Annual report [Section 13 and 15(d), not S-K Item 405]

DISTRIBUTIONS TO COMMON STOCKHOLDERS (Tables)

v3.26.1
DISTRIBUTIONS TO COMMON STOCKHOLDERS (Tables)
12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Cash Distributions to Common Stockholders
We paid the following cash distributions to our common stockholders for the years ended March 31, 2026, 2025 and 2024.
For the Year Ended March 31, 2026:
Declaration Date
Record Date Payment Date Distribution
per Common Share
April 8, 2025 April 21, 2025 April 30, 2025 $ 0.08 
April 8, 2025 May 21, 2025 May 30, 2025 0.08 
April 8, 2025 June 4, 2025 June 13, 2025 0.54 
(A)
April 8, 2025 June 20, 2025 June 30, 2025 0.08 
July 10, 2025 July 21, 2025 July 31, 2025 0.08 
July 10, 2025 August 20, 2025 August 29, 2025 0.08 
July 10, 2025 September 22, 2025 September 30, 2025 0.08 
October 14, 2025 October 24, 2025 October 31, 2025 0.08 
October 14, 2025 November 17, 2025 November 26, 2025 0.08 
October 14, 2025 December 22, 2025 December 31, 2025 0.08 
January 13, 2026 January 23, 2026 January 30, 2026 0.08 
January 13, 2026 February 18, 2026 February 27, 2026 0.08 
January 13, 2026 March 23, 2026 March 31, 2026 0.08 
Year ended March 31, 2026
$ 1.50 
For the Year Ended March 31, 2025:
Declaration Date
Record Date Payment Date Distribution
per Common Share
April 9, 2024 April 19, 2024 April 30, 2024 $ 0.08 
April 9, 2024 May 17, 2024 May 31, 2024 0.08 
April 9, 2024 June 19, 2024 June 28, 2024 0.08 
July 9, 2024 July 22, 2024 July 31, 2024 0.08 
July 9, 2024 August 21, 2024 August 30, 2024 0.08 
July 9, 2024 September 20, 2024 September 30, 2024 0.08 
September 17, 2024 October 4, 2024 October 15, 2024 0.70 
(A)
October 8, 2024 October 22, 2024 October 31, 2024 0.08 
October 8, 2024 November 20, 2024 November 29, 2024 0.08 
October 8, 2024 December 20, 2024 December 31, 2024 0.08 
January 14, 2025 January 24, 2025 January 31, 2025 0.08 
January 14, 2025 February 19, 2025 February 28, 2025 0.08 
January 14, 2025 March 19, 2025 March 31, 2025 0.08 
Year ended March 31, 2025:
$ 1.66 
For the Year Ended March 31, 2024:
Declaration Date
Record Date Payment Date Distribution
per Common Share
April 11, 2023 April 21, 2023 April 28, 2023 $ 0.08 
April 11, 2023 May 23, 2023 May 31, 2023 0.08 
April 11, 2023 June 5, 2023 June 15, 2023 0.12 
(A)
April 11, 2023 June 21, 2023 June 30, 2023 0.08 
July 11, 2023 July 21, 2023 July 31, 2023 0.08 
July 11, 2023 August 23, 2023 August 31, 2023 0.08 
July 11, 2023 September 7, 2023 September 15, 2023 0.12 
(A)
July 11, 2023 September 21, 2023 September 29, 2023 0.08 
October 10, 2023 October 20, 2023 October 31, 2023 0.08 
October 10, 2023 November 7, 2023 November 17, 2023 0.12 
(A)
October 10, 2023 November 20, 2023 November 30, 2023 0.08 
October 24, 2023 December 5, 2023 December 15, 2023 0.88 
(A)
October 10, 2023 December 18, 2023 December 29, 2023 0.08 
January 9, 2024 January 23, 2024 January 31, 2024 0.08 
January 9, 2024 February 21, 2024 February 29, 2024 0.08 
January 9, 2024 March 21, 2024 March 29, 2024 0.08 
Year ended March 31, 2024:
$ 2.20 
(A)Represents a supplemental distribution to common stockholders.
Schedule of Components Of Our Net Assets On A Tax Basis
The components of our net assets on a tax basis were as follows:

Year Ended March 31,

2026 2025
Common stock
$ 40  $ 37 
Capital in excess of par value
486,717  445,512 
Cumulative unrealized appreciation of investments
254,793  38,460 
Cumulative unrealized depreciation of other
(46) — 
Undistributed ordinary income 21,283  36,673 
Undistributed capital (loss) gain
(17,260) 18,663 
Other temporary differences
(77,302) (40,261)
Net Assets
$ 668,225  $ 499,084 
Schedule of Investment Company, Changes in Net Assets
For the years ended March 31, 2026 and 2025, we recorded the following adjustments for estimated permanent book-tax differences to reflect tax character. Results of operations, total net assets, and cash flows were not affected by these adjustments.

Tax Year Ended March 31,

2026 2025
(Overdistributed) underdistributed net investment income
$ (9,994) $ 9,623 
Accumulated net realized gain (loss) in excess of distributions
$ 10,335  $ (8,424)
Capital in excess of par value
$ (341) $ (1,199)