Kayne DL 2021 10-K 3 Mar 25 2024 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2024	Feb. 21, 2025	Jun. 30, 2024
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Financial Statement Error Correction [Flag]	false
Entity Interactive Data Current	Yes
ICFR Auditor Attestation Flag	false
Amendment Flag	false
Document Period End Date	Dec. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Documents Incorporated by Reference [Text Block]	Kayne DL 2021, Inc. will file with the Securities and Exchange Commission, not later than 120 days after the close of its fiscal year ended December 31, 2024, a definitive proxy statement containing the information required to be disclosed under Part III of Form 10-K.
Entity Information [Line Items]
Entity Registrant Name	Kayne DL 2021, Inc.
Entity Central Index Key	0001850787
Securities Act File Number	814-01393
Entity Tax Identification Number	86-2440860
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Public Float			$ 0
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	717 Texas Avenue
Entity Address, Address Line Two	Suite 2200
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77002
Entity Phone Fax Numbers [Line Items]
City Area Code	(713)
Local Phone Number	493-2020
Entity Listings [Line Items]
Title of 12(g) Security	Common Stock, par value $0.001 per share
Entity Common Stock, Shares Outstanding		56,769

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Auditor [Table]
Auditor Name	PricewaterhouseCoopers LLP
Auditor Firm ID	238
Auditor Location	Los Angeles, California
Auditor Opinion [Text Block]	Opinion on the Financial Statements We have audited the accompanying consolidated statements of assets and liabilities, including the consolidated schedules of investments, of Kayne DL 2021, Inc. and its subsidiary (the "Company") as of December 31, 2024 and 2023, and the related consolidated statements of operations, of changes in net assets and of cash flows for each of the three years in the period ended December 31, 2024, including the related notes (collectively referred to as the "consolidated financial statements"). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations, changes in its net assets and its cash flows for each of the three years in the period ended December 31, 2024 in conformity with accounting principles generally accepted in the United States of America.

Consolidated Statement of Asset

Consolidated Statement of Assets and Liabilities - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Investments, at fair value:
Long-term investments (amortized cost of $257,420 and $174,235)		$ 261,833	$ 177,526
Short-term investments (amortized cost of $13,440 and $4,715)		13,440	4,715
Cash and cash equivalents		2,899	5,887
Receivable for principal payments on investments		71	13
Interest receivable		2,070	1,563
Prepaid expenses and other assets		115	115
Total Assets		280,428	189,819
Liabilities:
Unamortized Subscription Credit Facility issuance costs		(12)	(11)
Distributions payable		7,202	4,659
Management fee payable		481	306
Accrued expenses and other liabilities		284	300
Accrued excise tax expense			14
Total Liabilities		7,955	5,268
Commitments and contingencies (Note 8)
Net Assets:
Common Shares, $0.001 par value; 100,000 shares authorized; 51,812 and 35,293 as of December 31, 2024 and December 31, 2023, respectively, issued and outstanding
Additional paid-in capital		268,243	181,115
Total distributable earnings (deficit)		4,230	3,436
Total Net Assets		272,473	184,551
Total Liabilities and Net Assets		$ 280,428	$ 189,819
Net Asset Value Per Common Share (in Dollars per share)	[1]	$ 5,259	$ 5,229	[2]
[1] The per common share data was derived by using weighted average shares outstanding. For the year ended December 31, 2021, the initial offering price of $5,000 per share less $24 of organizational costs.

Consolidated Statement of Ass_2

Consolidated Statement of Assets and Liabilities (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Long-term investments (amortized cost) (in Dollars)	$ 257,420	$ 174,235
Short-term investments (amortized cost) (in Dollars)	$ 13,440	$ 4,715
Common shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Common shares, shares authorized	100,000	100,000
Common shares, shares issued	51,812	35,293
Common shares, shares outstanding	51,812	35,293

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Investment income from investments:
Interest income		$ 28,189	$ 17,404	$ 4,338
Dividend income		501	342
Total Investment Income		28,690	17,746	4,338
Expenses:
Interest expense		173	214	215
Management fees		1,673	1,051	337
Professional fees		350	359	389
Directors fees		159	147	115
Offering costs				137
Excise tax			14
Other general and administrative expenses		428	368	307
Total Expenses		2,783	2,153	1,500
Net Investment Income (Loss)		25,907	15,593	2,838
Net realized gains (losses):
Investments				1
Total net realized gains (losses)				1
Net change in unrealized gains (losses):
Investments		1,123	1,061	1,968
Total net change in unrealized gains (losses)		1,123	1,061	1,968
Total realized and unrealized gains (losses)		1,123	1,061	1,969
Net Increase (Decrease) in Net Assets Resulting from Operations		$ 27,030	$ 16,654	$ 4,807
Per Common Share Data:
Basic net investment income per common share (in Dollars per share)	[1]	$ 583	$ 561	$ 257
Basic net increase in net assets resulting from operations (in Dollars per share)		609	600	435
Diluted net increase in net assets resulting from operations (in Dollars per share) (in Dollars per share)		$ 609	$ 600	$ 435
Weighted Average Common Shares Outstanding - Basic (in Shares)		44,402	27,779	11,046
Weighted Average Common Shares Outstanding - Diluted (in Shares) (in Shares)		44,402	27,779	11,046
[1] The per common share data was derived by using weighted average shares outstanding.

Consolidated Statement of Ope_2

Consolidated Statement of Operations (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Diluted net investment income per common share (in Dollars per share)	$ 583	$ 561	$ 257

Consolidated Statement of Chang

Consolidated Statement of Changes in Net Assets - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Increase (Decrease) in Net Assets Resulting from Operations:
Net investment income (loss)	$ 25,907	$ 15,593	$ 2,838
Net realized gains (losses) on investments			1
Net change in unrealized gains (losses) on investments	1,123	1,061	1,968
Net Increase (Decrease) in Net Assets Resulting from Operations	27,030	16,654	4,807
Decrease in Net Assets Resulting from Stockholder Dividends
Dividends to stockholders	(26,236)	(15,329)	(2,901)
Net Decrease in Net Assets Resulting from Stockholder Dividends	(26,236)	(15,329)	(2,901)
Increase in Net Assets Resulting from Capital Share Transactions
Issuance of common shares	75,000	65,000	60,000
Reinvestment of dividends	12,128	12,318	1,123
Net Increase in Net Assets Resulting from Capital Share Transactions	87,128	77,318	61,123
Total Increase (Decrease) in Net Assets	87,922	78,643	63,029
Net Assets, Beginning of Period	184,551	105,908	42,879
Net Assets, End of Period	$ 272,473	$ 184,551	$ 105,908

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash Flows from Operating Activities:
Net increase (decrease) in net assets resulting from operations	$ 27,030	$ 16,654	$ 4,807
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:
Net realized (gains)/losses on investments			(1)
Net change in unrealized (gains)/losses on investments	(1,123)	(1,061)	(1,968)
Net accretion of discount on investments	(1,667)	(1,073)	(216)
Sales (purchases) of short-term investments, net	(8,725)	(4,715)	31,239
Purchases of portfolio investments	(121,494)	(88,027)	(95,709)
Proceeds from sales of investments and principal repayments	40,135	19,947	2,343
Paid-in-kind interest from portfolio investments	(158)
Amortization of deferred financing cost	77	85	90
Increase/(decrease) in operating assets and liabilities:
(Increase)/decrease in interest and dividends receivable	(507)	(591)	(960)
(Increase)/decrease in deferred offering costs			137
(Increase)/decrease in receivable for principal payments on investments	(58)	9	(22)
(Increase)/decrease in prepaid expenses and other assets		(14)	11
Increase/(decrease) in payable for investments purchased		(137)	137
Increase/(decrease) in management fees payable	175	150	154
Increase/(decrease) in excise tax payable	(14)	14
Increase/(decrease) in accrued organizational and offering costs, net			(471)
Increase/(decrease) in accrued other general and administrative expenses	(16)	(138)	263
Net cash used in operating activities	(66,345)	(58,897)	(60,166)
Cash Flows from Financing Activities:
Borrowings/(payments) on subscription credit facility, net		(750)	750
Payments of debt issuance costs	(78)	(61)	(125)
Dividends paid in cash	(11,565)	(120)	(10)
Proceeds from issuance of common shares	75,000	65,000	60,000
Net cash provided by financing activities	63,357	64,069	60,615
Net increase (decrease) in cash and cash equivalents	(2,988)	5,172	449
Cash and cash equivalents, beginning of period	5,887	715	266
Cash and cash equivalents, end of period	2,899	5,887	715
Supplemental and Non-Cash Information:
Interest paid during the period	96	128	111
Non-cash financing activities not included herein consisted of reinvestment of dividends	$ 12,128	$ 12,318	$ 1,123

