New Mountain Guardian III BDC, L.L.C. 10-Q 14 Nov 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2023	Nov. 14, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	000-56072
Entity Registrant Name	New Mountain Guardian III BDC, L.L.C.
Entity Address, Address Line One	1633 Broadway, 48th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10019
City Area Code	212
Local Phone Number	720-0300
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1918127
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		114,906,527
Entity Central Index Key	0001781870
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3

Consolidated Statements of Asse

Consolidated Statements of Assets, Liabilities and Members' Capital - USD ($) $ in Thousands	Sep. 30, 2023		Dec. 31, 2022
Assets
Non-controlled/non-affiliated investments at fair value (cost of $2,098,205 and $2,107,206 respectively)	$ 2,062,830	[1]	$ 2,053,939	[2]
Cash and cash equivalents	81,543		28,266
Interest and dividend receivable	16,737		12,684
Deferred tax asset	353		0
Other assets	1,744		312
Total assets	2,163,207		2,095,201
Borrowings
Wells Credit Facility	728,000		685,600
Unsecured Notes	275,000		275,000
Deferred financing costs (net of accumulated amortization of $5,277 and $3,577 respectively)	(3,594)		(5,241)
Net borrowings	999,406		955,359
Distribution payable	35,621		28,956
Interest payable	6,979		8,472
Incentive fee payable	6,468		5,501
Management fee payable	3,299		3,301
Deferred tax liability	0		333
Total liabilities	1,054,311		1,003,776
Commitments and contingencies (See Note 8)
Members' Capital
Common units, 114,906,527 and 114,906,527 units issued and outstanding, respectively	1,145,376		1,145,376
Accumulated overdistributed earnings	(36,480)		(53,951)
Total members' capital	1,108,896		1,091,425
Total liabilities and members' capital	$ 2,163,207		$ 2,095,201
Members' capital per unit (in dollars per share)	$ 9.65		$ 9.50
Payable to affiliate
Borrowings
Payable to affiliates/ Other liabilities	$ 486		$ 313
Other liabilities
Borrowings
Payable to affiliates/ Other liabilities	$ 2,052		$ 1,541
[1]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[2]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.

Consolidated Statements of As_2

Consolidated Statements of Assets, Liabilities and Members' Capital (Parenthetical) - USD ($)	Sep. 30, 2023		Dec. 31, 2022
Statement of Financial Position [Abstract]
Investments, cost	$ 2,098,205,000	[1]	$ 2,107,206,000	[2]
Deferred financing costs, accumulated amortization	$ 5,277,000		$ 3,577,000
Common units, units issued (in shares)	114,906,527		114,906,527
Common units, units outstanding (in shares)	114,906,527		114,906,527
[1]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[2]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investment income
Interest income (excluding Payment-in-kind ("PIK") interest income)	$ 58,430	$ 42,089	$ 166,679	$ 103,104
PIK interest income	3,036	2,144	8,427	5,498
Dividend income	2,482	2,200	7,206	5,886
Fee income	510	1,288	1,889	6,887
Total investment income	64,458	47,721	184,201	121,375
Expenses
Interest and other financing expenses	18,002	10,908	48,989	24,363
Incentive fee	6,468	4,869	18,058	12,619
Management fee	3,299	3,301	9,897	9,906
Administrative expenses	817	661	2,197	2,012
Professional fees	540	298	1,592	1,079
Other general and administrative expenses	78	99	311	200
Total expenses	29,204	20,136	81,044	50,179
Less: management fees waived (See Note 5)	0	(5)	0	(270)
Net expenses	29,204	20,131	81,044	49,909
Net investment income before income taxes	35,254	27,590	103,157	71,466
Income tax (benefit) expense	(1,402)	(5)	813	(54)
Net investment income	36,656	27,595	102,344	71,520
Net realized gains (losses) on investments	(9)	(600)	(610)	(600)
Net change in unrealized appreciation (depreciation) of investments	9,652	(18,445)	17,892	(34,973)
Benefit (provision) for taxes	833	97	686	(59)
Net realized and unrealized gains (losses)	10,476	(18,948)	17,968	(35,632)
Net increase in members' capital resulting from operations	$ 47,132	$ 8,647	$ 120,312	$ 35,888
Earnings per unit - basic (in dollars per share)	$ 0.41	$ 0.08	$ 1.05	$ 0.33
Earnings per unit - diluted (in dollars per share)	$ 0.41	$ 0.08	$ 1.05	$ 0.33
Weighted average common units outstanding - basic (in shares)	114,906,527	114,906,527	114,906,527	108,003,717
Weighted average common units outstanding - diluted (in shares)	114,906,527	114,906,527	114,906,527	108,003,717

Consolidated Statements of Chan

Consolidated Statements of Changes in Members' Capital - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Increase in members' capital resulting from operations:
Net investment income	$ 36,656	$ 27,595	$ 102,344	$ 71,520
Net realized gains (losses) on investments	(9)	(600)	(610)	(600)
Net change in unrealized appreciation (depreciation) of investments	9,652	(18,445)	17,892	(34,973)
Benefit (provision) for taxes	833	97	686	(59)
Net increase in members' capital resulting from operations	47,132	8,647	120,312	35,888
Capital transactions
Contributions	0	0	0	229,812
Placement fees	0	(5)	0	(270)
Distributions declared to unitholders from net investment income	(35,621)	(27,577)	(102,841)	(73,310)
Total net (decrease) increase in members' capital resulting from capital transactions	(35,621)	(27,582)	(102,841)	156,232
Net increase (decrease) in members' capital	11,511	(18,935)	17,471	192,120
Members' capital at the beginning of the period	1,097,385	1,125,334	1,091,425	914,279
Members' capital at the end of the period	$ 1,108,896	$ 1,106,399	$ 1,108,896	$ 1,106,399
Capital unit activity
Units issued (in shares)	0	0	0	22,981,305

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities
Net increase in members' capital resulting from operations	$ 120,312	$ 35,888
Adjustments to reconcile net increase in members' capital resulting from operations to net cash used in operating activities:
Net realized losses on investments	610	600
Net change in unrealized (appreciation) depreciation of investments	(17,892)	34,973
Amortization of purchase discount	(2,724)	(2,658)
Amortization of deferred financing costs	1,699	1,533
Non-cash investment income	(13,750)	(8,766)
(Increase) decrease in operating assets:
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities	35	285
Interest and dividend receivable	(4,053)	(3,855)
Deferred tax asset	(353)	0
Other assets	(1,432)	429
Increase (decrease) in operating liabilities:
Payable for unsettled securities purchased	0	(77,704)
Interest payable	(1,493)	1,926
Incentive fee payable	967	1,542
Management fee payable	(2)	926
Deferred tax liability	(333)	59
Payable to affiliates	173	43
Other liabilities	459	154
Net cash flows provided by (used in) operating activities	107,054	(370,896)
Cash flows from financing activities
Distributions	(96,177)	(65,210)
Net proceeds from issuance of common units	0	229,812
Proceeds from Unsecured Notes	0	100,000
Placement fees paid	0	(270)
Deferred financing costs paid	0	(1,797)
Net cash flows (used in) provided by financing activities	(53,777)	372,535
Net increase (decrease) in cash and cash equivalents	53,277	1,639
Cash and cash equivalents at the beginning of the period	28,266	24,121
Cash and cash equivalents at the end of the period	81,543	25,760
Supplemental disclosure of cash flow information
Cash interest paid	48,429	20,491
Income taxes paid	2,173	92
Non-cash financing activities:
Distributions declared and payable	35,621	27,577
Accrual for deferred financing costs	52	3
Investments including delayed draw facilities
(Increase) decrease in operating assets:
Cash paid for purchase of investments	(50,743)	(506,000)
Investments excluding drawn revolvers
(Increase) decrease in operating assets:
Proceeds from sales and paydowns/ repayments of investments	77,843	151,826
Drawn revolving credit facilities
(Increase) decrease in operating assets:
Cash paid for purchase of investments	0	(142)
Drawn revolvers
(Increase) decrease in operating assets:
Cash paid for purchase of investments	(35,482)	(33,221)
Proceeds from sales and paydowns/ repayments of investments	33,213	31,266
BMO Subscription Line
Cash flows from financing activities
Proceeds from Subscription Line/ Credit Facility	0	63,000
Repayments of Subscription Line/ Credit Facility	0	(155,000)
Wells Credit Facility
Cash flows from financing activities
Proceeds from Subscription Line/ Credit Facility	223,400	478,500
Repayments of Subscription Line/ Credit Facility	$ (181,000)	$ (276,500)

