Muzinich Direct Lending Income Fund 10-Q12 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2024	Nov. 12, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Information [Line Items]
Entity Registrant Name	Muzinich Corporate Lending Income Fund, Inc.
Entity Central Index Key	0001985375
Securities Act File Number	814-01659
Entity Tax Identification Number	93-2545381
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-31
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 Contact Personnel [Line Items]
Entity Address, Address Line One	450 Park Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
Entity Phone Fax Numbers [Line Items]
City Area Code	(212)
Local Phone Number	888-3413
Entity Listings [Line Items]
No Trading Symbol Flag	true
Security Exchange Name	NONE
Title of 12(g) Security	Common Stock, par value $0.001 per share
Entity Common Stock, Shares Outstanding		91,765.1

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Assets:
Non-controlled/non-affiliated investments, at fair value (amortized cost of $66,676,002 and $0, respectively)	$ 67,342,432
Cash and cash equivalents	10,312,219	1,000
Receivables:
Interest and other	736,416
Total Assets	78,391,067	1,000
Liabilities:
Management fees payable	226,972
Organizational and offering fees payable	13,775
Professional fees payable	259,461
Securities purchased	4,989,478
Incentive fees payable	90,052
Accrued other general and administrative expenses	45,515
Total Liabilities	5,625,253
Commitments and Contingencies (Note 4)
Net Assets:
Preferred Shares, $0.001 par value; 15,000 shares authorized, and 0 shares issued and outstanding as of September 30, 2024 and December 31, 2023
Common Shares, $0.001 par value; 1,000,000 shares authorized, 72,054.6 shares issued and outstanding as of September 30, 2024; and 1,000,000 shares authorized, 1 share issued and outstanding as of December 31, 2023	72
Additional paid-in capital	72,054,625	1,000
Total distributable (accumulated) earnings (losses)	711,117
Total Net Assets	72,765,814	1,000
Total Liabilities and Net Assets	$ 78,391,067	$ 1,000
Net Asset Value Per Share (in Dollars per share)	$ 1,009.87	$ 1,000

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parentheticals) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Assets:
Amortized cost (in Dollars)	$ 66,676,002	$ 0
Preferred shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred shares, shares authorized	15,000	15,000
Preferred shares, shares issued	0	0
Preferred shares, shares outstanding	0	0
Common shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Common shares, shares authorized	1,000,000	1,000,000
Common shares, shares issued	72,054.6	1
Common shares, shares outstanding	72,054.6	1

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
Consolidated Statements of Operations (Unaudited) - USD ($)	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Investment Income
Interest income		$ 1,389,351	$ 4,488,529
Total investment income from non-controlled/non-affiliated investments and cash equivalents:		1,389,351	4,488,529
Total Investment Income		1,389,351	4,488,529
Expenses:
Management fees		226,972	627,602
Organizational fees (Note 3)			175,257
Offering fees (Note 3)			190,205
Professional fees		178,274	627,875
Directors’ fees and expenses		45,000	135,000
Purchased accrued interest expense		162,172	1,188,071
Incentive fees expense		75,306	90,052
Other general and administrative expenses		112,412	179,914
Total Expenses		800,136	3,213,976
Net Investment Income		589,215	1,274,553
Net Realized gains/(losses) and unrealized appreciation/(depreciation) on investments
Non-controlled/non-affiliated investments		51,719	53,430
Total net realized gains/(losses)		51,719	53,430
Net change in unrealized appreciation/(depreciation):
Non-controlled/non-affiliated investments		550,208	666,429
Total net change in unrealized appreciation/(depreciation)		550,208	666,429
Total net realized gains/(losses) and unrealized appreciation/(depreciation) on investments		601,927	719,859
Net Increase (Decrease) in Net Assets Resulting from Operations		$ 1,191,142	$ 1,994,412
Basic net investment income (loss) per common share (in Dollars per share)		$ 8.18	$ 18.94
Diluted net investment income (loss) per common share (in Dollars per share)		8.18	18.94
Basic net increase (decrease) in net assets resulting from operations per common share (in Dollars per share)		16.53	29.64
Diluted net increase (decrease) in net assets resulting from operations per common share (in Dollars per share)		$ 16.53	$ 29.64
Weighted Average Common Shares Outstanding - Basic (See Note 8) (in Shares)	1	72,039.2	67,287.7
Weighted Average Common Shares Outstanding - Diluted (in Shares)	1	72,039.2	67,287.7

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Increase (Decrease) in Net Assets Resulting from Operations:
Net investment income		$ 589,215	$ 1,274,553
Total net realized gains/(losses)		51,719	53,430
Total net change in unrealized appreciation/(depreciation)		550,208	666,429
Net Increase (Decrease) in Net Assets Resulting from Operations		1,191,142	1,994,412
Decrease in Net Assets Resulting from Stockholder Distributions
Dividends and distributions to stockholders		(690,727)	(1,283,295)
Dividends and distributions reinvested		29,007	53,697
Net Decrease in Net Assets Resulting from Stockholder Distributions		(661,720)	(1,229,598)
Increase in Net Assets Resulting from Capital Share Transactions
Issuance of common shares	1,000		72,000,000
Net Increase in Net Assets Resulting from Capital Share Transactions	1,000		72,000,000
Total Increase in Net Assets	1,000	529,422	72,764,814
Net Assets, Beginning of Period		72,236,392	1,000
Net Assets, End of Period	$ 1,000	$ 72,765,814	$ 72,765,814
Net asset value per share (in Dollars per share)	$ 1,000	$ 1,009.87	$ 1,009.87
Common shares outstanding at the end of the Period (in Shares)	1	72,054.6	72,054.6

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($)	1 Months Ended	9 Months Ended
Consolidated Statement of Cash Flows (Unaudited) - USD ($)	Sep. 30, 2023	Sep. 30, 2024
Cash Flows from Operating Activities:
Net increase (decrease) in net assets resulting from operations		$ 1,994,412
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Net change in unrealized (appreciation)/depreciation on investments		(666,429)
Net realized (gains)/losses on investments		(53,430)
Net accretion of discount and amortization of premium on investments		(471,201)
Purchases and drawdowns of investments		(168,794,315)
Sales and maturities of and principal paydowns on investments		102,642,943
Changes in operating assets and liabilities:
Interest and other		(736,416)
Management fees payable		226,972
Organizational and offering fees payable		13,775
Professional fees payable		259,461
Securities purchased		4,989,478
Incentive fees payable		90,052
Accrued other general and administrative expenses		45,515
Net cash provided by (used in) operating activities		(60,459,183)
Cash Flows from Financing Activities:
Distributions paid in cash		(1,283,295)
Distributions reinvested		53,697
Proceeds from issuance of common shares	1,000	72,000,000
Cash provided by (used in) financing activities	1,000	70,770,402
Net increase (decrease) in cash and cash equivalents	1,000	10,311,219
Cash and cash equivalents, beginning of period		1,000
Cash and cash equivalents, end of period	$ 1,000	$ 10,312,219

