| Schedule of Investments in and Advances to Affiliates, Schedule of Investments |
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| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
| Majority-owned investments |
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| ASK (Analytical Systems Keco Holdings, LLC) |
|
L+ |
10.00% |
|
Secured Debt |
(8) |
$ |
— |
|
|
$ |
— |
|
|
$ |
4 |
|
|
$ |
(4) |
|
|
$ |
1 |
|
|
$ |
— |
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|
$ |
(3) |
|
|
12.63% |
L+ |
10.00% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
506 |
|
|
4,740 |
|
|
65 |
|
|
210 |
|
|
4,595 |
|
|
12.63% |
|
|
|
Preferred Member Units |
(8) |
— |
|
|
— |
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— |
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— |
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— |
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— |
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— |
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|
Preferred Member Units |
(8) |
— |
|
|
(1,050) |
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|
— |
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|
4,894 |
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|
— |
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|
1,050 |
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|
3,844 |
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|
Warrants |
(8) |
— |
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— |
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— |
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— |
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— |
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— |
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— |
|
| Brewer Crane Holdings, LLC |
12.56% |
L+ |
10.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
649 |
|
|
8,037 |
|
|
19 |
|
|
1,972 |
|
|
6,084 |
|
|
|
|
|
|
Preferred Member Units |
(9) |
— |
|
|
(2,040) |
|
|
795 |
|
|
7,710 |
|
|
— |
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|
2,040 |
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5,670 |
|
| Café Brazil, LLC |
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|
Member Units |
(8) |
— |
|
|
(200) |
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|
178 |
|
|
2,570 |
|
|
— |
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|
200 |
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|
2,370 |
|
| California Splendor Holdings LLC |
12.38% |
L+ |
10.00% |
|
Secured Debt |
(9) |
— |
|
|
52 |
|
|
2,467 |
|
|
27,915 |
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|
85 |
|
|
— |
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|
28,000 |
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|
Preferred Member Units |
(9) |
— |
|
|
7,750 |
|
|
188 |
|
|
13,275 |
|
|
7,750 |
|
|
— |
|
|
21,025 |
|
|
15.00% |
|
|
15.00% |
Preferred Member Units |
(9) |
— |
|
|
— |
|
|
792 |
|
|
9,510 |
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|
792 |
|
|
6,449 |
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|
3,853 |
|
| Clad-Rex Steel, LLC |
12.13% |
L+ |
9.50% |
|
Secured Debt |
(5) |
— |
|
|
— |
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|
898 |
|
|
10,401 |
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|
29 |
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|
— |
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10,430 |
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|
10.00% |
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|
Secured Debt |
(5) |
— |
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|
— |
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|
81 |
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|
1,071 |
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— |
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|
24 |
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|
1,047 |
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|
Member Units |
(5) |
— |
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|
(760) |
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|
595 |
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|
10,250 |
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|
— |
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|
760 |
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9,490 |
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Member Units |
(5) |
— |
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80 |
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— |
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|
530 |
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|
80 |
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|
— |
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|
610 |
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| CMS Minerals Investments |
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|
Member Units |
(9) |
— |
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|
331 |
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|
150 |
