| Schedule of Changes in Net Assets |
The following table presents the changes in net assets for the three and nine months ended June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | | | | | | | (Share amounts in thousands) | | Shares | | Par Value | | Additional paid-in-capital | | Accumulated Overdistributed Earnings | | Total Net Assets | | Balance as of September 30, 2024 | | 82,245 | | | $ | 822 | | | $ | 2,264,449 | | | $ | (777,460) | | | $ | 1,487,811 | | | Net investment income | | — | | | — | | — | | 44,302 | | 44,302 | | Net unrealized appreciation (depreciation) | | — | | — | | — | | (19,614) | | (19,614) | | Net realized gains (losses) | | — | | — | | — | | (17,310) | | (17,310) | | (Provision) benefit for taxes on realized and unrealized gains (losses) | | — | | — | | — | | (139) | | (139) | | Distributions to stockholders | | — | | — | | — | | (45,235) | | (45,235) | | Issuance of common stock under dividend reinvestment plan | | 95 | | 1 | | 1,454 | | — | | 1,455 | | Repurchase of common stock under dividend reinvestment plan | | (95) | | (1) | | (1,454) | | — | | (1,455) | | Balance as of December 31, 2024 | | 82,245 | | | $ | 822 | | | $ | 2,264,449 | | | $ | (815,456) | | | $ | 1,449,815 | | | Net investment income | | — | | | — | | | — | | | 39,055 | | | 39,055 | | Net unrealized appreciation (depreciation) | | — | | | — | | | — | | | (82,023) | | | (82,023) | | Net realized gains (losses) | | — | | | — | | | — | | | 6,705 | | | 6,705 | | (Provision) benefit for taxes on realized and unrealized gains (losses) | | — | | | — | | | — | | | 14 | | | 14 | | Distributions to stockholders | | — | | | — | | | — | | | (41,400) | | | (41,400) | | Issuance of common stock under dividend reinvestment plan | | 276 | | | 3 | | | 4,286 | | | — | | | 4,289 | | Repurchase of common stock under dividend reinvestment plan | | (276) | | | (3) | | | (4,286) | | | — | | | (4,289) | | Issuance of common stock in private placement | | 5,672 | | | 57 | | | 99,943 | | | — | | | 100,000 | | Issuance of common stock in connection with the "at the market" offering | | 169 | | | 2 | | | 2,945 | | | — | | | 2,947 | | Balance as of March 31, 2025 | | 88,086 | | | $ | 881 | | | $ | 2,367,337 | | | $ | (893,105) | | | $ | 1,475,113 | | | Net investment income | | — | | | — | | | — | | | 33,481 | | | 33,481 | | Net unrealized appreciation (depreciation) | | — | | | — | | | — | | | 18,572 | | | 18,572 | | Net realized gains (losses) | | — | | | — | | | — | | | (13,432) | | | (13,432) | | (Provision) benefit for taxes on realized and unrealized gains (losses) | | — | | | — | | | — | | | (269) | | | (269) | | Distributions to stockholders | | — | | | — | | | — | | | (36,996) | | | (36,996) | | Issuance of common stock under dividend reinvestment plan | | 269 | | | 3 | | | 3,748 | | | — | | | 3,751 | | Repurchase of common stock under dividend reinvestment plan | | (269) | | | (3) | | | (3,748) | | | — | | | (3,751) | | Balance as of June 30, 2025 | | 88,086 | | | $ | 881 | | | $ | 2,367,337 | | | $ | (891,749) | | | $ | 1,476,469 | |
The following table presents the changes in net assets for the three and nine months ended June 30, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | | | | | | | (Share amounts in thousands) | | Shares | | Par Value | | Additional paid-in-capital | | Accumulated Overdistributed Earnings | | Total Net Assets | | Balance as of September 30, 2023 | | 77,225 | | | $ | 772 | | | $ | 2,166,330 | | | $ | (651,338) | | | $ | 1,515,764 | | | Net investment income | | — | | | — | | — | | 44,189 | | 44,189 | | Net unrealized appreciation (depreciation) | | — | | — | | — | | (25,025) | | (25,025) | | Net realized gains (losses) | | — | | — | | — | | (8,453) | | (8,453) | | (Provision) benefit for taxes on realized and unrealized gains (losses) | | — | | — | | — | | (176) | | (176) | | Distributions to stockholders | | — | | — | | — | | (48,897) | | (48,897) | | Issuance of common stock in connection with the "at the market" offering | | 1,641 | | 17 | | 32,296 | | — | | 32,313 | | Issuance of common stock under dividend reinvestment plan | | 99 | | 1 | | 1,935 | | — | | 1,936 | | Balance as of December 31, 2023 | | 78,965 | | | $ | 790 | | | $ | 2,200,561 | | | $ | (689,700) | | | $ | 1,511,651 | | | Net investment income | | — | | | — | | — | | 41,367 | | 41,367 | | Net unrealized appreciation (depreciation) | | — | | — | | — | | (25,252) | | (25,252) | | Net realized gains (losses) | | — | | — | | — | | (6,603) | | (6,603) | | (Provision) benefit for taxes on realized and unrealized gains (losses) | | — | | — | | — | | (175) | | (175) | | Distributions to stockholders | | — | | — | | — | | (44,715) | | (44,715) | | Issuance of common stock in connection with the "at the market" offering | | 2,334 | | 23 | | 45,950 | | — | | 