Investcorp Credit Management BDC (ICMB) 10-Q 13 Nov 23 2024 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2023	Nov. 13, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Registrant Name	INVESTCORP CREDIT MANAGEMENT BDC, INC.
Entity Central Index Key	0001578348
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--06-30
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		14,394,916
Entity Shell Company	false
Entity File Number	814-01054
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	46-2883380
Entity Address, Address Line One	280 Park Avenue 39th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10017
City Area Code	212
Local Phone Number	599-4700
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	ICMB
Security Exchange Name	NASDAQ

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($)		Sep. 30, 2023		Jun. 30, 2023	Jun. 30, 2022
Assets
Non-controlled, non-affiliated investments, at fair value (amortized cost of $225,962,819 and $219,319,251, respectively)		$ 214,626,088		$ 210,150,018
Affiliated investments, at fair value (amortized cost of $23,940,980 and $23,979,565, respectively)		8,778,195		9,961,311
Total investments, at fair value (amortized cost of $249,903,799 and $243,298,816, respectively)		223,404,283		220,111,329
Cash		90,773		1,093,758
Cash, restricted		14,204,127		8,057,458
Principal receivable		191,298			$ 93,581
Interest receivable		1,615,135		2,041,877
Payment-in-kind interest receivable		25,738		46,088
Other receivables		1,050		1,050
Prepaid expenses and other assets		225,456		361,719
Total Assets		239,757,860		231,806,860
Notes payable:
Revolving credit facility		69,000,000		71,900,000
2026 Notes payable		65,000,000		65,000,000
Deferred debt issuance costs		(1,047,222)		(1,220,556)
Unamortized discount		(177,775)		(195,553)
Notes payable, net		132,775,003		135,483,891
Payable for investments purchased		14,841,875		1,795,297
Dividend payable		2,158,926		2,590,520
Income-based incentive fees payable		576,023		576,023
Base management fees payable		1,798,508		906,218
Interest payable		3,007,074		2,293,766
Directors' fees payable		5,130		15,755
Accrued expenses and other liabilities		734,504		445,082
Total Liabilities		155,897,043		144,106,552
Net Assets
Common stock, par value $0.001 per share (100,000,000 shares authorized 14,392,841 and 14,391,775 shares issued and outstanding, respectively)		14,393		14,392
Additional paid-in capital		203,331,510		203,327,714
Distributable earnings (loss)		(119,485,086)		(115,641,798)
Total Net Assets		83,860,817		87,700,308
Total Liabilities and Net Assets		$ 239,757,860		$ 231,806,860
Net Asset Value Per Share	[1]	$ 5.83	[2]	$ 6.09	$ 6.5
[1] All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period.

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Statement of Financial Position [Abstract]
Non-controlled non-affiliated investments at amortized cost	$ 225,962,819	$ 219,319,251
Affiliated investment at amortized cost	23,940,980	23,979,565
Investments at amortized cost	$ 249,903,799	$ 243,298,816
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	14,392,841	14,391,775
Common stock, shares outstanding	14,392,841	14,391,775

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Investment Income:
Total interest income	$ 5,465,288	$ 5,588,501
Total payment-in-kind interest income	100,181	181,738
Total dividend income	0	0
Total payment-in-kind dividend income	188,251	166,449
Total other fee income	143,986	361,850
Total investment income	5,897,706	6,298,538
Expenses:
Interest expense	2,215,183	1,792,008
Base management fees	978,919	1,103,981
Income-based incentive fees	0	(147,145)
Provision for tax expense	100,747	44,330
Professional fees	227,407	271,781
Allocation of administrative costs from Adviser	263,375	375,900
Amortization of deferred debt issuance costs	173,333	173,333
Amortization of original issue discount - 2026 Notes	17,777	17,777
Insurance expense	112,984	137,821
Directors' fees	73,375	75,625
Custodian and administrator fees	69,292	71,688
Other expenses	124,277	139,481
Total expenses	4,356,669	4,056,580
Waiver of base management fees	(86,630)	(94,146)
Waiver of income-based incentive fees	0	0
Net expenses	4,270,039	3,962,434
Net Investment Income	1,627,667	2,336,104
Net realized gain (loss) from investments
Net realized gain (loss) from investments	0	0
Net change in unrealized appreciation (depreciation) in value of investments
Net change in unrealized appreciation (depreciation) on investments	(3,312,029)	(678,597)
Total realized gain (loss) and change in unrealized appreciation (depreciation) on investments	(3,312,029)	(678,597)
Net increase (decrease) in net assets resulting from operations	$ (1,684,362)	$ 1,657,507
Net investment income per share - basic	$ 0.11	$ 0.16
Net investment income per share - diluted	0.11	0.16
Earnings per share - basic	(0.12)	0.12
Earnings per share - diluted	$ (0.12)	$ 0.12
Weighted average shares of common stock outstanding - basic	14,392,714	14,386,809
Weighted average shares of common stock outstanding - diluted	14,392,714	14,386,809
Distributions paid per common share	$ 0.15	$ 0.15
Non-controlled, non-affiliated investments
Investment Income:
Total interest income	$ 5,465,288	$ 5,609,112
Total payment-in-kind interest income	81,381	164,734
Total dividend income	0	0
Total payment-in-kind dividend income	188,251	166,449
Total other fee income	143,986	361,850
Net realized gain (loss) from investments
Net realized gain (loss) from investments	0	0
Net change in unrealized appreciation (depreciation) in value of investments
Net change in unrealized appreciation (depreciation) on investments	(2,167,498)	(464,275)
Affiliate investments
Investment Income:
Total interest income	0	(20,611)
Total payment-in-kind interest income	18,800	17,004
Total dividend income	0	0
Total payment-in-kind dividend income	0	0
Total other fee income	0	0
Net realized gain (loss) from investments
Net realized gain (loss) from investments	0	0
Net change in unrealized appreciation (depreciation) in value of investments
Net change in unrealized appreciation (depreciation) on investments	$ (1,144,531)	$ (214,322)

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]
Net assets at beginning of period	$ 87,700,308	$ 93,509,392
Net increase (decrease) in net assets resulting from operations:
Net investment income	1,627,667	2,336,104
Net realized gain (loss) from investments	0	0
Net change in unrealized appreciation (depreciation) on investments	(3,312,029)	(678,597)
Net Income (Loss)	(1,684,362)	1,657,507
Stockholder distributions:
Distributions from net investment income	(2,158,926)	(2,158,042)
Distributions from capital gains	0	0
Net decrease in net assets resulting from stockholder distributions	(2,158,926)	(2,158,042)
Capital transactions:
Issuance of common shares ($0 and $0, respectively)	0	0
Reinvestments of stockholder distributions	3,797	4,763
Net increase (decrease) in net assets resulting from capital transactions	3,797	4,763
Net increase (decrease) in net assets	(3,839,491)	(495,772)
Net assets at end of period	$ 83,860,817	$ 93,013,620

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Net Assets (Unaudited) (Parenthetical) - shares		3 Months Ended
	Sep. 03, 2021	Sep. 30, 2023	Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]
Issuance of common shares	453,985	0	0

Consolidated Statements of Cash

Consolidated Statements of Cashflows (Unaudited) - USD ($)		3 Months Ended				12 Months Ended
		Sep. 30, 2023		Sep. 30, 2022		Jun. 30, 2023
Cash Flows from Operating Activities
Net increase (decrease) in net assets resulting from operations		$ (1,684,362)		$ 1,657,507
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Origination and purchase of investments		(16,226,507)		(21,814,275)
Payment in-kind interest and dividends		(308,782)		(333,580)
Sales and repayments of investments		10,317,357		16,476,699
Net realized (gain) loss on investments		0		0
Net change in unrealized appreciation/depreciation on investments		3,312,029		678,597
Amortization of discount/premium on investments		(387,051)		(501,016)
Amortization of deferred debt issuance costs		173,334		173,333
Amortization of original issue discount		17,778		17,778
Net (increase) decrease in operating assets:
Interest receivable		426,742		366,854
Payment-in-kind interest receivable		20,350		(14,607)
Receivable for investments sold		0		(3,790,703)
Principal receivable		(97,717)		0
Prepaid expenses and other assets		136,263		144,719
Net increase (decrease) in operating liabilities:
Payable for investments purchased		13,046,578		(221,531)
Interest payable		713,308		1,009,235
Directors fees payable		(10,625)		(875)
Accrued expenses and other liabilities		289,422		222,344
Base management fees payable		892,290		1,009,835
Income-based incentive fees payable		0		(147,145)
Net cash (used in) provided by operating activities		10,630,407		(5,066,831)
Cash Flows from Financing Activities:
Distributions to stockholders		(2,586,723)		(2,153,109)
Proceeds from borrowing on revolving financing facility		3,600,000		19,500,000
Repayments of borrowing on revolving financing facility		(6,500,000)		(14,000,000)
Net cash (used in) provided by financing activities		(5,486,723)		3,346,891
Net change in cash		5,143,684		(1,719,940)
Cash and restricted cash at beginning of year	[1]	9,151,216		9,155,077		$ 9,155,077
Cash and restricted cash at end of period		14,294,900	[2]	7,435,137	[2]	$ 9,151,216	[1]
Supplemental and non-cash financing cash flow information:
Cash paid for interest		1,501,875		782,733
Cash paid for taxes		2,150		4,330
Issuance of shares pursuant to Dividend Reinvestment Plan		3,797		4,763
Non-cash purchase of investments		(890,312)		(65,281)
Non-cash sale of investments		$ 890,312		$ 65,281
[1] Represents $ 1,093,758 and $ 2,550,021 of unrestricted cash as of June 30, 2023 and June 30, 2022, respectively, and $ 8,057,458 and $ 6,605,056 of restricted cash for the same periods . Represents $ 90,773 and $ 963,649 of unrestricted cash as of September 30, 2023 and September 30, 2022, respectively, and $ 14,204,127 and $ 6,471,488 of restricted cash for the same periods .

Statement - Consolidated Statem

Statement - Consolidated Statements of Cashflows (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022
Statement of Cash Flows [Abstract]
Unrestricted Cash at Beginning of Year		$ 1,093,758		$ 2,550,021
Restricted Cash at Beginning of Year		$ 8,057,458		$ 6,605,056
Restricted Cash at End of Period	$ 14,204,127		$ 6,471,488
Unrestricted Cash at End of Period	$ 90,773		$ 963,649

