Consolidated Schedule of Investments In and Advances to Affiliates

v3.25.4

Consolidated Schedule of Investments In and Advances to Affiliates	12 Months Ended
	Dec. 31, 2025
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Consolidated Schedule of Investments In and Advances to Affiliates	Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Majority-Owned Investments BDB Holdings, LLC Preferred Equity (7) $ —  $ (6,280) $ —  $ 18,920  $ —  $ 6,280  $ 12,640  12.00% Secured Debt (7) —  —  87  —  1,773  —  1,773  Bettercloud, Inc. 12.07% SF+ 8.25% 12.07% Secured Debt (6) —  —  92  —  6,017  —  6,017  Common Equity (6) —  (1,200) —  —  16,890  1,200  15,690  Brewer Crane Holdings, LLC 13.98% SF+ 10.00% Secured Debt (9) —  —  729  5,016  —  —  5,016  Preferred Member Units (9) —  (1,220) 120  4,680  —  1,220  3,460  15.00% 15.00% Preferred Member Units (9) —  —  24  —  336  —  336  Café Brazil, LLC Member Units (8) (707) 542  84  1,200  542  1,742  —  California Splendor Holdings LLC 14.00% Secured Debt (9) —  251  3,789  28,465  466  3,293  25,638  Secured Debt (9) —  —  49  1,506  22  1,539  (11) Preferred Member Units (9) —  (9,414) 188  22,215  —  9,414  12,801  15.00% 15.00% Preferred Member Units (9) —  —  1,659  10,909  1,660  —  12,569  Clad-Rex Steel, LLC Secured Debt (12) (5) —  —  2  —  —  —  —  Secured Debt (5) —  (36) 392  6,760  —  6,760  —  10.00% Secured Debt (5) —  75  445  —  9,800  320  9,480  10.00% Secured Debt (5) —  (1) 96  973  1  45  929  Member Units (5) —  3,130  1,320  10,990  3,130  —  14,120  Member Units (5) —  320  —  950  320  —  1,270  Cody Pools, Inc. Secured Debt (12) (8) —  70  227  —  843  843  —  12.50% Secured Debt (8) —  545  4,829  39,227  3,371  7,697  34,901  Preferred Member Units (8) —  (2,750) 1,773  67,810  —  2,750  65,060  CompareNetworks Topco, LLC SF+ 9.00% Secured Debt (9) —  —  339  2,903  —  2,903  —  12.98% Secured Debt (9) —  —  155  —  4,431  400  4,031  Preferred Member Units (9) —  (3,610) —  11,260  —  3,610  7,650  Compass Systems & Sales, LLC Secured Debt (5) —  —  5  (21) 6  —  (15) 13.50% Secured Debt (5) —  (139) 2,388  17,067  34  140  16,961  Preferred Equity (5) —  (270) 240  7,450  —  270  7,180  Cybermedia Technologies, LLC Secured Debt (6) —  —  10  —  —  —  —  13.00% Secured Debt (6) —  (5) 3,645  27,116  56  96  27,076  Preferred Member Units (6) —  (15,000) 451  15,000  —  15,000  —  Preferred Equity (6) —  3,940  —  —  6,440  100  6,340  Datacom, LLC 7.50% Secured Debt (8) —  —  63  493  767  585  675  10.00% Secured Debt (8) —  (3,642) 939  7,947  135  3,913  4,169  Preferred Member Units (8) —  (600) —  240  360  600  —  Direct Marketing Solutions, Inc. 14.00% Secured Debt (9) —  (29) 107  —  1,814  29  1,785  14.00% Secured Debt (9) —  (39) 3,339  23,902  39  859  23,082  Preferred Stock (9) —  1,830  —  17,930  1,830  —  19,760  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Gamber-Johnson Holdings, LLC SF+ 7.50% Secured Debt (12) (5) —  —  6  —  —  —  —  11.38% SF+ 7.50% Secured Debt (5) —  (50) 8,464  73,126  50  2,650  70,526  Member Units (5) —  (940) 7,219  114,750  —  940  113,810  Common Equity (5) —  —  —  —  396  —  396  Garreco, LLC Member Units (8) —  (230) (59) 2,060  —  230  1,830  GRT Rubber Technologies LLC 9.98% SF+ 6.00% Secured Debt (8) —  (3) 334  3,146  3  3  3,146  11.98% SF+ 8.00% Secured Debt (8) —  (47) 5,128  40,493  47  47  40,493  Member Units (8) —  470  5,296  45,890  470  —  46,360  Gulf Publishing Holdings, LLC SF+ 9.50% Secured Debt (8) —  —  —  —  —  —  —  Secured Debt (8) (231) 782  —  1,518  623  2,141  —  Preferred Equity (8) (5,600) 5,600  —  —  5,600  5,600  —  Member Units (8) (3,681) 3,681  —  —  3,681  3,681  —  IG Investor, LLC 13.00% Secured Debt (12) (6) —  20  231  1,572  28  —  1,600  13.00% Secured Debt (6) —  174  4,694  35,257  247  440  35,064  Common Equity (6) —  11,800  —  16,230  11,800  —  28,030  Jensen Jewelers of Idaho, LLC P+ 6.75% Secured Debt (12) (9) —  —  —  —  —  —  —  13.75% P+ 6.75% Secured Debt (9) —  —  183  1,498  —  620  878  Member Units (9) —  (280) 1,064  11,820  —  280  11,540  Legacy Swim Group 13.00% Secured Debt (7) —  —  1,206  —  31,691  —  31,691  Preferred Equity (7) —  —  91  —  14,996  —  14,996  MSC Adviser I, LLC Member Units (8) —  9,020  11,073  246,000  9,020  —  255,020  Mystic Logistics Holdings, LLC Secured Debt (6) —  —  4  —  —  —  —  Secured Debt (6) —  (15) 581  5,746  15  5,761  —  Common Stock (6) 23,798  (23,650) 7,872  26,370  23,798  50,168  —  NRP Jones, LLC 12.00% Secured Debt (5) —  (1,687) 205  2,178  —  1,704  474  Member Units (5) —  (2,696) 3  2,696  —  2,696  —  Member Units (5) —  (94) —  94  —  94  —  Preferred Equity (5) —  (482) —  —  482  482  —  Common Equity (5) —  —  —  —  1,200  272  928  OMi Topco, LLC Secured Debt (8) —  (30) 207  9,000  —  9,000  —  Secured Debt (8) —  —  434  —  —  —  —  Secured Debt (8) —  —  781  —  —  —  —  Secured Debt (8) —  —  538  —  —  —  —  12.00% Secured Debt (8) —  44  257  —  29,000  —  29,000  Preferred Member Units (8) —  5,180  27,306  72,720  5,180  —  77,900  Principle Environmental, LLC 13.00% Secured Debt (8) —  17  665  4,861  36  —  4,897  Preferred Member Units (8) —  3,140  1,723  12,600  3,140  —  15,740  Common Stock (8) —  150  —  600  150  —  750  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Quality Lease Service, LLC Member Units (7) —  —  —  460  —  —  460  Robbins Bros. Jewelry, Inc. Secured Debt (9) —  —  55  (39) —  23  (62) 12.50% 10.00% Secured Debt (9) —  320  —  14,562  —  533  14,029  Preferred Equity (9) —  —  —  —  —  —  —  Trantech Radiator Topco, LLC Secured Debt (12) (7) —  —  4  (1) 1  —  —  13.50% Secured Debt (7) —  41  1,157  7,855  1,145  —  9,000  Common Stock (7) —  6,350  888  8,570  6,350  —  14,920  Common Equity (7) —  —  —  —  696  —  696  9.00% Secured Debt (7) —  6  25  —  2,040  —  2,040  Trinity Medical Holdings, LLC Secured Debt (7) —  —  —  —  —  —  —  13.00% Secured Debt (7) —  —  2,995  —  57,944  —  57,944  Preferred Equity (7) —  —  —  —  22,500  —  22,500  Victory Energy Operations, LLC 13.00% Secured Debt (12) (8) —  —  131  (33) 2,592  1,723  836  13.00% Secured Debt (8) —  —  6,456  47,792  97  —  47,889  Preferred Equity (8) —  909  535  22,686  909  215  23,380  Volusion, LLC 10.00% Secured Debt (8) —  —  213  2,100  —  —  2,100  Preferred Member Units (8) —  —  11  —  —  —  —  Preferred Member Units (8) 24  (1,945) —  7,003  22  4,115  2,910  Preferred Member Units (8) —  —  —  —  —  —  —  Common Stock (8) —  —  —  —  —  —  —  Ziegler’s NYPD, LLC 12.00% Secured Debt (8) —  —  8  —  150  —  150  12.00% Secured Debt (8) —  (63) 214  1,750  —  63  1,687  Preferred Member Units (8) —  (270) —  320  —  270  50  Warrants (8) (600) 600  —  —  600  600  —  Other Controlled Investments —  —  —  —  —  —  —  2717 MH, L.P. LP Interests (2717 MH, L.P.) (8) $ 5,466  $ (4,836) $ —  $ 8,818  $ 4,046  $ 11,069  $ 1,795  LP Interests (2717 HPP-MS, L.P.) (8) —  64  —  383  64  —  447  LP Interests (2717 GRE-LP, L.P.) (8) —  —  —  441  —  —  441  HPEP 423 COR, LP LP Interests (423 COR, L.P.) (8) —  1,057  9  4,187  1,057  —  5,244  American Nuts, LLC Preferred Equity (9) —  (4,720) —  —  8,970  4,720  4,250  12.64% SF+ 8.50% 12.64% Secured Debt (9) —  —  