Fidus Investment – whose performance bar has been set very high in recent years – continues to meet expectations in almost every way.
It was a very good year for Fidus Investment. Now the BDC has decided how to pay out its earnings and shareholders will need to pay attention.
In one way, Fidus Investment had a routine quarter where earnings were concerned, but in another way this was an extraordinary period. We discuss this and other issues when annotating the BDC’s IIQ 2022 earnings conference call.
The BDC Reporter has been on a plane so we’re updating two days in one post. The markets – and the BDC sector – went up only to come back down on war fears. Two BDCs reported distributions, which we review in detail.
If August was a quiet month for BDC fixed income news, September has brought many changes, albeit mostly expected. BDC debt prices, though, remain unchanged.
The median price of public BDC debt moved down on the week, but not far. We also discuss what we learned from BDC conference calls about the outlook for multiple debt issues.
BDC stock prices held up well in week two of earnings season. We review the top winners and losers and project what prices might go next.
Fidus Investment has gone from anxious to expansive as the IVQ 2020 results illustrate.
We re-publish an article from the BDC Credit Reporter reviewing how Fidus Investment tackled an under-performing investment.
The BDC Reporter annotates Fidus Investment’s IVQ 2020 conference call transcript.
Fidus Investment increases its distributions, raising the possibility the BDC can return to its pre-pandemic payout level. We review both the FDUS dividend history and its potential future.
Fidus Investment issues new unsecured debt which breaks new ground in terms of pricing and size.
The expectations of the management of Fidus – and the BDC’s result – have swung wildly in the last 6 months. In the IIIQ 2020 most everything’s coming up roses.
We re-publish an article from the BDC Credit Reporter about a non-performing Fidus Investment company. We also use the opportunity to offer up some of the key credit metrics of the BDC following IIQ 2020 results, which subscribers can access in the BDC Data Table.
BDC Fixed Income prices seemed to be headed in one direction just a fortnight ago, but now are moving in unexpected ways. We discuss both sector trends and the path of individual issues and what the future might hold, which is likely to be very different from the past.
