Fidus InvestmentFDUS
FDUS
About: Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide attractive risk-adjusted returns by generating both current income from debt investments and capital appreciation from equity related investments. The company's portfolio of investments is comprised of securities of companies from different industries such as, Information Technology Services, Business Services, Healthcare Products among others.
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $599K | Put options by funds: $243K
70% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 27
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
12% more capital invested
Capital invested by funds: $150M [Q3] → $167M (+$17.4M) [Q4]
2% more funds holding
Funds holding: 109 [Q3] → 111 (+2) [Q4]
0.39% more ownership
Funds ownership: 23.1% [Q3] → 23.49% (+0.39%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for FDUS.
Financial journalist opinion
Based on 13 articles about FDUS published over the past 30 days
Negative
Seeking Alpha
2 days ago
How To Navigate BDC Investing In Lower Interest Rate Environment
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of 1.0x, cannot fully offset lower rates through floating leverage. However, there are some ways to manage this situation.
Negative
Seeking Alpha
3 days ago
Worried About BDC Dividends? Consider These 3 For Durable Income
BDC dividend investors, who want to avoid seeing their portfolio current income streams shrink have to be extra careful when picking BDCs. Largely due to unfavorable sector-wide conditions, many BDCs have already cut their dividends (just as I predicted). In my view, there are many more in line.
Positive
Seeking Alpha
6 days ago
My BDC Portfolio And The Strategy For Alpha Going Forward
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis, the portfolio is slightly down.
Neutral
Seeking Alpha
1 week ago
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Currently, BDCs face several headwinds, which increase the risk of dividend cuts and price declines, especially within the more speculative and high-multiple segments.
Neutral
Seeking Alpha
1 week ago
BDC Weekly Review: Underperformers Remain Expensive
We take a look at the action in business development companies through the second week of March and highlight some of the key themes we are watching. BDCs enjoyed a sharp rally late in the week, but still ended down 2.5%. FSK and MFIC once again delivered below-average results, trading at decent discounts but not enough to justify allocation.
Positive
Seeking Alpha
1 week ago
Fidus Investment: Good Results, But Wait For Better Entry Point
Fidus Investment delivered a 2.8% total NAV return in Q4, outperforming other BDCs in our coverage. Q4 adjusted net income fell to $0.54 due to a drop in SOFR, temporary income dilution from share issuance, and an excise tax charge. FDUS declared a total dividend of $0.54 for Q3, with a managed dividend policy causing potential volatility in total dividends quarter-to-quarter.
Negative
Seeking Alpha
2 weeks ago
BDC Weekly Review: A Mystery On The Horizon
We take a look at the action in business development companies through the first week of March and highlight some of the key themes we are watching. BDCs had a tough week despite a strong finish on the back of increased market volatility and worsening risk sentiment. Horizon Tech Finance delivered a negative 3.5% total NAV return in Q4, continuing its trend of underperformance, yet it trades at a premium.
Neutral
GlobeNewsWire
3 weeks ago
Fidus Investment Corporation Prices Public Offering of $100 Million of 6.750% Notes Due 2030
EVANSTON, Ill., March 12, 2025 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it has priced an underwritten public offering of $100 million aggregate principal amount of 6.750% notes due 2030 (the “Notes”).
Neutral
Seeking Alpha
3 weeks ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
Neutral
Seeking Alpha
3 weeks ago
Fidus Investment: Strong Dividend Coverage But Lacks Growth (Rating Downgrade)
Fidus Investment offers a strong dividend yield of 10.5%, supported by robust earnings and low non-accrual rates, making it attractive for income-focused investors. Despite recent price growth, FDUS trades at a slight premium to NAV, but NAV growth has been weak, raising concerns about overvaluation. The portfolio is diversified but heavily weighted towards Information Technology and Business Services, with a significant portion in secured debt, providing a defensive investment structure.
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