0000017313-23-000125 | 10-Q | XBRL Viewer

ORGANIZATION AND BASIS OF PRESENTATION	6 Months Ended
ORGANIZATION AND BASIS OF PRESENTATION	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	ORGANIZATION AND BASIS OF PRESENTATION References in this Quarterly Report on Form 10-Q to “we,” “our,” “us,” “CSWC,” or the “Company” refer to Capital Southwest Corporation, unless the context requires otherwise. Organization Capital Southwest Corporation is an internally managed investment company that specializes in providing customized financing to middle market companies in a broad range of investment segments located primarily in the United States. CSWC has elected to be regulated as a business development company under the 1940 Act. Our common stock currently trades on The Nasdaq Global Select Market under the ticker symbol “CSWC.” We have elected, and intend to qualify annually, to be treated for U.S. federal income tax purposes as a regulated investment company (“RIC”) under Subchapter M of the U.S. Internal Revenue Code of 1986, as amended (the “Code”). As such, we generally will not have to pay U.S. federal income tax at corporate rates on any ordinary income or capital gains that we distribute to our shareholders as dividends. To continue to maintain our RIC tax treatment, we must meet specified source-of-income and asset diversification requirements and timely distribute annually at least 90% of our net ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any. We may be subject to U.S. federal income tax and a 4% U.S. federal excise tax on any income that we do not timely distribute to our shareholders. Our U.S. federal income tax liability may be reduced to the extent that we make certain distributions during the following calendar year and satisfy other procedural requirements. We focus on investing in companies with histories of generating revenues and positive cash flow, established market positions and proven management teams with strong operating discipline. Our core business is to target senior debt investments and equity investments in lower middle market (“LMM”) companies. We also opportunistically target first and second lien loans in upper middle market (“UMM”) companies. Our target LMM companies typically have annual earnings before interest, taxes, depreciation and amortization (“EBITDA”) generally between $3.0 million and $20.0 million, and our LMM investments generally range in size from $5.0 million to $35.0 million. Our UMM investments generally include first and second lien loans in companies with EBITDA generally greater than $20.0 million and our UMM investments typically range in size from $5.0 million to $20.0 million. We make available significant managerial assistance to the companies in which we invest as we believe that providing managerial assistance to an investee company is critical to its business development activities. CSWC has a direct wholly-owned subsidiary that has been elected to be a taxable entity (the “Taxable Subsidiary”). The primary purpose of the Taxable Subsidiary is to permit CSWC to hold certain interests in portfolio companies that are organized as limited liability companies, or LLCs (or other forms of pass-through entities), and still allow us to satisfy the RIC tax requirement that at least 90% of our gross income for U.S. federal income tax purposes must consist of qualifying investment income. The Taxable Subsidiary is taxed at normal corporate tax rates based on its taxable income. On April 20, 2021, our wholly owned subsidiary, Capital Southwest SBIC I, LP (“SBIC I”), received a license from the U.S. Small Business Administration (the “SBA”) to operate as a small business investment company ("SBIC") under Section 301(c) of the Small Business Investment Act of 1958, as amended. SBIC I has an investment strategy substantially similar to ours and makes similar types of investments in accordance with SBA regulations. SBIC I and its general partner are consolidated for financial reporting purposes under generally accepted accounting principles in the United States ("U.S. GAAP"), and the portfolio investments held by it are included in the consolidated financial statements. Basis of Presentation The consolidated financial statements have been prepared in accordance with U.S. GAAP. We meet the definition of an investment company and follow the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies (“ASC 946”). Under rules and regulations applicable to investment companies, we are generally precluded from consolidating any entity other than another investment company, subject to certain exceptions. One of the exceptions to this general principle occurs if the investment company has an investment in an operating company that provides services to the investment company. Accordingly, the consolidated financial statements include the Taxable Subsidiary and SBIC I. The consolidated financial statements are presented in conformity with U.S. GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain disclosures accompanying annual consolidated financial statements prepared in accordance with U.S. GAAP are omitted. In the opinion of our management, the unaudited consolidated financial results included herein contain all adjustments, consisting solely of normal recurring accruals, considered necessary for the fair presentation of consolidated financial statements for the interim periods included herein. The results of operations for the three and six months ended September 30, 2023 are not necessarily indicative of the operating results to be expected for the full fiscal year. Also, the unaudited consolidated financial statements and notes should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal years ended March 31, 2023 and 2022. Consolidated financial statements prepared on a U.S. GAAP basis require management to make estimates and assumptions that affect the amounts and disclosures reported in the consolidated financial statements and accompanying notes. Such estimates and assumptions could change in the future as more information becomes known, which could impact the amounts reported and disclosed herein. Portfolio Investment Classification We classify our investments in accordance with the requirements of the 1940 Act. Under the 1940 Act, “Control Investments” are generally defined as investments in which we own more than 25% of the voting securities; “Affiliate Investments” are generally defined as investments in which we own between 5% and 25% of the voting securities, and the investments are not classified as “Control Investments”; and “Non-Control/Non-Affiliate Investments” are generally defined as investments that are neither “Control Investments” nor “Affiliate Investments.” Under the 1940 Act, a BDC must meet certain requirements, including investing at least 70% of its total assets in qualifying assets. As of September 30, 2023, the Company has 85.1% of its total assets (at fair value) in qualifying assets. The principal categories of qualifying assets relevant to our business are: (1)securities purchased in transactions not involving any public offering from the issuer of such securities, which issuer (subject to certain limited exceptions) is an "eligible portfolio company," or from any person who is, or has been during the preceding 13 months, an affiliated person of an eligible portfolio company, or from any other person, subject to such rules as may be prescribed by the Securities and Exchange Commission ("SEC"); (2)securities of any eligible portfolio company that we control; (3)securities purchased in a private transaction from a U.S. issuer that is not an investment company or from an affiliated person of the issuer, or in transactions incident thereto, if the issuer is in bankruptcy and subject to reorganization or if the issuer, immediately prior to the purchase of its securities was unable to meet its obligations as they came due without material assistance other than conventional lending or financing arrangements; (4)securities of an eligible portfolio company purchased from any person in a private transaction if there is no readily available market for such securities and we already own 60% of the outstanding equity of the eligible portfolio company; (5)securities received in exchange for or distributed on or with respect to securities described in (1) through (4) above, or pursuant to the exercise of warrants or rights relating to such securities; and (6)cash, cash equivalents, U.S. government securities or high-quality debt securities maturing in one year or less from the time of investment. Additionally, in order to qualify for RIC tax treatment for U.S. federal income tax purposes, we must, among other things meet the following requirements: (1) continue to maintain our election as a BDC under the 1940 Act at all times during each taxable year; (2) derive in each taxable year at least 90% of our gross income from dividends, interest, payments with respect to certain securities, loans, gains from the sale of stock or other securities, net income from certain "qualified publicly traded partnerships," or other income derived with respect to our business of investing in such stock or securities; and (3) diversify our holdings in accordance with two diversification requirements: (a) diversify our holdings such that at the end of each quarter of the taxable year at least 50% of the value of our assets consists of cash, cash equivalents, U.S. Government securities, securities of other RICs, and such other securities if such other securities of any one issuer do not represent more than 5% of the value of our assets or more than 10% of the outstanding voting securities of the issuer; and (b) diversify our holdings such that no more than 25% of the value of our assets is invested in the securities, other than U.S. government securities or securities of other RICs, (i) of one issuer, (ii) of two or more issuers that are controlled, as determined under applicable Code rules, by us and that are engaged in the same or similar or related trades or businesses or (iii) of certain "qualified publicly traded partnerships" (collectively, the "Diversification Requirements"); The two Diversification Requirements must be satisfied quarterly. If a RIC satisfies the Diversification Requirements for one quarter, and then, due solely to fluctuations in market value, fails to meet one of the Diversification Requirements in the next quarter, it retains RIC tax treatment. A RIC that fails to meet the Diversification Requirements as a result of a nonqualified acquisition may be subject to excess taxes unless the nonqualified acquisition is disposed of and the Diversification Requirements are satisfied within 30 days of the close of the quarter in which the Diversification Requirements are failed. For the quarter ended September 30, 2023, we satisfied all RIC requirements and have 10.8% in nonqualified assets according to measurement criteria established in Section 851(d) of the Code.

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Mar. 31, 2023
Gain Contingencies [Line Items]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets	Other assets	Other assets
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities	Other liabilities	Other liabilities
Lease expense	$ 63,100	$ 63,100	$ 126,100	$ 126,100
Operating lease asset	1,800,000		1,800,000		$ 1,800,000
Operating lease liability	$ 2,700,000		$ 2,700,000		$ 2,800,000
Remaining lease term	9 years		9 years
Discount rate	7.70%		7.70%
Letters of credit issued and outstanding
Gain Contingencies [Line Items]
Expiring letters of credit	$ 900,000		$ 900,000
February 2023 \| Letters of credit issued and outstanding
Gain Contingencies [Line Items]
Expiring letters of credit	400,000		400,000
April 2023 \| Letters of credit issued and outstanding
Gain Contingencies [Line Items]
Expiring letters of credit	200,000		200,000
August 2023 \| Letters of credit issued and outstanding
Gain Contingencies [Line Items]
Expiring letters of credit	$ 300,000		$ 300,000

INCOME TAXES - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Contingency [Line Items]
Dividends	$ 24,800	$ 22,900	$ 20,900
Dividends declared (in usd per share)	$ 0.62	$ 0.59	$ 0.58
Cost of investments	$ 1,349,600		$ 1,210,800		$ 1,349,600
Gross unrealized appreciation	79,300		72,300		79,300
Gross unrealized depreciation	(75,300)		(76,800)		(75,300)
Net unrealized appreciation (depreciation)	4,000		(4,500)		4,000
Deferred tax liability	10,358		$ 12,117		10,358
Income tax provision (benefit)	(783)			$ 534	(336)	$ 726
Excise tax	100			200	300	300
RIC
Income Tax Contingency [Line Items]
Cost of investments	1,304,500				1,304,500
Gross unrealized appreciation	17,300				17,300
Gross unrealized depreciation	(71,000)				(71,000)
Net unrealized appreciation (depreciation)	(53,700)				(53,700)
Taxable Subsidiary
Income Tax Contingency [Line Items]
Cost of investments	45,100				45,100
Gross unrealized appreciation	62,000				62,000
Gross unrealized depreciation	(4,300)				(4,300)
Net unrealized appreciation (depreciation)	57,700				57,700
Income tax provision (benefit)	$ (900)			$ 300	$ (600)	$ 400
Regular Dividends
Income Tax Contingency [Line Items]
Dividends declared (in usd per share)	$ 0.56	0.54	$ 0.53
Supplemental Dividends
Income Tax Contingency [Line Items]
Dividends declared (in usd per share)	$ 0.06	$ 0.05	$ 0.05

ORGANIZATION AND BASIS OF PRESENTATION (Details)	6 Months Ended
ORGANIZATION AND BASIS OF PRESENTATION (Details)	Sep. 30, 2023 USD ($)
Schedule of Investments [Line Items]
Qualifying assets	85.10%
Nonqualified assets	10.80%
LMM \| Minimum
Schedule of Investments [Line Items]
Target company, annual EBITDA	$ 3,000,000
Target investment	5,000,000
LMM \| Maximum
Schedule of Investments [Line Items]
Target company, annual EBITDA	20,000,000
Target investment	35,000,000
UMM \| Minimum
Schedule of Investments [Line Items]
Target company, annual EBITDA	20,000,000
Target investment	5,000,000
UMM \| Maximum
Schedule of Investments [Line Items]
Target investment	$ 20,000,000

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

INVESTMENTS

6 Months Ended

Sep. 30, 2023

Schedule of Investments [Abstract]

INVESTMENTS

The following table shows the composition of the investment portfolio, at fair value and cost (with corresponding percentage of total portfolio investments) as of September 30, 2023 and March 31, 2023:


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
September 30, 2023:
First lien loans1,2	$	1,141,280	84.3	%	173.5	%	$	1,154,172	84.8	%
Second lien loans2	37,034		2.7		5.7		43,071		3.2
Subordinated debt3	760		0.1		0.1		760		0.1
Preferred equity	66,440		4.9		10.1		48,026		3.5
Common equity & warrants	54,630		4.0		8.3		34,126		2.5
I-45 SLF LLC4	53,422		4.0		8.1		80,800		5.9
	$	1,353,566	100.0	%	205.8	%	$	1,360,955	100.0	%

March 31, 2023:
First lien loans1,2	$	1,000,984	83.0	%	169.5	%	$	1,018,595	83.5	%
Second lien loans2	35,820		3.0		6.1		44,038		3.6
Subordinated debt3	791		0.1		0.1		763		0.1
Preferred equity	63,393		5.2		10.7		43,634		3.6
Common equity & warrants	54,144		4.5		9.2		32,322		2.6
I-45 SLF LLC4	51,256		4.2		8.7		80,800		6.6
	$	1,206,388	100.0	%	204.3	%	$	1,220,152	100.0	%

1Included in first lien loans are loans structured as first lien last out loans. These loans may, in certain cases, be subordinated in payment priority to other senior secured lenders. As of September 30, 2023 and March 31, 2023, the fair value of the first lien last out loans are $33.4 million and $50.1 million, respectively.

2Included in first lien loans and second lien loans are loans structured as split lien term loans. These loans provide the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor. As of September 30, 2023 and March 31, 2023, the fair value of the split lien term loans included in first lien loans is $43.1 million and $45.0 million, respectively. As of September 30, 2023 and March 31, 2023, the fair value of the split lien term loans included in second lien loans is $21.2 million and $20.2 million, respectively.

3Included in subordinated debt are unsecured convertible notes with a fair value of $0.4 million as of both September 30, 2023 and March 31, 2023.

4I-45 SLF LLC is a joint venture between CSWC and Main Street Capital Corporation. This entity primarily invests in syndicated senior secured loans to the UMM. The portfolio companies held by I-45 SLF LLC represent a diverse set of industry classifications, which are similar to those in which CSWC invests directly.

The following tables show the composition of the investment portfolio by industry, at fair value and cost (with corresponding percentage of total portfolio investments) as of September 30, 2023 and March 31, 2023:


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
September 30, 2023:
Healthcare Services	$	176,397	13.0	%	26.8	%	$	185,577	13.6	%
Business Services	163,911		12.1		24.9		166,925		12.3
Media & Marketing	163,541		12.1		24.9		156,737		11.5
Consumer Products and Retail	100,561		7.4		15.3		99,780		7.3
Consumer Services	84,483		6.2		12.8		83,813		6.1
Healthcare Products	73,979		5.5		11.3		74,216		5.5
Food, Agriculture & Beverage	68,426		5.1		10.4		74,886		5.5
I-45 SLF LLC1	53,422		4.0		8.1		80,800		5.9
Financial Services	51,946		3.8		7.9		38,313		2.8
Technology Products & Components	50,543		3.7		7.7		43,065		3.2
Transportation & Logistics	50,386		3.7		7.7		41,696		3.1
Industrial Products	49,443		3.7		7.5		36,511		2.7
Software & IT Services	45,270		3.3		6.9		44,623		3.3
Environmental Services	42,618		3.2		6.5		51,350		3.8
Education	25,346		1.9		3.9		24,834		1.8
Industrial Services	23,327		1.7		3.5		22,843		1.7
Energy Services (Midstream)	22,837		1.7		3.5		22,895		1.7
Aerospace & Defense	21,960		1.6		3.3		21,760		1.6
Restaurants	15,680		1.2		2.4		15,651		1.1
Telecommunications	15,298		1.1		2.3		16,074		1.2
Distribution	15,217		1.1		2.3		18,648		1.4
Specialty Chemicals	15,168		1.1		2.3		14,934		1.1
Energy Services (Upstream)	14,631		1.1		2.2		14,385		1.0
Containers & Packaging	9,176		0.7		1.4		10,639		0.8
	$	1,353,566	100.0	%	205.8	%	$	1,360,955	100.0	%


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
March 31, 2023:
Media & Marketing	$	149,357	12.4	%	25.3	%	$	139,750	11.5	%
Business Services	146,727		12.2		24.9		147,056		12.1
Healthcare Services	126,971		10.5		21.5		143,455		11.8
Consumer Services	91,913		7.6		15.6		91,142		7.5
Consumer Products and Retail	86,385		7.2		14.6		86,607		7.1
Food, Agriculture & Beverage	68,833		5.7		11.7		73,223		6.0
Healthcare Products	66,355		5.5		11.2		67,555		5.5
Technology Products & Components	59,718		5.0		10.1		43,016		3.5
I-45 SLF LLC1	51,256		4.2		8.7		80,800		6.6
Transportation & Logistics	48,494		4.0		8.2		42,049		3.4
Software & IT Services	47,641		3.9		8.1		47,563		3.9
Financial Services	40,420		3.3		6.8		30,950		2.5
Industrial Products	32,518		2.7		5.5		25,827		2.1
Environmental Services	29,753		2.5		5.0		34,869		2.9
Education	26,357		2.2		4.5		25,995		2.1
Industrial Services	25,460		2.1		4.3		24,920		2.0
Energy Services (Midstream)	22,829		1.9		3.9		23,337		1.9
Specialty Chemicals	17,839		1.5		3.0		17,531		1.4
Energy Services (Upstream)	17,730		1.5		3.0		17,402		1.4
Telecommunications	17,386		1.4		2.9		21,796		1.9
Distribution	16,315		1.4		2.8		18,755		1.5
Containers & Packaging	10,131		0.8		1.7		10,656		0.9
Aerospace & Defense	6,000		0.5		1.0		5,898		0.5
	$	1,206,388	100.0	%	204.3	%	$	1,220,152	100.0	%

1I-45 SLF LLC is a joint venture between CSWC and Main Street Capital Corporation. This entity primarily invests in syndicated senior secured loans to the UMM. The portfolio companies in I-45 SLF LLC represent a diverse set of industry classifications, which are similar to those in which CSWC invests directly.

The following tables summarize the composition of the investment portfolio by geographic region of the United States, at fair value and cost (with corresponding percentage of total portfolio investments), as of September 30, 2023 and March 31, 2023:


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
September 30, 2023:
Northeast	$	337,330	24.9	%	51.3	%	$	316,934	23.3	%
West	264,461		19.6		40.2		265,904		19.6
Southwest	238,578		17.6		36.3		241,338		17.7
Southeast	235,606		17.4		35.8		231,478		17.0
Midwest	168,177		12.4		25.6		169,870		12.5
International	55,992		4.1		8.5		54,631		4.0
I-45 SLF LLC1	53,422		4.0		8.1		80,800		5.9
	$	1,353,566	100.0	%	205.8	%	$	1,360,955	100.0	%

March 31, 2023:
Northeast	$	269,569	22.3	%	45.7	%	$	255,995	21.0	%
Southeast	235,782		19.5		39.9		236,333		19.4
Southwest	234,127		19.4		39.6		231,467		19.0
West	233,079		19.3		39.5		232,109		19.0
Midwest	156,233		13.1		26.4		158,989		13.0
I-45 SLF LLC1	51,256		4.2		8.7		80,800		6.6
International	26,342		2.2		4.5		24,459		2.0
	$	1,206,388	100.0	%	204.3	%	$	1,220,152	100.0	%

1I-45 SLF LLC is a joint venture between CSWC and Main Street Capital Corporation. This entity primarily invests in syndicated senior secured loans to the UMM. The portfolio companies held by I-45 SLF LLC represent a diverse set of geographic regions, which are similar to those in which CSWC invests directly.

COMMITMENTS AND CONTINGENCIES - Unused Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023
Other Commitments [Line Items]
Total Unfunded Debt Commitments	$ 130,862	$ 124,637
Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	105,715	87,554
Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	25,147	37,083
Total Unfunded Equity Commitments
Other Commitments [Line Items]
Total Unfunded Debt Commitments	537	537
Investment, Identifier [Axis]: AAC New Holdco Inc., Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	166	199
Investment, Identifier [Axis]: ATS Operating, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,500	2,000
Investment, Identifier [Axis]: Acacia BuyerCo V LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	2,500
Investment, Identifier [Axis]: Acacia BuyerCo V LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	2,000
Investment, Identifier [Axis]: Acceleration, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	5,000
Investment, Identifier [Axis]: Acceleration, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,800	1,300
Investment, Identifier [Axis]: Air Conditioning Specialist, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	175	1,200
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd.,, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	154
Investment, Identifier [Axis]: ArborWorks, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	1,000
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	0
Investment, Identifier [Axis]: Catbird NYC, LLC, Other
Other Commitments [Line Items]
Total Unfunded Debt Commitments	125	125
Investment, Identifier [Axis]: Catbird NYC, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	4,000
Investment, Identifier [Axis]: Cavalier Buyer, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	2,000
Investment, Identifier [Axis]: Central Medical Supply LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,400	1,400
Investment, Identifier [Axis]: Central Medical Supply LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,200	1,200
Investment, Identifier [Axis]: CityVet, Inc., Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	5,000	0
Investment, Identifier [Axis]: Damotech Inc., Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	3,000	0
Investment, Identifier [Axis]: Damotech Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	3,000	0
Investment, Identifier [Axis]: Edge Autonomy Holdings, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	4,000	0
Investment, Identifier [Axis]: Exact Borrower, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	2,500
Investment, Identifier [Axis]: Exact Borrower, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	2,500
Investment, Identifier [Axis]: FM Sylvan, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	10,000	8,000
Investment, Identifier [Axis]: FS Vector LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	0
Investment, Identifier [Axis]: GPT Industries, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	3,000	3,000
Investment, Identifier [Axis]: Gains Intermediate, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	5,000	5,000
Investment, Identifier [Axis]: Gains Intermediate, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	2,500
Investment, Identifier [Axis]: GrammaTech, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	2,500
Investment, Identifier [Axis]: Gulf Pacific Acquisition, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,212	1,212
Investment, Identifier [Axis]: Gulf Pacific Acquisition, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,010	657
Investment, Identifier [Axis]: HH-Inspire Acquisition, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	199	0
Investment, Identifier [Axis]: ISI Enterprises, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	2,000
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,969	0
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	3,525	0
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	900	2,250
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Other
Other Commitments [Line Items]
Total Unfunded Debt Commitments	412	412
Investment, Identifier [Axis]: Institutes of Health, LLC., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,000	0
Investment, Identifier [Axis]: Island Pump and Tank, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,500	1,000
Investment, Identifier [Axis]: KMS, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	2,286
Investment, Identifier [Axis]: LKC Technologies, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	0
Investment, Identifier [Axis]: Lash OpCo, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	202	138
Investment, Identifier [Axis]: Lighting Retrofit International, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,083	2,083
Investment, Identifier [Axis]: Lightning Intermediate II, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,296	1,852
Investment, Identifier [Axis]: Mako Steel LP, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,509	943
Investment, Identifier [Axis]: Microbe Formulas LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,627	1,627
Investment, Identifier [Axis]: Muenster Milling Company, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	7,000	7,000
Investment, Identifier [Axis]: NWN Parent Holdings, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,800	480
Investment, Identifier [Axis]: New Skinny Mixes, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	3,000	3,000
Investment, Identifier [Axis]: New Skinny Mixes, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,250	4,000
Investment, Identifier [Axis]: NinjaTrader, Inc., Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	4,692
Investment, Identifier [Axis]: NinjaTrader, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	2,500
Investment, Identifier [Axis]: Opco Borrower, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	833	833
Investment, Identifier [Axis]: Outerbox, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	2,000
Investment, Identifier [Axis]: Pipeline Technique Ltd., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,944	2,833
Investment, Identifier [Axis]: RTIC Subsidiary Holdings LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	658	548
Investment, Identifier [Axis]: Roof OpCo, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	3,056	3,056
Investment, Identifier [Axis]: Roseland Management, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,700	1,425
Investment, Identifier [Axis]: SIB Holdings, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	23	0
Investment, Identifier [Axis]: Shearwater Research, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,446	2,446
Investment, Identifier [Axis]: South Coast Terminals LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,935	1,935
Investment, Identifier [Axis]: Spotlight AR, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,000	2,000
Investment, Identifier [Axis]: Swensons Drive-In Restaurants, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,500	0
Investment, Identifier [Axis]: Systec Corporation, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	400
Investment, Identifier [Axis]: Versicare Management LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	2,600
Investment, Identifier [Axis]: Versicare Management LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	2,500	2,500
Investment, Identifier [Axis]: Wall Street Prep, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	1,000	1,000
Investment, Identifier [Axis]: Well-Foam, Inc., Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	4,500	4,500
Investment, Identifier [Axis]: Winter Services Operations, LLC, Delayed Draw Term Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	0	4,444
Investment, Identifier [Axis]: Winter Services Operations, LLC, Revolving Loans
Other Commitments [Line Items]
Total Unfunded Debt Commitments	$ 4,444	$ 4,444

CONSOLIDATED SCHEDULE OF INVESTMENTS (Parenthetical Footnotes) - USD ($)
$ in Millions

Sep. 30, 2023

Mar. 31, 2023

Schedule of Investments [Line Items]

Percentage of Net Assets at Fair Value

205.80%

^[1],[2]

204.30%

Contribution percentage in non-qualified assets

14.90%

13.90%

Gross unrealized appreciation

$ 79.3

$ 72.3

Gross unrealized depreciation

75.3

76.8

Net unrealized appreciation (depreciation)

4.0

(4.5)

Cost of investments

$ 1,349.6

$ 1,210.8

Percent of total assets

95.50%

95.90%

SOFR | Minimum

Schedule of Investments [Line Items]

Variable rate adjustment

0.10%

SOFR | Maximum

Schedule of Investments [Line Items]

Variable rate adjustment

0.26161%

Non-control/Non-affiliate investments

Schedule of Investments [Line Items]

Percent of investment assets

83.70%

80.10%

Percentage of Net Assets at Fair Value

172.20%

^[3]

163.70%

Affiliate investments

Schedule of Investments [Line Items]

Percent of investment assets

12.40%

15.60%

Percentage of Net Assets at Fair Value

25.50%

^[4]

31.90%

Control investments

Schedule of Investments [Line Items]

Percent of investment assets

3.90%

4.20%

Percentage of Net Assets at Fair Value

8.10%

^[5]

8.70%

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	Non-Control/Non-Affiliate investments are generally defined by the 1940 Act, as investments that are neither control investments nor affiliate investments. At September 30, 2023, approximately 83.7% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 172.2%.
[4]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At September 30, 2023, approximately 12.4% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 25.5%.
[5]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At September 30, 2023, approximately 3.9% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.1%.

INVESTMENTS - Investment Portfolio, at Fair Value and Cost (Details) - USD ($)
$ in Thousands

6 Months Ended

12 Months Ended

Sep. 30, 2023

Mar. 31, 2023

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 1,353,566

^[1],[2],[3]

$ 1,206,388

^[4],[5],[6]

Percentage of Net Assets at Fair Value

205.80%

^[1],[2]

204.30%

Cost

$ 1,360,955

^{[1],[2],[7],[8]}

$ 1,220,152

^{[4],[5],[9],[10]}

Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

100.00%

Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

100.00%

Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

100.00%

Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

100.00%

Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

100.00%

Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

100.00%

First lien loans

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 1,141,280

$ 1,000,984

Percentage of Net Assets at Fair Value

173.50%

169.50%

Cost

$ 1,154,172

$ 1,018,595

First lien loans | Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

84.30%

83.00%

First lien loans | Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

84.80%

83.50%

Second lien loans

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 37,034

$ 35,820

Percentage of Net Assets at Fair Value

5.70%

6.10%

Cost

$ 43,071

$ 44,038

Second lien loans | Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

2.70%

3.00%

Second lien loans | Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.20%

3.60%

Subordinated debt

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 760

$ 791

Percentage of Net Assets at Fair Value

0.10%

Cost

$ 760

$ 763

Subordinated debt | Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

0.10%

Subordinated debt | Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

0.10%

Preferred equity

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 66,440

$ 63,393

Percentage of Net Assets at Fair Value

10.10%

10.70%

Cost

$ 48,026

$ 43,634

Preferred equity | Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.90%

5.20%

Preferred equity | Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.50%

3.60%

Common equity & warrants

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 54,630

$ 54,144

Percentage of Net Assets at Fair Value

8.30%

9.20%

Cost

$ 34,126

$ 32,322

Common equity & warrants | Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.00%

4.50%

Common equity & warrants | Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

2.50%

2.60%

I-45 SLF LLC

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 53,422

$ 51,256

Percentage of Net Assets at Fair Value

8.10%

8.70%

Cost

$ 80,800

I-45 SLF LLC | Percentage of Total Portfolio at Fair Value | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.00%

4.20%

I-45 SLF LLC | Percentage of Total Portfolio at Cost | Investment Type

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.90%

6.60%

Northeast

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 337,330

$ 269,569

Percentage of Net Assets at Fair Value

51.30%

45.70%

Cost

$ 316,934

$ 255,995

Northeast | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

24.90%

22.30%

Northeast | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

23.30%

21.00%

Southeast

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 235,606

$ 235,782

Percentage of Net Assets at Fair Value

35.80%

39.90%

Cost

$ 231,478

$ 236,333

Southeast | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

17.40%

19.50%

Southeast | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

17.00%

19.40%

Southwest

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 238,578

$ 234,127

Percentage of Net Assets at Fair Value

36.30%

39.60%

Cost

$ 241,338

$ 231,467

Southwest | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

17.60%

19.40%

Southwest | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

17.70%

19.00%

West

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 264,461

$ 233,079

Percentage of Net Assets at Fair Value

40.20%

39.50%

Cost

$ 265,904

$ 232,109

West | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

19.60%

19.30%

West | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

19.60%

19.00%

Midwest

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 168,177

$ 156,233

Percentage of Net Assets at Fair Value

25.60%

26.40%

Cost

$ 169,870

$ 158,989

Midwest | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

12.40%

13.10%

Midwest | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

12.50%

13.00%

I-45 SLF LLC

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 53,422

$ 51,256

Percentage of Net Assets at Fair Value

8.10%

8.70%

Cost

$ 80,800

I-45 SLF LLC | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.00%

4.20%

I-45 SLF LLC | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.90%

6.60%

International

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 55,992

$ 26,342

Percentage of Net Assets at Fair Value

8.50%

4.50%

Cost

$ 54,631

$ 24,459

International | Percentage of Total Portfolio at Fair Value | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.10%

2.20%

International | Percentage of Total Portfolio at Cost | Geographic

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.00%

2.00%

Business Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 163,911

$ 146,727

Percentage of Net Assets at Fair Value

24.90%

Cost

$ 166,925

$ 147,056

Business Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

12.10%

12.20%

Business Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

12.30%

12.10%

Media & Marketing

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 163,541

$ 149,357

Percentage of Net Assets at Fair Value

24.90%

25.30%

Cost

$ 156,737

$ 139,750

Media & Marketing | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

12.10%

12.40%

Media & Marketing | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

11.50%

Healthcare Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 176,397

$ 126,971

Percentage of Net Assets at Fair Value

26.80%

21.50%

Cost

$ 185,577

$ 143,455

Healthcare Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

13.00%

10.50%

Healthcare Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

13.60%

11.80%

Consumer Products and Retail

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 100,561

$ 86,385

Percentage of Net Assets at Fair Value

15.30%

14.60%

Cost

$ 99,780

$ 86,607

Consumer Products and Retail | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

7.40%

7.20%

Consumer Products and Retail | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

7.30%

7.10%

Consumer Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 84,483

$ 91,913

Percentage of Net Assets at Fair Value

12.80%

15.60%

Cost

$ 83,813

$ 91,142

Consumer Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

6.20%

7.60%

Consumer Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

6.10%

7.50%

Healthcare Products

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 73,979

$ 66,355

Percentage of Net Assets at Fair Value

11.30%

11.20%

Cost

$ 74,216

$ 67,555

Healthcare Products | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.50%

Healthcare Products | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.50%

Food, Agriculture & Beverage

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 68,426

$ 68,833

Percentage of Net Assets at Fair Value

10.40%

11.70%

Cost

$ 74,886

$ 73,223

Food, Agriculture & Beverage | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.10%

5.70%

Food, Agriculture & Beverage | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.50%

6.00%

Technology Products & Components

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 50,543

$ 59,718

Percentage of Net Assets at Fair Value

7.70%

10.10%

Cost

$ 43,065

$ 43,016

Technology Products & Components | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.70%

5.00%

Technology Products & Components | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.20%

3.50%

Software & IT Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 45,270

$ 47,641

Percentage of Net Assets at Fair Value

6.90%

8.10%

Cost

$ 44,623

$ 47,563

Software & IT Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.30%

3.90%

Software & IT Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.30%

3.90%

I-45 SLF LLC

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 53,422

$ 51,256

Percentage of Net Assets at Fair Value

8.10%

8.70%

Cost

$ 80,800

I-45 SLF LLC | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

4.00%

4.20%

I-45 SLF LLC | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

5.90%

6.60%

Transportation & Logistics

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 50,386

$ 48,494

Percentage of Net Assets at Fair Value

7.70%

8.20%

Cost

$ 41,696

$ 42,049

Transportation & Logistics | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.70%

4.00%

Transportation & Logistics | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.10%

3.40%

Financial Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 51,946

$ 40,420

Percentage of Net Assets at Fair Value

7.90%

6.80%

Cost

$ 38,313

$ 30,950

Financial Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.80%

3.30%

Financial Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

2.80%

2.50%

Industrial Products

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 49,443

$ 32,518

Percentage of Net Assets at Fair Value

7.50%

5.50%

Cost

$ 36,511

$ 25,827

Industrial Products | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.70%

2.70%

Industrial Products | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

2.70%

2.10%

Environmental Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 42,618

$ 29,753

Percentage of Net Assets at Fair Value

6.50%

5.00%

Cost

$ 51,350

$ 34,869

Environmental Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.20%

2.50%

Environmental Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

3.80%

2.90%

Education

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 25,346

$ 26,357

Percentage of Net Assets at Fair Value

3.90%

4.50%

Cost

$ 24,834

$ 25,995

Education | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.90%

2.20%

Education | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.80%

2.10%

Industrial Services

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 23,327

$ 25,460

Percentage of Net Assets at Fair Value

3.50%

4.30%

Cost

$ 22,843

$ 24,920

Industrial Services | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.70%

2.10%

Industrial Services | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.70%

2.00%

Energy Services (Midstream)

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 22,837

$ 22,829

Percentage of Net Assets at Fair Value

3.50%

3.90%

Cost

$ 22,895

$ 23,337

Energy Services (Midstream) | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.70%

1.90%

Energy Services (Midstream) | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.70%

1.90%

Aerospace & Defense

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 21,960

$ 6,000

Percentage of Net Assets at Fair Value

3.30%

1.00%

Cost

$ 21,760

$ 5,898

Aerospace & Defense | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.60%

0.50%

Aerospace & Defense | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.60%

0.50%

Restaurants

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 15,680

Percentage of Net Assets at Fair Value

2.40%

Cost

$ 15,651

Restaurants | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.20%

Restaurants | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.10%

Telecommunications

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 15,298

$ 17,386

Percentage of Net Assets at Fair Value

2.30%

2.90%

Cost

$ 16,074

$ 21,796

Telecommunications | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.10%

1.40%

Telecommunications | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.20%

1.90%

Distribution

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 15,217

$ 16,315

Percentage of Net Assets at Fair Value

2.30%

2.80%

Cost

$ 18,648

$ 18,755

Distribution | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.10%

1.40%

Distribution | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.40%

1.50%

Specialty Chemicals

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 15,168

$ 17,839

Percentage of Net Assets at Fair Value

2.30%

3.00%

Cost

$ 14,934

$ 17,531

Specialty Chemicals | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.10%

1.50%

Specialty Chemicals | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.10%

1.40%

Energy Services (Upstream)

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 14,631

$ 17,730

Percentage of Net Assets at Fair Value

2.20%

3.00%

Cost

$ 14,385

$ 17,402

Energy Services (Upstream) | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.10%

1.50%

Energy Services (Upstream) | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

1.00%

1.40%

Containers & Packaging

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 9,176

$ 10,131

Percentage of Net Assets at Fair Value

1.40%

1.70%

Cost

$ 10,639

$ 10,656

Containers & Packaging | Percentage of Total Portfolio at Fair Value | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

0.70%

0.80%

Containers & Packaging | Percentage of Total Portfolio at Cost | Industry

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Percentage of Total Portfolio

0.80%

0.90%

First lien last out loans

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 33,400

$ 50,100

Split lien term loans included in first lien loans

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

43,100

45,000

Split lien term loans included in second lien loans

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

21,200

20,200

Unsecured convertible Note

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value

$ 400

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[4]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[5]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[6]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.
[7]	As of September 30, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $79.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $75.3 million. Cumulative net unrealized appreciation was $4.0 million, based on a tax cost of $1,349.6 million.
[8]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[9]	As of March 31, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $72.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $76.8 million. Cumulative net unrealized depreciation was $4.5 million, based on a tax cost of $1,210.8 million.
[10]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities
Net increase in net assets from operations	$ 46,436	$ 11,968
Adjustments to reconcile net increase in net assets from operations to net cash used in operating activities:
Purchases and originations of investments	(206,011)	(216,823)
Proceeds from sales and repayments of debt investments in portfolio companies	54,791	84,873
Proceeds from sales and return of capital of equity investments in portfolio companies	3,402	1,749
Payment of accreted original issue discounts	525	1,273
Payment of accrued payment-in-kind interest	0	286
Depreciation and amortization	1,941	1,328
Net pension benefit	(33)	(62)
Realized loss (gain) on investments before income tax	12,236	6,333
Realized loss on extinguishment of debt	361	0
Net unrealized (appreciation) depreciation on investments before income tax	(6,376)	6,024
Accretion of discounts on investments	(2,620)	(1,811)
Payment-in-kind interest	(2,713)	(1,976)
Share-based compensation expense	2,199	1,881
Deferred income taxes	(1,758)	3,050
Changes in other assets and liabilities:
Increase in dividend and interest receivable	(6,083)	(2,642)
Decrease in escrow receivables	274	0
Decrease in tax receivable	32	756
(Increase) decrease in other receivables	(88)	1,345
Decrease in other assets	460	202
Increase (decrease) in taxes payable	307	(982)
(Decrease) increase in other liabilities	(1,699)	7,670
Net cash used in operating activities	(104,417)	(95,558)
Cash flows from investing activities
Acquisition of fixed assets	(2)	(156)
Net cash used in investing activities	(2)	(156)
Cash flows from financing activities
Proceeds from common stock offering	67,390	72,561
Borrowings under credit facility	165,000	95,000
Repayments of credit facility	(150,000)	(60,000)
Debt issuance costs paid	(7,400)	(523)
Proceeds from issuance of SBA Debentures	9,756	39,026
Proceeds from issuance of August 2028 Notes	69,719	0
Dividends to shareholders	(47,685)	(30,902)
Common stock withheld for payroll taxes upon vesting of restricted stock	(926)	(641)
Net cash provided by financing activities	105,854	114,521
Net increase in cash and cash equivalents	1,435	18,807
Cash and cash equivalents at beginning of period	21,585	11,431
Cash and cash equivalents at end of period	23,020	30,238
Supplemental cash flow disclosures:
Cash paid for income taxes	315	1,400
Cash paid for interest	$ 16,412	$ 7,964

OTHER EMPLOYEE COMPENSATION (Details) - USD ($)	3 Months Ended		6 Months Ended
OTHER EMPLOYEE COMPENSATION (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Retirement Benefits [Abstract]
Employer matching contribution (up to)			4.50%
Matching contributions cost	$ 34,500	$ 31,400	$ 100,000	$ 100,000

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Sep. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following is a summary of significant accounting policies followed in the preparation of the consolidated financial statements of CSWC. Fair Value Measurements We account for substantially all of our financial instruments at fair value in accordance with ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”). ASC 820 defines fair value, establishes a framework used to measure fair value and requires disclosures for fair value measurements, including the categorization of financial instruments into a three-level hierarchy based on the transparency of valuation inputs. ASC 820 requires disclosure of the fair value of financial instruments for which it is practical to estimate such value. We believe that the carrying amounts of our financial instruments such as cash, receivables and payables approximate the fair value of these items due to the short maturity of these instruments. This is considered a Level 1 valuation technique. The carrying value of our credit facility approximates fair value (Level 3 input). See Note 4 below for further discussion regarding the fair value measurements and hierarchy. Investments Investments are stated at fair value and are determined by the Valuation Committee as the Valuation Designee pursuant to Rule 2a-5 under the 1940 Act, subject to the oversight of our Board of Directors, as described in the Notes to the Consolidated Schedule of Investments and Notes 3 and 4 below. Investments are recorded on a trade date basis. Net Realized Gains or Losses and Net Unrealized Appreciation or Depreciation Realized gains or losses are measured by the difference between the net proceeds from the sale or redemption of an investment or a financial instrument and the cost basis of the investment or financial instrument, without regard to unrealized appreciation or depreciation previously recognized, and includes investments written-off during the period net of recoveries and realized gains or losses from in-kind redemptions. Net unrealized appreciation or depreciation reflects the net change in the fair value of the investment portfolio and financial instruments and the reclassification of any prior period unrealized appreciation or depreciation on exited investments and financial instruments to realized gains or losses. Cash and Cash Equivalents Cash and cash equivalents, which consist of cash and highly liquid investments with an original maturity of three months or less at the date of purchase, are carried at cost, which approximates fair value. Cash may be held in a money market fund from time to time, which is a Level 1 security. At September 30, 2023 and March 31, 2023, cash held in money market funds amounted to $7.1 million and $8.9 million, respectively. Cash and cash equivalents includes deposits at financial institutions. We deposit our cash balances in financial institutions and, at times, such balances may be in excess of the Federal Deposit Insurance Corporation (“FDIC”) insurance limits. At September 30, 2023 and March 31, 2023, cash balances totaling $21.7 million and $20.3 million, respectively, exceeded FDIC insurance limits, subjecting us to risk related to the uninsured balance. All of our cash deposits are held at large established high credit quality financial institutions and management believes that the risk of loss associated with any uninsured balances is remote. Segment Information We operate and manage our business in a singular segment. As an investment company, we invest in portfolio companies in various industries and geographic areas as discussed in Note 3. Consolidation As permitted under Regulation S-X and ASC 946, we generally do not consolidate our investment in a portfolio company other than an investment company subsidiary or a controlled operating company whose business consists of providing services to CSWC. Accordingly, we consolidate the results of the Taxable Subsidiary and SBIC I. All intercompany balances have been eliminated upon consolidation. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. We have identified investment valuation and revenue recognition as our most critical accounting estimates. Interest and Dividend Income Interest and dividend income is recorded on an accrual basis to the extent amounts are expected to be collected. Dividend income is recognized on the date dividends are declared by the portfolio company or at the point an obligation exists for the portfolio company to make a distribution. Discounts/premiums received to par on loans purchased are capitalized and accreted or amortized into income over the life of the loan using the effective interest method. In accordance with our valuation policy, accrued interest and dividend income is evaluated quarterly for collectability. When we do not expect the debtor to be able to service all of its debt or other obligations, we generally will establish a reserve against interest income receivable, thereby placing the loan or debt security on non-accrual status, and cease to recognize interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security’s status significantly improves regarding its ability to service debt or other obligations, it will be restored to accrual basis. As of September 30, 2023, investments on non-accrual status represented approximately 2.0% of our total investment portfolio's fair value and approximately 2.9% of its cost. As of March 31, 2023, investments on non-accrual status represented approximately 0.3% of our total investment portfolio's fair value and approximately 1.3% of its cost. To maintain RIC tax treatment, non-cash sources of income, such as accretion of interest income, may need to be paid out to shareholders in the form of distributions, even though CSWC may not have collected the interest income. For the three months ended September 30, 2023 and 2022, approximately 3.4% and 3.6%, respectively, of CSWC's total investment income was attributable to non-cash interest income for the accretion of discounts associated with debt investments, net of any premium reduction. For the six months ended September 30, 2023 and 2022, approximately 3.2% and 3.7%, respectively, of CSWC's total investment income was attributable to non-cash interest income for the accretion of discounts associated with debt investments, net of any premium reduction. Payment-in-Kind Interest The Company currently holds, and expects to hold in the future, some investments in its portfolio that contain PIK interest provisions. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan, rather than being paid to the Company in cash, and is recorded as interest income. Thus, the actual collection of PIK interest may be deferred until the time of debt principal repayment. PIK interest, which is a non-cash source of income, is included in the Company’s taxable income and therefore affects the amount the Company is required to distribute to shareholders to maintain its qualification as a RIC for U.S. federal income tax purposes, even though the Company has not yet collected the cash. Generally, when current cash interest and/or principal payments on a loan become past due, or if the Company otherwise does not expect the borrower to be able to service its debt and other obligations, the Company will place the investment on non-accrual status and will generally cease recognizing PIK interest income on that loan for financial reporting purposes until all principal and interest have been brought current through payment or due to a restructuring such that the interest income is deemed to be collectible. The Company writes off any accrued and uncollected PIK interest when it is determined that the PIK interest is no longer collectible. As of September 30, 2023 and 2022, we have not written off any accrued and uncollected PIK interest from prior periods. For the three and six months ended September 30, 2023, we had four investments for which we stopped accruing PIK interest. For the year ended March 31, 2023, we had three investments for which we stopped accruing PIK interest. For the three months ended September 30, 2023 and 2022, approximately 3.6% and 5.2%, respectively, of CSWC’s total investment income was attributable to non-cash PIK interest income. For the six months ended September 30, 2023 and 2022, approximately 3.8% and 4.2%, respectively, of CSWC’s total investment income was attributable to non-cash PIK interest income. Fee Income Fee income, generally collected in advance, includes fees for administration and valuation services rendered by the Company. These fees are typically charged annually and are amortized into income over the year. The Company recognizes nonrecurring fees, including prepayment penalties, waiver fees and amendment fees, as fee income when earned. In addition, the Company also may be entitled to an exit fee that is amortized into income over the life of the loan. Loan exit fees to be paid at the termination of the loan are accreted into fee income over the contractual life of the loan. Warrants In connection with the Company's debt investments, the Company may receive warrants or other equity-related securities from the borrower. The Company determines the cost basis of warrants based upon their respective fair values on the date of receipt in proportion to the total fair value of the debt and warrants received. Any resulting difference between the face amount of the debt and its recorded fair value resulting from the assignment of value to the warrants is treated as original issue discount (“OID”), and accreted into interest income using the effective interest method over the term of the debt investment. Debt Issuance Costs Debt issuance costs include commitment fees and other costs related to CSWC’s senior secured revolving credit facility, its unsecured notes (as discussed further in Note 5) and the debentures guaranteed by the SBA (the "SBA Debentures"). The costs in connection with the credit facility have been capitalized and are amortized into interest expense over the term of the credit facility. The costs in connection with the unsecured notes and the SBA Debentures are a direct deduction from the related debt liability and amortized into interest expense over the term of the January 2026 Notes (as defined below), the October 2026 Notes (as defined below), the August 2028 Notes (as defined below) and the SBA Debentures. Deferred Offering Costs Deferred offering costs include registration expenses related to our shelf registration statement and expenses related to the launch of the "at-the-market" program through which we can sell, from time to time, shares of our common stock (the "Equity ATM Program"). These expenses consist primarily of SEC registration fees, legal fees and accounting fees incurred related thereto. These expenses are included in other assets on the Consolidated Statements of Assets and Liabilities. Upon the completion of an equity offering or a debt offering, the deferred expenses are charged to additional paid-in capital or debt issuance costs, respectively. If there are any deferred offering costs remaining at the expiration of the shelf registration statement, these deferred costs are charged to expense. Realized Losses on Extinguishment of Debt Upon the repayment of debt obligations that are deemed to be extinguishments, the difference between the principal amount due at maturity adjusted for any unamortized debt issuance costs is recognized as a loss (i.e., the unamortized debt issuance costs and any "make-whole" premium payment (as discussed in Note 5)) are recognized as a loss upon extinguishment of the underlying debt obligation). Leases The Company is obligated under an operating lease pursuant to which it is leasing an office facility from a third party with a remaining term of approximately 9 years. The operating lease is included as an operating lease right-of-use ("ROU") asset and operating lease liability in the accompanying Consolidated Statements of Assets and Liabilities. The Company does not have any financing leases. The ROU asset represents the Company’s right to use an underlying asset for the lease term and the operating lease liability represents the Company’s obligation to make lease payments arising from such lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the remaining lease term. The Company’s lease does not provide an implicit discount rate, and as such the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of the remaining lease payments. Lease expense is recognized on a straight-line basis over the remaining lease term. Federal Income Taxes CSWC has elected, and intends to qualify annually, to be treated for U.S. federal income tax purposes as a RIC under Subsection M of the Code. By meeting these requirements, we will not be subject to U.S. federal income taxes at corporate rates on ordinary income or capital gains timely distributed to shareholders. In order to qualify as a RIC, the Company is required to timely distribute to its shareholders at least 90% of investment company taxable income, as defined by the Code, each year. Investment company taxable income generally differs from net income for financial reporting purposes due to temporary and permanent differences in the recognition of income and expenses. Investment company taxable income generally excludes net unrealized appreciation or depreciation, as investment gains and losses are not included in investment company taxable income until they are realized. Depending on the level of taxable income or capital gains earned in a tax year, we may choose to carry forward taxable income or capital gains in excess of current year distributions into the next year and pay a 4% U.S. federal excise tax on such income. Any such carryover taxable income or capital gains must be distributed through a dividend declared on or prior to the later of (1) the filing of the U.S. federal income tax return for the applicable fiscal year and (2) the fifteenth day of the ninth month following the close of the year in which such taxable income was generated. In lieu of distributing our net capital gains for a year, we may decide to retain some or all of our net capital gains. We will be required to pay a 21% corporate rate U.S. federal income tax on any such retained net capital gains. We may elect to treat such retained capital gain as a deemed distribution to shareholders. Under such circumstances, shareholders will be required to include their share of such retained capital gain in income, but will receive a credit for the amount of U.S. federal income tax paid at corporate rates with respect to their shares. As an investment company that qualifies as a RIC, federal income taxes payable on security gains that we elect to retain are accrued only on the last day of our tax year, December 31. Any net capital gains actually distributed to shareholders and properly reported by us as capital gain dividends are generally taxable to the shareholders as long-term capital gains. See Note 6 for further discussion. The Taxable Subsidiary, a wholly-owned subsidiary of CSWC, is not a RIC and is required to pay taxes at the corporate rate of 21%. For tax purposes, the Taxable Subsidiary has elected to be treated as a taxable entity, and therefore is not consolidated for tax purposes and is taxed at normal corporate tax rates based on taxable income and, as a result of its activities, may generate an income tax provision or benefit. The taxable income, or loss, of the Taxable Subsidiary may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax provision, or benefit, if any, and the related tax assets and liabilities, are reflected in our consolidated financial statements. Management evaluates tax positions taken or expected to be taken in the course of preparing the Company’s consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions with respect to tax at the CSWC level not deemed to meet the “more-likely-than-not” threshold would be recorded as an expense in the current year. Management’s conclusions regarding tax positions will be subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. The Company has concluded that it does not have any uncertain tax positions that meet the recognition of measurement criteria of ASC Topic 740, Income Taxes, ("ASC 740") for the current period. Also, we account for interest and, if applicable, penalties for any uncertain tax positions as a component of income tax provision. No interest or penalties expense was recorded during the three and six months ended September 30, 2023 and 2022. Deferred Taxes Deferred tax assets and liabilities are recorded for losses or income at the Taxable Subsidiary using statutory tax rates. A valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. ASC 740 requires the effects of changes in tax rates and laws on deferred tax balances to be recognized in the period in which the legislation was enacted. See Note 6 for further discussion. Stock-Based Compensation We account for our share-based compensation using the fair value method, as prescribed by ASC Topic 718, Compensation – Stock Compensation. Accordingly, we recognize share-based compensation cost on a straight-line basis for all share-based payments awards granted to employees. For restricted stock awards, we measure the fair value based upon the market price of our common stock on the date of the grant. For restricted stock awards, we amortize this fair value to share-based compensation expense over the vesting term. We recognize forfeitures as they occur. The unvested shares of restricted stock awarded pursuant to CSWC’s equity compensation plans are participating securities and are included in the basic and diluted earnings per share calculation. The right to grant restricted stock awards under the 2010 Plan terminated on July 18, 2021, ten years after the date that the 2010 Restricted Stock Award Plan (the “2010 Plan”) was approved by the Company’s shareholders pursuant to its terms. In connection with the termination of the 2010 Plan, the Board of Directors and shareholders approved the Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan (the "2021 Employee Plan"), which became effective on July 28, 2021, as part of the compensation package for its employees, the terms of which are, in all material respects, identical to the 2010 Plan. On July 19, 2021, we received an exemptive order that supersedes the prior exemptive order relating to the 2010 Plan (the “Order”) to permit the Company to (i) issue restricted stock as part of the compensation package for its employees in the 2021 Employee Plan, and (ii) withhold shares of the Company’s common stock or purchase shares of the Company’s common stock from the participants to satisfy tax withholding obligations relating to the vesting of restricted stock pursuant to the 2021 Employee Plan. In addition, the Board of Directors and shareholders approved the Capital Southwest Corporation 2021 Non-Employee Director Restricted Stock Plan (the "Non-Employee Director Plan"), which became effective on July 27, 2022, as part of the compensation package for non-employee directors of the Board of Directors. In connection therewith, on May 16, 2022, we received an exemptive order that supersedes the Order (the "Superseding Order") and covers both employees and non-employee directors of the Board of Directors. Shareholder Distributions Distributions to common shareholders are recorded on the ex-dividend date. The amount of distributions, if any, is determined by the Board of Directors each quarter and is generally based upon the earnings estimated by management. Net realized capital gains, if any, generally are distributed, although the Company may decide to retain such capital gains for investment. Presentation Presentation of certain amounts in the consolidated financial statements for the prior year comparative consolidated financial statements is updated to conform to the current period presentation. Recently Issued or Adopted Accounting Standards In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820) - Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions,” which was issued to (1) clarify the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security, (2) amend a related illustrative example, and (3) introduce new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The new guidance is effective for interim and annual periods beginning after December 15, 2023. The Company is currently evaluating the impact of the new standard on the Company's consolidated financial statements and related disclosures and does not believe it will have a material impact on its consolidated financial statements or its disclosure.

FAIR VALUE MEASUREMENTS

6 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

Investment Valuation Process

Beginning as of the fiscal quarter ended June 30, 2023, pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors has designated the Valuation Committee comprised of certain officers of the Company as the Valuation Designee to determine the fair value of the Company's investments that do not have readily available market quotations, subject to the oversight of the Board of Directors. The valuation process is led by the valuation team and the Valuation Committee in conjunction with the investment team. The process includes a quarterly review of each investment by our valuation team and the Valuation Committee. Valuations of each portfolio security are prepared quarterly by the valuation team using updated financial and other operational information collected from the investment team. In conjunction with the internal valuation process, the Valuation Committee also has engaged multiple independent consulting firms specializing in financial due diligence, valuation, and business advisory services to provide third-party valuation reviews and an independent range of values for selected investments, which is presented to the Valuation Committee.

CSWC also uses a standard internal investment rating system in connection with its investment oversight, portfolio management, and investment valuation procedures for its debt portfolio. This system takes into account both quantitative and qualitative factors of the portfolio company and the investments held therein.

There is no single standard for determining fair value in good faith, as fair value depends upon the specific circumstances of each individual investment. While management believes our valuation methodologies are appropriate and consistent with market participants, the recorded fair values of our investments may differ significantly from fair values that would have been used had an active market for the securities existed. In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the valuations currently assigned.

Fair Value Hierarchy

CSWC has established and documented processes for determining the fair values of portfolio company investments on a recurring basis in accordance with the 1940 Act and ASC 820. As required by ASC 820, when the inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement in its entirety. For example, a Level 3 fair value measurement may include inputs that are observable (Levels 1 and 2) and unobservable (Level 3). Therefore, unrealized appreciation and depreciation related to such investments categorized within the Level 3 tables below may include changes in fair value that are attributable to both observable inputs (Levels 1 and 2) and unobservable inputs (Level 3). CSWC conducts reviews of fair value hierarchy classifications on a quarterly basis. We also use judgment and consider factors specific to the investment in determining the significance of an input to a fair value measurement.

The three levels of valuation inputs established by ASC 820 are as follows:

•Level 1: Investments whose values are based on unadjusted quoted prices in active markets for identical assets or liabilities.

•Level 2: Investments whose values are based on quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

•Level 3: Investments whose values are based on unobservable inputs that are significant to the overall fair value measurement.

As of September 30, 2023 and March 31, 2023, 100% of the CSWC investment portfolio consisted of privately held debt and equity instruments for which inputs falling within the categories of Level 1 and Level 2 are generally not readily available. Therefore, the Valuation Committee determines the fair value of our investments (excluding investments for which fair value is measured at net asset value ("NAV") in good faith using Level 3 inputs, pursuant to CSWC's valuation policy and procedures subject to the oversight of the Board of Directors.

Investment Valuation Inputs

ASC 820 defines fair value in terms of the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date excluding transaction costs. Under ASC 820, the fair value measurement also assumes that the transaction to sell an asset occurs in the principal market for the asset or, in the absence of a principal market, the most advantageous market for the asset. The principal market is the market in which the reporting entity would sell or transfer the asset with the greatest volume and level of activity for the asset. In determining the principal market for an asset or liability under ASC 820, it is assumed that the reporting entity has access to the market as of the measurement date.

The Level 3 inputs to CSWC’s valuation process reflect our best estimate of the assumptions that would be used by market participants in pricing the investment in a transaction in the principal or most advantageous market for the asset.

The fair value determination of each portfolio investment categorized as Level 3 required one or more of the following unobservable inputs:

•financial information obtained from each portfolio company, including unaudited statements of operations and balance sheets for the most recent period available as compared to budgeted numbers;

•current and projected financial condition of the portfolio company;

•current and projected ability of the portfolio company to service its debt obligations;

•type and amount of collateral, if any, underlying the investment;

•current financial ratios (e.g., fixed charge coverage ratio, interest coverage ratio and net debt/EBITDA ratio) applicable to the investment;

•current liquidity of the investment and related financial ratios (e.g., current ratio and quick ratio);

•indicative dealer quotations from brokers, banks, and other market participants;

•market yields on other securities of similar risk;

•pending debt or capital restructuring of the portfolio company;

•projected operating results of the portfolio company;

•current information regarding any offers to purchase the investment;

•current ability of the portfolio company to raise any additional financing as needed;

•changes in the economic environment which may have a material impact on the operating results of the portfolio company;

•internal occurrences that may have an impact (both positive and negative) on the operating performance of the portfolio company;

•qualitative assessment of key management;

•contractual rights, obligations or restrictions associated with the investment; and

•other factors deemed relevant.

CSWC uses several different valuation approaches depending on the security type including the Market Approach, the Income Approach, the Enterprise Value Waterfall Approach, and the NAV Valuation Method.

Market Approach

Market Approach is a qualitative and quantitative analysis of the aforementioned unobservable inputs. It is a combination of the Enterprise Value Waterfall Approach and Income Approach as described in detail below. For investments recently originated (within a quarterly reporting period) or where the value has not departed significantly from its cost, we generally rely on our cost basis or recent transaction price to determine the fair value, unless a material event has occurred since origination.