Consolidated Schedule of Invest

Consolidated Schedule of Investments - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
		Mar. 31, 2023	Sep. 30, 2023		Dec. 31, 2022
Cost			$ 2,098,205	[1]	$ 2,107,206	[2]
Fair Value			$ 2,062,830	[1]	$ 2,053,939	[2]
Percent of Net Assets			186.02%	[1]	188.19%	[2]
Percent of Total Investments at Fair Value		100%	100%
Software
Cost			$ 773,394		$ 787,131
Fair Value			$ 766,717		775,032
Software | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		37.73%	37.17%
Business Services
Cost			$ 445,626		434,189
Fair Value			$ 442,457		423,595
Business Services | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		20.62%	21.45%
Healthcare
Cost			$ 417,651		415,568
Fair Value			$ 399,923		397,762
Healthcare | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		19.37%	19.39%
Consumer Services
Cost			$ 127,841		118,853
Fair Value			$ 126,392		116,931
Consumer Services | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		5.70%	6.13%
Financial Services
Cost			$ 82,722		100,638
Fair Value			$ 82,813		98,801
Financial Services | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		4.81%	4.01%
Distribution & Logistics
Cost			$ 83,651		83,210
Fair Value			$ 81,475		80,165
Distribution & Logistics | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		3.90%	3.95%
Consumer Products
Cost			$ 44,479		45,138
Fair Value			$ 40,793		44,607
Consumer Products | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		2.17%	1.98%
Education
Cost			$ 35,991		35,968
Fair Value			$ 35,502		34,249
Education | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		1.67%	1.72%
Information Technology
Cost			$ 32,531		32,501
Fair Value			$ 32,801		32,233
Information Technology | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		1.57%	1.59%
Packaging
Cost			$ 29,210		29,392
Fair Value			$ 29,048		28,793
Packaging | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		1.40%	1.41%
Specialty Chemicals & Materials
Cost			$ 19,067		18,628
Fair Value			$ 18,661		17,715
Specialty Chemicals & Materials | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		0.86%	0.90%
Business Products
Cost			$ 6,042		5,990
Fair Value			$ 6,248		4,056
Business Products | Investments at fair value | Industry Type
Percent of Total Investments at Fair Value		0.20%	0.30%
Funded Debt Investments
Principal Amount, Par Value			$ 2,015,952	[1],[3]	2,032,994	[2]
Cost			2,002,979	[1],[3]	2,017,736	[2]
Fair Value			$ 1,971,724	[1],[3]	$ 1,969,769	[2]
Percent of Net Assets			177.81%	[1],[3]	180.47%	[2]
Funded Debt Investments | United States
Principal Amount, Par Value			$ 1,925,602	[1]	$ 1,942,644	[2]
Cost			1,913,180	[1]	1,927,998	[2]
Fair Value			$ 1,881,897	[1]	$ 1,880,978	[2]
Percent of Net Assets			169.71%	[1]	172.33%	[2]
Funded Debt Investments | United Kingdom
Principal Amount, Par Value			$ 45,549	[1],[3]	$ 45,549	[2]
Cost			45,251	[1],[3]	45,217	[2]
Fair Value			$ 45,279	[1],[3]	$ 44,982	[2]
Percent of Net Assets			4.08%	[1],[3]	4.12%	[2]
Funded Debt Investments | Netherlands
Principal Amount, Par Value			$ 32,801	[1],[3]	$ 32,801	[2]
Cost			32,548	[1],[3]	32,521	[2]
Fair Value			$ 32,801	[1],[3]	$ 32,273	[2]
Percent of Net Assets			2.96%	[1],[3]	2.96%	[2]
Funded Debt Investments | Canada
Principal Amount, Par Value			$ 12,000	[1]	$ 12,000	[2]
Cost			12,000	[1]	12,000	[2]
Fair Value			$ 11,747	[1]	$ 11,536	[2]
Percent of Net Assets			1.06%	[1]	1.06%	[2]
Equity
Cost			$ 95,829	[1]	$ 90,143	[2]
Fair Value			$ 92,859	[1]	$ 88,490	[2]
Percent of Net Assets			8.37%	[1]	8.11%	[2]
Equity | United States
Cost			$ 95,829	[1]	$ 90,143	[2]
Fair Value			$ 92,859	[1]	$ 88,490	[2]
Percent of Net Assets			8.37%	[1]	8.11%	[2]
Unfunded Debt Investments
Principal Amount, Par Value			$ 160,045	[1]	$ 234,510	[2]
Cost			(603)	[1]	(673)	[2]
Fair Value			$ (1,753)	[1]	$ (4,320)	[2]
Percent of Net Assets			(0.16%)	[1]	(0.39%)	[2]
Unfunded Debt Investments | United States
Principal Amount, Par Value			$ 157,585	[1]	$ 232,050	[2]
Cost			(586)	[1]	(653)	[2]
Fair Value			$ (1,753)	[1]	$ (4,280)	[2]
Percent of Net Assets			(0.16%)	[1]	(0.39%)	[2]
Unfunded Debt Investments | Netherlands
Principal Amount, Par Value			$ 2,460	[1],[3]	$ 2,460	[2]
Cost			(17)	[1],[3]	(20)	[2]
Fair Value			$ 0	[1],[3]	$ (40)	[2]
Percent of Net Assets			0%	[1],[3]	(0.00%)	[2]
Funded Investments
Cost			$ 2,098,808	[1]	$ 2,107,879	[2]
Fair Value			$ 2,064,583	[1]	$ 2,058,259	[2]
Percent of Net Assets			186.18%	[1]	188.58%	[2]
First lien
Cost			$ 1,627,756		$ 1,609,747
Fair Value			$ 1,611,873		1,586,875
First lien | Investments at fair value | Investment Type
Percent of Total Investments at Fair Value		77.26%	78.14%
Second lien
Cost			$ 339,062		376,051
Fair Value			$ 322,891		347,952
Second lien | Investments at fair value | Investment Type
Percent of Total Investments at Fair Value		16.94%	15.65%
Subordinated
Cost			$ 35,558		31,265
Fair Value			$ 35,207		30,622
Subordinated | Investments at fair value | Investment Type
Percent of Total Investments at Fair Value		1.49%	1.71%
Equity and other
Cost			$ 95,829		90,143
Fair Value			$ 92,859		88,490
Equity and other | Investments at fair value | Investment Type
Percent of Total Investments at Fair Value		4.31%	4.50%
Floating rates | Investments at fair value | Interest Rate Type
Percent of Total Investments at Fair Value		95.44%	95.07%
Fixed rates | Investments at fair value | Interest Rate Type
Percent of Total Investments at Fair Value		4.56%	4.93%
Recorded Future, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 55,034	[1]	55,455	[2]
Cost			54,883	[1]	55,244	[2]
Fair Value			$ 55,034	[1]	$ 54,989	[2]
Percent of Net Assets			4.96%	[1]	5.04%	[2]
GS Acquisitionco, Inc | Funded Debt Investments
Principal Amount, Par Value			$ 52,994	[1]	$ 53,406	[2]
Cost			52,870	[1]	53,252	[2]
Fair Value			$ 52,994	[1]	$ 52,932	[2]
Percent of Net Assets			4.78%	[1]	4.85%	[2]
AAH Topco, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 50,030	[1]	$ 41,760	[2]
Cost			49,624	[1]	41,364	[2]
Fair Value			$ 48,897	[1]	$ 40,872	[2]
Percent of Net Assets			4.41%	[1]	3.74%	[2]
AAH Topco, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 6,310	[1]	$ 13,883	[2]
Cost			(17)	[1]	(20)	[2]
Fair Value			$ (76)	[1]	$ (172)	[2]
Percent of Net Assets			(0.01%)	[1]	(0.02%)	[2]
OA Buyer, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 48,893	[1]	$ 49,265	[2]
Cost			48,501	[1]	48,829	[2]
Fair Value			$ 48,893	[1]	$ 48,866	[2]
Percent of Net Assets			4.41%	[1]	4.48%	[2]
Wealth Enhancement Group, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 47,832	[1]	$ 44,836	[2]
Cost			47,651	[1]	44,684	[2]
Fair Value			$ 47,782	[1]	$ 44,550	[2]
Percent of Net Assets			4.31%	[1]	4.08%	[2]
Al Altius US Bidco, Inc. | Funded Debt Investments
Principal Amount, Par Value	[1]		$ 47,800
Cost	[1]		47,419
Fair Value	[1]		$ 47,455
Percent of Net Assets	[1]		4.28%
KWOR Acquisition, Inc. | Funded Debt Investments
Principal Amount, Par Value	[1]		$ 43,397
Cost	[1]		43,144
Fair Value	[1]		$ 43,397
Percent of Net Assets	[1]		3.91%
CCBlue Bidco, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 43,844	[1]	$ 43,256	[2]
Cost			43,528	[1]	42,888	[2]
Fair Value			$ 41,828	[1]	$ 42,391	[2]
Percent of Net Assets			3.77%	[1]	3.88%	[2]
Notorious Topco, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 44,761	[1],[4],[5]	$ 45,462	[2]
Cost			44,504	[1],[4],[5]	45,161	[2]
Fair Value			$ 41,247	[1],[4],[5]	$ 44,698	[2]
Percent of Net Assets			3.72%	[1]	4.10%	[2]
Notorious Topco, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 5,782	[1],[4],[5]	$ 5,421	[2]
Cost			(25)	[1],[4],[5]	(23)	[2]
Fair Value			$ (454)	[1],[4],[5]	$ (91)	[2]
Percent of Net Assets			(0.04%)	[1],[4],[5]	(0.01%)	[2]
Galway Borrower LLC | Funded Debt Investments
Principal Amount, Par Value			$ 36,870	[1],[4]	$ 36,809	[2]
Cost			36,575	[1],[4]	36,482	[2]
Fair Value			$ 36,870	[1],[4]	$ 36,219	[2]
Percent of Net Assets			3.32%	[1]	3.32%	[2]
Galway Borrower LLC | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 2,681
Cost	[2]				(19)
Fair Value	[2]				$ (42)
Percent of Net Assets	[2]				(0.00%)
Auctane Inc. (fka Stamps.com Inc.) | Funded Debt Investments
Principal Amount, Par Value			$ 33,849	[1],[4],[6]	$ 34,106	[2]
Cost			33,585	[1],[4],[6]	33,812	[2]
Fair Value			$ 33,290	[1],[4],[6]	$ 33,527	[2]
Percent of Net Assets			3%	[1]	3.07%	[2]
Associations, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 32,081	[1]	$ 31,479	[2]
Cost			31,981	[1]	31,363	[2]
Fair Value			$ 32,081	[1]	$ 31,479	[2]
Percent of Net Assets			2.89%	[1]	2.88%	[2]
DECA Dental Holdings LLC | Funded Debt Investments
Principal Amount, Par Value			$ 32,971	[1]	$ 33,669	[2]
Cost			32,741	[1]	33,388	[2]
Fair Value			$ 31,969	[1]	$ 32,222	[2]
Percent of Net Assets			2.88%	[1]	2.95%	[2]
DECA Dental Holdings LLC | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 7,181
Cost	[2]				(3)
Fair Value	[2]				$ (309)
Percent of Net Assets	[2]				(0.04%)
iCIMS, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 32,215	[1],[4]	$ 30,996	[2]
Cost			31,988	[1],[4]	30,737	[2]
Fair Value			$ 31,893	[1],[4]	$ 30,732	[2]
Percent of Net Assets			2.88%	[1]	2.82%	[2]
iCIMS, Inc. | Unfunded Debt Investments
Principal Amount, Par Value			$ 8,339	[1]	$ 9,559	[2]
Cost			(18)	[1]	(21)	[2]
Fair Value			$ (21)	[1]	$ (22)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.00%)	[2]
Infogain Corporation | Funded Debt Investments
Principal Amount, Par Value			$ 30,755	[1],[4],[5]	$ 31,354	[2]
Cost			30,470	[1],[4],[5]	31,041	[2]
Fair Value			$ 30,755	[1],[4],[5]	$ 30,679	[2]
Percent of Net Assets			2.77%	[1]	2.81%	[2]
Sun Acquirer Corp. | Funded Debt Investments
Principal Amount, Par Value			$ 31,313	[1],[4],[6]	$ 31,526	[2]
Cost			31,063	[1],[4],[6]	31,246	[2]
Fair Value			$ 30,623	[1],[4],[6]	$ 30,996	[2]
Percent of Net Assets			2.76%	[1]	2.84%	[2]
Sun Acquirer Corp. | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 711
Cost	[2]				(4)
Fair Value	[2]				$ (12)
Percent of Net Assets	[2]				(0.00%)
Pioneer Buyer I, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 30,356	[1],[4]	$ 27,762	[2],[7]
Cost			30,163	[1],[4]	27,543	[2],[7]
Fair Value			$ 30,356	[1],[4]	$ 27,402	[2],[7]
Percent of Net Assets			2.74%	[1]	2.51%	[2],[7]
GraphPAD Software, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 30,483	[1],[4]	$ 29,960	[2],[8],[9]
Cost			30,379	[1],[4]	29,839	[2],[8],[9]
Fair Value			$ 30,068	[1],[4]	$ 29,429	[2],[8],[9]
Percent of Net Assets			2.71%	[1]	2.70%	[2]
GraphPAD Software, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 10,682	[1]	$ 11,432	[2]
Cost			(37)	[1]	(45)	[2]
Fair Value			$ (145)	[1]	$ (203)	[2]
Percent of Net Assets			(0.02%)	[1]	(0.02%)	[2]
Foreside Financial Group | Funded Debt Investments
Principal Amount, Par Value			$ 29,566	[1],[4]	$ 29,083	[2]
Cost			29,337	[1],[4]	28,819	[2]
Fair Value			$ 29,566	[1],[4]	$ 28,791	[2]
Percent of Net Assets			2.67%	[1]	2.64%	[2]
Foreside Financial Group | Unfunded Debt Investments
Principal Amount, Par Value			$ 5,278	[1]	$ 5,982	[2]
Cost			(13)	[1]	(16)	[2]
Fair Value			$ 0	[1]	$ (60)	[2]
Percent of Net Assets			0%	[1]	(0.01%)	[2]
Fortis Solutions Group, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 29,456	[1],[4],[6]	$ 29,665	[2]
Cost			29,230	[1],[4],[6]	29,417	[2]
Fair Value			$ 29,131	[1],[4],[6]	$ 28,971	[2]
Percent of Net Assets			2.63%	[1]	2.65%	[2]
Fortis Solutions Group, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 7,609	[1]	$ 7,622	[2]
Cost			(20)	[1]	(25)	[2]
Fair Value			$ (83)	[1]	$ (178)	[2]
Percent of Net Assets			(0.02%)	[1]	(0.02%)	[2]
FS WhiteWater Borrower, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 29,559	[1]	$ 30,379	[2]
Cost			29,342	[1]	30,121	[2]
Fair Value			$ 29,068	[1]	$ 29,545	[2]
Percent of Net Assets			2.62%	[1]	2.71%	[2]
Pye-Barker Fire & Safety, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 28,778	[1]	$ 29,344	[2]
Cost			28,560	[1]	29,095	[2]
Fair Value			$ 28,633	[1]	$ 28,506	[2]
Percent of Net Assets			2.58%	[1]	2.61%	[2]
CFS Management, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 31,936	[1]	$ 32,484	[2]
Cost			31,890	[1]	32,387	[2]
Fair Value			$ 28,275	[1]	$ 30,330	[2]
Percent of Net Assets			2.55%	[1]	2.78%	[2]
OEConnection LLC | Funded Debt Investments
Principal Amount, Par Value			$ 26,911	[1],[10]	$ 26,911	[2],[11]
Cost			26,722	[1],[10]	26,695	[2],[11]
Fair Value			$ 26,911	[1],[10]	$ 26,085	[2],[11]
Percent of Net Assets			2.43%	[1],[10]	2.39%	[2],[11]
Kaseya Inc | Funded Debt Investments
Principal Amount, Par Value	[1],[12]		$ 26,395
Cost	[1],[12]		26,227
Fair Value	[1],[12]		$ 26,395
Percent of Net Assets	[1],[12]		2.38%
Kaseya Inc | Unfunded Debt Investments
Principal Amount, Par Value			$ 2,664	[1]	$ 3,156	[2],[13]
Cost			(9)	[1]	(11)	[2],[13]
Fair Value			$ 0	[1]	$ (46)	[2],[13]
Percent of Net Assets			0%	[1]	(0.00%)	[2],[13]
MRI Software LLC | Funded Debt Investments
Principal Amount, Par Value			$ 25,639	[1]	$ 23,546	[2]
Cost			25,587	[1]	23,486	[2]
Fair Value			$ 25,392	[1]	$ 23,014	[2]
Percent of Net Assets			2.29%	[1]	2.11%	[2]
MRI Software LLC | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 3,454
Cost	[2]				(3)
Fair Value	[2]				$ (79)
Percent of Net Assets	[2]				(0.01%)
Businessolver.com, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 24,788	[1]	$ 24,976	[2]
Cost			24,695	[1]	24,870	[2]
Fair Value			$ 24,788	[1]	$ 24,626	[2]
Percent of Net Assets			2.24%	[1]	2.26%	[2]
Bullhorn, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 24,129	[1]	$ 24,761	[2]
Cost			24,046	[1]	24,660	[2]
Fair Value			$ 24,129	[1]	$ 24,761	[2]
Percent of Net Assets			2.18%	[1]	2.27%	[2]
USRP Holdings, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 23,338	[1]	$ 14,986	[2]
Cost			23,172	[1]	14,862	[2]
Fair Value			$ 23,338	[1]	$ 14,500	[2]
Percent of Net Assets			2.10%	[1]	1.33%	[2]
USRP Holdings, Inc. | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 8,947
Cost	[2]				(3)
Fair Value	[2]				$ (290)
Percent of Net Assets	[2]				(0.03%)
Diligent Corporation | Funded Debt Investments
Principal Amount, Par Value			$ 22,214	[1],[14]	$ 22,122	[2],[15]
Cost			22,153	[1],[14]	22,033	[2],[15]
Fair Value			$ 21,603	[1],[14]	$ 21,957	[2],[15]
Percent of Net Assets			1.95%	[1],[14]	2.01%	[2],[15]
OB Hospitalist Group, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 20,267	[1]	$ 20,194	[2]
Cost			20,127	[1]	20,030	[2]
Fair Value			$ 19,629	[1]	$ 19,558	[2]
Percent of Net Assets			1.77%	[1]	1.79%	[2]
Daxko Acquisition Corporation | Funded Debt Investments
Principal Amount, Par Value			$ 19,264	[1]	$ 19,287	[2]
Cost			19,119	[1]	19,125	[2]
Fair Value			$ 18,937	[1]	$ 18,747	[2]
Percent of Net Assets			1.71%	[1]	1.72%	[2]
Daxko Acquisition Corporation | Unfunded Debt Investments
Principal Amount, Par Value			$ 1,873	[1]	$ 1,995	[2]
Cost			(12)	[1]	(13)	[2]
Fair Value			$ (29)	[1]	$ (56)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.01%)	[2]
TigerConnect, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 19,079	[1]	$ 18,580	[2]
Cost			18,939	[1]	18,418	[2]
Fair Value			$ 18,786	[1]	$ 18,133	[2]
Percent of Net Assets			1.69%	[1]	1.66%	[2]
TigerConnect, Inc. | Unfunded Debt Investments
Principal Amount, Par Value			$ 3,340	[1]	$ 3,219	[2]
Cost			(19)	[1]	(23)	[2]
Fair Value			$ (52)	[1]	$ (77)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.01%)	[2]
AmeriVet Partners Management, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 17,928	[1]	$ 16,238	[2]
Cost			17,857	[1]	16,166	[2]
Fair Value			$ 17,928	[1]	$ 15,912	[2]
Percent of Net Assets			1.62%	[1]	1.46%	[2]
AmeriVet Partners Management, Inc. | Unfunded Debt Investments
Principal Amount, Par Value			$ 6,615	[1]	$ 8,435	[2]
Cost			(4)	[1]	(5)	[2]
Fair Value			$ 0	[1]	$ (168)	[2]
Percent of Net Assets			0%	[1]	(0.02%)	[2]
DCA Investment Holding, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 17,857	[1]	$ 15,891	[2]
Cost			17,755	[1]	15,804	[2]
Fair Value			$ 17,328	[1]	$ 15,583	[2]
Percent of Net Assets			1.56%	[1]	1.43%	[2]
Granicus, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 16,486	[1],[16]	$ 16,316	[2]
Cost			16,408	[1],[16]	16,223	[2]
Fair Value			$ 16,486	[1],[16]	$ 16,316	[2]
Percent of Net Assets			1.49%	[1],[16]	1.49%	[2]
Beacon Pointe Harmony, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 14,297	[1]	$ 12,591	[2]
Cost			14,189	[1]	12,481	[2]
Fair Value			$ 14,105	[1]	$ 12,239	[2]
Percent of Net Assets			1.27%	[1]	1.12%	[2]
Beacon Pointe Harmony, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 2,069	[1]	$ 3,879	[2]
Cost			(8)	[1]	(8)	[2]
Fair Value			$ (28)	[1]	$ (109)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.01%)	[2]
NMC Crimson Holdings, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 13,403	[1]	$ 11,852	[2]
Cost			13,279	[1]	11,712	[2]
Fair Value			$ 13,159	[1]	$ 11,769	[2]
Percent of Net Assets			1.19%	[1]	1.08%	[2]
ACI Group Holdings, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 13,068	[1],[17]	$ 12,244	[2],[18]
Cost			12,970	[1],[17]	12,144	[2],[18]
Fair Value			$ 12,787	[1],[17]	$ 11,832	[2],[18]
Percent of Net Assets			1.15%	[1],[17]	1.08%	[2]
ACI Group Holdings, Inc. | Unfunded Debt Investments
Principal Amount, Par Value			$ 2,810	[1],[17]	$ 3,638	[2],[18]
Cost			(7)	[1],[17]	(10)	[2],[18]
Fair Value			$ (61)	[1],[17]	$ (122)	[2],[18]
Percent of Net Assets			(0.01%)	[1],[17]	(0.01%)	[2],[18]
Specialtycare, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 11,723	[1]	$ 11,918	[2]
Cost			11,619	[1]	11,809	[2]
Fair Value			$ 11,331	[1]	$ 11,418	[2]
Percent of Net Assets			1.02%	[1]	1.05%	[2]
Specialtycare, Inc. | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 1,103
Cost	[2]				(12)
Fair Value	[2]				$ (46)
Percent of Net Assets	[2]				(0.00%)
Allworth Financial Group, L.P. | Funded Debt Investments
Principal Amount, Par Value			$ 10,575	[1]	$ 7,886	[2]
Cost			10,500	[1]	7,818	[2]
Fair Value			$ 10,502	[1]	$ 7,669	[2]
Percent of Net Assets			0.95%	[1]	0.70%	[2]
Allworth Financial Group, L.P. | Unfunded Debt Investments
Principal Amount, Par Value			$ 2,673	[1]	$ 5,436	[2]
Cost			(10)	[1]	(13)	[2]
Fair Value			$ (19)	[1]	$ (149)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.02%)	[2]
Coyote Buyer, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 9,852	[1]	$ 9,512	[2]
Cost			9,827	[1]	9,479	[2]
Fair Value			$ 9,852	[1]	$ 9,512	[2]
Percent of Net Assets			0.89%	[1]	0.87%	[2]
PDQ.com Corporation | Funded Debt Investments
Principal Amount, Par Value			$ 9,588	[1]	$ 7,255	[2]
Cost			9,553	[1]	7,224	[2]
Fair Value			$ 9,559	[1]	$ 7,084	[2]
Percent of Net Assets			0.86%	[1]	0.65%	[2]
KPSKY Acquisition Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 9,501	[1]	$ 9,577	[2]
Cost			9,427	[1]	9,495	[2]
Fair Value			$ 9,501	[1]	$ 9,156	[2]
Percent of Net Assets			0.86%	[1]	0.84%	[2]
Trinity Air Consultants Holdings Corporation | Funded Debt Investments
Principal Amount, Par Value			$ 8,948	[1]	$ 8,848	[2]
Cost			8,886	[1]	8,777	[2]
Fair Value			$ 8,948	[1]	$ 8,777	[2]
Percent of Net Assets			0.81%	[1]	0.80%	[2]
Trinity Air Consultants Holdings Corporation | Unfunded Debt Investments
Principal Amount, Par Value			$ 1,772	[1]	$ 1,872	[2]
Cost			(5)	[1]	(6)	[2]
Fair Value			$ 0	[1]	$ (15)	[2]
Percent of Net Assets			0%	[1]	(0.00%)	[2]
Huskies Parent, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 9,121	[1]	$ 8,972	[2]
Cost			9,067	[1]	8,913	[2]
Fair Value			$ 8,927	[1]	$ 8,834	[2]
Percent of Net Assets			0.81%	[1]	0.81%	[2]
Huskies Parent, Inc. | Unfunded Debt Investments
Principal Amount, Par Value	[2]				$ 964
Cost	[2]				(2)
Fair Value	[2]				$ (15)
Percent of Net Assets	[2]				(0.00%)
CG Group Holdings, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 9,312	[1]	$ 9,233	[2]
Cost			9,244	[1]	9,153	[2]
Fair Value			$ 8,821	[1]	$ 8,228	[2]
Percent of Net Assets			0.80%	[1]	0.74%	[2]
Radwell Parent, LLC | Funded Debt Investments
Principal Amount, Par Value	[1]		$ 8,412
Cost	[1]		8,359
Fair Value	[1]		$ 8,412
Percent of Net Assets	[1]		0.76%
Radwell Parent, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 1,484	[1]	$ 1,572	[2]
Cost			(10)	[1]	(11)	[2]
Fair Value			$ 0	[1]	$ (11)	[2]
Percent of Net Assets			0%	[1]	(0.00%)	[2]
Ministry Brands Holdings, LLC | Funded Debt Investments
Principal Amount, Par Value			$ 7,622	[1]	$ 7,348	[2]
Cost			7,592	[1]	7,316	[2]
Fair Value			$ 7,436	[1]	$ 7,220	[2]
Percent of Net Assets			0.67%	[1]	0.66%	[2]
Ministry Brands Holdings, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 2,270	[1]	$ 2,599	[2]
Cost			(2)	[1]	(2)	[2]
Fair Value			$ (55)	[1]	$ (45)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.00%)	[2]
Safety Borrower Holdings LLC | Funded Debt Investments
Principal Amount, Par Value			$ 7,178	[1]	$ 6,974	[2]
Cost			7,152	[1]	6,946	[2]
Fair Value			$ 7,178	[1]	$ 6,861	[2]
Percent of Net Assets			0.65%	[1]	0.63%	[2]
TMK Hawk Parent, Corp. | Funded Debt Investments
Principal Amount, Par Value			$ 9,666	[1]	$ 9,741	[2]
Cost			8,832	[1]	8,324	[2]
Fair Value			$ 6,997	[1]	$ 6,332	[2]
Percent of Net Assets			0.63%	[1]	0.58%	[2]
Calabrio, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 6,390	[1]	$ 6,390	[2]
Cost			6,362	[1]	6,355	[2]
Fair Value			$ 6,230	[1]	$ 6,390	[2]
Percent of Net Assets			0.56%	[1]	0.59%	[2]
IMO Investor Holdings, Inc. | Funded Debt Investments
Principal Amount, Par Value			$ 5,676	[1]	$ 5,397	[2]
Cost			5,630	[1]	5,347	[2]
Fair Value			$ 5,552	[1]	$ 5,342	[2]
Percent of Net Assets			0.50%	[1]	0.49%	[2]
IMO Investor Holdings, Inc. | Unfunded Debt Investments
Principal Amount, Par Value			$ 1,449	[1]	$ 1,770	[2]
Cost			(5)	[1]	(5)	[2]
Fair Value			$ (32)	[1]	$ (18)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.00%)	[2]
Trident Bidco Limited | Funded Debt Investments
Principal Amount, Par Value			$ 23,049	[1],[3]	$ 23,049	[2],[19]
Cost			22,852	[1],[3]	22,833	[2],[19]
Fair Value			$ 23,049	[1],[3]	$ 22,549	[2],[19]
Percent of Net Assets			2.08%	[1],[3]	2.06%	[2],[19]
VT Topco, Inc. | Funded Debt Investments
Principal Amount, Par Value	[2]				$ 12,312
Cost	[2]				12,045
Fair Value	[2]				$ 11,952
Percent of Net Assets	[2]				1.10%
Community Brands ParentCo, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 1,274	[1]	$ 1,274	[2]
Cost			(3)	[1]	(4)	[2]
Fair Value			$ (31)	[1]	$ (42)	[2]
Percent of Net Assets			(0.00%)	[1]	(0.00%)	[2]
DOCS, MSO, LLC | Unfunded Debt Investments
Principal Amount, Par Value			$ 5,436	[1]	$ 9,389	[2]
Cost			0	[1]	0	[2]
Fair Value			$ (86)	[1]	$ (257)	[2]
Percent of Net Assets			(0.02%)	[1]	(0.03%)	[2]
IG Investments Holdings, LLC | Funded Debt Investments
Principal Amount, Par Value	[2]				$ 40,581
Cost	[2]				40,239
Fair Value	[2]				$ 40,021
Percent of Net Assets	[2]				3.67%
YLG Holdings, Inc | Unfunded Debt Investments
Principal Amount, Par Value	[1]		$ 4,389
Cost	[1]		0
Fair Value	[1]		$ (42)
Percent of Net Assets	[1]		(0.00%)
Smile Doctors LLC | Funded Debt Investments
Principal Amount, Par Value	[2]				$ 7,943
Cost	[2]				7,903
Fair Value	[2]				$ 7,903
Percent of Net Assets	[2]				0.72%
Investment, Identifier [Axis]: AAH Topco, LLC, First lien
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.92%	[1],[4],[6],[20]	9.89%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 20,031	[1],[4],[6]	$ 20,184	[2],[8],[9]
Cost			19,880	[1],[4],[6]	20,011	[2],[8],[9]
Fair Value			$ 19,791	[1],[4],[6]	$ 19,934	[2],[8],[9]
Investment, Identifier [Axis]: AAH Topco, LLC, First lien - Drawn
Spread			5.50%	[1],[4],[5],[20]	5.50%	[2],[9],[21],[22]
Interest Rate			10.92%	[1],[4],[5],[20]	9.82%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 18,316	[1],[4],[5]	$ 10,855	[2],[9],[22]
Cost			18,183	[1],[4],[5]	10,764	[2],[9],[22]
Fair Value			18,096	[1],[4],[5]	10,720	[2],[9],[22]
Investment, Identifier [Axis]: AAH Topco, LLC, First lien - Undrawn 1
Principal Amount, Par Value			2,426	[1],[4],[5]	2,427	[2],[9],[22]
Cost			(17)	[1],[4],[5]	(20)	[2],[9],[22]
Fair Value			(29)	[1],[4],[5]	(30)	[2],[9],[22]
Investment, Identifier [Axis]: AAH Topco, LLC, First lien - Undrawn 2
Principal Amount, Par Value			3,884	[1],[4],[5]	11,456	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ (47)	[1],[4],[5]	$ (142)	[2],[9],[22]
Investment, Identifier [Axis]: AAH Topco, LLC, Subordinated
PIK			11.50%	[1],[4],[20],[23]	11.50%	[2],[9],[21],[24]
Interest Rate			11.50%	[1],[4],[20],[23]	11.50%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 11,683	[1],[4],[23]	$ 10,721	[2],[9],[24]
Cost			11,561	[1],[4],[23]	10,589	[2],[9],[24]
Fair Value			$ 11,010	[1],[4],[23]	$ 10,218	[2],[9],[24]
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien
Spread	[2],[8],[9],[21],[24]				4.50%
PIK	[2],[8],[9],[21],[24]				1.25%
Interest Rate	[2],[8],[9],[21],[24]				10.13%
Principal Amount, Par Value	[2],[8],[9],[24]				$ 10,737
Cost	[2],[8],[9],[24]				10,647
Fair Value	[2],[8],[9],[24]				$ 10,376
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien - Drawn
Spread	[1],[4],[5],[20],[23]		5.50%
Interest Rate	[1],[4],[5],[20],[23]		10.92%
Principal Amount, Par Value	[1],[4],[5],[23]		$ 429
Cost	[1],[4],[5],[23]		418
Fair Value	[1],[4],[5],[23]		420
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien - Drawn 1
Spread	[2],[9],[21],[22],[24]				4.50%
PIK	[2],[9],[21],[22],[24]				1.25%
Interest Rate	[2],[9],[21],[22],[24]				10.13%
Principal Amount, Par Value	[2],[9],[22],[24]				$ 1,381
Cost	[2],[9],[22],[24]				1,370
Fair Value	[2],[9],[22],[24]				$ 1,334
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien - Drawn 2
Spread	[2],[9],[21],[22]				5.50%
Interest Rate	[2],[9],[21],[22]				9.88%
Principal Amount, Par Value	[2],[9],[22]				$ 126
Cost	[2],[9],[22]				127
Fair Value	[2],[9],[22]				122
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien - Undrawn 1
Principal Amount, Par Value			1,144	[1],[4],[5]	1,019	[2],[9],[22]
Cost			(7)	[1],[4],[5]	(10)	[2],[9],[22]
Fair Value			(25)	[1],[4],[5]	(34)	[2],[9],[22]
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien - Undrawn 2
Principal Amount, Par Value			1,666	[1],[4],[5]	2,619	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ (36)	[1],[4],[5]	$ (88)	[2],[9],[22]
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien 1
Spread	[1],[4],[6],[20]		5.50%
Interest Rate	[1],[4],[6],[20],[23]		10.92%
Principal Amount, Par Value	[1],[4],[6],[23]		$ 10,736
Cost	[1],[4],[6],[23]		10,656
Fair Value	[1],[4],[6],[23]		$ 10,505
Investment, Identifier [Axis]: ACI Group Holdings, Inc., First lien 2
Spread	[1],[4],[20]		5.50%
Interest Rate	[1],[4],[20],[23]		10.92%
Principal Amount, Par Value	[1],[4],[23]		$ 1,903
Cost	[1],[4],[23]		1,896
Fair Value	[1],[4],[23]		$ 1,862
Investment, Identifier [Axis]: ACI Parent Inc., Preferred shares
Principal Amount, Shares (in shares)			12,500	[1],[4],[17]	12,500	[2],[9],[18]
Cost			$ 15,937	[1],[4],[17]	$ 14,605	[2],[9],[18]
Fair Value			$ 14,178	[1],[4],[17]	$ 14,068	[2],[9],[18]
Percent of Net Assets			1.28%	[1],[4],[17]	1.29%	[2],[9],[18]
Investment, Identifier [Axis]: AG Parent Holdings, LLC, First lien
Spread			5%	[1],[6],[20]	5%	[2],[8],[21]
Interest Rate			10.68%	[1],[6],[20]	9.38%	[2],[8],[21]
Principal Amount, Par Value			$ 2,613	[1],[6]	$ 7,275	[2],[8]
Cost			2,607	[1],[6]	7,254	[2],[8]
Fair Value			$ 2,567	[1],[6]	$ 7,061	[2],[8]
Percent of Net Assets			0.23%	[1],[6]	0.65%	[2],[8]
Investment, Identifier [Axis]: Al Altius US Bidco, Inc., First Lien 1
Spread	[1],[4],[6],[20]		5.18%
Interest Rate	[1],[4],[6],[20]		10.47%
Principal Amount, Par Value	[1],[4],[6]		$ 38,500
Cost	[1],[4],[6]		38,194
Fair Value	[1],[4],[6]		$ 38,222
Investment, Identifier [Axis]: Al Altius US Bidco, Inc., First Lien 2
Spread	[1],[4],[20]		5.18%
Interest Rate	[1],[4],[20]		10.47%
Principal Amount, Par Value	[1],[4]		$ 9,300
Cost	[1],[4]		9,225
Fair Value	[1],[4]		$ 9,233
Investment, Identifier [Axis]: Al Altius US Bidco, Inc., First lien
Spread	[2],[8],[9],[21]				5.50%
Interest Rate	[2],[8],[9],[21]				10.65%
Principal Amount, Par Value	[2],[8],[9]				$ 38,500
Cost	[2],[8],[9]				38,161
Fair Value	[2],[8],[9]				$ 38,100
Percent of Net Assets	[2],[8],[9]				3.49%
Investment, Identifier [Axis]: Al Altius US Bidco, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 9,300
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (97)
Percent of Net Assets	[2],[9],[22]				(0.01%)
Investment, Identifier [Axis]: Alegeus Technologies Holding Corp., First lien
Spread			8.25%	[1],[4],[6],[20]	8.25%	[2],[8],[9],[21]
Interest Rate			13.36%	[1],[4],[6],[20]	10.95%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 2,134	[1],[4],[6]	$ 2,134	[2],[8],[9]
Cost			2,130	[1],[4],[6]	2,126	[2],[8],[9]
Fair Value			$ 2,134	[1],[4],[6]	$ 2,134	[2],[8],[9]
Percent of Net Assets			0.19%	[1],[4],[6]	0.20%	[2],[8],[9]
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First Lien - Drawn
Spread	[1],[4],[5],[20]		5.50%
Interest Rate	[1],[4],[5],[20]		10.92%
Principal Amount, Par Value	[1],[4],[5]		$ 3,988
Cost	[1],[4],[5]		3,960
Fair Value	[1],[4],[5]		$ 3,960
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First Lien 1
Spread	[1],[4],[6],[20]		5.50%
Interest Rate	[1],[4],[6],[20]		10.92%
Principal Amount, Par Value	[1],[4],[6]		$ 5,057
Cost	[1],[4],[6]		5,022
Fair Value	[1],[4],[6]		$ 5,022
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First Lien 2
Spread	[1],[4],[20]		5.50%
Interest Rate	[1],[4],[20]		10.92%
Principal Amount, Par Value	[1],[4]		$ 1,530
Cost	[1],[4]		1,518
Fair Value	[1],[4]		1,520
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First lien - Drawn
Spread	[2],[9],[21],[22]				4.75%
Interest Rate	[2],[9],[21],[22]				9.17%
Principal Amount, Par Value	[2],[9],[22]				$ 1,248
Cost	[2],[9],[22]				1,237
Fair Value	[2],[9],[22]				1,213
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First lien - Undrawn 1
Principal Amount, Par Value			1,100	[1],[4],[5]	1,573	[2],[9],[22]
Cost			0	[1],[4],[5]	(13)	[2],[9],[22]
Fair Value			(8)	[1],[4],[5]	(43)	[2],[9],[22]
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First lien - Undrawn 2
Principal Amount, Par Value			1,573	[1],[4],[5]	3,863	[2],[9],[22]
Cost			(10)	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(11)	[1],[4],[5]	$ (106)	[2],[9],[22]
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First lien 1
Spread	[2],[8],[9],[21]				4.75%
Interest Rate	[2],[8],[9],[21]				9.17%
Principal Amount, Par Value	[2],[8],[9]				$ 5,096
Cost	[2],[8],[9]				5,054
Fair Value	[2],[8],[9]				$ 4,956
Investment, Identifier [Axis]: Allworth Financial Group, L.P., First lien 2
Spread	[2],[9],[21]				4.75%
Interest Rate	[2],[9],[21]				9.17%
Principal Amount, Par Value	[2],[9]				$ 1,542
Cost	[2],[9]				1,527
Fair Value	[2],[9]				1,500
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc, First Lien - Undrawn 1
Principal Amount, Par Value	[1],[4],[5]		5,401
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		0
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc, First Lien - Undrawn 2
Principal Amount, Par Value	[1],[4],[5]		1,214
Cost	[1],[4],[5]		(4)
Fair Value	[1],[4],[5]		$ 0
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc., First lien - Drawn
Spread	[1],[4],[5],[20]		5.50%
Interest Rate	[1],[4],[5],[20]		11.04%
Principal Amount, Par Value	[1],[4],[5]		$ 475
Cost	[1],[4],[5]		463
Fair Value	[1],[4],[5]		$ 475
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc., First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				1,214
Cost	[2],[9],[22]				(5)
Fair Value	[2],[9],[22]				(24)
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc., First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				7,221
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (144)
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc., First lien 1
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			11.04%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 13,654	[1],[4]	$ 13,758	[2],[9]
Cost			13,600	[1],[4]	13,697	[2],[9]
Fair Value			$ 13,654	[1],[4]	$ 13,482	[2],[9]
Investment, Identifier [Axis]: AmeriVet Partners Management, Inc., First lien 2
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			11.04%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 3,799	[1],[4]	$ 2,480	[2],[9]
Cost			3,794	[1],[4]	2,469	[2],[9]
Fair Value			$ 3,799	[1],[4]	$ 2,430	[2],[9]
Investment, Identifier [Axis]: Anaplan, Inc., First Lien
Spread	[1],[20]		6.50%
Interest Rate	[1],[20]		11.82%
Principal Amount, Par Value	[1]		$ 40,440
Cost	[1]		40,091
Fair Value	[1]		$ 40,440
Percent of Net Assets	[1]		3.65%
Investment, Identifier [Axis]: Anaplan, Inc., First lien
Spread	[2],[8],[9],[21]				6.50%
Interest Rate	[2],[8],[9],[21]				10.82%
Principal Amount, Par Value	[2],[8],[9]				$ 40,440
Cost	[2],[8],[9]				40,059
Fair Value	[2],[8],[9]				$ 40,036
Percent of Net Assets	[2],[8],[9]				3.67%
Investment, Identifier [Axis]: Appriss Health Intermediate Holdings, Inc., Preferred shares
Principal Amount, Shares (in shares)			1,167	[1],[4]	1,167	[2],[9],[25]
Cost			$ 1,497	[1],[4]	$ 1,379	[2],[9],[25]
Fair Value			$ 1,384	[1],[4]	$ 1,315	[2],[9],[25]
Percent of Net Assets			0.12%	[1],[4]	0.12%	[2],[9],[25]
Investment, Identifier [Axis]: Appriss Health, LLC, First lien
Spread			6.75%	[1],[4],[20]	7.25%	[2],[9],[21]
Interest Rate			12.23%	[1],[4],[20]	11.54%	[2],[9],[21]
Principal Amount, Par Value			$ 4,652	[1],[4]	$ 4,676	[2],[9],[25]
Cost			4,621	[1],[4]	4,640	[2],[9],[25]
Fair Value			$ 4,652	[1],[4]	$ 4,676	[2],[9],[25]
Percent of Net Assets			0.42%	[1],[4]	0.43%	[2],[9],[25]
Investment, Identifier [Axis]: Appriss Health, LLC, First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22],[25]				$ 313
Cost	[2],[9],[22],[25]				(2)
Fair Value	[2],[9],[22],[25]				$ 0
Percent of Net Assets	[2],[9],[22],[25]				0%
Investment, Identifier [Axis]: Appriss Healthcare, LLC, First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 313
Cost	[1],[4],[5]		(2)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Associations, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22],[25]				$ 1,772
Cost	[2],[9],[22],[25]				(7)
Fair Value	[2],[9],[22],[25]				$ 0
Percent of Net Assets	[2],[9],[22],[25]				0%
Investment, Identifier [Axis]: Associations, Inc., First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 1,772
Cost	[1],[4],[5]		(6)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Associations, Inc., First lien 1
Spread			4%	[1],[4],[6],[20],[23]	4%	[2],[8],[9],[21],[24]
PIK			2.50%	[1],[4],[6],[20],[23]	2.50%	[2],[8],[9],[21],[24]
Interest Rate			12.03%	[1],[20],[23]	10.36%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 18,234	[1],[23]	$ 17,893	[2],[8],[9],[24]
Cost			18,179	[1],[23]	17,829	[2],[8],[9],[24]
Fair Value			$ 18,234	[1],[23]	$ 17,893	[2],[8],[9],[24]
Investment, Identifier [Axis]: Associations, Inc., First lien 2
Spread			4%	[1],[4],[20],[23]	4%	[2],[9],[21],[24]
PIK			2.50%	[1],[4],[20],[23]	2.50%	[2],[9],[21],[24]
Interest Rate			12.17%	[1],[4],[6],[20],[23]	11.26%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 4,490	[1],[4],[6],[23]	$ 4,405	[2],[9],[24]
Cost			4,475	[1],[4],[6],[23]	4,388	[2],[9],[24]
Fair Value			$ 4,490	[1],[4],[6],[23]	$ 4,405	[2],[9],[24]
Investment, Identifier [Axis]: Associations, Inc., First lien 3
Spread			4%	[1],[4],[20],[23]	4%	[2],[9],[21],[24]
PIK			2.50%	[1],[4],[20],[23]	2.50%	[2],[9],[21],[24]
Interest Rate			12.14%	[1],[4],[5],[20],[23]	11.28%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 4,489	[1],[4],[5],[23]	$ 4,405	[2],[9],[24]
Cost			4,475	[1],[4],[5],[23]	4,388	[2],[9],[24]
Fair Value			$ 4,489	[1],[4],[5],[23]	$ 4,405	[2],[9],[24]
Investment, Identifier [Axis]: Associations, Inc., First lien 4
Spread			4%	[1],[4],[20],[23]	4%	[2],[9],[21],[24]
PIK			2.50%	[1],[4],[20],[23]	2.50%	[2],[9],[21],[24]
Interest Rate			12.13%	[1],[4],[5],[20],[23]	10.97%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 2,711	[1],[4],[5],[23]	$ 2,660	[2],[9],[24]
Cost			2,702	[1],[4],[5],[23]	2,650	[2],[9],[24]
Fair Value			$ 2,711	[1],[4],[5],[23]	$ 2,660	[2],[9],[24]
Investment, Identifier [Axis]: Associations, Inc., First lien 5
Spread			4%	[1],[4],[20],[23]	4%	[2],[9],[21],[24]
PIK			2.50%	[1],[4],[20],[23]	2.50%	[2],[9],[21],[24]
Interest Rate			12.05%	[1],[20],[23]	10.49%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 2,157	[1],[23]	$ 2,116	[2],[9],[24]
Cost			2,150	[1],[23]	2,108	[2],[9],[24]
Fair Value			$ 2,157	[1],[23]	$ 2,116	[2],[9],[24]
Investment, Identifier [Axis]: Aston FinCo S.a r.l. / Aston US Finco, LLC, Second lien
Spread			8.25%	[1],[4],[6],[20]	8.25%	[2],[8],[9],[21]
Interest Rate			13.68%	[1],[4],[6],[20]	12.63%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 22,500	[1],[4],[6]	$ 22,500	[2],[8],[9],[19]
Cost			22,399	[1],[4],[6]	22,384	[2],[8],[9],[19]
Fair Value			$ 22,230	[1],[4],[6]	$ 22,433	[2],[8],[9],[19]
Percent of Net Assets			2%	[1],[4],[6]	2.06%	[2],[8],[9],[19]
Investment, Identifier [Axis]: Auctane Inc. (fka Stamps.com Inc.), First lien 1
Spread			5.75%	[1],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.17%	[1],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 19,627	[1]	$ 19,776	[2],[8],[9]
Cost			19,475	[1]	19,607	[2],[8],[9]
Fair Value			$ 19,303	[1]	$ 19,440	[2],[8],[9]
Investment, Identifier [Axis]: Auctane Inc. (fka Stamps.com Inc.), First lien 2
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.17%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 14,222	[1],[4],[6]	$ 14,330	[2],[8],[9]
Cost			14,110	[1],[4],[6]	14,205	[2],[8],[9]
Fair Value			$ 13,987	[1],[4],[6]	$ 14,087	[2],[8],[9]
Investment, Identifier [Axis]: Avalara, Inc., First lien
Spread			7.25%	[1],[4],[20]	7.25%	[2],[9],[21]
Interest Rate			12.64%	[1],[4],[20]	11.83%	[2],[9],[21]
Principal Amount, Par Value			$ 21,654	[1],[4]	$ 21,654	[2],[9]
Cost			21,415	[1],[4]	21,390	[2],[9]
Fair Value			$ 21,654	[1],[4]	$ 21,467	[2],[9]
Percent of Net Assets			1.95%	[1],[4]	1.97%	[2],[9]
Investment, Identifier [Axis]: Avalara, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 2,165
Cost	[2],[9],[22]				(26)
Fair Value	[2],[9],[22]				$ (19)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: Avalara, Inc., First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 2,165
Cost	[1],[4],[5]		(23)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Beacon Pointe Harmony, LLC, First lien
Spread	[2],[8],[9],[21]				5.25%
Interest Rate	[2],[8],[9],[21]				9.38%
Principal Amount, Par Value	[2],[8],[9]				$ 10,139
Cost	[2],[8],[9]				10,050
Fair Value	[2],[8],[9]				$ 9,855
Investment, Identifier [Axis]: Beacon Pointe Harmony, LLC, First lien - Drawn
Spread			5.75%	[1],[4],[5],[20]	5.25%	[2],[9],[21],[22]
Interest Rate			11.07%	[1],[4],[5],[20]	9.44%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 288	[1],[4],[5]	$ 2,452	[2],[9],[22]
Cost			285	[1],[4],[5]	2,431	[2],[9],[22]
Fair Value			284	[1],[4],[5]	2,384	[2],[9],[22]
Investment, Identifier [Axis]: Beacon Pointe Harmony, LLC, First lien - Undrawn 1
Principal Amount, Par Value			1,012	[1],[4],[5]	1,057	[2],[9],[22]
Cost			0	[1],[4],[5]	(8)	[2],[9],[22]
Fair Value			(14)	[1],[4],[5]	(30)	[2],[9],[22]
Investment, Identifier [Axis]: Beacon Pointe Harmony, LLC, First lien - Undrawn 2
Principal Amount, Par Value			1,057	[1],[4],[5]	2,822	[2],[9],[22]
Cost			(8)	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ (14)	[1],[4],[5]	$ (79)	[2],[9],[22]
Investment, Identifier [Axis]: Beacon Pointe Harmony, LLC, First lien 1
Spread	[1],[4],[6],[20]		5.75%
Interest Rate	[1],[4],[6],[20]		11.07%
Principal Amount, Par Value	[1],[4],[6]		$ 10,063
Cost	[1],[4],[6]		9,981
Fair Value	[1],[4],[6]		$ 9,927
Investment, Identifier [Axis]: Beacon Pointe Harmony, LLC, First lien 2
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		11.07%
Principal Amount, Par Value	[1],[4]		$ 3,946
Cost	[1],[4]		3,923
Fair Value	[1],[4]		3,894
Investment, Identifier [Axis]: Bluefin Holding, LLC, Second lien
Spread	[2],[8],[9],[21]				7.75%
Interest Rate	[2],[8],[9],[21]				12.48%
Principal Amount, Par Value	[2],[8],[9]				$ 22,000
Cost	[2],[8],[9]				22,000
Fair Value	[2],[8],[9]				$ 21,190
Percent of Net Assets	[2],[8],[9]				1.94%
Investment, Identifier [Axis]: Bottomline Technologies, Inc., First lien
Spread	[2],[9],[21]				5.50%
Interest Rate	[2],[9],[21]				9.82%
Principal Amount, Par Value	[2],[9]				$ 49,747
Cost	[2],[9]				49,286
Fair Value	[2],[9]				$ 49,251
Percent of Net Assets	[2],[9]				4.51%
Investment, Identifier [Axis]: Bottomline Technologies, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 4,157
Cost	[2],[9],[22]				(38)
Fair Value	[2],[9],[22]				$ (42)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: Bulhorn, Inc., First Lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		964
Cost	[1],[4],[5]		(3)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Bullhorn, Inc., First lien - Drawn
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				10.48%
Principal Amount, Par Value	[2],[9],[22]				$ 443
Cost	[2],[9],[22]				443
Fair Value	[2],[9],[22]				443
Investment, Identifier [Axis]: Bullhorn, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				520
Cost	[2],[9],[22]				(4)
Fair Value	[2],[9],[22]				$ 0
Percent of Net Assets	[2],[9],[22]				0%
Investment, Identifier [Axis]: Bullhorn, Inc., First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.24%	[1],[4],[6],[20]	10.48%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 18,702	[1],[4],[6]	$ 18,848	[2],[8],[9]
Cost			18,632	[1],[4],[6]	18,763	[2],[8],[9]
Fair Value			$ 18,702	[1],[4],[6]	$ 18,848	[2],[8],[9]
Investment, Identifier [Axis]: Bullhorn, Inc., First lien 2
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.24%	[1],[4],[20]	10.48%	[2],[9],[21]
Principal Amount, Par Value			$ 2,669	[1],[4]	$ 2,690	[2],[9]
Cost			2,665	[1],[4]	2,685	[2],[9]
Fair Value			$ 2,669	[1],[4]	$ 2,690	[2],[9]
Investment, Identifier [Axis]: Bullhorn, Inc., First lien 3
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.24%	[1],[4],[6],[20]	10.48%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 1,195	[1],[4],[6]	$ 1,205	[2],[8],[9]
Cost			1,193	[1],[4],[6]	1,202	[2],[8],[9]
Fair Value			$ 1,195	[1],[4],[6]	$ 1,205	[2],[8],[9]
Investment, Identifier [Axis]: Bullhorn, Inc., First lien 4
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.24%	[1],[4],[20]	10.48%	[2],[9],[21]
Principal Amount, Par Value			$ 866	[1],[4]	$ 872	[2],[9]
Cost			862	[1],[4]	868	[2],[9]
Fair Value			$ 866	[1],[4]	$ 872	[2],[9]
Investment, Identifier [Axis]: Bullhorn, Inc., First lien 5
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.24%	[1],[4],[20]	10.48%	[2],[9],[21]
Principal Amount, Par Value			$ 388	[1],[4]	$ 391	[2],[9]
Cost			386	[1],[4]	389	[2],[9]
Fair Value			$ 388	[1],[4]	$ 391	[2],[9]
Investment, Identifier [Axis]: Bullhorn, Inc., First lien 6
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.24%	[1],[4],[20]	10.48%	[2],[9],[21]
Principal Amount, Par Value			$ 309	[1],[4]	$ 312	[2],[9]
Cost			308	[1],[4]	310	[2],[9]
Fair Value			309	[1],[4]	$ 312	[2],[9]
Investment, Identifier [Axis]: Businessolver.com, Inc., First lien
Spread	[2],[8],[9],[21]				5.50%
Interest Rate	[2],[8],[9],[21]				9.67%
Principal Amount, Par Value	[2],[8],[9]				$ 24,410
Cost	[2],[8],[9]				24,306
Fair Value	[2],[8],[9]				$ 24,068
Investment, Identifier [Axis]: Businessolver.com, Inc., First lien - Drawn
Spread	[2],[9],[21],[22]				5.50%
Interest Rate	[2],[9],[21],[22]				9.88%
Principal Amount, Par Value	[2],[9],[22]				$ 566
Cost	[2],[9],[22]				564
Fair Value	[2],[9],[22]				558
Investment, Identifier [Axis]: Businessolver.com, Inc., First lien - Undrawn
Principal Amount, Par Value			6,054	[1],[4],[5]	6,054	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ (85)	[2],[9],[22]
Percent of Net Assets			0%	[1],[4],[5]	(0.01%)	[2],[9],[22]
Investment, Identifier [Axis]: Businesssolver.com, Inc., First lien
Spread	[1],[4],[6],[20]		5.50%
Interest Rate	[1],[4],[6],[20]		10.99%
Principal Amount, Par Value	[1],[4],[6]		$ 24,226
Cost	[1],[4],[6]		24,135
Fair Value	[1],[4],[6]		$ 24,226
Investment, Identifier [Axis]: Businesssolver.com, Inc., First lien - Drawn
Spread	[1],[4],[5],[20]		5.50%
Interest Rate	[1],[4],[5],[20]		10.99%
Principal Amount, Par Value	[1],[4],[5]		$ 562
Cost	[1],[4],[5]		560
Fair Value	[1],[4],[5]		$ 562
Investment, Identifier [Axis]: CCBlue Bidco, Inc., First lien
Spread	[2],[8],[9],[21],[24]				3.50%
PIK	[2],[8],[9],[21],[24]				2.75%
Interest Rate	[2],[8],[9],[21],[24]				10.98%
Principal Amount, Par Value	[2],[8],[9]				$ 41,119
Cost	[2],[8],[9]				40,769
Fair Value	[2],[8],[9]				$ 40,296
Investment, Identifier [Axis]: CCBlue Bidco, Inc., First lien - Drawn
Spread	[2],[9],[21],[22],[24]				3.50%
PIK	[2],[9],[21],[22],[24]				2.75%
Interest Rate	[2],[9],[21],[22],[24]				10.98%
Principal Amount, Par Value	[2],[9],[22]				$ 2,137
Cost	[2],[9],[22]				2,119
Fair Value	[2],[9],[22]				2,095
Investment, Identifier [Axis]: CCBlue Bidco, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				5,826
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (117)
Percent of Net Assets	[2],[9],[22]				(0.01%)
Investment, Identifier [Axis]: CCBlue Bidco, Inc., First lien 1
Spread	[1],[4],[6],[20],[23]		3.50%
PIK	[1],[4],[6],[20],[23]		2.75%
Interest Rate	[1],[4],[6],[20],[23]		11.74%
Principal Amount, Par Value	[1],[4],[6],[23]		$ 41,678
Cost	[1],[4],[6],[23]		41,366
Fair Value	[1],[4],[6],[23]		$ 39,761
Investment, Identifier [Axis]: CCBlue Bidco, Inc., First lien 2
Spread	[1],[4],[20],[23]		3.50%
PIK	[1],[4],[20],[23]		2.75%
Interest Rate	[1],[4],[20],[23]		11.75%
Principal Amount, Par Value	[1],[4],[23]		$ 2,166
Cost	[1],[4],[23]		2,162
Fair Value	[1],[4],[23]		$ 2,067
Investment, Identifier [Axis]: CFS Management, LLC, First lien - Drawn
Spread	[2],[9],[21],[22],[24]				6.25%
PIK	[2],[9],[21],[22],[24]				0.75%
Interest Rate			12.65%	[1],[4],[5],[20],[23]	11.84%	[2],[9],[21],[22],[24]
Principal Amount, Par Value			$ 365	[1],[4],[5],[23]	$ 372	[2],[9],[22],[24]
Cost			368	[1],[4],[5],[23]	372	[2],[9],[22],[24]
Fair Value			323	[1],[4],[5],[23]	347	[2],[9],[22],[24]
Investment, Identifier [Axis]: CFS Management, LLC, First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				764
Cost	[2],[9],[22]				(5)
Fair Value	[2],[9],[22]				$ (51)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: CFS Management, LLC, First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		764
Cost	[1],[4],[5]		(5)
Fair Value	[1],[4],[5]		$ (88)
Percent of Net Assets	[1],[4],[5]		(0.02%)
Investment, Identifier [Axis]: CFS Management, LLC, First lien 1
Spread			6.25%	[1],[4],[6],[20],[23]	6.25%	[2],[8],[9],[21],[24]
PIK			0.75%	[1],[4],[6],[20],[23]	0.75%	[2],[8],[9],[21],[24]
Interest Rate			12.65%	[1],[4],[20],[23]	11.84%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 23,833	[1],[4],[6],[23]	$ 24,251	[2],[8],[9],[24]
Cost			23,796	[1],[4],[6],[23]	24,178	[2],[8],[9],[24]
Fair Value			$ 21,101	[1],[4],[6],[23]	$ 22,644	[2],[8],[9],[24]
Investment, Identifier [Axis]: CFS Management, LLC, First lien 2
Spread			6.25%	[1],[4],[20],[23]	6.25%	[2],[9],[21],[24]
PIK			0.75%	[1],[4],[20],[23]	0.75%	[2],[9],[21],[24]
Interest Rate			12.65%	[1],[4],[20],[23]	11.84%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 5,609	[1],[4],[23]	$ 5,695	[2],[9],[24]
Cost			5,599	[1],[4],[23]	5,675	[2],[9],[24]
Fair Value			$ 4,966	[1],[4],[23]	$ 5,317	[2],[9],[24]
Investment, Identifier [Axis]: CFS Management, LLC, First lien 3
Spread			6.25%	[1],[4],[20],[23]	6.25%	[2],[9],[21],[24]
PIK			0.75%	[1],[4],[20],[23]	0.75%	[2],[9],[21],[24]
Interest Rate			12.65%	[1],[4],[20],[23]	11.84%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 2,129	[1],[4],[23]	$ 2,166	[2],[9],[24]
Cost			2,127	[1],[4],[23]	2,162	[2],[9],[24]
Fair Value			$ 1,885	[1],[4],[23]	$ 2,022	[2],[9],[24]
Investment, Identifier [Axis]: CFS Management, LLC, First lien 4
Spread	[1],[4],[5],[20],[23]		6.25%
PIK	[1],[4],[5],[20],[23]		0.75%
Investment, Identifier [Axis]: CG Group Holdings, LLC, First lien
Spread			6.75%	[1],[4],[6],[20],[23]	5.25%	[2],[8],[9],[21],[24]
PIK	[2],[8],[9],[21],[24]				2%
Interest Rate			14.14%	[1],[4],[6],[20],[23]	11.98%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 8,382	[1],[4],[6],[23]	$ 8,317	[2],[8],[9],[24]
Cost			8,318	[1],[4],[6],[23]	8,243	[2],[8],[9],[24]
Fair Value			$ 7,939	[1],[4],[6],[23]	$ 7,411	[2],[8],[9],[24]
Investment, Identifier [Axis]: CG Group Holdings, LLC, First lien - Drawn
Spread			6.75%	[1],[5],[20],[23]	5.25%	[2],[9],[21],[22],[24]
PIK			2%	[1],[4],[5],[6],[20],[23]	2%	[2],[9],[21],[22],[24]
Interest Rate			14.07%	[1],[4],[5],[20],[23]	11.63%	[2],[9],[21],[22],[24]
Principal Amount, Par Value			$ 930	[1],[4],[5],[23]	$ 916	[2],[9],[22],[24]
Cost			926	[1],[4],[5],[23]	910	[2],[9],[22],[24]
Fair Value			882	[1],[4],[5],[23]	817	[2],[9],[22],[24]
Investment, Identifier [Axis]: CG Group Holdings, LLC, First lien - Undrawn
Principal Amount, Par Value			226	[1],[4],[5]	226	[2],[9],[22]
Cost			(3)	[1],[4],[5]	(3)	[2],[9],[22]
Fair Value			$ (12)	[1],[4],[5]	$ (25)	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: CRCI Longhorn Holdings, Inc., Second lien
Spread			7.25%	[1],[4],[6],[20]	7.25%	[2],[9],[21]
Interest Rate			12.67%	[1],[4],[6],[20]	11.63%	[2],[9],[21]
Principal Amount, Par Value			$ 10,000	[1],[4],[6]	$ 10,000	[2],[9]
Cost			9,984	[1],[4],[6]	9,981	[2],[9]
Fair Value			$ 9,994	[1],[4],[6]	$ 9,531	[2],[9]
Percent of Net Assets			0.90%	[1],[4],[6]	0.87%	[2],[9]
Investment, Identifier [Axis]: Calabrio, Inc., First lien
Spread			7.13%	[1],[4],[20]	7%	[2],[9],[21]
Interest Rate			12.44%	[1],[4],[20]	11.73%	[2],[9],[21]
Principal Amount, Par Value			$ 5,979	[1],[4]	$ 5,979	[2],[9]
Cost			5,951	[1],[4]	5,945	[2],[9]
Fair Value			$ 5,829	[1],[4]	$ 5,979	[2],[9]
Investment, Identifier [Axis]: Calabrio, Inc., First lien - Drawn
Spread			7.13%	[1],[4],[5],[20]	7%	[2],[9],[21],[22]
Interest Rate			12.45%	[1],[4],[5],[20]	11.75%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 411	[1],[4],[5]	$ 411	[2],[9],[22]
Cost			411	[1],[4],[5]	410	[2],[9],[22]
Fair Value			401	[1],[4],[5]	411	[2],[9],[22]
Investment, Identifier [Axis]: Calabrio, Inc., First lien - Undrawn
Principal Amount, Par Value			309	[1],[4],[5]	309	[2],[9],[22]
Cost			(2)	[1],[4],[5]	(2)	[2],[9],[22]
Fair Value			$ (8)	[1],[4],[5]	$ 0	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	0%	[2],[9],[22]
Investment, Identifier [Axis]: Cloudera, Inc., Second lien
Spread			6%	[1],[20]	6%	[2],[21]
Interest Rate			11.42%	[1],[20]	10.38%	[2],[21]
Principal Amount, Par Value			$ 4,006	[1]	$ 4,006	[2]
Cost			3,998	[1]	3,998	[2]
Fair Value			$ 3,820	[1]	$ 3,360	[2]
Percent of Net Assets			0.34%	[1]	0.31%	[2]
Investment, Identifier [Axis]: Community Brands ParentCo, LLC, First lien
Spread	[2],[9],[21]				5.75%
Interest Rate	[2],[9],[21]				10.17%
Principal Amount, Par Value	[2],[9]				$ 7,163
Cost	[2],[9]				7,100
Fair Value	[2],[9]				$ 6,928
Percent of Net Assets	[2],[9]				0.63%
Investment, Identifier [Axis]: Community Brands ParentCo, LLC, First lien
Spread	[1],[4],[20]		5.50%
Interest Rate	[1],[4],[20]		11.02%
Principal Amount, Par Value	[1],[4]		$ 7,109
Cost	[1],[4]		7,053
Fair Value	[1],[4]		$ 6,934
Percent of Net Assets	[1],[4]		0.63%
Investment, Identifier [Axis]: Community Brands ParentCo, LLC, First lien - Undrawn 1
Principal Amount, Par Value			$ 425	[1],[4],[5]	$ 425	[2],[9],[22]
Cost			(3)	[1],[4],[5]	(4)	[2],[9],[22]
Fair Value			(10)	[1],[4],[5]	(14)	[2],[9],[22]
Investment, Identifier [Axis]: Community Brands ParentCo, LLC, First lien - Undrawn 2
Principal Amount, Par Value			849	[1],[4],[5]	849	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(21)	[1],[4],[5]	(28)	[2],[9],[22]
Investment, Identifier [Axis]: Coyote Buyer, LLC First Lien Undrawn
Principal Amount, Par Value	[1],[4],[5]		178
Cost	[1],[4],[5]		(1)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Coyote Buyer, LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		6%
Interest Rate	[1],[4],[5],[20]		11.50%
Principal Amount, Par Value	[1],[4],[5]		$ 414
Cost	[1],[4],[5]		414
Fair Value	[1],[4],[5]		$ 414
Investment, Identifier [Axis]: Coyote Buyer, LLC, First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				592
Cost	[2],[9],[22]				(1)
Fair Value	[2],[9],[22]				$ 0
Percent of Net Assets	[2],[9],[22]				0%
Investment, Identifier [Axis]: Coyote Buyer, LLC, First lien 1
Spread			6%	[1],[4],[6],[20]	6%	[2],[8],[9],[21]
Interest Rate			11.52%	[1],[4],[6],[20]	10.41%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 7,999	[1],[4],[6]	$ 8,061	[2],[8],[9]
Cost			7,982	[1],[4],[6]	8,038	[2],[8],[9]
Fair Value			$ 7,999	[1],[4],[6]	$ 8,061	[2],[8],[9]
Investment, Identifier [Axis]: Coyote Buyer, LLC, First lien 2
Spread			8%	[1],[4],[6],[20]	8%	[2],[8],[9],[21]
Interest Rate			13.57%	[1],[4],[6],[20]	12.73%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 1,439	[1],[4],[6]	$ 1,451	[2],[8],[9]
Cost			1,431	[1],[4],[6]	1,441	[2],[8],[9]
Fair Value			1,439	[1],[4],[6]	$ 1,451	[2],[8],[9]
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		23
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		$ (1)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First lien - Drawn
Spread			6.50%	[1],[4],[5],[20]	6.41%	[2],[9],[21],[22]
Interest Rate			11.89%	[1],[4],[5],[20]	10.14%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 1,878	[1],[4],[5]	$ 1,374	[2],[9],[22]
Cost			1,854	[1],[4],[5]	1,365	[2],[9],[22]
Fair Value			$ 1,828	[1],[4],[5]	1,347	[2],[9],[22]
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				218
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (4)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First lien - Undrawn 2
Principal Amount, Par Value	[2],[22]				$ 1,906
Cost	[2],[22]				0
Fair Value	[2],[22]				$ (29)
Percent of Net Assets	[2],[22]				(0.00%)
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First lien 1
Spread			6.41%	[1],[4],[6],[20]	6.41%	[2],[8],[9],[21]
Interest Rate			11.80%	[1],[4],[6],[20]	10.39%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 9,441	[1],[4],[6]	$ 9,520	[2],[8],[9]
Cost			9,391	[1],[4],[6]	9,464	[2],[8],[9]
Fair Value			$ 9,158	[1],[4],[6]	$ 9,336	[2],[8],[9]
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First lien 2
Spread			6.41%	[1],[4],[20]	6.41%	[2],[9],[21]
Interest Rate			11.80%	[1],[4],[20]	10.73%	[2],[9],[21]
Principal Amount, Par Value			$ 4,959	[1],[4]	$ 4,997	[2],[9]
Cost			4,940	[1],[4]	4,975	[2],[9]
Fair Value			$ 4,810	[1],[4]	$ 4,900	[2],[9]
Investment, Identifier [Axis]: DCA Investment Holding, LLC, First lien 3
Spread	[1],[4],[20]		6.41%
Interest Rate	[1],[4],[20]		11.80%
Principal Amount, Par Value	[1],[4]		$ 1,579
Cost	[1],[4]		1,570
Fair Value	[1],[4]		$ 1,532
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien
Spread	[2],[8],[9],[21]				5.75%
Interest Rate	[2],[8],[9],[21]				10.48%
Principal Amount, Par Value	[2],[8],[9]				$ 28,666
Cost	[2],[8],[9]				28,424
Fair Value	[2],[8],[9]				$ 27,433
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien - Drawn
Spread	[1],[20]		5.75%
Interest Rate	[1],[20]		11.24%
Principal Amount, Par Value	[1]		$ 1,528
Cost	[1]		1,520
Fair Value	[1]		1,481
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien - Drawn 1
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				10.48%
Principal Amount, Par Value	[2],[9],[22]				$ 3,017
Cost	[2],[9],[22]				2,993
Fair Value	[2],[9],[22]				$ 2,888
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien - Drawn 2
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				10.48%
Principal Amount, Par Value	[2],[9],[22]				$ 1,986
Cost	[2],[9],[22]				1,971
Fair Value	[2],[9],[22]				1,901
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		764
Cost	[1],[4],[5]		(8)
Fair Value	[1],[4],[5]		$ (23)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				306
Cost	[2],[9],[22]				(3)
Fair Value	[2],[9],[22]				(13)
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				6,875
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (296)
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien 1
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		11.24%
Principal Amount, Par Value	[1],[4]		$ 28,448
Cost	[1],[4]		28,233
Fair Value	[1],[4]		$ 27,584
Investment, Identifier [Axis]: DECA Dental Holdings LLC, First lien 2
Spread	[1],[4],[5],[20]		5.75%
Interest Rate	[1],[4],[5],[20]		11.24%
Principal Amount, Par Value	[1],[4],[5]		$ 2,995
Cost	[1],[4],[5]		2,988
Fair Value	[1],[4],[5]		$ 2,904
Investment, Identifier [Axis]: DG Investment Intermediate Holdings 2, Inc., Second lien
Spread			6.75%	[1],[20]	6.75%	[2],[21]
Interest Rate			12.18%	[1],[20]	11.07%	[2],[21]
Principal Amount, Par Value			$ 12,188	[1]	$ 12,188	[2]
Cost			12,164	[1]	12,162	[2]
Fair Value			$ 10,828	[1]	$ 10,832	[2]
Percent of Net Assets			0.98%	[1]	0.99%	[2]
Investment, Identifier [Axis]: DOCS, MSO, LLC, First lien
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.18%	[1],[4],[6],[20]	10.54%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 21,036	[1],[4],[6]	$ 21,195	[2],[8],[9]
Cost			21,036	[1],[4],[6]	21,195	[2],[8],[9]
Fair Value			$ 20,703	[1],[4],[6]	$ 20,614	[2],[8],[9]
Percent of Net Assets			1.87%	[1],[4],[6]	1.89%	[2],[8],[9]
Investment, Identifier [Axis]: DOCS, MSO, LLC, First lien - Undrawn 1
Principal Amount, Par Value			$ 1,977	[1],[4],[5]	$ 1,977	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(31)	[1],[4],[5]	(54)	[2],[9],[22]
Investment, Identifier [Axis]: DOCS, MSO, LLC, First lien - Undrawn 2
Principal Amount, Par Value			3,459	[1],[4],[5]	7,412	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(55)	[1],[4],[5]	$ (203)	[2],[9],[22]
Investment, Identifier [Axis]: Daxko Acquisition Corporation, First lien - Drawn
Spread	[2],[9],[21],[22]				4.50%
Interest Rate	[2],[9],[21],[22]				12%
Principal Amount, Par Value	[2],[9],[22]				$ 44
Cost	[2],[9],[22]				47
Fair Value	[2],[9],[22]				43
Investment, Identifier [Axis]: Daxko Acquisition Corporation, First lien - Undrawn 1
Principal Amount, Par Value			708	[1],[4],[5]	708	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(12)	[1],[4],[5]	(20)	[2],[9],[22]
Investment, Identifier [Axis]: Daxko Acquisition Corporation, First lien - Undrawn 2
Principal Amount, Par Value			1,165	[1],[4],[5]	1,287	[2],[9],[22]
Cost			(12)	[1],[4],[5]	(13)	[2],[9],[22]
Fair Value			$ (17)	[1],[4],[5]	$ (36)	[2],[9],[22]
Investment, Identifier [Axis]: Daxko Acquisition Corporation, First lien 1
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.92%	[1],[4],[6],[20]	9.88%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 17,614	[1],[4],[6]	$ 17,748	[2],[8],[9]
Cost			17,478	[1],[4],[6]	17,596	[2],[8],[9]
Fair Value			$ 17,314	[1],[4],[6]	$ 17,251	[2],[8],[9]
Investment, Identifier [Axis]: Daxko Acquisition Corporation, First lien 2
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			10.92%	[1],[4],[20]	9.88%	[2],[9],[21]
Principal Amount, Par Value			$ 1,484	[1],[4]	$ 1,495	[2],[9]
Cost			1,476	[1],[4]	1,482	[2],[9]
Fair Value			1,459	[1],[4]	$ 1,453	[2],[9]
Investment, Identifier [Axis]: Dealer Tire Holdings, LLC, Preferred shares
Principal Amount, Par Value	[1],[4]		30,082
Principal Amount, Shares (in shares)	[2],[9],[26]				30,082
Cost			34,857	[1],[4]	$ 34,857	[2],[9],[26]
Fair Value			$ 35,678	[1],[4]	$ 35,116	[2],[9],[26]
Percent of Net Assets			3.22%	[1],[4]	3.22%	[2],[9],[26]
Investment, Identifier [Axis]: Diamondback Acquisition, Inc., First Lien
Spread	[1],[4],[6],[20]		5.50%
Interest Rate	[1],[4],[6],[20]		10.92%
Principal Amount, Par Value	[1],[4],[6]		$ 42,304
Cost	[1],[4],[6]		41,982
Fair Value	[1],[4],[6]		$ 40,011
Percent of Net Assets	[1]		3.61%
Investment, Identifier [Axis]: Diamondback Acquisition, Inc., First lien
Spread	[2],[8],[9],[21]				5.50%
Interest Rate	[2],[8],[9],[21]				9.88%
Principal Amount, Par Value	[2],[8],[9]				$ 42,628
Cost	[2],[8],[9]				42,266
Fair Value	[2],[8],[9]				$ 41,647
Percent of Net Assets	[2],[8],[9]				3.82%
Investment, Identifier [Axis]: Diamondback Acquisition, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 7,203
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (166)
Percent of Net Assets	[2],[9],[22]				(0.02%)
Investment, Identifier [Axis]: Diligent Corporation, First lien - Drawn
Spread			6.25%	[1],[4],[5],[20]	6.25%	[2],[9],[21],[22]
Interest Rate			11.77%	[1],[4],[5],[20]	10.63%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 957	[1],[4],[5]	$ 700	[2],[9],[22]
Cost			968	[1],[4],[5]	712	[2],[9],[22]
Fair Value			933	[1],[4],[5]	700	[2],[9],[22]
Investment, Identifier [Axis]: Diligent Corporation, First lien - Undrawn
Principal Amount, Par Value			1,378	[1],[4],[5],[14]	1,634	[2],[9],[15],[22]
Cost			(17)	[1],[4],[5],[14]	(20)	[2],[9],[15],[22]
Fair Value			$ (34)	[1],[4],[5],[14]	$ 0	[2],[9],[15],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5],[14]	0%	[2],[9],[15],[22]
Investment, Identifier [Axis]: Diligent Corporation, First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.27%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 8,309	[1],[4],[6]	$ 8,373	[2],[8],[9]
Cost			8,290	[1],[4],[6]	8,346	[2],[8],[9]
Fair Value			$ 8,067	[1],[4],[6]	$ 8,272	[2],[8],[9]
Investment, Identifier [Axis]: Diligent Corporation, First lien 2
Spread			6.25%	[1],[4],[6],[20]	6.25%	[2],[8],[9],[21]
Interest Rate			11.77%	[1],[4],[6],[20]	10.63%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 7,317	[1],[4],[6]	$ 7,374	[2],[8],[9]
Cost			7,279	[1],[4],[6]	7,322	[2],[8],[9]
Fair Value			$ 7,134	[1],[4],[6]	$ 7,374	[2],[8],[9]
Investment, Identifier [Axis]: Diligent Corporation, First lien 3
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.27%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 4,633	[1],[4],[6]	$ 4,669	[2],[8],[9]
Cost			4,623	[1],[4],[6]	4,654	[2],[8],[9]
Fair Value			$ 4,499	[1],[4],[6]	$ 4,613	[2],[8],[9]
Investment, Identifier [Axis]: Diligent Corporation, First lien 4
Spread			6.25%	[1],[4],[20]	6.25%	[2],[9],[21]
Interest Rate			11.77%	[1],[4],[20]	10.63%	[2],[9],[21]
Principal Amount, Par Value			$ 612	[1],[4]	$ 617	[2],[9]
Cost			609	[1],[4]	613	[2],[9]
Fair Value			$ 594	[1],[4]	$ 609	[2],[9]
Investment, Identifier [Axis]: Diligent Corporation, First lien 5
Spread			6.25%	[1],[4],[20]	6.25%	[2],[9],[21]
Interest Rate			11.77%	[1],[4],[20]	10.63%	[2],[9],[21]
Principal Amount, Par Value			$ 386	[1],[4]	$ 389	[2],[9]
Cost			384	[1],[4]	386	[2],[9]
Fair Value			$ 376	[1],[4]	$ 389	[2],[9]
Investment, Identifier [Axis]: Diligent Preferred Issuer, Inc., Preferred shares
Principal Amount, Shares (in shares)			5,000	[1],[4]	5,000	[2],[9],[15]
Cost			$ 6,065	[1],[4]	$ 5,759	[2],[9],[15]
Fair Value			$ 5,622	[1],[4]	$ 5,652	[2],[9],[15]
Percent of Net Assets			0.51%	[1],[4]	0.52%	[2],[9],[15]
Investment, Identifier [Axis]: EAB Global, Inc., Second lien
Spread			6.50%	[1],[4],[20]	6.50%	[2],[9],[21]
Interest Rate			11.95%	[1],[4],[20]	10.69%	[2],[9],[21]
Principal Amount, Par Value			$ 16,548	[1],[4]	$ 16,548	[2],[9]
Cost			16,350	[1],[4]	16,332	[2],[9]
Fair Value			$ 16,260	[1],[4]	$ 16,023	[2],[9]
Percent of Net Assets			1.47%	[1],[4]	1.47%	[2],[9]
Investment, Identifier [Axis]: Eisner Advisory Group LLC, First lien
Spread	[2],[8],[9],[21]				5.25%
Interest Rate	[2],[8],[9],[21]				9.69%
Principal Amount, Par Value	[2],[8],[9]				$ 25,317
Cost	[2],[8],[9]				25,211
Fair Value	[2],[8],[9]				$ 24,193
Percent of Net Assets	[2],[8],[9]				2.22%
Investment, Identifier [Axis]: FS WhiteWater Borrower, LLC, First lien - Drawn
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				10.50%
Principal Amount, Par Value	[2],[9],[22]				$ 834
Cost	[2],[9],[22]				830
Fair Value	[2],[9],[22]				811
