Fidus Investment

FDUS

Market cap $751M

Overview Fund Activity

21.22 USD

+0.17

0.81%

At close Updated Sep 17, 11:25 AM EDT

1 day

0.81%

5 days

-0.56%

1 month

0.24%

3 months

7.33%

6 months

0.28%

Year to date

-0.42%

1 year

5.21%

5 years

114.56%

10 years

48.91%

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.

Financials Asset Management

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

313% more call options, than puts

Call options by funds: $1.02M | Put options by funds: $248K

93% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 28

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

2% more capital invested

Capital invested by funds: $179M [Q1] → $184M (+$4.42M) [Q2]

1% more funds holding

Funds holding: 119 [Q1] → 120 (+1) [Q2]

0.71% more ownership

Funds ownership: 25.37% [Q1] → 26.08% (+0.71%) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$21

1% downside

Avg. target

$22

2% upside

High target

$23

6% upside

3 analyst ratings

1 positive

33%

2 neutral

67%

0 negative

0%

Clear Street Mickey Schleien	$21	Buy Initiated	5 Sep 2025
B. Riley Securities Bryce Rowe	$23	Neutral Downgraded	13 Aug 2025
Keefe, Bruyette & Woods Ryan Lynch	$22	Market Perform Maintained	11 Aug 2025

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about FDUS published over the past 30 days

Are You Falling For These 3 BDC Dividend Myths

BDCs have two issues: 1) almost no margin of safety for dividend coverage, and 2) depressed earnings outlook. For many players it is just a matter of several quarters before they become forced to cut dividends. Yet, there are many arguments, which negate such a view. Unfortunately, many of them ar myths.

Are You Falling For These 3 BDC Dividend Myths

3 BDCs That Are Not Invited To The Dividend Cut Party

I expect the Fed to cut rates soon, with markets pricing in an 89% chance of a 25bps cut this month. Ongoing and future rate cuts will pressure SOFR-linked assets, especially BDCs, causing yield compression and likely dividend reductions. BDC dividend risks are high due to lower loan yields, thin dividend coverage, and limited capacity to offset falling income.

3 BDCs That Are Not Invited To The Dividend Cut Party

My Cocktail For The Upcoming Correction: 1 REIT, 1 BDC And 1 ETF

The market is primed for a correction. The elevated valuations and weaker economic data support that. It is important to take care of the downside, while not opening the door to meaningful opportunity cost.

My Cocktail For The Upcoming Correction: 1 REIT, 1 BDC And 1 ETF

Fidus Investment: Executing On The Macro Environment With Precision

Fidus Investment continues to outperform peers by effectively navigating lower base rates and maintaining strong portfolio quality despite macro uncertainty. Their latest quarter showed impressive NAV growth, increased first-lien debt exposure, and a decline in non-accruals, highlighting prudent portfolio management. FDUS maintains a strong balance sheet with low leverage and ample liquidity, supporting dividend safety even if base rates decline further.

Fidus Investment: Executing On The Macro Environment With Precision

Fidus Investment: Q2 Delivers A Rise In Both Income And NAV

We catch up on Q2 results of the Business Development Company Fidus Investment. FDUS is focused on the lower middle market direct lending market and trades at a 10.7% total dividend yield with a 9% premium. FDUS delivered both a rise in NII and the NAV - an unusual combination in Q2.

Fidus Investment: Q2 Delivers A Rise In Both Income And NAV

My 10% Income Portfolio-Protecting The NAV

Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protecting the value of the underlying assets. As far as I am concerned, the way to protect my portfolio is to favor only securities with a positive NAV over time.

My 10% Income Portfolio-Protecting The NAV

BDC Weekly Review: BDC Earnings Deluge

We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs traded flat this week, with earnings reports driving sector movement; valuations remain attractive versus historical averages. Recent earnings highlight strong performance from FDUS and NCDL.

BDC Weekly Review: BDC Earnings Deluge

Fidus Investment: One Of The Stronger BDCs Right Now (Rating Upgrade)

Upgrading Fidus Investment to a buy due to resilient earnings, strong dividend coverage, and declining non-accruals despite a challenging macro environment. FDUS's portfolio is well-diversified, prioritizing first lien senior secured debt, and has shown improved health and liquidity in recent quarters. Dividend yield stands at 10.5% with robust coverage and significant spillover income, supporting both base and supplemental distributions for over a year.

Fidus Investment: One Of The Stronger BDCs Right Now (Rating Upgrade)

It's All Downhill For Most BDCs, Here Is My Approach

Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin dividend coverage—signal elevated risk of further dividend cuts across the sector. Current sector repricing is insufficient for broad new BDC allocations; most remain unattractive except for select names with strong fundamentals.

It's All Downhill For Most BDCs, Here Is My Approach

Fidus Investment: A Clear BDC Bargain To Buy Now

FDUS continues to deliver superior returns, while the overall sector is struggling. The recent quarter shows both earnings and NAV growth, which for an average BDC is not that common anymore. Currently, we can buy FDUS at a premium of 9%.

Fidus Investment: A Clear BDC Bargain To Buy Now

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