Income Approach

In valuing debt securities, CSWC typically uses an Income Approach model, which considers some or all of the factors listed above. Under the Income Approach, CSWC develops an expectation of the yield that a hypothetical market participant would require when purchasing each debt investment (the “Required Market Yield”). The Required Market Yield is calculated in a two-step process. First, using quarterly market data we estimate the current market yield of similar debt securities. Next, based on the factors described above, we modify the current market yield for each security to produce a unique Required Market Yield for each of our investments. The resulting Required Market Yield is the significant Level 3 input to the Income Approach model. If, with respect to an investment, the unobservable inputs have not fluctuated significantly from the date the investment was made or have not fluctuated significantly from CSWC’s expectations on the date the investment was made, and there have been no significant fluctuations in the market pricing for such investments, we may conclude that the Required Market Yield for that investment is equal to the stated rate on the investment. In instances where CSWC determines that the Required Market Yield is different from the stated rate on the investment, we discount the contractual cash flows on the debt instrument using the Required Market Yield in order to estimate the fair value of the debt security.

In addition, under the Income Approach, CSWC also determines the appropriateness of the use of third-party broker quotes, if any, as a significant Level 3 input in determining fair value. In determining the appropriateness of the use of third-party broker quotes, CSWC evaluates the level of actual transactions used by the broker to develop the quote, whether the quote was an indicative price or binding offer, the depth and consistency of broker quotes, the source of the broker quotes, and the correlation of changes in broker quotes with underlying performance of the portfolio company and other market indices. To the extent sufficient observable inputs are available to determine fair value, CSWC may use third-party broker quotes or other independent pricing to determine the fair value of certain debt investments.

Fair value measurements using the Income Approach model can be sensitive to significant changes in one or more of the inputs. A significant increase (decrease) in the Required Market Yield for a particular debt security may result in a lower (higher) fair value for that security. A significant increase (decrease) in a third-party broker quote for a particular debt security may result in a higher (lower) value for that security.

Enterprise Value Waterfall Approach

In valuing equity securities (including warrants), CSWC estimates fair value using an Enterprise Value Waterfall valuation model. CSWC estimates the enterprise value of a portfolio company and then allocates the enterprise value to the portfolio company’s securities in order of their relative liquidation preference. In addition, CSWC assumes that any outstanding debt or other securities that are senior to CSWC’s equity securities are required to be repaid at par. Additionally, we may estimate the fair value of non-performing debt securities using the Enterprise Value Waterfall approach as needed.

To estimate the enterprise value of the portfolio company, CSWC uses a weighted valuation model based on public comparable companies, observable transactions and discounted cash flow analyses. A main input into the valuation model is a measure of the portfolio company’s financial performance, which generally is either earnings before interest, taxes, depreciation and amortization, as adjusted (“Adjusted EBITDA”) or revenues. In addition, we consider other factors, including, but not limited to: (1) offers from third parties to purchase the portfolio company; and (2) the implied value of recent investments in the equity securities of the portfolio company. For certain non-performing assets, we may utilize the liquidation or collateral value of the portfolio company's assets in our estimation of its enterprise value.

The significant Level 3 inputs to the Enterprise Value Waterfall model are (1) an appropriate multiple derived from the comparable public companies and transactions, (2) discount rate assumptions used in the discounted cash flow model and (3) a measure of the portfolio company’s financial performance, which generally is either Adjusted EBITDA or revenues. Inputs can be based on historical operating results, projections of future operating results or a combination thereof. The operating results of a portfolio company may be unaudited, projected or pro forma financial information and may require adjustments for certain non-recurring items. CSWC also may consult with the portfolio company’s senior management to obtain updates on the portfolio company’s performance, including information such as industry trends, new product development, loss of customers and other operational issues. Fair value measurements using the Enterprise Value Waterfall model can be sensitive to significant changes in one or more of the inputs. A significant increase (decrease) in either the multiple, Adjusted EBITDA or revenues for a particular equity security would result in a higher (lower) fair value for that security.

NAV Valuation Method

Under the NAV valuation method, for an investment in an investment fund that does not have a readily determinable fair value, CSWC measures the fair value of the investment predominately based on the NAV of the investment fund as of the measurement date. However, in determining the fair value of the investment, we may consider whether adjustments to the NAV are necessary in certain circumstances, based on the analysis of any restrictions on redemption of our investment as of the measurement date, recent actual sales or redemptions of interests in the investment fund, expected future cash flows available to equity holders, or other uncertainties surrounding CSWC’s ability to realize the full NAV of its interests in the investment fund.

The following fair value hierarchy tables set forth our investment portfolio by level as of September 30, 2023 and March 31, 2023 (in thousands):


			Fair Value Measurements
			at September 30, 2023 Using
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
First lien loans	$	1,141,280	$	—	$	—	$	1,141,280
Second lien loans	37,034		—		—		37,034
Subordinated debt	760		—		—		760
Preferred equity	66,440		—		—		66,440
Common equity & warrants	54,630		—		—		54,630
Investments measured at net asset value1	53,422		—		—		—
Total Investments	$	1,353,566	$	—	$	—	$	1,300,144



			Fair Value Measurements
			at March 31, 2023 Using
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
First lien loans	$	1,000,984	$	—	$	—	$	1,000,984
Second lien loans	35,820		—		—		35,820
Subordinated debt	791		—		—		791
Preferred equity	63,393		—		—		63,393
Common equity & warrants	54,144		—		—		54,144
Investments measured at net asset value1	51,256		—		—		—
Total Investments	$	1,206,388	$	—	$	—	$	1,155,132

1Certain investments that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in Consolidated Statements of Assets and Liabilities. For the investment valued at NAV per share at September 30, 2023 and March 31, 2023, the redemption restrictions dictate that we cannot withdraw our membership interest without unanimous approval. We are permitted to sell or transfer our membership interest and must deliver written notice of such transfer to the other member no later than 60 business days prior to the sale or transfer.

The tables below present the Valuation Techniques and Significant Level 3 Inputs (ranges and weighted averages) used in the valuation of CSWC’s debt and equity securities at September 30, 2023 and March 31, 2023. Significant Level 3 Inputs were weighted by the relative fair value of the investments. The tables are not intended to be all inclusive, but instead capture the significant unobservable inputs relevant to our determination of fair value.


		Fair Value at		Significant
	Valuation	September 30, 2023		Unobservable		Weighted
Type	Technique	(in thousands)		Inputs	Range	Average

First lien loans	Income Approach	$	1,086,345	Discount Rate	5.8% - 45.4%	13.6%
				Third Party Broker Quote	94.0 - 94.0	94.0
	Market Approach	54,935		Cost	98.0 - 98.5	98.1



Second lien loans	Income Approach	37,034		Discount Rate	13.2% - 31.4%	22.1%
				Third Party Broker Quote	52.5 - 52.5	52.5





Subordinated debt	Market Approach	202		Cost	100.0 - 100.0	100.0
	Enterprise Value Waterfall Approach	558		EBITDA Multiple	6.0x - 7.7x	6.5x
				Discount Rate	14.8% - 25.3%	18.1%
Preferred equity	Enterprise Value Waterfall Approach	64,440		EBITDA Multiple	4.8x - 15.9x	9.9x
				Discount Rate	12.7% - 30.9%	19.0%
	Market Approach	2,000		Cost	100.0 - 100.0	100.0
Common equity & warrants	Enterprise Value Waterfall Approach	54,630		EBITDA Multiple	5.2x - 17.3x	9.1x
				Discount Rate	12.0% - 26.8%	16.6%


Total Level 3 Investments		$	1,300,144


		Fair Value at		Significant
	Valuation	March 31, 2023		Unobservable		Weighted
Type	Technique	(in thousands)		Inputs	Range	Average

First lien loans	Income Approach	$	953,918	Discount Rate	6.9% - 26.2%	13.0%
				Third Party Broker Quote	5.1 - 96.5	93.9
	Market Approach	41,923		Cost	94.1 - 98.1	97.9

	Enterprise Value Waterfall Approach	5,143		EBITDA Multiple	9.4x - 9.4x	9.4x
				Discount Rate	27.2% - 27.2%	27.2%
Second lien loans	Income Approach	32,226		Discount Rate	18.3% - 34.3%	25.1%
				Third Party Broker Quote	61.3 - 61.3	61.3
	Enterprise Value Waterfall Approach	3,594		EBITDA Multiple	9.4x - 9.4x	9.4x
				Discount Rate	27.2% - 27.2%	27.2%

Subordinated debt	Market Approach	205		Cost	100.0 - 100.0	100.0
	Enterprise Value Waterfall Approach	586		EBITDA Multiple	6.0x - 7.7x	6.6x
				Discount Rate	20.2% - 25.0%	21.8%
Preferred equity	Enterprise Value Waterfall Approach	59,518		EBITDA Multiple	4.7x - 16.7x	9.8x
				Discount Rate	11.7% - 30.8%	17.1%
	Market Approach	3,875		Cost	100.0 - 100.0	100.0
Common equity & warrants	Enterprise Value Waterfall Approach	53,064		EBITDA Multiple	5.5x - 18.6x	9.5x
				Discount Rate	11.4% - 36.6%	18.2%
	Market Approach	1,080		Exit Value	100.0 - 100.0	100.0

Total Level 3 Investments		$	1,155,132

Changes in Fair Value Levels

We monitor the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model based valuation techniques may require the transfer of financial instruments from one fair value level to another. During the three and six months ended September 30, 2023 and 2022, we had no transfers between levels.

The following tables provide a summary of changes in the fair value of investments measured using Level 3 inputs during the six months ended September 30, 2023 and 2022 (in thousands):


	Fair Value March 31, 2023		Realized & Unrealized Gains (Losses)		Purchases of Investments1		Repayments		PIK Interest Capitalized		Divestitures		Conversion/Exchange of Security2		Fair Value September 30, 2023		YTD Unrealized Appreciation (Depreciation) on Investments held at period end
First lien loans	$	1,000,984	$	(5,395)	$	200,986	$	(40,307)	$	2,678	$	(13,875)	$	(3,791)	$	1,141,280	$	(5,740)
Second lien loans	35,820		2,184		126		(1,114)		18		—		—		37,034		2,181
Subordinated debt	791		(28)		—		(20)		17		—		—		760		(28)
Preferred equity	63,393		(1,345)		4,392		—		—		—		—		66,440		(1,345)
Common equity & warrants	54,144		(3,030)		3,127		—		—		(3,402)		3,791		54,630		(3,217)
Total Investments	$	1,155,132	$	(7,614)	$	208,631	$	(41,441)	$	2,713	$	(17,277)	$	—	$	1,300,144	$	(8,149)

	Fair Value March 31, 2022		Realized & Unrealized Gains (Losses)		Purchases of Investments1		Repayments		PIK Interest Capitalized		Divestitures		Conversion/Exchange of Security		Fair Value September 30, 2022		YTD Unrealized Appreciation (Depreciation) on Investments held at period end
First lien loans	$	739,872	$	(8,608)	$	211,433	$	(85,598)	$	1,694	$	—	$	(6,238)	$	852,555	$	(10,824)
Second lien loans	52,645		(4,461)		2,862		(142)		225		(692)		—		50,437		(2,945)
Subordinated debt	1,317		(915)		—		—		57		—		—		459		(914)
Preferred equity	44,663		(990)		2,859		—		—		—		6,238		52,770		(991)
Common equity & warrants	40,514		9,568		1,480		—		—		(1,749)		—		49,813		9,576
Total Investments	$	879,011	$	(5,406)	$	218,634	$	(85,740)	$	1,976	$	(2,441)	$	—	$	1,006,034	$	(6,098)

1Includes purchases of new investments, as well as discount accretion on existing investments.

2Represents the allocation of cost basis from first lien debt to warrants.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (Parenthetical) - USD ($)
$ in Thousands

Sep. 30, 2023

Mar. 31, 2023

Cost

$ 1,360,955

^{[1],[2],[3],[4]}

$ 1,220,152

^{[5],[6],[7],[8]}

Accumulated amortization

$ 6,707

$ 5,642

Common stock, par value (in usd per share)

$ 0.25

Common stock, shares authorized (in shares)

40,000,000

Common stock, shares issued (in shares)

39,951,118

38,415,937

Treasury stock, cost (in share)

2,339,512

Common stock, shares outstanding (in shares)

39,951,118

36,076,425

SBA Debentures

Par value

$ 130,000

$ 120,000

140,000

150,000

71,875

Non-control/Non-affiliate investments

Cost

1,117,439

^[2],[4],[9]

947,829

^[6],[8],[10]

Affiliate investments

Cost

162,716

^[2],[4],[11]

191,523

^[6],[8]

Control investments

Cost

$ 80,800

^[2],[4],[12]

$ 80,800

^[6],[8],[13]

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	As of September 30, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $79.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $75.3 million. Cumulative net unrealized appreciation was $4.0 million, based on a tax cost of $1,349.6 million.
[3]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[4]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[5]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[6]	As of March 31, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $72.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $76.8 million. Cumulative net unrealized depreciation was $4.5 million, based on a tax cost of $1,210.8 million.
[7]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[8]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[9]	Non-Control/Non-Affiliate investments are generally defined by the 1940 Act, as investments that are neither control investments nor affiliate investments. At September 30, 2023, approximately 83.7% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 172.2%.
[10]	Non-Control/Non-Affiliate investments are generally defined by the Investment Company Act of 1940, as amended (the “1940 Act”), as investments that are neither control investments nor affiliate investments. At March 31, 2023, approximately 80.1% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 163.7%.
[11]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At September 30, 2023, approximately 12.4% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 25.5%.
[12]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At September 30, 2023, approximately 3.9% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.1%.
[13]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At March 31, 2023, approximately 4.2% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.7%.

BORROWINGS (Tables)

6 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Borrowings Outstanding

The Company had the following borrowings outstanding as of September 30, 2023 and March 31, 2023 (amounts in thousands):


	Outstanding Balance		Unamortized Debt Issuance Costs and Debt Discount/Premium(1)		Recorded Value
September 30, 2023
SBA Debentures	$	130,000	$	(3,624)	$	126,376
Credit Facility	250,000		—		250,000
January 2026 Notes	140,000		(780)		139,220
October 2026 Notes	150,000		(2,367)		147,633
August 2028 Notes	71,875		(2,437)		69,438
	$	741,875	$	(9,208)	$	732,667

March 31, 2023
SBA Debentures	$	120,000	$	(3,670)	$	116,330
Credit Facility	235,000		—		235,000
January 2026 Notes	140,000		(949)		139,051
October 2026 Notes	150,000		(2,737)		147,263
	$	645,000	$	(7,356)	$	637,644

(1)The unamortized debt issuance costs for the Credit Facility are reflected as Debt issuance costs on the Consolidated Statements of Assets and Liabilities.

Schedule of Issued and Outstanding SBA Debentures

As of September 30, 2023, the Company's issued and outstanding SBA Debentures mature as follows (amounts in thousands):


Pooling Date (1)	Maturity Date	Fixed Interest Rate	September 30, 2023
9/22/2021	9/1/2031	1.575%	$	15,000
3/23/2022	3/1/2032	3.209%	25,000
9/21/2022	9/1/2032	4.435%	40,000
3/22/2023	3/1/2033	5.215%	40,000
9/20/2023	9/1/2033	5.735%	10,000
			$	130,000

(1)The SBA has two scheduled pooling dates for SBA Debentures (in March and in September). Certain SBA Debentures funded during the reporting periods may not be pooled until the subsequent pooling date.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

STOCK BASED COMPENSATION PLANS (Tables)

6 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Outstanding

The following table summarizes the restricted stock outstanding under the 2010 Plan and the 2021 Employee Plan as of September 30, 2023:


		Weighted Average		Weighted Average
		Fair Value Per		Remaining Vesting
Restricted Stock Awards	Number of Shares	Share at grant date		Term (in Years)




Unvested at March 31, 2023	432,711	$	21.61	2.4
Granted	284,407	19.86		—
Vested	(139,386)	20.91		—
Forfeited	(1,791)	23.91		—
Unvested at September 30, 2023	575,941	$	20.91	2.8

The following table summarizes the restricted stock outstanding under the Non-Employee Director Plan as of September 30, 2023:


		Weighted Average		Weighted Average
		Fair Value Per		Remaining Vesting
Restricted Stock Awards	Number of Shares	Share at grant date		Term (in Years)
Unvested at March 31, 2023	12,105	$	20.66	0.4
Granted	11,200	—		—
Vested	(12,105)	—		—
Forfeited	—	—		—
Unvested at September 30, 2023	11,200	$	22.33	0.9

CONSOLIDATED SCHEDULE OF INVESTMENTS - USD ($)
$ in Thousands

Sep. 30, 2023

Mar. 31, 2023

Schedule of Investments [Line Items]

Cost

$ 1,360,955

^{[1],[2],[3],[4]}

$ 1,220,152

^{[5],[6],[7],[8]}

Fair Value

1,353,566

^[1],[3],[9]

1,206,388

^[5],[7],[10]

Non-control/Non-affiliate investments

Schedule of Investments [Line Items]

Cost

1,117,439

^[2],[4],[11]

947,829

^[6],[8],[12]

Fair Value

1,132,316

^[9],[11]

966,627

^[10],[12]

Affiliate investments

Schedule of Investments [Line Items]

Principal

139,059

Cost

162,716

^[2],[4],[13]

191,523

^[6],[8]

Fair Value

167,828

^[9],[13]

188,505

^[10]

Control investments

Schedule of Investments [Line Items]

Principal

Cost

80,800

^[2],[4],[14]

80,800

^[6],[8],[15]

Fair Value

53,422

^[9],[14]

51,256

^[10],[15]

360 QUOTE TOPCO, LLC

Schedule of Investments [Line Items]

Cost

25,413

^[2],[4]

27,883

^[6],[8]

Fair Value

21,854

^[9]

26,131

^[10]

AAC NEW HOLDCO INC.

Schedule of Investments [Line Items]

Cost

15,479

^[2],[4]

14,452

^[6],[8]

Fair Value

12,406

^[9]

11,703

^[10]

ACACIA BUYERCO V LLC

Schedule of Investments [Line Items]

Cost

13,222

^[2],[4]

13,200

^[6],[8]

Fair Value

13,500

^[9]

13,300

^[10]

ACCELERATION, LLC

Schedule of Investments [Line Items]

Cost

30,164

^[2],[4]

31,773

^[6],[8]

Fair Value

31,121

^[9]

33,031

^[10]

ACCELERATION PARTNERS, LLC

Schedule of Investments [Line Items]

Cost

20,254

^[2],[4]

20,195

^[6],[8]

Fair Value

20,202

^[9]

20,773

^[10]

ALLIANCE SPORTS GROUP, L.P.

Schedule of Investments [Line Items]

Cost

2,673

^[2],[4]

2,673

^[6],[8]

Fair Value

1,129

^[9]

2,892

^[10]

AMERICAN NUTS OPERATIONS LLC

Schedule of Investments [Line Items]

Cost

26,522

^[2],[4]

26,334

^[6],[8]

Fair Value

18,898

^[9]

20,936

^[10]

AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.)

Schedule of Investments [Line Items]

Cost

^[6],[8]

5,711

Fair Value

^[10]

295

ARBORWORKS, LLC

Schedule of Investments [Line Items]

Cost

15,326

^[2],[4]

14,473

^[6],[8]

Fair Value

6,603

^[9]

10,972

^[10]

ATS OPERATING, LLC

Schedule of Investments [Line Items]

Cost

20,207

^[2],[4]

19,668

^[6],[8]

Fair Value

20,408

^[9]

19,696

^[10]

BOND BRAND LOYALTY ULC

Schedule of Investments [Line Items]

Cost

^[2],[4],[16]

18,626

Fair Value

^[9],[16]

18,658

BROAD SKY NETWORKS LLC

Schedule of Investments [Line Items]

Cost

1,221

^[2],[4]

1,221

^[6],[8]

Fair Value

1,400

^[9]

1,779

^[10]

C&M CONVEYOR, INC.

Schedule of Investments [Line Items]

Cost

12,783

^[2],[4]

12,754

^[6],[8]

Fair Value

13,000

^[9]

12,754

^[10]

CADMIUM, LLC

Schedule of Investments [Line Items]

Cost

7,945

^[2],[4]

7,937

^[6],[8]

Fair Value

7,920

^[9]

7,728

^[10]

CAVALIER BUYER, INC.

Schedule of Investments [Line Items]

Cost

7,037

^[2],[4]

6,978

^[6],[8]

Fair Value

7,161

^[9]

6,997

^[10]

CITYVET, INC.

Schedule of Investments [Line Items]

Cost

^[2],[4]

14,654

Fair Value

^[9]

14,703

DAMOTECH INC

Schedule of Investments [Line Items]

Cost

^[2],[4],[16]

10,917

Fair Value

^[9],[16]

11,006

EDGE AUTONOMY HOLDINGS, LLC

Schedule of Investments [Line Items]

Cost

^[2],[4]

21,760

Fair Value

^[9]

21,960

EXACT BORROWER, LLC

Schedule of Investments [Line Items]

Cost

20,490

^[2],[4]

19,472

^[6],[8]

Fair Value

21,211

^[9]

19,697

^[10]

FLIP ELECTRONICS, LLC

Schedule of Investments [Line Items]

Cost

36,099

^[2],[4]

35,991

^[6],[8]

Fair Value

43,557

^[9]

52,341

^[10]

FM SYLVAN, INC.

Schedule of Investments [Line Items]

Cost

11,517

^[2],[4]

13,553

^[6],[8]

Fair Value

11,888

^[9]

13,963

^[10]

FOOD PHARMA SUBSIDIARY HOLDINGS, LLC

Schedule of Investments [Line Items]

Cost

7,669

^[2],[4]

7,658

^[6],[8]

Fair Value

7,941

^[9]

7,941

^[10]

FS VECTOR LLC

Schedule of Investments [Line Items]

Cost

^[2],[4]

18,626

Fair Value

^[9]

18,694

GAINS INTERMEDIATE, LLC

Schedule of Investments [Line Items]

Cost

14,537

^[2],[4]

14,504

^[6],[8]

Fair Value

15,000

^[9]

14,716

^[10]

GUARDIAN FLEET SERVICES, INC.

Schedule of Investments [Line Items]

Cost

5,986

^[2],[4]

5,956

^[6],[8]

Fair Value

6,502

^[9]

5,956

^[10]

GULF PACIFIC ACQUISITION, LLC

Schedule of Investments [Line Items]

Cost

3,830

^[2],[4]

4,195

^[6],[8]

Fair Value

3,851

^[9]

4,217

^[10]

HEAT TRAK, LLC

Schedule of Investments [Line Items]

Cost

^[2],[4]

11,321

Fair Value

^[9]

12,374

HH-INSPIRE ACQUISITION, INC.

Schedule of Investments [Line Items]

Cost

^[2],[4]

8,710

Fair Value

^[9]

8,708

INFOLINKS MEDIA BUYCO, LLC

Schedule of Investments [Line Items]

Cost

9,421

^[2],[4]

8,109

^[6],[8]

Fair Value

10,082

^[9]

8,597

^[10]

ISI ENTERPRISES, LLC

Schedule of Investments [Line Items]

Cost

6,078

^[2],[4]

5,898

^[6],[8]

Fair Value

6,575

^[9]

6,000

^[10]

ISLAND PUMP AND TANK, LLC

Schedule of Investments [Line Items]

Cost

25,699

^[2],[4]

10,044

^[6],[8]

Fair Value

26,120

^[9]

10,044

^[10]

KMS, INC.

Schedule of Investments [Line Items]

Cost

^[6],[8]

17,855

Fair Value

^[10]

16,315

LASH OPCO, LLC

Schedule of Investments [Line Items]

Cost

10,892

^[2],[4]

10,651

^[6],[8]

Fair Value

10,745

^[9]

10,440

^[10]

LGM PHARMA, LLC

Schedule of Investments [Line Items]

Cost

15,713

^[2],[4]

15,640

^[6],[8]

Fair Value

16,363

^[9]

15,783

^[10]

LIGHTNING INTERMEDIATE II, LLC

Schedule of Investments [Line Items]

Cost

23,199

^[2],[4]

22,887

^[6],[8]

Fair Value

22,094

^[9]

22,721

^[10]

LKC TECHNOLOGIES, INC.

Schedule of Investments [Line Items]

Cost

^[2],[4]

7,339

Fair Value

^[9]

7,694

MAKO STEEL LP

Schedule of Investments [Line Items]

Cost

8,102

^[2],[4]

8,699

^[6],[8]

Fair Value

8,205

^[9]

8,778

^[10]

MERCURY ACQUISITION 2021, LLC

Schedule of Investments [Line Items]

Cost

14,853

^[2],[4]

14,865

^[6],[8]

Fair Value

13,899

^[9]

15,312

^[10]

MICROBE FORMULAS LLC

Schedule of Investments [Line Items]

Cost

10,387

^[2],[4]

11,394

^[6],[8]

Fair Value

10,578

^[9]

11,505

^[10]

MUENSTER MILLING COMPANY, LLC

Schedule of Investments [Line Items]

Cost

22,438

^[2],[4]

22,390

^[6],[8]

Fair Value

22,985

^[9]

22,985

^[10]

NATIONAL CREDIT CARE, LLC

Schedule of Investments [Line Items]

Cost

21,163

^[2],[4]

21,127

^[6],[8]

Fair Value

20,654

^[9]

21,100

^[10]

NEUROPSYCHIATRIC HOSPITALS, LLC

Schedule of Investments [Line Items]

Cost

24,713

^[2],[4]

22,185

^[6],[8]

Fair Value

25,057

^[9]

20,737

^[10]

NEW SKINNY MIXES, LLC

Schedule of Investments [Line Items]

Cost

14,427

^[2],[4]

12,646

^[6],[8]

Fair Value

14,750

^[9]

12,753

^[10]

NINJATRADER, INC.

Schedule of Investments [Line Items]

Cost

23,671

^[2],[4]

24,833

^[6],[8]

Fair Value

37,299

^[9]

34,288

^[10]

NWN PARENT HOLDINGS, LLC

Schedule of Investments [Line Items]

Cost

12,439

^[2],[4]

13,516

^[6],[8]

Fair Value

12,604

^[9]

13,516

^[10]

OPCO BORROWER, LLC

Schedule of Investments [Line Items]

Cost

11,565

^[2],[4]

11,925

^[6],[8]

Fair Value

12,219

^[9]

12,451

^[10]

PIPELINE TECHNIQUE LTD.

Schedule of Investments [Line Items]

Cost

10,682

^[2],[4],[16]

10,015

^[6],[8]

Fair Value

10,715

^[9],[16]

10,055

^[10]

ROOF OPCO, LLC

Schedule of Investments [Line Items]

Cost

27,046

^[2],[4]

21,975

^[6],[8]

Fair Value

26,499

^[9]

21,821

^[10]

RTIC SUBSIDIARY HOLDINGS, LLC

Schedule of Investments [Line Items]

Cost

6,659

^[2],[4]

6,936

^[6],[8]

Fair Value

6,425

^[9]

6,079

^[10]

SCRIP INC.

Schedule of Investments [Line Items]

Cost

17,577

^[2],[4]

17,634

^[6],[8]

Fair Value

17,251

^[9]

16,345

^[10]

SHEARWATER RESEARCH, INC.9

Schedule of Investments [Line Items]

Cost

^[16]

14,406

^[2],[4]

14,443

^[6],[8]

Fair Value

^[16]

15,613

^[9]

16,286

^[10]

SIB HOLDINGS, LLC

Schedule of Investments [Line Items]

Cost

12,462

^[2],[4]

12,429

^[6],[8]

Fair Value

12,187

^[9]

12,132

^[10]

SOUTH COAST TERMINALS, LLC

Schedule of Investments [Line Items]

Cost

14,934

^[2],[4]

17,532

^[6],[8]

Fair Value

15,168

^[9]

17,839

^[10]

SPECTRUM OF HOPE, LLC

Schedule of Investments [Line Items]

Cost

23,067

^[2],[4]

23,020

^[6],[8]

Fair Value

22,688

^[9]

22,934

^[10]

SPOTLIGHT AR, LLC

Schedule of Investments [Line Items]

Cost

7,710

^[2],[4]

8,092

^[6],[8]

Fair Value

8,047

^[9]

8,453

^[10]

SWENSONS DRIVE-IN RESTAURANTS, LLC

Schedule of Investments [Line Items]

Cost

^[2],[4]

15,650

Fair Value

^[9]

15,680

SYSTEC CORPORATION

Schedule of Investments [Line Items]

Cost

11,866

^[2],[4]

10,462

^[6],[8]

Fair Value

11,964

^[9]

10,600

^[10]

THE PRODUCTO GROUP, LLC

Schedule of Investments [Line Items]

Cost

18,684

^[2],[4]

18,855

^[6],[8]

Fair Value

30,894

^[9]

25,488

^[10]

TRAFERA, LLC (FKA TRINITY 3, LLC)

Schedule of Investments [Line Items]

Cost

6,966

^[2],[4]

7,024

^[6],[8]

Fair Value

6,987

^[9]

7,376

^[10]

US COURTSCRIPT HOLDINGS, INC.

Schedule of Investments [Line Items]

Cost

16,988

^[2],[4]

17,963

^[6],[8]

Fair Value

17,395

^[9]

18,707

^[10]

VERSICARE MANAGEMENT LLC

Schedule of Investments [Line Items]

Cost

23,887

^[2],[4]

15,544

^[6],[8]

Fair Value

24,400

^[9]

15,614

^[10]

WALL STREET PREP, INC.

Schedule of Investments [Line Items]

Cost

10,249

^[2],[4]

11,423

^[6],[8]

Fair Value

10,781

^[9]

11,793

^[10]

WELL-FOAM, INC.

Schedule of Investments [Line Items]

Cost

14,385

^[2],[4]

17,402

^[6],[8]

Fair Value

14,631

^[9]

17,730

^[10]

WINTER SERVICES OPERATIONS, LLC

Schedule of Investments [Line Items]

Cost

22,354

^[2],[4]

19,596

^[6],[8]

Fair Value

22,552

^[9]

20,000

^[10]

ZENFOLIO INC.

Schedule of Investments [Line Items]

Cost

20,713

^[2],[4]

20,756

^[6],[8]

Fair Value

20,422

^[9]

20,432

^[10]

ZIPS CAR WASH, LLC

Schedule of Investments [Line Items]

Cost

19,411

^[2],[4]

19,525

^[6],[8]

Fair Value

19,566

^[9]

19,553

^[10]

AIR CONDITIONING SPECIALIST, INC.

Schedule of Investments [Line Items]

Cost

16,193

^[2],[4]

28,515

^[6],[8]

Fair Value

17,763

^[9]

29,440

^[10]

CATBIRD NYC, LLC

Schedule of Investments [Line Items]

Cost

18,046

^[2],[4]

16,708

^[6],[8]

Fair Value

19,172

^[9]

17,872

^[10]

CENTRAL MEDICAL SUPPLY LLC

Schedule of Investments [Line Items]

Cost

8,927

^[2],[4]

8,777

^[6],[8]

Fair Value

8,753

^[9]

8,154

^[10]

DELPHI BEHAVIORAL HEALTH GROUP, LLC

Schedule of Investments [Line Items]

Cost

^[6],[8]

8,541

Fair Value

^[10]

DYNAMIC COMMUNITIES, LLC

Schedule of Investments [Line Items]

Cost

10,567

^[2],[4]

10,138

^[6],[8]

Fair Value

10,933

^[9]

10,509

^[10]

GPT INDUSTRIES, LLC

Schedule of Investments [Line Items]

Cost

6,910

^[2],[4]

6,972

^[6],[8]

Fair Value

7,542

^[9]

7,030

^[10]

GRAMMATECH, INC.

Schedule of Investments [Line Items]

Cost

3,342

^[2],[4]

11,313

^[6],[8]

Fair Value

2,000

^[9]

10,403

^[10]

ITA HOLDINGS GROUP, LLC

Schedule of Investments [Line Items]

Cost

27,432

^[2],[4]

27,595

^[6],[8]

Fair Value

36,050

^[9]

33,973

^[10]

LIGHTING RETROFIT INTERNATIONAL, LLC

Schedule of Investments [Line Items]

Cost

10,325

^[2],[4]

10,351

^[6],[8]

Fair Value

9,896

^[9]

8,737

^[10]

OUTERBOX, LLC

Schedule of Investments [Line Items]

Cost

15,057

^[2],[4]

15,034

^[6],[8]

Fair Value

15,398

^[9]

15,325

^[10]

ROSELAND MANAGEMENT, LLC

Schedule of Investments [Line Items]

Cost

17,032

^[2],[4]

17,359

^[6],[8]

Fair Value

16,685

^[9]

16,356

^[10]

STATINMED, LLC

Schedule of Investments [Line Items]

Cost

13,799

^[2],[4]

13,648

^[6],[8]

Fair Value

7,069

^[9]

11,177

^[10]

STUDENT RESOURCE CENTER LLC

Schedule of Investments [Line Items]

Cost

14,586

^[2],[4]

14,572

^[6],[8],[17]

Fair Value

14,565

^[9]

14,565

^[10],[17]

INSTITUTES OF HEALTH, LLC

Schedule of Investments [Line Items]

Cost

^[2],[4]

15,680

Fair Value

^[9]

15,700

Investment, Identifier [Axis]: 360 QUOTE TOPCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal

22,431

^[18]

25,000

^[19]

Cost

22,169

^[2],[4],[18]

24,674

^[6],[8],[19]

Fair Value

$ 19,066

^[9],[18]

$ 23,125

^[10],[19]

Variable rate

6.50%

^[18],[20]

6.50%

^[19],[21]

Floor

1.00%

^[18],[20]

1.00%

^[19],[21]

Investment interest rate

15.04%

^[18],[20]

11.55%

^[19],[21]

Investment, Identifier [Axis]: 360 QUOTE TOPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 3,280

$ 3,250

Cost

3,244

^[2],[4]

3,209

^[6],[8]

Fair Value

$ 2,788

^[9]

$ 3,006

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.04%

^[20]

11.55%

^[21]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 336

^[22]

$ 274

^[23]

Cost

333

^[2],[4],[22]

270

^[6],[8],[23]

Fair Value

316

^[9],[22]

264

^[10],[23]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., First Lien

Schedule of Investments [Line Items]

Principal

11,163

10,199

Cost

11,163

^[2],[4]

10,199

^[6],[8]

Fair Value

10,493

^[9]

9,842

^[10]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Shares common stock

Schedule of Investments [Line Items]

Principal

Cost

1,785

^[2],[4]

1,785

^[6],[8]

Fair Value

$ 716

^[9]

$ 716

^[10]

Shares (in shares)

374,543

^[24]

374,543

^[25]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Warrants (Expiration - December 11, 2025)

Schedule of Investments [Line Items]

Principal

$ 0

Cost

2,198

^[2],[4]

2,198

^[6],[8]

Fair Value

881

^[9]

881

^[10]

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, 1,000,000 Class B-2 Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

^[27],[28]

Cost

1,000

^{[2],[4],[16],[26]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,000

^{[9],[16],[26]}

$ 1,000

^{[10],[27],[28]}

Shares (in shares)

1,000,000

^{[16],[24],[26]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 7,500

^[22]

$ 7,500

^[23]

Cost

7,342

^[2],[4],[22]

7,332

^[6],[8],[23]

Fair Value

$ 7,500

^[9],[22]

$ 7,380

^[10],[23]

Variable rate

6.50%

^[20],[22]

6.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

12.01%

^[20],[22]

11.43%

^[21],[23]

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 5,000

Cost

4,913

^[2],[4]

4,905

^[6],[8]

Fair Value

$ 5,000

^[9]

$ 4,920

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.01%

^[20]

11.35%

^[21]

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, Revolver Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(33)

^[2],[4],[22]

(37)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

6.50%

^[20],[22]

6.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, Class A Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

1,019

^{[16],[24],[26]}

1,019

^{[25],[27],[28]}

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 19,550

^[29]

$ 19,550

^[30]

Cost

19,221

^[2],[4],[29]

19,162

^[6],[8],[30]

Fair Value

$ 19,139

^[9],[29]

$ 19,550

^[10],[30]

Variable rate

8.13%

^[20],[29]

8.15%

^[21],[30]

Floor

1.00%

^[20],[29]

1.00%

^[21],[30]

Investment interest rate

13.53%

^{[20],[29],[31]}

12.90%

^[21],[30]

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,019

^{[2],[4],[16],[26]}

1,019

^{[6],[8],[27],[28]}

Fair Value

$ 1,063

^{[9],[16],[26]}

$ 1,223

^{[10],[27],[28]}

Shares (in shares)

1,019

^{[16],[24],[26]}

1,019

^{[25],[27],[28]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

107

^{[2],[4],[16],[26]}

107

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 165

^{[10],[27],[28]}

Shares (in shares)

1,611.22

^{[16],[24],[26]}

1,611.22

^{[25],[27],[28]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[23]

$ 0

Cost

^[6],[8],[23]

(42)

Fair Value

^[10],[23]

$ 0

Variable rate

^[21],[23]

8.50%

Floor

^[21],[23]

1.00%

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 9,158

$ 9,228

Cost

9,013

^[2],[4]

9,067

^[6],[8]

Fair Value

$ 9,158

^[9]

$ 9,228

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.01%

^[20]

12.35%

^[21]

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 9,158

$ 9,228

Cost

9,013

^[2],[4]

9,066

^[6],[8]

Fair Value

$ 9,158

^[9]

$ 9,228

^[10]

Variable rate

8.50%

^[20]

8.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

14.01%

^[20]

13.35%

^[21]

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan C

Schedule of Investments [Line Items]

Principal

$ 9,158

$ 9,228

Cost

9,012

^[2],[4]

9,066

^[6],[8]

Fair Value

$ 9,158

^[9]

$ 9,228

^[10]

Variable rate

9.50%

^[20]

9.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

15.01%

^[20]

14.35%

^[21]

Investment, Identifier [Axis]: ACCELERATION, LLC, Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

893

^{[2],[4],[16],[26]}

893

^{[6],[8],[27],[28]}

Fair Value

$ 1,447

^{[9],[16],[26]}

$ 1,482

^{[10],[27],[28]}

Shares (in shares)

13,451.22

^{[16],[24],[26]}

13,451.22

^{[25],[27],[28]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 2,200

^[22]

$ 3,700

^[23]

Cost

2,126

^[2],[4],[22]

3,616

^[6],[8],[23]

Fair Value

$ 2,200

^[9],[22]

$ 3,700

^[10],[23]

Variable rate

8.50%

^[20],[22]

8.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

14.10%

^[20],[22]

13.56%

^[21],[23]

Investment, Identifier [Axis]: ACE GATHERING, INC.

Schedule of Investments [Line Items]

Principal

$ 6,592

^[32]

$ 7,698

^[33]

Cost

6,585

^[2],[4],[32]

7,668

^[6],[8],[33]

Fair Value

$ 6,461

^[9],[32]

$ 7,082

^[10],[33]

Variable rate

12.00%

^[20],[32]

12.00%

^[21],[33]

Floor

2.00%

^[20],[32]

2.00%

^[21],[33]

Investment interest rate

17.51%

^[20],[32]

16.85%

^[21],[33]

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 14,836

$ 27,438

Cost

14,573

^[2],[4]

26,940

^[6],[8]

Fair Value

$ 14,836

^[9]

$ 27,438

^[10]

Variable rate

7.00%

^[20]

7.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.52%

^[20],[31]

12.12%

^[21],[34]

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

809

^{[2],[4],[16],[26]}

809

^{[6],[8],[27],[28]}

Fair Value

$ 2,102

^{[9],[16],[26]}

$ 1,202

^{[10],[27],[28]}

Shares (in shares)

766,738.93

^{[16],[24],[26]}

766,738.93

^{[25],[27],[28]}

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 825

^[22]

$ 800

^[23]

Cost

811

^[2],[4],[22]

766

^[6],[8],[23]

Fair Value

$ 825

^[9],[22]

$ 800

^[10],[23]

Variable rate

7.00%

^[20],[22]

7.25%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

12.61%

^{[20],[22],[31]}

12.40%

^[21],[23]

Investment, Identifier [Axis]: ALLIANCE SPORTS GROUP, L.P., Membership preferred interest

Schedule of Investments [Line Items]

Principal

$ 0

Cost

2,500

^[2],[4]

2,500

^[6],[8]

Fair Value

956

^[9]

2,691

^[10]

Investment, Identifier [Axis]: ALLIANCE SPORTS GROUP, L.P., Unsecured convertible Note

Schedule of Investments [Line Items]

Principal

173

Cost

173

^[2],[4]

173

^[6],[8]

Fair Value

173

^[9]

201

^[10]

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

11,851

11,716

Cost

11,809

^[2],[4]

11,667

^[6],[8]

Fair Value

$ 10,547

^[9]

$ 10,978

^[10]

Variable rate

8.75%

^[20]

6.75%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

15.15%

^[20]

12.49%

^[21]

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 11,762

^[35]

$ 11,716

Cost

11,713

^[2],[4],[35]

11,667

^[6],[8]

Fair Value

$ 8,351

^[9],[35]

$ 9,958

^[10]

Variable rate

10.75%

^[20],[35]

8.75%

^[21]

Floor

1.00%

^[20],[35]

1.00%

^[21]

Investment interest rate

17.15%

^[20],[35]

14.49%

^[21]

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, Units of Class A common stock

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

3,000

^{[2],[4],[16],[26]}

3,000

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

3,000,000

^{[16],[24],[26]}

3,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.), First Lien

Schedule of Investments [Line Items]

Principal

^[36]

$ 4,899

Cost

^[6],[8],[36]

4,858

Fair Value

^[10],[36]

$ 251

Variable rate

^[21],[36]

5.50%

Floor

^[21],[36]

2.00%

Investment interest rate

^[21],[36]

9.00%

Investment, Identifier [Axis]: AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.), Revolving Loan

Schedule of Investments [Line Items]

Principal

^[23],[36]

$ 862

Cost

^{[6],[8],[23],[36]}

853

Fair Value

^{[10],[23],[36]}

$ 44

Variable rate

^{[21],[23],[36]}

5.50%

Floor

^{[21],[23],[36]}

2.00%

Investment interest rate

^{[21],[23],[36]}

9.00%

Investment, Identifier [Axis]: ARBORWORKS, LLC, Class A Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

100

^{[2],[4],[16],[26]}

100

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

100

^{[16],[24],[26]}

100

^{[25],[27],[28]}

Investment, Identifier [Axis]: ARBORWORKS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 12,559

^[35]

$ 12,610

Cost

12,366

^[2],[4],[35]

12,417

^[6],[8]

Fair Value

$ 5,363

^[9],[35]

$ 9,470

^[10]

Variable rate

7.00%

^[20],[35]

7.00%

^[21]

Floor

1.00%

^[20],[35]

1.00%

^[21]

Investment interest rate

15.43%

^[20],[35]

14.85%

^[21]

Investment, Identifier [Axis]: ARBORWORKS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 2,904

^[22],[35]

$ 2,000

^[23]

Cost

2,860

^{[2],[4],[22],[35]}

1,956

^[6],[8],[23]

Fair Value

$ 1,240

^{[9],[22],[35]}

$ 1,502

^[10],[23]

Variable rate

7.00%

^{[20],[22],[35]}

7.00%

^[21],[23]

Floor

1.00%

^{[20],[22],[35]}

1.00%

^[21],[23]

Investment interest rate

15.42%

^{[20],[22],[35]}

14.83%

^[21],[23]

Investment, Identifier [Axis]: ASC ORTHO MANAGEMENT COMPANY, LLC, Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,026

^{[2],[4],[16],[26]}

1,026

^{[6],[8],[27],[28]}

Fair Value

$ 847

^{[9],[16],[26]}

$ 847

^{[10],[27],[28]}

Shares (in shares)

2,572

^{[16],[24],[26]}

2,572

^{[25],[27],[28]}

Investment, Identifier [Axis]: ATS OPERATING, LLC, Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,000

^{[2],[4],[16],[26]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,000

^{[9],[16],[26]}

$ 1,000

^{[10],[27],[28]}

Shares (in shares)

1,000,000

^{[16],[24],[26]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: ATS OPERATING, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 9,250

Cost

9,121

^[2],[4]

9,104

^[6],[8]

Fair Value

$ 9,250

^[9]

$ 9,102

^[10]

Variable rate

5.50%

^[20]

5.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.01%

^[20]

10.35%

^[21]

Investment, Identifier [Axis]: ATS OPERATING, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 9,250

Cost

9,119

^[2],[4]

9,102

^[6],[8]

Fair Value

$ 9,158

^[9]

$ 9,102

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.01%

^[20]

12.35%

^[21]

Investment, Identifier [Axis]: ATS OPERATING, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 1,000

^[22]

$ 500

^[23]

Cost

967

^[2],[4],[22]

462

^[6],[8],[23]

Fair Value

$ 1,000

^[9],[22]

$ 492

^[10],[23]

Variable rate

6.50%

^[20],[22]

6.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

12.01%

^[20],[22]

11.39%

^[21],[23]

Investment, Identifier [Axis]: BINSWANGER HOLDING CORP., Shares of common stock

Schedule of Investments [Line Items]

Principal

$ 0

Cost

900

^[2],[4]

900

^[6],[8]

Fair Value

$ 0

^[9]

$ 0

^[10]

Shares (in shares)

900,000

^[24]

900,000

^[25]

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Preferred units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

1,000

Fair Value

^{[9],[16],[26]}

$ 1,000

Shares (in shares)

^{[16],[24],[26]}

1,000

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Class A common units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

Fair Value

^{[9],[16],[26]}

$ 0

Shares (in shares)

^{[16],[24],[26]}

1,000

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

^[16]

$ 9,000

Cost

^[2],[4],[16]

8,832

Fair Value

^[9],[16]

$ 8,829

Variable rate

^[16],[20]

6.00%

Floor

^[16],[20]

2.00%

Investment interest rate

^[16],[20]

11.40%

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

^[16]

$ 9,000

Cost

^[2],[4],[16]

8,831

Fair Value

^[9],[16]

$ 8,829

Variable rate

^[16],[20]

8.00%

Floor

^[16],[20]

2.00%

Investment interest rate

^[16],[20]

13.40%

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[16],[22]

$ 0

Cost

^{[2],[4],[16],[22]}

(37)

Fair Value

^{[9],[16],[22]}

$ 0

Variable rate

^{[16],[20],[22]}

7.00%

Floor

^{[16],[20],[22]}

2.00%

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC (DBA EPIC IO TECHNOLOGIES), Series A Preferred units

Schedule of Investments [Line Items]

Principal

^[27],[28]

$ 0

Cost

^{[6],[8],[27],[28]}

1,132

Fair Value

^{[10],[27],[28]}

$ 1,649

Shares (in shares)

^{[25],[27],[28]}

1,131,579

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC, Series A Preferred units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

1,132

Fair Value

^{[9],[16],[26]}

$ 1,400

Shares (in shares)

^{[16],[24],[26]}

1,131,579

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC, Series C Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 130

^{[10],[27],[28]}

Shares (in shares)

89,335

^{[16],[24],[26]}

89,335

^{[25],[27],[28]}

Investment, Identifier [Axis]: C&M CONVEYOR, INC, First Lien-Term Loan A

Schedule of Investments [Line Items]

Principal

$ 6,500

^[32]

$ 6,500

^[33]

Cost

6,391

^[2],[4],[32]

6,377

^[6],[8],[33]

Fair Value

$ 6,500

^[9],[32]

$ 6,377

^[10],[33]

Variable rate

5.50%

^[20],[32]

7.50%

^[21],[33]

Floor

1.50%

^[20],[32]

1.50%

^[21],[33]

Investment interest rate

10.94%

^[20],[32]

12.28%

^[21],[33]

Investment, Identifier [Axis]: C&M CONVEYOR, INC, First Lien-Term Loan B

Schedule of Investments [Line Items]

Principal

$ 6,500

^[32]

$ 6,500

^[33]

Cost

6,392

^[2],[4],[32]

6,377

^[6],[8],[33]

Fair Value

$ 6,500

^[9],[32]

$ 6,377

^[10],[33]

Variable rate

7.50%

^[20],[32]

5.50%

^[21],[33]

Floor

1.50%

^[20],[32]

1.50%

^[21],[33]

Investment interest rate

12.94%

^[20],[32]

10.28%

^[21],[33]

Investment, Identifier [Axis]: CADMIUM, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 7,385

Cost

7,334

^[2],[4]

7,326

^[6],[8]

Fair Value

$ 7,311

^[9]

$ 7,134

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.65%

^[20]

12.16%

^[21]

Investment, Identifier [Axis]: CADMIUM, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 615

Cost

611

^[2],[4]

611

^[6],[8]

Fair Value

$ 609

^[9]

$ 594

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.65%

^[20]

12.16%

^[21]

Investment, Identifier [Axis]: CAMIN CARGO CONTROL, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 5,662

$ 5,692

Cost

5,628

^[2],[4]

5,652

^[6],[8]

Fair Value

$ 5,662

^[9]

$ 5,692

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.93%

^[20]

11.42%

^[21]

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class A Units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 1,658

Shares (in shares)

1,000,000

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class A units

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[26],[37]}

^[27],[28]

Cost

1,000

^{[2],[4],[16],[26],[37]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,658

^{[9],[16],[26],[37]}

$ 1,658

^{[10],[27],[28]}

Shares (in shares)

1,000,000

^{[16],[24],[26],[37]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class B Units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 714

Shares (in shares)

500,000

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class B units

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[22],[26],[37]}

^{[23],[27],[28],[38]}

Cost

500

^{[2],[4],[16],[22],[26],[37]}

500

^{[6],[8],[23],[27],[28],[38]}

Fair Value

$ 714

^{[9],[16],[22],[26],[37]}

$ 714

^{[10],[23],[27],[28],[38]}

Shares (in shares)

500,000

^{[16],[22],[24],[26],[37]}

500,000

^{[23],[25],[27],[28],[38]}

Investment, Identifier [Axis]: CATBIRD NYC, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 15,300

$ 15,500

Cost

15,095

^[2],[4]

15,265

^[6],[8]

Fair Value

$ 15,300

^[9]

$ 15,500

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.40%

^[20]

11.88%

^[21]

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 1,500

^[22]

$ 0

^[23]

Cost

1,451

^[2],[4],[22]

(57)

^[6],[8],[23]

Fair Value

$ 1,500

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.00%

^[20],[22]

7.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

^[20],[22]

12.54%

Investment, Identifier [Axis]: CATBIRD NYC, LLC. Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 1,500

Fair Value

1,500

$ 0

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Class A-1 Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

690,324

^[24]

625,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: CAVALIER BUYER, INC. First Lien

Schedule of Investments [Line Items]

Principal

$ 6,500

Cost

6,382

^[2],[4]

6,372

^[6],[8]

Fair Value

$ 6,435

^[9]

$ 6,372

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

13.52%

^[20]

12.88%

^[21]

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

690

^{[2],[4],[16],[26]}

625

^{[6],[8],[27],[28]}

Fair Value

$ 726

^{[9],[16],[26]}

$ 625

^{[10],[27],[28]}

Shares (in shares)

690,324

^[24]

625,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(35)

^[2],[4],[22]

(19)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

8.00%

^[20],[22]

8.00%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Delayed Draw Capex Term Loan

Schedule of Investments [Line Items]

Principal

$ 100

^[22]

$ 100

^[23]

Cost

^[2],[4],[22]

^[6],[8],[23]

Fair Value

$ 100

^[9],[22]

$ 99

^[10],[23]

Variable rate

9.00%

^[20],[22]

9.00%

^[21],[23]

Floor

1.75%

^[20],[22]

1.75%

^[21],[23]

Investment interest rate

15.40%

^[20],[22]

13.75%

^[21],[23]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 100

Fair Value

100

$ 99

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, First Lien

Schedule of Investments [Line Items]

Principal

7,506

7,500

Cost

7,449

^[2],[4]

7,427

^[6],[8]

Fair Value

$ 7,506

^[9]

$ 7,402

^[10]

Variable rate

9.00%

^[20]

9.00%

^[21]

Floor

1.75%

^[20]

1.75%

^[21]

Investment interest rate

15.40%

^[20]

13.75%

^[21]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,098

^{[2],[4],[16],[26]}

976

^{[6],[8],[27],[28]}

Fair Value

$ 847

^{[9],[16],[26]}

$ 357

^{[10],[27],[28]}

Shares (in shares)

1,987,930

^{[16],[24],[26]}

1,380,500

^{[25],[27],[28]}

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 300

^[22]

$ 300

^[23]

Cost

290

^[2],[4],[22]

287

^[6],[8],[23]

Fair Value

$ 300

^[9],[22]

$ 296

^[10],[23]

Variable rate

9.00%

^[20],[22]

9.00%

^[21],[23]

Floor

1.75%

^[20],[22]

1.75%

^[21],[23]

Investment interest rate

15.40%

^[20],[22]

13.75%

^[21],[23]

Investment, Identifier [Axis]: CHANDLER SIGNS, LLC, Units of Class A-1 common stock

Schedule of Investments [Line Items]

Principal

$ 0

^[27],[28]

Cost

^{[6],[8],[27],[28]}

1,500

Fair Value

$ 0

$ 3,215

^{[10],[27],[28]}

Shares (in shares)

1,500,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: CITYVET, INC. Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(49)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

7.00%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: CITYVET, INC. First Lien

Schedule of Investments [Line Items]

Principal

$ 15,000

Cost

^[2],[4]

14,703

Fair Value

^[9]

$ 14,703

Variable rate

^[20]

7.00%

Floor

^[20]

2.00%

Investment interest rate

^[20]

12.50%

Investment, Identifier [Axis]: CRAFTY APES, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 15,000

^[29]

$ 15,000

^[30]

Cost

14,938

^[2],[4],[29]

14,911

^[6],[8],[30]

Fair Value

$ 14,220

^[9],[29]

$ 15,000

^[10],[30]

Variable rate

7.01%

^[20],[29]

7.02%

^[21],[30]

Floor

1.00%

^[20],[29]

1.00%

^[21],[30]

Investment interest rate

12.42%

^[20],[29]

12.07%

^[21],[30]

Investment, Identifier [Axis]: DAMOTECH INC. Class A Common Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

Fair Value

^{[9],[16],[26]}

$ 0

Shares (in shares)

^{[16],[24],[26]}

1,000

Investment, Identifier [Axis]: DAMOTECH INC. Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[16],[22]

$ 0

Cost

^{[2],[4],[16],[22]}

(28)

Fair Value

^{[9],[16],[22]}

$ 0

Variable rate

^{[16],[20],[22]}

7.00%

Floor

^{[16],[20],[22]}

2.00%

Investment, Identifier [Axis]: DAMOTECH INC. First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

^[16]

$ 5,100

Cost

^[2],[4],[16]

5,001

Fair Value

^[9],[16]

$ 5,003

Variable rate

^[16],[20]

6.00%

Floor

^[16],[20]

2.00%

Investment interest rate

^[16],[20]

11.43%

Investment, Identifier [Axis]: DAMOTECH INC. First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

^[16]

$ 5,100

Cost

^[2],[4],[16]

5,001

Fair Value

^[9],[16]

$ 5,003

Variable rate

^[16],[20]

8.00%

Floor

^[16],[20]

2.00%

Investment interest rate

^[16],[20]

13.43%

Investment, Identifier [Axis]: DAMOTECH INC. Preferred Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

1,000

Fair Value

^{[9],[16],[26]}

$ 1,000

Shares (in shares)

^{[16],[24],[26]}

1,000

Investment, Identifier [Axis]: DAMOTECH INC.. Revolving Loan

Schedule of Investments [Line Items]

Principal

^[16],[22]

$ 0

Cost

^{[2],[4],[16],[22]}

(57)

Fair Value

^{[9],[16],[22]}

$ 0

Variable rate

^{[16],[20],[22]}

7.00%

Floor

^{[16],[20],[22]}

2.00%

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, Common Units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[6],[8]

3,615

Fair Value

$ 0

^[10]

Shares (in shares)

1,681.04

^[25]

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien A

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 0

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien B

Schedule of Investments [Line Items]

Principal

Fair Value

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien, L+11.00% PIK

Schedule of Investments [Line Items]

Principal

^[36]

1,649

Cost

^[6],[8],[36]

1,649

Fair Value

^[10],[36]

$ 0

Variable rate

^[21],[36]

11.00%

Floor

^[21],[36]

1.00%

Investment interest rate

^[21],[36]

15.74%

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien, L+9.00% PIK

Schedule of Investments [Line Items]

Principal

^[36]

$ 1,829

Cost

^[6],[8],[36]

1,829

Fair Value

^[10],[36]

$ 0

Variable rate

^[21],[36]

9.00%

Floor

^[21],[36]

1.00%

Investment interest rate

^[21],[36]

14.13%

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, Protective Advance

Schedule of Investments [Line Items]

Principal

$ 1,448

^[36]

Cost

^[6],[8],[36]

1,448

Fair Value

$ 0

^[10],[36]

Variable rate

^[21],[36]

16.70%

Floor

^[21],[36]

1.00%

Investment interest rate

^[21],[36]

21.06%

Investment, Identifier [Axis]: DELPHI LENDER HOLDCO LLC, Common units

Schedule of Investments [Line Items]

Principal

Cost

^[2],[4]

Fair Value

^[9]

$ 0

Shares (in shares)

^[24]

254

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 2,500,000 Common units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

2,500,000

^{[16],[24],[26]}

2,500,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 250,000 Class A Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

250

^{[2],[4],[16],[26]}

250

^{[6],[8],[27],[28]}

Fair Value

$ 625

^{[9],[16],[26]}

$ 625

^{[10],[27],[28]}

Shares (in shares)

250,000

^{[16],[24],[26]}

250,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 255,984.22 Class C Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

255,984.22

^{[16],[24],[26]}

255,984.22

^{[25],[27],[28]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 5,435,211.03 Class B Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

2,218

^{[2],[4],[16],[26]}

2,218

^{[6],[8],[27],[28]}

Fair Value

$ 2,218

^{[9],[16],[26]}

$ 2,218

^{[10],[27],[28]}

Shares (in shares)

5,435,211.03

^{[16],[24],[26]}

5,435,211.03

^{[25],[27],[28]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 4,038

$ 3,846

Cost

4,020

^[2],[4]

3,826

^[6],[8]

Fair Value

$ 4,014

^[9]

$ 3,823

^[10]

Variable rate

4.50%

^[20]

4.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

9.91%

^[20]

9.41%

^[21]

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 4,101

$ 3,867

Cost

4,079

^[2],[4]

3,844

^[6],[8]

Fair Value

$ 4,076

^[9]

$ 3,843

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

11.91%

^[20]

11.41%

^[21]

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class A Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 625

Shares (in shares)

250,000

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class B Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 2,218

2,218

Shares (in shares)

5,435,211.03

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class C Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 0

Shares (in shares)

255,984.22

Investment, Identifier [Axis]: Dynamic Communities, LLC, Common units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 0

Shares (in shares)

2,500,000

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 11,250

Cost

^[2],[4]

10,934

Fair Value

^[9]

$ 10,980

Variable rate

^[20]

6.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

12.03%

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 11,250

Cost

^[2],[4]

10,935

Fair Value

^[9]

$ 10,980

Variable rate

^[20]

8.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

14.03%

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(109)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

7.50%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: EVEREST TRANSPORTATION SYSTEMS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 8,334

8,566

Cost

8,278

^[2],[4]

8,498

^[6],[8]

Fair Value

$ 7,834

^[9]

$ 8,566

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.42%

^[20]

12.91%

^[21]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Common units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

615

^[2],[4]

615

^[6],[8]

Fair Value

$ 945

^[9]

$ 770

^[10]

Shares (in shares)

615.156

^[24]

615.156

^[25]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 2,333

$ 0

^[23]

Cost

2,287

^[2],[4]

(23)

^[6],[8],[23]

Fair Value

$ 2,333

^[9]

$ 0

^[10],[23]

Variable rate

7.50%

^[20]

7.50%

^[21],[23]

Floor

2.00%

^[20]