45,973 | | Issuance of common stock under dividend reinvestment plan | | 97 | | 1 | | 1,852 | | — | | 1,853 | | Balance as of March 31, 2024 | | 81,396 | | | $ | 814 | | | $ | 2,248,363 | | | $ | (725,078) | | | $ | 1,524,099 | | | Net investment income | | — | | | — | | — | | 44,575 | | 44,575 | | Net unrealized appreciation (depreciation) | | — | | — | | — | | 26,199 | | 26,199 | | Net realized gains (losses) | | — | | — | | — | | (69,452) | | (69,452) | | (Provision) benefit for taxes on realized and unrealized gains (losses) | | — | | — | | — | | (202) | | (202) | | Distributions to stockholders | | — | | — | | — | | (45,180) | | (45,180) | | Issuance of common stock in connection with the "at the market" offering | | 749 | | 7 | | 14,214 | | — | | 14,221 | | Issuance of common stock under dividend reinvestment plan | | 100 | | 1 | | 1,872 | | — | | 1,873 | | Balance as of June 30, 2024 | | 82,245 | | | $ | 822 | | | $ | 2,264,449 | | | $ | (769,138) | | | $ | 1,496,133 | |
|
| Schedule of Distributions |
The following table reflects the distributions per share that the Company has paid, including shares issued under the DRIP, on its common stock during the nine months ended June 30, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Distribution | | Date Declared | | Record Date | | Payment Date | | Amount
per Share | | Cash
Distribution | | DRIP Shares
Issued | | DRIP Shares
Value (3) | | | | Quarterly | | November 7, 2024 | | December 16, 2024 | | December 31, 2024 | | $ | 0.55 | | | $ | 43.8 | million | | 94,970 | | (1) | $ | 1.5 | million | | | | Quarterly | | January 27, 2025 | | March 17, 2025 | | March 31, 2025 | | $ | 0.40 | | | $ | 31.5 | million | | 234,752 | | (1) | $ | 3.7 | million | | | | Supplemental | | January 27, 2025 | | March 17, 2025 | | March 31, 2025 | | $ | 0.07 | | | $ | 5.6 | million | | 41,082 | | (1) | $ | 0.6 | million | | | | Quarterly | | April 28, 2025 | | June 16, 2025 | | June 30, 2025 | | $ | 0.40 | | | $ | 31.6 | million | | 256,343 | | (1) | $ | 3.6 | million | | | | Supplemental | | April 28, 2025 | | June 16, 2025 | | June 30, 2025 | | $ | 0.02 | | | $ | 1.6 | million | | 12,817 | | (1) | $ | 0.2 | million | | | | Total for the nine months ended June 30, 2025 | | $ | 1.44 | | | $ | 114.1 | million | | 639,964 | | | $ | 9.5 | million | | | | Distribution | | Date Declared | | Record Date | | Payment Date | | Amount
per Share | | Cash
Distribution | | DRIP Shares
Issued | | DRIP Shares
Value | | | | Quarterly | | November 8, 2023 | | December 15, 2023 | | December 29, 2023 | | $ | 0.55 | | | $ | 41.7 | million | | 87,472 | | (2) | $ | 1.7 | million | | | | Special | | November 8, 2023 | | December 15, 2023 | | December 29, 2023 | | $ | 0.07 | | | $ | 5.3 | million | | 11,133 | | (2) | $ | 0.2 | million | | | | Quarterly | | January 26, 2024 | | March 15, 2024 | | March 29, 2024 | | $ | 0.55 | | | $ | 42.8 | million | | 96,850 | | (2) | $ | 1.9 | million | | | | Quarterly | | April 26, 2024 | | June 14, 2024 | | June 28, 2024 | | $ | 0.55 | | | $ | 43.3 | million | | 100,029 | | (2) | $ | 1.9 | million | | | | Total for the nine months ended June 30, 2024 | | $ | 1.72 | | | $ | 133.1 | million | | 295,484 | | | $ | 5.7 | million | | |
__________ (1) Shares were purchased on the open market and distributed. (2) New shares were issued and distributed. (3) Totals may not sum due to rounding. |
| Schedule of Common Stock Issued and Sold |
In connection with the "at the market" offering, the Company issued and sold 168,055 shares of common stock during the nine months ended June 30, 2025 for net proceeds of $3.0 million (net of offering costs). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Number of Shares Issued | | Gross Proceeds | | Placement Agent Fees | | Net Proceeds (1) | | Average Sales Price per Share (2) | | "At the market" offering | | 168,055 | | | $ | 2,987 | | | $ | 26 | | | $ | 2,960 | | | $ | 17.77 | |
(1) Net proceeds excludes offering costs of less than $0.1 million. (2) Represents the gross sales price, including supplemental payments by Oaktree, before deducting placement agent fees and estimated offering expenses. In connection with the "at the market" offering, the Company issued and sold 4,724,506 shares of common stock during the nine months ended June 30, 2024 for net proceeds of $92.5 million (net of offering costs). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Number of Shares Issued | | Gross Proceeds | | Placement Agent Fees | | Net Proceeds (1) | | Average Sales Price per Share (2) | | "At the market" offering | | 4,724,506 | | | $ | 93,685 | | | $ | 937 | | | $ | 92,748 | | | $ | 19.83 | |
(1) Net proceeds excludes offering costs of $0.2 million. (2) Represents the gross sales price before deducting placement agent fees and estimated offering expenses. |