Consolidated Schedule of Invest

Consolidated Schedule of Investments (Unaudited) - Debt Investments [Member] - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Professional services [Member]
Principal /Par (in Dollars)	[1]	$ 10,681
Amortized Cost (in Dollars)	[1],[2],[3]	10,450
Fair Value (in Dollars)	[1]	$ 10,681
Percentage of Net Assets	[1]	3.90%
Aerospace & defense [Member]
Principal /Par (in Dollars)	[1]	$ 15,584
Amortized Cost (in Dollars)	[1],[2],[3]	15,308
Fair Value (in Dollars)	[1]	$ 15,640
Percentage of Net Assets	[1]	5.70%
Aerospace & defense [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4],[5]		$ 10,793
Amortized Cost (in Dollars)	[3],[4],[5],[6]		10,533
Fair Value (in Dollars)	[4],[5]		$ 10,834
Percentage of Net Assets	[4],[5]		5.90%
Aerospace & defense [Member] | First lien senior secured revolving loan [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Principal /Par (in Dollars)	[1],[7]
Maturity Date	[1],[7]	Dec. 05, 2028
Amortized Cost (in Dollars)	[1],[2],[3],[7]
Investment and Interest Rate	[1],[7]	9.94%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]
Percentage of Net Assets	[1],[7]	0%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Principal /Par (in Dollars)	[1],[7]	$ 4,509
Maturity Date	[1],[7]	Dec. 05, 2028
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 4,420
Investment and Interest Rate	[1],[7]	9.94%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 4,573
Percentage of Net Assets	[1],[7]	1.70%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Precinmac (US) Holdings, Inc [Member]
Principal /Par (in Dollars)	[1]	$ 3,793
Maturity Date	[1]	Nov. 04, 2031
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,755
Investment and Interest Rate	[1]	9.31%
Spread and Interest Rate	[1]	4.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,793
Percentage of Net Assets	[1]	1.40%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Principal /Par (in Dollars)	[4],[5],[9]		$ 4,555
Maturity Date	[4],[5],[9]		Dec. 05, 2028
Amortized Cost (in Dollars)	[3],[4],[5],[6],[9]		$ 4,449
Investment and Interest Rate	[4],[5],[9]		11.51%
Spread and Interest Rate	[4],[5],[9]		6%
Fair Value (in Dollars)	[4],[5],[9]		$ 4,600
Percentage of Net Assets	[4],[5],[9]		2.50%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Vitesse Systems Parent, LLC [Member]
Principal /Par (in Dollars)	[4],[5]		$ 5,957
Maturity Date	[4],[5]		Dec. 22, 2028
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 5,808
Investment and Interest Rate	[4],[5]		12.63%
Spread and Interest Rate	[4],[5]		7%
Fair Value (in Dollars)	[4],[5]		$ 5,957
Percentage of Net Assets	[4],[5]		3.20%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Precinmac (US) Holdings, Inc. [Member]
Principal /Par (in Dollars)	[4],[5]		$ 281
Maturity Date	[4],[5]		Aug. 31, 2027
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 276
Investment and Interest Rate	[4],[5]		11.46%
Spread and Interest Rate	[4],[5]		6%
Fair Value (in Dollars)	[4],[5]		$ 277
Percentage of Net Assets	[4],[5]		0.20%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Principal /Par (in Dollars)	[1],[7]	$ 603
Maturity Date	[1],[7]	Dec. 05, 2028
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 593
Investment and Interest Rate	[1],[7]	9.94%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 612
Percentage of Net Assets	[1],[7]	0.20%
Aerospace & defense [Member] | First lien senior secured delayed draw loan [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Principal /Par (in Dollars)	[1],[7]
Maturity Date	[1],[7]	Jul. 08, 2026
Amortized Cost (in Dollars)	[1],[2],[3],[7]
Investment and Interest Rate	[1],[7]	9.94%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]
Percentage of Net Assets	[1],[7]	0%
Aerospace & defense [Member] | First lien senior secured loan [Member] | Vitesse Systems Parent, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 5,897
Maturity Date	[1]	Dec. 22, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,774
Investment and Interest Rate	[1]	11.47%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,882
Percentage of Net Assets	[1]	2.10%
Aerospace & defense [Member] | First lien senior secured revolving loan [Member] | Vitesse Systems Parent, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 782
Maturity Date	[1]	Dec. 22, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 766
Investment and Interest Rate	[1]	11.56%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 780
Percentage of Net Assets	[1]	0.30%
Aerospace & defense [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Principal /Par (in Dollars)	[4],[5]
Maturity Date	[4],[5]		Dec. 05, 2028
Amortized Cost (in Dollars)	[3],[4],[5],[6]
Investment and Interest Rate	[4],[5]		11.51%
Spread and Interest Rate	[4],[5]		6%
Fair Value (in Dollars)	[4],[5]
Percentage of Net Assets	[4],[5]		0%
Automobile components [Member]
Principal /Par (in Dollars)	[1]	$ 10,037
Amortized Cost (in Dollars)	[1],[2],[3]	9,889
Fair Value (in Dollars)	[1]	$ 10,119
Percentage of Net Assets	[1]	3.70%
Automobile components [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4],[5]		$ 2,673
Amortized Cost (in Dollars)	[3],[4],[5],[6]		2,630
Fair Value (in Dollars)	[4],[5]		$ 2,667
Percentage of Net Assets	[4],[5]		1.40%
Automobile components [Member] | First lien senior secured loan [Member] | Speedstar Holding LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,020
Maturity Date	[1]	Jul. 22, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,008
Investment and Interest Rate	[1]	10.59%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,025
Percentage of Net Assets	[1]	0.40%
Automobile components [Member] | First lien senior secured loan [Member] | Vehicle Accessories, Inc. [Member]
Principal /Par (in Dollars)	[1]	$ 3,827
Maturity Date	[1]	Nov. 30, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,788
Investment and Interest Rate	[1]	9.72%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,827
Percentage of Net Assets	[1]	1.40%
Automobile components [Member] | First lien senior secured loan [Member] | WAM CR Acquisition, Inc. (Wolverine) [Member]
Principal /Par (in Dollars)	[1]	$ 5,079
Maturity Date	[1]	Jul. 23, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,983
Investment and Interest Rate	[1]	10.58%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,155
Percentage of Net Assets	[1]	1.90%
Automobile components [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Speedstar Holding LLC [Member]
Principal /Par (in Dollars)	[4],[5]		$ 790
Maturity Date	[4],[5]		Jan. 22, 2027
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 771
Investment and Interest Rate	[4],[5]		12.78%
Spread and Interest Rate	[4],[5]		7.25%
Fair Value (in Dollars)	[4],[5]		$ 786
Percentage of Net Assets	[4],[5]		0.40%
Automobile components [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Vehicle Accessories, Inc. [Member]
Principal /Par (in Dollars)	[4],[5]		$ 1,697
Maturity Date	[4],[5]		Nov. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 1,678
Investment and Interest Rate	[4],[5]		10.72%
Spread and Interest Rate	[4],[5]		5.25%
Fair Value (in Dollars)	[4],[5]		$ 1,697
Percentage of Net Assets	[4],[5]		0.90%
Automobile components [Member] | First lien senior secured delayed draw loan [Member] | Speedstar Holding LLC [Member]
Principal /Par (in Dollars)	[1]	$ 111
Maturity Date	[1]	Jul. 22, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 110
Investment and Interest Rate	[1]	10.59%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 112
Percentage of Net Assets	[1]	0%
Automobile components [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Speedstar Holding LLC [Member]
Principal /Par (in Dollars)	[4],[5]		$ 186
Maturity Date	[4],[5]		Jan. 22, 2027
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 181
Investment and Interest Rate	[4],[5]		12.78%
Spread and Interest Rate	[4],[5]		7.25%
Fair Value (in Dollars)	[4],[5]		$ 184
Percentage of Net Assets	[4],[5]		0.10%
Automobile components [Member] | First lien senior secured revolving loan [Member] | Vehicle Accessories, Inc. [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 30, 2026
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.72%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Biotechnology [Member]
Principal /Par (in Dollars)	[1]	$ 4,364
Amortized Cost (in Dollars)	[1],[2],[3]	4,248
Fair Value (in Dollars)	[1]	$ 4,409
Percentage of Net Assets	[1]	1.60%
Biotechnology [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4],[5]		$ 4,068
Amortized Cost (in Dollars)	[3],[4],[5],[6]		3,919
Fair Value (in Dollars)	[4],[5]		$ 4,150
Percentage of Net Assets	[4],[5]		2.20%
Biotechnology [Member] | First lien senior secured loan [Member] | Alcami Corporation (Alcami) [Member]
Principal /Par (in Dollars)	[1]	$ 4,027
Maturity Date	[1]	Dec. 21, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,924
Investment and Interest Rate	[1]	11.66%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,068
Percentage of Net Assets	[1]	1.50%
Biotechnology [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Alcami Corporation (Alcami) [Member]
Principal /Par (in Dollars)	[4],[5]		$ 4,068
Maturity Date	[4],[5]		Dec. 21, 2028
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 3,919
Investment and Interest Rate	[4],[5]		12.46%
Spread and Interest Rate	[4],[5]		7%
Fair Value (in Dollars)	[4],[5]		$ 4,150
Percentage of Net Assets	[4],[5]		2.20%
Biotechnology [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Alcami Corporation (Alcami) [Member]
Principal /Par (in Dollars)	[4],[5]
Maturity Date	[4],[5]		Jun. 30, 2024
Amortized Cost (in Dollars)	[3],[4],[5],[6]
Investment and Interest Rate	[4],[5]		12.46%
Spread and Interest Rate	[4],[5]		7%
Fair Value (in Dollars)	[4],[5]
Percentage of Net Assets	[4],[5]		0%
Biotechnology [Member] | First lien senior secured revolving loan [Member] | Alcami Corporation (Alcami) [Member]
Principal /Par (in Dollars)	[1]	$ 41
Maturity Date	[1]	Dec. 21, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 28
Investment and Interest Rate	[1]	11.44%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 42
Percentage of Net Assets	[1]	0%
Biotechnology [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Alcami Corporation (Alcami) [Member]
Principal /Par (in Dollars)	[4],[5]
Maturity Date	[4],[5]		Dec. 21, 2028
Amortized Cost (in Dollars)	[3],[4],[5],[6]
Investment and Interest Rate	[4],[5]		12.46%
Spread and Interest Rate	[4],[5]		7%
Fair Value (in Dollars)	[4],[5]
Percentage of Net Assets	[4],[5]		0%
Biotechnology [Member] | First lien senior secured delayed draw loan [Member] | Alcami Corporation (Alcami) [Member]
Principal /Par (in Dollars)	[1]	$ 296
Maturity Date	[1]	Dec. 21, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 296
Investment and Interest Rate	[1]	11.55%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 299
Percentage of Net Assets	[1]	0.10%
Building Products [Member]
Principal /Par (in Dollars)	[1]	$ 5,360
Amortized Cost (in Dollars)	[1],[2],[3]	5,236
Fair Value (in Dollars)	[1]	$ 5,360
Percentage of Net Assets	[1]	2%
Building Products [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4],[5]		$ 1,619
Amortized Cost (in Dollars)	[3],[4],[5],[6]		1,557
Fair Value (in Dollars)	[4],[5]		$ 1,619
Percentage of Net Assets	[4],[5]		0.90%
Building Products [Member] | First lien senior secured revolving loan [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 19, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.11%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Building Products [Member] | First lien senior secured revolving loan [Member] | US Anchors Group, Inc. (Mechanical Plastics Corp.) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jul. 15, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.33%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Building Products [Member] | First lien senior secured loan [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,603
Maturity Date	[1]	Nov. 17, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,561
Investment and Interest Rate	[1]	9.86%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,603
Percentage of Net Assets	[1]	0.60%
Building Products [Member] | First lien senior secured loan [Member] | US Anchors Group, Inc. (Mechanical Plastics Corp.) [Member]
Principal /Par (in Dollars)	[1]	$ 2,897
Maturity Date	[1]	Jul. 15, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,834
Investment and Interest Rate	[1]	9.33%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,897
Percentage of Net Assets	[1]	1.10%
Building Products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[4],[5]		$ 1,619
Maturity Date	[4],[5]		Nov. 19, 2029
Amortized Cost (in Dollars)	[3],[4],[5],[6]		$ 1,557
Investment and Interest Rate	[4],[5]		11.08%
Spread and Interest Rate	[4],[5]		5.75%
Fair Value (in Dollars)	[4],[5]		$ 1,619
Percentage of Net Assets	[4],[5]		0.90%
Building Products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[4],[5]
Maturity Date	[4],[5]		Nov. 17, 2024
Amortized Cost (in Dollars)	[3],[4],[5],[6]
Investment and Interest Rate	[4],[5]		11.08%
Spread and Interest Rate	[4],[5]		5.75%
Fair Value (in Dollars)	[4],[5]
Percentage of Net Assets	[4],[5]		0%
Building Products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[4],[5]
Maturity Date	[4],[5]		Nov. 19, 2029
Amortized Cost (in Dollars)	[3],[4],[5],[6]
Investment and Interest Rate	[4],[5]		11.08%
Spread and Interest Rate	[4],[5]		5.75%
Fair Value (in Dollars)	[4],[5]
Percentage of Net Assets	[4],[5]		0%
Building Products [Member] | First lien senior secured delayed draw loan [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 860
Maturity Date	[1]	Nov. 19, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 841
Investment and Interest Rate	[1]	10.11%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 860
Percentage of Net Assets	[1]	0.30%
Building Products [Member] | First lien senior secured delayed draw loan [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 19, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.11%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Building Products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Ruff Roofers Buyer, LLC [Member]
Principal /Par (in Dollars)	[4],[5]
Maturity Date	[4],[5]		Nov. 17, 2025
Amortized Cost (in Dollars)	[3],[4],[5],[6]
Investment and Interest Rate	[4],[5]		11.08%
Spread and Interest Rate	[4],[5]		5.75%
Fair Value (in Dollars)	[4],[5]
Percentage of Net Assets	[4],[5]		0%
Commercial services & supplies [Member]
Principal /Par (in Dollars)	[1]	$ 34,327
Amortized Cost (in Dollars)	[1],[2],[3]	33,707
Fair Value (in Dollars)	[1]	$ 34,254
Percentage of Net Assets	[1]	12.60%
Commercial services & supplies [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 12,686
Amortized Cost (in Dollars)	[4]		12,469
Fair Value (in Dollars)	[3],[4],[6]		$ 12,661
Percentage of Net Assets	[4]		6.90%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | Allentown, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 109
Maturity Date	[1]	Apr. 22, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 106
Investment and Interest Rate	[1]	12.50%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	PRIME
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 105
Percentage of Net Assets	[1]	0%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | American Equipment Holdings LLC [Member]
Principal /Par (in Dollars)	[1]	$ 296
Maturity Date	[1]	Nov. 05, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 273
Investment and Interest Rate	[1]	10.47%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 296
Percentage of Net Assets	[1]	0.10%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Advanced Environmental Monitoring, Inc. [Member]
Principal /Par (in Dollars)	[1]	$ 3,000
Maturity Date	[1]	Jan. 29, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,974
Investment and Interest Rate	[1]	10.41%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,000
Percentage of Net Assets	[1]	1.10%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Allentown, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,253
Maturity Date	[1]	Apr. 22, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,221
Investment and Interest Rate	[1]	11.66%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	1%
Fair Value (in Dollars)	[1]	$ 2,174
Percentage of Net Assets	[1]	0.80%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | American Equipment Holdings LLC [Member]
Principal /Par (in Dollars)	[1]	$ 157
Maturity Date	[1]	Nov. 05, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 157
Investment and Interest Rate	[1]	10.45%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 157
Percentage of Net Assets	[1]	0.10%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Bloomington Holdco, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 3,948
Maturity Date	[1]	May 01, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,871
Investment and Interest Rate	[1]	10.05%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,948
Percentage of Net Assets	[1]	1.40%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[1]	$ 4,909
Maturity Date	[1]	Dec. 22, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,827
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,946
Percentage of Net Assets	[1]	1.80%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Connect America.com, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 4,901
Maturity Date	[1]	Oct. 11, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,830
Investment and Interest Rate	[1]	9.83%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,901
Percentage of Net Assets	[1]	1.80%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Diverzify Intermediate, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,550
Maturity Date	[1]	May 11, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,515
Investment and Interest Rate	[1]	10.53%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,531
Percentage of Net Assets	[1]	0.60%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Superior Intermediate LLC (Landmark Structures) [Member]
Principal /Par (in Dollars)	[1]	$ 3,439
Maturity Date	[1]	Dec. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,346
Investment and Interest Rate	[1]	10.35%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,439
Percentage of Net Assets	[1]	1.30%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Tapco Buyer LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,074
Maturity Date	[1]	Nov. 15, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,043
Investment and Interest Rate	[1]	9.52%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,074
Percentage of Net Assets	[1]	0.80%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Allentown, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,254
Maturity Date	[4]		Apr. 22, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,238
Investment and Interest Rate	[4]		11.46%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 2,254
Percentage of Net Assets	[4]		1.20%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[4]		$ 4,933
Maturity Date	[4]		Dec. 22, 2029
Amortized Cost (in Dollars)	[4]		$ 4,835
Investment and Interest Rate	[4]		11.11%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[3],[4],[6]		$ 4,933
Percentage of Net Assets	[4]		2.70%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | American Equipment Holdings LLC [Member]
Principal /Par (in Dollars)	[1]	$ 599
Maturity Date	[1]	Nov. 05, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 590
Investment and Interest Rate	[1]	10.50%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 599
Percentage of Net Assets	[1]	0.20%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Bloomington Holdco, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 671
Maturity Date	[1]	May 01, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 635
Investment and Interest Rate	[1]	10.05%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 671
Percentage of Net Assets	[1]	0.20%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[1]	$ 231
Maturity Date	[1]	Dec. 22, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 226
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 232
Percentage of Net Assets	[1]	0.10%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Allentown, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 407
Maturity Date	[1]	Apr. 22, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 400
Investment and Interest Rate	[1]	11.66%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	1%
Fair Value (in Dollars)	[1]	$ 393
Percentage of Net Assets	[1]	0.20%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | American Equipment Holdings LLC [Member]
Principal /Par (in Dollars)	[1]	$ 4,920
Maturity Date	[1]	Nov. 05, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,872
Investment and Interest Rate	[1]	10.47%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,920
Percentage of Net Assets	[1]	1.80%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[1]	$ 601
Maturity Date	[1]	Dec. 22, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 590
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 605
Percentage of Net Assets	[1]	0.20%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Diverzify Intermediate, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Apr. 04, 2026
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.53%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Superior Intermediate LLC (Landmark Structures) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.35%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Tapco Buyer LLC [Member]
Principal /Par (in Dollars)	[1]	$ 119
Maturity Date	[1]	Nov. 15, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 100
Investment and Interest Rate	[1]	9.34%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 119
Percentage of Net Assets	[1]	0%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | American Equipment Holdings LLC [Member]
Principal /Par (in Dollars)	[4]		$ 4,970
Maturity Date	[4]		Nov. 05, 2026
Amortized Cost (in Dollars)	[4]		$ 4,894
Investment and Interest Rate	[4]		11.74%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[3],[4],[6]		$ 4,945
Percentage of Net Assets	[4]		2.70%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Dec. 22, 2025
Amortized Cost (in Dollars)	[4]
Investment and Interest Rate	[4]		11.11%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[3],[4],[6]
Percentage of Net Assets	[4]		0%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[1]	$ 143
Maturity Date	[1]	Dec. 22, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 131
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 144
Percentage of Net Assets	[1]	0.10%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | Superior Intermediate LLC (Landmark Structures) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.35%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | Tapco Buyer LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 15, 2030
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.34%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Allentown, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 70
Maturity Date	[4]		Apr. 22, 2027
Amortized Cost (in Dollars)	[4]		$ 69
Investment and Interest Rate	[4]		13.50%
Spread and Interest Rate	[4]		5%
Fair Value (in Dollars)	[3],[4],[6]		$ 70
Percentage of Net Assets	[4]		0%
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Principal /Par (in Dollars)	[4]		$ 52
Maturity Date	[4]		Dec. 22, 2029
Amortized Cost (in Dollars)	[4]		$ 31
Investment and Interest Rate	[4]		11.11%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[3],[4],[6]		$ 52
Percentage of Net Assets	[4]		0%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Allentown, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 407
Maturity Date	[4]		Apr. 22, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 402
Investment and Interest Rate	[4]		11.46%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[3],[4],[6]		$ 407
Percentage of Net Assets	[4]		0.30%
Containers & packaging [Member]
Principal /Par (in Dollars)	[1]	$ 18,792
Amortized Cost (in Dollars)	[1],[2],[3]	18,468
Fair Value (in Dollars)	[1]	$ 18,798
Percentage of Net Assets	[1]	6.90%
Containers & packaging [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 15,945
Amortized Cost (in Dollars)	[4]		15,616
Fair Value (in Dollars)	[3],[4],[6]		$ 15,964
Percentage of Net Assets	[4]		8.60%
Containers & packaging [Member] | First lien senior secured revolving loan [Member] | Carton Packaging Buyer, Inc. (Century Box) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Oct. 30, 2028
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.84%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Containers & packaging [Member] | First lien senior secured loan [Member] | Drew Foam Companies, Inc. [Member]
Principal /Par (in Dollars)	[1]	$ 2,831
Maturity Date	[1]	Dec. 05, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,806
Investment and Interest Rate	[1]	10.78%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,831
Percentage of Net Assets	[1]	1%
Containers & packaging [Member] | First lien senior secured loan [Member] | FCA, LLC (FCA Packaging) [Member]
Principal /Par (in Dollars)	[1]	$ 2,012
Maturity Date	[1]	Jul. 18, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,994
Investment and Interest Rate	[1]	10.13%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,012
Percentage of Net Assets	[1]	0.80%
Containers & packaging [Member] | First lien senior secured loan [Member] | Innopak Industries, Inc. [Member]
Principal /Par (in Dollars)	[1]	$ 2,507
Maturity Date	[1]	Mar. 05, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,467
Investment and Interest Rate	[1]	10.75%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,507
Percentage of Net Assets	[1]	0.90%
Containers & packaging [Member] | First lien senior secured loan [Member] | The Robinette Company [Member]
Principal /Par (in Dollars)	[1]	$ 2,186
Maturity Date	[1]	May 10, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,147
Investment and Interest Rate	[1]	10.52%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,230
Percentage of Net Assets	[1]	0.80%
Containers & packaging [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Carton Packaging Buyer, Inc. (Century Box) [Member]
Principal /Par (in Dollars)	[4]		$ 5,445
Maturity Date	[4]		Oct. 30, 2028
Amortized Cost (in Dollars)	[4]		$ 5,292
Investment and Interest Rate	[4]		11.39%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[3],[4],[6]		$ 5,444
Percentage of Net Assets	[4]		3%
Containers & packaging [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Drew Foam Companies, Inc. [Member]
Principal /Par (in Dollars)	[4]		$ 2,861
Maturity Date	[4]		Nov. 05, 2025
Amortized Cost (in Dollars)	[4]		$ 2,834
Investment and Interest Rate	[4]		12.80%
Spread and Interest Rate	[4]		7.25%
Fair Value (in Dollars)	[3],[4],[6]		$ 2,840
Percentage of Net Assets	[4]		1.50%
Containers & packaging [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Innopak Industries, Inc. [Member]
Principal /Par (in Dollars)	[4]		$ 5,627
Maturity Date	[4]		Mar. 05, 2027
Amortized Cost (in Dollars)	[4]		$ 5,505
Investment and Interest Rate	[4]		11.70%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[3],[4],[6]		$ 5,627
Percentage of Net Assets	[4]		3%
Containers & packaging [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | FCA, LLC (FCA Packaging) [Member]
Principal /Par (in Dollars)	[4]		$ 2,012
Maturity Date	[4]		Jul. 18, 2028
Amortized Cost (in Dollars)	[4]		$ 1,985
Investment and Interest Rate	[4]		11.90%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[3],[4],[6]		$ 2,053
Percentage of Net Assets	[4]		1.10%
Containers & packaging [Member] | First lien senior secured loan [Member] | FCA, LLC (FCA Packaging) [Member]
Principal /Par (in Dollars)	[1]	$ 286
Maturity Date	[1]	Jul. 18, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 278
Investment and Interest Rate	[1]	10.11%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 292
Percentage of Net Assets	[1]	0.10%
Containers & packaging [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Carton Packaging Buyer, Inc. (Century Box) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Oct. 30, 2028
Amortized Cost (in Dollars)	[4]
Investment and Interest Rate	[4]		11.39%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[3],[4],[6]
Percentage of Net Assets	[4]		0%
Containers & packaging [Member] | First lien senior secured loan [Member] | Carton Packaging Buyer, Inc. (Century Box) [Member]
Principal /Par (in Dollars)	[1]	$ 5,390
Maturity Date	[1]	Oct. 30, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,264
Investment and Interest Rate	[1]	10.84%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,336
Percentage of Net Assets	[1]	2%
Containers & packaging [Member] | First lien senior secured loan [Member] | Innopak Industries, Inc. [Member]
Principal /Par (in Dollars)	[1]	$ 3,064
Maturity Date	[1]	Mar. 05, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,015
Investment and Interest Rate	[1]	10.75%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,064
Percentage of Net Assets	[1]	1.10%
Containers & packaging [Member] | First lien senior secured revolving loan [Member] | FCA, LLC (FCA Packaging) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jul. 18, 2028
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.13%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Containers & packaging [Member] | First lien senior secured revolving loan [Member] | The Robinette Company [Member]
Principal /Par (in Dollars)	[1]	$ 516
Maturity Date	[1]	May 10, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 497
Investment and Interest Rate	[1]	10.52%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 526
Percentage of Net Assets	[1]	0.20%
Containers & packaging [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | FCA, LLC (FCA Packaging) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Jul. 18, 2028
Amortized Cost (in Dollars)	[4]
Investment and Interest Rate	[4]		11.90%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[3],[4],[6]
Percentage of Net Assets	[4]		0%
Health care providers & services [Member]
Principal /Par (in Dollars)	[1]	$ 32,215
Amortized Cost (in Dollars)	[1],[2],[3]	31,588
Fair Value (in Dollars)	[1]	$ 32,233
Percentage of Net Assets	[1]	11.80%
Health care providers & services [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 16,965
Amortized Cost (in Dollars)	[3],[4],[6]		16,577
Fair Value (in Dollars)	[4]		$ 16,921
Percentage of Net Assets	[4]		9.20%
Health care providers & services [Member] | First lien senior secured loan [Member] | Brightview, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,145
Maturity Date	[1]	Dec. 14, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,140
Investment and Interest Rate	[1]	10.47%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,124
Percentage of Net Assets	[1]	0.80%
Health care providers & services [Member] | First lien senior secured loan [Member] | Guardian Dentistry Partners, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 786
Maturity Date	[1]	Aug. 20, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 775
Investment and Interest Rate	[1]	9.72%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 786
Percentage of Net Assets	[1]	0.30%
Health care providers & services [Member] | First lien senior secured loan [Member] | Light Wave Dental Management LLC [Member]
Principal /Par (in Dollars)	[1]	$ 6,083
Maturity Date	[1]	Jun. 30, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,925
Investment and Interest Rate	[1]	9.82%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 6,083
Percentage of Net Assets	[1]	2.20%
Health care providers & services [Member] | First lien senior secured loan [Member] | MVP VIP Borrower, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 4,014
Maturity Date	[1]	Jan. 03, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,930
Investment and Interest Rate	[1]	10.83%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,054
Percentage of Net Assets	[1]	1.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | NMA Super Holdings, LLC (BW Fusion) [Member]
Principal /Par (in Dollars)	[1]	$ 3,172
Maturity Date	[1]	Dec. 18, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,099
Investment and Interest Rate	[1]	9.60%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,172
Percentage of Net Assets	[1]	1.20%
Health care providers & services [Member] | First lien senior secured loan [Member] | Redwood MSO, LLC (Smile Partners) [Member]
Principal /Par (in Dollars)	[1]	$ 2,403
Maturity Date	[1]	Dec. 20, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,348
Investment and Interest Rate	[1]	9.60%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,403
Percentage of Net Assets	[1]	0.90%
Health care providers & services [Member] | First lien senior secured loan [Member] | Refocus Management Services, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 3,566
Maturity Date	[1]	Feb. 14, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,471
Investment and Interest Rate	[1]	10.75%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,566
Percentage of Net Assets	[1]	1.30%
Health care providers & services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Brightview, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,167
Maturity Date	[4]		Dec. 14, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,165
Investment and Interest Rate	[4]		11.47%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 2,130
Percentage of Net Assets	[4]		1.20%
Health care providers & services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Light Wave Dental Management LLC [Member]
Principal /Par (in Dollars)	[4]		$ 6,145
Maturity Date	[4]		Jun. 30, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 5,983
Investment and Interest Rate	[4]		12.35%
Spread and Interest Rate	[4]		7%
Fair Value (in Dollars)	[4]		$ 6,145
Percentage of Net Assets	[4]		3.30%
Health care providers & services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Guardian Dentistry Partners [Member]
Principal /Par (in Dollars)	[4]		$ 1,002
Maturity Date	[4]		Aug. 20, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 988
Investment and Interest Rate	[4]		11.97%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 1,002
Percentage of Net Assets	[4]		0.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | SGA Dental Partners Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,419
Maturity Date	[4]		Dec. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,402
Investment and Interest Rate	[4]		11.67%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 1,419
Percentage of Net Assets	[4]		0.80%
Health care providers & services [Member] | First lien senior secured loan [Member] | Light Wave Dental Management LLC [Member]
Principal /Par (in Dollars)	[1]	$ 62
Maturity Date	[1]	Jun. 30, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 60
Investment and Interest Rate	[1]	9.82%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 62
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | SGA Dental Partners Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 457
Maturity Date	[4]		Dec. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 447
Investment and Interest Rate	[4]		11.61%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 457
Percentage of Net Assets	[4]		0.20%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | The Robinette Company [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 10, 2025
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.52%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Brightview, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 287
Maturity Date	[1]	Dec. 14, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 285
Investment and Interest Rate	[1]	10.47%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 284
Percentage of Net Assets	[1]	0.10%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Guardian Dentistry Partners, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,415
Maturity Date	[1]	Aug. 20, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,399
Investment and Interest Rate	[1]	9.72%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,415
Percentage of Net Assets	[1]	0.50%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | MVP VIP Borrower, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 324
Maturity Date	[1]	Jan. 03, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 317
Investment and Interest Rate	[1]	10.83%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 327
Percentage of Net Assets	[1]	0.10%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | NMA Super Holdings, LLC (BW Fusion) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 18, 2030
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.60%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Redwood MSO, LLC (Smile Partners) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 20, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.60%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Refocus Management Services, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 494
Maturity Date	[1]	Feb. 14, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 465
Investment and Interest Rate	[1]	10.75%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 494
Percentage of Net Assets	[1]	0.20%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Brightview, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 289
Maturity Date	[4]		Dec. 14, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 289
Investment and Interest Rate	[4]		11.47%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 284
Percentage of Net Assets	[4]		0.20%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Guided Practice Solutions: Dental, LLC (GPS) [Member]
Principal /Par (in Dollars)	[4]		$ 1,484
Maturity Date	[4]		Dec. 29, 2025
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,388
Investment and Interest Rate	[4]		11.72%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 1,484
Percentage of Net Assets	[4]		0.80%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Guardian Dentistry Partners [Member]
Principal /Par (in Dollars)	[4]		$ 1,951
Maturity Date	[4]		Aug. 20, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,930
Investment and Interest Rate	[4]		11.97%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 1,951
Percentage of Net Assets	[4]		1.10%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | SGA Dental Partners Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,323
Maturity Date	[4]		Dec. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,282
Investment and Interest Rate	[4]		11.67%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 1,323
Percentage of Net Assets	[4]		0.70%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Brightview, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 130
Maturity Date	[1]	Dec. 14, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 130
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 129
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Guardian Dentistry Partners, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Aug. 20, 2027
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.72%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Light Wave Dental Management LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jun. 30, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.82%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | NMA Super Holdings, LLC (BW Fusion) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 18, 2030
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.60%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Redwood MSO, LLC (Smile Partners) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 20, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11.75%
Spread and Interest Rate	[1]	4.25%
Reference	[1],[8]	PRIME
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Brightview, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 130
Maturity Date	[4]		Dec. 14, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 130
Investment and Interest Rate	[4]		11.47%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 128
Percentage of Net Assets	[4]		0.10%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Light Wave Dental Management LLC [Member]
Principal /Par (in Dollars)	[4]		$ 598
Maturity Date	[4]		Jun. 30, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 573
Investment and Interest Rate	[4]		12.35%
Spread and Interest Rate	[4]		7%
Fair Value (in Dollars)	[4]		$ 598
Percentage of Net Assets	[4]		0.30%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | SGA Dental Partners Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Dec. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.67%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Guided Practice Solutions: Dental, LLC (GPS) [Member]
Principal /Par (in Dollars)	[1]	$ 3,818
Maturity Date	[1]	Nov. 24, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,753
Investment and Interest Rate	[1]	10.72%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,818
Percentage of Net Assets	[1]	1.40%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Salt Dental Collective, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 995
Maturity Date	[1]	Feb. 15, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 986
Investment and Interest Rate	[1]	11.21%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 995
Percentage of Net Assets	[1]	0.40%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Guided Practice Solutions: Dental, LLC (GPS) [Member]
Principal /Par (in Dollars)	[1]	$ 954
Maturity Date	[1]	Nov. 24, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 954
Investment and Interest Rate	[1]	10.72%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 954
Percentage of Net Assets	[1]	0.30%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | SGA Dental Partners Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Apr. 19, 2024
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.67%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Health care providers & services [Member] | First lien senior secured delayed draw loan Two [Member] | Guided Practice Solutions: Dental, LLC (GPS) [Member]
Principal /Par (in Dollars)	[1]	$ 1,567
Maturity Date	[1]	Nov. 24, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,551
Investment and Interest Rate	[1]	10.72%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,567
Percentage of Net Assets	[1]	0.60%
Diversified telecommunication services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Network Connex (f/k/a NTI Connect, LLC) [Member]
Principal /Par (in Dollars)	[4]		$ 3,750
Maturity Date	[4]		Jan. 31, 2026
Amortized Cost (in Dollars)	[4]		$ 3,677
Investment and Interest Rate	[4]		10.95%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[3],[4],[6]		$ 3,750
Percentage of Net Assets	[4]		2%
Diversified telecommunication services [Member] | First lien senior secured loan [Member] | Network Connex (f/k/a NTI Connect, LLC) [Member]
Principal /Par (in Dollars)	[1]	$ 2,564
Maturity Date	[1]	Jan. 31, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,528
Investment and Interest Rate	[1]	9.48%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,564
Percentage of Net Assets	[1]	0.90%
Food products [Member]
Principal /Par (in Dollars)	[1]	$ 32,348
Amortized Cost (in Dollars)	[1],[2],[3]	31,714
Fair Value (in Dollars)	[1]	$ 31,897
Percentage of Net Assets	[1]	11.70%
Food products [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 23,492
Amortized Cost (in Dollars)	[3],[4],[6]		22,932
Fair Value (in Dollars)	[4]		$ 23,226
Percentage of Net Assets	[4]		12.60%
Food products [Member] | First lien senior secured revolving loan [Member] | CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Feb. 26, 2030
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.77%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Food products [Member] | First lien senior secured revolving loan [Member] | Gulf Pacific Holdings, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 360
Maturity Date	[1]	Sep. 30, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 353
Investment and Interest Rate	[1]	10.46%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 352
Percentage of Net Assets	[1]	0.10%
Food products [Member] | First lien senior secured revolving loan [Member] | ML Buyer, LLC (Mama Lycha Foods, LLC) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Sep. 09, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.68%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Food products [Member] | First lien senior secured loan [Member] | CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) [Member]
Principal /Par (in Dollars)	[1]	$ 2,630
Maturity Date	[1]	Feb. 26, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,572
Investment and Interest Rate	[1]	9.77%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,630
Percentage of Net Assets	[1]	1%
Food products [Member] | First lien senior secured loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[1]	$ 3,853
Maturity Date	[1]	Jul. 23, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,787
Investment and Interest Rate	[1]	10.05%
Spread and Interest Rate	[1]	5.63%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,853
Percentage of Net Assets	[1]	1.40%
Food products [Member] | First lien senior secured loan [Member] | J&K Ingredients, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,896
Maturity Date	[1]	Nov. 16, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,837
Investment and Interest Rate	[1]	10.83%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,925
Percentage of Net Assets	[1]	1.10%
Food products [Member] | First lien senior secured loan [Member] | Siegel Egg Co., LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,329
Maturity Date	[1]	Dec. 29, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,312
Investment and Interest Rate	[1]	13.19%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	2%
Fair Value (in Dollars)	[1]	$ 2,003
Percentage of Net Assets	[1]	0.70%
Food products [Member] | First lien senior secured loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,831
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,769
Investment and Interest Rate	[1]	11%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,774
Percentage of Net Assets	[1]	1%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | BR PJK Produce, LLC (Keany) [Member]
Principal /Par (in Dollars)	[4]		$ 4,724
Maturity Date	[4]		Nov. 14, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 4,631
Investment and Interest Rate	[4]		11.50%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 4,724
Percentage of Net Assets	[4]		2.60%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | City Line Distributors, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,874
Maturity Date	[4]		Aug. 31, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,807
Investment and Interest Rate	[4]		11.47%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 1,874
Percentage of Net Assets	[4]		1%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Gulf Pacific Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,730
Maturity Date	[4]		Sep. 30, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,702
Investment and Interest Rate	[4]		11.25%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]		$ 1,721
Percentage of Net Assets	[4]		0.90%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[4]		$ 3,892
Maturity Date	[4]		Oct. 03, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 3,811
Investment and Interest Rate	[4]		11.07%
Spread and Interest Rate	[4]		5.63%
Fair Value (in Dollars)	[4]		$ 3,843
Percentage of Net Assets	[4]		2.10%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | J&K Ingredients, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,926
Maturity Date	[4]		Nov. 16, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,854
Investment and Interest Rate	[4]		11.63%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 2,926
Percentage of Net Assets	[4]		1.60%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Siegel Egg Co., LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,459
Maturity Date	[4]		Dec. 29, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,430
Investment and Interest Rate	[4]		11.99%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 2,323
Percentage of Net Assets	[4]		1.30%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,860
Maturity Date	[4]		Jan. 18, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,785
Investment and Interest Rate	[4]		11.60%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 2,831
Percentage of Net Assets	[4]		1.50%
Food products [Member] | First lien senior secured loan [Member] | BR PJK Produce, LLC (Keany) [Member]
Principal /Par (in Dollars)	[1]	$ 721
Maturity Date	[1]	Nov. 14, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 706
Investment and Interest Rate	[1]	10.99%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 721
Percentage of Net Assets	[1]	0.30%
Food products [Member] | First lien senior secured loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[1]	$ 97
Maturity Date	[1]	Jul. 23, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 95
Investment and Interest Rate	[1]	10.43%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 97
Percentage of Net Assets	[1]	0%
Food products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[4]		$ 98
Maturity Date	[4]		Oct. 03, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 96
Investment and Interest Rate	[4]		11.48%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 97
Percentage of Net Assets	[4]		0.10%
Food products [Member] | First lien senior secured delayed draw loan [Member] | BR PJK Produce, LLC (Keany) [Member]
Principal /Par (in Dollars)	[1]	$ 734
Maturity Date	[1]	Nov. 14, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 714
Investment and Interest Rate	[1]	10.99%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 734
Percentage of Net Assets	[1]	0.30%
Food products [Member] | First lien senior secured delayed draw loan [Member] | CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) [Member]
Principal /Par (in Dollars)	[1]	$ 1,500
Maturity Date	[1]	Feb. 26, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,442
Investment and Interest Rate	[1]	9.77%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,500
Percentage of Net Assets	[1]	0.60%
Food products [Member] | First lien senior secured delayed draw loan [Member] | City Line Distributors, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 760
Maturity Date	[1]	Aug. 31, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 748
Investment and Interest Rate	[1]	10.51%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 768
Percentage of Net Assets	[1]	0.30%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Gulf Pacific Holdings, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 144
Maturity Date	[1]	Sep. 30, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 144
Investment and Interest Rate	[1]	10.55%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 142
Percentage of Net Assets	[1]	0.10%
Food products [Member] | First lien senior secured delayed draw loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[1]	$ 572
Maturity Date	[1]	Jul. 23, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 563
Investment and Interest Rate	[1]	10.05%
Spread and Interest Rate	[1]	5.63%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 572
Percentage of Net Assets	[1]	0.20%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 555
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 543
Investment and Interest Rate	[1]	11%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 544
Percentage of Net Assets	[1]	0.20%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | BR PJK Produce, LLC (Keany) [Member]
Principal /Par (in Dollars)	[4]		$ 482
Maturity Date	[4]		Nov. 14, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 461
Investment and Interest Rate	[4]		11.46%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 482
Percentage of Net Assets	[4]		0.30%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | City Line Distributors, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Mar. 03, 2025
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.47%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Gulf Pacific Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 146
Maturity Date	[4]		Sep. 30, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 139
Investment and Interest Rate	[4]		11.38%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]		$ 145
Percentage of Net Assets	[4]		0.10%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[4]		$ 578
Maturity Date	[4]		Oct. 03, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 567
Investment and Interest Rate	[4]		11.07%
Spread and Interest Rate	[4]		5.63%
Fair Value (in Dollars)	[4]		$ 571
Percentage of Net Assets	[4]		0.30%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 631
Maturity Date	[4]		Jan. 18, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 588
Investment and Interest Rate	[4]		11.60%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 625
Percentage of Net Assets	[4]		0.30%
Food products [Member] | First lien senior secured loan [Member] | BR PJK Produce, LLC (Keany) [Member]
Principal /Par (in Dollars)	[1]	$ 4,688
Maturity Date	[1]	Nov. 14, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,620
Investment and Interest Rate	[1]	10.99%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,688
Percentage of Net Assets	[1]	1.70%
Food products [Member] | First lien senior secured loan [Member] | City Line Distributors, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,855
Maturity Date	[1]	Aug. 31, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,819
Investment and Interest Rate	[1]	10.47%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,874
Percentage of Net Assets	[1]	0.70%
Food products [Member] | First lien senior secured loan [Member] | Gulf Pacific Holdings, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,712
Maturity Date	[1]	Sep. 30, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,691
Investment and Interest Rate	[1]	10.46%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,678
Percentage of Net Assets	[1]	0.60%
Food products [Member] | First lien senior secured loan [Member] | ML Buyer, LLC (Mama Lycha Foods, LLC) [Member]
Principal /Par (in Dollars)	[1]	$ 2,545
Maturity Date	[1]	Sep. 09, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,481
Investment and Interest Rate	[1]	9.68%
Spread and Interest Rate	[1]	5.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,545
Percentage of Net Assets	[1]	0.90%
Food products [Member] | First lien senior secured revolving loan [Member] | City Line Distributors, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Aug. 31, 2028
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.51%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Food products [Member] | First lien senior secured revolving loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[1]	$ 341
Maturity Date	[1]	Jul. 23, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 333
Investment and Interest Rate	[1]	10.05%
Spread and Interest Rate	[1]	5.63%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 341
Percentage of Net Assets	[1]	0.10%
Food products [Member] | First lien senior secured revolving loan [Member] | Siegel Egg Co., LLC [Member]
Principal /Par (in Dollars)	[1]	$ 418
Maturity Date	[1]	Dec. 29, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 415
Investment and Interest Rate	[1]	13.19%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	2%
Fair Value (in Dollars)	[1]	$ 359
Percentage of Net Assets	[1]	0.10%
Food products [Member] | First lien senior secured revolving loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Food products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | City Line Distributors, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Aug. 31, 2028
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.47%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Food products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Gulf Pacific Holdings, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 231
Maturity Date	[4]		Sep. 30, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 222
Investment and Interest Rate	[4]		11.28%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]		$ 230
Percentage of Net Assets	[4]		0.10%
Food products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[4]		$ 251
Maturity Date	[4]		Oct. 03, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 244
Investment and Interest Rate	[4]		10.91%
Spread and Interest Rate	[4]		5.63%
Fair Value (in Dollars)	[4]		$ 248
Percentage of Net Assets	[4]		0.10%
Food products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Siegel Egg Co., LLC [Member]
Principal /Par (in Dollars)	[4]		$ 412
Maturity Date	[4]		Dec. 29, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 408
Investment and Interest Rate	[4]		11.99%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 390
Percentage of Net Assets	[4]		0.20%
Food products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 198
Maturity Date	[4]		Jan. 18, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 187
Investment and Interest Rate	[4]		11.60%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 196
Percentage of Net Assets	[4]		0.10%
Food products [Member] | First lien senior secured delayed draw loan [Member] | BR PJK Produce, LLC (Keany) [Member]
Principal /Par (in Dollars)	[1]	$ 227
Maturity Date	[1]	Nov. 14, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 227
Investment and Interest Rate	[1]	10.99%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 227
Percentage of Net Assets	[1]	0.10%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 461
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 429
Investment and Interest Rate	[1]	11%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(S)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 452
Percentage of Net Assets	[1]	0.20%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Worldwide Produce Acquisition, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Apr. 18, 2024
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.60%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Food products [Member] | First lien senior secured loan two [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Principal /Par (in Dollars)	[1]	$ 119
Maturity Date	[1]	Jul. 23, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 114
Investment and Interest Rate	[1]	10.05%
Spread and Interest Rate	[1]	5.63%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 118
Percentage of Net Assets	[1]	0%
Insurance [Member]
Principal /Par (in Dollars)	[1]	$ 2,488
Amortized Cost (in Dollars)	[1],[2],[3]	2,427
Fair Value (in Dollars)	[1]	$ 2,488
Percentage of Net Assets	[1]	0.90%
Insurance [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 2,513
Amortized Cost (in Dollars)	[3],[4],[6]		2,471
Fair Value (in Dollars)	[4]		$ 2,513
Percentage of Net Assets	[4]		1.40%
Insurance [Member] | First lien senior secured revolving loan [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jul. 07, 2027
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.46%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Insurance [Member] | First lien senior secured loan [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 655
Maturity Date	[1]	Jul. 07, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 635
Investment and Interest Rate	[1]	10.46%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 655
Percentage of Net Assets	[1]	0.20%
Insurance [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 661
Maturity Date	[4]		Jul. 07, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 647
Investment and Interest Rate	[4]		11.53%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 661
Percentage of Net Assets	[4]		0.40%
Insurance [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,852
Maturity Date	[4]		Jul. 07, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,824
Investment and Interest Rate	[4]		11.53%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 1,852
Percentage of Net Assets	[4]		1%
Insurance [Member] | First lien senior secured revolving loan [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Feb. 14, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.75%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Insurance [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Jul. 07, 2027
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.53%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Insurance [Member] | First lien senior secured delayed draw loan [Member] | Allcat Claims Service, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,833
Maturity Date	[1]	Jul. 07, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,792
Investment and Interest Rate	[1]	10.46%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,833
Percentage of Net Assets	[1]	0.70%
Health care equipment & supplies [Member]
Principal /Par (in Dollars)	[1]	$ 1,636
Amortized Cost (in Dollars)	[1],[2],[3]	1,597
Fair Value (in Dollars)	[1]	$ 1,599
Percentage of Net Assets	[1]	0.60%
Health care equipment & supplies [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 1,674
Amortized Cost (in Dollars)	[3],[4],[6]		1,621
Fair Value (in Dollars)	[4]		$ 1,657
Percentage of Net Assets	[4],[5]		0.90%
Health care equipment & supplies [Member] | First lien senior secured revolving loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 03, 2027
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11.78%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care equipment & supplies [Member] | First lien senior secured loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Principal /Par (in Dollars)	[1]	$ 1,636
Maturity Date	[1]	Nov. 03, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,597
Investment and Interest Rate	[1]	11.78%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,599
Percentage of Net Assets	[1]	0.60%
Health care equipment & supplies [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Principal /Par (in Dollars)	[4]		$ 1,674
Maturity Date	[4]		Nov. 03, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,621
Investment and Interest Rate	[4]		12.15%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 1,657
Percentage of Net Assets	[4]		0.90%
Health care equipment & supplies [Member] | First lien senior secured delayed draw loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 03, 2027
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11.78%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Health care equipment & supplies [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Nov. 03, 2024
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		12.15%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Health care equipment & supplies [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Nov. 03, 2027
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		12.15%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
IT services [Member]
Principal /Par (in Dollars)	[1]	$ 4,879
Amortized Cost (in Dollars)	[1],[2],[3]	4,809
Fair Value (in Dollars)	[1]	$ 4,879
Percentage of Net Assets	[1]	1.80%
IT services [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 9,543
Amortized Cost (in Dollars)	[3],[4],[6]		9,390
Fair Value (in Dollars)	[4],[5]		$ 9,496
Percentage of Net Assets	[4]		5.20%
IT services [Member] | First lien senior secured loan [Member] | Improving Acquisition LLC [Member]
Principal /Par (in Dollars)	[1]	$ 4,879
Maturity Date	[1]	Jul. 26, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,809
Investment and Interest Rate	[1]	11%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,879
Percentage of Net Assets	[1]	1.80%
IT services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Improving Acquisition LLC [Member]
Principal /Par (in Dollars)	[4]		$ 4,589
Maturity Date	[4]		Jul. 26, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 4,512
Investment and Interest Rate	[4]		12.22%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 4,566
Percentage of Net Assets	[4]		2.50%
IT services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Domain Information Services Inc. (Integris) [Member]
Principal /Par (in Dollars)	[4]		$ 4,954
Maturity Date	[4]		Sep. 30, 2025
Amortized Cost (in Dollars)	[3],[4],[6]		$ 4,878
Investment and Interest Rate	[4]		11.29%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]		$ 4,930
Percentage of Net Assets	[4]		2.70%
IT services [Member] | First lien senior secured revolving loan [Member] | Improving Acquisition LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jul. 26, 2027
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
IT services [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Improving Acquisition LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Jul. 26, 2027
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		12.22%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Leisure products [Member]
Principal /Par (in Dollars)	[1]	$ 10,885
Amortized Cost (in Dollars)	[1],[2],[3]	10,687
Fair Value (in Dollars)	[1]	$ 10,889
Percentage of Net Assets	[1]	4%
Leisure products [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 6,119
Amortized Cost (in Dollars)	[3],[4],[6]		6,009
Fair Value (in Dollars)	[4]		$ 6,124
Percentage of Net Assets	[4]		3.30%
Leisure products [Member] | First lien senior secured revolving loan [Member] | MacNeill Pride Group Corp. [Member]
Principal /Par (in Dollars)	[1]	$ 87
Maturity Date	[1]	Apr. 22, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 84
Investment and Interest Rate	[1]	11.34%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 86
Percentage of Net Assets	[1]	0%
Leisure products [Member] | First lien senior secured revolving loan [Member] | Pixel Intermediate, LLC [Member]
Principal /Par (in Dollars)	[1],[7]	$ 1,368
Maturity Date	[1],[7]	Feb. 01, 2029
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 1,333
Investment and Interest Rate	[1],[7]	10.83%
Spread and Interest Rate	[1],[7]	6.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 1,382
Percentage of Net Assets	[1],[7]	0.50%
Leisure products [Member] | First lien senior secured loan [Member] | Spinrite, Inc. [Member]
Principal /Par (in Dollars)	[1],[7]	$ 306
Maturity Date	[1],[7]	Jun. 30, 2025
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 306
Investment and Interest Rate	[1],[7]	9.83%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 306
Percentage of Net Assets	[1],[7]	0.10%
Leisure products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | VENUplus, Inc. (f/k/a CTM Group, Inc.) [Member]
Principal /Par (in Dollars)	[4]		$ 3,023
Maturity Date	[4]		Nov. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,958
Investment and Interest Rate	[4]		12.29%
Spread and Interest Rate	[4]		6.75%
Fair Value (in Dollars)	[4]		$ 3,008
Percentage of Net Assets	[4]		1.60%
Leisure products [Member] | First lien senior secured loan [Member] | Spinrite, Inc. [Member]
Principal /Par (in Dollars)	[1],[7]	$ 529
Maturity Date	[1],[7]	Jun. 30, 2025
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 529
Investment and Interest Rate	[1],[7]	9.83%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 529
Percentage of Net Assets	[1],[7]	0.20%
Leisure products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | MacNeill Pride Group [Member]
Principal /Par (in Dollars)	[4]		$ 981
Maturity Date	[4]		Apr. 22, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 962
Investment and Interest Rate	[4]		11.86%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 969
Percentage of Net Assets	[4]		0.50%
Leisure products [Member] | First lien senior secured loan [Member] | Pixel Intermediate, LLC [Member]
Principal /Par (in Dollars)	[1],[7]	$ 4,056
Maturity Date	[1],[7]	Feb. 01, 2029
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 3,968
Investment and Interest Rate	[1],[7]	10.92%
Spread and Interest Rate	[1],[7]	6.50%
Reference	[1],[7],[8]	SOFR(S)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 4,097
Percentage of Net Assets	[1],[7]	1.50%
Leisure products [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | BCI Burke Holding Corp. [Member]
Principal /Par (in Dollars)	[4]		$ 2,038
Maturity Date	[4]		Dec. 14, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,015
Investment and Interest Rate	[4]		11.11%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 2,069
Percentage of Net Assets	[4]		1.10%
Leisure products [Member] | First lien senior secured revolving loan [Member] | Spinrite, Inc. [Member]
Principal /Par (in Dollars)	[1],[7]	$ 554
Maturity Date	[1],[7]	Jun. 30, 2025
Amortized Cost (in Dollars)	[1],[2],[3],[7]	$ 550
Investment and Interest Rate	[1],[7]	9.83%
Spread and Interest Rate	[1],[7]	5.50%
Reference	[1],[7],[8]	SOFR(Q)
PIK Rate	[1],[7]
Fair Value (in Dollars)	[1],[7]	$ 554
Percentage of Net Assets	[1],[7]	0.20%
Leisure products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | BCI Burke Holding Corp. [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Jun. 14, 2027
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.11%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Leisure products [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | MacNeill Pride Group [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Apr. 22, 2026
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.86%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Leisure products [Member] | First lien senior secured delayed draw loan [Member] | MacNeill Pride Group Corp. [Member]
Principal /Par (in Dollars)	[1]	$ 954
Maturity Date	[1]	Apr. 22, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 944
Investment and Interest Rate	[1]	11.84%
Spread and Interest Rate	[1]	6.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	0.50%
Fair Value (in Dollars)	[1]	$ 950
Percentage of Net Assets	[1]	0.40%
Leisure products [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | BCI Burke Holding Corp. [Member]
Principal /Par (in Dollars)	[4]		$ 77
Maturity Date	[4]		Dec. 14, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 74
Investment and Interest Rate	[4]		11.11%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 78
Percentage of Net Assets	[4]		0.10%
Leisure products [Member] | First lien senior secured loan two [Member] | VENUplus, Inc. (f/k/a CTM Group, Inc.) [Member]
Principal /Par (in Dollars)	[1]	$ 3,031
Maturity Date	[1]	Nov. 30, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,973
Investment and Interest Rate	[1]	12.16%
Spread and Interest Rate	[1]	4.75%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	2.75%
Fair Value (in Dollars)	[1]	$ 2,985
Percentage of Net Assets	[1]	1.10%
Machinery [Member]
Principal /Par (in Dollars)	[1]	$ 7,325
Amortized Cost (in Dollars)	[1],[2],[3]	7,203
Fair Value (in Dollars)	[1]	$ 7,325
Percentage of Net Assets	[1]	2.70%
Machinery [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 2,967
Amortized Cost (in Dollars)	[3],[4],[6]		2,936
Fair Value (in Dollars)	[4]		$ 2,983
Percentage of Net Assets	[4]		1.60%
Machinery [Member] | First lien senior secured loan [Member] | MRC Keystone Acquisition LLC (Automated Handing Solutions) [Member]
Principal /Par (in Dollars)	[1]	$ 2,848
Maturity Date	[1]	Dec. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,775
Investment and Interest Rate	[1]	10.85%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,848
Percentage of Net Assets	[1]	1%
Machinery [Member] | First lien senior secured loan [Member] | Luxium Solutions LLC [Member]
Principal /Par (in Dollars)	[1]	$ 959
Maturity Date	[1]	Dec. 01, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 947
Investment and Interest Rate	[1]	10.58%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 959
Percentage of Net Assets	[1]	0.40%
Machinery [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | PVI Holdings, Inc [Member]
Principal /Par (in Dollars)	[4]		$ 2,048
Maturity Date	[4]		Jan. 18, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,023
Investment and Interest Rate	[4]		12.16%
Spread and Interest Rate	[4]		6.77%
Fair Value (in Dollars)	[4]		$ 2,064
Percentage of Net Assets	[4]		1.10%
Machinery [Member] | First lien senior secured loan [Member] | Luxium Solutions LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,181
Maturity Date	[1]	Dec. 01, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,166
Investment and Interest Rate	[1]	10.58%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,181
Percentage of Net Assets	[1]	0.40%
Machinery [Member] | First lien senior secured delayed draw loan [Member] | Luxium Solutions LLC [Member]
Principal /Par (in Dollars)	[1]	$ 310
Maturity Date	[1]	Dec. 01, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 307
Investment and Interest Rate	[1]	10.58%
Spread and Interest Rate	[1]	6.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 310
Percentage of Net Assets	[1]	0.10%
Machinery [Member] | First lien senior secured loan [Member] | PVI Holdings, Inc [Member]
Principal /Par (in Dollars)	[1]	$ 2,027
Maturity Date	[1]	Jan. 18, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,008
Investment and Interest Rate	[1]	9.68%
Spread and Interest Rate	[1]	4.94%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,027
Percentage of Net Assets	[1]	0.80%
Machinery [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Pennsylvania Machine Works, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 919
Maturity Date	[4]		Mar. 06, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 913
Investment and Interest Rate	[4]		11.61%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 919
Percentage of Net Assets	[4]		0.50%
Machinery [Member] | First lien senior secured revolving loan [Member] | MRC Keystone Acquisition LLC (Automated Handing Solutions) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.85%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Personal care products [Member]
Principal /Par (in Dollars)	[1]	$ 7,863
Amortized Cost (in Dollars)	[1],[2],[3]	7,718
Fair Value (in Dollars)	[1]	$ 7,863
Percentage of Net Assets	[1]	2.90%
Personal care products [Member] | First lien senior secured loan [Member] | Phoenix YW Buyer, Inc. (Elida Beauty) [Member]
Principal /Par (in Dollars)	[1]	$ 2,493
Maturity Date	[1]	May 31, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,434
Investment and Interest Rate	[1]	9.33%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,493
Percentage of Net Assets	[1]	0.90%
Personal care products [Member] | First lien senior secured loan [Member] | Silk Holdings III Corp. (Suave) [Member]
Principal /Par (in Dollars)	[1]	$ 5,370
Maturity Date	[1]	May 01, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,284
Investment and Interest Rate	[1]	9.83%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,370
Percentage of Net Assets	[1]	2%
Personal care products [Member] | First lien senior secured revolving loan [Member] | Phoenix YW Buyer, Inc. (Elida Beauty) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	May 31, 2030
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.33%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Professional services [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 8,667
Amortized Cost (in Dollars)	[3],[4],[6]		8,460
Fair Value (in Dollars)	[4]		$ 8,667
Percentage of Net Assets	[4]		4.70%
Professional services [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[4]		$ 60
Maturity Date	[4]		Sep. 09, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 53
Investment and Interest Rate	[4]		10.86%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 60
Percentage of Net Assets	[4]		0.10%
Professional services [Member] | First lien senior secured loan [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[1]	$ 222
Maturity Date	[1]	Sep. 09, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 220
Investment and Interest Rate	[1]	9.50%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 222
Percentage of Net Assets	[1]	0.10%
Professional services [Member] | First lien senior secured loan [Member] | Envirotech Services, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 22
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 21
Investment and Interest Rate	[1]	10.35%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 22
Percentage of Net Assets	[1]	0%
Professional services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[4]		$ 3,394
Maturity Date	[4]		Sep. 09, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 3,311
Investment and Interest Rate	[4]		10.84%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 3,394
Percentage of Net Assets	[4]		1.80%
Professional services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Universal Marine Medical Supply International, LLC (Unimed) [Member]
Principal /Par (in Dollars)	[4]		$ 3,909
Maturity Date	[4]		Dec. 05, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 3,830
Investment and Interest Rate	[4]		13.01%
Spread and Interest Rate	[4]		7.50%
Fair Value (in Dollars)	[4]		$ 3,909
Percentage of Net Assets	[4]		2.10%
Professional services [Member] | First lien senior secured loan [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[1]	$ 3,360
Maturity Date	[1]	Sep. 09, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,294
Investment and Interest Rate	[1]	9.50%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,360
Percentage of Net Assets	[1]	1.20%
Professional services [Member] | First lien senior secured loan [Member] | Envirotech Services, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 5,783
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,650
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,783
Percentage of Net Assets	[1]	2.10%
Professional services [Member] | First lien senior secured revolving loan [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Sep. 09, 2028
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.40%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Professional services [Member] | First lien senior secured revolving loan [Member] | Envirotech Services, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Jan. 18, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	10.34%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Professional services [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Universal Marine Medical Supply International, LLC (Unimed) [Member]
Principal /Par (in Dollars)	[4]		$ 735
Maturity Date	[4]		Dec. 05, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 721
Investment and Interest Rate	[4]		13%
Spread and Interest Rate	[4]		7.50%
Fair Value (in Dollars)	[4]		$ 735
Percentage of Net Assets	[4]		0.40%
Professional services [Member] | First lien senior secured delayed draw loan [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[1]	$ 1,273
Maturity Date	[1]	Sep. 09, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,251
Investment and Interest Rate	[1]	9.50%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,273
Percentage of Net Assets	[1]	0.50%
Professional services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[4]		$ 569
Maturity Date	[4]		Sep. 09, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 545
Investment and Interest Rate	[4]		10.84%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 569
Percentage of Net Assets	[4]		0.30%
Professional services [Member] | First lien senior secured delayed draw loan [Member] | DISA Holdings Corp. (DISA) [Member]
Principal /Par (in Dollars)	[1]	$ 21
Maturity Date	[1]	Sep. 09, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 14
Investment and Interest Rate	[1]	9.40%
Spread and Interest Rate	[1]	5%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 21
Percentage of Net Assets	[1]	0%
Textiles, Apparel & Luxury Goods [Member]
Principal /Par (in Dollars)	[1]	$ 2,566
Amortized Cost (in Dollars)	[1],[2],[3]	2,474
Fair Value (in Dollars)	[1]	$ 2,566
Percentage of Net Assets	[1]	1%
Textiles, Apparel & Luxury Goods [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 2,738
Amortized Cost (in Dollars)	[3],[4],[6]		2,690
Fair Value (in Dollars)	[4]		$ 2,676
Percentage of Net Assets	[4]		1.50%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured revolving loan [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Principal /Par (in Dollars)	[1]	$ 183
Maturity Date	[1]	Jul. 20, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 170
Investment and Interest Rate	[1]	14.73%
Spread and Interest Rate	[1]	7.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	3%
Fair Value (in Dollars)	[1]	$ 183
Percentage of Net Assets	[1]	0.10%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Principal /Par (in Dollars)	[4]		$ 182
Maturity Date	[4]		Jul. 20, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 177
Investment and Interest Rate	[4]		12.75%
Spread and Interest Rate	[4]		7.25%
Fair Value (in Dollars)	[4]		$ 178
Percentage of Net Assets	[4],[5]		0.10%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured loan [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Principal /Par (in Dollars)	[1]	$ 2,383
Maturity Date	[1]	Jul. 20, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,304
Investment and Interest Rate	[1]	14.73%
Spread and Interest Rate	[1]	7.25%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	3%
Fair Value (in Dollars)	[1]	$ 2,383
Percentage of Net Assets	[1]	0.90%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Principal /Par (in Dollars)	[4]		$ 2,556
Maturity Date	[4]		Jul. 20, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,513
Investment and Interest Rate	[4]		12.75%
Spread and Interest Rate	[4]		7.25%
Fair Value (in Dollars)	[4]		$ 2,498
Percentage of Net Assets	[4]		1.40%
Trading companies & distributors [Member]
Principal /Par (in Dollars)	[1]	$ 54,706
Amortized Cost (in Dollars)	[1],[2],[3]	53,687
Fair Value (in Dollars)	[1]	$ 54,820
Percentage of Net Assets	[1]	20.10%
Trading companies & distributors [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 37,991
Amortized Cost (in Dollars)	[3],[4],[6]		37,125
Fair Value (in Dollars)	[4]		$ 38,051
Percentage of Net Assets	[4]		20.60%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | TL Alpine Holding Corp. (Air Distribution Technologies Inc.) [Member]
Principal /Par (in Dollars)	[1]	$ 3,949
Maturity Date	[1]	Aug. 01, 2030
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,874
Investment and Interest Rate	[1]	10.55%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,989
Percentage of Net Assets	[1]	1.50%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,448
Maturity Date	[1]	Dec. 17, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,421
Investment and Interest Rate	[1]	11.59%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,448
Percentage of Net Assets	[1]	0.50%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Dusk Acquisition II Corporation (Motors & Armatures, Inc. – MARS) [Member]
Principal /Par (in Dollars)	[1]	$ 1,686
Maturity Date	[1]	Jul. 12, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,653
Investment and Interest Rate	[1]	10.33%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,686
Percentage of Net Assets	[1]	0.60%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Energy Acquisition LP (Electrical Components International, Inc. - ECI) [Member]
Principal /Par (in Dollars)	[1]	$ 5,105
Maturity Date	[1]	May 10, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,011
Investment and Interest Rate	[1]	11.28%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,181
Percentage of Net Assets	[1]	1.90%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Genuine Cable Group, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 4,888
Maturity Date	[1]	Nov. 01, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,806
Investment and Interest Rate	[1]	10.21%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,875
Percentage of Net Assets	[1]	1.80%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[1]	$ 3,132
Maturity Date	[1]	Mar. 01, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 3,036
Investment and Interest Rate	[1]	9.11%
Spread and Interest Rate	[1]	4.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 3,132
Percentage of Net Assets	[1]	1.20%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[1]	$ 4,403
Maturity Date	[1]	Dec. 27, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,345
Investment and Interest Rate	[1]	9.98%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,403
Percentage of Net Assets	[1]	1.60%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Workholding US Holdings, LLC (Forkardt Hardinge) [Member]
Principal /Par (in Dollars)	[1]	$ 1,680
Maturity Date	[1]	Oct. 23, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,641
Investment and Interest Rate	[1]	10.13%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,680
Percentage of Net Assets	[1]	0.60%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,479
Maturity Date	[4]		Dec. 17, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,443
Investment and Interest Rate	[4]		12.61%
Spread and Interest Rate	[4]		7%
Fair Value (in Dollars)	[4]		$ 1,475
Percentage of Net Assets	[4]		0.80%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Engineered Fastener Company, LLC (EFC International) [Member]
Principal /Par (in Dollars)	[4]		$ 6,948
Maturity Date	[4]		Nov. 01, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 6,803
Investment and Interest Rate	[4]		12%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 7,034
Percentage of Net Assets	[4]		3.80%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[4]		$ 4,436
Maturity Date	[4]		Dec. 27, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 4,355
Investment and Interest Rate	[4]		11.61%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 4,436
Percentage of Net Assets	[4]		2.40%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | EIS Legacy, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 5,212
Maturity Date	[4]		Nov. 01, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 5,097
Investment and Interest Rate	[4]		11.27%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]		$ 5,212
Percentage of Net Assets	[4]		2.80%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | BCDI Meteor Acquisition, LLC (Meteor) [Member]
Principal /Par (in Dollars)	[1]	$ 372
Maturity Date	[1]	Jun. 29, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 364
Investment and Interest Rate	[1]	11.43%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 372
Percentage of Net Assets	[1]	0.10%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 17, 2026
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11.59%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Genuine Cable Group, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,970
Maturity Date	[1]	Nov. 01, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,938
Investment and Interest Rate	[1]	10.21%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,965
Percentage of Net Assets	[1]	0.70%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | I.D. Images Acquisition, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 657
Maturity Date	[1]	Jul. 30, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 637
Investment and Interest Rate	[1]	10.11%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 657
Percentage of Net Assets	[1]	0.30%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[1]	$ 178
Maturity Date	[1]	Dec. 27, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 176
Investment and Interest Rate	[1]	9.87%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 178
Percentage of Net Assets	[1]	0.10%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Workholding US Holdings, LLC (Forkardt Hardinge) [Member]
Principal /Par (in Dollars)	[1]	$ 126
Maturity Date	[1]	Oct. 23, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 110
Investment and Interest Rate	[1]	10.09%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 126
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Genuine Cable Group, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,991
Maturity Date	[4]		Nov. 01, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,941
Investment and Interest Rate	[4]		10.96%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 1,985
Percentage of Net Assets	[4]		1.10%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | I.D. Images Acquisition, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,942
Maturity Date	[4]		Jul. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,901
Investment and Interest Rate	[4]		11.71%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4],[5]		$ 2,942
Percentage of Net Assets	[4]		1.60%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 1,210
Maturity Date	[1]	Dec. 17, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 1,186
Investment and Interest Rate	[1]	11.59%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 1,210
Percentage of Net Assets	[1]	0.40%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Energy Acquisition LP (Electrical Components International, Inc. - ECI) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	May 11, 2026
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	11.28%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[1]	$ 934
Maturity Date	[1]	Dec. 27, 2025
Amortized Cost (in Dollars)	[1],[2],[3]	$ 918
Investment and Interest Rate	[1]	9.87%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 934
Percentage of Net Assets	[1]	0.30%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Dec. 27, 2025
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.61%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | EIS Legacy, LLC [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Apr. 20, 2025
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.27%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[1],[4]
Percentage of Net Assets	[4]		0%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | AIDC Intermediate Co 2, LLC (Peak Technologies) [Member]
Principal /Par (in Dollars)	[1],[2],[3]	$ 2,937
Maturity Date	[1]	Jul. 22, 2027
Amortized Cost (in Dollars)	[1]	$ 2,870
Investment and Interest Rate	[1]	9.59%
Spread and Interest Rate	[1]	5.25%
Reference	[1]	SOFR(M)
PIK Rate	[1],[8]
Fair Value (in Dollars)	[1]	$ 2,923
Percentage of Net Assets		1.10%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | BCDI Meteor Acquisition, LLC (Meteor) [Member]
Principal /Par (in Dollars)	[1]	$ 4,913
Maturity Date	[1]	Jun. 29, 2028
Amortized Cost (in Dollars)	[1],[2],[3]	$ 4,827
Investment and Interest Rate	[1]	11.43%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 4,913
Percentage of Net Assets	[1]	1.80%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Dusk Acquisition II Corporation (Motors & Armatures, Inc. – MARS) [Member]
Principal /Par (in Dollars)	[1]	$ 5,301
Maturity Date	[1]	Jul. 12, 2029
Amortized Cost (in Dollars)	[1],[2],[3]	$ 5,202
Investment and Interest Rate	[1]	10.33%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 5,301
Percentage of Net Assets	[1]	2%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Engineered Fastener Company, LLC (EFC International) [Member]
Principal /Par (in Dollars)	[1]	$ 6,878
Maturity Date	[1]	Nov. 01, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 6,766
Investment and Interest Rate	[1]	10.98%
Spread and Interest Rate	[1]	6.50%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 6,908
Percentage of Net Assets	[1]	2.50%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | I.D. Images Acquisition, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,911
Maturity Date	[1]	Jul. 30, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,880
Investment and Interest Rate	[1]	10.11%
Spread and Interest Rate	[1]	5.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 2,911
Percentage of Net Assets	[1]	1.10%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | BCDI Meteor Acquisition, LLC (Meteor) [Member]
Principal /Par (in Dollars)	[4]		$ 4,963
Maturity Date	[4]		Jun. 29, 2028
Amortized Cost (in Dollars)	[3],[4],[6]		$ 4,857
Investment and Interest Rate	[4]		12.45%
Spread and Interest Rate	[4]		7%
Fair Value (in Dollars)	[4]		$ 4,963
Percentage of Net Assets	[4]		2.70%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Genuine Cable Group, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 4,938
Maturity Date	[4]		Nov. 01, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 4,817
Investment and Interest Rate	[4]		10.96%
Spread and Interest Rate	[4]		5.50%
Fair Value (in Dollars)	[4]		$ 4,925
Percentage of Net Assets	[4]		2.70%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | I.D. Images Acquisition, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 664
Maturity Date	[4]		Jul. 30, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 657
Investment and Interest Rate	[4]		11.75%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 664
Percentage of Net Assets	[4]		0.30%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[4]		$ 3,164
Maturity Date	[4]		Mar. 01, 2029
Amortized Cost (in Dollars)	[3],[4],[6]		$ 3,032
Investment and Interest Rate	[4]		11.20%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]		$ 3,164
Percentage of Net Assets	[4]		1.70%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 28
Maturity Date	[1]	Dec. 17, 2026
Amortized Cost (in Dollars)	[1],[2],[3]	$ 26
Investment and Interest Rate	[1]	11.59%
Spread and Interest Rate	[1]	7%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]
Fair Value (in Dollars)	[1]	$ 28
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Mar. 01, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.11%
Spread and Interest Rate	[1]	4.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Dec. 27, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.87%
Spread and Interest Rate	[1]	5.50%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 19
Maturity Date	[4]		Dec. 17, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 16
Investment and Interest Rate	[4]		12.61%
Spread and Interest Rate	[4]		7%
Fair Value (in Dollars)	[4]		$ 19
Percentage of Net Assets	[4]		0%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Mar. 01, 2029
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.20%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | Private Credit Investments [Member] | OAO Acquisitions, Inc. (BearCom) [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Dec. 27, 2029
Amortized Cost (in Dollars)	[4]
Investment and Interest Rate	[4]		11.61%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[1]
Maturity Date	[1]	Mar. 01, 2029
Amortized Cost (in Dollars)	[1],[2],[3]
Investment and Interest Rate	[1]	9.11%
Spread and Interest Rate	[1]	4.75%
Reference	[1],[8]	SOFR(M)
PIK Rate	[1]
Fair Value (in Dollars)	[1]
Percentage of Net Assets	[1]	0%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | CGI Automated Manufacturing, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 1,235
Maturity Date	[4]		Dec. 17, 2026
Amortized Cost (in Dollars)	[3],[4],[6]		$ 1,206
Investment and Interest Rate	[4]		12.61%
Spread and Interest Rate	[4]		7%
Fair Value (in Dollars)	[4]		$ 1,232
Percentage of Net Assets	[4]		0.70%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Mar. 01, 2025
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.20%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Krayden Holdings, Inc. [Member]
Principal /Par (in Dollars)	[4]
Maturity Date	[4]		Mar. 01, 2025
Amortized Cost (in Dollars)	[3],[4],[6]
Investment and Interest Rate	[4]		11.20%
Spread and Interest Rate	[4]		5.75%
Fair Value (in Dollars)	[4]
Percentage of Net Assets	[4]		0%
Wireless telecommunication services [Member]
Principal /Par (in Dollars)	[1]	$ 3,741
Amortized Cost (in Dollars)	[1],[2],[3]	3,682
Fair Value (in Dollars)	[1]	$ 3,449
Percentage of Net Assets	[1]	1.30%
Wireless telecommunication services [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 3,631
Amortized Cost (in Dollars)	[3],[4],[6]		3,577
Fair Value (in Dollars)	[4]		$ 3,385
Percentage of Net Assets	[4]		1.80%
Wireless telecommunication services [Member] | First lien senior secured loan [Member] | Centerline Communications, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 100
Maturity Date	[1]	Aug. 10, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 98
Investment and Interest Rate	[1]	12.12%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	1.50%
Fair Value (in Dollars)	[1]	$ 100
Percentage of Net Assets	[1]	0.10%
Wireless telecommunication services [Member] | First lien senior secured loan [Member] | Centerline Communications, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 666
Maturity Date	[1]	Aug. 10, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 650
Investment and Interest Rate	[1]	12.16%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	1.50%
Fair Value (in Dollars)	[1]	$ 612
Percentage of Net Assets	[1]	0.20%
Wireless telecommunication services [Member] | First lien senior secured delayed draw loan [Member] | Centerline Communications, LLC [Member]
Principal /Par (in Dollars)	[1]	$ 2,975
Maturity Date	[1]	Aug. 10, 2027
Amortized Cost (in Dollars)	[1],[2],[3]	$ 2,934
Investment and Interest Rate	[1]	12.12%
Spread and Interest Rate	[1]	6%
Reference	[1],[8]	SOFR(Q)
PIK Rate	[1]	1.50%
Fair Value (in Dollars)	[1]	$ 2,737
Percentage of Net Assets	[1]	1%
Wireless telecommunication services [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Centerline Communications, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 2,967
Maturity Date	[4]		Aug. 10, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,929
Investment and Interest Rate	[4]		11.52%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 2,766
Percentage of Net Assets	[4]		1.50%
Wireless telecommunication services [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Centerline Communications, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 664
Maturity Date	[4]		Aug. 10, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 648
Investment and Interest Rate	[4]		11.52%
Spread and Interest Rate	[4]		6%
Fair Value (in Dollars)	[4]		$ 619
Percentage of Net Assets	[4]		0.30%
Total Investments [Member]
Principal /Par (in Dollars)	[1]	$ 262,361
Amortized Cost (in Dollars)	[1],[2],[3]	257,420
Fair Value (in Dollars)	[1]	$ 261,833
Percentage of Net Assets		96.10%
Total Investments [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 178,016
Amortized Cost (in Dollars)	[3],[4],[6]		174,235
Fair Value (in Dollars)	[4]		$ 177,526
Percentage of Net Assets	[4]		96.20%
Capital Markets [Member] | First lien senior secured delayed draw loan [Member] | Private Credit Investments [Member] | Atria Wealth Solutions, Inc. [Member]
Principal /Par (in Dollars)	[4]		$ 2,990
Maturity Date	[4]		May 31, 2024
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,981
Investment and Interest Rate	[4]		11.97%
Spread and Interest Rate	[4]		6.50%
Fair Value (in Dollars)	[4]		$ 2,990
Percentage of Net Assets	[4]		1.60%
Chemicals [Member] | Private Credit Investments [Member]
Principal /Par (in Dollars)	[4]		$ 4,225
Amortized Cost (in Dollars)	[3],[4],[6]		4,192
Fair Value (in Dollars)	[4]		$ 4,225
Percentage of Net Assets	[4]		2.30%
Chemicals [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Shrieve Chemical Company, LLC [Member]
Principal /Par (in Dollars)	[4]		$ 602
Maturity Date	[4]		Dec. 02, 2024
Amortized Cost (in Dollars)	[3],[4],[6]		$ 592
Investment and Interest Rate	[4]		11.82%
Spread and Interest Rate	[4]		6.38%
Fair Value (in Dollars)	[4]		$ 602
Percentage of Net Assets	[4]		0.30%
Chemicals [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | Shrieve Chemical Company, LLC [Member]
Principal /Par (in Dollars)	[4],[5]		$ 3,623
Maturity Date	[4]		Dec. 02, 2024
Amortized Cost (in Dollars)	[3],[4],[6]		$ 3,600
Investment and Interest Rate	[4]		11.82%
Spread and Interest Rate	[4]		6.38%
Fair Value (in Dollars)	[4]		$ 3,623
Percentage of Net Assets	[4]		2%
Software [Member] | First lien senior secured loan [Member] | Private Credit Investments [Member] | AIDC Intermediate Co 2, LLC (Peak Technologies) [Member]
Principal /Par (in Dollars)	[4]		$ 2,967
Maturity Date	[4]		Jul. 22, 2027
Amortized Cost (in Dollars)	[3],[4],[6]		$ 2,873
Investment and Interest Rate	[4]		11.80%
Spread and Interest Rate	[4]		6.25%
Fair Value (in Dollars)	[4]		$ 2,967
Percentage of Net Assets	[4]		1.60%
[1]As of December 31, 2024, all investments are Level 3 holdings. See Note 5- Fair Value. As of such date, all investments are also non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.[2] As of December 31, 2024, the tax cost of the Company’s investments approximates their amortized cost. Unless otherwise noted, all loans contain a variable rate structure, that may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the Secured Overnight Financing Rate (“SOFR”) (which can include one-(M), three-(Q) or six-month (S) SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate).

