuant to the DRP for the six months ended June 30, 2024 and June 30, 2023, respectively:

Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued		Value of DRP Shares Issued
May 13, 2024	May 13, 2024	June 26, 2024	$	0.58	$	8,136,028		263,981	$	5,361,226
March 26, 2024	March 26, 2024	March 28, 2024	$	0.57	$	6,414,447		195,395	$	4,077,919
December 29, 2023	December 31, 2023	January 30, 2024	$	0.04	$	431,411		12,826	$	263,317
November 10, 2023	December 31, 2023	January 30, 2024	$	0.52	$	5,608,339		166,736	$	3,423,081
					$	20,590,225			$	13,125,543

Of the total distributions paid during the three and six months ended June 30, 2024, $2,774,802 and $7,464,682 was distributed in cash, respectively. Of the total distributions paid for the six months ended June 30, 2024 $2,353,352 was payable as of December 31, 2023.

Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued		Value of DRP Shares Issued
May 9, 2023	May 9, 2023	June 29, 2023	$	0.30	$	3,139,941		155,348	$	3,037,048

Sources of Cash Distributions

The following table presents the sources of distributions on a GAAP basis that the Company declared on its Common Shares for the six months ended June 30, 2024 and June 30, 2023, respectively:

	For the Six Months Ended June 30,
	2024				2023
	Per Share		Amount		Per Share		Amount
Net investment income		0.77	$	12,776,694		0.24	$	2,544,546
Net realized gains		0.10		1,657,169		0.02		180,229
Distributions in excess of net investment income		0.01		116,612		0.04		415,166
Total		0.88	$	14,550,475		0.30	$	3,139,941