Financial Highlights

6 Months Ended

Jun. 30, 2023

Note 8.

Financial Highlights

The following are financial highlights for the six months ended June 30, 2023 and for the period from February 10, 2022 (date of inception) to June 30, 2022:

	For the Six Months Ended June 30, 2023			For the Period from February 10, 2022 (date of inception) to June 30, 2022⁽⁵⁾
Per Share Data:
Net asset value, beginning of period	$	20.00		$	—
Results of operations:
Net investment income (loss)⁽¹⁾		0.38			—
Net unrealized and realized gain (loss)⁽²⁾		(0.02	)		—
Net increase (decrease) in net assets resulting from operations		0.36			—
Distribution declared ⁽⁸⁾		(0.30	)		—
Total increase (decrease) in net assets		0.06			—
Net asset value, end of period	$	20.06		$	—
Total return based on NAV ⁽³⁾		1.80	%		—	%
Shares outstanding, end of period		10,625,397			—

Ratios and supplemental data:
Net assets, end of period	$	213,168,766		$	—
Weighted-average net assets		131,835,908			—
Weighted-average shares outstanding		6,638,018			—
Ratio of net expenses to average net assets ⁽⁴⁾		5.33	%		—	%
Ratio of net expenses before voluntary waivers to average net assets		5.42	%		—	%
Ratio of net investment income to average net assets ⁽⁴⁾		4.26	%		—	%
Portfolio turnover ⁽⁶⁾		35	%		N/A
Asset Coverage Ratio ⁽⁷⁾		1,679	%		N/A

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

(2)	The amount shown for a Common Share outstanding does not correspond with the aggregate realized and unrealized gain (loss) on investments for the period due to the timing of capital share transactions of Common Shares in relation to fluctuating market values of investments of the Company.

(3)	Total return based on net asset value calculated as the change in Net Asset Value per share during the respective periods, assuming distributions, if any, are reinvested on the effects of the performance of the Company during the period. Total return is not annualized.

(4)	Annualized, with the exception of certain non-recurring expenses.

(5)	All expenses were waived for the period. There was no activity other than organization and offering costs incurred for the period from February 10, 2022 (date of inception) to June 30, 2022.

(6)	Calculated for the period February 1, 2023 (commencement of operations) to June 30, 2023.

(7)	Asset coverage ratio is equal to (i) the sum of (A) net assets at end of period and (B) debt outstanding at end of period, divided by (ii) total debt outstanding at the end of the period.

(8)	Distributions are based on the number of shares outstanding on the date the distribution was declared.