Consolidated Schedule of Invest

Consolidated Schedule of Investments (Unaudited) - USD ($)		3 Months Ended			12 Months Ended
		Sep. 30, 2023		Sep. 30, 2022	Jun. 30, 2023
Schedule Of Investments [Line Items]
Amortized Cost		$ 23,940,980			$ 23,979,565
Investments at Fair Value		$ 8,778,195			$ 9,961,311
Percentage of Net Assets		100%			100%
Investment at Fair Value, Beginning Balance		$ 9,961,311
Net Realized Gains (Losses)		0		$ 0
Investment at Fair Value, Ending Balance		8,778,195			$ 9,961,311
Amount of Interest or Dividends Credited to Income		0		0
Investment, Identifier [Axis]: Affiliated Investments
Schedule Of Investments [Line Items]
Amortized Cost		23,940,980	[1],[2],[3],[4]		23,979,565	[5],[6],[7],[8]
Investments at Fair Value		$ 8,778,195	[1],[2],[3],[4]		$ 9,961,311	[5],[6],[7],[8]
Percentage of Net Assets		10.47%	[1],[2],[3],[4]		11.36%	[5],[6],[7],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8]	$ 9,961,311
Investment at Fair Value, Ending Balance		8,778,195	[1],[2],[3],[4]		$ 9,961,311	[5],[6],[7],[8]
Investment, Identifier [Axis]: Affiliated Investments, Equity, Warrants and Other Investments
Schedule Of Investments [Line Items]
Amortized Cost		14,336,791	[1],[2],[3],[4]		14,336,791	[5],[6],[7],[8]
Investments at Fair Value		$ 5,470,857	[1],[2],[3],[4]		$ 6,433,865	[5],[6],[7],[8]
Percentage of Net Assets		6.52%	[1],[2],[3],[4]		7.34%	[5],[6],[7],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8]	$ 6,433,865
Investment at Fair Value, Ending Balance		5,470,857	[1],[2],[3],[4]		$ 6,433,865	[5],[6],[7],[8]
Investment, Identifier [Axis]: Affiliated Investments, Equity, Warrants and Other Investments, 1888 Industrial Services, LLC (Equity Interest), Energy Equipment & Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		11,881	[1],[2],[3],[4],[9],[10]		11,881	[5],[6],[7],[8],[11]
Amortized Cost		0	[1],[2],[3],[4],[10]		0	[5],[6],[7],[8],[11]
Investments at Fair Value		$ 0	[1],[2],[3],[4],[10]		$ 0	[5],[6],[7],[8],[11]
Percentage of Net Assets		0%	[1],[2],[3],[4],[10]		0%	[5],[6],[7],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8],[11]	$ 0
Investment at Fair Value, Ending Balance		0	[1],[2],[3],[4],[10]		$ 0	[5],[6],[7],[8],[11]
Investment, Identifier [Axis]: Affiliated Investments, Equity, Warrants and Other Investments, Techniplas Foreign Holdco LP Common Stock, Automobile Components
Schedule Of Investments [Line Items]
Principal Amount/ Shares		879,559	[1],[2],[3],[4],[9]		879,559	[5],[6],[7],[8]
Amortized Cost		14,336,791	[1],[2],[3],[4]		14,336,791	[5],[6],[7],[8]
Investments at Fair Value		$ 5,470,857	[1],[2],[3],[4]		$ 6,433,865	[5],[6],[7],[8]
Percentage of Net Assets		6.52%	[1],[2],[3],[4]		7.34%	[5],[6],[7],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8]	$ 6,433,865
Investment at Fair Value, Ending Balance		5,470,857	[1],[2],[3],[4]		$ 6,433,865	[5],[6],[7],[8]
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments
Schedule Of Investments [Line Items]
Amortized Cost		9,604,189	[1],[2],[3],[4]		9,642,774	[5],[6],[7],[8]
Investments at Fair Value		$ 3,307,338	[1],[2],[3],[4]		$ 3,527,446	[5],[6],[7],[8]
Percentage of Net Assets		3.95%	[1],[2],[3],[4]		4.02%	[5],[6],[7],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8]	$ 3,527,446
Investment at Fair Value, Ending Balance		$ 3,307,338	[1],[2],[3],[4]		$ 3,527,446	[5],[6],[7],[8]
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, 1888 Industrial Services, LLC - Revolver, Energy Equipment & Services, 3M S + 5.00% (1.00% Floor), Initial Acquisition Date 10/11/2016, Maturity Date 8/31/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[3],[4],[12],[13]	5%
Investment, Interest Rate, Floor	[1],[2],[3],[4],[12],[13]	1%
Investment, Acquisition Date	[1],[2],[3],[4],[12],[13]	Oct. 11, 2016
Maturity Date	[1],[2],[3],[4],[12],[13]	Aug. 31, 2024
Principal Amount/ Shares	[1],[2],[3],[4],[9],[12],[13]	$ 2,342,391
Amortized Cost	[1],[2],[3],[4],[12],[13]	2,342,392
Investments at Fair Value	[1],[2],[3],[4],[12],[13]	$ 537,579
Percentage of Net Assets	[1],[2],[3],[4],[12],[13]	0.64%
Investment at Fair Value, Ending Balance	[1],[2],[3],[4],[12],[13]	$ 537,579
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, 1888 Industrial Services, LLC - Revolver, Energy Equipment & Services, 3ML + 5.00% (1.00% Floor), Initial Acquisition Date 10/11/2016, Maturity Date 8/31/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[7],[8],[14],[15]				5%
Investment, Interest Rate, Floor	[5],[6],[7],[8],[14],[15]				1%
Investment, Acquisition Date	[5],[6],[7],[8],[14],[15]				Oct. 11, 2016
Maturity Date	[5],[6],[7],[8],[14],[15]				Aug. 31, 2024
Principal Amount/ Shares	[5],[6],[7],[8],[14],[15]				$ 2,365,434
Amortized Cost	[5],[6],[7],[8],[14],[15]				2,365,434
Investments at Fair Value	[5],[6],[7],[8],[14],[15]				$ 591,359
Percentage of Net Assets	[5],[6],[7],[8],[14],[15]				0.67%
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8],[14],[15]	$ 591,359
Investment at Fair Value, Ending Balance	[5],[6],[7],[8],[14],[15]				$ 591,359
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, 1888 Industrial Services, LLC - Term C, Energy Equipment & Services, 3M S + 5.00% (1.00% Floor), Initial Acquisition Date 6/25/2019, Maturity Date 8/31/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[3],[4],[12]	5%
Investment, Interest Rate, Floor	[1],[2],[3],[4],[12]	1%
Investment, Acquisition Date	[1],[2],[3],[4],[12]	Jun. 25, 2019
Maturity Date	[1],[2],[3],[4],[12]	Aug. 31, 2024
Principal Amount/ Shares	[1],[2],[3],[4],[9],[12]	$ 596,742
Amortized Cost	[1],[2],[3],[4],[12]	596,742
Investments at Fair Value	[1],[2],[3],[4],[12]	$ 678,795
Percentage of Net Assets	[1],[2],[3],[4],[12]	0.81%
Investment at Fair Value, Ending Balance	[1],[2],[3],[4],[12]	$ 678,795
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, 1888 Industrial Services, LLC - Term C, Energy Equipment & Services, 3ML + 5.00% (1.00% Floor), Initial Acquisition Date 6/25/2019, Maturity Date 8/31/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[7],[8],[14]				5%
Investment, Interest Rate, Floor	[5],[6],[7],[8],[14]				1%
Investment, Acquisition Date	[5],[6],[7],[8],[14]				Jun. 25, 2019
Maturity Date	[5],[6],[7],[8],[14]				Aug. 31, 2024
Principal Amount/ Shares	[5],[6],[7],[8],[14]				$ 630,870
Amortized Cost	[5],[6],[7],[8],[14]				630,870
Investments at Fair Value	[5],[6],[7],[8],[14]				$ 630,870
Percentage of Net Assets	[5],[6],[7],[8],[14]				0.72%
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8],[14]	$ 630,870
Investment at Fair Value, Ending Balance	[5],[6],[7],[8],[14]				$ 630,870
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, 1888 Industrial Services, LLC – Term A, Energy Equipment & Services, 3M S +5.00% PIK (1.00% Floor), Initial Acquisition Date 9/30/2016, Maturity Date 8/31/2024
Schedule Of Investments [Line Items]
Investment, Interest Rate, Paid in Kind	[1],[2],[3],[4],[9],[12]	5%
Investment, Interest Rate, Floor	[1],[2],[3],[4],[9],[12]	1%
Investment, Acquisition Date	[1],[2],[3],[4],[9],[12]	Sep. 30, 2016
Maturity Date	[1],[2],[3],[4],[9],[12]	Aug. 31, 2024
Principal Amount/ Shares	[1],[2],[3],[4],[9],[12]	$ 5,911,230
Amortized Cost	[1],[2],[3],[4],[9],[12]	5,911,230
Investments at Fair Value	[1],[2],[3],[4],[9],[12]	$ 1,403,326
Percentage of Net Assets	[1],[2],[3],[4],[9],[12]	1.68%
Investment at Fair Value, Ending Balance	[1],[2],[3],[4],[9],[12]	$ 1,403,326
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, 1888 Industrial Services, LLC – Term A, Energy Equipment & Services, 3ML +5.00% PIK (1.00% Floor), Initial Acquisition Date 9/30/2016, Maturity Date 8/31/2024
Schedule Of Investments [Line Items]
Investment, Interest Rate, Paid in Kind	[5],[6],[7],[8],[14],[16]				5%
Investment, Interest Rate, Floor	[5],[6],[7],[8],[14],[16]				1%
Investment, Acquisition Date	[5],[6],[7],[8],[14],[16]				Sep. 30, 2016
Maturity Date	[5],[6],[7],[8],[14],[16]				Aug. 31, 2024
Principal Amount/ Shares	[5],[6],[7],[8],[14],[16]				$ 5,911,230
Amortized Cost	[5],[6],[7],[8],[14],[16]				5,911,230
Investments at Fair Value	[5],[6],[7],[8],[14],[16]				$ 1,477,807
Percentage of Net Assets	[5],[6],[7],[8],[14],[16]				1.69%
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8],[14],[16]	$ 1,477,807
Investment at Fair Value, Ending Balance	[5],[6],[7],[8],[14],[16]				$ 1,477,807
Investment, Identifier [Axis]: Affiliated Investments, Senior Secured First Lien Debt Investments, Techniplas Foreign Holdco LP, Automobile Components, 10.00% PIK, Initial Acquisition Date 6/19/2020, Maturity Date 6/18/2027
Schedule Of Investments [Line Items]
Investment, Interest Rate, Paid in Kind		10%	[1],[2],[3],[4],[9]		10%	[5],[6],[7],[8],[16]
Investment, Acquisition Date		Jun. 19, 2020	[1],[2],[3],[4],[9]		Jun. 19, 2020	[5],[6],[7],[8],[16]
Maturity Date		Jun. 18, 2027	[1],[2],[3],[4],[9]		Jun. 18, 2027	[5],[6],[7],[8],[16]
Principal Amount/ Shares		$ 753,825	[1],[2],[3],[4],[9]		$ 735,240	[5],[6],[7],[8],[16]
Amortized Cost		753,825	[1],[2],[3],[4],[9]		735,240	[5],[6],[7],[8],[16]
Investments at Fair Value		$ 687,638	[1],[2],[3],[4],[9]		$ 827,410	[5],[6],[7],[8],[16]
Percentage of Net Assets		0.82%	[1],[2],[3],[4],[9]		0.94%	[5],[6],[7],[8],[16]
Investment at Fair Value, Beginning Balance	[5],[6],[7],[8],[16]	$ 827,410
Investment at Fair Value, Ending Balance		687,638	[1],[2],[3],[4],[9]		$ 827,410	[5],[6],[7],[8],[16]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments
Schedule Of Investments [Line Items]
Investments at Fair Value		8,778,195			9,961,311
Investment at Fair Value, Beginning Balance		9,961,311		10,646,803	10,646,803
Gross Additions		18,584	[17]		632,273	[18]
Gross Reductions		(57,169)	[19]		(47,950)	[20]
Net Realized Gains (Losses)		0			0
Net Unrealized Gains (Losses)		(1,144,531)			(1,269,815)
Investment at Fair Value, Ending Balance		8,778,195			9,961,311
Amount of Interest or Dividends Credited to Income		18,800	[21]		49,459	[22]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments, 1888 Industrial Services, LLC, Common Equity Interest
Schedule Of Investments [Line Items]
Investments at Fair Value	[19]	0			0	[23]
Investment at Fair Value, Beginning Balance	[23]	0	[19]	0	0
Gross Additions		0	[17],[19]		0	[18],[23]
Gross Reductions		0	[19]		0	[20],[23]
Net Realized Gains (Losses)		0	[19]		0	[23]
Net Unrealized Gains (Losses)		0	[19]		0	[23]
Investment at Fair Value, Ending Balance	[19]	0			0	[23]
Amount of Interest or Dividends Credited to Income		0	[19],[21]		0	[22],[23]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments, 1888 Industrial Services, LLC, Revolver (3M LIBOR +5.00%)
Schedule Of Investments [Line Items]
Investments at Fair Value		$ 537,579			$ 591,359
Interest Rate		5%	[24]		5%	[25]
Investment at Fair Value, Beginning Balance		$ 591,359		556,152	$ 556,152
Gross Additions		0	[17]		140,826	[18]
Gross Reductions		(23,042)	[19]		0	[20]
Net Realized Gains (Losses)		0			0
Net Unrealized Gains (Losses)		(30,738)			(105,619)
Investment at Fair Value, Ending Balance		537,579			591,359
Amount of Interest or Dividends Credited to Income		0	[21]		0	[22]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments, 1888 Industrial Services, LLC, Senior Secured First Lien Term Loan A (3M LIBOR +5.00% PIK)
Schedule Of Investments [Line Items]
Investments at Fair Value		$ 1,403,326			$ 1,477,807
Interest Rate		5%	[24]		5%	[25]
Investment at Fair Value, Beginning Balance		$ 1,477,807		1,477,807	$ 1,477,807
Gross Additions		0	[17]		0	[18]
Gross Reductions		0	[19]		0	[20]
Net Realized Gains (Losses)		0			0
Net Unrealized Gains (Losses)		(74,481)			0
Investment at Fair Value, Ending Balance		1,403,326			1,477,807
Amount of Interest or Dividends Credited to Income		0	[21]		0	[22]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments, 1888 Industrial Services, LLC, Senior Secured First Lien Term Loan C (3M LIBOR +5.00%)
Schedule Of Investments [Line Items]
Investments at Fair Value		$ 678,795			$ 630,870
Interest Rate		5%	[24]		5%	[25]
Investment at Fair Value, Beginning Balance		$ 630,870		678,820	$ 678,820
Gross Additions		0	[17]		0	[18]
Gross Reductions		(34,127)	[19]		(47,950)	[20]
Net Realized Gains (Losses)		0			0
Net Unrealized Gains (Losses)		82,052			0
Investment at Fair Value, Ending Balance		678,795			630,870
Amount of Interest or Dividends Credited to Income		0	[21]		20,611	[22]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments, Techniplas Foreign Holdco LP, Common Stock
Schedule Of Investments [Line Items]
Investments at Fair Value	[26]	5,470,857			6,433,865
Investment at Fair Value, Beginning Balance		6,433,865	[26]	7,002,759	7,002,759
Gross Additions		0	[17],[26]		421,396	[18]
Gross Reductions		0	[19],[26]		0	[20]
Net Realized Gains (Losses)		0	[19],[26]		0
Net Unrealized Gains (Losses)		(963,008)	[26]		(990,290)
Investment at Fair Value, Ending Balance	[26]	5,470,857			6,433,865
Amount of Interest or Dividends Credited to Income		0	[21],[26]		0	[22]
Investment, Identifier [Axis]: Investment in non-controlled, Affiliated Investments, Techniplas Foreign Holdco LP, Senior Secured First Lien Term Loan (10.00% PIK)
Schedule Of Investments [Line Items]
Investments at Fair Value		$ 687,638			$ 827,410
Interest Rate		10%	[24]		10%	[25]
Investment at Fair Value, Beginning Balance		$ 827,410		$ 931,265	$ 931,265
Gross Additions		18,584	[17]		70,051	[18]
Gross Reductions		0	[19]		0	[20]
Net Realized Gains (Losses)		0			0
Net Unrealized Gains (Losses)		(158,356)			(173,906)
Investment at Fair Value, Ending Balance		687,638			827,410
Amount of Interest or Dividends Credited to Income		18,800	[21]		70,070	[22]
Investment, Identifier [Axis]: Investments
Schedule Of Investments [Line Items]
Amortized Cost		249,903,799	[1],[2],[4]		243,298,816	[5],[6],[8]
Investments at Fair Value		$ 223,404,283	[1],[2],[4]		$ 220,111,329	[5],[6],[8]
Percentage of Net Assets		266.40%	[1],[2],[4]		250.98%	[5],[6],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ 220,111,329
Investment at Fair Value, Ending Balance		223,404,283	[1],[2],[4]		$ 220,111,329	[5],[6],[8]
Investment, Identifier [Axis]: Liabilities in excess of other assets
Schedule Of Investments [Line Items]
Investments at Fair Value		$ (139,543,466)	[1],[2],[4]		$ (132,411,021)	[5],[6],[8]
Percentage of Net Assets		(166.40%)	[1],[2],[4]		(150.98%)	[5],[6],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ (132,411,021)
Investment at Fair Value, Ending Balance		(139,543,466)	[1],[2],[4]		$ (132,411,021)	[5],[6],[8]
Investment, Identifier [Axis]: Net Assets
Schedule Of Investments [Line Items]
Investments at Fair Value		$ 83,860,817	[1],[2],[4]		$ 87,700,308	[5],[6],[8]
Percentage of Net Assets		100%	[1],[2],[4]		100%	[5],[6],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ 87,700,308
Investment at Fair Value, Ending Balance		83,860,817	[1],[2],[4]		$ 87,700,308	[5],[6],[8]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments
Schedule Of Investments [Line Items]
Amortized Cost		225,962,819	[1],[2],[4]		219,319,251	[5],[6],[8]
Investments at Fair Value		$ 214,626,088	[1],[2],[4]		$ 210,150,018	[5],[6],[8]
Percentage of Net Assets		255.93%	[1],[2],[4]		239.62%	[5],[6],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ 210,150,018
Investment at Fair Value, Ending Balance		214,626,088	[1],[2],[4]		$ 210,150,018	[5],[6],[8]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments
Schedule Of Investments [Line Items]
Amortized Cost		15,049,419	[1],[2],[4]		14,861,168	[5],[6],[8]
Investments at Fair Value		$ 17,613,850	[1],[2],[4]		$ 17,306,509	[5],[6],[8]
Percentage of Net Assets		21%	[1],[2],[4]		19.73%	[5],[6],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ 17,306,509
Investment at Fair Value, Ending Balance		17,613,850	[1],[2],[4]		$ 17,306,509	[5],[6],[8]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, 4L Technologies, Inc. Common Stock, Electronic Equipment, Instruments & Components
Schedule Of Investments [Line Items]
Principal Amount/ Shares		149,918	[1],[2],[4],[9],[10]		149,918	[5],[6],[8],[11],[16]
Amortized Cost		2,171,581	[1],[2],[4],[10]		2,171,581	[5],[6],[8],[11]
Investments at Fair Value		$ 74,959	[1],[2],[4],[10]		$ 95,947	[5],[6],[8],[11]
Percentage of Net Assets		0.09%	[1],[2],[4],[10]		0.11%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 95,947
Investment at Fair Value, Ending Balance		74,959	[1],[2],[4],[10]		$ 95,947	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, 4L Technologies, Inc. Preferred Stock, Electronic Equipment, Instruments & Components
Schedule Of Investments [Line Items]
Principal Amount/ Shares		2,289	[1],[2],[4],[9],[10]		2,289	[5],[6],[8],[11],[16]
Amortized Cost		209,004	[1],[2],[4],[10]		209,004	[5],[6],[8],[11]
Investments at Fair Value		$ 1,602,370	[1],[2],[4],[10]		$ 2,037,299	[5],[6],[8],[11]
Percentage of Net Assets		1.92%	[1],[2],[4],[10]		2.33%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 2,037,299
Investment at Fair Value, Ending Balance		1,602,370	[1],[2],[4],[10]		$ 2,037,299	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Advanced Solutions International Preferred Equity, Software
Schedule Of Investments [Line Items]
Principal Amount/ Shares		888,170	[1],[2],[4],[9],[10]		888,170	[5],[6],[8],[11],[16]
Amortized Cost		1,000,000	[1],[2],[4],[10]		1,000,000	[5],[6],[8],[11]
Investments at Fair Value		$ 1,865,157	[1],[2],[4],[10]		$ 1,758,577	[5],[6],[8],[11]
Percentage of Net Assets		2.22%	[1],[2],[4],[10]		2.01%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 1,758,577
Investment at Fair Value, Ending Balance		1,865,157	[1],[2],[4],[10]		$ 1,758,577	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Arborworks Acquisition LLC (Equity Interest), Commercial Services & Supplies
Schedule Of Investments [Line Items]
Principal Amount/ Shares		62	[1],[2],[4],[9],[10]		62	[5],[6],[8],[11],[16]
Amortized Cost		62,112	[1],[2],[4],[10]		62,112	[5],[6],[8],[11]
Investments at Fair Value		$ 0	[1],[2],[4],[10]		$ 0	[5],[6],[8],[11]
Percentage of Net Assets		0%	[1],[2],[4],[10]		0%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 0
Investment at Fair Value, Ending Balance		0	[1],[2],[4],[10]		$ 0	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Bioplan USA, Inc. - Common Stock, Containers & Packaging
Schedule Of Investments [Line Items]
Principal Amount/ Shares		292,150	[1],[2],[4],[9],[10]		292,150	[5],[6],[8],[11],[16]
Amortized Cost		1,708,941	[1],[2],[4],[10]		1,708,941	[5],[6],[8],[11]
Investments at Fair Value		$ 4,575,069	[1],[2],[4],[10]		$ 4,142,687	[5],[6],[8],[11]
Percentage of Net Assets		5.46%	[1],[2],[4],[10]		4.72%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 4,142,687
Investment at Fair Value, Ending Balance		4,575,069	[1],[2],[4],[10]		$ 4,142,687	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, CF Arch Holdings LLC (Equity Interest), Professional Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		200,000	[1],[2],[4],[9],[10]		200,000	[5],[6],[8],[11],[16]
Amortized Cost		200,000	[1],[2],[4],[10]		200,000	[5],[6],[8],[11]
Investments at Fair Value		$ 320,000	[1],[2],[4],[10]		$ 318,000	[5],[6],[8],[11]
Percentage of Net Assets		0.38%	[1],[2],[4],[10]		0.36%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 318,000
Investment at Fair Value, Ending Balance		320,000	[1],[2],[4],[10]		$ 318,000	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Flatworld Intermediate Corporation - Equity Interest, IT Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		4,405	[1],[2],[4],[9],[10]		4,405	[5],[6],[8],[11],[16]
Amortized Cost		100,000	[1],[2],[4],[10]		100,000	[5],[6],[8],[11]
Investments at Fair Value		$ 17,048	[1],[2],[4],[10]		$ 38,722	[5],[6],[8],[11]
Percentage of Net Assets		0.02%	[1],[2],[4],[10]		0.04%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 38,722
Investment at Fair Value, Ending Balance		17,048	[1],[2],[4],[10]		$ 38,722	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Fusion Connect, Inc - Equity Investor Warrants, IT Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		13,457	[1],[2],[4],[9],[10]		13,457	[5],[6],[8],[11],[16]
Amortized Cost		0	[1],[2],[4],[10]		0	[5],[6],[8],[11]
Investments at Fair Value		$ 0	[1],[2],[4],[10]		$ 0	[5],[6],[8],[11]
Percentage of Net Assets		0%	[1],[2],[4],[10]		0%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 0
Investment at Fair Value, Ending Balance		0	[1],[2],[4],[10]		$ 0	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Fusion Connect, Inc. - Backstop Warrants, IT Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		89,046	[1],[2],[4],[9],[10]		89,046	[5],[6],[8],[11],[16]
Amortized Cost		0	[1],[2],[4],[10]		0	[5],[6],[8],[11]
Investments at Fair Value		$ 79,251	[1],[2],[4],[10]		$ 133,720	[5],[6],[8],[11]
Percentage of Net Assets		0.09%	[1],[2],[4],[10]		0.15%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 133,720
Investment at Fair Value, Ending Balance		79,251	[1],[2],[4],[10]		$ 133,720	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Fusion Connect, Inc. - Common Stock, IT Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		230,209	[1],[2],[4],[9],[10]		230,209	[5],[6],[8],[11],[16]
Amortized Cost		1,184,606	[1],[2],[4],[10]		1,184,606	[5],[6],[8],[11]
Investments at Fair Value		$ 435,095	[1],[2],[4],[10]		$ 575,914	[5],[6],[8],[11]
Percentage of Net Assets		0.52%	[1],[2],[4],[10]		0.66%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 575,914
Investment at Fair Value, Ending Balance		435,095	[1],[2],[4],[10]		$ 575,914	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Fusion Connect, Inc. - Investor Warrants, IT Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		89,046	[1],[2],[4],[9],[10]		89,046	[5],[6],[8],[11],[16]
Amortized Cost		0	[1],[2],[4],[10]		0	[5],[6],[8],[11]
Investments at Fair Value		$ 79,251	[1],[2],[4],[10]		$ 133,720	[5],[6],[8],[11]
Percentage of Net Assets		0.09%	[1],[2],[4],[10]		0.15%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 133,720
Investment at Fair Value, Ending Balance		$ 79,251	[1],[2],[4],[10]		$ 133,720	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Fusion Connect, Inc. - Series A Preferred, IT Services, 12.50% PIK
Schedule Of Investments [Line Items]
Investment, Interest Rate, Paid in Kind		12.50%	[1],[2],[4],[9]		12.50%	[5],[6],[8],[16]
Principal Amount/ Shares		$ 61,632	[1],[2],[4],[9]		$ 59,749	[5],[6],[8],[16]
Amortized Cost		6,163,175	[1],[2],[4],[9]		5,974,924	[5],[6],[8],[16]
Investments at Fair Value		$ 5,593,082	[1],[2],[4],[9]		$ 4,824,752	[5],[6],[8],[16]
Percentage of Net Assets		6.67%	[1],[2],[4],[9]		5.50%	[5],[6],[8],[16]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[16]	$ 4,824,752
Investment at Fair Value, Ending Balance		5,593,082	[1],[2],[4],[9]		$ 4,824,752	[5],[6],[8],[16]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Investcorp Transformer Aggregator LP, Commercial Services & Supplies
Schedule Of Investments [Line Items]
Principal Amount/ Shares		500,000	[1],[2],[4],[9],[10]		500,000	[5],[6],[8],[11],[16]
Amortized Cost		500,000	[1],[2],[4],[10]		500,000	[5],[6],[8],[11]
Investments at Fair Value		$ 880,000	[1],[2],[4],[10]		$ 880,000	[5],[6],[8],[11]
Percentage of Net Assets		1.05%	[1],[2],[4],[10]		1.01%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 880,000
Investment at Fair Value, Ending Balance		880,000	[1],[2],[4],[10]		$ 880,000	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Pegasus Aggregator Holdings LP, Trading Companies & Distributors
Schedule Of Investments [Line Items]
Principal Amount/ Shares		9	[1],[2],[4],[9],[10]		9	[5],[6],[8],[11],[16]
Amortized Cost		750,000	[1],[2],[4],[10]		750,000	[5],[6],[8],[11]
Investments at Fair Value		$ 821,813	[1],[2],[4],[10]		$ 898,491	[5],[6],[8],[11]
Percentage of Net Assets		0.98%	[1],[2],[4],[10]		1.02%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 898,491
Investment at Fair Value, Ending Balance		821,813	[1],[2],[4],[10]		$ 898,491	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Victors CCC Aggregator LP, Professional Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		500,000	[1],[2],[4],[9],[10]		500,000	[5],[6],[8],[11],[16]
Amortized Cost		500,000	[1],[2],[4],[10]		500,000	[5],[6],[8],[11]
Investments at Fair Value		$ 630,000	[1],[2],[4],[10]		$ 635,000	[5],[6],[8],[11]
Percentage of Net Assets		0.75%	[1],[2],[4],[10]		0.72%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 635,000
Investment at Fair Value, Ending Balance		630,000	[1],[2],[4],[10]		$ 635,000	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Equity, Warrants and Other Investments, Work Genius Holdings, Inc (Equity Interest), Professional Services
Schedule Of Investments [Line Items]
Principal Amount/ Shares		500	[1],[2],[4],[9],[10]		500	[5],[6],[8],[11],[16]
Amortized Cost		500,000	[1],[2],[4],[10]		500,000	[5],[6],[8],[11]
Investments at Fair Value		$ 640,755	[1],[2],[4],[10]		$ 833,680	[5],[6],[8],[11]
Percentage of Net Assets		0.76%	[1],[2],[4],[10]		0.95%	[5],[6],[8],[11]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[11]	$ 833,680
Investment at Fair Value, Ending Balance		640,755	[1],[2],[4],[10]		$ 833,680	[5],[6],[8],[11]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments
Schedule Of Investments [Line Items]
Amortized Cost		210,913,400	[1],[2],[4]		204,458,083	[5],[6],[8]
Investments at Fair Value		$ 197,012,238	[1],[2],[4]		$ 192,843,509	[5],[6],[8]
Percentage of Net Assets		234.93%	[1],[2],[4]		219.89%	[5],[6],[8]
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ 192,843,509
Investment at Fair Value, Ending Balance		197,012,238	[1],[2],[4]		$ 192,843,509	[5],[6],[8]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, 4L Technologies, Inc. Electronic Equipment, Instruments & Components, 3M S + 7.50% (1.00% Floor), Initial Acquisition Date 2/4/2020, Maturity Date 6/30/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8]				7.50%
Investment, Interest Rate, Floor	[5],[6],[8]				1%
Investment, Acquisition Date	[5],[6],[8]				Feb. 04, 2020
Maturity Date	[5],[6],[8]				Jun. 30, 2025
Principal Amount/ Shares	[5],[6],[8],[16]				$ 1,132,352
Amortized Cost	[5],[6],[8]				1,132,352
Investments at Fair Value	[5],[6],[8]				$ 1,132,352
Percentage of Net Assets	[5],[6],[8]				1.29%
Investment at Fair Value, Beginning Balance	[5],[6],[8]	$ 1,132,352
Investment at Fair Value, Ending Balance	[5],[6],[8]				$ 1,132,352
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, 4L Technologies, Inc. Electronic Equipment, Instruments & Components, 3M S + 7.50% 1.50%PIK (1.00% Floor), Initial Acquisition Date 2/4/2020, Maturity Date 6/30/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4]	7.50%
Investment, Interest Rate, Paid in Kind	[2],[4]	1.50%
Investment, Interest Rate, Floor	[1],[2],[4]	1%
Investment, Acquisition Date	[1],[2],[4]	Feb. 04, 2020
Maturity Date	[1],[2],[4]	Jun. 30, 2025
Principal Amount/ Shares	[1],[2],[4],[9]	$ 1,138,303
Amortized Cost	[1],[2],[4]	1,138,303
Investments at Fair Value	[1],[2],[4]	$ 1,175,298
Percentage of Net Assets	[1],[2],[4]	1.40%
Investment at Fair Value, Ending Balance	[1],[2],[4]	$ 1,175,298
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, AHF Parent Holding, Inc. Building Products, 3M S + 6.25% (0.75% Floor), Initial Acquisition Date 2/9/2022, Maturity Date 2/1/2028
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		6.25%	[1],[2],[4],[27]		6.25%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		0.75%	[1],[2],[4],[27]		0.75%	[5],[6],[8],[28]
Investment, Acquisition Date		Feb. 09, 2022	[1],[2],[4],[27]		Feb. 09, 2022	[5],[6],[8],[28]
Maturity Date		Feb. 01, 2028	[1],[2],[4],[27]		Feb. 01, 2028	[5],[6],[8],[28]
Principal Amount/ Shares		$ 4,625,000	[1],[2],[4],[9],[27]		$ 4,687,500	[5],[6],[8],[16],[28]
Amortized Cost		4,595,898	[1],[2],[4],[27]		4,656,726	[5],[6],[8],[28]
Investments at Fair Value		$ 4,474,688	[1],[2],[4],[27]		$ 4,511,719	[5],[6],[8],[28]
Percentage of Net Assets		5.34%	[1],[2],[4],[27]		5.14%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 4,511,719
Investment at Fair Value, Ending Balance		$ 4,474,688	[1],[2],[4],[27]		$ 4,511,719	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, ALCV Purchaser, Inc. Specialty Retail, 1M S + 6.75% (1.00% Floor), Initial Acquisition Date 3/1/2021, Maturity Date 4/15/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	6.75%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	Mar. 01, 2021
Maturity Date	[1],[2],[4],[27]	Apr. 15, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 5,150,000
Amortized Cost	[1],[2],[4],[27]	5,106,141
Investments at Fair Value	[1],[2],[4],[27]	$ 5,059,875
Percentage of Net Assets	[1],[2],[4],[27]	6.03%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 5,059,875
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, ALCV Purchaser, Inc. Specialty Retail, 3M S + 6.75% (1.00% Floor), Initial Acquisition Date 3/1/2021, Maturity Date 4/15/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				6.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Mar. 01, 2021
Maturity Date	[5],[6],[8],[28]				Apr. 15, 2026
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 5,200,000
Amortized Cost	[5],[6],[8],[28]				5,152,059
Investments at Fair Value	[5],[6],[8],[28]				$ 5,148,000
Percentage of Net Assets	[5],[6],[8],[28]				5.87%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 5,148,000
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 5,148,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, AMCP Clean Acquisition Company, LLC, Hotels, Restaurants, and Leisure, 3M S + 4.25%, Initial Acquisition Date 4/6/2023, Maturity Date 7/10/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		4.25%	[1],[2],[4],[27]		4.25%	[5],[6],[8],[28]
Investment, Acquisition Date		Apr. 06, 2023	[1],[2],[4],[27]		Apr. 06, 2023	[5],[6],[8],[28]
Maturity Date		Jul. 10, 2025	[1],[2],[4],[27]		Jul. 10, 2025	[5],[6],[8],[28]
Principal Amount/ Shares		$ 7,711,459	[1],[2],[4],[9],[27]		$ 6,981,712	[5],[6],[8],[16],[28]
Amortized Cost		7,023,148	[1],[2],[4],[27]		6,304,958	[5],[6],[8],[28]
Investments at Fair Value		$ 7,171,658	[1],[2],[4],[27]		$ 6,283,541	[5],[6],[8],[28]
Percentage of Net Assets		8.55%	[1],[2],[4],[27]		7.16%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 6,283,541
Investment at Fair Value, Ending Balance		$ 7,171,658	[1],[2],[4],[27]		$ 6,283,541	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Advanced Solutions International, Software, 3M S + 6.00% (1.00% Floor), Initial Acquisition Date 9/1/2020, Maturity Date 9/16/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		6%	[1],[2],[4],[27]		6%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[27]		1%	[5],[6],[8],[28]
Investment, Acquisition Date		Sep. 01, 2020	[1],[2],[4],[27]		Sep. 01, 2020	[5],[6],[8],[28]
Maturity Date		Sep. 16, 2025	[1],[2],[4],[27]		Sep. 16, 2025	[5],[6],[8],[28]
Principal Amount/ Shares		$ 6,656,250	[1],[2],[4],[9],[27]		$ 6,750,000	[5],[6],[8],[16],[28]
Amortized Cost		6,590,499	[1],[2],[4],[27]		6,675,818	[5],[6],[8],[28]
Investments at Fair Value		$ 6,656,250	[1],[2],[4],[27]		$ 6,750,000	[5],[6],[8],[28]
Percentage of Net Assets		7.94%	[1],[2],[4],[27]		7.70%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 6,750,000
Investment at Fair Value, Ending Balance		$ 6,656,250	[1],[2],[4],[27]		$ 6,750,000	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Amerequip, LLC, Machinery, 6M S + 7.40% (1.00% Floor), Initial Acquisition Date 9/1/2022, Maturity Date 8/31/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		7.40%	[1],[2],[4],[27]		7.40%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[27]		1%	[5],[6],[8],[28]
Investment, Acquisition Date		Sep. 01, 2022	[1],[2],[4],[27]		Sep. 01, 2022	[5],[6],[8],[28]
Maturity Date		Aug. 31, 2027	[1],[2],[4],[27]		Aug. 31, 2027	[5],[6],[8],[28]
Principal Amount/ Shares		$ 4,304,516	[1],[2],[4],[9],[27]		$ 4,994,516	[5],[6],[8],[16],[28]
Amortized Cost		4,268,664	[1],[2],[4],[27]		4,950,906	[5],[6],[8],[28]
Investments at Fair Value		$ 4,347,561	[1],[2],[4],[27]		$ 4,994,516	[5],[6],[8],[28]
Percentage of Net Assets		5.18%	[1],[2],[4],[27]		5.69%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 4,994,516
Investment at Fair Value, Ending Balance		$ 4,347,561	[1],[2],[4],[27]		$ 4,994,516	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, American Auto Auction Group, LLC, Automotive Retail, 3M S + 5.00% (1.00% Floor), Initial Acquisition Date 4/12/2023, Maturity Date 12/30/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		5%	[1],[2],[4],[27]		5%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[27]		1%	[5],[6],[8],[28]
Investment, Acquisition Date		Apr. 12, 2023	[1],[2],[4],[27]		Apr. 12, 2023	[5],[6],[8],[28]
Maturity Date		Dec. 30, 2027	[1],[2],[4],[27]		Dec. 30, 2027	[5],[6],[8],[28]
Principal Amount/ Shares		$ 4,228,481	[1],[2],[4],[9],[27]		$ 4,239,241	[5],[6],[8],[16],[28]
Amortized Cost		3,892,953	[1],[2],[4],[27]		3,888,170	[5],[6],[8],[28]
Investments at Fair Value		$ 4,017,057	[1],[2],[4],[27]		$ 3,878,905	[5],[6],[8],[28]
Percentage of Net Assets		4.79%	[1],[2],[4],[27]		4.42%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 3,878,905
Investment at Fair Value, Ending Balance		$ 4,017,057	[1],[2],[4],[27]		$ 3,878,905	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, American Nuts Holdings, LLC - Term Loan A, Consumer Staples Distribution & Retail, 3M S + 6.75% 3.00% PIK (1.00% Floor), Initial Acquisition Date 4/4/2022, Maturity Date 4/10/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		6.75%	[1],[2],[4],[9],[12],[27]		6.75%	[5],[6],[8],[14],[16],[28]
Investment, Interest Rate, Paid in Kind		3%	[1],[2],[4],[9],[12],[27]		3%	[5],[6],[8],[14],[16],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[9],[12],[27]		1%	[5],[6],[8],[14],[16],[28]
Investment, Acquisition Date		Apr. 04, 2022	[1],[2],[4],[9],[12],[27]		Apr. 04, 2022	[5],[6],[8],[14],[16],[28]
Maturity Date		Apr. 10, 2026	[1],[2],[4],[9],[12],[27]		Apr. 10, 2026	[5],[6],[8],[14],[16],[28]
Principal Amount/ Shares		$ 3,788,372	[1],[2],[4],[9],[12],[27]		$ 3,788,372	[5],[6],[8],[14],[16],[28]
Amortized Cost		3,760,262	[1],[2],[4],[9],[12],[27]		3,760,262	[5],[6],[8],[14],[16],[28]
Investments at Fair Value		$ 2,803,395	[1],[2],[4],[9],[12],[27]		$ 3,030,698	[5],[6],[8],[14],[16],[28]
Percentage of Net Assets		3.34%	[1],[2],[4],[9],[12],[27]		3.46%	[5],[6],[8],[14],[16],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[14],[16],[28]	$ 3,030,698
Investment at Fair Value, Ending Balance		$ 2,803,395	[1],[2],[4],[9],[12],[27]		$ 3,030,698	[5],[6],[8],[14],[16],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, American Nuts Holdings, LLC - Term Loan B, Consumer Staples Distribution & Retail, 3M S + 8.75% 3.00% PIK (1.00% Floor), Initial Acquisition Date 4/4/2022, Maturity Date 4/10/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		8.75%	[1],[2],[4],[9],[12],[27]		8.75%	[5],[6],[8],[14],[15],[16],[28],[29]
Investment, Interest Rate, Paid in Kind		3%	[1],[2],[4],[9],[12],[27]		3%	[5],[6],[8],[14],[15],[16],[28],[29]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[9],[12],[27]		1%	[5],[6],[8],[14],[15],[16],[28],[29]
Investment, Acquisition Date		Apr. 04, 2022	[1],[2],[4],[9],[12],[27]		Apr. 04, 2022	[5],[6],[8],[14],[15],[16],[28],[29]
Maturity Date		Apr. 10, 2026	[1],[2],[4],[9],[12],[27]		Apr. 10, 2026	[5],[6],[8],[14],[15],[16],[28],[29]
Principal Amount/ Shares		$ 3,788,372	[1],[2],[4],[9],[12],[27]		$ 3,788,372	[5],[6],[8],[14],[15],[16],[28],[29]
Amortized Cost		3,759,975	[1],[2],[4],[9],[12],[27]		3,759,975	[5],[6],[8],[14],[15],[16],[28],[29]
Investments at Fair Value		$ 2,803,395	[1],[2],[4],[9],[12],[27]		$ 3,030,698	[5],[6],[8],[14],[15],[16],[28],[29]
Percentage of Net Assets		3.34%	[1],[2],[4],[9],[12],[27]		3.46%	[5],[6],[8],[14],[15],[16],[28],[29]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[14],[15],[16],[28],[29]	$ 3,030,698
Investment at Fair Value, Ending Balance		$ 2,803,395	[1],[2],[4],[9],[12],[27]		$ 3,030,698	[5],[6],[8],[14],[15],[16],[28],[29]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, American Teleconferencing Services, Ltd. (d/b/a Premiere Global Services, Inc.) - Revolver, Software, P + 5.50% (1.00% Floor), Initial Acquisition Date 5/6/2016, Maturity Date 4/7/2023
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		5.50%	[1],[2],[4],[12],[30]		5.50%	[5],[6],[8],[14],[29]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[12],[30]		1%	[5],[6],[8],[14],[29]
Investment, Acquisition Date		May 06, 2016	[1],[2],[4],[12],[30]		May 06, 2016	[5],[6],[8],[14],[29]
Maturity Date		Apr. 07, 2023	[1],[2],[4],[12],[30]		Apr. 07, 2023	[5],[6],[8],[14],[29]
Principal Amount/ Shares		$ 1,736,618	[1],[2],[4],[9],[12],[30]		$ 1,736,618	[5],[6],[8],[14],[16],[29]
Amortized Cost		1,718,794	[1],[2],[4],[12],[30]		1,718,794	[5],[6],[8],[14],[29]
Investments at Fair Value		$ 247,468	[1],[2],[4],[12],[30]		$ 217,077	[5],[6],[8],[14],[29]
Percentage of Net Assets		0.30%	[1],[2],[4],[12],[30]		0.25%	[5],[6],[8],[14],[29]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[14],[29]	$ 217,077
Investment at Fair Value, Ending Balance		$ 247,468	[1],[2],[4],[12],[30]		$ 217,077	[5],[6],[8],[14],[29]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Arborworks Acquisition LLC - Revolver, Commercial Services & Supplies, 3M L + 7.00% (1.00% Floor), Initial Acquisition Date 11/24/2021, Maturity Date 11/9/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		7%	[1],[2],[4],[12],[13],[30]		7%	[5],[6],[8],[15],[29]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[12],[13],[30]		1%	[5],[6],[8],[15],[29]
Investment, Acquisition Date		Nov. 24, 2021	[1],[2],[4],[12],[13],[30]		Nov. 24, 2021	[5],[6],[8],[15],[29]
Maturity Date		Nov. 09, 2026	[1],[2],[4],[12],[13],[30]		Nov. 09, 2026	[5],[6],[8],[15],[29]
Principal Amount/ Shares		$ 1,854,991	[1],[2],[4],[9],[12],[13],[30]		$ 1,308,407	[5],[6],[8],[15],[16],[29]
Amortized Cost		1,854,991	[1],[2],[4],[12],[13],[30]		1,308,407	[5],[6],[8],[15],[29]
Investments at Fair Value		$ 1,168,644	[1],[2],[4],[12],[13],[30]		$ 981,305	[5],[6],[8],[15],[29]
Percentage of Net Assets		1.39%	[1],[2],[4],[12],[13],[30]		1.12%	[5],[6],[8],[15],[29]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[15],[29]	$ 981,305
Investment at Fair Value, Ending Balance		$ 1,168,644	[1],[2],[4],[12],[13],[30]		$ 981,305	[5],[6],[8],[15],[29]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Arborworks Acquisition LLC, Commercial Services & Supplies, 1MS + 7.00% 3.00% PIK (1.00% Floor), Initial Acquisition Date 11/24/2021, Maturity Date 11/9/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[12],[27],[30]	7%
Investment, Interest Rate, Paid in Kind	[1],[2],[4],[12],[27],[30]	3%
Investment, Interest Rate, Floor	[1],[2],[4],[12],[27],[30]	1%
Investment, Acquisition Date	[1],[2],[4],[12],[27],[30]	Nov. 24, 2021
Maturity Date	[1],[2],[4],[12],[27],[30]	Nov. 09, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[12],[27],[30]	$ 8,026,560
Amortized Cost	[1],[2],[4],[12],[27],[30]	7,971,487
Investments at Fair Value	[1],[2],[4],[12],[27],[30]	$ 5,056,733
Percentage of Net Assets	[1],[2],[4],[12],[27],[30]	6.03%
Investment at Fair Value, Ending Balance	[1],[2],[4],[12],[27],[30]	$ 5,056,733
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Arborworks Acquisition LLC, Commercial Services & Supplies, 3M L + 7.00% 3.00% PIK (1.00% Floor), Initial Acquisition Date 11/24/2021, Maturity Date 11/9/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28],[29]				7%
Investment, Interest Rate, Paid in Kind	[5],[6],[8],[28],[29]				3%
Investment, Interest Rate, Floor	[5],[6],[8],[28],[29]				1%
Investment, Acquisition Date	[5],[6],[8],[28],[29]				Nov. 24, 2021
Maturity Date	[5],[6],[8],[28],[29]				Nov. 09, 2026
Principal Amount/ Shares	[5],[6],[8],[16],[28],[29]				$ 8,033,532
Amortized Cost	[5],[6],[8],[28],[29]				7,976,037
Investments at Fair Value	[5],[6],[8],[28],[29]				$ 6,025,149
Percentage of Net Assets	[5],[6],[8],[28],[29]				6.87%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28],[29]	6,025,149
Investment at Fair Value, Ending Balance	[5],[6],[8],[28],[29]				$ 6,025,149
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Archer Systems, LLC, Professional Services, 3M S + 6.00% (1.00% Floor), Initial Acquisition Date 8/11/2022, Maturity Date 8/11/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				6%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Aug. 11, 2022
Maturity Date	[5],[6],[8],[28]				Aug. 11, 2027
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 5,414,246
Amortized Cost	[5],[6],[8],[28]				5,367,591
Investments at Fair Value	[5],[6],[8],[28]				$ 5,441,317
Percentage of Net Assets	[5],[6],[8],[28]				6.20%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 5,441,317
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 5,441,317
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Axiom Global Inc., Consumer Services,1MS +4.75%(0.75% Floor) Initial Acquisition Date 9/12/2023, Maturity Date 10/01/1926
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[2],[4],[27]	4.75%
Investment, Interest Rate, Floor	[2],[4],[27]	0.75%
Investment, Acquisition Date	[1],[2],[4],[27]	Sep. 12, 2023
Maturity Date	[1],[2],[4],[27]	Oct. 01, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 4,987,047
Amortized Cost	[1],[2],[4],[27]	4,915,981
Investments at Fair Value	[1],[2],[4],[27]	$ 4,915,732
Percentage of Net Assets	[1],[2],[4],[27]	5.86%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 4,915,732
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Bioplan USA, Inc. - Priority Term Loan, Containers & Packaging, 3M S + 10.00% (4.00% Floor), Initial Acquisition Date 2/28/2023, Maturity Date 3/8/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		10%	[1],[2],[4]		10%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		4%	[1],[2],[4]		4%	[5],[6],[8],[28]
Investment, Acquisition Date		Feb. 28, 2023	[1],[2],[4]		Feb. 28, 2023	[5],[6],[8],[28]
Maturity Date		Mar. 08, 2027	[1],[2],[4]		Mar. 08, 2027	[5],[6],[8],[28]
Principal Amount/ Shares		$ 3,367,275	[1],[2],[4],[9]		$ 3,367,275	[5],[6],[8],[16],[28]
Amortized Cost		3,431,785	[1],[2],[4]		3,435,421	[5],[6],[8],[28]
Investments at Fair Value		$ 3,602,984	[1],[2],[4]		$ 3,602,984	[5],[6],[8],[28]
Percentage of Net Assets		4.30%	[1],[2],[4]		4.11%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 3,602,984
Investment at Fair Value, Ending Balance		$ 3,602,984	[1],[2],[4]		$ 3,602,984	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Bioplan USA, Inc. - Take-Back Term Loan, Containers & Packaging, 3M S + 3.25% + 5.00% PIK (4.00% Floor), Initial Acquisition Date 3/8/2023, Maturity Date 3/8/2028
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[9]	3.25%
Investment, Interest Rate, Paid in Kind	[1],[2],[4],[9]	5%
Investment, Interest Rate, Floor	[1],[2],[4],[9]	4%
Investment, Acquisition Date	[1],[2],[4],[9]	Mar. 08, 2023
Maturity Date	[1],[2],[4],[9]	Mar. 08, 2028
Principal Amount/ Shares	[1],[2],[4],[9]	$ 5,678,667
Amortized Cost	[1],[2],[4],[9]	5,389,020
Investments at Fair Value	[1],[2],[4],[9]	$ 5,380,537
Percentage of Net Assets	[1],[2],[4],[9]	6.42%
Investment at Fair Value, Ending Balance	[1],[2],[4],[9]	$ 5,380,537
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Bioplan USA, Inc. - Take-Back Term Loan, Containers & Packaging, 3M S + 3.25% 5.00% PIK (4.00% Floor), Initial Acquisition Date 3/8/2023, Maturity Date 3/8/2028
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[16]				3.25%
Investment, Interest Rate, Paid in Kind	[5],[6],[8],[16]				5%
Investment, Interest Rate, Floor	[5],[6],[8],[16]				4%
Investment, Acquisition Date	[5],[6],[8],[16]				Mar. 08, 2023
Maturity Date	[5],[6],[8],[16]				Mar. 08, 2028
Principal Amount/ Shares	[5],[6],[8],[16]				$ 5,605,485
Amortized Cost	[5],[6],[8],[16]				5,303,003
Investments at Fair Value	[5],[6],[8],[16]				$ 5,213,101
Percentage of Net Assets	[5],[6],[8],[16]				5.94%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[16]	$ 5,213,101
Investment at Fair Value, Ending Balance	[5],[6],[8],[16]				$ 5,213,101
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, CareerBuilder, LLC, - Priority Term Loan, Professional Services, 6M S + 6.75% (1.00% Floor), Initial Acquisition Date 7/27/2017, Maturity Date 7/31/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	6%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	Aug. 11, 2022
Maturity Date	[1],[2],[4],[27]	Aug. 11, 2027
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 4,615,040
Amortized Cost	[1],[2],[4],[27]	4,577,192
Investments at Fair Value	[1],[2],[4],[27]	$ 4,661,190
Percentage of Net Assets	[1],[2],[4],[27]	5.56%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 4,661,190
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, CareerBuilder, LLC, - Priority Term Loan, Professional Services, 6MS + 6.75% (1.00% Floor), Initial Acquisition Date 7/27/2017, Maturity Date 7/31/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[12],[27]	6.75%
Investment, Interest Rate, Floor	[1],[2],[4],[12],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[12],[27]	Jul. 27, 2017
Maturity Date	[1],[2],[4],[12],[27]	Jul. 31, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[12],[27]	$ 5,826,767
Amortized Cost	[1],[2],[4],[12],[27]	5,818,693
Investments at Fair Value	[1],[2],[4],[12],[27]	$ 2,418,108
Percentage of Net Assets	[1],[2],[4],[12],[27]	2.88%
Investment at Fair Value, Ending Balance	[1],[2],[4],[12],[27]	$ 2,418,108
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, CareerBuilder, LLC, Professional Services, 3M L + 6.75% (1.00% Floor), Initial Acquisition Date 7/27/2017, Maturity Date 7/31/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				6.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Jul. 27, 2017
Maturity Date	[5],[6],[8],[28]				Jul. 31, 2026
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 6,017,119
Amortized Cost	[5],[6],[8],[28]				6,008,781
Investments at Fair Value	[5],[6],[8],[28]				$ 2,572,318
Percentage of Net Assets	[5],[6],[8],[28]				2.93%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 2,572,318
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 2,572,318
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Congruex Group LLC, Construction & Engineering, 3MS+5.75%(0.75% Floor) Initial Acquisition Date 9/27/2023, Maturity Date 5/3/2029
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[2],[4],[27]	5.75%
Investment, Interest Rate, Floor	[2],[4],[27]	0.75%
Investment, Acquisition Date	[1],[2],[4],[27]	Sep. 27, 2023
Maturity Date	[1],[2],[4],[27]	May 03, 2029
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 3,989,899
Amortized Cost	[1],[2],[4],[27]	3,935,038
Investments at Fair Value	[1],[2],[4],[27]	$ 3,937,532
Percentage of Net Assets	[1],[2],[4],[27]	4.69%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 3,937,532
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Cook & Boardman Group, LLC, Trading Companies & Distributors, 1M S + 5.75% (1.00% Floor), Initial Acquisition Date 10/12/2018, Maturity Date 10/17/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	5.75%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	Oct. 12, 2018
Maturity Date	[1],[2],[4],[27]	Oct. 17, 2025
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 9,522,126
Amortized Cost	[1],[2],[4],[27]	9,486,949
Investments at Fair Value	[1],[2],[4],[27]	$ 9,474,516
Percentage of Net Assets	[1],[2],[4],[27]	11.30%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 9,474,516
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Cook & Boardman Group, LLC, Trading Companies & Distributors, 3M S + 5.75% (1.00% Floor), Initial Acquisition Date 10/12/2018, Maturity Date 10/17/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				5.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Oct. 12, 2018
Maturity Date	[5],[6],[8],[28]				Oct. 17, 2025
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 9,547,181
Amortized Cost	[5],[6],[8],[28]				9,508,116
Investments at Fair Value	[5],[6],[8],[28]				$ 9,213,030
Percentage of Net Assets	[5],[6],[8],[28]				10.51%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	9,213,030
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 9,213,030
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Crafty Apes, LLC, Entertainment, 1M S + 7.06% (1.00% Floor),Initial Acquisition Date 12/23/2021, Maturity Date 11/1/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28],[31]				7.06%
Investment, Interest Rate, Floor	[5],[6],[8],[28],[31]				1%
Investment, Acquisition Date	[5],[6],[8],[28],[31]				Dec. 23, 2021
Maturity Date	[5],[6],[8],[28],[31]				Nov. 01, 2024
Principal Amount/ Shares	[5],[6],[8],[16],[28],[31]				$ 8,000,000
Amortized Cost	[5],[6],[8],[28],[31]				7,959,319
Investments at Fair Value	[5],[6],[8],[28],[31]				$ 7,640,000
Percentage of Net Assets	[5],[6],[8],[28],[31]				8.71%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28],[31]	$ 7,640,000
Investment at Fair Value, Ending Balance	[5],[6],[8],[28],[31]				$ 7,640,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Crafty Apes, LLC, Entertainment, 6M S + 7.06% (1.00% Floor), Initial Acquisition Date 12/23/2021, Maturity Date 11/1/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27],[32]	7.06%
Investment, Interest Rate, Floor	[1],[2],[4],[27],[32]	1%
Investment, Acquisition Date	[1],[2],[4],[27],[32]	Dec. 23, 2021
Maturity Date	[1],[2],[4],[27],[32]	Nov. 01, 2024
Principal Amount/ Shares	[1],[2],[4],[9],[27],[32]	$ 8,000,000
Amortized Cost	[1],[2],[4],[27],[32]	7,966,479
Investments at Fair Value	[1],[2],[4],[27],[32]	$ 7,600,000
Percentage of Net Assets	[1],[2],[4],[27],[32]	9.06%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27],[32]	$ 7,600,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Easy Way Leisure Corporation, Household Durables, 3M S + 7.00% (1.00% Floor), Initial Acquisition Date 8/2/2021, Maturity Date 1/15/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		7%	[1],[2],[4],[27]		7%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[27]		1%	[5],[6],[8],[28]
Investment, Acquisition Date		Aug. 02, 2021	[1],[2],[4],[27]		Aug. 02, 2021	[5],[6],[8],[28]
Maturity Date		Jan. 15, 2026	[1],[2],[4],[27]		Jan. 15, 2026	[5],[6],[8],[28]
Principal Amount/ Shares		$ 7,785,555	[1],[2],[4],[9],[27]		$ 7,805,376	[5],[6],[8],[16],[28]
Amortized Cost		7,721,873	[1],[2],[4],[27]		7,735,660	[5],[6],[8],[28]
Investments at Fair Value		$ 7,766,091	[1],[2],[4],[27]		$ 7,610,242	[5],[6],[8],[28]
Percentage of Net Assets		9.26%	[1],[2],[4],[27]		8.68%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 7,610,242
Investment at Fair Value, Ending Balance		7,766,091	[1],[2],[4],[27]		$ 7,610,242	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Empire Office Inc., Trading Companies & Distributors, 1M L + 6.75% (1.50% Floor), Initial Acquisition Date 3/28/2019, Maturity Date 4/12/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				6.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1.50%
Investment, Acquisition Date	[5],[6],[8],[28]				Mar. 28, 2019
Maturity Date	[5],[6],[8],[28]				Apr. 12, 2024
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 11,976,967
Amortized Cost	[5],[6],[8],[28]				11,923,473
Investments at Fair Value	[5],[6],[8],[28]				$ 11,947,025
Percentage of Net Assets	[5],[6],[8],[28]				13.62%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 11,947,025
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 11,947,025
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Empire Office Inc., Trading Companies & Distributors, 1MS+ 6.75% (1.50% Floor), Initial Acquisition Date 3/28/2019, Maturity Date 4/12/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	6.75%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1.50%
Investment, Acquisition Date	[1],[2],[4],[27]	Mar. 28, 2019
Maturity Date	[1],[2],[4],[27]	Apr. 12, 2024
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 11,770,853
Amortized Cost	[1],[2],[4],[27]	11,734,027
Investments at Fair Value	[1],[2],[4],[27]	$ 11,770,853
Percentage of Net Assets	[1],[2],[4],[27]	14.04%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 11,770,853
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Evergreen North America Acquisitions, LLC - Revolver, Machinery, 3M S + 6.75% (1.00% Floor), Initial Acquisition Date 7/26/2022, Maturity Date 8/13/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		6.75%	[1],[2],[4],[13]		6.75%	[5],[6],[8],[15]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[13]		1%	[5],[6],[8],[15]
Investment, Acquisition Date		Jul. 26, 2022	[1],[2],[4],[13]		Jul. 26, 2022	[5],[6],[8],[15]
Maturity Date		Aug. 13, 2026	[1],[2],[4],[13]		Aug. 13, 2026	[5],[6],[8],[15]
Principal Amount/ Shares		$ 211,107	[1],[2],[4],[9],[13]		$ 211,107	[5],[6],[8],[15],[16]
Amortized Cost		211,107	[1],[2],[4],[13]		211,107	[5],[6],[8],[15]
Investments at Fair Value		$ 208,996	[1],[2],[4],[13]		$ 207,941	[5],[6],[8],[15]
Percentage of Net Assets		0.25%	[1],[2],[4],[13]		0.24%	[5],[6],[8],[15]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[15]	$ 207,941
Investment at Fair Value, Ending Balance		$ 208,996	[1],[2],[4],[13]		$ 207,941	[5],[6],[8],[15]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Evergreen North America Acquisitions, LLC, Machinery, 1MS + 6.75% (1.00% Floor), Initial Acquisition Date 7/26/2022, Maturity Date 8/13/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	6.75%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	Jul. 26, 2022
Maturity Date	[1],[2],[4],[27]	Aug. 13, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 4,455,992
Amortized Cost	[1],[2],[4],[27]	4,388,427
Investments at Fair Value	[1],[2],[4],[27]	$ 4,411,432
Percentage of Net Assets	[1],[2],[4],[27]	5.26%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 4,411,432
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Evergreen North America Acquisitions, LLC, Machinery, 3M S + 6.75% (1.00% Floor), Initial Acquisition Date 7/26/2022, Maturity Date 8/13/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				6.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Jul. 26, 2022
Maturity Date	[5],[6],[8],[28]				Aug. 13, 2026
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 4,467,360
Amortized Cost	[5],[6],[8],[28]				4,394,797
Investments at Fair Value	[5],[6],[8],[28]				$ 4,400,349
Percentage of Net Assets	[5],[6],[8],[28]				5.02%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 4,400,349
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 4,400,349
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Flatworld Intermediate Corporation, IT Services, 3M S + 6.50% (1.00% Floor), Initial Acquisition Date 10/3/2022, Maturity Date 10/1/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		6.50%	[1],[2],[4],[27]		6.50%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[27]		1%	[5],[6],[8],[28]
Investment, Acquisition Date		Oct. 03, 2022	[1],[2],[4],[27]		Oct. 03, 2022	[5],[6],[8],[28]
Maturity Date		Oct. 01, 2027	[1],[2],[4],[27]		Oct. 01, 2027	[5],[6],[8],[28]
Principal Amount/ Shares		$ 2,252,027	[1],[2],[4],[9],[27]		$ 2,420,270	[5],[6],[8],[16],[28]
Amortized Cost		2,213,570	[1],[2],[4],[27]		2,376,950	[5],[6],[8],[28]
Investments at Fair Value		$ 2,139,426	[1],[2],[4],[27]		$ 2,359,764	[5],[6],[8],[28]
Percentage of Net Assets		2.55%	[1],[2],[4],[27]		2.69%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 2,359,764
Investment at Fair Value, Ending Balance		$ 2,139,426	[1],[2],[4],[27]		$ 2,359,764	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Fleetpride Inc., Trading Companies & Distributors,3MS+4.50%(5.00% Floor Initial Acquisition Date 9/27/2023, Maturity Date 9/01/2028
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[27]	4.50%
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Fleetpride Inc., Trading Companies & Distributors,3MS+4.50%(5.00% Floor) Initial Acquisition Date 9/27/2023, Maturity Date 9/01/2028
Schedule Of Investments [Line Items]
Investment, Interest Rate, Floor	[1],[2],[27]	5%
Investment, Acquisition Date	[1],[2],[4],[27]	Sep. 27, 2023
Maturity Date	[1],[2],[4],[27]	Sep. 01, 2028
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 3,000,000
Amortized Cost	[1],[2],[4],[27]	2,968,125
Investments at Fair Value	[1],[2],[4],[27]	$ 3,000,000
Percentage of Net Assets	[1],[2],[4],[27]	3.58%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 3,000,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Fusion Connect, Inc. - 2022 Term Loan, IT Services, 3M S + 7.50% 1.00% PIK (1.00% Floor), Initial Acquisition Date 1/12/2022, Maturity Date 1/18/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[16],[28]				7.50%
Investment, Interest Rate, Paid in Kind	[5],[6],[8],[16],[28]				1%
Investment, Interest Rate, Floor	[5],[6],[8],[16],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[16],[28]				Jan. 12, 2022
Maturity Date	[5],[6],[8],[16],[28]				Jan. 18, 2027
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 6,838,831
Amortized Cost	[5],[6],[8],[16],[28]				6,684,667
Investments at Fair Value	[5],[6],[8],[16],[28]				$ 6,684,957
Percentage of Net Assets	[5],[6],[8],[16],[28]				7.62%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[16],[28]	$ 6,684,957
Investment at Fair Value, Ending Balance	[5],[6],[8],[16],[28]				$ 6,684,957
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, INW Manufacturing, LLC, Food Products, 3M S + 5.75% (0.75% Floor), Initial Acquisition Date 5/5/2021, Maturity Date 3/25/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		5.75%	[1],[2],[4],[27]		5.75%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		0.75%	[1],[2],[4],[27]		0.75%	[5],[6],[8],[28]
Investment, Acquisition Date		May 05, 2021	[1],[2],[4],[27]		May 05, 2021	[5],[6],[8],[28]
Maturity Date		Mar. 25, 2027	[1],[2],[4],[27]		Mar. 25, 2027	[5],[6],[8],[28]
Principal Amount/ Shares		$ 4,500,000	[1],[2],[4],[9],[27]		$ 4,562,500	[5],[6],[8],[16],[28]
Amortized Cost		4,411,663	[1],[2],[4],[27]		4,467,824	[5],[6],[8],[28]
Investments at Fair Value		$ 4,005,000	[1],[2],[4],[27]		$ 4,288,750	[5],[6],[8],[28]
Percentage of Net Assets		4.78%	[1],[2],[4],[27]		4.89%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 4,288,750
Investment at Fair Value, Ending Balance		$ 4,005,000	[1],[2],[4],[27]		$ 4,288,750	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Klein Hersh, LLC, Professional Services, 3M S + 4.63% + 6.77% PIK (0.50% Floor), Initial Acquisition Date 4/21/2022, Maturity Date 4/27/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[9],[27],[33]	4.63%
Investment, Interest Rate, Paid in Kind	[1],[2],[4],[9],[27],[33]	6.77%
Investment, Interest Rate, Floor	[1],[2],[4],[9],[27],[33]	0.50%
Investment, Acquisition Date	[1],[2],[4],[9],[27],[33]	Apr. 21, 2022
Maturity Date	[1],[2],[4],[9],[27],[33]	Apr. 27, 2027
Principal Amount/ Shares	[1],[2],[4],[9],[27],[33]	$ 10,180,038
Amortized Cost	[1],[2],[4],[9],[27],[33]	10,067,405
Investments at Fair Value	[1],[2],[4],[9],[27],[33]	$ 6,617,024
Percentage of Net Assets	[1],[2],[4],[9],[27],[33]	7.89%
Investment at Fair Value, Ending Balance	[1],[2],[4],[9],[27],[33]	$ 6,617,024
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Klein Hersh, LLC, Professional Services, 3M S + 4.63% 6.77% PIK (0.50% Floor), Initial Acquisition Date 4/21/2022, Maturity Date 4/27/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[16],[28],[34]				4.63%
Investment, Interest Rate, Paid in Kind	[5],[6],[8],[16],[28],[34]				6.77%
Investment, Interest Rate, Floor	[5],[6],[8],[16],[28],[34]				0.50%
Investment, Acquisition Date	[5],[6],[8],[16],[28],[34]				Apr. 21, 2022
Maturity Date	[5],[6],[8],[16],[28],[34]				Apr. 27, 2027
Principal Amount/ Shares	[5],[6],[8],[16],[28],[34]				$ 10,390,813
Amortized Cost	[5],[6],[8],[16],[28],[34]				10,275,044
Investments at Fair Value	[5],[6],[8],[16],[28],[34]				$ 8,078,857
Percentage of Net Assets	[5],[6],[8],[16],[28],[34]				9.21%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[16],[28],[34]	$ 8,078,857
Investment at Fair Value, Ending Balance	[5],[6],[8],[16],[28],[34]				$ 8,078,857
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, LABL, INC. Paper Packaging, 1MS+5.00%(0.50% Floor) Initial Acquisition Date 9/27/2023, Maturity Date 10/29/2028
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	5%
Investment, Interest Rate, Floor	[2],[4],[27]	0.50%
Investment, Acquisition Date	[1],[2],[4],[27]	Sep. 27, 2023
Maturity Date	[1],[2],[4],[27]	Oct. 29, 2028
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 3,000,000
Amortized Cost	[1],[2],[4],[27]	3,000,000
Investments at Fair Value	[1],[2],[4],[27]	$ 3,000,000
Percentage of Net Assets	[1],[2],[4],[27]	3.58%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 3,000,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, LaserAway Intermediate Holdings II, LLC, Diversified Consumer Services, 3M S + 5.75% (0.75% Floor), Initial Acquisition Date 10/12/2021, Maturity Date 10/14/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		5.75%	[1],[2],[4],[27]		5.75%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		0.75%	[1],[2],[4],[27]		0.75%	[5],[6],[8],[28]
Investment, Acquisition Date		Oct. 12, 2021	[1],[2],[4],[27]		Oct. 12, 2021	[5],[6],[8],[28]
Maturity Date		Oct. 14, 2027	[1],[2],[4],[27]		Oct. 14, 2027	[5],[6],[8],[28]
Principal Amount/ Shares		$ 7,250,052	[1],[2],[4],[9],[27]		$ 7,268,500	[5],[6],[8],[16],[28]
Amortized Cost		7,173,152	[1],[2],[4],[27]		7,187,704	[5],[6],[8],[28]
Investments at Fair Value		$ 7,250,052	[1],[2],[4],[27]		$ 7,268,500	[5],[6],[8],[28]
Percentage of Net Assets		8.65%	[1],[2],[4],[27]		8.29%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 7,268,500
Investment at Fair Value, Ending Balance		7,250,052	[1],[2],[4],[27]		$ 7,268,500	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, NWN Parent Holdings LLC - Revolver, IT Services, 3M S + 8.00% (1.00% Floor), Initial Acquisition Date 5/5/2021, Maturity Date 5/7/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[15],[28]				8%
Investment, Interest Rate, Floor	[5],[6],[8],[15],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[15],[28]				May 05, 2021
Maturity Date	[5],[6],[8],[15],[28]				May 07, 2026
Principal Amount/ Shares	[5],[6],[8],[15],[16]				$ 400,000
Amortized Cost	[5],[6],[8],[15]				400,000
Investments at Fair Value	[5],[6],[8],[15]				$ 401,000
Percentage of Net Assets	[5],[6],[8],[15]				0.46%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[15]	$ 401,000
Investment at Fair Value, Ending Balance	[5],[6],[8],[15]				$ 401,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, NWN Parent Holdings LLC, IT Services, 3M S + 8.00% (1.00% Floor), Initial Acquisition Date 5/5/2021, Maturity Date 5/7/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		8%	[1],[2],[4],[27]		8%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1%	[1],[2],[4],[27]		1%	[5],[6],[8],[28]
Investment, Acquisition Date		May 05, 2021	[1],[2],[4],[27]		May 05, 2021	[5],[6],[8],[28]
Maturity Date		May 07, 2026	[1],[2],[4],[27]		May 07, 2026	[5],[6],[8],[28]
Principal Amount/ Shares		$ 8,402,893	[1],[2],[4],[9],[27]		$ 8,402,893	[5],[6],[8],[16],[28]
Amortized Cost		8,354,088	[1],[2],[4],[27]		8,350,223	[5],[6],[8],[28]
Investments at Fair Value		$ 8,486,922	[1],[2],[4],[27]		$ 8,423,901	[5],[6],[8],[28]
Percentage of Net Assets		10.12%	[1],[2],[4],[27]		9.61%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 8,423,901
Investment at Fair Value, Ending Balance		$ 8,486,922	[1],[2],[4],[27]		$ 8,423,901	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, PVI Holdings, Inc., Trading Companies & Distributors, 3M S + 6.67% (1.00% Floor), Initial Acquisition Date 7/29/2022, Maturity Date 1/18/2028
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27],[35]	6.67%
Investment, Interest Rate, Floor	[1],[2],[4],[27],[35]	1%
Investment, Acquisition Date	[1],[2],[4],[27],[35]	Jul. 29, 2022
Maturity Date	[1],[2],[4],[27],[35]	Jan. 18, 2028
Principal Amount/ Shares	[1],[2],[4],[9],[27],[35]	$ 3,960,000
Amortized Cost	[1],[2],[4],[27],[35]	3,927,667
Investments at Fair Value	[1],[2],[4],[27],[35]	$ 3,960,000
Percentage of Net Assets	[1],[2],[4],[27],[35]	4.72%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27],[35]	$ 3,960,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Potpourri Group, Inc., Internet & Direct Marketing Retail, 1M S + 8.25% (1.50% Floor), Initial Acquisition Date 6/27/2019, Maturity Date 7/3/2024
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate		8.25%	[1],[2],[4],[27]		8.25%	[5],[6],[8],[28]
Investment, Interest Rate, Floor		1.50%	[1],[2],[4],[27]		1.50%	[5],[6],[8],[28]
Investment, Acquisition Date		Jun. 27, 2019	[1],[2],[4],[27]		Jun. 27, 2019	[5],[6],[8],[28]
Maturity Date		Jul. 03, 2024	[1],[2],[4],[27]		Jul. 03, 2024	[5],[6],[8],[28]
Principal Amount/ Shares		$ 8,907,439	[1],[2],[4],[9],[27]		$ 8,969,729	[5],[6],[8],[16],[28]
Amortized Cost		8,886,521	[1],[2],[4],[27]		8,942,153	[5],[6],[8],[28]
Investments at Fair Value		$ 8,907,439	[1],[2],[4],[27]		$ 8,969,729	[5],[6],[8],[28]
Percentage of Net Assets		10.62%	[1],[2],[4],[27]		10.23%	[5],[6],[8],[28]
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 8,969,729
Investment at Fair Value, Ending Balance		$ 8,907,439	[1],[2],[4],[27]		$ 8,969,729	[5],[6],[8],[28]
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Retail Services WIS Corporation, Commercial Services & Supplies, 3M S + 7.75% (1.00% Floor), Initial Acquisition Date 5/20/2021, Maturity Date 5/20/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	7.75%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	May 20, 2021
Maturity Date	[1],[2],[4],[27]	May 20, 2025
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 6,420,279
Amortized Cost	[1],[2],[4],[27]	6,361,192
Investments at Fair Value	[1],[2],[4],[27]	$ 6,388,178
Percentage of Net Assets	[1],[2],[4],[27]	7.62%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 6,388,178
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Sandvine Corporation, Software, 1MS + 4.50%, Initial Acquisition Date 2/3/2023, Maturity Date 10/31/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27],[36],[37]	4.50%
Investment, Acquisition Date	[1],[2],[4],[27],[36],[37]	Feb. 03, 2023
Maturity Date	[1],[2],[4],[27],[36],[37]	Oct. 31, 2025
Principal Amount/ Shares	[1],[2],[4],[9],[27],[36],[37]	$ 5,284,642
Amortized Cost	[1],[2],[4],[27],[36],[37]	5,093,971
Investments at Fair Value	[1],[2],[4],[27],[36],[37]	$ 4,967,563
Percentage of Net Assets	[1],[2],[4],[27],[36],[37]	5.92%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27],[36],[37]	$ 4,967,563
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, South Coast Terminals, LLC, Chemicals, 1M L + 5.75% (1.00% Floor), Initial Acquisition Date 12/21/2021, Maturity Date 12/10/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	5.75%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	Dec. 21, 2021
Maturity Date	[1],[2],[4],[27]	Dec. 10, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 7,584,070
Amortized Cost	[1],[2],[4],[27]	7,531,101
Investments at Fair Value	[1],[2],[4],[27]	$ 7,527,189
Percentage of Net Assets	[1],[2],[4],[27]	8.98%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 7,527,189
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Work Genius Holdings, Inc - Revolver, Professional Services, 3M S + 7.50% (1.00% Floor), Initial Acquisition Date 12/28/2022, Maturity Date 6/7/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[13]	7.50%
Investment, Interest Rate, Floor	[1],[2],[4],[13]	1%
Investment, Acquisition Date	[1],[2],[4],[13]	Dec. 28, 2022
Maturity Date	[1],[2],[4],[13]	Jun. 07, 2027
Principal Amount/ Shares	[1],[2],[4],[9],[13]	$ 750,000
Amortized Cost	[1],[2],[4],[13]	750,000
Investments at Fair Value	[1],[2],[4],[13]	$ 736,875
Percentage of Net Assets	[1],[2],[4],[13]	0.88%
Investment at Fair Value, Ending Balance	[1],[2],[4],[13]	$ 736,875
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Work Genius Holdings, Inc, Professional Services, 3M S + 7.50% (1.00% Floor), Initial Acquisition Date 6/6/2022, Maturity Date 6/7/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	7.50%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	1%
Investment, Acquisition Date	[1],[2],[4],[27]	Jun. 06, 2022
Maturity Date	[1],[2],[4],[27]	Jun. 07, 2027
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 9,876,923
Amortized Cost	[1],[2],[4],[27]	9,799,003
Investments at Fair Value	[1],[2],[4],[27]	$ 9,704,077
Percentage of Net Assets	[1],[2],[4],[27]	11.57%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 9,704,077
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Xenon Arc, Inc. - Revolver, Trading Companies & Distributors, 1M S + 5.25% (0.75% Floor), Initial Acquisition Date 12/27/2021, Maturity Date 12/17/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[13]	5.25%
Investment, Interest Rate, Floor	[1],[2],[4],[13]	0.75%
Investment, Acquisition Date	[1],[2],[4],[13]	Dec. 27, 2021
Maturity Date	[1],[2],[4],[13]	Dec. 17, 2026
Principal Amount/ Shares	[1],[2],[4],[9],[13]	$ 320,000
Amortized Cost	[1],[2],[4],[13]	320,000
Investments at Fair Value	[1],[2],[4],[13]	$ 320,000
Percentage of Net Assets	[1],[2],[4],[13]	0.38%
Investment at Fair Value, Ending Balance	[1],[2],[4],[13]	$ 320,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured First Lien Debt Investments, Xenon Arc, Inc., Trading Companies & Distributors, 3MS + 5.25% (0.75% Floor), Initial Acquisition Date 12/27/2021, Maturity Date 12/17/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[1],[2],[4],[27]	5.25%
Investment, Interest Rate, Floor	[1],[2],[4],[27]	0.75%
Investment, Acquisition Date	[1],[2],[4],[27]	Dec. 27, 2021
Maturity Date	[1],[2],[4],[27]	Dec. 17, 2027
Principal Amount/ Shares	[1],[2],[4],[9],[27]	$ 8,872,500
Amortized Cost	[1],[2],[4],[27]	8,798,256
Investments at Fair Value	[1],[2],[4],[27]	$ 8,872,500
Percentage of Net Assets	[1],[2],[4],[27]	10.58%
Investment at Fair Value, Ending Balance	[1],[2],[4],[27]	$ 8,872,500
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, PVI Holdings, Inc., Trading Companies & Distributors, 3M S + 5.94% (1.00% Floor), Initial Acquisition Date 7/29/2022, Maturity Date 7/16/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28],[38]				5.94%
Investment, Interest Rate, Floor	[5],[6],[8],[28],[38]				1%
Investment, Acquisition Date	[5],[6],[8],[28],[38]				Jul. 29, 2022
Maturity Date	[5],[6],[8],[28],[38]				Jul. 16, 2027
Principal Amount/ Shares	[5],[6],[8],[16],[28],[38]				$ 3,970,000
Amortized Cost	[5],[6],[8],[28],[38]				3,935,901
Investments at Fair Value	[5],[6],[8],[28],[38]				$ 3,970,000
Percentage of Net Assets	[5],[6],[8],[28],[38]				4.53%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28],[38]	3,970,000
Investment at Fair Value, Ending Balance	[5],[6],[8],[28],[38]				$ 3,970,000
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, Retail Services WIS Corporation, Commercial Services & Supplies, 3M S + 7.75% (1.00% Floor), Initial Acquisition Date 5/20/2021, Maturity Date 5/20/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				7.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				May 20, 2021
Maturity Date	[5],[6],[8],[28]				May 20, 2025
Principal Amount/ Shares	[5],[6],[8],[16],[28]				$ 6,508,087
Amortized Cost	[5],[6],[8],[28]				6,440,129
Investments at Fair Value	[5],[6],[8],[28]				$ 6,443,006
Percentage of Net Assets	[5],[6],[8],[28]				7.35%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	6,443,006
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 6,443,006
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, Sandvine Corporation, Software, 3M S + 4.50%, Initial Acquisition Date 2/3/2023, Maturity Date 10/31/2025
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28],[39],[40]				4.50%
Investment, Acquisition Date	[5],[6],[8],[28],[39],[40]				Feb. 03, 2023
Maturity Date	[5],[6],[8],[28],[39],[40]				Oct. 31, 2025
Principal Amount/ Shares	[5],[6],[8],[16],[28],[39],[40]				$ 5,284,642
Amortized Cost	[5],[6],[8],[28],[39],[40]				5,074,088
Investments at Fair Value	[5],[6],[8],[28],[39],[40]				$ 5,046,833
Percentage of Net Assets	[5],[6],[8],[28],[39],[40]				5.75%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28],[39],[40]	5,046,833
Investment at Fair Value, Ending Balance	[5],[6],[8],[28],[39],[40]				$ 5,046,833
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, South Coast Terminals, LLC, Chemicals, 1M L + 5.75% (1.00% Floor), Initial Acquisition Date 12/21/2021, Maturity Date 12/10/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				5.75%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Dec. 21, 2021
Maturity Date	[5],[6],[8],[28]				Dec. 10, 2026
Principal Amount/ Shares	[5],[6],[8],[16]				$ 7,606,650
Amortized Cost	[5],[6],[8],[28]				7,550,110
Investments at Fair Value	[5],[6],[8],[28]				$ 7,568,617
Percentage of Net Assets	[5],[6],[8],[28]				8.63%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	7,568,617
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 7,568,617
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, Work Genius Holdings, Inc - Revolver, Professional Services, 3M S + 7.50% (1.00% Floor), Initial Acquisition Date 12/28/2022, Maturity Date 6/7/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[15]				7.50%
Investment, Interest Rate, Floor	[5],[6],[8],[15]				1%
Investment, Acquisition Date	[5],[6],[8],[15]				Dec. 28, 2022
Maturity Date	[5],[6],[8],[15]				Jun. 07, 2027
Principal Amount/ Shares	[5],[6],[8],[15],[16],[28]				$ 750,000
Amortized Cost	[5],[6],[8],[15]				750,000
Investments at Fair Value	[5],[6],[8],[15]				$ 729,375
Percentage of Net Assets	[5],[6],[8],[15]				0.83%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[15]	729,375
Investment at Fair Value, Ending Balance	[5],[6],[8],[15]				$ 729,375
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, Work Genius Holdings, Inc, Professional Services, 3M S + 7.50% (1.00% Floor), Initial Acquisition Date 6/6/2022, Maturity Date 6/7/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				7.50%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				1%
Investment, Acquisition Date	[5],[6],[8],[28]				Jun. 06, 2022
Maturity Date	[5],[6],[8],[28]				Jun. 07, 2027
Principal Amount/ Shares	[5],[6],[8],[16]				$ 9,901,923
Amortized Cost	[5],[6],[8],[28]				9,819,740
Investments at Fair Value	[5],[6],[8],[28]				$ 9,629,620
Percentage of Net Assets	[5],[6],[8],[28]				10.98%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	9,629,620
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 9,629,620
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, Xenon Arc, Inc. - Revolver, Trading Companies & Distributors, 6M L + 5.25% (0.75% Floor), Initial Acquisition Date 12/27/2021, Maturity Date 12/17/2026
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[15]				5.25%
Investment, Interest Rate, Floor	[5],[6],[8],[15]				0.75%
Investment, Acquisition Date	[5],[6],[8],[15]				Dec. 27, 2021
Maturity Date	[5],[6],[8],[15]				Dec. 17, 2026
Principal Amount/ Shares	[5],[6],[8],[15],[16]				$ 253,333
Amortized Cost	[5],[6],[8],[15]				253,333
Investments at Fair Value	[5],[6],[8],[15]				$ 253,333
Percentage of Net Assets	[5],[6],[8],[15]				0.29%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[15]	253,333
Investment at Fair Value, Ending Balance	[5],[6],[8],[15]				$ 253,333
Investment, Identifier [Axis]: Non-Controlled/Non-Affiliated Investments, Senior Secured Second Lien Debt Investments, Xenon Arc, Inc., Trading Companies & Distributors, 6M L + 5.25% (0.75% Floor), Initial Acquisition Date 12/27/2021, Maturity Date 12/17/2027
Schedule Of Investments [Line Items]
Investment, Basis Spread, Variable Rate	[5],[6],[8],[28]				5.25%
Investment, Interest Rate, Floor	[5],[6],[8],[28]				0.75%
Investment, Acquisition Date	[5],[6],[8],[28]				Dec. 27, 2021
Maturity Date	[5],[6],[8],[28]				Dec. 17, 2027
Principal Amount/ Shares	[5],[6],[8],[16]				$ 8,895,000
Amortized Cost	[5],[6],[8],[28]				8,818,485
Investments at Fair Value	[5],[6],[8],[28]				$ 8,895,000
Percentage of Net Assets	[5],[6],[8],[28]				10.14%
Investment at Fair Value, Beginning Balance	[5],[6],[8],[28]	$ 8,895,000
Investment at Fair Value, Ending Balance	[5],[6],[8],[28]				$ 8,895,000
[1] All investments of the Company are in entities which are organized under the laws of the United States and have a principal place of business in the United States, unless otherwise noted. All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors. As defined in the 1940 Act, the Company is deemed to be an “Affiliated Person” of this portfolio company because it owns 5 % or more, up to 25 % (inclusive), of the portfolio company’s outstanding voting securities (“non-controlled affiliate”). As defined in the 1940 Act, the Company is deemed to be both an “affiliated person” and “control” a portfolio company if it owns more than 25 % of the portfolio company’s outstanding voting securities or has the power to exercise control over the management or policies of such portfolio company (including through a management agreement). As of September 30, 2023 , the Company had no “Control Investments.” The Company’s investments are generally acquired in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of September 30, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $ 223,404,283 at fair value and represented 266.40 % of the Company’s net assets. All investments of the Company are in entities which are organized under the laws of the United States and have a principal place of business in the United States, unless otherwise noted. All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company's board of directors. As defined in the 1940 Act, the Company is deemed to be an “Affiliated Person” of this portfolio company because it owns 5 % or more, up to 25 % (inclusive), of the portfolio company’s outstanding voting securities (“non-controlled affiliate”.). As defined in the 1940 Act, the Company is deemed to be both an “affiliated person” and “control” a portfolio company if it owns more than 25 % of the portfolio company’s outstanding voting securities or has the power to exercise control over the management or policies of such portfolio company (including through a management agreement.) As of June 30, 2023 , the Company had no “Control Investments.” The Company’s investments are generally acquired in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”.) Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $ 220,111,329 at fair value and represented 250.98 % of the Company’s net assets. Principal amount includes capitalized PIK interest unless otherwise noted. Securities are non-income producing. Securities are non-income producing. Classified as non-accrual asset. Refer to Note 6 for more detail on the unfunded commitments. Classified as non-accrual asset. Refer to Note 6 for more detail on the unfunded commitments. Principal amount includes capitalized PIK interest unless otherwise noted. Gross additions include increases in the cost basis of investments resulting from new investments and follow-on investments. Gross additions include increases in the cost basis of investments resulting from new investments and follow-on investments. Gross reductions include decreases in the total cost basis of investment repayments from principal repayments or sales. Gross reductions include decreases in the total cost basis of investments resulting from principal repayments or sales. Represents the total amount of interest, fees or dividends credited to income for the portion of the period an investment was included in the Affiliate category. Represents the total amount of interest, fees or dividends credited to income for the portion of the period an investment was included in the Affiliate category. Investment is non-income producing. The fair value of all investments were determined using significant unobservable inputs. The fair value of all investments were determined using significant unobservable inputs. Investment is non-income producing. A portion or all is held by the Company indirectly through Investcorp Credit Management BDC SPV, LLC and pledged as collateral for the revolving credit facility held through Capital One, N.A. A portion or all is held by the Company indirectly through Investcorp Credit Management BDC SPV, LLC and pledged as collateral for the revolving credit facility held through Capital One, N.A. Security in default. Security in default. 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 plus 6.25 % (Floor 0.50 %) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. The Company has entered into an Agreement Amongst Lenders 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 plus 6.25 % (Floor 1.00 %) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. The Company has entered into an Agreement Amongst Lenders 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 plus 7.50 % plus 3.00 % PIK (Floor 0.50 %) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. 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 plus 4.63 % (Floor 0.50 %) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. The Company has entered into an Agreement Among Lenders with the "first out" lenders, whereby the “first out” tranche will receive priority ahead of the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder in certain circumstances. Therefore, the Company receives a higher interest rate than the contractually stated interest rate of SOFR plus 6.00 % subject to a grid (Floor 1.00 %) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. A portfolio company domiciled in Canada. The jurisdiction of the security issuer may be a different country than the domicile of the portfolio company. The investment is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). The Company may not acquire any non-qualifying asset unless, at the time of acquisition, qualifying assets represent at least 70 % of the Company’s total assets. As of September 30, 2023, non-qualifying assets represented 2.03 % % of the Company’s total assets, at fair value. 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 plus 5.75 % (Floor 0.50 %) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. A portfolio company domiciled in Canada. The jurisdiction of the security issuer may be a different country than the domicile of the portfolio company. The investment is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). The Company may not acquire any non-qualifying asset unless, at the time of acquisition, qualifying assets represent at least 70 % of the Company’s total assets. As of June 30, 2023 , non-qualifying assets represented 2.12 % of the Company’s total assets, at fair value.

