Welcome to our dedicated page for FIDUS INVESTMENT SEC filings (Ticker: FDUS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Fidus Investment Corporation filings document a business development company’s portfolio results, distribution policy, capital structure and governance. Its 8-K reports furnish quarterly and annual operating results, net asset value measures, investment activity, repayment and realization proceeds, and base or supplemental dividend declarations.
Other disclosures cover annual meeting proxy matters, common stock registered on the Nasdaq Global Select Market, at-the-market equity distribution agreements, debt-note offerings, SPV credit facilities and related material agreements. The filings also identify the adviser relationship and formal terms for financing arrangements used to fund or manage the investment portfolio.
Fidus Investment Corporation is updating its ongoing at-the-market common stock offering of up to $400,000,000. From November 10, 2022 through June 30, 2026, it sold 13,300,342 shares under the program for gross proceeds of $265.2 million and net proceeds of $261.8 million. As of August 4, 2026, $134.8 million of common stock capacity remains available for sale.
The filing details investor cost estimates: a 1.50% sales load, offering expenses of 0.32%, and total stockholder transaction expenses of 1.82% of the offering price. Ongoing annual expenses equal 13.32% of net assets after a small base management fee waiver, or 6.77% when measured against average consolidated total assets, reflecting the use of leverage. As of June 30, 2026, Fidus had $296.0 million in SBA debentures, $320.0 million of unsecured notes, and borrowings under a $225.0 million SPV credit facility.
Illustrative examples show that a $1,000 investment could incur cumulative expenses of $146 over one year and $909 over ten years at a 5.0% annual return. The filing also lists recent trading ranges versus net asset value; on August 4, 2026, the last reported share price was $20.47.
FDUS provides an extensive schedule of portfolio investments, showing a diversified mix of non-control/non-affiliate, affiliate and control positions across business services, information technology services, healthcare, component manufacturing, specialty distribution, utilities and consumer sectors.
The portfolio combines first lien, second lien and subordinated debt, revolving loans with unfunded commitments, preferred and common equity, and warrants. Many loans bear floating rates described as a spread over an index (such as “S + 5.50%”) with stated floors and separate cash and PIK rate components, with individual cash coupons often in the high single to mid‑teens and some PIK components reaching the mid‑teens. Maturities for these instruments span the medium to long term, including examples running into 2028–2032, illustrating a laddered debt profile alongside long-dated equity stakes.
Fidus Investment Corporation reported second‑quarter 2026 results with total investment income of $43.5 million, an 8.8% increase compared with the prior‑year quarter. Net investment income was $18.7 million, or $0.49 per share, and adjusted net investment income was $18.9 million, or $0.50 per share. The net increase in net assets resulting from operations was $19.96 million, or $0.53 per share.
The investment portfolio had a fair value of about $1.4 billion across 100 active portfolio companies, with 72.4% of debt investments at variable rates and a weighted average yield of 12.5%. Net asset value totaled $738.5 million, or $19.46 per share, and estimated spillover income was $38.0 million, or $1.00 per share, as of June 30, 2026.
Fidus invested $98.0 million in the quarter and received $39.2 million of repayments and realizations. The board paid total second‑quarter dividends of $0.62 per share and declared third‑quarter 2026 dividends totaling $0.50 per share (base $0.43 plus supplemental $0.07), payable September 29, 2026 to stockholders of record on September 15, 2026.
Fidus Investment Corporation held its 2026 annual stockholder meeting, where investors elected two Class III directors and approved a key share issuance authorization. Stockholders re-elected Raymond Anstiss, Jr. and Edward H. Ross to serve until the 2029 annual meeting.
They also approved a proposal allowing the company, with board approval, to sell or issue common shares over the next year at prices below its then-current net asset value per share. Any such sales are capped so that the cumulative shares issued under this authority do not exceed 25% of the company’s then outstanding common stock immediately before each sale.
Fidus Investment Corporation reported that its 2026 annual meeting of stockholders was convened and immediately adjourned on June 10, 2026 because a quorum was not present. No business was conducted at the meeting.
The annual meeting is scheduled to reconvene on June 24, 2026 at 9:30 A.M. Central Time at the company’s offices in Evanston, Illinois. The record date remains March 19, 2026, so only stockholders of record as of that date may vote when the meeting reconvenes, and the polls will remain open for voting during the adjournment period.
Fidus Investment Corporation has issued $120.0 million of 6.625% senior unsecured notes due June 1, 2029 in a private placement and plans to use the approximately $117.6 million in net proceeds, together with cash, to redeem its $125.0 million 3.50% notes due 2026. The new 2029 notes were sold at 99.45% of principal, carry semi-annual interest starting December 1, 2026, and rank pari passu with other unsecured unsubordinated debt while being effectively and structurally subordinated to secured and subsidiary obligations. Fidus entered a Registration Rights Agreement requiring it to complete an exchange offer for registered notes within 365 days of initial issuance or pay additional interest. The company has called the 3.50% 2026 notes for full redemption on June 29, 2026 at 100% of principal plus accrued interest and a make-whole premium.
The filing presents a detailed schedule of FDUS’s portfolio, listing numerous non-control, non-affiliate, affiliate, and control investments across business services, information technology, healthcare, industrials, retail, and specialty distribution. Holdings span first lien and second lien debt, subordinated debt, revolving loans, preferred equity, common equity, and warrants.
Many loans carry floating interest rates based on a benchmark spread, such as spreads of S+5.00% to S+8.50%, with stated cash coupons and, in some cases, payment-in-kind (PIK) components up to 17.00%. The schedule also discloses unfunded commitments on several revolving loans and term loans, including amounts like $3,500, $3,427, and $3,126, along with specific investment and maturity dates extending into the early 2030s.
Fidus Investment Corporation reported strong first quarter 2026 results, with total investment income of $47.5 million and net investment income of $24.6 million, or $0.65 per share. Adjusted net investment income was $23.7 million, or $0.62 per share, reflecting higher interest and fee income. Net asset value was $742.0 million, or $19.55 per share, as of March 31, 2026. The board declared second quarter dividends totaling $0.62 per share, including a base dividend of $0.43 and a supplemental dividend of $0.19, payable June 29, 2026 to stockholders of record on June 16, 2026.
Fidus Investment Corporation is asking stockholders to approve two key items at its 2026 annual meeting. Investors will vote on electing two Class III directors, including CEO Edward H. Ross and independent director Raymond L. Anstiss, Jr., to terms running until the 2029 meeting.
Stockholders are also being asked to authorize Fidus, subject to board approval, to sell or otherwise issue common stock over the next year at prices below net asset value per share. Any such issuances would be capped so the cumulative number of shares sold under this authority does not exceed 25% of the then-outstanding common stock immediately prior to each sale. The record date is March 19, 2026, when 37,954,364 shares were outstanding.
Fidus Investment Corporation filed a prospectus supplement registering an at-the-market equity program to offer up to $400,000,000 of common stock under an Equity Distribution Agreement. Through December 31, 2025, the company sold 13,300,342 shares for gross proceeds of $265.2 million, leaving approximately $134.8 million available under the ATM Program.
The supplement states the company will not issue shares below then-current net asset value in connection with this offering; the NAV per share was $19.55 as of December 31, 2025 and the market close price was $18.40 on February 26, 2026. Sales agents may receive commissions up to 1.50% of gross proceeds, and the Adviser may elect to pay some or all commissions. Expected net proceeds if the remaining $134.8 million is sold are approximately $132.3 million, to be used for debt repayment, new investments and working capital.