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1,974 |
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|
331 |
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|
415 |
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1,890 |
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| Cody Pools, Inc. |
|
L+ |
10.50% |
|
Secured Debt |
(8) |
— |
|
|
— |
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|
84 |
|
|
(13) |
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|
2,866 |
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|
2,864 |
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|
(11) |
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|
13.63% |
L+ |
10.50% |
|
Secured Debt |
(8) |
— |
|
|
(66) |
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|
4,044 |
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|
42,497 |
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|
66 |
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|
1,338 |
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|
41,225 |
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Preferred Member Units |
(8) |
— |
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9,570 |
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|
3,710 |
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|
47,640 |
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|
9,570 |
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|
— |
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57,210 |
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| CompareNetworks Topco, LLC |
|
L+ |
9.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
11.63% |
L+ |
9.00% |
|
Secured Debt |
(9) |
— |
|
|
(13) |
|
|
468 |
|
|
6,477 |
|
|
13 |
|
|
1,140 |
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|
5,350 |
|
|
|
|
|
|
Preferred Member Units |
(9) |
— |
|
|
6,570 |
|
|
474 |
|
|
12,000 |
|
|
6,570 |
|
|
— |
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|
18,570 |
|
| Datacom, LLC |
7.50% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
223 |
|
|
— |
|
|
223 |
|
|
7.50% |
|
|
|
Secured Debt |
(8) |
— |
|
|
160 |
|
|
624 |
|
|
7,668 |
|
|
284 |
|
|
203 |
|
|
7,749 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
60 |
|
|
72 |
|
|
2,610 |
|
|
60 |
|
|
— |
|
|
2,670 |
|
| Direct Marketing Solutions, Inc. |
13.63% |
L+ |
11.00% |
|
Secured Debt |
(9) |
— |
|
|
14 |
|
|
102 |
|
|
(22) |
|
|
4,272 |
|
|
850 |
|
|
3,400 |
|
|
13.63% |
L+ |
11.00% |
|
Secured Debt |
(9) |
— |
|
|
(53) |
|
|
2,322 |
|
|
24,070 |
|
|
53 |
|
|
1,073 |
|
|
23,050 |
|
|
|
|
|
|
Preferred Stock |
(9) |
— |
|
|
3,870 |
|
|
1,029 |
|
|
18,350 |
|
|
3,870 |
|
|
— |
|
|
22,220 |
|
| Gamber-Johnson Holdings, LLC |
10.63% |
L+ |
8.00% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
5 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
10.63% |
L+ |
8.00% |
|
Secured Debt |
(5) |
— |
|
|
(4) |
|
|
1,722 |
|
|
21,598 |
|
|
2,484 |
|
|
4 |
|
|
24,078 |
|
|
|
|
|
|
Member Units |
(5) |
— |
|
|
(3,230) |
|
|
715 |
|
|
49,700 |
|
|
— |
|
|
3,230 |
|
|
46,470 |
|
| GRT Rubber Technologies LLC |
10.56% |
L+ |
8.00% |
|
Secured Debt |
(8) |
— |
|
|
(21) |
|
|
2,756 |
|
|
38,885 |
|
|
1,629 |
|
|
21 |
|
|
40,493 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
— |
|
|
2,483 |
|
|
46,190 |
|
|
— |
|
|
— |
|
|
46,190 |
|
| Jensen Jewelers of Idaho, LLC |
12.25% |
P+ |
6.75% |
|
Secured Debt |
(9) |
— |
|
|
(6) |
|
|
207 |
|
|
2,550 |
|
|
6 |
|
|
106 |
|
|
2,450 |
|
|
|
|
|
|
Member Units |
(9) |
— |
|
|
2,550 |
|
|
1,996 |
|
|
12,420 |
|
|
2,550 |
|
|
— |
|
|
14,970 |
|
| Kickhaefer Manufacturing Company, LLC |
11.50% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
1,818 |
|
|
20,324 |
|
|
37 |
|
|
— |
|
|
20,361 |
|
|
9.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
265 |
|
|
3,876 |
|
|
1 |
|
|
26 |
|
|
3,851 |
|
|
|
|
|
|
Member Units |
(5) |
— |
|
|
(3,060) |
|
|
— |
|
|
12,310 |
|
|
— |
|
|
3,060 |
|
|
9,250 |
|
|
|
|
|
|
Member Units |
(5) |
— |
|
|
— |
|
|
84 |
|
|
2,460 |
|
|
— |
|
|
— |
|
|
2,460 |
|
| Market Force Information, LLC |
13.38% |
L+ |
11.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
374 |
|
|
3,400 |
|
|
1,600 |
|
|
— |
|
|
5,000 |
|
|
12.00% |
|
|
12.00% |
Secured Debt |
(9) |
— |
|
|
(6,065) |
|
|
— |
|
|
8,936 |
|
|
— |
|
|
6,065 |
|
|
2,871 |
|
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| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
|
|
|
|
|
Member Units |
(9) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| MH Corbin Holding LLC |
13.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
(1,220) |
|
|
795 |
|
|
5,934 |
|
|
9 |
|
|
3,234 |
|
|
2,709 |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| MSC Adviser I, LLC |
|
|
|
|
Member Units |
(8) |
— |
|
|
(27,910) |
|
|
5,620 |
|
|
140,400 |
|
|
— |
|
|
27,910 |
|
|
112,490 |
|
| Mystic Logistics Holdings, LLC |
10.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
3 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
10.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
(1) |
|
|
460 |
|
|
6,378 |
|
|
1 |
|
|
633 |
|
|
5,746 |
|
|
|
|
|
|
Common Stock |
