What changed
The Fund sold 28,718 unregistered common shares as of October 1, 2026 at a NAV per share of $24.11, for total consideration of $692,400, with no underwriting discounts or commissions paid. As of September 30, 2026, aggregate NAV was approximately $122 million, portfolio investments totaled approximately $243 million across 181 portfolio companies, and debt outstanding was approximately $136 million, with a debt-to-equity leverage ratio of 1.13x. The October distribution is $0.1667 per share gross, $0.0174 for shareholder servicing and distribution fees, and $0.1493 net, payable to shareholders of record as of October 31, 2026 and paid on or around November 25, 2026. First lien senior secured investments comprised 98% of the portfolio at fair value, and approximately 100% of debt investments were floating rate.
Why it matters
The Fund sold 28,718 unregistered common shares as of October 1, 2026 at a NAV per share of $24.11, for total consideration of $692,400, with no underwriting discounts or commissions paid. As of Septe