2.00%

^[21],[23]

Investment interest rate

^[20]

12.90%

Investment, Identifier [Axis]: EXACT BORROWER, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 8,774

$ 9,450

Cost

8,622

^[2],[4]

9,271

^[6],[8]

Fair Value

$ 8,774

^[9]

$ 9,271

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

12.90%

^[20]

12.24%

^[21]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 8,774

$ 9,450

Cost

8,622

^[2],[4]

9,271

^[6],[8]

Fair Value

$ 8,774

^[9]

$ 9,271

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

12.90%

^[20]

12.24%

^[21]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Promissory Note

Schedule of Investments [Line Items]

Principal

$ 385

Cost

385

^[2],[4]

385

^[6],[8]

Fair Value

$ 385

^[9]

$ 385

^[10]

Investment interest rate

13.574%

^[20]

13.574%

^[21]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(41)

^[2],[4],[22]

(47)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.50%

^[20],[22]

7.50%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[26],[37]}

$ 0

^{[27],[28],[38]}

Cost

2,000

^{[2],[4],[16],[26],[37]}

2,000

^{[6],[8],[27],[28],[38]}

Fair Value

$ 9,205

^{[9],[16],[26],[37]}

$ 17,678

^{[10],[27],[28],[38]}

Shares (in shares)

2,000,000

^{[16],[24],[26],[37]}

2,000,000

^{[25],[27],[28],[38]}

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 2,818

Cost

2,784

^[2],[4]

2,777

^[6],[8]

Fair Value

$ 2,793

^[9]

$ 2,818

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.90%

^[20]

12.25%

^[21]

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 31,845

Cost

31,315

^[2],[4]

31,214

^[6],[8]

Fair Value

$ 31,559

^[9]

$ 31,845

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.00%

^[20]

12.41%

^[21]

Investment, Identifier [Axis]: FM SYLVAN, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 11,888

$ 11,963

Cost

11,681

^[2],[4]

11,737

^[6],[8]

Fair Value

$ 11,888

^[9]

$ 11,963

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.51%

^[20]

12.85%

^[21]

Investment, Identifier [Axis]: FM SYLVAN, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 2,000

^[23]

Cost

(164)

^[2],[4],[22]

1,816

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 2,000

^[10],[23]

Variable rate

8.00%

^[20],[22]

8.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

^[21],[23]

12.94%

Investment, Identifier [Axis]: FOOD PHARMA SUBSIDIARY HOLDINGS, LLC, Class A Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

750

^{[2],[4],[16],[26]}

750

^{[6],[8],[27],[28]}

Fair Value

$ 911

^{[9],[16],[26]}

$ 911

^{[10],[27],[28]}

Shares (in shares)

75,000

^{[16],[24],[26]}

75,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: FOOD PHARMA SUBSIDIARY HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 7,030

Cost

6,919

^[2],[4]

6,908

^[6],[8]

Fair Value

$ 7,030

^[9]

$ 7,030

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.93%

^[20]

11.25%

^[21]

Investment, Identifier [Axis]: FS VECTOR LLC, Common units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

1,000

Fair Value

^{[9],[16],[26]}

$ 1,000

Shares (in shares)

^{[16],[24],[26]}

1,000

Investment, Identifier [Axis]: FS VECTOR LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 9,000

Cost

^[2],[4]

8,831

Fair Value

^[9]

$ 8,847

Variable rate

^[20]

6.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

11.90%

Investment, Identifier [Axis]: FS VECTOR LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 9,000

Cost

^[2],[4]

8,832

Fair Value

^[9]

$ 8,847

Variable rate

^[20]

8.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

13.90%

Investment, Identifier [Axis]: FS VECTOR LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(37)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

7.50%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(157)

^[2],[4],[22]

(162)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.50%

^[20],[22]

7.50%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 7,500

Cost

7,368

^[2],[4]

7,357

^[6],[8]

Fair Value

$ 7,500

^[9]

$ 7,358

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

12.01%

^[20]

11.35%

^[21]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 7,500

Cost

7,368

^[2],[4]

7,356

^[6],[8]

Fair Value

$ 7,500

^[9]

$ 7,358

^[10]

Variable rate

8.50%

^[20]

8.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

14.01%

^[20]

13.35%

^[21]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(42)

^[2],[4],[22]

(47)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.50%

^[20],[22]

7.50%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, Class A Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,000

^{[2],[4],[16],[26]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,469

^{[9],[16],[26]}

$ 1,000

^{[10],[27],[28]}

Shares (in shares)

1,000,000

^{[16],[24],[26]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 6,073

^[18]

$ 6,150

^[19]

Cost

5,962

^[2],[4],[18]

6,030

^[6],[8],[19]

Fair Value

$ 6,073

^[9],[18]

$ 6,030

^[10],[19]

Variable rate

8.00%

^[18],[20]

9.00%

^[19],[21]

Floor

2.00%

^[18],[20]

2.00%

^[19],[21]

Investment interest rate

13.51%

^[18],[20]

13.93%

^[19],[21]

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(52)

^[2],[4],[22]

(58)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

8.00%

^[20],[22]

9.00%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: GPT Industries, LLC Class A Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 1,469

$ 1,000

Shares (in shares)

1,000,000

Investment, Identifier [Axis]: GPT Industries, LLC First Lien

Schedule of Investments [Line Items]

Principal

$ 6,073

Fair Value

6,073

6,030

Investment, Identifier [Axis]: GPT Industries, LLC Revolving Loan

Schedule of Investments [Line Items]

Principal

Fair Value

Investment, Identifier [Axis]: GRAMMATECH, INC., Class A units

Schedule of Investments [Line Items]

Principal

Cost

1,000

^[2],[4]

1,000

^[6],[8]

Fair Value

$ 0

^[9]

$ 0

^[10]

Shares (in shares)

1,000

^[24]

1,000

^[25]

Investment, Identifier [Axis]: GRAMMATECH, INC., Class A-1 units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

360

^[2],[4]

360

^[6],[8]

Fair Value

$ 0

^[9]

$ 372

^[10]

Shares (in shares)

360.06

^[24]

360.06

^[25]

Investment, Identifier [Axis]: GRAMMATECH, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 2,000

$ 10,031

Cost

1,991

^[2],[4]

9,967

^[6],[8]

Fair Value

$ 2,000

^[9]

$ 10,031

^[10]

Variable rate

9.50%

^[20]

9.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

14.90%

^[20]

14.24%

^[21]

Investment, Identifier [Axis]: GRAMMATECH, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(9)

^[2],[4],[22]

(14)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

9.50%

^[20],[22]

9.50%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. Class A Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,500

^{[2],[4],[16],[26]}

1,500

^{[6],[8],[27],[28]}

Fair Value

$ 1,815

^{[9],[16],[26]}

$ 1,500

^{[10],[27],[28]}

Shares (in shares)

1,500,000

^{[16],[24],[26]}

1,500,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. First Lien

Schedule of Investments [Line Items]

Principal

$ 4,531

$ 4,511

Cost

4,406

^[2],[4]

4,376

^[6],[8]

Fair Value

$ 4,531

^[9]

$ 4,376

^[10]

Variable rate

7.25%

^[20]

7.25%

^[21]

Floor

2.50%

^[20]

2.50%

^[21]

Investment interest rate

14.40%

^[20]

14.05%

^[21]

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. Warrants

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[2],[4]

^[6],[8]

Fair Value

156

^[9]

^[10]

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

302

^[22]

303

^[23]

Cost

286

^[2],[4],[22]

286

^[6],[8],[23]

Fair Value

$ 296

^[9],[22]

$ 297

^[10],[23]

Variable rate

5.75%

^[20],[22]

6.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

11.38%

^[20],[22]

11.11%

^[21],[23]

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 3,624

$ 3,642

Cost

3,561

^[2],[4]

3,574

^[6],[8]

Fair Value

$ 3,555

^[9]

$ 3,573

^[10]

Variable rate

5.75%

^[20]

6.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.29%

^[20]

11.05%

^[21]

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 353

^[23]

Cost

(17)

^[2],[4],[22]

335

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 347

^[10],[23]

Variable rate

5.75%

^[20],[22]

6.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

^[21],[23]

10.99%

Investment, Identifier [Axis]: HEAT TRAK, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 11,500

Cost

^[2],[4]

10,217

Fair Value

^[9]

$ 11,270

Variable rate

^[20]

9.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

14.90%

Investment, Identifier [Axis]: HEAT TRAK, LLC, Warrants

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[2],[4]

1,104

Fair Value

^[9]

1,104

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., First Lien

Schedule of Investments [Line Items]

Principal

8,016

Cost

^[2],[4]

7,820

Fair Value

^[9]

$ 7,831

Variable rate

^[20]

8.00%

Floor

^[20]

2.00%

Investment interest rate

^[20]

13.40%

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., Preferred units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

343

Fair Value

^{[9],[16],[26]}

$ 323

Shares (in shares)

^{[16],[24],[26]}

108,211.4

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 566

Cost

^[2],[4],[22]

547

Fair Value

^[9],[22]

$ 554

Variable rate

^[20],[22]

8.00%

Floor

^[20],[22]

2.00%

Investment interest rate

^[20],[22]

13.49%

Investment, Identifier [Axis]: HYBRID APPAREL, LLC, Second Lien

Schedule of Investments [Line Items]

Principal

$ 15,768

^[32]

$ 15,750

^[33]

Cost

15,577

^[2],[4],[32]

15,528

^[6],[8],[33]

Fair Value

$ 14,696

^[9],[32]

$ 13,120

^[10],[33]

Variable rate

8.25%

^[20],[32]

8.25%

^[21],[33]

Floor

1.00%

^[20],[32]

1.00%

^[21],[33]

Investment interest rate

15.76%

^[20],[32]

13.10%

^[21],[33]

Investment, Identifier [Axis]: I-45 SLF LLC

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[37]

$ 0

^{[23],[27],[38]}

Cost

80,800

^{[2],[4],[16],[37]}

80,800

^{[6],[8],[23],[27],[38]}

Fair Value

53,422

^{[9],[16],[37]}

51,256

^{[10],[23],[27],[38]}

Investment, Identifier [Axis]: I-45 SLF LLC, LLC equity interest

Schedule of Investments [Line Items]

Principal

Fair Value

53,422

51,256

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

1,347

^[22]

^[23]

Cost

1,320

^[2],[4],[22]

(16)

^[6],[8],[23]

Fair Value

$ 1,347

^[9],[22]

$ 0

^[10],[23]

Variable rate

5.75%

^[20],[22]

5.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

^[20],[22]

11.17%

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 7,614

$ 7,653

Cost

7,513

^[2],[4]

7,537

^[6],[8]

Fair Value

$ 7,614

^[9]

$ 7,653

^[10]

Variable rate

5.75%

^[20]

5.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.17%

^[20]

10.66%

^[21]

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, LP interest

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[22],[26],[37]}

$ 0

^{[23],[27],[28],[38]}

Cost

588

^{[2],[4],[16],[22],[26],[37]}

588

^{[6],[8],[23],[27],[28],[38]}

Fair Value

1,121

^{[9],[16],[22],[26],[37]}

944

^{[10],[23],[27],[28],[38]}

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

7,500

Cost

^[2],[4]

7,350

Fair Value

^[9]

$ 7,350

Variable rate

^[20]

6.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

11.89%

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 7,500

Cost

^[2],[4]

7,350

Fair Value

^[9]

$ 7,350

Variable rate

^[20]

8.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

13.89%

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, Preferred units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

1,000

Fair Value

^{[9],[16],[26]}

$ 1,000

Shares (in shares)

^{[16],[24],[26]}

100,000

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(20)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

7.50%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 5,000

5,000

Cost

4,935

^[2],[4]

4,926

^[6],[8]

Fair Value

$ 5,000

^[9]

$ 5,000

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.51%

^[20]

11.75%

^[21]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(24)

^[2],[4],[22]

(28)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.00%

^[20],[22]

7.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Series A Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

1,000

^[2],[4]

1,000

^[6],[8]

Fair Value

$ 1,057

^[9]

$ 1,000

^[10]

Shares (in shares)

1,000,000

^[24]

1,000,000

^[25]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Series A-1 Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[2],[4]

167

Fair Value

^[9]

$ 518

Shares (in shares)

^[24]

166,667

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 25,000

$ 9,000

Cost

24,528

^[2],[4]

8,823

^[6],[8]

Fair Value

$ 24,550

^[9]

$ 8,823

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

13.10%

^[20],[31]

12.66%

^[21]

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,196

^{[2],[4],[16],[26]}

750

^{[6],[8],[27],[28]}

Fair Value

$ 1,570

^{[9],[16],[26]}

$ 750

^{[10],[27],[28]}

Shares (in shares)

1,195,526

^{[16],[24],[26]}

750,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 500

^[23]

Cost

(25)

^[2],[4],[22]

471

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 471

^[10],[23]

Variable rate

7.50%

^[20],[22]

7.50%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment interest rate

^[21],[23]

12.67%

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Class A Membership Interest

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,500

^{[2],[4],[16],[26]}

1,500

^{[6],[8],[27],[28]}

Fair Value

2,374

^{[9],[16],[26]}

4,348

^{[10],[27],[28]}

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Class A membership interest

Schedule of Investments [Line Items]

Principal

Fair Value

2,374

4,348

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[22]

Cost

^[2],[4],[22]

(28)

Fair Value

$ 0

^[9],[22]

Variable rate

^[20],[22]

9.00%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - PIK Note A

Schedule of Investments [Line Items]

Principal

$ 0

3,271

Cost

^[6],[8]

3,259

Fair Value

3,255

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - PIK Note B

Schedule of Investments [Line Items]

Principal

129

Cost

^[6],[8]

129

Fair Value

128

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term B Loan

Schedule of Investments [Line Items]

Principal

12,901

5,057

Cost

10,846

^[2],[4]

5,056

^[6],[8]

Fair Value

$ 12,901

^[9]

$ 5,068

^[10]

Variable rate

10.00%

^[20]

11.00%

^[21]

Floor

2.00%

^[20]

1.00%

^[21]

Investment interest rate

17.40%

^[20]

16.35%

^[21]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan

Schedule of Investments [Line Items]

Principal

$ 12,901

$ 10,114

Cost

10,850

^[2],[4]

10,139

^[6],[8]

Fair Value

$ 12,901

^[9]

$ 10,114

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

2.00%

^[20]

1.00%

^[21]

Investment interest rate

15.40%

^[20]

13.35%

^[21]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan - 1

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 10,114

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan - 2

Schedule of Investments [Line Items]

Principal

12,901

Fair Value

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan B - 1

Schedule of Investments [Line Items]

Principal

Fair Value

5,068

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan B - 2

Schedule of Investments [Line Items]

Principal

12,901

Fair Value

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

7,000

Cost

(65)

^[2],[4],[22]

6,974

^[6],[8]

Fair Value

$ 0

^[9],[22]

$ 7,014

^[10]

Variable rate

9.00%

^[20],[22]

9.00%

^[21]

Floor

2.00%

^[20],[22]

1.00%

^[21]

Investment interest rate

^[21]

14.35%

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Revolving loan

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 7,014

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants (Expiration - March 29, 2029)9,13

Schedule of Investments [Line Items]

Principal

^[16],[26]

Cost

538

^{[2],[4],[16],[26]}

538

^[6],[8]

Fair Value

4,005

^{[9],[16],[26]}

4,046

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants (Expiration - Warrants

Schedule of Investments [Line Items]

Principal

^[16],[26]

Cost

^{[2],[4],[16],[26]}

3,791

Fair Value

^{[9],[16],[26]}

3,869

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants - 1

Schedule of Investments [Line Items]

Principal

Fair Value

4,005

4,046

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants - 2

Schedule of Investments [Line Items]

Principal

Fair Value

3,869

Investment, Identifier [Axis]: JACKSON HEWITT TAX SERVICE, INC., First Lien

Schedule of Investments [Line Items]

Principal

10,000

Cost

^[2],[4]

9,851

Fair Value

^[9]

$ 9,851

Variable rate

^[20]

8.50%

Floor

^[20]

2.50%

Investment interest rate

^[20]

13.91%

Investment, Identifier [Axis]: JVMC HOLDINGS CORP., First Lien

Schedule of Investments [Line Items]

Principal

$ 4,796

6,132

Cost

4,791

^[2],[4]

6,117

^[6],[8]

Fair Value

$ 4,796

^[9]

$ 6,132

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.92%

^[20]

11.34%

^[21]

Investment, Identifier [Axis]: KMS, INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[23]

$ 2,228

Cost

^[6],[8],[23]

2,174

Fair Value

^[10],[23]

$ 2,016

Variable rate

^[21],[23]

7.25%

Floor

^[21],[23]

1.00%

Investment interest rate

^[21],[23]

12.44%

Investment, Identifier [Axis]: KMS, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 17,902

^[32]

$ 15,800

Cost

17,748

^[2],[4],[32]

15,681

^[6],[8]

Fair Value

$ 15,217

^[9],[32]

$ 14,299

^[10]

Variable rate

7.25%

^[20],[32]

7.25%

^[21]

Floor

1.00%

^[20],[32]

1.00%

^[21]

Investment interest rate

15.75%

^[20],[32]

12.44%

^[21]

Investment, Identifier [Axis]: LASH OPCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 10,478

$ 10,532

Cost

10,284

^[2],[4]

10,315

^[6],[8]

Fair Value

$ 10,143

^[9]

$ 10,110

^[10]

Variable rate

6.75%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.88%

^[20]

11.84%

^[21]

Investment, Identifier [Axis]: LASH OPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 622

^[22]

$ 343

^[23]

Cost

608

^[2],[4],[22]

336

^[6],[8],[23]

Fair Value

$ 602

^[9],[22]

$ 330

^[10],[23]

Variable rate

6.75%

^[20],[22]

7.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

12.15%

^{[20],[22],[31]}

11.89%

^[21],[23]

Investment, Identifier [Axis]: LGM PHARMA, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 2,507

$ 2,501

Cost

2,504

^[2],[4]

2,491

^[6],[8]

Fair Value

$ 2,507

^[9]

$ 2,501

^[10]

Variable rate

10.00%

^[20]

10.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

17.43%

^[20]

15.66%

^[21]

Investment, Identifier [Axis]: LGM PHARMA, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 11,506

$ 11,477

Cost

11,482

^[2],[4]

11,436

^[6],[8]

Fair Value

$ 11,506

^[9]

$ 11,477

^[10]

Variable rate

8.50%

^[20]

8.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

15.93%

^[20]

14.16%

^[21]

Investment, Identifier [Axis]: LGM PHARMA, LLC, Units of Class A common stock

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,600

^{[2],[4],[16],[26]}

1,600

^{[6],[8],[27],[28]}

Fair Value

$ 2,223

^{[9],[16],[26]}

$ 1,692

^{[10],[27],[28]}

Shares (in shares)

142,278.89

^{[16],[24],[26]}

142,278.89

^{[25],[27],[28]}

Investment, Identifier [Axis]: LGM PHARMA, LLC, Unsecured convertible note

Schedule of Investments [Line Items]

Principal

$ 127

^[16],[26]

$ 113

^[27],[28]

Cost

127

^{[2],[4],[16],[26]}

113

^{[6],[8],[27],[28]}

Fair Value

127

^{[9],[16],[26]}

113

^{[10],[27],[28]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Common units

Schedule of Investments [Line Items]

Principal

^[27],[28]

Cost

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[10],[27],[28]}

Shares (in shares)

203,124.9999

^{[25],[27],[28]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), First Lien

Schedule of Investments [Line Items]

Principal

$ 5,117

$ 5,143

Cost

^[6],[8]

5,143

Fair Value

4,979

$ 5,143

^[10]

Investment interest rate

^[21]

7.50%

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[23]

Cost

^[6],[8],[23]

Fair Value

$ 0

^[10],[23]

Investment interest rate

^[21],[23]

7.50%

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Second Lien

Schedule of Investments [Line Items]

Principal

5,208

$ 5,208

^[36]

Cost

^[6],[8],[36]

5,208

Fair Value

4,917

3,594

^[10],[36]

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Series A Preferred units

Schedule of Investments [Line Items]

Principal

^[27],[28]

Cost

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[10],[27],[28]}

Shares (in shares)

208,333.3333

^{[25],[27],[28]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Common units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

Fair Value

^{[9],[16],[26]}

$ 0

Shares (in shares)

^{[16],[24],[26]}

203,124.9999

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 5,117

Cost

^[2],[4]

5,117

Fair Value

^[9]

$ 4,979

Investment interest rate

^[20]

7.50%

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

Fair Value

^[9],[22]

$ 0

Investment interest rate

^[20],[22]

7.50%

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Second Lien

Schedule of Investments [Line Items]

Principal

^[35]

$ 5,208

Cost

^[2],[4],[35]

5,208

Fair Value

^[9],[35]

4,917

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Series A Preferred units

Schedule of Investments [Line Items]

Principal

^[16],[26]

Cost

^{[2],[4],[16],[26]}

Fair Value

^{[9],[16],[26]}

$ 0

Shares (in shares)

^{[16],[24],[26]}

208,333.3333

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), First Lien

Schedule of Investments [Line Items]

Principal

$ 22,714

Cost

^[6],[8]

22,318

Fair Value

^[10]

$ 22,305

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.09%

^[20]

11.54%

^[21]

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), LLC interest

Schedule of Investments [Line Items]

Principal

^[27],[28]

$ 0

Cost

^{[6],[8],[27],[28]}

600

Fair Value

^{[10],[27],[28]}

416

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), Revolving Loan

Schedule of Investments [Line Items]

Principal

^[23]

Cost

^[6],[8],[23]

(31)

Fair Value

^[10],[23]

$ 0

Variable rate

6.50%

^[20],[22]

6.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

^[20],[22]

11.93%

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 22,425

Cost

^[2],[4]

22,071

Fair Value

^[9]

21,303

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, LLC interest

Schedule of Investments [Line Items]

Principal

^[16],[26]

Cost

^{[2],[4],[16],[26]}

600

Fair Value

^{[9],[16],[26]}

263

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

556

Cost

^[2],[4],[22]

528

Fair Value

^[9],[22]

528

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., Class A Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

Cost

^{[2],[4],[16],[26]}

1,000

Fair Value

^{[9],[16],[26]}

$ 1,259

Shares (in shares)

^{[16],[24],[26]}

1,000,000

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 6,500

Cost

^[2],[4]

6,376

Fair Value

^[9]

$ 6,435

Variable rate

^[20]

7.25%

Floor

^[20]

2.00%

Investment interest rate

^[20]

12.76%

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(37)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

7.25%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: LLFLEX, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 10,795

^[32]

$ 10,835

^[33]

Cost

10,639

^[2],[4],[32]

10,656

^[6],[8],[33]

Fair Value

$ 9,176

^[9],[32]

$ 10,131

^[10],[33]

Variable rate

9.00%

^[20],[32]

9.00%

^[21],[33]

Floor

1.00%

^[20],[32]

1.00%

^[21],[33]

Investment interest rate

15.40%

^[20],[32]

13.75%

^[21],[33]

Investment, Identifier [Axis]: MAKO STEEL LP, First Lien

Schedule of Investments [Line Items]

Principal

$ 7,828

$ 7,879

Cost

7,743

^[2],[4]

7,778

^[6],[8]

Fair Value

$ 7,828

^[9]

$ 7,839

^[10]

Variable rate

7.00%

^[20]

7.25%

^[21]

Floor

0.75%

^[20]

0.75%

^[21]

Investment interest rate

12.56%

^[20]

12.30%

^[21]

Investment, Identifier [Axis]: MAKO STEEL LP, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 377

^[22]

$ 943

^[23]

Cost

359

^[2],[4],[22]

921

^[6],[8],[23]

Fair Value

$ 377

^[9],[22]

$ 939

^[10],[23]

Variable rate

7.00%

^[20],[22]

7.25%

^[21],[23]

Floor

0.75%

^[20],[22]

0.75%

^[21],[23]

Investment interest rate

12.31%

^[20],[22]

11.89%

^[21],[23]

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), First Lien

Schedule of Investments [Line Items]

Principal

$ 12,344

Cost

^[6],[8]

12,150

Fair Value

^[10]

$ 11,949

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.51%

^[20]

12.75%

^[21]

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), Second Lien

Schedule of Investments [Line Items]

Principal

$ 2,759

Cost

^[6],[8]

2,715

Fair Value

^[10]

$ 2,593

Variable rate

11.00%

^[20]

11.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

16.51%

^[20]

15.75%

^[21]

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), Series A units

Schedule of Investments [Line Items]

Principal

^[27],[28]

$ 0

Cost

^{[6],[8],[27],[28]}

Fair Value

^{[10],[27],[28]}

$ 770

Shares (in shares)

2,089,599

^{[16],[24],[26]}

2,089,599

^{[25],[27],[28]}

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 12,313

Cost

^[2],[4]

12,142

Fair Value

^[9]

11,451

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, Second Lien

Schedule of Investments [Line Items]

Principal

2,750

Cost

^[2],[4]

2,711

Fair Value

^[9]

2,448

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, Series A units

Schedule of Investments [Line Items]

Principal

^[16],[26]

Cost

^{[2],[4],[16],[26]}

Fair Value

^{[9],[16],[26]}

Investment, Identifier [Axis]: MICROBE FORMULAS LLC, First Lien

Schedule of Investments [Line Items]

Principal

10,578

$ 11,621

Cost

10,411

^[2],[4]

11,421

^[6],[8]

Fair Value

$ 10,578

^[9]

$ 11,505

^[10]

Variable rate

6.00%

^[20]

6.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.42%

^[20]

11.09%

^[21]

Investment, Identifier [Axis]: MICROBE FORMULAS LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(24)

^[2],[4],[22]

(27)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

6.00%

^[20],[22]

6.25%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, Class A units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,000

^{[2],[4],[16],[26]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,185

^{[9],[16],[26]}

$ 1,185

^{[10],[27],[28]}

Shares (in shares)

1,000,000

^{[16],[24],[26]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 21,800

Cost

21,495

^[2],[4]

21,457

^[6],[8]

Fair Value

$ 21,800

^[9]

$ 21,800

^[10]

Variable rate

7.25%

^[20]

7.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.65%

^[20]

11.99%

^[21]

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(57)

^[2],[4],[22]

(67)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.25%

^[20],[22]

7.25%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, Class A-3 Preferred units

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[26],[37]}

$ 0

^{[27],[28],[38]}

Cost

2,000

^{[2],[4],[16],[26],[37]}

2,000

^{[6],[8],[27],[28],[38]}

Fair Value

$ 2,000

^{[9],[16],[26],[37]}

$ 2,000

^{[10],[27],[28],[38]}

Shares (in shares)

191,049.33

^{[16],[24],[26],[37]}

191,049.33

^{[25],[27],[28],[38]}

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 9,716

Cost

9,582

^[2],[4]

9,564

^[6],[8]

Fair Value

$ 9,327

^[9]

$ 9,550

^[10]

Variable rate

6.50%

^[20]

6.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.85%

^[20]

11.25%

^[21]

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 9,716

Cost

9,581

^[2],[4]

9,563

^[6],[8]

Fair Value

$ 9,327

^[9]

$ 9,550

^[10]

Variable rate

7.50%

^[20]

7.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.85%

^[20]

12.25%

^[21]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan A

Schedule of Investments [Line Items]

Principal

$ 7,447

$ 7,478

Cost

7,361

^[2],[4]

7,375

^[6],[8]

Fair Value

$ 7,447

^[9]

$ 7,104

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.40%

^[20]

11.75%

^[21]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan B

Schedule of Investments [Line Items]

Principal

$ 7,447

$ 7,478

Cost

7,361

^[2],[4]

7,375

^[6],[8]

Fair Value

$ 7,447

^[9]

$ 6,356

^[10]

Variable rate

9.00%

^[20]

9.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

14.40%

^[20]

13.75%

^[21]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan C

Schedule of Investments [Line Items]

Principal

$ 5,163

$ 3,176

Cost

5,045

^[2],[4]

3,097

^[6],[8]

Fair Value

$ 5,163

^[9]

$ 3,097

^[10]

Variable rate

10.00%

^[20]

10.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

15.40%

^[20]

15.00%

^[21]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 5,000

$ 4,400

Cost

4,946

^[2],[4]

4,338

^[6],[8]

Fair Value

$ 5,000

^[9]

$ 4,180

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.40%

^[20]

12.75%

^[21]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(25)

^[2],[4],[22]

(28)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

8.00%

^[20],[22]

8.00%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 13,000

Cost

12,770

^[2],[4]

12,750

^[6],[8]

Fair Value

$ 13,000

^[9]

$ 12,753

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

13.45%

^[20]

12.79%

^[21]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 1,750

^[22]

$ 0

^[23]

Cost

1,682

^[2],[4],[22]

(76)

^[6],[8],[23]

Fair Value

$ 1,750

^[9],[22]

$ 0

^[10],[23]

Variable rate

8.00%

^[20],[22]

8.00%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment interest rate

^[20],[22]

13.45%

Investment, Identifier [Axis]: NINJATRADER, INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[23]

$ 0

Cost

^[6],[8],[23]

(28)

Fair Value

^[10],[23]

$ 0

Variable rate

^[21],[23]

6.25%

Floor

^[21],[23]

1.00%

Investment, Identifier [Axis]: NINJATRADER, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 21,869

$ 23,150

Cost

21,673

^[2],[4]

22,864

^[6],[8]

Fair Value

$ 21,869

^[9]

$ 23,150

^[10]

Variable rate

6.00%

^[20]

6.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.40%

^[20]

11.00%

^[21]

Investment, Identifier [Axis]: NINJATRADER, INC., Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[26],[37]}

$ 0

^{[27],[28],[38]}

Cost

2,000

^{[2],[4],[16],[26],[37]}

2,000

^{[6],[8],[27],[28],[38]}

Fair Value

$ 15,430

^{[9],[16],[26],[37]}

$ 11,138

^{[10],[27],[28],[38]}

Shares (in shares)

2,000,000

^{[16],[24],[26],[37]}

2,000,000

^{[25],[27],[28],[38]}

Investment, Identifier [Axis]: NINJATRADER, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(2)

^[2],[4],[22]

(3)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

6.00%

^[20],[22]

6.25%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: NWN PARENT HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 12,604

$ 12,688

Cost

12,461

^[2],[4]

12,519

^[6],[8]

Fair Value

$ 12,604

^[9]

$ 12,510

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

14.52%

^[20]

12.87%

^[21]

Investment, Identifier [Axis]: NWN PARENT HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 1,020

^[23]

Cost

(22)

^[2],[4],[22]

997

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 1,006

^[10],[23]

Variable rate

8.00%

^[20],[22]

8.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment interest rate

^[21],[23]

12.85%

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), First Lien

Schedule of Investments [Line Items]

Principal

$ 9,052

Cost

^[6],[8]

8,970

Fair Value

^[10]

$ 9,052

Variable rate

^[21]

6.50%

Floor

^[21]

1.00%

Investment interest rate

^[21]

11.50%

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Revolving Loan

Schedule of Investments [Line Items]

Principal

^[23]

$ 0

Cost

^[6],[8],[23]

(7)

Fair Value

^[10],[23]

$ 0

Variable rate

^[21],[23]

6.50%

Floor

^[21],[23]

1.00%

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Second Lien

Schedule of Investments [Line Items]

Principal

$ 3,000

Cost

^[6],[8]

2,755

Fair Value

^[10]

$ 3,000

Investment interest rate

^[21]

12.50%

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Warrants (Expiration - August 19, 2029)

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[6],[8]

207

Fair Value

^[10]

399

Investment, Identifier [Axis]: OPCO BORROWER, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 8,661

Cost

^[2],[4]

8,591

Fair Value

^[9]

$ 8,661

Variable rate

^[20]

6.50%

Floor

^[20]

1.00%

Investment interest rate

^[20]

11.99%

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(6)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

6.50%

Floor

^[20],[22]

1.00%

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Second Lien

Schedule of Investments [Line Items]

Principal

$ 3,000

Cost

^[2],[4]

2,773

Fair Value

^[9]

$ 3,000

Investment interest rate

^[20]

12.50%

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Warrants (Expiration - August 19, 2029)

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[2],[4]

207

Fair Value

^[9]

558

Investment, Identifier [Axis]: OUTERBOX, LLC, Class A common units

Schedule of Investments [Line Items]

Principal

^[16],[26]

^[27],[28]

Cost

631

^{[2],[4],[16],[26]}

631

^{[6],[8],[27],[28]}

Fair Value

$ 773

^{[9],[16],[26]}

$ 773

^{[10],[27],[28]}

Shares (in shares)

6,308.2584

^{[16],[24],[26]}

6,308.2584

^{[25],[27],[28]}

Investment, Identifier [Axis]: OUTERBOX, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 14,625

Cost

14,448

^[2],[4]

14,428

^[6],[8]

Fair Value

$ 14,625

^[9]

$ 14,552

^[10]

Variable rate

6.75%

^[20]

6.75%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.26%

^[20]

11.56%

^[21],[34]

Investment, Identifier [Axis]: OUTERBOX, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(22)

^[2],[4],[22]

(25)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

6.75%

^[20],[22]

6.75%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: PIPELINE TECHNIQUE LTD., First Lien

Schedule of Investments [Line Items]

Principal

$ 9,500

^[16]

$ 9,750

Cost

9,345

^[2],[4],[16]

9,574

^[6],[8]

Fair Value

$ 9,348

^[9],[16]

$ 9,565

^[10]

Variable rate

9.75%

^[16],[20]

7.25%

^[21]

Floor

1.00%

^[16],[20]

1.00%

^[21]

Investment interest rate

15.39%

^[16],[20]

12.32%

^[21]

Investment, Identifier [Axis]: PIPELINE TECHNIQUE LTD., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 1,389

^[16],[22]

$ 500

^[23]

Cost

1,337

^{[2],[4],[16],[22]}

441

^[6],[8],[23]

Fair Value

$ 1,367

^{[9],[16],[22]}

$ 490

^[10],[23]

Variable rate

8.75%

^{[16],[20],[22]}

6.25%

^[21],[23]

Floor

2.00%

^{[16],[20],[22]}

2.00%

^[21],[23]

Investment interest rate

17.25%

^[20],[22]

14.25%

^[21],[23]

Investment, Identifier [Axis]: RESEARCH NOW GROUP, INC., Second Lien

Schedule of Investments [Line Items]

Principal

$ 10,500

Cost

10,217

^[2],[4]

10,163

^[6],[8]

Fair Value

$ 5,513

^[9]

$ 6,431

^[10]

Variable rate

9.50%

^[20]

9.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

15.13%

^[20]

14.31%

^[21]

Investment, Identifier [Axis]: ROOF OPCO, LLC, Class A Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

750

^{[2],[4],[16],[26]}

750

^{[6],[8],[27],[28]}

Fair Value

$ 775

^{[9],[16],[26]}

$ 750

^{[10],[27],[28]}

Shares (in shares)

535,714.29

^{[16],[24],[26]}

535,714.29

^{[25],[27],[28]}

Investment, Identifier [Axis]: ROOF OPCO, LLC, Class B Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

250

Fair Value

^{[9],[16],[26]}

$ 262

Shares (in shares)

^{[16],[24],[26]}

250,000

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 21,633

Cost

^[6],[8]

21,267

Fair Value

^[10]

$ 21,071

Variable rate

^[21]

6.50%

Floor

^[21]

1.00%

Investment interest rate

^[21]

11.35%

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 13,261

Cost

^[2],[4]

13,041

Fair Value

^[9]

$ 12,731

Variable rate

^[20]

6.50%

Floor

^[20]

1.00%

Investment interest rate

^[20]

12.01%

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 13,261

Cost

^[2],[4]

13,041

Fair Value

^[9]

$ 12,731

Variable rate

^[20]

8.50%

Floor

^[20]

1.00%

Investment interest rate

^[20]

14.01%

Investment, Identifier [Axis]: ROOF OPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(36)

^[2],[4],[22]

(42)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.50%

^[20],[22]

6.50%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A Units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

1,517

^[2],[4]

1,517

^[6],[8]

Fair Value

$ 596

^[9]

$ 422

^[10]

Shares (in shares)

16,084

^[24]

16,084

^[25]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A-1 Units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

^[2],[4]

^[6],[8]

Fair Value

$ 173

^[9]

$ 161

^[10]

Shares (in shares)

1,100

^[24]

1,100

^[25]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A-2 Units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

202

^[2],[4]

202

^[6],[8]

Fair Value

$ 730

^[9]

$ 694

^[10]

Shares (in shares)

3,364

^[24]

3,364

^[25]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 14,978

$ 15,051

Cost

14,948

^[2],[4]

15,008

^[6],[8]

Fair Value

$ 14,888

^[9]

$ 14,524

^[10]

Variable rate

7.50%

^[20]

8.00%

^[21]

Floor

2.00%

^[20]

2.00%

^[21]

Investment interest rate

12.90%

^[20]

14.74%

^[21]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 300

^[22]

$ 575

^[23]

Cost

299

^[2],[4],[22]

566

^[6],[8],[23]

Fair Value

$ 298

^[9],[22]

$ 555

^[10],[23]

Variable rate

7.50%

^[20],[22]

8.00%

^[21],[23]

Floor

2.00%

^[20],[22]

2.00%

^[21],[23]

Investment interest rate

12.90%

^[20],[22]

14.74%

^[21],[23]

Investment, Identifier [Axis]: RTIC SUBSIDIARY HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 5,987

$ 6,166

Cost

5,954

^[2],[4]

6,123

^[6],[8]

Fair Value

$ 5,742

^[9]

$ 5,364

^[10]

Variable rate

7.75%

^[20]

7.75%

^[21]

Floor

1.25%

^[20]

1.25%

^[21]

Investment interest rate

13.18%

^[20]

12.52%

^[21]

Investment, Identifier [Axis]: RTIC SUBSIDIARY HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 712

^[22]

$ 822

^[23]

Cost

705

^[2],[4],[22]

813

^[6],[8],[23]

Fair Value

$ 683

^[9],[22]

$ 715

^[10],[23]

Variable rate

7.75%

^[20],[22]

7.75%

^[21],[23]

Floor

1.25%

^[20],[22]

1.25%

^[21],[23]

Investment interest rate

13.18%

^[20],[22]

12.56%

^[21],[23]

Investment, Identifier [Axis]: Roseland Management, LLC, Class A-1 Units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 173

$ 161

Shares (in shares)

1,100

Investment, Identifier [Axis]: Roseland Management, LLC, Class A-2 units

Schedule of Investments [Line Items]

Shares (in shares)

3,364

Investment, Identifier [Axis]: SCRIP INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 16,666

16,750

^[30]

Cost

16,577

^[2],[4]

16,634

^[6],[8],[30]

Fair Value

$ 16,500

^[9]

$ 15,594

^[10],[30]

Variable rate

8.00%

^[20]

10.98%

^[21],[30]

Floor

2.00%

^[20]

2.00%

^[21],[30]

Investment interest rate

13.46%

^[20]

15.83%

^[21],[30]

Investment, Identifier [Axis]: SCRIP INC., Shares of common stock

Schedule of Investments [Line Items]

Principal

$ 0

Cost

1,000

^[2],[4]

1,000

^[6],[8]

Fair Value

$ 751

^[9]

$ 751

^[10]

Shares (in shares)

100

^[24]

100

^[25]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Class A Common Units

Schedule of Investments [Line Items]

Principal

^[16]

$ 0

Cost

^[16]

^[2],[4]

^[6],[8]

Fair Value

^[16]

$ 66

^[9]

$ 85

^[10]

Shares (in shares)

^[16]

40,000

^[24]

40,000

^[25]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Class A Preferred Units

Schedule of Investments [Line Items]

Principal

^[16]

$ 0

Cost

^[16]

978

^[2],[4]

978

^[6],[8]

Fair Value

^[16]

$ 1,973

^[9]

$ 2,558

^[10]

Shares (in shares)

^[16]

1,200,000

^[24]

1,200,000

^[25]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., First Lien

Schedule of Investments [Line Items]

Principal

^[16]

$ 13,574

$ 13,643

Cost

^[16]

13,420

^[2],[4]

13,462

^[6],[8]

Fair Value

^[16]

$ 13,574

^[9]

$ 13,643

^[10]

Variable rate

^[16]

6.25%

^[20]

6.25%

^[21]

Floor

^[16]

1.00%

^[20]

1.00%

^[21]

Investment interest rate

^[16]

11.77%

^[20]

11.06%

^[21]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

^[16]

$ 0

^[22]

$ 0

^[23]

Cost

^[16]

(25)

^[2],[4],[22]

(30)

^[6],[8],[23]

Fair Value

^[16]

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

^[16]

6.25%

^[20],[22]

6.25%

^[21],[23]

Floor

^[16]

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

500

^{[2],[4],[16],[26]}

500

^{[6],[8],[27],[28]}

Fair Value

$ 411

^{[9],[16],[26]}

$ 411

^{[10],[27],[28]}

Shares (in shares)

238,095.24

^{[16],[24],[26]}

238,095.24

^{[25],[27],[28]}

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 11,237

$ 11,382

Cost

11,107

^[2],[4]

11,235

^[6],[8]

Fair Value

$ 10,934

^[9]

$ 11,040

^[10]

Variable rate

6.25%

^[20]

6.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.81%

^[20]

11.21%

^[21]

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 866

^[22]

$ 702

Cost

855

^[2],[4],[22]

694

^[6],[8]

Fair Value

$ 842

^[9],[22]

$ 681

^[10]

Variable rate

6.25%

^[20],[22]

6.25%

^[21]

Floor

1.00%

^[20],[22]

1.00%

^[21]

Investment interest rate

11.81%

^[20],[22]

11.23%

^[21]

Investment, Identifier [Axis]: SONOBI, INC., Class A Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

500

^{[2],[4],[16],[26]}

500

^{[6],[8],[27],[28]}

Fair Value

$ 2,002

^{[9],[16],[26]}

$ 1,749

^{[10],[27],[28]}

Shares (in shares)

500,000

^{[16],[24],[26]}

500,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: SOUTH COAST TERMINALS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 15,168

$ 17,839

Cost

14,959

^[2],[4]

17,560

^[6],[8]

Fair Value

$ 15,168

^[9]

$ 17,839

^[10]

Variable rate

5.75%

^[20]

5.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.45%

^[20]

10.03%

^[21]

Investment, Identifier [Axis]: SOUTH COAST TERMINALS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(25)

^[2],[4],[22]

(28)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

5.75%

^[20],[22]

5.25%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: SPECTRUM OF HOPE, LLC, Common units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,024

^{[2],[4],[16],[26]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,088

^{[9],[16],[26]}

$ 1,000

^{[10],[27],[28]}

Shares (in shares)

1,024,067

^{[16],[24],[26]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: SPECTRUM OF HOPE, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 22,245

$ 22,358

Cost

22,043

^[2],[4]

22,020

^[6],[8]

Fair Value

$ 21,600

^[9]

$ 21,934

^[10]

Variable rate

8.00%

^[20]

7.50%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.40%

^[20]

12.24%

^[21]

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, Common Units

Schedule of Investments [Line Items]

Principal

$ 0

^{[16],[26],[37]}

$ 0

^{[27],[28],[38]}

Cost

750

^{[2],[4],[16],[26],[37]}

750

^{[6],[8],[27],[28],[38]}

Fair Value

$ 972

^{[9],[16],[26],[37]}

$ 972

^{[10],[27],[28],[38]}

Shares (in shares)

750

^{[16],[24],[26],[37]}

750

^{[25],[27],[28],[38]}

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 7,075

$ 7,481

Cost

6,984

^[2],[4]

7,370

^[6],[8]

Fair Value

$ 7,075

^[9]

$ 7,481

^[10]

Variable rate

6.75%

^[20]

6.75%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.15%

^[20]

11.50%

^[21]

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(24)

^[2],[4],[22]

(28)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

6.75%

^[20],[22]

6.75%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: STATINMED, LLC, Class A Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

4,838

^[2],[4]

4,838

^[6],[8]

Fair Value

$ 0

^[9]

$ 3,767

^[10]

Shares (in shares)

4,718.62

^[24]

4,718.62

^[25]

Investment, Identifier [Axis]: STATINMED, LLC, Class B Preferred Units

Schedule of Investments [Line Items]

Principal

$ 0

Cost

1,400

^[2],[4]

1,400

^[6],[8]

Fair Value

$ 0

^[9]

$ 0

^[10]

Shares (in shares)

39,097.96

^[24]

39,097.96

^[25]

Investment, Identifier [Axis]: STATINMED, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 122

Cost

^[6],[8]

122

Fair Value

^[10]

$ 122

Variable rate

^[21]

9.50%

Floor

^[21]

2.00%

Investment interest rate

^[21]

14.28%

Investment, Identifier [Axis]: STATINMED, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 7,561

^[35]

$ 7,288

Cost

7,561

^[2],[4],[35]

7,288

^[6],[8]

Fair Value

$ 7,069

^[9],[35]

$ 7,288

^[10]

Variable rate

9.50%

^[20],[35]

9.50%

^[21]

Floor

2.00%

^[20],[35]

2.00%

^[21]

Investment interest rate

14.94%

^[20],[35]

14.28%

^[21]

Investment, Identifier [Axis]: STATinMED, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 122

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER LLC, 10,502,487.46 Preferred Units

Schedule of Investments [Line Items]

Principal

Cost

5,845

^[2],[4]

5,845

^[6],[8]

Fair Value

$ 5,845

^[9]

$ 5,845

^[10]

Shares (in shares)

10,502,487.46

^[24]

10,502,487.46

^[25]

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER LLC, First Lien

Schedule of Investments [Line Items]

Investment interest rate

8.50%

^[20]

8.50%

^[21]

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 8,889

Cost

8,741

^[2],[4]

8,727

^[6],[8]

Fair Value

8,720

^[9]

8,720

^[10]

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER, LLC, Preferred Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

$ 0

^{[9],[16],[26]}

$ 0

^{[10],[27],[28]}

Shares (in shares)

2,000,000

^{[16],[24],[26]}

2,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 8,000

Cost

^[2],[4]

7,840

Fair Value

^[9]

$ 7,840

Variable rate

^[20]

6.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

11.89%

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 8,000

Cost

^[2],[4]

7,840

Fair Value

^[9]

$ 7,840

Variable rate

^[20]

8.50%

Floor

^[20]

2.00%

Investment interest rate

^[20]

13.89%

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[22]

$ 0

Cost

^[2],[4],[22]

(30)

Fair Value

^[9],[22]

$ 0

Variable rate

^[20],[22]

7.50%

Floor

^[20],[22]

2.00%

Investment, Identifier [Axis]: SYSTEC CORPORATION (DBA INSPIRE AUTOMATION), First Lien

Schedule of Investments [Line Items]

Principal

$ 9,000

Cost

^[6],[8]

8,886

Fair Value

^[10]

$ 9,000

Variable rate

^[21]

7.50%

Floor

^[21]

1.00%

Investment interest rate

^[21]

12.25%

Investment, Identifier [Axis]: SYSTEC CORPORATION (DBA INSPIRE AUTOMATION), Revolving Loan

Schedule of Investments [Line Items]

Principal

^[23]

$ 1,600

Cost

^[6],[8],[23]

1,576

Fair Value

^[10],[23]

$ 1,600

Variable rate

^[21],[23]

7.50%

Floor

^[21],[23]

1.00%

Investment interest rate

^[21],[23]

12.32%

Investment, Identifier [Axis]: SYSTEC CORPORATION, First Lien - 1

Schedule of Investments [Line Items]

Principal

$ 9,000

Cost

^[2],[4]

8,908

Fair Value

^[9]

$ 8,973

Variable rate

^[20]

8.00%

Floor

^[20]

1.00%

Investment interest rate

^[20]

13.40%

Investment, Identifier [Axis]: SYSTEC CORPORATION, First Lien - 2

Schedule of Investments [Line Items]

Principal

$ 1,000

Cost

^[2],[4]

977

Fair Value

^[9]

$ 997

Variable rate

^[20]

8.00%

Floor

^[20]

1.00%

Investment interest rate

^[20]

13.39%

Investment, Identifier [Axis]: SYSTEC CORPORATION, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 2,000

Cost

^[2],[4]

1,981

Fair Value

^[9]

$ 1,994

Variable rate

^[20]

8.00%

Floor

^[20]

1.00%

Investment interest rate

^[20]

13.42%

Investment, Identifier [Axis]: Sonobi, Inc., Class A Common units

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 2,002

$ 1,749

Shares (in shares)

500,000

Investment, Identifier [Axis]: Student Resource Center LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 8,889

Fair Value

8,720

Investment, Identifier [Axis]: Student Resource Center LLC, Preferred units 1

Schedule of Investments [Line Items]

Principal

Fair Value

$ 5,845

5,845

Shares (in shares)

10,502,487.46

Investment, Identifier [Axis]: Student Resource Center LLC, Preferred units 2

Schedule of Investments [Line Items]

Principal

$ 0

Fair Value

$ 0

Shares (in shares)

2,000,000

Investment, Identifier [Axis]: THE PRODUCTO GROUP, LLC, Class A units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

^[27],[28]

Cost

1,500

^{[2],[4],[16],[26]}

1,500

^{[6],[8],[27],[28]}

Fair Value

$ 13,447

^{[9],[16],[26]}

$ 7,833

^{[10],[27],[28]}

Shares (in shares)

1,500,000

^{[16],[24],[26]}

1,500,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: THE PRODUCTO GROUP, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 17,447

$ 17,655

Cost

17,184

^[2],[4]

17,355

^[6],[8]

Fair Value

$ 17,447

^[9]

$ 17,655

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.43%

^[20]

12.92%

^[21]

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), Class A units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^{[27],[28],[38]}

Cost

1,205

^{[2],[4],[16],[26]}

1,205

^{[6],[8],[27],[28],[38]}

Fair Value

$ 1,187

^{[9],[16],[26]}

$ 1,509

^{[10],[27],[28],[38]}

Shares (in shares)

896.43

^{[16],[24],[26]}

896.43

^{[25],[27],[28],[38]}

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), First Lien

Schedule of Investments [Line Items]

Principal

$ 5,725

^[32]

$ 5,775

^[33]

Cost

5,686

^[2],[4],[32]

5,727

^[6],[8],[33]

Fair Value

$ 5,725

^[9],[32]

$ 5,775

^[10],[33]

Variable rate

7.00%

^[20],[32]

6.50%

^[21],[33]

Floor

1.00%

^[20],[32]

1.00%

^[21],[33]

Investment interest rate

12.40%

^[20],[32]

11.26%

^[21],[33]

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), Unsecured convertible note

Schedule of Investments [Line Items]

Principal

$ 75

^[16],[26]

$ 92

^[27],[28]

Cost

^{[2],[4],[16],[26]}

^{[6],[8],[27],[28]}

Fair Value

^{[9],[16],[26]}

^{[10],[27],[28]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-3 LP Units

Schedule of Investments [Line Items]

Principal

^[16],[26]

^[27],[28]

Cost

1,000

^{[2],[4],[16],[26]}

1,000

^{[6],[8],[27],[28]}

Fair Value

$ 1,137

^{[9],[16],[26]}

$ 1,354

^{[10],[27],[28]}

Shares (in shares)

1,000,000

^{[16],[24],[26]}

1,000,000

^{[25],[27],[28]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-4 LP Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

212

^{[2],[4],[16],[26]}

212

^{[6],[8],[27],[28]}

Fair Value

$ 231

^{[9],[16],[26]}

$ 278

^{[10],[27],[28]}

Shares (in shares)

211,862.61

^{[16],[24],[26]}

211,862.61

^{[25],[27],[28]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-5 LP Units

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

211

^{[2],[4],[16],[26]}

211

^{[6],[8],[27],[28]}

Fair Value

$ 227

^{[9],[16],[26]}

$ 275

^{[10],[27],[28]}

Shares (in shares)

211,465.87

^{[16],[24],[26]}

211,465.87

^{[25],[27],[28]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 15,800

$ 16,800

Cost

15,565

^[2],[4]

16,540

^[6],[8]

Fair Value

$ 15,800

^[9]

$ 16,800

^[10]

Variable rate

6.00%

^[20]

6.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.51%

^[20]

10.87%

^[21],[34]

Investment, Identifier [Axis]: USA DEBUSK, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 11,439

$ 11,498

Cost

11,326

^[2],[4]

11,367

^[6],[8]

Fair Value

$ 11,439

^[9]

$ 11,498

^[10]

Variable rate

6.00%

^[20]

5.75%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

11.42%

^[20]

10.59%

^[21]

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

$ 2,400

Cost

^[6],[8]

2,332

Fair Value

^[10]

$ 2,357

Variable rate

^[21]

8.00%

Floor

^[21]

1.00%

Investment interest rate

^[21]

13.16%

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 12,200

$ 13,500

Cost

11,963

^[2],[4]

13,256

^[6],[8]

Fair Value

$ 12,200

^[9]

$ 13,257

^[10]

Variable rate

7.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.53%

^[20]

12.85%

^[21]

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal

$ 12,200

Cost

^[2],[4]

11,963

Fair Value

^[9]

$ 12,200

Variable rate

^[20]

9.00%

Floor

^[20]

1.00%

Investment interest rate

^[20]

14.53%

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

Cost

(39)

^[2],[4],[22]

(44)

^[6],[8]

Fair Value

$ 0

^[9],[22]

$ 0

^[10]

Variable rate

8.00%

^[20],[22]

8.00%

^[21]

Floor

1.00%

^[20],[22]

1.00%

^[21]

Investment, Identifier [Axis]: VISTAR MEDIA INC., Shares of Series A preferred stock

Schedule of Investments [Line Items]

Principal

$ 0

^[16],[26]

$ 0

^[27],[28]

Cost

1,874

^{[2],[4],[16],[26]}

1,874

^{[6],[8],[27],[28]}

Fair Value

$ 8,791

^{[9],[16],[26]}

$ 9,054

^{[10],[27],[28]}

Shares (in shares)

171,617

^{[16],[24],[26]}

171,617

^{[25],[27],[28]}

Investment, Identifier [Axis]: VTX HOLDINGS, INC. (DBA VERTEX ONE), Series A Preferred units

Schedule of Investments [Line Items]

Principal

^[27],[28]

$ 0

Cost

^{[6],[8],[27],[28]}

1,598

Fair Value

^{[10],[27],[28]}

$ 2,694

Shares (in shares)

^{[25],[27],[28]}

1,597,707

Investment, Identifier [Axis]: VVTX HOLDINGS, INC. Series A Preferred units

Schedule of Investments [Line Items]

Principal

^[16],[26]

$ 0

Cost

^{[2],[4],[16],[26]}

1,598

Fair Value

^{[9],[16],[26]}

$ 2,670

Shares (in shares)

^{[16],[24],[26]}

1,597,707

Investment, Identifier [Axis]: WALL STREET PREP, INC., Class A-1 Preferred Shares

Schedule of Investments [Line Items]

Principal

$ 0

Cost

1,000

^[2],[4]

1,000

^[6],[8]

Fair Value

$ 1,404

^[9]

$ 1,205

^[10]

Shares (in shares)

1,000,000

^[24]

1,000,000

^[25]

Investment, Identifier [Axis]: WALL STREET PREP, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 9,377

$ 10,588

Cost

9,260

^[2],[4]

10,436

^[6],[8]

Fair Value

$ 9,377

^[9]

$ 10,588

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.40%

^[20]

11.75%

^[21]

Investment, Identifier [Axis]: WALL STREET PREP, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(11)

^[2],[4],[22]

(13)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.00%

^[20],[22]

7.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: WELL-FOAM, INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 14,631

$ 17,730

Cost

14,440

^[2],[4]

17,466

^[6],[8]

Fair Value

$ 14,631

^[9]

$ 17,730

^[10]

Variable rate

8.00%

^[20]

8.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

13.40%

^[20]

12.75%

^[21]

Investment, Identifier [Axis]: WELL-FOAM, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(55)

^[2],[4],[22]

(64)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

8.00%

^[20],[22]

8.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

^[23]

$ 0

Cost

^[6],[8],[23]

(32)

Fair Value

^[10],[23]

$ 0

Variable rate

^[21],[23]

7.00%

Floor

^[21],[23]

1.00%

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 22,734

$ 20,000

Cost

22,410

^[2],[4]

19,693

^[6],[8]

Fair Value

$ 22,552

^[9]

$ 20,000

^[10]

Variable rate

7.00%

^[20]

7.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.51%

^[20]

11.75%

^[21]

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 0

^[22]

$ 0

^[23]

Cost

(56)

^[2],[4],[22]

(65)

^[6],[8],[23]

Fair Value

$ 0

^[9],[22]

$ 0

^[10],[23]

Variable rate

7.00%

^[20],[22]

7.00%

^[21],[23]

Floor

1.00%

^[20],[22]

1.00%

^[21],[23]

Investment, Identifier [Axis]: ZENFOLIO INC., First Lien

Schedule of Investments [Line Items]

Principal

$ 18,839

$ 18,913

Cost

18,718

^[2],[4]

18,762

^[6],[8]

Fair Value

$ 18,462

^[9]

$ 18,478

^[10]

Variable rate

9.00%

^[20]

9.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

14.42%

^[20]

13.82%

^[21]

Investment, Identifier [Axis]: ZENFOLIO INC., Revolving Loan

Schedule of Investments [Line Items]

Principal

$ 2,000

Cost

1,995

^[2],[4]

1,994

^[6],[8]

Fair Value

$ 1,960

^[9]

$ 1,954

^[10]

Variable rate

9.00%

^[20]

9.00%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

14.42%

^[20]

13.82%

^[21]

Investment, Identifier [Axis]: ZIPS CAR WASH, LLC, Delayed Draw Term Loan - A

Schedule of Investments [Line Items]

Principal

$ 15,708

$ 15,840

Cost

15,519

^[2],[4]

15,611

^[6],[8]

Fair Value

$ 15,645

^[9]

$ 15,634

^[10]

Variable rate

7.25%

^[20]

7.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.67%

^[20]

12.15%

^[21]

Investment, Identifier [Axis]: ZIPS CAR WASH, LLC, Delayed Draw Term Loan - B

Schedule of Investments [Line Items]

Principal

$ 3,937

$ 3,970

Cost

3,892

^[2],[4]

3,914

^[6],[8]

Fair Value

$ 3,921

^[9]

$ 3,919

^[10]

Variable rate

7.25%

^[20]

7.25%

^[21]

Floor

1.00%

^[20]

1.00%

^[21]

Investment interest rate

12.67%

^[20]

12.12%

^[21],[34]

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	As of September 30, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $79.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $75.3 million. Cumulative net unrealized appreciation was $4.0 million, based on a tax cost of $1,349.6 million.
[3]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[4]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[5]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[6]	As of March 31, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $72.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $76.8 million. Cumulative net unrealized depreciation was $4.5 million, based on a tax cost of $1,210.8 million.
[7]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[8]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[9]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[10]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.
[11]	Non-Control/Non-Affiliate investments are generally defined by the 1940 Act, as investments that are neither control investments nor affiliate investments. At September 30, 2023, approximately 83.7% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 172.2%.
[12]	Non-Control/Non-Affiliate investments are generally defined by the Investment Company Act of 1940, as amended (the “1940 Act”), as investments that are neither control investments nor affiliate investments. At March 31, 2023, approximately 80.1% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 163.7%.
[13]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At September 30, 2023, approximately 12.4% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 25.5%.
[14]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At September 30, 2023, approximately 3.9% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.1%.
[15]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At March 31, 2023, approximately 4.2% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.7%.
[16]	Indicates assets that are not considered "qualifying assets" under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. As of September 30, 2023, approximately 14.9% of the Company's total assets (at fair value) were non-qualifying assets.
[17]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At March 31, 2023, approximately 15.6% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 31.9%.
[18]	The investment is structured as a first lien first out term loan.
[19]	The investment is structured as a first lien first out term loan.
[20]	The majority of investments bear interest at a rate that may be determined by reference to Secured Overnight Financing Rate ("SOFR"), London Interbank Offered Rate (“LIBOR” or “L”), or Prime (“P”) and reset daily (D), monthly (M), quarterly (Q), or semiannually (S). For each investment, the Company has provided the spread over SOFR, LIBOR or Prime and the current contractual interest rate in effect at September 30, 2023. Certain investments are subject to an interest rate floor. Certain investments, as noted, accrue payment-in-kind ("PIK") interest. SOFR based contracts may include a credit spread adjustment (the "Adjustment") that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of September 30, 2023, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.26161%.
[21]	The majority of investments bear interest at a rate that may be determined by reference to Secured Overnight Financing Rate ("SOFR"), London Interbank Offered Rate (“LIBOR” or “L”), or Prime (“P”) and reset daily (D), monthly (M), quarterly (Q), or semiannually (S). For each investment, the Company has provided the spread over SOFR, LIBOR or Prime and the current contractual interest rate in effect at March 31, 2023. Certain investments are subject to an interest rate floor. Certain investments, as noted, accrue payment-in-kind ("PIK") interest. SOFR based contracts may include a credit spread adjustment (the "Adjustment") that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of March 31, 2023, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.26161%.
[22]	The investment has an unfunded commitment as of September 30, 2023. Refer to Note 10 - Commitments and Contingencies for further discussion.
[23]	The investment has an unfunded commitment as of March 31, 2023. Refer to Note 11 - Commitments and Contingencies to our audited consolidated financial statements for further discussion.
[24]	All of the Company’s investments and the investments of SBIC I (as defined below), unless otherwise noted, are pledged as collateral for the Company’s senior secured credit facility or in support of the SBA-guaranteed debentures to be issued by Capital Southwest SBIC I, LP, the Company's wholly-owned subsidiary that operates as a small business investment company ("SBIC I"), respectively.
[25]	All of the Company’s investments and the investments of SBIC I (as defined below), unless otherwise noted, are pledged as collateral for the Company’s senior secured credit facility or in support of the SBA-guaranteed debentures to be issued by Capital Southwest SBIC I, LP, our wholly-owned subsidiary that operates as a small business investment company ("SBIC I"), respectively.
[26]	Investment is held through a wholly-owned taxable subsidiary.
[27]	Indicates assets that are not considered "qualifying assets" under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. As of March 31, 2023, approximately 13.9% of the Company's assets were non-qualifying assets.
[28]	Investment is held through a wholly-owned taxable subsidiary.
[29]	The investment is structured as a first lien last out term loan.
[30]	The investment is structured as a first lien last out term loan.
[31]	The rate presented represents a weighted-average rate for borrowings under the facility as of September 30, 2023.
[32]	The investment is structured as a split lien term loan, which provides the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor.
[33]	The investment is structured as a split lien term loan, which provides the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor.
[34]	The rate presented represents a weighted-average rate for borrowings under the facility as of March 31, 2023.
[35]	Investment is on non-accrual status as of September 30, 2023, meaning the Company has ceased to recognize interest income on the investment.
[36]	Investment is on non-accrual status as of March 31, 2023, meaning the Company has ceased to recognize interest income on the investment.
[37]	Income producing through dividends or distributions.
[38]	Income producing through dividends or distributions.

