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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2025
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)

14. Selected Quarterly Financial Data (Unaudited)

 

 

 

 

2025

 

 

 

Q4

 

 

Q3

 

 

Q2

 

 

Q1

 

Investment Income

 

$

231,336

 

 

$

235,715

 

 

$

241,090

 

 

$

240,528

 

Net Expenses (1)

 

$

86,795

 

 

$

93,144

 

 

$

94,072

 

 

$

87,966

 

Net Investment Income

 

$

144,541

 

 

$

142,571

 

 

$

147,018

 

 

$

152,562

 

Total unrealized and realized gains (losses)

 

$

(55,862

)

 

$

(4,190

)

 

$

10,908

 

 

$

(24,455

)

Increase (decrease) in Net Assets Resulting from Operations

 

$

88,679

 

 

$

138,381

 

 

$

157,926

 

 

$

128,107

 

Net Asset Value per Share as of the End of the Quarter

 

$

28.51

 

 

$

29.68

 

 

$

29.43

 

 

$

29.02

 

 

 

 

2024

 

 

 

Q4

 

 

Q3

 

 

Q2

 

 

Q1

 

Investment Income

 

$

200,820

 

 

$

178,888

 

 

$

157,464

 

 

$

131,592

 

Net Expenses (1)

 

$

95,824

 

 

$

78,022

 

 

$

71,191

 

 

$

56,710

 

Net Investment Income

 

$

104,995

 

 

$

100,866

 

 

$

86,265

 

 

$

72,722

 

Total unrealized and realized gains (losses)

 

$

68,646

 

 

$

26,114

 

 

$

21,329

 

 

$

25,003

 

Increase (decrease) in Net Assets Resulting from Operations

 

$

173,641

 

 

$

126,980

 

 

$

107,594

 

 

$

97,725

 

Net Asset Value per Share as of the End of the Quarter

 

$

28.79

 

 

$

29.69

 

 

$

29.05

 

 

$

28.47

 

 

 

 

2023

 

 

 

Q4

 

 

Q3

 

 

Q2

 

 

Q1

 

Investment Income

 

$

90,782

 

 

$

66,482

 

 

$

57,788

 

 

$

31,021

 

Net Expenses (1)

 

$

41,660

 

 

$

34,026

 

 

$

24,962

 

 

$

15,646

 

Net Investment Income (2)

 

$

48,686

 

 

$

32,056

 

 

$

32,421

 

 

$

15,115

 

Total unrealized and realized gains (losses)

 

$

12,750

 

 

$

29,447

 

 

$

410

 

 

$

13,103

 

Increase (decrease) in Net Assets Resulting from Operations

 

$

61,437

 

 

$

61,503

 

 

$

32,831

 

 

$

28,218

 

Net Asset Value per Share as of the End of the Quarter

 

$

27.75

 

 

$

27.19

 

 

$

26.13

 

 

$

25.77

 

 

(1)
Net expenses include income taxes, including any excise taxes.
(2)
Net investment income excludes $943 of expenses incurred at formation.