| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Total investment income | $1.42B+6.9% | $1.33B+16.0% | $1.14B+34.5% | $850.3M+36.1% | $624.7M+60.3% | $389.6M |
| Interest expense | $381.6M+17.0% | $326.1M+22.4% | $266.4M+30.9% | $203.6M+69.0% | $120.5M+82.7% | $65.9M |
| Management fees (Note 3) | $140.0M+20.1% | $116.6M+18.8% | $98.1M-3.5% | $101.7M+63.0% | $62.4M+89.8% | $32.9M |
| Income based incentive fees (Note 3) | $126.7M-15.6% | $150.1M+11.8% | $134.2M+38.2% | $97.2M+44.4% | $67.3M+60.2% | $42.0M |
| Capital gains based incentive fees (Note 3) | $0 | $0 | — | -$11.9M | — | — |
| Capital gains based incentive fees reversal | -$5.5M | — | — | — | — | — |
| Professional fees | $4.9M+5.5% | $4.7M-23.4% | $6.1M+51.5% | $4.0M+37.1% | $2.9M+46.3% | $2.0M |
| Board of Trustees’ fees | $1.2M+7.7% | $1.1M+19.7% | $907K+6.3% | $853K+49.4% | $571K+22.3% | $467K |
| Administrative service expenses (Note 3) | $3.5M+32.2% | $2.6M+17.5% | $2.3M-15.8% | $2.7M+12.7% | $2.4M+4.4% | $2.3M |
| Other general and administrative expenses | $5.0M+41.2% | $3.6M-41.9% | $6.1M-3.6% | $6.3M+32.3% | $4.8M+15.1% | $4.2M |
| Total expenses before tax expense | $662.9M+9.6% | $604.8M+18.9% | $508.6M+25.8% | $404.4M+45.9% | $277.1M+87.1% | $148.1M |
| Management fees waived (Note 3) | $0 | $0+100.0% | -$20.2M+20.6% | -$25.4M-506.1% | -$4.2M | $0 |
| Incentive fees waived (Note 3) | $0 | $0+100.0% | -$15.6M-12.4% | -$13.9M-494.9% | -$2.3M | $0 |
| Net expenses before tax expense | $662.9M+9.6% | $604.8M+27.9% | $472.8M+29.5% | $365.1M+34.9% | $270.6M | — |
| Net investment income before tax expense | $756.0M+4.7% | $722.1M+7.7% | $670.7M+38.2% | $485.2M+37.0% | $354.1M+47.5% | $240.1M |
| Excise and other tax expense | $16.1M+10.9% | $14.5M-13.5% | $16.8M+1111.8% | $1.4M-43.2% | $2.4M | — |
| Net investment income after tax expense | $739.9M+4.6% | $707.6M+8.2% | $653.9M+35.2% | $483.8M+37.6% | $351.7M | — |
| Net unrealized (appreciation) depreciation on investments | -$1.6M+46.9% | -$2.9M+79.2% | -$14.2M-183.2% | $17.0M+482.3% | $2.9M | $0 |
| Derivative instruments (Note 6) | -$8.8M-200.6% | $8.8M | $0 | $0 | — | — |
| Translation of assets and liabilities in foreign currencies | $852K+1875.0% | -$48K+98.7% | -$3.7M-185.9% | $4.3M+891.3% | -$549K-5090.9% | $11K |
| Income tax (provision) benefit | -$2.3M-40.2% | -$1.7M | $0 | $0 | — | — |
| Net change in unrealized appreciation (depreciation), net of income tax (provision) benefit | -$153.7M-1039.8% | -$13.5M+75.3% | -$54.6M+55.3% | -$122.1M-217.3% | $104.2M | — |
| Net realized gain (loss) | $0 | $0-100.0% | $8.3M-80.7% | $42.9M+839.8% | $4.6M+204.7% | -$4.4M |
| Foreign currency transactions | -$13.4M-231.8% | $10.2M-45.9% | $18.8M+240.6% | $5.5M+271.8% | -$3.2M-19023.5% | $17K |
| Current tax expense on realized gains | -$545K | $0 | $0 | — | — | — |
| Net realized gain (loss), net of tax expense | -$22.8M-175215.4% | -$13K-100.1% | $12.6M-70.6% | $42.9M+839.8% | $4.6M | — |
| Net realized and change in unrealized gain (loss) | -$176.5M-1207.5% | -$13.5M+67.8% | -$42.0M+47.0% | -$79.2M-172.8% | $108.7M | — |
| Net increase (decrease) in net assets resulting from operations | $563.5M-18.8% | $694.1M+13.4% | $612.0M+51.3% | $404.6M-12.1% | $460.4M+110.6% | $218.6M |
| Net investment income (in usd per share) | $3.23-8.0% | $3.51-10.0% | $3.90-99.9% | $2910.00+19.8% | $2430.00-3.2% | $2510.00 |
| Net investment income, diluted (in usd per share) | $3.23-8.0% | $3.51-10.0% | $3.90 | — | — | — |
| Earnings (loss), basic, per share (in usd per share) | $2.46-28.7% | $3.45-5.5% | $3.65-99.9% | $2440.00-23.5% | $3190.00+39.3% | $2290.00 |
| Earnings (loss), diluted, per share (in usd per share) | $2.46-28.7% | $3.45-5.5% | $3.65-99.9% | $2440.00-23.5% | $3190.00+39.3% | $2290.00 |
| Weighted average shares outstanding basic (in shares) | 229.2M+13.8% | 201.4M+20.1% | 167.6M-99.9% | 166.07B+14.9% | 144.51B+51.6% | 95.33B |
| Weighted average shares outstanding diluted (in shares) | 229.2M+13.8% | 201.4M+20.1% | 167.6M-99.9% | 166.07B+14.9% | 144.51B+51.6% | 95.33B |
| Non-controlled/non-affiliated investments | ||||||
| Interest income | $1.4M+228.0% | $428K | $0 | $0-100.0% | $610.5M+59.9% | $381.8M |
| Payment-in-kind interest income | $1.8M+41.7% | $1.3M | $0 | $0-100.0% | $8.2M+15.0% | $7.1M |
| Dividend income | $1.1M+339.5% | $243K-37.2% | $387K-95.8% | $9.3M+4149.8% | $219K | $0 |
| Other income | $3.0M-18.0% | $3.7M-47.7% | $7.0M | — | — | — |
| Non-controlled/affiliated investments | ||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.