SHAREHOLDERS' EQUITY

6 Months Ended

Sep. 30, 2023

Equity [Abstract]

SHAREHOLDERS' EQUITY

Public Equity Offering

On November 17, 2022, the Company completed an underwritten public equity offering of 2,534,436 shares of common stock, including shares issuable pursuant to the underwriters' option to purchase additional shares, at a public offering price of $18.15 per share, raising $46.0 million of gross proceeds. Net proceeds were $44.1 million after deducting underwriting discounts and offering expenses.

Equity ATM Program

On March 4, 2019, the Company established the Equity ATM Program, pursuant to which the Company may offer and sell, from time to time through sales agents, shares of its common stock having an aggregate offering price of up to $50.0 million. On February 4, 2020, the Company (i) increased the maximum amount of shares of its common stock to be sold through the Equity ATM Program to $100.0 million from $50.0 million and (ii) added two additional sales agents to the Equity ATM Program. On May 26, 2021, the Company (i) increased the maximum amount of shares of its common stock to be sold

through the Equity ATM Program to $250.0 million from $100.0 million and (ii) reduced the commission paid to the sales agents for the Equity ATM Program to 1.5% from 2.0% of the gross sales price of shares of the Company's common stock sold through the sales agents pursuant to the Equity ATM Program on and after May 26, 2021. On August 2, 2022, the Company increased the maximum amount of shares of its common stock to be sold through the Equity ATM Program to $650.0 million from $250.0 million.

The following table summarizes certain information relating to shares sold under the Equity ATM Program:


	Three Months Ended September 30,
	2023		2022
Number of shares sold	1,100,000		1,381,716
Gross proceeds received (in thousands)	$	22,844	$	26,913
Net proceeds received (in thousands)1	$	22,501	$	26,509
Weighted average price per share	$	20.77	$	19.48

	Six Months Ended September 30,
	2023		2022
Number of shares sold	3,627,458		3,644,568
Gross proceeds received (in thousands)	$	68,416	$	73,666
Net proceeds received (in thousands)1	$	67,390	$	72,561
Weighted average price per share	$	18.86	$	20.21

1Net proceeds reflects proceeds after deducting commissions to the sales agents on shares sold and offering expenses.

Cumulative to date, the Company has sold 20,240,580 shares of its common stock under the Equity ATM Program at a weighted-average price of $20.41, raising $413.1 million of gross proceeds. Net proceeds were $406.5 million after commissions to the sales agents on shares sold. As of September 30, 2023, the Company has $236.9 million available under the Equity ATM Program.

Share Repurchases

The right to grant restricted stock awards under the 2010 Plan terminated on July 18, 2021, ten years after the date that the 2010 Plan was approved by the Company’s shareholders pursuant to its terms. In connection with the termination of the 2010 Plan, the Board of Directors and shareholders approved the 2021 Employee Plan, which became effective on July 28, 2021, as part of the compensation package for its employees, the terms of which are, in all material respects, identical to the 2010 Plan. On July 19, 2021, we received an exemptive order that supersedes the prior exemptive order relating to the 2010 Plan (the “Order”) to permit the Company to (i) issue restricted stock as part of the compensation package for its employees in the 2021 Employee Plan, and (ii) withhold shares of the Company’s common stock or purchase shares of the Company’s common stock from the participants to satisfy tax withholding obligations relating to the vesting of restricted stock pursuant to the 2021 Employee Plan.

In addition, the Board of Directors and shareholders approved the Capital Southwest Corporation 2021 Non-Employee Director Restricted Stock Plan (the "Non-Employee Director Plan"), which became effective on July 27, 2022, as part of the compensation package for non-employee directors of the Board of Directors. In connection therewith, on May 16, 2022, we received an exemptive order that supersedes the Order (the "Superseding Order") and covers both employees and non-employee directors of the Board of Directors.

The following table summarizes certain information relating to shares repurchased in connection with the vesting of restricted stock awards:


	Three Months Ended September 30,
	2023		2022
Number of shares repurchased	—		—
Aggregate cost of shares repurchased (in thousands)	$	—	$	—
Weighted average price per share	$	—	$	—

	Six Months Ended September 30,
	2023		2022
Number of shares repurchased	46,581		29,673
Aggregate cost of shares repurchased (in thousands)	$	924,955	$	641
Weighted average price per share	$	19.86	$	21.60

On July 28, 2021, the Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $20 million of its outstanding shares of common stock in the open market at certain thresholds below its NAV per share, in accordance with guidelines specified in Rules 10b5-1(c)(1)(i)(B) and 10b-18 under the Exchange Act. On August 31, 2021, the Company entered into a share repurchase agreement, which became effective immediately, and the Company will cease purchasing its common stock under the share repurchase program upon the earlier of, among other things: (1) the date on which the aggregate purchase price for all shares equals $20 million including, without limitation, all applicable fees, costs and expenses; or (2) upon written notice by the Company to the broker that the share repurchase agreement is terminated. During the three and six months ended September 30, 2023 and 2022, the Company did not repurchase any shares under the share repurchase program.

Treasury Stock

On April 26, 2023, the Board of Directors approved the cancellation of 2,339,512 shares of treasury stock, which increased authorized and unissued shares by the same amount.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

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-Topic 505
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-URI https://asc.fasb.org//1943274/2147481112/505-10-50-18

+ Details

INCOME TAXES (Tables)

6 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Net Assets Resulting from Operations to Estimated RIC Taxable Income

The following reconciles net increase in net assets resulting from operations to estimated RIC taxable income for the six months ended September 30, 2023 and 2022:


	Six Months Ended September 30,
Reconciliation of RIC Distributable Income1	2023		2022
Net increase in net assets from operations	$	46,436	$	11,968
Net unrealized (appreciation) depreciation on investments	(7,439)		8,599
(Expense/loss) income/gain recognized for tax on pass-through entities	(4,184)		35
(Gain) loss recognized on dispositions	(1,641)		(159)
Capital loss carryover2	16,733		6,622
Net operating income - wholly-owned subsidiary	(2,990)		(1,568)
Dividend income from wholly-owned subsidiary	—		745
Non-deductible tax expense	252		251
Loss on extinguishment of debt	(1,363)		(1,363)
Non-deductible compensation	1,785		1,644
Compensation related book/tax differences	(3,851)		(3,583)
Interest on non-accrual loans	2,999		1,992
Other book/tax differences	2,525		805
Estimated distributable income before deductions for distributions	$	49,262	$	25,988

1The calculation of taxable income for each period is an estimate and will not be finally determined until the Company files its tax return each year. Final taxable income may be different than this estimate.

2At September 30, 2023, the Company had long-term capital loss carryforwards of $46.9 million to offset future capital gains. These capital loss carryforwards are not subject to expiration.

Schedule of Deferred Tax Assets and Liabilities

The following table sets forth the significant components of the deferred tax assets and liabilities as of September 30, 2023 and March 31, 2023 (amounts in thousands):


	September 30, 2023		March 31, 2023
Deferred tax asset:
Net operating loss carryforwards	$	159	$	—
Interest	966		219
Total deferred tax asset	1,125		219
Deferred tax liabilities:
Net unrealized appreciation on investments	(10,350)		(11,413)
Net basis differences in portfolio investments	(1,133)		(923)
Total deferred tax liabilities	(11,483)		(12,336)
Total net deferred tax (liabilities) assets	$	(10,358)	$	(12,117)

COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Unused Commitments to Extend Credit

The balances of unfunded debt commitments as of September 30, 2023 and March 31, 2023 were as follows (amounts in thousands):


	September 30,		March 31,
Portfolio Company	2023		2023
Revolving Loans

Acacia BuyerCo V LLC	$	2,000	$	2,000
Acceleration, LLC	2,800		1,300
Air Conditioning Specialist, Inc.	175		1,200
American Teleconferencing Services, Ltd.	—		154
ArborWorks, LLC	—		1,000
ATS Operating, LLC	1,500		2,000
Bond Brand Loyalty ULC	2,000		—

Catbird NYC, LLC	2,500		4,000
Cavalier Buyer, Inc.	2,000		2,000
Central Medical Supply LLC	1,200		1,200
Damotech Inc.	3,000		—
Edge Autonomy Holdings, LLC	4,000		—
Exact Borrower, LLC	2,500		2,500

FM Sylvan, Inc.	10,000		8,000
FS Vector LLC	2,000		—
Gains Intermediate, LLC	2,500		2,500
GPT Industries, LLC	3,000		3,000
GrammaTech, Inc.	2,500		2,500
Gulf Pacific Acquisition, LLC	1,010		657
HH-Inspire Acquisition, Inc.	199		—
Institutes of Health, LLC	1,000		—
ISI Enterprises, LLC	2,000		2,000
Island Pump and Tank, LLC	1,500		1,000
ITA Holdings Group, LLC	3,525		—
Lash OpCo, LLC	202		138
Lighting Retrofit International, LLC	2,083		2,083
Lightning Intermediate II, LLC	1,296		1,852
LKC Technologies, Inc.	2,000		—
Mako Steel LP	1,509		943
Microbe Formulas LLC	1,627		1,627
Muenster Milling Company, LLC	7,000		7,000

New Skinny Mixes, LLC	2,250		4,000
NinjaTrader, Inc.	2,500		2,500


	September 30,		March 31,
Portfolio Company	2023		2023
NWN Parent Holdings, LLC	1,800		480
Opco Borrower, LLC	833		833
Outerbox, LLC	2,000		2,000
Pipeline Technique Ltd.	1,944		2,833
Roof OpCo, LLC	3,056		3,056
Roseland Management, LLC	1,700		1,425
RTIC Subsidiary Holdings LLC	658		548
Shearwater Research, Inc.	2,446		2,446
SIB Holdings, LLC	23		—
South Coast Terminals LLC	1,935		1,935
Spotlight AR, LLC	2,000		2,000
Swensons Drive-In Restaurants, LLC	1,500		—
Systec Corporation	—		400
Versicare Management LLC	2,500		2,500
Wall Street Prep, Inc.	1,000		1,000
Well-Foam, Inc.	4,500		4,500
Winter Services Operations, LLC	4,444		4,444

Total Revolving Loans	105,715		87,554
Delayed Draw Term Loans
AAC New Holdco Inc.	166		199
Acacia BuyerCo V LLC	2,500		2,500
Acceleration, LLC	—		5,000
Central Medical Supply LLC	1,400		1,400
CityVet, Inc.	5,000		—
Damotech Inc.	3,000		—
Exact Borrower, LLC	—		2,500
Gains Intermediate, LLC	5,000		5,000
Gulf Pacific Acquisition, LLC	1,212		1,212
Infolinks Media Buyco, LLC	900		2,250
ITA Holdings Group, LLC	2,969		—
KMS, LLC	—		2,286
New Skinny Mixes, LLC	3,000		3,000
NinjaTrader, Inc.	—		4,692
Versicare Management LLC	—		2,600
Winter Services Operations, LLC	—		4,444
Total Delayed Draw Term Loans	25,147		37,083
Total Unfunded Debt Commitments	$	130,862	$	124,637

The balances of unfunded equity commitments as of September 30, 2023 and March 31, 2023 were as follows (amounts in thousands):


	September 30, 2023		March 31, 2023
Unfunded Equity Commitments
Catbird NYC, LLC	$	125	$	125
Infolinks Media Buyco, LLC	412		412

Total Unfunded Equity Commitments	$	537	$	537

Schedule of Unfunded Debt

The following table provides additional information regarding the expiration year of the Company’s unfunded debt commitments (amounts in thousands):


	September 30, 2023		March 31, 2023
Unfunded Debt Commitments
Expiring during:

2024	$	11,566	$	31,625
2025	15,911		10,637
2026	10,021		6,712
2027	35,880		38,062
2028	39,149		35,318
2029	18,335		2,283
Total Unfunded Debt Commitments	$	130,862	$	124,637

Schedule of Future Minimum Payments

The following table shows future minimum payments under the Company's operating leases as of September 30, 2023 (in thousands):


Year ending March 31,	Rent Commitment
2024	$	206
2025	416
2026	426
2027	436
2028	446
Thereafter	2,132
Total	$	4,062

Cover - shares	6 Months Ended
Cover - shares	Sep. 30, 2023	Oct. 27, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	814-00061
Entity Registrant Name	CAPITAL SOUTHWEST CORPORATION
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	75-1072796
Entity Address, Address Line One	8333 Douglas Avenue
Entity Address, Address Line Two	Suite 1100
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75225
City Area Code	214
Local Phone Number	238-5700
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		39,951,118
Entity Central Index Key	0000017313
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--03-31
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $0.25 par value per share
Trading Symbol	CSWC
Security Exchange Name	NASDAQ
August 2028 Notes
Document Information [Line Items]
Title of 12(b) Security	7.75% Notes due 2028
Trading Symbol	CSWCZ
Security Exchange Name	NASDAQ

Schedule of Investments in and Advances to Affiliates

6 Months Ended

Sep. 30, 2023

Investments in and Advances to Affiliates [Abstract]

Schedule of Investments in and Advances to Affiliates

SCHEDULE 12-14

Schedule of Investments in and Advances to Affiliates

(In thousands)


Portfolio Company	Type of Investment (1)	September 30, 2023 Principal Amount - Debt Investments		Amount of Interest or Dividends Credited in Income (2)		Fair Value at March 31, 2023		Gross Additions (3)		Gross Reductions (4)		Amount of Realized Gain/(Loss) (5)		Amount of Unrealized Gain/(Loss)		Fair Value at September 30, 2023
Control Investments
I-45 SLF LLC	80% LLC equity interest	$	—	$	4,310	$	51,256	$	—	$	—	$	—	$	2,166	$	53,422
Total Control Investments		$	—	$	4,310	$	51,256	$	—	$	—	$	—	$	2,166	$	53,422

Affiliate Investments
Air Conditioning Specialists, Inc.	Revolving Loan	$	825	$	41	$	800	$	604	$	(575)	$	15	$	(19)	$	825
	First Lien	14,836		1,577		27,438		1,356		(13,897)		174		(235)		14,836
	766,738.93 Preferred Units	—		—		1,202		—		—		—		900		2,102
Catbird NYC, LLC	Revolving Loan	1,500		19		—		1,508		—		—		(8)		1,500
	First Lien	15,300		984		15,500		31		(200)		—		(31)		15,300
	1,000,000 Class A Units	—		6		1,658		—		—		—		—		1,658
	500,000 Class B Units	—		1		714		—		—		—		—		714
Central Medical Supply LLC	Revolving Loan	300		29		296		3		—		—		1		300
	First Lien	7,506		586		7,402		22		—		—		82		7,506
	Delayed Draw Term Loan	100		14		99		3		—		—		(2)		100
	1,987,930 Preferred Units	—		—		357		121		—		—		369		847
Chandler Signs, LLC	1,500,000 units of Class A-1 common stock	—		59		3,215		—		(3,402)		1,902		(1,715)		—
Delphi Intermediate Healthco LLC	First Lien	—		—		—		—		—		(1,649)		1,649		—
	First Lien	—		—		—		—		—		(1,829)		1,829		—
	Protective Advance	—		—		—		—		—		(1,448)		1,448		—
	1,681.04 Common Units	—		—		—		—		—		(3,615)		3,615		—


Portfolio Company	Type of Investment (1)	September 30, 2023 Principal Amount - Debt Investments	Amount of Interest or Dividends Credited in Income (2)	Fair Value at March 31, 2023	Gross Additions (3)	Gross Reductions (4)	Amount of Realized Gain/(Loss) (5)	Amount of Unrealized Gain/(Loss)	Fair Value at September 30, 2023
Dynamic Communities, LLC	First Lien - Term Loan A	4,038	194	3,823	194	—	—	(3)	4,014
	First Lien - Term Loan B	4,101	234	3,843	234	—	—	(1)	4,076
	250,000 Class A Preferred units	—	—	625	—	—	—	—	625
	5,435,211.03 Class B Preferred units	—	—	2,218	—	—	—	—	2,218
	255,984.22 Class C Preferred units	—	—	—	—	—	—	—	—
	2,500,000 Common units	—	—	—	—	—	—	—	—
GPT Industries, LLC	Revolving Loan	—	14	—	6	—	—	(6)	—
	First lien	6,073	443	6,030	9	(77)	—	111	6,073
	1,000,000 Class A Preferred Units	—	—	1,000	—	—	—	469	1,469
GrammaTech, Inc.	Revolving Loan	—	4	—	4	—	—	(4)	—
	First Lien	2,000	657	10,031	17	(8,031)	39	(56)	2,000
	1,000 Class A units	—	—	—	—	—	—	—	—
	360.06 Class A-1 units	—	—	372	—	—	—	(372)	—
ITA Holdings Group, LLC	Revolving Loan	—	269	7,014	(34)	(7,005)	—	25	—
	First Lien - Term Loan	—	282	10,114	6	(10,145)	—	25	—
	First Lien - Term Loan B	—	189	5,068	17	(5,073)	—	(12)	—
	First Lien - PIK Note A	—	88	3,255	168	(3,427)	—	4	—
	First Lien - PIK Note B	—	3	128	6	(134)	—	—	—
	First Lien - Term Loan	12,901	665	—	10,850	—	—	2,051	12,901
	First Lien - Term Loan B	12,901	734	—	10,846	—	—	2,055	12,901
	Delayed Draw Term Loan	—	6	—	(28)	—	—	28	—
	Warrants	—	—	4,046	—	—	—	(41)	4,005
	Warrants	—	—	—	3,791	—	—	78	3,869
	9.25% Class A membership interest	—	25	4,348	—	—	—	(1,974)	2,374


Portfolio Company	Type of Investment (1)	September 30, 2023 Principal Amount - Debt Investments		Amount of Interest or Dividends Credited in Income (2)		Fair Value at March 31, 2023		Gross Additions (3)		Gross Reductions (4)		Amount of Realized Gain/(Loss) (5)		Amount of Unrealized Gain/(Loss)		Fair Value at September 30, 2023
Lighting Retrofit International, LLC (DBA Envocore)	Revolving Loan	—		5		—		—		—		—		—		—
	First Lien	5,117		196		5,143		—		(26)		—		(138)		4,979
	Second Lien	5,208		—		3,594		—		—		—		1,323		4,917
	208,333.3333 Series A Preferred units	—		—		—		—		—		—		—		—
	203,124.9999 Common units	—		—		—		—		—		—		—		—
Outerbox, LLC	Revolving Loan	—		6		—		3		—		—		(3)		—
	First Lien	14,625		918		14,552		20		—		—		53		14,625
	6,308.2584 Class A common units	—		—		773		—		—		—		—		773
Roseland Management, LLC	Revolving Loan	300		38		555		8		(275)		—		10		298
	First Lien	14,978		917		14,524		12		(72)		—		424		14,888
	3,364 Class A-2 Units	—		—		694		—		—		—		36		730
	1,100 Class A-1 units	—		—		161		—		—		—		12		173
	16,084 Class A units	—		—		422		—		—		—		174		596
Sonobi, Inc.	500,000 Class A Common units	—		—		1,749		—		—		—		253		2,002
STATinMED, LLC	First Lien	7,561		276		7,288		272		—		—		(491)		7,069
	Delayed Draw Term Loan	—		1		122		2		(124)		1		(1)		—
	4,718.62 Class A Preferred Units	—		—		3,767		—		—		—		(3,767)		—
	39,097.96 Class B Preferred Units	—		—		—		—		—		—		—		—
Student Resource Center LLC	First Lien	8,889		393		8,720		14		—		—		(14)		8,720
	10,502,487.46 Preferred units	—		—		5,845		—		—		—		—		5,845
	2,000,000 Preferred units	—		—		—		—		—		—		—		—
Total Affiliate Investments		$	139,059	$	9,873	$	188,505	$	30,065	$	(52,463)	(6,410)		$	8,131	$	167,828
Total Control & Affiliate Investments		$	139,059	$	14,183	$	239,761	$	30,065	$	(52,463)	$	(6,410)	$	10,297	$	221,250

(1)The principal amount and ownership detail as shown in the Consolidated Schedules of Investments.

(2)Represents the total amount of interest or dividends credited to income for the portion of the year an investment was included in the Control or Affiliate categories, respectively.

(3)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments, accrued PIK interest, and accretion of OID. Gross additions also include movement of an existing portfolio company into this category and out of a different category.

(4)Gross reductions include decreases in the cost basis of investments resulting from principal repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross reductions also include movement of an existing portfolio company out of this category and into a different category.

(5)The schedule does not reflect realized gains or losses on escrow receivables for investments which were previously exited and were not held during the period presented. Gains and losses on escrow receivables are classified in the Consolidated Statements of Operations according to the control classification at the time the investment was exited.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)		3 Months Ended		6 Months Ended		12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Jul. 18, 2021	Sep. 30, 2023 USD ($) investment	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) investment	Sep. 30, 2022 USD ($)	Mar. 31, 2023 USD ($) investment
Accounting Policies [Abstract]
FDIC Insured amount		$ 7,100,000		$ 7,100,000		$ 8,900,000
FDIC uninsured amount		$ 21,700,000		$ 21,700,000		$ 20,300,000
Concentration Risk [Line Items]
Non-cash interest income percent		3.40%	3.60%	3.20%	3.70%
Number of PIK investments \| investment		4		4		3
Non-cash PIK interest income percent		3.60%	5.20%	3.80%	4.20%
Interest or penalties expense		$ 0	$ 0	$ 0	$ 0
Restricted Stock \| 2010 Plan
Concentration Risk [Line Items]
Right to grant period	10 years
Percentage of Total Portfolio at Fair Value \| Credit risk \| Investment Owned, Non-accrual Status
Concentration Risk [Line Items]
Percent of total investment portfolio's fair value				2.00%		0.30%
Percentage of Total Portfolio at Cost \| Credit risk \| Investment Owned, Non-accrual Status
Concentration Risk [Line Items]
Percent of total investment portfolio's fair value				2.90%		1.30%

STOCK BASED COMPENSATION PLANS

6 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

STOCK BASED COMPENSATION PLANS

Under the 2010 Plan and the 2021 Employee Plan, a restricted stock award is an award of shares of our common stock, which have full voting and dividend rights but are restricted with regard to sale or transfer. Restricted stock awards are independent of stock grants and are generally subject to forfeiture if employment terminates prior to these restrictions lapsing. Unless otherwise specified in the award agreement, these shares vest in equal annual installments over a four-year period from the grant date and are expensed over the vesting period starting on the grant date.

In connection with the termination of the 2010 Plan, the Board of Directors and shareholders approved the 2021 Employee Plan as part of the compensation packages for its employees, the terms of which are, in all material respects, identical to the 2010 Plan. The 2021 Employee Plan makes available for issuance 1,200,000 shares of common stock. As of September 30, 2023, there are 722,267 shares of common stock available for issuance under the 2021 Employee Plan.

In addition, the Board of Directors and shareholders approved the Non-Employee Director Plan as part of the compensation package for non-employee directors of the Board of Directors. Under the Non-Employee Director Plan, at the beginning of each one-year term of service on our Board, each non-employee director will receive a number of shares equivalent to $50,000 based on the market value at the close of the Nasdaq Global Select Market on the date of grant. These shares will vest one year from the date of the grant and are expensed over the one-year term of non-employee directors. The Non-Employee Director Plan makes available for issuance 120,000 shares of common stock. As of September 30, 2023, there were 96,695 shares of common stock available for issuance under the Non-Employee Director Plan.

We expense the cost of the restricted stock awards, which is determined to equal the fair value of the restricted stock award at the date of grant on a straight-line basis over the requisite service period. For these purposes, the fair value of the restricted stock award is determined based upon the closing price of our common stock on the date of the grant.

During the three months ended September 30, 2023 and 2022, we recognized total share based compensation expense of $1.2 million (of which $0.1 million was related to restricted stock issued to non-employee directors) and $1.1 million (of which $35.5 thousand was related to restricted stock issued to non-employee directors), respectively, related to the restricted stock issued. During the six months ended September 30, 2023 and 2022, we recognized total share based compensation expense of $2.2 million (of which $0.1 million was related to restricted stock issued to non-employee directors) and $1.9 million (of which $35.5 thousand was related to restricted stock issued to non-employee directors), respectively, related to the restricted stock issued.

As of September 30, 2023, the total remaining unrecognized compensation expense related to non-vested restricted stock awards was $10.6 million, which will be amortized over the weighted-average vesting period of approximately 2.8 years.

The following table summarizes the restricted stock outstanding under the 2010 Plan and the 2021 Employee Plan as of September 30, 2023:


		Weighted Average		Weighted Average
		Fair Value Per		Remaining Vesting
Restricted Stock Awards	Number of Shares	Share at grant date		Term (in Years)




Unvested at March 31, 2023	432,711	$	21.61	2.4
Granted	284,407	19.86		—
Vested	(139,386)	20.91		—
Forfeited	(1,791)	23.91		—
Unvested at September 30, 2023	575,941	$	20.91	2.8

The following table summarizes the restricted stock outstanding under the Non-Employee Director Plan as of September 30, 2023:


		Weighted Average		Weighted Average
		Fair Value Per		Remaining Vesting
Restricted Stock Awards	Number of Shares	Share at grant date		Term (in Years)
Unvested at March 31, 2023	12,105	$	20.66	0.4
Granted	11,200	—		—
Vested	(12,105)	—		—
Forfeited	—	—		—
Unvested at September 30, 2023	11,200	$	22.33	0.9

SUMMARY OF PER SHARE INFORMATION (Details) - $ / shares	3 Months Ended		6 Months Ended
SUMMARY OF PER SHARE INFORMATION (Details) - $ / shares	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Mar. 31, 2023
Per Share Data:
Investment income (in usd per share)			$ 2.15	$ 1.84
Operating expenses (in usd per share)			(0.82)	(0.81)
Income taxes (in usd per share)			0.01	(0.02)
Net investment income (in usd per share)			1.34	1.01
Net realized (loss) gain, net of tax (in usd per share)			(0.32)	(0.24)
Net unrealized (depreciation) appreciation on investments, net of tax (in usd per share)			0.19	(0.32)
Realized loss on extinguishment of debt (in usd per share)			(0.01)	0
Total increase from investment operations (in usd per share)			1.20	0.45
Accretive effect of share issuances and repurchases (in usd per share)			0.20	0.39
Dividends to shareholders (in usd per share)			(1.21)	(1.13)
Issuance of restricted stock (in usd per share)			(0.13)	(0.14)
Common stock withheld for payroll taxes upon vesting of restricted stock (in usd per share)			(0.05)	(0.01)
Share based compensation expense (in usd per share)			0.06	0.07
Other (in usd per share)			0.02	0.04
(Decrease) increase in net asset value (in usd per share)			0.09	(0.33)
Net asset value
Beginning of period (in usd per share)			16.37	16.86
End of period (in usd per share)	$ 16.46	$ 16.53	$ 16.46	$ 16.53
Ratios and Supplemental Data
Ratio of operating expenses to average net assets			9.90%	9.76%
Ratio of net investment income to average net assets			16.15%	12.07%
Portfolio turnover			4.59%	9.01%
Total investment return			36.14%	(24.06%)
Total return based on change in NAV			7.94%	4.74%
Per share market value at the end of the period (in usd per share)	$ 22.90	$ 16.94	$ 22.90	$ 16.94
Weighted average shares outstanding – basic (in share)	39,698,396	27,987,699	38,653,879	26,757,376
Weighted average shares outstanding – diluted (in share)	39,698,396	27,987,699	38,653,879	26,757,376
Common shares outstanding at end of period (in shares)	39,951,118	28,782,000	39,951,118	28,782,000	36,076,425

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Commitments

In the normal course of business, the Company is a party to financial instruments with off-balance sheet risk, consisting primarily of unused commitments to extend financing to the Company’s portfolio companies. Because commitments may expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. Additionally, our commitment to fund delayed draw term loans generally is triggered upon the satisfaction of certain pre-negotiated terms and conditions, such as meeting certain financial performance hurdles or financial covenants, which may limit a borrower's ability to draw on such delayed draw term loans.

The balances of unfunded debt commitments as of September 30, 2023 and March 31, 2023 were as follows (amounts in thousands):


	September 30,		March 31,
Portfolio Company	2023		2023
Revolving Loans

Acacia BuyerCo V LLC	$	2,000	$	2,000
Acceleration, LLC	2,800		1,300
Air Conditioning Specialist, Inc.	175		1,200
American Teleconferencing Services, Ltd.	—		154
ArborWorks, LLC	—		1,000
ATS Operating, LLC	1,500		2,000
Bond Brand Loyalty ULC	2,000		—

Catbird NYC, LLC	2,500		4,000
Cavalier Buyer, Inc.	2,000		2,000
Central Medical Supply LLC	1,200		1,200
Damotech Inc.	3,000		—
Edge Autonomy Holdings, LLC	4,000		—
Exact Borrower, LLC	2,500		2,500

FM Sylvan, Inc.	10,000		8,000
FS Vector LLC	2,000		—
Gains Intermediate, LLC	2,500		2,500
GPT Industries, LLC	3,000		3,000
GrammaTech, Inc.	2,500		2,500
Gulf Pacific Acquisition, LLC	1,010		657
HH-Inspire Acquisition, Inc.	199		—
Institutes of Health, LLC	1,000		—
ISI Enterprises, LLC	2,000		2,000
Island Pump and Tank, LLC	1,500		1,000
ITA Holdings Group, LLC	3,525		—
Lash OpCo, LLC	202		138
Lighting Retrofit International, LLC	2,083		2,083
Lightning Intermediate II, LLC	1,296		1,852
LKC Technologies, Inc.	2,000		—
Mako Steel LP	1,509		943
Microbe Formulas LLC	1,627		1,627
Muenster Milling Company, LLC	7,000		7,000

New Skinny Mixes, LLC	2,250		4,000
NinjaTrader, Inc.	2,500		2,500


	September 30,		March 31,
Portfolio Company	2023		2023
NWN Parent Holdings, LLC	1,800		480
Opco Borrower, LLC	833		833
Outerbox, LLC	2,000		2,000
Pipeline Technique Ltd.	1,944		2,833
Roof OpCo, LLC	3,056		3,056
Roseland Management, LLC	1,700		1,425
RTIC Subsidiary Holdings LLC	658		548
Shearwater Research, Inc.	2,446		2,446
SIB Holdings, LLC	23		—
South Coast Terminals LLC	1,935		1,935
Spotlight AR, LLC	2,000		2,000
Swensons Drive-In Restaurants, LLC	1,500		—
Systec Corporation	—		400
Versicare Management LLC	2,500		2,500
Wall Street Prep, Inc.	1,000		1,000
Well-Foam, Inc.	4,500		4,500
Winter Services Operations, LLC	4,444		4,444

Total Revolving Loans	105,715		87,554
Delayed Draw Term Loans
AAC New Holdco Inc.	166		199
Acacia BuyerCo V LLC	2,500		2,500
Acceleration, LLC	—		5,000
Central Medical Supply LLC	1,400		1,400
CityVet, Inc.	5,000		—
Damotech Inc.	3,000		—
Exact Borrower, LLC	—		2,500
Gains Intermediate, LLC	5,000		5,000
Gulf Pacific Acquisition, LLC	1,212		1,212
Infolinks Media Buyco, LLC	900		2,250
ITA Holdings Group, LLC	2,969		—
KMS, LLC	—		2,286
New Skinny Mixes, LLC	3,000		3,000
NinjaTrader, Inc.	—		4,692
Versicare Management LLC	—		2,600
Winter Services Operations, LLC	—		4,444
Total Delayed Draw Term Loans	25,147		37,083
Total Unfunded Debt Commitments	$	130,862	$	124,637

The following table provides additional information regarding the expiration year of the Company’s unfunded debt commitments (amounts in thousands):


	September 30, 2023		March 31, 2023
Unfunded Debt Commitments
Expiring during:

2024	$	11,566	$	31,625
2025	15,911		10,637
2026	10,021		6,712
2027	35,880		38,062
2028	39,149		35,318
2029	18,335		2,283
Total Unfunded Debt Commitments	$	130,862	$	124,637

The balances of unfunded equity commitments as of September 30, 2023 and March 31, 2023 were as follows (amounts in thousands):


	September 30, 2023		March 31, 2023
Unfunded Equity Commitments
Catbird NYC, LLC	$	125	$	125
Infolinks Media Buyco, LLC	412		412

Total Unfunded Equity Commitments	$	537	$	537

As of September 30, 2023, total revolving and delayed draw loan commitments included commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies. As of September 30, 2023, the Company had $0.9 million in letters of credit issued and outstanding under these commitments on behalf of portfolio companies. For all of these letters of credit issued and outstanding, the Company would be required to make payments to third parties if the portfolio companies were to default on their related payment obligations. Of these letters of credit, $0.4 million expire in February 2024, $0.2 million expire in April 2024 and $0.3 million expire in August 2024. As of September 30, 2023, none of the letters of credit issued and outstanding were recorded as a liability on the Company's balance sheet as such letters of credit are considered in the valuation of the investments in the portfolio company.

Effective April 1, 2019, ASC 842 required that a lessee evaluate its leases to determine whether they should be classified as operating or financing leases. The Company previously had an operating lease for its office space that commenced October 1, 2014 and expired February 28, 2022. In March 2021, the Company executed an agreement to lease new office space that commenced on February 1, 2022 and expires September 30, 2032. The Company identified the foregoing as an operating lease.

ASC 842 indicates that an ROU asset and lease liability should be recorded based on the effective date. As such, CSWC recorded an ROU asset, which is included in other assets on the Consolidated Statements of Assets and Liabilities, and a lease liability, which is included in other liabilities on the Consolidated Statements of Assets and Liabilities, as of February 1, 2022. The Company has recorded lease expense on a straight-line basis.

Total lease expense incurred for each of the three months ended September 30, 2023 and 2022 was $63.1 thousand. Total lease expense incurred for each of the six months ended September 30, 2023 and 2022 was $126.1 thousand. As of both September 30, 2023 and March 31, 2023, the asset related to the operating lease was $1.8 million and the lease liability was $2.7 million and $2.8 million, respectively. As of September 30, 2023, the remaining lease term was 9.0 years and the discount rate was 7.70%.

The following table shows future minimum payments under the Company's operating leases as of September 30, 2023 (in thousands):


Year ending March 31,	Rent Commitment
2024	$	206
2025	416
2026	426
2027	436
2028	446
Thereafter	2,132
Total	$	4,062

Contingencies

We may, from time to time, be involved in litigation arising out of our operations in the normal course of business or otherwise. Furthermore, third parties may try to seek to impose liability on us in connection with the activities of our portfolio companies. To our knowledge, we have no currently pending material legal proceedings to which we are party or to which any of our assets are subject.

SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Shares Sold

The following table summarizes certain information relating to shares sold under the Equity ATM Program:


	Three Months Ended September 30,
	2023		2022
Number of shares sold	1,100,000		1,381,716
Gross proceeds received (in thousands)	$	22,844	$	26,913
Net proceeds received (in thousands)1	$	22,501	$	26,509
Weighted average price per share	$	20.77	$	19.48

	Six Months Ended September 30,
	2023		2022
Number of shares sold	3,627,458		3,644,568
Gross proceeds received (in thousands)	$	68,416	$	73,666
Net proceeds received (in thousands)1	$	67,390	$	72,561
Weighted average price per share	$	18.86	$	20.21

1Net proceeds reflects proceeds after deducting commissions to the sales agents on shares sold and offering expenses.

Schedule of Share Repurchases

The following table summarizes certain information relating to shares repurchased in connection with the vesting of restricted stock awards:


	Three Months Ended September 30,
	2023		2022
Number of shares repurchased	—		—
Aggregate cost of shares repurchased (in thousands)	$	—	$	—
Weighted average price per share	$	—	$	—

	Six Months Ended September 30,
	2023		2022
Number of shares repurchased	46,581		29,673
Aggregate cost of shares repurchased (in thousands)	$	924,955	$	641
Weighted average price per share	$	19.86	$	21.60

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

N-2 - $ / shares

6 Months Ended

Sep. 30, 2023

Mar. 31, 2023

Sep. 30, 2022

Mar. 31, 2022

Cover [Abstract]

Entity Central Index Key

0000017313

Amendment Flag

false

Securities Act File Number

814-00061

Document Type

10-Q

Entity Registrant Name

CAPITAL SOUTHWEST CORPORATION

Entity Address, Address Line One

8333 Douglas Avenue

Entity Address, Address Line Two

Suite 1100

Entity Address, City or Town

Dallas

Entity Address, State or Province

Entity Address, Postal Zip Code

75225

City Area Code

214

Local Phone Number

238-5700

Entity Emerging Growth Company

false

General Description of Registrant [Abstract]

Investment Objectives and Practices [Text Block]

We are an internally managed closed-end, non-diversified management investment company that has elected to be regulated as a BDC under the 1940 Act. We specialize in providing customized debt and equity financing to LMM companies and debt capital to UMM companies in a broad range of investment segments located primarily in the United States. Our investment objective is to produce attractive risk-adjusted returns by generating current income from our debt investments and capital appreciation from our equity and equity related investments. Our investment strategy is to partner with business owners, management teams and financial sponsors to provide flexible financing solutions to fund growth, changes of control, or other corporate events. We invest primarily in senior debt securities, secured by security interests in portfolio company assets. We also invest in equity interests in our portfolio companies alongside our debt securities.

We focus on investing in companies with histories of generating revenues and positive cash flow, established market positions and proven management teams with strong operating discipline. We primarily target senior debt and equity investments in LMM companies, and opportunistically target first and second lien loans in UMM companies. Our target LMM companies typically have annual EBITDA between $3.0 million and $20.0 million, and our LMM investments generally range in size from $5.0 million to $35.0 million. Our UMM investments generally include first and second lien loans in companies with EBITDA generally greater than $20.0 million, and our UMM investments typically range in size from $5.0 million to $20.0 million.

We seek to fill the financing gap for LMM companies, which, historically, have had more limited access to financing from commercial banks and other traditional sources. The underserved nature of the LMM creates the opportunity for us to meet the financing needs of LMM companies while also negotiating favorable transaction terms and equity participations. Our ability to invest across a LMM company’s capital structure, from secured loans to equity securities, allows us to offer portfolio companies a comprehensive suite of financing options. Providing customized financing solutions is important to LMM companies. We generally seek to partner directly with financial sponsors, entrepreneurs, management teams and business owners in making our investments. Our LMM debt investments typically include senior loans with a first lien on the assets of the portfolio company. Our LMM debt investments typically have a term of between five and seven years from the original investment date. We also often seek to invest in the equity securities of our LMM portfolio companies.

Our investments in UMM companies primarily consist of direct investments in or secondary purchases of interest bearing debt securities in privately held companies that are generally larger in size than the LMM companies included in our

portfolio. Our UMM debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have an expected duration of between three and seven years from the original investment date.

Because we are internally managed, we do not pay any external investment advisory fees, but instead directly incur the operating costs associated with employing investment and portfolio management professionals. We believe that our internally managed structure provides us with a beneficial operating expense structure when compared to other publicly traded and privately held investment firms that are externally managed, and our internally managed structure allows us the opportunity to leverage our non-interest operating expenses as we grow our investment portfolio. For the six months ended September 30, 2023 and 2022, the ratio of our last twelve months ("LTM") operating expenses, excluding interest expense, as a percentage of our LTM average total assets was 1.84% and 1.99%, respectively.

Risk Factors [Table Text Block]

Risk Factors

Investing in our common stock involves a number of significant risks. There have been no material changes to the risk factors as previously disclosed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2023 that we filed with the SEC on May 23, 2023, other than the risk factor listed below:

The alternative reference rates that have replaced LIBOR in our credit arrangements and other financial instruments may not yield the same or similar economic results as LIBOR over the life of such transactions.

The London Interbank Offered Rate (“LIBOR”) is an index rate that historically was widely used in lending transactions and was a common reference rate for setting the floating interest rate on private loans. LIBOR was typically the reference rate used in floating-rate loans extended to our portfolio companies.

The ICE Benchmark Administration (“IBA”) (the entity that is responsible for calculating LIBOR) ceased providing overnight, one, three, six and twelve months USD LIBOR tenors on June 30, 2023. In addition, the United Kingdom’s Financial Conduct Authority (“FCA”), which oversees the IBA, now prohibits entities supervised by the FCA from using LIBORs, including USD LIBOR, except in very limited circumstances.

In the United States, the Secured Overnight Financing Rate (“SOFR”) is the preferred alternative rate for LIBOR. SOFR is a measure of the cost of borrowing cash overnight, collateralized by U.S. Treasury securities, and is based on directly observable U.S. Treasury-backed repurchase transactions. SOFR is published by the Federal Reserve Bank of New York each U.S. Government Securities Business Day, for transactions made on the immediately preceding U.S. Government Securities Business Day. Alternative reference rates that may replace LIBOR, including SOFR for USD transactions, may not yield the same or similar economic results as LIBOR over the lives of such transactions.

Substantially all of our loans that referenced LIBOR have been amended to reference the forward-looking term rate published by CME Group Benchmark Administration Limited based on the secured overnight financing rate (“CME Term SOFR”). CME Term SOFR rates are forward-looking rates that are derived by compounding projected overnight SOFR rates over one, three, and six months taking into account the values of multiple consecutive, executed, one-month and three-month CME Group traded SOFR futures contracts and, in some cases, over-the-counter SOFR Overnight Indexed Swaps as an indicator of CME Term SOFR reference rate values. CME Term SOFR and the inputs on which it is based are derived from SOFR. Since CME Term SOFR is a relatively new market rate, there will likely be no established trading market for credit agreements or other financial instruments when they are issued, and an established market may never develop or may not be liquid. Market terms for instruments referencing CME Term SOFR rates may be lower than those of later-issued CME Term SOFR indexed instruments. Similarly, if CME Term SOFR does not prove to be widely used, the trading price of instruments referencing CME Term SOFR may be lower than those of instruments indexed to indices that are more widely used.

NAV Per Share

$ 16.46

$ 16.37

$ 16.53

$ 16.86

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt [Table Text Block]

In accordance with the 1940 Act, effective April 25, 2019, the Company is only allowed to borrow amounts such that its asset coverage (i.e., the ratio of assets less liabilities not represented by senior securities to senior securities such as borrowings), calculated pursuant to the 1940 Act, is at least 150% after such borrowing. The Board of Directors also approved a resolution that limits the Company’s issuance of senior securities such that the asset coverage ratio, taking into account any such issuance, would not be less than 166%, which became effective April 25, 2019. On August 11, 2021, we received an exemptive order from SEC to permit us to exclude the senior securities issued by SBIC I or any future SBIC subsidiary of the Company from the definition of senior securities in the asset coverage requirement applicable to the Company under the 1940 Act. As of September 30, 2023, the Company’s asset coverage was 229%.

Credit Facility

In August 2016, CSWC entered into a senior secured revolving credit facility (the “Credit Facility”) to provide additional liquidity to support its investment and operational activities.

On August 2, 2023, the Company entered into the Third Amended and Restated Senior Secured Revolving Credit Agreement (as amended or otherwise modified from time to time, the "Credit Agreement"). Borrowings under the Credit Facility accrue interest at a rate equal to the applicable Adjusted Term SOFR plus 2.15% per annum. The Credit Agreement (1) increased commitments under the Credit Facility from $400 million to $435 million from a diversified group of lenders; (2) added an uncommitted accordion feature that could increase the maximum commitments up to $750 million; (3) extended the

end of the Credit Facility's revolving period from August 9, 2025 to August 2, 2027 and extended the final maturity from August 9, 2026 to August 2, 2028; and (4) amended several financial covenants.

CSWC pays unused commitment fees of 0.50% to 1.00% per annum, based on utilization, on the unused lender commitments under the Credit Facility. The Credit Facility contains certain affirmative and negative covenants, including but not limited to: (1) certain reporting requirements, (2) maintaining RIC and BDC status, (3) maintaining a minimum senior coverage ratio of 2.00 to 1, (4) maintaining a minimum shareholders’ equity, (5) maintaining a minimum consolidated net worth, (6) maintaining a regulatory asset coverage of not less than 150%, and (7) maintaining an interest coverage ratio of at least 2.00 to 1.

The Credit Agreement also contains customary events of default, including, without limitation, nonpayment, misrepresentation of representations and warranties in a material respect, breach of covenant, bankruptcy, and change of control, with customary cure and notice provisions. If the Company defaults on its obligations under the Credit Agreement, the lenders may have the right to foreclose upon and sell, or otherwise transfer, the collateral subject to their security interests.

The Credit Facility is secured by (1) substantially all of the present and future property and assets of the Company and the guarantors and (2) 100% of the equity interests in the Company’s wholly-owned subsidiary. As of September 30, 2023, substantially all of the Company’s assets were pledged as collateral for the Credit Facility, except for assets held by SBIC I.

At September 30, 2023, CSWC had $250.0 million in borrowings outstanding under the Credit Facility. CSWC recognized interest expense related to the Credit Facility, including unused commitment fees and amortization of deferred loan costs, of $4.3 million and $9.3 million for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, CSWC recognized interest expense of $2.9 million and $4.8 million, respectively. The weighted average interest rate on the Credit Facility was 7.70% and 7.52% and for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, the weighted average interest rate on the Credit Facility was 4.46% and 3.86%, respectively. Average borrowings for the three and six months ended September 30, 2023 were $185.1 million and $106.1 million, respectively. For the three and six months ended September 30, 2022, average borrowings were $214.6 million and $198.8 million, respectively. As of September 30, 2023 and 2022, CSWC was in compliance with all financial covenants under the Credit Agreement.

January 2026 Notes

As of September 30, 2023, the carrying amount of the January 2026 Notes was $139.2 million on an aggregate principal amount of $140.0 million at a weighted average effective yield of 4.46%. As of September 30, 2023, the fair value of the January 2026 Notes was $117.3 million. This is a Level 3 fair value measurement under ASC 820 based on a valuation model using a discounted cash flow analysis. The Company recognized interest expense related to the January 2026 Notes, including amortization of deferred issuance costs, of $1.7 million and $3.3 million, respectively, for each of the three and six months ended September 30, 2023 and 2022. For each of the three and six months ended September 30, 2023 and 2022, average borrowings were $140.0 million.

the 1940 Act, or any successor provisions, after giving effect to any exemptive relief granted to the Company by the SEC and subject to certain other exceptions, and to provide financial information to the holders of the January 2026 Notes and the trustee under the indenture if the Company is no longer subject to the reporting requirements under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These covenants are subject to important limitations and exceptions that are described in the indenture and the third supplemental indenture relating to the January 2026 Notes.

In addition, holders of the January 2026 Notes can require the Company to repurchase some or all of the January 2026 Notes at a purchase price equal to 100% of their principal amount, plus accrued and unpaid interest to, but not including, the repurchase date upon the occurrence of a “Change of Control Repurchase Event,” as defined in the third supplemental indenture relating to the January 2026 Notes.

October 2026 Notes

As of September 30, 2023, the carrying amount of the October 2026 Notes was $147.6 million on an aggregate principal amount of $150.0 million at a weighted average effective yield of 3.5%. As of September 30, 2023, the fair value of the October 2026 Notes was $126.1 million. This is a Level 3 fair value measurement under ASC 820 based on a valuation model using a discounted cash flow analysis. The Company recognized interest expense related to the October 2026 Notes, including amortization of deferred issuance costs, of $1.5 million and $2.9 million for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, the Company recognized interest expense of $1.4 million and $2.9 million, respectively. For each of the three and six months ended September 30, 2023 and 2022, average borrowings were $150.0 million.

The indenture governing the October 2026 Notes contains certain covenants, including certain covenants requiring the Company to comply with Section 18(a)(1)(A) as modified by Section 61(a)(2) of the 1940 Act, or any successor provisions, whether or not the Company continues to be subject to such provisions of the 1940 Act, but giving effect, in either case, to any exemptive relief granted to the Company by the SEC, to comply with Section 18(a)(1)(B) as modified by Section 61(a)(2) of the 1940 Act, or any successor provisions, after giving effect to any exemptive relief granted to the Company by the SEC and subject to certain other exceptions, and to provide financial information to the holders of the October 2026 Notes and the trustee under the indenture if the Company is no longer subject to the reporting requirements under the Exchange Act. These covenants are subject to important limitations and exceptions that are described in the indenture and the fourth supplemental indenture relating to the October 2026 Notes.

In addition, holders of the October 2026 Notes can require the Company to repurchase some or all of the October 2026 Notes at a purchase price equal to 100% of their principal amount, plus accrued and unpaid interest to, but not including, the repurchase date upon the occurrence of a “Change of Control Repurchase Event,” as defined in the fourth supplemental indenture relating to the October 2026 Notes.

August 2028 Notes

year, beginning on August 1, 2023. The August 2028 Notes are the direct unsecured obligations of the Company, rank pari passu with the Company's other outstanding and future unsecured unsubordinated indebtedness and are effectively or structurally subordinated to all of the Company's existing and future secured indebtedness, including borrowings under the Credit Facility and the SBA Debentures. The August 2028 Notes are listed on the Nasdaq Global Select Market under the trading symbol "CSWCZ."

As of September 30, 2023, the carrying amount of the August 2028 Notes was $69.4 million on an aggregate principal amount of $71.9 million at a weighted average effective yield of 7.75%. As of September 30, 2023, the fair value of the August 2028 Notes was $73.6 million. The fair value is based on the closing price of the security on The Nasdaq Global Select Market, which is a Level 1 input under ASC 820. The Company recognized interest expense related to the August 2028 Notes, including amortization of deferred issuance costs, of $1.5 million and $1.8 million for the three and six months ended September 30, 2023, respectively. Since the issuance of the August 2028 Notes on June 14, 2023 through September 30, 2023, average borrowings were $71.9 million.

The indenture governing the August 2028 Notes contains certain covenants, including certain covenants requiring the Company to comply with Section 18(a)(1)(A) as modified by Section 61(a)(2) of the 1940 Act, or any successor provisions, whether or not the Company continues to be subject to such provisions of the 1940 Act, but giving effect, in either case, to any exemptive relief granted to the Company by the SEC, to comply with Section 18(a)(1)(B) as modified by Section 61(a)(2) of the 1940 Act, or any successor provisions, after giving effect to any exemptive relief granted to the Company by the SEC and subject to certain other exceptions, and to provide financial information to the holders of the August 2028 Notes and the trustee under the indenture if the Company is no longer subject to the reporting requirements under the Exchange Act. These covenants are subject to important limitations and exceptions that are described in the indenture and the fifth supplemental indenture relating to the August 2028 Notes.

SBA Debentures

On April 20, 2021, SBIC I received a license from the SBA to operate as an SBIC under Section 301(c) of the Small Business Investment Act of 1958, as amended. The license allows SBIC I to obtain leverage by issuing SBA Debentures, subject to the issuance of a leverage commitment by the SBA. SBA Debentures are loans issued to an SBIC which have interest payable semi-annually and a ten-year maturity. The interest rate is fixed shortly after issuance at a market-driven spread over U.S. Treasury Notes with ten-year maturities. Interest on SBA Debentures is payable semi-annually on March 1 and September 1. Current statutes and regulations permit SBIC I to borrow up to $175 million in SBA Debentures with at least $87.5 million in regulatory capital (as defined in the SBA regulations).

On May 25, 2021, SBIC I received a leverage commitment from the SBA in the amount of $40.0 million to be issued on or prior to September 30, 2025. On January 28, 2022, SBIC I received an additional leverage commitment in the amount of $40.0 million to be issued on or prior to September 30, 2026. On November 22, 2022, SBIC I received an additional leverage commitment in the amount of $50.0 million to be issued on or prior to September 30, 2027. The SBA may limit the amount that may be drawn each year under these commitments, and each issuance of leverage is conditioned on the Company’s full compliance, as determined by the SBA, with the terms and conditions set forth in the SBA regulations. As of September 30, 2023, SBIC I had regulatory capital of $87.5 million and leverageable capital of $79.0 million. As of September 30, 2023, all approved SBA Debenture commitments have been utilized.

As of September 30, 2023, the carrying amount of SBA Debentures was $126.4 million on an aggregate principal amount of $130.0 million. As of September 30, 2023, the fair value of the SBA Debentures was $116.2 million. The fair value of the SBA Debentures is estimated by discounting the remaining payments using current market rates for similar instruments and considering such factors as the legal maturity date and the ability of market participants to prepay the SBA Debentures, which are Level 3 inputs under ASC 820. The Company recognized interest expense and fees related to SBA Debentures of $1.5 million and $2.9 million for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, the Company recognized interest expense of $0.6 million and $1.0 million, respectively. The weighted average interest rate on the SBA Debentures was 4.23% and 4.09% for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, the weighted average interest rate on the SBA Debentures was 2.58% and 2.55%, respectively. For the three and six months ended September 30, 2023, average borrowings were $128.2 million and $126.0 million, respectively. For the three and six months ended September 30, 2022, average borrowings were $80.0 million and $65.9 million, respectively.

As of September 30, 2023, the Company's issued and outstanding SBA Debentures mature as follows (amounts in thousands):


Pooling Date (1)	Maturity Date	Fixed Interest Rate	September 30, 2023
9/22/2021	9/1/2031	1.575%	$	15,000
3/23/2022	3/1/2032	3.209%	25,000
9/21/2022	9/1/2032	4.435%	40,000
3/22/2023	3/1/2033	5.215%	40,000
9/20/2023	9/1/2033	5.735%	10,000
			$	130,000

Alternative Reference Rates Economic Results Risk [Member]

General Description of Registrant [Abstract]

Risk [Text Block]

January 2026 Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

January 2026 Notes

Long Term Debt, Structuring [Text Block]

In December 2020, the Company issued $75.0 million in aggregate principal amount of 4.50% Notes due 2026 (the "Existing January 2026 Notes"). The Existing January 2026 Notes were issued at par. In February 2021, the Company issued an additional $65.0 million in aggregate principal amount of the January 2026 Notes (the "Additional January 2026 Notes" together with the Existing January 2026 Notes, the "January 2026 Notes"). The Additional January 2026 Notes were issued at a price of 102.11% of the aggregate principal amount of the Additional January 2026 Notes, resulting in a yield-to-maturity of approximately 4.0% at issuance. The Additional January 2026 Notes are treated as a single series with the Existing January 2026 Notes under the indenture and have the same terms as the Existing January 2026 Notes. The January 2026 Notes mature on January 31, 2026 and may be redeemed in whole or in part at any time prior to October 31, 2025, at par plus a "make-whole" premium, and thereafter at par. The January 2026 Notes bear interest at a rate of 4.50% per year, payable semi-annually on January 31 and July 31 of each year. The January 2026 Notes are the direct unsecured obligations of the Company, rank pari passu with the Company's other outstanding and future unsecured unsubordinated indebtedness and are effectively or structurally subordinated to all of the Company's existing and future secured indebtedness, including borrowings under the Credit Facility and the SBA Debentures.As of September 30, 2023, the carrying amount of the January 2026 Notes was $139.2 million on an aggregate principal amount of $140.0 million at a weighted average effective yield of 4.46%. As of September 30, 2023, the fair value of the January 2026 Notes was $117.3 million. This is a Level 3 fair value measurement under ASC 820 based on a valuation model using a discounted cash flow analysis. The Company recognized interest expense related to the January 2026 Notes, including amortization of deferred issuance costs, of $1.7 million and $3.3 million, respectively, for each of the three and six months ended September 30, 2023 and 2022. For each of the three and six months ended September 30, 2023 and 2022, average borrowings were $140.0 million.

