Fidus Investment (US:FDUS)2025-05-08 22:23Overview - Fidus Investment Corporation has a diversified investment portfolio totaling $1.2 billion as of March 31, 2025[12] - The company targets firms with annual revenues between $10 million and $150 million[20] - Fidus' senior investment professionals have an average of over 25 years of relevant experience[32] Investment Strategy & Performance - Fidus targets investments between $5 million and $35 million per portfolio company[18] - The company's investment close rate is just 2.8% of opportunities sourced[26] - The cumulative realized net capital gains are $182.8 million[38] - The adjusted NAV per share at March 31, 2025, was $19.39, a 34.1% premium to the IPO level of $14.46[38] Portfolio & Financial Review - The weighted average debt yield of the investment portfolio is 13.2%[48] - Secured debt investments constitute 81.4% of the portfolio[50] - Equity represents 11.9% of portfolio fair value versus cost of 7.6%[59]