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Schedule Of Investments [Line Items]
Investments at fair value	$ 223,404,283	$ 220,111,329
Percentage of net assets	100%	100%
Percentage of voting interests acquired in portfolio	25%	25%
Tranche One | Professional Services | PIK [Member]
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	3%
SOFR | Tranche One | Professional Services
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	7.50%	4.63%
SOFR | Tranche Two | Professional Services
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	6%	5.75%
SOFR | Tranche Three | Professional Services
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	6.25%	6.25%
Interest Rate Floor | Tranche One | Professional Services
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	0.50%	0.50%
Interest Rate Floor | Tranche Two | Professional Services
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	1%	0.50%
Interest Rate Floor | Tranche Three | Professional Services
Schedule Of Investments [Line Items]
Debt instrument, interest rate, higher than stated percentage	1%	0.50%
1-month LIBOR | London Interbank Offered Rates (LIBOR)
Schedule Of Investments [Line Items]
Investment percentage	5.43%	5.22%
3-month LIBOR | London Interbank Offered Rates (LIBOR)
Schedule Of Investments [Line Items]
Investment percentage	5.66%	5.55%
6-month LIBOR | London Interbank Offered Rates (LIBOR)
Schedule Of Investments [Line Items]
Investment percentage	5.90%	5.76%
PRIME Interest Rate | London Interbank Offered Rates (LIBOR)
Schedule Of Investments [Line Items]
Investment percentage	8.50%	8.25%
1-month SOFR | SOFR
Schedule Of Investments [Line Items]
Investment percentage	5.32%	5.14%
3-month SOFR | SOFR
Schedule Of Investments [Line Items]
Investment percentage	5.40%	5.27%
6-month SOFR | SOFR
Schedule Of Investments [Line Items]
Investment percentage	5.47%	5.39%
Minimum
Schedule Of Investments [Line Items]
Percentage of voting interests acquired in portfolio	5%	5%
Maximum
Schedule Of Investments [Line Items]
Percentage of voting interests acquired in portfolio	25%	25%
Investment | Portfolio
Schedule Of Investments [Line Items]
Investments at fair value	$ 223,404,283	$ 220,111,329
Percentage of net assets	266.40%	250.98%
Qualifying Assets
Schedule Of Investments [Line Items]
Percentage of net assets	70%	70%
Non Qualifying Assets
Schedule Of Investments [Line Items]
Percentage of net assets	2.03%	2.12%

