XML 51 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Investments - Schedule of Portfolio Composition by Industry Grouping at Fair Value (Details) - USD ($)
Dec. 31, 2024
Sep. 30, 2024
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 300,094,394 $ 227,915,858
Percentage 100.00% 100.00%
Total Investments [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 300,094,394 [1],[2],[3] $ 227,916,000
Percentage 100.00% 100.00%
Services: Business [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 52,761,000 $ 46,706,000
Percentage 17.60% 20.50%
Insurance [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 48,529,000 $ 101,000
Percentage 16.20% 0.10%
Real Estate [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 43,136,000 $ 50,162,000
Percentage 14.30% 22.00%
Services: Consumer [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 31,764,000 $ 28,121,000
Percentage 10.60% 12.30%
Hotel, Gaming & Leisure [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 25,003,000 $ 24,253,000
Percentage 8.30% 10.60%
High Tech Industries [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 18,389,000 $ 12,352,000
Percentage 6.10% 5.50%
Construction & Building [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 18,220,000 $ 17,095,000
Percentage 6.10% 7.50%
Aerospace & Defense [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 13,787,000 $ 2,827,000
Percentage 4.60% 1.20%
Metals & Mining [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 12,161,000 $ 12,161,000
Percentage 4.10% 5.30%
Automotive [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 11,969,000 $ 12,316,000
Percentage 4.00% 5.40%
Media: Broadcasting & Subscription [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 9,574,000 $ 9,003,000
Percentage 3.20% 4.00%
Consumer Discretionary [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 5,408,000 $ 3,456,000
Percentage 1.80% 1.50%
Energy: Oil & Gas [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 4,340,000 $ 4,333,000
Percentage 1.40% 1.90%
Packaging [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 3,499,000 $ 3,505,000
Percentage 1.20% 1.50%
Banking [Member]    
Schedule of Portfolio Composition by Industry Grouping at Fair Value [Line Items]    
Fair Value $ 1,554,000 $ 1,525,000
Percentage 0.50% 0.70%
[1] 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.
[2] 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).
[3] Substantially all of our investments are domiciled in the United States. Certain investments also have international operations.