762  —  8,161  —  8,161  12.64% SF+ 8.50% 12.64% Secured Debt (9) —  (1,579) 762  —  8,161  1,579  6,582  Analytical Systems Keco Holdings, LLC Secured Debt (8) —  —  —  —  —  —  —  13.75% Secured Debt (8) —  —  649  4,048  12  200  3,860  Preferred Member Units (8) —  120  —  —  120  —  120  Preferred Member Units (8) —  770  —  5,300  770  40  6,030  Warrants (8) —  —  —  —  —  —  —  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) ASC Interests, LLC 13.00% Secured Debt (8) —  —  54  400  —  —  400  13.00% Secured Debt (8) —  22  209  1,598  22  118  1,502  Preferred Member Units (8) —  —  —  —  —  —  —  Member Units (8) —  —  —  —  —  —  —  ATS Workholding, LLC Secured Debt (9) (1,897) 2,261  —  113  2,324  2,437  —  Secured Debt (9) (2,842) 2,698  —  143  2,698  2,841  —  Preferred Member Units (9) (3,726) 3,726  —  —  3,726  3,726  —  Barfly Ventures, LLC Secured Debt (5) —  —  40  711  —  711  —  Member Units (5) 8,063  (4,276) 1,103  5,860  8,063  13,923  —  Batjer TopCo, LLC Secured Debt (8) —  2  13  446  4  450  —  Secured Debt (8) —  —  15  270  —  270  —  10.00% Secured Debt (8) —  23  1,098  10,529  46  630  9,945  Preferred Stock (8) —  3,590  1,309  5,160  3,590  —  8,750  Bolder Panther Group, LLC 11.10% SF+ 7.22% Secured Debt (9) —  (135) 11,969  101,643  135  732  101,046  Secured Debt (9) —  —  210  —  6,000  6,000  —  8.00% Class B Preferred Member Units (9) —  670  3,776  30,520  670  —  31,190  Secured Debt (9) —  —  93  —  —  —  —  Bridge Capital Solutions Corporation Preferred Member Units (6) —  —  —  —  —  —  —  Warrants (6) —  —  —  —  —  —  —  Warrants (6) —  —  —  —  —  —  —  CBT Nuggets, LLC Member Units (9) —  (1,610) 2,488  49,540  —  1,610  47,930  Centre Technologies Holdings, LLC SF+ 8.00% Secured Debt (12) (8) —  —  12  —  —  —  —  11.98% SF+ 8.00% Secured Debt (8) —  (16) 3,349  25,534  16  1,465  24,085  Preferred Member Units (8) —  30,300  120  12,410  30,300  —  42,710  Chamberlin Holding LLC SF+ 6.00% Secured Debt (12) (8) —  (66) 134  —  66  66  —  SF+ 8.00% Secured Debt (8) —  (2) 1,916  15,620  —  15,620  —  11.99% SF+ 8.00% Secured Debt (8) —  240  1,114  —  42,020  —  42,020  Member Units (8) —  2,420  6,956  33,110  2,420  —  35,530  Member Units (8) —  620  92  3,550  620  —  4,170  Charps, LLC 14.00% Unsecured Debt (5) —  (101) 898  5,694  101  101  5,694  Preferred Member Units (5) —  440  1,082  15,580  440  —  16,020  Colonial Electric Company LLC Secured Debt (12) (6) —  —  8  —  —  —  —  9.00% Secured Debt (6) —  (32) 1,336  14,310  32  5,563  8,779  Preferred Member Units (6) —  3,260  4,816  13,570  3,260  —  16,830  Copper Trail Fund Investments LP Interests (CTMH, LP) (9) —  —  —  500  —  110  390  Digital Products Holdings LLC 13.88% SF+ 10.00% Secured Debt (5) —  (467) 1,785  12,422  43  1,127  11,338  Preferred Member Units (5) —  —  200  9,835  —  —  9,835  Doral Holdings, LLC Preferred Equity (5) —  2,740  —  —  15,740  —  15,740  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Secured Debt (5) —  —  —  —  —  —  —  13.00% Secured Debt (5) —  —  3,100  —  29,270  3,000  26,270  Elgin AcquireCo, LLC SF+ 6.00% Secured Debt (5) —  —  10  (5) 2  —  (3) 12.00% Secured Debt (5) —  —  2,178  17,969  41  1,291  16,719  9.00% Secured Debt (5) —  —  564  6,207  3  54  6,156  Common Stock (5) —  (680) —  5,730  —  680  5,050  Common Stock (5) —  220  —  3,050  220  —  3,270  Flame King Holdings, LLC Preferred Equity (9) —  15,260  8,701  35,920  18,710  —  54,630  12.00% Secured Debt (9) —  584  4,827  —  66,000  —  66,000  Harrison Hydra-Gen, Ltd. Common Stock (8) —  70  287  7,010  70  —  7,080  JTI Electrical & Mechanical, LLC SF+ 6.25% Secured Debt (9) (467) —  —  7,977  —  7,977  —  SF+ 6.25% Secured Debt (9) (5,766) —  —  33,879  —  33,879  —  SF+ 6.25% Secured Debt (9) (537) —  —  3,176  —  3,176  —  10.13% SF+ 6.00% 10.13% Secured Debt (9) —  (84) 1,326  —  36,576  147  36,429  15.00% 15.00% Secured Debt (9) —  (5,267) —  —  6,205  5,266  939  9.13% SF+ 5.00% Secured Debt (9) —  —  213  —  6,316  —  6,316  Common Equity (9) —  (842) —  —  842  842  —  JorVet Holdings, LLC 12.00% Secured Debt (9) —  —  2,884  23,216  47  —  23,263  Preferred Equity (9) —  (2,190) 813  13,180  —  2,190  10,990  KBK Industries, LLC Member Units (5) —  (7,000) 3,542  25,180  —  7,000  18,180  Secured Debt (5) —  (24) 130  3,700  —  3,700  —  9.50% Secured Debt (5) —  34  559  —  9,400  2,200  7,200  Kickhaefer Manufacturing Company, LLC 11.50% Secured Debt (5) —  —  1,631  14,987  8  4,800  10,195  9.00% Secured Debt (5) —  —  356  3,926  2  50  3,878  Preferred Equity (5) —  4,940  1,627  12,240  4,940  —  17,180  Member Units (5) —  1,480  96  2,710  1,480  —  4,190  Metalforming Holdings, LLC Secured Debt (7) —  —  21  (11) 11  —  —  8.75% Secured Debt (7) —  62  1,805  20,844  117  3,724  17,237  8.00% 8.00% Preferred Equity (7) —  (481) 972  6,397  —  481  5,916  Common Stock (7) —  2,920  1,244  6,850  2,920  —  9,770  Moffitt Holdings, LLC 13.00% Secured Debt (8) —  —  4,011  —  34,715  875  33,840  Preferred Equity (8) —  1,260  —  —  15,560  —  15,560  MS Private Loan Fund I, LP 6.88% SF+ 3.00% Secured Debt (12) (8) —  —  539  1,600  28,276  17,876  12,000  LP Interests (8) —  (87) 1,514  14,034  750  87  14,697  MS Private Loan Fund II, LP SF+ 3.00% Secured Debt (12) (8) —  —  63  (59) 1,825  1,850  (84) LP Interests (8) —  170  1,085  7,843  3,221  —  11,064  MSC Income Fund, Inc. Common Equity (8) —  (3,481) 2,098  16,810  8,083  3,481  21,412  MVI MSO, LLC 13.00% Secured Debt (6) —  —  1,206  —  9,768  —  9,768  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Preferred Equity (6) —  2,070  118  —  4,770  —  4,770  NAPCO Precast, LLC Member Units (8) —  4,260  1,898  9,050  5,430  —  14,480  Member Units (8) 1,377  568  —  —  2,760  2,192  568  Nello Industries Investco, LLC SF+ 6.50% Secured Debt (5) —  —  16  (16) 16  —  —  12.50% Secured Debt (5) —  205  3,831  26,959  5,113  —  32,072  Preferred Equity (5) 231  8,695  2,187  15,560  8,924  1,154  23,330  NexRev LLC Secured Debt (8) —  —  —  —  —  —  —  Secured Debt (8) —  (9) 151  9,811  9  9,820  —  Preferred Member Units (8) —  960  140  11,910  960  —  12,870  NuStep, LLC 10.48% SF+ 6.50% Secured Debt (5) —  —  344  3,600  —  2,600  1,000  12.00% Secured Debt (5) —  —  2,245  18,439  1  —  18,440  Preferred Member Units (5) —  650  —  11,550  650  —  12,200  Preferred Member Units (5) —  110  —  6,000  110  —  6,110  Orttech Holdings, LLC 14.98% SF+ 11.00% Secured Debt (5) —  —  15  —  612  —  612  14.98% SF+ 11.00% Secured Debt (5) —  (46) 3,348  21,960  46  1,246  20,760  Preferred Stock (5) —  —  240  13,450  —  —  13,450  Pinnacle TopCo, LLC Secured Debt (12) (8) —  (3) 11  —  3  3  —  13.00% Secured Debt (8) —  (62) 3,752  28,640  62  1,502  27,200  Preferred Equity (8) —  2,080  1,784  18,360  2,080  —  20,440  PPL RVs, Inc. SF+ 8.75% Secured Debt (8) —  (2) 2  —  2  2  —  13.04% SF+ 8.75% Secured Debt (8) —  (44) 1,917  16,456  44  1,309  15,191  Common Stock (8) —  220  522  17,110  220  —  17,330  Common Stock (8) —  61  21  514  61  —  575  River Aggregates, LLC Member Units (8) —  170  —  9,530  170  —  9,700  Tedder Industries, LLC 12.00% 12.00% Secured Debt (9) —  275  —  1,646  —  684  962  12.00% 