Investment Portfolio

6 Months Ended

Jun. 30, 2026

The following tables summarize the composition of the Company’s investment portfolio at cost and fair value as of June 30, 2026 and December 31, 2025:


	June 30, 2026 (Unaudited)				December 31, 2025
	Cost	Fair Value	Percentage of Portfolio		Cost	Fair Value	Percentage of Portfolio
Senior Secured Loans - First Lien	1,408,081	1,395,704	98.4	%	1,295,967	1,303,361	95.6	%
Subordinated Debt	1,419	1,214	0.1	%	743	743	0.1	%
Equity	6,216	3,757	0.3	%	2,459	942	0.1	%
Money Market Fund	16,631	16,631	1.2	%	56,856	56,856	4.2	%
Total	1,432,347	1,417,306	100.0	%	1,356,025	1,361,902	100.0	%

The following table describes investments, excluding money market funds, by industry classification and enumerates the percentage, by fair value, of the total portfolio assets in such industries as of June 30, 2026 and December 31, 2025:


	June 30, 2026 (Unaudited)				December 31, 2025
Industry Classification	Fair Value		Percentage of Portfolio		Fair Value		Percentage of Portfolio
Systems Software	$	164,691	11.8	%	$	152,163	11.6	%
Construction & Engineering	162,140		11.6	%	114,715		8.8	%
Application Software	121,886		8.7	%	112,126		8.6	%
Diversified Support Services	120,319		8.6	%	132,155		10.1	%
Insurance Brokers	85,989		6.1	%	73,174		5.6	%
Health Care Services	67,606		4.8	%	65,059		5.0	%
Environmental & Facilities Services	59,091		4.2	%	67,565		5.2	%
Asset Management & Custody Banks	49,932		3.6	%	49,242		3.8	%
Air Freight & Logistics	48,598		3.5	%	48,106		3.7	%
Specialized Consumer Services	46,190		3.3	%	45,702		3.5	%
Aerospace & Defense	42,928		3.1	%	37,649		2.9	%
Health Care Technology	35,720		2.6	%	35,850		2.7	%
Trading Companies & Distributors	35,080		2.5	%	21,726		1.7	%
Electrical Components & Equipment	35,053		2.5	%	35,545		2.7	%
Food Distributors	29,267		2.1	%	4,520		0.3	%
Property & Casualty Insurance	28,994		2.1	%	29,809		2.3	%
Health Care Supplies	28,173		2.0	%	32,358		2.5	%
Consumer Finance	28,352		2.0	%	28,755		2.2	%
Leisure Facilities	26,862		1.9	%	19,251		1.5	%
Interactive Media & Services	23,033		1.6	%	22,923		1.8	%
Research & Consulting Services	21,976		1.6	%	22,586		1.7	%
Specialty Chemicals	20,026		1.4	%	20,580		1.6	%
Education Services	18,817		1.3	%	16,666		1.3	%
Cargo Ground Transportation	14,705		1.0	%	15,015		1.2	%
Human Resource & Employment Services	13,724		1.0	%	13,824		1.1	%
Commercial & Residential Mortgage Finance	12,206		0.9	%	12,294		0.9	%
IT Consulting & Other Services	11,585		0.8	%	2,610		0.2	%
Health Care Equipment	10,886		0.8	%	10,663		0.8	%
Internet Services & Infrastructure	7,431		0.5	%	7,685		0.6	%
Highways & Railtracks	5,558		0.4	%	5,696		0.4	%
Diversified Financial Services	5,322		0.4	%	5,570		0.4	%
Electronic Equipment & Instruments	5,101		0.4	%	970		0.1	%
Hotels, Resorts & Cruise Lines	4,466		0.3	%	4,462		0.3	%
Health Care Facilities	4,835		0.3	%	5,010		0.4	%
Construction Machinery & Heavy Transportation Equipment	4,133		0.3	%	4,192		0.3	%
Personal Care Products	—		—	%	7,886		0.6	%
Publishing	—		—	%	20,944		1.6	%
Total	$	1,400,675	100.0	%	$	1,305,046	100.0	%