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INVESTMENTS | 3 Months Ended
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Mar. 31, 2024
Schedule of Investments [Abstract] |
INVESTMENTS | INVESTMENTS The composition of the Company’s investment portfolio at cost and fair value was as follows:
|  | March 31, 2024 |  | December 31, 2023
|  | Cost |  | Fair Value |  | % of Total Investments at Fair Value |  | Cost |  | Fair Value |  | % of Total Investments at Fair Value
First Lien Debt |  | $ | 3,131,129 |  |  | $ | 3,115,404 |  |  | 94.6 | % |  | $ | 3,027,413 |  |  | $ | 3,004,544 |  |  | 94.1 | %
Second Lien Debt |  | 136,708 |  |  | 118,107 |  |  | 3.6 |  |  | 146,014 |  |  | 132,415 |  |  | 4.1 |
Other Investments |  | 55,930 |  |  | 59,694 |  |  | 1.8 |  |  | 53,349 |  |  | 56,602 |  |  | 1.8 |
Total |  | $ | 3,323,767 |  |  | $ | 3,293,205 |  |  | 100.0 | % |  | $ | 3,226,776 |  |  | $ | 3,193,561 |  |  | 100.0 | %
The industry composition of investments at fair value was as follows:
|  | March 31, 2024 |  | December 31, 2023 |
Aerospace & Defense |  | 2.3 |  | % | 2.2 |  | %
Air Freight & Logistics |  | 0.5 |  |  | 1.1 |  |
Automobile Components |  | 3.4 |  |  | 3.5 |  |
Automobiles |  | 4.8 |  |  | 4.7 |  |
Biotechnology |  | 0.5 |  |  | 0.5 |  |
Chemicals |  | 0.6 |  |  | 0.6 |  |
Commercial Services & Supplies |  | 9.3 |  |  | 9.6 |  |
Construction & Engineering |  | 1.8 |  |  | 1.5 |  |
Consumer Staples Distribution & Retail |  | 0.6 |  |  | — |  |
Containers & Packaging |  | 1.4 |  |  | 1.4 |  |
Distributors |  | 2.8 |  |  | 2.9 |  |
Diversified Consumer Services |  | 3.4 |  |  | 2.5 |  |
Electronic Equipment, Instruments & Components |  | 2.0 |  |  | 2.1 |  |
Energy Equipment & Services |  | 0.4 |  |  | 0.5 |  |
Financial Services |  | 1.8 |  |  | 1.9 |  |
Food Products |  | 2.3 |  |  | 2.3 |  |
Health Care Equipment & Supplies |  | 0.6 |  |  | 0.7 |  |
Health Care Providers & Services |  | 4.1 |  |  | 4.6 |  |
Health Care Technology |  | 1.8 |  |  | 1.9 |  |
Industrial Conglomerates |  | 1.4 |  |  | 1.3 |  |
Insurance Services |  | 15.1 |  |  | 14.9 |  |
Interactive Media & Services |  | 3.0 |  |  | 3.2 |  |
IT Services |  | 8.6 |  |  | 8.7 |  |
Leisure Products |  | 0.7 |  |  | 0.7 |  |
Machinery |  | 2.0 |  |  | 2.1 |  |
Multi-Utilities |  | 0.6 |  |  | 0.7 |  |
Pharmaceuticals |  | 0.4 |  |  | 0.4 |  |
Professional Services |  | 3.7 |  |  | 3.8 |  |
Real Estate Management & Development |  | 5.1 |  |  | 5.3 |  |
Software |  | 14.8 |  |  | 14.2 |  |
Wireless Telecommunication Services |  | 0.2 |  |  | 0.2 |  |
Total |  | 100.0 |  | % | 100.0 |  | %
The geographic composition of investments at cost and fair value was as follows:
|  | March 31, 2024 |  | December 31, 2023
|  | Cost |  | Fair Value |  | % of Total Investments at Fair Value |  | Cost |  | Fair Value |  | % of Total Investments at Fair Value
Australia |  | $ | 16,978 |  |  | $ | 17,115 |  |  | 0.5 | % |  | $ | 16,985 |  |  | $ | 17,048 |  |  | 0.5 | %
Canada |  | 96,252 |  |  | 96,693 |  |  | 2.9 |  |  | 98,674 |  |  | 98,387 |  |  | 3.1 |
United Kingdom |  | 11,499 |  |  | 11,721 |  |  | 0.4 |  |  | 12,398 |  |  | 12,629 |  |  | 0.4 |
United States |  | 3,199,038 |  |  | 3,167,676 |  |  | 96.2 |  |  | 3,098,719 |  |  | 3,065,497 |  |  | 96.0 |
Total |  | $ | 3,323,767 |  |  | $ | 3,293,205 |  |  | 100.0 | % |  | $ | 3,226,776 |  |  | $ | 3,193,561 |  |  | 100.0 | %

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