Fidus Investment Corporation 5.375% Notes Due 2024
FDUSG
NASDAQ Global Select25.01
USD
+0.03
- -
CIK
0001513363
ISIN
US3165004041
CUSIP
316500404
Return %
Stock
S&P500
1Y
- -
18.99
3Y
- -
64.75
5Y
16.68
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- MD United States of America
- IPO Date
- Oct 17, 2019
- CIK
- 0001513363
- Similar Companies
- Business
- Fidus Investment Corporation is a business development company specializing in providing customized debt and equity financing solutions primarily to lower middle-market companies in the United States. The company focuses on leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine and growth capital, business expansion, and investments in subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, junior secured loans, and senior subordinated notes. Its target investments typically involve companies with annual revenues between $10 million and $150 million and EBITDA ranging from $3 million to $20 million. Fidus preferentially invests across diverse sectors including aerospace and defense, business services, consumer products and services (retail, food, and beverage), healthcare, industrial and niche manufacturing, IT services, transportation and logistics, and value-added distribution. It seeks minority equity stakes and board observation rights alongside its debt and equity investments. Founded in 2011 and headquartered in Evanston, Illinois, Fidus Investment Corporation manages a portfolio that emphasizes disciplined, risk-adjusted returns through investments in growing companies in the U.S. lower middle market. The company has made significant recent financing moves, including a $100 million public offering of 6.750% notes due 2030, augmenting its outstanding notes to $200 million. In the first quarter of 2025, it invested $49.5 million in new portfolio companies spanning healthcare, SaaS-based governance, risk and compliance solutions, infrastructure software, and wholesale distribution sectors. It also implemented a dividend reinvestment plan allowing shareholders to reinvest dividends. Financial results for 2024 showed strong investment income and portfolio growth, with total investments of $394.5 million across 16 new portfolio companies and a 13.8% increase in assets under management. The company fully redeemed its 2024 5.375% notes and 6.000% notes during 2025 as part of its ongoing capital management strategy. Fidus operates principally in the asset management sector serving lower middle-market enterprises in the United States, with a focused strategy on providing flexible, customized capital solutions through debt and equity instruments. The company is publicly traded on NASDAQ under the ticker FDUS and continues to expand its portfolio with a disciplined approach to capital deployment, investing predominantly in sectors with stable cash flows and growth potential. Its latest strategic developments include strengthening its capital structure with new note issuances and continuing selective investments in high-quality businesses demonstrating resilient business models and strong cash flow generation.
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