Investment, Identifier [Axis]: FS WhiteWater Borrower, LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		5.75%
Interest Rate	[1],[4],[5],[20]		11.22%
Principal Amount, Par Value	[1],[4],[5]		$ 238
Cost	[1],[4],[5]		243
Fair Value	[1],[4],[5]		234
Investment, Identifier [Axis]: FS WhiteWater Borrower, LLC, First lien - Undrawn
Principal Amount, Par Value			2,145	[1],[4],[5]	1,549	[2],[9],[22]
Cost			(21)	[1],[4],[5]	(15)	[2],[9],[22]
Fair Value			$ (36)	[1],[4],[5]	$ (42)	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: FS WhiteWater Borrower, LLC, First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.29%	[1],[4],[6],[20]	10.48%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 17,566	[1],[4],[6]	$ 17,700	[2],[8],[9]
Cost			17,433	[1],[4],[6]	17,548	[2],[8],[9]
Fair Value			$ 17,274	[1],[4],[6]	$ 17,215	[2],[8],[9]
Investment, Identifier [Axis]: FS WhiteWater Borrower, LLC, First lien 2
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.31%	[1],[4],[20]	10.48%	[2],[9],[21]
Principal Amount, Par Value			$ 5,896	[1],[4]	$ 5,941	[2],[9]
Cost			5,851	[1],[4]	5,890	[2],[9]
Fair Value			$ 5,798	[1],[4]	$ 5,777	[2],[9]
Investment, Identifier [Axis]: FS WhiteWater Borrower, LLC, First lien 3
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.29%	[1],[4],[20]	10.48%	[2],[9],[21]
Principal Amount, Par Value			$ 5,859	[1],[4]	$ 5,904	[2],[9]
Cost			5,815	[1],[4]	5,853	[2],[9]
Fair Value			5,762	[1],[4]	5,742	[2],[9]
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First Lien - Undrawn 1
Principal Amount, Par Value	[1],[4],[5]		3,953
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		0
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First Lien - Undrawn 2
Principal Amount, Par Value	[1],[4],[5]		1,325
Cost	[1],[4],[5]		(13)
Fair Value	[1],[4],[5]		$ 0
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		5.25%
Interest Rate	[1],[4],[5],[20]		10.79%
Principal Amount, Par Value	[1],[4],[5]		$ 465
Cost	[1],[4],[5]		465
Fair Value	[1],[4],[5]		$ 465
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				1,790
Cost	[2],[9],[22]				(16)
Fair Value	[2],[9],[22]				(18)
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				4,192
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (42)
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First lien 1
Spread			5.25%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.82%	[1],[4],[6],[20]	9.88%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 27,107	[1],[4],[6]	$ 27,313	[2],[8],[9]
Cost			26,893	[1],[4],[6]	27,065	[2],[8],[9]
Fair Value			$ 27,107	[1],[4],[6]	$ 27,039	[2],[8],[9]
Investment, Identifier [Axis]: Foreside Financial Group, LLC, First lien 2
Spread			5.25%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			10.82%	[1],[4],[20]	9.88%	[2],[9],[21]
Principal Amount, Par Value			$ 1,994	[1],[4]	$ 1,770	[2],[9]
Cost			1,979	[1],[4]	1,754	[2],[9]
Fair Value			$ 1,994	[1],[4]	$ 1,752	[2],[9]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien - Drawn
Spread	[2],[9],[21],[22]				5%
Interest Rate	[2],[9],[21],[22]				10.83%
Principal Amount, Par Value	[2],[9],[22]				$ 390
Cost	[2],[9],[22]				392
Fair Value	[2],[9],[22]				381
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		5.50%
Interest Rate	[1],[4],[5],[20]		11%
Principal Amount, Par Value	[1],[4],[5]		$ 320
Cost	[1],[4],[5]		318
Fair Value	[1],[4],[5]		316
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien - Undrawn 1
Principal Amount, Par Value			2,928	[1],[4],[5]	83	[2],[9],[22]
Cost			(20)	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(32)	[1],[4],[5]	(2)	[2],[9],[22]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien - Undrawn 2
Principal Amount, Par Value			4,681	[1],[4],[5]	2,538	[2],[9],[22]
Cost			0	[1],[4],[5]	(25)	[2],[9],[22]
Fair Value			$ (51)	[1],[4],[5]	(59)	[2],[9],[22]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien - Undrawn 3
Principal Amount, Par Value	[2],[9],[22]				5,001
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (117)
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien 1
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			11.04%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 20,714	[1],[4],[6]	$ 20,872	[2],[8],[9]
Cost			20,554	[1],[4],[6]	20,693	[2],[8],[9]
Fair Value			$ 20,486	[1],[4],[6]	$ 20,384	[2],[8],[9]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien 2
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			11.04%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 8,339	[1],[4]	$ 8,403	[2],[9]
Cost			8,285	[1],[4]	8,332	[2],[9]
Fair Value			$ 8,247	[1],[4]	$ 8,206	[2],[9]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien 3
Spread	[1],[4],[20]		5.50%
Interest Rate	[1],[4],[20]		10.99%
Principal Amount, Par Value	[1],[4]		$ 83
Cost	[1],[4]		73
Fair Value	[1],[4]		$ 82
Investment, Identifier [Axis]: Foundational Education Group, Inc., Second lien
Spread			6.50%	[1],[4],[20]	6.50%	[2],[9],[21]
Interest Rate			12.13%	[1],[4],[20]	11.34%	[2],[9],[21]
Principal Amount, Par Value			$ 19,705	[1],[4]	$ 19,706	[2],[9]
Cost			19,641	[1],[4]	19,636	[2],[9]
Fair Value			$ 19,242	[1],[4]	$ 18,226	[2],[9]
Percent of Net Assets			1.74%	[1],[4]	1.67%	[2],[9]
Investment, Identifier [Axis]: GC Waves Holdings, Inc., First lien
Spread			6%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			11.42%	[1],[4],[6],[20]	9.88%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 10,471	[1],[4],[6]	$ 10,551	[2],[8],[9]
Cost			10,405	[1],[4],[6]	10,471	[2],[8],[9]
Fair Value			$ 10,471	[1],[4],[6]	$ 10,424	[2],[8],[9]
Percent of Net Assets			0.94%	[1],[4],[6]	0.96%	[2],[8],[9]
Investment, Identifier [Axis]: GS Acquisitionco, Inc. First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 2,362
Cost	[1],[4],[5]		(7)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: GS Acquisitionco, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 2,362
Cost	[2],[9],[22]				(8)
Fair Value	[2],[9],[22]				$ (21)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: GS Acquisitionco, Inc., First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.29%	[1],[4],[6],[20]	9.92%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 43,826	[1],[4],[6]	$ 44,167	[2],[8],[9]
Cost			43,709	[1],[4],[6]	44,021	[2],[8],[9]
Fair Value			$ 43,826	[1],[4],[6]	$ 43,774	[2],[8],[9]
Investment, Identifier [Axis]: GS Acquisitionco, Inc., First lien 2
Spread			5.75%	[1],[4],[20]	5.75%	[2],[9],[21]
Interest Rate			11.29%	[1],[4],[20]	9.92%	[2],[9],[21]
Principal Amount, Par Value			$ 9,168	[1],[4]	$ 9,239	[2],[9]
Cost			9,161	[1],[4]	9,231	[2],[9]
Fair Value			9,168	[1],[4]	9,158	[2],[9]
Investment, Identifier [Axis]: Galway Borrower LLC, First Lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		2,341
Cost	[1],[4],[5]		(16)
Fair Value	[1],[4],[5]		$ 0
Investment, Identifier [Axis]: Galway Borrower LLC, First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				340
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				(5)
Investment, Identifier [Axis]: Galway Borrower LLC, First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				2,341
Cost	[2],[9],[22]				(19)
Fair Value	[2],[9],[22]				$ (37)
Investment, Identifier [Axis]: Galway Borrower LLC, First lien 1
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.74%	[1],[4],[6],[20]	9.98%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 32,210	[1],[4],[6]	$ 32,456	[2],[8],[9]
Cost			31,963	[1],[4],[6]	32,179	[2],[8],[9]
Fair Value			$ 32,210	[1],[4],[6]	$ 31,936	[2],[8],[9]
Investment, Identifier [Axis]: Galway Borrower LLC, First lien 2
Spread			5.25%	[1],[20]	5.25%	[2],[9],[21]
Interest Rate			10.74%	[1],[20]	9.98%	[2],[9],[21]
Principal Amount, Par Value			$ 4,320	[1]	$ 4,353	[2],[9]
Cost			4,289	[1]	4,303	[2],[9]
Fair Value			$ 4,320	[1]	$ 4,283	[2],[9]
Investment, Identifier [Axis]: Galway Borrower LLC, First lien 3
Spread	[1],[4],[6],[20]		5.25%
Interest Rate	[1],[4],[6],[20]		10.74%
Principal Amount, Par Value	[1],[4],[6]		$ 340
Cost	[1],[4],[6]		323
Fair Value	[1],[4],[6]		340
Investment, Identifier [Axis]: Granicus Inc, First Lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		652
Cost	[1],[4],[5]		(5)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Granicus, Inc., First lien - Drawn
Spread			6.50%	[1],[4],[5],[20]	6.50%	[2],[9],[21],[22]
Interest Rate			11.96%	[1],[4],[5],[20]	10.69%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 555	[1],[4],[5]	$ 405	[2],[9],[22]
Cost			555	[1],[4],[5]	405	[2],[9],[22]
Fair Value			$ 555	[1],[4],[5]	405	[2],[9],[22]
Investment, Identifier [Axis]: Granicus, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				802
Cost	[2],[9],[22]				(6)
Fair Value	[2],[9],[22]				$ 0
Percent of Net Assets	[2],[9],[22]				0%
Investment, Identifier [Axis]: Granicus, Inc., First lien 1
Spread			5.50%	[1],[4],[6],[20],[23]	5.50%	[2],[8],[9],[21],[24]
PIK			1.50%	[1],[4],[6],[20],[23]	1.50%	[2],[8],[9],[21],[24]
Interest Rate			12.47%	[1],[4],[6],[20]	11.14%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 10,667	[1],[4],[6]	$ 10,641	[2],[8],[9],[24]
Cost			10,618	[1],[4],[6]	10,583	[2],[8],[9],[24]
Fair Value			$ 10,667	[1],[4],[6]	$ 10,641	[2],[8],[9],[24]
Investment, Identifier [Axis]: Granicus, Inc., First lien 2
Spread			5.50%	[1],[4],[20],[23]	5.50%	[2],[9],[21],[24]
PIK			1.50%	[1],[4],[20],[23]	1.50%	[2],[9],[21],[24]
Interest Rate			12.47%	[1],[4],[20]	11.14%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 2,987	[1],[4]	$ 2,980	[2],[9],[24]
Cost			2,973	[1],[4]	2,963	[2],[9],[24]
Fair Value			$ 2,987	[1],[4]	$ 2,980	[2],[9],[24]
Investment, Identifier [Axis]: Granicus, Inc., First lien 3
Spread			6%	[1],[4],[20]	6%	[2],[9],[21]
Interest Rate			11.47%	[1],[4],[20]	10.14%	[2],[9],[21]
Principal Amount, Par Value			$ 2,277	[1],[4]	$ 2,290	[2],[9]
Cost			2,262	[1],[4]	2,272	[2],[9]
Fair Value			$ 2,277	[1],[4]	2,290	[2],[9]
Investment, Identifier [Axis]: GraphPAD Software, LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		5%
Interest Rate	[1],[4],[5],[20]		13.50%
Principal Amount, Par Value	[1],[4],[5]		$ 750
Cost	[1],[4],[5]		749
Fair Value	[1],[4],[5]		740
Investment, Identifier [Axis]: GraphPAD Software, LLC, First lien - Undrawn 1
Principal Amount, Par Value			750	[1],[4],[5]	1,500	[2],[9],[22]
Cost			(4)	[1],[4],[5]	(5)	[2],[9],[22]
Fair Value			(10)	[1],[4],[5]	(27)	[2],[9],[22]
Investment, Identifier [Axis]: GraphPAD Software, LLC, First lien - Undrawn 2
Principal Amount, Par Value			9,932	[1],[4],[5]	9,932	[2],[9],[22]
Cost			(33)	[1],[4],[5]	(40)	[2],[9],[22]
Fair Value			$ (135)	[1],[4],[5]	$ (176)	[2],[9],[22]
Investment, Identifier [Axis]: GraphPAD Software, LLC, First lien 1
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			11.22%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 17,891	[1],[4],[6]	$ 18,027	[2],[8],[9]
Cost			17,827	[1],[4],[6]	17,953	[2],[8],[9]
Fair Value			$ 17,647	[1],[4],[6]	$ 17,708	[2],[8],[9]
Investment, Identifier [Axis]: GraphPAD Software, LLC, First lien 2
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.87%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 10,264	[1],[4],[6]	$ 10,343	[2],[8],[9]
Cost			10,230	[1],[4],[6]	10,302	[2],[8],[9]
Fair Value			$ 10,124	[1],[4],[6]	$ 10,159	[2],[8],[9]
Investment, Identifier [Axis]: GraphPAD Software, LLC, First lien 3
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			11.22%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 1,578	[1],[4],[6]	$ 1,590	[2],[8],[9]
Cost			1,573	[1],[4],[6]	1,584	[2],[8],[9]
Fair Value			$ 1,557	[1],[4],[6]	$ 1,562	[2],[8],[9]
Investment, Identifier [Axis]: HS Purchaser, LLC / Help/Systems Holdings, Inc., Second lien
Spread			6.75%	[1],[4],[20]	6.75%	[2],[9],[21]
Interest Rate			12.35%	[1],[4],[20]	10.94%	[2],[9],[21]
Principal Amount, Par Value			$ 18,881	[1],[4]	$ 18,882	[2],[9]
Cost			18,882	[1],[4]	18,882	[2],[9]
Fair Value			$ 18,081	[1],[4]	$ 17,966	[2],[9]
Percent of Net Assets			1.63%	[1],[4]	1.65%	[2],[9]
Investment, Identifier [Axis]: Huskies Parent, Inc., First lien
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			11.04%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 8,397	[1],[4],[6]	$ 8,461	[2],[8],[9]
Cost			8,347	[1],[4],[6]	8,405	[2],[8],[9]
Fair Value			$ 8,219	[1],[4],[6]	$ 8,331	[2],[8],[9]
Investment, Identifier [Axis]: Huskies Parent, Inc., First lien - 2
Spread	[1],[4],[20]		5.50%
Interest Rate	[1],[4],[20]		11.04%
Principal Amount, Par Value	[1],[4]		$ 724
Cost	[1],[4]		720
Fair Value	[1],[4]		708
Investment, Identifier [Axis]: Huskies Parent, Inc., First lien - Drawn
Spread	[2],[9],[21],[22]				5.50%
Interest Rate	[2],[9],[21],[22]				10.23%
Principal Amount, Par Value	[2],[9],[22]				$ 511
Cost	[2],[9],[22]				508
Fair Value	[2],[9],[22]				503
Investment, Identifier [Axis]: Huskies Parent, Inc., First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				213
Cost	[2],[9],[22]				(2)
Fair Value	[2],[9],[22]				(3)
Investment, Identifier [Axis]: Huskies Parent, Inc., First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				751
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (12)
Investment, Identifier [Axis]: Huskies Parent, Inc., First lien Undrawn
Principal Amount, Par Value	[1],[4],[5]		751
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		$ (16)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: IG Investment Holdings, LLC, First Lien
Spread	[1],[4],[6],[20]		6%
Interest Rate	[1],[4],[6],[20]		11.45%
Principal Amount, Par Value	[1],[4],[6]		$ 39,041
Cost	[1],[4],[6]		38,741
Fair Value	[1],[4],[6]		$ 38,522
Percent of Net Assets	[1]		3.47%
Investment, Identifier [Axis]: IG Investments Holdings, LLC, First lien
Spread	[2],[8],[9],[21]				6%
Interest Rate	[2],[8],[9],[21]				10.38%
Principal Amount, Par Value	[2],[8],[9]				$ 39,340
Cost	[2],[8],[9]				39,004
Fair Value	[2],[8],[9]				$ 38,797
Investment, Identifier [Axis]: IG Investments Holdings, LLC, First lien - Drawn
Spread	[2],[9],[21],[22]				6%
Interest Rate	[2],[9],[21],[22]				10.39%
Principal Amount, Par Value	[2],[9],[22]				$ 1,241
Cost	[2],[9],[22]				1,235
Fair Value	[2],[9],[22]				1,224
Investment, Identifier [Axis]: IG Investments Holdings, LLC, First lien - Undrawn
Principal Amount, Par Value			$ 3,103	[1],[4],[5]	1,862	[2],[9],[22]
Cost			(21)	[1],[4],[5]	(19)	[2],[9],[22]
Fair Value			$ (41)	[1],[4],[5]	$ (26)	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: IMO Investor Holdings, Inc., First lien
Spread			6%	[1],[4],[6],[20]	6%	[2],[8],[9],[21]
Interest Rate			11.36%	[1],[4],[6],[20]	10.62%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 5,237	[1],[4],[6]	$ 5,277	[2],[8],[9]
Cost			5,193	[1],[4],[6]	5,228	[2],[8],[9]
Fair Value			$ 5,122	[1],[4],[6]	$ 5,224	[2],[8],[9]
Investment, Identifier [Axis]: IMO Investor Holdings, Inc., First lien - Drawn
Spread	[2],[9],[21],[22]				6%
Interest Rate	[2],[9],[21],[22]				10.61%
Principal Amount, Par Value	[2],[9],[22]				$ 120
Cost	[2],[9],[22]				119
Fair Value	[2],[9],[22]				118
Investment, Identifier [Axis]: IMO Investor Holdings, Inc., First lien - Drawn 1
Spread	[1],[4],[5],[20]		6%
Interest Rate	[1],[4],[5],[20]		11.04%
Principal Amount, Par Value	[1],[4],[5]		$ 338
Cost	[1],[4],[5]		336
Fair Value	[1],[4],[5]		$ 331
Investment, Identifier [Axis]: IMO Investor Holdings, Inc., First lien - Drawn 2
Spread	[1],[4],[5],[20]		6%
Interest Rate	[1],[4],[5],[20]		11.42%
Principal Amount, Par Value	[1],[4],[5]		$ 101
Cost	[1],[4],[5]		101
Fair Value	[1],[4],[5]		99
Investment, Identifier [Axis]: IMO Investor Holdings, Inc., First lien - Undrawn 1
Principal Amount, Par Value			529	[1],[4],[5]	510	[2],[9],[22]
Cost			(5)	[1],[4],[5]	(5)	[2],[9],[22]
Fair Value			(12)	[1],[4],[5]	(5)	[2],[9],[22]
Investment, Identifier [Axis]: IMO Investor Holdings, Inc., First lien - Undrawn 2
Principal Amount, Par Value			920	[1],[4],[5]	1,260	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ (20)	[1],[4],[5]	$ (13)	[2],[9],[22]
Investment, Identifier [Axis]: Icebox Holdco III, Inc., Second lien
Spread			6.75%	[1],[4],[6],[20]	6.75%	[2],[8],[9],[21]
Interest Rate			12.40%	[1],[4],[6],[20]	11.48%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 30,000	[1],[4],[6]	$ 30,000	[2],[8],[9]
Cost			29,874	[1],[4],[6]	29,864	[2],[8],[9]
Fair Value			$ 28,644	[1],[4],[6]	$ 28,550	[2],[8],[9]
Percent of Net Assets			2.58%	[1],[4],[6]	2.62%	[2],[8],[9]
Investment, Identifier [Axis]: Idera, Inc., Second lien
Spread			6.75%	[1],[4],[20]	6.75%	[2],[9],[21]
Interest Rate			12.27%	[1],[4],[20]	10.50%	[2],[9],[21]
Principal Amount, Par Value			$ 26,250	[1],[4]	$ 26,250	[2],[9]
Cost			26,292	[1],[4]	26,296	[2],[9]
Fair Value			$ 25,893	[1],[4]	$ 24,696	[2],[9]
Percent of Net Assets			2.34%	[1]	2.26%	[2],[9]
Investment, Identifier [Axis]: Infogain Corporation, First Lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 1,854
Cost	[1],[4],[5]		(8)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Infogain Corporation, First lien - Drawn
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				10.17%
Principal Amount, Par Value	[2],[9],[22]				$ 517
Cost	[2],[9],[22]				517
Fair Value	[2],[9],[22]				508
Investment, Identifier [Axis]: Infogain Corporation, First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				1,336
Cost	[2],[9],[22]				(10)
Fair Value	[2],[9],[22]				$ (25)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: Infogain Corporation, First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.17%	[1],[4],[6],[20]	10.17%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 9,082	[1],[4],[6]	$ 9,152	[2],[8],[9]
Cost			9,031	[1],[4],[6]	9,094	[2],[8],[9]
Fair Value			$ 9,082	[1],[4],[6]	$ 8,981	[2],[8],[9]
Investment, Identifier [Axis]: Infogain Corporation, First lien 2
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.17%	[1],[4],[6],[20]	10.17%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 1,568	[1],[4],[6]	$ 1,580	[2],[8],[9]
Cost			1,555	[1],[4],[6]	1,565	[2],[8],[9]
Fair Value			$ 1,568	[1],[4],[6]	$ 1,550	[2],[8],[9]
Investment, Identifier [Axis]: Infogain Corporation, Subordinated
Spread			8.25%	[1],[4],[20]	8.25%	[2],[9],[21]
Interest Rate			13.74%	[1],[4],[20]	12.93%	[2],[9],[21]
Principal Amount, Par Value			$ 20,105	[1],[4]	$ 20,105	[2],[9]
Cost			19,884	[1],[4]	19,865	[2],[9]
Fair Value			$ 20,105	[1],[4]	$ 19,640	[2],[9]
Investment, Identifier [Axis]: KAMC Holdings, Inc, Second lien
Spread			8%	[1],[4],[6],[20]	8%	[2],[8],[9],[21]
Interest Rate			13.64%	[1],[4],[6],[20]	12.65%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 22,500	[1],[4],[6]	$ 22,500	[2],[8],[9]
Cost			22,401	[1],[4],[6]	22,388	[2],[8],[9]
Fair Value			$ 20,446	[1],[4],[6]	$ 19,125	[2],[8],[9]
Percent of Net Assets			1.84%	[1],[4],[6]	1.75%	[2],[8],[9]
Investment, Identifier [Axis]: KPSKY Acquisition Inc., First lien 1
Spread			5.25%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.72%	[1],[4],[6],[20]	9.89%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 8,524	[1],[4],[6]	$ 8,589	[2],[8],[9]
Cost			8,458	[1],[4],[6]	8,516	[2],[8],[9]
Fair Value			$ 8,524	[1],[4],[6]	$ 8,212	[2],[8],[9]
Investment, Identifier [Axis]: KPSKY Acquisition Inc., First lien 2
Spread			5.25%	[1],[4],[20]	4.50%	[2],[9],[21]
Interest Rate			10.63%	[1],[4],[20]	12%	[2],[9],[21]
Principal Amount, Par Value			$ 977	[1],[4]	$ 988	[2],[9]
Cost			969	[1],[4]	979	[2],[9]
Fair Value			$ 977	[1],[4]	$ 944	[2],[9]
Investment, Identifier [Axis]: KWOR Acquisition, Inc., First lien
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.67%	[1],[4],[6],[20]	9.64%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 40,292	[1],[4],[6]	$ 40,596	[2],[8],[9]
Cost			40,051	[1],[4],[6]	40,329	[2],[8],[9]
Fair Value			$ 40,292	[1],[4],[6]	$ 40,207	[2],[8],[9]
Percent of Net Assets	[2],[8],[9]				3.68%
Investment, Identifier [Axis]: KWOR Acquisition, Inc., First lien - Drawn
Spread	[1],[4],[5],[20]		4.25%
Interest Rate	[1],[4],[5],[20]		12.75%
Principal Amount, Par Value	[1],[4],[5]		$ 3,105
Cost	[1],[4],[5]		3,093
Fair Value	[1],[4],[5]		3,105
Investment, Identifier [Axis]: KWOR Acquisition, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 5,653
Cost	[2],[9],[22]				(35)
Fair Value	[2],[9],[22]				$ (54)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: KWOR Acqusition, Inc., First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		2,548
Cost	[1],[4],[5]		(19)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Kaseya Inc., First lien
Spread			3.75%	[1],[4],[6],[20],[23]	5.75%	[2],[8],[9],[21]
PIK	[1],[4],[6],[20],[23]		2.50%
Interest Rate			11.62%	[1],[4],[6],[20],[23]	10.33%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 25,902	[1],[4],[6],[23]	$ 25,847	[2],[8],[9],[13]
Cost			25,735	[1],[4],[6],[23]	25,664	[2],[8],[9],[13]
Fair Value			$ 25,902	[1],[4],[6],[23]	$ 25,469	[2],[8],[9],[13]
Percent of Net Assets	[2],[8],[9],[13]				2.33%
Investment, Identifier [Axis]: Kaseya Inc., First lien - Drawn 1
Spread	[1],[4],[5],[20],[23]		3.75%
PIK	[1],[4],[5],[20],[23]		2.50%
Interest Rate	[1],[4],[5],[20],[23]		11.57%
Principal Amount, Par Value	[1],[4],[5],[23]		$ 397
Cost	[1],[4],[5],[23]		396
Fair Value	[1],[4],[5],[23]		$ 397
Investment, Identifier [Axis]: Kaseya Inc., First lien - Drawn 2
Spread	[1],[4],[5],[20],[23]		3.75%
PIK	[1],[4],[5],[20],[23]		2.50%
Interest Rate	[1],[4],[5],[20],[23]		11.62%
Principal Amount, Par Value	[1],[4],[5],[23]		$ 96
Cost	[1],[4],[5],[23]		96
Fair Value	[1],[4],[5],[23]		96
Investment, Identifier [Axis]: Kaseya Inc., First lien - Undrawn 1
Principal Amount, Par Value			1,481	[1],[4],[5]	$ 1,578	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			0	[1],[4],[5]	(23)	[2],[9],[22]
Investment, Identifier [Axis]: Kaseya Inc., First lien - Undrawn 2
Principal Amount, Par Value			1,183	[1],[4],[5]	1,578	[2],[9],[22]
Cost			(9)	[1],[4],[5]	(11)	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ (23)	[2],[9],[22]
Investment, Identifier [Axis]: Kele Holdco, Inc., First lien
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.68%	[1],[4],[6],[20]	9.42%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 1,744	[1],[4],[6]	$ 1,856	[2],[8],[9]
Cost			1,739	[1],[4],[6]	1,849	[2],[8],[9]
Fair Value			$ 1,744	[1],[4],[6]	$ 1,856	[2],[8],[9]
Percent of Net Assets			0.16%	[1],[4],[6]	0.17%	[2],[8],[9]
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc., Preferred shares
Principal Amount, Shares (in shares)	[9]		9,061	[1],[12]	9,061	[2],[13]
Cost	[9]		$ 10,066	[1],[12]	$ 8,948	[2],[13]
Fair Value	[9]		$ 10,179	[1],[12]	$ 8,769	[2],[13]
Percent of Net Assets	[9]		0.92%	[1],[12]	0.80%	[2],[13]
Investment, Identifier [Axis]: Legal Spend Holdings, LLC (fka Bottomline Technologies, Inc.) First Lien
Spread	[1],[4],[20]		5.25%
Interest Rate	[1],[4],[20]		10.57%
Principal Amount, Par Value	[1],[4]		$ 49,374
Cost	[1],[4]		48,956
Fair Value	[1],[4]		$ 49,374
Percent of Net Assets	[1],[4]		4.45%
Investment, Identifier [Axis]: Legal Spend Holdings, LLC (fka Bottomline Technologies, Inc.), First Lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 4,156
Cost	[1],[4],[5]		(32)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: MED Parentco, LP, Second lien
Spread			8.25%	[1],[4],[6],[20]	8.25%	[2],[8],[21]
Interest Rate			13.68%	[1],[4],[6],[20]	12.63%	[2],[8],[21]
Principal Amount, Par Value			$ 22,000	[1],[4],[6]	$ 22,000	[2],[8]
Cost			21,903	[1],[4],[6]	21,889	[2],[8]
Fair Value			$ 20,658	[1],[4],[6]	$ 16,588	[2],[8]
Percent of Net Assets			1.86%	[1],[4],[6]	1.52%	[2],[8]
Investment, Identifier [Axis]: MH Sub I, LLC (Micro Holding Corp.), Second lien
Spread			6.25%	[1],[20]	6.25%	[2],[21]
Interest Rate			11.57%	[1],[20]	10.65%	[2],[21]
Principal Amount, Par Value			$ 1,865	[1]	$ 3,000	[2]
Cost			1,862	[1]	2,994	[2]
Fair Value			$ 1,663	[1]	$ 2,718	[2]
Percent of Net Assets			0.15%	[1]	0.25%	[2]
Investment, Identifier [Axis]: MRI Software LLC, First lien - Undrawn 1
Principal Amount, Par Value			$ 1,170	[1],[4],[5]	$ 1,170	[2],[9],[22]
Cost			(2)	[1],[4],[5]	(3)	[2],[9],[22]
Fair Value			$ (11)	[1],[4],[5]	(27)	[2],[9],[22]
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: MRI Software LLC, First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				2,284
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (52)
Investment, Identifier [Axis]: MRI Software LLC, First lien 1
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.99%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 16,249	[1],[4],[6]	$ 16,375	[2],[8],[9]
Cost			16,212	[1],[4],[6]	16,328	[2],[8],[9]
Fair Value			$ 16,093	[1],[4],[6]	$ 16,004	[2],[8],[9]
Investment, Identifier [Axis]: MRI Software LLC, First lien 2
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.99%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 4,609	[1],[4],[6]	$ 4,644	[2],[8],[9]
Cost			4,602	[1],[4],[6]	4,636	[2],[8],[9]
Fair Value			$ 4,564	[1],[4],[6]	$ 4,540	[2],[8],[9]
Investment, Identifier [Axis]: MRI Software LLC, First lien 3
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			10.99%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 4,311	[1],[4]	$ 2,054	[2],[9]
Cost			4,305	[1],[4]	2,050	[2],[9]
Fair Value			$ 4,270	[1],[4]	$ 2,008	[2],[9]
Investment, Identifier [Axis]: MRI Software LLC, First lien 4
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			10.99%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 470	[1],[4]	$ 473	[2],[9]
Cost			468	[1],[4]	472	[2],[9]
Fair Value			$ 465	[1],[4]	$ 462	[2],[9]
Investment, Identifier [Axis]: Mamba Purchaser, Inc., Second lien
Spread			6.50%	[1],[4],[20]	6.50%	[2],[9],[21]
Interest Rate			11.93%	[1],[4],[20]	10.89%	[2],[9],[21]
Principal Amount, Par Value			$ 8,709	[1],[4]	$ 8,709	[2],[9]
Cost			8,663	[1],[4]	8,659	[2],[9]
Fair Value			$ 8,493	[1],[4]	$ 7,694	[2],[9]
Percent of Net Assets			0.77%	[1],[4]	0.70%	[2]
Investment, Identifier [Axis]: Maverick Bidco Inc., Second lien
Spread			6.75%	[1],[4],[20]	6.75%	[2],[9],[21]
Interest Rate			12.27%	[1],[4],[20]	11.16%	[2],[9],[21]
Principal Amount, Par Value			$ 10,200	[1],[4]	$ 10,200	[2],[9]
Cost			10,178	[1],[4]	10,176	[2],[9]
Fair Value			$ 9,949	[1],[4]	$ 9,822	[2],[9]
Percent of Net Assets			0.90%	[1],[4]	0.90%	[2],[9]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien
Spread			5.50%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			10.92%	[1],[4],[6],[20]	9.88%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 6,956	[1],[4],[6]	$ 7,009	[2],[8],[9]
Cost			6,928	[1],[4],[6]	6,978	[2],[8],[9]
Fair Value			$ 6,786	[1],[4],[6]	$ 6,887	[2],[8],[9]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien - Drawn
Spread	[2],[9],[21],[22]				5.50%
Interest Rate	[2],[9],[21],[22]				10.24%
Principal Amount, Par Value	[2],[9],[22]				$ 339
Cost	[2],[9],[22]				338
Fair Value	[2],[9],[22]				333
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien - Drawn 1
Spread	[1],[4],[5],[20]		5.50%
Interest Rate	[1],[4],[5],[20]		10.95%
Principal Amount, Par Value	[1],[4],[5]		$ 361
Cost	[1],[4],[5]		359
Fair Value	[1],[4],[5]		$ 352
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien - Drawn 2
Spread	[1],[4],[5],[20]		5.50%
Interest Rate	[1],[4],[5],[20]		10.92%
Principal Amount, Par Value	[1],[4],[5]		$ 305
Cost	[1],[4],[5]		305
Fair Value	[1],[4],[5]		298
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien - Undrawn 1
Principal Amount, Par Value			373	[1],[4],[5]	339	[2],[9],[22]
Cost			(2)	[1],[4],[5]	(2)	[2],[9],[22]
Fair Value			(9)	[1],[4],[5]	(6)	[2],[9],[22]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien - Undrawn 2
Principal Amount, Par Value			1,897	[1],[4],[5]	2,260	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(46)	[1],[4],[5]	$ (39)	[2],[9],[22]
Investment, Identifier [Axis]: NMC Crimson Holdings, Inc., First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		408
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		$ (7)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: NMC Crimson Holdings, Inc., First lien
Spread			6.09%	[1],[4],[6],[20]	6%	[2],[8],[9],[21]
Interest Rate			11.49%	[1],[4],[6],[20]	9.74%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 11,101	[1],[4],[6]	$ 11,101	[2],[8],[9]
Cost			10,985	[1],[4],[6]	10,970	[2],[8],[9]
Fair Value			$ 10,899	[1],[4],[6]	$ 11,023	[2],[8],[9]
Investment, Identifier [Axis]: NMC Crimson Holdings, Inc., First lien - Drawn
Spread			6.09%	[1],[5],[6],[20]	6%	[2],[9],[21],[22]
Interest Rate			11.64%	[1],[5],[6],[20]	10.39%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 2,302	[1],[5],[6]	$ 751	[2],[9],[22]
Cost			2,294	[1],[5],[6]	742	[2],[9],[22]
Fair Value			$ 2,260	[1],[5],[6]	746	[2],[9],[22]
Investment, Identifier [Axis]: NMC Crimson Holdings, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				4,147
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (29)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: New Trojan Parent, Inc., Second lien
Spread			7.25%	[1],[4],[20]	7.25%	[2],[9],[21]
Interest Rate			12.68%	[1],[4],[20]	11.63%	[2],[9],[21]
Principal Amount, Par Value			$ 13,238	[1],[4]	$ 13,238	[2],[9]
Cost			13,189	[1],[4]	13,183	[2],[9]
Fair Value			$ 7,020	[1],[4]	$ 9,943	[2],[9]
Percent of Net Assets			0.63%	[1],[4]	0.91%	[2],[9]
Investment, Identifier [Axis]: Notorious Topco, LLC, First lien
Spread			6.75%	[1],[20]	6.75%	[2],[8],[9],[21]
Interest Rate			12.27%	[1],[20]	10.99%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 40,951	[1]	$ 41,264	[2],[8],[9]
Cost			40,721	[1]	41,001	[2],[8],[9]
Fair Value			$ 37,736	[1]	$ 40,571	[2],[8],[9]
Investment, Identifier [Axis]: Notorious Topco, LLC, First lien - Drawn 1
Spread			6.75%	[1],[20]	6.75%	[2],[9],[21],[22]
Interest Rate			12.27%	[1],[20]	10.99%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 3,569	[1]	$ 3,596	[2],[9],[22]
Cost			3,535	[1]	3,557	[2],[9],[22]
Fair Value			$ 3,289	[1]	$ 3,535	[2],[9],[22]
Investment, Identifier [Axis]: Notorious Topco, LLC, First lien - Drawn 2
Spread			6.75%	[1],[4],[6],[20]	6.75%	[2],[9],[21],[22]
Interest Rate			12.27%	[1],[4],[6],[20]	10.99%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 241	[1],[4],[6]	$ 602	[2],[9],[22]
Cost			248	[1],[4],[6]	603	[2],[9],[22]
Fair Value			222	[1],[4],[6]	592	[2],[9],[22]
Investment, Identifier [Axis]: Notorious Topco, LLC, First lien - Undrawn 1
Principal Amount, Par Value			2,409	[1],[4],[5]	2,409	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			(189)	[1],[4],[5]	(40)	[2],[9],[22]
Investment, Identifier [Axis]: Notorious Topco, LLC, First lien - Undrawn 2
Principal Amount, Par Value			3,373	[1],[4],[5]	3,012	[2],[9],[22]
Cost			(25)	[1],[4],[5]	(23)	[2],[9],[22]
Fair Value			(265)	[1],[4],[5]	(51)	[2],[9],[22]
Investment, Identifier [Axis]: OA Buyer, Inc., First lien - Undrawn
Principal Amount, Par Value			5,959	[1],[4],[5]	5,958	[2],[9],[22]
Cost			(45)	[1],[4],[5]	(51)	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ (47)	[2],[9],[22]
Percent of Net Assets			0%	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: OA Buyer, Inc., First lien 1
Spread			5.50%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			10.82%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 45,982	[1],[4],[6]	$ 46,332	[2],[8],[9]
Cost			45,615	[1],[4],[6]	45,923	[2],[8],[9]
Fair Value			$ 45,982	[1],[4],[6]	$ 45,957	[2],[8],[9]
Investment, Identifier [Axis]: OA Buyer, Inc., First lien 2
Spread			5.50%	[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			10.82%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 2,911	[1],[4],[6]	$ 2,933	[2],[8],[9]
Cost			2,886	[1],[4],[6]	2,906	[2],[8],[9]
Fair Value			$ 2,911	[1],[4],[6]	$ 2,909	[2],[8],[9]
Investment, Identifier [Axis]: OB Hospitalist Group, Inc. First lien
Spread	[1],[4],[6],[20]		5.50%
Interest Rate	[1],[4],[6],[20]		11.04%
Principal Amount, Par Value	[1],[4],[6]		$ 19,123
Cost	[1],[4],[6]		18,986
Fair Value	[1],[4],[6]		$ 18,521
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien
Spread	[2],[8],[9],[21]				5.50%
Interest Rate	[2],[8],[9],[21]				10.23%
Principal Amount, Par Value	[2],[8],[9]				$ 19,319
Cost	[2],[8],[9]				19,159
Fair Value	[2],[8],[9]				$ 18,711
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien - Drawn
Spread			5.50%	[1],[4],[5],[20]	5.50%	[2],[9],[21],[22]
Interest Rate			10.92%	[1],[4],[5],[20]	10.17%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 1,144	[1],[4],[5]	$ 875	[2],[9],[22]
Cost			1,141	[1],[4],[5]	871	[2],[9],[22]
Fair Value			1,108	[1],[4],[5]	847	[2],[9],[22]
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien - Undrawn
Principal Amount, Par Value			1,379	[1],[4],[5]	1,649	[2],[9],[22]
Cost			(14)	[1],[4],[5]	(16)	[2],[9],[22]
Fair Value			$ (43)	[1],[4],[5]	$ (52)	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: OEC Holdco, LLC, Preferred shares
Principal Amount, Shares (in shares)			17,786	[1],[4],[10],[27]	17,786	[2],[9],[11],[28]
Cost			$ 20,782	[1],[4],[10],[27]	$ 18,653	[2],[9],[11],[28]
Fair Value			$ 19,566	[1],[4],[10],[27]	$ 17,785	[2],[9],[11],[28]
Percent of Net Assets			1.76%	[1],[4],[10],[27]	1.63%	[2],[9],[11],[28]
Investment, Identifier [Axis]: OEConnection LLC, Second lien 1
Spread			7%	[1],[4],[6],[20]	7%	[2],[8],[9],[21]
Interest Rate			12.42%	[1],[4],[6],[20]	11.42%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 19,234	[1],[4],[6]	$ 19,234	[2],[8],[9]
Cost			19,091	[1],[4],[6]	19,070	[2],[8],[9]
Fair Value			$ 19,234	[1],[4],[6]	$ 18,644	[2],[8],[9]
Investment, Identifier [Axis]: OEConnection LLC, Second lien 2
Spread			7%	[1],[4],[6],[20]	7%	[2],[8],[9],[21]
Interest Rate			12.42%	[1],[4],[6],[20]	11.42%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 7,677	[1],[4],[6]	$ 7,677	[2],[8],[9]
Cost			7,631	[1],[4],[6]	7,625	[2],[8],[9]
Fair Value			7,677	[1],[4],[6]	$ 7,441	[2],[8],[9]
Investment, Identifier [Axis]: Ocala Bidco, Inc., First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		3,196
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		$ (4)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien
Spread			3.50%	[1],[4],[6],[20],[23]	3.50%	[2],[8],[9],[21],[24]
PIK			2.75%	[1],[4],[6],[20],[23]	2.75%	[2],[8],[9],[21],[24]
Interest Rate			11.89%	[1],[4],[6],[20],[23]	10.95%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 31,285	[1],[4],[6],[23]	$ 30,644	[2],[8],[9],[24]
Cost			30,987	[1],[4],[6],[23]	30,312	[2],[8],[9],[24]
Fair Value			$ 31,247	[1],[4],[6],[23]	$ 30,291	[2],[8],[9],[24]
Percent of Net Assets			2.82%	[1],[4],[6],[23]	2.78%	[2],[8],[9],[24]
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 3,196
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (37)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: PDQ.com Corporation, First lien
Spread			4.75%	[1],[4],[6],[20]	4.75%	[2],[8],[9],[21]
Interest Rate			10.24%	[1],[4],[6],[20]	9.43%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 5,614	[1],[4],[6]	$ 5,657	[2],[8],[9]
Cost			5,593	[1],[4],[6]	5,633	[2],[8],[9]
Fair Value			$ 5,597	[1],[4],[6]	$ 5,524	[2],[8],[9]
Investment, Identifier [Axis]: PDQ.com Corporation, First lien - Drawn
Spread			4.75%	[1],[4],[5],[20]	4.75%	[2],[9],[21],[22]
Interest Rate			10.24%	[1],[4],[5],[20]	9.02%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 3,974	[1],[4],[5]	$ 1,598	[2],[9],[22]
Cost			3,960	[1],[4],[5]	1,591	[2],[9],[22]
Fair Value			3,962	[1],[4],[5]	1,560	[2],[9],[22]
Investment, Identifier [Axis]: PDQ.com Corporation, First lien - Undrawn
Principal Amount, Par Value			10,286	[1],[4],[5]	12,686	[2],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ (32)	[1],[4],[5]	$ (298)	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	(0.04%)	[2],[9],[22]
Investment, Identifier [Axis]: Pioneer Buyer I, LLC, First lien - Undrawn
Principal Amount, Par Value			$ 4,009	[1],[4],[5]	$ 4,009	[2],[7],[9],[22]
Cost			(28)	[1],[4],[5]	(33)	[2],[7],[9],[22]
Fair Value			$ (78)	[1],[4],[5]	$ (52)	[2],[7],[9],[22]
Percent of Net Assets			(0.01%)	[1],[4],[5]	(0.00%)	[2],[7],[9],[22]
Investment, Identifier [Axis]: Pioneer Buyer I, LLC, First lien 1
Spread	[2],[9],[21],[24]				7%
PIK	[1],[4],[20],[23]		7%
Interest Rate			12.39%	[1],[4],[20],[23]	11.73%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 26,697	[1],[4],[23]	$ 24,416	[2],[9],[24]
Cost			26,528	[1],[4],[23]	24,224	[2],[9],[24]
Fair Value			$ 26,697	[1],[4],[23]	$ 24,099	[2],[9],[24]
Investment, Identifier [Axis]: Pioneer Buyer I, LLC, First lien 2
Spread	[2],[9],[21],[24]				7%
PIK	[1],[4],[20],[23]		7%
Interest Rate			12.39%	[1],[4],[20],[23]	11.73%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 3,659	[1],[4],[23]	$ 3,346	[2],[9],[24]
Cost			3,635	[1],[4],[23]	3,319	[2],[9],[24]
Fair Value			$ 3,659	[1],[4],[23]	$ 3,303	[2],[9],[24]
Investment, Identifier [Axis]: Pioneer Topco I, L.P., Ordinary shares
Principal Amount, Shares (in shares)			10	[1],[4],[29]	10	[2],[7],[9]
Cost			$ 0	[1],[4],[29]	$ 0	[2],[7],[9]
Fair Value			$ 0	[1],[4],[29]	$ 0	[2],[7],[9]
Percent of Net Assets			0%	[1],[4],[29]	0%	[2],[7],[9]
Investment, Identifier [Axis]: Project Boost Purchaser, LLC, Second lien
Spread			8%	[1],[4],[6],[20]	8%	[2],[8],[9],[21]
Interest Rate			13.43%	[1],[4],[6],[20]	12.38%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 12,000	[1],[4],[6]	$ 12,000	[2],[8],[9],[19]
Cost			12,000	[1],[4],[6]	12,000	[2],[8],[9],[19]
Fair Value			$ 11,747	[1],[4],[6]	$ 11,536	[2],[8],[9],[19]
Percent of Net Assets			1.06%	[1],[4],[6]	1.06%	[2],[8],[9],[19]
Investment, Identifier [Axis]: Project Essential Bidco, Inc., First lien
Spread			3%	[1],[4],[6],[20],[23]	5.75%	[2],[8],[9],[21]
PIK	[1],[4],[6],[20],[23]		3.25%
Interest Rate			11.78%	[1],[4],[6],[20]	9.99%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 17,396	[1],[4],[6]	$ 17,354	[2],[8],[9],[30]
Cost			17,289	[1],[4],[6]	17,232	[2],[8],[9],[30]
Fair Value			$ 16,878	[1],[4],[6]	$ 16,820	[2],[8],[9],[30]
Percent of Net Assets			1.52%	[1],[4],[6]	1.54%	[2],[8],[9]
Investment, Identifier [Axis]: Project Essential Bidco, Inc., First lien - Undrawn
Principal Amount, Par Value			$ 2,259	[1],[4],[5],[16]	$ 2,259	[2],[9],[22],[30]
Cost			(12)	[1],[4],[5],[16]	(14)	[2],[9],[22],[30]
Fair Value			$ (67)	[1],[4],[5],[16]	$ (70)	[2],[9],[22],[30]
Percent of Net Assets			(0.01%)	[1],[4],[5],[16]	(0.01%)	[2],[9],[22],[30]
Investment, Identifier [Axis]: Project Essential Super Parent, Inc., Preferred shares
Principal Amount, Shares (in shares)			5,000	[1],[4]	5,000	[2],[9],[30]
Cost			$ 6,625	[1],[4]	$ 5,942	[2],[9],[30]
Fair Value			$ 6,252	[1],[4]	$ 5,785	[2],[9],[30]
Percent of Net Assets			0.56%	[1],[4]	0.53%	[2],[9],[30]
Investment, Identifier [Axis]: Pye-Barker Fire & Safety, LLC, First lien - Drawn
Spread	[2],[9],[21],[22]				5.50%
Interest Rate	[2],[9],[21],[22]				10.23%
Principal Amount, Par Value	[2],[9],[22]				$ 346
Cost	[2],[9],[22]				345
Fair Value	[2],[9],[22]				336
Investment, Identifier [Axis]: Pye-Barker Fire & Safety, LLC, First lien - Undrawn
Principal Amount, Par Value			$ 1,998	[1],[4],[5]	395	[2],[9],[22]
Cost			(33)	[1],[4],[5]	(4)	[2],[9],[22]
Fair Value			$ (10)	[1],[4],[5]	$ (11)	[2],[9],[22]
Percent of Net Assets			(0.00%)	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: Pye-Barker Fire & Safety, LLC, First lien 1
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			11.04%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 23,878	[1],[4]	$ 24,060	[2],[9]
Cost			23,685	[1],[4]	23,846	[2],[9]
Fair Value			$ 23,757	[1],[4]	$ 23,373	[2],[9]
Investment, Identifier [Axis]: Pye-Barker Fire & Safety, LLC, First lien 2
Spread			5.50%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			11.04%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 4,900	[1],[4]	$ 4,938	[2],[9]
Cost			4,875	[1],[4]	4,904	[2],[9]
Fair Value			$ 4,876	[1],[4]	$ 4,797	[2],[9]
Investment, Identifier [Axis]: Radwell Parent, LLC, First lien
Spread			6.53%	[1],[4],[20]	6.53%	[2],[9],[21]
Interest Rate			12.02%	[1],[4],[20]	11.21%	[2],[9],[21]
Principal Amount, Par Value			$ 8,322	[1],[4]	$ 8,385	[2],[9]
Cost			8,269	[1],[4]	8,327	[2],[9]
Fair Value			$ 8,322	[1],[4]	$ 8,322	[2],[9]
Percent of Net Assets	[2],[9]				0.76%
Investment, Identifier [Axis]: Radwell Parent, LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		6.75%
Interest Rate	[1],[4],[5],[20]		12.14%
Principal Amount, Par Value	[1],[4],[5]		$ 90
Cost	[1],[4],[5]		90
Fair Value	[1],[4],[5]		90
Investment, Identifier [Axis]: Radwell Parent, LLC, First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				$ 448
Cost	[2],[9],[22]				(3)
Fair Value	[2],[9],[22]				(3)
Investment, Identifier [Axis]: Radwell Parent, LLC, First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				1,124
Cost	[2],[9],[22]				(8)
Fair Value	[2],[9],[22]				$ (8)
Investment, Identifier [Axis]: Radwell Partner, LLC., First lien - Undrawn 1
Principal Amount, Par Value	[1],[4],[5]		1,124
Cost	[1],[4],[5]		(7)
Fair Value	[1],[4],[5]		0
Investment, Identifier [Axis]: Radwell Partner, LLC., First lien - Undrawn 2
Principal Amount, Par Value	[1],[4],[5]		360
Cost	[1],[4],[5]		(3)
Fair Value	[1],[4],[5]		$ 0
Investment, Identifier [Axis]: RealPage, Inc., Second lien
Spread			6.50%	[1],[20]	6.50%	[2],[21]
Interest Rate			11.93%	[1],[20]	10.88%	[2],[21]
Principal Amount, Par Value			$ 6,388	[1]	$ 8,388	[2]
Cost			6,351	[1]	8,335	[2]
Fair Value			$ 6,422	[1]	$ 8,105	[2]
Percent of Net Assets			0.58%	[1]	0.74%	[2]
Investment, Identifier [Axis]: Recorded Future, Inc., First lien - Undrawn
Principal Amount, Par Value			$ 1,630	[1],[4],[5]	$ 1,630	[2],[9],[22]
Cost			(4)	[1],[4],[5]	(6)	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ (14)	[2],[9],[22]
Percent of Net Assets			0%	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: Recorded Future, Inc., First lien 1
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.69%	[1],[4],[6],[20]	9.98%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 41,756	[1],[4],[6]	$ 42,075	[2],[8],[9]
Cost			41,645	[1],[4],[6]	41,920	[2],[8],[9]
Fair Value			$ 41,756	[1],[4],[6]	$ 41,722	[2],[8],[9]
Investment, Identifier [Axis]: Recorded Future, Inc., First lien 2
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[9],[21]
Interest Rate			10.69%	[1],[4],[6],[20]	9.98%	[2],[9],[21]
Principal Amount, Par Value			$ 13,278	[1],[4],[6]	$ 13,380	[2],[9]
Cost			13,238	[1],[4],[6]	13,324	[2],[9]
Fair Value			$ 13,278	[1],[4],[6]	$ 13,267	[2],[9]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien
Spread			6.50%	[1],[4],[20]	7.50%	[2],[9],[21],[24]
Interest Rate			11.92%	[1],[4],[20]	11.89%	[2],[9],[21],[24]
Principal Amount, Par Value			$ 16,848	[1],[4]	$ 16,484	[2],[9],[24]
Cost			16,729	[1],[4]	16,345	[2],[9],[24]
Fair Value			$ 16,848	[1],[4]	$ 16,484	[2],[9],[24]
Percent of Net Assets			1.52%	[1],[4]	1.51%	[2],[9],[24]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien - Undrawn
Principal Amount, Par Value			$ 1,439	[1],[4],[5]	$ 1,439	[2],[9],[22]
Cost			(11)	[1],[4],[5]	(13)	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ 0	[2],[9],[22]
Percent of Net Assets			0%	[1],[4],[5]	0%	[2],[9],[22]
Investment, Identifier [Axis]: Safety Borrower Holdings LLC, First lien - Drawn
Spread	[1],[4],[5],[20]		4.25%
Interest Rate	[1],[4],[5],[20]		12.75%
Principal Amount, Par Value	[1],[4],[5]		$ 256
Cost	[1],[4],[5]		255
Fair Value	[1],[4],[5]		256
Investment, Identifier [Axis]: Safety Borrower Holdings LLC, First lien - Undrawn
Principal Amount, Par Value			256	[1],[4],[5]	$ 512	[2],[9],[22]
Cost			(1)	[1],[4],[5]	(2)	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ (8)	[2],[9],[22]
Percent of Net Assets			0%	[1],[4],[5]	(0.00%)	[2],[9],[22]
Investment, Identifier [Axis]: Safety Borrower Holdings LLC, First lien 1
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.95%	[1],[4],[6],[20]	10.41%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 5,658	[1],[4],[6]	$ 5,701	[2],[8],[9]
Cost			5,638	[1],[4],[6]	5,678	[2],[8],[9]
Fair Value			$ 5,658	[1],[4],[6]	$ 5,608	[2],[8],[9]
Investment, Identifier [Axis]: Safety Borrower Holdings LLC, First lien 2
Spread			5.25%	[1],[4],[20]	5.25%	[2],[9],[21]
Interest Rate			10.95%	[1],[4],[20]	10.41%	[2],[9],[21]
Principal Amount, Par Value			$ 1,264	[1],[4]	$ 1,273	[2],[9]
Cost			1,259	[1],[4]	1,268	[2],[9]
Fair Value			1,264	[1],[4]	$ 1,253	[2],[9]
Investment, Identifier [Axis]: Smile Doctors LLC, First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		905
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		$ (7)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: Smile Doctors LLC, First lien
Spread	[1],[4],[20]		5.90%
Interest Rate	[1],[4],[20]		11.15%
Principal Amount, Par Value	[1],[4]		$ 7,903
Cost	[1],[4]		7,867
Fair Value	[1],[4]		$ 7,840
Percent of Net Assets	[1],[4]		0.71%
Investment, Identifier [Axis]: Smile Doctors LLC, First lien 1
Spread	[2],[9],[21]				5.75%
Interest Rate	[2],[9],[21]				10.48%
Principal Amount, Par Value	[2],[9]				$ 7,409
Cost	[2],[9]				7,375
Fair Value	[2],[9]				$ 7,371
Investment, Identifier [Axis]: Smile Doctors LLC, First lien 2
Spread	[2],[9],[21]				5.75%
Interest Rate	[2],[9],[21]				10.46%
Principal Amount, Par Value	[2],[9]				$ 534
Cost	[2],[9]				528
Fair Value	[2],[9]				$ 532
Investment, Identifier [Axis]: Specialtycare, Inc., First lien
Spread	[2],[8],[9],[21]				5.75%
Interest Rate	[2],[8],[9],[21]				9.49%
Principal Amount, Par Value	[2],[8],[9]				$ 11,728
Cost	[2],[8],[9]				11,612
Fair Value	[2],[8],[9]				$ 11,235
Investment, Identifier [Axis]: Specialtycare, Inc., First lien - Drawn 1
Spread	[2],[9],[21],[22]				4%
Interest Rate	[2],[9],[21],[22]				8.29%
Principal Amount, Par Value	[2],[9],[22]				$ 106
Cost	[2],[9],[22]				106
Fair Value	[2],[9],[22]				$ 102
Investment, Identifier [Axis]: Specialtycare, Inc., First lien - Drawn 2
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				9.76%
Principal Amount, Par Value	[2],[9],[22]				$ 84
Cost	[2],[9],[22]				91
Fair Value	[2],[9],[22]				81
Investment, Identifier [Axis]: Specialtycare, Inc., First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 280
Cost	[1],[4],[5]		(2)
Fair Value	[1],[4],[5]		$ (9)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: Specialtycare, Inc., First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				173
Cost	[2],[9],[22]				(3)
Fair Value	[2],[9],[22]				(7)
Investment, Identifier [Axis]: Specialtycare, Inc., First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				930
Cost	[2],[9],[22]				(9)
Fair Value	[2],[9],[22]				$ (39)
Investment, Identifier [Axis]: Specialtycare, Inc., First lien 1
Spread	[1],[4],[6],[20]		5.75%
Interest Rate	[1],[4],[6],[20]		11.28%
Principal Amount, Par Value	[1],[4],[6]		$ 11,639
Cost	[1],[4],[6]		11,536
Fair Value	[1],[4],[6]		$ 11,250
Investment, Identifier [Axis]: Specialtycare, Inc., First lien 2
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		11.32%
Principal Amount, Par Value	[1],[4]		$ 84
Cost	[1],[4]		83
Fair Value	[1],[4]		81
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien - Drawn
Spread	[2],[9],[21],[22]				5.75%
Interest Rate	[2],[9],[21],[22]				10.13%
Principal Amount, Par Value	[2],[9],[22]				$ 2,791
Cost	[2],[9],[22]				2,760
Fair Value	[2],[9],[22]				2,744
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien - Undrawn
Principal Amount, Par Value	[1],[4],[5]		559
Cost	[1],[4],[5]		(3)
Fair Value	[1],[4],[5]		$ (12)
Percent of Net Assets	[1],[4],[5]		(0.00%)
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				152
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				(3)
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				559
Cost	[2],[9],[22]				(4)
Fair Value	[2],[9],[22]				$ (9)
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.18%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 24,563	[1],[4],[6]	$ 24,750	[2],[8],[9]
Cost			24,367	[1],[4],[6]	24,531	[2],[8],[9]
Fair Value			$ 24,022	[1],[4],[6]	$ 24,334	[2],[8],[9]
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien 2
Spread			5.75%	[1],[4],[6],[20]	5.75%	[2],[8],[9],[21]
Interest Rate			11.18%	[1],[4],[6],[20]	10.13%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 3,955	[1],[4],[6]	$ 3,985	[2],[8],[9]
Cost			3,928	[1],[4],[6]	3,955	[2],[8],[9]
Fair Value			$ 3,868	[1],[4],[6]	$ 3,918	[2],[8],[9]
Investment, Identifier [Axis]: Sun Acquirer Corp., First lien 3
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		11.18%
Principal Amount, Par Value	[1],[4]		$ 2,795
Cost	[1],[4]		2,768
Fair Value	[1],[4]		$ 2,733
Investment, Identifier [Axis]: Syndigo LLC, Second lien
Spread			8%	[1],[4],[20]	8%	[2],[9],[21]
Interest Rate			13.67%	[1],[4],[20]	13.21%	[2],[9],[21]
Principal Amount, Par Value			$ 12,500	[1],[4]	$ 12,500	[2],[9]
Cost			12,429	[1],[4]	12,439	[2],[9]
Fair Value			$ 12,029	[1],[4]	$ 11,704	[2],[9]
Percent of Net Assets			1.08%	[1],[4]	1.07%	[2],[9]
Investment, Identifier [Axis]: TMK Hawk Parent, Corp., First lien 1
Spread			3.50%	[1],[4],[6],[20]	3.50%	[2],[8],[9],[21]
Interest Rate			9.17%	[1],[4],[6],[20]	8.26%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 7,198	[1],[4],[6]	$ 7,254	[2],[8],[9]
Cost			6,919	[1],[4],[6]	6,758	[2],[8],[9]
Fair Value			$ 5,210	[1],[4],[6]	$ 4,715	[2],[8],[9]
Investment, Identifier [Axis]: TMK Hawk Parent, Corp., First lien 2
Spread			3.50%	[1],[4],[20]	3.50%	[2],[9],[21]
Interest Rate			9.17%	[1],[4],[20]	8.26%	[2],[9],[21]
Principal Amount, Par Value			$ 2,468	[1],[4]	$ 2,487	[2],[9]
Cost			1,913	[1],[4]	1,566	[2],[9]
Fair Value			$ 1,787	[1],[4]	$ 1,617	[2],[9]
Investment, Identifier [Axis]: TRC Companies L.L.C. (fka Energize Holdco LLC), Second lien
Spread	[1],[4],[6],[20]		6.75%
Interest Rate	[1],[4],[6],[20]		12.18%
Principal Amount, Par Value	[1],[4],[6]		$ 24,900
Cost	[1],[4],[6]		24,796
Fair Value	[1],[4],[6]		$ 24,026
Percent of Net Assets	[1],[4],[6]		2.17%
Investment, Identifier [Axis]: TRC Companies L.L.C. (fka. Energize Holdco LLC), Second lien
Spread	[2],[8],[9],[21]				6.75%
Interest Rate	[2],[8],[9],[21]				11.13%
Principal Amount, Par Value	[2],[8],[9]				$ 24,900
Cost	[2],[8],[9]				24,787
Fair Value	[2],[8],[9]				$ 23,453
Percent of Net Assets	[2],[8],[9]				2.15%
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien
Spread			6%	[1],[4],[6],[20]	6%	[2],[8],[9],[21]
Interest Rate			11.42%	[1],[4],[6],[20]	10.29%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 32,801	[1],[4],[6]	$ 32,801	[2],[8],[9],[19]
Cost			32,548	[1],[4],[6]	32,521	[2],[8],[9],[19]
Fair Value			$ 32,801	[1],[4],[6]	$ 32,273	[2],[8],[9],[19]
Percent of Net Assets			2.96%	[1],[4],[6]	2.96%	[2],[8],[9],[19]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien - Undrawn
Principal Amount, Par Value			$ 2,460	[1],[4],[5]	$ 2,460	[2],[9],[19],[22]
Cost			(17)	[1],[4],[5]	(20)	[2],[9],[19],[22]
Fair Value			$ 0	[1],[4],[5]	$ (40)	[2],[9],[19],[22]
Percent of Net Assets			0%	[1],[4],[5]	(0.00%)	[2],[9],[19],[22]
Investment, Identifier [Axis]: Therapy Brands Holdings LLC, Second lien
Spread			6.75%	[1],[4],[6],[20]	6.75%	[2],[8],[9],[21]
Interest Rate			12.18%	[1],[4],[6],[20]	11.10%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 6,000	[1],[4],[6]	$ 6,000	[2],[8],[9]
Cost			5,969	[1],[4],[6]	5,966	[2],[8],[9]
Fair Value			$ 5,716	[1],[4],[6]	$ 5,784	[2],[8],[9]
Percent of Net Assets			0.52%	[1],[4],[6]	0.53%	[2],[8],[9]
Investment, Identifier [Axis]: TigerConnect, Inc., First lien
Spread			3.38%	[1],[4],[6],[20],[23]	3.63%	[2],[8],[9],[21],[24]
PIK			3.38%	[1],[4],[6],[20],[23]	3.63%	[2],[8],[9],[21],[24]
Interest Rate			12.27%	[1],[4],[6],[20],[23]	11.49%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 18,409	[1],[4],[6],[23]	$ 18,409	[2],[8],[9],[24]
Cost			18,269	[1],[4],[6],[23]	18,247	[2],[8],[9],[24]
Fair Value			$ 18,126	[1],[4],[6],[23]	$ 17,967	[2],[8],[9],[24]
Investment, Identifier [Axis]: TigerConnect, Inc., First lien - Drawn
Spread			3.38%	[1],[4],[5],[6],[20],[23]	3.63%	[2],[8],[9],[21],[22],[24]
PIK			3.38%	[1],[4],[5],[6],[20],[23]	3.63%	[2],[8],[9],[21],[22],[24]
Interest Rate			12.27%	[1],[4],[5],[6],[20]	11.49%	[2],[8],[9],[21],[22],[24]
Principal Amount, Par Value			$ 670	[1],[4],[5],[6]	$ 171	[2],[8],[9],[22],[24]
Cost			670	[1],[4],[5],[6]	171	[2],[8],[9],[22],[24]
Fair Value			660	[1],[4],[5],[6]	166	[2],[8],[9],[22],[24]
Investment, Identifier [Axis]: TigerConnect, Inc., First lien - Undrawn 1
Principal Amount, Par Value			710	[1],[4],[5]	589	[2],[8],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[8],[9],[22]
Fair Value			(11)	[1],[4],[5]	(14)	[2],[8],[9],[22]
Investment, Identifier [Axis]: TigerConnect, Inc., First lien - Undrawn 2
Principal Amount, Par Value			2,630	[1],[4],[5]	2,630	[2],[9],[22]
Cost			(19)	[1],[4],[5]	(23)	[2],[9],[22]
Fair Value			$ (41)	[1],[4],[5]	$ (63)	[2],[9],[22]
Investment, Identifier [Axis]: Trident Bidco Limited, First lien 1
Spread			5%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.31%	[1],[4],[6],[20]	9.07%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 19,553	[1],[4],[6]	$ 19,553	[2],[8],[9]
Cost			19,387	[1],[4],[6]	19,371	[2],[8],[9]
Fair Value			$ 19,553	[1],[4],[6]	$ 19,129	[2],[8],[9]
Investment, Identifier [Axis]: Trident Bidco Limited, First lien 2
Spread			5%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.31%	[1],[4],[6],[20]	9.07%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 3,496	[1],[4],[6]	$ 3,496	[2],[8],[9]
Cost			3,465	[1],[4],[6]	3,462	[2],[8],[9]
Fair Value			$ 3,496	[1],[4],[6]	$ 3,420	[2],[8],[9]
Investment, Identifier [Axis]: Trinity Air Consultants Holdings Corporation, First lien
Spread			5.25%	[1],[4],[6],[20]	5.25%	[2],[8],[9],[21]
Interest Rate			10.62%	[1],[4],[6],[20]	10.18%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 7,449	[1],[4],[6]	$ 7,449	[2],[8],[9]
Cost			7,398	[1],[4],[6]	7,390	[2],[8],[9]
Fair Value			$ 7,449	[1],[4],[6]	$ 7,389	[2],[8],[9]
Investment, Identifier [Axis]: Trinity Air Consultants Holdings Corporation, First lien - Drawn
Spread			5.75%	[1],[4],[5],[20]	5.25%	[2],[9],[21],[22]
Interest Rate			11.27%	[1],[4],[5],[20]	9.40%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 1,499	[1],[4],[5]	$ 1,399	[2],[9],[22]
Cost			1,488	[1],[4],[5]	1,387	[2],[9],[22]
Fair Value			1,499	[1],[4],[5]	1,388	[2],[9],[22]
Investment, Identifier [Axis]: Trinity Air Consultants Holdings Corporation, First lien - Undrawn 1
Principal Amount, Par Value			1,045	[1],[4],[5]	727	[2],[9],[22]
Cost			0	[1],[4],[5]	(6)	[2],[9],[22]
Fair Value			0	[1],[4],[5]	(6)	[2],[9],[22]
Investment, Identifier [Axis]: Trinity Air Consultants Holdings Corporation, First lien - Undrawn 2
Principal Amount, Par Value			727	[1],[4],[5]	1,145	[2],[9],[22]
Cost			(5)	[1],[4],[5]	0	[2],[9],[22]
Fair Value			$ 0	[1],[4],[5]	$ (9)	[2],[9],[22]
Investment, Identifier [Axis]: USIC Holdings, Inc., Second lien
Spread			6.50%	[1],[20]	6.50%	[2],[21]
Interest Rate			11.93%	[1],[20]	10.88%	[2],[21]
Principal Amount, Par Value			$ 7,000	[1]	$ 7,000	[2]
Cost			6,973	[1]	6,970	[2]
Fair Value			$ 6,571	[1]	$ 6,580	[2]
Percent of Net Assets			0.59%	[1]	0.60%	[2]
Investment, Identifier [Axis]: USRP Holdings, Inc., First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 432
Cost	[1],[4],[5]		(3)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: USRP Holdings, Inc., First lien - Undrawn 1
Principal Amount, Par Value	[2],[9],[22]				$ 432
Cost	[2],[9],[22]				(3)
Fair Value	[2],[9],[22]				(14)
Investment, Identifier [Axis]: USRP Holdings, Inc., First lien - Undrawn 2
Principal Amount, Par Value	[2],[9],[22]				8,515
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (276)
Investment, Identifier [Axis]: USRP Holdings, Inc., First lien 1
Spread			5.75%	[1],[4],[6],[20]	5.50%	[2],[8],[9],[21]
Interest Rate			11.29%	[1],[4],[6],[20]	10.23%	[2],[8],[9],[21]
Principal Amount, Par Value			$ 13,024	[1],[4],[6]	$ 13,123	[2],[8],[9]
Cost			12,931	[1],[4],[6]	13,014	[2],[8],[9]
Fair Value			$ 13,024	[1],[4],[6]	$ 12,698	[2],[8],[9]
Investment, Identifier [Axis]: USRP Holdings, Inc., First lien 2
Spread			5.75%	[1],[4],[20]	5.50%	[2],[9],[21]
Interest Rate			11.29%	[1],[4],[20]	10.23%	[2],[9],[21]
Principal Amount, Par Value			$ 10,314	[1],[4]	$ 1,863	[2],[9]
Cost			10,241	[1],[4]	1,848	[2],[9]
Fair Value			$ 10,314	[1],[4]	$ 1,802	[2],[9]
Investment, Identifier [Axis]: VT Topco, Inc., Second lien 1
Spread	[2],[9],[21]				6.75%
Interest Rate	[2],[9],[21]				11.13%
Principal Amount, Par Value	[2],[9]				$ 7,837
Cost	[2],[9]				7,815
Fair Value	[2],[9]				$ 7,608
Investment, Identifier [Axis]: VT Topco, Inc., Second lien 2
Spread	[2],[8],[9],[21]				6.75%
Interest Rate	[2],[8],[9],[21]				11.13%
Principal Amount, Par Value	[2],[8],[9]				$ 4,475
Cost	[2],[8],[9]				4,230
Fair Value	[2],[8],[9]				$ 4,344
Investment, Identifier [Axis]: Vectra Co., Second Lien
Spread	[1],[6],[20]		7.25%
Interest Rate	[1],[6],[20]		12.68%
Principal Amount, Par Value	[1],[6]		$ 6,248
Cost	[1],[6]		6,042
Fair Value	[1],[6]		$ 6,248
Percent of Net Assets	[1],[6]		0.56%
Investment, Identifier [Axis]: Vectra Co., Second lien
Spread	[2],[9],[21]				7.25%
Interest Rate	[2],[9],[21]				11.63%
Principal Amount, Par Value	[2],[9]				$ 6,248
Cost	[2],[9]				5,990
Fair Value	[2],[9]				$ 4,056
Percent of Net Assets	[2],[9]				0.37%
Investment, Identifier [Axis]: Virtusa Corporation, Subordinated
Spread			7.13%	[1],[20]	7.13%	[2],[21]
Interest Rate			7.13%	[1],[20]	7.13%	[2],[21]
Principal Amount, Par Value			$ 1,000	[1]	$ 1,000	[2]
Cost			828	[1]	811	[2]
Fair Value			$ 809	[1]	$ 764	[2]
Percent of Net Assets			0.06%	[1]	0.07%	[2]
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First Lien -Undrawn
Principal Amount, Par Value	[1],[4],[5]		$ 2,480
Cost	[1],[4],[5]		(5)
Fair Value	[1],[4],[5]		$ 0
Percent of Net Assets	[1],[4],[5]		0%
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First Lien 1
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		10.78%
Principal Amount, Par Value	[1],[4]		$ 39,375
Cost	[1],[4]		39,281
Fair Value	[1],[4]		$ 39,375
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First Lien 2
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		11.26%
Principal Amount, Par Value	[1],[4]		$ 3,067
Cost	[1],[4]		3,044
Fair Value	[1],[4]		$ 3,067
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First Lien 3
Spread	[1],[4],[20]		5.75%
Interest Rate	[1],[4],[20]		10.67%
Principal Amount, Par Value	[1],[4]		$ 2,057
Cost	[1],[4]		2,041
Fair Value	[1],[4]		$ 2,057
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 2,480
Cost	[2],[9],[22]				(6)
Fair Value	[2],[9],[22]				$ (16)
Percent of Net Assets	[2],[9],[22]				(0.00%)
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First lien 1
Spread	[2],[9],[21]				6%
Interest Rate	[2],[9],[21]				10%
Principal Amount, Par Value	[2],[9]				$ 39,674
Cost	[2],[9]				39,565
Fair Value	[2],[9]				$ 39,420
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First lien 2
Spread	[2],[9],[21]				6%
Interest Rate	[2],[9],[21]				9.41%
Principal Amount, Par Value	[2],[9]				$ 3,090
Cost	[2],[9]				3,064
Fair Value	[2],[9]				$ 3,071
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, First lien 3
Spread	[2],[9],[21]				6%
Interest Rate	[2],[9],[21]				10.46%
Principal Amount, Par Value	[2],[9]				$ 2,072
Cost	[2],[9]				2,055
Fair Value	[2],[9]				$ 2,059
Investment, Identifier [Axis]: Wealth Enhancement Group, LLC, Subordinated
PIK	[1],[4],[20],[23]		15%
Interest Rate	[1],[4],[20],[23]		15%
Principal Amount, Par Value	[1],[4],[23]		$ 3,333
Cost	[1],[4],[23]		3,285
Fair Value	[1],[4],[23]		$ 3,283
Investment, Identifier [Axis]: YLG Holdings, Inc., First lien - Drawn
Spread			5%	[1],[4],[5],[6],[20]	5%	[2],[9],[21],[22]
Interest Rate			10.48%	[1],[4],[5],[6],[20]	9.90%	[2],[9],[21],[22]
Principal Amount, Par Value			$ 6,072	[1],[4],[5],[6]	$ 2,497	[2],[9],[22]
Cost			6,040	[1],[4],[5],[6]	2,479	[2],[9],[22]
Fair Value			$ 6,014	[1],[4],[5],[6]	$ 2,431	[2],[9],[22]
Percent of Net Assets			0.54%	[1],[4],[5],[6]	0.22%	[2],[9],[22]
Investment, Identifier [Axis]: YLG Holdings, Inc., First lien - Undrawn
Principal Amount, Par Value	[2],[9],[22]				$ 7,993
Cost	[2],[9],[22]				0
Fair Value	[2],[9],[22]				$ (209)
Percent of Net Assets	[2],[9],[22]				(0.02%)
Investment, Identifier [Axis]: YLG Holdings, Inc., First lien - Undrawn 1
Principal Amount, Par Value	[1],[4],[5]		$ 22
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		0
Investment, Identifier [Axis]: YLG Holdings, Inc., First lien - Undrawn 2
Principal Amount, Par Value	[1],[4],[5]		4,367
Cost	[1],[4],[5]		0
Fair Value	[1],[4],[5]		$ (42)
Investment, Identifier [Axis]: axko Acquisition Corporation, First lien - Drawn
Spread	[1],[4],[5],[20]		4.50%
Interest Rate	[1],[4],[5],[20]		13%
Principal Amount, Par Value	[1],[4],[5]		$ 166
Cost	[1],[4],[5]		165
Fair Value	[1],[4],[5]		$ 164
Investment, Identifier [Axis]: iCIMS, Inc., First lien - Drawn
Spread			6.75%
Interest Rate	[1],[5],[20]		12.14%
Principal Amount, Par Value	[1],[5]		$ 421
Cost	[1],[5]		422
Fair Value	[1],[5]		417
Investment, Identifier [Axis]: iCIMS, Inc., First lien - Undrawn 1
Principal Amount, Par Value			6,238	[1],[4],[5]	$ 7,036	[2],[8],[9],[22]
Cost			0	[1],[4],[5]	0	[2],[8],[9],[22]
Fair Value			0	[1],[4],[5]	0	[2],[8],[9],[22]
Investment, Identifier [Axis]: iCIMS, Inc., First lien - Undrawn 2
Principal Amount, Par Value			2,101	[1],[4],[5]	2,523	[2],[9],[22]
Cost			(18)	[1],[4],[5]	(21)	[2],[9],[22]
Fair Value			$ (21)	[1],[4],[5]	$ (22)	[2],[9],[22]
Investment, Identifier [Axis]: iCIMS, Inc., First lien 1
Spread			3.38%	[1],[6],[20],[23]	3.38%	[2],[8],[9],[21],[24]
PIK			3.88%	[1],[6],[20],[23]	3.88%	[2],[8],[9],[21],[24]
Interest Rate			12.63%	[1],[6],[20],[23]	11.52%	[2],[8],[9],[21],[24]
Principal Amount, Par Value			$ 27,286	[1],[6],[23]	$ 26,488	[2],[8],[9],[24]
Cost			27,093	[1],[6],[23]	26,267	[2],[8],[9],[24]
Fair Value			$ 27,013	[1],[6],[23]	$ 26,258	[2],[8],[9],[24]
Investment, Identifier [Axis]: iCIMS, Inc., First lien 2
Spread			7.25%		7.25%	[2],[9],[21]
Interest Rate			12.63%	[1],[20]	11.52%	[2],[9],[21]
Principal Amount, Par Value			$ 4,508	[1]	$ 4,508	[2],[9]
Cost			4,473	[1]	4,470	[2],[9]
Fair Value			$ 4,463	[1]	$ 4,474	[2],[9]
[1]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[2]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[3]Indicates assets that the Company deems to be "non-qualifying assets" under Section 55(a) of the Investment Company Act of 1940, as amended. Qualifying assets must represent at least 70.0% of the Company's total assets at the time of acquisition of any additional non-qualifying assets. As of September 30, 2023, 4.15% of the Company's total assets are represented by investments at fair value that are considered non-qualifying assets.[4] The fair value of the Company's investment is determined using unobservable inputs that are significant to the overall fair value measurement. See Note 4. Fair Value, for details. Investment is pledged as collateral for the Wells Credit Facility, a revolving credit facility among the Company as collateral manager, New Mountain Guardian III SPV, L.L.C. ("GIII SPV") as the borrower, Wells Fargo Bank, National Association as the administrative agent, collateral custodian, and the lenders party thereto. See Note 6. Borrowings , for details. Investment is pledged as collateral for the Wells Credit Facility, a revolving credit facility among the Company as Collateral Manager, New Mountain Guardian III SPV, L.L.C. ("GIII SPV") as the Borrower, Wells Fargo Bank, National Association as the Administrative Agent, and Collateral Custodian. See Note 6. Borrowings , for details. The fair value of the Company's investment is determined using unobservable inputs that are significant to the overall fair value measurement. See Note 4. Fair Value, for details. ummary of Significant Accounting Policies—Revenue Recognition , for details.

