Fidus Investment Q4 Earnings Call Highlights

Ross said adjusted net investment income (NII) rose 5.1% year over year to $19.4 million, helped by higher average income-producing assets and a 60% increase in fee income versus the fourth quarter of 2024. On a per-share basis, adjusted NII was $0.52, compared with $0.54 in the prior-year quarter.At year-end, Fidus reported a $1.3 billion portfolio at fair value, equal to 102% of cost. First lien investments comprised 86% of the debt portfolio, reflecting what Ross described as an ongoing shift toward firs ...