BDC·info
FDUS

Fidus Investment

Period
SEC EDGAR ↗
Portfolio Fair Value
$938.86M
164 holdings
Avg Spread
+7.25%
FV-weighted, debt
Avg Coupon
—
FV-weighted
% First Lien
54.5%
of debt FV
Unrealized P/L
+$32.88M
+3.63% of cost
Non-Accrual
4
text-detected

Balance sheet

Assets$982.41M
Liabilities + Equity$982.41M
First Lien
$505.78M · 51.5%
Second Lien
$159.94M · 16.3%
Subordinated
$121.00M · 12.3%
Equity
$114.05M · 11.6%
Debt (Borrowings)
$478.55M · 48.7%
Net Assets (Equity)
$483.35M · 49.2%

Industry Composition

Information Technology Services
25.3%
Unclassified
15.4%
Business Services
9.8%
Aerospace & Defense Manufacturing
5.3%
Health Products
5.0%
Industry Transportation services
4.4%
Building Products Manufacturing
4.2%
Component Manufacturing
3.7%
Retail
2.5%
Real
2.4%
Environmental Industries
2.3%
Healthcare Services
2.3%
Other industries
17.3%

Fair Value History

Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
Q2 '25
Q3 '25
Q4 '25
Q1 '26
Q2 '26

Spread Distribution

4.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.5%
10.0%
12.0%
13.0%
Schedule of Investments