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (1,684,362)	$ 1,657,507

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

N-2

N-2 - $ / shares		3 Months Ended
		Sep. 30, 2023		Jun. 30, 2023	Sep. 30, 2022		Jun. 30, 2022
Cover [Abstract]
Entity Central Index Key		0001578348
Amendment Flag		false
Securities Act File Number		814-01054
Document Type		10-Q
Entity Registrant Name		INVESTCORP CREDIT MANAGEMENT BDC, INC.
Entity Address, Address Line One		280 Park Avenue 39th Floor
Entity Address, City or Town		New York
Entity Address, State or Province		NY
Entity Address, Postal Zip Code		10017
City Area Code		212
Local Phone Number		599-4700
Entity Emerging Growth Company		false
General Description of Registrant [Abstract]
Risk Factors [Table Text Block]		Item 1A. Risk Factors You should carefully consider the risks referenced below and all other information contained in this Quarterly Report on Form 10-Q, including our interim financial statements and the related notes thereto, before making a decision to purchase our securities. Any such risks and uncertainties are not the only ones facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may have a material adverse effect on our business, financial condition and/or operating results, as well as the market price of our securities. There have been no material changes during the three months ended September 30, 2023 to the risk factors previously disclosed in our Annual Report on Form 10-K for the year ended June 30, 2023 (filed with the SEC on September 21, 2023). If any of such changes or risks actually occur, our business, financial condition or results of operations could be materially adversely affected. If that happens, the value of our securities could decline, and you may lose all or part of your investment.
Share Price	[1]	$ 3.99			$ 3.58
NAV Per Share	[2]	$ 5.83	[1]	$ 6.09	$ 6.47	[1]	$ 6.5
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Security Dividends [Text Block]		Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Unregistered Sales of Equity Securities During the three months ended September 30, 2023, we issued 1,066 shares of common stock under our dividend reinvestment plan. These issuances were not subject to the registration requirements under the Securities Act. The cash paid for shares of common stock issued under our dividend reinvestment plan during the three months ended September 30, 2023 was $3,797. Issuer Purchases of Equity Securities None.
[1] The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period. All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date.

Organization

Organization	3 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Note 1. Organization Investcorp Credit Management BDC, Inc. (“ICMB” or the “Company”), a Maryland corporation formed in May 2013, is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”), and has elected to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code (the “Code”) for U.S. federal income tax purposes. The Company is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) Topic 946 Financial Services – Investment Companies. On February 11, 2014, the Company completed its initial public offering (the “Offering”), selling 7,666,666 shares of its common stock, par value $ 0.001 , including the underwriters’ over-allotment, at a price of $ 15.00 per share with net proceeds of approximately $ 111.5 million. CM Finance LLC, a Maryland limited liability company, commenced operations in March 2012. Immediately prior to the Offering, CM Finance LLC was merged with and into the Company (the “Merger”). In connection with the Merger, the Company issued 6,000,000 shares of common stock and $ 39.8 million in debt to the pre-existing CM Finance LLC investors, consisting of funds managed by Cyrus Capital Partners, L.P. (the “Original Investors” or the “Cyrus Funds”). The Company had no assets or operations prior to completion of the Merger and, as a result, the books and records of CM Finance LLC became the books and records of the Company, as the surviving entity. Immediately after the Merger, the Company issued 2,181,818 shares of its common stock to Stifel Venture Corp. (“Stifel”) in exchange for $ 32.7 million in cash. The Company used all of the proceeds of the sale of shares to Stifel to repurchase 2,181,818 shares of common stock from the Original Investors. Immediately after the completion of the Offering, the Company had 13,666,666 shares outstanding. The Company used a portion of the net proceeds of the Offering to repay 100 % of the debt issued to the Original Investors in connection with the Merger. CM Investment Partners LLC (the “Adviser”) serves as the Company’s investment adviser. On August 30, 2019, Investcorp Credit Management US LLC (“Investcorp”), a subsidiary of Investcorp Bank Holdings B.S.C., acquired the interests in the Adviser, which were previously held by the Cyrus Funds and Stifel and paid off certain debt owed by the Adviser, resulting in Investcorp having a majority ownership interest in the Adviser (the “Investcorp Transaction”). On August 30, 2019, CM Finance, Inc. changed its name to Investcorp Credit Management BDC, Inc. In connection with the Investcorp Transaction, on June 26, 2019, the Company entered into a definitive stock purchase and transaction agreement with Investcorp BDC Holdings Limited (“Investcorp BDC”), an affiliate of Investcorp (the “Stock Purchase Agreement”). Under the Stock Purchase Agreement, Investcorp BDC was required by August 30, 2021 to purchase (i) 680,985 newly issued shares of the Company’s common stock, par value $ 0.001 per share, at the most recently determined net asset value per share of the Company’s common stock at the time of such purchase, as adjusted as necessary to comply with Section 23 of the 1940 Act, and (ii) 680,985 shares of the Company’s common stock in open-market or secondary transactions. Investcorp BDC has completed all required purchases under the Stock Purchase Agreement. In connection with the Investcorp Transaction, on June 26, 2019, the Company’s board of directors, including all of the directors who are not “interested persons” of the Company, as defined in Section 2(a)(19) of the 1940 Act (each, an “Independent Director”), unanimously approved a new investment advisory agreement (the “Advisory Agreement”) which was subsequently approved by the Company’s stockholders at a special meeting of stockholders held on August 28, 2019. In connection with the closing of the Investcorp Transaction, on August 30, 2019, the Company entered into the Advisory Agreement and a new administration agreement (the “Administration Agreement”) with the Adviser as its investment adviser and administrator, respectively. The Advisory Agreement and the Administration Agreement are substantially similar to the Company’s prior investment advisory agreement between the Company and the Adviser and the Company’s prior administration agreement, respectively. The Company’s primary investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing directly in debt and related equity of privately held middle-market companies to help these companies fund acquisitions, growth or refinancing. The Company invests primarily in middle-market companies in the form of standalone first and second lien loans, unitranche loans and mezzanine loans. The Company may also invest in unsecured debt, bonds and in the equity of portfolio companies through warrants and other instruments. As a BDC, the Company is required to comply with certain regulatory requirements. For instance, as a BDC, the Company must not acquire any assets other than “qualifying assets,” as defined in Section 55(a) of the 1940 Act unless, at the time the acquisition is made, at least 70 % of total assets are qualifying assets. Qualifying assets generally include investments in “eligible portfolio companies,” which, under the 1940 Act, are generally defined as any issuer that (1) is organized under the laws of, and has its principal place of business, in the United States; (2) is not an investment company (other than a small business investment company wholly-owned by the BDC) or a company that would be an investment company but for certain exclusions under the 1940 Act; and (3) either does not have any class of securities listed on a national securities exchange or has any class of securities listed on a national securities exchange and have a market capitalization of less than $ 250 million, in each case organized and with their principal of business in the United States. From time-to-time, the Company may form taxable subsidiaries that are taxed as corporations for U.S. federal income tax purposes (the “Taxable Subsidiaries”). At September 30, 2023 and June 30, 2023 , the Company had no Taxable Subsidiaries. The Taxable Subsidiaries, if any, allow the Company to hold equity securities of portfolio companies organized as pass-through entities while continuing to satisfy the requirements applicable to a RIC under the Code.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies The following is a summary of significant accounting policies followed by the Company. a. Basis of Presentation The accompanying consolidated financial statements are prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Articles 6, 10 and 12 of Regulation S-X. Accordingly, certain disclosures accompanying annual financial statements prepared in accordance with U.S. GAAP are omitted. The unaudited financial statements and notes should be read in conjunction with the audited financial statements and notes thereto for the year ended June 30, 2023. All values are stated in U.S. dollars, unless noted otherwise. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the periods included herein as required by U.S. GAAP. These adjustments are normal and recurring in nature. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the fair value of investments and other amounts reported in the consolidated financial statements and accompanying notes. Management believes that the estimates utilized in preparing the Company’s consolidated financial statements are reasonable and prudent. Actual results could differ materially from these estimates. All material inter-company balances and transactions have been eliminated. As permitted under Regulation S-X and ASC Topic 946, the Company will generally not consolidate its investment in a portfolio company other than an investment company subsidiary or a controlled operating company whose business consists of providing all or substantially all of its services to the Company. Accordingly, the Company consolidated the results of the Company’s wholly-owned subsidiaries, CM Finance SPV Ltd. (“SPV”), CM Finance SPV LLC (“LLC”) and Investcorp Credit Management BDC SPV, LLC (“SPV LLC”), which are special purpose vehicles used to finance certain investments in its consolidated financial statements. The effects of all material intercompany balances and transactions have been eliminated in consolidation. The Company reclassified prior period affiliate and other information in the accompanying consolidated balance sheet and income statements to conform to its current period presentation. These reclassifications had no effect on the Company’s consolidated financial position or the consolidated results of operations as previously reported. b. Revenue Recognition, Security Transactions, and Realized/Unrealized Gains or Losses Interest income, adjusted for amortization of premium and accretion of discount, is recorded on an accrual basis. Origination, closing, commitment, and amendment fees, and purchase and original issue discounts (“OID”) associated with loans to portfolio companies are accreted into interest income over the respective terms of the applicable loans. Accretion of discounts or premiums is calculated by the effective interest or straight-line method, as applicable, as of the purchase date and adjusted only for material amendments or prepayments. Upon the prepayment of a loan or debt security, any prepayment penalties are included in other fee income and unamortized fees and discounts are recorded as interest income and are non-recurring in nature. During the three months ended September 30, 2023, $ 174,454 of prepayment penalties and unamortized discounts upon prepayment were recorded as investment income. During the three months ended September 30, 2022, $ 155,038 of prepayment penalties and unamortized discounts upon prepayment were recorded as interest income. Structuring fees and similar fees are recognized as income as earned, usually when received. Structuring fees, excess deal deposits, net profits interests and overriding royalty interests are included in other fee income. Management reviews all loans that become 90 days or more past due on principal or interest or when there is reasonable doubt that principal or interest will be collected for possible placement on non-accrual status. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. However, capitalized PIK interest will not be reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current, although management may make exceptions to this general rule if the loan has sufficient collateral value and is in the process of collection. As of September 30, 2023, the Company had ten loans on non-accrual status, 1888 Industrial Services, LLC – Term A, Term C and Revolver, American Nuts Holdings, LLC - Term A and Term B, American Teleconferencing Services, Ltd. (d/b/a Premiere Global Services, Inc.) Revolver, Arborworks Acquisition LLC - Term Loan and Revolver, CareerBuilder, LLC and Klein Hersh, LLC, which collectively represented 10.62 % of the Company’s portfolio at fair value. As of June 30, 2023 , the Company had six loans on non-accrual status, 1888 Industrial Services, LLC – Term A, Term C and Revolver, American Nuts Holdings, LLC - Term A and Term B, and American Teleconferencing Services, Ltd. (d/b/a Premiere Global Services, Inc.) Revolver, which collectively represented 4.08 % of the Company’s portfolio at fair value. Dividend income is recorded on the ex-dividend date. Investment transactions are accounted for on a trade-date basis. Realized gains or losses on investments are determined by calculating the difference between the net proceeds from the disposition and the amortized cost basis of the investments, without regard to unrealized gains or losses previously recognized. Realized gains or losses on the sale of investments are calculated using the specific identification method. The Company reports changes in fair value of investments as a component of the net change in unrealized appreciation (depreciation) on investments in the Unaudited Consolidated Statements of Operations. The Company holds debt investments in its portfolio that contain a payment-in-kind (“PIK”) interest provision. PIK interest, which represents contractually deferred interest added to the investment balance that is generally due at maturity, is recorded on an accrual basis to the extent that such amounts are expected to be collected. PIK interest is not accrued if the Company does not expect the issuer to be able to pay all principal and interest when due. The Company earned PIK interest of $ 100,181 during the three months ended September 30, 2023. The Company earned PIK interest of $ 181,738 during the three months ended September 30, 2022. The Company may hold equity investments in its portfolio that contain a PIK dividend provision. PIK dividends, which represent contractual dividend payments added to the investment balance, are recorded on an accrual basis to the extent that such amounts are expected to be collected. The Company earned PIK dividends of $ 188,251 during the three months ended September 30, 2023. The Company earned PIK dividends of $ 166,449 during the three months ended September 30, 2022 . c. Paid In Capital The Company records the proceeds from the sale of its common stock to common stock and additional paid-in capital, net of commissions and marketing support fees. d. Net Increase (Decrease) in Net Assets Resulting from Operations per Share The net increase (decrease) in net assets resulting from operations per share is calculated based upon the weighted average number of shares of common stock outstanding during the reporting period. e. Distributions Dividends and distributions to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend or distribution is determined by the Company’s board of directors each quarter and is generally based upon the earnings estimated by management. Net realized capital gains, if any, are generally distributed annually, although the Company may decide to retain such capital gains for investment. The Company has adopted a dividend reinvestment plan that provides for reinvestment of any distributions the Company declares in cash on behalf of the Company’s stockholders, unless a stockholder elects to receive cash. As a result, if the Company’s board of directors authorizes, and the Company declares, a cash distribution, then the Company’s stockholders who have not “opted out” of the Company’s dividend reinvestment plan will have their cash distributions automatically reinvested in additional shares of the Company’s common stock, rather than receiving the cash distribution. f. Cash and Restricted Cash Cash and restricted cash consist of bank demand deposits. The Company deposits its cash in financial institutions and, at times, such balance may be in excess of the Federal Deposit Insurance Corporation insurance limits. All of the Company’s cash deposits are held at what management believes to be large established high credit quality financial institutions and management believes that the risk of loss associated with any uninsured balances is remote. The Company has restrictions on the uses of the cash held by SPV, LLC and SPV LLC based on the terms of the relevant financing arrangement. For more information on the Company’s financing arrangements and borrowings, see Note 5. g. Deferred Offering Costs Deferred offering costs consist of fees and expenses incurred in connection with the offer and sale of the Company’s common stock and bonds, including legal, accounting, printing fees, and other related expenses, as well as costs incurred in connection with the filing of a shelf registration statement. These costs are capitalized when incurred and recognized as a reduction of offering proceeds when the offering is completed. h. Investment Transactions and Expenses Purchases of loans, including revolving credit agreements, are recorded on a fully committed basis until the funded and unfunded portions are known or estimable, which in many cases may not be until settlement. Expenses are accrued as incurred. Deferred debt issuance costs and deferred financing costs, incurred in connection with the Company’s financing arrangements and borrowings, are amortized using the straight-line method which approximates the effective interest method over the life of the debt. i. Investment Valuation The Company applies fair value accounting to all of its financial instruments in accordance with ASC Topic 820 – Fair Value Measurements and Disclosures (“ASC 820”) and Rule 2a-5 under the 1940 Act. ASC 820 defines fair value, establishes a framework used to measure fair value and requires disclosures for fair value measurements. In accordance with ASC 820, the Company has categorized its investments and financial instruments carried at fair value, based on the priority of the valuation technique, into a three-level fair value hierarchy as discussed in Note 4. Fair value is a market-based measure considered from the perspective of the market participant who holds the financial instrument rather than an entity specific measure. Therefore, when market assumptions are not readily available, the Company’s own assumptions are set to reflect those that management believes market participants would use in pricing the financial instrument at the measurement date. Fair value is defined as the price that would be received upon a sale of an asset in an orderly transaction between market participants at the measurement date. Market participants are buyers and sellers in the principal (or most advantageous) market for the asset that (a) are independent of us, (b) are knowledgeable, having a reasonable understanding about the asset based on all available information (including information that might be obtained through due diligence efforts that are usual and customary), (c) are able to transact for the asset, and (d) are willing to transact for the asset or liability (that is, they are motivated but not forced or otherwise compelled to do so). Securities that are traded on securities exchanges (including such securities traded in the afterhours market) are valued on the basis of the closing price on the valuation date (if such prices are available). Securities that are traded on more than one securities exchange are valued at the closing price on the primary securities exchange on which such securities are traded on the valuation date (or if reported on the consolidated tape, then their last sales price on the consolidated tape). Listed options for which the last sales price falls between the last “bid” and “ask” prices for such options are valued at their last sales price on the date of the valuation on the primary securities exchange on which such options are traded. Options for which the last sales price on the valuation date does not fall between the last “bid” and “ask” prices are valued at the average of the last “bid” and “ask” prices for such options on that date. To the extent these securities are actively traded, and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. The Company held no Level 1 investments as of September 30, 2023 or June 30, 2023. Investments that are not traded on securities exchanges but are traded on the over-the-counter (“OTC”) markets (such as term loans, notes and warrants) are valued using various techniques, which may consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (when observable) and fundamental data relating to the issuer. These investments are categorized in Level 2 of the fair value hierarchy, or in instances when lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3. Investments for which market quotations are not readily available or may be considered unreliable are fair valued, in good faith, using a method determined to be appropriate in the given circumstances. The valuation methods used include the Cost Approach, the Market Approach and the Income Approach. Inputs used in these approaches may include, but are not limited to, interest rate yield curves, credit spreads, recovery rates, comparable company transactions, trading multiples, and volatilities. The valuation method the Company uses may change as changes in the underlying portfolio company dictates, such as moving from the Cost Approach to Market Approach when underlying conditions change at the company. Because of the inherent uncertainty of valuation in these circumstances, the fair values for the aforementioned investments may differ significantly from values that would have been used had a ready and liquid market for such investments existed or from the amounts that might ultimately be realized, and such differences could be material. The Adviser seeks to ensure that the Company’s valuation policies and procedures, as approved by the Company’s board of directors, are consistently applied across all investments of the Company. The valuations are continuously monitored and the valuation process for Level 3 investments is completed on a quarterly basis and is designed to subject the valuation of Level 3 investments to an appropriate level of consistency, oversight and review. The valuation process begins with each portfolio company or investment being initially valued by the investment professionals of the Adviser responsible for the portfolio investment. These investment professionals prepare the preliminary valuations based on their evaluation of financial and operating data, company specific developments, market valuations of comparable securities from the same company or that of comparable companies as well as any other relevant factors including recent purchases and sales that may have occurred preceding month-end. Valuation models are typically calibrated upon initial funding and are re-calibrated as necessary upon subsequent material events (including, but not limited to additional financing activity, changes in comparable companies, and recent trades). The preliminary valuation conclusions are then documented and discussed with senior management of the Adviser. On a periodic basis and at least once annually, one or more third-party independent valuation firm(s) engaged by the Company conduct independent appraisals and review the Adviser’s preliminary valuations and make their own independent assessment. The Valuation Committee of the Company’s board of directors then reviews the preliminary valuations of the Adviser and, as applicable, that of any independent valuation firms. The Valuation Committee discusses the valuations and makes a recommendation to the Company’s board of directors regarding the fair value of each investment in good faith based on the input of the Adviser and the independent valuation firm(s). Upon recommendation by the Valuation Committee and a review of the valuation materials of the Adviser and the third-party independent valuation firm(s), the board of directors of the Company determines, in good faith, the fair value of each investment. For more information on the classification of the Company’s investments by major categories, see Note 4. The fair value of the Company’s assets and liabilities that qualify as financial instruments under U.S. GAAP approximates the carrying amounts presented in the Unaudited Consolidated Statements of Assets and Liabilities. j. Income Taxes The Company has elected to be treated, for U.S. federal income tax purposes, as a RIC under Subchapter M of the Code. To maintain qualification as a RIC, the Company must, among other things, meet certain source of income and asset diversification requirements and distribute to stockholders, for each taxable year, at least 90 % of the Company’s “investment company taxable income,” which is generally the Company’s net ordinary income plus the excess, if any, of realized net short-term capital gains over realized net long-term capital losses. If the Company continues to qualify as a RIC and continues to satisfy the annual distribution requirement, the Company will not have to pay corporate level U.S. federal income taxes on any income that the Company distributes to its stockholders. The Company intends to make distributions in an amount sufficient to maintain RIC status each year and to avoid any federal income taxes on income. The Company will also be subject to nondeductible U.S. federal excise taxes if the Company does not distribute to its stockholders at least 98 % of net ordinary income, 98.2 % of capital gains, if any, and any recognized and undistributed income from prior years for which it paid no U.S. federal income taxes. Additionally, certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state income taxes. At September 30, 2023 and September 30, 2022, the Company had no Taxable Subsidiaries. The Company incurred excise tax expenses, which are included in the provision for tax expense of $ 100,747 for the three months ended September 30, 2023, and $ 44,330 for the three months ended September 30, 2022. Book and tax basis differences that are permanent differences are reclassified among the Company’s capital accounts, as appropriate at year-end. Additionally, the tax character of distributions is determined in accordance with the Code, which differs from U.S. GAAP. During the three months ended September 30, 2023, the Company recorded distributions of $ 2.2 million . During the three months ended September 30, 2022, the Company recorded distributions of $ 2.2 million . For certain periods, the tax character of a portion of distributions may be return of capital. U.S. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions not deemed to meet a more-likely-than-not threshold would be recorded as a tax expense in the current year. The Company’s policy is to recognize accrued interest and penalties associated with uncertain tax positions as part of the tax provision. The Company has analyzed such tax positions and has concluded that no unrecognized tax benefits should be recorded for uncertain tax positions for any tax year since inception. The tax years ended June 30, 2020 through present remain subject to examinations by taxing authorities. This conclusion may be subject to review and adjustment at a later date based on factors, including but not limited to, ongoing analysis and changes to laws, regulations, and interpretations thereof. Permanent differences between investment company taxable income and net investment income for financial reporting purposes are reclassified among capital accounts in the financial statements to reflect their tax character. Differences in classification may also result from the treatment of short-term gains as ordinary income for U.S. federal income tax purposes. During the year ended June 30, 2023, the Company reclassified for book purposes amounts arising from permanent book/tax differences related to the different tax treatment of paydown gains and losses, Taxable Subsidiary partnership investments, nondeductible taxes paid and income/(loss) from wholly owned subsidiaries as follows: As of June 30, 2023 Additional paid-in capital $ ( 284,155 ) Distributable earnings 284,155 The tax character of all distributions paid by the Company during the year ended June 30, 2023 was ordinary income. At June 30, 2023, the components of distributable earnings on a tax basis were as follows: As of June 30, 2023 Undistributed net investment income $ 11,648,379 Accumulated capital gains (losses) and other ( 27,970,779 ) Capital loss carryover ( 73,713,555 ) Unrealized appreciation (depreciation) ( 23,015,323 ) Distributions payable ( 2,590,520 ) Distributable earnings (loss) $ ( 115,641,798 ) For U.S. federal income tax purposes, net realized capital losses may be carried over to offset future capital gains, if any. These capital losses can be carried forward for an indefinite period and will retain their character as either short-term or long-term capital losses. As of June 30, 2023 , the Company had a net short-term capital loss carryforward of $ 1,971,187 and a net long-term capital loss carryforward of $ 71,742,368 available to be carried forward for an indefinite period. A RIC may elect to defer any capital losses incurred after October 31 of a taxable year (“post-October”) to the beginning of the following fiscal year. As of June 30, 2023 , the Company had a post-October short-term capital loss deferral of $ 41,242 and a post-October long-term capital loss deferral of $ 27,178,811 . These losses were deemed to arise on July 1, 2023. k. Capital Gains Incentive Fee Under the Advisory Agreement, the Company has agreed to pay the Adviser a fee for investment advisory and management services consisting of two components: a base management fee (the “Base Management Fee”) and an incentive fee (the “Incentive Fee”). The Incentive Fee has two components: one based on the Company’s pre-Incentive Fee net investment income (the “Income-Based Fee”) and one based on capital gains (the “Capital Gains Fee”). Under U.S. GAAP, the Company calculates the Capital Gains Fee payable to the Adviser as if the Company had realized all investments at their fair values as of the reporting date. Accordingly, the Company accrues a provisional Capital Gains Fee taking into account any unrealized gains or losses. As the provisional Capital Gains Fee is subject to the performance of investments until there is a realization event, the amount of provisional Capital Gains Fee accrued at a reporting date may vary from the incentive fee that is ultimately realized and the differences could be material. Under the Advisory Agreement, the Capital Gains Fee is determined and payable in arrears as of the end of each fiscal year (or upon termination of the Advisory Agreement, as of the termination date) commencing with the Company’s fiscal year ending on June 30, 2021, and is calculated at the end of each applicable year by subtracting (1) the sum of the Company’s cumulative aggregate realized capital losses and aggregate unrealized capital depreciation from (2) the Company’s cumulative aggregate realized capital gains, in each case calculated from June 30, 2020. If the amount so calculated is positive, then the Capital Gains Fee for such year is equal to 20% of such amount, less the aggregate amount of Capital Gains Fees paid in all prior years under the Advisory Agreement. If such amount is negative, then no Capital Gains Fee will be payable for such year. Under the Advisory Agreement, the Capital Gains Fee was not charged until the fiscal year ended June 30, 2023. As of September 30, 2023 and June 30, 2023 , there was no Capital Gains Fee payable to the Adviser under the Advisory Agreement.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Note 3. Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the FASB or other standards setting bodies that are adopted by the Company as of the specified effective date. The Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on its financial statements upon adoption. In June 2022, the FASB issued ASU 2022-03, "Fair Value Measurement (Topic 820) - Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions", which was issued to (1) clarify the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security, (2) to amend a related illustrative example, and (3) to introduce new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The new guidance is effective for interim and annual periods beginning after December 15, 2023. The Company does not anticipate the new standard will have a material impact to the consolidated financial statements and related disclosures.

