Main Street Capital CORP

For the period ended Jun 30, 2024. Filed Aug 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 9, 2024

MAIN$57.21+0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Schedule of Investments (unaudited)—June 30,

Consolidated Schedule of Investments

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Control Investments (5)
Analytical Systems Keco Holdings, LLC · Manufacturer of Liquid and Gas Analyzers
			Secured Debt	(9)	8/16/2019		15.38%	SF+	10.00%	8/16/2024	$220		$220		$220
			Secured Debt	(9)	8/16/2019		15.38%	SF+	10.00%	8/16/2024	3,930		3,923		3,923
			Preferred Member Units		5/20/2021	2,427						2,427		5,620
			Preferred Member Units		8/16/2019	3,200	14.13%					3,200		—
			Warrants	(27)	8/16/2019	420				8/16/2029		316		—
												10,086		9,763
ASC Interests, LLC		Recreational and Educational Shooting Facility
			Secured Debt		12/31/2019		13.00%			7/31/2024	400		400		400
			Secured Debt		8/1/2013		13.00%			7/31/2024	1,650		1,650		1,598
			Preferred Member Units		6/28/2023	178						178		266
			Member Units		8/1/2013	1,500						1,500		40
												3,728		2,304
ATS Workholding, LLC	(10)	Manufacturer of Machine Cutting Tools and Accessories
			Secured Debt	(14)	11/16/2017		5.00%			9/1/2024	2,257		2,249		214
			Secured Debt	(14)	11/16/2017		5.00%			9/1/2024	3,015		2,841		285
			Preferred Member Units		11/16/2017	3,725,862						3,726		—
												8,816		499
Barfly Ventures, LLC	(10)	Casual Restaurant Group
			Secured Debt		10/15/2020		7.00%			10/31/2024	711		711		711
			Member Units	(8)	10/26/2020	37						1,584		4,720
												2,295		5,431
Batjer TopCo, LLC		HVAC Mechanical Contractor
			Secured Debt		3/7/2022		10.00%			3/7/2027	450		445		445
			Secured Debt		3/7/2022		10.00%			3/7/2027	270		270		270
			Secured Debt		3/7/2022		10.00%			3/7/2027	10,575		10,518		10,518
			Preferred Stock	(8)	3/7/2022	4,073						4,095		5,720
												15,328		16,953
Bolder Panther Group, LLC		Consumer Goods and Fuel Retailer
			Secured Debt	(25)	12/31/2020					12/31/2025	—		—		—
			Secured Debt	(9) (22)	12/31/2020		13.43%	SF+	8.05%	10/31/2027	102,836		102,385		102,836
			Class B Preferred Member Units	(8)	12/31/2020	140,000	8.00%					14,000		34,710
												116,385		137,546
Brewer Crane Holdings, LLC		Provider of Crane Rental and Operating Services
			Secured Debt	(9)	1/9/2018		15.48%	SF+	10.00%	1/9/2025	5,264		5,264		5,264
			Preferred Member Units	(8)	1/9/2018	2,950						4,280		5,300
												9,544		10,564

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Bridge Capital Solutions Corporation · Financial Services and Cash Flow Solutions Provider
		Secured Debt		7/25/2016		13.00%				12/11/2024	8,813		8,813		8,813
		Secured Debt		7/25/2016		13.00%				12/11/2024	1,000		1,000		1,000
		Warrants	(27)	7/25/2016	82					7/25/2026		2,132		4,230
		Preferred Member Units	(8) (29)	7/25/2016	17,742							1,000		1,000
												12,945		15,043
Café Brazil, LLC	Casual Restaurant Group
		Member Units	(8)	6/9/2006	1,233							1,742		1,790
California Splendor Holdings LLC	Processor of Frozen Fruits
		Secured Debt	(25)	3/15/2024						7/29/2026	—		—		—
		Secured Debt		3/30/2018		14.00%			4.00%	7/29/2026	28,336		28,263		27,875
		Preferred Member Units	(8)	7/31/2019	8,671	15.00%			15.00%			10,173		10,173
		Preferred Member Units	(8)	3/30/2018	6,157							10,775		15,695
												49,211		53,743
CBT Nuggets, LLC	Produces and Sells IT Training Certification Videos
		Member Units	(8)	6/1/2006	416							1,300		49,540
Centre Technologies Holdings, LLC	Provider of IT Hardware Services and Software Solutions
		Secured Debt	(9) (25)	1/4/2019			SF+	10.00%		1/4/2028	—		—		—
		Secured Debt	(9)	1/4/2019		15.48%	SF+	10.00%		1/4/2028	20,462		20,239		20,462
		Preferred Member Units		1/4/2019	13,309							6,122		11,500
												26,361		31,962
Chamberlin Holding LLC	Roofing and Waterproofing Specialty Contractor
		Secured Debt	(9) (25)	2/26/2018			SF+	6.00%		2/26/2026	—		(150)		—
		Secured Debt	(9)	2/26/2018		13.49%	SF+	8.00%		2/26/2026	15,620		15,618		15,620
		Member Units	(8)	2/26/2018	4,347							11,440		30,030
		Member Units	(8) (29)	11/2/2018	1,047,146							1,773		3,150
												28,681		48,800
Charps, LLC	Pipeline Maintenance and Construction
		Unsecured Debt		8/26/2020		10.00%				1/31/2026	5,694		4,922		5,694
		Preferred Member Units	(8)	2/3/2017	1,829							1,963		15,580
												6,885		21,274
Clad-Rex Steel, LLC	Specialty Manufacturer of Vinyl-Clad Metal
		Secured Debt	(25)	10/28/2022						1/15/2027	—		—		—
		Secured Debt		12/20/2016		11.50%				1/15/2027	7,960		7,938		7,801
		Secured Debt		12/20/2016		10.00%				12/20/2036	993		985		985

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Member Units	(8)	12/20/2016	717						7,280		6,210
			Member Units	(29)	12/20/2016	800						509		950
												16,712		15,946
Cody Pools, Inc.		Designer of Residential and Commercial Pools
			Secured Debt	(25)	3/6/2020					12/17/2026	—		(15)		—
			Secured Debt		3/6/2020		12.50%			12/17/2026	40,801		40,775		40,801
			Preferred Member Units	(8) (29)	3/6/2020	587						8,317		74,480
												49,077		115,281
Colonial Electric Company LLC		Provider of Electrical Contracting Services
			Secured Debt	(25)	3/31/2021					3/31/2026	—		—		—
			Secured Debt		3/31/2021		12.00%			3/31/2026	18,140		18,073		18,140
			Preferred Member Units	(8)	3/31/2021	17,280						7,680		11,740
												25,753		29,880
CompareNetworks Topco, LLC		Internet Publishing and Web Search Portals
			Secured Debt	(9)	1/29/2019		14.48%	SF+	9.00%	1/29/2028	3,162		3,097		3,097
			Preferred Member Units	(8)	1/29/2019	1,975						1,975		12,930
												5,072		16,027
Compass Systems & Sales, LLC		Designer of End-to-End Material Handling Solutions
			Secured Debt		11/22/2023		13.50%			11/22/2028	1,600		1,584		1,584
			Secured Debt		11/22/2023		13.50%			11/22/2028	17,200		17,051		17,051
			Preferred Equity		11/22/2023	7,454						7,454		7,950
												26,089		26,585
Copper Trail Fund Investments	(12) (13)	Investment Partnership
			LP Interests (CTMH, LP)	(8) (30)	7/17/2017	38.75%						568		568
Cybermedia Technologies, LLC		IT and Digital Services Provider
			Secured Debt	(25)	5/5/2023					5/5/2028	—		—		—
			Secured Debt		5/5/2023		13.00%			5/5/2028	27,663		27,449		27,449
			Preferred Member Units	(8)	5/5/2023	556						15,000		16,020
												42,449		43,469
Datacom, LLC		Technology and Telecommunications Provider
			Secured Debt		3/1/2022		7.50%			12/31/2025	270		268		268
			Secured Debt		3/31/2021		10.00%			12/31/2025	8,217		8,011		7,525
			Preferred Member Units		3/31/2021	9,000						2,610		200
												10,889		7,993

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Digital Products Holdings LLC · Designer and Distributor of Consumer Electronics
		Secured Debt	(9)	4/1/2018		15.38%	SF+	10.00%		4/27/2026	13,420		13,338		13,271
		Preferred Member Units	(8)	4/1/2018	3,857							9,501		9,835
												22,839		23,106
Direct Marketing Solutions, Inc.	Provider of Omni-Channel Direct Marketing Services
		Secured Debt	(25)	2/13/2018						2/13/2026	—		(45)		—
		Secured Debt		12/27/2022		14.00%				2/13/2026	24,723		24,659		24,723
		Preferred Stock		2/13/2018	8,400							8,400		19,600
												33,014		44,323
Elgin AcquireCo, LLC	Manufacturer and Distributor of Engine and Chassis Components
		Secured Debt	(9) (25)	10/3/2022			SF+	6.00%		10/3/2027	—		(6)		(6)
		Secured Debt		10/3/2022		12.00%				10/3/2027	18,303		18,184		18,184
		Secured Debt		10/3/2022		9.00%				10/3/2052	6,289		6,230		6,230
		Common Stock		10/3/2022	285							5,726		5,730
		Common Stock	(29)	10/3/2022	939							1,558		1,750
												31,692		31,888
Gamber-Johnson Holdings, LLC	Manufacturer of Ruggedized Computer Mounting Systems
		Secured Debt	(9) (25) (33)	6/24/2016			SF+	7.50%		1/1/2028	—		—		—
		Secured Debt	(9) (33)	12/15/2022		10.50%	SF+	7.50%		1/1/2028	49,278		49,073		49,278
		Member Units	(8)	6/24/2016	9,042							17,692		106,550
												66,765		155,828
Garreco, LLC	Manufacturer and Supplier of Dental Products
		Member Units	(8)	7/15/2013	1,200							1,200		1,580
												1,200		1,580
GRT Rubber Technologies LLC	Manufacturer of Engineered Rubber Products
		Secured Debt		12/21/2018		11.48%	SF+	6.00%		10/29/2026	3,146		3,138		3,146
		Secured Debt		12/19/2014		13.48%	SF+	8.00%		10/29/2026	40,493		40,382		40,493
		Member Units	(8)	12/19/2014	5,879							13,065		44,440
												56,585		88,079
Gulf Publishing Holdings, LLC	Energy Industry Focused Media and Publishing
		Secured Debt	(9) (14) (25)	9/29/2017			SF+	9.50%		7/1/2027	—		—		—
		Secured Debt	(14)	7/1/2022		12.50%			12.50%	7/1/2027	2,400		2,400		1,948
		Preferred Equity		7/1/2022	63,720							5,600		—
		Member Units		4/29/2016	3,681							3,681		—
												11,681		1,948