All holdings

All holdings
Sortable, click headers to re-sort
164 of 215
IssuerIndustryType
Fair Value
Cost
Unrealized
Coupon
Spread
Maturity
Pfanstiehl Inc
Health Products
Common Equity
$37.19M
$255.0K
$36.93M
——
—
MBS Opco, LLC (dba Marketron)
Information Technology Services
First Lien Debt
$27.00M
$26.89M
$110.0K
—+8.50%
—
Worldwide Express Operations, LLC
Industry Transportation services
Second Lien Debt
$26.81M
$26.48M
$330.0K
—+7.00%
—
Diversified Search LLC
Business Services
First Lien Debt
$24.16M
$24.06M
$93.0K
——
—
BP Thrift Buyer, LLC (dba myUnique and Ecothrift)
Real
Per common share data:
$22.91M
$22.58M
$323.0K
——
—
American AllWaste LLC (dba WasteWater Transport Services)
Environmental Industries
First Lien Debt
$21.18M
$20.97M
$210.0K
—+6.50%
—
Dataguise, Inc.
Information Technology Services
Subordinated Debt
$21.02M
$20.98M
$45.0K
——
—
Road Safety Services, Inc.
—
Second Lien Debt
$20.73M
$21.03M
-$300.0K
——
—
BP Thrift Buyer, LLC (dba myUnique and Ecothrift)
Retail
First Lien Debt
$20.00M
$19.61M
$390.0K
—+5.75%
—
Hub Acquisition Sub, LLC (dba Hub Pen)
Promotional products
Second Lien Debt
$19.75M
$19.75M
$0.00
——
—
Ipro Tech, LLC
Information Technology Services
First Lien Debt
$19.61M
$19.05M
$559.0K
—+7.00%
—
Applied Data Corporation Information Technology Services
—
First Lien Debt
$19.00M
$18.93M
$73.0K
—+6.25%
—
BCM One Group Holdings, Inc.
Information Technology Services
Subordinated Debt
$18.33M
$18.19M
$145.0K
——
—
Detechtion Holdings, LLC
Information Technology Services
First Lien Debt
$17.41M
$17.41M
$0.00
——
—
Aeronix Inc
Aerospace & Defense Manufacturing
First Lien Debt
$17.25M
$17.18M
$74.0K
—+5.88%
—
QED Technologies International, Inc.
—
First Lien Debt
$17.23M
$17.23M
$0.00
—+6.00%
—
NWS Technologies, LLC
Utilities: Services
First Lien Debt
$16.75M
$16.75M
$0.00
—+8.00%
—
Netbase Solutions, Inc. (dba Netbase Quid)
Information Technology Services
First Lien Debt
$16.71M
$16.63M
$74.0K
—+4.00%
—
Quest Software US Holdings Inc.
—
Second Lien Debt
$15.77M
$19.40M
-$3.63M
——
—
Tedia Company, LLC. Industry Healthcare Products
—
First Lien Debt
$15.60M
$15.54M
$64.0K
——
—
Power Grid Components, Inc.
Specialty Distribution
Second Lien Debt
$15.27M
$15.23M
$38.0K
——
—
APM Intermediate Holdings, LLC (dba Artistic Paver Manufacturing, Inc.)
Building Products Manufacturing
First Lien Debt
$15.00M
$14.90M
$98.0K
—+7.00%
—
LifeSpan Biosciences, Inc.
Healthcare Products
Subordinated Debt
$14.97M
$15.95M
-$981.0K
——
—
Spectra A&D Acquisition, Inc. (fka FDS Avionics Corp.)
Aerospace & Defense Manufacturing
First Lien Debt
$14.92M
$14.94M
-$23.0K
—+5.50%
—
Fishbowl Solutions, LLC
Information Technology Services
First Lien Debt
$14.17M
$14.27M
-$102.0K
——
—
CIH Intermediate, LLC
Business Services
Subordinated Debt
$13.82M
$13.71M
$105.0K
——
—
Pinnergy, Ltd.
Oil & Gas Services
Subordinated
$13.00M
$12.94M
$60.0K
——
—
ISI PSG Holdings, LLC (dba Incentive Solutions, Inc.)
Business Services
First Lien Debt
$12.78M
$12.78M
$0.00
—+7.50%
—
Tiger Calcium Services Inc.
Industry Transportation services
Second Lien Debt
$12.50M
$12.45M
$49.0K
——
—
Acendre Midco Inc
Information Technology Services
First Lien Debt
$12.45M
$12.41M
$44.0K
—+7.75%
—
US Fertility Enterprises, LLC
Industry Healthcare Services
Subordinated Debt
$12.34M
$12.34M
$0.00
——
—
Green Cubes Technology, LLC (dba Green Cubes)
Information Technology Services
First Lien Debt
$12.00M
$11.96M
$36.0K
—+13.00%
—
ISI PSG Holdings, LLC (dba Incentive Solutions, Inc.)
Business Services
First Lien Debt
$11.99M
$11.93M
$58.0K
—+7.50%
—
Cardback Intermediate, LLC (dba Chargeback Gurus)
Information Technology Services
First Lien Debt
$11.80M
$11.76M
$48.0K
——
—
Micronics Filtration Holdings, Inc. (dba Micronics Engineered Filtration Group, Inc.)
Component Manufacturing
First Lien Debt
$11.22M
$11.16M
$61.0K
—+5.50%
—
OnePath Systems, LLC
Information Technology Services
First Lien Debt
$11.00M
$10.93M
$70.0K
—+7.50%
—
PowerGrid Services Acquisition, LLC
—
Second Lien Debt
$10.83M
$10.79M
$41.0K
—+9.50%
—
2KDirect, Inc. (dba iPromote)
Information Technology Services
First Lien Debt
$10.72M
$11.14M
-$420.0K
—+7.25%
—
GP&C Operations, LLC (dba Garlock Printing and Converting)
Component Manufacturing
First Lien Debt
$10.63M
$10.55M
$85.0K
——
—
AOM Intermediate Holdco, LLC (dba AllOver Media)