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Parenthetical) - investment	3 Months Ended	9 Months Ended
	Mar. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Investments at fair value that are non-qualifying assets as a percentage of total assets		4.15%	4.24%
Investment, Identifier [Axis]: Appriss Health Holdings, Inc., Wholly-owned subsidiaries
Number of investments held		2	2
Investment, Identifier [Axis]: Diamond Parent Holdings Corp., Wholly-owned subsidiaries
Number of investments held		2	2
Investment, Identifier [Axis]: Project Essential Topco, Inc., Wholly-owned subsidiaries
Number of investments held		2	2
Investment, Identifier [Axis]: ACI Parent Inc., Preferred shares
Preferred equity dividend rate	11.75%	11.75%
Investment, Identifier [Axis]: Appriss Health Intermediate Holdings, Inc., Preferred shares
Preferred equity dividend rate	11%	11%
Investment, Identifier [Axis]: Dealer Tire Holdings, LLC, Preferred shares
Preferred equity dividend rate	7%	7%
Investment, Identifier [Axis]: Diamond Parent Holdings Corp., First lien
Number of investments held		3	3
Investment, Identifier [Axis]: Diamond Parent Holdings Corp., First lien - Delayed Draw
Number of investments held		2	2
Investment, Identifier [Axis]: Diligent Preferred Issuer, Inc., Preferred shares
Preferred equity dividend rate	10.50%	10.50%
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc., Preferred shares
Preferred equity dividend rate	11.75%	11.75%
Investment, Identifier [Axis]: OEC Holdco, LLC, Preferred shares
Preferred equity dividend rate	11%	11%
Investment, Identifier [Axis]: OEConnection LLC, Second lien
Number of investments held		2	2
Investment, Identifier [Axis]: Pioneer Buyer I, LLC, First lien
Number of investments held		2
Investment, Identifier [Axis]: Project Essential Super Parent, Inc., Preferred shares
Preferred equity variable rate margin	9.50%	9.50%