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Harris Preston Fund Investments	(12) (13)	Investment Partnership
			LP Interests (2717 MH, L.P.)	(8) (30)	10/1/2017	49.26%						3,345		8,991
			LP Interests (2717 HPP-MS, L.P.)	(30)	3/11/2022	49.26%						248		374
			LP Interests (2717 GRE-LP, L.P.)	(30)	4/18/2024	43.05%						441		441
												4,034		9,806
Harrison Hydra-Gen, Ltd.		Manufacturer of Hydraulic Generators
			Common Stock		6/4/2010	107,456						718		5,220
IG Investor, LLC		Military and Other Tactical Gear
			Secured Debt	(25)	6/21/2023					6/21/2028	—		(31)		(31)
			Secured Debt		6/21/2023		13.00%			6/21/2028	36,384		36,096		36,096
			Common Equity		6/21/2023	14,400						14,400		14,400
												50,465		50,465
Jensen Jewelers of Idaho, LLC		Retail Jewelry Store
			Secured Debt	(9) (25)	8/29/2017			P+	6.75%	11/14/2026	—		—		—
			Secured Debt	(9)	11/14/2006		15.00%	P+	6.75%	11/14/2026	1,800		1,800		1,800
			Member Units	(8)	11/14/2006	627						811		12,330
												2,611		14,130
JorVet Holdings, LLC		Supplier and Distributor of Veterinary Equipment and Supplies
			Secured Debt		3/28/2022		12.00%			3/28/2027	25,003		24,866		24,866
			Preferred Equity	(8)	3/28/2022	107,406						10,741		10,741
												35,607		35,607
KBK Industries, LLC		Manufacturer of Specialty Oilfield and Industrial Products
			Secured Debt		2/24/2023		9.00%			2/24/2028	4,300		4,268		4,300
			Member Units	(8)	1/23/2006	325						783		24,820
												5,051		29,120
Kickhaefer Manufacturing Company, LLC		Precision Metal Parts Manufacturing
			Secured Debt		10/31/2018		12.00%			10/31/2026	17,399		17,382		17,382
			Secured Debt		10/31/2018		9.00%			10/31/2048	3,982		3,948		3,948
			Preferred Equity		10/31/2018	581						12,240		11,930
			Member Units	(8) (29)	10/31/2018	800						992		2,490
												34,562		35,750
Metalforming Holdings, LLC		Distributor of Sheet Metal Folding and Metal Forming Equipment
			Secured Debt	(25)	10/19/2022					10/19/2024	—		—		—

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt		10/19/2022		10.75%				10/19/2027	22,657		22,508		22,508
			Preferred Equity	(8)	10/19/2022	5,915,585	8.00%			8.00%			5,916		6,152
			Common Stock	(8)	10/19/2022	1,537,219							1,537		3,070
													29,961		31,730
MH Corbin Holding LLC		Manufacturer and Distributor of Traffic Safety Products
			Secured Debt		8/31/2015		14.00%				12/31/2025	5,240		5,240		4,862
			Preferred Member Units		3/15/2019	66,000							4,400		330
			Preferred Member Units		9/1/2015	4,000							6,000		—
													15,640		5,192
MS Private Loan Fund I, LP	(12) (13)	Investment Partnership
			Secured Debt		1/26/2021		5.00%				12/31/2024	7,000		7,000		7,000
			LP Interests	(8) (30)	1/26/2021	14.51%							14,250		14,469
													21,250		21,469
MS Private Loan Fund II, LP	(12) (13)	Investment Partnership
			Secured Debt		9/5/2023		8.88%	SF+	3.50%		9/5/2025	49,500		49,408		49,408
			LP Interests	(8) (30)	9/5/2023	14.12%							3,725		3,810
													53,133		53,218
MSC Adviser I, LLC	(16)	Third Party Investment Advisory Services
			Member Units	(8)	11/22/2013	100%							29,500		186,560
MSC Income Fund, Inc.	(12) (13)	Business Development Company
			Common Equity	(8)	5/2/2022	1,919,595							15,000		14,894
Mystic Logistics Holdings, LLC		Logistics and Distribution Services Provider for Large Volume Mailers
			Secured Debt	(25)	8/18/2014						1/31/2027	—		—		—
			Secured Debt		8/18/2014		10.00%				1/31/2027	5,746		5,727		5,746
			Common Stock	(8)	8/18/2014	5,873							2,720		26,100
													8,447		31,846
NAPCO Precast, LLC		Precast Concrete Manufacturing
			Member Units		1/31/2008	2,955							2,975		10,380
Nello Industries Investco, LLC		Manufacturer of Steel Poles and Towers For Critical Infrastructure
			Secured Debt	(9)	6/4/2024		11.88%	SF+	6.50%		6/4/2025	10,974		10,946		10,946
			Secured Debt		6/4/2024		13.50%				6/4/2029	24,800		24,556		24,556
			Common Equity		6/4/2024	365							12,120		12,120
													47,622		47,622
NexRev LLC		Provider of Energy Efficiency Products & Services
			Secured Debt		2/28/2018		10.00%				2/28/2025	1,600		1,600		1,600
			Secured Debt		2/28/2018		10.00%				2/28/2025	9,811		9,777		9,811

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
		Preferred Member Units	(8)	2/28/2018	103,144,186						8,213		8,210
											19,590		19,621
NRP Jones, LLC	Manufacturer of Hoses, Fittings and Assemblies
		Secured Debt		12/21/2017		12.00%			3/20/2025	2,080		2,080		2,080
		Member Units		12/22/2011	65,962						114		50
		Member Units		12/22/2011	65,962						3,603		1,389
											5,797		3,519
NuStep, LLC	Designer, Manufacturer and Distributor of Fitness Equipment
		Secured Debt	(9)	1/31/2017		11.98%	SF+	6.50%	1/31/2025	3,600		3,600		3,600
		Secured Debt		1/31/2017		12.00%			1/31/2025	18,440		18,432		18,432
		Preferred Member Units		11/2/2022	2,062						2,062		5,150
		Preferred Member Units		1/31/2017	406						10,200		10,200
											34,294		37,382
OMi Topco, LLC	Manufacturer of Overhead Cranes
		Secured Debt		8/31/2021		12.00%			8/31/2026	12,000		11,948		12,000
		Preferred Member Units	(8)	4/1/2008	900						1,080		48,280
											13,028		60,280
Orttech Holdings, LLC	Distributor of Industrial Clutches, Brakes and Other Components
		Secured Debt	(9) (25)	7/30/2021			SF+	11.00%	7/31/2026	—		—		—
		Secured Debt	(9)	7/30/2021		16.48%	SF+	11.00%	7/31/2026	21,960		21,868		21,960
		Preferred Stock	(8) (29)	7/30/2021	10,000						10,000		15,060
											31,868		37,020
Pearl Meyer Topco LLC	Provider of Executive Compensation Consulting Services
		Secured Debt		4/27/2020		12.00%			12/31/2027	5,000		4,997		5,000
		Secured Debt		4/27/2020		12.00%			12/31/2027	38,219		38,065		38,219
		Secured Debt		4/27/2020		12.00%			12/31/2027	27,681		27,613		27,681
		Preferred Equity	(8)	4/27/2020	15,061						13,000		53,340
											83,675		124,240
Pinnacle TopCo, LLC	Manufacturer and Distributor of Garbage Can Liners, Poly Bags, Produce Bags, and Other Similar Products
		Secured Debt	(25)	12/21/2023					12/31/2028	—		(14)		(14)
		Secured Debt		12/21/2023		13.00%			12/31/2028	30,640		30,369		30,369
		Preferred Equity	(8)	12/21/2023	440						12,540		15,330
											42,895		45,685
PPL RVs, Inc.	Recreational Vehicle Dealer
		Secured Debt	(9) (25)	10/31/2019			SF+	8.75%	11/15/2027	—		(6)		—
		Secured Debt	(9)	11/15/2016		14.23%	SF+	8.75%	11/15/2027	19,021		18,872		19,021
		Common Stock		6/10/2010	2,000						2,150		15,870
		Common Stock	(29)	6/14/2022	238,421						238		514

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
										21,254		35,405
Principle Environmental, LLC	Noise Abatement Service Provider
		Secured Debt		7/1/2011		13.00%		11/15/2026	5,897		5,841		5,841
		Preferred Member Units	(8)	2/1/2011	21,806					5,709		10,800
		Common Stock		1/27/2021	1,037					1,200		510
										12,750		17,151
Quality Lease Service, LLC	Provider of Rigsite Accommodation Unit Rentals and Related Services
		Member Units		6/8/2015	1,000					7,546		460
River Aggregates, LLC	Processor of Construction Aggregates
		Member Units	(29)	12/20/2013	1,500					369		3,790
Robbins Bros. Jewelry, Inc.	Bridal Jewelry Retailer
		Secured Debt	(14) (25)	12/15/2021				12/15/2026	—		(24)		(24)
		Secured Debt	(14)	12/15/2021		12.50%	10.00%	12/15/2026	33,660		33,479		17,388
		Preferred Equity		12/15/2021	11,070					11,070		—
										44,525		17,364
Tedder Industries, LLC	Manufacturer of Firearm Holsters and Accessories
		Secured Debt	(14) (17)	8/31/2018		12.00%	12.00%	8/31/2023	1,840		1,840		1,726
		Secured Debt	(14) (17)	8/31/2018		12.00%	12.00%	8/31/2023	15,200		15,200		4,657
		Preferred Member Units		8/28/2023	6,605					661		—
		Preferred Member Units		2/1/2023	5,643					564		—
		Preferred Member Units		8/31/2018	544					9,245		—
										27,510		6,383
Televerde, LLC	Provider of Telemarketing and Data Services
		Preferred Stock		1/26/2022	248					718		1,793
		Member Units		1/6/2011	460					1,290		2,570
										2,008		4,363
Trantech Radiator Topco, LLC	Transformer Cooling Products and Services
		Secured Debt	(25)	5/31/2019				5/31/2027	—		(1)		—
		Secured Debt		5/31/2019		13.50%		5/31/2027	7,920		7,842		7,920
		Common Stock	(8)	5/31/2019	615					4,655		9,770
										12,496		17,690
Vision Interests, Inc.	Manufacturer / Installer of Commercial Signage
		Series A Preferred Stock		12/23/2011	3,000,000					3,000		3,000
Volusion, LLC	Provider of Online Software-as-a-Service eCommerce Solutions

