Company Overview - Fidus Investment (NASDAQ: FDUS) is a Business Development Company (BDC) that specializes in providing financing solutions to lower middle-market businesses, with target investments ranging from 35 million [1] - The company's portfolio consists of 85 geographically diversified companies, with a focus on first-lien debt (64.9%), second-lien debt (13.5%), equity (7.8%), and subordinated debt (13.8%) [1] Investment Strategy - Fidus Investment's strategy is centered around providing financing solutions to lower middle-market businesses, which are typically underserved by traditional banks and larger financial institutions [1] - The company's investment portfolio is diversified across various sectors, including tech, real estate, software, finance, and consumer staples, which are industries that the author has extensive experience in advising and investing in [1] Author's Perspective - The author, a finance professional with deep experience in M&A and business valuation, has built a strong foundation in dividend investing, which they believe is one of the most accessible paths to achieving financial freedom [1] - The author's motivation for writing on Seeking Alpha is to share their insights and experiences in dividend investing, with the goal of making the process more approachable for those looking to build long-term wealth [1] Disclosure - The author has a beneficial long position in Fidus Investment (FDUS) through stock ownership, options, or other derivatives, and wrote the article themselves, expressing their own opinions [2] - The article does not constitute an investment recommendation or any form of investment advice, and the views expressed may not reflect those of Seeking Alpha as a whole [3][4]
FIDUS Investment: Turning To Hold With Positive Outlook On Dividend Safety (Rating Downgrade)