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments II - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Short-Term Investments [Member] | Morgan Stanley Institutional Liquidity Fund, Institutional Class [Member]
Short-Term Investments
Cost	[1]	$ 13,440
Number of Shares (in Shares)	[1]	13,439,729
Percentage of Net Assets	[1]	4.90%
Fair Value	[1]	$ 13,440
Short-Term Investments [Member] | First American Treasury Obligations Fund - Institutional Class Z [Member]
Short-Term Investments
Cost	[2]		$ 4,715
Number of Shares (in Shares)	[2]		4,715,161
Percentage of Net Assets	[2]		2.60%
Fair Value	[2]		$ 4,715
Total Short-Term Investments [Member]
Short-Term Investments
Cost		$ 13,440	$ 4,715
Number of Shares (in Shares)		13,439,729	4,715,161
Percentage of Net Assets		4.90%	2.60%
Fair Value		$ 13,440	$ 4,715
Investments [Member]
Short-Term Investments
Cost		$ 270,860
Percentage of Net Assets		101%
Fair Value		$ 275,273
Liabilities in Excess of Other Assets [Member]
Short-Term Investments
Percentage of Net Assets		(1.00%)
Fair Value		$ (2,800)
Net Assets [Member]
Short-Term Investments
Percentage of Net Assets		100%
Fair Value		$ 272,473
Investments [Member]
Short-Term Investments
Cost			$ 178,950
Percentage of Net Assets			98.80%
Fair Value			$ 182,241
Assets in Excess of Other Liabilities [Member]
Short-Term Investments
Percentage of Net Assets			1.20%
Fair Value			$ 2,310
Net Assets [Member]
Short-Term Investments
Percentage of Net Assets			100%
Fair Value			$ 184,551
[1] The indicated rate is the yield as of December 31, 2024. The indicated rate is the yield as of December 31, 2023.