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt		3/31/2023		10.00%				3/31/2025	2,100		2,100		2,100
			Preferred Member Units		3/31/2023	5,097,595							6,529		7,000
			Preferred Member Units		3/31/2023	142,512							—		—
			Preferred Member Units		1/26/2015	4,876,670							14,000		—
			Common Stock		3/31/2023	1,802,780							2,576		—
													25,205		9,100
VVS Holdco LLC		Omnichannel Retailer of Animal Health Products
			Secured Debt	(9) (25)	12/1/2021			SF+	6.00%		12/1/2024	—		—		—
			Secured Debt		12/1/2021		11.50%				12/1/2026	27,040		26,909		26,909
			Preferred Equity	(8) (29)	12/1/2021	12,240							12,240		12,240
													39,149		39,149
Ziegler’s NYPD, LLC		Casual Restaurant Group
			Secured Debt		6/1/2015		12.00%				10/1/2024	450		450		450
			Secured Debt		10/1/2008		6.50%				10/1/2024	1,000		1,000		945
			Secured Debt		10/1/2008		14.00%				10/1/2024	2,750		2,750		1,710
			Preferred Member Units		6/30/2015	10,072							2,834		—
			Warrants	(27)	7/1/2015	587					10/1/2025		600		—
													7,634		3,105
Subtotal Control Investments (80.4% of net assets at fair value)													$1,484,861		$2,075,429
Affiliate Investments (6)
AAC Holdings, Inc.	(11)	Substance Abuse Treatment Service Provider
			Secured Debt		1/31/2023		18.00%			18.00%	6/25/2025	$481		$477		$476
			Secured Debt		12/11/2020		18.00%			18.00%	6/25/2025	15,950		15,890		15,770
			Common Stock		12/11/2020	654,743							3,148		—
			Warrants	(27)	12/11/2020	574,598					12/11/2025		—		—
													19,515		16,246
Boccella Precast Products LLC		Manufacturer of Precast Hollow Core Concrete
			Secured Debt		9/23/2021		10.00%				2/28/2027	320		320		265
			Member Units	(8)	6/30/2017	2,160,000							2,256		310
													2,576		575
Buca C, LLC		Casual Restaurant Group
			Secured Debt		6/28/2024		14.00%			14.00%	4/1/2025	58		58		58
			Secured Debt	(14) (17)	6/30/2015		14.00%			14.00%	8/31/2023	20,080		17,352		12,515
			Preferred Member Units		6/30/2015	6	6.00%			6.00%			4,770		—
													22,180		12,573
Career Team Holdings, LLC		Provider of Workforce Training and Career Development Services
			Secured Debt	(9)	12/17/2021		11.38%	SF+	6.00%		12/17/2026	900		884		884
			Secured Debt		12/17/2021		13.00%				12/17/2026	19,845		19,747		19,747

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Common Stock		12/17/2021	450,000				4,500		4,500
										25,131		25,131
Classic H&G Holdings, LLC		Provider of Engineered Packaging Solutions
			Preferred Member Units	(8)	3/12/2020	154				—		2,469
Congruent Credit Opportunities Funds	(12) (13)	Investment Partnership
			LP Interests (Congruent Credit Opportunities Fund III, LP)	(8) (30)	2/4/2015	12.49%				3,019		2,542
DMA Industries, LLC		Distributor of Aftermarket Ride Control Products
			Secured Debt		6/18/2024		12.00%	6/19/2029	560		554		560
			Secured Debt		11/19/2021		12.00%	6/19/2029	16,800		16,713		16,800
			Preferred Equity		11/19/2021	9,012				9,012		9,012
										26,279		26,372
Dos Rios Partners	(12) (13)	Investment Partnership
			LP Interests (Dos Rios Partners, LP)	(30)	4/25/2013	20.24%				6,172		8,412
			LP Interests (Dos Rios Partners - A, LP)	(30)	4/25/2013	6.43%				1,960		2,621
										8,132		11,033
Dos Rios Stone Products LLC	(10)	Limestone and Sandstone Dimension Cut Stone Mining Quarries
			Class A Preferred Units	(29)	6/27/2016	2,000,000				2,000		1,330
EIG Fund Investments	(12) (13)	Investment Partnership
			LP Interests (EIG Global Private Debt Fund-A, L.P.)	(8)	11/6/2015	5,000,000				808		761
FCC Intermediate Holdco, LLC (Supplycore)		Supply Chain Management Services
			Secured Debt		5/28/2024		13.00%	5/29/2029	32,800		28,691		28,691
			Warrants	(27)	5/28/2024	12				3,920		3,920
										32,611		32,611
Flame King Holdings, LLC		Propane Tank and Accessories Distributor
			Preferred Equity	(8)	10/29/2021	9,360				10,400		35,750
Freeport Financial Funds	(12) (13)	Investment Partnership
			LP Interests (Freeport Financial SBIC Fund LP)	(30)	3/23/2015	9.30%				2,580		2,656

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			LP Interests (Freeport First Lien Loan Fund III LP)	(8) (30)	7/31/2015	5.95%						3,051		2,596
												5,631		5,252
GFG Group, LLC		Grower and Distributor of a Variety of Plants and Products to Other Wholesalers, Retailers and Garden Centers
			Secured Debt		3/31/2021		8.00%			3/31/2026	9,345		9,312		9,345
			Preferred Member Units	(8)	3/31/2021	226						4,900		9,810
												14,212		19,155
Gulf Manufacturing, LLC	(13) (21)	Manufacturer of Specialty Fabricated Industrial Piping Products
			Secured Debt	(25)	3/15/2024			SF+	7.63%	3/15/2029	—		(47)		—
			Secured Debt		3/15/2024		13.00%	SF+	7.63%	3/15/2029	40,000		39,627		40,000
			Member Units	(8)	8/31/2007	438						2,980		14,980
												42,560		54,980
Harris Preston Fund Investments	(12) (13)	Investment Partnership
			LP Interests (HPEP 3, L.P.)	(8) (30)	8/9/2017	8.22%						2,296		4,472
			LP Interests (HPEP 4, L.P.)	(30)	7/12/2022	11.61%						4,655		4,984
			LP Interests (423 COR, L.P.)	(8) (30)	6/2/2022	22.93%						2,900		4,044
			LP Interests (423 HAR, L.P.)	(30)	6/2/2023	15.60%						750		1,048
												10,601		14,548
Hawk Ridge Systems, LLC		Value-Added Reseller of Engineering Design and Manufacturing Solutions
			Secured Debt	(9)	12/2/2016		11.48%	SF+	6.00%	1/15/2026	2,090		2,088		2,090
			Secured Debt		12/2/2016		12.50%			1/15/2026	45,256		45,172		45,256
			Preferred Member Units	(8)	12/2/2016	226						2,850		18,060
			Preferred Member Units	(29)	12/2/2016	226						150		950
												50,260		66,356
Houston Plating and Coatings, LLC		Provider of Plating and Industrial Coating Services
			Unsecured Convertible Debt		5/1/2017		8.00%			10/2/2024	3,000		3,000		2,940
			Member Units	(8)	1/8/2003	322,297						2,352		3,210
												5,352		6,150
Independent Pet Partners Intermediate Holdings, LLC	(10)	Omnichannel Retailer of Specialty Pet Products
			Common Equity		4/7/2023	18,006,407						18,300		18,110
Infinity X1 Holdings, LLC		Manufacturer and Supplier of Personal Lighting Products
			Secured Debt		3/31/2023		13.00%			3/31/2028	15,500		15,386		15,386
			Preferred Equity	(8)	3/31/2023	87,360						4,368		4,368
												19,754		19,754

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Integral Energy Services	(10)	Nuclear Power Staffing Services
			Secured Debt	(9)	8/20/2021		13.06%	SF+	7.50%		8/20/2026	12,915		12,800		12,701
			Preferred Equity	(8)	12/7/2023	3,188	10.00%			10.00%			242		440
			Common Stock		8/20/2021	9,968							1,356		550
													14,398		13,691
Iron-Main Investments, LLC		Consumer Reporting Agency Providing Employment Background Checks and Drug Testing
			Secured Debt		8/2/2021		13.50%				1/31/2028	4,514		4,490		4,490
			Secured Debt		9/1/2021		13.50%				1/31/2028	2,940		2,924		2,924
			Secured Debt		11/15/2021		13.50%				1/31/2028	8,944		8,944		8,944
			Secured Debt		11/15/2021		13.50%				1/31/2028	17,624		17,529		17,529
			Secured Debt		1/31/2023		13.50%				1/31/2028	10,162		9,918		9,918
			Preferred Equity		6/26/2024	711,200							711		711
			Common Stock		8/3/2021	203,016							2,756		2,680
													47,272		47,196
ITA Holdings Group, LLC		Air Ambulance Services
			Secured Debt	(9)	6/21/2023		16.46%	SF+	9.00%	2.00%	6/21/2027	1,190		1,181		1,181
			Secured Debt	(9)	6/21/2023		16.46%	SF+	9.00%	2.00%	6/21/2027	719		707		707
			Secured Debt	(9)	6/21/2023		15.46%	SF+	8.00%	2.00%	6/21/2027	4,407		3,607		3,607
			Secured Debt	(9)	6/21/2023		17.46%	SF+	10.00%	2.00%	6/21/2027	4,407		3,607		3,607
			Warrants	(27)	6/21/2023	193,307					6/21/2033		2,091		2,660
													11,193		11,762
Johnson Downie Opco, LLC		Executive Search Services
			Secured Debt	(25)	12/10/2021						12/10/2026	—		(15)		—
			Secured Debt		12/10/2021		15.00%				12/10/2026	21,507		21,395		21,507
			Preferred Equity	(8)	12/10/2021	3,310							3,635		13,070
													25,015		34,577
Nebraska Vet AcquireCo, LLC		Mixed-Animal Veterinary and Animal Health Product Provider
			Secured Debt	(9)	12/31/2020		12.48%	SF+	7.00%		5/9/2027	1,250		1,242		1,250
			Secured Debt	(25)	5/9/2024						5/9/2027	—		(198)		—
			Secured Debt		12/31/2020		12.50%				5/9/2027	62,200		62,060		62,200
			Preferred Member Units	(8)	12/31/2020	6,987							6,987		19,410
													70,091		82,860
OnAsset Intelligence, Inc.		Provider of Transportation Monitoring / Tracking Products and Services
			Secured Debt	(14)	4/18/2011		12.00%			12.00%	12/31/2024	4,415		4,415		987
			Secured Debt	(14)	5/10/2013		12.00%			12.00%	12/31/2024	2,116		2,116		473
			Secured Debt	(14)	3/21/2014		12.00%			12.00%	12/31/2024	983		983		220
			Secured Debt	(14)	5/20/2014		12.00%			12.00%	12/31/2024	964		964		215
			Unsecured Debt	(14)	6/5/2017		10.00%			10.00%	12/31/2024	305		305		305
			Preferred Stock		4/18/2011	912	7.00%			7.00%			1,981		—

