FIDUS INVESTMENT (FDUS) Company Report

Adjusted Net Investment Income (NII) for Q3 2025 was $0.50 per share, covering the base dividend of $0.43 per share.
The Board of Directors declared a total dividend of $0.50 per share for Q4 2025, consisting of a base dividend of $0.43 per share and a supplemental dividend of $0.07 per share.
Net Asset Value (NAV) grew 2.7% to $711 million at quarter end, with NAV per share at $19.56 as of September 30, 2025.
The total investment portfolio expanded to $1.2 billion on a fair value basis as of September 30, 2025, with 82% in first-lien investments. Portfolio credit quality remained sound, with non-accruals at less than 1% of the total portfolio on a fair value basis.
Liquidity as of September 30, 2025, was approximately $203.8 million, remaining around $204 million after subsequent events including a $100 million debt add-on and refinancing of the line of credit.

Nov 7, 2025, 2:00 PM

Fidus Investment Corporation Announces Q3 2025 Financial Results

FDUS

Earnings

Dividends

Debt Issuance

Fidus Investment Corporation reported adjusted net investment income of $0.50 per share for Q3 2025 and a net asset value of $19.56 per share as of September 30, 2025.
The Board of Directors declared total dividends of $0.50 per share for Q4 2025, consisting of a $0.43 base dividend and a $0.07 supplemental dividend, payable on December 29, 2025.
During Q3 2025, the company invested $74.5 million in debt and equity securities and received $36.7 million from repayments and realizations, with the investment portfolio fair value totaling $1.2 billion as of September 30, 2025.
Subsequent to quarter-end, Fidus issued an additional $100.0 million in March 2030 Notes, terminated its Revolving Credit Facility, redeemed $100.0 million of January 2026 Notes, and established a new $175 million SPV Credit Facility.

Nov 6, 2025, 9:07 PM

Fidus Investment Corporation Announces Third Quarter 2025 Financial Results and Declares Q4 2025 Dividends

FDUS

Earnings

Dividends

Debt Issuance

Fidus Investment Corporation reported total investment income of $37.3 million, net investment income of $17.4 million, or $0.49 per share, and adjusted net investment income of $17.7 million, or $0.50 per share, for the third quarter ended September 30, 2025.
As of September 30, 2025, the company's net asset value (NAV) was $711.0 million, or $19.56 per share.
The Board of Directors declared total dividends of $0.50 per share for the fourth quarter of 2025, comprising a base dividend of $0.43 and a supplemental dividend of $0.07 per share.
During the third quarter of 2025, Fidus invested $74.5 million in debt and equity securities and received $36.7 million from repayments and realizations.
Subsequent to quarter-end, Fidus terminated its Revolving Credit Facility and fully redeemed the outstanding $100.0 million in aggregate principal amount of the January 2026 Notes on November 3, 2025.

Nov 6, 2025, 9:05 PM

Fidus Investment Corporation's Borrower Secures $175 Million Revolving Credit Facility

FDUS

Debt Issuance

New Projects/Investments

FIC FUNDING, LLC, as the Borrower, has secured $175,000,000 in initial commitments for a revolving credit facility.
The facility is supported by ING Capital LLC ($55,000,000), Customers Bank ($45,000,000), Western Alliance Bank ($25,000,000), Live Oak Banking Company ($25,000,000), and Apple Bank ($25,000,000).
The agreement outlines detailed eligibility requirements for Portfolio Investments, including that obligors must have a trailing 24-month EBITDA of at least $8,000,000 or a loan to enterprise value ratio not exceeding 60%.
Fidus Investment Corporation acts as the Servicer and Equityholder for this credit facility.
The Equityholder is required to provide an annual report, including audited consolidated financial statements, within 90 days after the end of each fiscal year, commencing with the fiscal year ending December 31, 2025.

Oct 22, 2025, 8:06 PM

Fidus Investment Corporation Issues Additional 6.750% Notes Due 2030

FDUS

Debt Issuance

Fidus Investment Corporation issued an additional $100,000,000 aggregate principal amount of 6.750% Notes due 2030 on October 3, 2025.
This issuance increases the total outstanding principal amount of these notes to $200,000,000, with a maturity date of March 19, 2030.
The notes bear an annual interest rate of 6.750%, payable semi-annually, and are direct unsecured obligations of the company.
The proceeds from this offering will be used to redeem the company's outstanding 4.75% notes due 2026.

Oct 3, 2025, 8:04 PM

Fidus Investment Corporation Prices Public Offering of Additional 6.750% Notes Due 2030

FDUS

Debt Issuance

Fidus Investment Corporation (FDUS) priced an underwritten public offering of an additional $100 million aggregate principal amount of 6.750% notes due 2030.
Upon issuance, the total outstanding principal amount of the company's 6.750% notes due 2030 will be $200 million.
The notes will bear interest at a rate of 6.750% per year, payable semi-annually, and the offering is expected to close on October 3, 2025.
The net proceeds from this offering are intended to be used to redeem in full the outstanding 4.75% notes due 2026 of the Company.

Oct 1, 2025, 8:38 PM

Catchment Capital Announces Majority Investment in Fidus Systems

FDUS

New Projects/Investments

M&A

Catchment Capital announced an agreement to make a majority investment in Fidus Systems, a leading provider of advanced electronic and embedded system design services.
This marks Catchment Capital's inaugural investment since its founding in 2024, with Fidus management also investing alongside.
The transaction is expected to close in October 2025 and aims to transform Fidus into a global leader.