12.00% Secured Debt (9) —  (777) —  3,603  —  776  2,827  Preferred Member Units (9) —  —  —  —  —  —  —  Preferred Member Units (9) —  —  —  —  —  —  —  Preferred Member Units (9) —  —  —  —  —  —  —  Televerde, LLC Member Units (8) —  570  300  4,252  570  —  4,822  Preferred Stock (8) —  —  —  1,794  —  —  1,794  VVS Holdco LLC SF+ 6.00% Secured Debt (5) —  —  16  —  —  —  —  11.50% Secured Debt (5) —  —  2,945  25,661  55  1,760  23,956  Preferred Equity (5) —  —  99  12,240  —  —  12,240  Other Amounts related to investments transferred to or from other 1940 Act classification during the period 6,769  —  (1,525) (80,952) —  —  —  Total Control investments $ 19,674  $ 46,288  $ 245,940  $ 2,087,890  $ 769,525  $ 368,741  $ 2,569,626  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Affiliate Investments 423 HAR, LP LP Interests (423 HAR, L.P.) (8) $ —  $ —  $ 47  $ 1,226  $ —  $ —  $ 1,226  AAC Holdings, Inc. 20.00% 20.00% Secured Debt (7) (139) 3  66  609  425  139  895  Secured Debt (7) (3,303) 80  —  17,365  —  17,365  —  Preferred Equity (7) —  (6,440) —  —  8,520  6,440  2,080  20.00% 20.00% Secured Debt (7) —  (353) —  —  3,109  353  2,756  20.00% 20.00% Secured Debt (7) —  (353) —  —  3,109  353  2,756  Common Stock (7) —  —  —  —  —  —  —  Warrants (7) —  —  —  —  —  —  —  21.00% 21.00% Secured Debt (7) —  —  10  —  503  —  503  Boccella Precast Products LLC 10.00% Secured Debt (6) —  55  22  266  55  65  256  Member Units (6) —  2,510  490  310  2,510  —  2,820  Buca C, LLC 15.00% 15.00% Secured Debt (7) —  —  —  —  —  —  —  6.00% 6.00% Preferred Member Units (7) —  —  —  —  —  —  —  15.00% 15.00% Secured Debt (7) —  —  —  —  —  —  —  15.00% 15.00% Secured Debt (7) —  (630) —  —  630  630  —  Career Team Holdings, LLC SF+ 6.00% Secured Debt (12) (6) —  —  112  887  238  1,170  (45) 13.00% Secured Debt (6) —  —  2,887  19,364  2,390  203  21,551  Common Stock (6) —  (36) —  4,740  666  36  5,370  CGMS Parent LLC 13.00% Secured Debt (6) —  —  433  —  24,754  —  24,754  Secured Debt (6) —  —  1  —  —  39  (39) Preferred Equity (6) —  —  —  —  10,000  —  10,000  Classic H&G Holdings, LLC Preferred Member Units (6) (58) (810) 1  2,850  —  810  2,040  Congruent Credit Opportunities Funds LP Interests (Congruent Credit Opportunities Fund III, LP) (8) 476  253  69  2,276  730  2,982  24  Connect Telecommunications Solutions Holdings, Inc. 13.00% Secured Debt (6) —  —  3,487  27,315  80  3,242  24,153  Preferred Equity (6) —  —  —  12,596  —  —  12,596  DMA Industries, LLC 10.00% Secured Debt (7) —  46  1,903  16,722  78  4,000  12,800  Preferred Equity (7) —  3,230  —  5,944  3,230  —  9,174  10.00% Secured Debt (7) —  4  67  555  5  —  560  15.00% 15.00% Preferred Equity (7) —  1,670  514  3,240  2,184  —  5,424  Dos Rios Partners LP Interests (Dos Rios Partners, LP) (8) —  458  —  7,708  458  139  8,027  LP Interests (Dos Rios Partners - A, LP) (8) —  146  —  2,447  146  44  2,549  Dos Rios Stone Products LLC Class A Preferred Units (8) —  —  —  —  —  —  —  EIG Fund Investments LP Interests (EIG Global Private Debt Fund-A, L.P.) (8) (2) —  29  369  —  332  37  FCC Intermediate Holdco, LLC 13.00% Secured Debt (5) —  2,712  5,166  29,109  3,691  1,640  31,160  Warrants (5) —  4,300  930  10,840  4,300  —  15,140  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Freeport Financial SBIC Fund LP LP Interests (Freeport Financial SBIC Fund LP) (5) —  (347) —  2,190  —  590  1,600  LP Interests (Freeport First Lien Loan Fund III LP) (5) —  (82) (23) 1,263  —  1,070  193  FRG AcquireCo, LLC Secured Debt (12) (7) —  —  3  —  —  19  (19) 13.00% Secured Debt (7) —  —  600  —  10,402  —  10,402  Preferred Equity (7) —  —  —  —  3,500  —  3,500  GFG Group, LLC Secured Debt (5) —  (21) 185  8,185  —  8,185  —  Secured Debt (5) —  —  185  —  —  —  —  8.00% Secured Debt (5) —  3  637  —  14,053  —  14,053  Preferred Member Units (5) —  400  929  10,540  400  —  10,940  Gulf Manufacturing, LLC SF+ 8.13% Secured Debt (12) (8) —  (42) 35  —  10  42  (32) 12.01% SF+ 8.13% Secured Debt (8) —  (325) 4,678  39,000  109  2,325  36,784  Member Units (8) —  (8,130) 575  14,730  —  8,130  6,600  Common Stock (8) —  562  71  888  562  —  1,450  Preferred Equity (8) —  3,113  —  —  5,190  —  5,190  Hawk Ridge Systems, LLC 9.98% SF+ 6.00% Secured Debt (9) —  (1) 342  2,645  6,174  5,600  3,219  11.00% Secured Debt (9) —  (56) 5,618  45,256  56  56  45,256  Preferred Member Units (9) —  6,050  388  20,260  6,050  —  26,310  Preferred Member Units (9) —  310  —  1,070  310  —  1,380  Houston Plating and Coatings, LLC 10.00% Unsecured Convertible Debt (8) —  60  304  2,940  60  —  3,000  Member Units (8) —  (210) 229  3,930  —  210  3,720  HPEP 3, L.P. LP Interests (HPEP 3, L.P.) (8) —  391  5  4,472  392  748  4,116  LP Interests (HPEP 4, L.P.) (8) —  725  3  5,861  1,602  —  7,463  Independent Pet Partners Intermediate Holdings, LLC Common Equity (6) —  (1,390) 51  20,390  —  1,390  19,000  Infinity X1 Holdings, LLC Secured Debt (9) —  (96) 683  15,050  —  15,050  —  Preferred Equity (9) —  (1,070) 1,293  9,080  —  1,070  8,010  12.00% Secured Debt (9) —  10  1,346  —  16,372  1,073  15,299  Integral Energy Services 11.75% SF+ 7.50% Secured Debt (8) —  (98) 1,610  12,728  54  740  12,042  10.00% 10.00% Preferred Equity (8) —  (59) 27  452  27  59  420  Common Stock (8) —  (200) —  550  —  200  350  10.00% 10.00% Preferred Equity (8) —  76  —  —  404  —  404  Iron-Main Investments, LLC 13.00% Secured Debt (5) —  —  601  4,493  7  —  4,500  13.00% Secured Debt (5) —  —  392  2,927  4  —  2,931  13.00% Secured Debt (5) —  —  1,179  8,944  —  —  8,944  13.00% Secured Debt (5) —  —  2,350  17,542  27  —  17,569  13.00% Secured Debt (5) —  —  1,334  9,638  70  287  9,421  Common Stock (5) —  (150) —  2,850  —  150  2,700  25.00% 25.00% Preferred Equity (5) —  270  —  760  270  —  1,030  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) 25.00% 25.00% Preferred Equity (5) —  —  —  —  155  —  155  ITA Holdings Group, LLC 11.15% SF+ 7.00% Secured Debt (8) —  (5) 150  1,180  5  5  1,180  SF+ Secured Debt (8) —  (12) 77  994  —  994  —  11.15% SF+ 7.00% Secured Debt (8) —  15  263  —  5,310  —  5,310  11.15% SF+ 7.00% Secured Debt (8) —  (267) 826  4,438  763  266  4,935  11.15% SF+ 7.00% Secured Debt (8) —  (267) 871  4,438  763  266  4,935  11.15% SF+ 7.00% Secured Debt (8) —  5  116  —  1,770  —  1,770  Warrants (8) —  9,542  3,375  5,690  9,540  —  15,230  Johnson Downie Opco, LLC 15.00% Secured Debt (12) (8) —  (6) 95  —  1,806  6  1,800  Secured Debt (8) —  (89) 3,082  21,507  —  21,507  —  15.00% Secured Debt (8) —  4  303  —  25,107  —  25,107  Preferred Equity (8) —  9,790  3,571  14,550  9,790  —  24,340  KMS, LLC SF+ 9.75% Secured Debt (5) (415) —  —  663  —  663  —  SF+ 9.75% Secured Debt (5) (3,037) 1  —  4,779  —  4,779  —  SF+ 9.75% Secured Debt (5) —  —  —  450  —  450  —  SF+ 9.75% Secured Debt (5) —  —  —  440  —  440  —  SF+ 9.75% Secured Debt (5) —  —  —  —  —  —  —  12.50% Secured Debt (5) —  —  144  —  1,146  —  1,146  12.50% Secured Debt (5) —  —  124  —  1,202  195  1,007  Preferred Equity (5) —  1,380  —  —  6,270  —  6,270  SF+ 5.50% Secured Debt (5) —  —  —  —  —  40  (40) Mills Fleet Farm Group, LLC 9.81% SF+ 5.50% 9.81% Secured