Consolidated Schedule of Invest

Consolidated Schedule of Investments (Unaudited)	9 Months Ended
Consolidated Schedule of Investments (Unaudited)	Sep. 30, 2024 USD ($)
Corporate Bond Investments
Cost	$ 66,676,002
Percentage of Net Assets	82.20%
Interest Rate/Discount Rate	100%
Corporate Bond Investments [Member] \| Total Non-Controlled/Non-Affiliated Investments [Member]
Corporate Bond Investments
Cost	$ 41,315,505	[1]
Principal / Units	$ 41,615,083
Percentage of Net Assets	57.50%
Fair Value	$ 41,895,576	[2]
Short-Term Investments [Member]
Corporate Bond Investments
Cost	7,433,255	[1]
Principal / Units	$ 7,450,000
Percentage of Net Assets	10.30%
Fair Value	$ 7,434,984	[2]
Short-Term Investments [Member] \| United States Treasury Bill [Member]
Corporate Bond Investments
Cost	2,733,255	[1],[2]
Principal / Units	$ 2,750,000	[2]
Percentage of Net Assets	3.80%	[2]
Fair Value	$ 2,734,984	[2]
Interest Rate/Discount Rate	4.71%	[2]
LIBOR Floor		[2]
Maturity/ Expiration Date	Nov. 12, 2024	[2]
Acquisition Date	Jul. 16, 2024	[2]
Spread Above Index		[2]
Short-Term Investments [Member] \| United States Treasury Bill One [Member]
Corporate Bond Investments
Cost	$ 4,700,000	[1],[2]
Principal / Units	$ 4,700,000	[2]
Percentage of Net Assets	6.50%	[2]
Fair Value	$ 4,700,000	[2]
Interest Rate/Discount Rate	5.38%	[2]
LIBOR Floor		[2]
Maturity/ Expiration Date	Oct. 01, 2024	[2]
Acquisition Date	Jun. 06, 2024	[2]
Spread Above Index		[2]
Services [Member]
Corporate Bond Investments
Percentage of Net Assets	3.10%
Services [Member] \| Corporate Bond Investments [Member] \| Allied Universal Holdco [Member]
Corporate Bond Investments
Cost	$ 1,009,217	[1]
Principal / Units	$ 1,000,000
Percentage of Net Assets	1.40%
Fair Value	$ 1,021,699	[2]
Interest Rate/Discount Rate	7.88%
LIBOR Floor
Maturity/ Expiration Date	Feb. 15, 2031
Spread Above Index	N/A
Services [Member] \| Corporate Bond Investments [Member] \| Wash Multifam Acq Inc [Member]
Corporate Bond Investments
Cost	$ 1,240,978	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,243,639	[2]
Interest Rate/Discount Rate	5.75%
LIBOR Floor
Maturity/ Expiration Date	Apr. 15, 2026
Spread Above Index	N/A
Utilities [Member]
Corporate Bond Investments
Percentage of Net Assets	1.10%
Utilities [Member] \| Corporate Bond Investments [Member] \| Alpha Generation Llc [Member]
Corporate Bond Investments
Cost	$ 175,000	[1]
Principal / Units	$ 175,000
Percentage of Net Assets	0.20%
Fair Value	$ 177,632	[2]
Interest Rate/Discount Rate	6.75%
LIBOR Floor
Maturity/ Expiration Date	Oct. 15, 2032
Acquisition Date	Sep. 30, 2024
Spread Above Index	N/A
Utilities [Member] \| Corporate Bond Investments [Member] \| Lightning Power Llc [Member]
Corporate Bond Investments
Cost	$ 600,000	[1]
Principal / Units	$ 600,000
Percentage of Net Assets	0.90%
Fair Value	$ 629,952	[2]
Interest Rate/Discount Rate	7.25%
LIBOR Floor
Maturity/ Expiration Date	Aug. 15, 2032
Spread Above Index	N/A
Airlines [Member]
Corporate Bond Investments
Percentage of Net Assets	1.30%
Airlines [Member] \| Corporate Bond Investments [Member] \| American Airlines/aadvan [Member]
Corporate Bond Investments
Cost	$ 968,534	[1]
Principal / Units	$ 977,083
Percentage of Net Assets	1.30%
Fair Value	$ 975,667	[2]
Interest Rate/Discount Rate	5.50%
LIBOR Floor
Maturity/ Expiration Date	Apr. 20, 2026
Acquisition Date	Jan. 23, 2024
Spread Above Index	N/A
Energy [Member]
Corporate Bond Investments
Percentage of Net Assets	9.50%
Energy [Member] \| Corporate Bond Investments [Member] \| Antero Resources Corp [Member]
Corporate Bond Investments
Cost	$ 1,257,596	[1]
Principal / Units	$ 1,225,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,257,156	[2]
Interest Rate/Discount Rate	8.38%
LIBOR Floor
Maturity/ Expiration Date	Jul. 15, 2026
Acquisition Date	Jan. 24, 2024
Spread Above Index	N/A
Energy [Member] \| Corporate Bond Investments [Member] \| Buckeye Partners Lp [Member]
Corporate Bond Investments
Cost	$ 847,202	[1]
Principal / Units	$ 855,000
Percentage of Net Assets	1.20%
Fair Value	$ 847,915	[2]
Interest Rate/Discount Rate	4.13%
LIBOR Floor
Maturity/ Expiration Date	Mar. 01, 2025
Acquisition Date	Jan. 23, 2024
Spread Above Index	N/A
Energy [Member] \| Corporate Bond Investments [Member] \| Harvest Midstream I Lp [Member]
Corporate Bond Investments
Cost	$ 1,218,342	[1]
Principal / Units	$ 1,200,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,228,228	[2]
Interest Rate/Discount Rate	7.50%
LIBOR Floor
Maturity/ Expiration Date	Sep. 01, 2028
Acquisition Date	Jun. 27, 2024
Spread Above Index	N/A
Energy [Member] \| Corporate Bond Investments [Member] \| Howard Midstream Energy [Member]
Corporate Bond Investments
Cost	$ 1,269,214	[1]
Principal / Units	$ 1,200,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,272,598	[2]
Interest Rate/Discount Rate	8.88%
LIBOR Floor
Maturity/ Expiration Date	Jul. 15, 2028
Acquisition Date	Jun. 27, 2024
Spread Above Index	N/A
Energy [Member] \| Corporate Bond Investments [Member] \| Rockies Express Pipeline [Member]
Corporate Bond Investments
Cost	$ 1,280,392	[1]
Principal / Units	$ 1,300,000
Percentage of Net Assets	1.80%
Fair Value	$ 1,277,830	[2]
Interest Rate/Discount Rate	3.60%
LIBOR Floor
Maturity/ Expiration Date	May 15, 2025
Acquisition Date	Jan. 23, 2024
Spread Above Index	N/A
Energy [Member] \| Corporate Bond Investments [Member] \| Venture Global Lng Inc [Member]
Corporate Bond Investments
Cost	$ 1,000,000	[1]
Principal / Units	$ 1,000,000
Percentage of Net Assets	1.40%
Fair Value	$ 1,021,507	[2]
Interest Rate/Discount Rate	7%
LIBOR Floor
Maturity/ Expiration Date	Jan. 15, 2030
Spread Above Index	N/A
Restaurants [Member]
Corporate Bond Investments
Percentage of Net Assets	3.40%
Restaurants [Member] \| Corporate Bond Investments [Member] \| Brinker International In [Member]
Corporate Bond Investments
Cost	$ 1,250,000	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,250,000	[2]
Interest Rate/Discount Rate	5%
LIBOR Floor
Maturity/ Expiration Date	Oct. 01, 2024
Acquisition Date	Jan. 23, 2024
Spread Above Index	N/A
Restaurants [Member] \| Corporate Bond Investments [Member] \| Dave & Buster’s Inc [Member]
Corporate Bond Investments
Cost	$ 1,226,991	[1]
Principal / Units	$ 1,225,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,225,773	[2]
Interest Rate/Discount Rate	7.63%
LIBOR Floor
Maturity/ Expiration Date	Nov. 01, 2025
Acquisition Date	Jan. 24, 2024
Spread Above Index	N/A
Leisure [Member]
Corporate Bond Investments
Percentage of Net Assets	1.70%
Leisure [Member] \| Corporate Bond Investments [Member] \| Carnival Corp [Member]
Corporate Bond Investments
Cost	$ 1,206,871	[1]
Principal / Units	$ 1,200,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,211,622	[2]
Interest Rate/Discount Rate	7.63%
LIBOR Floor
Maturity/ Expiration Date	Mar. 01, 2026
Acquisition Date	Feb. 23, 2024
Spread Above Index	N/A
Homebuilders/Real Estate [Member]
Corporate Bond Investments
Percentage of Net Assets	8.50%
Homebuilders/Real Estate [Member] \| Corporate Bond Investments [Member] \| Century Communities [Member]
Corporate Bond Investments
Cost	$ 1,226,692	[1]
Principal / Units	$ 1,225,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,236,863	[2]
Interest Rate/Discount Rate	6.75%
LIBOR Floor
Maturity/ Expiration Date	Jun. 01, 2027
Acquisition Date	Feb. 15, 2024
Spread Above Index	N/A
Homebuilders/Real Estate [Member] \| Corporate Bond Investments [Member] \| Ladder Cap Fin Lllp/corp [Member]
Corporate Bond Investments
Cost	$ 1,236,094	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,246,260	[2]
Interest Rate/Discount Rate	5.25%
LIBOR Floor
Maturity/ Expiration Date	Oct. 01, 2025
Spread Above Index	N/A
Homebuilders/Real Estate [Member] \| Corporate Bond Investments [Member] \| Service Properties Trust [Member]
Corporate Bond Investments
Cost	$ 1,219,354	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,228,455	[2]
Interest Rate/Discount Rate	5.25%
LIBOR Floor
Maturity/ Expiration Date	Feb. 15, 2026
Spread Above Index	N/A
Homebuilders/Real Estate [Member] \| Corporate Bond Investments [Member] \| Shea Homes Lp/fndg Cp [Member]
Corporate Bond Investments
Cost	$ 1,431,898	[1]
Principal / Units	$ 1,500,000
Percentage of Net Assets	2%
Fair Value	$ 1,467,099	[2]
Interest Rate/Discount Rate	4.75%
LIBOR Floor
Maturity/ Expiration Date	Feb. 15, 2028
Spread Above Index	N/A
Homebuilders/Real Estate [Member] \| Senior Secured Loan Debt Investments [Member] \| Cushman & Wakefield US Borrower LLC [Member]
Corporate Bond Investments
Cost	$ 1,007,127	[1]
Principal / Units	$ 1,000,000
Percentage of Net Assets	1.40%
Fair Value	$ 999,170	[2]
Interest Rate/Discount Rate	8.66%
LIBOR Floor	0.50%
Maturity/ Expiration Date	Jan. 31, 2030
Acquisition Date	May 06, 2024
Spread Above Index	1 Month SOFR USD +3.75%
Technology [Member]
Corporate Bond Investments
Percentage of Net Assets	6.80%
Technology [Member] \| Corporate Bond Investments [Member] \| Cloud Software Grp Inc [Member]
Corporate Bond Investments
Cost	$ 1,199,078	[1]
Principal / Units	$ 1,175,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,227,722	[2]
Interest Rate/Discount Rate	8.25%
LIBOR Floor
Maturity/ Expiration Date	Jun. 30, 2032
Spread Above Index	N/A
Technology [Member] \| Corporate Bond Investments [Member] \| Rocket Software Inc [Member]
Corporate Bond Investments
Cost	$ 875,000	[1]
Principal / Units	$ 875,000
Percentage of Net Assets	1.30%
Fair Value	$ 913,426	[2]
Interest Rate/Discount Rate	9%
LIBOR Floor
Maturity/ Expiration Date	Nov. 28, 2028
Acquisition Date	Apr. 16, 2024
Spread Above Index	N/A
Technology [Member] \| Senior Secured Loan Debt Investments [Member] \| Boxer Paren Co Inc(AKA Banff Merger Sub Inc) [Member]
Corporate Bond Investments
Cost	$ 1,000,000	[1]
Principal / Units	$ 1,000,000
Percentage of Net Assets	1.40%
Fair Value	$ 997,330	[2]
Interest Rate/Discount Rate	8.66%
LIBOR Floor
Maturity/ Expiration Date	Jul. 30, 2031
Acquisition Date	Sep. 17, 2024
Spread Above Index	3 Month SOFR USD +3.75%
Technology [Member] \| Senior Secured Loan Debt Investments [Member] \| Fortress Trans & Infrast [Member]
Corporate Bond Investments
Cost	$ 1,201,463	[1]
Principal / Units	$ 1,200,000
Percentage of Net Assets	1.60%
Fair Value	$ 1,197,000	[2]
Interest Rate/Discount Rate	8.66%
LIBOR Floor
Maturity/ Expiration Date	Jun. 27, 2031
Acquisition Date	Jun. 24, 2024
Spread Above Index	1 Month SOFR USD +3.75%
Technology [Member] \| Senior Secured Loan Debt Investments [Member] \| Thunder Generation Funding LLC [Member]
Corporate Bond Investments
Cost	$ 547,250	[1]
Principal / Units	$ 550,000
Percentage of Net Assets	0.80%
Fair Value	$ 549,313	[2]
Interest Rate/Discount Rate	7.91%
LIBOR Floor
Maturity/ Expiration Date	Sep. 26, 2031
Acquisition Date	Sep. 27, 2027
Spread Above Index	1 Month SOFR USD +3.00%
Consumer-Products [Member]
Corporate Bond Investments
Percentage of Net Assets	2.40%
Consumer-Products [Member] \| Corporate Bond Investments [Member] \| Energizer Holdings Inc [Member]
Corporate Bond Investments
Cost	$ 1,247,434	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,270,400	[2]
Interest Rate/Discount Rate	6.50%
LIBOR Floor
Maturity/ Expiration Date	Dec. 31, 2027
Acquisition Date	Feb. 02, 2024
Spread Above Index	N/A
Containers [Member]
Corporate Bond Investments
Percentage of Net Assets	8.70%
Containers [Member] \| Corporate Bond Investments [Member] \| Intelligent Packaging [Member]
Corporate Bond Investments
Cost	$ 717,794	[1]
Principal / Units	$ 750,000
Percentage of Net Assets	1%
Fair Value	$ 743,717	[2]
Interest Rate/Discount Rate	6%
LIBOR Floor
Maturity/ Expiration Date	Sep. 15, 2028
Acquisition Date	Apr. 03, 2024
Spread Above Index	N/A
Containers [Member] \| Corporate Bond Investments [Member] \| Owens-brockway [Member]
Corporate Bond Investments
Cost	$ 1,248,708	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,255,881	[2]
Interest Rate/Discount Rate	6.63%
LIBOR Floor
Maturity/ Expiration Date	May 13, 2027
Acquisition Date	Feb. 07, 2024
Spread Above Index	N/A
Containers [Member] \| Corporate Bond Investments [Member] \| Pactiv Evergreen Group [Member]
Corporate Bond Investments
Cost	$ 1,222,214	[1]
Principal / Units	$ 1,300,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,249,866	[2]
Interest Rate/Discount Rate	4%
LIBOR Floor
Maturity/ Expiration Date	Oct. 15, 2027
Acquisition Date	Jun. 17, 2024
Spread Above Index	N/A
Containers [Member] \| Senior Secured Loan Debt Investments [Member] \| Clydesdale Acquisition Holdings Inc [Member]
Corporate Bond Investments
Cost	$ 833,933	[1]
Principal / Units	$ 827,820
Percentage of Net Assets	1.10%
Fair Value	$ 823,126	[2]
Interest Rate/Discount Rate	8.09%
LIBOR Floor	0.50%
Maturity/ Expiration Date	Apr. 13, 2029
Spread Above Index	1 Month SOFR USD +3.75%
Containers [Member] \| Senior Secured Loan Debt Investments [Member] \| Mauser Packaging Solut [Member]