(6) |
— |
|
|
11,860 |
|
|
2,860 |
|
|
8,840 |
|
|
11,860 |
|
|
— |
|
|
20,700 |
|
| OMi Topco, LLC |
12.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
(41) |
|
|
1,625 |
|
|
18,000 |
|
|
41 |
|
|
1,791 |
|
|
16,250 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
470 |
|
|
1,676 |
|
|
20,210 |
|
|
470 |
|
|
— |
|
|
20,680 |
|
| PPL RVs, Inc. |
|
L+ |
7.00% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
79 |
|
|
727 |
|
|
1,264 |
|
|
2,000 |
|
|
(9) |
|
|
8.75% |
L+ |
7.00% |
|
Secured Debt |
(8) |
— |
|
|
239 |
|
|
1,155 |
|
|
11,655 |
|
|
8,000 |
|
|
— |
|
|
19,655 |
|
|
|
|
|
|
Common Stock |
(8) |
— |
|
|
5,150 |
|
|
908 |
|
|
14,360 |
|
|
5,150 |
|
|
— |
|
|
19,510 |
|
|
|
|
|
|
Common Stock |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
157 |
|
|
— |
|
|
157 |
|
| Principle Environmental, LLC |
|
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
104 |
|
|
1,465 |
|
|
9 |
|
|
1,474 |
|
|
— |
|
|
13.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
602 |
|
|
5,808 |
|
|
18 |
|
|
26 |
|
|
5,800 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
1,070 |
|
|
656 |
|
|
11,160 |
|
|
1,070 |
|
|
— |
|
|
12,230 |
|
|
|
|
|
|
Common Stock |
(8) |
— |
|
|
80 |
|
|
— |
|
|
710 |
|
|
80 |
|
|
— |
|
|
790 |
|
| Quality Lease Service, LLC |
|
|
|
|
Member Units |
(7) |
— |
|
|
76 |
|
|
— |
|
|
2,148 |
|
|
76 |
|
|
1,599 |
|
|
625 |
|
| Robbins Bros. Jewelry, Inc. |
13.63% |
L+ |
11.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
24 |
|
|
(44) |
|
|
6 |
|
|
— |
|
|
(38) |
|
|
13.63% |
L+ |
11.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
3,465 |
|
|
36,000 |
|
|
59 |
|
|
450 |
|
|
35,609 |
|
|
|
|
|
|
Preferred Equity |
(9) |
— |
|
|
4,140 |
|
|
558 |
|
|
11,070 |
|
|
4,140 |
|
|
— |
|
|
15,210 |
|
| Trantech Radiator Topco, LLC |
8.00% |
|
|
|
Secured Debt |
(7) |
— |
|
|
— |
|
|
5 |
|
|
(8) |
|
|
3 |
|
|
— |
|
|
(5) |
|
|
12.00% |
|
|
|
Secured Debt |
(7) |
— |
|
|
(17) |
|
|
785 |
|
|
8,720 |
|
|
17 |
|
|
417 |
|
|
8,320 |
|
|
|
|
|
|
Common Stock |
(7) |
— |
|
|
(1,240) |
|
|
87 |
|
|
8,660 |
|
|
— |
|
|
1,240 |
|
|
7,420 |
|
| Ziegler’s NYPD, LLC |
12.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
57 |
|
|
625 |
|
|
— |
|
|
175 |
|
|
450 |
|
|
6.50% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
49 |
|
|
1,000 |
|
|
— |
|
|
— |
|
|
1,000 |
|
|
14.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
(74) |
|
|
292 |
|
|
2,750 |
|
|
— |
|
|
74 |
|
|
2,676 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
(940) |
|
|
— |
|
|
2,130 |
|
|
— |
|
|
940 |
|
|
1,190 |
|
|
|
|
|
|
Warrants |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Other controlled investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2717 MH, L.P. |
|
|
|
|
LP Interests (2717 MH, L.P.) |
(8) |
— |
|
|
1,979 |
|
|
— |
|
|
3,971 |
|
|
3,171 |
|
|
— |
|
|
7,142 |
|
|
|
|
|
|
LP Interests (2717 HPP-MS, L.P.) |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
244 |
|
|
— |
|
|
244 |
|
| ASC Interests, LLC |
13.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
24 |
|
|
200 |
|
|
130 |
|
|
30 |
|
|
300 |
|
|
13.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
211 |
|
|
1,636 |
|
|
12 |
|
|
— |
|
|
1,648 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
80 |
|
|
— |
|
|
720 |
|
|
80 |
|
|
— |
|
|
800 |
|
| ATS Workholding, LLC |
5.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
(411) |
|
|
— |
|
|
1,088 |
|
|
147 |
|
|
435 |
|
|
800 |
|
|
5.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
(576) |
|
|
— |
|
|
1,917 |
|
|
— |
|
|
619 |
|
|
1,298 |
|
|
|
|
|
|
Preferred Member Units |
(9) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Barfly Ventures, LLC |
7.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
38 |
|
|
710 |
|
|
1 |
|
|
— |
|
|
711 |
|
|
|
|
|
|
Member Units |
(5) |
— |
|
|
1,390 |
|
|
— |
|
|
1,930 |
|
|
1,390 |
|
|
— |
|
|
3,320 |
|
| Batjer TopCo, LLC |
|
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
4 |
|
|
— |
|
|
451 |
|
|
459 |
|
|
(8) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
|
11.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
11.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
824 |
|
|
— |
|
|
10,927 |
|
|
— |
|
|
10,927 |
|
|
|
|
|
|
Preferred Stock |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
4,095 |
|
|
— |
|
|
4,095 |
|
| Bolder Panther Group, LLC |
|
L+ |
8.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
19 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
12.63% |
L+ |
10.00% |
|
Secured Debt |
(9) |
— |
|
|
266 |
|
|
5,780 |
|
|
39,000 |
|
|
60,194 |
|
|
— |
|
|
99,194 |
|
|
8.00% |
|
|
|
Class B Preferred Member Units |
(9) |
— |
|
|
3,840 |
|
|
558 |
|
|
23,170 |
|
|
3,840 |
|
|
— |
|
|
27,010 |
|
| Bridge Capital Solutions Corporation |
13.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
869 |
|
|
8,813 |
|
|
— |
|
|
— |
|
|
8,813 |
|
|
13.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
99 |
|
|
1,000 |
|
|
— |
|
|
— |
|
|
1,000 |
|
|
|
|
|
|
Preferred Member Units |
(6) |
— |
|
|
— |
|
|
75 |
|
|
1,000 |
|
|
— |
|
|
— |
|
|
1,000 |
|
|
|
|
|
|
Warrants |
(6) |
— |
|
|
83 |
|
|
— |
|
|
1,712 |
