The composition of the Company’s investment portfolio at cost and fair value as of June 30, 2023 and December 31, 2022 was as follows:


	June 30, 2023
	Amortized Cost		Fair value		% of Total Investments at Fair Value

First lien debt	$	201,376	$	202,055	100.0	%
Total investments	$	201,376	$	202,055	100.0	%


	December 31, 2022
	Amortized Cost		Fair value		% of Total Investments at Fair Value

First lien debt	$	149,464	$	149,586	100.0	%
Total investments	$	149,464	$	149,586	100.0	%

The industry composition of investments based on fair value as of June 30, 2023 and December 31, 2022 was as follows:


	June 30, 2023
Insurance	16.0	%
Services: Business	13.1
High Tech	10.4
Finance	8.8
Aerospace & Defense	8.5
Healthcare, Education, and Childcare	7.0
Services: Consumer	7.0
Consumer Goods: Durable	7.0
Chemical, Plastics & Rubber	6.9
Construction & Building	4.8
Retail Stores	3.5
Media: Diversified & Production	3.4
Containers, Packaging & Glass	2.0
Broadcasting and Entertainment	1.6
Total	100.0	%


	December 31, 2022
Insurance	21.3	%
Services: Business	12.4
Finance	11.3
Consumer Goods: Durable	9.4
Services: Consumer	9.3
Chemicals, Plastics, and Rubber	9.2
Healthcare, Education, and Childcare	9.1
Media: Diversified & Production	4.6
Retail Stores	4.5
High Tech	4.4
Aerospace and Defense	2.4
Broadcasting and Entertainment	2.1
Total	100.0	%

The geographic composition of investments at cost and fair value as of June 30, 2023 and December 31, 2022 was as follows:


	June 30, 2023
		Amortized Cost		Fair Value		% of Total Investments at Fair Value		Fair Value as % of Net Assets
United States		$	195,754	$	196,302	97.2	%	84.7	%
Canada		5,622		5,753		2.8		2.5
Total		$	201,376	$	202,055	100.0	%	87.2	%


	December 31, 2022
		Amortized Cost		Fair Value		% of Total Investments at Fair Value		Fair Value as % of Net Assets
United States		$	143,993	$	144,116	96.3	%	76.8	%
Canada		5,471		5,470		3.7		2.9
Total		$	149,464	$	149,586	100.0	%	79.7	%