Consolidated Schedule of Inve_3

Consolidated Schedule of Investments II (Parentheticals)	12 Months Ended
	Dec. 31, 2024		Dec. 31, 2023
Consolidated Schedule Of Investments Ii Abstract
Rate of yield	4.24%	[1]	5.21%	[2]
[1] The indicated rate is the yield as of December 31, 2024. The indicated rate is the yield as of December 31, 2023.

Organization

Organization	12 Months Ended
	Dec. 31, 2024
Organization [Abstract]
Organization	Note 1. Organization Organization Kayne DL 2021, Inc. (the “Company”) is an externally managed, 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”). In addition, for U.S. federal income tax purposes, the Company intends to qualify as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company is a Delaware corporation to make investments in middle-market companies and commenced operations on December 16, 2021. The Company is managed by KA Credit Advisors II, LLC (the “Advisor”), an indirect controlled subsidiary of Kayne Anderson Capital Advisors, L.P. (“Kayne Anderson”), a prominent alternative investment management firm. The Advisor operates within Kayne Anderson’s middle market private credit platform (“KAPC” or “Kayne Anderson Private Credit”). The Advisor is registered with the United States Securities and Exchange Commission (the “SEC”) under the Investment Advisory Act of 1940, as amended. Subject to the overall supervision of the Company’s board of directors (the “Board”), the Advisor is responsible for originating prospective investments, conducting research and due diligence investigations on potential investments, analyzing investment opportunities, negotiating and structuring investments, determining the value of the investments and monitoring its investments and portfolio companies on an ongoing basis. The Board consists of five directors, four of whom are independent (including the Board’s chairperson). The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through debt investments in middle-market companies. As of December 31, 2024, the Company has entered into subscription agreements with investors for an aggregate capital commitment of $353,535 to purchase shares of the Company’s common stock ($110,535 is undrawn). See Note 13 – Subsequent Events. The Company conducts private offerings of its Common Stock to investors in reliance on exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). At the closing of any private offering, each investor will make a capital commitment (a “Capital Commitment”) to purchase shares of its common stock pursuant to a subscription agreement entered into with the Company. Investors will be required to fund drawdowns to purchase shares of common stock up to the amount of their respective Capital Commitments each time the Company delivers a notice to the investors. The Company commenced its loan origination and investment activities on December 16, 2021 contemporaneously with the initial drawdown from investors in the private offering.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies A. Basis of Presentation B. Consolidation Accordingly, the Company consolidated the accounts of KDL Corp, LLC in its consolidated financial statements. KDL Corp, LLC is a Delaware LLC that has elected to be treated as a corporation for U.S. tax purposes and was formed to facilitate compliance with the requirements to be treated as a RIC under the Code by holding (directly or indirectly through a subsidiary) equity or equity related investments in portfolio companies organized as limited liability companies or limited partnerships. As of December 31, 2024, KDL Corp, LLC held no investments. C. Use of Estimates D. Cash and Cash Equivalents E. Investment Valuation, Fair Value Fair Value Measurement and Disclosures Pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors has designated the Advisor as the “valuation designee” to perform fair value determinations of the Company’s portfolio holdings, subject to oversight by and periodic reporting to the Board. The valuation designee performs fair valuation of the Company’s portfolio holdings in accordance with the Advisor’s Valuation Program, as approved by the Board. Traded Investments (Level 1 or Level 2) Investments for which market quotations are readily available will typically be valued at those market quotations. Traded investments such as corporate bonds, preferred stock, bank notes, broadly syndicated loans or loan participations are valued by using the bid price provided by an independent pricing service, by an independent broker, the agent bank, syndicate bank or principal market maker. When price quotes for investments are not available, or such prices are stale or do not represent fair value in the judgment of the Company’s Advisor, fair market value will be determined using the Advisor’s valuation process for investments that are privately issued or otherwise restricted as to resale. The Company may also invest, to a lesser extent, in equity securities purchased in conjunction with debt investments. While the Company anticipates these equity securities to be issued by privately held companies, the Company may hold equity securities that are publicly traded. Equity securities listed on any exchange other than the NASDAQ Stock Market, Inc. (“NASDAQ”) are valued, except as indicated below, at the last sale price on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the most recent bid and ask prices on such day. Securities admitted to trade on the NASDAQ are valued at the NASDAQ official closing price. Equity securities traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined at the close of the exchange representing the principal market for such securities. Equity securities traded in the over-the-counter market, but excluding securities admitted to trading on the NASDAQ, are valued at the closing bid prices. Non-Traded Investments (Level 3) Investments that are privately issued or otherwise restricted as to resale, as well as any security for which (a) reliable market quotations are not available in the judgment of the Company’s Advisor, or (b) the independent pricing service or independent broker does not provide prices or provides a price that in the judgment of the Company’s Advisor is stale or does not represent fair value, shall each be valued in a manner that most fairly reflects fair value of the security on the valuation date. The Company expects that a significant majority of its investments will be Level 3 investments. Unless otherwise determined by the Advisor, the following valuation process is used for the Company’s Level 3 investments: ● Valuation Designee ● Valuation Firm ● Oversight Determination of fair value involves subjective judgments and estimates. Accordingly, the notes to the Company’s financial statements express the uncertainty with respect to the possible effect of such valuations, and any change in such valuations, on the Company’s financial statements. F. Interest Income Recognition Loans are generally placed on non-accrual status when it has been determined that a significant impairment in the financial condition and ability of the borrower to repay principal and interest has occurred and is expected to continue such that it is probable the collectability of full amount of the loan (principal and interest) is doubtful. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. If cash payments are received subsequent to a loan being placed on non-accrual status, these payments will first be applied to previously accrued but uncollected interest, then to recover the principal. Additionally, any original issue discount and market discount are no longer accreted to interest income as of the date the loan is placed on non-accrual status. Non-accrual loans are restored to accrual status when past due principal and interest are paid or there is no longer a reasonable doubt that such principal or interest will be collected in full and, in the Company’s judgment, principal and interest are likely to remain current. The Company may make exceptions to this policy if the loan has sufficient collateral value (i.e., typically measured as enterprise value of the portfolio company) or is in the process of collection. As of December 31, 2024 and December 31, 2023, the Company did not have any investments in portfolio companies on non-accrual status. G. Debt Issuance Costs H. Dividends to Common Stockholders I. Income Taxes The Company must pay distributions equal to 90% of its investment company taxable income (ordinary income and short-term capital gains) to qualify as a RIC and it must distribute all of its taxable income (ordinary income, short-term capital gains and long-term capital gains) to avoid federal income taxes. The Company will be subject to federal income tax on any undistributed portion of income. For purposes of the distribution test, the Company may elect to treat as paid on the last day of its taxable year all or part of any distributions that are declared after the end of its taxable year if such distributions are declared before the due date of its tax return, including any extensions. All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax. A distribution will be treated as paid during the calendar year if it is paid during the calendar year or declared by the Company in October, November or December of such year, payable to stockholders of record on a date during such months and paid by the Company no later than January of the following year. Any such distributions paid during January of the following year will be deemed to be received by stockholders on December 31 of the year the distributions are declared, rather than when the distributions are actually received. The Company evaluates tax positions taken or expected to be taken in the course of preparing its financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. J. Commitments and Contingencies K. Recent Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures

Agreements and Related Party Tr

Agreements and Related Party Transactions	12 Months Ended
	Dec. 31, 2024
Agreements and Related Party Transactions [Abstract]
Agreements and Related Party Transactions	Note 3. Agreements and Related Party Transactions A. Administration Agreement The Company reimburses the Administrator for its costs and expenses incurred in performing its obligations under the Administration Agreement. As the Company reimburses the Administrator for its expenses, those costs will be ultimately borne by stockholders. The Administration Agreement may be terminated by either party with 60 days’ written notice. B. Investment Advisory Agreement Management Fee The management fee is calculated at an annual rate of 0.75% of the fair market value of the Company’s investments including, in each case, assets purchased with borrowings under credit facilities, but excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase. The management fee is payable quarterly in arrears and calculated based on the average of the Company’s fair market value of investments, at the end of the two most recently completed calendar quarters, including, in each case, assets purchased with borrowings under credit facilities, but excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase. Management fees for any partial quarter are appropriately pro-rated. For the years ended December 31, 2024, 2023 and 2022, the Company incurred management fees of $1,673, $1,051 and $337, respectively. C. Other

Investments

Investments	12 Months Ended
	Dec. 31, 2024
Investments [Abstract]
Investments	Note 4. Investments The following table presents the composition of the Company’s investment portfolio at amortized cost and fair value as of December 31, 2024 and 2023. December 31, 2024 December 31, 2023 Amortized Fair Amortized Fair Cost Value Cost Value First-lien senior secured debt investments $ 257,420 $ 261,833 $ 174,235 $ 177,526 Short-term investments 13,440 13,440 4,715 4,715 Total Investments $ 270,860 $ 275,273 $ 178,950 $ 182,241 As of December 31, 2024 and December 31, 2023, $12,053 and $4,600, respectively, of the Company’s total assets were non-qualifying assets as defined by Section 55(a) of the 1940 Act. The Company uses Global Industry Classification Standards (GICS), Level 3 – Industry, for classifying the industry groupings of its portfolio companies. The industry composition of long-term investments based on fair value as of December 31, 2024 and 2023 was as follows: December 31, 2024 December 31, 2023 Trading companies & distributors 20.9 % 21.4 % Commercial services & supplies 13.1 % 7.1 % Health care providers & services 12.3 % 9.5 % Food products 12.2 % 13.1 % Containers & packaging 7.2 % 9.0 % Aerospace & defense 6.0 % 6.1 % Leisure products 4.2 % 3.5 % Professional services 4.1 % 4.9 % Automobile components 3.9 % 1.5 % Personal care products 3.0 % - % Machinery 2.8 % 1.7 % Building products 2.0 % 0.9 % IT services 1.8 % 5.4 % Biotechnology 1.7 % 2.3 % Wireless telecommunication services 1.3 % 1.9 % Textiles, apparel & luxury goods 1.0 % 1.5 % Diversified telecommunication services 1.0 % 2.1 % Insurance 0.9 % 1.4 % Health care equipment & supplies 0.6 % 0.9 % Chemicals - % 2.4 % Software - % 1.7 % Capital markets - % 1.7 % 100.0 % 100.0 %

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2024
Fair Value [Abstract]
Fair Value	Note 5. Fair Value The Fair Value Measurement Topic of the FASB Accounting Standards Codification (ASC 820) defines fair value as the price at which an orderly transaction to sell an asset or to transfer a liability would take place between market participants under current market conditions at the measurement date. As required by ASC 820, the Company has performed an analysis of all investments measured at fair value to determine the significance and character of all inputs to their fair value determination. Inputs are the assumptions, along with considerations of risk, that a market participant would use to value an asset or a liability. In general, observable inputs are based on market data that is readily available, regularly distributed and verifiable that the Company obtains from independent, third-party sources. Unobservable inputs are developed by the Company based on its own assumptions of how market participants would value an asset or a liability. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into the following three broad categories. Level 1 — Valuations based on quoted unadjusted prices for identical instruments in active markets traded on a national exchange to which the Company has access at the date of measurement. Level 2 — Valuations based on quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 2 inputs are those in markets for which there are few transactions, the prices are not current, little public information exists or instances where prices vary substantially over time or among brokered market makers. Level 3 — Model derived valuations in which one or more significant inputs or significant value drivers are unobservable. Unobservable inputs are those inputs that reflect the Company’s own assumptions that market participants would use to price the asset or liability based on the best available information. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the determination of which category within the fair value hierarchy is appropriate for any given financial instrument is based on the lowest level of input that is significant to the fair value measurement. Assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument. The following tables present the fair value hierarchy of investments as of December 31, 2024 and 2023. Note that the valuation levels below are not necessarily an indication of the risk or liquidity associated with the underlying investment. Fair Value Hierarchy as of December 31, 2024 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 261,833 $ 261,833 Short-term investments 13,440 - - 13,440 Total Investments $ 13,440 $ - $ 261,833 $ 275,273 Fair Value Hierarchy as of December 31, 2023 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 177,526 $ 177,526 Short-term investments 4,715 - - 4,715 Total Investments $ 4,715 $ - $ 177,526 $ 182,241 The following tables present changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the years ended December 31, 2024 and 2023. First-lien senior secured For the year ended December 31, 2024 debt investments Fair value, beginning of period $ 177,526 Purchases of investments, including PIK, if any 121,652 Proceeds from sales of investments and principal repayments (40,135 ) Net change in unrealized gain (loss) 1,123 Net realized gain (loss) - Net accretion of discount on investments 1,667 Transfers into (out of) Level 3 - Fair value, end of period $ 261,833 First-lien senior secured For the year ended December 31, 2023 debt investments Fair value, beginning of period $ 107,312 Purchases of investments, including PIK, if any 88,027 Proceeds from sales of investments and principal repayments (19,947 ) Net change in unrealized gain (loss) 1,061 Net realized gain (loss) - Net accretion of discount on investments 1,073 Transfers into (out of) Level 3 - Fair value, end of period $ 177,526 For the years ended December 31, 2024 and 2023, the Company did not recognize any transfers to or from Level 3. The increase in unrealized gain (loss) relates to investments that were held during the period. The Company includes these unrealized gains and losses on the Statement of Operations – Net Change in Unrealized Gains (Losses). Valuation Techniques and Unobservable Inputs Non-traded debt investments are typically valued using either a market yield analysis or an enterprise value analysis. For debt investments that are not considered to be credit impaired, the Advisor uses a market yield analysis to determine fair value. If the debt investment is considered to be credit impaired (which is determined by performing an enterprise value analysis), the Advisor will use the enterprise value analysis or a liquidation basis analysis to determine fair value. To determine fair value using a market yield analysis, the Advisor discounts the contractual cash flows of each investment at an appropriate discount rate (the market yield). To determine the estimated market yield for its debt investments, the Advisor analyzes changes in the risk/reward (measured by yields and leverage) of middle market indices as compared to changes in risk/reward for the underlying investment and estimates the appropriate discount rate for such debt investment. In this context, the discount rate and fair market value of the investment is impacted by the structure and pricing of the security relative to current market yields for similar investments in similar businesses as well as the financial performance of such business. In performing this analysis, the Advisor considers data sources including, but not limited to: (i) industry publications, such as S&P Global’s High-End Middle Market Lending Review; Thomson Reuter’s Refinitiv Middle Market Monthly Stats; CapitalIQ; Pitchbook News; The Lead Left, and other data sources; (ii) comparable investments reviewed or completed by affiliates of the Advisor, and (iii) information obtained and provided by the Advisor’s independent valuation managers. To determine if a debt investment is credit impaired, the Advisor estimates the enterprise value of the business and compares such estimate to the outstanding indebtedness of such business. The Advisor utilizes the following valuation methodologies to determine the estimated enterprise value of the company: (i) analysis of valuations of publicly traded companies in a similar line of business (“public company comparable analysis”), (ii) analysis of valuations of M&A transaction valuations for companies in a similar line of business (“precedent transaction analysis”), (iii) discounted cash flows (“DCF analysis”) and (iv) other valuation methodologies. In determining the non-traded debt investment valuations, the following factors are considered, where relevant: the nature and realizable value of any collateral; the company’s ability to make interest payments, amortization payments (if any) and other fixed charges; call features, put features and other relevant terms of the debt security; the company’s historical and projected financial results; the markets in which the company does business; changes in the interest rate environment and the credit markets generally that may affect the price at which similar investments may be valued; and other relevant factors. Equity investments in private companies are typically valued using one of or a combination of the following valuation techniques: (i) public company comparable analysis, (ii) precedent transaction analysis and (iii) DCF analysis. Under all of these valuation techniques, the Advisor estimates operating results of the companies in which it invests, including earnings before interest expense, income tax expense, depreciation and amortization (“EBITDA”) and free cash flow. These estimates utilize unobservable inputs such as historical operating results, which may be unaudited, and projected operating results, which will be based on operating assumptions for such company. Investment performance data utilized will be the most recently available as of the measurement date which in many cases may reflect up to a one quarter lag in information. These estimates will be sensitive to changes in assumptions specific to such company as well as general assumptions for the industry. Other unobservable inputs utilized in the valuation techniques outlined above include: discounts for lack of marketability, selection of publicly traded companies, selection of similar precedent transactions, selected ranges for valuation multiples and expected required rates of return (discount rates). Quantitative Table for Valuation Techniques The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of December 31, 2024 and December 31, 2023. The tables are not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Advisor’s determination of fair value. The Company calculates weighted average, based on the value of the unobservable input of each investment relative to the fair value of the investment compared to the total fair value of all investments. As of December 31, 2024 Valuation Unobservable Weighted Fair Value Technique Input Range Average First-lien senior secured debt investments $ 261,833 Discounted cash flow analysis Discount rate 8.4% - 15.0% 9.8 % As of December 31, 2023 Valuation Unobservable Weighted Fair Value Technique Input Range Average First-lien senior secured debt investments $ 177,526 Discounted cash flow analysis Discount rate 8.5% - 15.0% 9.8 %

Debt

Debt	12 Months Ended
	Dec. 31, 2024
Debt [Abstract]
Debt	Note 6. Debt As of December 31, 2024, the Company has a senior secured revolving credit facility (the “Subscription Credit Facility”), that has a total commitment of $25,000 and a maturity date of February 21, 2025. The Subscription Credit Facility permits the Company to borrow up to $25,000, subject to availability under the borrowing base which is calculated based on the unused capital commitments of the investors meeting various eligibility requirements. As of December 31, 2024, the interest rate on the Subscription Credit Facility is equal to SOFR plus an applicable spread of 2.25% with no floor. The Company is also required to pay a commitment fee of 0.25% per annum on any unused portion of the Subscription Credit Facility. See Note 13 – Subsequent Events. Debt obligations consisted of the following as of December 31, 2024 and 2023. December 31, 2024 Aggregate Principal Committed Outstanding Principal Amount Available (1) Subscription Credit Facility $ 25,000 $ - $ 25,000 Total debt $ 25,000 $ - $ 25,000 December 31, 2023 Aggregate Outstanding Amount (1) Subscription Credit Facility $ 25,000 $ - $ 25,000 Total debt $ 25,000 $ - $ 25,000 (1) The amounts available under the Company’s credit facility reflect any limitations related to the Subscription Credit Facility’s borrowing base as of December 31, 2024 and 2023, respectively. For the years ended December 31, 2024 and 2023, the weighted average interest rate of borrowings outstanding was 7.43% and 6.71%, respectively. As of December 31, 2024 and 2023, the Company did not have any amounts outstanding under the Subscription Credit Facility The Company does not routinely use leverage, and there are many days when there are no borrowings outstanding under its Subscription Credit Facility.