Formation and Business Purpose

Formation and Business Purpose	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Formation and Business Purpose	Formation and Business Purpose New Mountain Guardian III BDC, L.L.C. (the "Company") is a Delaware limited liability company formed on May 22, 2019. The Company is a closed-end, 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"). The Company has elected to be treated for U.S. federal income tax purposes, and intends to continue to comply with the requirements to qualify annually, as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). New Mountain Finance Advisers BDC, L.L.C. (the "Investment Adviser") is a wholly-owned subsidiary of New Mountain Capital Group, L.P. (together with New Mountain Capital, L.L.C. and its affiliates, "New Mountain Capital") whose ultimate owners include Steven B. Klinsky, other current and former New Mountain Capital professionals and related vehicles and a minority investor. New Mountain Capital is a global investment firm with approximately $45 billion of assets under management and a track record of investing in the middle market. New Mountain Capital focuses on investing in defensive growth companies across its private equity, credit and net lease investment strategies.The Investment Adviser manages the Company's day-to-day operations and provides it with investment advisory and management services. The Investment Adviser also manages other funds that may have investment mandates that are similar, in whole or in part, to the Company's. New Mountain Finance Administration, L.L.C. (the "Administrator"), a wholly-owned subsidiary of New Mountain Capital, provides the administrative services necessary to conduct the Company's day-to-day operations. The Administrator has hired a third-party sub-administrator to assist with the provision of administrative services. The Company conducted a private offering (the "Private Offering") of units of the Company's limited liability company interests (the "Units"). Units were offered for subscription continuously throughout the Closing Period (as defined below). Each investor in the Private Offering made a capital commitment (each, a "Capital Commitment") to purchase Units pursuant to a subscription agreement entered into with the Company (a "Subscription Agreement"). Closings of the Private Offering occurred, from time to time, in the Investment Adviser's sole discretion, during the 18-month period following the initial closing of Capital Commitments, which occurred on July 15, 2019 (the "Closing Period"). Pursuant to the Limited Liability Company Agreement, as amended and restated on June 28, 2023 (the "Fourth A&R LLC Agreement"), the Closing Period was extended to and ended on October 15, 2021. The Company accepted and drew down on Capital Commitments from investors throughout the Closing Period and drew down on Capital Commitments throughout the Investment Period (as defined below). At the end of the Closing Period, the Company had aggregate Capital Commitments from investors of $1,149,065. The Company commenced loan origination and investment activities contemporaneously with the initial drawdown from investors in the Private Offering, which occurred on August 2, 2019 (the "Initial Drawdown"). The "Investment Period" began on July 15, 2019 and ended on July 15, 2023, the four-year anniversary of such date. The term of the Company is until July 15, 2025, six years from July 15, 2019, subject to (i) a one-year extension as determined by the Investment Adviser in its sole discretion and (ii) an additional one-year extension as determined by the Company's board of directors. The Company established New Mountain Guardian III SPV, L.L.C. ("GIII SPV") as a wholly-owned direct subsidiary, whose assets are used to secure GIII SPV's credit facility. The Company established New Mountain Guardian III OEC, Inc. ("GIII OEC") as a wholly-owned direct subsidiary, which is treated as a corporation for U.S. federal income tax purposes and is intended to facilitate our compliance with the requirements to be treated as a RIC under the Code by holding equity or equity-like investments in one of the Company's portfolio companies organized as a limited liability company; the Company consolidates this corporation for accounting purposes but the corporation is not consolidated for U.S. federal income tax purposes, and may incur U.S. federal income tax expense as a result of its ownership of the portfolio company. The Company focuses on providing direct lending solutions to U.S. upper middle market companies backed by top private equity sponsors. The Company's investment objective is to generate current income and capital appreciation through the sourcing and origination of senior secured loans and select junior capital positions, to growing businesses in defensive industries that offer attractive risk-adjusted returns. The Company's differentiated investment approach leverages the deep sector knowledge and operating resources of New Mountain Capital. The Company primarily invests in senior secured debt of U.S. sponsor-backed, middle market companies, defined by annual earnings before interest, taxes, depreciation, and amortization ("EBITDA") between $10,000 and $200,000. The Company focuses on defensive growth businesses that generally exhibit the following characteristics: (i) acyclicality, (ii) sustainable secular growth drivers, (iii) niche market dominance and high barriers to competitive entry, (iv) recurring revenue and strong free cash flow, (v) flexible cost structures and (vi) seasoned management teams. Senior secured loans may include traditional first lien loans or unitranche loans. The Company invests a significant portion of its portfolio in unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first-lien position. Because unitranche loans combine characteristics of senior and subordinated debt, they have risks similar to the risks associated with secured debt and subordinated debt. Certain unitranche loan investments may include “last-out” positions, which generally heighten the risk of loss. In some cases, the Company’s investments may also include equity interests. As of September 30, 2023, the Company's top five industry concentrations were software, business services, healthcare, consumer services and financial services.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of accounting —The Company's consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States ("GAAP"). The Company is an investment company following accounting and reporting guidance in Accounting Standards Codification Topic 946, Financial Services — Investment Companies ("ASC 946"). The Company consolidates its wholly-owned direct subsidiaries GIII SPV and GIII OEC. The Company's consolidated financial statements reflect all adjustments and reclassifications which, in the opinion of management, are necessary for the fair presentation of the results of operations and financial condition for the period(s) presented. All intercompany transactions have been eliminated. Revenues are recognized when earned and expenses when incurred. The financial results of the Company's portfolio investments are not consolidated in the financial statements. The Company's interim consolidated financial statements are prepared in accordance with GAAP and pursuant to the requirements for reporting on Form 10-Q and Articles 6 and 10 of Regulation S-X. Accordingly, the Company’s interim consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements. In the opinion of management, all adjustments, consisting solely of normal recurring accruals considered necessary for the fair presentation of financial statements for the interim period, have been included. The current period's results of operations will not necessarily be indicative of results that ultimately may be achieved for the fiscal year ending December 31, 2023. Investments —The Company applies fair value accounting in accordance with GAAP. Fair value is the amount 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. Investments are reflected on the Company's Consolidated Statements of Assets, Liabilities and Members' Capital at fair value, with changes in unrealized gains and losses resulting from changes in fair value reflected in the Company's Consolidated Statements of Operations as "Net change in unrealized appreciation (depreciation) of investments" and realizations on portfolio investments reflected in the Company's Consolidated Statements of Operations as "Net realized gains (losses) on investments". The Company values its assets on a quarterly basis, or more frequently if required under the 1940 Act. In all cases, the Company's board of directors is ultimately and solely responsible for determining the fair value of the Company's portfolio investments on a quarterly basis in good faith, including investments that are not publicly traded, those whose market prices are not readily available and any other situation where its portfolio investments require a fair value determination. Security transactions are accounted for on a trade date basis. The Company's quarterly valuation procedures are set forth in more detail below: (1) Investments for which market quotations are readily available on an exchange are valued at such market quotations based on the closing price indicated from independent pricing services. (2) Investments for which indicative prices are obtained from various pricing services and/or brokers or dealers are valued through a multi-step valuation process, as described below, to determine whether the quote(s) obtained is representative of fair value in accordance with GAAP. a. Bond quotes are obtained through independent pricing services. Internal reviews are performed by the investment professionals of the Investment Adviser to ensure that the quote obtained is representative of fair value in accordance with GAAP and, if so, the quote is used. If the Investment Adviser is unable to sufficiently validate the quote(s) internally and if the investment's par value or its fair value exceeds the materiality threshold, the investment is valued similarly to those assets with no readily available quotes (see (3) below); and b. For investments other than bonds, the Company looks at the number of quotes readily available and performs the following procedures: i. Investments for which two or more quotes are received from a pricing service are valued using the mean of the mean of the bid and ask of the quotes obtained. The Company will evaluate the reasonableness of the quote, and if the quote is determined to not be representative of fair value, the Company will use one or more of the methodologies outlined below to determine fair value; and ii. Investments for which one quote is received from a pricing service are validated internally. The investment professionals of the Investment Adviser analyze the market quotes obtained using an array of valuation methods (further described below) to validate the fair value. If the Investment Adviser is unable to sufficiently validate the quote internally and if the investment's par value or its fair value exceeds the materiality threshold, the investment is valued similarly to those assets with no readily available quotes (see (3) below). (3) Investments for which quotations are not readily available through exchanges, pricing services, brokers, or dealers are valued through a multi-step valuation process: a. Each portfolio company or investment is initially valued by the investment professionals of the Investment Adviser responsible for the credit monitoring; b. Preliminary valuation conclusions will then be documented and discussed with the Company's senior management; c. If an investment falls into (3) above for four consecutive quarters and if the investment's par value or its fair value exceeds the materiality threshold, then at least once each fiscal year, the valuation for each portfolio investment for which the Company does not have a readily available market quotation will be reviewed by an independent valuation firm engaged by the Company's board of directors; and d. When deemed appropriate by the Company's management, an independent valuation firm may be engaged to review and value investment(s) of a portfolio company, without any preliminary valuation being performed by the Investment Adviser. The investment professionals of the Investment Adviser will review and validate the value provided. For investments in revolving credit facilities and delayed draw commitments, the cost basis of the funded investments purchased is offset by any costs/netbacks received for any unfunded portion on the total balance committed. The fair value is also adjusted for the price appreciation or depreciation on the unfunded portion. As a result, the purchase of a commitment not completely funded may result in a negative fair value until it is called and funded. The values assigned to investments are based upon available information and do not necessarily represent amounts which might ultimately be realized, since such amounts depend on future circumstances and cannot be reasonably determined until the individual positions are liquidated. Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company's investments may fluctuate from period to period and the fluctuations could be material. See Note 3. Investments , for further discussion relating to investments. Cash and cash equivalents —Cash and cash equivalents include cash and short-term, highly liquid investments. The Company defines cash equivalents as securities that are readily convertible into known amounts of cash and so near maturity that there is insignificant risk of changes in value. These securities have original maturities of three months or less. The Company did not hold any cash equivalents as of September 30, 2023 and December 31, 2022. Revenue recognition Sales and paydowns of investments: Realized gains and losses on investments are determined on the specific identification method. Interest and dividend income: Interest income, including amortization of premium and discount using the effective interest method, is recorded on the accrual basis and periodically assessed for collectability. Interest income also includes interest earned from cash on hand. Upon the prepayment of a loan or debt security, any prepayment penalties are recorded as part of interest income. The Company has loans and certain preferred equity investments in its portfolio that contain a payment-in-kind ("PIK") interest or dividend provision. PIK interest and dividends are accrued and recorded as income at the contractual rates, if deemed collectible. The PIK interest and dividends are added to the principal or share balances on the capitalization dates and are generally due at maturity or when redeemed by the issuer. For the three and nine months ended September 30, 2023, the Company recognized PIK interest from investments of $3,036 and $8,427, respectively, and PIK dividends from investments of $2,482 and $7,206, respectively. For the three and nine months ended September 30, 2022, the Company recognized PIK interest from investments of $2,144 and $5,498, respectively, and PIK dividends from investments of $2,200 and $5,886, respectively. Dividend income on preferred securities is recorded as dividend income on an accrual basis to the extent that such amounts are deemed collectible. Non-accrual income: Investments are placed on non-accrual status when principal or interest payments are past due for 30 days or more and when there is reasonable doubt that principal or interest will be collected. Accrued cash and un-capitalized PIK interest or dividends are reversed when an investment is placed on non-accrual status. Previously capitalized PIK interest or dividends are not reversed when an investment is placed on non-accrual status. Interest or dividend payments received on non-accrual investments may be recognized as income or applied to principal depending upon management's judgment of the ultimate collectability. Non-accrual investments are restored to accrual status when past due principal and interest is paid and, in management's judgment, are likely to remain current. As of September 30, 2023 and December 31, 2022, no investments were on non-accrual status. Fee income: Fee income represents delayed compensation, amendment fees, revolver fees, upfront fees and other miscellaneous fees received and are typically non-recurring in nature. Delayed compensation is income earned from counterparties on trades that do not settle within a set number of business days after the trade date. Fee income may also include fees from bridge loans. The Company may from time to time enter into bridge financing commitments, an obligation to provide interim financing to a counterparty until permanent credit can be obtained. These commitments are short-term in nature and may expire unfunded. A fee is received by the Company for providing such commitments. Structuring fees and upfront fees are recognized as income when earned, usually when paid at the closing of the investment, and are non-refundable. Income received in exchange for the provision of services such as recurring administration services are also recognized as fee income in the period in which it was earned. Interest and other financing expenses —Interest and other financing fees are recorded on an accrual basis by the Company. See Note 6. Borrowings , for details. Organizational expenses —Organizational expenses include costs and expenses incurred in connection with the formation and organization of the Company and are expensed as incurred in the Consolidated Statements of Operations. Any organizational and offering expenses paid by the Company in excess of the lesser of $2,000 or 0.50% of the aggregate Capital Commitments will be applied as a reduction to the base management fee paid to the Investment Adviser and cannot be recouped by the Investment Adviser. Deferred financing costs —The deferred financing costs of the Company consist of capitalized expenses related to the origination and amending of the Company's borrowings. The Company amortizes these costs into expense over the stated life of the related borrowing. See Note 6. Borrowings , for details. Income taxes —The Company has elected to be treated as a RIC for U.S. federal income tax purposes under Subchapter M of the Code and intends to comply with the requirements to qualify and maintain its status as a RIC annually. As a RIC, the Company is not subject to U.S. federal income tax on the portion of taxable income and gains timely distributed to its unitholders. To continue to qualify and be subject to tax treatment as a RIC, the Company is required to meet certain income and asset diversification tests in addition to timely distributing at least 90.0% of its investment company taxable income, as defined by the Code. Since U.S. federal income tax regulations differ from GAAP, distributions in accordance with tax regulations may differ from net investment income and realized gains recognized for financial reporting purposes. Differences between taxable income and the results of operations for financial reporting purposes may be permanent or temporary in nature. Permanent differences are reclassified among capital accounts in the consolidated 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. For U.S. federal income tax purposes, distributions paid to unitholders of the Company are reported as ordinary income, return of capital, long term capital gains or a combination thereof. The Company will be subject to a 4.0% nondeductible federal excise tax on certain undistributed income unless the Company distributes, in a timely manner as required by the Code, an amount at least equal to the sum of (1) 98.0% of its respective net ordinary income earned for the calendar year and (2) 98.2% of its respective capital gain net income for the one-year period ending October 31 in the calendar year. Certain consolidated subsidiaries of the Company are subject to U.S. federal and state income taxes. These taxable entities are not consolidated for U.S. federal income tax purposes and may generate income tax liabilities or assets from permanent and temporary differences in the recognition of items for financial reporting and U.S. federal income tax purposes. For the three and nine months ended September 30, 2023, the Company recognized a total income tax benefit (provision) of approximately $2,235 and $(127), respectively, for the Company's consolidated subsidiary. For the three and nine months ended September 30, 2022, the Company recognized a total income tax benefit (provision) of approximately $102 and $(5), respectively, for the Company's consolidated subsidiary. For the three and nine months ended September 30, 2023, the Company recorded current income tax (benefit) expense of approximately $(1,402) and $813, respectively, and deferred income tax benefit of approximately $833 and $686, respectively, for the Company's consolidated subsidiary. For the three and nine months ended September 30, 2022, the Company recorded current income tax benefit of approximately $5 and $54, respectively, and deferred income tax benefit (provision) of $97 and $(59), respectively, for the Company's consolidated subsidiary. As of September 30, 2023 and December 31, 2022, the Company had $353 and $(333), respectively, of deferred tax assets (liabilities) primarily relating to deferred taxes attributable to certain differences between the computation of income for the U.S. federal income tax purposes as compared to GAAP. Based on its analysis, the Company has determined that there were no uncertain tax positions that do not meet the more likely than not threshold as defined by Accounting Standards Codification Topic 740, Income Taxes (“ASC 740”) through December 31, 2022. The 2019 through 2022 tax years and forward remain subject to examination by the U.S. federal, state, and local tax authorities. Distributions —Distributions to the Company's unitholders are recorded on the record date as set by the Company's board of directors. The Company intends to make timely distributions to its unitholders that will be sufficient to enable the Company to qualify and maintain its status as a RIC. The Company intends to distribute approximately all of its net investment income on a quarterly basis and substantially all of its taxable income on an annual basis, except that the Company may retain certain net capital gains for reinvestment. Earnings per Unit —The Company's earnings per unit ("EPU") amounts have been computed based on the weighted-average number of Units outstanding for the period. Basic EPU is computed by dividing net increase (decrease) in members' capital resulting from operations by the weighted average number of Units outstanding during the period of computation. Diluted EPU is computed by dividing net increase (decrease) in members' capital resulting from operations by the weighted average number of Units assuming all potential Units had been issued, and its related net impact to members' capital accounted for, and the additional Units were dilutive. Diluted EPU reflects the potential dilution, using the as-if-converted method for convertible debt, which could occur if all potentially dilutive securities were exercised. Foreign securities —The accounting records of the Company are maintained in U.S. dollars. Investment securities denominated in foreign currencies are translated into U.S. dollars based on the rate of exchange of such currencies on the date of valuation. Purchases and sales of investment securities and income and expense items denominated in foreign currencies are translated into U.S. dollars based on the rate of exchange of such currencies on the respective dates of the transactions. The Company does not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Such fluctuations are included with "Net change in unrealized appreciation (depreciation) of investments" and "Net realized gains (losses) on investments" in the Company's Consolidated Statements of Operations. Investments denominated in foreign currencies may be negatively affected by movements in the rate of exchange between the U.S. dollar and such foreign currencies. This movement is beyond the control of the Company and cannot be predicted. Use of estimates —The preparation of the Company's consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the Company's consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Changes in the economic environment, financial markets, and other metrics used in determining these estimates could cause actual results to differ from the estimates used, and the differences could be material.