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Common Stock		4/15/2021	635							830		—
			Warrants	(27)	4/18/2011	4,699					5/10/2025		1,089		—
													12,683		2,200
Oneliance, LLC		Construction Cleaning Company
			Secured Debt	(9)	8/6/2021		15.48%	SF+	10.00%		8/6/2026	5,200		5,178		5,200
			Preferred Stock		8/6/2021	1,128							1,128		1,650
													6,306		6,850
SI East, LLC		Rigid Industrial Packaging Manufacturing
			Secured Debt		8/31/2018		11.75%				6/16/2028	2,250		2,235		2,250
			Secured Debt	(23)	6/16/2023		12.62%				6/16/2028	67,661		67,604		67,661
			Preferred Member Units	(8)	8/31/2018	165							1,525		17,690
													71,364		87,601
Slick Innovations, LLC		Text Message Marketing Platform
			Secured Debt		9/13/2018		14.00%				12/22/2027	18,080		17,900		18,080
			Common Stock	(8)	9/13/2018	70,000							—		1,880
													17,900		19,960
Student Resource Center, LLC	(10)	Higher Education Services
			Secured Debt	(14)	12/31/2022		8.50%			8.50%	12/31/2027	5,327		4,884		1,644
			Preferred Equity		12/31/2022	5,907,649							—		—
													4,884		1,644
Superior Rigging & Erecting Co.		Provider of Steel Erecting, Crane Rental & Rigging Services
			Preferred Member Units		8/31/2020	1,636							4,500		6,430
													4,500		6,430
The Affiliati Network, LLC		Performance Marketing Solutions
			Secured Debt	(25)	8/9/2021						8/9/2026	—		(8)		(8)
			Secured Debt		8/9/2021		10.00%				8/9/2026	6,321		6,290		6,161
			Preferred Stock		9/1/2023	236,110							236		236
			Preferred Stock	(8)	8/9/2021	1,280,000							6,400		6,400
													12,918		12,789
UnionRock Energy Fund II, LP	(12) (13)	Investment Partnership
			LP Interests	(30)	6/15/2020	11.11%							3,552		5,724
UnionRock Energy Fund III, LP	(12) (13)	Investment Partnership
			LP Interests	(30)	6/6/2023	25.00%							4,993		6,332
UniTek Global Services, Inc.	(11)	Provider of Outsourced Infrastructure Services
			Secured Convertible Debt		1/1/2021		15.00%			15.00%	6/30/2028	1,846		1,846		4,021

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Convertible Debt		1/1/2021		15.00%			15.00%	6/30/2028	905		905		1,972
			Preferred Stock	(8)	8/29/2019	1,133,102	20.00%			20.00%			2,880		2,880
			Preferred Stock		8/21/2018	1,521,122	20.00%			20.00%			2,188		3,838
			Preferred Stock		6/30/2017	2,281,682	19.00%			19.00%			3,667		—
			Preferred Stock		1/15/2015	4,336,866	13.50%			13.50%			7,924		—
			Common Stock		4/1/2020	945,507							—		—
													19,410		12,711
Universal Wellhead Services Holdings, LLC	(10)	Provider of Wellhead Equipment, Designs, and Personnel to the Oil & Gas Industry
			Preferred Member Units	(29)	12/7/2016	716,949	14.00%			14.00%			1,032		—
			Member Units	(29)	12/7/2016	4,000,000							4,000		—
													5,032		—
Urgent DSO LLC		General and Emergency Dentistry Practice
			Secured Debt		2/16/2024		13.50%				2/28/2029	8,800		8,718		8,718
			Preferred Equity	(8)	2/16/2024	4,000	9.00%			9.00%			4,136		4,136
													12,854		12,854
World Micro Holdings, LLC		Supply Chain Management
			Secured Debt		12/12/2022		13.00%				12/12/2027	12,123		12,040		12,040
			Preferred Equity	(8)	12/12/2022	3,845							3,845		3,845
													15,885		15,885
Subtotal Affiliate Investments (29.2% of net assets at fair value)													$679,571		$752,764
Non-Control Investments (7)
AB Centers Acquisition Corporation	(10)	Applied Behavior Analysis Therapy Provider
			Secured Debt	(9) (25)	9/6/2022			P+	5.00%		9/6/2028	$—		$(55)		$—
			Secured Debt	(9) (26)	9/6/2022		11.44%	SF+	6.00%		9/6/2028	4,162		4,108		4,162
			Secured Debt	(9)	9/6/2022		11.44%	SF+	6.00%		9/6/2028	19,717		19,258		19,717
			Secured Debt	(9)	6/21/2023		11.44%	SF+	6.00%		9/6/2028	1,366		1,306		1,366
													24,617		25,245
Acumera, Inc.	(10)	Managed Security Service Provider
			Secured Debt	(9) (25)	6/7/2023			SF+	7.00%		6/7/2028	—		(1)		(1)
			Secured Debt	(9)	6/7/2023		12.44%	SF+	7.00%		6/7/2028	24,482		24,243		24,482
			Warrants	(35)	6/7/2023	17,525					5/19/2028		—		110
													24,242		24,591
Adams Publishing Group, LLC	(10)	Local Newspaper Operator
			Secured Debt	(9) (33)	3/11/2022		11.00%	SF+	7.00%	1.00%	3/11/2027	7,880		7,880		7,582
			Secured Debt	(9) (33)	3/11/2022		11.00%	SF+	7.00%	1.00%	3/11/2027	20,033		20,000		19,253
													27,880		26,835
ADS Tactical, Inc.	(11)	Value-Added Logistics and Supply Chain Provider to the Defense Industry
			Secured Debt	(9)	3/29/2021		13.25%	P+	4.75%		3/19/2026	6,404		6,365		6,431

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
AMEREQUIP LLC	(10)	Full Services Provider Including Design, Engineering and Manufacturing of Commercial and Agricultural Equipment
			Common Stock	(8)	8/31/2022	235							1,844		1,920
American Health Staffing Group, Inc.	(10)	Healthcare Temporary Staffing
			Secured Debt	(9) (25)	11/19/2021			P+	5.00%		11/19/2026	—		(6)		(6)
			Secured Debt	(9)	11/19/2021		11.61%	SF+	6.00%		11/19/2026	6,517		6,485		6,517
													6,479		6,511
American Nuts, LLC	(10)	Roaster, Mixer and Packager of Bulk Nuts and Seeds
			Secured Debt	(9)	3/11/2022		15.20%	SF+	9.75%	15.20%	4/10/2026	6,977		6,938		5,787
			Secured Debt	(9)	3/11/2022		15.20%	SF+	9.75%	15.20%	4/10/2026	11,351		11,279		9,416
			Secured Debt	(9) (14)	3/11/2022		17.20%	SF+	11.75%	17.20%	4/10/2026	5,705		5,645		3,526
			Secured Debt	(9) (14)	3/11/2022		17.20%	SF+	11.75%	17.20%	4/10/2026	9,283		9,169		5,736
													33,031		24,465
American Teleconferencing Services, Ltd.	(11)	Provider of Audio Conferencing and Video Collaboration Solutions
			Secured Debt	(14) (17)	9/17/2021						4/7/2023	3,166		2,989		76
			Secured Debt	(14) (17)	5/19/2016						6/8/2023	15,489		13,757		374
													16,746		450
ArborWorks, LLC	(10)	Vegetation Management Services
			Secured Debt	(9)	11/6/2023		15.00%			15.00%	11/6/2028	3,817		3,817		3,817
			Secured Debt	(9)	11/6/2023		11.99%	SF+	6.50%	11.99%	11/6/2028	7,592		7,592		7,592
			Preferred Equity		11/6/2023	32,507							14,060		12,552
			Preferred Equity		11/6/2023	32,507							—		—
			Common Equity		11/9/2021	3,898							234		—
													25,703		23,961
Archer Systems, LLC	(10)	Mass Tort Settlement Administration Solutions Provider
			Common Stock		8/11/2022	1,387,832							1,388		2,210
ATS Operating, LLC	(10)	For-Profit Thrift Retailer
			Secured Debt	(9) (32)	1/18/2022		12.06%	SF+	6.50%		1/18/2027	756		756		756
			Secured Debt	(9)	1/18/2022		11.06%	SF+	5.50%		1/18/2027	6,660		6,660		6,660
			Secured Debt	(9)	1/18/2022		13.06%	SF+	7.50%		1/18/2027	6,660		6,660		6,660
			Common Stock		1/18/2022	720,000							720		720
													14,796		14,796
AVEX Aviation Holdings, LLC	(10)	Specialty Aircraft Dealer & MRO Provider