Share Transactions

Share Transactions	12 Months Ended
	Dec. 31, 2024
Share Transactions [Abstract]
Share Transactions	Note 7. Share Transactions Common Stock Issuances The following tables summarize the number of common stock shares issued and aggregate proceeds received from such issuances related to the Company’s capital call notices pursuant to subscription agreements with investors for the years ended December 31, 2024, 2023 and 2022. See Note 13 – Subsequent Events. For the year ended December 31, 2024 Offering Aggregate price per Common stock offering Common stock issue date share shares issued amount February 15, 2024 $ 5,308 4,710 $ 25,000 July 3, 2024 $ 5,269 4,745 25,000 October 23, 2024 $ 5,259 4,754 25,000 Total common stock issued 14,209 $ 75,000 For the year ended December 31, 2023 Offering Aggregate price per Common stock offering Common stock issue date share shares issued amount February 28, 2023 $ 5,236 4,775 $ 25,000 August 10, 2023 $ 5,237 4,774 25,000 December 19, 2023 $ 5,328 2,815 15,000 Total common stock issued 12,364 $ 65,000 For the year ended December 31, 2022 Offering Aggregate price per Common stock offering Common stock issue date share shares issued amount June 29, 2022 $ 5,011 1,996 $ 10,000 October 14, 2022 $ 5,068 4,933 25,000 December 9, 2022 $ 5,205 4,803 25,000 Total common stock issued 11,732 $ 60,000 As of December 31, 2024, the Company had subscription agreements with investors for an aggregate capital commitment of $353,535 to purchase shares of common stock. Of this amount, the Company had $110,535 of undrawn commitments at December 31, 2024. See Note 13 – Subsequent Events. Dividends and Dividend Reinvestment The following tables summarize the dividends declared and payable by the Company for the years ended December 31, 2024, 2023 and 2022. See Note 13 - Subsequent Events. For the year ended December 31, 2024 Dividend Dividend declaration date Dividend record date Dividend payment date per share March 6, 2024 March 29, 2024 April 17, 2024 $ 136.00 May 8, 2024 June 28, 2024 July 15, 2024 137.00 August 7, 2024 September 30, 2024 October 15, 2024 165.00 November 6, 2024 December 31, 2024 January 15, 2025 139.00 Total dividends declared $ 577.00 For the year ended December 31, 2023 Dividend Dividend declaration date Dividend record date Dividend payment date per share March 7, 2023 March 31, 2023 April 14, 2023 $ 115.00 May 10, 2023 June 30, 2023 July 14, 2023 136.00 August 10, 2023 September 29, 2023 October 13, 2023 131.00 November 9, 2023 December 29, 2023 January 16, 2024 132.00 $ 514.00 For the year ended December 31, 2022 Dividend Dividend declaration date Dividend record date Dividend payment date per share April 19, 2022 April 20, 2022 July 27, 2022 $ 6.80 July 19, 2022 July 20, 2022 July 27, 2022 29.00 October 18, 2022 October 13, 2022 October 25, 2022 72.00 December 16, 2022 December 29, 2022 January 13, 2023 86.00 $ 193.80 The following tables summarize the amounts received and shares of common stock issued to shareholders pursuant to the Company’s dividend reinvestment plan (“DRIP”) for the years ended December 31, 2024, 2023 and 2022. See Note 13 – Subsequent Events. For the year ended December 31, 2024 Dividend record date Dividend DRIP DRIP December 29, 2023 January 16, 2024 883 $ 4,616 March 29, 2024 April 17, 2024 1,047 5,509 June 28, 2024 July 15, 2024 162 854 September 30, 2024 October 15, 2024 218 1,149 2,310 $ 12,128 For the dividend declared on November 6, 2024 and paid on January 15, 2025, there were 203 shares issued with a DRIP value of $1,070. These shares are excluded from the table above, as the DRIP shares were issued after December 31, 2024. For the year ended December 31, 2023 Dividend DRIP payment shares DRIP Dividend record date date issued value December 29, 2022 January 13, 2023 340 $ 1,750 March 31, 2023 April 14, 2023 564 2,923 June 30, 2023 July 14, 2023 681 3,533 September 29, 2023 October 13, 2023 791 4,112 2,376 $ 12,318 For the dividend declared on November 9, 2023 and paid on January 16, 2024, there were 883 shares issued with a DRIP value of $4,616. These shares are excluded from the table above, as the DRIP shares were issued after December 31, 2023. For the year ended December 31, 2022 Dividend DRIP payment shares DRIP Dividend record date date issued value April 20, 2022 July 27, 2022 12 $ 58 July 20, 2022 July 27, 2022 60 304 October 13, 2022 October 25, 2022 150 761 222 $ 1,123 For the dividend declared on December 16, 2022 and paid on January 13, 2023, there were 340 shares issued with a DRIP value of $1,750. These shares are excluded from the table above, as the DRIP shares were issued after December 31, 2022.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 8. Commitments and Contingencies The Company had an aggregate of $31,808 and $24,067, respectively, of unfunded commitments to provide debt financing to its portfolio companies as of December 31, 2024 and December 31, 2023. Such commitments are generally subject to the satisfaction of certain financial and nonfinancial covenants and certain operational metrics. The commitment period for these amounts may be shorter than the maturity date if drawn or funded. These commitments are not reflected in the Company’s consolidated statements of assets and liabilities. Consequently, such commitments result in an element of credit risk in excess of the amount recognized in the Company’s consolidated statements of assets and liabilities. A summary of the composition of the unfunded commitments as of December 31, 2024 and 2023 is shown in the table below. As of As of December 31, 2024 December 31, 2023 Alcami Corporation (Alcami) $ 507 $ 891 Allcat Claims Service, LLC 1,829 460 Allentown, LLC 197 233 American Equipment Holdings LLC 338 - American Soccer Company, Incorporated (SCORE) 223 223 MRC Keystone Acquisition LLC (Automated Handing Solutions) 785 - Basel U.S. Acquisition Co., Inc. (IAC) 613 399 BCI Burke Holding Corp. - 618 OAO Acquisitions, Inc. (BearCom) 515 1,449 Bloomington Holdco, LLC (BW Fusion) 1,193 - BLP Buyer, Inc. (Bishop Lifting Products) 544 1,238 BR PJK Produce, LLC (Keany) - 482 Carton Packaging Buyer, Inc. 639 639 CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) 1,857 - CGI Automated Manufacturing, LLC 132 141 City Line Distributors, LLC 533 1,121 DISA Holdings Corp. (DISA) 534 940 Diverzify Intermediate, LLC 811 - EIS Legacy, LLC - 1,659 Energy Acquisition LP (Electrical Components International, Inc. - ECI) 281 - Envirotech Services, LLC 1,181 - Fastener Distribution Holdings, LLC 1,418 - FCA, LLC (FCA Packaging) - 288 Guardian Dentistry Partners 77 - Guided Practice Solutions: Dental, LLC (GPS) - 2,361 Gulf Pacific Holdings, LLC 154 870 IF&P Foods, LLC (FreshEdge) 431 237 Improving Acquisition LLC 327 328 Krayden Holdings, Inc. 1,812 1,812 Superior Intermediate LLC (Landmark Structures) 1,885 - Light Wave Dental Management LLC 792 227 LSL Industries, LLC (LSL Healthcare) 448 1,305 MacNeill Pride Group 260 1,184 ML Buyer, LLC (Mama Lycha Foods, LLC) 879 - NMA Holdings, LLC (Neuromonitoring Associates) 1,440 - Phoenix YW Buyer, Inc. (Elida Beauty) 444 - Pixel Intermediate, LLC 290 - Redwood MSO, LLC 597 - Refocus Management Services, LLC 1,227 - The Robinette Company 1,079 - Ruff Roofers Buyer, LLC 1,608 2,471 SGA Dental Partners Holdings, LLC - 1,121 Siegel Egg Co., LLC 80 85 Speedstar Holding LLC 111 - Tapco Buyer LLC 1,869 - US Anchors Group, Inc. (Mechanical Plastics Corp.) 579 - Vehicle Accessories, Inc. 150 - Workholding US Holdings, LLC (Forkardt Hardinge) 716 - Worldwide Produce Acquisition, LLC 423 1,285 Total unfunded commitments $ 31,808 $ 24,067 From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. As of December 31, 2024 and 2023, management was not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Note 9. Earnings Per Share In accordance with the provisions of ASC Topic 260, Earnings per Share The following table sets forth the computation of basic and diluted earnings per share of common stock for the years ended December 31, 2024, 2023 and 2022. For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Net increase (decrease) in net assets resulting from operations $ 27,030 $ 16,654 $ 4,807 Weighted average shares of common stock outstanding - basic and diluted 44,402 27,779 11,046 Earnings (loss) per share of common stock - basic and diluted $ 609 $ 600 $ 435

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2024
Income Taxes [Abstract]
Income Taxes	Note 10. Income Taxes The Company has elected to be treated as a RIC under the Code beginning with the taxable year end December 31, 2021. As a RIC, the Company is not subject to a federal excise tax based on distributive requirements of its taxable income on a calendar year basis. Depending on the level of taxable income earned in a tax year, the Company may choose to carry forward taxable income in excess of current year distributions into the next tax year and pay a 4% excise tax on such income, to the extent required. The Company makes certain adjustments to the classification of net assets as a result of permanent book-to-tax differences, which include differences in the book and tax basis of certain assets and liabilities, and nondeductible federal taxes or losses among other items. To the extent these differences are permanent, they are charged or credited to additional paid in capital, or total distributable earnings (losses), as appropriate. The permanent differences for tax purposes from distributable earnings to additional paid in capital were reclassified for tax purposes for the tax years ended December 31, 2024, 2023 and 2022. These reclassifications have no impact on net assets. For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Increase (decrease) in distributable earnings $ - $ 14 $ 137 Increase (decrease) in additional paid-in capital $ - $ (14 ) $ (137 ) Taxable income generally differs from the net increase in net assets resulting from operations for financial reporting purposes due to (1) unrealized appreciation (depreciation) on investments, as gains and losses are generally not included in taxable income until these are realized; (2) income or loss recognition on exited investments; (3) non-deductible U.S. federal excise taxes; and (4) other non-deductible expense. The following reconciles net increase in net assets resulting from operations to taxable income for the years ended December 31, 2024, 2023 and 2022: For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Net increase (decrease) in net assets resulting from operations $ 27,030 $ 16,654 $ 4,807 Net change in unrealized losses (gains) from investments (1,123 ) (1,061 ) (1,968 ) Non-deductible expenses, including excise taxes, offering costs disallowed - 14 137 Other book tax differences (13 ) (13 ) (14 ) Taxable income before deductions for distributions $ 25,894 $ 15,594 $ 2,962 For income tax purposes, distributions made to stockholders are reported as ordinary income, capital gains, non-taxable return of capital, or a combination thereof. For the year ended December 31, 2023, the Company incurred $14 of U.S. federal excise tax. There was no The final determination of tax character will not be made until the Company files its tax return for each tax year and the tax characteristics of all distributions will be reported to stockholders on Form 1099 after the end of each calendar year. The tax character of distributions paid to stockholders during the tax years ended December 31, 2024, 2023 and 2022 were as follows. For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Ordinary income $ 26,236 $ 15,329 $ 2,901 Capital gains - - - Return of capital - - - Total $ 26,236 $ 15,329 $ 2,901 For the years ended December 31, 2024, 2023 and 2022, the components of accumulated earnings on a tax basis were as follows: For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Undistributed net investment income (loss) $ - $ 325 $ 60 Undistributed capital gains - - - Capital loss carryforward - - - Other accumulated gain (loss) - - - Other temporary book / tax differences (183 ) (180 ) (192 ) Net unrealized appreciation (depreciation) 4,413 3,291 2,229 Total $ 4,230 $ 3,436 $ 2,097 Capital losses can be carried forward indefinitely to offset future capital gains. As of December 31, 2024, 2023 and 2022, the Company had no capital loss carryforwards. As of December 31, 2024, 2023 and 2022, the Company’s aggregate unrealized appreciation and depreciation on investments based on cost for U.S. federal income tax purposes was as follows: For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Tax cost $ 270,860 $ 178,950 $ 105,083 Gross unrealized appreciation 5,169 3,664 2,289 Gross unrealized depreciation (756 ) (373 ) (60 ) Net unrealized appreciation/(depreciation) on investments $ 4,413 $ 3,291 $ 2,229 KDL Corp, LLC is a wholly owned subsidiary that was formed in December 2021. This is a Delaware LLC that has elected to be treated as a corporation for U.S. tax purposes. As such, KDL Corp, LLC is subject to U.S. Federal, state and local taxes. For the Company’s tax years ended December 31, 2024, 2023 and 2022, KDL Corp, LLC did not have activity resulting in any provision for income taxes. FASB ASC Topic 740, Accounting for Uncertainty in Income Taxes

Financial Highlights

Financial Highlights	12 Months Ended
	Dec. 31, 2024
Financial Highlights Disclosure [Abstract]
Financial Highlights	Note 11. Financial Highlights The following per share of common stock data has been derived from information provided in the audited financial statements. The following is a schedule of financial highlights for the years ended December 31, 2024, 2023, 2022 and 2021. For the years ended December 31, (amounts in thousands, except share and per share amounts) 2024 2023 2022 2021 Per Common Share Operating Performance (1) Net Asset Value, Beginning of Period (2) $ 5,229 $ 5,153 $ 4,986 $ 4,976 Results of Operations: Net Investment Income (loss) 583 561 257 (58 ) Net Realized and Unrealized Gain (Loss) on investments (3) 24 29 104 68 Net Increase (Decrease) in Net Assets Resulting from Operations 607 590 361 10 Dividends to Common Stockholders Dividends from Net Investment Income (577 ) (514 ) (194 ) - Net Decrease in Net Assets Resulting from Dividends (577 ) (514 ) (194 ) - Net Asset Value, End of Period $ 5,259 $ 5,229 $ 5,153 $ 4,986 Shares Outstanding, End of Period 51,812 35,293 20,554 8,600 Ratio/Supplemental Data Net assets, end of period $ 272,473 $ 184,551 $ 105,908 $ 42,879 Weighted-average shares outstanding 44,402 27,779 11,046 6,600 Total Return (4) 12.1 % 11.9 % 7.3 % (0.3 %) Portfolio turnover 18.1 % 14.2 % 4.9 % 0.1 % Ratio of operating expenses to average net assets (5) 1.2 % 1.5 % 2.5 % N/M Ratio of net investment income (loss) to average net assets (5) 11.4 % 10.8 % 4.7 % N/M (1) The per common share data was derived by using weighted average shares outstanding. (2) For the year ended December 31, 2021, the initial offering price of $5,000 per share less $24 of organizational costs. (3) Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Consolidated Statement of Operations due to share transactions during the period. (4) Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share. The calculation also assumes reinvestment of dividends at actual prices pursuant to the Company’s dividend reinvestment plan. Total return is not annualized. (5) For the year ended December 31, 2021, not meaningful (N/M). The calculations of the ratio of operating expenses to average net assets and ratio of net investment income (loss) to average net assets are not meaningful, as the Company commenced investment operations on December 16, 2021 and therefore had 16 days of activity during 2021. The expenses of the Company consist primarily of non-recurring organizational expense and annual tax preparation and audit expense.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Reporting	Note 12. Segment Reporting The Company operates through a single operating and reporting segment with an investment objective to generate both current income and capital appreciation through debt and equity investments. The CODM is comprised of the Company’s co-chief executive officers and these CODMs assess the performance and make operating decisions of the Company on a consolidated basis primarily based on the Company’s net increase in stockholders’ equity resulting from operations (“net income”). In addition to numerous other factors and metrics, the CODMs utilize net income as a key metric in determining the amount of dividends to be distributed to the Company’s stockholders. As the Company’s operations comprise of a single reporting segment, the segment assets are reflected on the accompanying consolidated balance sheet as “total assets” and the significant segment expenses are listed on the accompanying consolidated statement of operations.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 13. Subsequent Events The Company’s management has evaluated subsequent events through the date of issuance of the financial statements included herein. There have been no subsequent events that require recognition or disclosure in these financial statements except as described below. On January 15, 2025, the Company paid a dividend of $139 per share to each common stockholder of record as of December 31, 2024. The total distribution was $7,202 and $1,070 was reinvested into the Company through the issuance of 203 shares of common stock. On February 13, 2025, the Company sold 4,754 shares of its common stock for a total aggregate offering price of $25,000. The Company has existing subscription agreements with investors for an aggregate capital commitment of $353,535 to purchase shares of common stock ($85,535 is undrawn following this share issuance). On February 19, 2025, the Board of Directors of the Company declared a dividend to common stockholders in the amount of $132 per share. The dividend of $132 per share will be paid on April 15, 2025 to stockholders of record as of the close of business on March 31, 2025, payable in cash or shares of common stock of the Company pursuant to the Company’s Dividend Reinvestment Plan, as amended. On February 21, 2025, the Company renewed Subscription Credit Facility for a one-year term maturing on February 20, 2026.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 27,030	$ 16,654	$ 4,807

