XML 236 R35.htm IDEA: XBRL DOCUMENT v3.25.1
DISTRIBUTIONS TO COMMON STOCKHOLDERS (Tables)
 12 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Cash Distributions to Common Stockholders
We paid the following cash distributions to our common stockholders for the years ended March 31, 2025, 2024 and 2023.
For the Year Ended March 31, 2025:
Declaration Date
Record DatePayment DateDistribution
per Common Share
April 9, 2024April 19, 2024April 30, 2024$0.08 
April 9, 2024May 17, 2024May 31, 20240.08 
April 9, 2024June 19, 2024June 28, 20240.08 
July 9, 2024July 22, 2024July 31, 20240.08 
July 9, 2024August 21, 2024August 30, 20240.08 
July 9, 2024September 20, 2024September 30, 20240.08 
September 17, 2024October 4, 2024October 15, 20240.70 
(A)
October 8, 2024October 22, 2024October 31, 20240.08 
October 8, 2024November 20, 2024November 29, 20240.08 
October 8, 2024December 20, 2024December 31, 20240.08 
January 14, 2025January 24, 2025January 31, 20250.08 
January 14, 2025February 19, 2025February 28, 20250.08 
January 14, 2025March 19, 2025March 31, 20250.08 
Year ended March 31, 2025
$1.66 
For the Year Ended March 31, 2024:
Declaration Date
Record DatePayment DateDistribution
per Common Share
April 11, 2023April 21, 2023April 28, 2023$0.08 
April 11, 2023May 23, 2023May 31, 20230.08 
April 11, 2023June 5, 2023June 15, 20230.12 
(A)
April 11, 2023June 21, 2023June 30, 20230.08 
July 11, 2023July 21, 2023July 31, 20230.08 
July 11, 2023August 23, 2023August 31, 20230.08 
July 11, 2023September 7, 2023September 15, 20230.12 
(A)
July 11, 2023September 21, 2023September 29, 20230.08 
October 10, 2023October 20, 2023October 31, 20230.08 
October 10, 2023November 7, 2023November 17, 20230.12 
(A)
October 10, 2023November 20, 2023November 30, 20230.08 
October 24, 2023December 5, 2023December 15, 20230.88 
(A)
October 10, 2023December 18, 2023December 29, 20230.08 
January 9, 2024January 23, 2024January 31, 20240.08 
January 9, 2024February 21, 2024February 29, 20240.08 
January 9, 2024March 21, 2024March 29, 20240.08 
Year ended March 31, 2024:
$2.20 
For the Year Ended March 31, 2023:
Declaration Date
Record DatePayment DateDistribution
per Common Share
April 12, 2022April 22, 2022April 29, 2022$0.075 
April 12, 2022May 20, 2022May 31, 20220.075 
April 12, 2022June 6, 2022June 15, 20220.120 
(A)
April 12, 2022June 22, 2022June 30, 20220.075 
July 12, 2022July 22, 2022July 29, 20220.075 
July 12, 2022August 23, 2022August 31, 20220.075 
July 12, 2022September 22, 2022September 30, 20220.075 
October 11, 2022October 21, 2022October 31, 20220.080 
October 11, 2022November 18, 2022November 30, 20220.080 
October 11, 2022December 6, 2022December 15, 20220.120 
(A)
October 11, 2022December 20, 2022December 30, 20220.080 
January 10, 2023January 20, 2023January 31, 20230.080 
January 10, 2023February 17, 2023February 28, 20230.080 
January 10, 2023March 3, 2023March 15, 20230.240 
(A)
January 10, 2023March 17, 2023March 31, 20230.080 
Year ended March 31, 2023:
$1.410 
(A)Represents a supplemental distribution to common stockholders.
Schedule of Stockholders Equity
The components of our net assets on a tax basis were as follows:

Year Ended March 31,

20252024
Common stock
$37 $37 
Capital in excess of par value
445,512 444,706 
Cumulative unrealized appreciation of investments
38,460 64,737 
Cumulative unrealized depreciation of other
— — 
Undistributed ordinary income36,673 18,708 
Undistributed capital gain
18,663 1,373 
Other temporary differences
(40,261)(36,850)
Net Assets
$499,084 $492,711 
Schedule of Investment Company, Changes in Net Assets
For the years ended March 31, 2025 and 2024, we recorded the following adjustments for estimated permanent book-tax differences to reflect tax character. Results of operations, total net assets, and cash flows were not affected by these adjustments.

Tax Year Ended March 31,

20252024
Underdistributed (overdistributed) net investment income
$9,623 $1,695 
Accumulated net realized gain in excess of distributions
$(8,424)$(881)
Capital in excess of par value
$(1,199)$(814)