Externally managed, diversified, perpetual-life BDC lending senior secured, floating-rate loans to U.S. middle-market companies, about 61% sponsor-backed and 39% non-sponsored. It seeks income, with capital appreciation a minor objective. At 6/30/2026: $933.4M fair value, 96.2% first lien, 99.8% of debt floating, average LTV 43.4%, one non-accrual (0.07% of cost); net assets $514.0M at 7/31/2026.