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

N-2

N-2 - $ / shares		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	[2]	Dec. 31, 2022	[2]	Dec. 31, 2021	[2]	Dec. 31, 2020	[2]
Cover [Abstract]
Entity Central Index Key		0001850787
Amendment Flag		false
Securities Act File Number		814-01393
Document Type		10-K
Entity Registrant Name		Kayne DL 2021, Inc.
Entity Address, Address Line One		717 Texas Avenue
Entity Address, Address Line Two		Suite 2200
Entity Address, City or Town		Houston
Entity Address, State or Province		TX
Entity Address, Postal Zip Code		77002
City Area Code		(713)
Local Phone Number		493-2020
Entity Well-known Seasoned Issuer		No
Entity Emerging Growth Company		true
Entity Ex Transition Period		false
General Description of Registrant [Abstract]
Investment Objectives and Practices [Text Block]		Investment Objective, Principal Strategy and Investment Structures Our investment objective is to generate current income and, to a lesser extent, capital appreciation. We intend to have nearly all of our debt investments in private middle market companies. We use “private” to refer to companies that are not traded on a securities exchange and define “middle market companies” as companies that, in general, generate between $10 million and $150 million of annual earnings before interest, taxes, depreciation and amortization, or EBITDA. Further, we refer to companies that generate between $10 million and $50 million of annual EBITDA as “core middle market companies” and companies that generate between $50 million and $150 million of annual EBITDA as “upper middle market companies.” We typically adjust EBITDA for non-recurring and/or normalizing items to assess the financial performance of our borrowers over time. We intend to achieve our investment objective by investing primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Under normal market conditions, we expect at least 90% of our portfolio (including investments purchased with proceeds from borrowings under credit facilities) to be invested in first lien senior secured, unitranche and split-lien loans. Our investment decisions are made on a case-by-case basis. We expect that a majority of these debt investments will be made in core middle market companies and will generally have stated maturities of three to six years. We expect that the loans in which we principally invest will be to companies that are located in the United States. We determine the location of a company as being in the United States by (i) such company being organized under the laws of one of the states in the United States; or (ii) during its most recent fiscal year, such company derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in the United States or has at least 50% of its assets in the United States. The Advisor executes on our investment objective by (1) accessing the established loan sourcing channels developed by Kayne Anderson’s middle market private credit platform (“KAPC” or “Kayne Anderson Private Credit”), which includes an extensive network of private equity firms, other middle market lenders, financial advisors, intermediaries and management teams, (2) selecting investments within our middle market company focus, (3) implementing KAPC’s underwriting process and (4) drawing upon its experience and resources and the broader Kayne Anderson network. KAPC was established in 2011 and manages (directly and through affiliates) assets under management (“AUM”) of approximately $7.1 billion related to middle market private credit as of December 31, 2024. See “ Risk Factors—Risks Relating to Our Business and Structure—We depend upon our Advisor and Administrator for our success and upon their access to the investment professionals and partners of Kayne Anderson and its affiliates. Any inability of the Advisor or the Administrator to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business,” and “––Risks Relating to Our Investments – Limitations of investment due diligence expose us to investment risk.”
Risk Factors [Table Text Block]		Item 1A. Risk Factors Investing in our shares of common stock involves a number of significant risks. Before you invest in our shares of common stock, you should be aware of various risks, including those described below. The risks set out below are not the only risks we face. Additional risks and uncertainties not presently known to us or not presently deemed material by us may also impair our business, operations and performance. If any of the following events occur, our business, financial condition, results of operations and cash flows could be materially and adversely affected. In such case, our NAV could decline, and you may lose all or part of your investment. The risk factors described below are the principal risk factors associated with an investment in us as well as those factors generally associated with an investment company with investment objectives, investment policies, capital structure or trading markets similar to ours. Summary of Principal Risk Factors Investing in our shares of common stock involves a number of significant risks. You should carefully consider information found in the section entitled “Risk Factors” and elsewhere in this annual report on Form 10-K. Some of the risks involved in investing in our shares of common stock include: Principal Risks Relating to Our Business and Structure ● We have a limited operating history and our Advisor and its affiliates have limited experience advising BDCs and ● We use leverage pursuant to borrowings under credit facilities to finance our investments and changes in interest rates will affect our cost of capital and net investment income. ● We depend upon our Advisor and Administrator for our success and upon their access to the investment professionals and partners of Kayne Anderson and its affiliates. Any inability of the Advisor or the Administrator to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business. ● Our financial condition, results of operations and cash flows depend on our ability to manage our business and future growth effectively. ● There are significant potential conflicts of interest that could affect our investment returns, including conflicts related to obligations the Advisor’s investment committee, the Advisor or its affiliates have to other clients and conflicts related to fees and expenses of such other clients. ● We generally may make investments that could give rise to a conflict of interest and our ability to enter into transactions with our affiliates will be restricted. ● We operate in a highly competitive market for investment opportunities, which could reduce returns and result in losses. ● We will be subject to corporate-level income tax if we are unable to continue to qualify as a RIC. ● We finance our investments with borrowings under credit facilities, which will magnify the potential for gain or loss on amounts invested and may increase the risk of investing in us. ● Adverse developments in the credit markets may impair our ability to enter into new credit facilities. ● The majority of our portfolio investments are recorded at fair value as determined in good faith by our Advisor and, as a result, there may be uncertainty as to the value of our portfolio investments. ● Our Board may change our investment objective, operating policies and strategies without prior notice or stockholder approval, and we may temporarily deviate from our regular investment strategy. ● Efforts to comply with the Exchange Act and the Sarbanes-Oxley Act will involve significant expenditures, and non-compliance would adversely affect us and the value of our shares of common stock. ● We are highly dependent on information systems, and cybersecurity risks and cyber incidents may adversely affect or the business of our portfolio companies Principal Risks Relating to Our Investments ● We are subject to risks associated with the current interest rate environment, and rising interest rates could affect the value of our investments and make it more difficult for portfolio companies to make periodic payments on their loans. ● Our business is dependent on bank relationships and recent strain on the banking system may adversely impact us. ● We invest in highly leveraged companies, which could cause us to lose all or a part of our investment in those companies. ● We are subject to risks associated with our investments in unitranche secured loans and securities, including the potential loss of all or part of such investments. ● Our investments in securities that are rated below investment grade (i.e. “junk bonds”) may be risky and we could lose all or part of our investments. ● Defaults by our portfolio companies, including defaults relating to collateral, will harm our operating results. ● The lack of liquidity in our investments may adversely affect our business. ● Our portfolio companies may prepay loans, which may reduce our yields if capital returned cannot be invested in transactions with equal or greater expected yields. ● Our portfolio companies may be unable to repay or refinance outstanding principal on their loans at or prior to maturity. ● Our portfolio may be concentrated in a limited number of portfolio companies and industries, which will subject us to a risk of significant loss if any of these companies defaults on its obligations under any of its debt instruments or if there is a downturn in a particular industry. ● There is no assurance that portfolio company management will be able to operate their companies in accordance with our expectations. ● Our investments in the Trading Companies & Distributors industry face considerable uncertainties including significant regulatory challenges. Risks Relating to Our Common Stock ● There is no public market for our shares of common stock, and we cannot assure you that a market for our shares of common stock will develop in the future. ● During extended periods of capital market disruption and instability, there is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital. ● Our stockholders may experience dilution in their ownership percentage. Risks Relating to Our Business and Structure We have a limited operating history and may not replicate the historical results achieved by other entities managed by members of the Advisor’s investment committee, the Advisor or its affiliates. We commenced operations in December 2021. We are subject to all of the business risks and uncertainties associated with any new business, including the risk that we will not achieve our investment objective, that we will not qualify or maintain our qualification to be treated as a RIC, and that the value of your investment could decline substantially. The 1940 Act and the Code impose numerous constraints on the operations of BDCs and RICs that do not apply to certain other investment vehicles managed by our Advisor and its affiliates. BDCs are required, for example, to invest at least 70% of their total assets primarily in securities of U.S. private or thinly traded public companies, cash, cash equivalents, U.S. government securities and other high-quality debt instruments that mature in one year or less from the date of investment. Moreover, qualification for taxation as a RIC requires satisfaction of source-of-income, asset diversification and distribution requirements. Our Advisor has a limited operating history under these constraints, which may hinder our ability to take advantage of attractive investment opportunities and to achieve our investment objective. Furthermore, our investments may differ from those of existing accounts that are or have been managed by members of the Advisor’s investment committee, the Advisor or affiliates of the Advisor. We cannot assure you that we will replicate the historical results achieved for other KAPC funds managed by members of the Advisor’s investment committee, and we caution you that our investment returns could be substantially lower than the returns achieved by them in prior periods. Additionally, all or a portion of the prior results may have been achieved in particular market conditions, which may never be repeated. Moreover, current or future market volatility and regulatory uncertainty may have an adverse impact on our future performance. We use leverage pursuant to borrowings under credit facilities to finance our investments and changes in interest rates will affect our cost of capital and net investment income. We use leverage pursuant to borrowings under credit facilities and intend to further borrow under credit facilities in the future in order to finance our investments. As a result, our net investment income will depend, in part, upon the difference between the rate at which we borrow under credit facilities and the rate at which we invest these funds. In addition, we anticipate that many of our debt investments and borrowings under credit facilities will have floating interest rates that reset on a periodic basis, and many of our investments will be subject to interest rate floors. As a result, a significant change in market interest rates could have a material adverse effect on our net investment income. See “ Risks Relating to Our Investments—We are subject to risks associated with the current interest rate environment, and rising interest rates could affect the value of our investments and make it more difficult for portfolio companies to make periodic payments on their loans In periods of rising interest rates, our cost of funds will increase because we expect that the interest rates on the majority of amounts we borrow will be floating, which could reduce our net investment income to the extent any of our debt investments have fixed interest rates. We may use interest rate risk management techniques in an effort to limit our exposure to interest rate fluctuations. Such techniques may include various interest rate hedging activities to the extent permitted by the 1940 Act and applicable commodities laws. These activities may limit our ability to benefit from lower interest rates with respect to hedged borrowings. Adverse developments resulting from changes in interest rates or hedging transactions could have a material adverse effect on our business, financial condition and results of operations. See “ Risks Relating to Our Investments—We are subject to risks under hedging transactions and our ability to enter into transactions involving derivatives and financial commitment transactions may be limited. Downgrades of the U.S. credit rating, impending automatic spending cuts or government shutdowns could negatively impact our liquidity, financial condition and earnings. The U.S. debt ceiling and budget deficit concerns have increased the possibility of credit-rating downgrades or a recession in the United States. Although U.S. lawmakers passed legislation to raise the federal debt ceiling on multiple occasions, including, most recently, in June 2023, ratings agencies have lowered, and threatened to lower the long-term sovereign credit rating on the United States. The legislation suspends the debt ceiling through early 2025 unless Congress takes legislative action to further extend or defer it. The impact of the increased debt ceiling and/or downgrades to the U.S. government’s sovereign credit rating or its perceived creditworthiness could adversely affect the U.S. and global financial markets and economic conditions. Absent further quantitative easing by the U.S. Federal Reserve, these developments could cause interest rates and borrowing costs to rise, which may negatively impact our ability to access the debt markets on favorable terms. In addition, disagreement over the federal budget has caused the U.S. federal government to shut down for periods of time. Continued adverse political and economic conditions could have a material adverse effect on our business, financial condition and results of operations. We depend upon our Advisor and Administrator for our success and upon their access to the investment professionals and partners of Kayne Anderson and its affiliates. Any inability of the Advisor or the Administrator to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business. Our portfolio is subject to management risk because it is actively managed. Our Advisor applies investment techniques and risk analyses in making investment decisions for us, but there can be no guarantee that they will produce the desired results. We depend upon, and intend to rely significantly on, the Advisor’s and its affiliates’ relationships with private equity sponsors, financial intermediaries, direct lending institutions and other counterparties that are active in our markets. We do not have any internal management capacity or employees. We depend upon Kayne Anderson’s key personnel for our future success and upon their access to certain individuals and investment opportunities to execute on our investment objective. In particular, we depend on the diligence, skill and network of business contacts of our portfolio managers, who evaluate, negotiate, structure, close and monitor our investments. These individuals manage a number of investment vehicles on behalf of Kayne Anderson and, as a result, do not devote all of their time to managing us, which could negatively impact our performance. Furthermore, these individuals do not have long-term employment contracts with Kayne Anderson, although they do have equity interests and other financial incentives to remain with Kayne Anderson. We also depend on the senior management of Kayne Anderson. The departure of any of our portfolio managers or the senior management of Kayne Anderson could have a material adverse effect on our ability to achieve our investment objective. In addition, we can offer no assurance that our Advisor will remain our investment advisor or that we will continue to have access to Kayne Anderson’s industry contacts and deal flow. Furthermore, if the Advisor fails to maintain such relationships, or to develop new relationships with other sources of investment opportunities, we will not be able to grow our investment portfolio. This could have a material adverse effect on our financial condition, results of operations and cash flows. We depend on the diligence, skill and network of business contacts of the professionals available to our Administrator to carry out the administrative functions necessary for us to operate, including the ability to select and engage sub-administrators and third-party service providers. We can offer no assurance, however, that the professionals of the Administrator will continue to provide administrative services to us. This could have a material adverse effect on our financial condition, results of operations and cash flows. Our financial condition, results of operations and cash flows depend on our ability to manage our business and future growth effectively. Our ability to achieve our investment objective depends on our ability to manage and grow our business, which depends, in turn, on the Advisor’s ability to identify, invest in and monitor companies that meet our investment selection criteria. Accomplishing this result on a cost-effective basis is largely a function of the Advisor’s structuring of the investment process, its ability to provide competent, attentive and efficient services to us and our access to financing on acceptable terms. The management team of the Advisor has substantial responsibilities under our Investment Advisor Agreement. We can offer no assurance that any current or future employees of the Advisor will contribute effectively to the work of, or remain associated with, the Advisor. We caution you that the principals of our Advisor or Administrator may also be called upon to provide and currently do provide managerial assistance to portfolio companies and other investment vehicles, including other BDCs, which are managed by affiliates of the Advisor. Such demands on their time may distract them or slow our rate of investment. Any failure to manage our future growth effectively could have a material adverse effect on our business, financial condition and results of operations. The Advisor may frequently be required to make investment analyses and decisions on an expedited basis in order to take advantage of investment opportunities, and our Advisor may not have knowledge of all circumstances that could impact an investment by the Company. Investment analyses and decisions by the Advisor may frequently be required to be undertaken on an expedited basis to take advantage of investment opportunities, and the Advisor may not have knowledge of all circumstances that could adversely affect an investment by us. Moreover, there can be no assurance that our due diligence processes will uncover all relevant facts that would be material to an investment decision. Before making an investment, we will assess the strength of the underlying assets and other factors that we believe are material to the performance of the investment. In making the assessment and otherwise conducting customary due diligence, we will rely on the resources available to us and, in some cases, an investigation by third parties. This process is particularly important and highly subjective. We may make investments in, or loans to, companies that are not subject to public company reporting requirements including requirements regarding preparation of financial statements and our portfolio companies may utilize divergent reporting standards that may make it difficult for the Advisor to accurately assess the prior performance of a portfolio company. We will, therefore, depend upon the compliance by investment companies with their contractual reporting obligations. As a result, the evaluation of potential investments and our ability to perform due diligence on and effectively monitor investments may be impeded, and we may not realize the returns that we expect on any particular investment. In the event of fraud by any company in which we invest or with respect to which we make a loan, we may suffer a partial or total loss of the amounts invested in that company. There are significant potential conflicts of interest that could affect our investment returns, including conflicts related to obligations the Advisor’s investment committee, the Advisor or its affiliates have to other clients and conflicts related to fees and expenses of such other clients, the valuation process for certain portfolio holdings of ours, other arrangements with the Advisor or its affiliates, and the Advisor’s recommendations given to us may differ from those rendered to their other clients. As a result of our arrangements with the Advisor and its affiliates and the Advisor’s investment committee, there may be times when the Advisor or such persons have interests that differ from those of our stockholders, giving rise to a conflict of interest. In particular, the following conflicts of interest may arise, among others: ● the members of the Advisor’s investment committee serve or may serve as officers, directors or principals of entities that operate in the same or a related line of business as we do or of accounts sponsored or managed by the Advisor or its affiliates; ● the Advisor, its affiliates and its personnel may have obligations to other clients or investors in entities they manage, the fulfilment of which may not be in the best interests of us or our stockholders; ● our investment objective may overlap with the investment objectives of such affiliated accounts; ● certain of the Advisor’s other accounts may provide for higher management or incentive fees, greater expense reimbursements or overhead allocations, or permit affiliates of the Advisor to receive origination and other transaction fees; ● members of Kayne Anderson and its affiliates may serve on the boards of directors of and advise companies that may compete with our portfolio investments. Moreover, other funds, separate accounts and other vehicles managed by Kayne Anderson and its affiliates may pursue investment opportunities that may also be suitable for us; and ● the participation of the Advisor’s investment professionals in our valuation process could result in a conflict of interest as the Advisor’s base management fee is based, in part, on our fair market value of investments including assets purchased with borrowings under credit facilities, excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase. The Advisor may have an incentive to invest in deferred interest securities in circumstances where it would not have done so but for the opportunity to continue to earn the fees even when the issuers of the deferred interest securities would not be able to make actual cash payments to us on such securities. This risk could be increased because the Advisor is not obligated to reimburse us for any fees received even if we subsequently incur losses or never receive in cash the deferred income that was previously accrued. The Advisor seeks to allocate investment opportunities among eligible accounts in a manner that is fair and equitable over time and consistent with its allocation policy. However, we can offer no assurance that such opportunities will be allocated to us fairly or equitably in the short term, and there can be no assurance that we will be able to participate in all investment opportunities that are suitable to us. The Advisor’s investment committee, the Advisor or its affiliates may, from time to time, possess material non-public information, limiting our investment discretion. Principals of the Advisor and its affiliates and members of the Advisor’s investment committee may serve as directors of, or in a similar capacity with, companies in which we invest, the securities of which are purchased or sold on our behalf. In the event that material nonpublic information is obtained with respect to such companies, or we become subject to trading restrictions under the internal trading policies of those companies or as a result of applicable law or regulations (for example, the antifraud provisions for the federal securities laws), we could be prohibited for a period of time from purchasing or selling the securities of such companies, and this prohibition may have an adverse effect on us. The Investment Advisory Agreement and the Administration Agreement were not negotiated on an arm’s-length basis and may not be as favorable to us as if they had been negotiated with an unaffiliated third party. The Investment Advisory Agreement and the Administration Agreement were negotiated between related parties. Consequently, their terms, including fees payable to the Advisor, may not be as favorable to us as if they had been negotiated with an unaffiliated third party. For example, certain accounts managed by the Advisor have lower management, incentive or other fees than those charged under the Investment Advisory Agreement and/or a reduced ability to recover expenses and overhead than may be recovered by the Administrator under the Administration Agreement. In addition, we may choose not to enforce, or to enforce less vigorously, our rights and remedies under these agreements because of our desire to maintain our ongoing relationship with the Advisor, the Administrator and their respective affiliates. Any such decision, however, would breach our fiduciary obligations to our stockholders. We generally may make investments that could give rise to a conflict of interest and our ability to enter into transactions with our affiliates will be restricted. We, along with our Advisor and certain of its affiliates, have obtained exemptive relief from the SEC to permit us to invest alongside certain entities and accounts advised by the Advisor and its affiliates subject to certain conditions. Pursuant to such exemptive relief, and subject to certain conditions, we are permitted to co-invest in the same security with our affiliates in a manner that is consistent with our investment objective, investment strategy, regulatory consideration and other relevant factors. If opportunities arise that would otherwise be appropriate for us and an affiliate to purchase different securities in the same issuer, our Advisor will need to decide which account will proceed with such investment. Our Advisor’s investment allocation policy incorporates the conditions of exemptive relief to seek to ensure that investment opportunities are allocated in a manner that is fair and equitable. However, although the Advisor endeavors to fairly allocate investment opportunities in the long run, we can offer no assurance that investment opportunities will be allocated to us fairly or equitably in the short term. We do not expect to invest in, or hold securities of, companies that are controlled by our affiliates’ other clients. If our affiliates’ other client or clients gain control over one of our portfolio companies, this may create conflicts of interest and subject us to certain restrictions under the 1940 Act. As a result of these conflicts and restrictions our Advisor may be unable to implement our investment strategies as effectively as it could have in the absence of such conflicts or restrictions. For example, as a result of a conflict or restriction, our Advisor may be unable to engage in certain transactions that it would otherwise pursue. In order to avoid these conflicts and restrictions, our Advisor may choose to exit these investments prematurely and, as a result, we may forgo positive returns associated with such investments. In addition, to the extent that another client holds a different class of securities than us as a result of such transactions, our interests may not be aligned. Our ability to enter into transactions with our affiliates may be restricted. In situations where co-investment with affiliates’ other clients is not permitted under the 1940 Act and related rules, existing or future staff guidance, or the terms and conditions of exemptive relief that have been granted to our Advisor and its affiliates by the SEC, our Advisor will need to decide which client or clients will proceed with the investment. Generally, we will not have an entitlement to make a co-investment in these circumstances and, to the extent that another client elects to proceed with the investment, we will not be permitted to participate. Moreover, except in certain circumstances, we will be unable to invest in any issuer in which an affiliate’s other client holds a controlling interest. These restrictions may limit the scope of investment opportunities that would otherwise be available to us. We will be prohibited under the 1940 Act from participating in certain transactions with certain affiliates of ours without the prior approval of a majority of our independent directors and, in some cases, the SEC. Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities will be our affiliate for purposes of the 1940 Act, and we will generally be prohibited from buying or selling any securities from or to such affiliate on a principal basis, absent the prior approval of our Board and, in some cases, the SEC. The 1940 Act also prohibits certain “joint” transactions with certain affiliates of ours, which in certain circumstances could include investments in the same portfolio company (whether at the same or different times to the extent the transaction involves a joint investment), without prior approval of our Board and, in some cases, the SEC. If a person acquires more than 25% of our voting securities, we will be prohibited from buying or selling any security from or to such person or certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates. The SEC has interpreted the BDC regulations governing transactions with affiliates to prohibit certain “joint transactions” involving entities that share a common investment advisor. As a result of these restrictions, we may be prohibited from buying or selling any security from or to any portfolio company that is controlled by a fund managed by the Advisor or their respective affiliates except under certain circumstances or without the prior approval of the SEC, which may limit the scope of investment opportunities that would otherwise be available to us. We operate in a highly competitive market for investment opportunities, which could reduce returns and result in losses. There will be competition for investments from numerous other potential investors, many of which will have significant financial resources. As a result, there can be no guarantee that a sufficient quantity of suitable investment opportunities for us will be found, that investments on favorable terms can be negotiated, or that we will be able to fully realize the value of our investments. Competition for investments may have the effect of increasing our costs and expenses or otherwise decreasing returns generated on underlying investments, thereby reducing our investment returns. A number of entities compete with us to make the types of investments that we plan to make in middle market companies, including BDCs, traditional commercial banks, private investment funds, regional banking institutions, small business investment companies, investment banks and insurance companies. Additionally, with increased competition for investment opportunities, alternative investment vehicles such as hedge funds may seek to invest in areas they have not traditionally invested in or from which they had withdrawn during the economic downturn, including investing in middle market companies. We will compete with public and private funds, commercial and investment banks, commercial financing companies and, to the extent they provide an alternative form of financing, private equity and hedge funds. Many of our competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, we believe some of our competitors may have access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments, which could allow them to consider a wider variety of investments and establish more relationships than we do. Furthermore, many of our competitors are not subject to the regulatory restrictions that the 1940 Act imposes on us as a BDC or the source of income, asset diversification and distribution requirements we must satisfy to qualify and maintain our qualification as a RIC. As a result of this competition, we may from time to time not be able to take advantage of attractive investment opportunities, and we may not be able to identify and make investments that are consistent with our investment objective. With respect to the investments we make, we do not seek to compete based primarily on the interest rates we offer, and we believe that some of our competitors may make loans with interest rates that will be lower than the rates we offer. With respect to all investments, we may lose some investment opportunities if we do not match our competitors’ pricing, terms and structure. However, if we match our competitors’ pricing, terms and structure, we may experience decreased net interest income, lower yields and increased risk of credit loss. Although our Advisor allocates opportunities in accordance with its allocation policy, allocations to other accounts managed or sponsored by our Advisor or its affiliates reduce the amount and frequency of opportunities available to us and may not be in the best interests of us and our stockholders. The competitive pressures we face may have a material adverse effect on our business, financial condition and results of operations. We will be subject to corporate-level income tax if we are unable to continue to qualify as a RIC. We have elected, and intend to qualify annually thereafter, to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code; however, no assurance can be given that we will be able to qualify for and maintain RIC tax treatment. In order to qualify, and maintain qualification, as a RIC under the Code, we must meet certain source-of-income, asset dive
NAV Per Share	[1]	$ 5,259	$ 5,229		$ 5,153		$ 4,986		$ 4,976
Risks Relating to Our Business and Structure [Member]
General Description of Registrant [Abstract]
Risk [Text Block]		Risks Relating to Our Business and Structure We have a limited operating history and may not replicate the historical results achieved by other entities managed by members of the Advisor’s investment committee, the Advisor or its affiliates. We commenced operations in December 2021. We are subject to all of the business risks and uncertainties associated with any new business, including the risk that we will not achieve our investment objective, that we will not qualify or maintain our qualification to be treated as a RIC, and that the value of your investment could decline substantially. The 1940 Act and the Code impose numerous constraints on the operations of BDCs and RICs that do not apply to certain other investment vehicles managed by our Advisor and its affiliates. BDCs are required, for example, to invest at least 70% of their total assets primarily in securities of U.S. private or thinly traded public companies, cash, cash equivalents, U.S. government securities and other high-quality debt instruments that mature in one year or less from the date of investment. Moreover, qualification for taxation as a RIC requires satisfaction of source-of-income, asset diversification and distribution requirements. Our Advisor has a limited operating history under these constraints, which may hinder our ability to take advantage of attractive investment opportunities and to achieve our investment objective. Furthermore, our investments may differ from those of existing accounts that are or have been managed by members of the Advisor’s investment committee, the Advisor or affiliates of the Advisor. We cannot assure you that we will replicate the historical results achieved for other KAPC funds managed by members of the Advisor’s investment committee, and we caution you that our investment returns could be substantially lower than the returns achieved by them in prior periods. Additionally, all or a portion of the prior results may have been achieved in particular market conditions, which may never be repeated. Moreover, current or future market volatility and regulatory uncertainty may have an adverse impact on our future performance. We use leverage pursuant to borrowings under credit facilities to finance our investments and changes in interest rates will affect our cost of capital and net investment income. We use leverage pursuant to borrowings under credit facilities and intend to further borrow under credit facilities in the future in order to finance our investments. As a result, our net investment income will depend, in part, upon the difference between the rate at which we borrow under credit facilities and the rate at which we invest these funds. In addition, we anticipate that many of our debt investments and borrowings under credit facilities will have floating interest rates that reset on a periodic basis, and many of our investments will be subject to interest rate floors. As a result, a significant change in market interest rates could have a material adverse effect on our net investment income. See “ Risks Relating to Our Investments—We are subject to risks associated with the current interest rate environment, and rising interest rates could affect the value of our investments and make it more difficult for portfolio companies to make periodic payments on their loans In periods of rising interest rates, our cost of funds will increase because we expect that the interest rates on the majority of amounts we borrow will be floating, which could reduce our net investment income to the extent any of our debt investments have fixed interest rates. We may use interest rate risk management techniques in an effort to limit our exposure to interest rate fluctuations. Such techniques may include various interest rate hedging activities to the extent permitted by the 1940 Act and applicable commodities laws. These activities may limit our ability to benefit from lower interest rates with respect to hedged borrowings. Adverse developments resulting from changes in interest rates or hedging transactions could have a material adverse effect on our business, financial condition and results of operations. See “ Risks Relating to Our Investments—We are subject to risks under hedging transactions and our ability to enter into transactions involving derivatives and financial commitment transactions may be limited. Downgrades of the U.S. credit rating, impending automatic spending cuts or government shutdowns could negatively impact our liquidity, financial condition and earnings. The U.S. debt ceiling and budget deficit concerns have increased the possibility of credit-rating downgrades or a recession in the United States. Although U.S. lawmakers passed legislation to raise the federal debt ceiling on multiple occasions, including, most recently, in June 2023, ratings agencies have lowered, and threatened to lower the long-term sovereign credit rating on the United States. The legislation suspends the debt ceiling through early 2025 unless Congress takes legislative action to further extend or defer it. The impact of the increased debt ceiling and/or downgrades to the U.S. government’s sovereign credit rating or its perceived creditworthiness could adversely affect the U.S. and global financial markets and economic conditions. Absent further quantitative easing by the U.S. Federal Reserve, these developments could cause interest rates and borrowing costs to rise, which may negatively impact our ability to access the debt markets on favorable terms. In addition, disagreement over the federal budget has caused the U.S. federal government to shut down for periods of time. Continued adverse political and economic conditions could have a material adverse effect on our business, financial condition and results of operations. We depend upon our Advisor and Administrator for our success and upon their access to the investment professionals and partners of Kayne Anderson and its affiliates. Any inability of the Advisor or the Administrator to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business. Our portfolio is subject to management risk because it is actively managed. Our Advisor applies investment techniques and risk analyses in making investment decisions for us, but there can be no guarantee that they will produce the desired results. We depend upon, and intend to rely significantly on, the Advisor’s and its affiliates’ relationships with private equity sponsors, financial intermediaries, direct lending institutions and other counterparties that are active in our markets. We do not have any internal management capacity or employees. We depend upon Kayne Anderson’s key personnel for our future success and upon their access to certain individuals and investment opportunities to execute on our investment objective. In particular, we depend on the diligence, skill and network of business contacts of our portfolio managers, who evaluate, negotiate, structure, close and monitor our investments. These individuals manage a number of investment vehicles on behalf of Kayne Anderson and, as a result, do not devote all of their time to managing us, which could negatively impact our performance. Furthermore, these individuals do not have long-term employment contracts with Kayne Anderson, although they do have equity interests and other financial incentives to remain with Kayne Anderson. We also depend on the senior management of Kayne Anderson. The departure of any of our portfolio managers or the senior management of Kayne Anderson could have a material adverse effect on our ability to achieve our investment objective. In addition, we can offer no assurance that our Advisor will remain our investment advisor or that we will continue to have access to Kayne Anderson’s industry contacts and deal flow. Furthermore, if the Advisor fails to maintain such relationships, or to develop new relationships with other sources of investment opportunities, we will not be able to grow our investment portfolio. This could have a material adverse effect on our financial condition, results of operations and cash flows. We depend on the diligence, skill and network of business contacts of the professionals available to our Administrator to carry out the administrative functions necessary for us to operate, including the ability to select and engage sub-administrators and third-party service providers. We can offer no assurance, however, that the professionals of the Administrator will continue to provide administrative services to us. This could have a material adverse effect on our financial condition, results of operations and cash flows. Our financial condition, results of operations and cash flows depend on our ability to manage our business and future growth effectively. Our ability to achieve our investment objective depends on our ability to manage and grow our business, which depends, in turn, on the Advisor’s ability to identify, invest in and monitor companies that meet our investment selection criteria. Accomplishing this result on a cost-effective basis is largely a function of the Advisor’s structuring of the investment process, its ability to provide competent, attentive and efficient services to us and our access to financing on acceptable terms. The management team of the Advisor has substantial responsibilities under our Investment Advisor Agreement. We can offer no assurance that any current or future employees of the Advisor will contribute effectively to the work of, or remain associated with, the Advisor. We caution you that the principals of our Advisor or Administrator may also be called upon to provide and currently do provide managerial assistance to portfolio companies and other investment vehicles, including other BDCs, which are managed by affiliates of the Advisor. Such demands on their time may distract them or slow our rate of investment. Any failure to manage our future growth effectively could have a material adverse effect on our business, financial condition and results of operations. The Advisor may frequently be required to make investment analyses and decisions on an expedited basis in order to take advantage of investment opportunities, and our Advisor may not have knowledge of all circumstances that could impact an investment by the Company. Investment analyses and decisions by the Advisor may frequently be required to be undertaken on an expedited basis to take advantage of investment opportunities, and the Advisor may not have knowledge of all circumstances that could adversely affect an investment by us. Moreover, there can be no assurance that our due diligence processes will uncover all relevant facts that would be material to an investment decision. Before making an investment, we will assess the strength of the underlying assets and other factors that we believe are material to the performance of the investment. In making the assessment and otherwise conducting customary due diligence, we will rely on the resources available to us and, in some cases, an investigation by third parties. This process is particularly important and highly subjective. We may make investments in, or loans to, companies that are not subject to public company reporting requirements including requirements regarding preparation of financial statements and our portfolio companies may utilize divergent reporting standards that may make it difficult for the Advisor to accurately assess the prior performance of a portfolio company. We will, therefore, depend upon the compliance by investment companies with their contractual reporting obligations. As a result, the evaluation of potential investments and our ability to perform due diligence on and effectively monitor investments may be impeded, and we may not realize the returns that we expect on any particular investment. In the event of fraud by any company in which we invest or with respect to which we make a loan, we may suffer a partial or total loss of the amounts invested in that company. There are significant potential conflicts of interest that could affect our investment returns, including conflicts related to obligations the Advisor’s investment committee, the Advisor or its affiliates have to other clients and conflicts related to fees and expenses of such other clients, the valuation process for certain portfolio holdings of ours, other arrangements with the Advisor or its affiliates, and the Advisor’s recommendations given to us may differ from those rendered to their other clients. As a result of our arrangements with the Advisor and its affiliates and the Advisor’s investment committee, there may be times when the Advisor or such persons have interests that differ from those of our stockholders, giving rise to a conflict of interest. In particular, the following conflicts of interest may arise, among others: ● the members of the Advisor’s investment committee serve or may serve as officers, directors or principals of entities that operate in the same or a related line of business as we do or of accounts sponsored or managed by the Advisor or its affiliates; ● the Advisor, its affiliates and its personnel may have obligations to other clients or investors in entities they manage, the fulfilment of which may not be in the best interests of us or our stockholders; ● our investment objective may overlap with the investment objectives of such affiliated accounts; ● certain of the Advisor’s other accounts may provide for higher management or incentive fees, greater expense reimbursements or overhead allocations, or permit affiliates of the Advisor to receive origination and other transaction fees; ● members of Kayne Anderson and its affiliates may serve on the boards of directors of and advise companies that may compete with our portfolio investments. Moreover, other funds, separate accounts and other vehicles managed by Kayne Anderson and its affiliates may pursue investment opportunities that may also be suitable for us; and ● the participation of the Advisor’s investment professionals in our valuation process could result in a conflict of interest as the Advisor’s base management fee is based, in part, on our fair market value of investments including assets purchased with borrowings under credit facilities, excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase. The Advisor may have an incentive to invest in deferred interest securities in circumstances where it would not have done so but for the opportunity to continue to earn the fees even when the issuers of the deferred interest securities would not be able to make actual cash payments to us on such securities. This risk could be increased because the Advisor is not obligated to reimburse us for any fees received even if we subsequently incur losses or never receive in cash the deferred income that was previously accrued. The Advisor seeks to allocate investment opportunities among eligible accounts in a manner that is fair and equitable over time and consistent with its allocation policy. However, we can offer no assurance that such opportunities will be allocated to us fairly or equitably in the short term, and there can be no assurance that we will be able to participate in all investment opportunities that are suitable to us. The Advisor’s investment committee, the Advisor or its affiliates may, from time to time, possess material non-public information, limiting our investment discretion. Principals of the Advisor and its affiliates and members of the Advisor’s investment committee may serve as directors of, or in a similar capacity with, companies in which we invest, the securities of which are purchased or sold on our behalf. In the event that material nonpublic information is obtained with respect to such companies, or we become subject to trading restrictions under the internal trading policies of those companies or as a result of applicable law or regulations (for example, the antifraud provisions for the federal securities laws), we could be prohibited for a period of time from purchasing or selling the securities of such companies, and this prohibition may have an adverse effect on us. The Investment Advisory Agreement and the Administration Agreement were not negotiated on an arm’s-length basis and may not be as favorable to us as if they had been negotiated with an unaffiliated third party. The Investment Advisory Agreement and the Administration Agreement were negotiated between related parties. Consequently, their terms, including fees payable to the Advisor, may not be as favorable to us as if they had been negotiated with an unaffiliated third party. For example, certain accounts managed by the Advisor have lower management, incentive or other fees than those charged under the Investment Advisory Agreement and/or a reduced ability to recover expenses and overhead than may be recovered by the Administrator under the Administration Agreement. In addition, we may choose not to enforce, or to enforce less vigorously, our rights and remedies under these agreements because of our desire to maintain our ongoing relationship with the Advisor, the Administrator and their respective affiliates. Any such decision, however, would breach our fiduciary obligations to our stockholders. We generally may make investments that could give rise to a conflict of interest and our ability to enter into transactions with our affiliates will be restricted. We, along with our Advisor and certain of its affiliates, have obtained exemptive relief from the SEC to permit us to invest alongside certain entities and accounts advised by the Advisor and its affiliates subject to certain conditions. Pursuant to such exemptive relief, and subject to certain conditions, we are permitted to co-invest in the same security with our affiliates in a manner that is consistent with our investment objective, investment strategy, regulatory consideration and other relevant factors. If opportunities arise that would otherwise be appropriate for us and an affiliate to purchase different securities in the same issuer, our Advisor will need to decide which account will proceed with such investment. Our Advisor’s investment allocation policy incorporates the conditions of exemptive relief to seek to ensure that investment opportunities are allocated in a manner that is fair and equitable. However, although the Advisor endeavors to fairly allocate investment opportunities in the long run, we can offer no assurance that investment opportunities will be allocated to us fairly or equitably in the short term. We do not expect to invest in, or hold securities of, companies that are controlled by our affiliates’ other clients. If our affiliates’ other client or clients gain control over one of our portfolio companies, this may create conflicts of interest and subject us to certain restrictions under the 1940 Act. As a result of these conflicts and restrictions our Advisor may be unable to implement our investment strategies as effectively as it could have in the absence of such conflicts or restrictions. For example, as a result of a conflict or restriction, our Advisor may be unable to engage in certain transactions that it would otherwise pursue. In order to avoid these conflicts and restrictions, our Advisor may choose to exit these investments prematurely and, as a result, we may forgo positive returns associated with such investments. In addition, to the extent that another client holds a different class of securities than us as a result of such transactions, our interests may not be aligned. Our ability to enter into transactions with our affiliates may be restricted. In situations where co-investment with affiliates’ other clients is not permitted under the 1940 Act and related rules, existing or future staff guidance, or the terms and conditions of exemptive relief that have been granted to our Advisor and its affiliates by the SEC, our Advisor will need to decide which client or clients will proceed with the investment. Generally, we will not have an entitlement to make a co-investment in these circumstances and, to the extent that another client elects to proceed with the investment, we will not be permitted to participate. Moreover, except in certain circumstances, we will be unable to invest in any issuer in which an affiliate’s other client holds a controlling interest. These restrictions may limit the scope of investment opportunities that would otherwise be available to us. We will be prohibited under the 1940 Act from participating in certain transactions with certain affiliates of ours without the prior approval of a majority of our independent directors and, in some cases, the SEC. Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities will be our affiliate for purposes of the 1940 Act, and we will generally be prohibited from buying or selling any securities from or to such affiliate on a principal basis, absent the prior approval of our Board and, in some cases, the SEC. The 1940 Act also prohibits certain “joint” transactions with certain affiliates of ours, which in certain circumstances could include investments in the same portfolio company (whether at the same or different times to the extent the transaction involves a joint investment), without prior approval of our Board and, in some cases, the SEC. If a person acquires more than 25% of our voting securities, we will be prohibited from buying or selling any security from or to such person or certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates. The SEC has interpreted the BDC regulations governing transactions with affiliates to prohibit certain “joint transactions” involving entities that share a common investment advisor. As a result of these restrictions, we may be prohibited from buying or selling any security from or to any portfolio company that is controlled by a fund managed by the Advisor or their respective affiliates except under certain circumstances or without the prior approval of the SEC, which may limit the scope of investment opportunities that would otherwise be available to us. We operate in a highly competitive market for investment opportunities, which could reduce returns and result in losses. There will be competition for investments from numerous other potential investors, many of which will have significant financial resources. As a result, there can be no guarantee that a sufficient quantity of suitable investment opportunities for us will be found, that investments on favorable terms can be negotiated, or that we will be able to fully realize the value of our investments. Competition for investments may have the effect of increasing our costs and expenses or otherwise decreasing returns generated on underlying investments, thereby reducing our investment returns. A number of entities compete with us to make the types of investments that we plan to make in middle market companies, including BDCs, traditional commercial banks, private investment funds, regional banking institutions, small business investment companies, investment banks and insurance companies. Additionally, with increased competition for investment opportunities, alternative investment vehicles such as hedge funds may seek to invest in areas they have not traditionally invested in or from which they had withdrawn during the economic downturn, including investing in middle market companies. We will compete with public and private funds, commercial and investment banks, commercial financing companies and, to the extent they provide an alternative form of financing, private equity and hedge funds. Many of our competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, we believe some of our competitors may have access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments, which could allow them to consider a wider variety of investments and establish more relationships than we do. Furthermore, many of our competitors are not subject to the regulatory restrictions that the 1940 Act imposes on us as a BDC or the source of income, asset diversification and distribution requirements we must satisfy to qualify and maintain our qualification as a RIC. As a result of this competition, we may from time to time not be able to take advantage of attractive investment opportunities, and we may not be able to identify and make investments that are consistent with our investment objective. With respect to the investments we make, we do not seek to compete based primarily on the interest rates we offer, and we believe that some of our competitors may make loans with interest rates that will be lower than the rates we offer. With respect to all investments, we may lose some investment opportunities if we do not match our competitors’ pricing, terms and structure. However, if we match our competitors’ pricing, terms and structure, we may experience decreased net interest income, lower yields and increased risk of credit loss. Although our Advisor allocates opportunities in accordance with its allocation policy, allocations to other accounts managed or sponsored by our Advisor or its affiliates reduce the amount and frequency of opportunities available to us and may not be in the best interests of us and our stockholders. The competitive pressures we face may have a material adverse effect on our business, financial condition and results of operations. We will be subject to corporate-level income tax if we are unable to continue to qualify as a RIC. We have elected, and intend to qualify annually thereafter, to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code; however, no assurance can be given that we will be able to qualify for and maintain RIC tax treatment. In order to qualify, and maintain qualification, as a RIC under the Code, we must meet certain source-of-income, asset diversification and distribution requirements. The distribution requirement for a RIC is satisfied if we distribute to our stockholders dividends for U.S. federal income tax purposes of an amount generally at least equal to the sum of 90% of our investment company taxable income, which is generally our net ordinary income plus the excess of our net short-term capital gains in excess of our net long-term capital losses, determined without regard to any deduction for dividends paid, and 90% of our net tax-exempt interest income, if any, to our stockholders on an annual basis. We are subject, to the extent we use debt financing, to certain asset coverage ratio requirements under the 1940 Act and financial covenants under loan and credit agreements that could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to be subject to tax as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we must also meet certain asset diversification requirements at the end of each quarter of our taxable year. Failure to meet these requirements may result in our having to dispose of certain investments quickly in order to prevent the loss of our qualification as a RIC. Because a significant portion of our investments are in private or thinly traded public companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses. If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate taxes could substantially reduce our net assets, the amount of income available for distributions to stockholders and the amount of our distributions and the amount of funds available for new investments. Such a failure would have a material adverse effect on us and our stockholders. We may be subject to risks that may arise in connection with the rules under ERISA related to investment by ERISA Plans. We intend to operate so that we will be an appropriate investment for employee benefit plans subject to Employee Retirement Income Security Act of 1974, as amended (“ERISA”). We will use reasonable efforts to conduct our affairs so that our assets will not be deemed to be “plan assets” for purposes of ERISA. Accordingly, there may be constraints on our ability to make or dispose of investments at optimal times (or to make certain investments at all). We may have difficulty paying our required distributions if we recognize income before, or without, receiving cash representing such income. For U.S. federal income tax purposes, we include in income certain amounts that we have not yet received in cash, such as the accretion of original issue discount (“OID”). This may arise if we receive warrants in connection with the making of a loan and in other circumstances, or through contracted PIK interest, which represents contractual interest added to the loan balance and due at the end of the loan term. Such OID, which could be significant relative to our overall investment activities or increases in loan balances as a result of contracted PIK arrangements, is included in income before we receive any corresponding cash payments. We also may be required to include in income certain other amounts that we do not receive in cash. We may be also subject to the following risks associated with PIK and OID investments: ● The interest payments deferred on a PIK loan are subject to the risk that the borrower may default when the deferred payments are due in cash at the maturity of the loan; ● The interest rates on PIK loans are higher to reflect the time-value of money on deferred interest payments and the higher credit risk of borrowers who may need to defer interest payments; ● Market prices of OID instruments are more volatile because they are affected to a greater extent by interest rate changes than instruments that pay interest periodically in cash; ● PIK instruments may have unreliable valuations because the accruals require judgments about ultimate collectability of the deferred payments and the value of the associated collateral; ● Use of PIK and OID securities may provide certain benefits to our Advisor including increasing management fees; ● We may be required under the tax laws to make distributions of OID income to stockholders without receiving any cash. Such required cash distributions may have to be paid from borrowings, offering proceeds or the sale of our assets; and ● The required recognition of OID, including PIK, interest for U.S. federal income tax purposes may have a negative impact on liquidity, because it represents a non-cash component of our taxable income that must, nevertheless, be distributed in cash to investors to avoid it being subject to corporate level taxation. Since in certain cases we may recognize income before or without receiving cash representing such income, we may have difficulty meeting the requirement in a given taxable year to distribute to our stockholders dividends for U.S. federal income tax purposes an amount at least equal to the sum of 90% of our investment company taxable income, determined without regard to any deduction for dividends paid, and 90% of our net tax-exempt interest income, if any, to our stockholders to qualify and maintain our ability to be subject to tax as a RIC. In such a case, we may have to sell some of our investments at times we would not consider advantageous, raise additional debt or equity capital or reduce new investment originations to meet these distribution requirements. If we are not able to obtain such cash from other sources, we may fail to qualify as a RIC and thus be subject to corporate-level income tax. Regulations governing our operation as a BDC affect our ability to, and the way in which we, raise additional capital. As a BDC, the necessity of raising additional capital exposes us to risks, including the typical risks associated with leverage. We intend to further borrow under credit facilities and, may issue preferred stock in the future (although we do not anticipate issuing preferred stock in the next 12 months), which we refer to collectively as “senior securities,” up to the maximum amount perm
[1] The per common share data was derived by using weighted average shares outstanding. For the year ended December 31, 2021, the initial offering price of $5,000 per share less $24 of organizational costs.