Investments

Investments	9 Months Ended
	Sep. 30, 2023
Schedule of Investments [Abstract]
Investments	Investments At September 30, 2023, the Company's investments consisted of the following: Investment Cost and Fair Value by Type Cost Fair Value First lien $ 1,627,756 $ 1,611,873 Second lien 339,062 322,891 Subordinated 35,558 35,207 Equity and other 95,829 92,859 Total investments $ 2,098,205 $ 2,062,830 Investment Cost and Fair Value by Industry Cost Fair Value Software $ 773,394 $ 766,717 Business Services 445,626 442,457 Healthcare 417,651 399,923 Consumer Services 127,841 126,392 Financial Services 82,722 82,813 Distribution & Logistics 83,651 81,475 Consumer Products 44,479 40,793 Education 35,991 35,502 Information Technology 32,531 32,801 Packaging 29,210 29,048 Specialty Chemicals & Materials 19,067 18,661 Business Products 6,042 6,248 Total investments $ 2,098,205 $ 2,062,830 At December 31, 2022, the Company's investments consisted of the following: Investment Cost and Fair Value by Type Cost Fair Value First lien $ 1,609,747 $ 1,586,875 Second lien 376,051 347,952 Subordinated 31,265 30,622 Equity and other 90,143 88,490 Total investments $ 2,107,206 $ 2,053,939 Investment Cost and Fair Value by Industry Cost Fair Value Software $ 787,131 $ 775,032 Business Services 434,189 423,595 Healthcare 415,568 397,762 Consumer Services 118,853 116,931 Financial Services 100,638 98,801 Distribution & Logistics 83,210 80,165 Consumer Products 45,138 44,607 Education 35,968 34,249 Information Technology 32,501 32,233 Packaging 29,392 28,793 Specialty Chemicals & Materials 18,628 17,715 Business Products 5,990 4,056 Total investments $ 2,107,206 $ 2,053,939 As of September 30, 2023, the Company had unfunded commitments on revolving credit facilities of $80,800 and no unfunded commitments on bridge facilities. As of September 30, 2023, the Company had unfunded commitments in the form of delayed draws or other future funding commitments of $79,245. The unfunded commitments on revolving credit facilities and delayed draws are disclosed on the Company's Consolidated Schedule of Investments as of September 30, 2023. As of December 31, 2022, the Company had unfunded commitments on revolving credit facilities of $81,811 and no unfunded commitments on bridge facilities. As of December 31, 2022, the Company had unfunded commitments in the form of delayed draws or other future funding commitments of $152,699. The unfunded commitments on revolving credit facilities and delayed draws are disclosed on the Company's Consolidated Schedule of Investments as of December 31, 2022. Investment Risk Factors —First and second lien debt that the Company invests in is almost entirely rated below investment grade or may be unrated. Debt investments rated below investment grade are often referred to as "leveraged loans", "high yield" or "junk" debt investments, and may be considered "high risk" compared to debt investments that are rated investment grade. These debt investments are considered speculative because of the credit risk of the issuers. Such issuers are considered more likely than investment grade issuers to default on their payments of interest and principal, and such risk of default could reduce the members' capital and income distributions of the Company. In addition, some of the Company's debt investments will not fully amortize during their lifetime, which could result in a loss or a substantial amount of unpaid principal and interest due upon maturity. First and second lien debt may also lose significant market value before a default occurs. Furthermore, an active trading market may not exist for these first and second lien debt investments. This illiquidity may make it more difficult to value the debt. Subordinated debt is generally subject to similar risks as those associated with first and second lien debt, except that such debt is subordinated in payment and/or lower in lien priority. Subordinated debt is subject to the additional risk that the cash flow of the borrower and the property securing the debt, if any, may be insufficient to meet scheduled payments after giving effect to the senior secured and unsecured obligations of the borrower. The Company may directly invest in the equity of private companies or, in some cases, equity investments could be made in connection with a debt investment. Equity investments may or may not fluctuate in value, resulting in recognized realized gains or losses upon disposition.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair value is the amount 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. Accounting Standards Codification Topic 820, Fair Value Measurements and Disclosure ("ASC 820") establishes a fair value hierarchy that prioritizes and ranks the inputs to valuation techniques used in measuring investments at fair value. The hierarchy classifies the inputs used in measuring fair value into three levels as follows: Level I —Quoted prices (unadjusted) are available in active markets for identical investments and the Company has the ability to access such quotes as of the reporting date. The type of investments which would generally be included in Level I include active exchange-traded equity securities and exchange-traded derivatives. As required by ASC 820, the Company, to the extent that it holds such investments, does not adjust the quoted price for these investments, even in situations where the Company holds a large position and a sale could reasonably impact the quoted price. Level II —Pricing inputs are observable for the investments, either directly or indirectly, as of the reporting date, but are not the same as those used in Level I. Level II inputs include the following: • Quoted prices for similar assets or liabilities in active markets; • Quoted prices for identical or similar assets or liabilities in non-active markets (examples include corporate and municipal bonds, which trade infrequently); • Pricing models whose inputs are observable for substantially the full term of the asset or liability (examples include most over-the-counter derivatives, including foreign exchange forward contracts); and • Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full term of the asset or liability. Level III —Pricing inputs are unobservable for the investment and include situations where there is little, if any, market activity for the investment. The inputs used to measure fair value may fall into different levels. In all instances when the inputs fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level of input that is significant to the fair value measurement in its entirety. As such, a Level III fair value measurement may include inputs that are both observable and unobservable. Gains and losses for such assets categorized within the Level III table below may include changes in fair value that are attributable to both observable inputs and unobservable inputs. The inputs into the determination of fair value require significant judgment or estimation by management and consideration of factors specific to each investment. A review of the fair value hierarchy classifications is conducted on a quarterly basis. Changes in the observability of valuation inputs may result in the transfer of certain investments within the fair value hierarchy from period to period. The following table summarizes the levels in the fair value hierarchy that the Company's portfolio investments fall into as of September 30, 2023: Total Level I Level II Level III First lien $ 1,611,873 $ — $ 2,567 $ 1,609,306 Second lien 322,891 — 29,304 293,587 Subordinated 35,207 — 809 34,398 Equity and other 92,859 — — 92,859 Total investments $ 2,062,830 $ — $ 32,680 $ 2,030,150 The following table summarizes the levels in the fair value hierarchy that the Company's portfolio investments fall into as of December 31, 2022: Total Level I Level II Level III First lien $ 1,586,875 $ — $ 7,061 $ 1,579,814 Second lien 347,952 — 48,183 299,769 Subordinated 30,622 — 764 29,858 Equity and other 88,490 — — 88,490 Total investments $ 2,053,939 $ — $ 56,008 $ 1,997,931 The following table summarizes the changes in fair value of Level III portfolio investments for the three months ended September 30, 2023, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2023: Total First Lien Second Lien Subordinated Equity and other Fair Value, June 30, 2023 $ 2,040,022 $ 1,597,415 $ 315,811 $ 33,740 $ 93,056 Total gains or losses included in earnings: Net change in unrealized appreciation (depreciation) of investments 10,120 3,227 7,504 328 (939) Purchases, including capitalized PIK and revolver fundings 23,705 22,633 — 330 742 Proceeds from sales and paydowns of investments (48,281) (13,969) (34,312) — — Transfers into Level III(1) 8,230 — 8,230 — — Transfers out of Level III(1) (3,646) — (3,646) — — Fair Value, September 30, 2023 $ 2,030,150 $ 1,609,306 $ 293,587 $ 34,398 $ 92,859 Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: $ 9,103 $ 2,636 $ 7,078 $ 328 $ (939) (1) As of September 30, 2023, portfolio investments were transferred into Level III from Level II and out of Level III into Level II at fair value as of the beginning of the period in which the reclassification occurred. The following table summarizes the changes in fair value of Level III portfolio investments for the three months ended September 30, 2022, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2022: Total First Lien Second Lien Subordinated Equity and other Fair Value, June 30, 2022 $ 1,908,049 $ 1,528,560 $ 284,125 $ 9,969 $ 85,395 Total gains or losses included in earnings: Net realized gains on investments (95) (95) — — — Net change in unrealized depreciation of investments (16,756) (8,828) (6,443) (5) (1,480) Purchases, including capitalized PIK and revolver fundings 142,579 111,438 10,086 20,151 904 Proceeds from paydowns of investments (98,508) (81,320) (17,188) — — Transfers into Level III(1) 81,954 35,328 46,626 — — Transfers out of Level III(1) (46,187) (30,777) (15,410) — — Fair Value, September 30, 2022 $ 1,971,036 $ 1,554,306 $ 301,796 $ 30,115 $ 84,819 Unrealized depreciation for the period relating to those Level III assets that were still held by the Company at the end of the period: $ (17,082) $ (8,829) $ (6,768) $ (5) $ (1,480) (1) As of September 30, 2022, portfolio investments were transferred into Level III from Level II and out of Level III into Level II at fair value as of the beginning of the period in which the reclassification occurred. The following table summarizes the changes in fair value of Level III portfolio investments for the nine months ended September 30, 2023, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2023: Total First Lien Second Lien Subordinated Equity and other Fair Value, December 31, 2022 $ 1,997,931 $ 1,579,814 $ 299,769 $ 29,858 $ 88,490 Total gains or losses included in earnings: Net realized losses on investments (339) (339) — — — Net change in unrealized appreciation (depreciation) of investments 19,587 9,067 11,542 294 (1,316) Purchases, including capitalized PIK and revolver fundings 99,941 90,010 — 4,246 5,685 Proceeds from paydowns of investments (103,558) (69,246) (34,312) — — Transfers into Level III(1) 16,588 — 16,588 — — Fair Value, September 30, 2023 $ 2,030,150 $ 1,609,306 $ 293,587 $ 34,398 $ 92,859 Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: $ 17,233 7,882 $ 10,373 $ 294 $ (1,316) (1) As of September 30, 2023, portfolio investments were transferred into Level III from Level II at fair value as of the beginning of the period in which the reclassification occurred. The following table summarizes the changes in fair value of Level III portfolio investments for the nine months ended September 30, 2022, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2022: Total First Lien Second Lien Subordinated Equity and other Fair Value, December 31, 2021 $ 1,512,366 $ 1,206,596 $ 221,895 $ 9,390 $ 74,485 Total gains or losses included in earnings: Net realized gains on investments (95) (95) — — — Net change in unrealized depreciation of investments (26,708) (9,580) (15,144) (13) (1,971) Purchases, including capitalized PIK and revolver fundings 547,044 495,748 18,253 20,738 12,305 Proceeds from paydowns of investments (155,551) (138,363) (17,188) — — Transfers into Level III(1) 118,715 — 118,715 — — Transfers out of Level III(1) (24,735) — (24,735) — — Fair Value, September 30, 2022 $ 1,971,036 $ 1,554,306 $ 301,796 $ 30,115 $ 84,819 Unrealized depreciation for the period relating to those Level III assets that were still held by the Company at the end of the period: $ (27,710) $ (10,242) $ (15,484) $ (13) $ (1,971) (1) As of September 30, 2022, portfolio investments were transferred into Level III from Level II and out of Level III into Level II at fair value as of the beginning of the period in which the reclassification occurred. Except as noted in the tables above, there were no other transfers in or out of Level I, II, or III during the three and nine months ended September 30, 2023 and September 30, 2022. Transfers into Level III occur as quotations obtained through pricing services are deemed not representative of fair value as of the balance sheet date, and such assets are internally valued. As quotations obtained through pricing services are substantiated through additional market sources, investments are transferred out of Level III. In addition, transfers out of Level III and transfers into Level III occur based on the increase or decrease in the availability of certain observable inputs. Investments will be transferred into Level III from Level II and out of Level III into Level II at fair value as of the beginning of the period in which the reclassification occurred. The Company invests in revolving credit facilities. These investments are categorized as Level III investments as these assets are not actively traded and their fair values are often implied by the term loans of the respective portfolio companies. The Company generally uses the following framework when determining the fair value of investments where there are little, if any, market activity or observable pricing inputs. The Company typically determines the fair value of its performing debt investments utilizing an income approach. Additional consideration is given using a market based approach, as well as reviewing the overall underlying portfolio company's performance and associated financial risks. The following outlines additional details on the approaches considered: Company Performance, Financial Review, and Analysis: Prior to investment, as part of its due diligence process, the Company evaluates the overall performance and financial stability of the portfolio company. Post investment, the Company analyzes each portfolio company's current operating performance and relevant financial trends versus prior year and budgeted results, including, but not limited to, factors affecting its revenue and EBITDA growth, margin trends, liquidity position, covenant compliance and changes to its capital structure. The Company also attempts to identify and subsequently track any developments at the portfolio company within its customer or vendor base, or within the industry or the macroeconomic environment generally, that may alter any material element of its original investment thesis. This analysis is specific to each portfolio company. The Company leverages the knowledge gained from its original due diligence process, augmented by this subsequent monitoring, to continually refine its outlook for each of its portfolio companies and ultimately form the valuation of its investment in each portfolio company. When an external event such as a purchase transaction, public offering or subsequent sale occurs, the Company will consider the pricing indicated by the external event to corroborate the private valuation. For debt investments, the Company may employ the Market Based Approach (as described below) to assess the total enterprise value of the portfolio company, in order to evaluate the enterprise value coverage of the Company's debt investment. For equity investments or in cases where the Market Based Approach implies a lack of enterprise value coverage for the debt investment, the Company may additionally employ a discounted cash flow analysis based on the free cash flows of the portfolio company to assess the total enterprise value. After enterprise value coverage is demonstrated for the Company's debt investments through the method(s) above, the Income Based Approach (as described below) may be employed to estimate the fair value of the investment. Market Based Approach: The Company may estimate the total enterprise value of each portfolio company by utilizing EBITDA or revenue multiples of publicly traded comparable companies and comparable transactions. The Company considers numerous factors when selecting the appropriate companies whose trading multiples are used to value its portfolio companies. These factors include, but are not limited to, the type of organization, similarity to the business being valued, and relevant risk factors, as well as size, profitability and growth expectations. The Company may apply an average of various relevant comparable company EBITDA or revenue multiples to the portfolio company's latest twelve month ("LTM") EBITDA or revenue or projected EBITDA or revenue to calculate the enterprise value of the portfolio company. Significant increases or decreases in the EBITDA or revenue multiples will result in an increase or decrease in enterprise value, which may result in an increase or decrease in the fair value estimate of the investment. In applying the market based approach as of September 30, 2023 and December 31, 2022, the Company used the relevant EBITDA or revenue multiple ranges set forth in the table below to determine the enterprise value of its portfolio companies. The Company believes these were reasonable ranges in light of current comparable company trading levels and the specific portfolio companies involved. Income Based Approach: The Company also may use a discounted cash flow analysis to estimate the fair value of the investment. Projected cash flows represent the relevant security's contractual interest, fee and principal payments plus the assumption of full principal recovery at the investment's expected maturity date. These cash flows are discounted at a rate established utilizing a combination of a yield calibration approach and a comparable investment approach. The yield calibration approach incorporates changes in the credit quality (as measured by relevant statistics) of the portfolio company, as compared to changes in the yield associated with comparable credit quality market indices, between the date of origination and the valuation date. The comparable investment approach utilizes an average yield-to-maturity of a selected set of high-quality, liquid investments to determine a comparable investment discount rate. Significant increases or decreases in the discount rate would result in a decrease or increase in the fair value measurement. In applying the income based approach as of September 30, 2023 and December 31, 2022, the Company used the discount ranges set forth in the table below to value investments in its portfolio companies. The unobservable inputs used in the fair value measurement of the Company's Level III investments as of September 30, 2023 were as follows: Range Type Fair Value as of September 30, 2023 Approach Unobservable Input Low High Weighted First lien $ 1,577,434 Market & income approach EBITDA multiple 9.0x 70.0x 18.6x Revenue multiple 4.0x 19.5x 10.0x Discount rate 9.4 % 25.4 % 11.2 % 31,872 Other N/A (2) N/A N/A N/A Second lien 287,339 Market & income approach EBITDA multiple 9.5x 21.0x 16.4x Discount rate 10.3 % 34.0 % 13.2 % 6,248 Other N/A (2) N/A N/A N/A Subordinated 34,398 Market & income approach EBITDA multiple 14.0x 32.5x 20.4x Discount rate 13.0 % 16.3 % 13.5 % Equity and other 92,859 Market & income approach EBITDA multiple 11.0x 26.5x 14.4x Revenue multiple 4.0x 20.1x 6.2x Discount rate 10.8 % 17.2 % 13.5 % $ 2,030,150 (1) Unobservable inputs were weighted by the relative fair value of the investments. (2) Fair value was determined based on transaction pricing or recent acquisition or sale as the best measure of fair value with no material changes in operations of the related portfolio company since the transaction date. The unobservable inputs used in the fair value measurement of the Company's Level III investments as of December 31, 2022 were as follows: Range Type Fair Value as of December 31, 2022(3) Approach Unobservable Input Low High Weighted First lien $ 1,579,843 Market & income approach EBITDA multiple 8.7x 70.0x 19.3x Revenue multiple 6.0x 19.5x 10.4x Discount rate 8.3 % 29.4 % 10.7 % (29) Other N/A (2) N/A N/A N/A Second lien 299,769 Market & income approach EBITDA multiple 10.0x 32.0x 18.3x Discount rate 11.2 % 23.1 % 12.8 % Subordinated 29,858 Market & income approach EBITDA multiple 14.0x 23.5x 21.4x Discount rate 13.5% 15.7% 14.7% Equity and other 88,490 Market & income approach EBITDA multiple 11.0x 26.5x 16.0x Revenue multiple 10.5x 19.5x 16.5x Discount rate 9.3 % 17.0 % 12.6 % $ 1,997,931 (1) Unobservable inputs were weighted by the relative fair value of the investments. (2) Fair value was determined based on transaction pricing or recent acquisition or sale as the best measure of fair value with no material changes in operations of the related portfolio company since the transaction date. (3) Revolving credit facilities and delayed draw commitments not completely funded may have negative fair values until they are called and funded. The Wells Credit Facility (as defined below) and the Unsecured Notes (as defined below) are considered Level III investments. See Note 6. Borrowings for details. The following are the principal amount and fair value of the Company’s borrowings as of September 30, 2023. Fair value is estimated by discounting remaining payments using applicable current market rates, which take into account changes in the Company’s marketplace credit ratings, or market quotes, if available. As of September 30, 2023 December 31, 2022 Principal Amount Fair Value Principal Amount Fair Value Wells Credit Facility $ 728,000 $ 724,367 $ 685,600 $ 680,211 Unsecured Notes 275,000 252,320 275,000 248,141 Total Borrowings $ 1,003,000 $ 976,687 $ 960,600 $ 928,352

Agreements and Related Parties

Agreements and Related Parties	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Agreements and Related Parties	Agreements and Related Parties The Company has entered into an Investment Management Agreement (as defined below) with the Investment Adviser. Under the Investment Management Agreement, the Investment Adviser manages the day-to-day operations of, and provides investment advisory services to, the Company. For providing these services, the Investment Adviser receives an annual base management fee and incentive fee from the Company. The Company's board of directors initially approved an investment advisory and management agreement (the "Prior Investment Management Agreement") between the Company and the Investment Adviser on June 18, 2019. Following approval from the Company's initial unitholders, the Prior Investment Management Agreement became effective on July 15, 2019. Pursuant to Section 15(a)(2) of the 1940 Act, the Prior Investment Management Agreement had an initial term of two years, concluding on July 15, 2021, which term could be continued only so long as such continuance was approved annually by the Company's board of directors, including a majority of the directors who are not considered "interested persons" of the Company, as that term is used under Section 2(a)(19) of the 1940 Act. Before the Prior Investment Management Agreement’s expiration, the Company inadvertently failed to present the Prior Investment Management Agreement for renewal to its board of directors as required by Section 15(a)(2) of the 1940 Act. The failure to renew the term of the Prior Investment Management Agreement for the succeeding annual period beginning July 15, 2021 was wholly inadvertent and unintentional and did not reflect the intent and desire of the Company's board of directors or the Investment Adviser. Therefore, the Prior Investment Management Agreement was, unbeknownst to all parties involved, terminated effective as of July 15, 2021. On February 16, 2022, the Company's board of directors approved a new investment advisory and management agreement (the "Investment Management Agreement") between the Company and the Investment Adviser. The Prior Investment Management Agreement and the Investment Management Agreement are identical in all material respects, including the compensation and other terms set forth therein, with the exception that the dates of execution, effectiveness and termination. On March 3, 2022, a majority of the outstanding voting securities of the Company approved the Investment Management Agreement via written consent. On March 21, 2022, the Company filed an Information Statement on Schedule 14C pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended, reflecting the unitholders' approval of the Investment Management Agreement. As a result of this approval, the Investment Management Agreement became effective on April 11, 2022. The Investment Management Agreement will have a term of two years beginning April 11, 2022, and thereafter shall continue automatically for successive annual periods, provided that such continuance is specifically approved at least annually by (A) the vote of the board of directors, or by the vote of a majority of the outstanding voting securities of the Company and (B) the vote of a majority of the Company's directors who are not parties to the Investment Management Agreement or "interested persons" (as such term is defined in Section 2(a)(19) of the 1940 Act) of any such party, in accordance with the requirements of the 1940 Act. Although the initial two year term of the Investment Management Agreement would not have expired until April 11, 2024, the Company's board of directors most recently re-approved the Investment Management Agreement on January 24, 2023, at an in-person meeting, for a period of 12 months commencing on March 1, 2023. Pursuant to the Investment Management Agreement, the base management fee is payable quarterly in arrears at an annual rate of 1.15% of the aggregate contributed capital from all unitholders (including any outstanding borrowings under any subscription line drawn in lieu of capital calls) less any return of capital distributions and less any cumulative realized losses since inception (calculated net of any subsequently reversed realized losses and net of any realized gains) as of the last day of the applicable quarter. The base management fee could be reduced by any voluntary fee waivers made by the Investment Adviser. The management fee will be reduced, but not below zero, by any amounts paid by the Company or its subsidiaries to a placement agent, any organizational and offering expenses in excess of the lesser of $2,000 or 0.50% of the aggregate Capital Commitments and any fund expenses in excess of the Specified Expenses Cap (as defined below). The Investment Adviser has entered into agreements with placement agents that provide for ongoing payments from the Investment Adviser based upon the amount of a unitholder's Capital Commitment or capital contributions. Neither the Company nor any unitholders will bear any of the fees paid to placement agents of the Company as any such fees paid by the Company will offset the management fees. The incentive fee will consist of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on a percentage of the Company's income and a portion is based on a percentage of the Company's capital gains, each as described below. Incentive Fee on Pre-Incentive Fee Net Investment Income The portion based on the Company's income (the "Income Incentive Fee") is based on pre-incentive fee net investment income ("Pre-Incentive Fee Net Investment Income"). Pre-Incentive Fee Net Investment Income means interest income, dividend income and any fee income (including any other fees (other than fees for providing managerial assistance), such as commitment, origination, structuring, upfront, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company's operating expenses for the quarter (including the management fee, expenses payable under the Administration Agreement, and any interest expense and distributions paid on any issued and outstanding preferred units, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount, 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. Pre-Incentive Fee Net Investment Income, expressed as a rate of return on the value of the Company's members' capital at the end of the immediate preceding quarter, is compared to a "hurdle rate" of return of 1.75% per quarter (7.0% annualized). The Company will pay the Investment Adviser an incentive fee quarterly in arrears with respect to the Company's Pre-Incentive Fee Net Investment Income in each calendar quarter as follows: • no incentive fee based on Pre-Incentive Fee Net Investment Income in any calendar quarter in which the Company's Pre-Incentive Fee Net Investment Income does not exceed the hurdle rate of 1.75%; • 100% of the dollar amount of our 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 or equal to a rate of return of 2.059% (8.235% annualized). The Company refers to this portion of the Company's Pre-Incentive Fee Net Investment Income (which exceeds the hurdle rate but is less than 2.059%) as the "catch-up." The "catch-up" is meant to provide the Investment Adviser with approximately 15.0% of the Company's Pre-Incentive Fee Net Investment Income as if a hurdle rate did not apply if this net investment income exceeds 2.059% in any calendar quarter; and • 15.0% of the dollar amount of the Company's Pre-Incentive Fee Net Investment Income, if any, that exceeds a rate of return of 2.059% (8.235% annualized). This reflects that once the hurdle rate is reached and the catch-up is achieved, 15.0% of all Pre-Incentive Fee Net Investment Income thereafter is allocated to the Investment Adviser. For the three and nine months ended September 30, 2023 and September 30, 2022, there were no incentive fees waived. The fees that are payable under the Investment Management Agreement for any partial period will be appropriately prorated. Incentive Fee on Capital Gains The second component of the incentive fee is the capital gains incentive fee. The Company will pay the Investment Adviser an incentive fee with respect to the Company's cumulative realized capital gains computed net of all realized capital losses and unrealized capital depreciation since inception ("Cumulative Net Realized Gains") based on the waterfall below: a. First, no incentive fee is payable to the Investment Adviser on Cumulative Net Realized Gains until total return of capital distributions, distributions of net investment income and distributions of net realized capital gains to unitholders is equal to total capital contributions; b. Second, no incentive is payable to the Investment Adviser on Cumulative Net Realized Gains until the Company has paid cumulative distributions equal to an annualized, cumulative internal rate of return of 7.0% on the total contributed capital to the Company calculated from the date that each such amount was due to be contributed to the Company until the date each such distribution is paid; c. Third, upon a distribution that results in cumulative distributions exceeding the amounts in clause (a) and (b) above, an incentive fee on capital gains payable to the Investment Adviser equal to 100.0% of the amount of Cumulative Net Realized Gains until the Investment Adviser has received (together with amounts the Investment Adviser has received under Income Incentive Fees) an amount equal to 15.0% of the sum of (i) the cumulative distributions to unitholders made pursuant to clause (b) above, (ii) Income Incentive Fee paid to the Investment Adviser and (iii) amounts paid to the Investment Adviser pursuant to this clause (c); and d. Thereafter, an incentive fee on capital gains equal to 15.0% of additional undistributed Cumulative Net Realized Gains. Upon termination of the Company, the Investment Adviser will be required to return incentive fees to the Company to the extent that: (i) the Investment Adviser has received cumulative incentive fees in excess of 15.0% of the sum of (A) the Company's cumulative distributions other than return of capital contributions and (B) the cumulative incentive fees paid to the Investment Adviser; or (ii) the unitholders have not received a 7.0% cumulative internal rate of return; provided that in no event will such restoration be more than the incentive fees received by the Investment Adviser. In accordance with GAAP, the Company accrues a hypothetical capital gains incentive fee based upon the cumulative net realized capital gains and realized capital losses and the cumulative net unrealized capital appreciation and unrealized capital depreciation on investments held at the end of each period. Actual amounts paid to the Investment Adviser are consistent with the Investment Management Agreement and are based only on realized capital gains computed net of all realized capital losses and unrealized capital depreciation on a cumulative basis from inception through the end of each calendar year as if the entire portfolio was sold at fair value. Expense Limitation Notwithstanding the foregoing, the Investment Adviser has agreed to reduce and/or waive its management fee (the "Specified Expenses Cap") each year such that the Company will not be required to pay Specified Expenses (as defined below) in excess of a maximum aggregate amount in any calendar year (prorated for partial years and portions of years for which each applicable prong of the cap applies) equal to: (1) during the Closing Period, 0.40% of the greater of (A) $750,000 and (B) actual aggregate Capital Commitments as of the end of such calendar year, (2) at the end of the Closing Period until the end of the Investment Period, 0.40% of aggregate Capital Commitments and (3) after the end of the Investment Period, 0.40% of the Company's average Members' Capital for the calendar year. Further, if the actual Capital Commitments of the Company at the end of the Closing Period are less than $750,000, the prong of the Specified Expenses Cap in clause (1) above will be retroactively adjusted to equal 0.40% of aggregate Capital Commitments at the end of the Closing Period, and the Investment Adviser has agreed to further reduce and/or waive its management fee for the year in which the Closing Period ends in an amount equal to the difference between (A) the amount that would have been required to be waived/reimbursed pursuant to clause (1) above as adjusted and (B) the amount previously waived/reimbursed pursuant to clause (1) above. "Specified Expenses" of the Company means all Company Expenses (as defined in the Fourth A&R LLC Agreement) incurred in the operation of the Company with the exception of: (i) the management fee, (ii) any incentive fees, (iii) Organizational and Offering Expenses (as defined in the Fourth A&R LLC Agreement) (which are subject to the Organizational and Offering Expenses Cap), (iv) Placement Fees (as defined in the Fourth A&R LLC Agreement), (v) interest on and fees and expenses arising out of all Company indebtedness and other financing, (vi) costs of any litigation and damages (including the costs of any indemnity or contribution right granted to any placement agent or third-party finder engaged by the Company or its affiliates) and (vii) for the avoidance of doubt, if applicable, any investor level withholding or other taxes. If, while the Investment Adviser is the investment adviser to the Company, the annualized Specified Expenses for a given calendar year are less than the Specified Expenses Cap, the Investment Adviser shall be entitled to reimbursement by the Company of the compensation waived and other expenses borne by the Investment Adviser (the "Reimbursement Amount") on behalf of the Company pursuant to the expense limitation and reimbursement agreement between the Company and the Investment Adviser (the "Expense Limitation and Reimbursement Agreement") during any of the previous thirty-six months, and provided that such amount paid to the Investment Adviser will in no event exceed the total Reimbursement Amount and will not include any amounts previously reimbursed. The Reimbursement Amount plus the annualized Specified Expenses for a given calendar year shall not exceed the Specified Expenses Cap. The Investment Adviser may recapture a Specified Expense in any year within the thirty-six month period after the Investment Adviser bears the expense. For the three and nine months ended September 30, 2023 and September 30, 2022, there have been no reimbursements from the Investment Adviser pursuant to this provision. The Expense Limitation and Reimbursement Agreement may be amended by mutual agreement of the parties, provided that any amendment that could result in an increase in expenses borne by the Company also must be approved by vote of a majority of the outstanding Units. The following table summarizes the management fees and incentive fees incurred by the Company for the three and nine months ended September 30, 2023 and September 30, 2022. Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Management fee $ 3,299 $ 3,301 $ 9,897 $ 9,906 Less: management fee waiver — (5) — (270) Net management fee 3,299 3,296 9,897 9,636 Incentive fee, excluding accrued incentive fees on capital gains $ 6,468 $ 4,869 $ 18,058 $ 12,619 For the three and nine months ended September 30, 2023 and September 30, 2022, no incentive fee on capital gains was accrued or owed under the Investment Management Agreement by the Company, as return of capital distributions, distributions of net investment income and distributions of net realized capital gains to unitholders did not exceed capital contributions. The Company has entered into an administration agreement, as amended and restated, with the Administrator (the "Administration Agreement") under which the Administrator provides administrative services. The Administrator maintains, or oversees the maintenance of, the Company's consolidated financial records, prepares reports filed with the U.S. Securities and Exchange Commission (the "SEC"), generally monitors the payment of the Company's expenses and oversees the performance of administrative and professional services rendered by others. The Administrator has hired a third-party sub-administrator to assist with the provision of administrative services. The Company reimburses the Administrator for the Company's allocable portion of overhead and other expenses incurred by the Administrator in performing its obligations to the Company under the Administration Agreement, including compensation of the Company's chief financial officer and chief compliance officer, and their respective staffs. Pursuant to the Administration Agreement and further restricted by the Company, the Administrator may, in its own discretion, submit to the Company for reimbursement some or all of the expenses that the Administrator has incurred on behalf of the Company during any quarterly period. As a result, the amount of expenses for which the Company will have to reimburse the Administrator may fluctuate in future quarterly periods and there can be no assurance given as to when, or if, the Administrator may determine to limit the expenses that the Administrator submits to the Company for reimbursement in the future. The Administrator cannot recoup any expenses that the Administrator has previously waived. For the three and nine months ended September 30, 2023, approximately $309 and $702, respectively, of indirect administrative expenses were included in administrative expenses, none of which were waived by the Administrator. For the three and nine months ended ended September 30, 2022, approximately $202 and $659 respectively, of indirect administrative expenses were included in administrative expenses, none of which were waived by the Administrator. As of September 30, 2023 and December 31, 2022, approximately $309 and $201, respectively, of indirect administrative expenses were included in payable to affiliates. The Company, the Investment Adviser and the Administrator have also entered into a Trademark License Agreement, as amended (the "Trademark License Agreement"), with New Mountain Capital, pursuant to which New Mountain Capital has agreed to grant the Company, the Investment Adviser and the Administrator a non-exclusive, royalty-free license to use the "New Mountain Capital" name. Under the Trademark License Agreement, subject to certain conditions, the Company, the Investment Adviser and the Administrator will have a right to use the "New Mountain Capital" name, for so long as the Investment Adviser or one of its affiliates remains the investment adviser of the Company. Other than with respect to this limited license, the Company, the Investment Adviser and the Administrator will have no legal right to the "New Mountain Capital" name. The Investment Adviser and its affiliates may also manage other funds in the future that may have investment mandates that are similar, in whole or in part, to the Company's investment mandates. The Investment Adviser and its affiliates may determine that an investment is appropriate for the Company or for one or more of those other funds. In such event, depending on the availability of such investment and other appropriate factors, the Investment Adviser or its affiliates may determine that the Company should invest side-by-side with one or more other funds. Any such investments will be made only to the extent permitted by applicable law and interpretive positions of the SEC and its staff and consistent with the Investment Adviser's allocation procedures. On October 8, 2019, the SEC issued an exemptive order (the "Exemptive Order") to the Investment Adviser and certain of its affiliates, which superseded a prior order issued on December 18, 2017, which permits the Company to co-invest in portfolio companies with certain funds or entities managed by the Investment Adviser or its affiliates in certain negotiated transactions where co-investing would otherwise be prohibited under the 1940 Act, subject to the conditions of the Exemptive Order. Pursuant to the Exemptive Order, the Company is permitted to co-invest with its affiliates if a "required majority" (as defined in Section 57(o) of the 1940 Act) of the Company's directors who are not interested persons, as that term is defined in Section 2(a)(19) of the 1940 Act (the "Independent Directors"), make certain conclusions in connection with a co-investment transaction, including, but not limited to, that (1) the terms of the potential co-investment transaction, including the consideration to be paid, are reasonable and fair to the Company and its unitholders and do not involve overreaching in respect of the Company or its unitholders on the part of any person concerned, and (2) the potential co-investment transaction is consistent with the interests of the Company's unitholders and is consistent with its then-current investment objective and strategies. In addition, pursuant to an exemptive order issued by the SEC on April 8, 2020 and applicable to all BDCs through December 31, 2020 (the "Temporary Relief"), the Company was permitted, subject to the satisfaction of certain conditions, to complete follow-on investments in its existing portfolio companies with certain affiliates that are private funds if such private funds did not previously hold an investment in such existing portfolio company. Without the Temporary Relief, such private funds would not be able to participate in such follow-on investments with the Company unless the private funds had previously acquired securities of the portfolio company in a co-investment transaction with the Company. Although the Temporary Relief expired on December 31, 2020, the SEC’s Division of Investment Management had indicated that until March 31, 2022, it would not recommend enforcement action, to the extent that any BDC with an existing co-investment order continued to engage in certain transactions described in the Temporary Relief, pursuant to the same terms and conditions described therein. The Temporary Relief is no longer effective; however,on August 30, 2022, New Mountain Finance Corporation, an affiliate of the Company and the Investment Adviser, and certain other affiliated applicants, received an Order from the SEC that amended its existing Exemptive Order to permit the Company to complete follow-on investments in its existing portfolio companies with certain affiliates that are private funds if such private funds do not hold an investment in such existing portfolio company, subject to certain conditions.