|
|
83 |
|
|
— |
|
|
1,795 |
|
|
|
|
|
|
Warrants |
(6) |
— |
|
|
117 |
|
|
— |
|
|
2,348 |
|
|
117 |
|
|
— |
|
|
2,465 |
|
| CBT Nuggets, LLC |
|
|
|
|
Member Units |
(9) |
— |
|
|
(2,370) |
|
|
2,471 |
|
|
50,620 |
|
|
— |
|
|
2,370 |
|
|
48,250 |
|
| Centre Technologies Holdings, LLC |
|
L+ |
9.00% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
25 |
|
|
— |
|
|
1,440 |
|
|
1,440 |
|
|
— |
|
|
11.63% |
L+ |
9.00% |
|
Secured Debt |
(8) |
— |
|
|
507 |
|
|
1,271 |
|
|
8,864 |
|
|
6,470 |
|
|
387 |
|
|
14,947 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
2,038 |
|
|
90 |
|
|
5,840 |
|
|
2,320 |
|
|
— |
|
|
8,160 |
|
| Chamberlin Holding LLC |
8.63% |
L+ |
6.00% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
6 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
10.63% |
L+ |
8.00% |
|
Secured Debt |
(8) |
— |
|
|
(51) |
|
|
1,314 |
|
|
17,817 |
|
|
51 |
|
|
402 |
|
|
17,466 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
(1,810) |
|
|
1,335 |
|
|
24,140 |
|
|
— |
|
|
1,810 |
|
|
22,330 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
— |
|
|
55 |
|
|
1,540 |
|
|
451 |
|
|
— |
|
|
1,991 |
|
| Charps, LLC |
10.00% |
|
|
|
Unsecured Debt |
(5) |
— |
|
|
(36) |
|
|
461 |
|
|
5,694 |
|
|
36 |
|
|
36 |
|
|
5,694 |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
(780) |
|
|
425 |
|
|
13,990 |
|
|
— |
|
|
780 |
|
|
13,210 |
|
| Colonial Electric Company LLC |
|
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
46 |
|
|
— |
|
|
1,600 |
|
|
1,600 |
|
|
— |
|
|
12.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
2,224 |
|
|
24,351 |
|
|
45 |
|
|
945 |
|
|
23,451 |
|
|
|
|
|
|
Preferred Member Units |
(6) |
— |
|
|
80 |
|
|
1,287 |
|
|
9,130 |
|
|
80 |
|
|
— |
|
|
9,210 |
|
| Copper Trail Energy Fund I, LP - CTMH |
|
|
|
|
LP Interests (CTMH, LP) |
(9) |
— |
|
|
— |
|
|
— |
|
|
710 |
|
|
— |
|
|
— |
|
|
710 |
|
| Digital Products Holdings LLC |
12.63% |
L+ |
10.00% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
1,436 |
|
|
16,801 |
|
|
33 |
|
|
990 |
|
|
15,844 |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
— |
|
|
150 |
|
|
9,835 |
|
|
— |
|
|
— |
|
|
9,835 |
|
| Flame King Holdings, LLC |
9.25% |
L+ |
6.50% |
|
Secured Debt |
(9) |
— |
|
|
64 |
|
|
464 |
|
|
6,324 |
|
|
1,276 |
|
|
— |
|
|
7,600 |
|
|
13.75% |
L+ |
11.00% |
|
Secured Debt |
(9) |
— |
|
|
173 |
|
|
2,035 |
|
|
20,996 |
|
|
204 |
|
|
— |
|
|
21,200 |
|
|
|
|
|
|
Preferred Equity |
(9) |
— |
|
|
3,440 |
|
|
909 |
|
|
10,400 |
|
|
3,440 |
|
|
— |
|
|
13,840 |
|
| Garreco, LLC |
9.50% |
L+ |
8.00% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
290 |
|
|
4,196 |
|
|
— |
|
|
370 |
|
|
3,826 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
(280) |
|
|
321 |
|
|
2,270 |
|
|
— |
|
|
280 |
|
|
1,990 |
|
| Gulf Manufacturing, LLC |
|
|
|
|
Member Units |
(8) |
— |
|
|
170 |
|
|
1,365 |
|
|
5,640 |
|
|
170 |
|
|
— |
|
|
5,810 |
|
| Gulf Publishing Holdings, LLC |
|
L+ |
9.50% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
7 |
|
|
257 |
|
|
— |
|
|
257 |
|
|
— |
|
|
|
|
|
|
Secured Debt |
(8) |
(5,822) |
|
|
3,848 |
|
|
503 |
|
|
9,717 |
|
|
— |
|
|
9,717 |
|
|
— |
|
|
12.50% |
|
|
|
Secured Debt |
(8) |
— |
|
|
(116) |
|
|
— |
|
|
— |
|
|
2,400 |
|
|
116 |
|
|
2,284 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
(1,680) |
|
|
— |
|
|
— |
|
|
5,600 |
|
|
1,680 |
|
|
3,920 |
|
| Harrison Hydra-Gen, Ltd. |
|
|
|
|
Common Stock |
(8) |
— |
|
|
(250) |
|
|
— |
|
|
3,530 |
|
|
— |
|
|
250 |
|
|
3,280 |
|
| Johnson Downie Opco, LLC |
14.13% |
L+ |
11.50% |
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
10 |
|
|
(18) |
|
|
3 |
|
|
— |
|
|
(15) |
|
|
14.13% |
L+ |
11.50% |
|
Secured Debt |
(8) |
— |
|
|
84 |
|
|
1,109 |
|
|
11,362 |
|
|
114 |
|
|
1,477 |
|
|
9,999 |
|
|
|
|
|
|
Preferred Equity |
(8) |
— |
|
|
2,730 |
|
|
808 |
|
|
3,150 |
|
|
2,730 |
|
|
— |
|
|
5,880 |
|
| JorVet Holdings, LLC |
12.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
1,881 |
|
|
— |
|
|
25,419 |
|
|
— |
|
|
25,419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
|
|
|
|
|
Common Stock |
(9) |
— |
|
|
— |
|
|
468 |
|
|
— |
|
|
10,741 |
|
|
— |
|
|
10,741 |
|
| KBK Industries, LLC |
|
|
|
|
Member Units |
(5) |
— |
|
|
770 |
|
|
1,007 |
|
|
13,620 |
|
|
770 |
|
|
— |
|
|
14,390 |
|
| MS Private Loan Fund |
|
|
|
|
LP Interests |
(8) |
— |
|
|
20 |
|
|
437 |
|
|
2,581 |
|
|
11,770 |
|
|
— |
|
|
14,351 |
|
| MSC Income Fund, Inc. |
|
|
|
|
Common Equity |
(8) |
— |
|
|
11 |
|
|
15 |
|
|
— |
|
|
761 |
|
|
— |
|
|
761 |
|
| NAPCO Precast, LLC |
|
|
|
|
Member Units |
(8) |
— |
|
|
(2,380) |
|
|
4 |
|
|
13,560 |
|
|
— |
|
|
2,380 |
|
|
11,180 |
|
| Nebraska Vet AcquireCo, LLC (NVS) |
8.71% |
L+ |
7.00% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
7 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
12.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
121 |
|
|
1,146 |
|
|
4,829 |
|
|
13,452 |
|
|
— |
|
|
18,281 |
|
|
12.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
71 |
|
|
972 |
|
|
10,412 |
|
|
88 |
|
|
— |
|
|
10,500 |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
— |
|
|
— |
|
|
7,700 |
|
|
— |
|
|
— |
|
|