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	The Company’s Board of Directors (the “Board”) is responsible for overseeing the Company’s risk management program and cybersecurity is a critical element of this program. Management is responsible for the day-to-day administration of the Company’s risk management program and its cybersecurity policies, processes, and practices. The Company’s cybersecurity policies, standards, processes, and practices are based on recognized frameworks established by the National Institute of Standards and Technology, the International Organization for Standardization and other applicable industry standards and are fully integrated into the Company’s overall risk management processes. In general, the Company seeks to address material cybersecurity threats through a company-wide approach that addresses the confidentiality, integrity, and availability of the Company’s information systems or the information that the Company collects and stores, by assessing, identifying and managing cybersecurity issues as they occur. Cybersecurity Risk Management and Strategy The Company’s cybersecurity risk management strategy focuses on several areas: ● Identification and Reporting: ● Technical Safeguards: ● Incident Response and Recovery Planning: ● Third-Party Risk Management: ● Education and Awareness: The Company conducts periodic assessment and testing of the Company’s policies, standards, processes, and practices in a manner intended to address cybersecurity threats and events. This includes penetration testing of network infrastructure and phishing tests targeting the Adviser’s employees. The results of such assessments and reviews are evaluated by management and reported to the Board, and the Company adjusts its cybersecurity policies, standards, processes, and practices as necessary based on the information provided by these assessments and reviews.
Cybersecurity Risk Management Processes Integrated [Text Block]	The Company’s cybersecurity policies, standards, processes, and practices are based on recognized frameworks established by the National Institute of Standards and Technology, the International Organization for Standardization and other applicable industry standards and are fully integrated into the Company’s overall risk management processes. In general, the Company seeks to address material cybersecurity threats through a company-wide approach that addresses the confidentiality, integrity, and availability of the Company’s information systems or the information that the Company collects and stores, by assessing, identifying and managing cybersecurity issues as they occur.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Role of Management [Text Block]	Governance The Board, in coordination with the Adviser, oversees the Company’s risk management program, including the management of cybersecurity threats. The Board receives regular updates and reports on developments in the cybersecurity space, including risk management practices, recent developments, vulnerability assessments, third-party and independent reviews, the threat environment, and information security issues encountered by the Company’. The Board also receives prompt and timely information regarding any cybersecurity risk that meets pre-established reporting thresholds, as well as ongoing updates regarding any such risk. On an annual basis, the Board and the Adviser discuss the Company’s approach to overseeing cybersecurity threats. The Adviser has established an internal working group that includes relevant representation from senior management including the CCO, CFO, and CISO, and CTO who work collaboratively to implement a program designed to protect the Company’s information systems from cybersecurity threats and to promptly respond to any material cybersecurity incidents in accordance with the Company’s incident response and recovery plans. Through ongoing communication with these teams, the CISO, CTO and senior management are informed about and monitor the prevention, detection, mitigation and remediation of cybersecurity threats and incidents in real time, and report such threats and incidents to the Board when appropriate. Members of the internal working group have multiple decades of experience in information security and risk management, including assessing cybersecurity threats. Furthermore, the CTO and CISO have educational backgrounds and hold professional experience and certifications relevant to management of cybersecurity.
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Board, in coordination with the Adviser, oversees the Company’s risk management program, including the management of cybersecurity threats. The Board receives regular updates and reports on developments in the cybersecurity space, including risk management practices, recent developments, vulnerability assessments, third-party and independent reviews, the threat environment, and information security issues encountered by the Company’. The Board also receives prompt and timely information regarding any cybersecurity risk that meets pre-established reporting thresholds, as well as ongoing updates regarding any such risk. On an annual basis, the Board and the Adviser discuss the Company’s approach to overseeing cybersecurity threats.
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The Adviser has established an internal working group that includes relevant representation from senior management including the CCO, CFO, and CISO, and CTO who work collaboratively to implement a program designed to protect the Company’s information systems from cybersecurity threats and to promptly respond to any material cybersecurity incidents in accordance with the Company’s incident response and recovery plans. Through ongoing communication with these teams, the CISO, CTO and senior management are informed about and monitor the prevention, detection, mitigation and remediation of cybersecurity threats and incidents in real time, and report such threats and incidents to the Board when appropriate.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Members of the internal working group have multiple decades of experience in information security and risk management, including assessing cybersecurity threats. Furthermore, the CTO and CISO have educational backgrounds and hold professional experience and certifications relevant to management of cybersecurity.
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]	Risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, have not materially affected and are not reasonably likely to materially affect the Company, including its business strategy, results of operations, or financial condition.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2024
Significant Accounting Policies [Abstract]
Basis of Presentation	A. Basis of Presentation
Consolidation	B. Consolidation Accordingly, the Company consolidated the accounts of KDL Corp, LLC in its consolidated financial statements. KDL Corp, LLC is a Delaware LLC that has elected to be treated as a corporation for U.S. tax purposes and was formed to facilitate compliance with the requirements to be treated as a RIC under the Code by holding (directly or indirectly through a subsidiary) equity or equity related investments in portfolio companies organized as limited liability companies or limited partnerships. As of December 31, 2024, KDL Corp, LLC held no investments.
Use of Estimates	C. Use of Estimates
Cash and Cash Equivalents	D. Cash and Cash Equivalents
Investment Valuation, Fair Value	E. Investment Valuation, Fair Value Fair Value Measurement and Disclosures Pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors has designated the Advisor as the “valuation designee” to perform fair value determinations of the Company’s portfolio holdings, subject to oversight by and periodic reporting to the Board. The valuation designee performs fair valuation of the Company’s portfolio holdings in accordance with the Advisor’s Valuation Program, as approved by the Board. Traded Investments (Level 1 or Level 2) Investments for which market quotations are readily available will typically be valued at those market quotations. Traded investments such as corporate bonds, preferred stock, bank notes, broadly syndicated loans or loan participations are valued by using the bid price provided by an independent pricing service, by an independent broker, the agent bank, syndicate bank or principal market maker. When price quotes for investments are not available, or such prices are stale or do not represent fair value in the judgment of the Company’s Advisor, fair market value will be determined using the Advisor’s valuation process for investments that are privately issued or otherwise restricted as to resale. The Company may also invest, to a lesser extent, in equity securities purchased in conjunction with debt investments. While the Company anticipates these equity securities to be issued by privately held companies, the Company may hold equity securities that are publicly traded. Equity securities listed on any exchange other than the NASDAQ Stock Market, Inc. (“NASDAQ”) are valued, except as indicated below, at the last sale price on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the most recent bid and ask prices on such day. Securities admitted to trade on the NASDAQ are valued at the NASDAQ official closing price. Equity securities traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined at the close of the exchange representing the principal market for such securities. Equity securities traded in the over-the-counter market, but excluding securities admitted to trading on the NASDAQ, are valued at the closing bid prices. Non-Traded Investments (Level 3) Investments that are privately issued or otherwise restricted as to resale, as well as any security for which (a) reliable market quotations are not available in the judgment of the Company’s Advisor, or (b) the independent pricing service or independent broker does not provide prices or provides a price that in the judgment of the Company’s Advisor is stale or does not represent fair value, shall each be valued in a manner that most fairly reflects fair value of the security on the valuation date. The Company expects that a significant majority of its investments will be Level 3 investments. Unless otherwise determined by the Advisor, the following valuation process is used for the Company’s Level 3 investments: ● Valuation Designee ● Valuation Firm ● Oversight Determination of fair value involves subjective judgments and estimates. Accordingly, the notes to the Company’s financial statements express the uncertainty with respect to the possible effect of such valuations, and any change in such valuations, on the Company’s financial statements.
Interest Income Recognition	F. Interest Income Recognition Loans are generally placed on non-accrual status when it has been determined that a significant impairment in the financial condition and ability of the borrower to repay principal and interest has occurred and is expected to continue such that it is probable the collectability of full amount of the loan (principal and interest) is doubtful. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. If cash payments are received subsequent to a loan being placed on non-accrual status, these payments will first be applied to previously accrued but uncollected interest, then to recover the principal. Additionally, any original issue discount and market discount are no longer accreted to interest income as of the date the loan is placed on non-accrual status. Non-accrual loans are restored to accrual status when past due principal and interest are paid or there is no longer a reasonable doubt that such principal or interest will be collected in full and, in the Company’s judgment, principal and interest are likely to remain current. The Company may make exceptions to this policy if the loan has sufficient collateral value (i.e., typically measured as enterprise value of the portfolio company) or is in the process of collection. As of December 31, 2024 and December 31, 2023, the Company did not have any investments in portfolio companies on non-accrual status.
Debt Issuance Costs	G. Debt Issuance Costs
Dividends to Common Stockholders	H. Dividends to Common Stockholders
Income Taxes	I. Income Taxes The Company must pay distributions equal to 90% of its investment company taxable income (ordinary income and short-term capital gains) to qualify as a RIC and it must distribute all of its taxable income (ordinary income, short-term capital gains and long-term capital gains) to avoid federal income taxes. The Company will be subject to federal income tax on any undistributed portion of income. For purposes of the distribution test, the Company may elect to treat as paid on the last day of its taxable year all or part of any distributions that are declared after the end of its taxable year if such distributions are declared before the due date of its tax return, including any extensions. All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax. A distribution will be treated as paid during the calendar year if it is paid during the calendar year or declared by the Company in October, November or December of such year, payable to stockholders of record on a date during such months and paid by the Company no later than January of the following year. Any such distributions paid during January of the following year will be deemed to be received by stockholders on December 31 of the year the distributions are declared, rather than when the distributions are actually received. The Company evaluates tax positions taken or expected to be taken in the course of preparing its financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof.
Commitments and Contingencies	J. Commitments and Contingencies
Recent Accounting Pronouncements	K. Recent Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2024
Investments [Abstract]
Schedule of Investment Portfolio at Amortized Cost and Fair Value	The following table presents the composition of the Company’s investment portfolio at amortized cost and fair value as of December 31, 2024 and 2023. December 31, 2024 December 31, 2023 Amortized Fair Amortized Fair Cost Value Cost Value First-lien senior secured debt investments $ 257,420 $ 261,833 $ 174,235 $ 177,526 Short-term investments 13,440 13,440 4,715 4,715 Total Investments $ 270,860 $ 275,273 $ 178,950 $ 182,241
Schedule of Industry Composition of Long-Term Investments Based on Fair Value	The industry composition of long-term investments based on fair value as of December 31, 2024 and 2023 was as follows: December 31, 2024 December 31, 2023 Trading companies & distributors 20.9 % 21.4 % Commercial services & supplies 13.1 % 7.1 % Health care providers & services 12.3 % 9.5 % Food products 12.2 % 13.1 % Containers & packaging 7.2 % 9.0 % Aerospace & defense 6.0 % 6.1 % Leisure products 4.2 % 3.5 % Professional services 4.1 % 4.9 % Automobile components 3.9 % 1.5 % Personal care products 3.0 % - % Machinery 2.8 % 1.7 % Building products 2.0 % 0.9 % IT services 1.8 % 5.4 % Biotechnology 1.7 % 2.3 % Wireless telecommunication services 1.3 % 1.9 % Textiles, apparel & luxury goods 1.0 % 1.5 % Diversified telecommunication services 1.0 % 2.1 % Insurance 0.9 % 1.4 % Health care equipment & supplies 0.6 % 0.9 % Chemicals - % 2.4 % Software - % 1.7 % Capital markets - % 1.7 % 100.0 % 100.0 %

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2024
Fair Value [Abstract]
Schedule of Fair Value Hierarchy of Investments	The following tables present the fair value hierarchy of investments as of December 31, 2024 and 2023. Fair Value Hierarchy as of December 31, 2024 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 261,833 $ 261,833 Short-term investments 13,440 - - 13,440 Total Investments $ 13,440 $ - $ 261,833 $ 275,273 Fair Value Hierarchy as of December 31, 2023 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 177,526 $ 177,526 Short-term investments 4,715 - - 4,715 Total Investments $ 4,715 $ - $ 177,526 $ 182,241
Schedule of Fair Value of Investments Level 3 Inputs	The following tables present changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the years ended December 31, 2024 and 2023. First-lien senior secured For the year ended December 31, 2024 debt investments Fair value, beginning of period $ 177,526 Purchases of investments, including PIK, if any 121,652 Proceeds from sales of investments and principal repayments (40,135 ) Net change in unrealized gain (loss) 1,123 Net realized gain (loss) - Net accretion of discount on investments 1,667 Transfers into (out of) Level 3 - Fair value, end of period $ 261,833 First-lien senior secured For the year ended December 31, 2023 debt investments Fair value, beginning of period $ 107,312 Purchases of investments, including PIK, if any 88,027 Proceeds from sales of investments and principal repayments (19,947 ) Net change in unrealized gain (loss) 1,061 Net realized gain (loss) - Net accretion of discount on investments 1,073 Transfers into (out of) Level 3 - Fair value, end of period $ 177,526
Schedule of Significant Unobservable Inputs of Level 3 Investments	The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of December 31, 2024 and December 31, 2023. As of December 31, 2024 Valuation Unobservable Weighted Fair Value Technique Input Range Average First-lien senior secured debt investments $ 261,833 Discounted cash flow analysis Discount rate 8.4% - 15.0% 9.8 % As of December 31, 2023 Valuation Unobservable Weighted Fair Value Technique Input Range Average First-lien senior secured debt investments $ 177,526 Discounted cash flow analysis Discount rate 8.5% - 15.0% 9.8 %

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Debt [Abstract]
Schedule of Debt Obligations	Debt obligations consisted of the following as of December 31, 2024 and 2023. December 31, 2024 Aggregate Principal Committed Outstanding Principal Amount Available (1) Subscription Credit Facility $ 25,000 $ - $ 25,000 Total debt $ 25,000 $ - $ 25,000 December 31, 2023 Aggregate Outstanding Amount (1) Subscription Credit Facility $ 25,000 $ - $ 25,000 Total debt $ 25,000 $ - $ 25,000 (1) The amounts available under the Company’s credit facility reflect any limitations related to the Subscription Credit Facility’s borrowing base as of December 31, 2024 and 2023, respectively.

Share Transactions (Tables)

Share Transactions (Tables)	12 Months Ended
	Dec. 31, 2024
Share Transactions [Abstract]
Schedule of Common Stock Shares Issued and Aggregate Proceeds	The following tables summarize the number of common stock shares issued and aggregate proceeds received from such issuances related to the Company’s capital call notices pursuant to subscription agreements with investors for the years ended December 31, 2024, 2023 and 2022. See Note 13 – Subsequent Events. For the year ended December 31, 2024 Offering Aggregate price per Common stock offering Common stock issue date share shares issued amount February 15, 2024 $ 5,308 4,710 $ 25,000 July 3, 2024 $ 5,269 4,745 25,000 October 23, 2024 $ 5,259 4,754 25,000 Total common stock issued 14,209 $ 75,000 For the year ended December 31, 2023 Offering Aggregate price per Common stock offering Common stock issue date share shares issued amount February 28, 2023 $ 5,236 4,775 $ 25,000 August 10, 2023 $ 5,237 4,774 25,000 December 19, 2023 $ 5,328 2,815 15,000 Total common stock issued 12,364 $ 65,000 For the year ended December 31, 2022 Offering Aggregate price per Common stock offering Common stock issue date share shares issued amount June 29, 2022 $ 5,011 1,996 $ 10,000 October 14, 2022 $ 5,068 4,933 25,000 December 9, 2022 $ 5,205 4,803 25,000 Total common stock issued 11,732 $ 60,000
Schedule of Dividends Declared and Payable by the Company	The following tables summarize the dividends declared and payable by the Company for the years ended December 31, 2024, 2023 and 2022. See Note 13 - Subsequent Events. For the year ended December 31, 2024 Dividend Dividend declaration date Dividend record date Dividend payment date per share March 6, 2024 March 29, 2024 April 17, 2024 $ 136.00 May 8, 2024 June 28, 2024 July 15, 2024 137.00 August 7, 2024 September 30, 2024 October 15, 2024 165.00 November 6, 2024 December 31, 2024 January 15, 2025 139.00 Total dividends declared $ 577.00 For the year ended December 31, 2023 Dividend Dividend declaration date Dividend record date Dividend payment date per share March 7, 2023 March 31, 2023 April 14, 2023 $ 115.00 May 10, 2023 June 30, 2023 July 14, 2023 136.00 August 10, 2023 September 29, 2023 October 13, 2023 131.00 November 9, 2023 December 29, 2023 January 16, 2024 132.00 $ 514.00 For the year ended December 31, 2022 Dividend Dividend declaration date Dividend record date Dividend payment date per share April 19, 2022 April 20, 2022 July 27, 2022 $ 6.80 July 19, 2022 July 20, 2022 July 27, 2022 29.00 October 18, 2022 October 13, 2022 October 25, 2022 72.00 December 16, 2022 December 29, 2022 January 13, 2023 86.00 $ 193.80
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder	The following tables summarize the amounts received and shares of common stock issued to shareholders pursuant to the Company’s dividend reinvestment plan (“DRIP”) for the years ended December 31, 2024, 2023 and 2022. See Note 13 – Subsequent Events. For the year ended December 31, 2024 Dividend record date Dividend DRIP DRIP December 29, 2023 January 16, 2024 883 $ 4,616 March 29, 2024 April 17, 2024 1,047 5,509 June 28, 2024 July 15, 2024 162 854 September 30, 2024 October 15, 2024 218 1,149 2,310 $ 12,128 For the year ended December 31, 2023 Dividend DRIP payment shares DRIP Dividend record date date issued value December 29, 2022 January 13, 2023 340 $ 1,750 March 31, 2023 April 14, 2023 564 2,923 June 30, 2023 July 14, 2023 681 3,533 September 29, 2023 October 13, 2023 791 4,112 2,376 $ 12,318 For the year ended December 31, 2022 Dividend DRIP payment shares DRIP Dividend record date date issued value April 20, 2022 July 27, 2022 12 $ 58 July 20, 2022 July 27, 2022 60 304 October 13, 2022 October 25, 2022 150 761 222 $ 1,123

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies [Abstract]
Schedule of Summary of the Composition of the Unfunded Commitments	A summary of the composition of the unfunded commitments as of December 31, 2024 and 2023 is shown in the table below. As of As of December 31, 2024 December 31, 2023 Alcami Corporation (Alcami) $ 507 $ 891 Allcat Claims Service, LLC 1,829 460 Allentown, LLC 197 233 American Equipment Holdings LLC 338 - American Soccer Company, Incorporated (SCORE) 223 223 MRC Keystone Acquisition LLC (Automated Handing Solutions) 785 - Basel U.S. Acquisition Co., Inc. (IAC) 613 399 BCI Burke Holding Corp. - 618 OAO Acquisitions, Inc. (BearCom) 515 1,449 Bloomington Holdco, LLC (BW Fusion) 1,193 - BLP Buyer, Inc. (Bishop Lifting Products) 544 1,238 BR PJK Produce, LLC (Keany) - 482 Carton Packaging Buyer, Inc. 639 639 CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) 1,857 - CGI Automated Manufacturing, LLC 132 141 City Line Distributors, LLC 533 1,121 DISA Holdings Corp. (DISA) 534 940 Diverzify Intermediate, LLC 811 - EIS Legacy, LLC - 1,659 Energy Acquisition LP (Electrical Components International, Inc. - ECI) 281 - Envirotech Services, LLC 1,181 - Fastener Distribution Holdings, LLC 1,418 - FCA, LLC (FCA Packaging) - 288 Guardian Dentistry Partners 77 - Guided Practice Solutions: Dental, LLC (GPS) - 2,361 Gulf Pacific Holdings, LLC 154 870 IF&P Foods, LLC (FreshEdge) 431 237 Improving Acquisition LLC 327 328 Krayden Holdings, Inc. 1,812 1,812 Superior Intermediate LLC (Landmark Structures) 1,885 - Light Wave Dental Management LLC 792 227 LSL Industries, LLC (LSL Healthcare) 448 1,305 MacNeill Pride Group 260 1,184 ML Buyer, LLC (Mama Lycha Foods, LLC) 879 - NMA Holdings, LLC (Neuromonitoring Associates) 1,440 - Phoenix YW Buyer, Inc. (Elida Beauty) 444 - Pixel Intermediate, LLC 290 - Redwood MSO, LLC 597 - Refocus Management Services, LLC 1,227 - The Robinette Company 1,079 - Ruff Roofers Buyer, LLC 1,608 2,471 SGA Dental Partners Holdings, LLC - 1,121 Siegel Egg Co., LLC 80 85 Speedstar Holding LLC 111 - Tapco Buyer LLC 1,869 - US Anchors Group, Inc. (Mechanical Plastics Corp.) 579 - Vehicle Accessories, Inc. 150 - Workholding US Holdings, LLC (Forkardt Hardinge) 716 - Worldwide Produce Acquisition, LLC 423 1,285 Total unfunded commitments $ 31,808 $ 24,067