Long Term Debt, Dividends and Covenants [Text Block]

October 2026 Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

October 2026 Notes

Long Term Debt, Structuring [Text Block]

In August 2021, the Company issued $100.0 million in aggregate principal amount of 3.375% Notes due 2026 (the "Existing October 2026 Notes"). The Existing October 2026 Notes were issued at a price of 99.418% of the aggregate principal amount of the Existing October 2026 Notes, resulting in a yield-to-maturity of 3.5%. In November 2021, the Company issued an additional $50.0 million in aggregate principal amount of the October 2026 Notes (the "Additional October 2026 Notes" together with the Existing October 2026 Notes, the "October 2026 Notes"). The Additional October 2026 Notes were issued at a price of 99.993% of the aggregate principal amount, resulting in a yield-to-maturity of approximately 3.375% at issuance. The Additional October 2026 Notes are treated as a single series with the Existing October 2026 Notes under the indenture and have the same terms as the Existing October 2026 Notes. The October 2026 Notes mature on October 1, 2026 and may be redeemed in whole or in part at any time prior to July 1, 2026, at par plus a "make-whole" premium, and thereafter at par. The October 2026 Notes bear interest at a rate of 3.375% per year, payable semi-annually in arrears on April 1 and October 1 of each year. The October 2026 Notes are the direct unsecured obligations of the Company, rank pari passu with the Company's other outstanding and future unsecured unsubordinated indebtedness and are effectively or structurally subordinated to all of the Company's existing and future secured indebtedness, including borrowings under the Credit Facility and the SBA Debentures.As of September 30, 2023, the carrying amount of the October 2026 Notes was $147.6 million on an aggregate principal amount of $150.0 million at a weighted average effective yield of 3.5%. As of September 30, 2023, the fair value of the October 2026 Notes was $126.1 million. This is a Level 3 fair value measurement under ASC 820 based on a valuation model using a discounted cash flow analysis. The Company recognized interest expense related to the October 2026 Notes, including amortization of deferred issuance costs, of $1.5 million and $2.9 million for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, the Company recognized interest expense of $1.4 million and $2.9 million, respectively. For each of the three and six months ended September 30, 2023 and 2022, average borrowings were $150.0 million.

Long Term Debt, Dividends and Covenants [Text Block]

August 2028 Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

August 2028 Notes

Long Term Debt, Structuring [Text Block]

Long Term Debt, Dividends and Covenants [Text Block]

Credit Facility [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

Credit Facility

Long Term Debt, Structuring [Text Block]

In August 2016, CSWC entered into a senior secured revolving credit facility (the “Credit Facility”) to provide additional liquidity to support its investment and operational activities.

Long Term Debt, Dividends and Covenants [Text Block]

SBA Debentures [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

SBA Debentures

Long Term Debt, Structuring [Text Block]

As of September 30, 2023, the Company's issued and outstanding SBA Debentures mature as follows (amounts in thousands):


Pooling Date (1)	Maturity Date	Fixed Interest Rate	September 30, 2023
9/22/2021	9/1/2031	1.575%	$	15,000
3/23/2022	3/1/2032	3.209%	25,000
9/21/2022	9/1/2032	4.435%	40,000
3/22/2023	3/1/2033	5.215%	40,000
9/20/2023	9/1/2033	5.735%	10,000
			$	130,000

INCOME TAXES

6 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

INCOME TAXES

We have elected, and intend to qualify annually, to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code and have a tax year end of December 31. In order to qualify as a RIC, we must annually distribute at least 90% of our investment company taxable income, as defined by the Code, to our shareholders in a timely manner. Investment company income generally includes net short-term capital gains but excludes net long-term capital gains. A RIC is not subject to federal income tax on the portion of its ordinary income and capital gains that is distributed to its shareholders, including “deemed distributions” as discussed below. As part of maintaining RIC tax treatment, undistributed taxable income and capital gain, which is subject to a 4% non-deductible U.S. federal excise tax, pertaining to a given fiscal year may be distributed up to 12 months subsequent to the end of that fiscal year, provided such dividends are declared on or prior to the later of (1) the extended due date of the U.S. federal income tax return for the applicable fiscal year and (2) the fifteenth day of the ninth month following the close of the year in which such taxable income was generated.

As of September 30, 2023, CSWC qualified for RIC tax treatment. We intend to meet the applicable qualifications to be taxed as a RIC in future periods. However, the Company’s ability to meet certain portfolio diversification requirements of RICs in future years may not be controllable by the Company.

The determination of the tax attributes for CSWC’s distributions is made annually, based upon its taxable income for the full year and distributions paid for the full year. Therefore, any determination made on an interim basis is forward-looking based on currently available facts, rules and assumptions and may not be representative of the actual tax attributes of distributions for a full year.

During the quarter ended September 30, 2023, CSWC declared and paid a quarterly dividend in the amount of $24.8 million, or $0.62 per share ($0.56 per share in regular dividends and $0.06 per share in supplemental dividends). During the quarter ended June 30, 2023, CSWC declared and paid a quarterly dividend in the amount of $22.9 million, or $0.59 per share ($0.54 per share in regular dividends and $0.05 per share in supplemental dividends). During the quarter ended March 31, 2023, CSWC declared and paid a quarterly dividend in the amount of $20.9 million, or $0.58 per share ($0.53 per share in regular dividends and $0.05 per share in supplemental dividends).

Ordinary dividend distributions from a RIC do not qualify for the 20% maximum tax rate on dividend income from domestic corporations and qualified foreign corporations, except to the extent that the RIC received the income in the form of qualifying dividends from domestic corporations and qualified foreign corporations. The tax attributes for distributions will generally include both ordinary income and capital gains, but may also include qualified dividends or return of capital.

The following reconciles net increase in net assets resulting from operations to estimated RIC taxable income for the six months ended September 30, 2023 and 2022:


	Six Months Ended September 30,
Reconciliation of RIC Distributable Income1	2023		2022
Net increase in net assets from operations	$	46,436	$	11,968
Net unrealized (appreciation) depreciation on investments	(7,439)		8,599
(Expense/loss) income/gain recognized for tax on pass-through entities	(4,184)		35
(Gain) loss recognized on dispositions	(1,641)		(159)
Capital loss carryover2	16,733		6,622
Net operating income - wholly-owned subsidiary	(2,990)		(1,568)
Dividend income from wholly-owned subsidiary	—		745
Non-deductible tax expense	252		251
Loss on extinguishment of debt	(1,363)		(1,363)
Non-deductible compensation	1,785		1,644
Compensation related book/tax differences	(3,851)		(3,583)
Interest on non-accrual loans	2,999		1,992
Other book/tax differences	2,525		805
Estimated distributable income before deductions for distributions	$	49,262	$	25,988

2At September 30, 2023, the Company had long-term capital loss carryforwards of $46.9 million to offset future capital gains. These capital loss carryforwards are not subject to expiration.

A RIC may elect to retain all or a portion of its net capital gains by designating them as a “deemed distribution” to its shareholders and paying a federal tax on the net capital gains for the benefit of its shareholders. Shareholders then report their share of the retained capital gains on their income tax returns as if it had been received and report a tax credit for tax paid on their behalf by the RIC. Shareholders then add the amount of the “deemed distribution” net of such tax to the basis of their shares.

In addition, the Taxable Subsidiary holds a portion of one or more of our portfolio investments that are listed on the Consolidated Schedule of Investments. The Taxable Subsidiary is consolidated for financial reporting purposes in accordance with U.S. GAAP, so that our consolidated financial statements reflect our investments in the portfolio companies owned by the Taxable Subsidiary. The purpose of the Taxable Subsidiary is to permit us to hold certain interests in portfolio companies that are organized as limited liability companies, or LLCs (or other forms of pass-through entities) and still satisfy the RIC tax requirement that at least 90% of our gross income for U.S. federal income tax purposes must consist of qualifying investment income. Absent the Taxable Subsidiary, a proportionate amount of any gross income of a partnership or LLC (or other pass-through entity) portfolio investment would flow through directly to us. To the extent that our income did not consist of investment income, it could jeopardize our ability to qualify as a RIC and therefore cause us to incur significant amounts of U.S. federal income taxes at corporate rates. Where interests in LLCs (or other pass-through entities) are owned by the Taxable Subsidiary, however, the income from those interests is taxed to the Taxable Subsidiary and does not flow through to us, thereby helping us preserve our RIC tax treatment and resultant tax advantages. The Taxable Subsidiary is not consolidated for U.S. federal income tax purposes and may generate an income tax provision as a result of their ownership of the portfolio companies. The income tax provision, or benefit, and the related tax assets and liabilities, if any, are reflected in our Consolidated Statement of Operations.

As of September 30, 2023, the cost of investments held at the RIC for U.S. federal income tax purposes was $1,304.5 million, with such investments having gross unrealized appreciation of $17.3 million and gross unrealized depreciation of $71.0 million, resulting in net unrealized depreciation of $53.7 million. As of September 30, 2023, the cost of investments held at the Taxable Subsidiary for U.S. federal income tax purposes was $45.1 million, with such investments having gross unrealized appreciation of $62.0 million and gross unrealized depreciation of $4.3 million, resulting in net unrealized appreciation of $57.7 million. On a consolidated basis, the total investment portfolio has net unrealized appreciation of $4.0 million for U.S. federal income tax purposes.

The taxable income, or loss, of the Taxable Subsidiary may differ from book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax provision, or benefit, if any, and the related tax assets and liabilities, are reflected in our consolidated financial statements. The Taxable Subsidiary records valuation adjustments

related to its investments on a quarterly basis. Deferred taxes related to the unrealized gain/loss on investments are also recorded on a quarterly basis. A valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. Establishing a valuation allowance of a deferred tax asset requires management to make estimates related to expectations of future taxable income. As of September 30, 2023 and March 31, 2023, the Taxable Subsidiary had a deferred tax liability of $10.4 million and $12.1 million, respectively.

Based on our assessment of our unrecognized tax benefits, management believes that all benefits will be realized and they do not contain any uncertain tax positions.

The following table sets forth the significant components of the deferred tax assets and liabilities as of September 30, 2023 and March 31, 2023 (amounts in thousands):


	September 30, 2023		March 31, 2023
Deferred tax asset:
Net operating loss carryforwards	$	159	$	—
Interest	966		219
Total deferred tax asset	1,125		219
Deferred tax liabilities:
Net unrealized appreciation on investments	(10,350)		(11,413)
Net basis differences in portfolio investments	(1,133)		(923)
Total deferred tax liabilities	(11,483)		(12,336)
Total net deferred tax (liabilities) assets	$	(10,358)	$	(12,117)

The income tax provision, or benefit, and the related tax assets and liabilities, generated by CSWC and the Taxable Subsidiary, if any, are reflected in CSWC’s consolidated financial statements. For the three months ended September 30, 2023, we recognized a net income tax benefit of $0.8 million, principally consisting of a $0.1 million accrual for U.S. federal excise tax and a $0.9 million tax benefit relating to the Taxable Subsidiary. For the six months ended September 30, 2023, we recognized a net income tax benefit of $0.3 million, principally consisting of a $0.3 million accrual for U.S. federal excise tax and a $0.6 million tax benefit relating to the Taxable Subsidiary. For the three months ended September 30, 2022, we recognized a net income tax provision of $0.5 million, principally consisting of a $0.2 million accrual for U.S. federal excise tax and $0.3 million of tax provision relating to the Taxable Subsidiary. For the six months ended September 30, 2022, we recognized a net income tax provision of $0.7 million, principally consisting of a $0.3 million accrual for U.S. federal excise tax and a $0.4 million tax provision relating to the Taxable Subsidiary.

Although we believe our tax returns are correct, the final determination of tax examinations could be different from what was reported on the returns. In our opinion, we have made adequate tax provisions for years subject to examination. Generally, we are currently open to audit under the statute of limitations by the Internal Revenue Service as well as state taxing authorities for the years ended December 31, 2020 through December 31, 2022.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482603/740-30-50-2

+ Details

CONSOLIDATED SCHEDULE OF INVESTMENTS (Parenthetical) - USD ($)
$ in Thousands

Sep. 30, 2023

Mar. 31, 2023

Schedule of Investments [Line Items]

Percentage of Net Assets at Fair Value

205.80%

^[1],[2]

204.30%

Cost

$ 1,360,955

^{[1],[2],[3],[4]}

$ 1,220,152

^{[5],[6],[7],[8]}

Investments at fair value

1,353,566

^[1],[2],[9]

1,206,388

^[5],[7],[10]

Spotlight AR, LLC

Schedule of Investments [Line Items]

Cost

7,710

^[3],[4]

8,092

^[6],[8]

Investments at fair value

$ 8,047

^[9]

$ 8,453

^[10]

Affiliate investments

Schedule of Investments [Line Items]

Percentage of Net Assets at Fair Value

25.50%

^[11]

31.90%

Principal

$ 139,059

Cost

162,716

^[3],[4],[11]

$ 191,523

^[6],[8]

Investments at fair value

$ 167,828

^[9],[11]

$ 188,505

^[10]

Control investments

Schedule of Investments [Line Items]

Percentage of Net Assets at Fair Value

8.10%

^[12]

8.70%

Principal

$ 0

Cost

80,800

^[3],[4],[12]

$ 80,800

^[6],[8],[13]

Investments at fair value

$ 53,422

^[9],[12]

$ 51,256

^[10],[13]

Non-control/Non-affiliate investments

Schedule of Investments [Line Items]

Percentage of Net Assets at Fair Value

172.20%

^[14]

163.70%

Cost

$ 1,117,439

^[3],[4],[14]

$ 947,829

^[6],[8],[15]

Investments at fair value

$ 1,132,316

^[9],[14]

$ 966,627

^[10],[15]

Investment, Identifier [Axis]: 360 QUOTE TOPCO, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.50%

^[16],[17]

6.50%

^[18],[19]

Floor

1.00%

^[16],[17]

1.00%

^[18],[19]

PIK

^[16],[17]

3.00%

Investment interest rate

15.04%

^[16],[17]

11.55%

^[18],[19]

Principal

$ 22,431

^[16]

$ 25,000

^[18]

Cost

22,169

^[3],[4],[16]

24,674

^[6],[8],[18]

Investments at fair value

$ 19,066

^[9],[16]

$ 23,125

^[10],[18]

Investment, Identifier [Axis]: 360 QUOTE TOPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.04%

^[17]

11.55%

^[19]

Principal

$ 3,280

$ 3,250

Cost

3,244

^[3],[4]

3,209

^[6],[8]

Investments at fair value

$ 2,788

^[9]

$ 3,006

^[10]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

PIK

18.00%

^[17],[20]

18.00%

^[19],[21]

Principal

$ 336

^[20]

$ 274

^[21]

Cost

333

^[3],[4],[20]

270

^[6],[8],[21]

Investments at fair value

$ 316

^[9],[20]

$ 264

^[10],[21]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., First Lien

Schedule of Investments [Line Items]

PIK

18.00%

^[17]

18.00%

^[19]

Principal

$ 11,163

$ 10,199

Cost

11,163

^[3],[4]

10,199

^[6],[8]

Investments at fair value

$ 10,493

^[9]

$ 9,842

^[10]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Shares common stock

Schedule of Investments [Line Items]

Shares (in shares)

374,543

^[22]

374,543

^[23]

Principal

$ 0

Cost

1,785

^[3],[4]

1,785

^[6],[8]

Investments at fair value

716

^[9]

716

^[10]

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Warrants (Expiration - December 11, 2025)

Schedule of Investments [Line Items]

Principal

Cost

2,198

^[3],[4]

2,198

^[6],[8]

Investments at fair value

$ 881

^[9]

$ 881

^[10]

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, 1,000,000 Class B-2 Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[22],[24],[25]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,000

^{[3],[4],[24],[25]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,000

^{[9],[24],[25]}

$ 1,000

^{[10],[26],[27]}

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17],[20]

6.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

12.01%

^[17],[20]

11.43%

^[19],[21]

Principal

$ 7,500

^[20]

$ 7,500

^[21]

Cost

7,342

^[3],[4],[20]

7,332

^[6],[8],[21]

Investments at fair value

$ 7,500

^[9],[20]

$ 7,380

^[10],[21]

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.01%

^[17]

11.35%

^[19]

Principal

$ 5,000

Cost

4,913

^[3],[4]

4,905

^[6],[8]

Investments at fair value

$ 5,000

^[9]

$ 4,920

^[10]

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, Revolver Loan

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17],[20]

6.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(33)

^[3],[4],[20]

(37)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

1,019

^{[22],[24],[25]}

1,019

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.13%

^[17],[28]

8.15%

^[19],[29]

Floor

1.00%

^[17],[28]

1.00%

^[19],[29]

Investment interest rate

13.53%

^{[17],[28],[30]}

12.90%

^[19],[29]

Principal

$ 19,550

^[28]

$ 19,550

^[29]

Cost

19,221

^[3],[4],[28]

19,162

^[6],[8],[29]

Investments at fair value

$ 19,139

^[9],[28]

$ 19,550

^[10],[29]

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,019

^{[22],[24],[25]}

1,019

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,019

^{[3],[4],[24],[25]}

1,019

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,063

^{[9],[24],[25]}

$ 1,223

^{[10],[26],[27]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

1,611.22

^{[22],[24],[25]}

1,611.22

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

107

^{[3],[4],[24],[25]}

107

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 165

^{[10],[26],[27]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[19],[21]

8.50%

Floor

^[19],[21]

1.00%

Principal

^[21]

$ 0

Cost

^[6],[8],[21]

(42)

Investments at fair value

^[10],[21]

$ 0

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.01%

^[17]

12.35%

^[19]

Principal

$ 9,158

$ 9,228

Cost

9,013

^[3],[4]

9,067

^[6],[8]

Investments at fair value

$ 9,158

^[9]

$ 9,228

^[10]

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

8.50%

^[17]

8.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

14.01%

^[17]

13.35%

^[19]

Principal

$ 9,158

$ 9,228

Cost

9,013

^[3],[4]

9,066

^[6],[8]

Investments at fair value

$ 9,158

^[9]

$ 9,228

^[10]

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan C

Schedule of Investments [Line Items]

Variable rate

9.50%

^[17]

9.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

15.01%

^[17]

14.35%

^[19]

Principal

$ 9,158

$ 9,228

Cost

9,012

^[3],[4]

9,066

^[6],[8]

Investments at fair value

$ 9,158

^[9]

$ 9,228

^[10]

Investment, Identifier [Axis]: ACCELERATION, LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

13,451.22

^{[22],[24],[25]}

13,451.22

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

893

^{[3],[4],[24],[25]}

893

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,447

^{[9],[24],[25]}

$ 1,482

^{[10],[26],[27]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.50%

^[17],[20]

8.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

14.10%

^[17],[20]

13.56%

^[19],[21]

Principal

$ 2,200

^[20]

$ 3,700

^[21]

Cost

2,126

^[3],[4],[20]

3,616

^[6],[8],[21]

Investments at fair value

$ 2,200

^[9],[20]

$ 3,700

^[10],[21]

Investment, Identifier [Axis]: ACE GATHERING, INC.

Schedule of Investments [Line Items]

Variable rate

12.00%

^[17],[31]

12.00%

^[19],[32]

Floor

2.00%

^[17],[31]

2.00%

^[19],[32]

Investment interest rate

17.51%

^[17],[31]

16.85%

^[19],[32]

Principal

$ 6,592

^[31]

$ 7,698

^[32]

Cost

6,585

^[3],[4],[31]

7,668

^[6],[8],[32]

Investments at fair value

$ 6,461

^[9],[31]

$ 7,082

^[10],[32]

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.52%

^[17],[30]

12.12%

^[19],[33]

Principal

$ 14,836

$ 27,438

Cost

14,573

^[3],[4]

26,940

^[6],[8]

Investments at fair value

$ 14,836

^[9]

$ 27,438

^[10]

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

766,738.93

^{[22],[24],[25]}

766,738.93

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

809

^{[3],[4],[24],[25]}

809

^{[6],[8],[26],[27]}

Investments at fair value

$ 2,102

^{[9],[24],[25]}

$ 1,202

^{[10],[26],[27]}

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[20]

7.25%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

12.61%

^{[17],[20],[30]}

12.40%

^[19],[21]

Principal

$ 825

^[20]

$ 800

^[21]

Cost

811

^[3],[4],[20]

766

^[6],[8],[21]

Investments at fair value

$ 825

^[9],[20]

$ 800

^[10],[21]

Investment, Identifier [Axis]: ALLIANCE SPORTS GROUP, L.P., Membership preferred interest

Schedule of Investments [Line Items]

Ownership percent

3.88%

^[22]

3.88%

^[23]

Principal

$ 0

Cost

2,500

^[3],[4]

2,500

^[6],[8]

Investments at fair value

$ 956

^[9]

$ 2,691

^[10]

Investment, Identifier [Axis]: ALLIANCE SPORTS GROUP, L.P., Unsecured convertible Note

Schedule of Investments [Line Items]

PIK

6.00%

^[17]

6.00%

^[19]

Principal

$ 173

Cost

173

^[3],[4]

173

^[6],[8]

Investments at fair value

$ 173

^[9]

$ 201

^[10]

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

8.75%

^[17]

6.75%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

PIK

1.00%

^[17]

100.00%

^[19]

Investment interest rate

15.15%

^[17]

12.49%

^[19]

Principal

$ 11,851

$ 11,716

Cost

11,809

^[3],[4]

11,667

^[6],[8]

Investments at fair value

$ 10,547

^[9]

$ 10,978

^[10]

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

10.75%

^[17],[34]

8.75%

^[19]

Floor

1.00%

^[17],[34]

1.00%

^[19]

PIK

1.00%

^[17],[34]

100.00%

^[19]

Investment interest rate

17.15%

^[17],[34]

14.49%

^[19]

Principal

$ 11,762

^[34]

$ 11,716

Cost

11,713

^[3],[4],[34]

11,667

^[6],[8]

Investments at fair value

$ 8,351

^[9],[34]

$ 9,958

^[10]

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, Units of Class A common stock

Schedule of Investments [Line Items]

Shares (in shares)

3,000,000

^{[22],[24],[25]}

3,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

3,000

^{[3],[4],[24],[25]}

3,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.), First Lien

Schedule of Investments [Line Items]

Variable rate

^[19],[35]

5.50%

Floor

^[19],[35]

2.00%

Investment interest rate

^[19],[35]

9.00%

Principal

^[35]

$ 4,899

Cost

^[6],[8],[35]

4,858

Investments at fair value

^[10],[35]

$ 251

Investment, Identifier [Axis]: AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.), Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^{[19],[21],[35]}

5.50%

Floor

^{[19],[21],[35]}

2.00%

Investment interest rate

^{[19],[21],[35]}

9.00%

Principal

^[21],[35]

$ 862

Cost

^{[6],[8],[21],[35]}

853

Investments at fair value

^{[10],[21],[35]}

$ 44

Investment, Identifier [Axis]: ARBORWORKS, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

100

^{[22],[24],[25]}

100

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

100

^{[3],[4],[24],[25]}

100

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: ARBORWORKS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[34]

7.00%

^[19]

Floor

1.00%

^[17],[34]

1.00%

^[19]

PIK

300.00%

^[17],[34]

300.00%

^[19]

Investment interest rate

15.43%

^[17],[34]

14.85%

^[19]

Principal

$ 12,559

^[34]

$ 12,610

Cost

12,366

^[3],[4],[34]

12,417

^[6],[8]

Investments at fair value

$ 5,363

^[9],[34]

$ 9,470

^[10]

Investment, Identifier [Axis]: ARBORWORKS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^{[17],[20],[34]}

7.00%

^[19],[21]

Floor

1.00%

^{[17],[20],[34]}

1.00%

^[19],[21]

PIK

300.00%

^{[17],[20],[34]}

300.00%

^[19],[21]

Investment interest rate

15.42%

^{[17],[20],[34]}

14.83%

^[19],[21]

Principal

$ 2,904

^[20],[34]

$ 2,000

^[21]

Cost

2,860

^{[3],[4],[20],[34]}

1,956

^[6],[8],[21]

Investments at fair value

$ 1,240

^{[9],[20],[34]}

$ 1,502

^[10],[21]

Investment, Identifier [Axis]: ASC ORTHO MANAGEMENT COMPANY, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

2,572

^{[22],[24],[25]}

2,572

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,026

^{[3],[4],[24],[25]}

1,026

^{[6],[8],[26],[27]}

Investments at fair value

$ 847

^{[9],[24],[25]}

$ 847

^{[10],[26],[27]}

Investment, Identifier [Axis]: ATS OPERATING, LLC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[22],[24],[25]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,000

^{[3],[4],[24],[25]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,000

^{[9],[24],[25]}

$ 1,000

^{[10],[26],[27]}

Investment, Identifier [Axis]: ATS OPERATING, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

5.50%

^[17]

5.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.01%

^[17]

10.35%

^[19]

Principal

$ 9,250

Cost

9,121

^[3],[4]

9,104

^[6],[8]

Investments at fair value

$ 9,250

^[9]

$ 9,102

^[10]

Investment, Identifier [Axis]: ATS OPERATING, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.01%

^[17]

12.35%

^[19]

Principal

$ 9,250

Cost

9,119

^[3],[4]

9,102

^[6],[8]

Investments at fair value

$ 9,158

^[9]

$ 9,102

^[10]

Investment, Identifier [Axis]: ATS OPERATING, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17],[20]

6.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

12.01%

^[17],[20]

11.39%

^[19],[21]

Principal

$ 1,000

^[20]

$ 500

^[21]

Cost

967

^[3],[4],[20]

462

^[6],[8],[21]

Investments at fair value

$ 1,000

^[9],[20]

$ 492

^[10],[21]

Investment, Identifier [Axis]: BINSWANGER HOLDING CORP., Shares of common stock

Schedule of Investments [Line Items]

Shares (in shares)

900,000

^[22]

900,000

^[23]

Principal

$ 0

Cost

900

^[3],[4]

900

^[6],[8]

Investments at fair value

$ 0

^[9]

$ 0

^[10]

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,000

Investments at fair value

^{[9],[24],[25]}

$ 1,000

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Class A common units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

Investments at fair value

^{[9],[24],[25]}

$ 0

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17],[24]

6.00%

Floor

^[17],[24]

2.00%

Investment interest rate

^[17],[24]

11.40%

Principal

^[24]

$ 9,000

Cost

^[3],[4],[24]

8,832

Investments at fair value

^[9],[24]

$ 8,829

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17],[24]

8.00%

Floor

^[17],[24]

2.00%

Investment interest rate

^[17],[24]

13.40%

Principal

^[24]

$ 9,000

Cost

^[3],[4],[24]

8,831

Investments at fair value

^[9],[24]

$ 8,829

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^{[17],[20],[24]}

7.00%

Floor

^{[17],[20],[24]}

2.00%

Principal

^[20],[24]

$ 0

Cost

^{[3],[4],[20],[24]}

(37)

Investments at fair value

^{[9],[20],[24]}

$ 0

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC (DBA EPIC IO TECHNOLOGIES), Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[23],[26],[27]}

1,131,579

Principal

^[26],[27]

$ 0

Cost

^{[6],[8],[26],[27]}

1,132

Investments at fair value

^{[10],[26],[27]}

$ 1,649

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC, Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,131,579

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,132

Investments at fair value

^{[9],[24],[25]}

$ 1,400

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC, Series C Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

89,335

^{[22],[24],[25]}

89,335

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 130

^{[10],[26],[27]}

Investment, Identifier [Axis]: C&M CONVEYOR, INC, First Lien-Term Loan A

Schedule of Investments [Line Items]

Variable rate

5.50%

^[17],[31]

7.50%

^[19],[32]

Floor

1.50%

^[17],[31]

1.50%

^[19],[32]

Investment interest rate

10.94%

^[17],[31]

12.28%

^[19],[32]

Principal

$ 6,500

^[31]

$ 6,500

^[32]

Cost

6,391

^[3],[4],[31]

6,377

^[6],[8],[32]

Investments at fair value

$ 6,500

^[9],[31]

$ 6,377

^[10],[32]

Investment, Identifier [Axis]: C&M CONVEYOR, INC, First Lien-Term Loan B

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[31]

5.50%

^[19],[32]

Floor

1.50%

^[17],[31]

1.50%

^[19],[32]

Investment interest rate

12.94%

^[17],[31]

10.28%

^[19],[32]

Principal

$ 6,500

^[31]

$ 6,500

^[32]

Cost

6,392

^[3],[4],[31]

6,377

^[6],[8],[32]

Investments at fair value

$ 6,500

^[9],[31]

$ 6,377

^[10],[32]

Investment, Identifier [Axis]: CADMIUM, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.65%

^[17]

12.16%

^[19]

Principal

$ 7,385

Cost

7,334

^[3],[4]

7,326

^[6],[8]

Investments at fair value

$ 7,311

^[9]

$ 7,134

^[10]

Investment, Identifier [Axis]: CADMIUM, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.65%

^[17]

12.16%

^[19]

Principal

$ 615

Cost

611

^[3],[4]

611

^[6],[8]

Investments at fair value

$ 609

^[9]

$ 594

^[10]

Investment, Identifier [Axis]: CAMIN CARGO CONTROL, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.93%

^[17]

11.42%

^[19]

Principal

$ 5,662

$ 5,692

Cost

5,628

^[3],[4]

5,652

^[6],[8]

Investments at fair value

$ 5,662

^[9]

5,692

^[10]

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

Principal

$ 0

Investments at fair value

$ 1,658

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[22],[24],[25],[36]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^{[24],[25],[36]}

$ 0

^[26],[27]

Cost

1,000

^{[3],[4],[24],[25],[36]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,658

^{[9],[24],[25],[36]}

1,658

^{[10],[26],[27]}

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class B Units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

Principal

$ 0

Investments at fair value

$ 714

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class B units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

^{[20],[22],[24],[25],[36]}

500,000

^{[21],[23],[26],[27],[37]}

Principal

$ 0

^{[20],[24],[25],[36]}

$ 0

^{[21],[26],[27],[37]}

Cost

500

^{[3],[4],[20],[24],[25],[36]}

500

^{[6],[8],[21],[26],[27],[37]}

Investments at fair value

$ 714

^{[9],[20],[24],[25],[36]}

$ 714

^{[10],[21],[26],[27],[37]}

Investment, Identifier [Axis]: CATBIRD NYC, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.40%

^[17]

11.88%

^[19]

Principal

$ 15,300

$ 15,500

Cost

15,095

^[3],[4]

15,265

^[6],[8]

Investments at fair value

$ 15,300

^[9]

$ 15,500

^[10]

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[20]

7.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

^[17],[20]

12.54%

Principal

$ 1,500

^[20]

$ 0

^[21]

Cost

1,451

^[3],[4],[20]

(57)

^[6],[8],[21]

Investments at fair value

1,500

^[9],[20]

^[10],[21]

Investment, Identifier [Axis]: CATBIRD NYC, LLC. Revolving Loan

Schedule of Investments [Line Items]

Principal

1,500

Investments at fair value

$ 1,500

$ 0

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Class A-1 Units

Schedule of Investments [Line Items]

Shares (in shares)

690,324

^[22]

625,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: CAVALIER BUYER, INC. First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

13.52%

^[17]

12.88%

^[19]

Principal

$ 6,500

Cost

6,382

^[3],[4]

6,372

^[6],[8]

Investments at fair value

$ 6,435

^[9]

$ 6,372

^[10]

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

690,324

^[22]

625,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

690

^{[3],[4],[24],[25]}

625

^{[6],[8],[26],[27]}

Investments at fair value

$ 726

^{[9],[24],[25]}

$ 625

^{[10],[26],[27]}

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(35)

^[3],[4],[20]

(19)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Delayed Draw Capex Term Loan

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17],[20]

9.00%

^[19],[21]

Floor

1.75%

^[17],[20]

1.75%

^[19],[21]

PIK

^[17],[20]

1.00%

Investment interest rate

15.40%

^[17],[20]

13.75%

^[19],[21]

Principal

$ 100

^[20]

$ 100

^[21]

Cost

^[3],[4],[20]

^[6],[8],[21]

Investments at fair value

100

^[9],[20]

^[10],[21]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

100

Investments at fair value

$ 100

$ 99

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17]

9.00%

^[19]

Floor

1.75%

^[17]

1.75%

^[19]

PIK

^[17]

1.00%

Investment interest rate

15.40%

^[17]

13.75%

^[19]

Principal

$ 7,506

$ 7,500

Cost

7,449

^[3],[4]

7,427

^[6],[8]

Investments at fair value

$ 7,506

^[9]

$ 7,402

^[10]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,987,930

^{[22],[24],[25]}

1,380,500

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,098

^{[3],[4],[24],[25]}

976

^{[6],[8],[26],[27]}

Investments at fair value

$ 847

^{[9],[24],[25]}

$ 357

^{[10],[26],[27]}

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17],[20]

9.00%

^[19],[21]

Floor

1.75%

^[17],[20]

1.75%

^[19],[21]

PIK

^[17],[20]

1.00%

Investment interest rate

15.40%

^[17],[20]

13.75%

^[19],[21]

Principal

$ 300

^[20]

$ 300

^[21]

Cost

290

^[3],[4],[20]

287

^[6],[8],[21]

Investments at fair value

$ 300

^[9],[20]

$ 296

^[10],[21]

Investment, Identifier [Axis]: CHANDLER SIGNS, LLC, Units of Class A-1 common stock

Schedule of Investments [Line Items]

Shares (in shares)

1,500,000

^{[23],[26],[27]}

Principal

$ 0

^[26],[27]

Cost

^{[6],[8],[26],[27]}

1,500

Investments at fair value

$ 0

$ 3,215

^{[10],[26],[27]}

Investment, Identifier [Axis]: CITYVET, INC. Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

7.00%

Floor

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(49)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: CITYVET, INC. First Lien

Schedule of Investments [Line Items]

Variable rate

^[17]

7.00%

Floor

^[17]

2.00%

Investment interest rate

^[17]

12.50%

Principal

$ 15,000

Cost

^[3],[4]

14,703

Investments at fair value

^[9]

$ 14,703

Investment, Identifier [Axis]: CRAFTY APES, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.01%

^[17],[28]

7.02%

^[19],[29]

Floor

1.00%

^[17],[28]

1.00%

^[19],[29]

Investment interest rate

12.42%

^[17],[28]

12.07%

^[19],[29]

Principal

$ 15,000

^[28]

$ 15,000

^[29]

Cost

14,938

^[3],[4],[28]

14,911

^[6],[8],[29]

Investments at fair value

$ 14,220

^[9],[28]

$ 15,000

^[10],[29]

Investment, Identifier [Axis]: DAMOTECH INC. Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

Investments at fair value

^{[9],[24],[25]}

$ 0

Investment, Identifier [Axis]: DAMOTECH INC. Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^{[17],[20],[24]}

7.00%

Floor

^{[17],[20],[24]}

2.00%

Principal

^[20],[24]

$ 0

Cost

^{[3],[4],[20],[24]}

(28)

Investments at fair value

^{[9],[20],[24]}

$ 0

Investment, Identifier [Axis]: DAMOTECH INC. First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17],[24]

6.00%

Floor

^[17],[24]

2.00%

Investment interest rate

^[17],[24]

11.43%

Principal

^[24]

$ 5,100

Cost

^[3],[4],[24]

5,001

Investments at fair value

^[9],[24]

$ 5,003

Investment, Identifier [Axis]: DAMOTECH INC. First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17],[24]

8.00%

Floor

^[17],[24]

2.00%

Investment interest rate

^[17],[24]

13.43%

Principal

^[24]

$ 5,100

Cost

^[3],[4],[24]

5,001

Investments at fair value

^[9],[24]

$ 5,003

Investment, Identifier [Axis]: DAMOTECH INC. Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,000

Investments at fair value

^{[9],[24],[25]}

$ 1,000

Investment, Identifier [Axis]: DAMOTECH INC.. Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^{[17],[20],[24]}

7.00%

Floor

^{[17],[20],[24]}

2.00%

Principal

^[20],[24]

$ 0

Cost

^{[3],[4],[20],[24]}

(57)

Investments at fair value

^{[9],[20],[24]}

$ 0

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

1,681.04

^[23]

Principal

$ 0

Cost

^[6],[8]

3,615

Investments at fair value

^[10]

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien A

Schedule of Investments [Line Items]

Principal

Investments at fair value

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien B

Schedule of Investments [Line Items]

Principal

Investments at fair value

$ 0

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien, L+11.00% PIK

Schedule of Investments [Line Items]

Variable rate

^[19],[35]

11.00%

Floor

^[19],[35]

1.00%

Investment interest rate

^[19],[35]

15.74%

Principal

^[35]

$ 1,649

Cost

^[6],[8],[35]

1,649

Investments at fair value

^[10],[35]

$ 0

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien, L+9.00% PIK

Schedule of Investments [Line Items]

Variable rate

^[19],[35]

9.00%

Floor

^[19],[35]

1.00%

Investment interest rate

^[19],[35]

14.13%

Principal

^[35]

$ 1,829

Cost

^[6],[8],[35]

1,829

Investments at fair value

^[10],[35]

$ 0

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, Protective Advance

Schedule of Investments [Line Items]

Variable rate

^[19],[35]

16.70%

Floor

^[19],[35]

1.00%

Investment interest rate

^[19],[35]

21.06%

Principal

$ 1,448

^[35]

Cost

^[6],[8],[35]

1,448

Investments at fair value

$ 0

^[10],[35]

Investment, Identifier [Axis]: DELPHI LENDER HOLDCO LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

^[22]

254

Principal

$ 0

Cost

^[3],[4]

Investments at fair value

^[9]

$ 0

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 2,500,000 Common units

Schedule of Investments [Line Items]

Shares (in shares)

2,500,000

^{[22],[24],[25]}

2,500,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 250,000 Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

250,000

^{[22],[24],[25]}

250,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

250

^{[3],[4],[24],[25]}

250

^{[6],[8],[26],[27]}

Investments at fair value

$ 625

^{[9],[24],[25]}

$ 625

^{[10],[26],[27]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 255,984.22 Class C Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

255,984.22

^{[22],[24],[25]}

255,984.22

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 5,435,211.03 Class B Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

5,435,211.03

^{[22],[24],[25]}

5,435,211.03

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

2,218

^{[3],[4],[24],[25]}

2,218

^{[6],[8],[26],[27]}

Investments at fair value

$ 2,218

^{[9],[24],[25]}

$ 2,218

^{[10],[26],[27]}

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

4.50%

^[17]

4.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

9.91%

^[17]

9.41%

^[19]

Principal

$ 4,038

$ 3,846

Cost

4,020

^[3],[4]

3,826

^[6],[8]

Investments at fair value

$ 4,014

^[9]

$ 3,823

^[10]

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

11.91%

^[17]

11.41%

^[19]

Principal

$ 4,101

$ 3,867

Cost

4,079

^[3],[4]

3,844

^[6],[8]

Investments at fair value

$ 4,076

^[9]

3,843

^[10]

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

250,000

Principal

$ 0

Investments at fair value

$ 625

625

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class B Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

5,435,211.03

Principal

$ 0

Investments at fair value

$ 2,218

2,218

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class C Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

255,984.22

Principal

$ 0

Investments at fair value

$ 0

Investment, Identifier [Axis]: Dynamic Communities, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

2,500,000

Principal

$ 0

Investments at fair value

$ 0

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17]

6.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

12.03%

Principal

$ 11,250

Cost

^[3],[4]

10,934

Investments at fair value

^[9]

$ 10,980

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17]

8.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

14.03%

Principal

$ 11,250

Cost

^[3],[4]

10,935

Investments at fair value

^[9]

$ 10,980

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

7.50%

Floor

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(109)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: EVEREST TRANSPORTATION SYSTEMS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.42%

^[17]

12.91%

^[19]

Principal

$ 8,334

$ 8,566

Cost

8,278

^[3],[4]

8,498

^[6],[8]

Investments at fair value

$ 7,834

^[9]

$ 8,566

^[10]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

615.156

^[22]

615.156

^[23]

Principal

$ 0

Cost

615

^[3],[4]

615

^[6],[8]

Investments at fair value

$ 945

^[9]

$ 770

^[10]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19],[21]

Floor

2.00%

^[17]

2.00%

^[19],[21]

Investment interest rate

^[17]

12.90%

Principal

$ 2,333

$ 0

^[21]

Cost

2,287

^[3],[4]

(23)

^[6],[8],[21]

Investments at fair value

$ 2,333

^[9]

$ 0

^[10],[21]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

12.90%

^[17]

12.24%

^[19]

Principal

$ 8,774

$ 9,450

Cost

8,622

^[3],[4]

9,271

^[6],[8]

Investments at fair value

$ 8,774

^[9]

$ 9,271

^[10]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

12.90%

^[17]

12.24%

^[19]

Principal

$ 8,774

$ 9,450

Cost

8,622

^[3],[4]

9,271

^[6],[8]

Investments at fair value

$ 8,774

^[9]

$ 9,271

^[10]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Promissory Note

Schedule of Investments [Line Items]

Investment interest rate

13.574%

^[17]

13.574%

^[19]

Principal

$ 385

Cost

385

^[3],[4]

385

^[6],[8]

Investments at fair value

$ 385

^[9]

$ 385

^[10]

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[20]

7.50%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(41)

^[3],[4],[20]

(47)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

^{[22],[24],[25],[36]}

2,000,000

^{[23],[26],[27],[37]}

Principal

$ 0

^{[24],[25],[36]}

$ 0

^{[26],[27],[37]}

Cost

2,000

^{[3],[4],[24],[25],[36]}

2,000

^{[6],[8],[26],[27],[37]}

Investments at fair value

$ 9,205

^{[9],[24],[25],[36]}

$ 17,678

^{[10],[26],[27],[37]}

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.90%

^[17]

12.25%

^[19]

Principal

$ 2,818

Cost

2,784

^[3],[4]

2,777

^[6],[8]

Investments at fair value

$ 2,793

^[9]

$ 2,818

^[10]

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.00%

^[17]

12.41%

^[19]

Principal

$ 31,845

Cost

31,315

^[3],[4]

31,214

^[6],[8]

Investments at fair value

$ 31,559

^[9]

$ 31,845

^[10]

Investment, Identifier [Axis]: FM SYLVAN, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.51%

^[17]

12.85%

^[19]

Principal

$ 11,888

$ 11,963

Cost

11,681

^[3],[4]

11,737

^[6],[8]

Investments at fair value

$ 11,888

^[9]

$ 11,963

^[10]

Investment, Identifier [Axis]: FM SYLVAN, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

^[19],[21]

12.94%

Principal

$ 0

^[20]

$ 2,000

^[21]

Cost

(164)

^[3],[4],[20]

1,816

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 2,000

^[10],[21]

Investment, Identifier [Axis]: FOOD PHARMA SUBSIDIARY HOLDINGS, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

75,000

^{[22],[24],[25]}

75,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

750

^{[3],[4],[24],[25]}

750

^{[6],[8],[26],[27]}

Investments at fair value

$ 911

^{[9],[24],[25]}

$ 911

^{[10],[26],[27]}

Investment, Identifier [Axis]: FOOD PHARMA SUBSIDIARY HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.93%

^[17]

11.25%

^[19]

Principal

$ 7,030

Cost

6,919

^[3],[4]

6,908

^[6],[8]

Investments at fair value

$ 7,030

^[9]

$ 7,030

^[10]

Investment, Identifier [Axis]: FS VECTOR LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,000

Investments at fair value

^{[9],[24],[25]}

$ 1,000

Investment, Identifier [Axis]: FS VECTOR LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17]

6.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

11.90%

Principal

$ 9,000

Cost

^[3],[4]

8,831

Investments at fair value

^[9]

$ 8,847

Investment, Identifier [Axis]: FS VECTOR LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17]

8.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

13.90%

Principal

$ 9,000

Cost

^[3],[4]

8,832

Investments at fair value

^[9]

$ 8,847

Investment, Identifier [Axis]: FS VECTOR LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

7.50%

Floor

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(37)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[20]

7.50%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(157)

^[3],[4],[20]

(162)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

12.01%

^[17]

11.35%

^[19]

Principal

$ 7,500

Cost

7,368

^[3],[4]

7,357

^[6],[8]

Investments at fair value

$ 7,500

^[9]

$ 7,358

^[10]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

8.50%

^[17]

8.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

14.01%

^[17]

13.35%

^[19]

Principal

$ 7,500

Cost

7,368

^[3],[4]

7,356

^[6],[8]

Investments at fair value

$ 7,500

^[9]

$ 7,358

^[10]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[20]

7.50%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(42)

^[3],[4],[20]

(47)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[22],[24],[25]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,000

^{[3],[4],[24],[25]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,469

^{[9],[24],[25]}

$ 1,000

^{[10],[26],[27]}

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[16],[17]

9.00%

^[18],[19]

Floor

2.00%

^[16],[17]

2.00%

^[18],[19]

Investment interest rate

13.51%

^[16],[17]

13.93%

^[18],[19]

Principal

$ 6,073

^[16]

$ 6,150

^[18]

Cost

5,962

^[3],[4],[16]

6,030

^[6],[8],[18]

Investments at fair value

$ 6,073

^[9],[16]

$ 6,030

^[10],[18]

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

9.00%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(52)

^[3],[4],[20]

(58)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

^[10],[21]

Investment, Identifier [Axis]: GPT Industries, LLC Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

Principal

$ 0

Investments at fair value

1,469

1,000

Investment, Identifier [Axis]: GPT Industries, LLC First Lien

Schedule of Investments [Line Items]

Principal

6,073

Investments at fair value

6,073

6,030

Investment, Identifier [Axis]: GPT Industries, LLC Revolving Loan

Schedule of Investments [Line Items]

Principal

Investments at fair value

$ 0

Investment, Identifier [Axis]: GRAMMATECH, INC., Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,000

^[22]

1,000

^[23]

Principal

$ 0

Cost

1,000

^[3],[4]

1,000

^[6],[8]

Investments at fair value

$ 0

^[9]

$ 0

^[10]

Investment, Identifier [Axis]: GRAMMATECH, INC., Class A-1 units

Schedule of Investments [Line Items]

Shares (in shares)

360.06

^[22]

360.06

^[23]

Principal

$ 0

Cost

360

^[3],[4]

360

^[6],[8]

Investments at fair value

$ 0

^[9]

$ 372

^[10]

Investment, Identifier [Axis]: GRAMMATECH, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

9.50%

^[17]

9.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

14.90%

^[17]

14.24%

^[19]

Principal

$ 2,000

$ 10,031

Cost

1,991

^[3],[4]

9,967

^[6],[8]

Investments at fair value

$ 2,000

^[9]

$ 10,031

^[10]

Investment, Identifier [Axis]: GRAMMATECH, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

9.50%

^[17],[20]

9.50%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(9)

^[3],[4],[20]

(14)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

1,500,000

^{[22],[24],[25]}

1,500,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,500

^{[3],[4],[24],[25]}

1,500

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,815

^{[9],[24],[25]}

$ 1,500

^{[10],[26],[27]}

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. First Lien

Schedule of Investments [Line Items]

Variable rate

7.25%

^[17]

7.25%

^[19]

Floor

2.50%

^[17]

2.50%

^[19]

PIK

1.75%

^[17]

1.75%

^[19]

Investment interest rate

14.40%

^[17]

14.05%

^[19]

Principal

$ 4,531

$ 4,511

Cost

4,406

^[3],[4]

4,376

^[6],[8]

Investments at fair value

4,531

^[9]

4,376

^[10]

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. Warrants

Schedule of Investments [Line Items]

Principal

Cost

^[3],[4]

^[6],[8]

Investments at fair value

$ 156

^[9]

$ 80

^[10]

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17],[20]

6.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

11.38%

^[17],[20]

11.11%

^[19],[21]

Principal

$ 302

^[20]

$ 303

^[21]

Cost

286

^[3],[4],[20]

286

^[6],[8],[21]

Investments at fair value

$ 296

^[9],[20]

$ 297

^[10],[21]

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17]

6.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.29%

^[17]

11.05%

^[19]

Principal

$ 3,624

$ 3,642

Cost

3,561

^[3],[4]

3,574

^[6],[8]

Investments at fair value

$ 3,555

^[9]

$ 3,573

^[10]

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17],[20]

6.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

^[19],[21]

10.99%

Principal

$ 0

^[20]

$ 353

^[21]

Cost

(17)

^[3],[4],[20]

335

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 347

^[10],[21]

Investment, Identifier [Axis]: HEAT TRAK, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

^[17]

9.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

14.90%

Principal

$ 11,500

Cost

^[3],[4]

10,217

Investments at fair value

^[9]

11,270

Investment, Identifier [Axis]: HEAT TRAK, LLC, Warrants

Schedule of Investments [Line Items]

Principal

Cost

^[3],[4]

1,104

Investments at fair value

^[9]

$ 1,104

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

^[17]

8.00%

Floor

^[17]

2.00%

Investment interest rate

^[17]

13.40%

Principal

$ 8,016

Cost

^[3],[4]

7,820

Investments at fair value

^[9]

$ 7,831

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

108,211.4

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

343

Investments at fair value

^{[9],[24],[25]}

$ 323

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

8.00%

Floor

^[17],[20]

2.00%

Investment interest rate

^[17],[20]

13.49%

Principal

^[20]

$ 566

Cost

^[3],[4],[20]

547

Investments at fair value

^[9],[20]

$ 554

Investment, Identifier [Axis]: HYBRID APPAREL, LLC, Second Lien

Schedule of Investments [Line Items]

Variable rate

8.25%

^[17],[31]

8.25%

^[19],[32]

Floor

1.00%

^[17],[31]

1.00%

^[19],[32]

PIK

^[17]

2.00%

Investment interest rate

15.76%

^[17],[31]

13.10%

^[19],[32]

Principal

$ 15,768

^[31]

$ 15,750

^[32]

Cost

15,577

^[3],[4],[31]

15,528

^[6],[8],[32]

Investments at fair value

$ 14,696

^[9],[31]

$ 13,120

^[10],[32]

Investment, Identifier [Axis]: I-45 SLF LLC

Schedule of Investments [Line Items]

Ownership percent

80.00%

^{[22],[24],[36]}

80.00%

^{[21],[23],[26],[37]}

Principal

$ 0

^[24],[36]

$ 0

^{[21],[26],[37]}

Cost

80,800

^{[3],[4],[24],[36]}

80,800

^{[6],[8],[21],[26],[37]}

Investments at fair value

$ 53,422

^{[9],[24],[36]}

51,256

^{[10],[21],[26],[37]}

Investment, Identifier [Axis]: I-45 SLF LLC, LLC equity interest

Schedule of Investments [Line Items]

Ownership percent

80.00%

Principal

$ 0

Investments at fair value

$ 53,422

$ 51,256

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17],[20]

5.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

^[17],[20]

11.17%

Principal

$ 1,347

^[20]

$ 0

^[21]

Cost

1,320

^[3],[4],[20]

(16)

^[6],[8],[21]

Investments at fair value

$ 1,347

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17]

5.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.17%

^[17]

10.66%

^[19]

Principal

$ 7,614

$ 7,653

Cost

7,513

^[3],[4]

7,537

^[6],[8]

Investments at fair value

$ 7,614

^[9]

$ 7,653

^[10]

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, LP interest

Schedule of Investments [Line Items]

Ownership percent

1.68%

^{[20],[22],[24],[25],[36]}

1.68%

^{[21],[23],[26],[27],[37]}

Principal

$ 0

^{[20],[24],[25],[36]}

$ 0

^{[21],[26],[27],[37]}

Cost

588

^{[3],[4],[20],[24],[25],[36]}

588

^{[6],[8],[21],[26],[27],[37]}

Investments at fair value

$ 1,121

^{[9],[20],[24],[25],[36]}

$ 944

^{[10],[21],[26],[27],[37]}

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17]

6.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

11.89%

Principal

$ 7,500

Cost

^[3],[4]

7,350

Investments at fair value

^[9]

$ 7,350

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17]

8.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

13.89%

Principal

$ 7,500

Cost

^[3],[4]

7,350

Investments at fair value

^[9]

$ 7,350

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

100,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,000

Investments at fair value

^{[9],[24],[25]}

$ 1,000

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

7.50%

Floor

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(20)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.51%

^[17]

11.75%

^[19]

Principal

$ 5,000

Cost

4,935

^[3],[4]

4,926

^[6],[8]

Investments at fair value

$ 5,000

^[9]

$ 5,000

^[10]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[20]

7.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(24)

^[3],[4],[20]

(28)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^[22]

1,000,000

^[23]

Principal

$ 0

Cost

1,000

^[3],[4]

1,000

^[6],[8]

Investments at fair value

$ 1,057

^[9]

$ 1,000

^[10]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Series A-1 Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^[22]

166,667

Principal

$ 0

Cost

^[3],[4]

167

Investments at fair value

^[9]

$ 518

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

13.10%

^[17],[30]

12.66%

^[19]

Principal

$ 25,000

$ 9,000

Cost

24,528

^[3],[4]

8,823

^[6],[8]

Investments at fair value

$ 24,550

^[9]

$ 8,823

^[10]

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

1,195,526

^{[22],[24],[25]}

750,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,196

^{[3],[4],[24],[25]}

750

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,570

^{[9],[24],[25]}

$ 750

^{[10],[26],[27]}

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[20]

7.50%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Investment interest rate

^[19],[21]

12.67%

Principal

$ 0

^[20]

$ 500

^[21]

Cost

(25)

^[3],[4],[20]

471

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 471

^[10],[21]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Class A Membership Interest

Schedule of Investments [Line Items]

Ownership percent

9.25%

^{[22],[24],[25]}

9.25%

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,500

^{[3],[4],[24],[25]}

1,500

^{[6],[8],[26],[27]}

Investments at fair value

$ 2,374

^{[9],[24],[25]}

4,348

^{[10],[26],[27]}

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Class A membership interest

Schedule of Investments [Line Items]

Ownership percent

9.25%

Principal

$ 0

Investments at fair value

$ 2,374

4,348

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

9.00%

Floor

^[17],[20]

2.00%

PIK

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(28)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - PIK Note A

Schedule of Investments [Line Items]

PIK

^[19]

10.00%

Principal

$ 3,271

Cost

^[6],[8]

3,259

Investments at fair value

$ 3,255

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - PIK Note B

Schedule of Investments [Line Items]

PIK

^[19]

10.00%

Principal

$ 129

Cost

^[6],[8]

129

Investments at fair value

$ 0

$ 128

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term B Loan

Schedule of Investments [Line Items]

Variable rate

10.00%

^[17]

11.00%

^[19]

Floor

2.00%

^[17]

1.00%

^[19]

PIK

2.00%

^[17]

0.50%

^[19]

Investment interest rate

17.40%

^[17]

16.35%

^[19]

Principal

$ 12,901

$ 5,057

Cost

10,846

^[3],[4]

5,056

^[6],[8]

Investments at fair value

$ 12,901

^[9]

$ 5,068

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

2.00%

^[17]

1.00%

^[19]

PIK

2.00%

^[17]

0.50%

^[19]

Investment interest rate

15.40%

^[17]

13.35%

^[19]

Principal

$ 12,901

$ 10,114

Cost

10,850

^[3],[4]

10,139

^[6],[8]

Investments at fair value

12,901

^[9]

10,114

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan - 1

Schedule of Investments [Line Items]

Principal

Investments at fair value

10,114

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan - 2

Schedule of Investments [Line Items]

Principal

12,901

Investments at fair value

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan B - 1

Schedule of Investments [Line Items]

Principal

Investments at fair value

5,068

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan B - 2

Schedule of Investments [Line Items]

Principal

12,901

Investments at fair value

$ 12,901

$ 0

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17],[20]

9.00%

^[19]

Floor

2.00%

^[17],[20]

1.00%

^[19]

PIK

2.00%

^[17],[20]

0.50%

^[19]

Investment interest rate

^[19]

14.35%

Principal

$ 0

^[20]

$ 7,000

Cost

(65)

^[3],[4],[20]

6,974

^[6],[8]

Investments at fair value

^[9],[20]

7,014

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Revolving loan

Schedule of Investments [Line Items]

Principal

Investments at fair value

7,014

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants (Expiration - March 29, 2029)9,13

Schedule of Investments [Line Items]

Principal

^[24],[25]

Cost

538

^{[3],[4],[24],[25]}

538

^[6],[8]

Investments at fair value

4,005

^{[9],[24],[25]}

4,046

^[10]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants (Expiration - Warrants

Schedule of Investments [Line Items]

Principal

^[24],[25]

Cost

^{[3],[4],[24],[25]}

3,791

Investments at fair value

^{[9],[24],[25]}

3,869

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants - 1

Schedule of Investments [Line Items]

Principal

Investments at fair value

4,005

4,046

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants - 2

Schedule of Investments [Line Items]

Principal

Investments at fair value

$ 3,869

$ 0

Investment, Identifier [Axis]: JACKSON HEWITT TAX SERVICE, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

^[17]

8.50%

Floor

^[17]

2.50%

Investment interest rate

^[17]

13.91%

Principal

$ 10,000

Cost

^[3],[4]

9,851

Investments at fair value

^[9]

$ 9,851

Investment, Identifier [Axis]: JVMC HOLDINGS CORP., First Lien

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.92%

^[17]

11.34%

^[19]

Principal

$ 4,796

$ 6,132

Cost

4,791

^[3],[4]

6,117

^[6],[8]

Investments at fair value

$ 4,796

^[9]

$ 6,132

^[10]

Investment, Identifier [Axis]: KMS, INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[19],[21]

7.25%

Floor

^[19],[21]

1.00%

Investment interest rate

^[19],[21]

12.44%

Principal

^[21]

$ 2,228

Cost

^[6],[8],[21]

2,174

Investments at fair value

^[10],[21]

$ 2,016

Investment, Identifier [Axis]: KMS, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

7.25%

^[17],[31]

7.25%

^[19]

Floor

1.00%

^[17],[31]

1.00%

^[19]

Investment interest rate

15.75%

^[17],[31]

12.44%

^[19]

Principal

$ 17,902

^[31]

$ 15,800

Cost

17,748

^[3],[4],[31]

15,681

^[6],[8]

Investments at fair value

$ 15,217

^[9],[31]

$ 14,299

^[10]

Investment, Identifier [Axis]: LASH OPCO, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.75%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.88%

^[17]

11.84%

^[19]

Principal

$ 10,478

$ 10,532

Cost

10,284

^[3],[4]

10,315

^[6],[8]

Investments at fair value

$ 10,143

^[9]

$ 10,110

^[10]

Investment, Identifier [Axis]: LASH OPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.75%

^[17],[20]

7.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

12.15%

^{[17],[20],[30]}

11.89%

^[19],[21]

Principal

$ 622

^[20]

$ 343

^[21]

Cost

608

^[3],[4],[20]

336

^[6],[8],[21]

Investments at fair value

$ 602

^[9],[20]

$ 330

^[10],[21]

Investment, Identifier [Axis]: LGM PHARMA, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

10.00%

^[17]

10.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

PIK

2.00%

^[17]

1.00%

^[19]

Investment interest rate

17.43%

^[17]

15.66%

^[19]

Principal

$ 2,507

$ 2,501

Cost

2,504

^[3],[4]

2,491

^[6],[8]

Investments at fair value

$ 2,507

^[9]

$ 2,501

^[10]

Investment, Identifier [Axis]: LGM PHARMA, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.50%

^[17]

8.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

PIK

2.00%

^[17]

1.00%

^[19]

Investment interest rate

15.93%

^[17]

14.16%

^[19]

Principal

$ 11,506

$ 11,477

Cost

11,482

^[3],[4]

11,436

^[6],[8]

Investments at fair value

$ 11,506

^[9]

$ 11,477

^[10]

Investment, Identifier [Axis]: LGM PHARMA, LLC, Units of Class A common stock

Schedule of Investments [Line Items]

Shares (in shares)

142,278.89

^{[22],[24],[25]}

142,278.89

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,600

^{[3],[4],[24],[25]}

1,600

^{[6],[8],[26],[27]}

Investments at fair value

$ 2,223

^{[9],[24],[25]}

$ 1,692

^{[10],[26],[27]}

Investment, Identifier [Axis]: LGM PHARMA, LLC, Unsecured convertible note

Schedule of Investments [Line Items]

PIK

25.00%

^{[17],[24],[25]}

25.00%

^{[19],[26],[27]}

Principal

$ 127

^[24],[25]

$ 113

^[26],[27]

Cost

127

^{[3],[4],[24],[25]}

113

^{[6],[8],[26],[27]}

Investments at fair value

$ 127

^{[9],[24],[25]}

$ 113

^{[10],[26],[27]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Common units