Corporate Bond Investments
Cost	$ 1,199,835	[1]
Principal / Units	$ 1,196,970
Percentage of Net Assets	1.60%
Fair Value	$ 1,198,633	[2]
Interest Rate/Discount Rate	8.41%
LIBOR Floor
Maturity/ Expiration Date	Apr. 08, 2027
Acquisition Date	Jun. 25, 2024
Spread Above Index	1 Month SOFR USD +3.50%
Containers [Member] \| Senior Secured Loan Debt Investments [Member] \| Verde Purchaser LLC [Member]
Corporate Bond Investments
Cost	$ 1,197,000	[1]
Principal / Units	$ 1,197,000
Percentage of Net Assets	1.60%
Fair Value	$ 1,185,281	[2]
Interest Rate/Discount Rate	9.41%
LIBOR Floor
Maturity/ Expiration Date	Nov. 29, 2030
Acquisition Date	Jun. 27, 2024
Spread Above Index	3 Month SOFR USD +4.50%
Super Retail [Member]
Corporate Bond Investments
Percentage of Net Assets	2.70%
Super Retail [Member] \| Corporate Bond Investments [Member] \| Ken Garff Automotive Llc [Member]
Corporate Bond Investments
Cost	$ 1,119,549	[1]
Principal / Units	$ 1,200,000
Percentage of Net Assets	1.60%
Fair Value	$ 1,160,524	[2]
Interest Rate/Discount Rate	4.88%
LIBOR Floor
Maturity/ Expiration Date	Sep. 15, 2028
Acquisition Date	Jun. 27, 2024
Spread Above Index	N/A
Super Retail [Member] \| Corporate Bond Investments [Member] \| Victra Hldg/victra Fin [Member]
Corporate Bond Investments
Cost	$ 275,000	[1]
Principal / Units	$ 275,000
Percentage of Net Assets	0.40%
Fair Value	$ 289,240	[2]
Interest Rate/Discount Rate	8.75%
LIBOR Floor
Maturity/ Expiration Date	Sep. 15, 2029
Acquisition Date	Sep. 18, 2024
Spread Above Index	N/A
Super Retail [Member] \| Senior Secured Loan Debt Investments [Member] \| Leslies Poolmart Inc [Member]
Corporate Bond Investments
Cost	$ 470,032	[1]
Principal / Units	$ 498,708
Percentage of Net Assets	0.70%
Fair Value	$ 482,709	[2]
Interest Rate/Discount Rate	7.66%
LIBOR Floor
Maturity/ Expiration Date	Mar. 09, 2028
Acquisition Date	Jul. 18, 2024
Spread Above Index	1 Month SOFR USD +2.75%
Health Care [Member]
Corporate Bond Investments
Percentage of Net Assets	3.30%
Health Care [Member] \| Corporate Bond Investments [Member] \| Lifepoint Health Inc [Member]
Corporate Bond Investments
Cost	$ 1,364,196	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.90%
Fair Value	$ 1,375,534	[2]
Interest Rate/Discount Rate	9.88%
LIBOR Floor
Maturity/ Expiration Date	Aug. 15, 2030
Spread Above Index	N/A
Health Care [Member] \| Corporate Bond Investments [Member] \| Prime Healthcare Service [Member]
Corporate Bond Investments
Cost	$ 1,000,000	[1]
Principal / Units	$ 1,000,000
Percentage of Net Assets	1.40%
Fair Value	$ 1,033,102	[2]
Interest Rate/Discount Rate	9.38%
LIBOR Floor
Maturity/ Expiration Date	Sep. 01, 2029
Spread Above Index	N/A
Publishing/Printing [Member]
Corporate Bond Investments
Percentage of Net Assets	1.40%
Publishing/Printing [Member] \| Corporate Bond Investments [Member] \| Mcgraw-hill Education [Member]
Corporate Bond Investments
Cost	$ 982,718	[1]
Principal / Units	$ 1,000,000
Percentage of Net Assets	1.40%
Fair Value	$ 988,202	[2]
Interest Rate/Discount Rate	5.75%
LIBOR Floor
Maturity/ Expiration Date	Aug. 01, 2028
Spread Above Index	N/A
Diversified Financial Services [Member]
Corporate Bond Investments
Percentage of Net Assets	2.70%
Diversified Financial Services [Member] \| Corporate Bond Investments [Member] \| Nationstar Mtg Hld Inc [Member]
Corporate Bond Investments
Cost	$ 492,147	[1]
Principal / Units	$ 500,000
Percentage of Net Assets	0.70%
Fair Value	$ 497,579	[2]
Interest Rate/Discount Rate	6%
LIBOR Floor
Maturity/ Expiration Date	Jan. 15, 2027
Acquisition Date	May 21, 2024
Spread Above Index	N/A
Diversified Financial Services [Member] \| Corporate Bond Investments [Member] \| Provident Fdg/pfg Fin [Member]
Corporate Bond Investments
Cost	$ 525,000	[1]
Principal / Units	$ 525,000
Percentage of Net Assets	0.70%
Fair Value	$ 535,175	[2]
Interest Rate/Discount Rate	9.75%
LIBOR Floor
Maturity/ Expiration Date	Sep. 15, 2029
Spread Above Index	N/A
Diversified Financial Services [Member] \| Senior Secured Loan Debt Investments [Member] \| Dragon Buyer Inc. [Member]
Corporate Bond Investments
Cost	$ 472,625	[1]
Principal / Units	$ 475,000
Percentage of Net Assets	0.60%
Fair Value	$ 472,744	[2]
Interest Rate/Discount Rate	8.16%
LIBOR Floor
Maturity/ Expiration Date	Sep. 25, 2031
Acquisition Date	Sep. 24, 2024
Spread Above Index	3 Month SOFR USD +3.25%
Diversified Financial Services One [Member] \| Corporate Bond Investments [Member] \| Nationstar Mtg Hld Inc One [Member]
Corporate Bond Investments
Cost	$ 495,674	[1]
Principal / Units	$ 500,000
Percentage of Net Assets	0.70%
Fair Value	$ 500,155	[2]
Interest Rate/Discount Rate	5%
LIBOR Floor
Maturity/ Expiration Date	Feb. 01, 2026
Acquisition Date	Jun. 17, 2024
Spread Above Index	N/A
Chemicals [Member]
Corporate Bond Investments
Percentage of Net Assets	5.70%
Chemicals [Member] \| Corporate Bond Investments [Member] \| Olympus Wtr Us Hldg Corp [Member]
Corporate Bond Investments
Cost	$ 1,570,371	[1]
Principal / Units	$ 1,558,000
Percentage of Net Assets	2.20%
Fair Value	$ 1,590,699	[2]
Interest Rate/Discount Rate	7.13%
LIBOR Floor
Maturity/ Expiration Date	Oct. 01, 2027
Acquisition Date	Jun. 27, 2024
Spread Above Index	N/A
Chemicals [Member] \| Corporate Bond Investments [Member] \| Scih Salt Holdings Inc [Member]
Corporate Bond Investments
Cost	$ 1,194,806	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,205,001	[2]
Interest Rate/Discount Rate	4.88%
LIBOR Floor
Maturity/ Expiration Date	May 01, 2028
Spread Above Index	N/A
Chemicals [Member] \| Corporate Bond Investments [Member] \| Wr Grace Holding Llc [Member]
Corporate Bond Investments
Cost	$ 1,253,484	[1]
Principal / Units	$ 1,300,000
Percentage of Net Assets	1.80%
Fair Value	$ 1,281,121	[2]
Interest Rate/Discount Rate	4.88%
LIBOR Floor
Maturity/ Expiration Date	Jun. 15, 2027
Acquisition Date	Feb. 02, 2024
Spread Above Index	N/A
Gaming [Member]
Corporate Bond Investments
Percentage of Net Assets	0.70%
Gaming [Member] \| Corporate Bond Investments [Member] \| Penn Entertainment Inc [Member]
Corporate Bond Investments
Cost	$ 483,318	[1]
Principal / Units	$ 500,000
Percentage of Net Assets	0.70%
Fair Value	$ 495,215	[2]
Interest Rate/Discount Rate	5.63%
LIBOR Floor
Maturity/ Expiration Date	Jan. 15, 2027
Spread Above Index	N/A
Building Materials [Member]
Corporate Bond Investments
Percentage of Net Assets	5%
Building Materials [Member] \| Corporate Bond Investments [Member] \| Standard Industries Inc [Member]
Corporate Bond Investments
Cost	$ 1,243,150	[1]
Principal / Units	$ 1,275,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,264,546	[2]
Interest Rate/Discount Rate	5%
LIBOR Floor
Maturity/ Expiration Date	Feb. 15, 2027
Acquisition Date	Feb. 07, 2024
Spread Above Index	N/A
Building Materials [Member] \| Senior Secured Loan Debt Investments [Member] \| Madison Safety & Flow LLC [Member]
Corporate Bond Investments
Cost	$ 274,313	[1]
Principal / Units	$ 275,000
Percentage of Net Assets	0.40%
Fair Value	$ 274,656	[2]
Interest Rate/Discount Rate	8.16%
LIBOR Floor
Maturity/ Expiration Date	Sep. 19, 2031
Acquisition Date	Sep. 19, 2024
Spread Above Index	1 Month SOFR USD +3.25%
Building Materials [Member] \| Senior Secured Loan Debt Investments [Member] \| Tamko Building Products, LLC [Member]
Corporate Bond Investments
Cost	$ 1,497,864	[1]
Principal / Units	$ 1,492,462
Percentage of Net Assets	2.10%
Fair Value	$ 1,494,328	[2]
Interest Rate/Discount Rate	8.16%
LIBOR Floor
Maturity/ Expiration Date	Sep. 20, 2030
Spread Above Index	1 Month SOFR USD +3.50%
Building Materials [Member] \| Senior Secured Loan Debt Investments [Member] \| Wilsonart LLC [Member]
Corporate Bond Investments
Cost	$ 592,380	[1]
Principal / Units	$ 600,000
Percentage of Net Assets	0.80%
Fair Value	$ 592,998	[2]
Interest Rate/Discount Rate	9.16%
LIBOR Floor
Maturity/ Expiration Date	Aug. 05, 2031
Acquisition Date	Sep. 17, 2024
Spread Above Index	3 Month SOFR USD +4.25%
Aerospace/Defense [Member]
Corporate Bond Investments
Percentage of Net Assets	1.70%
Aerospace/Defense [Member] \| Corporate Bond Investments [Member] \| Transdigm Inc [Member]
Corporate Bond Investments
Cost	$ 1,244,004	[1]
Principal / Units	$ 1,275,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,270,674	[2]
Interest Rate/Discount Rate	5.50%
LIBOR Floor
Maturity/ Expiration Date	Nov. 15, 2027
Acquisition Date	Feb. 15, 2024
Spread Above Index	N/A
Broadcasting [Member]
Corporate Bond Investments
Percentage of Net Assets	1.70%
Broadcasting [Member] \| Corporate Bond Investments [Member] \| Univision Communications [Member]
Corporate Bond Investments
Cost	$ 1,234,729	[1]
Principal / Units	$ 1,250,000
Percentage of Net Assets	1.70%
Fair Value	$ 1,252,294	[2]
Interest Rate/Discount Rate	6.63%
LIBOR Floor
Maturity/ Expiration Date	Jun. 01, 2027
Acquisition Date	Feb. 07, 2024
Spread Above Index	N/A
Telecommunications [Member]
Corporate Bond Investments
Percentage of Net Assets	0.90%
Telecommunications [Member] \| Corporate Bond Investments [Member] \| Windstream Escrow Llc [Member]
Corporate Bond Investments
Cost	$ 662,756	[1]
Principal / Units	$ 675,000
Percentage of Net Assets	0.90%
Fair Value	$ 675,608	[2]
Interest Rate/Discount Rate	7.75%
LIBOR Floor
Maturity/ Expiration Date	Aug. 15, 2028
Spread Above Index	N/A
Diversified Support Services [Member]
Corporate Bond Investments
Percentage of Net Assets	6.80%
Diversified Support Services [Member] \| Senior Secured Loan Debt Investments [Member] \| PSA Worldwide T/L [Member]
Corporate Bond Investments
Cost	$ 4,830,717	[1],[3]
Principal / Units	$ 4,918,528
Percentage of Net Assets	6.80%	[3]
Fair Value	$ 4,958,455	[2],[3]
Interest Rate/Discount Rate	12%	[3]
LIBOR Floor		[3]
Maturity/ Expiration Date	Mar. 19, 2029	[3]
Acquisition Date	Mar. 19, 2024	[3]
Spread Above Index		[3]
Diversified Support Services [Member] \| Equity Investments - Preferred Stock [Member] \| PSA Holdings, LLC [Member]
Corporate Bond Investments
Cost	$ 495,570	[1],[3]
Principal / Units	$ 495,570	[3]
Percentage of Net Assets	0.70%	[3]
Fair Value	$ 480,672	[2],[3]
Interest Rate/Discount Rate	8%	[3]
LIBOR Floor		[3]
Maturity/ Expiration Date		[3]
Acquisition Date	Mar. 19, 2024	[3]
Spread Above Index		[3]
Capital Goods [Member]
Corporate Bond Investments
Percentage of Net Assets	2.30%
Capital Goods [Member] \| Senior Secured Loan Debt Investments [Member] \| Arcline FM Holdings, LLC [Member]
Corporate Bond Investments
Cost	$ 674,186	[1]
Principal / Units	$ 675,000
Percentage of Net Assets	0.90%
Fair Value	$ 675,722	[2]
Interest Rate/Discount Rate	9.41%
LIBOR Floor
Maturity/ Expiration Date	Jun. 23, 2028
Spread Above Index	3 Month SOFR USD +4.50%
Capital Goods [Member] \| Senior Secured Loan Debt Investments [Member] \| Nvent Thermal LLC [Member]
Corporate Bond Investments
Cost	$ 1,032,210	[1]
Principal / Units	$ 1,033,000
Percentage of Net Assets	1.40%
Fair Value	$ 1,031,709	[2]
Interest Rate/Discount Rate	8.70%
LIBOR Floor
Maturity/ Expiration Date	Sep. 12, 2031
Spread Above Index	1 Month SOFR USD +3.50%
Automotive & Auto Parts [Member]
Corporate Bond Investments
Percentage of Net Assets	0.80%
Automotive & Auto Parts [Member] \| Senior Secured Loan Debt Investments [Member] \| Autokiniton US Holdings, Inc [Member]
Corporate Bond Investments
Cost	$ 600,737	[1]
Principal / Units	$ 598,492
Percentage of Net Assets	0.80%
Fair Value	$ 598,026	[2]
Interest Rate/Discount Rate	8.91%
LIBOR Floor
Maturity/ Expiration Date	Apr. 06, 2028
Acquisition Date	Sep. 17, 2024
Spread Above Index	1 Month SOFR USD +4.00%
Total Non-Controlled/Non-Affiliated Investments [Member]
Corporate Bond Investments
Cost	$ 66,676,002	[1]
Percentage of Net Assets	92.50%
Fair Value	$ 67,342,432	[2]
Total Non-Controlled/Non-Affiliated Investments [Member] \| Senior Secured Loan Debt Investments [Member]
Corporate Bond Investments
Cost	17,431,672	[1]
Principal / Units	$ 17,537,981
Percentage of Net Assets	24%
Fair Value	$ 17,531,200	[2]
Total Non-Controlled/Non-Affiliated Investments [Member] \| Equity Investments - Preferred Stock [Member]
Corporate Bond Investments
Cost	495,570	[1]
Principal / Units	$ 495,570
Percentage of Net Assets	0.70%
Fair Value	$ 480,672	[2]
Non-Controlled/Non-Affiliated Investments [Member]
Corporate Bond Investments
Cost	$ 495,570	[1]
Percentage of Net Assets	0.70%
Fair Value	$ 480,672	[2]
Affiliated Investments [Member]
Corporate Bond Investments
Cost		[1]
Percentage of Net Assets	0%
Fair Value		[2]
Investments [Member]
Corporate Bond Investments
Cost	$ 66,676,002	[1]
Percentage of Net Assets	92.50%
Fair Value	$ 67,342,432	[2]
Assets in Excess of Other liabilities [Member]
Corporate Bond Investments
Percentage of Net Assets	7.50%
Fair Value	$ 5,423,382	[2]
Net assets [Member]
Corporate Bond Investments
Percentage of Net Assets	100%
Fair Value	$ 72,765,814	[2]

