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Agreements and Related Party Transactions (Tables)

12 Months Ended

Jun. 30, 2024

The following table provides a summary of related party transactions under the Advisory and Administration Agreements with the Adviser for the years ended June 30, 2024, June 30, 2023 and June 30, 2022:


	For the year ended June 30,
	2024		2023		2022
Base management fees	$	3,800,693	$	4,201,394	$	4,594,588
Waiver of base management fees		(365,225)		(387,311)		(480,032)
Income-based incentive fees		(72,942)		401,597		(348,670)
Waiver of income-based incentive fees		—		—		—
Capital gains fee		—		—		—
Allocation of administrative costs from Adviser		1,360,194		966,045		1,247,205
Total net expense to affiliates	$	4,722,720	$	5,181,725	$	5,013,091

The following table provides a summary of related party transactions under the Advisory and Administration Agreements with the Adviser as of June 30, 2024 and June 30, 2023:


	As of June 30,		As of June 30,
	2024		2023
Due from affiliate	$	—	$	—
Total amount due from affiliate	$	—	$	—

Base management fees payable	$	816,777	$	906,218
Income-based incentive fees payable		128,876		576,023
Capital gains fee payable		—		—
Allocation of administrative costs from Adviser payable(1)		52,874		172,308
Total amount due to affiliates	$	998,527	$	1,654,549

(1)

Balances are reported within Accrued Expenses and Other Liabilities on the Consolidated Statements of Assets and Liabilities.