7,700 |
|
| NexRev LLC |
11.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
— |
|
|
26 |
|
|
800 |
|
|
— |
|
|
640 |
|
|
160 |
|
|
11.00% |
|
|
|
Secured Debt |
(8) |
— |
|
|
(928) |
|
|
1,560 |
|
|
13,245 |
|
|
— |
|
|
4,192 |
|
|
9,053 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
(2,913) |
|
|
60 |
|
|
2,690 |
|
|
1,333 |
|
|
2,913 |
|
|
1,110 |
|
| NRP Jones, LLC |
12.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
189 |
|
|
2,080 |
|
|
— |
|
|
— |
|
|
2,080 |
|
|
|
|
|
|
Member Units |
(5) |
— |
|
|
(1,585) |
|
|
449 |
|
|
6,200 |
|
|
— |
|
|
1,585 |
|
|
4,615 |
|
|
|
|
|
|
Member Units |
(5) |
— |
|
|
(65) |
|
|
13 |
|
|
240 |
|
|
— |
|
|
65 |
|
|
175 |
|
| NuStep, LLC |
9.13% |
L+ |
6.50% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
208 |
|
|
1,720 |
|
|
2,679 |
|
|
— |
|
|
4,399 |
|
|
12.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
(4) |
|
|
1,612 |
|
|
17,240 |
|
|
1,175 |
|
|
4 |
|
|
18,411 |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
(3,300) |
|
|
— |
|
|
13,500 |
|
|
— |
|
|
3,300 |
|
|
10,200 |
|
| Orttech Holdings, LLC |
|
L+ |
11.00% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
16 |
|
|
175 |
|
|
— |
|
|
175 |
|
|
— |
|
|
13.63% |
L+ |
11.00% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
2,305 |
|
|
23,976 |
|
|
41 |
|
|
600 |
|
|
23,417 |
|
|
|
|
|
|
Preferred Stock |
(5) |
— |
|
|
— |
|
|
579 |
|
|
10,000 |
|
|
— |
|
|
— |
|
|
10,000 |
|
| Pearl Meyer Topco LLC |
|
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
24 |
|
|
— |
|
|
1,500 |
|
|
1,500 |
|
|
— |
|
|
12.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
12.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
(76) |
|
|
2,819 |
|
|
32,674 |
|
|
76 |
|
|
4,069 |
|
|
28,681 |
|
|
|
|
|
|
Member Units |
(6) |
— |
|
|
14,850 |
|
|
5,754 |
|
|
26,970 |
|
|
14,850 |
|
|
— |
|
|
41,820 |
|
| River Aggregates, LLC |
|
|
|
|
Member Units |
(8) |
— |
|
|
180 |
|
|
— |
|
|
3,280 |
|
|
180 |
|
|
— |
|
|
3,460 |
|
| Tedder Industries, LLC |
12.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
158 |
|
|
1,040 |
|
|
800 |
|
|
— |
|
|
1,840 |
|
|
12.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
(71) |
|
|
1,431 |
|
|
15,141 |
|
|
47 |
|
|
71 |
|
|
15,117 |
|
|
|
|
|
|
Preferred Member Units |
(9) |
— |
|
|
(1,933) |
|
|
— |
|
|
8,579 |
|
|
488 |
|
|
1,930 |
|
|
7,137 |
|
| Televerde, LLC |
|
|
|
|
Member Units |
(8) |
— |
|
|
(2,076) |
|
|
— |
|
|
7,280 |
|
|
— |
|
|
2,076 |
|
|
5,204 |
|
|
|
|
|
|
Preferred Stock |
(8) |
— |
|
|
1,076 |
|
|
— |
|
|
— |
|
|
1,794 |
|
|
— |
|
|
1,794 |
|
| Vision Interests, Inc. |
|
|
|
|
Series A Preferred Stock |
(9) |
— |
|
|
— |
|
|
144 |
|
|
3,000 |
|
|
— |
|
|
— |
|
|
3,000 |
|
| VVS Holdco LLC |
8.63% |
L+ |
6.00% |
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
45 |
|
|
1,169 |
|
|
805 |
|
|
1,201 |
|
|
773 |
|
|
11.50% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
2,697 |
|
|
30,100 |
|
|
46 |
|
|
— |
|
|
30,146 |
|
|
|
|
|
|
Preferred Equity |
(5) |
— |
|
|
240 |
|
|
300 |
|
|
11,840 |
|
|
238 |
|
|
— |
|
|
12,078 |
|
|
|
|
|
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Other |
|
|
|
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Amounts related to investments transferred from other 1940 Act classification during the period |
|
|
|
|
|
|
— |
|
|
— |
|
|
985 |
|
|
41,748 |
|
|
— |
|
|
— |
|
|
— |
|
| Total Control investments |
|
|
|
|
|
|
$ |
(5,822) |
|
|
$ |
20,618 |
|
|
$ |
110,751 |
|
|
$ |
1,489,257 |
|
|
$ |
280,134 |
|
|
$ |
128,214 |
|
|
$ |
1,599,429 |
|
| Affiliate Investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| AAC Holdings, Inc. |
18.00% |
|
|
18.00% |
Secured Debt |
(7) |
$ |
— |
|
|
$ |
143 |
|
|
$ |
1,492 |
|
|
$ |
9,794 |
|
|
$ |
1,182 |
|
|
$ |
— |
|
|
$ |
10,976 |
|
|
|
|
|
|
Common Stock |
(7) |
— |
|
|
(2,004) |
|
|
— |
|
|
2,079 |
|
|
— |
|
|
2,004 |
|
|
75 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
|
|
|
|
|
Warrants |
(7) |
— |
|
|
(1,865) |
|
|
— |
|
|
1,940 |
|
|
— |
|
|
1,865 |
|
|
75 |
|
| AFG Capital Group, LLC |
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
— |
|
|
2 |
|
|
144 |
|
|
— |
|
|
144 |
|
|
— |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
1,040 |
|
|
200 |
|
|
7,740 |
|
|
1,040 |
|
|
— |
|
|
8,780 |
|
| ATX Networks Corp. |
11.14% |
L+ |
7.50% |
|
Secured Debt |
(6) |
— |
|
|
403 |
|
|
562 |
|
|
7,092 |
|
|
631 |
|
|
1,016 |
|
|
6,707 |
|
|
10.00% |
|
|
10.00% |
Unsecured Debt |
(6) |
— |
|
|
260 |
|
|
242 |
|
|
1,963 |
|
|
502 |
|
|
— |
|
|
2,465 |
|
|
|
|
|
|
Common Stock |
(6) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| BBB Tank Services, LLC |
13.56% |
L+ |
11.00% |
|
Unsecured Debt |
(8) |
— |
|
|
— |
|
|
75 |
|
|
800 |
|
|
— |
|
|
— |
|
|
800 |
|
|
13.56% |
L+ |
11.00% |
|
Unsecured Debt |
(8) |
— |
|
|
(209) |
|
|
377 |
|
|
1,707 |
|
|
— |
|
|
209 |
|
|
1,498 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
15.00% |
|
|
15.00% |
Preferred Stock (non-voting) |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Boccella Precast Products LLC |
10.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
24 |
|
|
320 |
|
|
— |
|
|
— |
|
|
320 |
|
|
