Fidus Investment: Another Strong Quarter For This 11.8%-Yielding BDC
BDCBelden(BDC) Seeking Alpha·2024-08-14 21:19
John M Lund Photography Inc In this article, we catch up on Q2 results of the Business Development Company (“BDC”) Fidus Investment (NASDAQ:FDUS). FDUS trades at a total dividend yield of 11.8% and a 1% discount to NAV. FDUS invests in the lower middle-market segment and is overweight the Technology sector. FDUS offers one of the best opportunities in the BDC sector with a combination of above-average performance at a below-average valuation. It has been one of our favorite picks for a couple of years r ...