Debt (5) —  (107) 257  —  2,861  65  2,796  9.32% SF+ 5.50% 9.32% Secured Debt (5) —  (64) 59  —  1,710  46  1,664  Preferred Equity (5) —  (2,389) 1,106  13,840  1,106  2,389  12,557  MoneyThumb Acquisition, LLC 14.00% Secured Debt (9) —  —  1,465  8,967  169  1,440  7,696  12.00% 12.00% Preferred Member Units (9) —  188  217  1,707  405  —  2,112  Warrants (9) —  206  —  594  206  —  800  Nearshore AcquireCo, LLC Secured Debt (8) —  —  52  —  —  24  (24) Secured Debt (8) —  —  2  —  —  61  (61) 13.00% Secured Debt (8) —  —  841  —  21,688  —  21,688  Preferred Equity (8) —  —  —  —  5,260  —  5,260  Nebraska Vet AcquireCo, LLC SF+ 7.00% Secured Debt (5) —  (7) 10  —  7  7  —  Preferred Member Units (5) 55,647  (25,053) 5,695  32,040  55,647  87,687  —  Secured Debt (5) —  (115) 3,143  62,200  115  62,315  —  Secured Debt (5) —  (171) 193  4,650  2,771  7,421  —  OnAsset Intelligence, Inc. 12.00% 12.00% Secured Debt (8) —  41  —  99  42  —  141  12.00% 12.00% Secured Debt (8) —  42  —  101  43  —  144  12.00% 12.00% Secured Debt (8) —  91  —  218  91  —  309  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) 12.00% 12.00% Secured Debt (8) —  190  —  457  188  —  645  10.00% 10.00% Unsecured Debt (8) —  (305) —  305  —  305  —  7.00% 7.00% Preferred Stock (8) —  —  —  —  —  —  —  Common Stock (8) —  —  —  —  —  —  —  Warrants (8) —  —  —  —  —  —  —  Oneliance, LLC Preferred Stock (7) —  690  139  2,580  690  —  3,270  RA Outdoors LLC 10.89% SF+ 6.75% 10.89% Secured Debt (8) —  (156) 159  1,257  121  196  1,182  10.89% SF+ 6.75% 10.89% Secured Debt (8) —  (1,637) 1,654  13,155  1,256  2,056  12,355  SF+ 6.75% Secured Debt (8) —  —  —  —  —  —  —  SF+ 6.75% Secured Debt (8) —  —  —  —  —  —  —  Common Equity (8) —  —  —  —  —  —  —  Revenue Recovery Holdings, LLC Secured Debt (12) (7) —  —  5  —  —  18  (18) 13.00% Secured Debt (7) —  —  678  —  8,940  2,300  6,640  Preferred Equity (7) —  —  —  —  1,049  —  1,049  RFG AcquireCo, LLC Secured Debt (12) (7) —  —  6  —  —  7  (7) 12.50% Secured Debt (7) —  —  392  —  7,932  —  7,932  12.50% Secured Debt (7) —  —  3,246  —  33,700  —  33,700  Preferred Equity (7) —  1,370  —  —  12,771  —  12,771  SI East, LLC 11.80% Secured Debt (12) (7) —  (4) 293  2,250  4  4  2,250  12.85% Secured Debt (7) —  31  8,775  67,661  —  811  66,850  Preferred Member Units (7) —  3,530  470  13,660  3,530  —  17,190  Slick Innovations, LLC Secured Debt (6) —  (139) 510  16,320  —  16,320  —  14.00% Secured Debt (6) —  229  3,213  —  25,880  1,200  24,680  Common Stock (6) —  (280) 873  2,440  —  280  2,160  Specialized Aviation Holdings, LLC 13.00% Secured Debt (7) —  —  1,966  —  29,737  1,375  28,362  Preferred Stock (7) —  —  119  —  15,000  —  15,000  Student Resource Center, LLC 8.50% 8.50% Secured Debt (6) —  (205) —  1,644  —  206  1,438  Preferred Equity (6) —  —  —  —  —  —  —  8.50% 8.50% Secured Debt (6) —  558  17  204  576  —  780  Superior Rigging & Erecting Co. Preferred Member Units (7) —  6,970  —  10,530  6,970  —  17,500  The Affiliati Network, LLC Secured Debt (9) —  —  77  394  9,286  9,680  —  Secured Debt (9) —  129  533  5,053  148  5,201  —  Preferred Stock (9) —  —  270  6,400  —  —  6,400  Preferred Stock (9) —  —  (13) 287  26  —  313  UnionRock Energy Fund II, LP LP Interests (9) —  36  46  4,732  36  604  4,164  UnionRock Energy Fund III, LP LP Interests (9) —  (272) 120  5,612  447  894  5,165  UniTek Global Services, Inc. Secured Convertible Debt (6) 3,762  (2,384) 41  5,642  505  6,147  —  Secured Convertible Debt (6) 1,743  (1,155) 21  2,663  235  2,898  —  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2024 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2025 Fair Value (13) Preferred Stock (6) —  —  104  3,181  1,633  4,814  —  20.00% 20.00% Preferred Stock (6) —  (788) —  4,272  5,116  —  9,388  19.00% 19.00% Preferred Stock (6) —  —  —  —  —  —  —  13.50% 13.50% Preferred Stock (6) —  —  —  —  —  —  —  Common Stock (6) —  —  —  —  —  —  —  Urgent DSO LLC 13.50% Secured Debt (5) —  (71) 1,222  8,727  18  73  8,672  Preferred Equity (5) —  (258) 294  4,320  294  258  4,356  Wildcats Topco LLC Common Equity (5) —  333  17  —  22,760  —  22,760  World Micro Holdings, LLC 12.00% Secured Debt (7) —  —  1,162  10,702  25  879  9,848  Preferred Equity (7) —  —  308  3,845  —  —  3,845  Other Amounts related to investments transferred to or from other 1940 Act classification during the period 3,453  3,450  1,459  29,588  —  —  —  Total Affiliate investments $ 58,127  $ 9,153  $ 96,077  $ 846,798  $ 482,537  $ 334,568  $ 965,179  ___________________________ (1)The principal amount, the ownership detail for equity investments and if the investment is income producing is included in the Consolidated Schedule of Investments included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K. (2)Represents the total amount of interest, dividends and fees credited to income for the portion of the period for which an investment was included in Control or Affiliate categories, respectively. For investments transferred between Control and Affiliate categories during the period, any income or investment balances related to the time period it was in the category other than the one shown at period end is included in “Amounts related to investments transferred from other 1940 Act classifications during the period.” (3)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments and accrued PIK interest, and the exchange of one or more existing securities for one or more new securities. Gross additions also include net increases in unrealized appreciation or net decreases in net unrealized depreciation as well as the 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 net increases in net unrealized depreciation or net decreases in unrealized appreciation as well as the movement of an existing portfolio company out of this category and into a different category. (5)Portfolio company located in the Midwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2025 for Control investments located in this region was $577,141. This represented 19.3% of net assets as of December 31, 2025. The fair value as of December 31, 2025 for Affiliate investments located in this region was $181,524. This represented 6.1% of net assets as of December 31, 2025. (6)Portfolio company located in the Northeast region and Canada as determined by location of the corporate headquarters. The fair value as of December 31, 2025 for Control investments located in this region was $159,964. This represented 5.3% of net assets as of December 31, 2025. The fair value as of December 31, 2025 for Affiliate investments located in this region was $160,902. This represented 5.4% of net assets as of December 31, 2025. (7)Portfolio company located in the Southeast region as determined by location of the corporate headquarters. The fair value as of December 31, 2025 for Control investments located in this region was $201,583. This represented 6.7% of net assets as of December 31, 2025. The fair value as of December 31, 2025 for Affiliate investments located in this region was $277,013. This represented 9.3% of net assets as of December 31, 2025. (8)Portfolio company located in the Southwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2025 