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt	(9) (25)	12/23/2022			SF+	7.25%		12/23/2027	—		(105)		(105)
			Secured Debt	(9)	12/23/2022		12.74%	SF+	7.25%		12/23/2027	24,383		23,699		24,378
			Common Equity	(8)	12/15/2021	984							965		892
													24,559		25,165
Berry Aviation, Inc.	(10)	Charter Airline Services
			Preferred Member Units		3/8/2024	286,109							286		878
			Preferred Member Units	(29)	11/12/2019	122,416							—		10
			Preferred Member Units	(29)	7/6/2018	1,548,387							—		110
													286		998
Bettercloud, Inc.	(10)	SaaS Provider of Workflow Management and Business Application Solutions
			Secured Debt	(9) (25)	6/30/2022			SF+	10.25%		6/30/2028	—		(55)		(55)
			Secured Debt	(9)	6/30/2022		15.60%	SF+	10.25%	9.25%	6/30/2028	30,342		29,989		28,880
													29,934		28,825
Binswanger Enterprises, LLC	(10)	Glass Repair and Installation Service Provider
			Member Units		3/10/2017	1,050,000							1,050		580
Bluestem Brands, Inc.	(11)	Multi-Channel Retailer of General Merchandise
			Secured Debt		1/9/2024		13.94%	SF+	8.50%	12.94%	8/28/2025	180		55		164
			Secured Debt	(9)	10/19/2022		16.00%	P+	7.50%	15.00%	8/28/2025	2,828		2,828		2,588
			Secured Debt	(9)	8/28/2020		13.94%	SF+	8.50%	12.94%	8/28/2025	3,923		3,504		3,589
			Common Stock		10/1/2020	723,184							1		—
			Warrants	(27)	10/19/2022	163,295					10/19/2032		1,036		—
													7,424		6,341
Bond Brand Loyalty ULC	(10) (13) (21)	Provider of Loyalty Marketing Services
			Secured Debt	(9) (25)	5/1/2023			SF+	7.00%		5/1/2028	—		(22)		(22)
			Secured Debt	(9)	5/1/2023		11.45%	SF+	6.00%		5/1/2028	6,357		6,259		6,357
			Secured Debt	(9)	5/1/2023		13.45%	SF+	8.00%		5/1/2028	6,357		6,259		6,357
			Preferred Equity		5/1/2023	571							571		500
			Common Equity		5/1/2023	571							—		—
													13,067		13,192
BP Loenbro Holdings Inc.	(10)	Specialty Industrial Maintenance Services
			Secured Debt	(9)	2/1/2024		11.44%	SF+	6.00%		2/1/2029	1,648		1,599		1,632
			Secured Debt	(9) (25)	2/1/2024			SF+	6.00%		2/1/2029	—		(25)		(25)
			Secured Debt	(9)	2/1/2024		11.43%	SF+	6.00%		2/1/2029	26,506		26,019		26,241
			Common Equity		2/1/2024	2,333,333							2,333		2,333
													29,926		30,181
Brainworks Software, LLC	(10)	Advertising Sales and Newspaper Circulation Software

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt	(9) (14) (17)	8/12/2014		15.75%	P+	7.25%	7/22/2019	761		761		761
			Secured Debt	(9) (14) (17)	8/12/2014		15.75%	P+	7.25%	7/22/2019	7,056		7,056		750
												7,817		1,511
Brightwood Capital Fund Investments	(12) (13)	Investment Partnership
			LP Interests (Brightwood Capital Fund III, LP)	(30)	7/21/2014	1.59%						5,870		3,614
			LP Interests (Brightwood Capital Fund IV, LP)	(8) (30)	10/26/2016	0.59%						4,300		4,308
			LP Interests (Brightwood Capital Fund V, LP)	(8) (30)	7/12/2021	0.72%						2,500		2,711
												12,670		10,633
Burning Glass Intermediate Holding Company, Inc.	(10)	Provider of Skills-Based Labor Market Analytics
			Secured Debt	(9) (25)	6/14/2021			SF+	5.00%	6/10/2026	—		(16)		—
			Secured Debt	(9)	6/14/2021		10.44%	SF+	5.00%	6/10/2028	19,885		19,684		19,885
												19,668		19,885
CAI Software LLC		Provider of Specialized Enterprise Resource Planning Software
			Preferred Equity		12/13/2021	2,142,167						2,142		2,227
			Preferred Equity		12/13/2021	596,176						—		—
												2,142		2,227
CaseWorthy, Inc.	(10)	SaaS Provider of Case Management Solutions
			Common Equity		12/30/2022	245,926						246		490
												246		490
Central Moloney, LLC	(10)	Manufacturer of Electricity Transformers and Related Equipment
			Secured Debt	(9)	2/9/2024		12.08%	SF+	6.75%	10/20/2028	39,801		39,067		39,404
Channel Partners Intermediateco, LLC	(10)	Outsourced Consumer Services Provider
			Secured Debt	(9) (32)	2/7/2022		12.58%	SF+	7.00%	2/7/2027	4,661		4,518		4,394
			Secured Debt	(9)	2/7/2022		12.55%	SF+	7.00%	2/7/2027	36,354		35,966		34,272
			Secured Debt	(9)	6/24/2022		12.55%	SF+	7.00%	2/7/2027	2,014		1,993		1,899
			Secured Debt	(9)	3/27/2023		12.55%	SF+	7.00%	2/7/2027	4,868		4,783		4,589
												47,260		45,154
Clarius BIGS, LLC	(10)	Prints & Advertising Film Financing
			Secured Debt	(14) (17)	9/23/2014					1/5/2015	2,677		2,677		16
Computer Data Source, LLC	(10)	Third Party Maintenance Provider to the Data Center Ecosystem

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt	(9) (32)	8/6/2021		13.47%	SF+	8.00%		8/6/2026	6,000		5,891		5,911
			Secured Debt	(9) (25)	3/29/2024			SF+	8.00%		8/6/2026	—		(149)		(149)
			Secured Debt	(9)	8/6/2021		13.47%	SF+	8.00%		8/6/2026	18,175		18,019		17,906
													23,761		23,668
Construction Supply Investments, LLC	(10)	Distribution Platform of Specialty Construction Materials to Professional Concrete and Masonry Contractors
			Member Units		12/29/2016	861,618							3,335		22,430
Coregistics Buyer LLC	(10) (21)	Contract Packaging Service Provider
			Secured Debt	(9)	6/29/2024			SF+	6.50%		6/28/2029	477		389		389
			Secured Debt	(9)	6/29/2024		11.83%	SF+	6.50%		6/28/2029	10,731		10,476		10,476
			Secured Debt	(9)	6/29/2024		12.01%	SF+	6.75%		6/28/2029	32,192		31,392		31,392
													42,257		42,257
CQ Fluency, LLC	(10)	Global Language Services Provider
			Secured Debt	(9) (25)	12/27/2023			SF+	7.00%		6/27/2027	—		(57)		(57)
			Secured Debt	(9) (25)	12/27/2023			SF+	7.00%		6/27/2027	—		(57)		(57)
			Secured Debt	(9)	12/27/2023		12.44%	SF+	7.00%		6/27/2027	11,109		10,829		11,001
													10,715		10,887
Creative Foam Corporation	(10)	Manufacturer of Custom Engineered Die Cut, Formed Foam, Nonwoven, and Multi-material Component Solutions For The Automotive and Healthcare Markets
			Secured Debt	(9) (25)	6/27/2024			SF+	5.75%		6/27/2029	—		(302)		(302)
			Secured Debt	(9)	6/27/2024		11.09%	SF+	5.75%		6/27/2029	107,625		105,508		105,508
													105,206		105,206
Dalton US Inc.	(10)	Provider of Supplemental Labor Services
			Common Stock		8/16/2022	515							720		830
DTE Enterprises, LLC	(10)	Industrial Powertrain Repair and Services
			Class AA Preferred Member Units (non-voting)	(8)	4/13/2018		10.00%			10.00%			1,316		855
			Class A Preferred Member Units		4/13/2018	776,316	8.00%			8.00%			776		—
													2,092		855
Dynamic Communities, LLC	(10)	Developer of Business Events and Online Community Groups
			Secured Debt	(9)	12/20/2022		11.44%	SF+	6.00%	11.44%	12/31/2026	2,184		2,026		2,026
			Secured Debt	(9)	12/20/2022		13.44%	SF+	8.00%	13.44%	12/31/2026	2,252		2,018		1,998
			Preferred Equity		12/20/2022	125,000							128		60
			Preferred Equity		12/20/2022	2,376,241							—		—
			Common Equity		12/20/2022	1,250,000							—		—
													4,172		4,084

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Dynata, LLC	(11)	Provider of Outsourced Online Surveying
			Secured Debt	(9)	6/17/2024		14.21%	SF+	8.75%	8/6/2024	646		635		653
Eastern Wholesale Fence LLC	(10)	Manufacturer and Distributor of Residential and Commercial Fencing Solutions
			Secured Debt	(9) (32)	11/19/2020		13.49%	SF+	8.00%	10/30/2025	2,826		2,792		2,692
			Secured Debt	(9)	11/19/2020		13.48%	SF+	8.00%	10/30/2025	4,402		4,371		4,193
			Secured Debt	(9)	11/19/2020		13.48%	SF+	8.00%	10/30/2025	8,781		8,713		8,364
			Secured Debt	(9)	4/20/2021		13.48%	SF+	8.00%	10/30/2025	1,821		1,809		1,735
			Secured Debt	(9)	10/14/2021		13.48%	SF+	8.00%	10/30/2025	9,964		9,899		9,492
												27,584		26,476
Emerald Technologies Acquisition Co, Inc.	(11)	Design & Manufacturing
			Secured Debt	(9)	2/10/2022		11.75%	SF+	6.25%	12/29/2027	9,716		9,535		8,744
EnCap Energy Fund Investments	(12) (13)	Investment Partnership
			LP Interests (EnCap Energy Capital Fund VIII, L.P.)	(8) (30)	1/22/2015	0.14%						3,567		1,843
			LP Interests (EnCap Energy Capital Fund VIII Co-Investors, L.P.)	(8) (30)	1/21/2015	0.38%						1,980		899
			LP Interests (EnCap Energy Capital Fund IX, L.P.)	(8) (30)	1/22/2015	0.10%						3,209		1,127
			LP Interests (EnCap Energy Capital Fund X, L.P.)	(8) (30)	3/25/2015	0.15%						7,142		6,081
			LP Interests (EnCap Energy Capital Fund XII, L.P.)	(30)	8/31/2023	0.41%						4,391		4,391
			LP Interests (EnCap Flatrock Midstream Fund II, L.P.)	(8) (30)	3/30/2015	0.84%						5,083		1,566
			LP Interests (EnCap Flatrock Midstream Fund III, L.P.)	(8) (30)	3/27/2015	0.25%						4,378		3,939
												29,750		19,846
Engineering Research & Consulting, LLC	(10)	Provider of Engineering & Consulting Services to US Department of Defense
			Secured Debt	(9) (32)	5/23/2022		14.00%	P+	5.50%	5/23/2027	328		298		328
			Secured Debt	(9)	5/23/2022		11.94%	SF+	6.50%	5/23/2028	16,052		15,845		15,827
												16,143		16,155
Escalent, Inc.	(10)	Market Research and Consulting Firm
			Secured Debt	(9) (25)	4/7/2023			SF+	8.00%	4/7/2029	—		(31)		(31)
			Secured Debt	(9)	4/7/2023		13.43%	SF+	8.00%	4/7/2029	26,180		25,554		26,180
			Common Equity		4/7/2023	649,794						663		780

