AB 2020 Form 10-K

11. Selected Quarterly Data (Unaudited) Quarter Ended March 31, 2020 Quarter Ended June 30, 2020 Quarter Ended September 30, 2020 Quarter Ended December 31, 2020 Total investment income $ 7,441,251 $ 7,556,588 $ 7,968,277 $ 9,253,394 Total expenses 6,151,628 4,907,462 4,731,686 5,997,274 Reimbursement payments to Adviser — 752,141 998,880 688,154 Waived collateral management fees (459,059) (458,890) (462,788) (463,220) Expense reimbursement from Adviser (89,757) — — — Waived management fees (1,227,046) (219,045) (218,829) (198,619) Waived incentive fees (486,784) — — — Net expenses 3,888,982 4,981,668 5,048,949 6,023,589 Net investment income before taxes 3,552,269 2,574,920 2,919,328 3,229,805 Net investment income after taxes 3,552,269 2,574,920 2,919,328 3,229,805 Net realized and unrealized gains (losses) (19,049,597) 2,151,183 8,486,258 4,636,517 Net increase in net assets resulting from operations $(15,497,328) $ 4,726,103 $11,405,586 $ 7,866,322 Net investment income per share (basic and diluted) $ 0.24 $ 0.13 $ 0.15 $ 0.16 Earnings per share (basic and diluted) $ (1.06) $ 0.24 $ 0.57 $ 0.39 Weighted average shares outstanding 14,683,464 19,730,814 19,882,995 20,087,618 Distributions declared per share $ 0.24 $ 0.13 $ 0.15 $ 0.16 Net asset value per share $ 8.58 $ 8.69 $ 9.12 $ 9.35 Quarter Ended March 31, 2019 Quarter Ended June 30, 2019 Quarter Ended September 30, 2019 Quarter Ended December 31, 2019 Total investment income $ 3,428,832 $ 5,340,801 $ 5,859,037 $ 7,106,197 Total expenses 2,698,387 4,302,408 4,700,091 5,420,236 Reimbursement payment to Adviser — — — 107,841 Waived collateral management fees — (325,809) (367,534) (463,076) Expense reimbursement from Adviser (156,418) (259,263) (31,875) — Waived management fees (63,171) (67,927) (60,261) (189,342) Waived incentive fees (76,072) — (56,255) — Net expenses 2,402,726 3,649,409 4,184,166 4,875,659 Net investment income before taxes 1,026,106 1,691,392 1,674,871 2,230,538 Net investment income after taxes 1,026,106 1,691,392 1,674,871 2,230,538 Net realized and unrealized gains (losses) 356,253 (321,200) (393,328) (697,190) Net increase in net assets resulting from operations $ 1,382,359 $ 1,370,192 $ 1,281,543 $ 1,533,348 Net investment income per share (basic and diluted) $ 0.15 $ 0.18 $ 0.15 $ 0.18 Earnings per share (basic and diluted) $ 0.20 $ 0.15 $ 0.11 $ 0.12 Weighted average shares outstanding 6,914,873 9,360,422 11,226,276 12,522,082 Distributions declared per share $ 0.15 $ 0.16 $ 0.13 $ 0.17 Net asset value per share $ 9.97 $ 9.95 $ 9.93 $ 9.88 F-45