Investments

Investments	3 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	Note 4. Investments The Company’s investments, at any time, may include securities and other financial instruments, including, without limitation, corporate and government bonds, convertible securities, collateralized loan obligations, term loans, revolvers and delayed draw facilities, trade claims, equity securities, privately negotiated securities, direct placements, working interests, warrants and investment derivatives (such as credit default swaps, recovery swaps, total return swaps, options, forward contracts, and futures) (all of the foregoing collectively referred to in these financial statements as “investments”). a. Certain Risk Factors In the ordinary course of business, the Company manages a variety of risks including market risk, liquidity risk and credit risk. The Company identifies, measures and monitors risk through various control mechanisms, including trading limits and diversifying exposures and activities across a variety of instruments, markets and counterparties. Market risk is the risk of potential adverse changes to the value of financial instruments because of changes in market conditions, including as a result of changes in the credit quality of a particular issuer, credit spreads, interest rates, and other movements and volatility in security prices or commodities. In particular, the Company may invest in issuers that are experiencing or have experienced financial or business difficulties (including difficulties resulting from the initiation or prospect of significant litigation or bankruptcy proceedings), which involves significant risks. The Company manages its exposure to market risk through the use of risk management strategies and various analytical monitoring techniques. With respect to liquidity risk, the Company’s assets may, at any time, include securities and other financial instruments or obligations that are illiquid or thinly traded, making the purchase or sale of such securities and financial instruments at desired prices or in desired quantities difficult. Furthermore, the sale of any such investments may be possible only at substantial discounts, and it may be extremely difficult to value any such investments accurately. Credit risk is the potential loss the Company may incur from a failure of an issuer to make payments according to the terms of a contract. The Company is subject to credit risk because of its strategy of investing in the debt of leveraged companies and its involvement in derivative instruments. The Company’s exposure to credit risk on its investments is limited to the fair value of the investments. With regard to derivatives, the Company attempts to limit its credit risk by considering its counterparty’s (or its guarantor’s) credit rating. b. Investments Investment purchases, sales and principal payments/paydowns are summarized below for the three months ended September 30, 2023 and September 30, 2022, respectively. These purchase and sale amounts exclude derivative instruments as well as non-cash restructurings. For the three months ended September 30, 2023 2022 Investment purchases, at cost (including PIK interest) $ 16,535,289 $ 22,147,855 Investment sales and repayments 10,317,357 16,476,699 The composition of the Company’s investments as of September 30, 2023, by investment type, as a percentage of the total portfolio, at amortized cost and fair value, are as follows: Investment Type Investments at Percentage of Investments at Percentage of Senior Secured First Lien Debt Investments $ 220,517,589 88.24 % $ 200,319,576 89.67 % Equity, Warrants and Other Investments 29,386,210 11.76 23,084,707 10.33 Total $ 249,903,799 100.00 % $ 223,404,283 100.00 % The composition of the Company’s investments as of June 30, 2023, by investment type, as a percentage of the total portfolio, at amortized cost and fair value, are as follows: Investment Type Investments at Percentage of Investments at Percentage of Senior Secured First Lien Debt Investments $ 214,100,857 88.00 % $ 196,370,955 89.21 % Equity, Warrants and Other Investments 29,197,959 12.00 23,740,374 10.79 Total $ 243,298,816 100.00 % $ 220,111,329 100.00 % The Company uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings in its portfolio. The following table shows the portfolio composition by industry grouping at fair value at September 30, 2023: Industry Classification Investments at Percentage of Trading Companies & Distributors $ 38,219,681 17.11 % Professional Services 25,728,030 11.52 IT Services 16,830,075 7.53 Software 13,736,438 6.15 Containers & Packaging 13,558,591 6.07 Commercial Services & Supplies 13,493,554 6.04 Machinery 8,967,989 4.01 Internet & Direct Marketing Retail 8,907,439 3.99 Household Durables 7,766,091 3.48 Entertainment 7,600,000 3.40 Chemicals 7,527,189 3.37 Diversified Consumer Services 7,250,052 3.25 Hotels, Restaurants, and Leisure 7,171,656 3.21 Automobile Components 6,158,497 2.76 Consumer Staples Distribution & Retail 5,606,790 2.51 Specialty Retail 5,059,875 2.26 Consumer Services 4,915,732 2.20 Building Products 4,474,688 2.00 Automotive Retail 4,017,057 1.80 Food Products 4,005,000 1.79 Construction & Engineering 3,937,532 1.76 Paper Packaging 3,000,000 1.34 Electronic Equipment, Instruments & Components 2,852,627 1.28 Energy Equipment & Services 2,619,700 1.17 Total $ 223,404,283 100.00 % The following table shows the portfolio composition by industry grouping at fair value at June 30, 2023: Industry Classification Investments at Percentage of Trading Companies & Distributors $ 35,176,879 15.98 % Professional Services 28,238,167 12.83 IT Services 23,576,450 10.71 Commercial Services & Supplies 14,329,460 6.51 Software 13,772,487 6.26 Containers & Packaging 12,958,772 5.89 Machinery 9,602,806 4.36 Internet & Direct Marketing Retail 8,969,729 4.08 Entertainment 7,640,000 3.47 Household Durables 7,610,242 3.46 Chemicals 7,568,617 3.44 Diversified Consumer Services 7,268,500 3.30 Automobile Components 7,261,275 3.30 Hotels, Restaurants, and Leisure 6,283,541 2.85 Consumer Staples Distribution & Retail 6,061,396 2.75 Specialty Retail 5,148,000 2.34 Building Products 4,511,719 2.05 Food Products 4,288,750 1.95 Automotive Retail 3,878,905 1.76 Electronic Equipment, Instruments & Components 3,265,598 1.48 Energy Equipment & Services 2,700,036 1.23 Total $ 220,111,329 100.00 % The following table shows the portfolio composition by geographic grouping at fair value at September 30, 2023: Geographic Region Investments at Percentage of U.S. Northeast $ 86,530,253 38.73 % U.S. West 48,391,784 21.66 U.S. Midwest 27,364,696 12.25 U.S. Mid-Atlantic 22,911,655 10.26 U.S. Southeast 20,636,714 9.24 U.S. Southwest 12,601,618 5.64 International 4,967,563 2.22 Total $ 223,404,283 100.00 % The following table shows the portfolio composition by geographic grouping at fair value at June 30, 2023: Geographic Region Investments at Percentage of U.S. Northeast $ 94,658,227 43.00 % U.S. West 44,911,266 20.40 U.S. Midwest 26,602,440 12.09 U.S. Southeast 20,803,349 9.45 U.S. Mid-Atlantic 17,721,607 8.05 U.S. Southwest 10,367,607 4.71 International 5,046,833 2.30 Total $ 220,111,329 100.00 % The Company’s primary investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing directly in debt and related equity of privately held middle-market companies to help these companies fund acquisitions, growth or refinancing. During the three months ended September 30, 2023, the Company made investments in new and existing portfolio companies of approximately $ 15.5 million , to which it was not previously contractually committed to provide financial support. During the three months ended September 30, 2023, the Company made investments of approximately $ 0.7 million in companies to which it was previously committed to provide financial support through the terms of the revolvers and delayed draw term loans. The details of the Company’s investments have been disclosed on the Unaudited Consolidated Schedule of Investments. c. Derivatives Derivative contracts include total return swaps and embedded derivatives in the Company’s borrowings. The Company may enter into derivative contracts as part of its investment strategies. On October 28, 2020, the SEC adopted a rule that modifies the conditions by which BDCs can enter into, or “cover” open positions pursuant to, certain derivatives contracts that involve potential future payment obligations (the “Derivatives Rule”). The Derivatives Rule requires a BDC entering into a derivatives contract to develop and implement a derivatives risk management program, to comply with an outer limit on asset coverage ratio based on the VaR (“value-at-risk”) test, and to report its derivative activity to its board of directors on a regular basis. The Derivatives Rule also contains exceptions to these conditions for any fund that limits its exposure to derivatives positions to 10 percent of its net assets. At September 30, 2023 and June 30, 2023 , the Company held no derivative contracts. d. Fair Value Measurements ASC 820 defines fair value as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a framework for measuring fair value and a valuation hierarchy that prioritizes the inputs used in the valuation of an asset or liability based upon their transparency. The valuation hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Classification within the hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company’s assets and liabilities measured at fair value have been classified in the following three categories: Level 1 – valuation is based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 – valuation is based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, such as (a) quoted prices for similar assets or liabilities in active markets; (b) quoted prices for identical or similar assets or liabilities in markets that are not active, that is, markets in which there are few transactions for the asset or liability, the prices are not current, or price quotations vary substantially either over time or among market makers, or in which little information is released publicly; (c) inputs other than quoted prices that are observable for the asset or liability; or (d) inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 – valuation is based on unobservable inputs for the asset or liability. Unobservable inputs are used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at the measurement date. However, the fair value measurement objective remains the same, that is, an exit price from the perspective of a market participant that holds the asset or owes the liability. Therefore, unobservable inputs reflect the Company’s own assumptions about the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Unobservable inputs are developed based on the best information available under the circumstances, which might include the Company’s own data. The Company’s own data used to develop unobservable inputs is adjusted if information is reasonably available without undue cost and effort that indicates that market participants would use different assumptions. The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of the market and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. Estimates of fair value for cash and restricted cash are measured using observable, quoted market prices, or Level 1 inputs. All other fair value significant estimates are measured using unobservable inputs, or Level 3 inputs. The following table summarizes the classifications within the fair value hierarchy of the Company’s assets measured at fair value as of September 30, 2023: Level 1 Level 2 Level 3 Total Assets Investments Senior Secured First Lien Debt Investments $ — $ — $ 200,319,576 $ 200,319,576 Equity, Warrants and Other Investments — — 23,084,707 23,084,707 Total Investments $ — $ — $ 223,404,283 $ 223,404,283 The following table summarizes the classifications within the fair value hierarchy of the Company’s assets measured at fair value as of June 30, 2023: Level 1 Level 2 Level 3 Total Assets Investments Senior Secured First Lien Debt Investments $ — $ — $ 196,370,955 $ 196,370,955 Equity, Warrants and Other Investments — — 23,740,374 23,740,374 Total Investments $ — $ — $ 220,111,329 $ 220,111,329 The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the three months ended September 30, 2023: Senior Secured Senior Secured Unsecured Equity, Warrants Total Fair value at September 30, 2022 $ 196,370,955 $ — $ — $ 23,740,374 $ 220,111,329 Purchases (including PIK interest) 16,347,037 — — 188,252 16,535,289 Sales and repayments ( 10,317,357 ) — — — ( 10,317,357 ) Amortization 387,051 — — — 387,051 Net realized gains (losses) — — — — — Transfers in — — — — — Transfers out — — — — — Net change in unrealized appreciation (depreciation) ( 2,468,110 ) — — ( 843,919 ) ( 3,312,029 ) Fair value at September 30, 2023 $ 200,319,576 $ — $ — $ 23,084,707 $ 223,404,283 Change in unrealized appreciation (depreciation) relating to assets still held as of September 30, 2023 $ ( 2,468,109 ) $ — $ — $ ( 843,919 ) $ ( 3,312,028 ) The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the three months ended September 30, 2022: Senior Secured Senior Secured Unsecured Equity, Warrants Total Fair value at June 30, 2022 $ 214,858,036 $ — $ — $ 18,825,950 $ 233,683,986 Purchases (including PIK interest) 21,781,406 — — 366,449 22,147,855 Sales and repayments ( 16,476,699 ) — — — ( 16,476,699 ) Amortization 501,016 — — — 501,016 Net realized gains (losses) — — — — — Transfers in — — — — — Transfers out — — — — — Net change in unrealized (depreciation) appreciation ( 1,130,564 ) — — 451,967 ( 678,597 ) Fair value at September 30, 2022 $ 219,533,195 $ — $ — $ 19,644,366 $ 239,177,561 Change in unrealized appreciation (depreciation) relating to assets still held as of September 30, 2022 $ ( 1,022,903 ) $ — $ — $ 451,968 $ ( 570,935 ) Transfers into Level 3 during or at the end of the reporting period are reported under Level 1 or Level 2 as of the beginning of the period. Transfers out of Level 3 during or at the end of the reporting period are reported under Level 3 as of the beginning of the period. Changes in unrealized gains (losses) relating to Level 3 instruments are included in net change in unrealized (depreciation) appreciation on investments and derivatives on the Unaudited Consolidated Statements of Operations. During the three months ended September 30, 2023 and three months ended September 30, 2022 , the Company did no t transfer any investments among Levels 1, 2 and 3. The following tables provide quantitative information regarding the Company’s Level 3 fair value measurements as of September 30, 2023 and June 30, 2023 . This information presents the significant unobservable inputs that were used in the valuation of each type of investment. These inputs are not representative of the inputs that could have been used in the valuation of any one investment. For example, the highest market yield presented in the table for senior secured notes is appropriate for valuing a specific investment but may not be appropriate for valuing any other investment. Accordingly, the ranges of inputs presented below do not represent uncertainty in, or possible ranges of, fair value measurements of the Company’s Level 3 investments. In addition to the techniques and inputs noted in the tables below, according to our valuation policy we may also use other valuation techniques and methodologies when determining our fair value measurements. The below tables are not intended to be all-inclusive, but rather provide information on the significant unobservable inputs as they relate to the Company’s determination of fair values. Fair Value Valuation Unobservable Weighted Range Senior Secured First Lien Debt Investments $ 167,661,231 Income Approach Market Yields 13.4 % 9.9 %- 18.1 % Senior Secured First Lien Debt Investments 6,294,430 Market Comparable Approach EBITDA Multiple 5.3 x 5.2 x- 5.8 x Senior Secured First Lien Debt Investments 2,418,108 Market Comparable Approach Revenue Multiple 0.27 x 0.27 x Senior Secured First Lien Debt Investments 14,853,263 Recent Transaction Recent Transaction N/A N/A Senior Secured First Lien Debt Investments 9,092,544 Recovery Analysis Recovery Amount N/A N/A Equity, Warrants, and Other Investments 5,593,082 Income Approach Market Yields 17.1 % 17.1 % Equity, Warrants, and Other Investments 17,491,625 Market Comparable Approach EBITDA multiple 8.9 x 4.7 x- 21.9 x Fair Value as of Valuation Unobservable Weighted Range Senior Secured First Lien Debt Investments $ 161,776,983 Income Approach Market Yields 13.3 % 10.1 % - 18.0 % Senior Secured First Lien Debt Investments 13,895,260 Market Comparable Approach EBITDA Multiple 17.3 x 5.7 x – 21.2 x Senior Secured First Lien Debt Investments 5,272,355 Market Comparable Approach Revenue Multiple 0.3 x 0.30 x – 0.38 x Senior Secured First Lien Debt Investments 15,209,280 Recent Transaction Recent Transaction N/A N/A Senior Secured First Lien Debt Investments 217,077 Recovery Analysis Recovery Amount N/A N/A Equity, Warrants and Other Investments 4,824,752 Income Approach Market Yields 18.0 % 18.0 % Equity, Warrants and Other Investments 18,915,622 Market Comparable Approach EBITDA multiple 8.7 x 5.7 x – 24.2 x Equity, Warrants and Other Investments — Market Comparable Approach Revenue Multiple 0.3 x 0.3 x Fair value measurements categorized within Level 3 are sensitive to changes in the assumptions or methodology used to determine fair value and such changes could result in a significant increase or decrease in the fair value. Significant increases in illiquidity discounts, PIK discounts and market yields would result in significantly lower fair value measurements.

Borrowings

Borrowings	3 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Borrowings	Note 5. Borrowings On August 23, 2021, the Company, through SPV LLC entered into a five-year, $ 115 million senior secured revolving credit facility (the “Capital One Revolving Financing”) with Capital One, N.A. (“Capital One”), which is secured by collateral consisting primarily of loans in the Company’s investment portfolio. On June 14, 2023, we amended the Capital One Revolving Financing to decrease the facility size from $ 115 million to $ 100 million. The Capital One Revolving Financing, which will expire on August 22, 2026 (the “Maturity Date”), features a three-year reinvestment period and a two-year amortization period. Effective November 18, 2022, borrowings under the Capital One Revolving Financing generally bear interest at a rate per annum equal to the Secured Overnight Financing Rate (”SOFR”) plus 2.50 %. The default interest rate will be equal to the interest rate then in effect plus 2.00 %. The Capital One Revolving Financing required the payment of an upfront fee of 1.125% ($1.3 million) of the available borrowings under the Capital One Revolving Financing at the closing, and requires the payment of an unused fee of (i) 0.75% annually for any undrawn amounts below 50% of the Capital One Revolving Financing, (ii) 0.50% annually for any undrawn amounts between 50% and 75% of the Capital One Revolving Financing, and (iii) 0.25% annually for any undrawn amounts above 75% of the Capital One Revolving Financing. Borrowings under the Capital One Revolving Financing are based on a borrowing base. The Capital One Revolving Financing generally requires payment of interest and fees on a quarterly basis. All outstanding principal is due on the Maturity Date. The Capital One Revolving Financing also requires mandatory prepayment of interest and principal upon certain events. As of September 30, 2023 and June 30, 2023, there were $ 69.0 million and $ 71.9 million in borrowings outstanding under the Capital One Revolving Financing, respectively. Restricted cash (as shown on the Unaudited Consolidated Statements of Assets and Liabilities) is held by the trustee of the Capital One Revolving Financing and is restricted to purchases of investments by SPV LLC that must meet certain eligibility criteria identified by the loan, security and investment management agreement governing the Capital One Revolving Financing. As of September 30, 2023, SPV LLC had a notional amount of $ 200.0 million , which included $ 185.5 million of the Company’s portfolio investments at fair value, no accrued interest receivable and $ 14.2 million in cash held by the trustees of the Capital One Revolving Financing. As of June 30, 2023 , SPV and LLC had a notional amount of $ 194.0 million in assets with a fair value of $ 181.5 million, no accrued interest receivable and $ 8.1 million in cash held by the trustee of the Capital One Revolving Financing. For the three months ended September 30, 2023, the weighted average outstanding debt balance and the weighted average stated interest rate under the Capital One Revolving Financing was $ 70.0 million and 7.75 % , respectively. For the three months ended September 30, 2022 , the weighted average outstanding debt balance and the weighted average stated interest rate under the Capital One Revolving Financing was $ 81.9 million and 4.56 %, respectively. The fair value of the Company’s borrowings is estimated based on the rate at which similar credit facilities or debentures would be priced. At September 30, 2023 and June 30, 2023, the fair value of the Company’s total borrowings under the Capital One Revolving Financing, was estimated at $ 69.0 million and $ 71.9 million respectively, which the Company concluded was a Level 3 fair value. On March 31, 2021, the Company closed the public offering of $ 65 million in aggregate principal amount of 4.875 % notes due 2026 (the “2026 Notes”). The total net proceeds to the Company from the sale of the 2026 Notes, after deducting the underwriting discounts and commissions of approximately $ 1.3 million and estimated offering expenses of approximately $ 215,000 , were approximately $ 63.1 million. The 2026 Notes will mature on April 1, 2026 , unless previously redeemed or repurchased in accordance with their terms, and bear interest at a rate of 4.875 %. The 2026 Notes are direct unsecured obligations and rank pari passu , which means equal in right of payment, with all outstanding and future unsecured, unsubordinated indebtedness issued by the Company. Because the 2026 Notes are not secured by any of the Company’s assets, they are effectively subordinated to all of the Company’s existing and future secured unsubordinated indebtedness (or any indebtedness that is initially unsecured as to which the Company subsequently grants a security interest), to the extent of the value of the assets securing such indebtedness. The 2026 Notes are structurally subordinated to all existing and future indebtedness and other obligations of any of the Company’s subsidiaries and financing vehicles, including, without limitation, borrowings under the Capital One Revolving Financing. The 2026 Notes are obligations exclusively of the Company and not of any of the Company’s subsidiaries. None of the Company’s subsidiaries is a guarantor of the 2026 Notes and the 2026 Notes will not be required to be guaranteed by any subsidiary the Company may acquire or create in the future. The 2026 Notes may be redeemed in whole or in part at any time or from time to time at the Company’s option, upon not less than 30 days nor more than 60 days written notice by mail prior to the date fixed for redemption thereof, at a redemption price (as determined by the Company) equal to the greater of the following amounts, plus, in each case, accrued and unpaid interest to, but excluding, the redemption date: (1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points; provided , however, that if the Company redeems any 2026 Notes on or after January 1, 2026 (the date falling three months prior to the maturity date of the 2026 Notes), the redemption price for the 2026 Notes will be equal to 100 % of the principal amount of the 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption; provided, further, that no such partial redemption shall reduce the portion of the principal amount of a 2026 Note not redeemed to less than $ 2,000 . Interest on the 2026 Notes is payable semi-annually on April 1 and October 1 of each year, commencing October 1, 2021. The Company may from time to time repurchase 2026 Notes in accordance with the 1940 Act and the rules promulgated thereunder. As of September 30, 2023, the carrying amount of the 2026 Notes was $ 64.8 million on an aggregate principal balance of $ 65.0 million at an effective yield of 5.33 % . As of September 30, 2023, the fair value of the 2026 Notes was $ 58.2 million . The Company concluded that this was Level 3 fair value under ASC 820. Long-Term Debt Maturities Set forth below is the aggregate principal amount of our long-term debt as of September 30, 2023 (excluding unamortized premiums, net, unamortized debt issuance costs and note payable) maturing during the following years: 2024 $ — 2025 — 2026 134,000,000 Total long-term debt $ 134,000,000

Indemnification, Guarantees, Co

Indemnification, Guarantees, Commitments and Contingencies	3 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Indemnification, Guarantees, Commitments and Contingencies	Note 6. Indemnification, Guarantees, Commitments and Contingencies In the normal course of business, the Company enters into contracts that provide a variety of representations and warranties and general indemnifications. Such contracts include those with certain service providers, brokers and trading counterparties. Any exposure to the Company under these arrangements is unknown as it would involve future claims that may be made against the Company; however, based on the Company’s experience, the risk of loss is remote and no such claims are expected to occur. As such, the Company has not accrued any liability in connection with such indemnifications. The Company’s board of directors declared the following quarterly distributions during the three months ended September 30, 2023: Declared Ex-Date Record Date Pay Date Amount Fiscal Quarter September 14, 2023 October 11, 2023 October 12, 2023 November 2, 2023 $ 0.1500 1st 2024 Loans purchased by the Company may include revolving credit agreements or other financing commitments obligating the Company to advance additional amounts on demand. The Company generally sets aside sufficient liquid assets to cover its unfunded commitments, if any. The following table details the Company’s unfunded commitments to portfolio companies as of September 30, 2023: Investments Unfunded Fair Annual Expiration 1888 Industrial Services, LLC – Revolver $ 210,033 $ — 0.50 % 8/31/24 Amerequip, LLC – Revolver 967,742 — 0.50 % 8/31/27 Arborworks Acquisition LLC – Revolver 8,363 — 0.50 % 11/9/26 Archer Systems, LLC – Revolver 603,175 — 0.50 % 8/11/27 Evergreen North America Acquisitions, LLC – Revolver 276,064 — 0.50 % 8/13/26 Flatworld Intermediate Corporation – Revolver 567,568 — 0.50 % 10/1/27 NWN Parent Holdings LLC – Revolver 1,200,000 — 0.50 % 5/7/26 South Coast Terminals LLC – Revolver 967,742 — 0.50 % 12/10/26 Xenon Arc, Inc. – Revolver 680,000 — 0.50 % 12/17/26 Total Unfunded Commitments $ 5,480,687 $ — The following table details the Company’s unfunded commitments to portfolio companies as of June 30, 2023: Investments Unfunded Fair Annual Expiration 1888 Industrial Services, LLC – Revolver $ 186,990 $ — 0.50 % 8/31/24 Amerequip, LLC – Revolver 967,742 — 0.50 % 8/31/27 Arborworks Acquisition LLC – Revolver 554,947 — 0.50 % 11/9/26 Archer Systems, LLC – Revolver 603,175 — 0.50 % 8/11/27 Evergreen North America Acquisitions, LLC – Revolver 276,064 — 0.50 % 8/13/26 Flatworld Intermediate Corporation – Revolver 567,567 — 0.50 % 10/1/27 NWN Parent Holdings LLC – Revolver 800,000 — 0.50 % 5/7/26 South Coast Terminals LLC – Revolver 967,742 — 0.50 % 12/10/26 Xenon Arc, Inc. – Revolver 746,667 — 0.50 % 12/17/26 Total Unfunded Commitments $ 5,670,894 $ —

Agreements and Related Party Tr

Agreements and Related Party Transactions	3 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Agreements and Related Party Transactions	Note 7. Agreements and Related Party Transactions Advisory Agreement The Company is party to the Advisory Agreement with the Adviser. Under the Advisory Agreement, the Base Management Fee is calculated at an annual rate of 1.75 % of the Company’s gross assets, including assets purchased with borrowed funds or other forms of leverage and excluding cash and cash equivalents (such amount, “Gross Assets”). For the three months ended September 30, 2023, $ 978,919 in Base Management Fees were earned by the Adviser, of which $ 86,630 was voluntarily waived. As of September 30, 2023, $ 1,798,508 of such fees were payable. For the three months ended September 30, 2022, $ 1,103,981 in Base Management Fees were earned by the Adviser, of which $ 94,146 was voluntarily waived. As of June 30, 2023, $ 906,218 of such fees were payable. There is no guarantee that the Adviser will waive Base Management Fees in the future. Any portion of the Base Management Fee waived is not subject to recapture. The Base Management Fee is calculated based on the average value of the Company’s Gross Assets at the end of the two most recently completed fiscal quarters prior to the quarter for which such fees are being calculated. The Base Management Fee is payable quarterly in arrears and the Base Management Fees for any partial month or quarter will be appropriately pro-rated. Under the Advisory Agreement, the Income-Based Fee is calculated and payable quarterly in arrears based on the Company’s Pre-Incentive Fee Net Investment Income (as defined below) for the immediately preceding fiscal quarter, subject to a total return requirement (the “Total Return Requirement”) and deferral of non-cash amounts, and is 20.0 % of the amount, if any, by which the Company’s Pre-Incentive Fee Net Investment Income, expressed as a rate of return on the value of our net assets attributable to its common stock, for the immediately preceding fiscal quarter, exceeds a 2.0 % (which is 8.0 % annualized) hurdle rate and a “catch-up” provision measured as of the end of each fiscal quarter. Under this provision, in any fiscal quarter, the Adviser receives no Income-Based Fee until the Company’s Pre-Incentive Fee Net Investment Income exceeds the hurdle rate of 2.0 %, but then receives, as a “catch-up,” 100 % of the Company’s Pre-Incentive Fee Net Investment Income with respect to that portion of such Pre-Incentive Fee Net Investment Income, if any, that exceeds the hurdle rate but is less than 2.5 % (which is 10.0 % annualized). The effect of the “catch-up” provision is that, subject to the Total Return Requirement and deferral provisions discussed below, if Pre-Incentive Fee Net Investment Income exceeds 2.5 % in any fiscal quarter, the Adviser receives 20.0 % of our Pre-Incentive Fee Net Investment Income as if a hurdle rate did not apply. “Pre-Incentive Fee Net Investment Income” means interest income, dividend income and any other income (including any other fees, such as commitment, origination, structuring, diligence, managerial assistance and consulting fees or other fees that we receive from portfolio companies) accrued during the fiscal quarter, minus the Company’s operating expenses for the quarter (including the Base Management Fee, expenses payable under the Administration Agreement and any interest expense and any distributions paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-incentive fee net investment income includes, in the case of investments with a deferred interest feature (such as OID, debt instruments with PIK interest and zero coupon securities), accrued income that we have not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation. No Income-Based Fee is payable under the Advisory Agreement except to the extent 20.0 % of the cumulative net increase in net assets resulting from operations over the fiscal quarter for which fees are being calculated and the Lookback Period (as defined below) exceeds the cumulative Incentive Fees accrued and/or paid for the Lookback Period. The “cumulative net increase in net assets resulting from operations” is the amount, if positive, of the sum of Pre-Incentive Fee Net Investment Income, realized gains and losses and unrealized appreciation and depreciation of the Company for the then current fiscal quarter and the Lookback Period. The “Lookback Period” means (1) through June 30, 2022, the period that commences on the last day of the fiscal quarter in which the Advisory Agreement became effective and ends on the last day of the fiscal quarter immediately preceding the fiscal quarter for which the Income-Based Fee is being calculated, and (2) after June 30, 2022, the eleven fiscal quarters immediately preceding the fiscal quarter for which the Income-Based Fee is being calculated. For the three months ended September 30, 2023, the Company incurred no Income-Based Fees. As of September 30, 2023, $ 576,023 in incentive fees related to Income-Based Fees incurred by the Company are currently payable to the Adviser and $ 201,817 in incentive fees related to Income-Based Fees incurred by the Company were generated from deferred interest (i.e., PIK and certain discount accretion) and are not payable until such amounts are received in cash. For the three months ended September 30, 2022, the Company wrote off $ 147,145 in previously deferred Income-Based Fees and incurred no additional Income-Based Fees. As of June 30, 2023, $ 201,817 of Income-Based Fees incurred by the Company were generated from deferred interest (i.e., PIK and certain discount accretion) and are not payable until such amounts are received in cash. Any voluntary waivers of the incentive fee in no way implies that the Adviser will agree to waive any incentive fee in any future period. Any portion of the incentive fees waived are not subject to recapture. Under the Advisory Agreement, the Capital Gains Fee is determined and payable in arrears as of the end of each fiscal year (or upon termination of the Advisory Agreement, as of the termination date), commencing with the fiscal year ended June 30, 2021, and is equal to 20.0 % of our cumulative aggregate realized capital gains from the Commencement Date through the end of that fiscal year, computed net of the Company’s aggregate cumulative realized capital losses and our aggregate cumulative unrealized capital depreciation through the end of such year, less the aggregate amount of any previously paid Capital Gains Fees. If such amount is negative, then no Capital Gains Fee will be payable for such year. Additionally, if the Advisory Agreement is terminated as of a date that is not a fiscal year end, the termination date will be treated as though it were a fiscal year end for purposes of calculating and paying the Capital Gains Fee. Under the Advisory Agreement, the Capital Gains Fee was not charged until the fiscal year ending June 30, 2023. Under U.S. GAAP, the Company calculates the Capital Gains Fee as if it had realized all assets at their fair values as of the reporting date. Accordingly, the Company accrues a provisional Capital Gains Fee taking into account any unrealized gains or losses. As the provisional Capital Gains Fee is subject to the performance of investments until there is a realization event, the amount of the provisional Capital Gains Fee accrued at a reporting date may vary from the Capital Gains Fee that is ultimately realized and the differences could be material. As of September 30, 2023 , there was no Capital Gains Fee accrued, earned or payable to the Adviser under the Advisory Agreement. As of June 30, 2023 , there was no Capital Gains Fee accrued, earned or payable to the Adviser under the Advisory Agreement. The Advisory Agreement provides that, absent willful misfeasance, bad faith or gross negligence in the performance of the Adviser’s duties or by reason of the reckless disregard of its duties and obligations under the Advisory Agreement, the Adviser and its officers, managers, partners, agents, employees, controlling persons and members, and any other person or entity affiliated with it, are entitled to indemnification from the Company for any damages, liabilities, costs and expenses (including reasonable attorneys’ fees and amounts reasonably paid in settlement) arising from the rendering of the Adviser’s services under the Advisory Agreement or otherwise as the Adviser. Mr. Mauer holds an approximate 17 % interest in the Adviser. Investcorp holds an approximate 83 % ownership interest in the Adviser. Pursuant to the Advisory Agreement, the Company has agreed to pay to the Adviser a Base Management Fee and an Incentive Fee. Mr. Mauer, an interested member of the Board, has a direct or indirect pecuniary interest in the Adviser. The Incentive Fee will be computed and paid on income that we may not have yet received in cash at the time of payment. This fee structure may create an incentive for the Adviser to invest in certain types of speculative securities. Additionally, the Company will rely on investment professionals from the Adviser to assist the Board with the valuation of the Company’s portfolio investments. The Adviser’s Base Management Fee and Incentive Fee is based on the value of our investments and, therefore, there may be a conflict of interest when personnel of the Adviser are involved in the valuation process for the Company’s portfolio investments. Administration Agreement Pursuant to the Administration Agreement, the Adviser furnishes the Company with office facilities and equipment and provides it with the clerical, bookkeeping, recordkeeping and other administrative services necessary to conduct day-to-day operations. Under the Administration Agreement, the Adviser performs, or oversees the performance of the Company’s required administrative services, which includes, among other things, being responsible for the financial records which it is required to maintain and preparing reports to its stockholders and reports filed with the SEC. In addition, the Adviser assists the Company in determining and publishing its net asset value, oversees the preparation and filing of its tax returns and the printing and dissemination of reports and other materials to its stockholders, and generally oversees the payment of its expenses and the performance of administrative and professional services rendered to it by others. Under the Administration Agreement, the Adviser also provides managerial assistance on the Company’s behalf to those portfolio companies that have accepted its offer to provide such assistance. In addition, the Adviser may satisfy certain of its obligations to the Company under the Administration Agreement through the services agreement with Investcorp International Inc., an affiliate of Investcorp, including supplying the Company with accounting and back-office professionals upon the request of the Adviser. The Company incurred costs of $ 263,375 under the Administration Agreement for the three months ended September 30, 2023. The Company incurred costs of $ 375,900 under the Administration Agreement for the three months ended September 30, 2022. As of September 30, 2023 and June 30, 2023 , the Company recorded no accrued expenses or other liabilities for reimbursement of expenses owed to the Adviser under the Administration Agreement. Stock Purchase Agreement In connection with the Investcorp Transaction, on June 26, 2019, the Company entered into a definitive stock purchase and transaction agreement with Investcorp BDC Holdings Limited (“Investcorp BDC”), an affiliate of Investcorp (the “Stock Purchase Agreement”), pursuant to which Investcorp BDC was required by August 30, 2021, to purchase (i) 680,985 newly issued shares of the Company’s common stock, at the most recently determined net asset value per share of the Company’s common stock at the time of such purchase, as adjusted as necessary to comply with Section 23 of the 1940 Act, and (ii) 680,985 shares of the Company’s common stock in open-market or secondary transactions. Investcorp BDC completed all remaining required purchases under the Stock Purchase Agreement during the quarter ended September 30, 2021. Co-investment Exemptive Relief On July 20, 2021, the SEC issued an order, which superseded a prior order issued on March 19, 2019, granting the Company’s application for exemptive relief to co-invest, subject to the satisfaction of certain conditions, in certain private placement transactions with other funds managed by the Adviser or its affiliates and any future funds that are advised by the Adviser or its affiliated investment advisers (the “Exemptive Relief”). Under the terms of the Exemptive Relief, in order for the Company to participate in a co-investment transaction a “required majority” (as defined in Section 57(o) of the 1940 Act) of the directors who are not “interested persons” of the Company, as defined in Section 2(a)(19) of the 1940 Act (each, an “Independent Director”) must conclude that (i) the terms of the proposed transaction, including the consideration to be paid, are reasonable and fair to the Company and its stockholders and do not involve overreaching in respect of the Company or its stockholders on the part of any person concerned, and (ii) the proposed transaction is consistent with the interests of the Company’s stockholders and is consistent with the Company’s investment objectives and strategies. License Agreement The Company has entered into a license agreement with the Adviser under which the Adviser has agreed to grant the Company a non-exclusive, royalty-free license to use the name “Investcorp.” Under this agreement, the Company has a right to use the “Investcorp” name for so long as the Adviser or one of its affiliates remains the Company’s investment adviser. Other than with respect to this limited license, the Company has no legal right to the “Investcorp” name. This license agreement will remain in effect for so long as the Advisory Agreement with the Adviser is in effect and Investcorp is the majority owner of the Adviser.

