XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.26.1

Financial Highlights | 3 Months Ended
--- | ---
Mar. 31, 2026
Investment Company [Abstract] |
Financial Highlights | Financial Highlights The table below presents the financial highlights for a common share outstanding for the following periods:
| For the Three Months Ended March 31,
| 2026 |  | 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Per share data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net asset value, beginning of period | $ | 14.81 |  |  | $ | 15.26 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Results of operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net investment income(1) | 0.32 |  |  | 0.41 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net realized and unrealized gain (loss)(1) | (0.37) |  |  | 0.08 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net increase (decrease) in net assets resulting from operations | (0.05) |  |  | 0.49 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Distributions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Distributions declared from earnings(2) | (0.37) |  |  | (0.42) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital share transactions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common shares(2) | 0.02 |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Issuance of common shares in connection with the OBDE Mergers | — |  |  | (0.19) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total increase (decrease) in net assets | (0.40) |  |  | (0.12) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Asset Value, End of Period(8) | $ | 14.41 |  |  | $ | 15.14 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares outstanding, end of period | 496,305,391 |  |  | 511,048,237 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Per share market value at end of period | $ | 11.06 |  |  | $ | 14.66 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total return, based on market value(3) | (8.0) | % |  | (0.3) | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total return, based on net asset value(4) | 0.6 | % |  | 2.0 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ratios / supplemental data:(5) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ratio of total expenses to average net assets(6)(7) | 13.1 | % |  | 15.4 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ratio of net investment income to average net assets(6) | 8.8 | % |  | 11.8 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net assets, end of period | $ | 7,154,000 |  |  | $ | 7,739,089 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding | 498,903,632 |  |  | 494,825,717 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Portfolio turnover rate | 2.5 | % |  | 6.0 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
_______________ (1)The per share data was derived using the weighted average shares outstanding during the period. (2)The per share data was derived using actual shares outstanding at the date of the relevant transaction. (3)Total return based on market value is calculated as the change in market value per share during the respective periods, taking into account dividends and distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan. (4)Total return is calculated as the change in NAV per share during the period, plus distributions per share (assuming dividends and distributions, if any, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV per share. (5)Does not include expenses of investment companies in which the Company invests. (6)The ratios reflect annualized amounts, except in the case of non-recurring expenses (e.g. initial organization expenses). (7)Prior to any management fee waivers, the annualized total expenses to average net assets for the three months ended March 31, 2026 and 2025, was 13.1% and 15.4%, respectively. (8)Totals presented may not sum due to rounding.

X
- References No definition available. + Details
Name: | us-gaap_InvestmentCompanyAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of financial highlights reported by investment company. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-7 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-24 + Details
Name: | us-gaap_InvestmentCompanyFinancialHighlightsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration