Net investment income (NII) for Q4 2025 was $13.1 million, or $0.28 per share, including a $2.8 million capital gains incentive fee. Adjusted net investment income (ANII) for Q4 2025 was $15.9 million, or $0.34 per share. Net asset value (NAV) increased to $15.85 per share as of December 31, 2025, up 2.0% from September 30, 2025, and 2.1% from December 31, 2024. Annualized return on equity for Q4 2025 was 16.3%, with a full-year return on equity of 12.5%. Total dividends declared in Q4 2025 were $0.36 per share, comprising a regular quarterly dividend of $0.35 and a supplemental dividend of $0.01. The Fund completed $100.9 million in private loan portfolio investments and $23.0 million in lower middle market (LMM) follow-on investments in Q4 2025, resulting in net increases of $57.1 million and $14.9 million in cost basis, respectively. For the full year 2025, total private loan investments were $357.1 million and LMM follow-on investments were $53.5 million, leading to net increases in cost basis of $109.6 million and $27.1 million, respectively. The Corporate Facility was amended to increase total commitments to $245.0 million (from $165.0 million) and the accordion feature to $300.0 million. The SPV Facility was amended to decrease the interest rate to SOFR plus 2.20% (from 3.00%), extend the revolving period through February 2029, and the final maturity date to February 2030. An amended advisory agreement, effective January 2025, reduced the annual base management fee to 1.5%, the subordinated incentive fee on income to 17.5%, and the incentive fee on cumulative net realized capital gains to 17.5%, while capping certain administrative expenses. Net increase in net assets resulting from operations was $30.0 million in Q4 2025 (up 47% from Q4 2024) and $88.7 million for the full year 2025 (up from $56.5 million in 2024). The Operating Expenses to Assets Ratio decreased to 1.8% on an annualized basis for Q4 2025, down from 2.1% in Q4 2024. The Fund reported a net realized gain of $16.6 million from investments in Q4 2025, a significant improvement from a net realized loss of $8.0 million in Q4 2024. Aggregate liquidity as of December 31, 2025, was $112.0 million, including $20.6 million in cash and $91.4 million in unused credit facility capacity. The debt-to-equity ratio was 0.82x as of December 31, 2025, which is below the Fund's targeted leverage range. Effective January 29, 2026, the Fund's minimum regulatory asset coverage requirement decreased from 200% to 150%.