|
|
|
|
Member Units |
(6) |
— |
|
|
(1,510) |
|
|
73 |
|
|
4,830 |
|
|
— |
|
|
1,510 |
|
|
3,320 |
|
| Buca C, LLC |
9.00% |
|
|
|
Secured Debt |
(7) |
— |
|
|
1,604 |
|
|
1,488 |
|
|
14,370 |
|
|
1,602 |
|
|
1,966 |
|
|
14,006 |
|
|
6.00% |
|
|
6.00% |
Preferred Member Units |
(7) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Career Team Holdings, LLC |
8.63% |
L+ |
6.00% |
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
5 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
12.50% |
|
|
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
1,950 |
|
|
20,050 |
|
|
30 |
|
|
— |
|
|
20,080 |
|
|
|
|
|
|
Common Stock |
(6) |
— |
|
|
— |
|
|
— |
|
|
4,500 |
|
|
— |
|
|
— |
|
|
4,500 |
|
| Chandler Signs Holdings, LLC |
|
|
|
|
Class A Units |
(8) |
— |
|
|
510 |
|
|
— |
|
|
460 |
|
|
510 |
|
|
— |
|
|
970 |
|
| Classic H&G Holdings, LLC |
8.38% |
L+ |
6.00% |
|
Secured Debt |
(6) |
— |
|
|
— |
|
|
455 |
|
|
4,000 |
|
|
11,720 |
|
|
7,960 |
|
|
7,760 |
|
|
8.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
(32) |
|
|
1,201 |
|
|
19,274 |
|
|
32 |
|
|
32 |
|
|
19,274 |
|
|
|
|
|
|
Preferred Member Units |
(6) |
— |
|
|
8,530 |
|
|
1,294 |
|
|
15,260 |
|
|
8,530 |
|
|
— |
|
|
23,790 |
|
| Congruent Credit Opportunities Funds |
|
|
|
|
LP Interests (Congruent Credit Opportunities Fund
III, LP) |
(8) |
— |
|
|
(63) |
|
|
427 |
|
|
9,959 |
|
|
— |
|
|
2,105 |
|
|
7,854 |
|
| DMA Industries, LLC |
12.00% |
|
|
|
Secured Debt |
(7) |
— |
|
|
175 |
|
|
1,961 |
|
|
20,993 |
|
|
207 |
|
|
— |
|
|
21,200 |
|
|
|
|
|
|
Preferred Equity |
(7) |
— |
|
|
1,316 |
|
|
— |
|
|
5,944 |
|
|
1,316 |
|
|
— |
|
|
7,260 |
|
| Dos Rios Partners |
|
|
|
|
LP Interests (Dos Rios Partners - A, LP) |
(8) |
— |
|
|
(1,147) |
|
|
— |
|
|
10,329 |
|
|
— |
|
|
1,147 |
|
|
9,182 |
|
|
|
|
|
|
LP Interests (Dos Rios Partners, LP) |
(8) |
— |
|
|
(364) |
|
|
— |
|
|
3,280 |
|
|
— |
|
|
364 |
|
|
2,916 |
|
| Dos Rios Stone Products LLC |
|
|
|
|
Class A Preferred Units |
(8) |
— |
|
|
(290) |
|
|
— |
|
|
640 |
|
|
— |
|
|
290 |
|
|
350 |
|
| EIG Fund Investments |
|
|
|
|
LP Interests (EIG Global Private Debt Fund-A, L.P.) |
(8) |
11 |
|
|
— |
|
|
46 |
|
|
547 |
|
|
1,093 |
|
|
170 |
|
|
1,470 |
|
| Freeport Financial SBIC Fund LP |
|
|
|
|
LP Interests (Freeport Financial SBIC Fund LP) |
(5) |
— |
|
|
(52) |
|
|
2 |
|
|
6,078 |
|
|
— |
|
|
1,962 |
|
|
4,116 |
|
|
|
|
|
|
LP Interests (Freeport First Lien Loan Fund III LP) |
(5) |
— |
|
|
(57) |
|
|
309 |
|
|
7,231 |
|
|
— |
|
|
1,056 |
|
|
6,175 |
|
| GFG Group, LLC. |
9.00% |
|
|
|
Secured Debt |
(5) |
— |
|
|
(25) |
|
|
969 |
|
|
12,545 |
|
|
25 |
|
|
825 |
|
|
11,745 |
|
|
|
|
|
|
Preferred Member Units |
(5) |
— |
|
|
150 |
|
|
417 |
|
|
6,990 |
|
|
150 |
|
|
— |
|
|
7,140 |
|
| Hawk Ridge Systems, LLC |
8.38% |
L+ |
6.00% |
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
150 |
|
|
2,585 |
|
|
597 |
|
|
— |
|
|
3,182 |
|
|
8.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
(4) |
|
|
2,145 |
|
|
34,800 |
|
|
3,004 |
|
|
4 |
|
|
37,800 |
|
|
|
|
|
|
Preferred Member Units |
(9) |
— |
|
|
4,400 |
|
|
803 |
|
|
14,680 |
|
|
4,400 |
|
|
— |
|
|
19,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
|
|
|
|
|
Preferred Member Units |
(9) |
— |
|
|
230 |
|
|
— |
|
|
770 |
|
|
230 |
|
|
— |
|
|
1,000 |
|
| Houston Plating and Coatings, LLC |
8.00% |
|
|
|
Unsecured Convertible Debt |
(8) |
— |
|
|
(210) |
|
|
182 |
|
|
2,960 |
|
|
— |
|
|
210 |
|
|
2,750 |
|
|
|
|
|
|
Member Units |
(8) |
— |
|
|
(990) |
|
|
17 |
|
|
3,210 |
|
|
— |
|
|
990 |
|
|
2,220 |
|
| HPEP 3, L.P. |
|
|
|
|
LP Interests (HPEP 3, L.P.) |
(8) |
779 |
|
|
254 |
|
|
(80) |
|
|
4,712 |
|
|
1,033 |
|
|
1,414 |
|
|
4,331 |
|
|
|
|
|
|
LP Interests (HPEP 4, L.P.) |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
1,896 |
|
|
— |
|
|
1,896 |
|
|
|
|
|
|
LP Interests (423 COR, LP) |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
1,400 |
|
|
— |
|
|
1,400 |
|
| I-45 SLF LLC |
|
|
|
|
Member Units (Fully diluted 20.0%; 21.75% profits
interest)
|
(8) |
— |
|
|
(1,880) |
|
|
1,499 |
|
|
14,387 |
|
|
— |
|
|
1,880 |
|
|
12,507 |
|
| Iron-Main Investments, LLC |
12.50% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
443 |
|
|
4,557 |
|
|
7 |
|
|
— |
|
|
4,564 |
|
|
12.50% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
308 |
|
|
3,170 |
|
|
4 |
|
|
— |
|
|
3,174 |
|
|
12.50% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
848 |
|
|
8,944 |
|
|
— |
|
|
— |
|
|
8,944 |
|
|
12.50% |
|
|
|
Secured Debt |
(5) |
— |
|
|
— |
|
|
1,926 |
|
|
19,805 |
|
|
30 |
|
|
— |
|
|
19,835 |
|
|
|
|
|
|
Common Stock |
(5) |
— |
|
|
— |
|
|
— |
|
|
1,798 |
|
|
— |
|
|
— |
|
|
1,798 |
|
| L.F. Manufacturing Holdings, LLC |
|
|
|
|
Preferred Member Units (non-voting) |
(8) |
— |
|
|
— |
|
|
9 |
|
|
107 |
|
|
10 |
|
|
117 |
|
|
— |
|
|
|
|
|
|
Member Units |
(8) |
617 |
|
|
(541) |
|
|
224 |
|
|
2,560 |
|
|
617 |
|
|
3,177 |
|
|
— |
|
| OnAsset Intelligence, Inc. |
12.00% |
|
|
12.00% |
Secured Debt |
(8) |
— |
|
|
(273) |
|
|
28 |
|
|
935 |
|
|
28 |
|
|
273 |
|
|
690 |
|
|
12.00% |
|
|
12.00% |
Secured Debt |
(8) |
— |
|
|
(280) |
|
|
29 |
|
|
954 |
|
