[1]	Percentage is based on net assets of $150,700,800 as of December 31, 2023.
[2]	The investment is not a qualifying asset as defined under Section 55(a) of 1940 Act, in a whole, or in part. As of December 31, 2023, non-qualifying assets represented 16.9% of total assets.
[3]	The majority of our investments are domiciled in the United States. Certain investments also have international operations.
[4]	All of our investments are domiciled in the United States. Certain investments also have international operations.
[5]	Non-income producing security.
[6]	Percentage is based on net assets of $146,705,535 as of September 30, 2023.
[7]	Par amount is presented for debt investments and the amount includes accumulated payment-in-kind (“PIK”) interest, as applicable, and is net of repayments, while the number of shares or units owned is presented for equity investments. Par amount is denominated in U.S. Dollars (“$”) unless otherwise noted.
[8]	Unless otherwise indicated, all securities are valued using significant unobservable inputs, which are categorized as Level 3 assets under the definition of ASC 820 fair value hierarchy (see Note 4).
[9]	Net unrealized depreciation for U.S. federal income tax purposes totaled $35,954,899.The tax cost basis of investments is $258,176,551 as of December 31, 2023.The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount, as applicable, on debt investments using the effective interest method.
[10]	Net unrealized depreciation for U.S. federal income tax purposes totaled $(38,550,032).The tax cost basis of investments is $265,010,723 as of September 30, 2023.The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount, as applicable, on debt investments using the effective interest method.
[11]	The interest rate on these loans is subject to 1 month SOFR, which as of September 30, 2023 was 5.32%.
[12]	The investment is not a qualifying asset as defined under Section 55(a) of 1940 Act, in a whole, or in part. As of September 30, 2023, non-qualifying assets represented 20.21% of total assets.
[13]	The interest rate on this preferred equity is fixed-to-floating and will shift to 3 month SOFR plus a CSA of 0.262% plus a 4.743% spread on 9/30/2025.
[14]	Affiliated Investments are defined by the 1940 Act as investments in companies in which the Company owns between 5% and 25% outstanding voting securities or is under common control with such portfolio company.
[15]	Control Investments are defined by the Investment Company Act of 1940, as amended (the “1940 Act”), as investments in companies in which the Company owns more than 25% of the voting securities or maintains greater than 50% of the board representation.
[16]	Affiliated Investments are defined by Investment Company Act of 1940 Act, as amended (the “1940 Act”), as investments in companies in which the Company owns between 5% and 25% outstanding voting securities or is under common control with such portfolio company.
[17]	Credit Spread Adjustment (“CSA”)
[18]	The interest rate on these loans is subject to 3 month SOFR, which as of September 30, 2023 was 5.27%.
[19]	The investment was on non-accrual status as of December 31, 2023.
[20]	This investment represents a Level 2 security in the ASC 820 table as of September 30, 2023 (see Note 4).
[21]	The investment has an unfunded commitment as of September 30, 2023 (see Note 8), and fair value includes the value of any unfunded commitments. The negative cost, if applicable, is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value, if applicable, is the result of the capitalized discount on the loan commitment.
[22]	This investment represents a Level 1 security in the ASC 820 table as of September 30, 2023 (see Note 4).
[23]	The interest rate on this investment is fixed-to-floating and will shift to 3 month SOFR plus a CSA of 0.262% plus a 5.379% spread on 3/30/2024.
[24]	Non-income producing security.
[25]	The interest rate on this preferred equity is fixed-to-floating and will shift to 3 month SOFR plus a CSA of 0.262% plus a 5.29% spread on 9/27/2027.
[26]	The interest rate on this preferred equity is fixed-to-floating and will shift to 3 month LIBOR plus a 5.345% spread on 3/31/2025.
[27]	The interest rate on this preferred equity is fixed-to-floating and will shift to 3 month SOFR plus a CSA of 0.262% plus a 6.429% spread on 1/15/2025.
[28]	The investment was on non-accrual status as of September 30, 2023.
[29]	The investment has an unfunded commitment as of December 31, 2023 (see Note 8), and fair value includes the value of any unfunded commitments. The negative cost, if applicable, is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value, if applicable, is the result of the capitalized discount on the loan commitment.
[30]	The interest rate on these loans is subject to 6 month SOFR, which as of September 30, 2023 was 5.17%.
[31]	The interest rate on this preferred equity is fixed-to-floating and will shift to 3 month LIBOR plus a 5.64% spread on 8/15/2024.
[32]	The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2023 was 5.34%.