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
													26,186		26,929
Event Holdco, LLC	(10)	Event and Learning Management Software for Healthcare Organizations and Systems
			Secured Debt	(9)	12/22/2021		13.60%	SF+	8.00%		12/22/2026	3,692		3,674		3,692
			Secured Debt	(9)	12/22/2021		13.60%	SF+	8.00%	8.00%	12/22/2026	45,974		45,754		45,712
													49,428		49,404
Fuse, LLC	(11)	Cable Networks Operator
			Secured Debt		6/30/2019		12.00%				12/31/2026	1,810		1,810		1,076
			Common Stock		6/30/2019	10,429							256		—
													2,066		1,076
Garyline, LLC	(10)	Manufacturer of Consumer Plastic Products
			Secured Debt	(9) (32)	11/10/2023		11.93%	SF+	6.50%		11/10/2028	2,824		2,594		2,812
			Secured Debt	(9)	11/10/2023		11.93%	SF+	6.50%		11/10/2028	32,308		31,464		32,178
			Common Equity		11/10/2023	705,882							706		810
													34,764		35,800
GS HVAM Intermediate, LLC	(10)	Specialized Food Distributor
			Secured Debt	(9) (25)	10/18/2019			SF+	6.50%		11/30/2025	—		(9)		(9)
			Secured Debt	(25)	10/18/2019						11/30/2025	—		(5)		(5)
			Secured Debt	(9)	10/18/2019		11.94%	SF+	6.50%		11/30/2025	10,568		10,526		10,568
			Secured Debt	(9)	9/15/2023		11.94%	SF+	6.50%		11/30/2025	947		945		947
			Secured Debt	(9)	12/22/2023		11.94%	SF+	6.50%		11/30/2025	226		224		226
													11,681		11,727
GULF PACIFIC ACQUISITION, LLC	(10)	Rice Processor and Merchandiser
			Secured Debt	(9) (32)	9/30/2022		11.48%	SF+	6.00%		9/30/2028	707		693		703
			Secured Debt	(9)	9/30/2022		11.45%	SF+	6.00%		9/30/2028	299		286		297
			Secured Debt	(9)	9/30/2022		11.48%	SF+	6.00%		9/30/2028	3,597		3,545		3,561
													4,524		4,561
HDC/HW Intermediate Holdings	(10)	Managed Services and Hosting Provider
			Secured Debt	(9)	3/7/2024		9.10%	SF+	3.50%	2.50%	6/21/2026	2,393		2,264		2,264
			Secured Debt	(14)	3/7/2024		2.50%			2.50%	6/21/2026	1,626		713		638
			Common Equity		3/7/2024	64,029							—		—
													2,977		2,902
HEADLANDS OP-CO LLC	(10)	Clinical Trial Sites Operator
			Secured Debt	(9) (25)	8/1/2022			SF+	6.50%		8/1/2027	—		(42)		(42)
			Secured Debt	(9)	8/1/2022		11.84%	SF+	6.50%		8/1/2027	6,699		6,604		6,699
			Secured Debt	(9) (25)	6/3/2024			SF+	6.50%		8/1/2027	—		(66)		(66)
			Secured Debt	(9)	8/1/2022		11.84%	SF+	6.50%		8/1/2027	16,538		16,334		16,537
			Secured Debt	(9)	6/3/2024		11.83%	SF+	6.50%		8/1/2027	8,080		8,001		8,080
													30,831		31,208

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
HOWLCO LLC	(11) (13) (21)	Provider of Accounting and Business Development Software to Real Estate End Markets
			Secured Debt	(9)	8/19/2021		11.98%	SF+	6.50%	3.50%	10/23/2026	25,778		25,778		25,494
Hybrid Promotions, LLC	(10)	Wholesaler of Licensed, Branded and Private Label Apparel
			Secured Debt	(9)	6/30/2021		15.81%	SF+	8.25%	2.00%	6/30/2026	7,236		7,127		7,196
IG Parent Corporation	(11)	Software Engineering
			Secured Debt	(9) (25)	7/30/2021			SF+	5.75%		7/30/2026	—		(16)		—
			Secured Debt	(9)	7/30/2021		11.19%	SF+	5.75%		7/30/2028	10,154		10,062		10,154
			Secured Debt	(9)	7/30/2021		11.19%	SF+	5.75%		7/30/2028	4,928		4,880		4,928
													14,926		15,082
Imaging Business Machines, L.L.C.	(10)	Technology Hardware & Equipment
			Secured Debt	(9)	6/8/2023		12.28%	SF+	7.00%		6/30/2028	791		718		791
			Secured Debt	(9)	6/8/2023		12.25%	SF+	7.00%		6/30/2028	20,663		20,175		20,663
			Common Equity		6/8/2023	849							1,166		1,150
													22,059		22,604
Implus Footcare, LLC	(10)	Provider of Footwear and Related Accessories
			Secured Debt	(9)	6/1/2017		14.24%	SF+	7.75%	1.00%	7/31/2025	18,647		18,640		17,852
Insight Borrower Corporation	(10)	Test, Inspection, and Certification Instrument Provider
			Secured Debt	(9) (25)	7/19/2023			SF+	6.25%		7/19/2028	—		(62)		(62)
			Secured Debt	(9) (25)	7/19/2023			SF+	6.25%		7/19/2029	—		(52)		(52)
			Secured Debt	(9)	7/19/2023		11.58%	SF+	6.25%		7/19/2029	14,334		13,973		13,782
			Common Equity		7/19/2023	131,100							656		370
													14,515		14,038
Inspire Aesthetics Management, LLC	(10)	Surgical and Non-Surgical Plastic Surgery and Aesthetics Provider
			Secured Debt	(9) (32)	4/3/2023		13.44%	SF+	8.00%		4/3/2028	790		773		723
			Secured Debt	(9)	4/3/2023		13.43%	SF+	8.00%		4/3/2028	7,271		7,129		6,651
			Secured Debt	(9)	6/14/2023		13.43%	SF+	8.00%		4/3/2028	2,925		2,872		2,675
			Common Equity		4/3/2023	131,569							417		90
													11,191		10,139
Interface Security Systems, L.L.C	(10)	Commercial Security & Alarm Services
			Secured Debt	(17) (32)	12/9/2021		15.44%	SF+	10.00%	15.43%	8/7/2023	1,922		1,922		1,767
			Secured Debt	(9) (14) (17)	8/7/2019		12.44%	SF+	7.00%	12.44%	8/7/2023	7,313		7,237		99

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Common Stock		12/7/2021	2,143							—		—
													9,159		1,866
Invincible Boat Company, LLC.	(10)	Manufacturer of Sport Fishing Boats
			Secured Debt	(9) (25) (32)	8/28/2019			SF+	6.50%		8/28/2025	—		(2)		(2)
			Secured Debt	(9)	8/28/2019		11.98%	SF+	6.50%		8/28/2025	16,812		16,767		16,517
													16,765		16,515
INW Manufacturing, LLC	(11)	Manufacturer of Nutrition and Wellness Products
			Secured Debt	(9)	5/19/2021		11.35%	SF+	5.75%		3/25/2027	6,986		6,796		5,868
Isagenix International, LLC	(11)	Direct Marketer of Health & Wellness Products
			Secured Debt	(9)	4/13/2023		11.93%	SF+	6.50%	9.43%	4/14/2028	3,017		2,784		2,655
			Common Equity		4/13/2023	198,743							—		—
													2,784		2,655
Island Pump and Tank, LLC	(10)	Provider of Facility and Maintenance Services to Fuel Retailers in Northeast U.S.
			Secured Debt	(9) (25)	5/20/2024			SF+	6.50%		5/17/2029	—		(9)		(9)
			Secured Debt	(9)	5/20/2024		11.10%	SF+	5.50%		5/17/2029	1,735		1,703		1,703
			Secured Debt	(9)	5/20/2024		12.10%	SF+	6.50%		5/17/2029	1,735		1,703		1,703
			Secured Debt	(9)	5/20/2024		13.10%	SF+	7.50%		5/17/2029	1,735		1,703		1,703
													5,100		5,100
Jackmont Hospitality, Inc.	(10)	Franchisee of Casual Dining Restaurants
			Secured Debt	(9) (26)	10/26/2022		12.47%	SF+	7.00%		11/4/2024	825		820		823
			Secured Debt	(9)	2/27/2024		15.46%	SF+	10.00%		11/4/2024	425		415		425
			Secured Debt	(9)	11/8/2021		12.48%	SF+	7.00%		11/4/2024	1,922		1,922		1,918
			Preferred Equity		11/8/2021	2,826,667							110		870
													3,267		4,036
JDC Power Services, LLC	(10)	Provider of Electrical Equipment and Maintenance Services for Datacenters
			Secured Debt	(9) (25)	6/28/2024			SF+	6.75%		6/28/2029	—		(153)		(153)
			Secured Debt	(9)	6/28/2024		12.08%	SF+	6.75%		6/28/2029	52,789		51,491		51,491
													51,338		51,338
Joerns Healthcare, LLC	(11)	Manufacturer and Distributor of Health Care Equipment & Supplies
			Secured Debt	(9) (14)	8/21/2019		21.59%	SF+	16.00%	21.59%	8/21/2024	1,134		1,134		—
			Secured Debt	(9) (14)	8/21/2019		21.59%	SF+	16.00%	21.59%	8/21/2024	1,091		1,091		—
			Secured Debt	(9)	3/30/2024		14.35%	SF+	8.75%	6.00%	3/29/2029	1,975		1,975		1,975
			Secured Debt	(9)	3/30/2024		14.35%	SF+	8.75%	14.35%	3/29/2029	1,200		1,200		1,200
			Common Stock		8/21/2019	472,579							4,429		—
			Common Stock		3/29/2024	5,461,019							200		200