for Control investments located in this region was $1,086,531. This represented 36.3% of net assets as of December 31, 2025. The fair value as of December 31, 2025 for Affiliate investments located in this region was $219,616. This represented 7.3% of net assets as of December 31, 2025. (9)Portfolio company located in the West region as determined by location of the corporate headquarters. The fair value as of December 31, 2025 for Control investments located in this region was $544,407. This represented 18.2% of net assets as of December 31, 2025. The fair value as of December 31, 2025 for Affiliate investments located in this region was $126,124. This represented 4.2% of net assets as of December 31, 2025. (10)All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities,” unless otherwise noted. (11)This schedule should be read in conjunction with the Consolidated Schedule of Investments and Notes to the Consolidated Financial Statements included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K. Supplemental information can be located within the Consolidated Schedule of Investments including end of period interest rate, preferred dividend rate, maturity date, investments not paid currently in cash and investments whose value was determined using significant unobservable inputs. (12)Investment has an unfunded commitment as of December 31, 2025 (see Note K — Commitments and Contingencies). The fair value of the investment includes the impact of the fair value of any unfunded commitments. (13)Negative fair value is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) Majority-Owned Investments Analytical Systems Keco Holdings, LLC Secured Debt (12) (8) $ —  $ —  $ 5  $ 219  $ —  $ 219  $ —  13.75% Secured Debt (8) —  —  698  4,084  314  350  4,048  Preferred Member Units (8) —  —  —  —  —  —  —  Preferred Member Units (8) —  440  —  4,860  440  —  5,300  Warrants (8) —  —  —  —  —  —  —  BDB Holdings, LLC Preferred Equity (7) —  (617) —  —  19,537  617  18,920  Brewer Crane Holdings, LLC 14.66% SF+ 10.00% Secured Debt (9) —  —  820  5,498  14  496  5,016  Preferred Member Units (9) —  (940) 120  5,620  —  940  4,680  Café Brazil, LLC Member Units (8) —  (780) 35  1,980  —  780  1,200  California Splendor Holdings LLC 14.00% 4.00% Secured Debt (9) —  (79) 4,109  27,655  889  79  28,465  14.00% 4.00% Secured Debt (12) (9) —  —  106  —  1,506  —  1,506  Preferred Member Units (9) —  893  250  15,695  6,520  —  22,215  15.00% 15.00% Preferred Member Units (9) —  —  1,308  4,601  6,308  —  10,909  Clad-Rex Steel, LLC Secured Debt (12) (5) —  —  2  —  —  —  —  9.00% Secured Debt (5) —  174  879  8,422  138  1,800  6,760  10.00% Secured Debt (5) —  8  100  1,004  9  40  973  Member Units (5) —  5,790  693  5,200  5,790  —  10,990  Member Units (5) —  (179) —  1,129  —  179  950  Cody Pools, Inc. Secured Debt (12) (8) —  1  45  —  1,264  1,264  —  12.50% Secured Debt (8) —  (12) 5,143  42,073  12  2,858  39,227  Preferred Member Units (8) —  (4,660) 1,628  72,470  —  4,660  67,810  CompareNetworks Topco, LLC SF+ 9.00% Secured Debt (9) —  —  —  —  —  —  —  13.66% SF+ 9.00% Secured Debt (9) —  —  483  3,454  —  551  2,903  Preferred Member Units (9) —  (4,735) —  14,450  1,545  4,735  11,260  Cybermedia Technologies, LLC Secured Debt (12) (6) —  —  10  —  —  —  —  13.00% Secured Debt (6) —  —  3,725  28,389  65  1,338  27,116  Preferred Member Units (6) —  —  1,403  15,000  —  —  15,000  Datacom, LLC 7.50% Secured Debt (8) —  —  28  447  587  541  493  10.00% Secured Debt (8) —  485  979  7,587  630  270  7,947  Preferred Member Units (8) —  170  —  70  170  —  240  Direct Marketing Solutions, Inc. Secured Debt (9) —  (29) 81  1,233  1,729  2,962  —  14.00% Secured Debt (9) —  (44) 3,553  25,543  44  1,685  23,902  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) Preferred Stock (9) —  (2,810) —  20,740  —  2,810  17,930  Gamber-Johnson Holdings, LLC SF+ 7.00% Secured Debt (12) (5) —  —  6  —  —  —  —  11.00% SF+ 7.00% Secured Debt (12) (5) —  140  1,046  —  73,126  —  73,126  SF+ 7.00% Secured Debt (5) —  (266) 5,112  54,078  —  54,078  —  Member Units (5) —  18,040  7,688  96,710  18,040  —  114,750  Garreco, LLC SF+ 8.00% Secured Debt (8) —  —  92  3,088  —  3,088  —  Member Units (8) —  480  87  1,580  480  —  2,060  GRT Rubber Technologies LLC 10.66% SF+ 6.00% Secured Debt (12) (8) —  1  343  2,400  746  —  3,146  12.66% SF+ 8.00% Secured Debt (8) —  (47) 5,521  40,493  47  47  40,493  Member Units (8) —  1,450  230  44,440  1,450  —  45,890  Gulf Publishing Holdings, LLC SF+ 9.50% Secured Debt (12) (8) —  —  —  —  —  —  —  12.50% 12.50% Secured Debt (8) —  (666) 79  2,284  —  766  1,518  Preferred Equity (8) —  (2,460) —  2,460  —  2,460  —  Member Units (8) —  —  —  —  —  —  —  IG Investor, LLC 13.00% Secured Debt (12) (6) —  —  119  (35) 1,607  —  1,572  13.00% Secured Debt (6) —  —  4,862  36,934  83  1,760  35,257  Common Equity (6) —  1,830  —  14,400  1,830  —  16,230  Jensen Jewelers of Idaho, LLC P+ 6.75% Secured Debt (12) (9) —  —  3  —  —  —  —  14.50% P+ 6.75% Secured Debt (9) —  —  281  1,998  —  500  1,498  Member Units (9) —  (600) 1,156  12,420  —  600  11,820  MH Corbin Holding LLC Secured Debt (5) (3,840) 379  557  5,022  379  5,401  —  Preferred Member Units (5) (4,368) 4,070  —  330  4,070  4,400  —  Preferred Member Units (5) (6,000) 6,000  —  —  6,000  6,000  —  MSC Adviser I, LLC Member Units (8) —  71,937  11,260  174,063  71,937  —  246,000  Mystic Logistics Holdings, LLC Secured Debt (12) (6) —  —  4  —  —  —  —  10.00% Secured Debt (6) —  15  589  5,746  —  —  5,746  Common Stock (6) —  (20) 3,800  26,390  —  20  26,370  NRP Jones, LLC 12.00% Secured Debt (5) —  —  259  2,080  98  —  2,178  Member Units (5) —  1,009  —  1,466  1,230  —  2,696  Member Units (5) —  41  —  53  41  —  94  OMi Topco, LLC 12.00% Secured Debt (8) —  (38) 1,429  12,750  38  3,788  9,000  Preferred Member Units (8) —  36,340  8,775  36,380  36,340  —  72,720  PPL RVs, Inc. SF+ 8.75% Secured Debt (8) —  (2) 2  —  2  2  —  13.73% SF+ 8.75% Secured Debt (8) —  (70) 2,758  19,877  71  3,492  16,456  Common Stock (8) —  130  —  16,980  130  —  17,110  Common Stock (8) —  146  24  368  146  —  514  Principle Environmental, LLC 13.00% Secured Debt (8) —  —  811  5,829  32  1,000  4,861  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) Preferred Member Units (8) —  1,850  1,396  10,750  1,850  —  12,600  Common Stock (8) —  90  —  510  90  —  600  Quality Lease Service, LLC Member Units (7) —  —  —  460  —  —  460  Robbins Bros. Jewelry, Inc. 10.00% Secured Debt (9) —  —  8  (26) —  13  (39) 12.50% 10.00% Secured Debt (9) —  (14,949) 1,083  30,798  —  16,236  14,562  Preferred Equity (9) —  —  6  —  —  —  —  Trantech Radiator Topco, LLC Secured Debt (12) (7) —  (1) 5  —  1  2  (1) 13.50% Secured Debt (7) —  (8) 1,089  7,920  —  65  7,855  Common Stock (7) —  (4,170) 116  12,740  —  4,170  8,570  Victory Energy Operations, LLC Secured Debt (8) —  —  6  —  —  33  (33) 13.00% Secured Debt (8) —  —  2,557  —  47,792  —  47,792  Preferred Equity (8) —  —  —  —  26,133  3,447  22,686  Volusion, LLC 10.00% Secured Debt (8) —  —  213  2,100  —  —  2,100  Preferred Member Units (8) —  —  30  —  —  —  —  Preferred