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Borrowings	Borrowings BMO Subscription Line —On July 30, 2019, the Company entered into a Loan Authorization Agreement with BMO Harris Bank N.A. ("BMO") (as amended, from time to time, the "Loan Authorization Agreement"), which allowed the Company to borrow on a revolving credit basis an aggregate principal amount which could not exceed the lower of $250,000 or 80.0% of the remaining unfunded Capital Commitments of the Company (the "BMO Subscription Line"). On March 25, 2022, all outstanding borrowings under the BMO Subscription Line were repaid and the facility was terminated in connection with the final drawdown on Capital Commitments. From July 30, 2019 to March 9, 2022, the BMO Subscription Line bore interest at the greater of the prime commercial rate minus 0.25% per annum or the three-month London Interbank Offered Rate ("LIBOR") for each day plus 2.50% per annum. As of the most recent amendment on March 9, 2022, in addition to certain other changes, the BMO Subscription Line was amended to bear interest at the greater of the prime commercial rate minus 0.25% per annum or the Secured Overnight Financing Rate ("SOFR") Quoted Rate (as defined below) for such day plus 2.50% per annum. SOFR Quoted Rate means as of any day of determination, 3-month Term SOFR on the date that is two U.S. Government Securities Business Days prior to such day of determination as such rate is published by the Term SOFR Administrator plus a credit spread adjustment of 0.15%. For the period from January 1, 2022 to March 25, 2022 (termination of the BMO Subscription Line), interest expense and amortization of financing costs incurred on the BMO Subscription Line were $653 and $7, respectively. The weighted average interest rate and effective interest rate on the BMO Subscription Line for the period from January 1, 2022 to March 25, 2022 (termination of the BMO Subscription Line) were 3.0% and 3.1%, respectively. Wells Credit Facility —On August 30, 2019, the Company's wholly-owned subsidiary, GIII SPV, entered into the Loan and Security Agreement as the borrower, the Company as collateral manager and equityholder, the lenders from time to time party thereto, and Wells Fargo Bank, National Association ("Wells Fargo") as the administrative agent and the collateral custodian (as amended, from time to time, the "Loan and Security Agreement"), which is structured as a secured revolving credit facility (the "Wells Credit Facility"). The Wells Credit Facility will mature on July 15, 2025 and has a maximum facility amount of $800,000. The revolving period of the Wells Credit Facility ended on July 15, 2023 (the "Revolving Period End Date"). Under the Wells Credit Facility, GIII SPV is permitted to borrow up to 25.0%, 45.0%, 55.0%, 70.0% or 75.0% of the purchase price of pledged assets, subject to approval by Wells Fargo. The Wells Credit Facility is non-recourse to the Company and is collateralized by all of the investments of GIII SPV on an investment by investment basis. All fees associated with the origination, amending or upsizing of the Wells Credit Facility are capitalized on the Company's Consolidated Statements of Assets, Liabilities and Members' Capital and charged against income as other financing expenses over the life of the Wells Credit Facility. The Wells Credit Facility contains certain customary affirmative and negative covenants and events of default. The covenants are generally not tied to mark to market fluctuations in the prices of GIII SPV investments, but rather to the performance of the underlying portfolio companies. As of the amendment on March 11, 2022 and through the time of this Quarterly Report on Form 10-Q, the Wells Credit Facility bears interest at a rate of Daily Simple SOFR plus 1.80% per annum for Broadly Syndicated Loans (as defined in the Loan and Security Agreement) and Daily Simple SOFR plus 2.30% per annum for all other investments. Previously, the Wells Credit Facility bore interest at a rate of LIBOR plus 1.65% per annum for Broadly Syndicated Loans (as defined in the Loan and Security Agreement) and LIBOR plus 2.15% per annum for all other investments. Before the Revolving Period End Date, the Wells Credit Facility also charged a non-usage fee, based on the unused facility amount multiplied by the Non-Usage Fee Rate (as defined in the Loan and Security Agreement). The following table summarizes the interest expense, non-usage fees and amortization of financing costs incurred on the Wells Credit Facility for the three and nine months ended September 30, 2023 and September 30, 2022: Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Interest expense $ 14,836 $ 7,655 $ 39,316 $ 14,846 Non-usage fee $ 19 $ 125 $ 277 $ 390 Amortization of financing costs $ 356 $ 358 $ 1,060 $ 982 Weighted average interest rate 7.5 % 4.3 % 7.2 % 3.3 % Effective interest rate 7.8 % 4.6 % 7.5 % 3.6 % Average debt outstanding $ 772,433 $ 696,029 $ 721,621 $ 597,135 As of September 30, 2023 and December 31, 2022, the outstanding balance on the Wells Credit Facility was $728,000 and $685,600, respectively, and GIII SPV was in compliance with the applicable covenants in the Loan and Security Agreement on such dates. Unsecured Notes —On August 4, 2021, the Company entered into a Master Note Purchase Agreement (the "Note Purchase Agreement") with certain institutional investors (the "Purchasers"). Pursuant to the Note Purchase Agreement, on August 4, 2021, the Company issued to the Purchasers, in a private placement, $125,000 in aggregate principal amount of 3.57% Series 2021A Senior Notes, Tranche A, due July 15, 2025 (the "2021A Tranche A Notes"), and on December 21, 2021, at a second closing, the Company issued $50,000 in aggregate principal amount of 3.62% Series 2021A Senior Notes, Tranche B, due July 15, 2025 (the "2021A Tranche B Notes" and, together with the 2021A Tranche A Notes, the "2021A Unsecured Notes"). On March 10, 2022, the Company entered into a first supplement (the "Supplement") to its Note Purchase Agreement with certain Purchasers. Pursuant to the Supplement, on March 10, 2022, the Company issued to the Purchasers $100,000 in aggregate principal amount of 3.95% Series 2022A Senior Notes due July 15, 2025 (the “2022A Unsecured Notes”). All fees associated with the origination of the 2021A Unsecured Notes and the 2022A Unsecured Notes (together, the "Unsecured Notes") are capitalized on the Company's Consolidated Statements of Assets, Liabilities and Members' Capital and charged against income as other financing expenses over the life of the Unsecured Notes. The 2021A Tranche A Notes and the 2021A Tranche B Notes bear interest at an annual rate of 3.57% and 3.62%, respectively, payable semi-annually on January 15 and July 15 of each year, which commenced on January 15, 2022. The 2022A Unsecured Notes bear interest at an annual rate of 3.95%, payable semi-annual on January 15 and July 15 of each year, which commenced on July 15, 2022. These interest rates are subject to increase in the event that: (i) subject to certain exceptions, the Unsecured Notes or the Company cease to have an investment grade rating or (ii) the Asset Coverage Ratio (as defined in the Note Purchase Agreement) is less than 1.83 to 1.00. The Company is obligated to offer to prepay the Unsecured Notes (i) each time the Company receives an aggregate amount of net proceeds from the repayment, or sale, of loans or investments that constitute Company Level Assets (as defined in the Note Purchase Agreement) and (ii) each time the Company receives an aggregate amount of net proceeds, or if the Company is permitted to receive an aggregate amount of net proceeds, from the distribution of Wells Residual Equity (as defined in the Note Purchase Agreement), in each case that is at least equal to the lesser of (A) $25,000 and (B) 10% of the aggregate principal of Unsecured Notes issued under the Note Purchase Agreement and the Supplement. The Note Purchase Agreement also contains customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a BDC under the 1940 Act and a RIC under Subchapter M of the Code, minimum stockholders’ equity, and prohibitions on certain fundamental changes at the Company or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, misrepresentation in a material respect, breach of covenant, cross-default under other indebtedness of the Company or certain subsidiaries, certain judgments and orders, and certain events of bankruptcy. The Note Purchase Agreement includes certain additional covenants and terms, including, without limitation, a requirement that the Company will not permit the Asset Coverage Ratio to be less than the greater of (x) 1.50 to 1.00 and (y) the minimum asset coverage required to be held by the Company to comply with the 1940 Act. The Unsecured Notes are unsecured obligations and rank senior in right of payment to the Company’s existing and future indebtedness, if any, that is expressly subordinated in right of payment to the Unsecured Notes; equal in right of payment to the Company's existing and future unsecured indebtedness that is not so subordinated; and effectively junior in right of payment to any of the Company's secured indebtedness (including existing unsecured indebtedness that the Company later secures) to the extent of the value of the assets securing such indebtedness; and structurally junior to all existing and future indebtedness (including trade payables) incurred by the Company's subsidiaries and financing vehicles. The following table summarizes the interest expense, non-usage fees and amortization of financing costs incurred on the Unsecured Notes for the three and nine months ended September 30, 2023 and September 30, 2022: Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Interest expense $ 2,556 $ 2,556 $ 7,667 $ 6,910 Amortization of financing costs $ 227 $ 204 $ 640 $ 545 Weighted average interest rate 3.7 % 3.7 % 3.7 % 3.7 % Effective interest rate 4.0 % 4.0 % 4.0 % 4.0 % Average debt outstanding $ 275,000 $ 275,000 $ 275,000 $ 250,092 As of September 30, 2023 and December 31, 2022, the outstanding balance on the Unsecured Notes was $275,000 and $275,000, respectively, and the Company was in compliance with the applicable covenants in the Note Purchase Agreement on such dates.

Regulation

Regulation	9 Months Ended
	Sep. 30, 2023
Investment Company [Abstract]
Regulation	RegulationThe Company has elected to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code, and intends to comply with the requirements to continue to qualify and maintain its status as a RIC annually. In order to continue to qualify and be subject to tax treatment as a RIC for U.S. federal income tax purposes, among other things, the Company is generally required to timely distribute to its unitholders at least 90.0% of its investment company taxable income, as defined by the Code, for each year. The Company, among other things, intends to make and will continue to make the requisite timely distributions to its unitholders, and as such, the Company will generally be relieved from U.S. federal, state, and local income taxes (excluding excise taxes which may be imposed under the Code). Additionally, 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 70.0% of its total assets are qualifying assets (with certain limited exceptions). In addition, the Company must offer to make available to all "eligible portfolio companies" (as defined in the 1940 Act) significant managerial assistance.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, the Company may enter into contracts that contain a variety of representations and warranties and which provide general indemnifications. The Company may also enter into future funding commitments such as revolving credit facilities, bridge financing commitments or delayed draw commitments. As of September 30, 2023, the Company had unfunded commitments on revolving credit facilities of $80,800, no outstanding bridge financing commitments, and other future funding commitments of $79,245. As of December 31, 2022, the Company had unfunded commitments on revolving credit facilities of $81,811, no outstanding bridge financing commitments and other future funding commitments of $152,699. The unfunded commitments on revolving credit facilities and delayed draws are disclosed on the Company's Consolidated Schedules of Investments. The Company also had revolving borrowings available under the Wells Credit Facility as of December 31, 2022. See Note 6. Borrowings , for details. The Company may from time to time enter into financing commitment letters. As of September 30, 2023 and December 31, 2022, the Company had no commitment letters to purchase investments which could require funding in the future.

Members' Capital

Members' Capital	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Members' Capital	Members' Capital The following table summarizes the total Units issued and proceeds received related to capital drawdowns delivered pursuant to the Subscription Agreements for the nine months ended September 30, 2023. There were no Units issued or proceeds received related to capital drawdowns delivered pursuant to the Subscription Agreements for the nine months ended September 30, 2023 as the Capital Commitment has been fully drawn as of March 31, 2022. Drawdown Date Unit Issue Date Units Issued Aggregate Offering Price March 10, 2022 March 24, 2022 22,981,305 $ 229,812 The following table reflects the distributions declared on the Company's common units for the nine months ended September 30, 2023. Date Declared Record Date Payment Date Per Unit Amount March 30, 2023 March 31, 2023 April 20, 2023 $ 0.285 June 26, 2023 June 29, 2023 July 20, 2023 0.300 September 27, 2023 September 28, 2023 October 20, 2023 0.310 $ 0.895 The following table reflects the distributions declared on the Company's common units for the nine months ended September 30, 2022. Date Declared Record Date Payment Date Per Unit Amount March 29, 2022 March 30, 2022 April 20, 2022 $ 0.181 June 27, 2022 June 29, 2022 July 20, 2022 0.217 September 28, 2022 September 29, 2022 October 20, 2022 0.240 $ 0.638

Earnings Per Unit

Earnings Per Unit	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Unit	Earnings Per Unit The following information sets forth the computation of basic net increase in the Company's members' capital per unit resulting from operations for the three and nine months ended September 30, 2023 and September 30, 2022: Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Earnings per unit—basic & diluted Numerator for basic & diluted earnings per unit: $ 47,132 $ 8,647 $ 120,312 $ 35,888 Denominator for basic & diluted weighted average unit: 114,906,527 114,906,527 114,906,527 108,003,717 Basic & diluted earnings per unit: $ 0.41 $ 0.08 $ 1.05 $ 0.33

Financial Highlights

Financial Highlights	9 Months Ended
	Sep. 30, 2023
Investment Company [Abstract]
Financial Highlights	Financial Highlights The following information sets forth the Company's financial highlights for the nine months ended September 30, 2023 and September 30, 2022. Nine Months Ended September 30, 2023 September 30, 2022 Per unit data(1): Members' capital, December 31, 2022 and December 31, 2021, respectively $ 9.50 $ 9.95 Net investment income 0.89 0.66 Net realized and unrealized gains (losses)(2) 0.16 (0.34) Total net increase 1.05 0.32 Distributions declared to unitholders from net investment income (0.90) (0.64) Members' capital, September 30, 2023 and September 30, 2022, respectively $ 9.65 9.63 Total return based on members' capital(3) 11.40 % 3.27 % Units outstanding at end of period 114,906,527 114,906,527 Average weighted units outstanding for the period 114,906,527 108,003,717 Average members' capital for the period $ 1,094,437 $ 1,068,004 Ratio to average members' capital: Net investment income(4) 12.50 % 8.95 % Total expenses, before waivers(4) 10.00 % 6.28 % Total expenses, net of waivers(4) 10.00 % 6.24 % Average debt outstanding—Unsecured Notes $ 275,000 $ 250,092 Average debt outstanding—BMO Subscription Line(5) $ — $ 94,578 Average debt outstanding—Wells Credit Facility $ 721,621 $ 597,135 Asset coverage ratio 210.56 % 216.45 % Portfolio turnover 2.46 % 8.08 % Capital Commitments $ 1,149,065 $ 1,149,065 Funded Capital Commitments $ 1,149,065 $ 1,149,065 % of Capital Commitments funded 100.00 % 100.00 % (1) Per unit data is based on weighted average units outstanding for the respective period (except for distributions declared to unitholders, which are based on actual rate per unit). (2) The total amount shown may not correspond with the aggregate amount for the period, as it includes the effect of the timing of capital transactions, which, for the nine months ended September 30, 2023 and September 30, 2022, were $0.00 and $(0.01), respectively. (3) Total return is calculated assuming a purchase at members' capital per Unit on the first day of the year and a sale at members' capital per Unit on the last day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at members' capital per Unit on the last day of the respective quarter. Total return calculation is not annualized. (4) Annualized. (5) For the nine months ended September 30, 2022, average debt outstanding represents the period from January 1, 2022 to March 25, 2022 (termination of the BMO Subscription Line).

Recent Accounting Standards Upd

Recent Accounting Standards Updates	9 Months Ended
	Sep. 30, 2023
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Standards Updates	Recent Accounting Standards Updates In March 2020, the Financial Accounting Standards Board issued Accounting Standards Update No. 2020-04, Reference Rate Reform (Topic 848) : Facilitation of the Effects of Reference Rate Reform on Financial Reporting ("ASU 2020-04"). The amendments in ASU 2020-04 provide optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The standard was effective as of March 12, 2020 through December 31, 2022. Management is currently evaluating the impact of the optional guidance on the Company's consolidated financial statements and disclosures. The Company did not utilize the optional expedients and exceptions provided by ASU 2020-04 during the nine months ended September 30, 2023. In December 2022, the FASB issued ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which deferred the sunset day of this guidance to December 31, 2024. The Company is currently evaluating the impact of this guidance on its consolidated financial statements. In December 2020, the SEC adopted a rule providing a framework for fund valuation practices. Rule 2a-5 under the 1940 Act (“Rule 2a-5”) establishes requirements for determining fair value in good faith for purposes of the 1940 Act. Rule 2a-5 permits boards, subject to board oversight and certain other conditions, to designate certain parties to perform fair value determinations. Rule 2a-5 also defines when market quotations are “readily available” for purposes of the 1940 Act and the threshold for determining whether a fund must determine the fair value of a security. The SEC also adopted Rule 31a-4 under the 1940 Act (“Rule 31a-4”), which provides the recordkeeping requirements associated with fair value determinations. Finally, the SEC rescinded previously issued guidance on related issues, including the role of the board in determining fair value and the accounting and auditing of fund investments. Rule 2a-5 and Rule 31a-4 became effective on March 8, 2021, and had a compliance date of September 8, 2022. While the Company's board of directors has not elected to designate the Investment Adviser as the valuation designee, the Company has adopted certain revisions to its valuation policies and procedures in order comply with the applicable requirements of Rule 2a-5 and Rule 31a-4.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsThe Company has evaluated the need for disclosures and/or adjustments resulting from recent developments through the date the financial statements were issued. There have been no recent developments that require recognition or disclosure in these consolidated financial statements

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net increase in members' capital resulting from operations	$ 47,132	$ 8,647	$ 120,312	$ 35,888

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

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of accounting	Basis of accounting —The Company's consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States ("GAAP"). The Company is an investment company following accounting and reporting guidance in Accounting Standards Codification Topic 946, Financial Services — Investment Companies ("ASC 946"). The Company consolidates its wholly-owned direct subsidiaries GIII SPV and GIII OEC. The Company's consolidated financial statements reflect all adjustments and reclassifications which, in the opinion of management, are necessary for the fair presentation of the results of operations and financial condition for the period(s) presented. All intercompany transactions have been eliminated. Revenues are recognized when earned and expenses when incurred. The financial results of the Company's portfolio investments are not consolidated in the financial statements. The Company's interim consolidated financial statements are prepared in accordance with GAAP and pursuant to the requirements for reporting on Form 10-Q and Articles 6 and 10 of Regulation S-X. Accordingly, the Company’s interim consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements. In the opinion of management, all adjustments, consisting solely of normal recurring accruals considered necessary for the fair presentation of financial statements for the interim period, have been included. The current period's results of operations will not necessarily be indicative of results that ultimately may be achieved for the fiscal year ending December 31, 2023.
Investments	Investments —The Company applies fair value accounting in accordance with GAAP. Fair value is the amount 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. Investments are reflected on the Company's Consolidated Statements of Assets, Liabilities and Members' Capital at fair value, with changes in unrealized gains and losses resulting from changes in fair value reflected in the Company's Consolidated Statements of Operations as "Net change in unrealized appreciation (depreciation) of investments" and realizations on portfolio investments reflected in the Company's Consolidated Statements of Operations as "Net realized gains (losses) on investments". The Company values its assets on a quarterly basis, or more frequently if required under the 1940 Act. In all cases, the Company's board of directors is ultimately and solely responsible for determining the fair value of the Company's portfolio investments on a quarterly basis in good faith, including investments that are not publicly traded, those whose market prices are not readily available and any other situation where its portfolio investments require a fair value determination. Security transactions are accounted for on a trade date basis. The Company's quarterly valuation procedures are set forth in more detail below: (1) Investments for which market quotations are readily available on an exchange are valued at such market quotations based on the closing price indicated from independent pricing services. (2) Investments for which indicative prices are obtained from various pricing services and/or brokers or dealers are valued through a multi-step valuation process, as described below, to determine whether the quote(s) obtained is representative of fair value in accordance with GAAP. a. Bond quotes are obtained through independent pricing services. Internal reviews are performed by the investment professionals of the Investment Adviser to ensure that the quote obtained is representative of fair value in accordance with GAAP and, if so, the quote is used. If the Investment Adviser is unable to sufficiently validate the quote(s) internally and if the investment's par value or its fair value exceeds the materiality threshold, the investment is valued similarly to those assets with no readily available quotes (see (3) below); and b. For investments other than bonds, the Company looks at the number of quotes readily available and performs the following procedures: i. Investments for which two or more quotes are received from a pricing service are valued using the mean of the mean of the bid and ask of the quotes obtained. The Company will evaluate the reasonableness of the quote, and if the quote is determined to not be representative of fair value, the Company will use one or more of the methodologies outlined below to determine fair value; and ii. Investments for which one quote is received from a pricing service are validated internally. The investment professionals of the Investment Adviser analyze the market quotes obtained using an array of valuation methods (further described below) to validate the fair value. If the Investment Adviser is unable to sufficiently validate the quote internally and if the investment's par value or its fair value exceeds the materiality threshold, the investment is valued similarly to those assets with no readily available quotes (see (3) below). (3) Investments for which quotations are not readily available through exchanges, pricing services, brokers, or dealers are valued through a multi-step valuation process: a. Each portfolio company or investment is initially valued by the investment professionals of the Investment Adviser responsible for the credit monitoring; b. Preliminary valuation conclusions will then be documented and discussed with the Company's senior management; c. If an investment falls into (3) above for four consecutive quarters and if the investment's par value or its fair value exceeds the materiality threshold, then at least once each fiscal year, the valuation for each portfolio investment for which the Company does not have a readily available market quotation will be reviewed by an independent valuation firm engaged by the Company's board of directors; and d. When deemed appropriate by the Company's management, an independent valuation firm may be engaged to review and value investment(s) of a portfolio company, without any preliminary valuation being performed by the Investment Adviser. The investment professionals of the Investment Adviser will review and validate the value provided. For investments in revolving credit facilities and delayed draw commitments, the cost basis of the funded investments purchased is offset by any costs/netbacks received for any unfunded portion on the total balance committed. The fair value is also adjusted for the price appreciation or depreciation on the unfunded portion. As a result, the purchase of a commitment not completely funded may result in a negative fair value until it is called and funded.
Cash and cash equivalents	Cash and cash equivalents—Cash and cash equivalents include cash and short-term, highly liquid investments. The Company defines cash equivalents as securities that are readily convertible into known amounts of cash and so near maturity that there is insignificant risk of changes in value. These securities have original maturities of three months or less.
Revenue recognition	Revenue recognition Sales and paydowns of investments: Realized gains and losses on investments are determined on the specific identification method. Interest and dividend income: Interest income, including amortization of premium and discount using the effective interest method, is recorded on the accrual basis and periodically assessed for collectability. Interest income also includes interest earned from cash on hand. Upon the prepayment of a loan or debt security, any prepayment penalties are recorded as part of interest income. The Company has loans and certain preferred equity investments in its portfolio that contain a payment-in-kind ("PIK") interest or dividend provision. PIK interest and dividends are accrued and recorded as income at the contractual rates, if deemed collectible. The PIK interest and dividends are added to the principal or share balances on the capitalization dates and are generally due at maturity or when redeemed by the issuer. For the three and nine months ended September 30, 2023, the Company recognized PIK interest from investments of $3,036 and $8,427, respectively, and PIK dividends from investments of $2,482 and $7,206, respectively. For the three and nine months ended September 30, 2022, the Company recognized PIK interest from investments of $2,144 and $5,498, respectively, and PIK dividends from investments of $2,200 and $5,886, respectively. Dividend income on preferred securities is recorded as dividend income on an accrual basis to the extent that such amounts are deemed collectible. Non-accrual income: Investments are placed on non-accrual status when principal or interest payments are past due for 30 days or more and when there is reasonable doubt that principal or interest will be collected. Accrued cash and un-capitalized PIK interest or dividends are reversed when an investment is placed on non-accrual status. Previously capitalized PIK interest or dividends are not reversed when an investment is placed on non-accrual status. Interest or dividend payments received on non-accrual investments may be recognized as income or applied to principal depending upon management's judgment of the ultimate collectability. Non-accrual investments are restored to accrual status when past due principal and interest is paid and, in management's judgment, are likely to remain current. As of September 30, 2023 and December 31, 2022, no investments were on non-accrual status.
Interest and other financing expenses	Interest and other financing expenses—Interest and other financing fees are recorded on an accrual basis by the Company.
Organizational expenses	Organizational expenses—Organizational expenses include costs and expenses incurred in connection with the formation and organization of the Company and are expensed as incurred in the Consolidated Statements of Operations. Any organizational and offering expenses paid by the Company in excess of the lesser of $2,000 or 0.50% of the aggregate Capital Commitments will be applied as a reduction to the base management fee paid to the Investment Adviser and cannot be recouped by the Investment Adviser.
Deferred financing costs	Deferred financing costs —The deferred financing costs of the Company consist of capitalized expenses related to the origination and amending of the Company's borrowings. The Company amortizes these costs into expense over the stated life of the related borrowing. See Note 6. Borrowings
Incomes taxes	Income taxes —The Company has elected to be treated as a RIC for U.S. federal income tax purposes under Subchapter M of the Code and intends to comply with the requirements to qualify and maintain its status as a RIC annually. As a RIC, the Company is not subject to U.S. federal income tax on the portion of taxable income and gains timely distributed to its unitholders. To continue to qualify and be subject to tax treatment as a RIC, the Company is required to meet certain income and asset diversification tests in addition to timely distributing at least 90.0% of its investment company taxable income, as defined by the Code. Since U.S. federal income tax regulations differ from GAAP, distributions in accordance with tax regulations may differ from net investment income and realized gains recognized for financial reporting purposes. Differences between taxable income and the results of operations for financial reporting purposes may be permanent or temporary in nature. Permanent differences are reclassified among capital accounts in the consolidated 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. For U.S. federal income tax purposes, distributions paid to unitholders of the Company are reported as ordinary income, return of capital, long term capital gains or a combination thereof. The Company will be subject to a 4.0% nondeductible federal excise tax on certain undistributed income unless the Company distributes, in a timely manner as required by the Code, an amount at least equal to the sum of (1) 98.0% of its respective net ordinary income earned for the calendar year and (2) 98.2% of its respective capital gain net income for the one-year period ending October 31 in the calendar year. Certain consolidated subsidiaries of the Company are subject to U.S. federal and state income taxes. These taxable entities are not consolidated for U.S. federal income tax purposes and may generate income tax liabilities or assets from permanent and temporary differences in the recognition of items for financial reporting and U.S. federal income tax purposes.
Distributions	Distributions —Distributions to the Company's unitholders are recorded on the record date as set by the Company's board of directors. The Company intends to make timely distributions to its unitholders that will be sufficient to enable the Company to qualify and maintain its status as a RIC. The Company intends to distribute approximately all of its net investment income on a quarterly basis and substantially all of its taxable income on an annual basis, except that the Company may retain certain net capital gains for reinvestment.
Earnings per unit	Earnings per Unit —The Company's earnings per unit ("EPU") amounts have been computed based on the weighted-average number of Units outstanding for the period. Basic EPU is computed by dividing net increase (decrease) in members' capital resulting from operations by the weighted average number of Units outstanding during the period of computation. Diluted EPU is computed by dividing net increase (decrease) in members' capital resulting from operations by the weighted average number of Units assuming all potential Units had been issued, and its related net impact to members' capital accounted for, and the additional Units were dilutive. Diluted EPU reflects the potential dilution, using the as-if-converted method for convertible debt, which could occur if all potentially dilutive securities were exercised.
Foreign securities	Foreign securities—The accounting records of the Company are maintained in U.S. dollars. Investment securities denominated in foreign currencies are translated into U.S. dollars based on the rate of exchange of such currencies on the date of valuation. Purchases and sales of investment securities and income and expense items denominated in foreign currencies are translated into U.S. dollars based on the rate of exchange of such currencies on the respective dates of the transactions. The Company does not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Such fluctuations are included with "Net change in unrealized appreciation (depreciation) of investments" and "Net realized gains (losses) on investments" in the Company's Consolidated Statements of Operations.
Use of estimates	Use of estimates —The preparation of the Company's consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the Company's consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Changes in the economic environment, financial markets, and other metrics used in determining these estimates could cause actual results to differ from the estimates used, and the differences could be material.
Fair value	Fair Value Fair value is the amount 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. Accounting Standards Codification Topic 820, Fair Value Measurements and Disclosure ("ASC 820") establishes a fair value hierarchy that prioritizes and ranks the inputs to valuation techniques used in measuring investments at fair value. The hierarchy classifies the inputs used in measuring fair value into three levels as follows: Level I —Quoted prices (unadjusted) are available in active markets for identical investments and the Company has the ability to access such quotes as of the reporting date. The type of investments which would generally be included in Level I include active exchange-traded equity securities and exchange-traded derivatives. As required by ASC 820, the Company, to the extent that it holds such investments, does not adjust the quoted price for these investments, even in situations where the Company holds a large position and a sale could reasonably impact the quoted price. Level II —Pricing inputs are observable for the investments, either directly or indirectly, as of the reporting date, but are not the same as those used in Level I. Level II inputs include the following: • Quoted prices for similar assets or liabilities in active markets; • Quoted prices for identical or similar assets or liabilities in non-active markets (examples include corporate and municipal bonds, which trade infrequently); • Pricing models whose inputs are observable for substantially the full term of the asset or liability (examples include most over-the-counter derivatives, including foreign exchange forward contracts); and • Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full term of the asset or liability. Level III —Pricing inputs are unobservable for the investment and include situations where there is little, if any, market activity for the investment. The inputs used to measure fair value may fall into different levels. In all instances when the inputs fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level of input that is significant to the fair value measurement in its entirety. As such, a Level III fair value measurement may include inputs that are both observable and unobservable. Gains and losses for such assets categorized within the Level III table below may include changes in fair value that are attributable to both observable inputs and unobservable inputs. The inputs into the determination of fair value require significant judgment or estimation by management and consideration of factors specific to each investment. A review of the fair value hierarchy classifications is conducted on a
Recent accounting standards updates	Recent Accounting Standards Updates In March 2020, the Financial Accounting Standards Board issued Accounting Standards Update No. 2020-04, Reference Rate Reform (Topic 848) : Facilitation of the Effects of Reference Rate Reform on Financial Reporting ("ASU 2020-04"). The amendments in ASU 2020-04 provide optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The standard was effective as of March 12, 2020 through December 31, 2022. Management is currently evaluating the impact of the optional guidance on the Company's consolidated financial statements and disclosures. The Company did not utilize the optional expedients and exceptions provided by ASU 2020-04 during the nine months ended September 30, 2023. In December 2022, the FASB issued ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which deferred the sunset day of this guidance to December 31, 2024. The Company is currently evaluating the impact of this guidance on its consolidated financial statements. In December 2020, the SEC adopted a rule providing a framework for fund valuation practices. Rule 2a-5 under the 1940 Act (“Rule 2a-5”) establishes requirements for determining fair value in good faith for purposes of the 1940 Act. Rule 2a-5 permits boards, subject to board oversight and certain other conditions, to designate certain parties to perform fair value determinations. Rule 2a-5 also defines when market quotations are “readily available” for purposes of the 1940 Act and the threshold for determining whether a fund must determine the fair value of a security. The SEC also adopted Rule 31a-4 under the 1940 Act (“Rule 31a-4”), which provides the recordkeeping requirements associated with fair value determinations. Finally, the SEC rescinded previously issued guidance on related issues, including the role of the board in determining fair value and the accounting and auditing of fund investments. Rule 2a-5 and Rule 31a-4 became effective on March 8, 2021, and had a compliance date of September 8, 2022. While the Company's board of directors has not elected to designate the Investment Adviser as the valuation designee, the Company has adopted certain revisions to its valuation policies and procedures in order comply with the applicable requirements of Rule 2a-5 and Rule 31a-4.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2023
Schedule of Investments [Abstract]
Schedule of Investments	At September 30, 2023, the Company's investments consisted of the following: Investment Cost and Fair Value by Type Cost Fair Value First lien $ 1,627,756 $ 1,611,873 Second lien 339,062 322,891 Subordinated 35,558 35,207 Equity and other 95,829 92,859 Total investments $ 2,098,205 $ 2,062,830 Investment Cost and Fair Value by Industry Cost Fair Value Software $ 773,394 $ 766,717 Business Services 445,626 442,457 Healthcare 417,651 399,923 Consumer Services 127,841 126,392 Financial Services 82,722 82,813 Distribution & Logistics 83,651 81,475 Consumer Products 44,479 40,793 Education 35,991 35,502 Information Technology 32,531 32,801 Packaging 29,210 29,048 Specialty Chemicals & Materials 19,067 18,661 Business Products 6,042 6,248 Total investments $ 2,098,205 $ 2,062,830 At December 31, 2022, the Company's investments consisted of the following: Investment Cost and Fair Value by Type Cost Fair Value First lien $ 1,609,747 $ 1,586,875 Second lien 376,051 347,952 Subordinated 31,265 30,622 Equity and other 90,143 88,490 Total investments $ 2,107,206 $ 2,053,939 Investment Cost and Fair Value by Industry Cost Fair Value Software $ 787,131 $ 775,032 Business Services 434,189 423,595 Healthcare 415,568 397,762 Consumer Services 118,853 116,931 Financial Services 100,638 98,801 Distribution & Logistics 83,210 80,165 Consumer Products 45,138 44,607 Education 35,968 34,249 Information Technology 32,501 32,233 Packaging 29,392 28,793 Specialty Chemicals & Materials 18,628 17,715 Business Products 5,990 4,056 Total investments $ 2,107,206 $ 2,053,939

