My Income Portfolio: In The Garden Of Eden

01:27pm, Monday, 05'th May 2025
Total Return can be misleading if not supported by NAV growth, as it may include unsustainable distributions and Return of Capital. Behavioral finance shows markets are irrational, making it crucial t
My BDC Portfolio: 2 Months In And A Clear Alpha Performance
EVANSTON, Ill., April 24, 2025 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it will report its first quarter 2025 financial r
FDUS is back on my "buy" list due to its solid valuation, despite increased market uncertainty from tariffs and potential recession risks. FDUS boasts a well-covered +9% regular dividend yield, with a

Fidus Investment: Irresistible Buying Opportunity

12:26pm, Wednesday, 23'rd Apr 2025
I upgraded Fidus Investment Corporation to 'Strong Buy' due to its well-covered dividends and substantial valuation haircut, with robust net investment activity and potential lower interest rates. Fid
The 60/40 portfolio, with 60% in equities and 40% in bonds, has long been the gold standard in the investment game. Yet, it has failed to deliver on its promise. In my view, a durable income strategy
Fidus Investment has suffered just as hard as most of its BDC peers. Since March 2025, FDUS's P/NAV has dropped from 1.21x to 0.91x now. The base dividend yield has increased accordingly, reaching ~10
Fidus Investment (FDUS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength dow
My core strategy focuses on high-quality, durable income streams, which are now benefiting from the current market conditions favoring value/income-based investing. Income investors may finally outper
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of 1.
BDC dividend investors, who want to avoid seeing their portfolio current income streams shrink have to be extra careful when picking BDCs. Largely due to unfavorable sector-wide conditions, many BDCs
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Current
We take a look at the action in business development companies through the second week of March and highlight some of the key themes we are watching. BDCs enjoyed a sharp rally late in the week, but s
Fidus Investment delivered a 2.8% total NAV return in Q4, outperforming other BDCs in our coverage. Q4 adjusted net income fell to $0.54 due to a drop in SOFR, temporary income dilution from share iss
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