XML 51 R41.htm IDEA: XBRL DOCUMENT
v3.25.1

Financial Highlights (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2024
Investment Company, Financial Highlights [Abstract] |
Schedule of Financial Highlights | The following represents the per share data and the ratios to average net assets for the Company:
|  | Six Months Ended December 31, |  | Twelve Months Ended June 30,
|  | 2024 |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020
Per Share Data:(1) |  |  |  |  |  |  |  |  |  |  |  |
Net asset value, beginning of year |  | $5.21 |  | $6.09 |  | $6.50 |  | $6.92 |  | $7.79 |  | $10.51
Net investment income |  | 0.22 |  | 0.46 |  | 0.65 |  | 0.62 |  | 0.65 |  | 1.03
Net realized and unrealized gains (losses) |  | 0.20 |  | (0.74) |  | (0.43) |  | (0.44) |  | (0.82) |  | (2.82)
Net increase (decrease) in net assets resulting from operations |  | 0.42 |  | (0.28) |  | 0.22 |  | 0.18 |  | (0.17) |  | (1.79)
Capital transactions(2) |  |  |  |  |  |  |  |  |  |  |  |
Dividends from net investment income |  | (0.24) |  | (0.60) |  | (0.63) |  | (0.60) |  | (0.70) |  | (0.93)
Distributions from net realized gains |  | — |  | — |  | — |  | — |  | — |  | —
Net decrease in net assets resulting from capital transactions |  | (0.24) |  | (0.60) |  | (0.63) |  | (0.60) |  | (0.70) |  | (0.93)
Net asset value, end of year |  | $5.39 |  | $5.21 |  | $6.09 |  | $6.50 |  | $6.92 |  | $7.79
Market value per share, end of year |  | $3.03 |  | $3.36 |  | $3.62 |  | $4.24 |  | $5.40 |  | $3.49
Total return based on market value(3) |  | (2.12)% |  | 10.52% |  | 1.65% |  | (11.29)% |  | 80.93% |  | (43.32)%
Shares outstanding at end of year |  | 14,406,244 |  | 14,403,752 |  | 14,391,775 |  | 14,385,810 |  | 13,921,767 |  | 13,885,335
Ratio/Supplemental Data: |  |  |  |  |  |  |  |  |  |  |  |
Net assets, at end of year |  | $77,602,130 |  | $75,010,209 |  | $87,700,308 |  | $93,509,392 |  | $96,355,849 |  | $108,124,995
Ratio of total expenses to average net assets(6) |  | 22.03% |  | 22.29% |  | 19.58% |  | 16.15% |  | 16.93% |  | 16.02%
Ratio of net expenses to average net assets(6) |  | 21.70% |  | 21.83% |  | 19.15% |  | 15.67% |  | 16.58% |  | 15.56%
Ratio of interest expense and fees and amortization of deferred debt issuance costs to average net assets(6) |  | 10.39% |  | 11.59% |  | 10.11% |  | 7.33% |  | 6.96% |  | 7.41%
Ratio of net investment income before fee waiver to average net assets(5)(6) |  | 7.72% |  | 7.86% |  | 10.03% |  | 8.53% |  | 8.24% |  | 10.39%
Ratio of net investment income after fee waiver to average net assets(6) |  | 8.05% |  | 8.32% |  | 10.46% |  | 9.02% |  | 8.58% |  | 10.86%
Total Borrowings |  | $123,500,000 |  | $108,000,000 |  | $136,900,000 |  | $149,000,000 |  | $167,000,000 |  | $183,375,000
Asset Coverage Ratio(4) |  | 1.63 |  | 1.69 |  | 1.64 |  | 1.63 |  | 1.58 |  | 1.59
Portfolio Turnover Rate |  | 12% |  | 31% |  | 22% |  | 58% |  | 35% |  | 33%
(1) All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. (2) The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period. (3) Total returns are historical and are calculated by determining the percentage change in the market value with all dividend distributions, if any, reinvested. Dividends and distributions are assumed to be reinvested at prices obtained under the company’s dividend reinvestment plan. Total investment return does not reflect sales load. (4) Asset coverage ratio is equal to (i) the sum of (A) net assets at the end of the period and (B) debt outstanding at the end of the period, divided by (ii) total debt outstanding at the end of the period. (5) Percentages have been revised for the twelve months ended June 30, 2024, 2023, 2022 and 2021. (6) Ratios are annualized for the Six Months Ended December 31, 2024.

X
- References No definition available. + Details
Name: | us-gaap_InvestmentCompanyFinancialHighlightsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-1 + Details
Name: | us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration