Financial Data and Key Metrics Changes - Adjusted net investment income (NII) for Q4 2022 was $12.6 million or $0.51 per share, an increase from $12 million or $0.49 per share in the previous year [9] - Total investment income for Q4 2022 was $27.5 million, a $2.5 million increase from Q3 2022, primarily due to a rise in interest income [27] - Total expenses for Q4 2022 were $15 million, which is $2.7 million higher than Q3 2022, driven by increased income taxes and professional fees [29] - The company ended Q4 2022 with a net asset value of $480.3 million or $19.43 per share [10] Business Line Data and Key Metrics Changes - The company invested $65.9 million in debt securities during the quarter, focusing on high-quality companies [14] - Debt investments increased from $549.8 million or 77% of the total as of December 31, 2021, to $740.5 million or 86% of the total as of December 31, 2022 [18] - The fair value of the portfolio at quarter end was $860.3 million, equal to 103.8% of cost [16] Market Data and Key Metrics Changes - The weighted average interest rate on outstanding debt was 4% as of December 31, 2022 [30] - The weighted average effective yield on debt investments increased to 13.8% as of December 31, 2022, from 12.9% at September 30, 2022 [40] Company Strategy and Development Direction - The company aims to preserve capital and generate attractive risk-adjusted returns for shareholders while focusing on high free cash flow and defensive growth companies [25] - The company plans to continue making equity co-investments alongside debt investments, indicating a strategy to enhance portfolio resilience [71] Management's Comments on Operating Environment and Future Outlook - Management noted that the credit environment was tougher in Q4 2022 compared to the previous year, but they continue to find attractive investment opportunities [8][25] - The company expects to grow its portfolio in 2023 despite macroeconomic uncertainties, including potential recession scenarios [25] Other Important Information - The company declared a total cash dividend of $0.66 per share for the first quarter of 2023, which includes a base dividend and supplemental dividends [13] - The company has approximately $179.3 million in total liquidity as of December 31, 2022 [35] Q&A Session Summary Question: What does the pipeline look like for 2023? - Management indicated that while Q4 was a low point for activity, there has been an uptick in January and they expect to continue growing the portfolio in Q2 2023 [44] Question: What is the target for balance sheet leverage? - The company aims for a long-term leverage target of 1:1, with comfort in a range from 0.75 to 1.25x [47] Question: How are portfolio companies managing current challenges? - Management stated that portfolio companies are raising prices, cutting costs, and managing operational challenges effectively [57] Question: Has competition in the market changed? - Management confirmed that competition has pulled back significantly compared to a year ago, particularly from banks and CLOs [65] Question: What is the expectation for realized gains in 2023? - Management expects incremental gains but at a more modest pace compared to previous years due to market conditions [68] Question: Are purchase price multiples contracting for new M&A deals? - Management noted that while multiples have come down slightly, they have not dropped significantly, and they continue to see opportunities for equity co-investments [70]

FIDUS T ME NT Investor Presentation NASDAQ: Common Stock – FDUS This presentation is neither an offer to sell nor a solicitation of an offer to buy Fidus securities. An offering is made only by an applicable prospectus. This presentation must be read in conjunction with a prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. A copy of such a prospectus must be made available to you in connection with any offering. II. Investm ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 814-00861 FIDUS INVESTMENT CORPORATION (Exact Name of Registrant as Specified in Its Charter) Maryland 27-5017321 (State or Other Jurisdicti ...

Fidus Investment (NASDAQ:FDUS) Q3 2022 Earnings Conference Call November 4, 2022 9:00 AM ET Company Participants Jody Burfening - IR Edward Ross - Chairman & CEO Shelby Sherard - CFO, Chief Compliance Officer & Secretary Conference Call Participants Bryce Rowe - B. Riley Financing Robert Dodd - Raymond James Ryan Lynch - KBW Mickey Schleien - Ladenburg Operator Good morning. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fidus Quarter Thr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 814-00861 Fidus Investment Corporation (Exact Name of Registrant as Specified in its Charter) Maryland 27-50173 ...

Start Time: 09:00 January 1, 0000 9:39 AM ET Fidus Investment (NASDAQ:FDUS) Q2 2022 Earnings Conference Call August 05, 2022, 09:00 AM ET Company Participants Ed Ross - Chairman and CEO Shelby Sherard - CFO, Chief Compliance Officer and Secretary Jody Burfening - IR Conference Call Participants Robert Dodd - Raymond James Ryan Lynch - Keefe, Bruyette & Woods Mickey Schleien - Ladenburg Operator Good day, and welcome to the Fidus Second Quarter 2022 Earnings Call. Today's call is being recorded. I would now ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 814-00861 Fidus Investment Corporation (Exact Name of Registrant as Specified in its Charter) Maryland 27-5017321 (S ...

FIDUS T ME NT Investor Presentation NASDAQ: Common Stock – FDUS Disclosure Fidus Investment Corporation ("Fidus") cautions that statements in this presentation that are forward- looking, and provide other than historical information, involve risks and uncertainties that may impact our future results of operations. The forward-looking statements in this presentation are based on current conditions and include statements regarding our goals, beliefs, strategies and future operating results and cash flows, inc ...

Fidus Investment. (NASDAQ:FDUS) Q1 2022 Earnings Conference Call May 6, 2022 9:00 AM ET Company Participants Jody Burfening - IR Ed Ross - Chairman and CEO Shelby Sherard - CFO, Chief Compliance Officer and Secretary Conference Call Participants Ryan Lynch - KBW Bryce Rowe - Hovde Group Operator Welcome to the Fidus First Quarter 2022 Earnings Conference Call. My name is Hilda and I will be your operator for today. At this time, all participants are in a listen-only mode. And later we will conduct a questio ...

Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.001 per share FDUS The NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transitio ...