|
29 |
|
|
280 |
|
|
703 |
|
|
12.00% |
|
|
12.00% |
Secured Debt |
(8) |
— |
|
|
(602) |
|
|
62 |
|
|
2,055 |
|
|
62 |
|
|
602 |
|
|
1,515 |
|
|
12.00% |
|
|
12.00% |
Secured Debt |
(8) |
— |
|
|
(1,255) |
|
|
129 |
|
|
4,285 |
|
|
130 |
|
|
1,255 |
|
|
3,160 |
|
|
10.00% |
|
|
10.00% |
Unsecured Debt |
(8) |
— |
|
|
— |
|
|
5 |
|
|
192 |
|
|
5 |
|
|
— |
|
|
197 |
|
|
7.00% |
|
|
7.00% |
Preferred Stock |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
Common Stock |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
Warrants |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Oneliance, LLC |
13.56% |
L+ |
11.00% |
|
Secured Debt |
(7) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
13.56% |
L+ |
11.00% |
|
Secured Debt |
(7) |
— |
|
|
— |
|
|
536 |
|
|
5,547 |
|
|
9 |
|
|
— |
|
|
5,556 |
|
|
|
|
|
|
Preferred Stock |
(7) |
— |
|
|
— |
|
|
— |
|
|
1,056 |
|
|
— |
|
|
— |
|
|
1,056 |
|
| Rocaceia, LLC (Quality Lease and Rental Holdings, LLC) |
12.00% |
|
|
|
Secured Debt |
(8) |
(67) |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| SI East, LLC (Stavig) |
10.25% |
|
|
|
Secured Debt |
(7) |
— |
|
|
— |
|
|
195 |
|
|
2,250 |
|
|
3,750 |
|
|
3,750 |
|
|
2,250 |
|
|
10.25% |
|
|
|
Secured Debt |
(7) |
— |
|
|
— |
|
|
6,068 |
|
|
63,600 |
|
|
31,125 |
|
|
1,489 |
|
|
93,236 |
|
|
|
|
|
|
Preferred Member Units |
(7) |
— |
|
|
3,380 |
|
|
568 |
|
|
11,570 |
|
|
3,380 |
|
|
— |
|
|
14,950 |
|
| Slick Innovations, LLC |
11.00% |
|
|
|
Secured Debt |
(6) |
— |
|
|
(41) |
|
|
481 |
|
|
5,320 |
|
|
41 |
|
|
1,121 |
|
|
4,240 |
|
|
|
|
|
|
Common Stock |
(6) |
— |
|
|
130 |
|
|
— |
|
|
1,510 |
|
|
130 |
|
|
— |
|
|
1,640 |
|
|
|
|
|
|
Warrants |
(6) |
— |
|
|
40 |
|
|
— |
|
|
400 |
|
|
40 |
|
|
— |
|
|
440 |
|
| Sonic Systems International, LLC |
9.75% |
L+ |
7.50% |
|
Secured Debt |
(8) |
— |
|
|
102 |
|
|
966 |
|
|
11,757 |
|
|
3,856 |
|
|
— |
|
|
15,613 |
|
|
|
|
|
|
Common Stock |
(8) |
— |
|
|
64 |
|
|
32 |
|
|
1,070 |
|
|
350 |
|
|
— |
|
|
1,420 |
|
| Superior Rigging & Erecting Co. |
12.00% |
|
|
|
Secured Debt |
(7) |
— |
|
|
— |
|
|
1,991 |
|
|
21,332 |
|
|
35 |
|
|
— |
|
|
21,367 |
|
|
|
|
|
|
Preferred Member Units |
(7) |
— |
|
|
— |
|
|
— |
|
|
4,500 |
|
|
— |
|
|
— |
|
|
4,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Company |
Total Rate |
Base Rate |
Spread |
PIK Rate |
Type of Investment(1) (10) (11) |
Geography |
Amount of
Realized
Gain/(Loss) |
|
Amount of
Unrealized
Gain/(Loss) |
|
Amount of
Interest,
Fees or
Dividends
Credited to
Income(2) |
|
December 31,
2021 Fair Value (13) |
|
Gross
Additions(3) |
|
Gross
Reductions(4) |
|
September 30,
2022 Fair Value (13) |
| The Affiliati Network, LLC |
|
|
|
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
28 |
|
|
262 |
|
|
3,523 |
|
|
3,800 |
|
|
(15) |
|
|
13.00% |
|
|
|
Secured Debt |
(9) |
— |
|
|
— |
|
|
1,166 |
|
|
12,834 |
|
|
35 |
|
|
1,720 |
|
|
11,149 |
|
|
|
|
|
|
Preferred Stock |
(9) |
— |
|
|
— |
|
|
339 |
|
|
6,400 |
|
|
— |
|
|
— |
|
|
6,400 |
|
| UnionRock Energy Fund II, LP |
|
|
|
|
LP Interests |
(9) |
— |
|
|
(64) |
|
|
194 |
|
|
6,123 |
|
|
1,880 |
|
|
2,649 |
|
|
5,354 |
|
| UniTek Global Services, Inc. |
10.76% |
SF+ |
5.50% |
2.00% |
Secured Debt |
(6) |
— |
|
|
3 |
|
|
29 |
|
|
371 |
|
|
9 |
|
|
— |
|
|
380 |
|
|
10.76% |
SF+ |
5.50% |
2.00% |
Secured Debt |
(6) |
— |
|
|
26 |
|
|
146 |
|
|
1,852 |
|
|
61 |
|
|
212 |
|
|
1,701 |
|
|
15.00% |
|
|
15.00% |
Secured Convertible Debt |
(6) |
— |
|
|
782 |
|
|
167 |
|
|
2,375 |
|
|
1,896 |
|
|
— |
|
|
4,271 |
|
|
20.00% |
|
|
20.00% |
Preferred Stock |
(6) |
— |
|
|
(280) |
|
|
280 |
|
|
2,832 |
|
|
281 |
|
|
280 |
|
|
2,833 |
|
|
20.00% |
|
|
20.00% |
Preferred Stock |
(6) |
— |
|
|
153 |
|
|
— |
|
|
1,498 |
|
|
153 |
|
|
— |
|
|
1,651 |
|
|
19.00% |
|
|
19.00% |
Preferred Stock |
(6) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
13.50% |
|
|
13.50% |
Preferred Stock |
(6) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
|
|
|
Common Stock |
(6) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Volusion, LLC |
11.50% |
|
|
|
Secured Debt |
(8) |
— |
|
|
(104) |
|
|
1,490 |
|
|
17,434 |
|
|
— |
|
|
804 |
|
|
16,630 |
|
|
8.00% |
|
|
|
Unsecured Convertible Debt |
(8) |
— |
|
|
— |
|
|
24 |
|
|
409 |
|
|
— |
|
|
— |
|
|
409 |
|
|
|
|
|
|
Preferred Member Units |
(8) |
— |
|
|
(5,989) |
|
|
— |
|
|
5,990 |
|
|
— |
|
|
5,990 |
|
|
— |
|
|
|
|
|
|
Warrants |
(8) |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Other |
|
|
|
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Amounts related to investments transferred from other 1940 Act classification during the period |
|
|
|
|
|
|
— |
|
|
139 |
|
|
1,302 |
|
|
32,597 |
|
|
— |
|
|
— |
|
|
— |
|
| Total Affiliate investments |
|
|
|
|
|
|
$ |
1,340 |
|
|
$ |
3,703 |
|
|
$ |
38,300 |
|
|
$ |
549,214 |
|
|
$ |
92,606 |
|
|
$ |
56,642 |
|
|
$ |
552,581 |
|
____________________
(1)The principal amount, the ownership detail for equity investments and if the investment is income producing is included in the Consolidated Schedule of Investments included in Item 1. Consolidated Financial Statements of this Quarterly Report on Form 10-Q.