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Share of Common Stock	The following table sets forth the computation of basic and diluted earnings per share of common stock for the years ended December 31, 2024, 2023 and 2022. For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Net increase (decrease) in net assets resulting from operations $ 27,030 $ 16,654 $ 4,807 Weighted average shares of common stock outstanding - basic and diluted 44,402 27,779 11,046 Earnings (loss) per share of common stock - basic and diluted $ 609 $ 600 $ 435

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Taxes [Abstract]
Schedule of Distributions Paid to Stockholder	These reclassifications have no impact on net assets. For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Increase (decrease) in distributable earnings $ - $ 14 $ 137 Increase (decrease) in additional paid-in capital $ - $ (14 ) $ (137 )
Schedule of Increase in Net Assets	The following reconciles net increase in net assets resulting from operations to taxable income for the years ended December 31, 2024, 2023 and 2022: For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Net increase (decrease) in net assets resulting from operations $ 27,030 $ 16,654 $ 4,807 Net change in unrealized losses (gains) from investments (1,123 ) (1,061 ) (1,968 ) Non-deductible expenses, including excise taxes, offering costs disallowed - 14 137 Other book tax differences (13 ) (13 ) (14 ) Taxable income before deductions for distributions $ 25,894 $ 15,594 $ 2,962
Schedule of Distributions Paid to Stockholder	The tax character of distributions paid to stockholders during the tax years ended December 31, 2024, 2023 and 2022 were as follows. For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Ordinary income $ 26,236 $ 15,329 $ 2,901 Capital gains - - - Return of capital - - - Total $ 26,236 $ 15,329 $ 2,901
Schedule of Accumulated Earnings on a Tax Basis	For the years ended December 31, 2024, 2023 and 2022, the components of accumulated earnings on a tax basis were as follows: For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Undistributed net investment income (loss) $ - $ 325 $ 60 Undistributed capital gains - - - Capital loss carryforward - - - Other accumulated gain (loss) - - - Other temporary book / tax differences (183 ) (180 ) (192 ) Net unrealized appreciation (depreciation) 4,413 3,291 2,229 Total $ 4,230 $ 3,436 $ 2,097
Schedule of Unrealized Appreciation and Depreciation on Investment	As of December 31, 2024, 2023 and 2022, the Company’s aggregate unrealized appreciation and depreciation on investments based on cost for U.S. federal income tax purposes was as follows: For the years ended December 31, 2024 December 31, 2023 December 31, 2022 Tax cost $ 270,860 $ 178,950 $ 105,083 Gross unrealized appreciation 5,169 3,664 2,289 Gross unrealized depreciation (756 ) (373 ) (60 ) Net unrealized appreciation/(depreciation) on investments $ 4,413 $ 3,291 $ 2,229

Financial Highlights (Tables)

Financial Highlights (Tables)	12 Months Ended
	Dec. 31, 2024
Financial Highlights Disclosure [Abstract]
Schedule of Financial Highlights	The following is a schedule of financial highlights for the years ended December 31, 2024, 2023, 2022 and 2021. For the years ended December 31, (amounts in thousands, except share and per share amounts) 2024 2023 2022 2021 Per Common Share Operating Performance (1) Net Asset Value, Beginning of Period (2) $ 5,229 $ 5,153 $ 4,986 $ 4,976 Results of Operations: Net Investment Income (loss) 583 561 257 (58 ) Net Realized and Unrealized Gain (Loss) on investments (3) 24 29 104 68 Net Increase (Decrease) in Net Assets Resulting from Operations 607 590 361 10 Dividends to Common Stockholders Dividends from Net Investment Income (577 ) (514 ) (194 ) - Net Decrease in Net Assets Resulting from Dividends (577 ) (514 ) (194 ) - Net Asset Value, End of Period $ 5,259 $ 5,229 $ 5,153 $ 4,986 Shares Outstanding, End of Period 51,812 35,293 20,554 8,600 Ratio/Supplemental Data Net assets, end of period $ 272,473 $ 184,551 $ 105,908 $ 42,879 Weighted-average shares outstanding 44,402 27,779 11,046 6,600 Total Return (4) 12.1 % 11.9 % 7.3 % (0.3 %) Portfolio turnover 18.1 % 14.2 % 4.9 % 0.1 % Ratio of operating expenses to average net assets (5) 1.2 % 1.5 % 2.5 % N/M Ratio of net investment income (loss) to average net assets (5) 11.4 % 10.8 % 4.7 % N/M (1) The per common share data was derived by using weighted average shares outstanding. (2) For the year ended December 31, 2021, the initial offering price of $5,000 per share less $24 of organizational costs. (3) Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Consolidated Statement of Operations due to share transactions during the period. (4) Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share. The calculation also assumes reinvestment of dividends at actual prices pursuant to the Company’s dividend reinvestment plan. Total return is not annualized. (5) For the year ended December 31, 2021, not meaningful (N/M). The calculations of the ratio of operating expenses to average net assets and ratio of net investment income (loss) to average net assets are not meaningful, as the Company commenced investment operations on December 16, 2021 and therefore had 16 days of activity during 2021. The expenses of the Company consist primarily of non-recurring organizational expense and annual tax preparation and audit expense.

Organization (Details)

Organization (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)
Organization [Abstract]
Aggregate capital commitment	$ 353,535
Undrawn amount of capital commitment	$ 110,535

Significant Accounting Polici_2

Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Significant Accounting Policies [Line Items]
Paid-in-kind interest from portfolio investments (in Dollars)	$ 158
Aggregate interest income, percentage	0.60%
Percentage of investment company taxable income	90%
Percentage of non-deductible excise tax	4%
Third-Party [Member]
Significant Accounting Policies [Line Items]
Investment percentage	25%
Ordinary Income [Member]
Significant Accounting Policies [Line Items]
Percentage of non-deductible excise tax	98%
Net Capital Gains [Member]
Significant Accounting Policies [Line Items]
Percentage of non-deductible excise tax	98.20%

Agreements and Related Party _2

Agreements and Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Agreements and Related Party Transactions [Line Items]
Maturity period	1 year
Incurred management fees	$ 1,673	$ 1,051	$ 337
Equity contributions	$ 750
Management Fee [Member]
Agreements and Related Party Transactions [Line Items]
Percentage of base management fee annual rate	0.75%

Investments (Details)

Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Investments [Abstract]
Non-qualifying assets	$ 12,053	$ 4,600

Investments - Schedule of Inves

Investments - Schedule of Investment Portfolio at Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	$ 270,860	$ 178,950
Fair Value	275,273	182,241
First-Lien Senior Secured Debt Investments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	257,420	174,235
Fair Value	261,833	177,526
Short-Term Investments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	13,440	4,715
Fair Value	$ 13,440	$ 4,715

Investments - Schedule of Indus

Investments - Schedule of Industry Composition of Long-Term Investments Based on Fair Value (Details)	Dec. 31, 2024	Dec. 31, 2023
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	100%	100%
Trading companies & distributors [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	20.90%	21.40%
Commercial services & supplies [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	13.10%	7.10%
Health care providers & services [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	12.30%	9.50%
Food products [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	12.20%	13.10%
Containers & packaging [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	7.20%	9%
Aerospace & defense [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	6%	6.10%
Leisure products [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	4.20%	3.50%
Professional services [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	4.10%	4.90%
Automobile components [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	3.90%	1.50%
Personal care products [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	3%
Machinery [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	2.80%	1.70%
Building products [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	2%	0.90%
IT services [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	1.80%	5.40%
Biotechnology [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	1.70%	2.30%
Wireless telecommunication services [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	1.30%	1.90%
Textiles, apparel & luxury goods [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	1%	1.50%
Diversified telecommunication services [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	1%	2.10%
Insurance [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	0.90%	1.40%
Health care equipment & supplies [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage	0.60%	0.90%
Chemicals [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage		2.40%
Software [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage		1.70%
Capital markets [Member]
Schedule of Industry Composition of Long-Term Investments Based on Fair Value [Line Items]
Long-term investments fair value percentage		1.70%

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value Hierarchy of Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Fair Value Hierarchy of Investments [Line Items]
First-lien senior secured debt investments	$ 261,833	$ 177,526
Short-term investments	13,440	4,715
Total Investments	275,273	182,241
Level 1 [Member]
Schedule of Fair Value Hierarchy of Investments [Line Items]
First-lien senior secured debt investments
Short-term investments	13,440	4,715
Total Investments	13,440	4,715
Level 2 [Member]
Schedule of Fair Value Hierarchy of Investments [Line Items]
First-lien senior secured debt investments
Short-term investments
Total Investments
Level 3 [Member]
Schedule of Fair Value Hierarchy of Investments [Line Items]
First-lien senior secured debt investments	261,833	177,526
Short-term investments
Total Investments	$ 261,833	$ 177,526

Fair Value - Schedule of Fair_2

Fair Value - Schedule of Fair Value of Investments Level 3 Inputs (Details) - First-lien senior secured debt investments [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Schedule of Fair Value of Investments Level 3 Inputs [Line Items]
Fair value, beginning of period	$ 177,526	$ 107,312
Purchases of investments, including PIK, if any	121,652	88,027
Proceeds from sales of investments and principal repayments	(40,135)	(19,947)
Net change in unrealized gain (loss)	1,123	1,061
Net realized gain (loss)
Net accretion of discount on investments	1,667	1,073
Transfers into (out of) Level 3
Fair value, end of period	$ 261,833	$ 177,526

Fair Value - Schedule of Signif

Fair Value - Schedule of Significant Unobservable Inputs of Level 3 Investments (Details) - Level 3 [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Schedule of Significant Unobservable Inputs of Level 3 Investments [Line Items]
Fair Value (in Dollars)	$ 261,833	$ 177,526
Valuation Technique	Discounted cash flow analysis	Discounted cash flow analysis
Unobservable Input	Discount rate	Discount rate
Weighted Average	9.80%	9.80%
Minimum [Member]
Schedule of Significant Unobservable Inputs of Level 3 Investments [Line Items]
Range	8.40%	8.50%
Maximum [Member]
Schedule of Significant Unobservable Inputs of Level 3 Investments [Line Items]
Range	15%	15%

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Debt [Line Items]
Total commitment amount (in Dollars)	$ 25,000	$ 25,000
Subject to availability amount (in Dollars)	$ 25,000
Commitment fee, percentage	0.25%
Subscription Credit Facility [Member]
Debt [Line Items]
Total commitment amount (in Dollars)	$ 25,000
Subscription Credit Agreement [Member]
Debt [Line Items]
Maturity date	Feb. 21, 2025
Weighted average interest rate	7.43%	6.71%
SOFR [Member]
Debt [Line Items]
SOFR plus percentage	2.25%

Debt - Schedule of Debt Obligat

Debt - Schedule of Debt Obligations (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Schedule of Debt Obligations [Line Items]
Aggregate Principal Committed		$ 25,000	$ 25,000
Outstanding Principal
Amount Available	[1]	25,000	25,000
Subscription Credit Facility [Member]
Schedule of Debt Obligations [Line Items]
Aggregate Principal Committed		25,000	25,000
Outstanding Principal
Amount Available	[1]	$ 25,000	$ 25,000
[1]The amounts available under the Company’s credit facility reflect any limitations related to the Subscription Credit Facility’s borrowing base as of December 31, 2024 and 2023, respectively.

Share Transactions (Details)

Share Transactions (Details) - USD ($) $ in Thousands				12 Months Ended
	Nov. 06, 2024	Nov. 09, 2023	Dec. 16, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share Transactions [Line Items]
Aggregate capital commitment				$ 353,535
Undrawn commitments				110,535
Shares issued (in Shares)	203	883	340
DRIP value	$ 1,070	$ 4,616		$ 12,128	$ 12,318	$ 1,123
S 2024 FY Dividends [Member]
Share Transactions [Line Items]
Date of Dividend declared	Jan. 15, 2025
S 2023 FY Dividends [Member]
Share Transactions [Line Items]
Date of Dividend declared		Jan. 16, 2024
S 2022 FY Dividends [Member]
Share Transactions [Line Items]
Date of Dividend declared			Jan. 13, 2023
DRIP value			$ 1,750

Share Transactions - Schedule o

Share Transactions - Schedule of Common Stock Shares Issued and Aggregate Proceeds (Details) - Common Stock [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Common stock shares issued	14,209	12,364	11,732
Aggregate offering amount	$ 75,000	$ 65,000	$ 60,000
February 15, 2024 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share	$ 5,308
Common stock shares issued	4,710
Aggregate offering amount	$ 25,000
July 3, 2024 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share	$ 5,269
Common stock shares issued	4,745
Aggregate offering amount	$ 25,000
October 23, 2024 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share	$ 5,259
Common stock shares issued	4,754
Aggregate offering amount	$ 25,000
February 28, 2023 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share		$ 5,236
Common stock shares issued		4,775
Aggregate offering amount		$ 25,000
August 10, 2023 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share		$ 5,237
Common stock shares issued		4,774
Aggregate offering amount		$ 25,000
December 19, 2023 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share		$ 5,328
Common stock shares issued		2,815
Aggregate offering amount		$ 15,000
June 29, 2022 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share			$ 5,011
Common stock shares issued			1,996
Aggregate offering amount			$ 10,000
October 14, 2022 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share			$ 5,068
Common stock shares issued			4,933
Aggregate offering amount			$ 25,000
December 9, 2022 [Member]
Schedule of Common Stock Shares Issued and Aggregate Proceeds [Line Items]
Offering price per share			$ 5,205
Common stock shares issued			4,803
Aggregate offering amount			$ 25,000

Share Transactions - Schedule_2

Share Transactions - Schedule of Dividends Declared and Payable by the Company (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend per share	$ 577	$ 514	$ 193.8
O 2024 FY Dividends [Member] | March 6, 2024 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date	Mar. 29, 2024
Dividend payment date	Apr. 17, 2024
Dividend per share	$ 136
O 2024 FY Dividends [Member] | May 8, 2024 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date	Jun. 28, 2024
Dividend payment date	Jul. 15, 2024
Dividend per share	$ 137
O 2024 FY Dividends [Member] | August 7, 2024 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date	Sep. 30, 2024
Dividend payment date	Oct. 15, 2024
Dividend per share	$ 165
O 2024 FY Dividends [Member] | November 6, 2024 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date	Dec. 31, 2024
Dividend payment date	Jan. 15, 2025
Dividend per share	$ 139
O 2023 FY Dividends [Member] | March 7, 2023 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date		Mar. 31, 2023
Dividend payment date		Apr. 14, 2023
Dividend per share		$ 115
O 2023 FY Dividends [Member] | May 10, 2023 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date		Jun. 30, 2023
Dividend payment date		Jul. 14, 2023
Dividend per share		$ 136
O 2023 FY Dividends [Member] | August 10, 2023 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date		Sep. 29, 2023
Dividend payment date		Oct. 13, 2023
Dividend per share		$ 131
O 2023 FY Dividends [Member] | November 9, 2023 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date		Dec. 29, 2023
Dividend payment date		Jan. 16, 2024
Dividend per share		$ 132
O 2022 FY Dividends [Member] | April 19, 2022 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date			Apr. 20, 2022
Dividend payment date			Jul. 27, 2022
Dividend per share			$ 6.8
O 2022 FY Dividends [Member] | July 19, 2022 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date			Jul. 20, 2022
Dividend payment date			Jul. 27, 2022
Dividend per share			$ 29
O 2022 FY Dividends [Member] | October 18, 2022 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date			Oct. 13, 2022
Dividend payment date			Oct. 25, 2022
Dividend per share			$ 72
O 2022 FY Dividends [Member] | December 16, 2022 [Member]
Schedule of Dividends Declared and Payable by the Company [Line Items]
Dividend record date			Dec. 29, 2022
Dividend payment date			Jan. 13, 2023
Dividend per share			$ 86

Share Transactions - Schedule_3

Share Transactions - Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
O 2024 FY Dividends [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
DRIP shares issued	2,310
DRIP value	$ 12,128
O 2024 FY Dividends [Member] | December 29, 2023 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date	Jan. 16, 2024
DRIP shares issued	883
DRIP value	$ 4,616
O 2024 FY Dividends [Member] | March 29, 2024 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date	Apr. 17, 2024
DRIP shares issued	1,047
DRIP value	$ 5,509
O 2024 FY Dividends [Member] | June 28, 2024 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date	Jul. 15, 2024
DRIP shares issued	162
DRIP value	$ 854
O 2024 FY Dividends [Member] | September 30, 2024 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date	Oct. 15, 2024
DRIP shares issued	218
DRIP value	$ 1,149
O 2023 FY Dividends [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
DRIP shares issued		2,376
DRIP value		$ 12,318
O 2023 FY Dividends [Member] | December 29, 2022 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date		Jan. 13, 2023
DRIP shares issued		340
DRIP value		$ 1,750
O 2023 FY Dividends [Member] | March 31, 2023 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date		Apr. 14, 2023
DRIP shares issued		564
DRIP value		$ 2,923
O 2023 FY Dividends [Member] | June 30, 2023 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date		Jul. 14, 2023
DRIP shares issued		681
DRIP value		$ 3,533
O 2023 FY Dividends [Member] | September 29, 2023 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date		Oct. 13, 2023
DRIP shares issued		791
DRIP value		$ 4,112
O 2022 FY Dividends [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
DRIP shares issued			222
DRIP value			$ 1,123
O 2022 FY Dividends [Member] | April 20, 2022 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date			Jul. 27, 2022
DRIP shares issued			12
DRIP value			$ 58
O 2022 FY Dividends [Member] | July 20, 2022 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date			Jul. 27, 2022
DRIP shares issued			60
DRIP value			$ 304
O 2022 FY Dividends [Member] | October 13, 2022 [Member]
Schedule of Amounts Received and Shares of Common Stock Issued to Shareholder [Line Items]
Dividend payment date			Oct. 25, 2022
DRIP shares issued			150
DRIP value			$ 761

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Unfunded Loan Commitment [Member]
Commitments and Contingencies [Line Items]
Unfunded commitments	$ 31,808	$ 24,067

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Summary of the Composition of the Unfunded Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	$ 31,808	$ 24,067
Alcami Corporation (Alcami) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	507	891
Allcat Claims Service, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,829	460
Allentown, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	197	233
American Equipment Holdings LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	338
American Soccer Company, Incorporated (SCORE) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	223	223
MRC Keystone Acquisition LLC (Automated Handing Solutions) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	785
Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	613	399
BCI Burke Holding Corp. [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments		618
OAO Acquisitions, Inc. (BearCom) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	515	1,449
Bloomington Holdco, LLC (BW Fusion) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,193
BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	544	1,238
BR PJK Produce, LLC (Keany) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments		482
Carton Packaging Buyer, Inc. [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	639	639
CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,857
CGI Automated Manufacturing, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	132	141
City Line Distributors, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	533	1,121
DISA Holdings Corp. (DISA) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	534	940
Diverzify Intermediate, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	811
EIS Legacy, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments		1,659
Energy Acquisition LP (Electrical Components International, Inc. - ECI) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	281
Envirotech Services, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,181
Fastener Distribution Holdings, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,418
FCA, LLC (FCA Packaging) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments		288
Guardian Dentistry Partners [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	77
Guided Practice Solutions: Dental, LLC (GPS) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments		2,361
Gulf Pacific Holdings, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	154	870
IF&P Foods, LLC (FreshEdge) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	431	237
Improving Acquisition LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	327	328
Krayden Holdings, Inc.[Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,812	1,812
Superior Intermediate LLC (Landmark Structures) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,885
Light Wave Dental Management LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	792	227
LSL Industries, LLC (LSL Healthcare) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	448	1,305
MacNeill Pride Group Corp. [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	260	1,184
ML Buyer, LLC (Mama Lycha Foods, LLC) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	879
NMA Holdings, LLC (Neuromonitoring Associates) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,440
Phoenix YW Buyer, Inc. (Elida Beauty) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	444
Pixel Intermediate, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	290
Redwood MSO, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	597
Refocus Management Services, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,227
The Robinette Company [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,079
Ruff Roofers Buyer, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,608	2,471
SGA Dental Partners Holdings, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments		1,121
Siegel Egg Co., LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	80	85
Speedstar Holding LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	111
Tapco Buyer LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	1,869
US Anchors Group, Inc. (Mechanical Plastics Corp.) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	579
Vehicle Accessories, Inc. [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	150
Workholding US Holdings, LLC (Forkardt Hardinge) [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	716
Worldwide Produce Acquisition, LLC [Member]
Schedule of summary of the Composition of the Unfunded Commitments [Line Items]
Total unfunded commitments	$ 423	$ 1,285

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation of Basic and Diluted Earnings Per Share of Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Computation of Basic and Diluted Earnings Per Share of Common Stock [Abstract]
Net increase (decrease) in net assets resulting from operations	$ 27,030	$ 16,654	$ 4,807
Weighted average shares of common stock outstanding - basic	44,402	27,779	11,046
Weighted average shares of common stock outstanding - diluted	44,402	27,779	11,046
Earnings (loss) per share of common stock - basic	$ 609	$ 600	$ 435
Earnings (loss) per share of common stock - diluted	$ 609	$ 600	$ 435

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Taxes [Abstract]
Percentage of effective income tax rate excise tax	4%
U.S. federal excise tax		$ 14

Income Taxes - Schedule of Impa

Income Taxes - Schedule of Impact on Net Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Impact on Net Assets [Abstract]
Increase (decrease) in distributable earnings		$ 14	$ 137
Increase (decrease) in additional paid-in capital		$ (14)	$ (137)

Income Taxes - Schedule of Incr

Income Taxes - Schedule of Increase in Net Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Increase in Net Assets [Abstract]
Net increase (decrease) in net assets resulting from operations	$ 27,030	$ 16,654	$ 4,807
Net change in unrealized losses (gains) from investments	(1,123)	(1,061)	(1,968)
Non-deductible expenses, including excise taxes, offering costs disallowed		14	137
Other book tax differences	(13)	(13)	(14)
Taxable income before deductions for distributions	$ 25,894	$ 15,594	$ 2,962

Income Taxes - Schedule of Dist

Income Taxes - Schedule of Distributions Paid to Stockholder (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Distributions Paid to Stockholder [Abstract]
Ordinary income	$ 26,236	$ 15,329	$ 2,901
Capital gains
Return of capital
Total	$ 26,236	$ 15,329	$ 2,901

Income Taxes - Schedule of Accu

Income Taxes - Schedule of Accumulated Earnings on a Tax Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Accumulated Earnings on a Tax Basis [Abstract]
Undistributed net investment income (loss)		$ 325	$ 60
Undistributed capital gains
Capital loss carryforward
Other accumulated gain (loss)
Other temporary book / tax differences	(183)	(180)	(192)
Net unrealized appreciation (depreciation)	4,413	3,291	2,229
Total	$ 4,230	$ 3,436	$ 2,097

Income Taxes - Schedule of Unre

Income Taxes - Schedule of Unrealized Appreciation and Depreciation on Investment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Unrealized Appreciation and Depreciation on Investment [Abstract]
Tax cost	$ 270,860	$ 178,950	$ 105,083
Gross unrealized appreciation	5,169	3,664	2,289
Gross unrealized depreciation	(756)	(373)	(60)
Net unrealized appreciation/(depreciation) on investments	$ 4,413	$ 3,291	$ 2,229

Financial Highlights (Details)

Financial Highlights (Details) - IPO [Member] $ / shares in Units, $ in Thousands	Dec. 31, 2021 USD ($) $ / shares
Financial Highlights [Line Items]
Initial offering price per share | $ / shares	$ 5,000
Organizational costs | $	$ 24

Financial Highlights - Schedule

Financial Highlights - Schedule of Financial Highlights (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Per Common Share Operating Performance (1)
Net Asset Value, Beginning of Period	[1],[2]	$ 5,229	$ 5,153		$ 4,986		$ 4,976
Results of Operations:
Net Investment Income (loss)	[2]	583	561		257		(58)
Net Realized and Unrealized Gain (Loss) on investments	[2],[3]	24	29		104		68
Net Increase (Decrease) in Net Assets Resulting from Operations	[2]	607	590		361		10
Dividends to Common Stockholders
Dividends from Net Investment Income	[2]	(577)	(514)		(194)
Net Decrease in Net Assets Resulting from Dividends	[2]	(577)	(514)		(194)
Net Asset Value, End of Period	[2]	$ 5,259	$ 5,229	[1]	$ 5,153	[1]	$ 4,986	[1]
Shares Outstanding, End of Period (in Shares)	[2]	51,812	35,293		20,554		8,600
Ratio/Supplemental Data
Net assets, end of period (in Dollars)		$ 272,473	$ 184,551		$ 105,908		$ 42,879
Weighted-average shares outstanding (in Shares)		44,402	27,779		11,046		6,600
Total Return	[4]	12.10%	11.90%		7.30%		(0.30%)
Portfolio turnover		18.10%	14.20%		4.90%		0.10%
Ratio of operating expenses to average net assets	[5]	1.20%	1.50%		2.50%
Ratio of net investment income (loss) to average net assets	[5]	11.40%	10.80%		4.70%
[1] For the year ended December 31, 2021, the initial offering price of $5,000 per share less $24 of organizational costs. The per common share data was derived by using weighted average shares outstanding. Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Consolidated Statement of Operations due to share transactions during the period. Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share. The calculation also assumes reinvestment of dividends at actual prices pursuant to the Company’s dividend reinvestment plan. Total return is not annualized. For the year ended December 31, 2021, not meaningful (N/M). The calculations of the ratio of operating expenses to average net assets and ratio of net investment income (loss) to average net assets are not meaningful, as the Company commenced investment operations on December 16, 2021 and therefore had 16 days of activity during 2021. The expenses of the Company consist primarily of non-recurring organizational expense and annual tax preparation and audit expense.

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] - USD ($) $ / shares in Units, $ in Thousands	Feb. 21, 2025	Feb. 13, 2025	Jan. 15, 2025	Apr. 15, 2025	Feb. 19, 2025
Subsequent Events [Line Items]
Dividend per share (in Dollars per share)			$ 139		$ 132
Distribution amount			$ 7,202
Dividend reinvested			$ 1,070
Reinvestment of issuance share (in Shares)			203
Number of shares sold (in Shares)		4,754
Aggregate offering price		$ 25,000
Aggregate capital commitment		353,535
Undrawn amount		$ 85,535
Maturing date	Feb. 20, 2026
Forecast [Member]
Subsequent Events [Line Items]
Dividend per share (in Dollars per share)				$ 132