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
													10,029		3,375
JTI Electrical & Mechanical, LLC	(10)	Electrical, Mechanical and Automation Services
			Secured Debt	(9) (32)	12/22/2021		11.83%	SF+	6.25%		12/22/2026	8,421		8,337		8,057
			Secured Debt	(9)	12/22/2021		11.83%	SF+	6.25%		12/22/2026	35,526		35,161		33,990
			Secured Debt	(9)	2/1/2024		11.83%	SF+	6.25%		12/22/2026	3,326		3,240		3,182
			Common Equity		12/22/2021	1,684,211							1,684		1,120
													48,422		46,349
KMS, LLC	(10)	Wholesaler of Closeout and Value-priced Products
			Secured Debt	(9)	10/4/2021		12.73%	SF+	7.25%		10/4/2026	1,028		1,002		968
			Secured Debt	(9)	10/4/2021		12.73%	SF+	7.25%		10/4/2026	7,410		7,340		6,974
													8,342		7,942
Lightbox Holdings, L.P.	(11)	Provider of Commercial Real Estate Software
			Secured Debt		5/9/2019		10.46%	SF+	5.00%		5/9/2026	15,607		15,504		15,139
LKCM Headwater Investments I, L.P.	(12) (13)	Investment Partnership
			LP Interests	(8) (30)	1/25/2013	2.27%							1,746		2,841
LL Management, Inc.	(10)	Medical Transportation Service Provider
			Secured Debt	(9)	5/2/2019		12.68%	SF+	7.25%		12/31/2025	8,623		8,530		8,623
			Secured Debt	(9)	5/2/2019		12.68%	SF+	7.25%		12/31/2025	5,512		5,452		5,512
			Secured Debt	(9)	11/20/2020		12.68%	SF+	7.25%		12/31/2025	2,892		2,861		2,892
			Secured Debt	(9)	2/26/2021		12.68%	SF+	7.25%		12/31/2025	1,124		1,112		1,124
			Secured Debt	(9)	5/12/2022		12.67%	SF+	7.25%		12/31/2025	11,382		11,256		11,382
													29,211		29,533
LLFlex, LLC	(10)	Provider of Metal-Based Laminates
			Secured Debt	(9)	8/16/2021		14.98%	SF+	9.00%	0.50%	8/16/2026	4,408		4,335		3,900
Logix Acquisition Company, LLC	(10)	Competitive Local Exchange Carrier
			Secured Debt	(9)	1/8/2018		13.25%	P+	4.75%		12/22/2024	24,809		24,269		19,266
Looking Glass Investments, LLC	(12) (13)	Specialty Consumer Finance
			Member Units		7/1/2015	3							125		25
Mako Steel, LP	(10)	Self-Storage Design & Construction
			Secured Debt	(9) (25)	3/15/2021			SF+	6.75%		3/15/2026	—		(21)		—
			Secured Debt	(9)	3/15/2021		12.99%	SF+	7.50%		3/15/2026	14,726		14,623		14,726
			Secured Debt	(9)	3/28/2024		12.99%	SF+	7.50%		3/15/2026	4,500		4,386		4,500

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
													18,988		19,226
Microbe Formulas, LLC	(10)	Nutritional Supplements Provider
			Secured Debt	(9) (25)	4/4/2022			SF+	6.25%		4/3/2028	—		(45)		(45)
			Secured Debt	(9)	4/4/2022		11.42%	SF+	6.00%		4/3/2028	21,448		21,171		21,448
													21,126		21,403
Mills Fleet Farm Group, LLC	(10)	Omnichannel Retailer of Work, Farm and Lifestyle Merchandise
			Secured Debt	(9)	10/24/2018		12.56%	SF+	7.00%		12/31/2026	22,495		22,139		22,135
Mini Melts of America, LLC	(10)	Manufacturer and Distributor of Branded Premium Beaded Ice Cream
			Secured Debt	(9) (32)	11/30/2023		11.58%	SF+	6.25%		11/30/2028	1,356		1,318		1,356
			Secured Debt	(9) (26)	11/30/2023		11.59%	SF+	6.25%		11/30/2028	1,034		1,008		1,034
			Secured Debt	(9)	11/30/2023		10.60%	SF+	5.25%		11/30/2028	4,929		4,824		4,929
			Secured Debt	(9)	11/30/2023		12.60%	SF+	7.25%		11/30/2028	4,929		4,820		4,929
			Common Equity		11/30/2023	459,657							460		460
													12,430		12,708
MonitorUS Holding, LLC	(10) (13) (21)	SaaS Provider of Media Intelligence Services
			Secured Debt		5/24/2022		14.00%			4.00%	5/24/2027	3,968		3,925		3,901
			Secured Debt		5/24/2022		14.00%			4.00%	5/24/2027	10,418		10,296		11,060
			Secured Debt		5/24/2022		14.00%			4.00%	5/24/2027	17,563		17,370		17,563
			Unsecured Debt		11/14/2023		8.00%			8.00%	3/31/2025	163		163		163
			Common Stock		8/30/2022	44,445,814							889		678
													32,643		33,365
NinjaTrader, LLC	(10)	Operator of Futures Trading Platform
			Secured Debt	(9) (25)	12/18/2019			SF+	7.00%		12/18/2026	—		(7)		(7)
			Secured Debt	(9)	12/18/2019		12.45%	SF+	7.00%		12/18/2026	28,605		28,319		28,605
													28,312		28,598
Obra Capital, Inc.	(10)	Provider of asset management services specialized in insurance-linked strategies
			Secured Debt	(9) (25)	6/21/2024			SF+	7.50%		12/21/2028	—		(4)		(4)
			Secured Debt	(9)	6/21/2024		12.95%	SF+	7.50%		6/21/2029	26,352		25,575		25,575
													25,571		25,571
OnPoint	(10)	Environmental & Facilities Services
			Secured Debt	(9)	4/1/2024		12.33%	SF+	7.00%		11/16/2027	3,880		3,845		3,845
Ospemifene Royalty Sub LLC	(10)	Estrogen-Deficiency Drug Manufacturer and Distributor
			Secured Debt	(14)	7/8/2013						11/15/2026	4,421		4,421		35

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
Peaches Holding Corporation · Wholesale Provider of Consumer Packaging Solutions
			Common Equity		5/22/2024	3,226							7,221		7,221
Power System Solutions	(10)	Backup Power Generation
			Secured Debt	(9) (25)	6/7/2023			SF+	6.50%		6/7/2028	—		(73)		(73)
			Secured Debt	(9)	6/7/2023		11.84%	SF+	6.50%		6/7/2028	6,155		5,999		6,155
			Secured Debt	(9)	6/7/2023		11.82%	SF+	6.50%		6/7/2028	18,326		17,895		18,326
			Common Equity		6/7/2023	1,234							1,234		2,140
													25,055		26,548
PrimeFlight Aviation Services	(10)	Air Freight & Logistics
			Secured Debt	(9)	5/1/2023		10.83%	SF+	5.50%		5/1/2029	7,920		7,684		7,884
			Secured Debt	(9)	9/7/2023		10.83%	SF+	5.50%		5/1/2029	756		732		753
			Secured Debt	(9)	1/30/2024		10.83%	SF+	5.50%		5/1/2029	760		742		756
			Secured Debt	(9)	6/28/2024		10.58%	SF+	5.25%		5/1/2029	863		851		851
													10,009		10,244
PTL US Bidco, Inc	(10) (13) (21)	Manufacturers of Equipment, Including Drilling Rigs and Equipment, and Providers of Supplies and Services to Companies Involved In the Drilling, Evaluation and Completion of Oil and Gas Wells
			Secured Debt	(9) (32)	8/19/2022		12.24%	SF+	6.75%		8/19/2027	4,930		4,812		4,916
			Secured Debt	(9)	8/19/2022		12.34%	SF+	6.75%		8/19/2027	21,707		21,428		21,646
													26,240		26,562
Purge Rite, LLC	(10)	HVAC Flushing and Filtration Services
			Secured Debt	(9) (25)	10/2/2023			SF+	8.00%		10/2/2028	—		(42)		(42)
			Secured Debt	(9)	10/2/2023		13.57%	SF+	8.00%		10/2/2028	9,844		9,635		9,844
			Preferred Equity		10/2/2023	32,813							3,248		3,248
			Common Equity		4/1/2024	32,813							33		290
													12,874		13,340
RA Outdoors LLC	(10)	Software Solutions Provider for Outdoor Activity Management
			Secured Debt	(9)	4/8/2021		12.19%	SF+	6.75%		4/8/2026	1,278		1,272		1,222
			Secured Debt	(9)	4/8/2021		12.19%	SF+	6.75%		4/8/2026	13,369		13,300		12,786
													14,572		14,008
Richardson Sales Solutions	(10)	Business Services
			Secured Debt	(9) (32)	8/24/2023		11.82%	SF+	6.50%		8/24/2028	5,067		4,996		5,067
			Secured Debt	(9)	8/24/2023		11.82%	SF+	6.50%		8/24/2028	39,598		38,494		39,598
													43,490		44,665
Roof Opco, LLC	(10)	Residential Re-Roofing/Repair
			Secured Debt	(9) (25)	8/27/2021			SF+	6.50%		8/27/2026	—		(7)		—
			Secured Debt	(9)	8/27/2021		12.56%	SF+	7.00%	0.50%	8/27/2026	3,376		3,323		3,369

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt	(9)	8/27/2021		14.56%	SF+	9.00%	0.50%	8/27/2026	3,376		3,323		3,327
													6,639		6,696
Rug Doctor, LLC.	(10)	Carpet Cleaning Products and Machinery
			Secured Debt	(9)	7/16/2021		13.52%	SF+	6.00%	2.00%	11/16/2025	5,828		5,814		5,828
			Secured Debt	(9)	7/16/2021		13.52%	SF+	6.00%	2.00%	11/16/2025	7,787		7,741		7,787
													13,555		13,615
South Coast Terminals Holdings, LLC	(10)	Specialty Toll Chemical Manufacturer
			Secured Debt	(9) (25)	12/10/2021			SF+	6.00%		12/13/2026	—		(44)		(44)
			Secured Debt	(9)	12/10/2021		11.44%	SF+	6.00%		12/13/2026	33,249		32,922		33,249
			Common Equity		12/10/2021	864							864		835
													33,742		34,040
SPAU Holdings, LLC	(10)	Digital Photo Product Provider
			Secured Debt	(9)	7/1/2022		12.98%	SF+	7.50%		7/1/2027	1,533		1,495		1,533
			Secured Debt	(9)	7/1/2022		12.98%	SF+	7.50%		7/1/2027	15,648		15,458		15,648
			Common Stock		7/1/2022	638,710							639		610
													17,592		17,791
Stellant Systems, Inc.	(11)	Manufacturer of Traveling Wave Tubes and Vacuum Electronic Devices
			Secured Debt	(9)	10/22/2021		11.04%	SF+	5.50%		10/1/2028	7,936		7,892		7,970
			Secured Debt	(9)	11/7/2023		11.19%	SF+	5.75%		10/1/2028	9,131		8,899		9,171
													16,791		17,141
Team Public Choices, LLC	(11)	Home-Based Care Employment Service Provider
			Secured Debt	(9)	12/22/2020		10.58%	SF+	5.00%		12/18/2027	14,728		14,540		14,741
Tectonic Financial, LLC		Financial Services Organization
			Common Stock	(8)	5/15/2017	200,000							2,000		4,720
Tex Tech Tennis, LLC	(10)	Sporting Goods & Textiles
			Preferred Equity	(29)	7/7/2021	1,000,000							1,000		2,680
Titan Meter Midco Corp.	(10)	Value Added Distributor of a Variety of Metering and Measurement Products and Solutions to the Energy Industry
			Secured Debt	(9) (25)	3/11/2024			SF+	6.50%		3/11/2029	—		(118)		(118)
			Secured Debt	(9)	3/11/2024		11.83%	SF+	6.50%		3/11/2029	34,098		32,983		33,417
			Preferred Equity		3/11/2024	1,218,750							1,219		1,219
													34,084		34,518
U.S. TelePacific Corp.	(11)	Provider of Communications and Managed Services
			Secured Debt	(9) (14)	6/1/2023		12.50%	SF+	7.15%	6.00%	5/2/2027	9,871		3,628		4,025
			Secured Debt	(14)	6/1/2023						5/2/2027	1,003		20		—
													3,648		4,025