[1]The amortized cost represents the original cost adjusted for the accretion of discounts and amortization of premiums, as applicable, on debt investments using the effective interest method.[2]Unless otherwise noted, represents securities categorized as Level 2 assets under the definition of ASC 820 fair value hierarchy (Note 6).[3]Significant unobservable inputs were used to determine fair value, and investments are considered Level 3 securities (Note 6)

Organization

Organization	9 Months Ended
Organization	Sep. 30, 2024
Organization [Abstract]
Organization	1. Organization Muzinich Corporate Lending Income Fund, Inc. (the “Company,” “we,” “our,” or “us”) is a Delaware corporation formed on July 5, 2023. The Company is structured as an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company was formed primarily to generate current income and, to a lesser extent, capital appreciation through investments in secured debt, including first lien, second lien and unitranche debt, as well as unsecured debt, including mezzanine debt and, to a lesser extent, in equity instruments of private companies. The Company’s investment activities are managed by Muzinich Direct Lending Adviser, LLC (the “Adviser”), an investment adviser registered with the Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and an affiliate of Muzinich & Co., Inc. (“Muzinich”). The Adviser is responsible for originating prospective investments, conducting research and due diligence investigations on potential investments, analyzing investment opportunities, negotiating and structuring the investments and monitoring the investments and portfolio companies of the Company on an ongoing basis. Subject to the supervision of the Company’s board of directors (the “Board” or the “Board of Directors”), the Adviser manages the Company’s day-to-day operations and provides the Company with investment advisory and management services and certain administrative services. The Company has entered into and expects to enter into separate subscription agreements with a number of investors providing for the sale of shares of the Company’s common stock, par value $0.001 per share (“Common Stock”) to investors in multiple closings (“Closings”) in reliance on exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) (such offerings, “Private Offerings”). The Company seeks to raise equity capital through the Private Offerings on a continuous basis through one or more Closings. To be accepted, an investor’s subscription request, including the full subscription amount, must be received in accordance with the provisions of the subscription agreement at least five business days prior to the respective Closing (unless waived by the Company). In March 2024, the Company established a wholly owned subsidiary named Muzinich Corporate Lending Holding LLC (“Subsidiary”). The Subsidiary holds equity or equity-like investments in partnerships. All intercompany balances are eliminated in consolidation, and the Company is consolidated with the Subsidiary for accounting purposes, but the Subsidiary is not consolidated with the Company for U.S. federal income tax purposes and may incur U.S. federal income tax expense as a result. Fiscal Year End The Company’s fiscal year ends on December 31.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
Significant Accounting Policies	Sep. 30, 2024
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying consolidated financial statements of the Company and related financial information have been prepared pursuant to the requirements for reporting on Form 10-Q and Regulation S-X under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company has determined it meets the definition of an investment company and follows the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946 – Financial Services – Investment Companies (“ASC Topic 946”). Basis of Consolidation Under Article 6 of Regulation S-X and the American Institute of Certified Public Accountants’ (“AICPA”) Audit and Accounting Guide for Investment Companies, the Company is precluded from consolidating any entity other than another investment company, a controlled operating company that provides substantially all of its services and benefits to the Company, and certain entities established for tax purposes where the Company holds a 100% interest. Accordingly, the Company’s consolidated financial statements include its accounts and the accounts of the Subsidiary. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of increases and decreases in net assets from operations during the reported periods. The Company believes the estimates and assumptions underlying the consolidated financial statements are reasonable and supportable based on the information available as of September 30, 2024 and December 31, 2023, however macroeconomic, geopolitical and other events may have an impact on the global economy generally, and the Company’s business in particular, making any estimates and assumptions as of September 30, 2024 and December 31, 2023 inherently less certain than they would be absent the current and potential impacts of such circumstances. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ materially. Cash and Cash Equivalents Cash and cash equivalents are defined as cash, money market funds, U.S. government securities and investment grade debt instruments with original maturities of three months or less when purchased by the Company. The Company deposits its cash and cash equivalents with financial institutions and, at times, may exceed the Federal Deposit Insurance Corporation insured limit. Principal Paydowns The Company may receive principal repayments on its debt investments (“Paydowns”). Any unsettled Paydowns as of period-end are reflected in the Consolidated Statements of Assets and Liabilities, and any realized gains or losses incurred from such Paydowns are reflected as interest income in the Consolidated Statements of Operations. Offering Costs Offering costs are recorded as a reduction to paid-in capital. For the three and nine months ended September 30, 2024, the Company incurred offering costs of $0 and $190,205 respectively. Company Common Stock Share Valuation In accordance with U.S. GAAP, the net asset value (“NAV”) per share of the outstanding shares of common stock of the Company is determined at least quarterly by dividing the value of total assets minus liabilities by the total number of shares outstanding. Valuation of Portfolio Securities As a BDC, the Company will generally invest in illiquid securities, including debt and equity investments of middle-market companies. Under procedures adopted by the Board of Directors, market quotations are generally used to assess the value of the investments for which market quotations are readily available. Short-term investments that have maturities of less than 60 days at time of purchase are valued at amortized cost, which, when combined with any accrued interest, approximates market value. The Company expects that there will not be readily available market values for many of the investments which are or will be in its portfolio, and such investments will be valued at fair value as determined in good faith by the Adviser, under the oversight of the Board, pursuant to the Adviser’s valuation policy and process as described below. The factors that the Adviser may take into account in determining the fair value of the Company’s generally include, as appropriate, comparisons of financial ratios of the portfolio companies that issued such private equity securities to peer companies that are public, the nature and realizable value of any collateral, the portfolio company’s ability to make payments and its earnings and discounted cash flow, the markets in which the portfolio company does business and other relevant factors. When an external event such as a purchase transaction, public offering or subsequent equity sale occurs, the Adviser considers the pricing indicated by the external event to corroborate or revise the valuation. Under current auditing standards, the notes to the Company’s consolidated financial statements refer to the uncertainty with respect to the possible effect of such valuations, and any change in such valuations, on the consolidated financial statements. With respect to investments for which market quotations are not readily available, the Adviser determines the fair value of such investments in good faith pursuant to Rule 2a-5 under the 1940 Act. Pursuant to Rule 2a-5, the Board has designated the Adviser to perform the fair valuation determinations of the Company’s investments for which market quotations are not readily available, subject to Board oversight, pursuant to valuation procedures approved by the Board of Directors which follow a multi-step valuation process each quarter (or more frequently, as appropriate), as described below: (1) Each portfolio company or investment is initially valued by the investment professionals of the Adviser responsible for the portfolio investment and the “Portfolio Committee” of the Adviser; (2) Preliminary valuation conclusions are then documented and discussed with the Company’s senior management and that of the Adviser; (3) At least once annually, the valuation for each portfolio investment is reviewed by an independent valuation firm; (4) In following these approaches, the types of factors that are taken into account in determining the fair value of such investments include, as relevant, but are not limited to: comparison to publicly traded securities, including such factors as yield, maturity and measures of credit quality; the enterprise value of a portfolio company; the nature and realizable value of any collateral; the portfolio company’s ability to make payments and its earnings and discounted cash flow; and the markets in which the portfolio company does business; (5) The Audit Committee of the Board of Directors reviews the valuations of the Adviser on a quarterly basis; and (6) The Board of Directors oversees the Company’s valuation process and in support of this oversight, the Adviser provides periodic reports to the Board on valuation matters. Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation The Company measures realized gains or losses by the difference between the net proceeds from the repayment or sale and the amortized cost basis of the investment, without regard to unrealized appreciation or depreciation previously recognized, but considering unamortized upfront fees and prepayment penalties. Net change in unrealized appreciation or depreciation reflects the change in portfolio investment values during the reporting period, including any reversal of previously recorded unrealized appreciation or depreciation, when gains or losses are realized. Interest and Dividend Income Recognition Interest income is recorded on an accrual basis and includes amortization of premiums or accretion of discounts. Discounts and premiums to par value on securities purchased are accreted and amortized, respectively, into interest income over the contractual life of the respective security using the effective interest method. The amortized cost of investments represents the original cost adjusted for the amortization of premiums or accretion of discounts, if any. Upon prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts are recorded as interest income in the current period. Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection. Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly traded portfolio companies. Payment-in-Kind Interest The Company does not currently hold, but expects to hold in the future, some investments in its portfolio that contain PIK interest provisions. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan, rather than being paid to the Company in cash, and is recorded as interest income. Thus, the actual collection of PIK interest may be deferred until the time of debt principal repayment. PIK interest, which is a non-cash source of income, is included in the Company’s taxable income and therefore affects the amount the Company is required to distribute to shareholders to maintain its qualification as a RIC for U.S. federal income tax purposes, even though the Company has not yet collected the cash. Generally, when current cash interest and/or principal payments on a loan become past due, or if the Company otherwise does not expect the borrower to be able to service its debt and other obligations, the Company will place the investment on non-accrual status and will generally cease recognizing PIK interest income on that loan for financial reporting purposes until all principal and interest have been brought current through payment or due to a restructuring such that the interest income is deemed to be collectible. The Company writes off any accrued and uncollected PIK interest when it is determined that the PIK interest is no longer collectible. Other Income From time to time, the Company may receive fees for services provided to portfolio companies. These fees will generally only be available to the Company as a result of closing investments, will normally be paid at the closing of the investment, are expected to be non-recurring and will be recognized as revenue when earned upon closing of the investment. The services provided vary by investment, but can include closing work, diligence or other similar fees and fees for providing managerial assistance to the Company’s portfolio companies. In addition, the Company may generate revenue in the form of commitment, origination, structuring or diligence fees, monitoring fees and possibly consulting and performance-based fees. Deal Origination Costs The Company records origination and other expenses related to its investments as deferred financing costs. These expenses are deferred and amortized over the life of the related investment. Deal origination costs are presented on the Consolidated Statements of Assets and Liabilities as a direct deduction from the investment. In circumstances in which there is not an associated investment amount recorded in the consolidated financial statements when the deal origination costs are incurred, such deal origination costs will be reported on the Consolidated Statements of Assets and Liabilities as a liability until the investment is recorded. Distributions to Stockholders Distributions to stockholders are recorded on the record date. The amount to be distributed is determined by the Board of Directors and is generally based upon current and estimated net earnings. Net realized long-term capital gains, if any, would be generally distributed at least annually, although the Company may decide to retain such capital gains for investment. The Company has adopted a Distribution Reinvestment Plan, pursuant to which it will reinvest all cash dividends declared by the Board of Directors on behalf of its stockholders who do not elect to receive their dividends in cash. For more information on the Distribution Reinvestment Plan, see “Note 7. Net Assets – Distribution Reinvestment Plan” in these Notes to Consolidated Financial Statements. Foreign Security and Currency Translations Foreign security and currency translations may involve certain considerations and risks not typically associated with investing in U.S. companies and U.S. government securities. These risks include, but are not limited to, currency fluctuations and revaluations and future adverse political, social and economic developments, which could cause investments in foreign markets to be less liquid and prices to be more volatile than those of comparable U.S. companies or U.S. government securities. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all accounting standard updates (“ASUs”) issued by the FASB. ASUs not listed were assessed by the Company and either determined to be not applicable or expected to have minimal impact on its consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”),” which enhances disclosure requirements about significant segment expenses that are regularly provided to the chief operating decision maker (the “CODM”). ASU 2023-07, among other things, (i) requires a single segment public entity to provide all of the disclosures as required by Topic 280, (ii) requires a public entity to disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources and (iii) provides the ability for a public entity to elect more than one performance measure. ASU 2023-07 is effective for the fiscal years beginning after December 15, 2023, and interim periods beginning with the first quarter ended March 31, 2025. Early adoption is permitted and retrospective adoption is required for all prior periods presented. The Company is currently assessing the impact of this guidance; however, the Company does not expect a material impact to its consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”),” which intends to improve the transparency of income tax disclosures. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024 and is to be adopted on a prospective basis with the option to apply retrospectively. The Company is currently assessing the impact of this guidance; however, the Company does not expect a material impact to its consolidated financial statements. Income Taxes The Company has elected to be treated for U.S. federal income tax purposes as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). So long as the Company maintains its status as a RIC, it generally will not be subject to U.S. federal income taxes on any ordinary income or capital gains that it distributes to its stockholders as dividends. Rather, any tax liability related to income distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company. The Company will be subject to U.S. federal income tax at the regular corporate rates on any income, including capital gains not distributed (or deemed distributed) to its stockholders. To qualify as a RIC under Subchapter M of the Code, the Company must, among other things, meet certain source of income and asset diversification requirements. In addition, to qualify for taxation as a RIC, the Company must distribute to its stockholders on a timely basis each year at least 90% of its “investment company taxable income,” which is generally its net ordinary taxable income plus the excess of its realized net short-term capital gains over its realized net long-term capital losses. In order for the Company not to be subject to a 4% nondeductible U.S. federal excise tax on certain undistributed income, it must distribute annually an amount at least equal to the sum of (i) 98.0% of its net ordinary income for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one-year period ending on October 31 of the calendar year and (iii) any ordinary income and net capital gains that it recognized for preceding years that were not distributed during such years and on which the Company paid no U.S. federal income tax. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated 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. In March 2024, the Company established the Subsidiary to hold equity or equity-like investments in partnerships. All intercompany balances are eliminated in consolidation and the Company is consolidated with the Subsidiary for accounting purposes, but the Subsidiary is not consolidated with the Company for U.S. federal income tax purposes and may incur U.S. federal income tax expense as a result. Although the Company files federal and state tax returns, its major tax jurisdiction is federal.

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	3. Related Party Transactions Investment Advisory Agreement On September 14, 2023, the Company entered into an investment advisory agreement (the “Investment Advisory Agreement”) with the Adviser, pursuant to which the Adviser manages the Company’s investment program and related activities. The advisory fees consist of a management fee and an incentive fee. The cost of both the management fee and the incentive fee is ultimately borne by the Company’s stockholders. The Adviser elected to incur the organizational and offering fees associated with the Company through January 19, 2024, on which date the Company became obligated to reimburse the Adviser for such advanced expenses. As of September 30, 2024, the total organizational and offering fees incurred by the Company were $365,462. Management Fees Pursuant to the Investment Advisory Agreement, the Company’s Adviser accrues, on a quarterly basis in arrears, a management fee (the “Base Management Fee”) at an annual rate of 1.25% of the value of the Company’s net assets as of the beginning of the first calendar day of the applicable quarter. Such amount shall be appropriately adjusted (based on the number of days actually elapsed relative to the total number of days in such calendar quarter) for any share issuances or repurchases by the Company during a calendar quarter. The Base Management Fee for any partial quarter shall be appropriately pro-rated (based on the number of days actually elapsed relative to the total number of days in such quarter). “Net assets” for purposes of calculating the Base Management Fee means the Company’s total assets less liabilities determined on a consolidated basis in accordance with U.S. GAAP. For the three and nine months ended September 30, 2024 and the period from September 8, 2023 (commencement of operations) through September 30, 2023, the Company incurred Base Management Fees of $226,972, $627,602, and $0, respectively. Incentive Fee Pursuant to the Investment Advisory Agreement, the Company incurs an incentive fee (the “Incentive Fee”) payable to the Adviser. The Incentive Fee consists of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the Incentive Fee is based on a percentage of the Company’s income and a portion is based on a percentage of the Company’s capital gains, each as described below. Incentive Fee Based on Income The portion of the Incentive Fee based on the Company’s income is based on Pre-Incentive Fee Net Investment Income Returns. “Pre-Incentive Fee Net Investment Income Returns” means, as the context requires, either the dollar value of, or percentage rate of return on the value of the Company’s net assets at the end of the immediate preceding quarter from, interest income, dividend income and any other income (including any other fees (other than fees for providing managerial assistance), such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses accrued for the quarter (including the Base Management Fee, fees and expenses payable under the Company’s administration agreement with U.S. Bancorp Fund Services, LLC (“U.S. Bank,” and in such capacity, the “Administrator”) (the “Administration Agreement”), and any interest expense or fees on any credit facilities or outstanding debt and dividends paid on any issued and outstanding preferred shares, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income Returns include, in the case of investments with a deferred interest feature (such as original issue discount, debt instruments with payment-in-kind interest and zero-coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income Returns do not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation. Pre-Incentive Fee Net Investment Income Returns, expressed as a rate of return on the value of the Company’s net assets at the end of the immediately preceding quarter, is compared to a “hurdle rate” of return of 1.75% per quarter (7% annualized). The Company will pay the Adviser an Incentive Fee quarterly in arrears with respect to the Company’s Pre-Incentive Fee Net Investment Income Returns in each calendar quarter as follows: ● No incentive fee based on Pre-Incentive Fee Net Investment Income Returns in any calendar quarter in which the Company’s Pre-Incentive Fee Net Investment Income Returns do not exceed the hurdle rate of 1.75% per quarter (7% annualized); ● 100% of the dollar amount of Pre-Incentive Fee Net Investment Income Returns with respect to that portion of such Pre-Incentive Fee Net Investment Income Returns, if any, that exceeds the hurdle rate until the Adviser has received 12.5% of the total Pre-Incentive Fee Net Investment Income Returns for that calendar quarter (the Company refers to this portion of the Pre-Incentive Fee Net Investment Income Returns (which exceeds the hurdle rate) as the “catch-up”); and ● 12.5% of the dollar amount of all Pre-Incentive Fee Net Investment Income Returns, if any, once the Adviser has received the full catch-up. Incentive Fee Based on Capital Gains The second component of the Incentive Fee, the Incentive Fee on based capital gains, is payable at the end of each calendar year in arrears. The amount payable equals: ● 12.5% of cumulative realized capital gains from inception through the end of such calendar, computed net of all realized capital losses and unrealized capital depreciation on a cumulative basis, less the aggregate amount of any previously paid Incentive Fee based on capital gains as calculated in accordance with U.S. GAAP. Each year, the fee paid for the Incentive Fee based on capital gains is net of the aggregate amount of any previously paid Incentive Fee based on capital gains for all prior periods. The Company will accrue, but will not pay, an Incentive Fee based on capital gains with respect to unrealized appreciation because an Incentive Fee based on capital gains would be owed to the Adviser if the Company were to sell the relevant investment and realize a capital gain. If the Investment Advisory Agreement is terminated prior to the termination of the Company (other than an instance in which the Adviser voluntarily terminates the agreement), the Company will pay to the Adviser an Incentive Fee payment in connection with such termination (the “Termination Incentive Fee Payment”). The Termination Incentive Fee Payment will be calculated as of the date the Investment Advisory Agreement is terminated and will equal the amount of Incentive Fee that would be payable to the Adviser if (a) all investments were liquidated for their then-current value (but without taking into account any unrealized appreciation of any investment), and any unamortized deferred investment-related fees would be deemed accelerated, (b) the proceeds from such liquidation were used to pay all the Company’s outstanding liabilities, and (c) the remainder were distributed to stockholders and paid as an Incentive Fee in accordance with the incentive fee calculation methodology, subject to the limitations set forth in Section 205(b)(3) of the Advisers Act. The Company will make the Termination Incentive Fee Payment in cash on or immediately following the date the Investment Advisory Agreement is so terminated. The Investment Advisory Agreement was approved for an initial two-year term on September 14, 2023, and will remain in full force and effect for successive one-year periods thereafter, but only so long as such continuance is specifically approved at least annually by (a) the vote of a majority of the members of the Board who are not “interested persons,” as defined in Section 2(a)(19) of the 1940 Act, of the Company (the “Independent Directors”) and in accordance with the requirements of the 1940 Act, and (b) by a vote of (1) a majority of the Board or (2) a majority of the Company’s outstanding voting securities. The Investment Advisory Agreement may, on 60 days’ written notice to the other party, be terminated in its entirety at any time without the payment of any penalty, by the Company (following determination by the Board or by vote of a majority of the Company’s outstanding voting securities), or by the Adviser. The Investment Advisory Agreement shall automatically terminate in the event of its assignment. For the three and nine months ended September 30, 2024 and the period from September 8, 2023 (commencement of operations) through September 30, 2023, the Company incurred Incentive Fees of $75,306, $90,052, and $0, respectively. Administration Agreement The Company has entered into an administration servicing agreement (the “Administration Agreement”) with U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services (“U.S. Bank” or the “Administrator”), pursuant to which the Administrator provides administrative and recordkeeping services necessary for the Company to operate. Resource Sharing Agreement The Adviser has entered into a resource sharing agreement (the “Resource Sharing Agreement”) with Muzinich, pursuant to which Muzinich makes certain personnel and resources available to the Adviser to provide certain investment advisory services to the Company under the Investment Advisory Agreement. Through the Resource Sharing Agreement, the Adviser draws on the significant deal origination, credit underwriting, due diligence, investment structuring, execution, portfolio management and monitoring, and operational experience of Muzinich’s investment professionals. The Resource Sharing Agreement may be terminated by either party on 60 days’ notice, which, if terminated, may have a material adverse effect on the Company’s operations. Reimbursement of Certain Expenses During the nine months ended September 30, 2024 and for the period from September 8, 2023 (commencement of operations) through September 30, 2023, Muzinich paid, on behalf of the Company, certain operating costs that have been recorded by the Company. The Company will reimburse Muzinich for the costs paid on the Company’s behalf. As of September 30, 2024 and 2023, the total costs reimbursable to Muzinich were $15,106 and $0, respectively, and are disclosed within Professional fees payable and Accrued other general and administrative expenses on the Consolidated Statements of Assets and Liabilities. Shares Held by Affiliated Accounts As of September 30, 2024, certain entities affiliated with the Adviser held shares of the Company. Muzinich held 1 share of the Company, or approximately 0.001% of the outstanding shares of the Company. Co-Investment Exemptive Order On February 2, 2021, the SEC issued an exemptive order (the “Exemptive Order”) which permits the Company to co-invest in portfolio companies with certain funds or entities managed by the Adviser or its affiliates in certain negotiated transactions where co-investing would otherwise be prohibited under the 1940 Act, subject to the conditions of the Exemptive Order. Pursuant to the Exemptive Order, the Company is permitted to co-invest with certain of its affiliates if a “required majority” (as defined in Section 57(o) of the 1940 Act) of the Company’s Independent Directors make certain conclusions in connection with a co-investment transaction, including, but not limited to, that (1) the terms of the potential co-investment transaction, including the consideration to be paid, are reasonable and fair to the Company and its stockholders and do not involve overreaching in respect of the Company or its stockholders on the part of any person concerned, and (2) the potential co-investment transaction is consistent with the interests of the Company’s stockholders and is consistent with its then-current investment objective and strategies. Investments in Affiliates Affiliated companies are those that are “affiliated persons” of the Company, as defined in section 2(a)(3) of the 1940 Act. They include, among other entities, issuers of which 5% or more of their outstanding voting securities are held by the Company. For the three and nine months ended September 30, 2024 and the period from September 8, 2023 (commencement of operations) through September 30, 2023, the Company had no transactions with affiliated companies.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2024
Commitments and Contingencies [Abstract]
Commitments and Contingencies	4. Commitments and Contingencies As of both September 30, 2024 and December 30, 2023, the Company had no unfunded commitments to provide debt financing to its portfolio companies. As of both September 30, 2024 and December 30, 2023, there were no capital calls or draw requests made by the Company’s portfolio companies. Any such commitments are generally subject to the Company’s discretion to approve or are subject to the satisfaction of certain financial and nonfinancial covenants and involve, to varying degrees, elements of credit risk in excess of the amount recognized in the Company’s Consolidated Statements of Assets and Liabilities and are not reflected in the Company’s Consolidated Statements of Assets and Liabilities. As of September 30, 2024, the Company was not subject to any legal proceedings, although the Company may, from time to time, be involved in litigation arising out of operations in the normal course of business or otherwise.

Investments

Investments	9 Months Ended
Investments	Sep. 30, 2024
Investments [Abstract]
Investments	5. Investments The following table presents the composition of the Company’s investment portfolio at amortized cost and fair value as of September 30, 2024: September 30, 2024 Amortized Fair Cost Value Corporate Bond Investments $ 41,315,505 $ 41,895,576 Senior Secured Loan Debt Instruments 17,431,672 17,531,200 Equity Investments - Preferred Stock 495,570 480,672 Short-Term Investments 7,433,255 7,434,984 Total Investments $ 66,676,002 $ 67,342,432 The Company did not have any investments in its portfolio as of December 31, 2023. 100% of the Company’s investments as of September 30, 2024 were within the United States. The industry composition of investments based on fair value, as a percentage of net assets, as of September 30, 2024 was as follows (the following table does not include short-term investments): Industry September 30, Energy 9.5 % Containers 8.7 % Homebuilders/Real Estate 8.5 % Diversified Support Services 6.8 % Technology 6.8 % Chemicals 5.7 % Building Materials 5.0 % Restaurants 3.4 % Healthcare 3.3 % Services 3.1 % Diversified Financial Services 2.7 % Super Retail 2.7 % Consumer-Products 2.4 % Capital Goods 2.3 % Aerospace/Defense 1.7 % Broadcasting 1.7 % Leisure 1.7 % Publishing/Printing 1.4 % Airlines 1.3 % Utilities 1.1 % Telecommunications 0.9 % Automotive & Auto Parts 0.8 % Gaming 0.7 % Total 82.2 %

Fair Value of Investments

Fair Value of Investments	9 Months Ended
Fair Value of Investments	Sep. 30, 2024
Fair Value of Investments [Abstract]
Fair Value of Investments	6. Fair Value of Investments Fair value is defined as the price that the Company would receive upon selling an investment or paying to transfer a liability in an orderly transaction to a market participant in the principal or most advantageous market for the investment. Accounting guidance emphasizes that valuation techniques maximize the use of observable market inputs and minimize the use of unobservable inputs. The valuation hierarchical levels are based upon the transparency of the inputs to the valuation of the investment as of the measurement date. The three levels are defined as follows: Level 1 — Valuations based on quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 — Valuations based on inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable at the measurement date. This category includes quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in non-active markets including actionable bids from third parties for privately held assets or liabilities, and observable inputs other than quoted prices such as yield curves and forward currency rates that are entered directly into valuation models to determine the value of derivatives or other assets or liabilities. Level 3 — Valuations based on inputs that are unobservable and where there is little, if any, market activity at the measurement date. The inputs for the determination of fair value may require significant management judgment or estimation and are based upon the Adviser’s assessment of the assumptions that market participants would use in pricing the assets or liabilities. These investments include debt and equity investments in private companies or assets valued using the market or income approach, and may involve pricing models whose inputs require significant judgment or estimation because of the absence of any meaningful current market data for identical or similar investments. The inputs in these valuations may include, but are not limited to, capitalization and discount rates and earnings before interest, taxes, depreciation, and amortization (“EBITDA”) multiples. The information may also include pricing information or broker quotes, which include a disclaimer that the broker would not be held to such a price in an actual transaction. The non-binding nature of consensus pricing and/or quotes accompanied by a disclaimer would result in classification as Level 3 information, assuming no additional corroborating evidence. Pricing inputs and weightings applied to determine fair value require subjective determination. Accordingly, valuations do not necessarily represent the amounts that may eventually be realized from sales or other dispositions of investments. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following table presents the fair value hierarchy of the Company’s investments as of September 30, 2024: Fair Value Hierarchy as of September 30, 2024 Description Level 1 Level 2 Level 3 Total Corporate Bond Investments $ - $ 41,895,576 $ - $ 41,895,576 Senior Secured Loan Debt Instruments - 12,572,745 4,958,455 17,531,200 Equity Investments - Preferred Stock - - 480,672 480,672 Short-Term Investments - 7,434,984 - 7,434,984 Total $ - $ 61,903,305 $ 5,439,127 $ 67,342,432 The Company did not have any investments in its portfolio as of December 31, 2023. The following table presents changes in the fair value of investments for which Level 3 inputs were used to determine the fair value for the nine months ended September 30, 2024: Senior Secured Loan Debt Instruments For the Fair value, beginning of period $ - Purchases of investments 4,856,582 Proceeds from principal pre-payments and sales of investments (37,168 ) Realized gain (loss) 702 Net change in unrealized appreciation/(depreciation) 128,443 Net accretion of discount on investments 9,896 Transfers into (out of) Level 3 - Fair value, end of period $ 4,958,455 Equity Investments – Preferred Stock For the Fair value, beginning of period $ - Purchases of investments 495,570 Proceeds from principal pre-payments and sales of investments - Realized gain (loss) - Net change in unrealized appreciation/(depreciation) (14,898 ) Net accretion of discount on investments - Transfers into (out of) Level 3 - Fair value, end of period $ 480,672 The Company did not have any investments in its portfolio for the period from September 8, 2023 (commencement of operations) through September 30, 2023. The following table presents the net change in unrealized appreciation (depreciation) for the period relating to these Level 3 assets that were still held by the Company as of the nine months ended September 30, 2024: Net Change in Unrealized Appreciation/(Depreciation) For the nine months Senior Secured Loan Debt Instruments $ 128,443 Equity Investments – Preferred Stock (14,898 ) Total $ 113,545 The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of September 30, 2024. The table is not intended to be all-inclusive but instead captures the significant unobservable inputs relevant to the Adviser’s determination of fair value. Fair Value Valuation Unobservable Range/Input Weighted Senior Secured Loan Debt Instruments (Non-Liquid 1 $ 4,958,455 Discounted cash flow Discount rate 8.13 % 8.13 % Equity Investments - preferred Stock $ 480,672 Market approach EBITDA multiples 6.04 x 6.04 x Total $ 5,439,127 1) Privately held assets without available third-party pricing or trading information.

