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The following are the financial highlights for the six months ended June 30, 2024:
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Six Months Ended June 30, 2024 |
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Class I |
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Class D |
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Class F |
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Class S |
| Per Share Data: |
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| Net asset value, beginning of period |
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$ |
25.06 |
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$ |
25.06 |
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$ |
25.06 |
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$ |
25.06 |
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Net investment income (1)
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1.42 |
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1.40 |
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1.36 |
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1.30 |
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Net unrealized and realized gain (loss) (2)
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0.33 |
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0.32 |
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0.33 |
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0.34 |
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| Net increase (decrease) in net assets resulting from operations |
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1.75 |
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1.72 |
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1.69 |
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1.64 |
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Distributions from net investment income (3)
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(1.29) |
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(1.26) |
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(1.23) |
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(1.18) |
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Distributions from net realized gains (3)
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— |
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— |
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— |
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— |
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| Net increase (decrease) in net assets from shareholders' distributions |
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(1.29) |
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(1.26) |
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(1.23) |
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(1.18) |
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Early repurchase deduction fees (6)
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— |
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— |
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— |
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— |
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| Total increase (decrease) in net assets |
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0.46 |
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0.46 |
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0.46 |
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0.46 |
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| Net asset value, end of period |
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$ |
25.52 |
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$ |
25.52 |
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$ |
25.52 |
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$ |
25.52 |
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| Shares outstanding, end of period |
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80,453,015 |
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36,330,213 |
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152,019,594 |
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8,958,889 |
Total return based on NAV (4)
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7.12 |
% |
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6.99 |
% |
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6.86 |
% |
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6.68 |
% |
| Ratios: |
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Ratio of net expenses to average net assets (5)
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8.81 |
% |
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9.09 |
% |
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9.35 |
% |
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9.51 |
% |
Ratio of net investment income to average net assets (5)
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11.41 |
% |
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11.19 |
% |
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10.95 |
% |
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10.43 |
% |
| Portfolio turnover rate |
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13.07 |
% |
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13.07 |
% |
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13.07 |
% |
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13.07 |
% |
| Supplemental Data: |
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| Net assets, end of period |
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$ |
2,052,817 |
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$ |
926,987 |
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$ |
3,878,862 |
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$ |
228,594 |
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| Asset coverage ratio |
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265.0 |
% |
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265.0 |
% |
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265.0 |
% |
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265.0 |
% |
(1)The per share data was derived by using the weighted average shares outstanding during the period.
(2)The amount shown does not correspond with the aggregate amount for the period as it includes the effect of the timing of capital transactions.
(3)The per share data for distributions was derived by using the actual shares outstanding at the date of the relevant transactions (refer to Note 9).
(4)Total return is calculated as the change in NAV per share during the period, plus distributions per share (assuming distributions are reinvested in accordance with the Company's distribution reinvestment plan) divided by the beginning NAV per share. Total return does not include upfront transaction fee, if any.
(5)For the six months ended June 30, 2024, amounts are annualized except for excise tax, and capital gains incentive fee.
(6)The per share amount rounds to less than $0.01 per share.
The following are the financial highlights for the six months ended June 30, 2023:
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Six Months Ended June 30, 2023 |
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Class I |
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Class D |
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Class F |
| Per Share Data: |
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| Net asset value, beginning of period |
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$ |
23.88 |
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$ |
23.88 |
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$ |
23.88 |
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Net investment income (1)
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1.43 |
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1.40 |
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1.37 |
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Net unrealized and realized gain (loss) (2)
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0.60 |
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0.60 |
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0.60 |
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| Net increase (decrease) in net assets resulting from operations |
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2.03 |
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2.00 |
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1.97 |
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Distributions from net investment income (3)
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(1.19) |
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(1.16) |
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(1.13) |
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Distributions from net realized gains (3)
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— |
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— |
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— |
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| Net increase (decrease) in net assets from shareholders' distributions |
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(1.19) |
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(1.16) |
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(1.13) |
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Early repurchase deduction fees (6)
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— |
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— |
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— |
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| Total increase (decrease) in net assets |
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0.84 |
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0.84 |
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0.84 |
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| Net asset value, end of period |
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$ |
24.72 |
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$ |
24.72 |
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$ |
24.72 |
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| Shares outstanding, end of period |
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38,403,644 |
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20,410,089 |
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100,280,440 |
Total return based on NAV (4)
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8.64 |
% |
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8.51 |
% |
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8.38 |
% |
| Ratios: |
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Ratio of net expenses to average net assets (5)
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9.43 |
% |
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9.76 |
% |
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9.94 |
% |
Ratio of net investment income to average net assets (5)
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11.90 |
% |
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11.75 |
% |
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11.42 |
% |
| Portfolio turnover rate |
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5.64 |
% |
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5.64 |
% |
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5.64 |
% |
| Supplemental Data: |
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| Net assets, end of period |
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$ |
949,403 |
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$ |
504,572 |
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$ |
2,479,041 |
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| Asset coverage ratio |
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224.9 |
% |
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224.9 |
% |
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224.9 |
% |
(1)The per share data was derived by using the weighted average shares outstanding during the period.
(2)The amount shown does not correspond with the aggregate amount for the period as it includes the effect of the timing of capital transactions.
(3)The per share data for distributions was derived by using the actual shares outstanding at the date of the relevant transactions (refer to Note 9).
(4)Total return is calculated as the change in NAV per share during the period, plus distributions per share (assuming distributions are reinvested in accordance with the Company's distribution reinvestment plan) divided by the beginning NAV per share. Total return does not include upfront transaction fee, if any.
(5)For the six months ended June 30, 2023, amounts are annualized except for non-recurring expenses.
(6)The per share amount rounds to less than $0.01 per share.
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