Schedule of Investments [Line Items]

Shares (in shares)

203,124.9999

^{[23],[26],[27]}

Principal

$ 0

^[26],[27]

Cost

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), First Lien

Schedule of Investments [Line Items]

Investment interest rate

^[19]

7.50%

Principal

5,117

$ 5,143

Cost

^[6],[8]

5,143

Investments at fair value

4,979

$ 5,143

^[10]

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Revolving Loan

Schedule of Investments [Line Items]

Investment interest rate

^[19],[21]

7.50%

Principal

$ 0

^[21]

Cost

^[6],[8],[21]

Investments at fair value

$ 0

^[10],[21]

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Second Lien

Schedule of Investments [Line Items]

PIK

^[19],[35]

10.00%

Principal

5,208

$ 5,208

^[35]

Cost

^[6],[8],[35]

5,208

Investments at fair value

$ 4,917

$ 3,594

^[10],[35]

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

208,333.3333

^{[23],[26],[27]}

Principal

$ 0

^[26],[27]

Cost

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

203,124.9999

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

Investments at fair value

^{[9],[24],[25]}

$ 0

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, First Lien

Schedule of Investments [Line Items]

Investment interest rate

^[17]

7.50%

Principal

$ 5,117

Cost

^[3],[4]

5,117

Investments at fair value

^[9]

$ 4,979

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Revolving Loan

Schedule of Investments [Line Items]

Investment interest rate

^[17],[20]

7.50%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Second Lien

Schedule of Investments [Line Items]

PIK

^[17],[34]

10.00%

Principal

^[34]

$ 5,208

Cost

^[3],[4],[34]

5,208

Investments at fair value

^[9],[34]

$ 4,917

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

208,333.3333

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

Investments at fair value

^{[9],[24],[25]}

$ 0

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), First Lien

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.09%

^[17]

11.54%

^[19]

Principal

$ 22,714

Cost

^[6],[8]

22,318

Investments at fair value

^[10]

$ 22,305

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), LLC interest

Schedule of Investments [Line Items]

Ownership percent

0.88%

^{[22],[24],[25]}

0.88%

^{[23],[26],[27]}

Principal

^[26],[27]

$ 0

Cost

^{[6],[8],[26],[27]}

600

Investments at fair value

^{[10],[26],[27]}

$ 416

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17],[20]

6.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

^[17],[20]

11.93%

Principal

^[21]

$ 0

Cost

^[6],[8],[21]

(31)

Investments at fair value

^[10],[21]

$ 0

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 22,425

Cost

^[3],[4]

22,071

Investments at fair value

^[9]

21,303

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, LLC interest

Schedule of Investments [Line Items]

Principal

^[24],[25]

Cost

^{[3],[4],[24],[25]}

600

Investments at fair value

^{[9],[24],[25]}

263

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal

^[20]

556

Cost

^[3],[4],[20]

528

Investments at fair value

^[9],[20]

$ 528

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,000,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,000

Investments at fair value

^{[9],[24],[25]}

$ 1,259

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

^[17]

7.25%

Floor

^[17]

2.00%

Investment interest rate

^[17]

12.76%

Principal

$ 6,500

Cost

^[3],[4]

6,376

Investments at fair value

^[9]

$ 6,435

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

7.25%

Floor

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(37)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: LLFLEX, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17],[31]

9.00%

^[19],[32]

Floor

1.00%

^[17],[31]

1.00%

^[19],[32]

PIK

^[17],[31]

1.00%

Investment interest rate

15.40%

^[17],[31]

13.75%

^[19],[32]

Principal

$ 10,795

^[31]

$ 10,835

^[32]

Cost

10,639

^[3],[4],[31]

10,656

^[6],[8],[32]

Investments at fair value

$ 9,176

^[9],[31]

$ 10,131

^[10],[32]

Investment, Identifier [Axis]: MAKO STEEL LP, First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.25%

^[19]

Floor

0.75%

^[17]

0.75%

^[19]

Investment interest rate

12.56%

^[17]

12.30%

^[19]

Principal

$ 7,828

$ 7,879

Cost

7,743

^[3],[4]

7,778

^[6],[8]

Investments at fair value

$ 7,828

^[9]

$ 7,839

^[10]

Investment, Identifier [Axis]: MAKO STEEL LP, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[20]

7.25%

^[19],[21]

Floor

0.75%

^[17],[20]

0.75%

^[19],[21]

Investment interest rate

12.31%

^[17],[20]

11.89%

^[19],[21]

Principal

$ 377

^[20]

$ 943

^[21]

Cost

359

^[3],[4],[20]

921

^[6],[8],[21]

Investments at fair value

$ 377

^[9],[20]

$ 939

^[10],[21]

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.51%

^[17]

12.75%

^[19]

Principal

$ 12,344

Cost

^[6],[8]

12,150

Investments at fair value

^[10]

$ 11,949

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), Second Lien

Schedule of Investments [Line Items]

Variable rate

11.00%

^[17]

11.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

16.51%

^[17]

15.75%

^[19]

Principal

$ 2,759

Cost

^[6],[8]

2,715

Investments at fair value

^[10]

$ 2,593

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), Series A units

Schedule of Investments [Line Items]

Shares (in shares)

2,089,599

^{[22],[24],[25]}

2,089,599

^{[23],[26],[27]}

Principal

^[26],[27]

$ 0

Cost

^{[6],[8],[26],[27]}

Investments at fair value

^{[10],[26],[27]}

$ 770

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, First Lien

Schedule of Investments [Line Items]

Principal

$ 12,313

Cost

^[3],[4]

12,142

Investments at fair value

^[9]

11,451

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, Second Lien

Schedule of Investments [Line Items]

Principal

2,750

Cost

^[3],[4]

2,711

Investments at fair value

^[9]

2,448

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, Series A units

Schedule of Investments [Line Items]

Principal

^[24],[25]

Cost

^{[3],[4],[24],[25]}

Investments at fair value

^{[9],[24],[25]}

$ 0

Investment, Identifier [Axis]: MICROBE FORMULAS LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.00%

^[17]

6.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.42%

^[17]

11.09%

^[19]

Principal

$ 10,578

$ 11,621

Cost

10,411

^[3],[4]

11,421

^[6],[8]

Investments at fair value

$ 10,578

^[9]

$ 11,505

^[10]

Investment, Identifier [Axis]: MICROBE FORMULAS LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.00%

^[17],[20]

6.25%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(24)

^[3],[4],[20]

(27)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[22],[24],[25]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,000

^{[3],[4],[24],[25]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,185

^{[9],[24],[25]}

$ 1,185

^{[10],[26],[27]}

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.25%

^[17]

7.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.65%

^[17]

11.99%

^[19]

Principal

$ 21,800

Cost

21,495

^[3],[4]

21,457

^[6],[8]

Investments at fair value

$ 21,800

^[9]

$ 21,800

^[10]

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.25%

^[17],[20]

7.25%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(57)

^[3],[4],[20]

(67)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, Class A-3 Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

191,049.33

^{[22],[24],[25],[36]}

191,049.33

^{[23],[26],[27],[37]}

Principal

$ 0

^{[24],[25],[36]}

$ 0

^{[26],[27],[37]}

Cost

2,000

^{[3],[4],[24],[25],[36]}

2,000

^{[6],[8],[26],[27],[37]}

Investments at fair value

$ 2,000

^{[9],[24],[25],[36]}

$ 2,000

^{[10],[26],[27],[37]}

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

6.50%

^[17]

6.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.85%

^[17]

11.25%

^[19]

Principal

$ 9,716

Cost

9,582

^[3],[4]

9,564

^[6],[8]

Investments at fair value

$ 9,327

^[9]

$ 9,550

^[10]

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

7.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.85%

^[17]

12.25%

^[19]

Principal

$ 9,716

Cost

9,581

^[3],[4]

9,563

^[6],[8]

Investments at fair value

$ 9,327

^[9]

$ 9,550

^[10]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan A

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.40%

^[17]

11.75%

^[19]

Principal

$ 7,447

$ 7,478

Cost

7,361

^[3],[4]

7,375

^[6],[8]

Investments at fair value

$ 7,447

^[9]

$ 7,104

^[10]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan B

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17]

9.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

14.40%

^[17]

13.75%

^[19]

Principal

$ 7,447

$ 7,478

Cost

7,361

^[3],[4]

7,375

^[6],[8]

Investments at fair value

$ 7,447

^[9]

$ 6,356

^[10]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan C

Schedule of Investments [Line Items]

Variable rate

10.00%

^[17]

10.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

15.40%

^[17]

15.00%

^[19]

Principal

$ 5,163

$ 3,176

Cost

5,045

^[3],[4]

3,097

^[6],[8]

Investments at fair value

$ 5,163

^[9]

$ 3,097

^[10]

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.40%

^[17]

12.75%

^[19]

Principal

$ 5,000

$ 4,400

Cost

4,946

^[3],[4]

4,338

^[6],[8]

Investments at fair value

$ 5,000

^[9]

$ 4,180

^[10]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(25)

^[3],[4],[20]

(28)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

Investment interest rate

13.45%

^[17]

12.79%

^[19]

Principal

$ 13,000

Cost

12,770

^[3],[4]

12,750

^[6],[8]

Investments at fair value

$ 13,000

^[9]

$ 12,753

^[10]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

Investment interest rate

^[17],[20]

13.45%

Principal

$ 1,750

^[20]

$ 0

^[21]

Cost

1,682

^[3],[4],[20]

(76)

^[6],[8],[21]

Investments at fair value

$ 1,750

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: NINJATRADER, INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[19],[21]

6.25%

Floor

^[19],[21]

1.00%

Principal

^[21]

$ 0

Cost

^[6],[8],[21]

(28)

Investments at fair value

^[10],[21]

$ 0

Investment, Identifier [Axis]: NINJATRADER, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

6.00%

^[17]

6.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.40%

^[17]

11.00%

^[19]

Principal

$ 21,869

$ 23,150

Cost

21,673

^[3],[4]

22,864

^[6],[8]

Investments at fair value

$ 21,869

^[9]

$ 23,150

^[10]

Investment, Identifier [Axis]: NINJATRADER, INC., Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

^{[22],[24],[25],[36]}

2,000,000

^{[23],[26],[27],[37]}

Principal

$ 0

^{[24],[25],[36]}

$ 0

^{[26],[27],[37]}

Cost

2,000

^{[3],[4],[24],[25],[36]}

2,000

^{[6],[8],[26],[27],[37]}

Investments at fair value

$ 15,430

^{[9],[24],[25],[36]}

$ 11,138

^{[10],[26],[27],[37]}

Investment, Identifier [Axis]: NINJATRADER, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.00%

^[17],[20]

6.25%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(2)

^[3],[4],[20]

(3)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: NWN PARENT HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

PIK

^[17]

1.00%

Investment interest rate

14.52%

^[17]

12.87%

^[19]

Principal

$ 12,604

$ 12,688

Cost

12,461

^[3],[4]

12,519

^[6],[8]

Investments at fair value

$ 12,604

^[9]

$ 12,510

^[10]

Investment, Identifier [Axis]: NWN PARENT HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Investment interest rate

^[19],[21]

12.85%

Principal

$ 0

^[20]

$ 1,020

^[21]

Cost

(22)

^[3],[4],[20]

997

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 1,006

^[10],[21]

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), First Lien

Schedule of Investments [Line Items]

Variable rate

^[19]

6.50%

Floor

^[19]

1.00%

Investment interest rate

^[19]

11.50%

Principal

$ 9,052

Cost

^[6],[8]

8,970

Investments at fair value

^[10]

$ 9,052

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[19],[21]

6.50%

Floor

^[19],[21]

1.00%

Principal

^[21]

$ 0

Cost

^[6],[8],[21]

(7)

Investments at fair value

^[10],[21]

$ 0

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Second Lien

Schedule of Investments [Line Items]

Investment interest rate

^[19]

12.50%

Principal

$ 3,000

Cost

^[6],[8]

2,755

Investments at fair value

^[10]

3,000

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Warrants (Expiration - August 19, 2029)

Schedule of Investments [Line Items]

Principal

Cost

^[6],[8]

207

Investments at fair value

^[10]

$ 399

Investment, Identifier [Axis]: OPCO BORROWER, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

^[17]

6.50%

Floor

^[17]

1.00%

Investment interest rate

^[17]

11.99%

Principal

$ 8,661

Cost

^[3],[4]

8,591

Investments at fair value

^[9]

$ 8,661

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

6.50%

Floor

^[17],[20]

1.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(6)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Second Lien

Schedule of Investments [Line Items]

Investment interest rate

^[17]

12.50%

Principal

$ 3,000

Cost

^[3],[4]

2,773

Investments at fair value

^[9]

3,000

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Warrants (Expiration - August 19, 2029)

Schedule of Investments [Line Items]

Principal

Cost

^[3],[4]

207

Investments at fair value

^[9]

$ 558

Investment, Identifier [Axis]: OUTERBOX, LLC, Class A common units

Schedule of Investments [Line Items]

Shares (in shares)

6,308.2584

^{[22],[24],[25]}

6,308.2584

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

631

^{[3],[4],[24],[25]}

631

^{[6],[8],[26],[27]}

Investments at fair value

$ 773

^{[9],[24],[25]}

$ 773

^{[10],[26],[27]}

Investment, Identifier [Axis]: OUTERBOX, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.75%

^[17]

6.75%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.26%

^[17]

11.56%

^[19],[33]

Principal

$ 14,625

Cost

14,448

^[3],[4]

14,428

^[6],[8]

Investments at fair value

$ 14,625

^[9]

$ 14,552

^[10]

Investment, Identifier [Axis]: OUTERBOX, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.75%

^[17],[20]

6.75%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(22)

^[3],[4],[20]

(25)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: PIPELINE TECHNIQUE LTD., First Lien

Schedule of Investments [Line Items]

Variable rate

9.75%

^[17],[24]

7.25%

^[19]

Floor

1.00%

^[17],[24]

1.00%

^[19]

Investment interest rate

15.39%

^[17],[24]

12.32%

^[19]

Principal

$ 9,500

^[24]

$ 9,750

Cost

9,345

^[3],[4],[24]

9,574

^[6],[8]

Investments at fair value

$ 9,348

^[9],[24]

$ 9,565

^[10]

Investment, Identifier [Axis]: PIPELINE TECHNIQUE LTD., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.75%

^{[17],[20],[24]}

6.25%

^[19],[21]

Floor

2.00%

^{[17],[20],[24]}

2.00%

^[19],[21]

Investment interest rate

17.25%

^[17],[20]

14.25%

^[19],[21]

Principal

$ 1,389

^[20],[24]

$ 500

^[21]

Cost

1,337

^{[3],[4],[20],[24]}

441

^[6],[8],[21]

Investments at fair value

$ 1,367

^{[9],[20],[24]}

$ 490

^[10],[21]

Investment, Identifier [Axis]: RESEARCH NOW GROUP, INC., Second Lien

Schedule of Investments [Line Items]

Variable rate

9.50%

^[17]

9.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

15.13%

^[17]

14.31%

^[19]

Principal

$ 10,500

Cost

10,217

^[3],[4]

10,163

^[6],[8]

Investments at fair value

$ 5,513

^[9]

$ 6,431

^[10]

Investment, Identifier [Axis]: ROOF OPCO, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

535,714.29

^{[22],[24],[25]}

535,714.29

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

750

^{[3],[4],[24],[25]}

750

^{[6],[8],[26],[27]}

Investments at fair value

$ 775

^{[9],[24],[25]}

$ 750

^{[10],[26],[27]}

Investment, Identifier [Axis]: ROOF OPCO, LLC, Class B Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

250,000

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

250

Investments at fair value

^{[9],[24],[25]}

$ 262

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

^[19]

6.50%

Floor

^[19]

1.00%

Investment interest rate

^[19]

11.35%

Principal

$ 21,633

Cost

^[6],[8]

21,267

Investments at fair value

^[10]

$ 21,071

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17]

6.50%

Floor

^[17]

1.00%

Investment interest rate

^[17]

12.01%

Principal

$ 13,261

Cost

^[3],[4]

13,041

Investments at fair value

^[9]

$ 12,731

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17]

8.50%

Floor

^[17]

1.00%

Investment interest rate

^[17]

14.01%

Principal

$ 13,261

Cost

^[3],[4]

13,041

Investments at fair value

^[9]

$ 12,731

Investment, Identifier [Axis]: ROOF OPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[20]

6.50%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(36)

^[3],[4],[20]

(42)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

16,084

^[22]

16,084

^[23]

Principal

$ 0

Cost

1,517

^[3],[4]

1,517

^[6],[8]

Investments at fair value

$ 596

^[9]

$ 422

^[10]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A-1 Units

Schedule of Investments [Line Items]

Shares (in shares)

1,100

^[22]

1,100

^[23]

Principal

$ 0

Cost

^[3],[4]

^[6],[8]

Investments at fair value

$ 173

^[9]

$ 161

^[10]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A-2 Units

Schedule of Investments [Line Items]

Shares (in shares)

3,364

^[22]

3,364

^[23]

Principal

$ 0

Cost

202

^[3],[4]

202

^[6],[8]

Investments at fair value

$ 730

^[9]

$ 694

^[10]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17]

8.00%

^[19]

Floor

2.00%

^[17]

2.00%

^[19]

PIK

^[19]

2.00%

Investment interest rate

12.90%

^[17]

14.74%

^[19]

Principal

$ 14,978

$ 15,051

Cost

14,948

^[3],[4]

15,008

^[6],[8]

Investments at fair value

$ 14,888

^[9]

$ 14,524

^[10]

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.50%

^[17],[20]

8.00%

^[19],[21]

Floor

2.00%

^[17],[20]

2.00%

^[19],[21]

PIK

^[19],[21]

2.00%

Investment interest rate

12.90%

^[17],[20]

14.74%

^[19],[21]

Principal

$ 300

^[20]

$ 575

^[21]

Cost

299

^[3],[4],[20]

566

^[6],[8],[21]

Investments at fair value

$ 298

^[9],[20]

$ 555

^[10],[21]

Investment, Identifier [Axis]: RTIC SUBSIDIARY HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.75%

^[17]

7.75%

^[19]

Floor

1.25%

^[17]

1.25%

^[19]

Investment interest rate

13.18%

^[17]

12.52%

^[19]

Principal

$ 5,987

$ 6,166

Cost

5,954

^[3],[4]

6,123

^[6],[8]

Investments at fair value

$ 5,742

^[9]

$ 5,364

^[10]

Investment, Identifier [Axis]: RTIC SUBSIDIARY HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.75%

^[17],[20]

7.75%

^[19],[21]

Floor

1.25%

^[17],[20]

1.25%

^[19],[21]

Investment interest rate

13.18%

^[17],[20]

12.56%

^[19],[21]

Principal

$ 712

^[20]

$ 822

^[21]

Cost

705

^[3],[4],[20]

813

^[6],[8],[21]

Investments at fair value

$ 683

^[9],[20]

715

^[10],[21]

Investment, Identifier [Axis]: Roseland Management, LLC, Class A-1 Units

Schedule of Investments [Line Items]

Shares (in shares)

1,100

Principal

$ 0

Investments at fair value

$ 173

$ 161

Investment, Identifier [Axis]: Roseland Management, LLC, Class A-2 units

Schedule of Investments [Line Items]

Shares (in shares)

3,364

Investment, Identifier [Axis]: SCRIP INC., First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

10.98%

^[19],[29]

Floor

2.00%

^[17]

2.00%

^[19],[29]

Investment interest rate

13.46%

^[17]

15.83%

^[19],[29]

Principal

$ 16,666

$ 16,750

^[29]

Cost

16,577

^[3],[4]

16,634

^[6],[8],[29]

Investments at fair value

$ 16,500

^[9]

$ 15,594

^[10],[29]

Investment, Identifier [Axis]: SCRIP INC., Shares of common stock

Schedule of Investments [Line Items]

Shares (in shares)

100

^[22]

100

^[23]

Principal

$ 0

Cost

1,000

^[3],[4]

1,000

^[6],[8]

Investments at fair value

$ 751

^[9]

$ 751

^[10]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

^[24]

40,000

^[22]

40,000

^[23]

Principal

^[24]

$ 0

Cost

^[24]

^[3],[4]

^[6],[8]

Investments at fair value

^[24]

$ 66

^[9]

$ 85

^[10]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

^[24]

1,200,000

^[22]

1,200,000

^[23]

Principal

^[24]

$ 0

Cost

^[24]

978

^[3],[4]

978

^[6],[8]

Investments at fair value

^[24]

$ 1,973

^[9]

$ 2,558

^[10]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

^[24]

6.25%

^[17]

6.25%

^[19]

Floor

^[24]

1.00%

^[17]

1.00%

^[19]

Investment interest rate

^[24]

11.77%

^[17]

11.06%

^[19]

Principal

^[24]

$ 13,574

$ 13,643

Cost

^[24]

13,420

^[3],[4]

13,462

^[6],[8]

Investments at fair value

^[24]

$ 13,574

^[9]

$ 13,643

^[10]

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[24]

6.25%

^[17],[20]

6.25%

^[19],[21]

Floor

^[24]

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

^[24]

$ 0

^[20]

$ 0

^[21]

Cost

^[24]

(25)

^[3],[4],[20]

(30)

^[6],[8],[21]

Investments at fair value

^[24]

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

238,095.24

^{[22],[24],[25]}

238,095.24

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

500

^{[3],[4],[24],[25]}

500

^{[6],[8],[26],[27]}

Investments at fair value

$ 411

^{[9],[24],[25]}

$ 411

^{[10],[26],[27]}

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.25%

^[17]

6.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.81%

^[17]

11.21%

^[19]

Principal

$ 11,237

$ 11,382

Cost

11,107

^[3],[4]

11,235

^[6],[8]

Investments at fair value

$ 10,934

^[9]

$ 11,040

^[10]

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.25%

^[17],[20]

6.25%

^[19]

Floor

1.00%

^[17],[20]

1.00%

^[19]

Investment interest rate

11.81%

^[17],[20]

11.23%

^[19]

Principal

$ 866

^[20]

$ 702

Cost

855

^[3],[4],[20]

694

^[6],[8]

Investments at fair value

$ 842

^[9],[20]

$ 681

^[10]

Investment, Identifier [Axis]: SONOBI, INC., Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

^{[22],[24],[25]}

500,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

500

^{[3],[4],[24],[25]}

500

^{[6],[8],[26],[27]}

Investments at fair value

$ 2,002

^{[9],[24],[25]}

$ 1,749

^{[10],[26],[27]}

Investment, Identifier [Axis]: SOUTH COAST TERMINALS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17]

5.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.45%

^[17]

10.03%

^[19]

Principal

$ 15,168

$ 17,839

Cost

14,959

^[3],[4]

17,560

^[6],[8]

Investments at fair value

$ 15,168

^[9]

$ 17,839

^[10]

Investment, Identifier [Axis]: SOUTH COAST TERMINALS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

5.75%

^[17],[20]

5.25%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(25)

^[3],[4],[20]

(28)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: SPECTRUM OF HOPE, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

1,024,067

^{[22],[24],[25]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,024

^{[3],[4],[24],[25]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,088

^{[9],[24],[25]}

$ 1,000

^{[10],[26],[27]}

Investment, Identifier [Axis]: SPECTRUM OF HOPE, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

7.50%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.40%

^[17]

12.24%

^[19]

Principal

$ 22,245

$ 22,358

Cost

22,043

^[3],[4]

22,020

^[6],[8]

Investments at fair value

$ 21,600

^[9]

$ 21,934

^[10]

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

750

^{[22],[24],[25],[36]}

750

^{[23],[26],[27],[37]}

Principal

$ 0

^{[24],[25],[36]}

$ 0

^{[26],[27],[37]}

Cost

750

^{[3],[4],[24],[25],[36]}

750

^{[6],[8],[26],[27],[37]}

Investments at fair value

$ 972

^{[9],[24],[25],[36]}

$ 972

^{[10],[26],[27],[37]}

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.75%

^[17]

6.75%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.15%

^[17]

11.50%

^[19]

Principal

$ 7,075

$ 7,481

Cost

6,984

^[3],[4]

7,370

^[6],[8]

Investments at fair value

$ 7,075

^[9]

$ 7,481

^[10]

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

6.75%

^[17],[20]

6.75%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(24)

^[3],[4],[20]

(28)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: STATINMED, LLC, Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

4,718.62

^[22]

4,718.62

^[23]

Principal

$ 0

Cost

4,838

^[3],[4]

4,838

^[6],[8]

Investments at fair value

$ 0

^[9]

$ 3,767

^[10]

Investment, Identifier [Axis]: STATINMED, LLC, Class B Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

39,097.96

^[22]

39,097.96

^[23]

Principal

$ 0

Cost

1,400

^[3],[4]

1,400

^[6],[8]

Investments at fair value

$ 0

^[9]

$ 0

^[10]

Investment, Identifier [Axis]: STATINMED, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[19]

9.50%

Floor

^[19]

2.00%

Investment interest rate

^[19]

14.28%

Principal

$ 122

Cost

^[6],[8]

122

Investments at fair value

^[10]

$ 122

Investment, Identifier [Axis]: STATINMED, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

9.50%

^[17],[34]

9.50%

^[19]

Floor

2.00%

^[17],[34]

2.00%

^[19]

Investment interest rate

14.94%

^[17],[34]

14.28%

^[19]

Principal

$ 7,561

^[34]

$ 7,288

Cost

7,561

^[3],[4],[34]

7,288

^[6],[8]

Investments at fair value

7,069

^[9],[34]

7,288

^[10]

Investment, Identifier [Axis]: STATinMED, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal

Investments at fair value

$ 0

$ 122

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER LLC, 10,502,487.46 Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

10,502,487.46

^[22]

10,502,487.46

^[23]

Principal

$ 0

Cost

5,845

^[3],[4]

5,845

^[6],[8]

Investments at fair value

$ 5,845

^[9]

$ 5,845

^[10]

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER LLC, First Lien

Schedule of Investments [Line Items]

Investment interest rate

8.50%

^[17]

8.50%

^[19]

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal

$ 8,889

Cost

8,741

^[3],[4]

8,727

^[6],[8]

Investments at fair value

$ 8,720

^[9]

$ 8,720

^[10]

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER, LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

^{[22],[24],[25]}

2,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 0

^{[9],[24],[25]}

$ 0

^{[10],[26],[27]}

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

^[17]

6.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

11.89%

Principal

$ 8,000

Cost

^[3],[4]

7,840

Investments at fair value

^[9]

$ 7,840

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17]

8.50%

Floor

^[17]

2.00%

Investment interest rate

^[17]

13.89%

Principal

$ 8,000

Cost

^[3],[4]

7,840

Investments at fair value

^[9]

$ 7,840

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17],[20]

7.50%

Floor

^[17],[20]

2.00%

Principal

^[20]

$ 0

Cost

^[3],[4],[20]

(30)

Investments at fair value

^[9],[20]

$ 0

Investment, Identifier [Axis]: SYSTEC CORPORATION (DBA INSPIRE AUTOMATION), First Lien

Schedule of Investments [Line Items]

Variable rate

^[19]

7.50%

Floor

^[19]

1.00%

Investment interest rate

^[19]

12.25%

Principal

$ 9,000

Cost

^[6],[8]

8,886

Investments at fair value

^[10]

$ 9,000

Investment, Identifier [Axis]: SYSTEC CORPORATION (DBA INSPIRE AUTOMATION), Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[19],[21]

7.50%

Floor

^[19],[21]

1.00%

Investment interest rate

^[19],[21]

12.32%

Principal

^[21]

$ 1,600

Cost

^[6],[8],[21]

1,576

Investments at fair value

^[10],[21]

1,600

Investment, Identifier [Axis]: SYSTEC CORPORATION, First Lien - 1

Schedule of Investments [Line Items]

Variable rate

^[17]

8.00%

Floor

^[17]

1.00%

Investment interest rate

^[17]

13.40%

Principal

$ 9,000

Cost

^[3],[4]

8,908

Investments at fair value

^[9]

$ 8,973

Investment, Identifier [Axis]: SYSTEC CORPORATION, First Lien - 2

Schedule of Investments [Line Items]

Variable rate

^[17]

8.00%

Floor

^[17]

1.00%

Investment interest rate

^[17]

13.39%

Principal

$ 1,000

Cost

^[3],[4]

977

Investments at fair value

^[9]

$ 997

Investment, Identifier [Axis]: SYSTEC CORPORATION, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

^[17]

8.00%

Floor

^[17]

1.00%

Investment interest rate

^[17]

13.42%

Principal

$ 2,000

Cost

^[3],[4]

1,981

Investments at fair value

^[9]

$ 1,994

Investment, Identifier [Axis]: Sonobi, Inc., Class A Common units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

Principal

$ 0

Investments at fair value

2,002

1,749

Investment, Identifier [Axis]: Student Resource Center LLC, First Lien

Schedule of Investments [Line Items]

Principal

8,889

Investments at fair value

$ 8,720

8,720

Investment, Identifier [Axis]: Student Resource Center LLC, Preferred units 1

Schedule of Investments [Line Items]

Shares (in shares)

10,502,487.46

Principal

$ 0

Investments at fair value

$ 5,845

5,845

Investment, Identifier [Axis]: Student Resource Center LLC, Preferred units 2

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

Principal

$ 0

Investments at fair value

$ 0

Investment, Identifier [Axis]: THE PRODUCTO GROUP, LLC, Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,500,000

^{[22],[24],[25]}

1,500,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,500

^{[3],[4],[24],[25]}

1,500

^{[6],[8],[26],[27]}

Investments at fair value

$ 13,447

^{[9],[24],[25]}

$ 7,833

^{[10],[26],[27]}

Investment, Identifier [Axis]: THE PRODUCTO GROUP, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.43%

^[17]

12.92%

^[19]

Principal

$ 17,447

$ 17,655

Cost

17,184

^[3],[4]

17,355

^[6],[8]

Investments at fair value

$ 17,447

^[9]

$ 17,655

^[10]

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), Class A units

Schedule of Investments [Line Items]

Shares (in shares)

896.43

^{[22],[24],[25]}

896.43

^{[23],[26],[27],[37]}

Principal

$ 0

^[24],[25]

$ 0

^{[26],[27],[37]}

Cost

1,205

^{[3],[4],[24],[25]}

1,205

^{[6],[8],[26],[27],[37]}

Investments at fair value

$ 1,187

^{[9],[24],[25]}

$ 1,509

^{[10],[26],[27],[37]}

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[31]

6.50%

^[19],[32]

Floor

1.00%

^[17],[31]

1.00%

^[19],[32]

Investment interest rate

12.40%

^[17],[31]

11.26%

^[19],[32]

Principal

$ 5,725

^[31]

$ 5,775

^[32]

Cost

5,686

^[3],[4],[31]

5,727

^[6],[8],[32]

Investments at fair value

$ 5,725

^[9],[31]

$ 5,775

^[10],[32]

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), Unsecured convertible note

Schedule of Investments [Line Items]

PIK

12.00%

^{[17],[24],[25]}

10.00%

^{[19],[26],[27]}

Principal

$ 75

^[24],[25]

$ 92

^[26],[27]

Cost

^{[3],[4],[24],[25]}

^{[6],[8],[26],[27]}

Investments at fair value

$ 75

^{[9],[24],[25]}

$ 92

^{[10],[26],[27]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-3 LP Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[22],[24],[25]}

1,000,000

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,000

^{[3],[4],[24],[25]}

1,000

^{[6],[8],[26],[27]}

Investments at fair value

$ 1,137

^{[9],[24],[25]}

$ 1,354

^{[10],[26],[27]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-4 LP Units

Schedule of Investments [Line Items]

Shares (in shares)

211,862.61

^{[22],[24],[25]}

211,862.61

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

212

^{[3],[4],[24],[25]}

212

^{[6],[8],[26],[27]}

Investments at fair value

$ 231

^{[9],[24],[25]}

$ 278

^{[10],[26],[27]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-5 LP Units

Schedule of Investments [Line Items]

Shares (in shares)

211,465.87

^{[22],[24],[25]}

211,465.87

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

211

^{[3],[4],[24],[25]}

211

^{[6],[8],[26],[27]}

Investments at fair value

$ 227

^{[9],[24],[25]}

$ 275

^{[10],[26],[27]}

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

6.00%

^[17]

6.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.51%

^[17]

10.87%

^[19],[33]

Principal

$ 15,800

$ 16,800

Cost

15,565

^[3],[4]

16,540

^[6],[8]

Investments at fair value

$ 15,800

^[9]

$ 16,800

^[10]

Investment, Identifier [Axis]: USA DEBUSK, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

6.00%

^[17]

5.75%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

11.42%

^[17]

10.59%

^[19]

Principal

$ 11,439

$ 11,498

Cost

11,326

^[3],[4]

11,367

^[6],[8]

Investments at fair value

$ 11,439

^[9]

$ 11,498

^[10]

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[19]

8.00%

Floor

^[19]

1.00%

Investment interest rate

^[19]

13.16%

Principal

$ 2,400

Cost

^[6],[8]

2,332

Investments at fair value

^[10]

$ 2,357

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.53%

^[17]

12.85%

^[19]

Principal

$ 12,200

$ 13,500

Cost

11,963

^[3],[4]

13,256

^[6],[8]

Investments at fair value

$ 12,200

^[9]

$ 13,257

^[10]

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Variable rate

^[17]

9.00%

Floor

^[17]

1.00%

Investment interest rate

^[17]

14.53%

Principal

$ 12,200

Cost

^[3],[4]

11,963

Investments at fair value

^[9]

$ 12,200

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19]

Floor

1.00%

^[17],[20]

1.00%

^[19]

Principal

$ 0

^[20]

$ 0

Cost

(39)

^[3],[4],[20]

(44)

^[6],[8]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10]

Investment, Identifier [Axis]: VISTAR MEDIA INC., Shares of Series A preferred stock

Schedule of Investments [Line Items]

Shares (in shares)

171,617

^{[22],[24],[25]}

171,617

^{[23],[26],[27]}

Principal

$ 0

^[24],[25]

$ 0

^[26],[27]

Cost

1,874

^{[3],[4],[24],[25]}

1,874

^{[6],[8],[26],[27]}

Investments at fair value

$ 8,791

^{[9],[24],[25]}

$ 9,054

^{[10],[26],[27]}

Investment, Identifier [Axis]: VTX HOLDINGS, INC. (DBA VERTEX ONE), Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[23],[26],[27]}

1,597,707

Principal

^[26],[27]

$ 0

Cost

^{[6],[8],[26],[27]}

1,598

Investments at fair value

^{[10],[26],[27]}

$ 2,694

Investment, Identifier [Axis]: VVTX HOLDINGS, INC. Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[22],[24],[25]}

1,597,707

Principal

^[24],[25]

$ 0

Cost

^{[3],[4],[24],[25]}

1,598

Investments at fair value

^{[9],[24],[25]}

$ 2,670

Investment, Identifier [Axis]: WALL STREET PREP, INC., Class A-1 Preferred Shares

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^[22]

1,000,000

^[23]

Principal

$ 0

Cost

1,000

^[3],[4]

1,000

^[6],[8]

Investments at fair value

$ 1,404

^[9]

$ 1,205

^[10]

Investment, Identifier [Axis]: WALL STREET PREP, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.40%

^[17]

11.75%

^[19]

Principal

$ 9,377

$ 10,588

Cost

9,260

^[3],[4]

10,436

^[6],[8]

Investments at fair value

$ 9,377

^[9]

$ 10,588

^[10]

Investment, Identifier [Axis]: WALL STREET PREP, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[20]

7.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(11)

^[3],[4],[20]

(13)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: WELL-FOAM, INC., First Lien

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17]

8.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

13.40%

^[17]

12.75%

^[19]

Principal

$ 14,631

$ 17,730

Cost

14,440

^[3],[4]

17,466

^[6],[8]

Investments at fair value

$ 14,631

^[9]

$ 17,730

^[10]

Investment, Identifier [Axis]: WELL-FOAM, INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

8.00%

^[17],[20]

8.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(55)

^[3],[4],[20]

(64)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Variable rate

^[19],[21]

7.00%

Floor

^[19],[21]

1.00%

Principal

^[21]

$ 0

Cost

^[6],[8],[21]

(32)

Investments at fair value

^[10],[21]

$ 0

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, First Lien

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17]

7.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.51%

^[17]

11.75%

^[19]

Principal

$ 22,734

$ 20,000

Cost

22,410

^[3],[4]

19,693

^[6],[8]

Investments at fair value

$ 22,552

^[9]

$ 20,000

^[10]

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Variable rate

7.00%

^[17],[20]

7.00%

^[19],[21]

Floor

1.00%

^[17],[20]

1.00%

^[19],[21]

Principal

$ 0

^[20]

$ 0

^[21]

Cost

(56)

^[3],[4],[20]

(65)

^[6],[8],[21]

Investments at fair value

$ 0

^[9],[20]

$ 0

^[10],[21]

Investment, Identifier [Axis]: ZENFOLIO INC., First Lien

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17]

9.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

14.42%

^[17]

13.82%

^[19]

Principal

$ 18,839

$ 18,913

Cost

18,718

^[3],[4]

18,762

^[6],[8]

Investments at fair value

$ 18,462

^[9]

$ 18,478

^[10]

Investment, Identifier [Axis]: ZENFOLIO INC., Revolving Loan

Schedule of Investments [Line Items]

Variable rate

9.00%

^[17]

9.00%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

14.42%

^[17]

13.82%

^[19]

Principal

$ 2,000

Cost

1,995

^[3],[4]

1,994

^[6],[8]

Investments at fair value

$ 1,960

^[9]

$ 1,954

^[10]

Investment, Identifier [Axis]: ZIPS CAR WASH, LLC, Delayed Draw Term Loan - A

Schedule of Investments [Line Items]

Variable rate

7.25%

^[17]

7.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.67%

^[17]

12.15%

^[19]

Principal

$ 15,708

$ 15,840

Cost

15,519

^[3],[4]

15,611

^[6],[8]

Investments at fair value

$ 15,645

^[9]

$ 15,634

^[10]

Investment, Identifier [Axis]: ZIPS CAR WASH, LLC, Delayed Draw Term Loan - B

Schedule of Investments [Line Items]

Variable rate

7.25%

^[17]

7.25%

^[19]

Floor

1.00%

^[17]

1.00%

^[19]

Investment interest rate

12.67%

^[17]

12.12%

^[19],[33]

Principal

$ 3,937

$ 3,970

Cost

3,892

^[3],[4]

3,914

^[6],[8]

Investments at fair value

$ 3,921

^[9]

$ 3,919

^[10]

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	As of September 30, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $79.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $75.3 million. Cumulative net unrealized appreciation was $4.0 million, based on a tax cost of $1,349.6 million.
[4]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[5]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[6]	As of March 31, 2023, the cumulative gross unrealized appreciation for U.S. federal income tax purposes was approximately $72.3 million; cumulative gross unrealized depreciation for federal income tax purposes was $76.8 million. Cumulative net unrealized depreciation was $4.5 million, based on a tax cost of $1,210.8 million.
[7]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[8]	Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[9]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[10]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.
[11]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At September 30, 2023, approximately 12.4% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 25.5%.
[12]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At September 30, 2023, approximately 3.9% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.1%.
[13]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At March 31, 2023, approximately 4.2% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.7%.
[14]	Non-Control/Non-Affiliate investments are generally defined by the 1940 Act, as investments that are neither control investments nor affiliate investments. At September 30, 2023, approximately 83.7% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 172.2%.
[15]	Non-Control/Non-Affiliate investments are generally defined by the Investment Company Act of 1940, as amended (the “1940 Act”), as investments that are neither control investments nor affiliate investments. At March 31, 2023, approximately 80.1% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 163.7%.
[16]	The investment is structured as a first lien first out term loan.
[17]	The majority of investments bear interest at a rate that may be determined by reference to Secured Overnight Financing Rate ("SOFR"), London Interbank Offered Rate (“LIBOR” or “L”), or Prime (“P”) and reset daily (D), monthly (M), quarterly (Q), or semiannually (S). For each investment, the Company has provided the spread over SOFR, LIBOR or Prime and the current contractual interest rate in effect at September 30, 2023. Certain investments are subject to an interest rate floor. Certain investments, as noted, accrue payment-in-kind ("PIK") interest. SOFR based contracts may include a credit spread adjustment (the "Adjustment") that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of September 30, 2023, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.26161%.
[18]	The investment is structured as a first lien first out term loan.
[19]	The majority of investments bear interest at a rate that may be determined by reference to Secured Overnight Financing Rate ("SOFR"), London Interbank Offered Rate (“LIBOR” or “L”), or Prime (“P”) and reset daily (D), monthly (M), quarterly (Q), or semiannually (S). For each investment, the Company has provided the spread over SOFR, LIBOR or Prime and the current contractual interest rate in effect at March 31, 2023. Certain investments are subject to an interest rate floor. Certain investments, as noted, accrue payment-in-kind ("PIK") interest. SOFR based contracts may include a credit spread adjustment (the "Adjustment") that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of March 31, 2023, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.26161%.
[20]	The investment has an unfunded commitment as of September 30, 2023. Refer to Note 10 - Commitments and Contingencies for further discussion.
[21]	The investment has an unfunded commitment as of March 31, 2023. Refer to Note 11 - Commitments and Contingencies to our audited consolidated financial statements for further discussion.
[22]	All of the Company’s investments and the investments of SBIC I (as defined below), unless otherwise noted, are pledged as collateral for the Company’s senior secured credit facility or in support of the SBA-guaranteed debentures to be issued by Capital Southwest SBIC I, LP, the Company's wholly-owned subsidiary that operates as a small business investment company ("SBIC I"), respectively.
[23]	All of the Company’s investments and the investments of SBIC I (as defined below), unless otherwise noted, are pledged as collateral for the Company’s senior secured credit facility or in support of the SBA-guaranteed debentures to be issued by Capital Southwest SBIC I, LP, our wholly-owned subsidiary that operates as a small business investment company ("SBIC I"), respectively.
[24]	Indicates assets that are not considered "qualifying assets" under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. As of September 30, 2023, approximately 14.9% of the Company's total assets (at fair value) were non-qualifying assets.
[25]	Investment is held through a wholly-owned taxable subsidiary.
[26]	Indicates assets that are not considered "qualifying assets" under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. As of March 31, 2023, approximately 13.9% of the Company's assets were non-qualifying assets.
[27]	Investment is held through a wholly-owned taxable subsidiary.
[28]	The investment is structured as a first lien last out term loan.
[29]	The investment is structured as a first lien last out term loan.
[30]	The rate presented represents a weighted-average rate for borrowings under the facility as of September 30, 2023.
[31]	The investment is structured as a split lien term loan, which provides the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor.
[32]	The investment is structured as a split lien term loan, which provides the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor.
[33]	The rate presented represents a weighted-average rate for borrowings under the facility as of March 31, 2023.
[34]	Investment is on non-accrual status as of September 30, 2023, meaning the Company has ceased to recognize interest income on the investment.
[35]	Investment is on non-accrual status as of March 31, 2023, meaning the Company has ceased to recognize interest income on the investment.
[36]	Income producing through dividends or distributions.
[37]	Income producing through dividends or distributions.

SHAREHOLDERS' EQUITY - Schedule of Shares Sold (Details) - Equity ATM Program - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		55 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023
Subsidiary, Sale of Stock [Line Items]
Number of shares sold (in shares)	1,100,000	1,381,716	3,627,458	3,644,568	20,240,580
Gross proceeds received (in thousands)	$ 22,844	$ 26,913	$ 68,416	$ 73,666	$ 413,100
Net proceeds received (in thousands)	$ 22,501	$ 26,509	$ 67,390	$ 72,561	$ 406,500
Weighted average price per share (in usd per share)	$ 20.77	$ 19.48	$ 18.86	$ 20.21	$ 20.41

FAIR VALUE MEASUREMENTS - Schedule of Changes in Fair Value of Investments Measured Using Level 3 Inputs (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss), Investment and Derivative, Operating, after Tax	Gain (Loss), Investment and Derivative, Operating, after Tax
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income Extensible List Not Disclosed Flag	YTD Unrealized Appreciation (Depreciation) on Investments held at period end	YTD Unrealized Appreciation (Depreciation) on Investments held at period end
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	$ 1,155,132	$ 879,011
Realized & Unrealized Gains (Losses)	(7,614)	(5,406)
Purchases of Investments	208,631	218,634
Repayments	(41,441)	(85,740)
PIK Interest Capitalized	2,713	1,976
Divestitures	(17,277)	(2,441)
Conversion/Exchange of Security	0	0
Fair value. ending balance	1,300,144	1,006,034
YTD Unrealized Appreciation (Depreciation) on Investments held at period end	(8,149)	(6,098)
First lien loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	1,000,984	739,872
Realized & Unrealized Gains (Losses)	(5,395)	(8,608)
Purchases of Investments	200,986	211,433
Repayments	(40,307)	(85,598)
PIK Interest Capitalized	2,678	1,694
Divestitures	(13,875)	0
Conversion/Exchange of Security	(3,791)	(6,238)
Fair value. ending balance	1,141,280	852,555
YTD Unrealized Appreciation (Depreciation) on Investments held at period end	(5,740)	(10,824)
Second lien loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	35,820	52,645
Realized & Unrealized Gains (Losses)	2,184	(4,461)
Purchases of Investments	126	2,862
Repayments	(1,114)	(142)
PIK Interest Capitalized	18	225
Divestitures	0	(692)
Conversion/Exchange of Security	0	0
Fair value. ending balance	37,034	50,437
YTD Unrealized Appreciation (Depreciation) on Investments held at period end	2,181	(2,945)
Subordinated debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	791	1,317
Realized & Unrealized Gains (Losses)	(28)	(915)
Purchases of Investments	0	0
Repayments	(20)	0
PIK Interest Capitalized	17	57
Divestitures	0	0
Conversion/Exchange of Security	0	0
Fair value. ending balance	760	459
YTD Unrealized Appreciation (Depreciation) on Investments held at period end	(28)	(914)
Preferred equity
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	63,393	44,663
Realized & Unrealized Gains (Losses)	(1,345)	(990)
Purchases of Investments	4,392	2,859
Repayments	0	0
PIK Interest Capitalized	0	0
Divestitures	0	0
Conversion/Exchange of Security	0	6,238
Fair value. ending balance	66,440	52,770
YTD Unrealized Appreciation (Depreciation) on Investments held at period end	(1,345)	(991)
Common equity & warrants
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	54,144	40,514
Realized & Unrealized Gains (Losses)	(3,030)	9,568
Purchases of Investments	3,127	1,480
Repayments	0	0
PIK Interest Capitalized	0	0
Divestitures	(3,402)	(1,749)
Conversion/Exchange of Security	3,791	0
Fair value. ending balance	54,630	49,813
YTD Unrealized Appreciation (Depreciation) on Investments held at period end	$ (3,217)	$ 9,576

FAIR VALUE MEASUREMENTS - Narrative (Details)	Sep. 30, 2023	Mar. 31, 2023
Privately held debt and equity instruments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Percent of investment assets	100.00%	100.00%

INCOME TAXES - Net Assets Resulting From Operations To Estimated RIC Taxable Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Net unrealized depreciation on investments	$ 22,624	$ 9,458	$ 46,436	$ 11,968
Net unrealized (appreciation) depreciation on investments			(7,439)	8,599
(Expense/loss) income/gain recognized for tax on pass-through entities			(4,184)	35
(Gain) loss recognized on dispositions			(1,641)	(159)
Capital loss carryover			16,733	6,622
Net operating income - wholly-owned subsidiary			(2,990)	(1,568)
Dividend income from wholly-owned subsidiary			0	745
Non-deductible tax expense			252	251
Loss on extinguishment of debt			(1,363)	(1,363)
Non-deductible compensation			1,785	1,644
Compensation related book/tax differences			(3,851)	(3,583)
Interest on non-accrual loans			2,999	1,992
Other book/tax differences			2,525	805
Estimated distributable income before deductions for distributions			49,262	$ 25,988
Capital loss carryover	$ 46,900		$ 46,900

INCOME TAXES - Deferred Tax Assets And Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023
Deferred tax asset:
Net operating loss carryforwards	$ 159	$ 0
Interest	966	219
Total deferred tax asset	1,125	219
Deferred tax liabilities:
Net unrealized appreciation on investments	(10,350)	(11,413)
Net basis differences in portfolio investments	(1,133)	(923)
Total deferred tax liabilities	(11,483)	(12,336)
Total net deferred tax (liabilities) assets	$ (10,358)	$ (12,117)

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands

Sep. 30, 2023

Mar. 31, 2023

Assets

Investments at fair value

$ 1,353,566

^[1],[2],[3]

$ 1,206,388

^[4],[5],[6]

Cash and cash equivalents

23,020

21,585

Receivables:

Dividends and interest

24,182

18,430

Escrow

363

Other

735

647

Income tax receivable

336

368

Debt issuance costs (net of accumulated amortization of $6,707 and $5,642, respectively)

9,631

3,717

Other assets

5,435

6,186

Total assets

1,416,913

1,257,684

Liabilities

Credit facility

250,000

235,000

Other liabilities

15,062

16,761

Accrued restoration plan liability

589

598

Income tax payable

463

156

Deferred tax liability

10,358

12,117

Total liabilities

759,139

667,276

Commitments and contingencies (Note 10)

Net Assets

Common stock, $0.25 par value: authorized, 40,000,000 shares; issued, 39,951,118 shares at September 30, 2023 and 38,415,937 shares at March 31, 2023

9,988

9,604

Additional paid-in capital

690,880

646,586

Total distributable (loss) earnings

(43,094)

(41,845)

Treasury stock - at cost, no shares at September 30, 2023 and 2,339,512 shares at March 31, 2023

(23,937)

Total net assets

657,774

590,408

Total liabilities and net assets

$ 1,416,913

$ 1,257,684

Net asset value per share (in usd per share)

$ 16.46

$ 16.37

SBA Debentures

Liabilities

SBA Debentures (Par value: $130,000 and $120,000, respectively)

$ 126,376

$ 116,330

January 2026 Notes

Liabilities

Notes

139,220

139,051

October 2026 Notes

Liabilities

Notes

147,633

147,263

August 2028 Notes

Liabilities

Notes

69,438

Non-control/Non-affiliate investments

Assets

Investments at fair value

1,132,316

^[3],[7]

966,627

^[6],[8]

Affiliate investments

Assets

Investments at fair value

167,828

^[3],[9]

188,505

^[6]

Control investments

Assets

Investments at fair value

$ 53,422

^[3],[10]

$ 51,256

^[6],[11]

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[4]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[5]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[6]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.
[7]	Non-Control/Non-Affiliate investments are generally defined by the 1940 Act, as investments that are neither control investments nor affiliate investments. At September 30, 2023, approximately 83.7% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 172.2%.
[8]	Non-Control/Non-Affiliate investments are generally defined by the Investment Company Act of 1940, as amended (the “1940 Act”), as investments that are neither control investments nor affiliate investments. At March 31, 2023, approximately 80.1% of the Company’s investment assets were non-control/non-affiliate investments. The fair value of these investments as a percent of net assets is 163.7%.
[9]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At September 30, 2023, approximately 12.4% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 25.5%.
[10]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At September 30, 2023, approximately 3.9% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.1%.
[11]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At March 31, 2023, approximately 4.2% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.7%.

FAIR VALUE MEASUREMENTS - Measurement Inputs and Valuation Techniques (Details)
$ in Thousands

Sep. 30, 2023

USD ($)

Mar. 31, 2023

USD ($)

Fair Value

Investments at fair value

$ 1,353,566

^[1],[2],[3]

$ 1,206,388

^[4],[5],[6]

Significant Unobservable Inputs (Level 3)

Fair Value

Investments at fair value

1,300,144

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach

Fair Value

Investments at fair value

$ 1,086,345

$ 953,918

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.058

0.069

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach | Minimum | Third Party Broker Quote

Fair Value Measurement Input

Investments, measurement input

94.0

5.1

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.454

0.262

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach | Maximum | Third Party Broker Quote

Fair Value Measurement Input

Investments, measurement input

94.0

96.5

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.136

0.130

Significant Unobservable Inputs (Level 3) | First lien loans | Income Approach | Weighted Average | Third Party Broker Quote

Fair Value Measurement Input

Investments, measurement input

94.0

93.9

Significant Unobservable Inputs (Level 3) | First lien loans | Market Approach

Fair Value

Investments at fair value

$ 54,935

$ 41,923

Significant Unobservable Inputs (Level 3) | First lien loans | Market Approach | Minimum | Cost

Fair Value Measurement Input

Investments, measurement input

98.0

94.1

Significant Unobservable Inputs (Level 3) | First lien loans | Market Approach | Maximum | Cost

Fair Value Measurement Input

Investments, measurement input

98.5

98.1

Significant Unobservable Inputs (Level 3) | First lien loans | Market Approach | Weighted Average | Cost

Fair Value Measurement Input

Investments, measurement input

98.1

97.9

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach

Fair Value

Investments at fair value

$ 5,143

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.272

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach | Minimum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.4

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.272

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach | Maximum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.4

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.272

Significant Unobservable Inputs (Level 3) | First lien loans | Enterprise Value Waterfall Approach | Weighted Average | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.4

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach

Fair Value

Investments at fair value

$ 37,034

$ 32,226

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.132

0.183

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach | Minimum | Third Party Broker Quote

Fair Value Measurement Input

Investments, measurement input

52.5

61.3

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.314

0.343

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach | Maximum | Third Party Broker Quote

Fair Value Measurement Input

Investments, measurement input

52.5

61.3

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.221

0.251

Significant Unobservable Inputs (Level 3) | Second lien loans | Income Approach | Weighted Average | Third Party Broker Quote

Fair Value Measurement Input

Investments, measurement input

52.5

61.3

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach

Fair Value

Investments at fair value

$ 3,594

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.272

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach | Minimum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.4

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.272

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach | Maximum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.4

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.272

Significant Unobservable Inputs (Level 3) | Second lien loans | Enterprise Value Waterfall Approach | Weighted Average | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.4

Significant Unobservable Inputs (Level 3) | Subordinated debt | Market Approach

Fair Value

Investments at fair value

$ 202

$ 205

Significant Unobservable Inputs (Level 3) | Subordinated debt | Market Approach | Minimum | Cost

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Subordinated debt | Market Approach | Maximum | Cost

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Subordinated debt | Market Approach | Weighted Average | Cost

Fair Value Measurement Input

Investments, measurement input

1.000

100.0

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach

Fair Value

Investments at fair value

$ 558

$ 586

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.148

0.202

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach | Minimum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

6.0

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.253

0.250

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach | Maximum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

7.7

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.181

0.218

Significant Unobservable Inputs (Level 3) | Subordinated debt | Enterprise Value Waterfall Approach | Weighted Average | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

6.5

6.6

Significant Unobservable Inputs (Level 3) | Preferred equity | Market Approach

Fair Value

Investments at fair value

$ 2,000

$ 3,875

Significant Unobservable Inputs (Level 3) | Preferred equity | Market Approach | Minimum | Cost

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Preferred equity | Market Approach | Maximum | Cost

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Preferred equity | Market Approach | Weighted Average | Cost

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach

Fair Value

Investments at fair value

$ 64,440

$ 59,518

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.127

0.117

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach | Minimum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

4.8

4.7

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.309

0.308

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach | Maximum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

15.9

16.7

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.190

0.171

Significant Unobservable Inputs (Level 3) | Preferred equity | Enterprise Value Waterfall Approach | Weighted Average | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.9

9.8

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Market Approach

Fair Value

Investments at fair value

$ 1,080

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Market Approach | Minimum | Exit Value

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Market Approach | Maximum | Exit Value

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Market Approach | Weighted Average | Exit Value

Fair Value Measurement Input

Investments, measurement input

100.0

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach

Fair Value

Investments at fair value

$ 54,630

$ 53,064

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach | Minimum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.120

0.114

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach | Minimum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

5.2

5.5

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach | Maximum | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.268

0.366

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach | Maximum | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

17.3

18.6

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach | Weighted Average | Discount Rate

Fair Value Measurement Input

Investments, measurement input

0.166

0.182

Significant Unobservable Inputs (Level 3) | Common equity & warrants | Enterprise Value Waterfall Approach | Weighted Average | EBITDA Multiple

Fair Value Measurement Input

Investments, measurement input

9.1

9.5

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[4]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[5]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[6]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.

SUMMARY OF PER SHARE INFORMATION

6 Months Ended

Sep. 30, 2023

Investment Company [Abstract]

SUMMARY OF PER SHARE INFORMATION

The following presents a summary of per share data for the six months ended September 30, 2023 and 2022 (share amounts presented in thousands).


	Six Months Ended
	September 30,
Per Share Data:		2023			2022
Investment income1		$	2.15		$	1.84
Operating expenses1		(0.82)			(0.81)
Income taxes1		0.01			(0.02)
Net investment income1		1.34			1.01
Net realized (loss) gain, net of tax1		(0.32)			(0.24)
Net unrealized appreciation (depreciation) on investments, net of tax1		0.19			(0.32)
Realized loss on extinguishment of debt1		(0.01)			—
Total increase from investment operations		1.20			0.45
Accretive effect of share issuances and repurchases		0.20			0.39
Dividends to shareholders		(1.21)			(1.13)
Issuance of restricted stock2		(0.13)			(0.14)
Common stock withheld for payroll taxes upon vesting of restricted stock		(0.05)			(0.01)
Share based compensation expense		0.06			0.07
Other3		0.02			0.04
Increase (decrease) in net asset value		0.09			(0.33)
Net asset value
Beginning of period		16.37			16.86
End of period		$	16.46		$	16.53

Ratios and Supplemental Data
Ratio of operating expenses to average net assets4		9.90		%	9.76		%
Ratio of net investment income to average net assets4		16.15		%	12.07		%
Portfolio turnover		4.59		%	9.01		%
Total investment return5		36.14		%	(24.06)		%
Total return based on change in NAV6		7.94		%	4.74		%

Per share market value at the end of the period		$	22.90		$	16.94
Weighted-average basic and diluted shares outstanding		38,654			26,757
Common shares outstanding at end of period		39,951			28,782

1Based on weighted average of common shares outstanding for the period.

2Reflects impact of the different share amounts as a result of issuance or forfeiture of restricted stock during the period.

3Includes the impact of the different share amounts as a result of calculating certain per share data based on the weighted-average basic shares outstanding during the period and certain per share data based on the shares outstanding as of a period end. The balance increases with the increase in variability of shares outstanding throughout the year due to share issuance and repurchase activity.

4The ratios reflect an annualized amount.

5Total investment return based on purchase of stock at the current market price on the first day and a sale at the current market price on the last day of each period reported on the table and assumes reinvestment of dividends at prices obtained by CSWC’s dividend reinvestment plan during the period. As such, the total investment return is not annualized. The return does not reflect any sales load that may be paid by an investor.

6Total return based on change in NAV was calculated using the sum of ending NAV plus dividends to shareholders and other non-operating changes during the period, as divided by the beginning NAV, and has not been annualized.