Directors_ Fees

Directors’ Fees	3 Months Ended
	Sep. 30, 2023
Compensation Related Costs [Abstract]
Directors’ Fees	Note 8. Directors’ Fees Each Independent Director receives (i) an annual fee of $ 75,000 , and (ii) $ 2,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with attending in person or telephonically each regular board of directors meeting and each special telephonic meeting. Each Independent Director also receives $ 1,000 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with each committee meeting attended in person and each telephonic committee meeting. The chairperson of the audit committee receives an additional annual fee of $ 7,500 . The chairperson(s) of the valuation committee, the nominating and corporate governance committee and the compensation committee receives an additional annual fee of $ 2,500 , $ 2,500 and $ 2,500 , respectively. The Company has obtained directors’ and officers’ liability insurance on behalf of the Company’s directors and officers. For the three months ended September 30, 2023, the Company recorded directors’ fees of $ 73,375 , of which $ 5,130 were payable at September 30, 2023. For the three months ended September 30, 2022, the Company recorded directors’ fees of $ 75,625 , of which $ 15,755 were payable at June 30, 2023 .

Net Change in Net Assets Result

Net Change in Net Assets Resulting from Operations Per Share	3 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Net Change in Net Assets Resulting from Operations Per Share	Note 9. Net Change in Net Assets Resulting from Operations Per Share Basic earnings per share is computed by dividing earnings available to common stockholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. The following table sets forth the computation of the weighted average basic and diluted net increase in net assets per share from operations: Basic and Diluted Net Increase (Decrease) in Net Assets Per Share Three months ended September 30, 2023 2022 Net increase (decrease) in net assets resulting from operations $ ( 1,684,362 ) $ 1,657,507 Weighted average shares of common stock outstanding 14,392,714 14,386,809 Basic/diluted net increase (decrease) in net assets from operations per share $ ( 0.12 ) $ 0.12 On September 3, 2021, the Company issued 453,985 shares of common stock, par value $ 0.001 per share to Investcorp BDC at a price of $ 6.92 per share for an aggregate offering price of $ 3,141,576 . The sale of the Company’s common stock to Investcorp BDC was made pursuant to the Stock Purchase Agreement and the issuance of the Company’s common stock was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and Regulation D thereunder. Investcorp BDC is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D under the Securities Act.

Distributions

Distributions	3 Months Ended
	Sep. 30, 2023
Distributions [Abstract]
Distributions	Note 10. Distributions The following table reflects the distributions declared on shares of the Company’s common stock since the Offering in February 2014. Stockholders of record as of each respective record date were entitled to receive the distribution: Declaration Date Record Date Payment Date Amount Per Share March 14, 2014 March 24, 2014 March 31, 2014 $ 0.1812 May 14, 2014 June 16, 2014 July 1, 2014 $ 0.3375 September 4, 2014 September 18, 2014 October 1, 2014 $ 0.3375 November 6, 2014 December 18, 2014 January 5, 2015 $ 0.3375 January 28, 2015 March 18, 2015 April 2, 2015 $ 0.3469 May 6, 2015 June 8, 2015 July 5, 2015 $ 0.3469 June 10, 2015 # September 1, 2015 September 15, 2015 $ 0.4300 June 10, 2015 September 18, 2015 October 2, 2015 $ 0.3469 November 3, 2015 December 18, 2015 January 5, 2016 $ 0.3469 February 2, 2016 March 18, 2016 April 7, 2016 $ 0.3516 April 28, 2016 June 17, 2016 July 7, 2016 $ 0.3516 August 25, 2016 September 16, 2016 October 6, 2016 $ 0.3516 November 3, 2016 December 16, 2016 January 5, 2017 $ 0.3516 November 3, 2016 March 17, 2017 April 6, 2017 $ 0.2500 May 2, 2017 June 16, 2017 July 6, 2017 $ 0.2500 August 24, 2017 September 8, 2017 October 5, 2017 $ 0.2500 November 7, 2017 March 16, 2018 April 5, 2018 $ 0.2500 May 2, 2018 June 15, 2018 July 5, 2018 $ 0.2500 August 23, 2018 September 18, 2018 October 5, 2018 $ 0.2500 November 6, 2018 December 14, 2018 January 3, 2019 $ 0.2500 February 5, 2019 March 15, 2019 April 4, 2019 $ 0.2500 May 1, 2019 June 14, 2019 July 5, 2019 $ 0.2500 August 28, 2019 September 26, 2019 October 16, 2019 $ 0.2500 November 6, 2019 December 13, 2019 January 2, 2020 $ 0.2500 February 4, 2020 March 13, 2020 April 2, 2020 $ 0.2500 May 7, 2020 June 19, 2020 July 10, 2020 $ 0.1500 May 7, 2020 * June 19, 2020 July 10, 2020 $ 0.0300 August 26, 2020 September 25, 2020 October 15, 2020 $ 0.1500 August 26, 2020 * September 25, 2020 October 15, 2020 $ 0.0300 November 3, 2020 December 10, 2020 January 4, 2021 $ 0.1500 November 3, 2020 * December 10, 2020 January 4, 2021 $ 0.0300 February 3, 2021 March 12, 2021 April 1, 2021 $ 0.1500 February 3, 2021 * March 12, 2021 April 1, 2021 $ 0.0300 May 6, 2021 June 18, 2021 July 9, 2021 $ 0.1500 August 25, 2021 September 24, 2021 October 14, 2021 $ 0.1500 November 3, 2021 December 10, 2021 January 4, 2022 $ 0.1500 February 3, 2022 March 11, 2022 March 31, 2022 $ 0.1500 May 5, 2022 June 17, 2022 July 8, 2022 $ 0.1500 August 25, 2022 September 23, 2022 October 14, 2022 $ 0.1500 November 11, 2022 December 16, 2022 January 10, 2023 $ 0.1300 November 11, 2022 * December 16, 2022 January 10, 2023 $ 0.0200 February 2, 2023 March 10, 2023 March 30, 2023 $ 0.1300 February 2, 2023 * March 10, 2023 March 30, 2023 $ 0.0200 May 4, 2023 June 16, 2023 July 7, 2023 $ 0.1300 May 4, 2023 * June 16, 2023 July 7, 2023 $ 0.0500 September 14, 2023 October 12, 2023 November 2, 2023 $ 0.1300 September 14, 2023 * October 12, 2023 November 2, 2023 $ 0.0200 # Special distribution * Supplemental distribution The following table reflects, for U.S. federal income tax purposes, the sources of the cash dividend distributions that the Company has paid on its common stock during the three months ended September 30, 2023 and September 30, 2022: Three months ended September 30, 2023 2022 Distribution Amount Percentage Distribution Amount Percentage Ordinary income and short-term capital gains $ 2,158,926 100 % $ 2,158,042 100 % Long-term capital gains — — — — Total $ 2,158,926 100 % $ 2,158,042 100 % The 2023-2024 figures in the above table are estimates based on the Company’s year-to-date activity. The tax status of distributions for a tax year depends on the Company’s total amount of taxable income for the entire year, therefore, the tax status cannot be confirmed until after the end of the tax year. Accordingly, the Company’s distributions for the tax year may be re-characterized later based upon subsequent events. As applicable, the Company reports the actual tax character of its distributions for U.S. federal income tax purposes annually to stockholders on Internal Revenue Service Form 1099-DIV issued after the end of the year. The Company’s Form 10-K for the year ending June 30, 2024 will also include information regarding the actual components and tax treatment of all the Company’s distributions for the fiscal year 2023-2024. Because each stockholder’s tax status is unique, stockholders should consult their tax advisor regarding this distribution notice.

Share Transactions

Share Transactions	3 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Share Transactions	Note 11. Share Transactions The following table summarizes the total shares issued for the three months ended September 30, 2023 and September 30, 2022. Three months ended September 30, 2023 2022 Shares Amount Shares Amount Balance at beginning of period 14,391,775 $ 205,812,251 14,385,810 $ 205,790,502 Issuance of common shares — — — — Reinvestments of stockholder distributions 1,066 3,797 1,135 4,763 Balance at end of period 14,392,841 $ 205,816,048 14,386,945 $ 205,795,265

Financial Highlights

Financial Highlights	3 Months Ended
	Sep. 30, 2023
Investment Company, Financial Highlights [Abstract]
Financial Highlights	Note 12. Financial Highlights The following represents the per share data and the ratios to average net assets for the Company: For the three months ended September 30, 2023 2022 Per Share Data: (1) Net asset value, beginning of period $ 6.09 $ 6.50 Net investment income 0.11 0.16 Net realized and unrealized gains (losses) ( 0.22 ) ( 0.04 ) Net increase (decrease) in net assets resulting from operations ( 0.11 ) 0.12 Capital transactions (2) Dividends from net investment income ( 0.15 ) ( 0.15 ) Distributions from net realized gains — — Net decrease in net assets resulting from capital transactions ( 0.15 ) ( 0.15 ) Offering costs — — Net asset value, end of period $ 5.83 $ 6.47 Market value per share, end of period $ 3.99 $ 3.58 Total return based on market value (3)(4) 15.05 % ( 11.94 ) % Shares outstanding at end of period 14,392,841 14,386,945 Ratio/Supplemental Data: Net assets, at end of period $ 83,860,817 $ 93,013,620 Ratio of total expenses to average net assets (5) 20.67 % 17.30 % Ratio of net expenses to average net assets (5) 20.26 % 16.90 % Ratio of interest expense and fees and amortization of deferred debt issuance costs to average net assets (5) 11.33 % 8.38 % Ratio of net investment income before fee waiver to average net assets (5) 8.13 % 10.37 % Ratio of net investment income after fee waiver to average net assets (5) 7.72 % 9.96 % Total Borrowings $ 134,000,000 $ 154,500,000 Asset Coverage Ratio (6) 1.63 1.60 Portfolio Turnover Rate (4) 5 % 7 % (1) All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. (2) The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period. (3) Total returns are historical and are calculated by determining the percentage change in the market value with all dividends distributions, if any, reinvested. Dividends and distributions are assumed to be reinvested at prices obtained under the company’s dividend reinvestment plan. Total investment return does not reflect sales load. (4) Not annualized. (5) Annualized. (6) Asset coverage ratio is equal to (i) the sum of (A) net assets at the end of the period and (B) debt outstanding at the end of the period, divided by (ii) total debt outstanding at the end of the period. Total return is calculated based on a time-weighted rate of return methodology for the stockholders and is not annualized. Total return is reflected after all investment-related and operating expenses. An individual stockholder’s return may vary from these returns based on the timing of capital transactions. The ratios to average stockholders’ capital are calculated based on the monthly average stockholders’ capital during the period. Credit facility related expenses include interest expense and amortization of deferred debt issuance costs.

Other Fee Income

Other Fee Income	3 Months Ended
	Sep. 30, 2023
Other Income and Expenses [Abstract]
Other Fee Income	Note 13. Other Fee Income The other fee income consists of structuring fee income, amendment fee income and royalty income. The following tables summarize the Company’s other fee income for the three months ended September 30, 2023 and September 30, 2022: For the three months ended 2023 2022 Amendment Fee $ 51,904 $ 60,338 Prepayment Fee Income 87,158 187,720 Other Fees 4,924 113,792 Other Fee Income $ 143,986 $ 361,850

Tax Information

Tax Information	3 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Tax Information	Note 14. Tax Information As of September 30, 2023, the Company’s aggregate investment unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes were as follows: Tax cost $ 249,731,637 Gross unrealized appreciation 7,592,020 Gross unrealized depreciation ( 33,919,374 ) Net unrealized investment depreciation $ ( 26,327,354 ) As of June 30, 2023, the Company’s aggregate investment unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes were as follows: Tax cost $ 243,126,654 Gross unrealized appreciation 7,371,220 Gross unrealized depreciation ( 30,386,545 ) Net unrealized investment depreciation $ ( 23,015,325 )

Subsequent Events

Subsequent Events	3 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 15. Subsequent Events The Company has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the consolidated financial statements were issued. From October 1, 2023 through November 13, 2023, the Company invested $ 10.6 million in three new portfolio companies. The Company’s dividend framework provides a quarterly base dividend and may be supplemented, at the discretion of the Company’s board of directors, by additional dividends as determined to be available by the Company’s net investment income and performance during the quarter. On November 9, 2023 , the Company’s board of directors declared a distribution for the quarter ended December 31, 2023 of $ 0.12 per share payable on January 8, 2024 , to stockholders of record as of December 14, 2023 and a supplemental distribution of $ 0.03 per share, payable on January 8, 2024 , to stockholders of record as of December 14, 2023 .

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	a. Basis of Presentation The accompanying consolidated financial statements are prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Articles 6, 10 and 12 of Regulation S-X. Accordingly, certain disclosures accompanying annual financial statements prepared in accordance with U.S. GAAP are omitted. The unaudited financial statements and notes should be read in conjunction with the audited financial statements and notes thereto for the year ended June 30, 2023. All values are stated in U.S. dollars, unless noted otherwise. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the periods included herein as required by U.S. GAAP. These adjustments are normal and recurring in nature. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the fair value of investments and other amounts reported in the consolidated financial statements and accompanying notes. Management believes that the estimates utilized in preparing the Company’s consolidated financial statements are reasonable and prudent. Actual results could differ materially from these estimates. All material inter-company balances and transactions have been eliminated. As permitted under Regulation S-X and ASC Topic 946, the Company will generally not consolidate its investment in a portfolio company other than an investment company subsidiary or a controlled operating company whose business consists of providing all or substantially all of its services to the Company. Accordingly, the Company consolidated the results of the Company’s wholly-owned subsidiaries, CM Finance SPV Ltd. (“SPV”), CM Finance SPV LLC (“LLC”) and Investcorp Credit Management BDC SPV, LLC (“SPV LLC”), which are special purpose vehicles used to finance certain investments in its consolidated financial statements. The effects of all material intercompany balances and transactions have been eliminated in consolidation. The Company reclassified prior period affiliate and other information in the accompanying consolidated balance sheet and income statements to conform to its current period presentation. These reclassifications had no effect on the Company’s consolidated financial position or the consolidated results of operations as previously reported.
Revenue Recognition, Security Transactions, and Realized/Unrealized Gains or Losses	b. Revenue Recognition, Security Transactions, and Realized/Unrealized Gains or Losses Interest income, adjusted for amortization of premium and accretion of discount, is recorded on an accrual basis. Origination, closing, commitment, and amendment fees, and purchase and original issue discounts (“OID”) associated with loans to portfolio companies are accreted into interest income over the respective terms of the applicable loans. Accretion of discounts or premiums is calculated by the effective interest or straight-line method, as applicable, as of the purchase date and adjusted only for material amendments or prepayments. Upon the prepayment of a loan or debt security, any prepayment penalties are included in other fee income and unamortized fees and discounts are recorded as interest income and are non-recurring in nature. During the three months ended September 30, 2023, $ 174,454 of prepayment penalties and unamortized discounts upon prepayment were recorded as investment income. During the three months ended September 30, 2022, $ 155,038 of prepayment penalties and unamortized discounts upon prepayment were recorded as interest income. Structuring fees and similar fees are recognized as income as earned, usually when received. Structuring fees, excess deal deposits, net profits interests and overriding royalty interests are included in other fee income. Management reviews all loans that become 90 days or more past due on principal or interest or when there is reasonable doubt that principal or interest will be collected for possible placement on non-accrual status. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. However, capitalized PIK interest will not be reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current, although management may make exceptions to this general rule if the loan has sufficient collateral value and is in the process of collection. As of September 30, 2023, the Company had ten loans on non-accrual status, 1888 Industrial Services, LLC – Term A, Term C and Revolver, American Nuts Holdings, LLC - Term A and Term B, American Teleconferencing Services, Ltd. (d/b/a Premiere Global Services, Inc.) Revolver, Arborworks Acquisition LLC - Term Loan and Revolver, CareerBuilder, LLC and Klein Hersh, LLC, which collectively represented 10.62 % of the Company’s portfolio at fair value. As of June 30, 2023 , the Company had six loans on non-accrual status, 1888 Industrial Services, LLC – Term A, Term C and Revolver, American Nuts Holdings, LLC - Term A and Term B, and American Teleconferencing Services, Ltd. (d/b/a Premiere Global Services, Inc.) Revolver, which collectively represented 4.08 % of the Company’s portfolio at fair value. Dividend income is recorded on the ex-dividend date. Investment transactions are accounted for on a trade-date basis. Realized gains or losses on investments are determined by calculating the difference between the net proceeds from the disposition and the amortized cost basis of the investments, without regard to unrealized gains or losses previously recognized. Realized gains or losses on the sale of investments are calculated using the specific identification method. The Company reports changes in fair value of investments as a component of the net change in unrealized appreciation (depreciation) on investments in the Unaudited Consolidated Statements of Operations. The Company holds debt investments in its portfolio that contain a payment-in-kind (“PIK”) interest provision. PIK interest, which represents contractually deferred interest added to the investment balance that is generally due at maturity, is recorded on an accrual basis to the extent that such amounts are expected to be collected. PIK interest is not accrued if the Company does not expect the issuer to be able to pay all principal and interest when due. The Company earned PIK interest of $ 100,181 during the three months ended September 30, 2023. The Company earned PIK interest of $ 181,738 during the three months ended September 30, 2022. The Company may hold equity investments in its portfolio that contain a PIK dividend provision. PIK dividends, which represent contractual dividend payments added to the investment balance, are recorded on an accrual basis to the extent that such amounts are expected to be collected. The Company earned PIK dividends of $ 188,251 during the three months ended September 30, 2023. The Company earned PIK dividends of $ 166,449 during the three months ended September 30, 2022 .
Paid In Capital	c. Paid In Capital The Company records the proceeds from the sale of its common stock to common stock and additional paid-in capital, net of commissions and marketing support fees.
Net Increase (Decrease) in Net Assets Resulting from Operations per Share	d. Net Increase (Decrease) in Net Assets Resulting from Operations per Share The net increase (decrease) in net assets resulting from operations per share is calculated based upon the weighted average number of shares of common stock outstanding during the reporting period.
Distributions	e. Distributions Dividends and distributions to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend or distribution is determined by the Company’s board of directors each quarter and is generally based upon the earnings estimated by management. Net realized capital gains, if any, are generally distributed annually, although the Company may decide to retain such capital gains for investment. The Company has adopted a dividend reinvestment plan that provides for reinvestment of any distributions the Company declares in cash on behalf of the Company’s stockholders, unless a stockholder elects to receive cash. As a result, if the Company’s board of directors authorizes, and the Company declares, a cash distribution, then the Company’s stockholders who have not “opted out” of the Company’s dividend reinvestment plan will have their cash distributions automatically reinvested in additional shares of the Company’s common stock, rather than receiving the cash distribution.
Cash and Restricted Cash	f. Cash and Restricted Cash Cash and restricted cash consist of bank demand deposits. The Company deposits its cash in financial institutions and, at times, such balance may be in excess of the Federal Deposit Insurance Corporation insurance limits. All of the Company’s cash deposits are held at what management believes to be large established high credit quality financial institutions and management believes that the risk of loss associated with any uninsured balances is remote. The Company has restrictions on the uses of the cash held by SPV, LLC and SPV LLC based on the terms of the relevant financing arrangement. For more information on the Company’s financing arrangements and borrowings, see Note 5.
Deferred Offering Costs	g. Deferred Offering Costs Deferred offering costs consist of fees and expenses incurred in connection with the offer and sale of the Company’s common stock and bonds, including legal, accounting, printing fees, and other related expenses, as well as costs incurred in connection with the filing of a shelf registration statement. These costs are capitalized when incurred and recognized as a reduction of offering proceeds when the offering is completed.
Investment Transactions and Expenses	h. Investment Transactions and Expenses Purchases of loans, including revolving credit agreements, are recorded on a fully committed basis until the funded and unfunded portions are known or estimable, which in many cases may not be until settlement. Expenses are accrued as incurred. Deferred debt issuance costs and deferred financing costs, incurred in connection with the Company’s financing arrangements and borrowings, are amortized using the straight-line method which approximates the effective interest method over the life of the debt.
Investment Valuation	i. Investment Valuation The Company applies fair value accounting to all of its financial instruments in accordance with ASC Topic 820 – Fair Value Measurements and Disclosures (“ASC 820”) and Rule 2a-5 under the 1940 Act. ASC 820 defines fair value, establishes a framework used to measure fair value and requires disclosures for fair value measurements. In accordance with ASC 820, the Company has categorized its investments and financial instruments carried at fair value, based on the priority of the valuation technique, into a three-level fair value hierarchy as discussed in Note 4. Fair value is a market-based measure considered from the perspective of the market participant who holds the financial instrument rather than an entity specific measure. Therefore, when market assumptions are not readily available, the Company’s own assumptions are set to reflect those that management believes market participants would use in pricing the financial instrument at the measurement date. Fair value is defined as the price that would be received upon a sale of an asset in an orderly transaction between market participants at the measurement date. Market participants are buyers and sellers in the principal (or most advantageous) market for the asset that (a) are independent of us, (b) are knowledgeable, having a reasonable understanding about the asset based on all available information (including information that might be obtained through due diligence efforts that are usual and customary), (c) are able to transact for the asset, and (d) are willing to transact for the asset or liability (that is, they are motivated but not forced or otherwise compelled to do so). Securities that are traded on securities exchanges (including such securities traded in the afterhours market) are valued on the basis of the closing price on the valuation date (if such prices are available). Securities that are traded on more than one securities exchange are valued at the closing price on the primary securities exchange on which such securities are traded on the valuation date (or if reported on the consolidated tape, then their last sales price on the consolidated tape). Listed options for which the last sales price falls between the last “bid” and “ask” prices for such options are valued at their last sales price on the date of the valuation on the primary securities exchange on which such options are traded. Options for which the last sales price on the valuation date does not fall between the last “bid” and “ask” prices are valued at the average of the last “bid” and “ask” prices for such options on that date. To the extent these securities are actively traded, and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. The Company held no Level 1 investments as of September 30, 2023 or June 30, 2023. Investments that are not traded on securities exchanges but are traded on the over-the-counter (“OTC”) markets (such as term loans, notes and warrants) are valued using various techniques, which may consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (when observable) and fundamental data relating to the issuer. These investments are categorized in Level 2 of the fair value hierarchy, or in instances when lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3. Investments for which market quotations are not readily available or may be considered unreliable are fair valued, in good faith, using a method determined to be appropriate in the given circumstances. The valuation methods used include the Cost Approach, the Market Approach and the Income Approach. Inputs used in these approaches may include, but are not limited to, interest rate yield curves, credit spreads, recovery rates, comparable company transactions, trading multiples, and volatilities. The valuation method the Company uses may change as changes in the underlying portfolio company dictates, such as moving from the Cost Approach to Market Approach when underlying conditions change at the company. Because of the inherent uncertainty of valuation in these circumstances, the fair values for the aforementioned investments may differ significantly from values that would have been used had a ready and liquid market for such investments existed or from the amounts that might ultimately be realized, and such differences could be material. The Adviser seeks to ensure that the Company’s valuation policies and procedures, as approved by the Company’s board of directors, are consistently applied across all investments of the Company. The valuations are continuously monitored and the valuation process for Level 3 investments is completed on a quarterly basis and is designed to subject the valuation of Level 3 investments to an appropriate level of consistency, oversight and review. The valuation process begins with each portfolio company or investment being initially valued by the investment professionals of the Adviser responsible for the portfolio investment. These investment professionals prepare the preliminary valuations based on their evaluation of financial and operating data, company specific developments, market valuations of comparable securities from the same company or that of comparable companies as well as any other relevant factors including recent purchases and sales that may have occurred preceding month-end. Valuation models are typically calibrated upon initial funding and are re-calibrated as necessary upon subsequent material events (including, but not limited to additional financing activity, changes in comparable companies, and recent trades). The preliminary valuation conclusions are then documented and discussed with senior management of the Adviser. On a periodic basis and at least once annually, one or more third-party independent valuation firm(s) engaged by the Company conduct independent appraisals and review the Adviser’s preliminary valuations and make their own independent assessment. The Valuation Committee of the Company’s board of directors then reviews the preliminary valuations of the Adviser and, as applicable, that of any independent valuation firms. The Valuation Committee discusses the valuations and makes a recommendation to the Company’s board of directors regarding the fair value of each investment in good faith based on the input of the Adviser and the independent valuation firm(s). Upon recommendation by the Valuation Committee and a review of the valuation materials of the Adviser and the third-party independent valuation firm(s), the board of directors of the Company determines, in good faith, the fair value of each investment. For more information on the classification of the Company’s investments by major categories, see Note 4. The fair value of the Company’s assets and liabilities that qualify as financial instruments under U.S. GAAP approximates the carrying amounts presented in the Unaudited Consolidated Statements of Assets and Liabilities.
Income Taxes	j. Income Taxes The Company has elected to be treated, for U.S. federal income tax purposes, as a RIC under Subchapter M of the Code. To maintain qualification as a RIC, the Company must, among other things, meet certain source of income and asset diversification requirements and distribute to stockholders, for each taxable year, at least 90 % of the Company’s “investment company taxable income,” which is generally the Company’s net ordinary income plus the excess, if any, of realized net short-term capital gains over realized net long-term capital losses. If the Company continues to qualify as a RIC and continues to satisfy the annual distribution requirement, the Company will not have to pay corporate level U.S. federal income taxes on any income that the Company distributes to its stockholders. The Company intends to make distributions in an amount sufficient to maintain RIC status each year and to avoid any federal income taxes on income. The Company will also be subject to nondeductible U.S. federal excise taxes if the Company does not distribute to its stockholders at least 98 % of net ordinary income, 98.2 % of capital gains, if any, and any recognized and undistributed income from prior years for which it paid no U.S. federal income taxes. Additionally, certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state income taxes. At September 30, 2023 and September 30, 2022, the Company had no Taxable Subsidiaries. The Company incurred excise tax expenses, which are included in the provision for tax expense of $ 100,747 for the three months ended September 30, 2023, and $ 44,330 for the three months ended September 30, 2022. Book and tax basis differences that are permanent differences are reclassified among the Company’s capital accounts, as appropriate at year-end. Additionally, the tax character of distributions is determined in accordance with the Code, which differs from U.S. GAAP. During the three months ended September 30, 2023, the Company recorded distributions of $ 2.2 million . During the three months ended September 30, 2022, the Company recorded distributions of $ 2.2 million . For certain periods, the tax character of a portion of distributions may be return of capital. U.S. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions not deemed to meet a more-likely-than-not threshold would be recorded as a tax expense in the current year. The Company’s policy is to recognize accrued interest and penalties associated with uncertain tax positions as part of the tax provision. The Company has analyzed such tax positions and has concluded that no unrecognized tax benefits should be recorded for uncertain tax positions for any tax year since inception. The tax years ended June 30, 2020 through present remain subject to examinations by taxing authorities. This conclusion may be subject to review and adjustment at a later date based on factors, including but not limited to, ongoing analysis and changes to laws, regulations, and interpretations thereof. Permanent differences between investment company taxable income and net investment income for financial reporting purposes are reclassified among capital accounts in the financial statements to reflect their tax character. Differences in classification may also result from the treatment of short-term gains as ordinary income for U.S. federal income tax purposes. During the year ended June 30, 2023, the Company reclassified for book purposes amounts arising from permanent book/tax differences related to the different tax treatment of paydown gains and losses, Taxable Subsidiary partnership investments, nondeductible taxes paid and income/(loss) from wholly owned subsidiaries as follows: As of June 30, 2023 Additional paid-in capital $ ( 284,155 ) Distributable earnings 284,155 The tax character of all distributions paid by the Company during the year ended June 30, 2023 was ordinary income. At June 30, 2023, the components of distributable earnings on a tax basis were as follows: As of June 30, 2023 Undistributed net investment income $ 11,648,379 Accumulated capital gains (losses) and other ( 27,970,779 ) Capital loss carryover ( 73,713,555 ) Unrealized appreciation (depreciation) ( 23,015,323 ) Distributions payable ( 2,590,520 ) Distributable earnings (loss) $ ( 115,641,798 ) For U.S. federal income tax purposes, net realized capital losses may be carried over to offset future capital gains, if any. These capital losses can be carried forward for an indefinite period and will retain their character as either short-term or long-term capital losses. As of June 30, 2023 , the Company had a net short-term capital loss carryforward of $ 1,971,187 and a net long-term capital loss carryforward of $ 71,742,368 available to be carried forward for an indefinite period. A RIC may elect to defer any capital losses incurred after October 31 of a taxable year (“post-October”) to the beginning of the following fiscal year. As of June 30, 2023 , the Company had a post-October short-term capital loss deferral of $ 41,242 and a post-October long-term capital loss deferral of $ 27,178,811 . These losses were deemed to arise on July 1, 2023.
Capital Gains Incentive Fee	k. Capital Gains Incentive Fee Under the Advisory Agreement, the Company has agreed to pay the Adviser a fee for investment advisory and management services consisting of two components: a base management fee (the “Base Management Fee”) and an incentive fee (the “Incentive Fee”). The Incentive Fee has two components: one based on the Company’s pre-Incentive Fee net investment income (the “Income-Based Fee”) and one based on capital gains (the “Capital Gains Fee”). Under U.S. GAAP, the Company calculates the Capital Gains Fee payable to the Adviser as if the Company had realized all investments at their fair values as of the reporting date. Accordingly, the Company accrues a provisional Capital Gains Fee taking into account any unrealized gains or losses. As the provisional Capital Gains Fee is subject to the performance of investments until there is a realization event, the amount of provisional Capital Gains Fee accrued at a reporting date may vary from the incentive fee that is ultimately realized and the differences could be material. Under the Advisory Agreement, the Capital Gains Fee is determined and payable in arrears as of the end of each fiscal year (or upon termination of the Advisory Agreement, as of the termination date) commencing with the Company’s fiscal year ending on June 30, 2021, and is calculated at the end of each applicable year by subtracting (1) the sum of the Company’s cumulative aggregate realized capital losses and aggregate unrealized capital depreciation from (2) the Company’s cumulative aggregate realized capital gains, in each case calculated from June 30, 2020. If the amount so calculated is positive, then the Capital Gains Fee for such year is equal to 20% of such amount, less the aggregate amount of Capital Gains Fees paid in all prior years under the Advisory Agreement. If such amount is negative, then no Capital Gains Fee will be payable for such year. Under the Advisory Agreement, the Capital Gains Fee was not charged until the fiscal year ended June 30, 2023. As of September 30, 2023 and June 30, 2023 , there was no Capital Gains Fee payable to the Adviser under the Advisory Agreement.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	3 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Schedule of Reclassified for Book Purposes Amounts Arising from Permanent Book or Tax Differences Related to the Different Tax Treatment of Paydown Gains and Losses	During the year ended June 30, 2023, the Company reclassified for book purposes amounts arising from permanent book/tax differences related to the different tax treatment of paydown gains and losses, Taxable Subsidiary partnership investments, nondeductible taxes paid and income/(loss) from wholly owned subsidiaries as follows: As of June 30, 2023 Additional paid-in capital $ ( 284,155 ) Distributable earnings 284,155
Schedule of Distributable Earnings on Tax Basis	At June 30, 2023, the components of distributable earnings on a tax basis were as follows: As of June 30, 2023 Undistributed net investment income $ 11,648,379 Accumulated capital gains (losses) and other ( 27,970,779 ) Capital loss carryover ( 73,713,555 ) Unrealized appreciation (depreciation) ( 23,015,323 ) Distributions payable ( 2,590,520 ) Distributable earnings (loss) $ ( 115,641,798 )