Member Units (8) —  4,421  —  7,250  4,422  4,669  7,003  Preferred Member Units (8) —  —  —  —  —  —  —  Common Stock (8) —  —  —  —  —  —  —  Ziegler’s NYPD, LLC Secured Debt (8) —  —  55  450  —  450  —  12.00% Secured Debt (8) —  —  —  —  1,750  —  1,750  Secured Debt (8) —  55  66  945  —  945  —  Secured Debt (8) (2,301) 670  389  2,080  188  2,268  —  Preferred Member Units (8) —  —  —  —  320  —  320  Warrants (8) —  —  —  —  —  —  —  Other Controlled Investments 2717 MH, L.P. LP Interests (2717 MH, L.P.) (8) $ 147  $ 2,768  $ 311  $ 6,050  $ 2,915  $ 147  $ 8,818  LP Interests (2717 HPP-MS, L.P.) (8) —  60  —  315  68  —  383  LP Interests (2717 GRE-LP, L.P.) (8) —  —  —  —  441  —  441  HPEP 423 COR, LP LP Interests (423 COR, L.P.) (8) —  818  102  1,869  2,318  —  4,187  ASC Interests, LLC 13.00% Secured Debt (8) —  —  54  400  —  —  400  13.00% Secured Debt (8) —  —  219  1,597  1  —  1,598  Preferred Member Units (8) —  (266) —  266  —  266  —  Member Units (8) —  (100) —  100  —  100  —  ATS Workholding, LLC 5.00% Secured Debt (12) (9) —  (507) —  328  293  508  113  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) 5.00% Secured Debt (9) —  (329) —  473  —  330  143  Preferred Member Units (9) —  —  —  —  —  —  —  Barfly Ventures, LLC 7.00% Secured Debt (12) (5) —  —  51  711  —  —  711  Member Units (5) —  1,720  1  4,140  1,720  —  5,860  Batjer TopCo, LLC 10.00% Secured Debt (12) (8) —  (6) 42  —  452  6  446  10.00% Secured Debt (12) (8) —  —  27  270  —  —  270  10.00% Secured Debt (8) —  (67) 1,096  10,575  21  67  10,529  Preferred Stock (8) —  (990) 766  6,150  —  990  5,160  Bolder Panther Group, LLC 12.55% SF+ 7.99% Secured Debt (9) —  (99) 13,647  96,556  7,635  2,548  101,643  8.00% Class B Preferred Member Units (9) —  (500) 3,816  31,020  —  500  30,520  Secured Debt (9) —  —  131  —  —  —  —  Bridge Capital Solutions Corporation Secured Debt (6) —  —  767  8,813  —  8,813  —  Secured Debt (6) —  —  87  1,000  —  1,000  —  Preferred Member Units (6) —  (1,000) 75  1,000  —  1,000  —  Warrants (6) —  (1,808) —  1,808  —  1,808  —  Warrants (6) —  (2,482) —  2,482  —  2,482  —  CBT Nuggets, LLC Member Units (9) —  (590) 2,471  50,130  —  590  49,540  Centre Technologies Holdings, LLC SF+ 9.00% Secured Debt (12) (8) —  —  12  —  —  —  —  13.66% SF+ 9.00% Secured Debt (8) —  42  385  —  26,255  721  25,534  SF+ 10.00% Secured Debt (8) —  —  2,900  —  3,675  3,675  —  Secured Debt (8) —  (62) 281  17,574  —  17,574  —  Preferred Member Units (8) —  1,106  120  11,040  1,370  —  12,410  Chamberlin Holding LLC SF+ 6.00% Secured Debt (12) (8) —  (90) 98  —  90  90  —  12.74% SF+ 8.00% Secured Debt (8) —  (2) 2,117  15,620  2  2  15,620  Member Units (8) —  3,790  4,715  29,320  3,790  —  33,110  Member Units (8) —  690  92  2,860  690  —  3,550  Charps, LLC 10.00% Unsecured Debt (5) —  (487) 1,058  5,694  487  487  5,694  Preferred Member Units (5) —  (110) 802  15,690  —  110  15,580  Colonial Electric Company LLC Secured Debt (12) (6) —  —  8  —  —  —  —  12.00% Secured Debt (6) —  356  2,293  21,627  423  7,740  14,310  Preferred Member Units (6) —  (1,440) 1,440  2,400  —  2,400  —  Preferred Member Units (6) —  5,890  2,882  7,680  5,890  —  13,570  Compass Systems & Sales, LLC Secured Debt (5) —  —  118  —  2,379  2,400  (21) 13.50% Secured Debt (5) —  —  2,395  17,034  33  —  17,067  Preferred Equity (5) —  (4) 240  7,454  —  4  7,450  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) Copper Trail Fund Investments LP Interests (CTMH, LP) (9) —  —  —  568  —  68  500  Digital Products Holdings LLC 14.56% SF+ 10.00% Secured Debt (5) —  (71) 2,128  14,690  59  2,327  12,422  Preferred Member Units (5) —  —  200  9,835  —  —  9,835  Elgin AcquireCo, LLC SF+ 6.00% Secured Debt (12) (5) —  —  9  (7) 2  —  (5) 12.00% Secured Debt (5) —  —  2,265  18,632  41  704  17,969  9.00% Secured Debt (5) —  —  568  6,252  3  48  6,207  Common Stock (5) —  (360) —  6,090  —  360  5,730  Common Stock (5) —  1,380  —  1,670  1,380  —  3,050  Harrison Hydra-Gen, Ltd. Common Stock (8) —  2,350  308  4,660  2,350  —  7,010  JorVet Holdings, LLC 12.00% Secured Debt (9) —  —  3,122  25,483  62  2,329  23,216  Preferred Equity (9) —  2,187  1,351  10,741  2,439  —  13,180  KBK Industries, LLC 9.00% Secured Debt (5) —  (15) 407  4,700  15  1,015  3,700  Member Units (5) —  2,410  2,756  22,770  2,410  —  25,180  Kickhaefer Manufacturing Company, LLC 11.50% Secured Debt (5) —  —  2,150  19,774  13  4,800  14,987  9.00% Secured Debt (5) —  —  354  3,805  165  44  3,926  Preferred Equity (5) —  2,550  —  9,690  2,550  —  12,240  Member Units (5) —  (20) 124  2,730  —  20  2,710  Metalforming Holdings, LLC Secured Debt (12) (7) —  —  15  —  —  11  (11) 9.75% Secured Debt (7) —  —  2,594  23,623  63  2,842  20,844  8.00% 8.00% Preferred Equity (7) —  481  —  6,035  481  119  6,397  Common Stock (7) —  5,350  561  1,500  5,350  —  6,850  MS Private Loan Fund I, LP 5.00% Secured Debt (12) (8) —  —  53  —  18,100  16,500  1,600  LP Interests (12) (8) —  (493) 1,959  14,527  —  493  14,034  MS Private Loan Fund II, LP SF+ 3.50% Secured Debt (12) (8) —  —  2,964  23,367  42,074  65,500  (59) LP Interests (12) (8) —  394  363  1,561  6,282  —  7,843  MSC Income Fund, Inc. Common Equity (8) —  (215) 1,649  10,025  7,000  215  16,810  NAPCO Precast, LLC Member Units (8) —  (2,680) 126  11,730  —  2,680  9,050  Nello Industries Investco, LLC SF+ 6.50% Secured Debt (5) —  —  1,023  —  21,584  21,600  (16) 13.50% Secured Debt (5) —  —  2,636  —  26,959  —  26,959  Common Equity (5) —  3,440  937  —  15,560  —  15,560  NexRev LLC Secured Debt (12) (8) —  —  118  —  3,378  3,378  —  9.00% Secured Debt (8) —  9  1,032  9,751  60  —  9,811  Preferred Member Units (8) —  5,560  972  6,350  5,560  —  11,910  NuStep, LLC 11.16% SF+ 6.50% Secured Debt (5) —  —  437  3,600  —  —  3,600  12.00% Secured Debt (5) —  —  2,262  18,426  13  —  18,439  Preferred Member Units (5) —  644  —  9,240  2,310  —  11,550  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) Preferred Member Units (5) —  127  —  5,150  850  —  6,000  Orttech Holdings, LLC SF+ 11.00% Secured Debt (12) (5) —  —  —  —  —  —  —  15.66% SF+ 11.00% Secured Debt (5) —  (45) 3,684  22,040  45  125  21,960  Preferred Stock (5) —  (3,600) 448  17,050  —  3,600  13,450  Pearl Meyer Topco LLC Secured Debt (6) —  (3) 351  3,500  1,503  5,003  —  Secured Debt (6) —  (44) 4,290  20,000  23,263  43,263  —  Secured Debt (6) —  (80) 3,374  27,681  80  27,761  —  Preferred Equity (6) 53,693  (31,090) 8,988  44,090  53,693  97,783  —  Pinnacle TopCo, LLC Secured Debt (12) (8) —  13  17  444  16  460  —  13.00% Secured Debt (8) —  225  4,020  30,339  301  2,000  28,640  Preferred Equity (8) —  5,820  2,118  12,540  5,820  —  18,360  River Aggregates, LLC Member Units (8) (409) 5,820  —  3,710  5,820  —  9,530  Tedder Industries, LLC 12.00% 12.00% Secured Debt (9) —  (60) 56  1,726  —  80  1,646  12.00% 12.00% Secured Debt (9) —  (10,503) 461  14,262  —  10,659  3,603  Preferred Member Units (9) —  —  —  —  —  —  —  Preferred Member Units (9) —  —  —  —  —  —  —  Preferred Member Units (9) —  —  —  —  —  —  —  Televerde, LLC Member Units (8) —  (482) —  4,734  —  482  4,252  Preferred Stock (8) —  —  —  1,794  —  —  1,794  Vision Interests, Inc. Series A Preferred Stock (9) —  —  —  3,000  —  3,000  —  VVS Holdco LLC SF+ 6.00% Secured Debt (12) (5) —  —  16  —  —  —  —  11.50% Secured Debt (5) —  —  3,241  28,035  66  2,440  25,661  Preferred Equity (5) —  —  401  12,240  —  —  12,240  Other Amounts related to investments transferred to or from other 1940 Act classification during the period —  3,694  2,723  58,515  —  —  —  Total Control investments $ 36,922  $ 117,867  $ 205,367  $ 2,006,698  $ 666,648  $ 526,941  $ 2,087,890  Affiliate Investments 423 HAR, LP LP Interests (423 HAR, L.P.) (8) $ —  $ 229  $ —  $ 996  $ 230  $ —  $ 1,226  AAC Holdings, Inc. 18.00% 18.00% Secured Debt (12) (7) —  (1) 93  418  192  1  609  18.00% 18.00% Secured Debt (7) —  (3) 2,958  13,895  3,473  3  17,365  Common Stock (7) —  —  —  —  —  —  —  Warrants (7) —  —  —  —  —  —  —  Boccella Precast Products LLC 10.00% Secured Debt (6) —  (55) 33  320  —  54  266  Member Units (6) —  (1,680) 41  1,990  —  1,680  310  Buca C, LLC 15.00% 15.00% Secured Debt (7) —  (1,025) 563  12,144  —  12,144  —  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) 6.00% 6.00% Preferred Member Units (7) —  —  —  —  —  —  —  15.00% 15.00% Secured Debt (7) —  —  —  —  —  —  —  15.00% 15.00% Secured Debt (7) —  (5,652) —  —  5,652  5,652  —  Career Team Holdings, LLC 10.56% SF+ 6.00% Secured Debt (12) (6) —  —  125  881  3,156  3,150  887  12.50% Secured Debt (6) —  —  2,658  19,906  43  585  19,364  Common Stock (6) —  240  —  4,500  240  —  4,740  Classic H&G Holdings, LLC SF+ 6.00% Secured Debt (6) —  —  181  4,560  —  4,560  —  Secured Debt (6) —  (50) 654  19,274  50  19,324  —  Preferred Member Units (6) 10,388  (7,390) 1,470  16,000  10,388  23,538  2,850  Congruent Credit Opportunities Funds LP Interests (Congruent Credit Opportunities Fund III, LP) (12) (8) —  (111) 239  4,352  —  2,076  2,276  Connect Telecommunications Solutions Holdings, Inc. 13.00% Secured Debt (6) —  —  1,472  —  28,576  1,261  27,315  Preferred Equity (6) —  —  —  —  12,596  —  12,596  DMA Industries, LLC 12.00% Secured Debt (7) —  (115) 2,178  18,800  37  2,115  16,722  Preferred Equity (7) —  (1,716) —  7,660  —  1,716  5,944  12.00% Secured Debt (7) —  —  43  —  555  —  555  15.00% 15.00% Preferred Equity (7) —  —  172  —  3,240  —  3,240  Dos Rios Partners LP Interests (Dos Rios Partners, LP) (8) —  (593) —  8,443  —  735  7,708  LP Interests (Dos Rios Partners - A, LP) (8) —  (139) —  2,631  —  184  2,447  Dos Rios Stone Products LLC Class A Preferred Units (8) —  (1,580) —  1,580  —  1,580  —  EIG Fund Investments LP Interests (EIG Global Private Debt Fund-A, L.P.) (8) 36  —  52  760  36  427  369  FCC Intermediate Holdco, LLC 13.00% Secured Debt (5) —  —  3,795  —  29,109  —  29,109  Warrants (5) —  6,920  —  —  10,840  —  10,840  Flame King Holdings, LLC Preferred Equity (9) —  8,020  4,918  27,900  8,020  —  35,920  Freeport Financial SBIC Fund LP LP Interests (Freeport Financial SBIC Fund LP) (5) —  (543) —  3,012  —  822  2,190  LP Interests (Freeport First Lien Loan Fund III LP) (5) —  59  41  3,704  59  2,500  1,263  GFG Group, LLC 8.00% Secured Debt (5) —  (22) 748  9,345  22  1,182  8,185  Preferred Member Units (5) —  (920) 1,812  11,460  —  920  10,540  Gulf Manufacturing, LLC SF+ 7.63% Secured Debt (12) (8) —  42  129  —  —  —  —  12.19% SF+ 7.63% Secured Debt (8) —  325  5,472  —  40,000  1,000  39,000  Member Units (8) —  5,660  1,481  9,070  5,660  —  14,730  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) Common Stock (8) —  —  —  —  888  —  888  Hawk Ridge Systems, LLC 10.73% SF+ 6.00% Secured Debt (9) —  (1) 316  1,974  7,432  6,761  2,645  12.50% Secured Debt (9) —  (55) 5,807  45,256  55  55  45,256  Preferred Member Units (9) —  2,800  290  17,460  2,800  —  20,260  Preferred Member Units (9) —  150  —  920  150  —  1,070  Houston Plating and Coatings, LLC 10.00% Unsecured Convertible Debt (8) —  60  289  2,880  60  —  2,940  Member Units (8) —  590  148  3,340  590  —  3,930  HPEP 3, L.P. LP Interests (HPEP 3, L.P.) (12) (8) —  247  1  4,225  247  —  4,472  LP Interests (HPEP 4, L.P.) (12) (8) —  329  —  3,773  2,088  —  5,861  I-45 SLF LLC Member Units (Fully diluted 20.0%; 21.75% profits interest) (8) (7,107) 6,710  429  13,490  —  13,490  —  Independent Pet Partners Intermediate Holdings, LLC Common Equity (6) —  2,700  —  17,690  2,700  —  20,390  Infinity X1 Holdings, LLC 12.00% Secured Debt (9) —  96  2,096  17,403  147  2,500  15,050  Preferred Equity (9) —  4,712  899  4,000  5,080  —  9,080  Integral Energy Services 12.35% SF+ 7.50% Secured Debt (8) —  332  1,831  13,891  408  1,571  12,728  10.00% 10.00% Preferred Equity (8) —  125  27  300  152  —  452  Common Stock (8) —  390  43  160  390  —  550  Iron-Main Investments, LLC 13.00% Secured Debt (5) —  —  616  4,487  6  —  4,493  13.00% Secured Debt (5) —  —  402  2,922  5  —  2,927  13.00% Secured Debt (5) —  —  1,209  8,944  —  —  8,944  13.00% Secured Debt (5) —  —  2,555  19,503  39  2,000  17,542  13.00% Secured Debt (5) —  —  1,464  10,273  86  721  9,638  Common Stock (5) —  170  —  2,680  170  —  2,850  25.00% 25.00% Preferred Equity (5) —  49  —  —  760  —  760  ITA Holdings Group, LLC 13.78% SF+ 9.00% Secured Debt (8) —  11  169  816  600  236  1,180  13.78% SF+ 9.00% Secured Debt (8) —  12  121  697  297  —  994  12.78% SF+ 8.00% Secured Debt (8) —  666  938  3,430  1,008  —  4,438  14.78% SF+ 10.00% Secured Debt (8) —  666  1,027  3,430  1,008  —  4,438  Warrants (8) —  3,599  —  2,091  3,599  —  5,690  Johnson Downie Opco, LLC Secured Debt (12) (8) —  (6) 24  —  6  6  —  15.00% Secured Debt (8) —  (52) 3,501  24,207  52  2,752  21,507  Preferred Equity (8) —  4,930  934  9,620  4,930  —  14,550  Mills Fleet Farm Group, LLC SF+ 5.50% Secured Debt (12) (5) —  —  6  —  —  —  —  SF+ 7.00% Secured Debt (5) (6,169) 359  2,160  17,524  —  17,524  —  Common Equity (5) —  —  —  —  13,840  —  13,840  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) MoneyThumb Acquisition, LLC 14.00% Secured Debt (9) —  —  753  —  8,967  —  8,967  12.00% 12.00% Preferred Member Units (9) —  —  74  —  1,707  —  1,707  Warrants (9) —  —  —  —  594  —  594  Nebraska Vet AcquireCo, LLC SF+ 7.00% Secured Debt (12) (8) —  7  100  —  1,250  1,250  —  Secured Debt (8) —  (121) 1,205  25,794  —  25,794  —  Secured Debt (8) —  (44) 454  10,500  —  10,500  —  Preferred Member Units (5) —  17,020  1,158  15,020  17,020  —  32,040  12.50% Secured Debt (5) —  115  5,459  —  62,200  —  62,200  12.50% Secured Debt (5) —  171  257  —  4,650  —  4,650  OnAsset Intelligence, Inc. 12.00% 12.00% Secured Debt (8) —  (226) —  326  —  227  99  12.00% 12.00% Secured Debt (8) —  (231) —  332  —  231  101  12.00% 12.00% Secured Debt (8) —  (497) —  716  —  498  218  12.00% 12.00% Secured Debt (8) —  (1,037) —  1,493  —  1,036  457  10.00% 10.00% Unsecured Debt (8) —  —  —  305  —  —  305  7.00% 7.00% Preferred Stock (8) —  —  —  —  —  —  —  Common Stock (8) —  —  —  —  —  —  —  Warrants (8) —  —  —  —  —  —  —  Oneliance, LLC SF+ 10.00% Secured Debt (7) —  —  —  —  —  —  —  SF+ 10.00% Secured Debt (7) —  61  539  5,350  90  5,440  —  Preferred Stock (7) —  1,452  12  1,128  1,452  —  2,580  Quality Lease Service, LLC Preferred