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Portfolio Investments by Level in the Fair Value Hierarchy	The following table summarizes the levels in the fair value hierarchy that the Company's portfolio investments fall into as of September 30, 2023: Total Level I Level II Level III First lien $ 1,611,873 $ — $ 2,567 $ 1,609,306 Second lien 322,891 — 29,304 293,587 Subordinated 35,207 — 809 34,398 Equity and other 92,859 — — 92,859 Total investments $ 2,062,830 $ — $ 32,680 $ 2,030,150 The following table summarizes the levels in the fair value hierarchy that the Company's portfolio investments fall into as of December 31, 2022: Total Level I Level II Level III First lien $ 1,586,875 $ — $ 7,061 $ 1,579,814 Second lien 347,952 — 48,183 299,769 Subordinated 30,622 — 764 29,858 Equity and other 88,490 — — 88,490 Total investments $ 2,053,939 $ — $ 56,008 $ 1,997,931
Changes in Level III Portfolio Investments	The following table summarizes the changes in fair value of Level III portfolio investments for the three months ended September 30, 2023, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2023: Total First Lien Second Lien Subordinated Equity and other Fair Value, June 30, 2023 $ 2,040,022 $ 1,597,415 $ 315,811 $ 33,740 $ 93,056 Total gains or losses included in earnings: Net change in unrealized appreciation (depreciation) of investments 10,120 3,227 7,504 328 (939) Purchases, including capitalized PIK and revolver fundings 23,705 22,633 — 330 742 Proceeds from sales and paydowns of investments (48,281) (13,969) (34,312) — — Transfers into Level III(1) 8,230 — 8,230 — — Transfers out of Level III(1) (3,646) — (3,646) — — Fair Value, September 30, 2023 $ 2,030,150 $ 1,609,306 $ 293,587 $ 34,398 $ 92,859 Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: $ 9,103 $ 2,636 $ 7,078 $ 328 $ (939) (1) As of September 30, 2023, portfolio investments were transferred into Level III from Level II and out of Level III into Level II at fair value as of the beginning of the period in which the reclassification occurred. The following table summarizes the changes in fair value of Level III portfolio investments for the three months ended September 30, 2022, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2022: Total First Lien Second Lien Subordinated Equity and other Fair Value, June 30, 2022 $ 1,908,049 $ 1,528,560 $ 284,125 $ 9,969 $ 85,395 Total gains or losses included in earnings: Net realized gains on investments (95) (95) — — — Net change in unrealized depreciation of investments (16,756) (8,828) (6,443) (5) (1,480) Purchases, including capitalized PIK and revolver fundings 142,579 111,438 10,086 20,151 904 Proceeds from paydowns of investments (98,508) (81,320) (17,188) — — Transfers into Level III(1) 81,954 35,328 46,626 — — Transfers out of Level III(1) (46,187) (30,777) (15,410) — — Fair Value, September 30, 2022 $ 1,971,036 $ 1,554,306 $ 301,796 $ 30,115 $ 84,819 Unrealized depreciation for the period relating to those Level III assets that were still held by the Company at the end of the period: $ (17,082) $ (8,829) $ (6,768) $ (5) $ (1,480) (1) As of September 30, 2022, portfolio investments were transferred into Level III from Level II and out of Level III into Level II at fair value as of the beginning of the period in which the reclassification occurred. The following table summarizes the changes in fair value of Level III portfolio investments for the nine months ended September 30, 2023, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2023: Total First Lien Second Lien Subordinated Equity and other Fair Value, December 31, 2022 $ 1,997,931 $ 1,579,814 $ 299,769 $ 29,858 $ 88,490 Total gains or losses included in earnings: Net realized losses on investments (339) (339) — — — Net change in unrealized appreciation (depreciation) of investments 19,587 9,067 11,542 294 (1,316) Purchases, including capitalized PIK and revolver fundings 99,941 90,010 — 4,246 5,685 Proceeds from paydowns of investments (103,558) (69,246) (34,312) — — Transfers into Level III(1) 16,588 — 16,588 — — Fair Value, September 30, 2023 $ 2,030,150 $ 1,609,306 $ 293,587 $ 34,398 $ 92,859 Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: $ 17,233 7,882 $ 10,373 $ 294 $ (1,316) (1) As of September 30, 2023, portfolio investments were transferred into Level III from Level II at fair value as of the beginning of the period in which the reclassification occurred. The following table summarizes the changes in fair value of Level III portfolio investments for the nine months ended September 30, 2022, as well as the portion of appreciation (depreciation) included in income attributable to unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2022: Total First Lien Second Lien Subordinated Equity and other Fair Value, December 31, 2021 $ 1,512,366 $ 1,206,596 $ 221,895 $ 9,390 $ 74,485 Total gains or losses included in earnings: Net realized gains on investments (95) (95) — — — Net change in unrealized depreciation of investments (26,708) (9,580) (15,144) (13) (1,971) Purchases, including capitalized PIK and revolver fundings 547,044 495,748 18,253 20,738 12,305 Proceeds from paydowns of investments (155,551) (138,363) (17,188) — — Transfers into Level III(1) 118,715 — 118,715 — — Transfers out of Level III(1) (24,735) — (24,735) — — Fair Value, September 30, 2022 $ 1,971,036 $ 1,554,306 $ 301,796 $ 30,115 $ 84,819 Unrealized depreciation for the period relating to those Level III assets that were still held by the Company at the end of the period: $ (27,710) $ (10,242) $ (15,484) $ (13) $ (1,971)
Schedule of Fair Value Measurement Inputs and Valuation Techniques	The unobservable inputs used in the fair value measurement of the Company's Level III investments as of September 30, 2023 were as follows: Range Type Fair Value as of September 30, 2023 Approach Unobservable Input Low High Weighted First lien $ 1,577,434 Market & income approach EBITDA multiple 9.0x 70.0x 18.6x Revenue multiple 4.0x 19.5x 10.0x Discount rate 9.4 % 25.4 % 11.2 % 31,872 Other N/A (2) N/A N/A N/A Second lien 287,339 Market & income approach EBITDA multiple 9.5x 21.0x 16.4x Discount rate 10.3 % 34.0 % 13.2 % 6,248 Other N/A (2) N/A N/A N/A Subordinated 34,398 Market & income approach EBITDA multiple 14.0x 32.5x 20.4x Discount rate 13.0 % 16.3 % 13.5 % Equity and other 92,859 Market & income approach EBITDA multiple 11.0x 26.5x 14.4x Revenue multiple 4.0x 20.1x 6.2x Discount rate 10.8 % 17.2 % 13.5 % $ 2,030,150 (1) Unobservable inputs were weighted by the relative fair value of the investments. (2) Fair value was determined based on transaction pricing or recent acquisition or sale as the best measure of fair value with no material changes in operations of the related portfolio company since the transaction date. The unobservable inputs used in the fair value measurement of the Company's Level III investments as of December 31, 2022 were as follows: Range Type Fair Value as of December 31, 2022(3) Approach Unobservable Input Low High Weighted First lien $ 1,579,843 Market & income approach EBITDA multiple 8.7x 70.0x 19.3x Revenue multiple 6.0x 19.5x 10.4x Discount rate 8.3 % 29.4 % 10.7 % (29) Other N/A (2) N/A N/A N/A Second lien 299,769 Market & income approach EBITDA multiple 10.0x 32.0x 18.3x Discount rate 11.2 % 23.1 % 12.8 % Subordinated 29,858 Market & income approach EBITDA multiple 14.0x 23.5x 21.4x Discount rate 13.5% 15.7% 14.7% Equity and other 88,490 Market & income approach EBITDA multiple 11.0x 26.5x 16.0x Revenue multiple 10.5x 19.5x 16.5x Discount rate 9.3 % 17.0 % 12.6 % $ 1,997,931 (1) Unobservable inputs were weighted by the relative fair value of the investments. (2) Fair value was determined based on transaction pricing or recent acquisition or sale as the best measure of fair value with no material changes in operations of the related portfolio company since the transaction date.
Schedule of Principal Amount and Fair Values of Borrowings	The following are the principal amount and fair value of the Company’s borrowings as of September 30, 2023. Fair value is estimated by discounting remaining payments using applicable current market rates, which take into account changes in the Company’s marketplace credit ratings, or market quotes, if available. As of September 30, 2023 December 31, 2022 Principal Amount Fair Value Principal Amount Fair Value Wells Credit Facility $ 728,000 $ 724,367 $ 685,600 $ 680,211 Unsecured Notes 275,000 252,320 275,000 248,141 Total Borrowings $ 1,003,000 $ 976,687 $ 960,600 $ 928,352

Agreements and Related Parties

Agreements and Related Parties (Tables)	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Schedule of Management Fees and Incentive Fees	The following table summarizes the management fees and incentive fees incurred by the Company for the three and nine months ended September 30, 2023 and September 30, 2022. Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Management fee $ 3,299 $ 3,301 $ 9,897 $ 9,906 Less: management fee waiver — (5) — (270) Net management fee 3,299 3,296 9,897 9,636 Incentive fee, excluding accrued incentive fees on capital gains $ 6,468 $ 4,869 $ 18,058 $ 12,619

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Information Related to Borrowings	The following table summarizes the interest expense, non-usage fees and amortization of financing costs incurred on the Wells Credit Facility for the three and nine months ended September 30, 2023 and September 30, 2022: Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Interest expense $ 14,836 $ 7,655 $ 39,316 $ 14,846 Non-usage fee $ 19 $ 125 $ 277 $ 390 Amortization of financing costs $ 356 $ 358 $ 1,060 $ 982 Weighted average interest rate 7.5 % 4.3 % 7.2 % 3.3 % Effective interest rate 7.8 % 4.6 % 7.5 % 3.6 % Average debt outstanding $ 772,433 $ 696,029 $ 721,621 $ 597,135 The following table summarizes the interest expense, non-usage fees and amortization of financing costs incurred on the Unsecured Notes for the three and nine months ended September 30, 2023 and September 30, 2022: Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Interest expense $ 2,556 $ 2,556 $ 7,667 $ 6,910 Amortization of financing costs $ 227 $ 204 $ 640 $ 545 Weighted average interest rate 3.7 % 3.7 % 3.7 % 3.7 % Effective interest rate 4.0 % 4.0 % 4.0 % 4.0 % Average debt outstanding $ 275,000 $ 275,000 $ 275,000 $ 250,092

Members' Capital (Tables)

Members' Capital (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Schedule of Capital Drawdowns Delivered Pursuant to Subscription Agreements	The following table summarizes the total Units issued and proceeds received related to capital drawdowns delivered pursuant to the Subscription Agreements for the nine months ended September 30, 2023. There were no Units issued or proceeds received related to capital drawdowns delivered pursuant to the Subscription Agreements for the nine months ended September 30, 2023 as the Capital Commitment has been fully drawn as of March 31, 2022. Drawdown Date Unit Issue Date Units Issued Aggregate Offering Price March 10, 2022 March 24, 2022 22,981,305 $ 229,812
Schedule of Distributions Declared on Common Units	The following table reflects the distributions declared on the Company's common units for the nine months ended September 30, 2023. Date Declared Record Date Payment Date Per Unit Amount March 30, 2023 March 31, 2023 April 20, 2023 $ 0.285 June 26, 2023 June 29, 2023 July 20, 2023 0.300 September 27, 2023 September 28, 2023 October 20, 2023 0.310 $ 0.895 The following table reflects the distributions declared on the Company's common units for the nine months ended September 30, 2022. Date Declared Record Date Payment Date Per Unit Amount March 29, 2022 March 30, 2022 April 20, 2022 $ 0.181 June 27, 2022 June 29, 2022 July 20, 2022 0.217 September 28, 2022 September 29, 2022 October 20, 2022 0.240 $ 0.638

Earnings Per Unit (Tables)

Earnings Per Unit (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Unit	The following information sets forth the computation of basic net increase in the Company's members' capital per unit resulting from operations for the three and nine months ended September 30, 2023 and September 30, 2022: Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Earnings per unit—basic & diluted Numerator for basic & diluted earnings per unit: $ 47,132 $ 8,647 $ 120,312 $ 35,888 Denominator for basic & diluted weighted average unit: 114,906,527 114,906,527 114,906,527 108,003,717 Basic & diluted earnings per unit: $ 0.41 $ 0.08 $ 1.05 $ 0.33

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
	Sep. 30, 2023
Investment Company [Abstract]
Schedule of Financial Highlights	The following information sets forth the Company's financial highlights for the nine months ended September 30, 2023 and September 30, 2022. Nine Months Ended September 30, 2023 September 30, 2022 Per unit data(1): Members' capital, December 31, 2022 and December 31, 2021, respectively $ 9.50 $ 9.95 Net investment income 0.89 0.66 Net realized and unrealized gains (losses)(2) 0.16 (0.34) Total net increase 1.05 0.32 Distributions declared to unitholders from net investment income (0.90) (0.64) Members' capital, September 30, 2023 and September 30, 2022, respectively $ 9.65 9.63 Total return based on members' capital(3) 11.40 % 3.27 % Units outstanding at end of period 114,906,527 114,906,527 Average weighted units outstanding for the period 114,906,527 108,003,717 Average members' capital for the period $ 1,094,437 $ 1,068,004 Ratio to average members' capital: Net investment income(4) 12.50 % 8.95 % Total expenses, before waivers(4) 10.00 % 6.28 % Total expenses, net of waivers(4) 10.00 % 6.24 % Average debt outstanding—Unsecured Notes $ 275,000 $ 250,092 Average debt outstanding—BMO Subscription Line(5) $ — $ 94,578 Average debt outstanding—Wells Credit Facility $ 721,621 $ 597,135 Asset coverage ratio 210.56 % 216.45 % Portfolio turnover 2.46 % 8.08 % Capital Commitments $ 1,149,065 $ 1,149,065 Funded Capital Commitments $ 1,149,065 $ 1,149,065 % of Capital Commitments funded 100.00 % 100.00 % (1) Per unit data is based on weighted average units outstanding for the respective period (except for distributions declared to unitholders, which are based on actual rate per unit). (2) The total amount shown may not correspond with the aggregate amount for the period, as it includes the effect of the timing of capital transactions, which, for the nine months ended September 30, 2023 and September 30, 2022, were $0.00 and $(0.01), respectively. (3) Total return is calculated assuming a purchase at members' capital per Unit on the first day of the year and a sale at members' capital per Unit on the last day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at members' capital per Unit on the last day of the respective quarter. Total return calculation is not annualized. (4) Annualized. (5) For the nine months ended September 30, 2022, average debt outstanding represents the period from January 1, 2022 to March 25, 2022 (termination of the BMO Subscription Line).

Formation and Business Purpose

Formation and Business Purpose (Details) - USD ($) $ in Thousands			9 Months Ended
	Oct. 15, 2021	Jul. 15, 2019	Sep. 30, 2023	Sep. 30, 2022
Summary of Investment Holdings [Line Items]
Aggregate capital commitments	$ 1,149,065		$ 1,149,065	$ 1,149,065
Investment period		4 years
Term of company		6 years
Term of company, extension period		1 year
Term of company, additional extension period		1 year
Minimum
Summary of Investment Holdings [Line Items]
EBITDA as defined for middle market business			10,000
Maximum
Summary of Investment Holdings [Line Items]
EBITDA as defined for middle market business			200,000
Private Offering
Summary of Investment Holdings [Line Items]
Offering period		18 months
New Mountain Capital
Summary of Investment Holdings [Line Items]
Assets under management			$ 45,000,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) $ in Thousands		3 Months Ended		9 Months Ended
	Apr. 11, 2022 USD ($)	Sep. 30, 2023 USD ($) investment	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) investment	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) investment
Accounting Policies [Abstract]
Cash equivalents		$ 0		$ 0		$ 0
Investment income, interest, paid-in-kind		3,036	$ 2,144	8,427	$ 5,498
Investment income, dividend, paid-in-kind		$ 2,482	2,200	$ 7,206	5,886
Investments threshold period past due for nonaccrual status		30 days		30 days
Number of investments on non-accrual status | investment		0		0		0
Related Party Transaction [Line Items]
Income tax (provision) benefit		$ 2,235	102	$ (127)	(5)
Current income tax expense (benefit)		(1,402)	(5)	813	(54)
Deferred income tax provision (benefit)		(833)	$ (97)	(686)	$ 59
Deferred tax asset		353		353		$ 0
Deferred tax liability		$ 0		0		$ 333
Investment Management Agreement | Affiliates
Related Party Transaction [Line Items]
Organizational and offering expenses, reduction to base management fee, threshold	$ 2,000			$ 2,000
Organizational and offering expenses, reduction to base management fee, percent of capital commitments	0.50%			0.50%

Investments - Investment Cost a

Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($) $ in Thousands	Sep. 30, 2023		Dec. 31, 2022
Schedule of Investments [Line Items]
Cost	$ 2,098,205	[1]	$ 2,107,206	[2]
Fair Value	2,062,830	[1]	2,053,939	[2]
Software
Schedule of Investments [Line Items]
Cost	773,394		787,131
Fair Value	766,717		775,032
Business Services
Schedule of Investments [Line Items]
Cost	445,626		434,189
Fair Value	442,457		423,595
Healthcare
Schedule of Investments [Line Items]
Cost	417,651		415,568
Fair Value	399,923		397,762
Consumer Services
Schedule of Investments [Line Items]
Cost	127,841		118,853
Fair Value	126,392		116,931
Financial Services
Schedule of Investments [Line Items]
Cost	82,722		100,638
Fair Value	82,813		98,801
Distribution & Logistics
Schedule of Investments [Line Items]
Cost	83,651		83,210
Fair Value	81,475		80,165
Consumer Products
Schedule of Investments [Line Items]
Cost	44,479		45,138
Fair Value	40,793		44,607
Education
Schedule of Investments [Line Items]
Cost	35,991		35,968
Fair Value	35,502		34,249
Information Technology
Schedule of Investments [Line Items]
Cost	32,531		32,501
Fair Value	32,801		32,233
Packaging
Schedule of Investments [Line Items]
Cost	29,210		29,392
Fair Value	29,048		28,793
Specialty Chemicals & Materials
Schedule of Investments [Line Items]
Cost	19,067		18,628
Fair Value	18,661		17,715
Business Products
Schedule of Investments [Line Items]
Cost	6,042		5,990
Fair Value	6,248		4,056
First lien
Schedule of Investments [Line Items]
Cost	1,627,756		1,609,747
Fair Value	1,611,873		1,586,875
Second lien
Schedule of Investments [Line Items]
Cost	339,062		376,051
Fair Value	322,891		347,952
Subordinated
Schedule of Investments [Line Items]
Cost	35,558		31,265
Fair Value	35,207		30,622
Equity and other
Schedule of Investments [Line Items]
Cost	95,829		90,143
Fair Value	$ 92,859		$ 88,490
[1]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[2]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Unfunded Commitments on Revolving Credit Facilities
Investment Company, Nonconsolidated Subsidiary [Line Items]
Principal amount	$ 80,800	$ 81,811
Unfunded Commitments on Bridge Facilities
Investment Company, Nonconsolidated Subsidiary [Line Items]
Principal amount	0	0
Unfunded Commitments on Delayed Draws or Other Future Funding Commitments
Investment Company, Nonconsolidated Subsidiary [Line Items]
Principal amount	$ 79,245	$ 152,699

Fair Value - Fair Value Levels

Fair Value - Fair Value Levels (Details) - USD ($) $ in Thousands	Sep. 30, 2023		Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	$ 2,062,830	[1]	$ 2,053,939	[2]
First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	1,611,873		1,586,875
Second lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	322,891		347,952
Subordinated
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	35,207		30,622
Equity and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	92,859		88,490
Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	0		0
Level I | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	0		0
Level I | Second lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	0		0
Level I | Subordinated
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	0		0
Level I | Equity and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	0		0
Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	32,680		56,008
Level II | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	2,567		7,061
Level II | Second lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	29,304		48,183
Level II | Subordinated
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	809		764
Level II | Equity and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	0		0
Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	2,030,150		1,997,931
Level III | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	1,609,306		1,579,814
Level III | Second lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	293,587		299,769
Level III | Subordinated
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	34,398		29,858
Level III | Equity and other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	$ 92,859		$ 88,490
[1]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[2]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.

Fair Value - Level III Rollforw

Fair Value - Level III Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Total
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 2,040,022	$ 1,908,049	$ 1,997,931	$ 1,512,366
Total gains or losses included in earnings	10,120
Purchases, including capitalized PIK and revolver fundings	23,705	142,579	99,941	547,044
Proceeds from sales and paydowns of investments	(48,281)	(98,508)	(103,558)	(155,551)
Transfers into Level III	8,230	81,954	16,588	118,715
Transfers out of Level III	(3,646)	(46,187)		(24,735)
Ending balance	2,030,150	1,971,036	2,030,150	1,971,036
Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period	9,103	(17,082)	17,233	(27,710)
Total | Net realized losses on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		(95)	(339)	(95)
Total | Net change in unrealized appreciation (depreciation) of investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		(16,756)	19,587	(26,708)
First lien
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	1,597,415	1,528,560	1,579,814	1,206,596
Total gains or losses included in earnings	3,227
Purchases, including capitalized PIK and revolver fundings	22,633	111,438	90,010	495,748
Proceeds from sales and paydowns of investments	(13,969)	(81,320)	(69,246)	(138,363)
Transfers into Level III	0	35,328	0	0
Transfers out of Level III	0	(30,777)		0
Ending balance	1,609,306	1,554,306	1,609,306	1,554,306
Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period	2,636	(8,829)	7,882	(10,242)
First lien | Net realized losses on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		(95)	(339)	(95)
First lien | Net change in unrealized appreciation (depreciation) of investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		(8,828)	9,067	(9,580)
Second lien
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	315,811	284,125	299,769	221,895
Total gains or losses included in earnings	7,504
Purchases, including capitalized PIK and revolver fundings	0	10,086	0	18,253
Proceeds from sales and paydowns of investments	(34,312)	(17,188)	(34,312)	(17,188)
Transfers into Level III	8,230	46,626	16,588	118,715
Transfers out of Level III	(3,646)	(15,410)		(24,735)
Ending balance	293,587	301,796	293,587	301,796
Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period	7,078	(6,768)	10,373	(15,484)
Second lien | Net realized losses on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		0	0	0
Second lien | Net change in unrealized appreciation (depreciation) of investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		(6,443)	11,542	(15,144)
Subordinated
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	33,740	9,969	29,858	9,390
Total gains or losses included in earnings	328
Purchases, including capitalized PIK and revolver fundings	330	20,151	4,246	20,738
Proceeds from sales and paydowns of investments	0	0	0	0
Transfers into Level III	0	0	0	0
Transfers out of Level III	0	0		0
Ending balance	34,398	30,115	34,398	30,115
Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period	328	(5)	294	(13)
Subordinated | Net realized losses on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		0	0	0
Subordinated | Net change in unrealized appreciation (depreciation) of investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		(5)	294	(13)
Equity and other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	93,056	85,395	88,490	74,485
Total gains or losses included in earnings	(939)
Purchases, including capitalized PIK and revolver fundings	742	904	5,685	12,305
Proceeds from sales and paydowns of investments	0	0	0	0
Transfers into Level III	0	0	0	0
Transfers out of Level III	0	0		0
Ending balance	92,859	84,819	92,859	84,819
Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period	$ (939)	(1,480)	(1,316)	(1,971)
Equity and other | Net realized losses on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		0	0	0
Equity and other | Net change in unrealized appreciation (depreciation) of investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses included in earnings		$ (1,480)	$ (1,316)	$ (1,971)

Fair Value - Unobservable Input

Fair Value - Unobservable Inputs (Details) $ in Thousands	Sep. 30, 2023 USD ($)		Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 2,062,830	[1]	$ 2,053,939	[2]
First lien
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	1,611,873		1,586,875
Second lien
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	322,891		347,952
Subordinated
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	35,207		30,622
Equity and other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	92,859		88,490
Level III
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	2,030,150		1,997,931
Level III | First lien
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	1,609,306		1,579,814
Level III | First lien | Market & income approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 1,577,434		$ 1,579,843
Level III | First lien | Market & income approach | EBITDA multiple | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	9		8.7
Level III | First lien | Market & income approach | EBITDA multiple | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	70		70
Level III | First lien | Market & income approach | EBITDA multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	18.6		19.3
Level III | First lien | Market & income approach | Revenue multiple | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	4		6
Level III | First lien | Market & income approach | Revenue multiple | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	19.5		19.5
Level III | First lien | Market & income approach | Revenue multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	10		10.4
Level III | First lien | Market & income approach | Discount rate | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.094		0.083
Level III | First lien | Market & income approach | Discount rate | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.254		0.294
Level III | First lien | Market & income approach | Discount rate | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.112		0.107
Level III | First lien | Other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 31,872		$ (29)
Level III | Second lien
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	293,587		299,769
Level III | Second lien | Market & income approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 287,339		$ 299,769
Level III | Second lien | Market & income approach | EBITDA multiple | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	9.5		10
Level III | Second lien | Market & income approach | EBITDA multiple | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	21		32
Level III | Second lien | Market & income approach | EBITDA multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	16.4		18.3
Level III | Second lien | Market & income approach | Discount rate | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.103		0.112
Level III | Second lien | Market & income approach | Discount rate | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.340		0.231
Level III | Second lien | Market & income approach | Discount rate | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.132		0.128
Level III | Subordinated
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 34,398		$ 29,858
Level III | Subordinated | Market & income approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 34,398		$ 29,858
Level III | Subordinated | Market & income approach | EBITDA multiple | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	14		14
Level III | Subordinated | Market & income approach | EBITDA multiple | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	32.5		23.5
Level III | Subordinated | Market & income approach | EBITDA multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	20.4		21.4
Level III | Subordinated | Market & income approach | Discount rate | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.130		13.5
Level III | Subordinated | Market & income approach | Discount rate | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.163		15.7
Level III | Subordinated | Market & income approach | Discount rate | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.135		14.7
Level III | Subordinated | Other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 6,248
Level III | Equity and other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	92,859		$ 88,490
Level III | Equity and other | Market & income approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 92,859		$ 88,490
Level III | Equity and other | Market & income approach | EBITDA multiple | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	11		11
Level III | Equity and other | Market & income approach | EBITDA multiple | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	26.5		26.5
Level III | Equity and other | Market & income approach | EBITDA multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	14.4		16
Level III | Equity and other | Market & income approach | Revenue multiple | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	4		10.5
Level III | Equity and other | Market & income approach | Revenue multiple | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	20.1		19.5
Level III | Equity and other | Market & income approach | Revenue multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	6.2		16.5
Level III | Equity and other | Market & income approach | Discount rate | Low
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.108		0.093
Level III | Equity and other | Market & income approach | Discount rate | High
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.172		0.170
Level III | Equity and other | Market & income approach | Discount rate | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0.135		0.126
[1]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.[2]New Mountain Guardian III BDC, L.L.C. (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.

Fair Value - Principal Amount a

Fair Value - Principal Amount and Fair Values of Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Principal Amount
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Borrowings	$ 1,003,000	$ 960,600
Principal Amount | Line of Credit
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Borrowings	728,000	685,600
Principal Amount | Unsecured Notes
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Borrowings	275,000	275,000
Fair Value
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Borrowings	976,687	928,352
Fair Value | Line of Credit
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Borrowings	724,367	680,211
Fair Value | Unsecured Notes
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Borrowings	$ 252,320	$ 248,141

Agreements and Related Partie_2

Agreements and Related Parties - Narrative (Details)			3 Months Ended		9 Months Ended
	Jan. 24, 2023	Apr. 11, 2022 USD ($)	Sep. 30, 2023 USD ($) component	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) component	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Related Party Transaction [Line Items]
Incentive fee			$ 6,468,000	$ 4,869,000	$ 18,058,000	$ 12,619,000
Affiliates
Related Party Transaction [Line Items]
Incentive fees waived			0	0	0	0
Payable to affiliates			$ 486,000		486,000		$ 313,000
Investment Management Agreement | Affiliates
Related Party Transaction [Line Items]
Agreement term	12 months
Base management fee percentage		1.15%
Minimum base management fee		$ 0
Organizational and offering expenses, reduction to base management fee, threshold		$ 2,000,000			$ 2,000,000
Organizational and offering expenses, reduction to base management fee, percent of capital commitments		0.50%			0.50%
Number of incentive fee components | component			2		2
Return of incentive fee upon termination of company, cumulative incentive fees threshold, percentage		15%
Return of incentive fee upon termination of company, cumulative internal rate of return threshold, percentage		7%
Quarterly hurdle rate | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		1.75%
Annualized hurdle rate | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		7%
Pre-Incentive Fee Net Investment Income below catch-up threshold | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		100%
Quarterly catch-up threshold | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		2.059%
Annualized catch-up threshold | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		8.235%
Pre-Incentive Fee Net Investment Income exceeds catch-up threshold | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		15%
Realized capital gains | Affiliates
Related Party Transaction [Line Items]
Incentive fee			$ 0	0
Realized capital gains, annualized cumulative internal rate of return | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		7%
Realized capital gains, cumulative net realized gains | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		100%
Realized capital gains, cumulative net realized gains threshold | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		15%
Realized capital gains, additional undistributed cumulative net realized gains | Affiliates
Related Party Transaction [Line Items]
Incentive fee percentage		15%
Expense Limitation and Reimbursement Agreement | Affiliates
Related Party Transaction [Line Items]
Management fee waiver, percentage applied to calculate Specified Expense Cap		0.40%
Management fee waiver, capital commitments threshold		$ 750,000,000
Period for reimbursement of compensation waived and other expenses		36 months
Period for recapture of specified expenses		36 months
Administration Agreement
Related Party Transaction [Line Items]
Fees waived by the administrator				0		0
Administration Agreement | Affiliates
Related Party Transaction [Line Items]
Indirect administrative expenses			309,000	$ 202,000	$ 702,000	$ 659,000
Fees waived by the administrator			0		0
Payable to affiliates			$ 309,000		$ 309,000		$ 201,000

Agreements and Related Partie_3

Agreements and Related Parties - Management Fees and Incentive Fees (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Related Party Transaction [Line Items]
Management fee	$ 3,299	$ 3,301	$ 9,897	$ 9,906
Incentive fee	6,468	4,869	18,058	12,619
Affiliates
Related Party Transaction [Line Items]
Management fee	3,299	3,301	9,897	9,906
Less: management fee waiver	0	(5)	0	(270)
Total management fee	3,299	3,296	9,897	9,636
Incentive fee, excluding accrued incentive fees on capital gains | Affiliates
Related Party Transaction [Line Items]
Incentive fee	$ 6,468	$ 4,869	$ 18,058	$ 12,619

Borrowings - BMO Subscription L

Borrowings - BMO Subscription Line (Details) $ in Thousands		3 Months Ended	9 Months Ended		31 Months Ended
	Mar. 09, 2022 USD ($)	Mar. 25, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Mar. 09, 2022 USD ($)
Line of Credit Facility [Line Items]
Amortization of financing costs			$ 1,699	$ 1,533
Revolving Credit Facility | Line of Credit | BMO Subscription Line
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 250,000				$ 250,000
Maximum borrowing capacity, percentage of remaining unfunded capital commitments	0.800				0.800
Interest expense		$ 653
Amortization of financing costs		$ 7
Weighted average interest rate		3%
Effective interest rate		3.10%
Revolving Credit Facility | Line of Credit | BMO Subscription Line | Prime Rate
Line of Credit Facility [Line Items]
Interest rate margin plus (minus)	(0.25%)				(0.25%)
Revolving Credit Facility | Line of Credit | BMO Subscription Line | LIBOR
Line of Credit Facility [Line Items]
Interest rate margin plus (minus)					2.50%
Revolving Credit Facility | Line of Credit | BMO Subscription Line | SOFR Quoted Rate
Line of Credit Facility [Line Items]
Interest rate margin plus (minus)	2.50%
Revolving Credit Facility | Line of Credit | BMO Subscription Line | Three-month term SOFR
Line of Credit Facility [Line Items]
Interest rate margin plus (minus)	0.15%

Borrowings - Wells Credit Facil

Borrowings - Wells Credit Facility (Details) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended
	Mar. 11, 2022	Mar. 10, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Aug. 30, 2019
Line of Credit Facility [Line Items]
Amortization of financing costs					$ 1,699	$ 1,533
Credit facility outstanding balance			$ 728,000		728,000		$ 685,600
Line of Credit | Wells Credit Facility
Line of Credit Facility [Line Items]
Average debt outstanding					721,621	597,135
Revolving Credit Facility | Wells Credit Facility
Line of Credit Facility [Line Items]
Credit facility outstanding balance			728,000		728,000		$ 685,600
Revolving Credit Facility | Line of Credit | Wells Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity								$ 800,000
Borrowing capacity, first percentage								25%
Borrowing capacity, second percentage								45%
Borrowing capacity, third percentage								55%
Borrowing capacity, fourth percentage								70%
Borrowing capacity, fifth percentage								0.750
Interest expense			14,836	$ 7,655	39,316	14,846
Non-usage fee			19	125	277	390
Amortization of financing costs			$ 356	$ 358	$ 1,060	$ 982
Weighted average interest rate			7.50%	4.30%	7.20%	3.30%
Effective interest rate			7.80%	4.60%	7.50%	3.60%
Average debt outstanding			$ 772,433	$ 696,029	$ 721,621	$ 597,135
Revolving Credit Facility | Line of Credit | Wells Credit Facility, Broadly Syndicated Loans | Daily Simple SOFR
Line of Credit Facility [Line Items]
Interest rate margin	1.80%
Revolving Credit Facility | Line of Credit | Wells Credit Facility, Broadly Syndicated Loans | LIBOR
Line of Credit Facility [Line Items]
Interest rate margin		1.65%
Revolving Credit Facility | Line of Credit | Wells Credit Facility, Excluding Broadly Syndicated Loans | Daily Simple SOFR
Line of Credit Facility [Line Items]
Interest rate margin	2.30%
Revolving Credit Facility | Line of Credit | Wells Credit Facility, Excluding Broadly Syndicated Loans | LIBOR
Line of Credit Facility [Line Items]
Interest rate margin		2.15%

Borrowings - Unsecured Notes (D

Borrowings - Unsecured Notes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Mar. 10, 2022	Dec. 21, 2021	Aug. 04, 2021
Debt Instrument [Line Items]
Amortization of financing costs			$ 1,699	$ 1,533
Unsecured Notes outstanding balance	$ 275,000		275,000		$ 275,000
Unsecured Notes
Debt Instrument [Line Items]
Asset Coverage Ratio threshold for interest rate increase								1.83
Obligation to offer prepayment, net proceeds received, threshold amount								$ 25,000
Obligation to offer prepayment, net proceeds received threshold, percentage of notes issued for								10%
Minimum Asset Coverage Ratio								1.50
Interest expense	2,556	$ 2,556	7,667	6,910
Amortization of financing costs	$ 227	$ 204	$ 640	$ 545
Weighted average interest rate	3.70%	3.70%	3.70%	3.70%
Effective interest rate	4%	4%	4%	4%
Average debt outstanding	$ 275,000	$ 275,000	$ 275,000	$ 250,092
Unsecured Notes | Series 2021A Senior Notes, Tranche A
Debt Instrument [Line Items]
Face amount								$ 125,000
Stated interest rate								3.57%
Unsecured Notes | Series 2021A Senior Notes, Tranche B
Debt Instrument [Line Items]
Face amount							$ 50,000
Stated interest rate							3.62%
Unsecured Notes | Series 2022A Unsecured Notes
Debt Instrument [Line Items]
Face amount						$ 100,000
Stated interest rate						3.95%

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financing commitment letter to purchase investments
Other Commitments [Line Items]
Other commitments	$ 0	$ 0
Unfunded Commitments on Revolving Credit Facilities
Other Commitments [Line Items]
Principal amount	80,800	81,811
Bridge financing commitments
Other Commitments [Line Items]
Principal amount	0	0
Other Future Funding Commitments
Other Commitments [Line Items]
Principal amount	$ 79,245	$ 152,699

Members' Capital (Details)

Members' Capital (Details) - USD ($) $ / shares in Units, $ in Thousands								3 Months Ended		9 Months Ended
	Sep. 27, 2023	Jun. 26, 2023	Mar. 30, 2023	Sep. 28, 2022	Jun. 27, 2022	Mar. 29, 2022	Mar. 24, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Equity [Abstract]
Units Issued (in shares)							22,981,305	0	0	0	22,981,305
Aggregate Offering Price							$ 229,812			$ 0	$ 229,812
Distributions declared (in dollars per share)	$ 0.310	$ 0.300	$ 0.285	$ 0.240	$ 0.217	$ 0.181				$ 0.895	$ 0.638

Earnings Per Unit (Details)

Earnings Per Unit (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Numerator for basic & diluted earnings per unit:	$ 47,132	$ 8,647	$ 120,312	$ 35,888
Denominator for basic weighted average unit (in shares)	114,906,527	114,906,527	114,906,527	108,003,717
Denominator for diluted weighted average unit (in shares)	114,906,527	114,906,527	114,906,527	108,003,717
Basic earnings per unit (in dollars per share)	$ 0.41	$ 0.08	$ 1.05	$ 0.33
Diluted earnings per unit (in dollars per share)	$ 0.41	$ 0.08	$ 1.05	$ 0.33

Financial Highlights (Details)

Financial Highlights (Details) - USD ($) $ / shares in Units, $ in Thousands								3 Months Ended		9 Months Ended
	Sep. 27, 2023	Jun. 26, 2023	Mar. 30, 2023	Sep. 28, 2022	Jun. 27, 2022	Mar. 29, 2022	Oct. 15, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Investment Company, Financial Highlights [Roll Forward]
Members' capital, beginning balance (in dollars per share)										$ 9.50	$ 9.95
Net investment income (in dollars per share)										0.89	0.66
Net realized and unrealized gains (losses) (in dollars per share)										0.16	(0.34)
Total net increase (in dollars per share)										1.05	0.32
Distributions declared to unitholders from net investment income (in dollars per share)	$ (0.310)	$ (0.300)	$ (0.285)	$ (0.240)	$ (0.217)	$ (0.181)				(0.895)	(0.638)
Members' capital, ending balance (in dollars per share)								$ 9.65	$ 9.63	$ 9.65	$ 9.63
Total return based on members' capital										11.40%	3.27%
Units outstanding at end of period (in shares)								114,906,527	114,906,527	114,906,527	114,906,527	114,906,527
Average weighted units outstanding for the period - basic (in shares)								114,906,527	114,906,527	114,906,527	108,003,717
Average weighted units outstanding for the period - diluted (in shares)								114,906,527	114,906,527	114,906,527	108,003,717
Average members' capital for the period										$ 1,094,437	$ 1,068,004
Ratio to average members' capital:
Net investment income										12.50%	8.95%
Total expenses, before waivers/reimbursements										10%	6.28%
Total expenses, net of waivers/reimbursements										10%	6.24%
Asset coverage ratio								210.56%	216.45%	210.56%	216.45%
Portfolio turnover										2.46%	8.08%
Capital Commitments							$ 1,149,065			$ 1,149,065	$ 1,149,065
Funded Capital Commitments								$ 1,149,065	$ 1,149,065	$ 1,149,065	$ 1,149,065
% of Capital Commitments funded										100%	100%
Effect of the timing of capital transactions (in dollars per share)										$ 0	$ (0.01)
Unsecured Notes
Ratio to average members' capital:
Average debt outstanding								$ 275,000	$ 275,000	$ 275,000	$ 250,092
BMO Subscription Line | Line of Credit
Ratio to average members' capital:
Average debt outstanding										0	94,578
Wells Credit Facility | Line of Credit
Ratio to average members' capital:
Average debt outstanding										$ 721,621	$ 597,135