Net Assets

Net Assets	9 Months Ended
Net Assets	Sep. 30, 2024
Net Assets [Abstract]
Net Assets	7. Net Assets Common Stock Issuances For the nine months ended September 30, 2024, the Company had the following Common Stock issuances (exclusive of shares of Common Stock issued under the Distribution Reinvestment Plan, as described below): Date Shares Aggregate January 19, 2024 72,000.0 $ 72,000,000 For the period from September 8, 2023 (commencement of operations) through September 30, 2023, the Company had the following Common Stock issuances: Date Shares Aggregate September 8, 2023 1.0 $ 1,000 Distributions For the nine months ended September 30, 2024, the Company declared the following distributions: Record Date Payable Date Distribution Distribution May 9, 2024 May 20, 2024 $ 8.23 $ 592,568 August 8, 2024 August 19, 2024 $ 9.59 $ 690,727 For the period from September 8, 2023 (commencement of operations) through September 30, 2023, the Company did not declare any distributions. Distribution Reinvestment Plan The Company has adopted a distribution reinvestment plan (“DRP”), pursuant to which it will reinvest all cash dividends and other distributions declared by the Board on behalf of its stockholders who do not elect to receive their dividends or other distributions in cash as provided below. As a result, if the Board authorizes, and the Company declares, a cash dividend or other distribution, then stockholders who have not opted out of the DRP will have their cash dividends or other distributions automatically reinvested in additional shares of Common Stock as described below, rather than receiving the cash dividend or other distribution. No action is required on the part of a registered stockholder to have his, her or its cash dividend or other distribution reinvested in shares of Common Stock. Stockholders can elect to “opt out” of the DRP in their Subscription Agreement or terminate their participation in the DRP under its terms at a later date. If a stockholder elects to opt out of the DRP, it will receive any cash dividends or other distributions the Company declares in cash. Shares of Common Stock will be issued to each stockholder who participates in the DRP (i) in the event that the applicable Reference NAV (as defined below) has been approved by the Board (or a committee thereof) prior to the payment date of such cash distribution (the “Payment Date”), on the Payment Date or (ii) otherwise, promptly after the date that the Reference NAV has been approved by the Board (or a committee thereof). The purchase price for shares of Common Stock purchased under the DRP will be determined by dividing the total dollar amount of the distribution payable to a DRP participant by the net asset value per share of the Company’s Common Stock as of the last day of the fiscal quarter immediately preceding the date such distribution was declared (the “Reference NAV”); provided that in the event a distribution is declared on the last day of a fiscal quarter, the Reference NAV shall be deemed to be the net asset value per share of the Company’s Common Stock as of such day. The following table reflects the shares issued under the DRP to participants from September 8, 2023 (commencement of operations) through September 30, 2024: Record Date Payment Date Shares Issued May 9, 2024 May 20, 2024 24.7 August 8, 2024 August 19, 2024 28.9

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	8. 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 common share for the nine and three months ended September 30, 2024: For the For the Net increase (decrease) in net assets resulting from operations $ 1,994,412 $ 1,191,142 Weighted average common shares of common stock outstanding – basic and diluted 67,287.7 72,039.2 Basic and diluted net increase (decrease) in net assets resulting from operations per common share $ 29.64 $ 16.53

Consolidated Financial Highligh

Consolidated Financial Highlights	9 Months Ended
Consolidated Financial Highlights	Sep. 30, 2024
Consolidated Financial Highlights [Abstract]
Consolidated Financial Highlights	9. Consolidated Financial Highlights The following is a schedule of consolidated financial highlights for the nine months ended September 30, 2024 and the period from September 8, 2023 (commencement of operations) through September 30, 2023. The per common share data has been derived from information provided in the consolidated financial statements. For the September 30, For the period Per Common Share Operating Performance Net Asset Value, Beginning of Period $ 1,000.00 1,000.00 Results of Operations: Net Investment Income (Loss) (1) 18.94 - Net Realized Gains/(Losses) and Unrealized Appreciation/(Depreciation) 8.80 - Net Increase (Decrease) in Net Assets Resulting from Operations 27.74 - Distributions to Common Stockholders Distributions from Net Investment Income (17.82 ) - Net Decrease in Net Assets Resulting from Distributions (17.82 ) - Capital Share Transactions Issuance of Common Stock (2) (0.05 ) - Net Increase (Decrease) Resulting from Capital Share Transactions (0.05 ) - Net Asset Value, End of Period $ 1,009.87 1,000.00 Shares Outstanding, End of Period 72,054.6 1.0 Ratio/Supplemental Data Net assets, end of period $ 72,765,814 1,000 Weighted-average shares outstanding (3) 67,287.7 1.0 Total Return (4) 2.78 % 0.00 % Portfolio turnover (5) 109.23 % 0.00 % Ratio of total expenses to average net assets (6) 7.79 % 0.00 % Ratio of net investment income (loss) to average net assets (6) 3.02 % 0.00 % (1) The per common share data was derived using weighted average shares outstanding. (2) Represents offering costs charged to paid-in capital. (3) Calculated for the nine months ended September 30, 2024. (4) Total return is based upon the change in net asset value per share between the opening and ending net asset values per share and the issuance of common stock in the period, and reflects reinvestment of any distributions to common stockholders. Total return is not annualized and does not include a sales load. (5) Portfolio turnover is not an annualized amount. (6) The ratios reflect an annualized amount. Non-recurring expenses were not annualized. During the period, the Company incurred $175,257 of Organizational Expenses, which were deemed to be non-recurring.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	10. Subsequent Events In preparing these consolidated financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the consolidated financial statements were issued. The Company has determined that there were no subsequent events that occurred during such period that would require disclosure in this Form 10-Q or would be required to be recognized in the consolidated financial statements as of September 30, 2024, except as disclosed below. On October 1, 2024, the Company sold 19,710.45 shares of common stock, par value $0.001 per share, for an aggregate offering price of $20,000,000. The sale of shares was made pursuant to subscription agreements entered into by the Company and its investors. On November 7, 2024, the Company declared a distribution of $4.70 per share, or $431,296, payable on November 21, 2024. On November 7, 2024, the Board of Directors of the Company approved an amendment to the Company’s DRP to clarify the method of calculation for the number of shares issuable under the DRP upon the Board’s declaration of a cash dividend. The amended DRP is effective as of November 21, 2024.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
Pay vs Performance Disclosure - USD ($)	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Pay vs Performance Disclosure
Net Income (Loss)		$ 1,191,142	$ 1,994,412

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 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	9 Months Ended
N-2 - $ / shares	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Sep. 07, 2023
Cover [Abstract]
Entity Central Index Key	0001985375
Amendment Flag	false
Securities Act File Number	814-01659
Document Type	10-Q
Entity Registrant Name	Muzinich Corporate Lending Income Fund, Inc.
Entity Address, Address Line One	450 Park Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	(212)
Local Phone Number	888-3413
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
General Description of Registrant [Abstract]
Investment Objectives and Practices [Text Block]	Overview We were formed on July 5, 2023 under the laws of the State of Delaware. We were initially formed with the name Muzinich Direct Lending Income Fund, Inc., which we changed to Muzinich Corporate Lending Income Fund, Inc. on August 25, 2023. We are structured as an externally managed, non-diversified, closed-end management investment company that has filed an election to be regulated as a BDC under the Investment Company Act of 1940, as amended (the “1940 Act”). We have elected to be treated and intend to qualify annually as a RIC under Subchapter M of the Code for U.S. federal income tax purposes. As such, are required to comply with various regulatory requirements, such as the requirement to invest at least 70% of our assets in “qualifying assets,” source of income limitations, asset diversification requirements, and the requirement to distribute annually at least 90% of our taxable income and tax-exempt interest. As of September 30, 2024, we had capital commitments from investors in the amount of $72,000,000. As of September 30, 2024, we had additional paid-in capital in the amount of $72,054,625. See “ Equity Activity”
Risk Factors [Table Text Block]	Item 1A. Risk Factors You should carefully consider the risks referenced below and all other information contained in this Quarterly Report on Form 10-Q, including our interim consolidated financial statements and the related notes thereto, before making a decision to purchase our securities. Any such risks and uncertainties are not the only ones facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may have a material adverse effect on our business, financial condition and/or operating results, as well as the value of our securities. In addition to the other information set forth in this report, you should carefully consider the risk factors previously disclosed in our Annual Report on Form 10-K for the period ended December 31, 2023 (filed with the SEC on March 29, 2024), which could materially affect our business, financial condition or operating results.
Effects of Leverage [Table Text Block]	The use of leverage also involves significant risks. Certain trading practices and transactions, which may include, among others, reverse repurchase agreements and the use of when-issued, delayed delivery or forward commitment transactions, may be considered to be borrowings or involve leverage and thus are also subject to 1940 Act restrictions. Short-term credits necessary for the settlement of securities transactions and arrangements with respect to securities lending will not be considered to be borrowings for these purposes. Practices and investments that may involve leverage but are not considered to be borrowings are not subject to the asset coverage requirement. These investments may include certain investments or instruments that have embedded leverage, which may increase the risk of loss from such investments, but are not considered to be borrowings. The amount of leverage that we employ will depend on our Adviser’s and the Board’s assessment of market conditions and other factors at the time of any proposed borrowing, and there can be no assurance that we will use leverage or that our leveraging strategy will be successful during any period in which it is employed.
NAV Per Share	$ 1,009.87	$ 1,000	$ 1,000	$ 1,000