Schedule of Investments in and Advances to Affiliates (Details) - USD ($)
$ in Thousands

6 Months Ended

Sep. 30, 2023

Mar. 31, 2023

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[1],[2],[3]

$ 1,206,388

Fair Value, ending balance

^[4],[5],[6]

1,353,566

Control investments

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

4,310

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[7]

51,256

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

2,166

Fair Value, ending balance

^[6],[8]

53,422

Affiliate investments

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

139,059

Amount of Interest or Dividends Credited in Income

9,873

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

188,505

Gross Additions

30,065

Gross Reductions

(52,463)

Amount of Realized Gain/(Loss)

(6,410)

Amount of Unrealized Gain/(Loss)

8,131

Fair Value, ending balance

^[6],[9]

167,828

Total Control & Affiliate Investments

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

139,059

Amount of Interest or Dividends Credited in Income

14,183

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

239,761

Gross Additions

30,065

Gross Reductions

(52,463)

Amount of Realized Gain/(Loss)

(6,410)

Amount of Unrealized Gain/(Loss)

10,297

Fair Value, ending balance

221,250

Investment, Identifier [Axis]: 360 QUOTE TOPCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

22,431

^[10]

$ 25,000

^[11]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[11]

23,125

Fair Value, ending balance

^[6],[10]

19,066

Investment, Identifier [Axis]: 360 QUOTE TOPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

3,280

3,250

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,006

Fair Value, ending balance

^[6]

2,788

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

336

^[12]

274

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

264

Fair Value, ending balance

^[6],[12]

316

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,163

$ 10,199

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,842

Fair Value, ending balance

^[6]

$ 10,493

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Shares common stock

Schedule of Investments [Line Items]

Shares (in shares)

374,543

^[14]

374,543

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

716

Fair Value, ending balance

^[6]

716

Investment, Identifier [Axis]: AAC NEW HOLDCO INC., Warrants (Expiration - December 11, 2025)

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

881

Fair Value, ending balance

^[6]

$ 881

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, 1,000,000 Class B-2 Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[14],[16],[17]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,000

Fair Value, ending balance

^{[6],[16],[17]}

1,000

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,500

^[12]

7,500

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

7,380

Fair Value, ending balance

^[6],[12]

7,500

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

4,920

Fair Value, ending balance

^[6]

5,000

Investment, Identifier [Axis]: ACACIA BUYERCO V LLC, Revolver Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

1,019

^{[14],[16],[17]}

1,019

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

19,550

^[20]

$ 19,550

^[21]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[21]

19,550

Fair Value, ending balance

^[6],[20]

$ 19,139

Investment, Identifier [Axis]: ACCELERATION PARTNERS, LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,019

^{[14],[16],[17]}

1,019

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,223

Fair Value, ending balance

^{[6],[16],[17]}

$ 1,063

Investment, Identifier [Axis]: ACCELERATION, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

1,611.22

^{[14],[16],[17]}

1,611.22

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

165

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: ACCELERATION, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,158

9,228

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,228

Fair Value, ending balance

^[6]

9,158

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,158

9,228

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,228

Fair Value, ending balance

^[6]

9,158

Investment, Identifier [Axis]: ACCELERATION, LLC, First Lien - Term Loan C

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,158

$ 9,228

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,228

Fair Value, ending balance

^[6]

$ 9,158

Investment, Identifier [Axis]: ACCELERATION, LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

13,451.22

^{[14],[16],[17]}

13,451.22

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,482

Fair Value, ending balance

^{[6],[16],[17]}

1,447

Investment, Identifier [Axis]: ACCELERATION, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,200

^[12]

3,700

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

3,700

Fair Value, ending balance

^[6],[12]

2,200

Investment, Identifier [Axis]: ACE GATHERING, INC.

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,592

^[22]

7,698

^[23]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[23]

7,082

Fair Value, ending balance

^[6],[22]

6,461

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

14,836

$ 27,438

Amount of Interest or Dividends Credited in Income

1,577

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

27,438

Gross Additions

1,356

Gross Reductions

(13,897)

Amount of Realized Gain/(Loss)

174

Amount of Unrealized Gain/(Loss)

(235)

Fair Value, ending balance

^[6]

$ 14,836

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

766,738.93

^{[14],[16],[17]}

766,738.93

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,202

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

900

Fair Value, ending balance

^{[6],[16],[17]}

2,102

Investment, Identifier [Axis]: AIR CONDITIONING SPECIALIST, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

825

^[12]

$ 800

^[13]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

800

Gross Additions

604

Gross Reductions

(575)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(19)

Fair Value, ending balance

^[6],[12]

$ 825

Investment, Identifier [Axis]: ALLIANCE SPORTS GROUP, L.P., Membership preferred interest

Schedule of Investments [Line Items]

Ownership percent

3.88%

^[14]

3.88%

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

2,691

Fair Value, ending balance

^[6]

956

Investment, Identifier [Axis]: ALLIANCE SPORTS GROUP, L.P., Unsecured convertible Note

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

173

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

201

Fair Value, ending balance

^[6]

173

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,851

11,716

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

10,978

Fair Value, ending balance

^[6]

10,547

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,762

^[24]

$ 11,716

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,958

Fair Value, ending balance

^[6],[24]

$ 8,351

Investment, Identifier [Axis]: AMERICAN NUTS OPERATIONS LLC, Units of Class A common stock

Schedule of Investments [Line Items]

Shares (in shares)

3,000,000

^{[14],[16],[17]}

3,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[25]

4,899

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[25]

251

Investment, Identifier [Axis]: AMERICAN TELECONFERENCING SERVICES, LTD. (DBA PREMIERE GLOBAL SERVICES, INC.), Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13],[25]

$ 862

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[13],[25]}

$ 44

Investment, Identifier [Axis]: ARBORWORKS, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

100

^{[14],[16],[17]}

100

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: ARBORWORKS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,559

^[24]

12,610

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,470

Fair Value, ending balance

^[6],[24]

5,363

Investment, Identifier [Axis]: ARBORWORKS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,904

^[12],[24]

$ 2,000

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

1,502

Fair Value, ending balance

^{[6],[12],[24]}

$ 1,240

Investment, Identifier [Axis]: ASC ORTHO MANAGEMENT COMPANY, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

2,572

^{[14],[16],[17]}

2,572

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

847

Fair Value, ending balance

^{[6],[16],[17]}

$ 847

Investment, Identifier [Axis]: ATS OPERATING, LLC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[14],[16],[17]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,000

Fair Value, ending balance

^{[6],[16],[17]}

1,000

Investment, Identifier [Axis]: ATS OPERATING, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,250

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,102

Fair Value, ending balance

^[6]

9,250

Investment, Identifier [Axis]: ATS OPERATING, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,250

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,102

Fair Value, ending balance

^[6]

9,158

Investment, Identifier [Axis]: ATS OPERATING, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,000

^[12]

$ 500

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

492

Fair Value, ending balance

^[6],[12]

$ 1,000

Investment, Identifier [Axis]: BINSWANGER HOLDING CORP., Shares of common stock

Schedule of Investments [Line Items]

Shares (in shares)

900,000

^[14]

900,000

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

Fair Value, ending balance

^[6]

$ 0

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

$ 1,000

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Class A common units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16]

9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[16]

8,829

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16]

9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[16]

8,829

Investment, Identifier [Axis]: BOND BRAND LOYALTY ULC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12],[16]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[12],[16]}

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC (DBA EPIC IO TECHNOLOGIES), Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[15],[18],[19]}

1,131,579

Principal Amount - Debt Investments

^[18],[19]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

$ 1,649

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC, Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,131,579

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

$ 1,400

Investment, Identifier [Axis]: BROAD SKY NETWORKS LLC, Series C Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

89,335

^{[14],[16],[17]}

89,335

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

130

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: C&M CONVEYOR, INC, First Lien-Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,500

^[22]

6,500

^[23]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[23]

6,377

Fair Value, ending balance

^[6],[22]

6,500

Investment, Identifier [Axis]: C&M CONVEYOR, INC, First Lien-Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,500

^[22]

6,500

^[23]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[23]

6,377

Fair Value, ending balance

^[6],[22]

6,500

Investment, Identifier [Axis]: CADMIUM, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,385

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,134

Fair Value, ending balance

^[6]

7,311

Investment, Identifier [Axis]: CADMIUM, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

615

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

594

Fair Value, ending balance

^[6]

609

Investment, Identifier [Axis]: CAMIN CARGO CONTROL, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,662

$ 5,692

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

5,692

Fair Value, ending balance

^[6]

$ 5,662

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

1,658

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 1,658

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[14],[16],[17],[26]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^{[16],[17],[26]}

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,658

Fair Value, ending balance

^{[6],[16],[17],[26]}

$ 1,658

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class B Units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

714

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 714

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Class B units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

^{[12],[14],[16],[17],[26]}

500,000

^{[13],[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^{[12],[16],[17],[26]}

$ 0

^{[13],[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[13],[18],[19],[27]}

714

Fair Value, ending balance

^{[6],[12],[16],[17],[26]}

714

Investment, Identifier [Axis]: CATBIRD NYC, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,300

15,500

Amount of Interest or Dividends Credited in Income

984

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

15,500

Gross Additions

Gross Reductions

(200)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(31)

Fair Value, ending balance

^[6]

15,300

Investment, Identifier [Axis]: CATBIRD NYC, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,500

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

1,500

Investment, Identifier [Axis]: CATBIRD NYC, LLC. Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,500

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

1,508

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(8)

Fair Value, ending balance

$ 1,500

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Class A-1 Units

Schedule of Investments [Line Items]

Shares (in shares)

690,324

^[14]

625,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: CAVALIER BUYER, INC. First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,500

$ 6,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

6,372

Fair Value, ending balance

^[6]

$ 6,435

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

690,324

^[14]

625,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

625

Fair Value, ending balance

^{[6],[16],[17]}

726

Investment, Identifier [Axis]: CAVALIER BUYER, INC. Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Delayed Draw Capex Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

100

^[12]

100

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

100

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

100

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(2)

Fair Value, ending balance

100

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,506

$ 7,500

Amount of Interest or Dividends Credited in Income

586

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,402

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6]

$ 7,506

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,987,930

^{[14],[16],[17]}

1,380,500

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

357

Gross Additions

121

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

369

Fair Value, ending balance

^{[6],[16],[17]}

847

Investment, Identifier [Axis]: CENTRAL MEDICAL SUPPLY LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

300

^[12]

$ 300

^[13]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

296

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6],[12]

$ 300

Investment, Identifier [Axis]: CHANDLER SIGNS, LLC, Units of Class A-1 common stock

Schedule of Investments [Line Items]

Shares (in shares)

1,500,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[18],[19]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

3,215

Gross Additions

Gross Reductions

(3,402)

Amount of Realized Gain/(Loss)

1,902

Amount of Unrealized Gain/(Loss)

(1,715)

Fair Value, ending balance

Investment, Identifier [Axis]: CITYVET, INC. Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: CITYVET, INC. First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

14,703

Investment, Identifier [Axis]: CRAFTY APES, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,000

^[20]

$ 15,000

^[21]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[21]

15,000

Fair Value, ending balance

^[6],[20]

$ 14,220

Investment, Identifier [Axis]: DAMOTECH INC. Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: DAMOTECH INC. Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12],[16]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[12],[16]}

Investment, Identifier [Axis]: DAMOTECH INC. First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16]

5,100

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[16]

5,003

Investment, Identifier [Axis]: DAMOTECH INC. First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16]

5,100

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[16]

$ 5,003

Investment, Identifier [Axis]: DAMOTECH INC. Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

1,000

Investment, Identifier [Axis]: DAMOTECH INC.. Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12],[16]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[12],[16]}

$ 0

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

1,681.04

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

(3,615)

Amount of Unrealized Gain/(Loss)

3,615

Fair Value, ending balance

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

(1,649)

Amount of Unrealized Gain/(Loss)

1,649

Fair Value, ending balance

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

(1,829)

Amount of Unrealized Gain/(Loss)

1,829

Fair Value, ending balance

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien, L+11.00% PIK

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[25]

1,649

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[25]

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, First Lien, L+9.00% PIK

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[25]

1,829

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[25]

Investment, Identifier [Axis]: DELPHI BEHAVIORAL HEALTH GROUP, LLC, Protective Advance

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

$ 1,448

^[25]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[25]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

(1,448)

Amount of Unrealized Gain/(Loss)

1,448

Fair Value, ending balance

$ 0

Investment, Identifier [Axis]: DELPHI LENDER HOLDCO LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

^[14]

254

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

$ 0

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 2,500,000 Common units

Schedule of Investments [Line Items]

Shares (in shares)

2,500,000

^{[14],[16],[17]}

2,500,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

$ 0

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 250,000 Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

250,000

^{[14],[16],[17]}

250,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

625

Fair Value, ending balance

^{[6],[16],[17]}

$ 625

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 255,984.22 Class C Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

255,984.22

^{[14],[16],[17]}

255,984.22

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

$ 0

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, 5,435,211.03 Class B Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

5,435,211.03

^{[14],[16],[17]}

5,435,211.03

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

2,218

Fair Value, ending balance

^{[6],[16],[17]}

2,218

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

4,038

3,846

Amount of Interest or Dividends Credited in Income

194

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,823

Gross Additions

194

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(3)

Fair Value, ending balance

^[6]

4,014

Investment, Identifier [Axis]: DYNAMIC COMMUNITIES, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

4,101

3,867

Amount of Interest or Dividends Credited in Income

234

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,843

Gross Additions

234

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(1)

Fair Value, ending balance

^[6]

$ 4,076

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

250,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

625

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 625

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class B Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

5,435,211.03

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

2,218

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 2,218

Investment, Identifier [Axis]: Dynamic Communities, LLC, Class C Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

255,984.22

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 0

Investment, Identifier [Axis]: Dynamic Communities, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

2,500,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,250

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

10,980

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,250

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

10,980

Investment, Identifier [Axis]: EDGE AUTONOMY HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: EVEREST TRANSPORTATION SYSTEMS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,334

$ 8,566

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

8,566

Fair Value, ending balance

^[6]

$ 7,834

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

615.156

^[14]

615.156

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

770

Fair Value, ending balance

^[6]

945

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,333

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6]

2,333

Investment, Identifier [Axis]: EXACT BORROWER, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,774

9,450

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,271

Fair Value, ending balance

^[6]

8,774

Investment, Identifier [Axis]: EXACT BORROWER, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,774

9,450

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,271

Fair Value, ending balance

^[6]

8,774

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Promissory Note

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

385

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

385

Fair Value, ending balance

^[6]

385

Investment, Identifier [Axis]: EXACT BORROWER, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

^{[14],[16],[17],[26]}

2,000,000

^{[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^{[16],[17],[26]}

$ 0

^{[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19],[27]}

17,678

Fair Value, ending balance

^{[6],[16],[17],[26]}

9,205

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,818

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

2,818

Fair Value, ending balance

^[6]

2,793

Investment, Identifier [Axis]: FLIP ELECTRONICS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

31,845

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

31,845

Fair Value, ending balance

^[6]

31,559

Investment, Identifier [Axis]: FM SYLVAN, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,888

11,963

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

11,963

Fair Value, ending balance

^[6]

11,888

Investment, Identifier [Axis]: FM SYLVAN, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 2,000

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

2,000

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: FOOD PHARMA SUBSIDIARY HOLDINGS, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

75,000

^{[14],[16],[17]}

75,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

911

Fair Value, ending balance

^{[6],[16],[17]}

911

Investment, Identifier [Axis]: FOOD PHARMA SUBSIDIARY HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,030

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,030

Fair Value, ending balance

^[6]

$ 7,030

Investment, Identifier [Axis]: FS VECTOR LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

1,000

Investment, Identifier [Axis]: FS VECTOR LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

8,847

Investment, Identifier [Axis]: FS VECTOR LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

8,847

Investment, Identifier [Axis]: FS VECTOR LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,358

Fair Value, ending balance

^[6]

7,500

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,358

Fair Value, ending balance

^[6]

7,500

Investment, Identifier [Axis]: GAINS INTERMEDIATE, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[14],[16],[17]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,000

Fair Value, ending balance

^{[6],[16],[17]}

1,469

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,073

^[10]

6,150

^[11]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[11]

6,030

Fair Value, ending balance

^[6],[10]

6,073

Investment, Identifier [Axis]: GPT INDUSTRIES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: GPT Industries, LLC Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

1,000

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

469

Fair Value, ending balance

1,469

Investment, Identifier [Axis]: GPT Industries, LLC First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,073

Amount of Interest or Dividends Credited in Income

443

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

6,030

Gross Additions

Gross Reductions

(77)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

111

Fair Value, ending balance

6,073

Investment, Identifier [Axis]: GPT Industries, LLC Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(6)

Fair Value, ending balance

$ 0

Investment, Identifier [Axis]: GRAMMATECH, INC., Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,000

^[14]

1,000

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6]

$ 0

Investment, Identifier [Axis]: GRAMMATECH, INC., Class A-1 units

Schedule of Investments [Line Items]

Shares (in shares)

360.06

^[14]

360.06

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

372

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(372)

Fair Value, ending balance

^[6]

Investment, Identifier [Axis]: GRAMMATECH, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,000

10,031

Amount of Interest or Dividends Credited in Income

657

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

10,031

Gross Additions

Gross Reductions

(8,031)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(56)

Fair Value, ending balance

^[6]

2,000

Investment, Identifier [Axis]: GRAMMATECH, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(4)

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

1,500,000

^{[14],[16],[17]}

1,500,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,500

Fair Value, ending balance

^{[6],[16],[17]}

1,815

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

4,531

4,511

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

4,376

Fair Value, ending balance

^[6]

4,531

Investment, Identifier [Axis]: GUARDIAN FLEET SERVICES, INC. Warrants

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

Fair Value, ending balance

^[6]

156

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

302

^[12]

303

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

297

Fair Value, ending balance

^[6],[12]

296

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

3,624

3,642

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,573

Fair Value, ending balance

^[6]

3,555

Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

353

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

347

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: HEAT TRAK, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

11,270

Investment, Identifier [Axis]: HEAT TRAK, LLC, Warrants

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

1,104

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,016

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

$ 7,831

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

108,211.4

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

323

Investment, Identifier [Axis]: HH-INSPIRE ACQUISITION, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

566

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

554

Investment, Identifier [Axis]: HYBRID APPAREL, LLC, Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,768

^[22]

$ 15,750

^[23]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[23]

13,120

Fair Value, ending balance

^[6],[22]

$ 14,696

Investment, Identifier [Axis]: I-45 SLF LLC

Schedule of Investments [Line Items]

Ownership percent

80.00%

^{[14],[16],[26]}

80.00%

^{[13],[15],[18],[27]}

Principal Amount - Debt Investments

$ 0

^[16],[26]

$ 0

^{[13],[18],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[13],[18],[27]}

51,256

Fair Value, ending balance

^{[6],[16],[26]}

$ 53,422

Investment, Identifier [Axis]: I-45 SLF LLC, LLC equity interest

Schedule of Investments [Line Items]

Ownership percent

80.00%

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

4,310

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

51,256

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

2,166

Fair Value, ending balance

53,422

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,347

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

1,347

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,614

$ 7,653

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,653

Fair Value, ending balance

^[6]

$ 7,614

Investment, Identifier [Axis]: INFOLINKS MEDIA BUYCO, LLC, LP interest

Schedule of Investments [Line Items]

Ownership percent

1.68%

^{[12],[14],[16],[17],[26]}

1.68%

^{[13],[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^{[12],[16],[17],[26]}

$ 0

^{[13],[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[13],[18],[19],[27]}

944

Fair Value, ending balance

^{[6],[12],[16],[17],[26]}

1,121

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

7,350

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

$ 7,350

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

100,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

1,000

Investment, Identifier [Axis]: INSTITUTES OF HEALTH, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

5,000

Fair Value, ending balance

^[6]

5,000

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^[14]

1,000,000

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

1,000

Fair Value, ending balance

^[6]

$ 1,057

Investment, Identifier [Axis]: ISI ENTERPRISES, LLC, Series A-1 Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^[14]

166,667

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

518

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

25,000

$ 9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

8,823

Fair Value, ending balance

^[6]

$ 24,550

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

1,195,526

^{[14],[16],[17]}

750,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

750

Fair Value, ending balance

^{[6],[16],[17]}

1,570

Investment, Identifier [Axis]: ISLAND PUMP AND TANK, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 500

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

471

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Class A Membership Interest

Schedule of Investments [Line Items]

Ownership percent

9.25%

^{[14],[16],[17]}

9.25%

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

4,348

Fair Value, ending balance

^{[6],[16],[17]}

$ 2,374

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Class A membership interest

Schedule of Investments [Line Items]

Ownership percent

9.25%

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

4,348

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(1,974)

Fair Value, ending balance

2,374

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

(28)

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - PIK Note A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

3,271

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,255

Gross Additions

168

Gross Reductions

(3,427)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - PIK Note B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

129

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

128

Gross Additions

Gross Reductions

(134)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term B Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,901

5,057

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

5,068

Fair Value, ending balance

^[6]

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,901

10,114

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

10,114

Fair Value, ending balance

^[6]

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan - 1

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

282

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

10,114

Gross Additions

Gross Reductions

(10,145)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan - 2

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,901

Amount of Interest or Dividends Credited in Income

665

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

10,850

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

2,051

Fair Value, ending balance

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan B - 1

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

189

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

5,068

Gross Additions

Gross Reductions

(5,073)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(12)

Fair Value, ending balance

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, First Lien - Term Loan B - 2

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,901

Amount of Interest or Dividends Credited in Income

734

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

10,846

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

2,055

Fair Value, ending balance

12,901

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

7,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,014

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Revolving loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

269

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

7,014

Gross Additions

(34)

Gross Reductions

(7,005)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants (Expiration - March 29, 2029)9,13

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16],[17]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

4,046

Fair Value, ending balance

^{[6],[16],[17]}

4,005

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants (Expiration - Warrants

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16],[17]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

3,869

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants - 1

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

4,046

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(41)

Fair Value, ending balance

4,005

Investment, Identifier [Axis]: ITA HOLDINGS GROUP, LLC, Warrants - 2

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

3,791

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

3,869

Investment, Identifier [Axis]: JACKSON HEWITT TAX SERVICE, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

10,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

9,851

Investment, Identifier [Axis]: JVMC HOLDINGS CORP., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

4,796

6,132

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

6,132

Fair Value, ending balance

^[6]

4,796

Investment, Identifier [Axis]: KMS, INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

2,228

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

2,016

Investment, Identifier [Axis]: KMS, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

17,902

^[22]

15,800

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

14,299

Fair Value, ending balance

^[6],[22]

15,217

Investment, Identifier [Axis]: LASH OPCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

10,478

10,532

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

10,110

Fair Value, ending balance

^[6]

10,143

Investment, Identifier [Axis]: LASH OPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

622

^[12]

343

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

330

Fair Value, ending balance

^[6],[12]

602

Investment, Identifier [Axis]: LGM PHARMA, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,507

2,501

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

2,501

Fair Value, ending balance

^[6]

2,507

Investment, Identifier [Axis]: LGM PHARMA, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,506

$ 11,477

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

11,477

Fair Value, ending balance

^[6]

$ 11,506

Investment, Identifier [Axis]: LGM PHARMA, LLC, Units of Class A common stock

Schedule of Investments [Line Items]

Shares (in shares)

142,278.89

^{[14],[16],[17]}

142,278.89

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,692

Fair Value, ending balance

^{[6],[16],[17]}

2,223

Investment, Identifier [Axis]: LGM PHARMA, LLC, Unsecured convertible note

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

127

^[16],[17]

$ 113

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

113

Fair Value, ending balance

^{[6],[16],[17]}

$ 127

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Common units

Schedule of Investments [Line Items]

Shares (in shares)

203,124.9999

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[18],[19]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,117

5,143

Amount of Interest or Dividends Credited in Income

196

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

5,143

Gross Additions

Gross Reductions

(26)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(138)

Fair Value, ending balance

4,979

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,208

$ 5,208

^[25]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[25]

3,594

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

1,323

Fair Value, ending balance

$ 4,917

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC (DBA ENVOCORE), Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

208,333.3333

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[18],[19]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 0

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

203,124.9999

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,117

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

4,979

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[24]

5,208

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[24]

$ 4,917

Investment, Identifier [Axis]: LIGHTING RETROFIT INTERNATIONAL, LLC, Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

208,333.3333

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

$ 22,714

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

$ 22,305

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), LLC interest

Schedule of Investments [Line Items]

Ownership percent

0.88%

^{[14],[16],[17]}

0.88%

^{[15],[18],[19]}

Principal Amount - Debt Investments

^[18],[19]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

$ 416

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC (DBA VIMERGY), Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

22,425

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

21,303

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, LLC interest

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16],[17]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

263

Investment, Identifier [Axis]: LIGHTNING INTERMEDIATE II, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

556

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

$ 528

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,000,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

1,259

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

6,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

6,435

Investment, Identifier [Axis]: LKC TECHNOLOGIES, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: LLFLEX, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

10,795

^[22]

10,835

^[23]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[23]

10,131

Fair Value, ending balance

^[6],[22]

9,176

Investment, Identifier [Axis]: MAKO STEEL LP, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,828

7,879

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,839

Fair Value, ending balance

^[6]

7,828

Investment, Identifier [Axis]: MAKO STEEL LP, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

377

^[12]

943

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

939

Fair Value, ending balance

^[6],[12]

377

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,344

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

11,949

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

$ 2,759

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

$ 2,593

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC (DBA TELE-TOWN HALL), Series A units

Schedule of Investments [Line Items]

Shares (in shares)

2,089,599

^{[14],[16],[17]}

2,089,599

^{[15],[18],[19]}

Principal Amount - Debt Investments

^[18],[19]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

$ 770

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,313

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

11,451

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,750

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

2,448

Investment, Identifier [Axis]: MERCURY ACQUISITION 2021, LLC, Series A units

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16],[17]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: MICROBE FORMULAS LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

10,578

11,621

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

11,505

Fair Value, ending balance

^[6]

10,578

Investment, Identifier [Axis]: MICROBE FORMULAS LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[14],[16],[17]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,185

Fair Value, ending balance

^{[6],[16],[17]}

1,185

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

21,800

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

21,800

Fair Value, ending balance

^[6]

21,800

Investment, Identifier [Axis]: MUENSTER MILLING COMPANY, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, Class A-3 Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

191,049.33

^{[14],[16],[17],[26]}

191,049.33

^{[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^{[16],[17],[26]}

$ 0

^{[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19],[27]}

2,000

Fair Value, ending balance

^{[6],[16],[17],[26]}

2,000

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,716

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,550

Fair Value, ending balance

^[6]

9,327

Investment, Identifier [Axis]: NATIONAL CREDIT CARE, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,716

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,550

Fair Value, ending balance

^[6]

9,327

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,447

7,478

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,104

Fair Value, ending balance

^[6]

7,447

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,447

7,478

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

6,356

Fair Value, ending balance

^[6]

7,447

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, First Lien-Term Loan C

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,163

3,176

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,097

Fair Value, ending balance

^[6]

5,163

Investment, Identifier [Axis]: NEUROPSYCHIATRIC HOSPITALS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,000

4,400

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

4,180

Fair Value, ending balance

^[6]

5,000

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

13,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

12,753

Fair Value, ending balance

^[6]

13,000

Investment, Identifier [Axis]: NEW SKINNY MIXES, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,750

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

1,750

Investment, Identifier [Axis]: NINJATRADER, INC., Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Investment, Identifier [Axis]: NINJATRADER, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

21,869

$ 23,150

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

23,150

Fair Value, ending balance

^[6]

$ 21,869

Investment, Identifier [Axis]: NINJATRADER, INC., Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

^{[14],[16],[17],[26]}

2,000,000

^{[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^{[16],[17],[26]}

$ 0

^{[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19],[27]}

11,138

Fair Value, ending balance

^{[6],[16],[17],[26]}

15,430

Investment, Identifier [Axis]: NINJATRADER, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: NWN PARENT HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,604

12,688

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

12,510

Fair Value, ending balance

^[6]

12,604

Investment, Identifier [Axis]: NWN PARENT HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

1,020

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

1,006

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,052

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,052

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

3,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,000

Investment, Identifier [Axis]: OPCO BORROWER, LLC (DBA GIVING HOME HEALTH CARE), Warrants (Expiration - August 19, 2029)

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

399

Investment, Identifier [Axis]: OPCO BORROWER, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,661

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

8,661

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

3,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

3,000

Investment, Identifier [Axis]: OPCO BORROWER, LLC, Warrants (Expiration - August 19, 2029)

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

$ 558

Investment, Identifier [Axis]: OUTERBOX, LLC, Class A common units

Schedule of Investments [Line Items]

Shares (in shares)

6,308.2584

^{[14],[16],[17]}

6,308.2584

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

773

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^{[6],[16],[17]}

773

Investment, Identifier [Axis]: OUTERBOX, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

14,625

Amount of Interest or Dividends Credited in Income

918

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

14,552

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6]

14,625

Investment, Identifier [Axis]: OUTERBOX, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(3)

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: PIPELINE TECHNIQUE LTD., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,500

^[16]

9,750

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,565

Fair Value, ending balance

^[6],[16]

9,348

Investment, Identifier [Axis]: PIPELINE TECHNIQUE LTD., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,389

^[12],[16]

500

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

490

Fair Value, ending balance

^{[6],[12],[16]}

1,367

Investment, Identifier [Axis]: RESEARCH NOW GROUP, INC., Second Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

10,500

$ 10,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

6,431

Fair Value, ending balance

^[6]

$ 5,513

Investment, Identifier [Axis]: ROOF OPCO, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

535,714.29

^{[14],[16],[17]}

535,714.29

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

750

Fair Value, ending balance

^{[6],[16],[17]}

$ 775

Investment, Identifier [Axis]: ROOF OPCO, LLC, Class B Units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

250,000

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

262

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

21,633

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

21,071

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

13,261

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

12,731

Investment, Identifier [Axis]: ROOF OPCO, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

13,261

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

12,731

Investment, Identifier [Axis]: ROOF OPCO, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A Units

Schedule of Investments [Line Items]

Shares (in shares)

16,084

^[14]

16,084

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

422

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

174

Fair Value, ending balance

^[6]

$ 596

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A-1 Units

Schedule of Investments [Line Items]

Shares (in shares)

1,100

^[14]

1,100

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

161

Fair Value, ending balance

^[6]

$ 173

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Class A-2 Units

Schedule of Investments [Line Items]

Shares (in shares)

3,364

^[14]

3,364

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

694

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6]

730

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

14,978

15,051

Amount of Interest or Dividends Credited in Income

917

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

14,524

Gross Additions

Gross Reductions

(72)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

424

Fair Value, ending balance

^[6]

14,888

Investment, Identifier [Axis]: ROSELAND MANAGEMENT, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

300

^[12]

575

^[13]

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

555

Gross Additions

Gross Reductions

(275)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6],[12]

298

Investment, Identifier [Axis]: RTIC SUBSIDIARY HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,987

6,166

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

5,364

Fair Value, ending balance

^[6]

5,742

Investment, Identifier [Axis]: RTIC SUBSIDIARY HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

712

^[12]

822

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

715

Fair Value, ending balance

^[6],[12]

$ 683

Investment, Identifier [Axis]: Roseland Management, LLC, Class A-1 Units

Schedule of Investments [Line Items]

Shares (in shares)

1,100

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

161

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 173

Investment, Identifier [Axis]: Roseland Management, LLC, Class A-2 units

Schedule of Investments [Line Items]

Shares (in shares)

3,364

Investment, Identifier [Axis]: SCRIP INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

$ 16,666

$ 16,750

^[21]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[21]

15,594

Fair Value, ending balance

^[6]

$ 16,500

Investment, Identifier [Axis]: SCRIP INC., Shares of common stock

Schedule of Investments [Line Items]

Shares (in shares)

100

^[14]

100

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

751

Fair Value, ending balance

^[6]

$ 751

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

^[16]

40,000

^[14]

40,000

^[15]

Principal Amount - Debt Investments

^[16]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[16]

Fair Value, ending balance

^[6],[16]

$ 66

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

^[16]

1,200,000

^[14]

1,200,000

^[15]

Principal Amount - Debt Investments

^[16]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[16]

2,558

Fair Value, ending balance

^[6],[16]

1,973

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16]

13,574

13,643

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[16]

13,643

Fair Value, ending balance

^[6],[16]

13,574

Investment, Identifier [Axis]: SHEARWATER RESEARCH, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16]

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[13],[16]}

Fair Value, ending balance

^{[6],[12],[16]}

$ 0

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

238,095.24

^{[14],[16],[17]}

238,095.24

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

411

Fair Value, ending balance

^{[6],[16],[17]}

411

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,237

11,382

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

11,040

Fair Value, ending balance

^[6]

10,934

Investment, Identifier [Axis]: SIB HOLDINGS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

866

^[12]

$ 702

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

681

Fair Value, ending balance

^[6],[12]

$ 842

Investment, Identifier [Axis]: SONOBI, INC., Class A Common Units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

^{[14],[16],[17]}

500,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,749

Fair Value, ending balance

^{[6],[16],[17]}

2,002

Investment, Identifier [Axis]: SOUTH COAST TERMINALS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,168

17,839

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

17,839

Fair Value, ending balance

^[6]

15,168

Investment, Identifier [Axis]: SOUTH COAST TERMINALS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: SPECTRUM OF HOPE, LLC, Common units

Schedule of Investments [Line Items]

Shares (in shares)

1,024,067

^{[14],[16],[17]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,000

Fair Value, ending balance

^{[6],[16],[17]}

1,088

Investment, Identifier [Axis]: SPECTRUM OF HOPE, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

22,245

$ 22,358

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

21,934

Fair Value, ending balance

^[6]

$ 21,600

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, Common Units

Schedule of Investments [Line Items]

Shares (in shares)

750

^{[14],[16],[17],[26]}

750

^{[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^{[16],[17],[26]}

$ 0

^{[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19],[27]}

972

Fair Value, ending balance

^{[6],[16],[17],[26]}

972

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,075

7,481

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,481

Fair Value, ending balance

^[6]

7,075

Investment, Identifier [Axis]: SPOTLIGHT AR, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: STATINMED, LLC, Class A Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

4,718.62

^[14]

4,718.62

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,767

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(3,767)

Fair Value, ending balance

^[6]

$ 0

Investment, Identifier [Axis]: STATINMED, LLC, Class B Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

39,097.96

^[14]

39,097.96

^[15]

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

^[6]

Investment, Identifier [Axis]: STATINMED, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

122

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

122

Investment, Identifier [Axis]: STATINMED, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

7,561

^[24]

$ 7,288

Amount of Interest or Dividends Credited in Income

276

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

7,288

Gross Additions

272

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(491)

Fair Value, ending balance

^[6],[24]

7,069

Investment, Identifier [Axis]: STATinMED, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

122

Gross Additions

Gross Reductions

(124)

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(1)

Fair Value, ending balance

$ 0

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER LLC, 10,502,487.46 Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

10,502,487.46

^[14]

10,502,487.46

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

5,845

Fair Value, ending balance

^[6]

5,845

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,889

$ 8,889

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

8,720

Fair Value, ending balance

^[6]

$ 8,720

Investment, Identifier [Axis]: STUDENT RESOURCE CENTER, LLC, Preferred Units

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

^{[14],[16],[17]}

2,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

7,840

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

7,840

Investment, Identifier [Axis]: SWENSONS DRIVE-IN RESTAURANTS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: SYSTEC CORPORATION (DBA INSPIRE AUTOMATION), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

9,000

Investment, Identifier [Axis]: SYSTEC CORPORATION (DBA INSPIRE AUTOMATION), Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

$ 1,600

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

1,600

Investment, Identifier [Axis]: SYSTEC CORPORATION, First Lien - 1

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

8,973

Investment, Identifier [Axis]: SYSTEC CORPORATION, First Lien - 2

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

1,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

997

Investment, Identifier [Axis]: SYSTEC CORPORATION, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

$ 1,994

Investment, Identifier [Axis]: Sonobi, Inc., Class A Common units

Schedule of Investments [Line Items]

Shares (in shares)

500,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

1,749

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

253

Fair Value, ending balance

2,002

Investment, Identifier [Axis]: Student Resource Center LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

8,889

Amount of Interest or Dividends Credited in Income

393

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

8,720

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

(14)

Fair Value, ending balance

$ 8,720

Investment, Identifier [Axis]: Student Resource Center LLC, Preferred units 1

Schedule of Investments [Line Items]

Shares (in shares)

10,502,487.46

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

5,845

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 5,845

Investment, Identifier [Axis]: Student Resource Center LLC, Preferred units 2

Schedule of Investments [Line Items]

Shares (in shares)

2,000,000

Principal Amount - Debt Investments

$ 0

Amount of Interest or Dividends Credited in Income

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

Gross Additions

Gross Reductions

Amount of Realized Gain/(Loss)

Amount of Unrealized Gain/(Loss)

Fair Value, ending balance

$ 0

Investment, Identifier [Axis]: THE PRODUCTO GROUP, LLC, Class A units

Schedule of Investments [Line Items]

Shares (in shares)

1,500,000

^{[14],[16],[17]}

1,500,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

7,833

Fair Value, ending balance

^{[6],[16],[17]}

13,447

Investment, Identifier [Axis]: THE PRODUCTO GROUP, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

17,447

$ 17,655

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

17,655

Fair Value, ending balance

^[6]

$ 17,447

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), Class A units

Schedule of Investments [Line Items]

Shares (in shares)

896.43

^{[14],[16],[17]}

896.43

^{[15],[18],[19],[27]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^{[18],[19],[27]}

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19],[27]}

1,509

Fair Value, ending balance

^{[6],[16],[17]}

1,187

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

5,725

^[22]

5,775

^[23]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[23]

5,775

Fair Value, ending balance

^[6],[22]

5,725

Investment, Identifier [Axis]: TRAFERA, LLC (FKA TRINITY 3, LLC), Unsecured convertible note

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[16],[17]

$ 92

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

Fair Value, ending balance

^{[6],[16],[17]}

$ 75

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-3 LP Units

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^{[14],[16],[17]}

1,000,000

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

1,354

Fair Value, ending balance

^{[6],[16],[17]}

$ 1,137

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-4 LP Units

Schedule of Investments [Line Items]

Shares (in shares)

211,862.61

^{[14],[16],[17]}

211,862.61

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

278

Fair Value, ending balance

^{[6],[16],[17]}

$ 231

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., Class D-5 LP Units

Schedule of Investments [Line Items]

Shares (in shares)

211,465.87

^{[14],[16],[17]}

211,465.87

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

275

Fair Value, ending balance

^{[6],[16],[17]}

227

Investment, Identifier [Axis]: US COURTSCRIPT HOLDINGS, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,800

16,800

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

16,800

Fair Value, ending balance

^[6]

15,800

Investment, Identifier [Axis]: USA DEBUSK, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

11,439

11,498

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

11,498

Fair Value, ending balance

^[6]

11,439

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,400

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

2,357

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, First Lien - Term Loan A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,200

13,500

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

13,257

Fair Value, ending balance

^[6]

12,200

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, First Lien - Term Loan B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

12,200

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^[6]

12,200

Investment, Identifier [Axis]: VERSICARE MANAGEMENT LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

Fair Value, ending balance

^[6],[12]

$ 0

Investment, Identifier [Axis]: VISTAR MEDIA INC., Shares of Series A preferred stock

Schedule of Investments [Line Items]

Shares (in shares)

171,617

^{[14],[16],[17]}

171,617

^{[15],[18],[19]}

Principal Amount - Debt Investments

$ 0

^[16],[17]

$ 0

^[18],[19]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

9,054

Fair Value, ending balance

^{[6],[16],[17]}

8,791

Investment, Identifier [Axis]: VTX HOLDINGS, INC. (DBA VERTEX ONE), Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[15],[18],[19]}

1,597,707

Principal Amount - Debt Investments

^[18],[19]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^{[3],[18],[19]}

$ 2,694

Investment, Identifier [Axis]: VVTX HOLDINGS, INC. Series A Preferred units

Schedule of Investments [Line Items]

Shares (in shares)

^{[14],[16],[17]}

1,597,707

Principal Amount - Debt Investments

^[16],[17]

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, ending balance

^{[6],[16],[17]}

$ 2,670

Investment, Identifier [Axis]: WALL STREET PREP, INC., Class A-1 Preferred Shares

Schedule of Investments [Line Items]

Shares (in shares)

1,000,000

^[14]

1,000,000

^[15]

Principal Amount - Debt Investments

$ 0

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

1,205

Fair Value, ending balance

^[6]

1,404

Investment, Identifier [Axis]: WALL STREET PREP, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

9,377

10,588

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

10,588

Fair Value, ending balance

^[6]

9,377

Investment, Identifier [Axis]: WALL STREET PREP, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: WELL-FOAM, INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

14,631

17,730

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

17,730

Fair Value, ending balance

^[6]

14,631

Investment, Identifier [Axis]: WELL-FOAM, INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, Delayed Draw Term Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

22,734

20,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

20,000

Fair Value, ending balance

^[6]

22,552

Investment, Identifier [Axis]: WINTER SERVICES OPERATIONS, LLC, Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

^[12]

^[13]

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3],[13]

Fair Value, ending balance

^[6],[12]

Investment, Identifier [Axis]: ZENFOLIO INC., First Lien

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

18,839

18,913

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

18,478

Fair Value, ending balance

^[6]

18,462

Investment, Identifier [Axis]: ZENFOLIO INC., Revolving Loan

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

2,000

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

1,954

Fair Value, ending balance

^[6]

1,960

Investment, Identifier [Axis]: ZIPS CAR WASH, LLC, Delayed Draw Term Loan - A

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

15,708

15,840

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

15,634

Fair Value, ending balance

^[6]

15,645

Investment, Identifier [Axis]: ZIPS CAR WASH, LLC, Delayed Draw Term Loan - B

Schedule of Investments [Line Items]

Principal Amount - Debt Investments

3,937

$ 3,970

Investments in and Advances to Affiliates, at Fair Value [Roll Forward]

Fair Value, beginning balance

^[3]

3,919

Fair Value, ending balance

^[6]

$ 3,921

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.
[4]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[5]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[6]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[7]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At March 31, 2023, approximately 4.2% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.7%.
[8]	Control investments are generally defined by the 1940 Act as investments in which more than 25% of the voting securities are owned. At September 30, 2023, approximately 3.9% of the Company’s investment assets were control investments. The fair value of these investments as a percent of net assets is 8.1%.
[9]	Affiliate investments are generally defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as control investments. At September 30, 2023, approximately 12.4% of the Company’s investment assets were affiliate investments. The fair value of these investments as a percent of net assets is 25.5%.
[10]	The investment is structured as a first lien first out term loan.
[11]	The investment is structured as a first lien first out term loan.
[12]	The investment has an unfunded commitment as of September 30, 2023. Refer to Note 10 - Commitments and Contingencies for further discussion.
[13]	The investment has an unfunded commitment as of March 31, 2023. Refer to Note 11 - Commitments and Contingencies to our audited consolidated financial statements for further discussion.
[14]	All of the Company’s investments and the investments of SBIC I (as defined below), unless otherwise noted, are pledged as collateral for the Company’s senior secured credit facility or in support of the SBA-guaranteed debentures to be issued by Capital Southwest SBIC I, LP, the Company's wholly-owned subsidiary that operates as a small business investment company ("SBIC I"), respectively.
[15]	All of the Company’s investments and the investments of SBIC I (as defined below), unless otherwise noted, are pledged as collateral for the Company’s senior secured credit facility or in support of the SBA-guaranteed debentures to be issued by Capital Southwest SBIC I, LP, our wholly-owned subsidiary that operates as a small business investment company ("SBIC I"), respectively.
[16]	Indicates assets that are not considered "qualifying assets" under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. As of September 30, 2023, approximately 14.9% of the Company's total assets (at fair value) were non-qualifying assets.
[17]	Investment is held through a wholly-owned taxable subsidiary.
[18]	Indicates assets that are not considered "qualifying assets" under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. As of March 31, 2023, approximately 13.9% of the Company's assets were non-qualifying assets.
[19]	Investment is held through a wholly-owned taxable subsidiary.
[20]	The investment is structured as a first lien last out term loan.
[21]	The investment is structured as a first lien last out term loan.
[22]	The investment is structured as a split lien term loan, which provides the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor.
[23]	The investment is structured as a split lien term loan, which provides the Company with a first lien priority on certain assets of the obligor and a second lien priority on different assets of the obligor.
[24]	Investment is on non-accrual status as of September 30, 2023, meaning the Company has ceased to recognize interest income on the investment.
[25]	Investment is on non-accrual status as of March 31, 2023, meaning the Company has ceased to recognize interest income on the investment.
[26]	Income producing through dividends or distributions.
[27]	Income producing through dividends or distributions.

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investment Company, Net Assets [Roll Forward]
Beginning balance (in shares)		36,076,425			36,076,425
Beginning balance	$ 636,201	$ 590,408	$ 452,985	$ 420,867	$ 590,408	$ 420,867
Beginning balance (in shares)		2,339,512			2,339,512
Issuance of common stock	22,493	$ 44,872	26,500	46,035
Cancellation of treasury stock		0
Share-based compensation	1,236	963	1,060	821
Issuance of common stock under restricted stock plan, net of forfeitures	0	0	0	0
Common stock withheld for payroll taxes upon vesting of restricted stock		(926)		(641)
Dividends to shareholders	(24,769)	(22,916)	(14,287)	(16,615)
Change in restoration plan liability	(11)	(12)	8	8
Reclassification for certain permanent book-to-tax differences				0
Net investment income	27,194	24,556	14,444	12,438	$ 51,750	26,882
Net realized gain (loss) on investments	390	(12,782)	(8,635)	2,320	(12,392)	(6,315)
Net realized gain on investments and extinguishment of debt	29
Net unrealized (appreciation) depreciation on investments	$ (4,599)	12,038	$ 3,649	(12,248)	$ 7,439	$ (8,599)
Ending balance (in shares)	39,951,118		28,782,000		39,951,118	28,782,000
Ending balance	$ 657,774	$ 636,201	$ 475,724	$ 452,985	$ 657,774	$ 475,724
Ending balance (in shares)	0				0
Common Stock
Investment Company, Net Assets [Roll Forward]
Beginning balance (in shares)	38,839,918	36,076,425	27,390,741	24,958,520	36,076,425	24,958,520
Beginning balance	$ 9,710	$ 9,604	$ 7,433	$ 6,825	$ 9,604	$ 6,825
Issuance of common stock (in shares)	1,100,000	2,527,458	1,381,716	2,262,852
Issuance of common stock	$ 275	$ 632	$ 345	$ 566
Cancellation of treasury stock		$ (585)
Issuance of common stock under restricted stock plan, net of forfeitures (in shares)	11,200	282,616	9,605	199,042
Issuance of common stock under restricted stock plan, net of forfeitures	$ 3	$ 71	$ 2	$ 49
Common stock withheld for payroll taxes upon vesting of restricted stock (in shares)		(46,581)		(29,673)
Common stock withheld for payroll taxes upon vesting of restricted stock		$ (12)		$ (7)
Ending balance (in shares)	39,951,118	38,839,918	28,782,062	27,390,741	39,951,118	28,782,062
Ending balance	$ 9,988	$ 9,710	$ 7,780	$ 7,433	$ 9,988	$ 7,780
Treasury Stock
Investment Company, Net Assets [Roll Forward]
Beginning balance	$ 0	$ (23,937)	$ (23,937)	$ (23,937)	$ (23,937)	$ (23,937)
Beginning balance (in shares)	0	2,339,512	2,339,512	2,339,512	2,339,512	2,339,512
Cancellation of treasury stock (in shares)		(2,339,512)
Cancellation of treasury stock		$ 23,937
Ending balance	$ 0	$ 0	$ (23,937)	$ (23,937)	$ 0	$ (23,937)
Ending balance (in shares)	0	0	2,339,512	2,339,512	0	2,339,512
Additional Paid-In Capital
Investment Company, Net Assets [Roll Forward]
Beginning balance	$ 667,440	$ 646,586	$ 493,851	$ 448,235	$ 646,586	$ 448,235
Issuance of common stock	22,218	44,240	26,155	45,469
Cancellation of treasury stock		(23,352)
Share-based compensation	1,236	963	1,060	821
Issuance of common stock under restricted stock plan, net of forfeitures	(3)	(71)	(2)	(49)
Common stock withheld for payroll taxes upon vesting of restricted stock		(914)		(634)
Change in restoration plan liability	(11)	(12)	8	8
Reclassification for certain permanent book-to-tax differences				1
Ending balance	690,880	667,440	521,072	493,851	690,880	521,072
Total Distributable Earnings (Loss)
Investment Company, Net Assets [Roll Forward]
Beginning balance	(40,949)	(41,845)	(24,362)	(10,256)	(41,845)	(10,256)
Dividends to shareholders	(24,769)	(22,916)	(14,287)	(16,615)
Reclassification for certain permanent book-to-tax differences				(1)
Net investment income	27,194	24,556	14,444	12,438
Net realized gain (loss) on investments		(12,782)	(8,635)	2,320
Net realized gain on investments and extinguishment of debt	29
Net unrealized (appreciation) depreciation on investments	(4,599)	12,038	3,649	(12,248)
Ending balance	$ (43,094)	$ (40,949)	$ (29,191)	$ (24,362)	$ (43,094)	$ (29,191)

RELATED PARTY TRANSACTIONS	6 Months Ended
RELATED PARTY TRANSACTIONS	Sep. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS As a BDC, we are obligated under the 1940 Act to make available to our portfolio companies significant managerial assistance. “Making available significant managerial assistance” refers to any arrangement whereby we offer to provide significant guidance and counsel concerning the management, operations, or business objectives and policies of a portfolio company. We also are deemed to be providing managerial assistance to all portfolio companies that we control, either by ourselves or in conjunction with others. The nature and extent of significant managerial assistance provided by us will vary according to the particular needs of each portfolio company. During each of the three and six months ended September 30, 2023 and 2022, we did not receive any management fees from our portfolio companies. As of September 30, 2023 and March 31, 2023, we had dividends receivable from I-45 SLF LLC of $2.2 million and $1.9 million, respectively, which were included in dividends and interest receivables on the Consolidated Statements of Assets and Liabilities. Additionally, we recognized administrative fee income from I-45 SLF LLC of $21.0 thousand and $45.4 thousand, respectively, for the three and six months ended September 30, 2023, which was included in fee income on the Consolidated Statement of Operations.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

+ Details

SUBSEQUENT EVENTS (Details) - $ / shares	Oct. 25, 2023	Oct. 11, 2023	Oct. 10, 2023	Sep. 30, 2023	Mar. 31, 2023
Subsequent Event [Line Items]
Common stock, shares authorized (in shares)				40,000,000	40,000,000
Subsequent Event
Subsequent Event [Line Items]
Common stock, shares authorized (in shares)		75,000,000	40,000,000
Dividends (in usd per share)	$ 0.63
Subsequent Event \| Regular Dividends
Subsequent Event [Line Items]
Dividends (in usd per share)	0.57
Subsequent Event \| Supplemental Dividends
Subsequent Event [Line Items]
Dividends (in usd per share)	$ 0.06

SHAREHOLDERS' EQUITY - Narrative (Details)					3 Months Ended		6 Months Ended		55 Months Ended
SHAREHOLDERS' EQUITY - Narrative (Details)	Apr. 26, 2023 shares	Nov. 17, 2022 USD ($) $ / shares shares	Jul. 18, 2021	Feb. 04, 2020 USD ($) sales_agent	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) $ / shares shares	Aug. 02, 2022 USD ($)	Aug. 01, 2022 USD ($)	Aug. 31, 2021 USD ($)	Jul. 28, 2021 USD ($)	May 26, 2021 USD ($)	Mar. 04, 2019 USD ($)
Subsidiary or Equity Method Investee [Line Items]
Repurchase authorized amount												$ 20,000,000	$ 20,000,000
Cancellation of treasury stock (in shares) \| shares	2,339,512
Public Equity Offering
Subsidiary or Equity Method Investee [Line Items]
Number of shares sold (in shares) \| shares		2,534,436
Par value, common stock (in usd per share) \| $ / shares		$ 18.15
Gross proceeds received (in thousands)		$ 46,000,000
Net proceeds received		$ 44,100,000
Equity ATM Program
Subsidiary or Equity Method Investee [Line Items]
Number of shares sold (in shares) \| shares					1,100,000	1,381,716	3,627,458	3,644,568	20,240,580
Gross proceeds received (in thousands)					$ 22,844,000	$ 26,913,000	$ 68,416,000	$ 73,666,000	$ 413,100,000
Net proceeds received					$ 22,501,000	$ 26,509,000	$ 67,390,000	$ 72,561,000	$ 406,500,000
Maximum consideration threshold				$ 100,000,000						$ 650,000,000	$ 250,000,000			$ 250,000,000	$ 50,000,000
Number of additional sales agents \| sales_agent				2
Gross sales commission percentage														1.50%	2.00%
Weighted average price per share (in usd per share) \| $ / shares					$ 20.77	$ 19.48	$ 18.86	$ 20.21	$ 20.41
Available under the Equity ATM Program					$ 236,900,000		$ 236,900,000		$ 236,900,000
2010 Plan \| Restricted Stock
Subsidiary or Equity Method Investee [Line Items]
Right to grant period			10 years

SUBSEQUENT EVENTS	6 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On October 11, 2023, after receiving the requisite shareholder approval, the Company filed an amendment to its Amended and Restated Articles of Incorporation with the office of the Secretary of State of the State of Texas to increase the amount of authorized shares of common stock from 40,000,000 to 75,000,000. On October 25, 2023, the Board of Directors declared a total dividend of $0.63 per share, comprised of a regular dividend of $0.57 and a supplemental dividend of $0.06, for the quarter ending December 31, 2023. The record date for the dividend is December 15, 2023. The payment date for the dividend is December 29, 2023.

FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule Investment Portfolio by Level

The following fair value hierarchy tables set forth our investment portfolio by level as of September 30, 2023 and March 31, 2023 (in thousands):


			Fair Value Measurements
			at September 30, 2023 Using
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
First lien loans	$	1,141,280	$	—	$	—	$	1,141,280
Second lien loans	37,034		—		—		37,034
Subordinated debt	760		—		—		760
Preferred equity	66,440		—		—		66,440
Common equity & warrants	54,630		—		—		54,630
Investments measured at net asset value1	53,422		—		—		—
Total Investments	$	1,353,566	$	—	$	—	$	1,300,144



			Fair Value Measurements
			at March 31, 2023 Using
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
First lien loans	$	1,000,984	$	—	$	—	$	1,000,984
Second lien loans	35,820		—		—		35,820
Subordinated debt	791		—		—		791
Preferred equity	63,393		—		—		63,393
Common equity & warrants	54,144		—		—		54,144
Investments measured at net asset value1	51,256		—		—		—
Total Investments	$	1,206,388	$	—	$	—	$	1,155,132

Schedule of Valuation Techniques and Significant Level 3 Inputs


		Fair Value at		Significant
	Valuation	September 30, 2023		Unobservable		Weighted
Type	Technique	(in thousands)		Inputs	Range	Average

First lien loans	Income Approach	$	1,086,345	Discount Rate	5.8% - 45.4%	13.6%
				Third Party Broker Quote	94.0 - 94.0	94.0
	Market Approach	54,935		Cost	98.0 - 98.5	98.1



Second lien loans	Income Approach	37,034		Discount Rate	13.2% - 31.4%	22.1%
				Third Party Broker Quote	52.5 - 52.5	52.5





Subordinated debt	Market Approach	202		Cost	100.0 - 100.0	100.0
	Enterprise Value Waterfall Approach	558		EBITDA Multiple	6.0x - 7.7x	6.5x
				Discount Rate	14.8% - 25.3%	18.1%
Preferred equity	Enterprise Value Waterfall Approach	64,440		EBITDA Multiple	4.8x - 15.9x	9.9x
				Discount Rate	12.7% - 30.9%	19.0%
	Market Approach	2,000		Cost	100.0 - 100.0	100.0
Common equity & warrants	Enterprise Value Waterfall Approach	54,630		EBITDA Multiple	5.2x - 17.3x	9.1x
				Discount Rate	12.0% - 26.8%	16.6%


Total Level 3 Investments		$	1,300,144


		Fair Value at		Significant
	Valuation	March 31, 2023		Unobservable		Weighted
Type	Technique	(in thousands)		Inputs	Range	Average

First lien loans	Income Approach	$	953,918	Discount Rate	6.9% - 26.2%	13.0%
				Third Party Broker Quote	5.1 - 96.5	93.9
	Market Approach	41,923		Cost	94.1 - 98.1	97.9

	Enterprise Value Waterfall Approach	5,143		EBITDA Multiple	9.4x - 9.4x	9.4x
				Discount Rate	27.2% - 27.2%	27.2%
Second lien loans	Income Approach	32,226		Discount Rate	18.3% - 34.3%	25.1%
				Third Party Broker Quote	61.3 - 61.3	61.3
	Enterprise Value Waterfall Approach	3,594		EBITDA Multiple	9.4x - 9.4x	9.4x
				Discount Rate	27.2% - 27.2%	27.2%

Subordinated debt	Market Approach	205		Cost	100.0 - 100.0	100.0
	Enterprise Value Waterfall Approach	586		EBITDA Multiple	6.0x - 7.7x	6.6x
				Discount Rate	20.2% - 25.0%	21.8%
Preferred equity	Enterprise Value Waterfall Approach	59,518		EBITDA Multiple	4.7x - 16.7x	9.8x
				Discount Rate	11.7% - 30.8%	17.1%
	Market Approach	3,875		Cost	100.0 - 100.0	100.0
Common equity & warrants	Enterprise Value Waterfall Approach	53,064		EBITDA Multiple	5.5x - 18.6x	9.5x
				Discount Rate	11.4% - 36.6%	18.2%
	Market Approach	1,080		Exit Value	100.0 - 100.0	100.0

Total Level 3 Investments		$	1,155,132

Schedule of Changes in Fair Value of Investments Measured Using Level 3 Inputs

The following tables provide a summary of changes in the fair value of investments measured using Level 3 inputs during the six months ended September 30, 2023 and 2022 (in thousands):


	Fair Value March 31, 2023		Realized & Unrealized Gains (Losses)		Purchases of Investments1		Repayments		PIK Interest Capitalized		Divestitures		Conversion/Exchange of Security2		Fair Value September 30, 2023		YTD Unrealized Appreciation (Depreciation) on Investments held at period end
First lien loans	$	1,000,984	$	(5,395)	$	200,986	$	(40,307)	$	2,678	$	(13,875)	$	(3,791)	$	1,141,280	$	(5,740)
Second lien loans	35,820		2,184		126		(1,114)		18		—		—		37,034		2,181
Subordinated debt	791		(28)		—		(20)		17		—		—		760		(28)
Preferred equity	63,393		(1,345)		4,392		—		—		—		—		66,440		(1,345)
Common equity & warrants	54,144		(3,030)		3,127		—		—		(3,402)		3,791		54,630		(3,217)
Total Investments	$	1,155,132	$	(7,614)	$	208,631	$	(41,441)	$	2,713	$	(17,277)	$	—	$	1,300,144	$	(8,149)

	Fair Value March 31, 2022		Realized & Unrealized Gains (Losses)		Purchases of Investments1		Repayments		PIK Interest Capitalized		Divestitures		Conversion/Exchange of Security		Fair Value September 30, 2022		YTD Unrealized Appreciation (Depreciation) on Investments held at period end
First lien loans	$	739,872	$	(8,608)	$	211,433	$	(85,598)	$	1,694	$	—	$	(6,238)	$	852,555	$	(10,824)
Second lien loans	52,645		(4,461)		2,862		(142)		225		(692)		—		50,437		(2,945)
Subordinated debt	1,317		(915)		—		—		57		—		—		459		(914)
Preferred equity	44,663		(990)		2,859		—		—		—		6,238		52,770		(991)
Common equity & warrants	40,514		9,568		1,480		—		—		(1,749)		—		49,813		9,576
Total Investments	$	879,011	$	(5,406)	$	218,634	$	(85,740)	$	1,976	$	(2,441)	$	—	$	1,006,034	$	(6,098)

1Includes purchases of new investments, as well as discount accretion on existing investments.

