Fidus Investment: Q2 Earnings Reinforces Strong Cash Generation To Support Distribution (Rating Upgrade)

susandaniels/iStock via Getty Images Overview Fidus Investment (NASDAQ:FDUS) operates as a business development company that generates its earnings by making debt and equity investments within lower middle market companies. I previously covered FDUS in May and rated it a hold. The total return since then has been mostly flat, but FDUS just released their Q2 earnings, so I wanted to revisit this BDC to provide some updated insights and outlook. FDUS has been a strong performer over the course of the pandemic ...