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
Accounting Policies, by Policy (Policies)	Sep. 30, 2024
Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying consolidated financial statements of the Company and related financial information have been prepared pursuant to the requirements for reporting on Form 10-Q and Regulation S-X under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company has determined it meets the definition of an investment company and follows the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946 – Financial Services – Investment Companies (“ASC Topic 946”).
Basis of Consolidation	Basis of Consolidation Under Article 6 of Regulation S-X and the American Institute of Certified Public Accountants’ (“AICPA”) Audit and Accounting Guide for Investment Companies, the Company is precluded from consolidating any entity other than another investment company, a controlled operating company that provides substantially all of its services and benefits to the Company, and certain entities established for tax purposes where the Company holds a 100% interest. Accordingly, the Company’s consolidated financial statements include its accounts and the accounts of the Subsidiary. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of increases and decreases in net assets from operations during the reported periods. The Company believes the estimates and assumptions underlying the consolidated financial statements are reasonable and supportable based on the information available as of September 30, 2024 and December 31, 2023, however macroeconomic, geopolitical and other events may have an impact on the global economy generally, and the Company’s business in particular, making any estimates and assumptions as of September 30, 2024 and December 31, 2023 inherently less certain than they would be absent the current and potential impacts of such circumstances. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ materially.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents are defined as cash, money market funds, U.S. government securities and investment grade debt instruments with original maturities of three months or less when purchased by the Company. The Company deposits its cash and cash equivalents with financial institutions and, at times, may exceed the Federal Deposit Insurance Corporation insured limit.
Principal Paydowns	Principal Paydowns The Company may receive principal repayments on its debt investments (“Paydowns”). Any unsettled Paydowns as of period-end are reflected in the Consolidated Statements of Assets and Liabilities, and any realized gains or losses incurred from such Paydowns are reflected as interest income in the Consolidated Statements of Operations.
Offering Costs	Offering Costs Offering costs are recorded as a reduction to paid-in capital. For the three and nine months ended September 30, 2024, the Company incurred offering costs of $0 and $190,205 respectively.
Company Common Stock Share Valuation	Company Common Stock Share Valuation In accordance with U.S. GAAP, the net asset value (“NAV”) per share of the outstanding shares of common stock of the Company is determined at least quarterly by dividing the value of total assets minus liabilities by the total number of shares outstanding.
Valuation of Portfolio Securities	Valuation of Portfolio Securities As a BDC, the Company will generally invest in illiquid securities, including debt and equity investments of middle-market companies. Under procedures adopted by the Board of Directors, market quotations are generally used to assess the value of the investments for which market quotations are readily available. Short-term investments that have maturities of less than 60 days at time of purchase are valued at amortized cost, which, when combined with any accrued interest, approximates market value. The Company expects that there will not be readily available market values for many of the investments which are or will be in its portfolio, and such investments will be valued at fair value as determined in good faith by the Adviser, under the oversight of the Board, pursuant to the Adviser’s valuation policy and process as described below. The factors that the Adviser may take into account in determining the fair value of the Company’s generally include, as appropriate, comparisons of financial ratios of the portfolio companies that issued such private equity securities to peer companies that are public, the nature and realizable value of any collateral, the portfolio company’s ability to make payments and its earnings and discounted cash flow, the markets in which the portfolio company does business and other relevant factors. When an external event such as a purchase transaction, public offering or subsequent equity sale occurs, the Adviser considers the pricing indicated by the external event to corroborate or revise the valuation. Under current auditing standards, the notes to the Company’s consolidated financial statements refer to the uncertainty with respect to the possible effect of such valuations, and any change in such valuations, on the consolidated financial statements. With respect to investments for which market quotations are not readily available, the Adviser determines the fair value of such investments in good faith pursuant to Rule 2a-5 under the 1940 Act. Pursuant to Rule 2a-5, the Board has designated the Adviser to perform the fair valuation determinations of the Company’s investments for which market quotations are not readily available, subject to Board oversight, pursuant to valuation procedures approved by the Board of Directors which follow a multi-step valuation process each quarter (or more frequently, as appropriate), as described below: (1) Each portfolio company or investment is initially valued by the investment professionals of the Adviser responsible for the portfolio investment and the “Portfolio Committee” of the Adviser; (2) Preliminary valuation conclusions are then documented and discussed with the Company’s senior management and that of the Adviser; (3) At least once annually, the valuation for each portfolio investment is reviewed by an independent valuation firm; (4) In following these approaches, the types of factors that are taken into account in determining the fair value of such investments include, as relevant, but are not limited to: comparison to publicly traded securities, including such factors as yield, maturity and measures of credit quality; the enterprise value of a portfolio company; the nature and realizable value of any collateral; the portfolio company’s ability to make payments and its earnings and discounted cash flow; and the markets in which the portfolio company does business; (5) The Audit Committee of the Board of Directors reviews the valuations of the Adviser on a quarterly basis; and (6) The Board of Directors oversees the Company’s valuation process and in support of this oversight, the Adviser provides periodic reports to the Board on valuation matters.
Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation	Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation The Company measures realized gains or losses by the difference between the net proceeds from the repayment or sale and the amortized cost basis of the investment, without regard to unrealized appreciation or depreciation previously recognized, but considering unamortized upfront fees and prepayment penalties. Net change in unrealized appreciation or depreciation reflects the change in portfolio investment values during the reporting period, including any reversal of previously recorded unrealized appreciation or depreciation, when gains or losses are realized.
Interest and Dividend Income Recognition	Interest and Dividend Income Recognition Interest income is recorded on an accrual basis and includes amortization of premiums or accretion of discounts. Discounts and premiums to par value on securities purchased are accreted and amortized, respectively, into interest income over the contractual life of the respective security using the effective interest method. The amortized cost of investments represents the original cost adjusted for the amortization of premiums or accretion of discounts, if any. Upon prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts are recorded as interest income in the current period. Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection. Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly traded portfolio companies.
Payment-in-Kind Interest	Payment-in-Kind Interest The Company does not currently hold, but expects to hold in the future, some investments in its portfolio that contain PIK interest provisions. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan, rather than being paid to the Company in cash, and is recorded as interest income. Thus, the actual collection of PIK interest may be deferred until the time of debt principal repayment. PIK interest, which is a non-cash source of income, is included in the Company’s taxable income and therefore affects the amount the Company is required to distribute to shareholders to maintain its qualification as a RIC for U.S. federal income tax purposes, even though the Company has not yet collected the cash. Generally, when current cash interest and/or principal payments on a loan become past due, or if the Company otherwise does not expect the borrower to be able to service its debt and other obligations, the Company will place the investment on non-accrual status and will generally cease recognizing PIK interest income on that loan for financial reporting purposes until all principal and interest have been brought current through payment or due to a restructuring such that the interest income is deemed to be collectible. The Company writes off any accrued and uncollected PIK interest when it is determined that the PIK interest is no longer collectible.
Other Income	Other Income From time to time, the Company may receive fees for services provided to portfolio companies. These fees will generally only be available to the Company as a result of closing investments, will normally be paid at the closing of the investment, are expected to be non-recurring and will be recognized as revenue when earned upon closing of the investment. The services provided vary by investment, but can include closing work, diligence or other similar fees and fees for providing managerial assistance to the Company’s portfolio companies. In addition, the Company may generate revenue in the form of commitment, origination, structuring or diligence fees, monitoring fees and possibly consulting and performance-based fees.
Deal Origination Costs	Deal Origination Costs The Company records origination and other expenses related to its investments as deferred financing costs. These expenses are deferred and amortized over the life of the related investment. Deal origination costs are presented on the Consolidated Statements of Assets and Liabilities as a direct deduction from the investment. In circumstances in which there is not an associated investment amount recorded in the consolidated financial statements when the deal origination costs are incurred, such deal origination costs will be reported on the Consolidated Statements of Assets and Liabilities as a liability until the investment is recorded.
Distributions to Stockholders	Distributions to Stockholders Distributions to stockholders are recorded on the record date. The amount to be distributed is determined by the Board of Directors and is generally based upon current and estimated net earnings. Net realized long-term capital gains, if any, would be generally distributed at least annually, although the Company may decide to retain such capital gains for investment. The Company has adopted a Distribution Reinvestment Plan, pursuant to which it will reinvest all cash dividends declared by the Board of Directors on behalf of its stockholders who do not elect to receive their dividends in cash. For more information on the Distribution Reinvestment Plan, see “Note 7. Net Assets – Distribution Reinvestment Plan” in these Notes to Consolidated Financial Statements.
Foreign Security and Currency Translations	Foreign Security and Currency Translations Foreign security and currency translations may involve certain considerations and risks not typically associated with investing in U.S. companies and U.S. government securities. These risks include, but are not limited to, currency fluctuations and revaluations and future adverse political, social and economic developments, which could cause investments in foreign markets to be less liquid and prices to be more volatile than those of comparable U.S. companies or U.S. government securities.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all accounting standard updates (“ASUs”) issued by the FASB. ASUs not listed were assessed by the Company and either determined to be not applicable or expected to have minimal impact on its consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”),” which enhances disclosure requirements about significant segment expenses that are regularly provided to the chief operating decision maker (the “CODM”). ASU 2023-07, among other things, (i) requires a single segment public entity to provide all of the disclosures as required by Topic 280, (ii) requires a public entity to disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources and (iii) provides the ability for a public entity to elect more than one performance measure. ASU 2023-07 is effective for the fiscal years beginning after December 15, 2023, and interim periods beginning with the first quarter ended March 31, 2025. Early adoption is permitted and retrospective adoption is required for all prior periods presented. The Company is currently assessing the impact of this guidance; however, the Company does not expect a material impact to its consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”),” which intends to improve the transparency of income tax disclosures. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024 and is to be adopted on a prospective basis with the option to apply retrospectively. The Company is currently assessing the impact of this guidance; however, the Company does not expect a material impact to its consolidated financial statements.
Income Taxes	Income Taxes The Company has elected to be treated for U.S. federal income tax purposes as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). So long as the Company maintains its status as a RIC, it generally will not be subject to U.S. federal income taxes on any ordinary income or capital gains that it distributes to its stockholders as dividends. Rather, any tax liability related to income distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company. The Company will be subject to U.S. federal income tax at the regular corporate rates on any income, including capital gains not distributed (or deemed distributed) to its stockholders. To qualify as a RIC under Subchapter M of the Code, the Company must, among other things, meet certain source of income and asset diversification requirements. In addition, to qualify for taxation as a RIC, the Company must distribute to its stockholders on a timely basis each year at least 90% of its “investment company taxable income,” which is generally its net ordinary taxable income plus the excess of its realized net short-term capital gains over its realized net long-term capital losses. In order for the Company not to be subject to a 4% nondeductible U.S. federal excise tax on certain undistributed income, it must distribute annually an amount at least equal to the sum of (i) 98.0% of its net ordinary income for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one-year period ending on October 31 of the calendar year and (iii) any ordinary income and net capital gains that it recognized for preceding years that were not distributed during such years and on which the Company paid no U.S. federal income tax. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated 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. In March 2024, the Company established the Subsidiary to hold equity or equity-like investments in partnerships. All intercompany balances are eliminated in consolidation and the Company is consolidated with the Subsidiary for accounting purposes, but the Subsidiary is not consolidated with the Company for U.S. federal income tax purposes and may incur U.S. federal income tax expense as a result. Although the Company files federal and state tax returns, its major tax jurisdiction is federal.

Investments (Tables)

Investments (Tables)	9 Months Ended
Investments (Tables)	Sep. 30, 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 September 30, 2024: September 30, 2024 Amortized Fair Cost Value Corporate Bond Investments $ 41,315,505 $ 41,895,576 Senior Secured Loan Debt Instruments 17,431,672 17,531,200 Equity Investments - Preferred Stock 495,570 480,672 Short-Term Investments 7,433,255 7,434,984 Total Investments $ 66,676,002 $ 67,342,432
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets	100% of the Company’s investments as of September 30, 2024 were within the United States. The industry composition of investments based on fair value, as a percentage of net assets, as of September 30, 2024 was as follows (the following table does not include short-term investments): Industry September 30, Energy 9.5 % Containers 8.7 % Homebuilders/Real Estate 8.5 % Diversified Support Services 6.8 % Technology 6.8 % Chemicals 5.7 % Building Materials 5.0 % Restaurants 3.4 % Healthcare 3.3 % Services 3.1 % Diversified Financial Services 2.7 % Super Retail 2.7 % Consumer-Products 2.4 % Capital Goods 2.3 % Aerospace/Defense 1.7 % Broadcasting 1.7 % Leisure 1.7 % Publishing/Printing 1.4 % Airlines 1.3 % Utilities 1.1 % Telecommunications 0.9 % Automotive & Auto Parts 0.8 % Gaming 0.7 % Total 82.2 %

Fair Value of Investments (Tabl

Fair Value of Investments (Tables)	9 Months Ended
Fair Value of Investments (Tables)	Sep. 30, 2024
Fair Value of Investments [Abstract]
Schedule of Fair Value Hierarchy	The following table presents the fair value hierarchy of the Company’s investments as of September 30, 2024: Fair Value Hierarchy as of September 30, 2024 Description Level 1 Level 2 Level 3 Total Corporate Bond Investments $ - $ 41,895,576 $ - $ 41,895,576 Senior Secured Loan Debt Instruments - 12,572,745 4,958,455 17,531,200 Equity Investments - Preferred Stock - - 480,672 480,672 Short-Term Investments - 7,434,984 - 7,434,984 Total $ - $ 61,903,305 $ 5,439,127 $ 67,342,432
Schedule of Changes in the Fair Value of Investments	The following table presents changes in the fair value of investments for which Level 3 inputs were used to determine the fair value for the nine months ended September 30, 2024: Senior Secured Loan Debt Instruments For the Fair value, beginning of period $ - Purchases of investments 4,856,582 Proceeds from principal pre-payments and sales of investments (37,168 ) Realized gain (loss) 702 Net change in unrealized appreciation/(depreciation) 128,443 Net accretion of discount on investments 9,896 Transfers into (out of) Level 3 - Fair value, end of period $ 4,958,455 Equity Investments – Preferred Stock For the Fair value, beginning of period $ - Purchases of investments 495,570 Proceeds from principal pre-payments and sales of investments - Realized gain (loss) - Net change in unrealized appreciation/(depreciation) (14,898 ) Net accretion of discount on investments - Transfers into (out of) Level 3 - Fair value, end of period $ 480,672
Schedule of Net Change in Unrealized Appreciation (Depreciation)	The following table presents the net change in unrealized appreciation (depreciation) for the period relating to these Level 3 assets that were still held by the Company as of the nine months ended September 30, 2024: Net Change in Unrealized Appreciation/(Depreciation) For the nine months Senior Secured Loan Debt Instruments $ 128,443 Equity Investments – Preferred Stock (14,898 ) Total $ 113,545
Schedule of Significant Unobservable Inputs	The table is not intended to be all-inclusive but instead captures the significant unobservable inputs relevant to the Adviser’s determination of fair value. Fair Value Valuation Unobservable Range/Input Weighted Senior Secured Loan Debt Instruments (Non-Liquid 1 $ 4,958,455 Discounted cash flow Discount rate 8.13 % 8.13 % Equity Investments - preferred Stock $ 480,672 Market approach EBITDA multiples 6.04 x 6.04 x Total $ 5,439,127

Net Assets (Tables)

Net Assets (Tables)	9 Months Ended
Net Assets (Tables)	Sep. 30, 2024
Net Assets [Abstract]
Schedule of Common Stock Issuances	For the nine months ended September 30, 2024, the Company had the following Common Stock issuances (exclusive of shares of Common Stock issued under the Distribution Reinvestment Plan, as described below): Date Shares Aggregate January 19, 2024 72,000.0 $ 72,000,000 Date Shares Aggregate September 8, 2023 1.0 $ 1,000
Schedule of Company Declared Distributions	For the nine months ended September 30, 2024, the Company declared the following distributions: Record Date Payable Date Distribution Distribution May 9, 2024 May 20, 2024 $ 8.23 $ 592,568 August 8, 2024 August 19, 2024 $ 9.59 $ 690,727
Schedule of Shares Issued	The following table reflects the shares issued under the DRP to participants from September 8, 2023 (commencement of operations) through September 30, 2024: Record Date Payment Date Shares Issued May 9, 2024 May 20, 2024 24.7 August 8, 2024 August 19, 2024 28.9

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of basic and diluted earnings per common share for the nine and three months ended September 30, 2024: For the For the Net increase (decrease) in net assets resulting from operations $ 1,994,412 $ 1,191,142 Weighted average common shares of common stock outstanding – basic and diluted 67,287.7 72,039.2 Basic and diluted net increase (decrease) in net assets resulting from operations per common share $ 29.64 $ 16.53

Consolidated Financial Highli_2

Consolidated Financial Highlights (Tables)	9 Months Ended
Consolidated Financial Highlights (Tables)	Sep. 30, 2024
Consolidated Financial Highlights [Abstract]
Schedule of Consolidated Financial Highlights	The following is a schedule of consolidated financial highlights for the nine months ended September 30, 2024 and the period from September 8, 2023 (commencement of operations) through September 30, 2023. The per common share data has been derived from information provided in the consolidated financial statements. For the September 30, For the period Per Common Share Operating Performance Net Asset Value, Beginning of Period $ 1,000.00 1,000.00 Results of Operations: Net Investment Income (Loss) (1) 18.94 - Net Realized Gains/(Losses) and Unrealized Appreciation/(Depreciation) 8.80 - Net Increase (Decrease) in Net Assets Resulting from Operations 27.74 - Distributions to Common Stockholders Distributions from Net Investment Income (17.82 ) - Net Decrease in Net Assets Resulting from Distributions (17.82 ) - Capital Share Transactions Issuance of Common Stock (2) (0.05 ) - Net Increase (Decrease) Resulting from Capital Share Transactions (0.05 ) - Net Asset Value, End of Period $ 1,009.87 1,000.00 Shares Outstanding, End of Period 72,054.6 1.0 Ratio/Supplemental Data Net assets, end of period $ 72,765,814 1,000 Weighted-average shares outstanding (3) 67,287.7 1.0 Total Return (4) 2.78 % 0.00 % Portfolio turnover (5) 109.23 % 0.00 % Ratio of total expenses to average net assets (6) 7.79 % 0.00 % Ratio of net investment income (loss) to average net assets (6) 3.02 % 0.00 % (1) The per common share data was derived using weighted average shares outstanding. (2) Represents offering costs charged to paid-in capital. (3) Calculated for the nine months ended September 30, 2024. (4) Total return is based upon the change in net asset value per share between the opening and ending net asset values per share and the issuance of common stock in the period, and reflects reinvestment of any distributions to common stockholders. Total return is not annualized and does not include a sales load. (5) Portfolio turnover is not an annualized amount. (6) The ratios reflect an annualized amount. Non-recurring expenses were not annualized. During the period, the Company incurred $175,257 of Organizational Expenses, which were deemed to be non-recurring.