2Represents the allocation of cost basis from first lien debt to warrants.

COMMITMENTS AND CONTINGENCIES - Future Minimum Payments (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2024	$ 206
2025	416
2026	426
2027	436
2028	446
Thereafter	2,132
Total	$ 4,062

COMMITMENTS AND CONTINGENCIES - Unfunded Debt Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	$ 130,862	$ 124,637
2024
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	11,566	31,625
2025
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	15,911	10,637
2026
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	10,021	6,712
2027
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	35,880	38,062
2028
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	39,149	35,318
2029
Gain Contingencies [Line Items]
Total Unfunded Debt Commitments	$ 18,335	$ 2,283

OTHER EMPLOYEE COMPENSATION	6 Months Ended
OTHER EMPLOYEE COMPENSATION	Sep. 30, 2023
Retirement Benefits [Abstract]
OTHER EMPLOYEE COMPENSATION	OTHER EMPLOYEE COMPENSATIONWe established a 401(k) plan (the “401K Plan”) effective October 1, 2015. All full-time employees are eligible to participate in the 401K Plan. The 401K Plan permits employees to defer a portion of their total annual compensation up to the Internal Revenue Service annual maximum based on age and eligibility. We made contributions to the 401K Plan of up to 4.5% of the Internal Revenue Service’s annual maximum eligible compensation, all of which is fully vested immediately. During the three months ended September 30, 2023 and 2022, we made matching contributions of approximately $34.5 thousand and $31.4 thousand, respectively. During each of the six months ended September 30, 2023 and 2022, we made matching contributions of approximately $0.1 million.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of PresentationThe consolidated financial statements have been prepared in accordance with U.S. GAAP. We meet the definition of an investment company and follow the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies (“ASC 946”). Under rules and regulations applicable to investment companies, we are generally precluded from consolidating any entity other than another investment company, subject to certain exceptions. One of the exceptions to this general principle occurs if the investment company has an investment in an operating company that provides services to the investment company. Accordingly, the consolidated financial statements include the Taxable Subsidiary and SBIC I.
Fair Value Measurements	Fair Value Measurements We account for substantially all of our financial instruments at fair value in accordance with ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”). ASC 820 defines fair value, establishes a framework used to measure fair value and requires disclosures for fair value measurements, including the categorization of financial instruments into a three-level hierarchy based on the transparency of valuation inputs. ASC 820 requires disclosure of the fair value of financial instruments for which it is practical to estimate such value. We believe that the carrying amounts of our financial instruments such as cash, receivables and payables approximate the fair value of these items due to the short maturity of these instruments. This is considered a Level 1 valuation technique. The carrying value of our credit facility approximates fair value (Level 3 input). See Note 4 below for further discussion regarding the fair value measurements and hierarchy.
Investments	Investments Investments are stated at fair value and are determined by the Valuation Committee as the Valuation Designee pursuant to Rule 2a-5 under the 1940 Act, subject to the oversight of our Board of Directors, as described in the Notes to the Consolidated Schedule of Investments and Notes 3 and 4 below. Investments are recorded on a trade date basis. Net Realized Gains or Losses and Net Unrealized Appreciation or Depreciation Realized gains or losses are measured by the difference between the net proceeds from the sale or redemption of an investment or a financial instrument and the cost basis of the investment or financial instrument, without regard to unrealized appreciation or depreciation previously recognized, and includes investments written-off during the period net of recoveries and realized gains or losses from in-kind redemptions. Net unrealized appreciation or depreciation reflects the net change in the fair value of the investment portfolio and financial instruments and the reclassification of any prior period unrealized appreciation or depreciation on exited investments and financial instruments to realized gains or losses. Investment Valuation Process Beginning as of the fiscal quarter ended June 30, 2023, pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors has designated the Valuation Committee comprised of certain officers of the Company as the Valuation Designee to determine the fair value of the Company's investments that do not have readily available market quotations, subject to the oversight of the Board of Directors. The valuation process is led by the valuation team and the Valuation Committee in conjunction with the investment team. The process includes a quarterly review of each investment by our valuation team and the Valuation Committee. Valuations of each portfolio security are prepared quarterly by the valuation team using updated financial and other operational information collected from the investment team. In conjunction with the internal valuation process, the Valuation Committee also has engaged multiple independent consulting firms specializing in financial due diligence, valuation, and business advisory services to provide third-party valuation reviews and an independent range of values for selected investments, which is presented to the Valuation Committee. CSWC also uses a standard internal investment rating system in connection with its investment oversight, portfolio management, and investment valuation procedures for its debt portfolio. This system takes into account both quantitative and qualitative factors of the portfolio company and the investments held therein. There is no single standard for determining fair value in good faith, as fair value depends upon the specific circumstances of each individual investment. While management believes our valuation methodologies are appropriate and consistent with market participants, the recorded fair values of our investments may differ significantly from fair values that would have been used had an active market for the securities existed. In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the valuations currently assigned.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents, which consist of cash and highly liquid investments with an original maturity of three months or less at the date of purchase, are carried at cost, which approximates fair value. Cash may be held in a money market fund from time to time, which is a Level 1 security. At September 30, 2023 and March 31, 2023, cash held in money market funds amounted to $7.1 million and $8.9 million, respectively. Cash and cash equivalents includes deposits at financial institutions. We deposit our cash balances in financial institutions and, at times, such balances may be in excess of the Federal Deposit Insurance Corporation (“FDIC”) insurance limits. At September 30, 2023 and March 31, 2023, cash balances totaling $21.7 million and $20.3 million, respectively, exceeded FDIC insurance limits, subjecting us to risk related to the uninsured balance. All of our cash deposits are held at large established high credit quality financial institutions and management believes that the risk of loss associated with any uninsured balances is remote.
Segment Information	Segment Information We operate and manage our business in a singular segment. As an investment company, we invest in portfolio companies in various industries and geographic areas as discussed in Note 3.
Consolidation	Consolidation As permitted under Regulation S-X and ASC 946, we generally do not consolidate our investment in a portfolio company other than an investment company subsidiary or a controlled operating company whose business consists of providing services to CSWC. Accordingly, we consolidate the results of the Taxable Subsidiary and SBIC I. All intercompany balances have been eliminated upon consolidation.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. We have identified investment valuation and revenue recognition as our most critical accounting estimates.
Interest Income	Interest and Dividend Income Interest and dividend income is recorded on an accrual basis to the extent amounts are expected to be collected. Dividend income is recognized on the date dividends are declared by the portfolio company or at the point an obligation exists for the portfolio company to make a distribution. Discounts/premiums received to par on loans purchased are capitalized and accreted or amortized into income over the life of the loan using the effective interest method. In accordance with our valuation policy, accrued interest and dividend income is evaluated quarterly for collectability. When we do not expect the debtor to be able to service all of its debt or other obligations, we generally will establish a reserve against interest income receivable, thereby placing the loan or debt security on non-accrual status, and cease to recognize interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security’s status significantly improves regarding its ability to service debt or other obligations, it will be restored to accrual basis. As of September 30, 2023, investments on non-accrual status represented approximately 2.0% of our total investment portfolio's fair value and approximately 2.9% of its cost. As of March 31, 2023, investments on non-accrual status represented approximately 0.3% of our total investment portfolio's fair value and approximately 1.3% of its cost. To maintain RIC tax treatment, non-cash sources of income, such as accretion of interest income, may need to be paid out to shareholders in the form of distributions, even though CSWC may not have collected the interest income. For the three months ended September 30, 2023 and 2022, approximately 3.4% and 3.6%, respectively, of CSWC's total investment income was attributable to non-cash interest income for the accretion of discounts associated with debt investments, net of any premium reduction. For the six months ended September 30, 2023 and 2022, approximately 3.2% and 3.7%, respectively, of CSWC's total investment income was attributable to non-cash interest income for the accretion of discounts associated with debt investments, net of any premium reduction. Payment-in-Kind Interest The Company currently holds, and expects to hold in the future, some investments in its portfolio that contain PIK interest provisions. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan, rather than being paid to the Company in cash, and is recorded as interest income. Thus, the actual collection of PIK interest may be deferred until the time of debt principal repayment. PIK interest, which is a non-cash source of income, is included in the Company’s taxable income and therefore affects the amount the Company is required to distribute to shareholders to maintain its qualification as a RIC for U.S. federal income tax purposes, even though the Company has not yet collected the cash. Generally, when current cash interest and/or principal payments on a loan become past due, or if the Company otherwise does not expect the borrower to be able to service its debt and other obligations, the Company will place the investment on non-accrual status and will generally cease recognizing PIK interest income on that loan for financial reporting purposes until all principal and interest have been brought current through payment or due to a restructuring such that the interest income is deemed to be collectible. The Company writes off any accrued and uncollected PIK interest when it is determined that the PIK interest is no longer collectible.
Dividends Income	Interest and Dividend Income Interest and dividend income is recorded on an accrual basis to the extent amounts are expected to be collected. Dividend income is recognized on the date dividends are declared by the portfolio company or at the point an obligation exists for the portfolio company to make a distribution. Discounts/premiums received to par on loans purchased are capitalized and accreted or amortized into income over the life of the loan using the effective interest method. In accordance with our valuation policy, accrued interest and dividend income is evaluated quarterly for collectability. When we do not expect the debtor to be able to service all of its debt or other obligations, we generally will establish a reserve against interest income receivable, thereby placing the loan or debt security on non-accrual status, and cease to recognize interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security’s status significantly improves regarding its ability to service debt or other obligations, it will be restored to accrual basis. As of September 30, 2023, investments on non-accrual status represented approximately 2.0% of our total investment portfolio's fair value and approximately 2.9% of its cost. As of March 31, 2023, investments on non-accrual status represented approximately 0.3% of our total investment portfolio's fair value and approximately 1.3% of its cost. To maintain RIC tax treatment, non-cash sources of income, such as accretion of interest income, may need to be paid out to shareholders in the form of distributions, even though CSWC may not have collected the interest income. For the three months ended September 30, 2023 and 2022, approximately 3.4% and 3.6%, respectively, of CSWC's total investment income was attributable to non-cash interest income for the accretion of discounts associated with debt investments, net of any premium reduction. For the six months ended September 30, 2023 and 2022, approximately 3.2% and 3.7%, respectively, of CSWC's total investment income was attributable to non-cash interest income for the accretion of discounts associated with debt investments, net of any premium reduction.
Fee Income	Fee Income Fee income, generally collected in advance, includes fees for administration and valuation services rendered by the Company. These fees are typically charged annually and are amortized into income over the year. The Company recognizes nonrecurring fees, including prepayment penalties, waiver fees and amendment fees, as fee income when earned. In addition, the Company also may be entitled to an exit fee that is amortized into income over the life of the loan. Loan exit fees to be paid at the termination of the loan are accreted into fee income over the contractual life of the loan.
Warrants	Warrants In connection with the Company's debt investments, the Company may receive warrants or other equity-related securities from the borrower. The Company determines the cost basis of warrants based upon their respective fair values on the date of receipt in proportion to the total fair value of the debt and warrants received. Any resulting difference between the face amount of the debt and its recorded fair value resulting from the assignment of value to the warrants is treated as original issue discount (“OID”), and accreted into interest income using the effective interest method over the term of the debt investment.
Debt	Debt Issuance Costs Debt issuance costs include commitment fees and other costs related to CSWC’s senior secured revolving credit facility, its unsecured notes (as discussed further in Note 5) and the debentures guaranteed by the SBA (the "SBA Debentures"). The costs in connection with the credit facility have been capitalized and are amortized into interest expense over the term of the credit facility. The costs in connection with the unsecured notes and the SBA Debentures are a direct deduction from the related debt liability and amortized into interest expense over the term of the January 2026 Notes (as defined below), the October 2026 Notes (as defined below), the August 2028 Notes (as defined below) and the SBA Debentures. Deferred Offering Costs Deferred offering costs include registration expenses related to our shelf registration statement and expenses related to the launch of the "at-the-market" program through which we can sell, from time to time, shares of our common stock (the "Equity ATM Program"). These expenses consist primarily of SEC registration fees, legal fees and accounting fees incurred related thereto. These expenses are included in other assets on the Consolidated Statements of Assets and Liabilities. Upon the completion of an equity offering or a debt offering, the deferred expenses are charged to additional paid-in capital or debt issuance costs, respectively. If there are any deferred offering costs remaining at the expiration of the shelf registration statement, these deferred costs are charged to expense. Realized Losses on Extinguishment of Debt Upon the repayment of debt obligations that are deemed to be extinguishments, the difference between the principal amount due at maturity adjusted for any unamortized debt issuance costs is recognized as a loss (i.e., the unamortized debt issuance costs and any "make-whole" premium payment (as discussed in Note 5)) are recognized as a loss upon extinguishment of the underlying debt obligation).
Leases	Leases The Company is obligated under an operating lease pursuant to which it is leasing an office facility from a third party with a remaining term of approximately 9 years. The operating lease is included as an operating lease right-of-use ("ROU") asset and operating lease liability in the accompanying Consolidated Statements of Assets and Liabilities. The Company does not have any financing leases.The ROU asset represents the Company’s right to use an underlying asset for the lease term and the operating lease liability represents the Company’s obligation to make lease payments arising from such lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the remaining lease term. The Company’s lease does not provide an implicit discount rate, and as such the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of the remaining lease payments. Lease expense is recognized on a straight-line basis over the remaining lease term.
Federal Income Taxes	Federal Income Taxes CSWC has elected, and intends to qualify annually, to be treated for U.S. federal income tax purposes as a RIC under Subsection M of the Code. By meeting these requirements, we will not be subject to U.S. federal income taxes at corporate rates on ordinary income or capital gains timely distributed to shareholders. In order to qualify as a RIC, the Company is required to timely distribute to its shareholders at least 90% of investment company taxable income, as defined by the Code, each year. Investment company taxable income generally differs from net income for financial reporting purposes due to temporary and permanent differences in the recognition of income and expenses. Investment company taxable income generally excludes net unrealized appreciation or depreciation, as investment gains and losses are not included in investment company taxable income until they are realized. Depending on the level of taxable income or capital gains earned in a tax year, we may choose to carry forward taxable income or capital gains in excess of current year distributions into the next year and pay a 4% U.S. federal excise tax on such income. Any such carryover taxable income or capital gains must be distributed through a dividend declared on or prior to the later of (1) the filing of the U.S. federal income tax return for the applicable fiscal year and (2) the fifteenth day of the ninth month following the close of the year in which such taxable income was generated. In lieu of distributing our net capital gains for a year, we may decide to retain some or all of our net capital gains. We will be required to pay a 21% corporate rate U.S. federal income tax on any such retained net capital gains. We may elect to treat such retained capital gain as a deemed distribution to shareholders. Under such circumstances, shareholders will be required to include their share of such retained capital gain in income, but will receive a credit for the amount of U.S. federal income tax paid at corporate rates with respect to their shares. As an investment company that qualifies as a RIC, federal income taxes payable on security gains that we elect to retain are accrued only on the last day of our tax year, December 31. Any net capital gains actually distributed to shareholders and properly reported by us as capital gain dividends are generally taxable to the shareholders as long-term capital gains. See Note 6 for further discussion. The Taxable Subsidiary, a wholly-owned subsidiary of CSWC, is not a RIC and is required to pay taxes at the corporate rate of 21%. For tax purposes, the Taxable Subsidiary has elected to be treated as a taxable entity, and therefore is not consolidated for tax purposes and is taxed at normal corporate tax rates based on taxable income and, as a result of its activities, may generate an income tax provision or benefit. The taxable income, or loss, of the Taxable Subsidiary may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax provision, or benefit, if any, and the related tax assets and liabilities, are reflected in our consolidated financial statements. Management evaluates tax positions taken or expected to be taken in the course of preparing the Company’s consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions with respect to tax at the CSWC level not deemed to meet the “more-likely-than-not” threshold would be recorded as an expense in the current year. Management’s conclusions regarding tax positions will be subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. The Company has concluded that it does not have any uncertain tax positions that meet the recognition of measurement criteria of ASC Topic 740, Income Taxes, ("ASC 740") for the current period. Also, we account for interest and, if applicable, penalties for any uncertain tax positions as a component of income tax provision. No interest or penalties expense was recorded during the three and six months ended September 30, 2023 and 2022. Deferred Taxes Deferred tax assets and liabilities are recorded for losses or income at the Taxable Subsidiary using statutory tax rates. A valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. ASC 740 requires the effects of changes in tax rates and laws on deferred tax balances to be recognized in the period in which the legislation was enacted. See Note 6 for further discussion.
Stock-Based Compensation	Stock-Based Compensation We account for our share-based compensation using the fair value method, as prescribed by ASC Topic 718, Compensation – Stock Compensation. Accordingly, we recognize share-based compensation cost on a straight-line basis for all share-based payments awards granted to employees. For restricted stock awards, we measure the fair value based upon the market price of our common stock on the date of the grant. For restricted stock awards, we amortize this fair value to share-based compensation expense over the vesting term. We recognize forfeitures as they occur. The unvested shares of restricted stock awarded pursuant to CSWC’s equity compensation plans are participating securities and are included in the basic and diluted earnings per share calculation. The right to grant restricted stock awards under the 2010 Plan terminated on July 18, 2021, ten years after the date that the 2010 Restricted Stock Award Plan (the “2010 Plan”) was approved by the Company’s shareholders pursuant to its terms. In connection with the termination of the 2010 Plan, the Board of Directors and shareholders approved the Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan (the "2021 Employee Plan"), which became effective on July 28, 2021, as part of the compensation package for its employees, the terms of which are, in all material respects, identical to the 2010 Plan. On July 19, 2021, we received an exemptive order that supersedes the prior exemptive order relating to the 2010 Plan (the “Order”) to permit the Company to (i) issue restricted stock as part of the compensation package for its employees in the 2021 Employee Plan, and (ii) withhold shares of the Company’s common stock or purchase shares of the Company’s common stock from the participants to satisfy tax withholding obligations relating to the vesting of restricted stock pursuant to the 2021 Employee Plan. In addition, the Board of Directors and shareholders approved the Capital Southwest Corporation 2021 Non-Employee Director Restricted Stock Plan (the "Non-Employee Director Plan"), which became effective on July 27, 2022, as part of the compensation package for non-employee directors of the Board of Directors. In connection therewith, on May 16, 2022, we received an exemptive order that supersedes the Order (the "Superseding Order") and covers both employees and non-employee directors of the Board of Directors.
Shareholder Distributions	Shareholder Distributions Distributions to common shareholders are recorded on the ex-dividend date. The amount of distributions, if any, is determined by the Board of Directors each quarter and is generally based upon the earnings estimated by management. Net realized capital gains, if any, generally are distributed, although the Company may decide to retain such capital gains for investment.
Presentation	Presentation Presentation of certain amounts in the consolidated financial statements for the prior year comparative consolidated financial statements is updated to conform to the current period presentation.
Recently Issued or Adopted Accounting Standards	Recently Issued or Adopted Accounting Standards In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820) - Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions,” which was issued to (1) clarify the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security, (2) amend a related illustrative example, and (3) introduce new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The new guidance is effective for interim and annual periods beginning after December 15, 2023. The Company is currently evaluating the impact of the new standard on the Company's consolidated financial statements and related disclosures and does not believe it will have a material impact on its consolidated financial statements or its disclosure.

BORROWINGS - Schedule of Borrowings Outstanding (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023
Debt Instrument [Line Items]
Outstanding Balance	$ 741,875	$ 645,000
Unamortized Debt Issuance Costs and Debt Discount/Premium	(9,208)	(7,356)
Recorded Value	732,667	637,644
Line of Credit \| Credit Facility
Debt Instrument [Line Items]
Outstanding Balance	250,000
Unamortized Debt Issuance Costs and Debt Discount/Premium	0
Recorded Value	250,000
SBA Debentures \| Unsecured Debt
Debt Instrument [Line Items]
Outstanding Balance	130,000	120,000
Unamortized Debt Issuance Costs and Debt Discount/Premium	(3,624)	(3,670)
Recorded Value	126,376	116,330
Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Outstanding Balance		235,000
Unamortized Debt Issuance Costs and Debt Discount/Premium		0
Recorded Value		235,000
January 2026 Notes \| Notes
Debt Instrument [Line Items]
Outstanding Balance	140,000	140,000
Unamortized Debt Issuance Costs and Debt Discount/Premium	(780)	(949)
Recorded Value	139,220	139,051
October 2026 Notes \| Notes
Debt Instrument [Line Items]
Outstanding Balance	150,000	150,000
Unamortized Debt Issuance Costs and Debt Discount/Premium	(2,367)	(2,737)
Recorded Value	147,633	$ 147,263
August 2028 Notes \| Notes
Debt Instrument [Line Items]
Outstanding Balance	71,875
Unamortized Debt Issuance Costs and Debt Discount/Premium	(2,437)
Recorded Value	$ 69,438

INVESTMENTS (Tables)

6 Months Ended

Sep. 30, 2023

Schedule of Investments [Abstract]

Schedule of Investments


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
September 30, 2023:
First lien loans1,2	$	1,141,280	84.3	%	173.5	%	$	1,154,172	84.8	%
Second lien loans2	37,034		2.7		5.7		43,071		3.2
Subordinated debt3	760		0.1		0.1		760		0.1
Preferred equity	66,440		4.9		10.1		48,026		3.5
Common equity & warrants	54,630		4.0		8.3		34,126		2.5
I-45 SLF LLC4	53,422		4.0		8.1		80,800		5.9
	$	1,353,566	100.0	%	205.8	%	$	1,360,955	100.0	%

March 31, 2023:
First lien loans1,2	$	1,000,984	83.0	%	169.5	%	$	1,018,595	83.5	%
Second lien loans2	35,820		3.0		6.1		44,038		3.6
Subordinated debt3	791		0.1		0.1		763		0.1
Preferred equity	63,393		5.2		10.7		43,634		3.6
Common equity & warrants	54,144		4.5		9.2		32,322		2.6
I-45 SLF LLC4	51,256		4.2		8.7		80,800		6.6
	$	1,206,388	100.0	%	204.3	%	$	1,220,152	100.0	%

3Included in subordinated debt are unsecured convertible notes with a fair value of $0.4 million as of both September 30, 2023 and March 31, 2023.


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
September 30, 2023:
Healthcare Services	$	176,397	13.0	%	26.8	%	$	185,577	13.6	%
Business Services	163,911		12.1		24.9		166,925		12.3
Media & Marketing	163,541		12.1		24.9		156,737		11.5
Consumer Products and Retail	100,561		7.4		15.3		99,780		7.3
Consumer Services	84,483		6.2		12.8		83,813		6.1
Healthcare Products	73,979		5.5		11.3		74,216		5.5
Food, Agriculture & Beverage	68,426		5.1		10.4		74,886		5.5
I-45 SLF LLC1	53,422		4.0		8.1		80,800		5.9
Financial Services	51,946		3.8		7.9		38,313		2.8
Technology Products & Components	50,543		3.7		7.7		43,065		3.2
Transportation & Logistics	50,386		3.7		7.7		41,696		3.1
Industrial Products	49,443		3.7		7.5		36,511		2.7
Software & IT Services	45,270		3.3		6.9		44,623		3.3
Environmental Services	42,618		3.2		6.5		51,350		3.8
Education	25,346		1.9		3.9		24,834		1.8
Industrial Services	23,327		1.7		3.5		22,843		1.7
Energy Services (Midstream)	22,837		1.7		3.5		22,895		1.7
Aerospace & Defense	21,960		1.6		3.3		21,760		1.6
Restaurants	15,680		1.2		2.4		15,651		1.1
Telecommunications	15,298		1.1		2.3		16,074		1.2
Distribution	15,217		1.1		2.3		18,648		1.4
Specialty Chemicals	15,168		1.1		2.3		14,934		1.1
Energy Services (Upstream)	14,631		1.1		2.2		14,385		1.0
Containers & Packaging	9,176		0.7		1.4		10,639		0.8
	$	1,353,566	100.0	%	205.8	%	$	1,360,955	100.0	%


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
March 31, 2023:
Media & Marketing	$	149,357	12.4	%	25.3	%	$	139,750	11.5	%
Business Services	146,727		12.2		24.9		147,056		12.1
Healthcare Services	126,971		10.5		21.5		143,455		11.8
Consumer Services	91,913		7.6		15.6		91,142		7.5
Consumer Products and Retail	86,385		7.2		14.6		86,607		7.1
Food, Agriculture & Beverage	68,833		5.7		11.7		73,223		6.0
Healthcare Products	66,355		5.5		11.2		67,555		5.5
Technology Products & Components	59,718		5.0		10.1		43,016		3.5
I-45 SLF LLC1	51,256		4.2		8.7		80,800		6.6
Transportation & Logistics	48,494		4.0		8.2		42,049		3.4
Software & IT Services	47,641		3.9		8.1		47,563		3.9
Financial Services	40,420		3.3		6.8		30,950		2.5
Industrial Products	32,518		2.7		5.5		25,827		2.1
Environmental Services	29,753		2.5		5.0		34,869		2.9
Education	26,357		2.2		4.5		25,995		2.1
Industrial Services	25,460		2.1		4.3		24,920		2.0
Energy Services (Midstream)	22,829		1.9		3.9		23,337		1.9
Specialty Chemicals	17,839		1.5		3.0		17,531		1.4
Energy Services (Upstream)	17,730		1.5		3.0		17,402		1.4
Telecommunications	17,386		1.4		2.9		21,796		1.9
Distribution	16,315		1.4		2.8		18,755		1.5
Containers & Packaging	10,131		0.8		1.7		10,656		0.9
Aerospace & Defense	6,000		0.5		1.0		5,898		0.5
	$	1,206,388	100.0	%	204.3	%	$	1,220,152	100.0	%


	Fair Value		Percentage of Total Portfolio at Fair Value		Percentage of Net Assets at Fair Value		Cost		Percentage of Total Portfolio at Cost
	(dollars in thousands)
September 30, 2023:
Northeast	$	337,330	24.9	%	51.3	%	$	316,934	23.3	%
West	264,461		19.6		40.2		265,904		19.6
Southwest	238,578		17.6		36.3		241,338		17.7
Southeast	235,606		17.4		35.8		231,478		17.0
Midwest	168,177		12.4		25.6		169,870		12.5
International	55,992		4.1		8.5		54,631		4.0
I-45 SLF LLC1	53,422		4.0		8.1		80,800		5.9
	$	1,353,566	100.0	%	205.8	%	$	1,360,955	100.0	%

March 31, 2023:
Northeast	$	269,569	22.3	%	45.7	%	$	255,995	21.0	%
Southeast	235,782		19.5		39.9		236,333		19.4
Southwest	234,127		19.4		39.6		231,467		19.0
West	233,079		19.3		39.5		232,109		19.0
Midwest	156,233		13.1		26.4		158,989		13.0
I-45 SLF LLC1	51,256		4.2		8.7		80,800		6.6
International	26,342		2.2		4.5		24,459		2.0
	$	1,206,388	100.0	%	204.3	%	$	1,220,152	100.0	%

1I-45 SLF LLC is a joint venture between CSWC and Main Street Capital Corporation. This entity primarily invests in syndicated senior secured loans to the UMM. The portfolio companies held by I-45 SLF LLC represent a diverse set of geographic regions, which are similar to those in which CSWC invests directly.

STOCK BASED COMPENSATION PLANS - Narrative (Details) - USD ($)		3 Months Ended		6 Months Ended
	Jul. 18, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation expense		$ 1,236,000	$ 1,060,000	$ 2,199,000	$ 1,881,000
Restricted Stock
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted-average vesting period				2 years 9 months 18 days
Share-based compensation expense		1,200,000	1,100,000	$ 2,200,000	1,900,000
Non-vested restricted stock awards		$ 10,600,000		$ 10,600,000
Restricted Stock \| 2010 Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vesting period				4 years
Right to grant period	10 years
Restricted Stock \| 2021 Employee Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Available for issuance (in shares)	1,200,000
Remaining number of shares authorized (in shares)		722,267		722,267
Restricted Stock \| Non-Employee Director Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vesting period				1 year
Available for issuance (in shares)		120,000		120,000
Remaining number of shares authorized (in shares)		96,695		96,695
Term of service				1 year
Grant market value		$ 50,000		$ 50,000
Weighted-average vesting period				1 year
Share-based compensation expense		$ 100,000	$ 35,500	$ 100,000	$ 35,500

Schedule of Investments in and Advances to Affiliates (Tables)

6 Months Ended

Sep. 30, 2023

Investments in and Advances to Affiliates [Abstract]

Schedule of Investments in and Advances to Affiliates

SCHEDULE 12-14

Schedule of Investments in and Advances to Affiliates

(In thousands)


Portfolio Company	Type of Investment (1)	September 30, 2023 Principal Amount - Debt Investments		Amount of Interest or Dividends Credited in Income (2)		Fair Value at March 31, 2023		Gross Additions (3)		Gross Reductions (4)		Amount of Realized Gain/(Loss) (5)		Amount of Unrealized Gain/(Loss)		Fair Value at September 30, 2023
Control Investments
I-45 SLF LLC	80% LLC equity interest	$	—	$	4,310	$	51,256	$	—	$	—	$	—	$	2,166	$	53,422
Total Control Investments		$	—	$	4,310	$	51,256	$	—	$	—	$	—	$	2,166	$	53,422

Affiliate Investments
Air Conditioning Specialists, Inc.	Revolving Loan	$	825	$	41	$	800	$	604	$	(575)	$	15	$	(19)	$	825
	First Lien	14,836		1,577		27,438		1,356		(13,897)		174		(235)		14,836
	766,738.93 Preferred Units	—		—		1,202		—		—		—		900		2,102
Catbird NYC, LLC	Revolving Loan	1,500		19		—		1,508		—		—		(8)		1,500
	First Lien	15,300		984		15,500		31		(200)		—		(31)		15,300
	1,000,000 Class A Units	—		6		1,658		—		—		—		—		1,658
	500,000 Class B Units	—		1		714		—		—		—		—		714
Central Medical Supply LLC	Revolving Loan	300		29		296		3		—		—		1		300
	First Lien	7,506		586		7,402		22		—		—		82		7,506
	Delayed Draw Term Loan	100		14		99		3		—		—		(2)		100
	1,987,930 Preferred Units	—		—		357		121		—		—		369		847
Chandler Signs, LLC	1,500,000 units of Class A-1 common stock	—		59		3,215		—		(3,402)		1,902		(1,715)		—
Delphi Intermediate Healthco LLC	First Lien	—		—		—		—		—		(1,649)		1,649		—
	First Lien	—		—		—		—		—		(1,829)		1,829		—
	Protective Advance	—		—		—		—		—		(1,448)		1,448		—
	1,681.04 Common Units	—		—		—		—		—		(3,615)		3,615		—


Portfolio Company	Type of Investment (1)	September 30, 2023 Principal Amount - Debt Investments	Amount of Interest or Dividends Credited in Income (2)	Fair Value at March 31, 2023	Gross Additions (3)	Gross Reductions (4)	Amount of Realized Gain/(Loss) (5)	Amount of Unrealized Gain/(Loss)	Fair Value at September 30, 2023
Dynamic Communities, LLC	First Lien - Term Loan A	4,038	194	3,823	194	—	—	(3)	4,014
	First Lien - Term Loan B	4,101	234	3,843	234	—	—	(1)	4,076
	250,000 Class A Preferred units	—	—	625	—	—	—	—	625
	5,435,211.03 Class B Preferred units	—	—	2,218	—	—	—	—	2,218
	255,984.22 Class C Preferred units	—	—	—	—	—	—	—	—
	2,500,000 Common units	—	—	—	—	—	—	—	—
GPT Industries, LLC	Revolving Loan	—	14	—	6	—	—	(6)	—
	First lien	6,073	443	6,030	9	(77)	—	111	6,073
	1,000,000 Class A Preferred Units	—	—	1,000	—	—	—	469	1,469
GrammaTech, Inc.	Revolving Loan	—	4	—	4	—	—	(4)	—
	First Lien	2,000	657	10,031	17	(8,031)	39	(56)	2,000
	1,000 Class A units	—	—	—	—	—	—	—	—
	360.06 Class A-1 units	—	—	372	—	—	—	(372)	—
ITA Holdings Group, LLC	Revolving Loan	—	269	7,014	(34)	(7,005)	—	25	—
	First Lien - Term Loan	—	282	10,114	6	(10,145)	—	25	—
	First Lien - Term Loan B	—	189	5,068	17	(5,073)	—	(12)	—
	First Lien - PIK Note A	—	88	3,255	168	(3,427)	—	4	—
	First Lien - PIK Note B	—	3	128	6	(134)	—	—	—
	First Lien - Term Loan	12,901	665	—	10,850	—	—	2,051	12,901
	First Lien - Term Loan B	12,901	734	—	10,846	—	—	2,055	12,901
	Delayed Draw Term Loan	—	6	—	(28)	—	—	28	—
	Warrants	—	—	4,046	—	—	—	(41)	4,005
	Warrants	—	—	—	3,791	—	—	78	3,869
	9.25% Class A membership interest	—	25	4,348	—	—	—	(1,974)	2,374


Portfolio Company	Type of Investment (1)	September 30, 2023 Principal Amount - Debt Investments		Amount of Interest or Dividends Credited in Income (2)		Fair Value at March 31, 2023		Gross Additions (3)		Gross Reductions (4)		Amount of Realized Gain/(Loss) (5)		Amount of Unrealized Gain/(Loss)		Fair Value at September 30, 2023
Lighting Retrofit International, LLC (DBA Envocore)	Revolving Loan	—		5		—		—		—		—		—		—
	First Lien	5,117		196		5,143		—		(26)		—		(138)		4,979
	Second Lien	5,208		—		3,594		—		—		—		1,323		4,917
	208,333.3333 Series A Preferred units	—		—		—		—		—		—		—		—
	203,124.9999 Common units	—		—		—		—		—		—		—		—
Outerbox, LLC	Revolving Loan	—		6		—		3		—		—		(3)		—
	First Lien	14,625		918		14,552		20		—		—		53		14,625
	6,308.2584 Class A common units	—		—		773		—		—		—		—		773
Roseland Management, LLC	Revolving Loan	300		38		555		8		(275)		—		10		298
	First Lien	14,978		917		14,524		12		(72)		—		424		14,888
	3,364 Class A-2 Units	—		—		694		—		—		—		36		730
	1,100 Class A-1 units	—		—		161		—		—		—		12		173
	16,084 Class A units	—		—		422		—		—		—		174		596
Sonobi, Inc.	500,000 Class A Common units	—		—		1,749		—		—		—		253		2,002
STATinMED, LLC	First Lien	7,561		276		7,288		272		—		—		(491)		7,069
	Delayed Draw Term Loan	—		1		122		2		(124)		1		(1)		—
	4,718.62 Class A Preferred Units	—		—		3,767		—		—		—		(3,767)		—
	39,097.96 Class B Preferred Units	—		—		—		—		—		—		—		—
Student Resource Center LLC	First Lien	8,889		393		8,720		14		—		—		(14)		8,720
	10,502,487.46 Preferred units	—		—		5,845		—		—		—		—		5,845
	2,000,000 Preferred units	—		—		—		—		—		—		—		—
Total Affiliate Investments		$	139,059	$	9,873	$	188,505	$	30,065	$	(52,463)	(6,410)		$	8,131	$	167,828
Total Control & Affiliate Investments		$	139,059	$	14,183	$	239,761	$	30,065	$	(52,463)	$	(6,410)	$	10,297	$	221,250

(1)The principal amount and ownership detail as shown in the Consolidated Schedules of Investments.

(2)Represents the total amount of interest or dividends credited to income for the portion of the year an investment was included in the Control or Affiliate categories, respectively.

RELATED PARTY TRANSACTIONS (Details) - Corporate Joint Venture - USD ($)	3 Months Ended	6 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Mar. 31, 2023
Related Party Transaction [Line Items]
Dividends receivable	$ 2,200,000	$ 2,200,000	$ 1,900,000
Management fees from our portfolio companies	$ 21,000	$ 45,400

STOCK BASED COMPENSATION PLANS - Schedule of Restricted Stock Outstanding (Details) - Restricted Stock - $ / shares	6 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 31, 2023
2010 Plan and 2021 Employee Plan
Number of Shares
Beginning balance (in shares)	432,711
Granted (in shares)	284,407
Vested (in shares)	(139,386)
Forfeited (in shares)	(1,791)
Ending balance (in shares)	575,941	432,711
Weighted Average Fair Value Per Share at grant date
Beginning balance (in dollars per share)	$ 21.61
Granted (in dollars per share)	19.86
Vested (in dollars per share)	20.91
Forfeited (in dollars per share)	23.91
Ending balance (in dollars per share)	$ 20.91	$ 21.61
Weighted Average Remaining Vesting Term (in Years)
Weighted Average Vesting Term	2 years 9 months 18 days	2 years 4 months 24 days
Non-Employee Director Plan
Number of Shares
Beginning balance (in shares)	12,105
Granted (in shares)	11,200
Vested (in shares)	(12,105)
Forfeited (in shares)	0
Ending balance (in shares)	11,200	12,105
Weighted Average Fair Value Per Share at grant date
Beginning balance (in dollars per share)	$ 20.66
Granted (in dollars per share)	0
Vested (in dollars per share)	0
Forfeited (in dollars per share)	0
Ending balance (in dollars per share)	$ 22.33	$ 20.66
Weighted Average Remaining Vesting Term (in Years)
Weighted Average Vesting Term	10 months 24 days	4 months 24 days

BORROWINGS - Narrative (Details)				1 Months Ended		3 Months Ended		4 Months Ended	6 Months Ended
BORROWINGS - Narrative (Details)	Aug. 02, 2023 USD ($)	May 11, 2022	Apr. 20, 2021 USD ($)	Aug. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Aug. 01, 2023 USD ($)	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Nov. 22, 2022 USD ($)	Jan. 28, 2022 USD ($)	Nov. 30, 2021 USD ($)	May 25, 2021 USD ($)	Feb. 28, 2021 USD ($)	Apr. 25, 2019
Debt Instrument [Line Items]
Asset coverage ratio																			166.00%
Current asset coverage ratio						229.00%		229.00%	229.00%
Recorded value						$ 732,667,000		$ 732,667,000	$ 732,667,000				$ 637,644,000
Outstanding balance						741,875,000		741,875,000	741,875,000				645,000,000
January 2026 Notes
Debt Instrument [Line Items]
Aggregate principal amount						140,000,000		140,000,000	140,000,000				140,000,000
October 2026 Notes
Debt Instrument [Line Items]
Aggregate principal amount						150,000,000		150,000,000	150,000,000				150,000,000
August 2028 Notes
Debt Instrument [Line Items]
Aggregate principal amount						71,875,000		71,875,000	71,875,000				0
SBA Debentures
Debt Instrument [Line Items]
Aggregate principal amount						130,000,000		130,000,000	130,000,000				120,000,000
Notes \| January 2026 Notes
Debt Instrument [Line Items]
Recorded value						139,220,000		139,220,000	139,220,000				139,051,000
Aggregate principal amount					$ 75,000,000													$ 65,000,000
Fixed interest rate					4.50%
Issuance price percent received																		102.11%
Yield-to-maturity																		4.00%
Outstanding balance						$ 140,000,000		$ 140,000,000	$ 140,000,000				140,000,000
Weighted average interest rate						4.46%		4.46%	4.46%
Interest expense						$ 1,700,000	$ 3,300,000		$ 1,700,000	$ 3,300,000
Average borrowings						140,000,000	140,000,000		140,000,000	140,000,000
Redemption price, percentage					100.00%
Notes \| January 2026 Notes \| Significant Unobservable Inputs (Level 3)
Debt Instrument [Line Items]
Fair value						117,300,000		$ 117,300,000	117,300,000
Notes \| October 2026 Notes
Debt Instrument [Line Items]
Recorded value						$ 147,633,000		$ 147,633,000	$ 147,633,000				147,263,000
Aggregate principal amount				$ 100,000,000												$ 50,000,000
Fixed interest rate				3.375%												3.375%
Issuance price percent received				99.418%												99.993%
Yield-to-maturity				3.50%		3.50%		3.50%	3.50%							3.375%
Outstanding balance						$ 150,000,000		$ 150,000,000	$ 150,000,000				150,000,000
Interest expense						1,500,000	1,400,000		2,900,000	2,900,000
Average borrowings						150,000,000	$ 150,000,000		150,000,000	$ 150,000,000
Redemption price, percentage				100.00%
Notes \| October 2026 Notes \| Significant Unobservable Inputs (Level 3)
Debt Instrument [Line Items]
Fair value						126,100,000		126,100,000	126,100,000
Notes \| August 2028 Notes
Debt Instrument [Line Items]
Recorded value						69,438,000		69,438,000	69,438,000
Aggregate principal amount						71,900,000		71,900,000	71,900,000			$ 71,900,000
Fixed interest rate												7.75%
Outstanding balance						$ 71,875,000		$ 71,875,000	$ 71,875,000
Weighted average interest rate						7.75%		7.75%	7.75%
Interest expense						$ 1,500,000			$ 1,800,000
Average borrowings								$ 71,900,000
Notes \| August 2028 Notes \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Debt Instrument [Line Items]
Fair value						73,600,000		73,600,000	73,600,000
Notes \| August 2028 Notes Overallotment
Debt Instrument [Line Items]
Aggregate principal amount												$ 9,400,000
Unsecured Debt \| SBA Debentures
Debt Instrument [Line Items]
Recorded value						$ 126,376,000		126,376,000	$ 126,376,000				116,330,000
Weighted-average interest rate						4.23%	2.58%		4.09%	2.55%
Outstanding balance						$ 130,000,000		130,000,000	$ 130,000,000				$ 120,000,000
Interest expense						1,500,000	$ 600,000		2,900,000	$ 1,000,000
Average borrowings						128,200,000	80,000,000		126,000,000	65,900,000
Unsecured Debt \| SBA Debentures \| SBIC I
Debt Instrument [Line Items]
Debt instrument term			10 years
Regulatory maximum borrowing capacity			$ 175,000,000
Regulatory capital			$ 87,500,000			87,500,000		87,500,000	87,500,000
Leverage commitment amount														$ 50,000,000	$ 40,000,000		$ 40,000,000
Available leverage commitment						79,000,000		79,000,000	79,000,000
Unsecured Debt \| SBA Debentures \| Significant Unobservable Inputs (Level 3)
Debt Instrument [Line Items]
Fair value						116,200,000		116,200,000	116,200,000
Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 435,000,000										$ 400,000,000
Accordion feature increase limit	$ 750,000,000
Minimum senior coverage ratio		2.00
Maximum asset coverage ratio		1.50
Interest coverage ratio		2.00
Recorded value						250,000,000		250,000,000	250,000,000
Amortization of deferred loan costs						$ 4,300,000	$ 2,900,000		$ 9,300,000	$ 4,800,000
Weighted-average interest rate						7.70%	4.46%		7.52%	3.86%
Average outstanding amount						$ 185,100,000	$ 214,600,000		$ 106,100,000	$ 198,800,000
Outstanding balance						$ 250,000,000		$ 250,000,000	$ 250,000,000
Credit Facility \| Line of Credit \| Minimum
Debt Instrument [Line Items]
Commitment fee percentage		0.50%
Credit Facility \| Line of Credit \| Maximum
Debt Instrument [Line Items]
Commitment fee percentage		1.00%
Credit Facility \| Line of Credit \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	2.15%

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net unrealized depreciation on investments	$ 22,624	$ 9,458	$ 46,436	$ 11,968

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-3

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-4

Reference 13: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-10

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483581/946-220-45-7

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
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-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
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Reference 21: http://www.xbrl.org/2003/role/disclosureRef
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Reference 24: http://www.xbrl.org/2003/role/disclosureRef
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Reference 25: http://www.xbrl.org/2003/role/disclosureRef
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Reference 26: http://www.xbrl.org/2003/role/disclosureRef
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Reference 27: http://www.xbrl.org/2003/role/disclosureRef
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Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Section S99
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Reference 29: http://www.xbrl.org/2003/role/disclosureRef
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Reference 30: http://www.xbrl.org/2003/role/disclosureRef
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Reference 32: http://www.xbrl.org/2003/role/exampleRef
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Reference 33: http://www.xbrl.org/2003/role/disclosureRef
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Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-7

Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-28

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
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Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
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-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
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-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

BORROWINGS - Schedule of Issued and Outstanding SBA Debentures (Details) $ in Thousands	Sep. 30, 2023 USD ($) poolingDate	Mar. 31, 2023 USD ($)
Debt Instrument [Line Items]
Outstanding Balance	$ 741,875	$ 645,000
Unsecured Debt \| SBA Debentures
Debt Instrument [Line Items]
Outstanding Balance	$ 130,000	$ 120,000
Number of pooling date \| poolingDate	2
Unsecured Debt \| Debentures due September 2031
Debt Instrument [Line Items]
Fixed Interest Rate	1.575%
Outstanding Balance	$ 15,000
Unsecured Debt \| Debentures due March 2032
Debt Instrument [Line Items]
Fixed Interest Rate	3.209%
Outstanding Balance	$ 25,000
Unsecured Debt \| Debentures due September 2032
Debt Instrument [Line Items]
Fixed Interest Rate	4.435%
Outstanding Balance	$ 40,000
Unsecured Debt \| Debentures due March 2033
Debt Instrument [Line Items]
Fixed Interest Rate	5.215%
Outstanding Balance	$ 40,000
Unsecured Debt \| Debentures due September 2032
Debt Instrument [Line Items]
Fixed Interest Rate	5.735%
Outstanding Balance	$ 10,000

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fee income:
Other income	$ 82	$ 18	$ 139	$ 20
Total investment income	42,777	26,799	83,138	49,342
Compensation	2,333	2,254	4,843	3,796
Share-based compensation	1,236	1,060	2,199	1,881
Interest	10,481	6,629	20,162	12,113
Professional fees	989	810	1,944	1,659
General and administrative	1,327	1,068	2,576	2,285
Total operating expenses	16,366	11,821	31,724	21,734
Income before taxes	26,411	14,978	51,414	27,608
Federal income, excise and other taxes	(150)	178	449	251
Deferred taxes	(633)	356	(785)	475
Total income tax (benefit) provision	(783)	534	(336)	726
Net investment income	27,194	14,444	51,750	26,882
Realized gain (loss)
Income tax benefit (provision)	28	79	(293)	(165)
Total net realized gain (loss) on investments, net of tax	390	(8,635)	(12,392)	(6,315)
Net unrealized (depreciation) appreciation on investments
Income tax benefit (provision)	1,083	(1,494)	1,063	(2,575)
Total net unrealized (depreciation) appreciation on investments, net of tax	(4,599)	3,649	7,439	(8,599)
Net realized and unrealized (losses) gains on investments	(4,209)	(4,986)	(4,953)	(14,914)
Realized loss on extinguishment of debt	(361)	0	(361)	0
Net increase in net assets from operations	$ 22,624	$ 9,458	$ 46,436	$ 11,968
Pre-tax net investment income per share - basic (in usd per share)	$ 0.67	$ 0.54	$ 1.33	$ 1.03
Pre-tax net investment income per share - diluted (in usd per share)	0.67	0.54	1.33	1.03
Net investment income per share – basic (in usd per share)	0.69	0.52	1.34	1.01
Net investment income per share – diluted (in usd per share)	0.69	0.52	1.34	1.01
Net increase in net assets from operations – basic (in usd per share)	0.57	0.34	1.20	0.45
Net increase in net assets from operations – diluted (in usd per share)	$ 0.57	$ 0.34	$ 1.20	$ 0.45
Weighted average shares outstanding – basic (in share)	39,698,396	27,987,699	38,653,879	26,757,376
Weighted average shares outstanding – diluted (in share)	39,698,396	27,987,699	38,653,879	26,757,376
Non-control/Non-affiliate investments
Interest income:
Interest income	$ 33,657	$ 19,632	$ 64,297	$ 35,380
Payment-in-kind interest income:
Payment-in-kind interest income	963	550	1,877	966
Dividend income:
Dividend income	287	527	786	1,077
Fee income:
Fee income	349	567	1,294	1,857
Realized gain (loss)
Realized gain (loss)	210	(2,396)	(5,596)	153
Net unrealized (depreciation) appreciation on investments
Unrealized gain (loss)	(6,204)	2,609	(3,921)	(1,942)
Affiliate investments
Interest income:
Interest income	4,298	2,487	8,477	4,999
Payment-in-kind interest income:
Payment-in-kind interest income	563	834	1,305	1,105
Dividend income:
Dividend income	31	0	91	101
Fee income:
Fee income	360	134	517	252
Realized gain (loss)
Realized gain (loss)	152	(6,318)	(6,503)	(6,303)
Net unrealized (depreciation) appreciation on investments
Unrealized gain (loss)	(1,038)	3,338	8,131	2,624
Control investments
Dividend income:
Dividend income	2,166	2,000	4,310	3,535
Fee income:
Fee income	21	50	45	50
Net unrealized (depreciation) appreciation on investments
Unrealized gain (loss)	$ 1,560	$ (804)	$ 2,166	$ (6,706)

FAIR VALUE MEASUREMENTS - Schedule Investment Portfolio by Level (Details) - USD ($)
$ in Thousands

6 Months Ended

Sep. 30, 2023

Mar. 31, 2023

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

$ 1,353,566

^[1],[2],[3]

$ 1,206,388

^[4],[5],[6]

Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

1,300,144

Total Investments

1,155,132

Recurring

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Total Investments

1,353,566

1,206,388

Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Total Investments

Recurring | Significant Other Observable Inputs (Level 2)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Total Investments

Recurring | Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Total Investments

1,300,144

1,155,132

Recurring | Net Asset Value

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investments measured at net asset value

$ 53,422

51,256

Prior notice period to sell or transfer membership interest

60 days

Recurring | First lien loans

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

$ 1,141,280

1,000,984

Recurring | First lien loans | Quoted Prices in Active Markets for Identical Assets (Level 1)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | First lien loans | Significant Other Observable Inputs (Level 2)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | First lien loans | Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

1,141,280

1,000,984

Recurring | Second lien loans

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

37,034

35,820

Recurring | Second lien loans | Quoted Prices in Active Markets for Identical Assets (Level 1)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Second lien loans | Significant Other Observable Inputs (Level 2)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Second lien loans | Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

37,034

35,820

Recurring | Subordinated debt

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

760

791

Recurring | Subordinated debt | Quoted Prices in Active Markets for Identical Assets (Level 1)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Subordinated debt | Significant Other Observable Inputs (Level 2)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Subordinated debt | Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

760

791

Recurring | Preferred equity

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

66,440

63,393

Recurring | Preferred equity | Quoted Prices in Active Markets for Identical Assets (Level 1)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Preferred equity | Significant Other Observable Inputs (Level 2)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Preferred equity | Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

66,440

63,393

Recurring | Common equity & warrants

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

54,630

54,144

Recurring | Common equity & warrants | Quoted Prices in Active Markets for Identical Assets (Level 1)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Common equity & warrants | Significant Other Observable Inputs (Level 2)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

Recurring | Common equity & warrants | Significant Unobservable Inputs (Level 3)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Investment owned, fair value

$ 54,630

$ 54,144

[1]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[3]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the valuation committee comprised of certain officers of the Company (the "Valuation Committee") as the valuation designee of the Board of Directors (the "Valuation Designee") pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the “1940 Act”), using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements for further discussion.
[4]	All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[5]	Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[6]	The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 - Fair Value Measurements to our audited consolidated financial statements for further discussion.

BORROWINGS

6 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

BORROWINGS

The Company had the following borrowings outstanding as of September 30, 2023 and March 31, 2023 (amounts in thousands):


	Outstanding Balance		Unamortized Debt Issuance Costs and Debt Discount/Premium(1)		Recorded Value
September 30, 2023
SBA Debentures	$	130,000	$	(3,624)	$	126,376
Credit Facility	250,000		—		250,000
January 2026 Notes	140,000		(780)		139,220
October 2026 Notes	150,000		(2,367)		147,633
August 2028 Notes	71,875		(2,437)		69,438
	$	741,875	$	(9,208)	$	732,667

March 31, 2023
SBA Debentures	$	120,000	$	(3,670)	$	116,330
Credit Facility	235,000		—		235,000
January 2026 Notes	140,000		(949)		139,051
October 2026 Notes	150,000		(2,737)		147,263
	$	645,000	$	(7,356)	$	637,644

(1)The unamortized debt issuance costs for the Credit Facility are reflected as Debt issuance costs on the Consolidated Statements of Assets and Liabilities.

Credit Facility

In August 2016, CSWC entered into a senior secured revolving credit facility (the “Credit Facility”) to provide additional liquidity to support its investment and operational activities.

January 2026 Notes

As of September 30, 2023, the carrying amount, which includes unamortized debt issuance costs, of the January 2026 Notes was $139.2 million on an aggregate principal amount of $140.0 million at a weighted average effective yield of 4.46%. As of September 30, 2023, the fair value of the January 2026 Notes was $117.3 million. This is a Level 3 fair value measurement under ASC 820 based on a valuation model using a discounted cash flow analysis. The Company recognized interest expense related to the January 2026 Notes, including amortization of deferred issuance costs, of $1.7 million and $3.3 million, respectively, for each of the three and six months ended September 30, 2023 and 2022. For each of the three and six months ended September 30, 2023 and 2022, average borrowings were $140.0 million.

The indenture governing the January 2026 Notes contains certain covenants, including certain covenants requiring the Company to comply with Section 18(a)(1)(A) as modified by Section 61(a)(2) of the 1940 Act, or any successor provisions, whether or not the Company continues to be subject to such provisions of the 1940 Act, but giving effect, in either case, to any exemptive relief granted to the Company by the SEC, to comply with Section 18(a)(1)(B) as modified by Section 61(a)(2) of the 1940 Act, or any successor provisions, after giving effect to any exemptive relief granted to the Company by the SEC and subject to certain other exceptions, and to provide financial information to the holders of the January 2026 Notes and the trustee under the indenture if the Company is no longer subject to the reporting requirements under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These covenants are subject to important limitations and exceptions that are described in the indenture and the third supplemental indenture relating to the January 2026 Notes.

October 2026 Notes

As of September 30, 2023, the carrying amount, which includes unamortized debt issuance costs, of the October 2026 Notes was $147.6 million on an aggregate principal amount of $150.0 million at a weighted average effective yield of 3.5%. As of September 30, 2023, the fair value of the October 2026 Notes was $126.1 million. This is a Level 3 fair value measurement under ASC 820 based on a valuation model using a discounted cash flow analysis. The Company recognized interest expense related to the October 2026 Notes, including amortization of deferred issuance costs, of $1.5 million and $2.9 million for the three and six months ended September 30, 2023, respectively. For the three and six months ended September 30, 2022, the Company recognized interest expense of $1.4 million and $2.9 million, respectively. For each of the three and six months ended September 30, 2023 and 2022, average borrowings were $150.0 million.

August 2028 Notes

In June 2023, the Company issued approximately $71.9 million in aggregate principal amount, including the underwriters' full exercise of their option to purchase an additional $9.4 million in aggregate principal amount to cover over-allotments, of 7.75% notes due 2028 (the "August 2028 Notes"). The August 2028 Notes mature on August 1, 2028 and may be redeemed in whole or in part at any time, or from time to time, at the Company’s option on or after August 1, 2025. The August 2028 Notes bear interest at a rate of 7.75% per year, payable quarterly on February 1, May 1, August 1 and November 1 of each year, beginning on August 1, 2023. The August 2028 Notes are the direct unsecured obligations of the Company, rank pari passu with the Company's other outstanding and future unsecured unsubordinated indebtedness and are effectively or structurally subordinated to all of the Company's existing and future secured indebtedness, including borrowings under the Credit Facility and the SBA Debentures. The August 2028 Notes are listed on the Nasdaq Global Select Market under the trading symbol "CSWCZ."

As of September 30, 2023, the carrying amount, which includes unamortized debt issuance costs, of the August 2028 Notes was $69.4 million on an aggregate principal amount of $71.9 million at a weighted average effective yield of 7.75%. As of September 30, 2023, the fair value of the August 2028 Notes was $73.6 million. The fair value is based on the closing price of the security on The Nasdaq Global Select Market, which is a Level 1 input under ASC 820. The Company recognized

interest expense related to the August 2028 Notes, including amortization of deferred issuance costs, of $1.5 million and $1.8 million for the three and six months ended September 30, 2023, respectively. Since the issuance of the August 2028 Notes on June 14, 2023 through September 30, 2023, average borrowings were $71.9 million.

SBA Debentures

As of September 30, 2023, the Company's issued and outstanding SBA Debentures mature as follows (amounts in thousands):


Pooling Date (1)	Maturity Date	Fixed Interest Rate	September 30, 2023
9/22/2021	9/1/2031	1.575%	$	15,000
3/23/2022	3/1/2032	3.209%	25,000
9/21/2022	9/1/2032	4.435%	40,000
3/22/2023	3/1/2033	5.215%	40,000
9/20/2023	9/1/2033	5.735%	10,000
			$	130,000

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//470/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

SUMMARY OF PER SHARE INFORMATION (Tables)

6 Months Ended

Sep. 30, 2023

Investment Company [Abstract]

Schedule of Per Share Data

The following presents a summary of per share data for the six months ended September 30, 2023 and 2022 (share amounts presented in thousands).


	Six Months Ended
	September 30,
Per Share Data:		2023			2022
Investment income1		$	2.15		$	1.84
Operating expenses1		(0.82)			(0.81)
Income taxes1		0.01			(0.02)
Net investment income1		1.34			1.01
Net realized (loss) gain, net of tax1		(0.32)			(0.24)
Net unrealized appreciation (depreciation) on investments, net of tax1		0.19			(0.32)
Realized loss on extinguishment of debt1		(0.01)			—
Total increase from investment operations		1.20			0.45
Accretive effect of share issuances and repurchases		0.20			0.39
Dividends to shareholders		(1.21)			(1.13)
Issuance of restricted stock2		(0.13)			(0.14)
Common stock withheld for payroll taxes upon vesting of restricted stock		(0.05)			(0.01)
Share based compensation expense		0.06			0.07
Other3		0.02			0.04
Increase (decrease) in net asset value		0.09			(0.33)
Net asset value
Beginning of period		16.37			16.86
End of period		$	16.46		$	16.53

Ratios and Supplemental Data
Ratio of operating expenses to average net assets4		9.90		%	9.76		%
Ratio of net investment income to average net assets4		16.15		%	12.07		%
Portfolio turnover		4.59		%	9.01		%
Total investment return5		36.14		%	(24.06)		%
Total return based on change in NAV6		7.94		%	4.74		%

Per share market value at the end of the period		$	22.90		$	16.94
Weighted-average basic and diluted shares outstanding		38,654			26,757
Common shares outstanding at end of period		39,951			28,782

1Based on weighted average of common shares outstanding for the period.

2Reflects impact of the different share amounts as a result of issuance or forfeiture of restricted stock during the period.

4The ratios reflect an annualized amount.

SHAREHOLDERS' EQUITY - Shares Repurchased In Connection With The Vesting Of Restricted Stock Awards (Details) - Shares repurchased for restricted stock awards vested - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Equity, Class of Treasury Stock [Line Items]
Cancellation of treasury stock (in shares)	0	0	46,581	29,673
Aggregate cost of shares repurchased (in thousands)	$ 0	$ 0
Cancellation of treasury stock			$ 924,955	$ 641
Weighted average price per share (in usd per share)	$ 0	$ 0	$ 19.86	$ 21.60