Member Units (8) (2,504) 2,500  —  —  2,500  2,500  —  RA Outdoors LLC 11.74% SF+ 6.75% 11.74% Secured Debt (8) —  (45) 66  771  537  51  1,257  11.74% SF+ 6.75% 11.74% Secured Debt (8) —  (476) 709  12,513  880  238  13,155  Common Equity (8) —  —  —  —  —  —  —  SI East, LLC 11.75% Secured Debt (12) (7) —  (4) 269  1,125  2,254  1,129  2,250  Secured Debt (7) —  (241) 2,600  54,536  —  54,536  —  12.79% Secured Debt (7) —  50  5,856  —  67,661  —  67,661  Preferred Member Units (7) —  (5,510) 1,623  19,170  —  5,510  13,660  Slick Innovations, LLC 14.00% Secured Debt (6) —  45  2,498  11,440  7,600  2,720  16,320  Common Stock (6) —  586  234  2,310  586  456  2,440  Student Resource Center, LLC 8.50% 8.50% Secured Debt (6) —  (1,546) —  3,190  —  1,546  1,644  Preferred Equity (6) —  —  —  —  —  —  —  8.50% 8.50% Secured Debt (6) —  —  4  —  204  —  204  Superior Rigging & Erecting Co. Secured Debt (7) —  —  1,193  20,427  73  20,500  —  Preferred Member Units (7) —  4,590  —  5,940  4,590  —  10,530  The Affiliati Network, LLC 10.00% Secured Debt (12) (9) —  —  18  150  1,444  1,200  394  Company Total Rate Base Rate Spread PIK Rate Type of Investment (1) (10) (11) Geography Amount of Realized Gain/(Loss) Amount of Unrealized Gain/(Loss) Amount of Interest, Fees or Dividends Credited to Income (2) December 31, 2023 Fair Value (13) Gross Additions (3) Gross Reductions (4) December 31, 2024 Fair Value (13) 10.00% Secured Debt (9) —  —  751  7,347  26  2,320  5,053  Preferred Stock (9) —  —  493  6,400  —  —  6,400  Preferred Stock (9) —  —  26  172  115  —  287  UnionRock Energy Fund II, LP LP Interests (12) (9) —  (459) 46  5,694  —  962  4,732  UnionRock Energy Fund III, LP LP Interests (12) (9) —  500  —  2,838  3,000  226  5,612  UniTek Global Services, Inc. 15.00% 15.00% Secured Convertible Debt (6) —  209  290  3,889  1,753  —  5,642  15.00% 15.00% Secured Convertible Debt (6) —  88  142  1,908  755  —  2,663  20.00% 20.00% Preferred Stock (6) —  (224) 572  2,833  572  224  3,181  20.00% 20.00% Preferred Stock (6) —  250  —  3,698  574  —  4,272  19.00% 19.00% Preferred Stock (6) —  —  —  —  —  —  —  13.50% 13.50% Preferred Stock (6) —  —  —  —  —  —  —  Common Stock (6) —  —  —  —  —  —  —  Universal Wellhead Services Holdings, LLC Preferred Member Units (8) (1,032) 882  —  150  882  1,032  —  Member Units (8) (4,000) 4,000  —  —  4,000  4,000  —  Urgent DSO LLC 13.50% Secured Debt (5) —  —  1,247  —  8,727  —  8,727  9.00% 9.00% Preferred Equity (5) —  —  320  —  4,320  —  4,320  World Micro Holdings, LLC 13.00% Secured Debt (7) —  —  1,570  12,028  32  1,358  10,702  Preferred Equity (7) —  —  88  3,845  —  —  3,845  Other Amounts related to investments transferred to or from other 1940 Act classification during the period 6,169  (4,053) (4,889) (89,323) —  —  —  Total Affiliate investments $ (4,219) $ 47,299  $ 84,367  $ 615,002  $ 422,782  $ 280,309  $ 846,798  ____________________ (1)The principal amount, the ownership detail for equity investments and if the investment is income producing is included in the Consolidated Schedule of Investments included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K. (2)Represents the total amount of interest, dividends and fees credited to income for the portion of the period for which an investment was included in Control or Affiliate categories, respectively. For investments transferred between Control and Affiliate categories during the period, any income or investment balances related to the time period it was in the category other than the one shown at period end is included in “Amounts related to investments transferred from other 1940 Act classifications during the period.” (3)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments and accrued PIK interest, and the exchange of one or more existing securities for one or more new securities. Gross additions also include net increases in unrealized appreciation or net decreases in net unrealized depreciation as well as the 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 net increases in net unrealized depreciation or net decreases in unrealized appreciation as well as the movement of an existing portfolio company out of this category and into a different category. (5)Portfolio company located in the Midwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2024 for Control investments located in this region was $538,212. This represented 19.2% of net assets as of December 31, 2024. The fair value as of December 31, 2024 for Affiliate investments located in this region was $235,058. This represented 8.4% of net assets as of December 31, 2024. (6)Portfolio company located in the Northeast region and Canada as determined by location of the corporate headquarters. The fair value as of December 31, 2024 for Control investments located in this region was $155,171. This represented 5.5% of net assets as of December 31, 2024. The fair value as of December 31, 2024 for Affiliate investments located in this region was $125,084. This represented 4.5% of net assets as of December 31, 2024. (7)Portfolio company located in the Southeast region as determined by location of the corporate headquarters. The fair value as of December 31, 2024 for Control investments located in this region was $69,884. This represented 2.5% of net assets as of December 31, 2024. The fair value as of December 31, 2024 for Affiliate investments located in this region was $155,663. This represented 5.6% of net assets as of December 31, 2024. (8)Portfolio company located in the Southwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2024 for Control investments located in this region was $943,892. This represented 33.7% of net assets as of December 31, 2024. The fair value as of December 31, 2024 for Affiliate investments located in this region was $167,966. This represented 6.0% of net assets as of December 31, 2024. (9)Portfolio company located in the West region as determined by location of the corporate headquarters. The fair value as of December 31, 2024 for Control investments located in this region was $380,731. This represented 13.6% of net assets as of December 31, 2024. The fair value as of December 31, 2024 for Affiliate investments located in this region was $163,027. This represented 5.8% of net assets as of December 31, 2024. (10)All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities,” unless otherwise noted. (11)This schedule should be read in conjunction with the Consolidated Schedule of Investments and Notes to the Consolidated Financial Statements included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K. Supplemental information can be located within the Consolidated Schedule of Investments including end of period interest rate, preferred dividend rate, maturity date, investments not paid currently in cash and investments whose value was determined using significant unobservable inputs. (12)Investment has an unfunded commitment as of December 31, 2024 (see Note K — Commitments and Contingencies). The fair value of the investment includes the impact of the fair value of any unfunded commitments. (13)Negative fair value is the result of the capitalized discount being greater than the principal amount outstanding on the loan.