Fidus Investment Corporation (FDUS)
FDUS · NASDAQ
Evanston, IL | NASDAQ:FDUS
Overview
Fidus Investment Corporation is a BDC that provides customized debt and equity financing to lower middle-market companies. FDUS focuses on businesses with EBITDA between $3 million and $25 million, offering senior secured loans, mezzanine debt, and equity co-investments. The company is internally managed and has a strong track record of supplemental dividends above its regular quarterly distributions.
Key Metrics
| Metric | Value |
|---|---|
| 1-Year Total Return | 14.8% |
| 3-Year Total Return | 38.5% |
| 5-Year Total Return | 56% |
| Expense Ratio | 7% |
| Leverage Ratio | 1.22x |
| Portfolio Companies | 55 |
| Total Assets | $1.1B |
Investment Strategy
Fidus Investment Corporation focuses on senior secured loans, mezzanine debt, equity co-investments in the industrial, manufacturing, healthcare, business services sectors. The company targets lower middle-market companies and maintains a portfolio of 55 investments totaling $1.1B in assets.
Management
CEO: Edward H. Ross | Employees: 22
Suitability
FDUS is suitable for income-focused investors seeking quarterly dividend income with a 9.5% yield. The BDC's focus on senior secured loans provides portfolio characteristics. Investors should consider their risk tolerance and investment objectives before investing.