Organization (Details)

Organization (Details)	Sep. 30, 2024 $ / shares
Common Stock [Member]
Organization [Line Items]
Common stock, par value	$ 0.001

Significant Accounting Polici_2

Significant Accounting Policies (Details)	3 Months Ended	9 Months Ended
Significant Accounting Policies (Details)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)
Significant Accounting Policies [Line Items]
Interest percentage	100%	100%
Investment company taxable income percentage		90%
Percentage of nondeductible U.S. federal excise tax		4%
Percentage of net ordinary income		98%
Percentage of capital gains in excess of capital losses		98.20%
Percentage of carry forward taxable income		4%
Offering Costs [Member]
Significant Accounting Policies [Line Items]
Incurred offering costs (in Dollars)	$ 0	$ 190,205

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)		1 Months Ended	3 Months Ended	9 Months Ended
Related Party Transactions (Details) - USD ($)		Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Agreements and Related Party Transactions [Line Items]
Organizational and offering fees			$ 13,775	$ 13,775
Annual management fees				1.25%
Base management fees		$ 0	226,972	$ 627,602
Pre-incentive fee net investment income	[1]	0%		7.79%
Incentive fee, description				●No incentive fee based on Pre-Incentive Fee Net Investment Income Returns in any calendar quarter in which the Company’s Pre-Incentive Fee Net Investment Income Returns do not exceed the hurdle rate of 1.75% per quarter (7% annualized); ● 100% of the dollar amount of Pre-Incentive Fee Net Investment Income Returns with respect to that portion of such Pre-Incentive Fee Net Investment Income Returns, if any, that exceeds the hurdle rate until the Adviser has received 12.5% of the total Pre-Incentive Fee Net Investment Income Returns for that calendar quarter (the Company refers to this portion of the Pre-Incentive Fee Net Investment Income Returns (which exceeds the hurdle rate) as the “catch-up”); and ● 12.5% of the dollar amount of all Pre-Incentive Fee Net Investment Income Returns, if any, once the Adviser has received the full catch-up.
Realized capital gains percentage				12.50%
Incentive fees		$ 0	75,306	$ 90,052
Total costs of reimbursable		$ 0		$ 15,106
Share held by affiliated (in Shares)				1
Outstanding shares percentage				0.001%
Percentage of outstanding voting securities				5%
Adviser [Member]
Agreements and Related Party Transactions [Line Items]
Organizational and offering fees			$ 365,462	$ 365,462
Per quarter [Member]
Agreements and Related Party Transactions [Line Items]
Pre-incentive fee net investment income				1.75%
Annual [Member]
Agreements and Related Party Transactions [Line Items]
Pre-incentive fee net investment income				7%

[1]The ratios reflect an annualized amount. Non-recurring expenses were not annualized. During the period, the Company incurred $175,257 of Organizational Expenses, which were deemed to be non-recurring.

Investments (Details)

Investments (Details)	Sep. 30, 2024
United States [Member]
Investments [Line Items]
Investment amount	100%

Investments (Details) - Schedul

Investments (Details) - Schedule of Investment Portfolio at Amortized Cost and Fair Value	Sep. 30, 2024 USD ($)
Amortized Cost [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	$ 66,676,002
Amortized Cost [Member] \| Corporate Bond Investments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	41,315,505
Amortized Cost [Member] \| Senior Secured Loan Debt Instruments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	17,431,672
Amortized Cost [Member] \| Equity Investments - Preferred Stock [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	495,570
Amortized Cost [Member] \| Short-Term Investments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Amortized Cost	7,433,255
Fair Value [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Fair Value	67,342,432
Fair Value [Member] \| Corporate Bond Investments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Fair Value	41,895,576
Fair Value [Member] \| Senior Secured Loan Debt Instruments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Fair Value	17,531,200
Fair Value [Member] \| Equity Investments - Preferred Stock [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Fair Value	480,672
Fair Value [Member] \| Short-Term Investments [Member]
Schedule of Investment Portfolio at Amortized Cost and Fair Value [Line Items]
Fair Value	$ 7,434,984

Investments (Details) - Sched_2

Investments (Details) - Schedule of Investments Based on Fair Value, as a Percentage of Net Assets	Sep. 30, 2024
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	82.20%
Energy [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	9.50%
Containers [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	8.70%
Homebuilders/Real Estate [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	8.50%
Diversified Support Services [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	6.80%
Technology [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	6.80%
Chemicals [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	5.70%
Building Materials [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	5%
Restaurants [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	3.40%
Health Care [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	3.30%
Services [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	3.10%
Diversified Financial Services [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	2.70%
Super Retail [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	2.70%
Consumer-Products [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	2.40%
Capital Goods [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	2.30%
Aerospace/Defense [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	1.70%
Broadcasting [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	1.70%
Leisure [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	1.70%
Publishing/Printing [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	1.40%
Airlines [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	1.30%
Utilities [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	1.10%
Telecommunications [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	0.90%
Automotive & Auto Parts [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	0.80%
Gaming [Member]
Schedule of Investments Based on Fair Value, as a Percentage of Net Assets [Line Items]
Percentage of net assets	0.70%

Fair Value of Investments (Deta

Fair Value of Investments (Details) - Schedule of Fair Value Hierarchy	Sep. 30, 2024 USD ($)
Corporate Bond Investments [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	$ 41,895,576
Corporate Bond Investments [Member] \| Level 1 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Corporate Bond Investments [Member] \| Level 2 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	41,895,576
Corporate Bond Investments [Member] \| Level 3 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Senior Secured Loan Debt Instruments [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	17,531,200
Senior Secured Loan Debt Instruments [Member] \| Level 1 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Senior Secured Loan Debt Instruments [Member] \| Level 2 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	12,572,745
Senior Secured Loan Debt Instruments [Member] \| Level 3 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	4,958,455
Equity Investments - Preferred Stock [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	480,672
Equity Investments - Preferred Stock [Member] \| Level 1 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Equity Investments - Preferred Stock [Member] \| Level 2 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Equity Investments - Preferred Stock [Member] \| Level 3 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	480,672
Short-Term Investments [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	7,434,984
Short-Term Investments [Member] \| Level 1 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Short-Term Investments [Member] \| Level 2 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	7,434,984
Short-Term Investments [Member] \| Level 3 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Fair Value Measurement [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	67,342,432
Fair Value Measurement [Member] \| Level 1 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments
Fair Value Measurement [Member] \| Level 2 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	61,903,305
Fair Value Measurement [Member] \| Level 3 [Member]
Schedule of Fair Value Hierarchy [Line Items]
Fair value of investments	$ 5,439,127

Fair Value of Investments (De_2

Fair Value of Investments (Details) - Schedule of Changes in the Fair Value of Investments - Level 3 [Member]	9 Months Ended
	Sep. 30, 2024 USD ($)
Senior Secured Loan Debt Instruments [Member]
Schedule of Changes in the Fair Value of Investments [Line Items]
Fair value, beginning of period
Purchases of investments	4,856,582
Proceeds from principal pre-payments and sales of investments	(37,168)
Realized gain (loss)	702
Net change in unrealized appreciation/(depreciation)	128,443
Net accretion of discount on investments	9,896
Transfers into (out of) Level 3
Fair value, end of period	4,958,455
Equity Investments – Preferred Stock [Member]
Schedule of Changes in the Fair Value of Investments [Line Items]
Fair value, beginning of period
Purchases of investments	495,570
Proceeds from principal pre-payments and sales of investments
Realized gain (loss)
Net change in unrealized appreciation/(depreciation)	(14,898)
Net accretion of discount on investments
Transfers into (out of) Level 3
Fair value, end of period	$ 480,672

Fair Value of Investments (De_3

Fair Value of Investments (Details) - Schedule of Net Change in Unrealized Appreciation (Depreciation) - Level 3 [Member]	9 Months Ended
	Sep. 30, 2024 USD ($)
Schedule of Net Change in Unrealized Appreciation (Depreciation) [Line Items]
Net Change in Unrealized Appreciation/(Depreciation)	$ 113,545
Senior Secured Loan Debt Instruments [Member]
Schedule of Net Change in Unrealized Appreciation (Depreciation) [Line Items]
Net Change in Unrealized Appreciation/(Depreciation)	128,443
Equity Investments – Preferred Stock [Member] [Member]
Schedule of Net Change in Unrealized Appreciation (Depreciation) [Line Items]
Net Change in Unrealized Appreciation/(Depreciation)	$ (14,898)

Fair Value of Investments (De_4

Fair Value of Investments (Details) - Schedule of Significant Unobservable Inputs - Level 3 [Member]	9 Months Ended
	Sep. 30, 2024 USD ($)
Schedule of Significant Unobservable Inputs [Line Items]
Fair Value	$ 5,439,127
Senior Secured Loan Debt Instruments [Member]
Schedule of Significant Unobservable Inputs [Line Items]
Fair Value	$ 4,958,455	[1]
Valuation Technique	Discounted cash flow	[1]
Unobservable Input	Discount rate	[1]
Range/Input	8.13%	[1]
Weighted Average Inputs	8.13%	[1]
Equity Investments - Preferred Stock [Member]
Schedule of Significant Unobservable Inputs [Line Items]
Fair Value	$ 480,672
Valuation Technique	Market approach
Unobservable Input	EBITDA multiples
Range/Input	6.04%
Weighted Average Inputs	6.04%

[1]Privately held assets without available third-party pricing or trading information.

Net Assets (Details) - Schedule

Net Assets (Details) - Schedule of Common Stock Issuances	9 Months Ended
Net Assets (Details) - Schedule of Common Stock Issuances	Sep. 30, 2024 USD ($) shares
January 19, 2024 [Member]
Schedule of Common Stock Issuances [Line Items]
Shares issued and sold \| shares	72,000
Aggregate purchase price \| $	$ 72,000,000
September 8, 2023 [Member]
Schedule of Common Stock Issuances [Line Items]
Shares issued and sold \| shares	1
Aggregate purchase price \| $	$ 1,000

Net Assets (Details) - Schedu_2

Net Assets (Details) - Schedule of Company Declared Distributions	9 Months Ended
	Sep. 30, 2024 USD ($) $ / shares
May 9, 2024 [Member]
Schedule of Company Declared Distributions [Line Items]
Payable Date	May 20, 2024
Distribution Rate per Share \| $ / shares	$ 8.23
Distribution Paid \| $	$ 592,568
August 8, 2024 [Member]
Schedule of Company Declared Distributions [Line Items]
Payable Date	Aug. 19, 2024
Distribution Rate per Share \| $ / shares	$ 9.59
Distribution Paid \| $	$ 690,727

Net Assets (Details) - Schedu_3

Net Assets (Details) - Schedule of Shares Issued	9 Months Ended
Net Assets (Details) - Schedule of Shares Issued	Sep. 30, 2024 $ / shares
May 9, 2024 [Member]
Net Assets (Details) - Schedule of Shares Issued [Line Items]
Payment Date	May 20, 2024
Shares Issued	$ 24.7
August 8, 2024 [Member]
Net Assets (Details) - Schedule of Shares Issued [Line Items]
Payment Date	Aug. 19, 2024
Shares Issued	$ 28.9

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of Computation of Basic and Diluted Earnings Per Common Share - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Schedule of Computation of Basic and Diluted Earnings Per Common Share [Abstract]
Net increase (decrease) in net assets resulting from operations		$ 1,191,142	$ 1,994,412
Weighted average common shares of common stock outstanding – basic and diluted	1	72,039.2	67,287.7
Weighted average common shares of common stock outstanding – Diluted	1	72,039.2	67,287.7
Basic net increase (decrease) in net assets resulting from operations per common share		$ 16.53	$ 29.64
Diluted net increase (decrease) in net assets resulting from operations per common share		$ 16.53	$ 29.64

Consolidated Financial Highli_3

Consolidated Financial Highlights (Details)	9 Months Ended
Consolidated Financial Highlights (Details)	Sep. 30, 2024 USD ($)
Consolidated Financial Highlights [Abstract]
Organizational expenses	$ 175,257

Consolidated Financial Highli_4

Consolidated Financial Highlights (Details) - Schedule of Consolidated Financial Highlights - USD ($)		1 Months Ended	9 Months Ended
		Sep. 30, 2023	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 07, 2023
Per Common Share Operating Performance
Net Asset Value, Beginning of Period		$ 1,000	$ 1,000
Results of Operations:
Net Investment Income (Loss)	[1]		18.94
Net Realized Gains/(Losses) and Unrealized Appreciation/(Depreciation)			8.8
Net Increase (Decrease) in Net Assets Resulting from Operations			27.74
Distributions to Common Stockholders
Distributions from Net Investment Income			(17.82)
Net Decrease in Net Assets Resulting from Distributions			(17.82)
Capital Share Transactions
Issuance of Common Stock	[2]		(0.05)
Net Increase (Decrease) Resulting from Capital Share Transactions			(0.05)
Net Asset Value, End of Period		$ 1,000	$ 1,009.87
Shares Outstanding, End of Period (in Shares)		1	72,054.6
Ratio/Supplemental Data
Net assets, end of period (in Dollars)		$ 1,000	$ 72,765,814	$ 72,236,392	$ 1,000
Weighted-average shares outstanding	[3]	$ 1	$ 67,287.7
Total Return	[4]	0%	2.78%
Portfolio turnover	[5]	0%	109.23%
Ratio of total expenses to average net assets	[6]	0%	7.79%
Ratio of net investment income (loss) to average net assets	[6]	0%	3.02%

[1]The per common share data was derived using weighted average shares outstanding.[2]Represents offering costs charged to paid-in capital.[3]Calculated for the nine months ended September 30, 2024.[4]Total return is based upon the change in net asset value per share between the opening and ending net asset values per share and the issuance of common stock in the period, and reflects reinvestment of any distributions to common stockholders. Total return is not annualized and does not include a sales load.[5]Portfolio turnover is not an annualized amount.[6]The ratios reflect an annualized amount. Non-recurring expenses were not annualized. During the period, the Company incurred $175,257 of Organizational Expenses, which were deemed to be non-recurring.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Nov. 21, 2024	Nov. 07, 2024	Oct. 01, 2024	Sep. 30, 2024	Dec. 31, 2023
Subsequent Event [Line Items]
Common stock par value				$ 0.001	$ 0.001
Subsequent Event [Member]
Subsequent Event [Line Items]
Share issued			19,710.45
Aggregate offering price			$ 20,000,000
Distribution of per share		$ 4.7
Common Stock [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock par value			$ 0.001
Forecast [Member]
Subsequent Event [Line Items]
Distribution payable	$ 431,296