Investments (Tables)

Investments (Tables)	3 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Purchases Sales And Principal Payments	Investment purchases, sales and principal payments/paydowns are summarized below for the three months ended September 30, 2023 and September 30, 2022, respectively. These purchase and sale amounts exclude derivative instruments as well as non-cash restructurings. For the three months ended September 30, 2023 2022 Investment purchases, at cost (including PIK interest) $ 16,535,289 $ 22,147,855 Investment sales and repayments 10,317,357 16,476,699
Schedule of Investments	The composition of the Company’s investments as of September 30, 2023, by investment type, as a percentage of the total portfolio, at amortized cost and fair value, are as follows: Investment Type Investments at Percentage of Investments at Percentage of Senior Secured First Lien Debt Investments $ 220,517,589 88.24 % $ 200,319,576 89.67 % Equity, Warrants and Other Investments 29,386,210 11.76 23,084,707 10.33 Total $ 249,903,799 100.00 % $ 223,404,283 100.00 % The composition of the Company’s investments as of June 30, 2023, by investment type, as a percentage of the total portfolio, at amortized cost and fair value, are as follows: Investment Type Investments at Percentage of Investments at Percentage of Senior Secured First Lien Debt Investments $ 214,100,857 88.00 % $ 196,370,955 89.21 % Equity, Warrants and Other Investments 29,197,959 12.00 23,740,374 10.79 Total $ 243,298,816 100.00 % $ 220,111,329 100.00 %
Schedule of Portfolio Composition by Industry Grouping at Fair Value	The Company uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings in its portfolio. The following table shows the portfolio composition by industry grouping at fair value at September 30, 2023: Industry Classification Investments at Percentage of Trading Companies & Distributors $ 38,219,681 17.11 % Professional Services 25,728,030 11.52 IT Services 16,830,075 7.53 Software 13,736,438 6.15 Containers & Packaging 13,558,591 6.07 Commercial Services & Supplies 13,493,554 6.04 Machinery 8,967,989 4.01 Internet & Direct Marketing Retail 8,907,439 3.99 Household Durables 7,766,091 3.48 Entertainment 7,600,000 3.40 Chemicals 7,527,189 3.37 Diversified Consumer Services 7,250,052 3.25 Hotels, Restaurants, and Leisure 7,171,656 3.21 Automobile Components 6,158,497 2.76 Consumer Staples Distribution & Retail 5,606,790 2.51 Specialty Retail 5,059,875 2.26 Consumer Services 4,915,732 2.20 Building Products 4,474,688 2.00 Automotive Retail 4,017,057 1.80 Food Products 4,005,000 1.79 Construction & Engineering 3,937,532 1.76 Paper Packaging 3,000,000 1.34 Electronic Equipment, Instruments & Components 2,852,627 1.28 Energy Equipment & Services 2,619,700 1.17 Total $ 223,404,283 100.00 % The following table shows the portfolio composition by industry grouping at fair value at June 30, 2023: Industry Classification Investments at Percentage of Trading Companies & Distributors $ 35,176,879 15.98 % Professional Services 28,238,167 12.83 IT Services 23,576,450 10.71 Commercial Services & Supplies 14,329,460 6.51 Software 13,772,487 6.26 Containers & Packaging 12,958,772 5.89 Machinery 9,602,806 4.36 Internet & Direct Marketing Retail 8,969,729 4.08 Entertainment 7,640,000 3.47 Household Durables 7,610,242 3.46 Chemicals 7,568,617 3.44 Diversified Consumer Services 7,268,500 3.30 Automobile Components 7,261,275 3.30 Hotels, Restaurants, and Leisure 6,283,541 2.85 Consumer Staples Distribution & Retail 6,061,396 2.75 Specialty Retail 5,148,000 2.34 Building Products 4,511,719 2.05 Food Products 4,288,750 1.95 Automotive Retail 3,878,905 1.76 Electronic Equipment, Instruments & Components 3,265,598 1.48 Energy Equipment & Services 2,700,036 1.23 Total $ 220,111,329 100.00 %
Schedule of Portfolio Composition by Geographic Grouping at Fair Value	The following table shows the portfolio composition by geographic grouping at fair value at September 30, 2023: Geographic Region Investments at Percentage of U.S. Northeast $ 86,530,253 38.73 % U.S. West 48,391,784 21.66 U.S. Midwest 27,364,696 12.25 U.S. Mid-Atlantic 22,911,655 10.26 U.S. Southeast 20,636,714 9.24 U.S. Southwest 12,601,618 5.64 International 4,967,563 2.22 Total $ 223,404,283 100.00 % The following table shows the portfolio composition by geographic grouping at fair value at June 30, 2023: Geographic Region Investments at Percentage of U.S. Northeast $ 94,658,227 43.00 % U.S. West 44,911,266 20.40 U.S. Midwest 26,602,440 12.09 U.S. Southeast 20,803,349 9.45 U.S. Mid-Atlantic 17,721,607 8.05 U.S. Southwest 10,367,607 4.71 International 5,046,833 2.30 Total $ 220,111,329 100.00 %
Schedule of Fair Value Measurements of Assets	The following table summarizes the classifications within the fair value hierarchy of the Company’s assets measured at fair value as of September 30, 2023: Level 1 Level 2 Level 3 Total Assets Investments Senior Secured First Lien Debt Investments $ — $ — $ 200,319,576 $ 200,319,576 Equity, Warrants and Other Investments — — 23,084,707 23,084,707 Total Investments $ — $ — $ 223,404,283 $ 223,404,283 The following table summarizes the classifications within the fair value hierarchy of the Company’s assets measured at fair value as of June 30, 2023: Level 1 Level 2 Level 3 Total Assets Investments Senior Secured First Lien Debt Investments $ — $ — $ 196,370,955 $ 196,370,955 Equity, Warrants and Other Investments — — 23,740,374 23,740,374 Total Investments $ — $ — $ 220,111,329 $ 220,111,329
Reconciliation of Investments Measured at Fair value on a recurring basis using Level 3 inputs	The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the three months ended September 30, 2023: Senior Secured Senior Secured Unsecured Equity, Warrants Total Fair value at September 30, 2022 $ 196,370,955 $ — $ — $ 23,740,374 $ 220,111,329 Purchases (including PIK interest) 16,347,037 — — 188,252 16,535,289 Sales and repayments ( 10,317,357 ) — — — ( 10,317,357 ) Amortization 387,051 — — — 387,051 Net realized gains (losses) — — — — — Transfers in — — — — — Transfers out — — — — — Net change in unrealized appreciation (depreciation) ( 2,468,110 ) — — ( 843,919 ) ( 3,312,029 ) Fair value at September 30, 2023 $ 200,319,576 $ — $ — $ 23,084,707 $ 223,404,283 Change in unrealized appreciation (depreciation) relating to assets still held as of September 30, 2023 $ ( 2,468,109 ) $ — $ — $ ( 843,919 ) $ ( 3,312,028 ) The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the three months ended September 30, 2022: Senior Secured Senior Secured Unsecured Equity, Warrants Total Fair value at June 30, 2022 $ 214,858,036 $ — $ — $ 18,825,950 $ 233,683,986 Purchases (including PIK interest) 21,781,406 — — 366,449 22,147,855 Sales and repayments ( 16,476,699 ) — — — ( 16,476,699 ) Amortization 501,016 — — — 501,016 Net realized gains (losses) — — — — — Transfers in — — — — — Transfers out — — — — — Net change in unrealized (depreciation) appreciation ( 1,130,564 ) — — 451,967 ( 678,597 ) Fair value at September 30, 2022 $ 219,533,195 $ — $ — $ 19,644,366 $ 239,177,561 Change in unrealized appreciation (depreciation) relating to assets still held as of September 30, 2022 $ ( 1,022,903 ) $ — $ — $ 451,968 $ ( 570,935 )
Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs	The below tables are not intended to be all-inclusive, but rather provide information on the significant unobservable inputs as they relate to the Company’s determination of fair values. Fair Value Valuation Unobservable Weighted Range Senior Secured First Lien Debt Investments $ 167,661,231 Income Approach Market Yields 13.4 % 9.9 %- 18.1 % Senior Secured First Lien Debt Investments 6,294,430 Market Comparable Approach EBITDA Multiple 5.3 x 5.2 x- 5.8 x Senior Secured First Lien Debt Investments 2,418,108 Market Comparable Approach Revenue Multiple 0.27 x 0.27 x Senior Secured First Lien Debt Investments 14,853,263 Recent Transaction Recent Transaction N/A N/A Senior Secured First Lien Debt Investments 9,092,544 Recovery Analysis Recovery Amount N/A N/A Equity, Warrants, and Other Investments 5,593,082 Income Approach Market Yields 17.1 % 17.1 % Equity, Warrants, and Other Investments 17,491,625 Market Comparable Approach EBITDA multiple 8.9 x 4.7 x- 21.9 x Fair Value as of Valuation Unobservable Weighted Range Senior Secured First Lien Debt Investments $ 161,776,983 Income Approach Market Yields 13.3 % 10.1 % - 18.0 % Senior Secured First Lien Debt Investments 13,895,260 Market Comparable Approach EBITDA Multiple 17.3 x 5.7 x – 21.2 x Senior Secured First Lien Debt Investments 5,272,355 Market Comparable Approach Revenue Multiple 0.3 x 0.30 x – 0.38 x Senior Secured First Lien Debt Investments 15,209,280 Recent Transaction Recent Transaction N/A N/A Senior Secured First Lien Debt Investments 217,077 Recovery Analysis Recovery Amount N/A N/A Equity, Warrants and Other Investments 4,824,752 Income Approach Market Yields 18.0 % 18.0 % Equity, Warrants and Other Investments 18,915,622 Market Comparable Approach EBITDA multiple 8.7 x 5.7 x – 24.2 x Equity, Warrants and Other Investments — Market Comparable Approach Revenue Multiple 0.3 x 0.3 x

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt	Set forth below is the aggregate principal amount of our long-term debt as of September 30, 2023 (excluding unamortized premiums, net, unamortized debt issuance costs and note payable) maturing during the following years: 2024 $ — 2025 — 2026 134,000,000 Total long-term debt $ 134,000,000

Indemnification, Guarantees, _2

Indemnification, Guarantees, Commitments and Contingencies (Tables)	3 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Summary of Quarterly Distributions By Board Of Directors	The Company’s board of directors declared the following quarterly distributions during the three months ended September 30, 2023: Declared Ex-Date Record Date Pay Date Amount Fiscal Quarter September 14, 2023 October 11, 2023 October 12, 2023 November 2, 2023 $ 0.1500 1st 2024
Summary of Unfunded Commitment	The following table details the Company’s unfunded commitments to portfolio companies as of September 30, 2023: Investments Unfunded Fair Annual Expiration 1888 Industrial Services, LLC – Revolver $ 210,033 $ — 0.50 % 8/31/24 Amerequip, LLC – Revolver 967,742 — 0.50 % 8/31/27 Arborworks Acquisition LLC – Revolver 8,363 — 0.50 % 11/9/26 Archer Systems, LLC – Revolver 603,175 — 0.50 % 8/11/27 Evergreen North America Acquisitions, LLC – Revolver 276,064 — 0.50 % 8/13/26 Flatworld Intermediate Corporation – Revolver 567,568 — 0.50 % 10/1/27 NWN Parent Holdings LLC – Revolver 1,200,000 — 0.50 % 5/7/26 South Coast Terminals LLC – Revolver 967,742 — 0.50 % 12/10/26 Xenon Arc, Inc. – Revolver 680,000 — 0.50 % 12/17/26 Total Unfunded Commitments $ 5,480,687 $ — The following table details the Company’s unfunded commitments to portfolio companies as of June 30, 2023: Investments Unfunded Fair Annual Expiration 1888 Industrial Services, LLC – Revolver $ 186,990 $ — 0.50 % 8/31/24 Amerequip, LLC – Revolver 967,742 — 0.50 % 8/31/27 Arborworks Acquisition LLC – Revolver 554,947 — 0.50 % 11/9/26 Archer Systems, LLC – Revolver 603,175 — 0.50 % 8/11/27 Evergreen North America Acquisitions, LLC – Revolver 276,064 — 0.50 % 8/13/26 Flatworld Intermediate Corporation – Revolver 567,567 — 0.50 % 10/1/27 NWN Parent Holdings LLC – Revolver 800,000 — 0.50 % 5/7/26 South Coast Terminals LLC – Revolver 967,742 — 0.50 % 12/10/26 Xenon Arc, Inc. – Revolver 746,667 — 0.50 % 12/17/26 Total Unfunded Commitments $ 5,670,894 $ —

Net Change in Net Assets Resu_2

Net Change in Net Assets Resulting from Operations Per Share (Tables)	3 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Computation of the Weighted Average basic and Diluted Net Assets Per Share from Operations	The following table sets forth the computation of the weighted average basic and diluted net increase in net assets per share from operations: Basic and Diluted Net Increase (Decrease) in Net Assets Per Share Three months ended September 30, 2023 2022 Net increase (decrease) in net assets resulting from operations $ ( 1,684,362 ) $ 1,657,507 Weighted average shares of common stock outstanding 14,392,714 14,386,809 Basic/diluted net increase (decrease) in net assets from operations per share $ ( 0.12 ) $ 0.12

Distributions (Tables)

Distributions (Tables)	3 Months Ended
	Sep. 30, 2023
Distributions [Abstract]
Schedule of Distributions Declared on Shares of Common Stock	The following table reflects the distributions declared on shares of the Company’s common stock since the Offering in February 2014. Stockholders of record as of each respective record date were entitled to receive the distribution: Declaration Date Record Date Payment Date Amount Per Share March 14, 2014 March 24, 2014 March 31, 2014 $ 0.1812 May 14, 2014 June 16, 2014 July 1, 2014 $ 0.3375 September 4, 2014 September 18, 2014 October 1, 2014 $ 0.3375 November 6, 2014 December 18, 2014 January 5, 2015 $ 0.3375 January 28, 2015 March 18, 2015 April 2, 2015 $ 0.3469 May 6, 2015 June 8, 2015 July 5, 2015 $ 0.3469 June 10, 2015 # September 1, 2015 September 15, 2015 $ 0.4300 June 10, 2015 September 18, 2015 October 2, 2015 $ 0.3469 November 3, 2015 December 18, 2015 January 5, 2016 $ 0.3469 February 2, 2016 March 18, 2016 April 7, 2016 $ 0.3516 April 28, 2016 June 17, 2016 July 7, 2016 $ 0.3516 August 25, 2016 September 16, 2016 October 6, 2016 $ 0.3516 November 3, 2016 December 16, 2016 January 5, 2017 $ 0.3516 November 3, 2016 March 17, 2017 April 6, 2017 $ 0.2500 May 2, 2017 June 16, 2017 July 6, 2017 $ 0.2500 August 24, 2017 September 8, 2017 October 5, 2017 $ 0.2500 November 7, 2017 March 16, 2018 April 5, 2018 $ 0.2500 May 2, 2018 June 15, 2018 July 5, 2018 $ 0.2500 August 23, 2018 September 18, 2018 October 5, 2018 $ 0.2500 November 6, 2018 December 14, 2018 January 3, 2019 $ 0.2500 February 5, 2019 March 15, 2019 April 4, 2019 $ 0.2500 May 1, 2019 June 14, 2019 July 5, 2019 $ 0.2500 August 28, 2019 September 26, 2019 October 16, 2019 $ 0.2500 November 6, 2019 December 13, 2019 January 2, 2020 $ 0.2500 February 4, 2020 March 13, 2020 April 2, 2020 $ 0.2500 May 7, 2020 June 19, 2020 July 10, 2020 $ 0.1500 May 7, 2020 * June 19, 2020 July 10, 2020 $ 0.0300 August 26, 2020 September 25, 2020 October 15, 2020 $ 0.1500 August 26, 2020 * September 25, 2020 October 15, 2020 $ 0.0300 November 3, 2020 December 10, 2020 January 4, 2021 $ 0.1500 November 3, 2020 * December 10, 2020 January 4, 2021 $ 0.0300 February 3, 2021 March 12, 2021 April 1, 2021 $ 0.1500 February 3, 2021 * March 12, 2021 April 1, 2021 $ 0.0300 May 6, 2021 June 18, 2021 July 9, 2021 $ 0.1500 August 25, 2021 September 24, 2021 October 14, 2021 $ 0.1500 November 3, 2021 December 10, 2021 January 4, 2022 $ 0.1500 February 3, 2022 March 11, 2022 March 31, 2022 $ 0.1500 May 5, 2022 June 17, 2022 July 8, 2022 $ 0.1500 August 25, 2022 September 23, 2022 October 14, 2022 $ 0.1500 November 11, 2022 December 16, 2022 January 10, 2023 $ 0.1300 November 11, 2022 * December 16, 2022 January 10, 2023 $ 0.0200 February 2, 2023 March 10, 2023 March 30, 2023 $ 0.1300 February 2, 2023 * March 10, 2023 March 30, 2023 $ 0.0200 May 4, 2023 June 16, 2023 July 7, 2023 $ 0.1300 May 4, 2023 * June 16, 2023 July 7, 2023 $ 0.0500 September 14, 2023 October 12, 2023 November 2, 2023 $ 0.1300 September 14, 2023 * October 12, 2023 November 2, 2023 $ 0.0200 # Special distribution * Supplemental distribution
Schedule of Cash Dividend Distribution	The following table reflects, for U.S. federal income tax purposes, the sources of the cash dividend distributions that the Company has paid on its common stock during the three months ended September 30, 2023 and September 30, 2022: Three months ended September 30, 2023 2022 Distribution Amount Percentage Distribution Amount Percentage Ordinary income and short-term capital gains $ 2,158,926 100 % $ 2,158,042 100 % Long-term capital gains — — — — Total $ 2,158,926 100 % $ 2,158,042 100 %

Share Transactions (Tables)

Share Transactions (Tables)	3 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Summary Of Shares Issued	The following table summarizes the total shares issued for the three months ended September 30, 2023 and September 30, 2022. Three months ended September 30, 2023 2022 Shares Amount Shares Amount Balance at beginning of period 14,391,775 $ 205,812,251 14,385,810 $ 205,790,502 Issuance of common shares — — — — Reinvestments of stockholder distributions 1,066 3,797 1,135 4,763 Balance at end of period 14,392,841 $ 205,816,048 14,386,945 $ 205,795,265

Financial Highlights (Tables)

Financial Highlights (Tables)	3 Months Ended
	Sep. 30, 2023
Investment Company, Financial Highlights [Abstract]
Schedule of Financial Highlights	The following represents the per share data and the ratios to average net assets for the Company: For the three months ended September 30, 2023 2022 Per Share Data: (1) Net asset value, beginning of period $ 6.09 $ 6.50 Net investment income 0.11 0.16 Net realized and unrealized gains (losses) ( 0.22 ) ( 0.04 ) Net increase (decrease) in net assets resulting from operations ( 0.11 ) 0.12 Capital transactions (2) Dividends from net investment income ( 0.15 ) ( 0.15 ) Distributions from net realized gains — — Net decrease in net assets resulting from capital transactions ( 0.15 ) ( 0.15 ) Offering costs — — Net asset value, end of period $ 5.83 $ 6.47 Market value per share, end of period $ 3.99 $ 3.58 Total return based on market value (3)(4) 15.05 % ( 11.94 ) % Shares outstanding at end of period 14,392,841 14,386,945 Ratio/Supplemental Data: Net assets, at end of period $ 83,860,817 $ 93,013,620 Ratio of total expenses to average net assets (5) 20.67 % 17.30 % Ratio of net expenses to average net assets (5) 20.26 % 16.90 % Ratio of interest expense and fees and amortization of deferred debt issuance costs to average net assets (5) 11.33 % 8.38 % Ratio of net investment income before fee waiver to average net assets (5) 8.13 % 10.37 % Ratio of net investment income after fee waiver to average net assets (5) 7.72 % 9.96 % Total Borrowings $ 134,000,000 $ 154,500,000 Asset Coverage Ratio (6) 1.63 1.60 Portfolio Turnover Rate (4) 5 % 7 % (1) All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. (2) The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period. (3) Total returns are historical and are calculated by determining the percentage change in the market value with all dividends distributions, if any, reinvested. Dividends and distributions are assumed to be reinvested at prices obtained under the company’s dividend reinvestment plan. Total investment return does not reflect sales load. (4) Not annualized. (5) Annualized. (6) Asset coverage ratio is equal to (i) the sum of (A) net assets at the end of the period and (B) debt outstanding at the end of the period, divided by (ii) total debt outstanding at the end of the period.

Other Fee Income (Tables)

Other Fee Income (Tables)	3 Months Ended
	Sep. 30, 2023
Other Income and Expenses [Abstract]
Schedule of Other Fee Income	The following tables summarize the Company’s other fee income for the three months ended September 30, 2023 and September 30, 2022: For the three months ended 2023 2022 Amendment Fee $ 51,904 $ 60,338 Prepayment Fee Income 87,158 187,720 Other Fees 4,924 113,792 Other Fee Income $ 143,986 $ 361,850

Tax Information (Tables)

Tax Information (Tables)	3 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Aggregate Investment Unrealized Appreciation and Depreciation Based on Cost for U.S. Federal Income Tax Purposes	As of September 30, 2023, the Company’s aggregate investment unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes were as follows: Tax cost $ 249,731,637 Gross unrealized appreciation 7,592,020 Gross unrealized depreciation ( 33,919,374 ) Net unrealized investment depreciation $ ( 26,327,354 ) As of June 30, 2023, the Company’s aggregate investment unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes were as follows: Tax cost $ 243,126,654 Gross unrealized appreciation 7,371,220 Gross unrealized depreciation ( 30,386,545 ) Net unrealized investment depreciation $ ( 23,015,325 )

Organization - Additional Infor

Organization - Additional Information (Details) - USD ($)			3 Months Ended
	Sep. 03, 2021	Feb. 11, 2014	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Aug. 30, 2021
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Issuance of common shares	453,985		0	0
Common stock, par value	$ 0.001		$ 0.001		$ 0.001
Shares offering, price per share	$ 6.92
Common stock, shares issued			14,392,841		14,391,775
Common stock, shares outstanding			14,392,841	14,386,945	14,391,775
Repayment of debt percentage			100%
Qualifying assets percentage			70%
Amount of market capitalization			$ 250,000,000
Taxable subsidiaries			$ 0		$ 0
CM Finance LLC
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Common stock, shares issued			6,000,000
Issuance of debt			$ 39,800,000
Stifel Venture Corp
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Common stock, shares issued						2,181,818
Issuance of common shares			$ 32,700,000
Number of common stock shares repurchased			2,181,818
Common stock, shares outstanding			13,666,666
Investcorp Credit Management
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Common stock, par value							$ 0.001
Common stock, shares issued							680,985
Common stock, shares outstanding							680,985
IPO | Investcorp Credit Management | Common Stock
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Issuance of common shares		7,666,666
Common stock, par value		$ 0.001
Shares offering, price per share		$ 15
Proceeds from initial public offering		$ 111,500,000

Significant Accounting Polici_4

Significant Accounting Policies - Schedule of Reclassified for Book Purposes Amounts Arising from Permanent Book (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Sep. 30, 2023
Additional paid-in capital	$ 203,327,714	$ 203,331,510
Subsidiaries [Member]
Additional paid-in capital	(284,155)
Distributable earnings	$ 284,155

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Distributable Earnings on Tax Basis (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Accounting Policies [Abstract]
Undistributed net investment income		$ 11,648,379
Accumulated capital gains (losses) and other		(27,970,779)
Capital loss carryover		(73,713,555)
Unrealized appreciation (depreciation)		(23,015,323)
Distributions payable		(2,590,520)
Distributable earnings (loss)	$ (119,485,086)	$ (115,641,798)

Significant Accounting Polici_6

Significant Accounting Policies - Additional Information (Details)	3 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest income	$ 174,454	$ 155,038
Number of loans on non-accrual status | Loans			6
Percentage of portfolio at fair value	10.62%		4.08%
Investment company taxable income	90%
Percentage of net ordinary income	98%
Percentage of capital gain	98.20%
Excise tax	$ 100,747	44,330
Distributions	2,158,926	2,158,042
Short-term capital loss carryforward, net			$ 1,971,187
Long-term capital loss carryforward, net			71,742,368
Short-term capital loss deferral			41,242
Long-term capital loss deferral			$ 27,178,811
Equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Payment in kind, interest received	188,251	166,449
Debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Payment in kind, interest received	$ 100,181	$ 181,738

Investments - Schedule of Inves

Investments - Schedule of Investment Purchases Sales And Principal Payments (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment purchases, at cost (including PIK interest)	$ 16,535,289	$ 22,147,855
Sales and repayments	$ 10,317,357	$ 16,476,699

Investments - Schedule of Inv_2

Investments - Schedule of Investment (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Amortized Cost	$ 249,903,799	$ 243,298,816
Percentage of Total Portfolio	100%	100%
Investments at Fair Value	$ 223,404,283	$ 220,111,329
Percentage of Total Portfolio	100%	100%
Senior Secured First Lien Debt Investments
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Amortized Cost	$ 220,517,589	$ 214,100,857
Percentage of Total Portfolio	88.24%	88%
Investments at Fair Value	$ 200,319,576	$ 196,370,955
Percentage of Total Portfolio	89.67%	89.21%
Equity, Warrants and Other Investments
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Amortized Cost	$ 29,386,210	$ 29,197,959
Percentage of Total Portfolio	11.76%	12%
Investments at Fair Value	$ 23,084,707	$ 23,740,374
Percentage of Total Portfolio	10.33%	10.79%

Investments - Schedule of Portf

Investments - Schedule of Portfolio Composition by Industry Grouping at Fair Value (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 223,404,283	$ 220,111,329
Percentage of Net Assets	100%	100%
Trading Companies & Distributors
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 38,219,681	$ 35,176,879
Percentage of Net Assets	17.11%	15.98%
Professional Services
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 25,728,030	$ 28,238,167
Percentage of Net Assets	11.52%	12.83%
IT Services
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 16,830,075	$ 23,576,450
Percentage of Net Assets	7.53%	10.71%
Internet & Direct Marketing Retail
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 8,907,439	$ 8,969,729
Percentage of Net Assets	3.99%	4.08%
Commercial Services And Supplies
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 13,493,554	$ 14,329,460
Percentage of Net Assets	6.04%	6.51%
Chemicals
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 7,527,189	$ 7,568,617
Percentage of Net Assets	3.37%	3.44%
Energy Equipment & Services
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 2,619,700	$ 2,700,036
Percentage of Net Assets	1.17%	1.23%
Software
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 13,736,438	$ 13,772,487
Percentage of Net Assets	6.15%	6.26%
Entertainment
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 7,600,000	$ 7,640,000
Percentage of Net Assets	3.40%	3.47%
Household Durables
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 7,766,091	$ 7,610,242
Percentage of Net Assets	3.48%	3.46%
Automobile Components
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 6,158,497	$ 7,261,275
Percentage of Net Assets	2.76%	3.30%
Consumer Staples Distribution & Retail
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 5,606,790	$ 6,061,396
Percentage of Net Assets	2.51%	2.75%
Containers & Packaging
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 13,558,591	$ 12,958,772
Percentage of Net Assets	6.07%	5.89%
Diversified Consumer Services
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 7,250,052	$ 7,268,500
Percentage of Net Assets	3.25%	3.30%
Hotels, Restaurants, and Leisure
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 7,171,656	$ 6,283,541
Percentage of Net Assets	3.21%	2.85%
Specialty Retail
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 5,059,875	$ 5,148,000
Percentage of Net Assets	2.26%	2.34%
Consumer Services
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 4,915,732
Percentage of Net Assets	2.20%
Machinery
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 8,967,989	$ 9,602,806
Percentage of Net Assets	4.01%	4.36%
Building Products
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 4,474,688	$ 4,511,719
Percentage of Net Assets	2%	2.05%
Food Products
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 4,005,000	$ 4,288,750
Percentage of Net Assets	1.79%	1.95%
Automotive Retail
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 4,017,057	$ 3,878,905
Percentage of Net Assets	1.80%	1.76%
Construction & Engineering
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 3,937,532
Percentage of Net Assets	1.76%
Paper Packaging
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 3,000,000
Percentage of Net Assets	1.34%
Electronic Equipment Instruments And Components
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 2,852,627	$ 3,265,598
Percentage of Net Assets	1.28%	1.48%