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
UserZoom Technologies, Inc.	(10)	Provider of User Experience Research Automation Software
			Secured Debt	(9)	1/11/2023		12.81%	SF+	7.50%	4/5/2029	4,000		3,909		4,000
Veregy Consolidated, Inc.	(11)	Energy Service Company
			Secured Debt	(9) (25)	11/9/2020			SF+	5.25%	11/3/2025	—		(296)		(296)
			Secured Debt	(9)	11/9/2020		11.59%	SF+	6.00%	11/3/2027	17,740		17,523		17,794
												17,227		17,498
Vistar Media, Inc.	(10)	Operator of Digital Out-of-Home Advertising Platform
			Preferred Stock		4/3/2019	70,207						767		2,320
Vitesse Systems	(10)	Component Manufacturing and Machining Platform
			Secured Debt	(9) (38)	12/22/2023		12.59%			12/22/2028	5,409		5,272		5,372
			Secured Debt	(9)	12/22/2023		12.46%	SF+	7.00%	12/22/2028	42,288		41,352		42,000
												46,624		47,372
VORTEQ Coil Finishers, LLC	(10)	Specialty Coating of Aluminum and Light-Gauge Steel
			Common Equity	(8)	11/30/2021	1,038,462						1,038		2,570
Wall Street Prep, Inc.	(10)	Financial Training Services
			Secured Debt	(9) (25)	7/19/2021			SF+	7.00%	7/19/2026	—		(3)		(3)
			Secured Debt	(9)	7/19/2021		12.45%	SF+	7.00%	7/19/2026	3,414		3,385		3,414
			Common Stock		7/19/2021	400,000						400		880
												3,782		4,291
Watterson Brands, LLC	(10)	Facility Management Services
			Secured Debt	(9)	12/17/2021		11.73%	SF+	6.25%	12/17/2026	2,223		2,200		2,223
			Secured Debt	(9)	12/17/2021		11.73%	SF+	6.25%	12/17/2026	384		365		384
			Secured Debt	(9)	12/17/2021		11.73%	SF+	6.25%	12/17/2026	15,805		15,680		15,805
			Secured Debt	(9)	12/17/2021		11.73%	SF+	6.25%	12/17/2026	12,642		12,541		12,642
												30,786		31,054
West Star Aviation Acquisition, LLC	(10)	Aircraft, Aircraft Engine and Engine Parts
			Secured Debt	(9) (26)	3/1/2022		10.33%	SF+	5.00%	3/1/2028	2,393		2,355		2,393
			Secured Debt	(9)	3/1/2022		10.33%	SF+	5.00%	3/1/2028	10,604		10,463		10,604
			Secured Debt	(9)	11/3/2023		10.33%	SF+	5.00%	3/1/2028	5,277		5,179		5,277
			Common Stock	(8)	3/1/2022	1,541,400						1,541		4,580
												19,538		22,854
Winter Services LLC	(10)	Provider of Snow Removal and Ice Management Services
			Secured Debt	(9)	11/19/2021		13.56%	SF+	8.00%	11/19/2026	667		618		655

Portfolio Company (1) (20) · Business Description · Type of Investment (2) (3) (15) · Investment Date(24) · Shares/Units · Total Rate · Reference Rate and Spread (28) · PIK Rate (19) · MaturityDate · Principal (4) · Cost (4) · Fair Value (18)
			Secured Debt	(9)	11/19/2021	13.56%	SF+	8.00%		11/19/2026	1,874		1,851		1,841
			Secured Debt	(9)	1/16/2024	12.56%	SF+	7.00%		11/19/2026	7,240		7,102		7,112
			Secured Debt	(9)	1/16/2024	14.56%	SF+	9.00%		11/19/2026	7,240		7,102		7,112
												16,673		16,720
Xenon Arc, Inc.	(10)	Tech-enabled Distribution Services to Chemicals and Food Ingredients Primary Producers
			Secured Debt	(9)	12/17/2021	11.44%	SF+	6.00%		12/20/2028	23,936		23,635		23,935
			Secured Debt	(9)	12/17/2021	11.43%	SF+	6.00%		12/20/2028	37,635		37,205		37,635
												60,840		61,570
YS Garments, LLC	(11)	Designer and Provider of Branded Activewear
			Secured Debt	(9)	8/22/2018	12.92%	SF+	7.50%		8/9/2026	11,092		10,890		10,290
Zips Car Wash, LLC	(10)	Express Car Wash Operator
			Secured Debt	(9)	2/11/2022	12.69%	SF+	7.25%	1.50%	12/31/2024	17,351		17,351		16,633
			Secured Debt	(9)	2/11/2022	12.69%	SF+	7.25%	1.50%	12/31/2024	4,343		4,343		4,164
												21,694		20,797
ZRG Partners, LLC	(10)	Talent Advisory Services Provider
			Secured Debt	(9) (25)	6/14/2024		SF+	6.00%		6/14/2029	$—		(206)		(206)
			Secured Debt	(9) (25)	6/14/2024		SF+	6.00%		6/14/2029	$—		(181)		(181)
			Secured Debt	(9)	6/14/2024	11.26%	SF+	6.00%		6/14/2029	$6,626		6,496		6,496
			Secured Debt	(9)	6/14/2024	11.33%	SF+	6.00%		6/14/2029	$47,498		46,564		46,564
												52,673		52,673
Subtotal Non-Control/Non-Affiliate Investments (74.0% of net assets at fair value)												$1,949,642		$1,909,318
Total Portfolio Investments, June 30, 2024 (183.5% of net assets at fair value)												$4,114,074		$4,737,511
Money market funds (included in cash and cash equivalents)
Dreyfus Government Cash Management (36)												$2,226		$2,226
Fidelity Government Fund (37)												2,307		2,307
Fidelity Treasury (31)												1,353		1,353
Total money market funds												$5,885		$5,885

(1)All investments are Lower Middle Market portfolio investments, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Lower Middle Market portfolio investments. All of the Company’s investments, unless otherwise noted, are encumbered either as security for the Company’s Corporate Facility or SPV Facility (each as defined in Note B.5. — Summary of Significant Accounting Policies —Deferred Financing Costs, and together the “Credit Facilities”) or in support of the SBA-guaranteed debentures issued by the Funds.

(2)Debt investments are income producing, unless otherwise noted by footnote (14), as described below. Equity and warrants are non-income producing, unless otherwise noted by footnote (8), as described below.

(3)See Note C—Fair Value Hierarchy for Investments—Portfolio Composition and Schedule 12-14 for a summary of geographic location of portfolio companies.

(4)Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan.

(5)Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained.

(6)Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments.

(7)Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments.

(8)Income producing through dividends or distributions.

(9)Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule,93% of the loans (based on the par amount) contain Term SOFR (“SOFR”) floors which range between 0.50% and 5.25%, with a weighted-average floor of 1.24%.

(10)Private Loan portfolio investment. See Note C—Fair Value Hierarchy for Investments—Portfolio Composition for a description of Private Loan portfolio investments.

(11)Middle Market portfolio investment. See Note C—Fair Value Hierarchy for Investments—Portfolio Composition for a description of Middle Market portfolio investments.

(12)Other Portfolio investment. See Note C—Fair Value Hierarchy for Investments—Portfolio Composition for a description of Other Portfolio investments.

(13)Investment is not a qualifying asset as defined 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.

(14)Non-accrual and non-income producing debt investment.

(15)All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities.”

(16)External Investment Manager. Investment is not encumbered as security for the Company's Credit Facilities or in support of the SBA-guaranteed debentures issued by the Funds.

(17)Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable.

(18)Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C—Fair Value Hierarchy for Investments—Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.

(19)Investments may have a portion, or all, of their income received from Paid-in-Kind (“PIK”) interest or dividends. PIK interest income and cumulative dividend income represent income not paid currently in cash. The difference between the Total Rate and PIK Rate represents the cash rate as of June 30, 2024.

(20)All portfolio company headquarters are based in the United States, unless otherwise noted.

(21)Portfolio company headquarters are located outside of the United States.

(22)The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate.

(23)The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of 11.75% per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate.

(24)Investment date represents the date of initial investment in the security position.

(25)The position is unfunded and no interest income is being earned as of June 30, 2024. The position may earn a nominal unused facility fee on committed amounts.

(26)Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of June 30, 2024.

(27)Warrants are presented in equivalent shares/units with a strike price of $0.01 per share/unit.

(28)A majority of the variable rate loans in the Company’s Investment Portfolio (defined below) bear interest at a rate that may be determined by reference to either SOFR (“SF”) or an alternate Base Rate (commonly based on the Federal Funds Rate or the Prime Rate (“P”)), which typically resets every one, three, or six months at the borrower’s option. 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 June 30, 2024, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.43%.

(29)Shares/Units represent ownership in a related Real Estate or HoldCo entity.

(30)Investment is not unitized. Presentation is made in percent of fully diluted ownership unless otherwise indicated.

(31)Effective yield as of June 30, 2024 was approximately 4.95% on the Fidelity Treasury.

(32)RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of June 30, 2024.

(33)Index based floating interest rate is subject to contractual maximum base rate of 3.00%.

(34)Index based floating interest rate is subject to contractual maximum base rate of 1.50%.

(35)Warrants are presented in equivalent shares/units with a strike price of $1.00 per share/unit.

(36)Effective yield as of June 30, 2024 was approximately 4.94% on the Dreyfus Government Cash Management.

(37)Effective yield as of June 30, 2024 was approximately 4.97% on the Fidelity Government Fund.

(38)RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. As of June 30, 2024, the facility had contracts running under the terms SOFR+7.00% (Floor 1.00%) and Prime+6.00% (Floor 2.00%). The rate presented represents a weighted-average rate for borrowings under the facility, as of June 30, 2024.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.