(2)Represents the total amount of interest, fees and dividends credited to income for the portion of the period for which an investment was included in Control or Affiliate categories, respectively. For investments transferred between Control and Affiliate categories during the period, any income or investment balances related to the time period it was in the category other than the one shown at period end is included in “Amounts related to investments transferred from other 1940 Act classifications during the period.”
(3)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments and accrued PIK interest, and the exchange of one or more existing securities for one or more new securities. Gross additions also include net increases in unrealized appreciation or net decreases in net unrealized depreciation as well as the movement of an existing portfolio company into this category and out of a different category.
(4)Gross reductions include decreases in the cost basis of investments resulting from principal repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross reductions also include net increases in net unrealized depreciation or net decreases in unrealized appreciation as well as the movement of an existing portfolio company out of this category and into a different category.
(5)Portfolio company located in the Midwest region as determined by location of the corporate headquarters. The fair value as of September 30, 2022 for control investments located in this region was $346,535. This represented 21.7% of net assets as of September 30, 2022. The fair value as of September 30, 2022 for affiliate investments located in this region was $67,491. This represented 12.2% of net assets as of September 30, 2022.
(6)Portfolio company located in the Northeast region and Canada as determined by location of the corporate headquarters. The fair value as of September 30, 2022 for control investments located in this region was $144,681. This represented 9.0% of net assets as of September 30, 2022. The fair value as of September 30, 2022 for affiliate investments located in this region was $105,372. This represented 19.1% of net assets as of September 30, 2022.
(7)Portfolio company located in the Southeast region as determined by location of the corporate headquarters. The fair value as of September 30, 2022 for control investments located in this region was $16,360. This represented 1.0% of net assets as of September 30, 2022. The fair value as of September 30, 2022 for affiliate investments located in this region was $196,507. This represented 35.6% of net assets as of September 30, 2022.
(8)Portfolio company located in the Southwest region as determined by location of the corporate headquarters. The fair value as of September 30, 2022 for control investments located in this region was $593,513. This represented 37.1% of net assets as of September 30, 2022. The fair value as of September 30, 2022 for affiliate investments located in this region was $99,261. This represented 18.0% of net assets as of September 30, 2022.
(9)Portfolio company located in the West region as determined by location of the corporate headquarters. The fair value as of September 30, 2022 for control investments located in this region was $498,340. This represented 31.2% of net assets as of September 30, 2022. The fair value as of September 30, 2022 for affiliate investments located in this region was $83,950. This represented 15.2% of net assets as of September 30, 2022.
(10)All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities,” unless otherwise noted.
(11)This schedule should be read in conjunction with the Consolidated Schedule of Investments and Notes to the Consolidated Financial Statements included in Item 1. Consolidated Financial Statements of this Quarterly Report on Form 10-Q. Supplemental information can be located within the Consolidated Schedule of Investments including end of period interest rate, preferred dividend rate, maturity date, investments not paid currently in cash and investments whose value was determined using significant unobservable inputs.
(12)Investment has an unfunded commitment as of September 30, 2022 (see Note K). The fair value of the investment includes the impact of the fair value of any unfunded commitments.
(13)Negative fair value is the result of the capitalized discount being greater than the principal amount outstanding on the loan.
________________
(1)The principal amount, the ownership detail for equity investments and if the investment is income producing is included in the Consolidated Schedule of Investments included in Item 1. Consolidated Financial Statements of this Quarterly Report on Form 10-Q.
(2)Represents the total amount of interest, fees and dividends credited to income for the portion of the period for which an investment was included in Control or Affiliate categories, respectively. For investments transferred between Control and Affiliate categories during the period, any income or investment balances related to the time period it was in the category other than the one shown at period end is included in “Amounts from investments transferred from other 1940 Act classifications during the period.”
(3)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments and accrued PIK interest, and the exchange of one or more existing securities for one or more new securities. Gross additions also include net increases in unrealized appreciation or net decreases in net unrealized depreciation as well as the movement of an existing portfolio company into this category and out of a different category.
(4)Gross reductions include decreases in the cost basis of investments resulting from principal repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross reductions also include net increases in net unrealized depreciation or net decreases in unrealized appreciation as well as the movement of an existing portfolio company out of this category and into a different category.
(5)Portfolio company located in the Midwest region as determined by location of the corporate headquarters. The fair value as of September 30, 2021 for control investments located in this region was $297,953. This represented 25.9% of net assets as of September 30, 2021. The fair value as of September 30, 2021 for affiliate investments located in this region was $41,535. This represented 13.9% of net assets as of September 30, 2021.
(6)Portfolio company located in the Northeast region as determined by location of the corporate headquarters. The fair value as of September 30, 2021 for control investments located in this region was $117,017. This represented 10.8% of net assets as of September 30, 2021. The fair value as of September 30, 2021 for affiliate investments located in this region was $144,241. This represented 21.7% of net assets as of September 30, 2021.
(7)Portfolio company located in the Southeast region as determined by location of the corporate headquarters. The fair value as of September 30, 2021 for control investments located in this region was $44,538. This represented 1.2% of net assets as of September 30, 2021. The fair value as of September 30, 2021 for affiliate investments located in this region was $134,602. This represented 40.5% of net assets as of September 30, 2021.
(8)Portfolio company located in the Southwest region as determined by location of the corporate headquarters. The fair value as of September 30, 2021 for control investments located in this region was $573,437. This represented 44.4% of net assets as of September 30, 2021. The fair value as of September 30, 2021 for affiliate investments located in this region was $109,522. This represented 20.5% of net assets as of September 30, 2021.
(9)Portfolio company located in the West region as determined by location of the corporate headquarters. The fair value as of September 30, 2021 for control investments located in this region was $303,273. This represented 37.3% of net assets as of September 30, 2021. The fair value as of September 30, 2021 for affiliate investments located in this region was $55,239. This represented 17.3% of net assets as of September 30, 2021.
(10)All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities,” unless otherwise noted.
(11)This schedule should be read in conjunction with the Consolidated Schedule of Investments and Notes to the Consolidated Financial Statements included in Item 1. Consolidated Financial Statements of this Quarterly Report on Form 10-Q. Supplemental information can be located within the Consolidated Schedule of Investments including end of period interest rate, preferred dividend rate, maturity date, investments not paid currently in cash and investments whose value was determined using significant unobservable inputs.
(12)Investment has an unfunded commitment as of September 30, 2021 (see Note K). The fair value of the investment includes the impact of the fair value of any unfunded commitments.
|