Investments - Schedule of Por_2

Investments - Schedule of Portfolio Composition by Geographic Grouping at Fair Value (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Investments at Fair Value	$ 223,404,283	$ 220,111,329
Percentage of Net Assets	100%	100%
U.S Northeast [Member]
Investments at Fair Value	$ 86,530,253	$ 94,658,227
Percentage of Net Assets	38.73%	43%
U.S. West [Member]
Investments at Fair Value	$ 48,391,784	$ 44,911,266
Percentage of Net Assets	21.66%	20.40%
U.S. Midwest [Member]
Investments at Fair Value	$ 27,364,696	$ 26,602,440
Percentage of Net Assets	12.25%	12.09%
U.S. Mid-Atlantic [Member]
Investments at Fair Value	$ 22,911,655	$ 17,721,607
Percentage of Net Assets	10.26%	8.05%
U.S. Southeast [Member]
Investments at Fair Value	$ 20,636,714	$ 20,803,349
Percentage of Net Assets	9.24%	9.45%
U.S. Southwest [Member]
Investments at Fair Value	$ 12,601,618	$ 10,367,607
Percentage of Net Assets	5.64%	4.71%
International [Member]
Investments at Fair Value	$ 4,967,563	$ 5,046,833
Percentage of Net Assets	2.22%	2.30%

Investments - Additional Inform

Investments - Additional Information (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Jun. 30, 2023
Schedule Of Investments [Line Items]
Investments	$ 223,404,283	$ 220,111,329
Deposit Contracts, Assets	$ 0	$ 0
Description Of Derivatives	The Derivatives Rule also contains exceptions to these conditions for any fund that limits its exposure to derivatives positions to 10 percent of its net assets.
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member]
Schedule Of Investments [Line Items]
Investments Transfer	$ 0
New Portfolio Companies [Member]
Schedule Of Investments [Line Items]
Investments	15,500,000
Previously Committed Companies [Member]
Schedule Of Investments [Line Items]
Investments	$ 700,000

Investments - Schedule of Fair

Investments - Schedule of Fair Value Measurements of Assets (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investments at Fair Value	$ 223,404,283	$ 220,111,329
Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investments at Fair Value	223,404,283	220,111,329	$ 239,177,561	$ 233,683,986
Senior Secured First Lien Debt Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investments at Fair Value	200,319,576	196,370,955
Senior Secured First Lien Debt Investments | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investments at Fair Value	200,319,576	196,370,955	219,533,195	214,858,036
Equity, Warrants and Other Investments
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investments at Fair Value	23,084,707	23,740,374
Equity, Warrants and Other Investments | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investments at Fair Value	$ 23,084,707	$ 23,740,374	$ 19,644,366	$ 18,825,950

Investments - Schedule of Recon

Investments - Schedule of Reconciliation of Investments Measured at Fair value on a recurring basis using Level 3 inputs (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investment Owned, at Fair Value, Beginning Balance	$ 220,111,329
Purchases (including PIK interest)	16,535,289	$ 22,147,855
Sales and repayments	10,317,357	16,476,699
Amortization	387,051	501,016
Net change in unrealized appreciation (depreciation)	(3,312,029)	(678,597)
Investment Owned, at Fair Value, Ending Balance	223,404,283
Senior Secured First Lien Debt Investments
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investment Owned, at Fair Value, Beginning Balance	196,370,955
Investment Owned, at Fair Value, Ending Balance	200,319,576
Equity, Warrants and Other Investments
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investment Owned, at Fair Value, Beginning Balance	23,740,374
Investment Owned, at Fair Value, Ending Balance	23,084,707
Level 3
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investment Owned, at Fair Value, Beginning Balance	220,111,329	233,683,986
Purchases (including PIK interest)	16,535,289	22,147,855
Sales and repayments	(10,317,357)	(16,476,699)
Amortization	387,051	501,016
Net change in unrealized appreciation (depreciation)	(3,312,029)	(678,597)
Investment Owned, at Fair Value, Ending Balance	223,404,283	239,177,561
Change in unrealized appreciation (depreciation) relating to assets	(3,312,028)	(570,935)
Level 3 | Senior Secured First Lien Debt Investments
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investment Owned, at Fair Value, Beginning Balance	196,370,955	214,858,036
Purchases (including PIK interest)	16,347,037	21,781,406
Sales and repayments	(10,317,357)	(16,476,699)
Amortization	387,051	501,016
Net change in unrealized appreciation (depreciation)	(2,468,110)	(1,130,564)
Investment Owned, at Fair Value, Ending Balance	200,319,576	219,533,195
Change in unrealized appreciation (depreciation) relating to assets	(2,468,109)	(1,022,903)
Level 3 | Equity, Warrants and Other Investments
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investment Owned, at Fair Value, Beginning Balance	23,740,374	18,825,950
Purchases (including PIK interest)	188,252	366,449
Net change in unrealized appreciation (depreciation)	(843,919)	451,967
Investment Owned, at Fair Value, Ending Balance	23,084,707	19,644,366
Change in unrealized appreciation (depreciation) relating to assets	$ (843,919)	$ 451,968

Investments - Schedule of Quant

Investments - Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs (Details) - Level 3	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)
Senior Secured First Lien Debt Investments | Measurement Input Market Yields | Valuation, Income Approach [Member]
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 167,661,231	$ 161,776,983
Senior Secured First Lien Debt Investments | Measurement Input Market Yields | Valuation, Income Approach [Member] | Weighted Average
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.134	0.133
Senior Secured First Lien Debt Investments | Measurement Input Market Yields | Valuation, Income Approach [Member] | Minimum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.099	0.101
Senior Secured First Lien Debt Investments | Measurement Input Market Yields | Valuation, Income Approach [Member] | Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.181	0.18
Senior Secured First Lien Debt Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 6,294,430	$ 13,895,260
Senior Secured First Lien Debt Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach | Weighted Average
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.053	0.173
Senior Secured First Lien Debt Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach | Minimum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.052	0.057
Senior Secured First Lien Debt Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach | Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.058	0.212
Senior Secured First Lien Debt Investments | Measurement Input, Revenue Multiple | Market Comparable Approach
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 2,418,108	$ 5,272,355
Senior Secured First Lien Debt Investments | Measurement Input, Revenue Multiple | Market Comparable Approach | Weighted Average
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.027	0.03
Senior Secured First Lien Debt Investments | Measurement Input, Revenue Multiple | Market Comparable Approach | Minimum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average		0.03
Senior Secured First Lien Debt Investments | Measurement Input, Revenue Multiple | Market Comparable Approach | Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.027	0.038
Senior Secured First Lien Debt Investments | Measurement Input Recent Transaction | Recent Transaction
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 14,853,263	$ 15,209,280
Senior Secured First Lien Debt Investments | Measurement Input Recovery Amount | Recovery Analysis
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	9,092,544	217,077
Equity, Warrants and Other Investments | Measurement Input Market Yields | Valuation, Income Approach [Member]
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 5,593,082	$ 4,824,752
Equity, Warrants and Other Investments | Measurement Input Market Yields | Valuation, Income Approach [Member] | Weighted Average
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.171	0.18
Equity, Warrants and Other Investments | Measurement Input Market Yields | Valuation, Income Approach [Member] | Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.171	0.18
Equity, Warrants and Other Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value	$ 17,491,625	$ 18,915,622
Equity, Warrants and Other Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach | Weighted Average
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.089	0.87
Equity, Warrants and Other Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach | Minimum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.047	0.57
Equity, Warrants and Other Investments | Measurement Input, EBITDA Multiple | Market Comparable Approach | Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average	0.219	2.42
Equity, Warrants and Other Investments | Measurement Input, Revenue Multiple | Market Comparable Approach
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Investments at Fair Value		$ 0
Equity, Warrants and Other Investments | Measurement Input, Revenue Multiple | Market Comparable Approach | Weighted Average
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average		0.003
Equity, Warrants and Other Investments | Measurement Input, Revenue Multiple | Market Comparable Approach | Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Weighted Average		0.003

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($)				3 Months Ended		12 Months Ended
	Nov. 18, 2022	Aug. 23, 2021	Mar. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 14, 2023
Debt Instrument [Line Items]
Revolving credit facility				$ 69,000,000		$ 71,900,000
Total borrowings				134,000,000
Redeemed principal amount				2,000
Capital One Revolving Finance
Debt Instrument [Line Items]
Debt instrument, maturity date		Aug. 22, 2026
Secured revolving credit facility		$ 115,000,000					$ 100,000,000
Debt outstanding amount				69,000,000		71,900,000
Reinvestment period		3 years
Amortization Period		2 years
Debt instrument, unused borrowing capacity, description	The Capital One Revolving Financing required the payment of an upfront fee of 1.125% ($1.3 million) of the available borrowings under the Capital One Revolving Financing at the closing, and requires the payment of an unused fee of (i) 0.75% annually for any undrawn amounts below 50% of the Capital One Revolving Financing, (ii) 0.50% annually for any undrawn amounts between 50% and 75% of the Capital One Revolving Financing, and (iii) 0.25% annually for any undrawn amounts above 75% of the Capital One Revolving Financing. Borrowings under the Capital One Revolving Financing are based on a borrowing base.
Accrued interest receivable				0		0
Capital One Revolving Finance | Level 3
Debt Instrument [Line Items]
Total borrowings				69,000,000		71,900,000
Capital One Revolving Finance | SPV LLC [Member]
Debt Instrument [Line Items]
Derivative, notional amount				200,000,000		194,000,000
Investments at Fair Value				185,500,000		181,500,000
Cash held by trustee				14,200,000		$ 8,100,000
Weighted average outstanding balance				$ 70,000,000	$ 81,900,000
Weighted average interest rate				7.75%	4.56%
Capital One Revolving Finance | SOFR
Debt Instrument [Line Items]
Borrowings interest rate spread (percent)	2.50%
Debt instrument, interest rate during period	2%
2026 Notes [Member]
Debt Instrument [Line Items]
Debt instrument, maturity date			Apr. 01, 2026
Debt instrument, interest rate during period				5.33%
Proceeds from initial public offering			$ 65,000,000
Debt instrument interest rate			4.875%
Payments for underwriting expense			$ 1,300,000
Proceeds from sale of notes			63,100,000
Offering expense			$ 215,000
Aggregate principal amount				$ 65,000,000
Debt instrument, interest rate, stated percentage			4.875%
Debt instrument, description of variable rate basis				(1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points; provided
Debt instrument, redemption price, percentage				100%
Redeemed principal amount				$ 64,800,000
2026 Notes [Member] | Minimum
Debt Instrument [Line Items]
Redemption notice period				30 days
2026 Notes [Member] | Maximum
Debt Instrument [Line Items]
Redemption notice period				60 days
2026 Notes [Member] | Level 3
Debt Instrument [Line Items]
Long-term debt, fair value				$ 58,200,000

Borrowings - Schedule of Debt M

Borrowings - Schedule of Debt Maturity (Details)	Sep. 30, 2023 USD ($)
Debt Disclosure [Abstract]
2024	$ 0
2025	0
2026	134,000,000
Total long-term debt	$ 134,000,000

Indemnification, Guarantees, _3

Indemnification, Guarantees, Commitments and Contingencies - Summary of Quarterly Distributions By Board Of Directors (Details)	3 Months Ended
	Sep. 30, 2023 $ / shares
Commitments and Contingencies Disclosure [Abstract]
Distributions Declared	Sep. 14, 2023
Distributions Ex-Date	Oct. 11, 2023
Distributions Record Date	Oct. 12, 2023
Distributions Pay Date	Nov. 02, 2023
Distributions Amount	$ 0.15

Indemnification, Guarantees, _4

Indemnification, Guarantees, Commitments and Contingencies - Summary of Unfunded Commitment (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 5,480,687	$ 5,670,894
Unfunded Commitment, Fair Value	0	0
1888 Industrial Services, LLC - Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	210,033	186,990
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Aug. 31, 2024	Aug. 31, 2024
Ameriquip, LLC – Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 967,742	$ 967,742
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Aug. 31, 2027	Aug. 31, 2027
Arborworks Acquisition LLC - Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 8,363	$ 554,947
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Nov. 09, 2026	Nov. 09, 2026
Archer Systems, LLC - Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 603,175	$ 603,175
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Aug. 11, 2027	Aug. 11, 2027
Evergreen North America Acquisitions, LLC - Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 276,064	$ 276,064
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Aug. 13, 2026	Aug. 13, 2026
Flatworld Intermediate Corporation Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 567,568	$ 567,567
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Oct. 01, 2027	Oct. 01, 2027
NWN Parent Holdings LLC - Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 1,200,000	$ 800,000
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	May 07, 2026	May 07, 2026
South Coast Terminals LLC – Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 967,742	$ 967,742
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Dec. 10, 2026	Dec. 10, 2026
Xenon Arc, Inc. – Revolver
Loss Contingencies [Line Items]
Unfunded Commitment, Amount	$ 680,000	$ 746,667
Unfunded Commitment, Fair Value	$ 0	$ 0
Unfunded Commitment, Annual Non-use Fee	0.50%	0.50%
Unfunded Commitment, Expiration Date	Dec. 17, 2026	Dec. 17, 2026

Agreements and Related Party _2

Agreements and Related Party Transactions- Additional Information (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 26, 2019
Related Party Transaction [Line Items]
Base management fees	$ 978,919	$ 1,103,981
Base management fees payable	1,798,508		$ 906,218
Income-based incentive fees payable	576,023		576,023
Incurred costs	$ 263,375	375,900
Advisory Agreement
Related Party Transaction [Line Items]
Annual rate	1.75%
Base management fees	$ 978,919	1,103,981
Management fee expense voluntarily waived	86,630	94,146
Base management fees payable	$ 1,798,508		906,218
Deferral non cash amount percentage	20%
Annualized rate of return	10%
Pre investment fee hurdle rate	2%
Pre investment fee net investment income	100%
Pre-incentive fee net investment income	20%
Income based fee		0
Income-based incentive fees payable	$ 576,023
Cumulative net increase	20%
Income based fee from deferred interest	$ 201,817		201,817
Additional income based fees	2.50%
Deferred income based fees written off, percentage	2.50%
Deferred income based fees written off		$ 147,145
Percentage of cumulative aggregate capital gains	20%
Capital gain fees	$ 0		0
Adviser Interest	17%
Ownership interest in adviser	83%
Advisory Agreement | Minimum
Related Party Transaction [Line Items]
Net asset attributable to common stock	2%
Advisory Agreement | Maximum
Related Party Transaction [Line Items]
Annualized rate of return	8%
Administration Agreement
Related Party Transaction [Line Items]
Accrued expenses and other liabilities	$ 0		$ 0
Stock Purchase Agreement
Related Party Transaction [Line Items]
Newly issued shares of common stock				680,985
Open market or secondary transactions shares of common stock				680,985

Directors Fees - Additional Inf

Directors Fees - Additional Information (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Directors' fees	$ 73,375	$ 75,625
Directors' fees payable	5,130		$ 15,755
Board of Directors Chairman
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Reimbursement expense	1,000
Independent Director
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Annual fees	75,000
Reimbursement expense	2,500
Chair Person Of Audit Committee
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Annual fees	7,500
Valuation Committee
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Annual fees	2,500
Nominating And Corporate Governance Committee
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Annual fees	2,500
Compensation Committee
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Annual fees	$ 2,500

Net Change in Net Assets Resu_3

Net Change in Net Assets Resulting from Operations Per Share - Schedule of Computation of the Weighted Average basic and Diluted Net Assets Per Share from Operations (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share, Basic [Abstract]
Net increase (decrease) in net assets resulting from operations	$ (1,684,362)	$ 1,657,507
Weighted average shares of common stock outstanding - Basic	14,392,714	14,386,809
Weighted average shares of common stock outstanding - Diluted	14,392,714	14,386,809
Basic net increase (decrease) in net assets from operations per share	$ (0.12)	$ 0.12
Diluted net increase (decrease) in net assets from operations per share	$ (0.12)	$ 0.12

Net Change in Net Assets Resu_4

Net Change in Net Assets Resulting from Operations Per Share - Additional Information (Details) - USD ($)		3 Months Ended
	Sep. 03, 2021	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Earnings Per Share [Abstract]
Issuance of common shares	453,985	0	0
Common stock, par value	$ 0.001	$ 0.001		$ 0.001
Shares offering, price per share	$ 6.92
Issuance of common shares ($0 and $0, respectively)	$ 3,141,576	$ 0	$ 0

Distributions - Schedule of Dis

Distributions - Schedule of Distributions Declared on Shares of Common Stock (Details)	3 Months Ended
	Sep. 30, 2023 $ / shares
Declared On March 14, 2014 [Member]
Dividends Payable [Line Items]
Declaration date	Mar. 14, 2014
Record date	Mar. 24, 2014
Payment date	Mar. 31, 2014
Amount per share	$ 0.1812
Declared On May 14, 2014 [Member]
Dividends Payable [Line Items]
Declaration date	May 14, 2014
Record date	Jun. 16, 2014
Payment date	Jul. 01, 2014
Amount per share	$ 0.3375
Declared On September 4, 2014 [Member]
Dividends Payable [Line Items]
Declaration date	Sep. 04, 2014
Record date	Sep. 18, 2014
Payment date	Oct. 01, 2014
Amount per share	$ 0.3375
Declared on November 6, 2014 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 06, 2014
Record date	Dec. 18, 2014
Payment date	Jan. 05, 2015
Amount per share	$ 0.3375
Declared On January 28, 2015 [Member]
Dividends Payable [Line Items]
Declaration date	Jan. 28, 2015
Record date	Mar. 18, 2015
Payment date	Apr. 02, 2015
Amount per share	$ 0.3469
Declared On May 6, 2015 [Member]
Dividends Payable [Line Items]
Declaration date	May 06, 2015
Record date	Jun. 08, 2015
Payment date	Jul. 05, 2015
Amount per share	$ 0.3469
Declared On June 10, 2015 Special Distribution [Member]
Dividends Payable [Line Items]
Declaration date	Jun. 10, 2015	[1]
Record date	Sep. 01, 2015	[1]
Payment date	Sep. 15, 2015	[1]
Amount per share	$ 0.43	[1]
Declared On June 10, 2015 [Member]
Dividends Payable [Line Items]
Declaration date	Jun. 10, 2015
Record date	Sep. 18, 2015
Payment date	Oct. 02, 2015
Amount per share	$ 0.3469
Declared On November 3, 2015 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 03, 2015
Record date	Dec. 18, 2015
Payment date	Jan. 05, 2016
Amount per share	$ 0.3469
Declared On February 2, 2016 [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 02, 2016
Record date	Mar. 18, 2016
Payment date	Apr. 07, 2016
Amount per share	$ 0.3516
Declared On April 28, 2016 [Member]
Dividends Payable [Line Items]
Declaration date	Apr. 28, 2016
Record date	Jun. 17, 2016
Payment date	Jul. 07, 2016
Amount per share	$ 0.3516
Declared On August 25, 2016 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 25, 2016
Record date	Sep. 16, 2016
Payment date	Oct. 06, 2016
Amount per share	$ 0.3516
Declared On November 3, 2016 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 03, 2016
Record date	Dec. 16, 2016
Payment date	Jan. 05, 2017
Amount per share	$ 0.3516
Declared On November 3, 2016 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 03, 2016
Record date	Mar. 17, 2017
Payment date	Apr. 06, 2017
Amount per share	$ 0.25
Declared On May 2, 2017 [Member]
Dividends Payable [Line Items]
Declaration date	May 02, 2017
Record date	Jun. 16, 2017
Payment date	Jul. 06, 2017
Amount per share	$ 0.25
Declared On August 24, 2017 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 24, 2017
Record date	Sep. 08, 2017
Payment date	Oct. 05, 2017
Amount per share	$ 0.25
Declared On November 7, 2017 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 07, 2017
Record date	Mar. 16, 2018
Payment date	Apr. 05, 2018
Amount per share	$ 0.25
Declared On May 2, 2018 [Member]
Dividends Payable [Line Items]
Declaration date	May 02, 2018
Record date	Jun. 15, 2018
Payment date	Jul. 05, 2018
Amount per share	$ 0.25
Declared On August 23, 2018 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 23, 2018
Record date	Sep. 18, 2018
Payment date	Oct. 05, 2018
Amount per share	$ 0.25
Declared On November 6, 2018 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 06, 2018
Record date	Dec. 14, 2018
Payment date	Jan. 03, 2019
Amount per share	$ 0.25
Declared On February 5, 2019 [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 05, 2019
Record date	Mar. 15, 2019
Payment date	Apr. 04, 2019
Amount per share	$ 0.25
Declared On May 1, 2019 [Member]
Dividends Payable [Line Items]
Declaration date	May 01, 2019
Record date	Jun. 14, 2019
Payment date	Jul. 05, 2019
Amount per share	$ 0.25
Declared On August 28, 2019 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 28, 2019
Record date	Sep. 26, 2019
Payment date	Oct. 16, 2019
Amount per share	$ 0.25
Declared On November 6, 2019 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 06, 2019
Record date	Dec. 13, 2019
Payment date	Jan. 02, 2020
Amount per share	$ 0.25
Declared On February 4, 2020 [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 04, 2020
Record date	Mar. 13, 2020
Payment date	Apr. 02, 2020
Amount per share	$ 0.25
Declared On May 7, 2020 [Member]
Dividends Payable [Line Items]
Declaration date	May 07, 2020
Record date	Jun. 19, 2020
Payment date	Jul. 10, 2020
Amount per share	$ 0.15
Declared On May 7, 2020 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	May 07, 2020	[2]
Record date	Jun. 19, 2020	[2]
Payment date	Jul. 10, 2020	[2]
Amount per share	$ 0.03	[2]
Declared On August 26, 2020 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 26, 2020
Record date	Sep. 25, 2020
Payment date	Oct. 15, 2020
Amount per share	$ 0.15
Declared On August 26, 2020 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 26, 2020	[2]
Record date	Sep. 25, 2020	[2]
Payment date	Oct. 15, 2020	[2]
Amount per share	$ 0.03	[2]
Declared On November 3, 2020 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 03, 2020
Record date	Dec. 10, 2020
Payment date	Jan. 04, 2021
Amount per share	$ 0.15
Declared On November 3, 2020 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 03, 2020	[2]
Record date	Dec. 10, 2020	[2]
Payment date	Jan. 04, 2021	[2]
Amount per share	$ 0.03	[2]
Declared On February 3, 2021 [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 03, 2021
Record date	Mar. 12, 2021
Payment date	Apr. 01, 2021
Amount per share	$ 0.15
Declared On February 3, 2021 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 03, 2021	[2]
Record date	Mar. 12, 2021	[2]
Payment date	Apr. 01, 2021	[2]
Amount per share	$ 0.03	[2]
Declared On May 6, 2021 [Member]
Dividends Payable [Line Items]
Declaration date	May 06, 2021
Record date	Jun. 18, 2021
Payment date	Jul. 09, 2021
Amount per share	$ 0.15
Declared On August 25, 2021 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 25, 2021
Record date	Sep. 24, 2021
Payment date	Oct. 14, 2021
Amount per share	$ 0.15
Declared On November 3, 2021 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 03, 2021
Record date	Dec. 10, 2021
Payment date	Jan. 04, 2022
Amount per share	$ 0.15
Declared On February 3, 2022 [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 03, 2022
Record date	Mar. 11, 2022
Payment date	Mar. 31, 2022
Amount per share	$ 0.15
Declared On May 5, 2022 [Member]
Dividends Payable [Line Items]
Declaration date	May 05, 2022
Record date	Jun. 17, 2022
Payment date	Jul. 08, 2022
Amount per share	$ 0.15
Declared On August 25, 2022 [Member]
Dividends Payable [Line Items]
Declaration date	Aug. 25, 2022
Record date	Sep. 23, 2022
Payment date	Oct. 14, 2022
Amount per share	$ 0.15
Declared on November 11, 2022 [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 11, 2022
Record date	Dec. 16, 2022
Payment date	Jan. 10, 2023
Amount per share	$ 0.13
Declared On November 11, 2022 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	Nov. 11, 2022	[2]
Record date	Dec. 16, 2022	[2]
Payment date	Jan. 10, 2023	[2]
Amount per share	$ 0.02	[2]
Declared On February 2, 2023 [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 02, 2023
Record date	Mar. 10, 2023
Payment date	Mar. 30, 2023
Amount per share	$ 0.13
Declared On February 2, 2023 Supplemental distribution [Member]
Dividends Payable [Line Items]
Declaration date	Feb. 02, 2023	[2]
Record date	Mar. 10, 2023	[2]
Payment date	Mar. 30, 2023	[2]
Amount per share	$ 0.02	[2]
Declared On May 4, 2023 [Member]
Dividends Payable [Line Items]
Declaration date	May 04, 2023
Record date	Jun. 16, 2023
Payment date	Jul. 07, 2023
Amount per share	$ 0.13
Declared On May 4, 2023 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	May 04, 2023	[2]
Record date	Jun. 16, 2023	[2]
Payment date	Jul. 07, 2023	[2]
Amount per share	$ 0.05	[2]
Declared On September 14, 2023 [Member]
Dividends Payable [Line Items]
Declaration date	Sep. 14, 2023
Record date	Oct. 12, 2023
Payment date	Nov. 02, 2023
Amount per share	$ 0.13
Declared On September 14, 2023 Supplemental Distribution [Member]
Dividends Payable [Line Items]
Declaration date	Sep. 14, 2023	[2]
Record date	Oct. 12, 2023	[2]
Payment date	Nov. 02, 2023	[2]
Amount per share	$ 0.02	[2]
[1] # Special distribution * Supplemental distribution

Distributions - Schedule of Cas

Distributions - Schedule of Cash Dividend Distribution (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Distribution To Shareholders [Line Items]
Distributions	$ 2,158,926	$ 2,158,042
Percentage	100%	100%
Ordinary Income And Short-term Capital Gains [Member]
Distribution To Shareholders [Line Items]
Distributions	$ 2,158,926	$ 2,158,042
Percentage	100%	100%
Long-term Capital Gains [Member]
Distribution To Shareholders [Line Items]
Distributions	$ 0	$ 0
Percentage	0%	0%

Share Transactions - Summary Of

Share Transactions - Summary Of Shares Issued (Details) - USD ($)		3 Months Ended
	Sep. 03, 2021	Sep. 30, 2023	Sep. 30, 2022
Balance at beginning of period, Shares		14,391,775
Issuance of common shares	453,985	0	0
Balance at end of period, Shares		14,392,841
Balance at beginning of period, Value		$ 14,392
Issuance of common shares ($0 and $0, respectively)	$ 3,141,576	0	$ 0
Reinvestments of stockholder distributions, Value		3,797	$ 4,763
Balance at end of period, Value		$ 14,393
Share Transaction [Member]
Balance at beginning of period, Shares		14,391,775	14,385,810
Issuance of common shares		0	0
Reinvestments of stockholder distributions, Shares		1,066	1,135
Balance at end of period, Shares		14,392,841	14,386,945
Balance at beginning of period, Value		$ 205,812,251	$ 205,790,502
Issuance of common shares ($0 and $0, respectively)		0	0
Reinvestments of stockholder distributions, Value		3,797	4,763
Balance at end of period, Value		$ 205,816,048	$ 205,795,265

Financial Highlights - Schedule

Financial Highlights - Schedule of Financial Highlights (Details) - USD ($)		3 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investment Company [Abstract]
Net Asset Value Per Share, Beginning Balance	[1]	$ 6.09	$ 6.5
Net investment income	[1]	0.11	0.16
Net realized and unrealized gains (losses)	[1]	(0.22)	(0.04)
Net increase (decrease) in net assets resulting from operations	[1]	(0.11)	0.12
Dividends from net investment income	[1],[2]	(0.15)	(0.15)
Distributions from net realized gains	[1],[2]	0	0
Net decrease in net assets resulting from capital transactions	[1],[2]	(0.15)	(0.15)
Offering costs	[1],[2]	0	0
Net Asset Value Per Share, Ending Balance	[1],[2]	5.83	6.47
Market value per share, end of period	[2]	$ 3.99	$ 3.58
Total return based on market value(3)(4)	[3],[4]	(15.05%)	(11.94%)
Shares outstanding at end of period		14,392,841	14,386,945
Net assets, at end of year		$ 83,860,817	$ 93,013,620	$ 87,700,308	$ 93,509,392
Ratio of total expenses to average net assets(5)	[5]	20.67%	17.30%
Ratio of net expenses to average net assets(5)	[5]	20.26%	16.90%
Ratio of interest expense and fees and amortization of deferred debt issuance costs to average net assets(5)	[5]	11.33%	8.38%
Ratio of net investment income before fee waiver to average net assets(5)	[5]	8.13%	10.37%
Ratio of net investment income after fee waiver to average net assets(5)	[5]	7.72%	9.96%
Total Borrowings		$ 134,000,000	$ 154,500,000
Asset Coverage Ratio(6)	[6]	1.63%	1.60%
Portfolio Turnover Rate(4)	[3]	5%	7%
[1] All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period. Not annualized. Total returns are historical and are calculated by determining the percentage change in the market value with all dividends distributions, if any, reinvested. Dividends and distributions are assumed to be reinvested at prices obtained under the company’s dividend reinvestment plan. Total investment return does not reflect sales load. Annualized. Asset coverage ratio is equal to (i) the sum of (A) net assets at the end of the period and (B) debt outstanding at the end of the period, divided by (ii) total debt outstanding at the end of the period.

Other Fee Income - Schedule of

Other Fee Income - Schedule of Other Fee Income (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Other Income and Expenses [Abstract]
Loan Amendment/Consent Fee	$ 51,904	$ 60,338
Prepayment Fee Income	87,158	187,720
Facility Fee	4,924	113,792
Other Fee Income	$ 143,986	$ 361,850

Tax Information - Schedule Of A

Tax Information - Schedule Of Aggregate Investment unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Tax cost	$ 249,731,637	$ 243,126,654
Gross unrealized appreciation	7,592,020	7,371,220
Gross unrealized depreciation	(33,919,374)	(30,386,545)
Net unrealized investment depreciation	$ (26,327,354)	$ (23,015,325)

Subsequent Events - Additional

Subsequent Events - Additional Information (Details)		1 Months Ended
	Nov. 09, 2023 $ / shares	Nov. 13, 2023 USD ($) Company	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)
Dividends Payable [Line Items]
Affiliated investment at amortized cost | $			$ 23,940,980	$ 23,979,565
Subsequent Event [Member]
Dividends Payable [Line Items]
Affiliated investment at amortized cost | $		$ 10,600,000
Number Of New Portfolio Company | Company		3
Declaration date	Nov. 09, 2023
Amount per share | $ / shares	$ 0.12
Payment date	Jan. 08, 2024
Record date	Dec. 14, 2023
Subsequent Event [Member] | Supplemental Distribution [Member]
Dividends Payable [Line Items]
Amount per share | $ / shares	$ 0.03
Payment date	Jan. 08, 2024
Record date	Dec. 14, 2023