Information Technology Services
First Lien Debt
$10.00M
$9.95M
$54.0K
—+6.50%
—
Pfanstiehl Inc
Health Products
Subordinated Debt
$10.00M
$9.96M
$41.0K
——
—
USG AS Holdings, LLC
Industry Utilities: Services
First Lien Debt
$9.91M
$9.91M
$0.00
—+8.50%
—
Applegate Greenfiber Intermediate Inc ( fka US GreenFiber LLC)
Building Products Manufacturing
Subordinated Debt
$9.60M
$9.60M
$0.00
——
—
Allredi, LLC (fka Marco Group International OpCo, LLC)
Industrial Cleaning & Coatings
Second Lien Debt
$9.20M
$10.73M
-$1.53M
——
—
Choice Technology Solutions, LLC (dba Choice Merchant Solutions, LLC)
Information Technology Services
First Lien Debt
$8.50M
$8.46M
$36.0K
——
—
Wonderware Holdings, LLC (dba CORE Business Technologies)
Industry Information Technology Services
First Lien Debt
$8.32M
$8.29M
$31.0K
—+7.25%
—
Hallmark Health Care Solutions, Inc.
Healthcare Services
First Lien Debt
$8.30M
$8.27M
$31.0K
—+7.25%
—
Applegate Greenfiber Intermediate Inc ( fka US GreenFiber LLC)
Building Products Manufacturing
Common Equity
$7.96M
$7.11M
$849.0K
——
—
CTM Group, Inc.
Business Services
First Lien Debt
$7.83M
$7.83M
$0.00
——
—
Aldinger Company
Business Services
First Lien Debt
$7.76M
$7.76M
$0.00
—+6.50%
—
AmeriWater, LLC
Component Manufacturing
First Lien Debt
$7.68M
$7.64M
$39.0K
—+6.25%
—
Auto CRM LLC (dba Dealer Holdings)
Information Technology Services
First Lien Debt
$7.61M
$7.57M
$49.0K
—+5.50%
—
Applegate Greenfiber Intermediate Inc ( fka US GreenFiber LLC)
Building Products Manufacturing
Common Equity
$7.04M
$5.69M
$1.35M
——
—
Winona Foods, Inc.
Industry Specialty Distribution
First Lien Debt
$7.00M
$6.97M
$29.0K
—+13.00%
—
Virtex Enterprises, LP
Industry Component Manufacturing
Second Lien Debt
$6.29M
$10.91M
-$4.61M
—+9.75%
—
R1 Holdings, LLC (dba RoadOne IntermodaLogistics)
—
First Lien Debt
$6.24M
$6.05M
$197.0K
—+6.25%
—
Education Incites, LLC (dba Acceleration Academies)
Business Services
Second Lien Debt
$6.00M
$5.97M
$26.0K
——
—
Suited Connector LLC
—
Second Lien Debt
$5.99M
$15.93M
-$9.95M
——
—
Prime AE Group, Inc.
—
First Lien Debt
$5.83M
$5.78M
$54.0K
—+6.75%
—
Magenta Buyer LLC (dba Trellix)
Information Technology Services
Second Lien Debt
$5.67M
$6.84M
-$1.17M
—+8.25%
—
Steward Holding LLC (dba Steward Advanced Materials)
Aerospace & Defense Manufacturing
Common Equity
$5.44M
$1.00M
$4.44M
——
—
Haematologic Technologies, Inc
Healthcare Services
First Lien Debt
$5.38M
$5.37M
$11.0K
—+8.25%
—
Puget Collision, LLC
—
First Lien Debt
$5.08M
$5.08M
$0.00
—+9.50%
—
Zonkd, LLC
Industry Component Manufacturing
First Lien Debt
$4.97M
$4.83M
$144.0K
—+10.00%
—
Level Education Group, LLC (dba CE4Les Business Services
—
First Lien Debt
$4.76M
$4.74M
$23.0K
—+5.75%
—
Sonicwall US Holdings, Inc.
—
Second Lien Debt
$4.76M
$4.55M
$210.0K
—+7.50%
—
Power Grid Components, Inc.
Specialty Distribution
Common Equity
$4.29M
$462.0K
$3.83M
——
—
Pool & Electrical Products, LLC
Oil & Gas Services
Common Equity
$4.29M
$549.0K
$3.74M
——
—
Micronics Filtration Holdings, Inc. (dba Micronics Engineered Filtration Group, Inc.)
Component Manufacturing
Common Equity
$4.25M
$1.44M
$2.81M
——
—
Winona Foods, Inc.
Industry Specialty Distribution
First Lien Debt
$4.00M
$3.92M
$79.0K
—+12.00%
—
Combined Systems, Inc.
Aerospace & Defense Manufacturing
First Lien Debt
$3.86M
$3.84M
$18.0K
——
—
Combined Systems, Inc
Aerospace & Defense Manufacturing
Revolving Loan
$3.84M
$3.83M
$8.0K
——
—
2KDirect, Inc. (dba iPromote)
Information Technology Services
First Lien Debt
$3.44M
$3.44M
$0.00
—+7.25%
—
Hallmark Health Care Solutions, Inc.
Healthcare Services
Common Equity
$3.37M
$750.0K
$2.62M
——
—
Tedia Company, LLC. Industry Healthcare Products
—
Subordinated Debt
$3.25M
$2.74M
$508.0K
——
—
Gurobi Optimization, LLC
Information Technology Services
Common Equity
$2.91M
$605.0K
$2.31M
——
—
Medsurant Holding LLC
Healthcare Services
Warrant
$2.57M
$2.26M
$310.0K
——
—
K2 Merger Agreement Agent, LLC (fka K2 Industrial Services, Inc.)
Industrial Cleaning & Coatings
Second Lien Debt
$2.12M
$2.37M
-$245.0K
——
—
Detechtion Holdings, LLC
Information Technology Services
Subordinated Debt
$2.00M
$2.00M
$0.00
——
—
CTM Group, Inc.
Business Services
Subordinated Debt
$1.99M
$1.99M
$0.00
——
—
BP Thrift Buyer, LLC (dba myUnique and Ecothrift)
Retail
First Lien Debt
$1.95M
$1.95M
$0.00
—+5.75%
—
UBEO, LLC. Industry Business Services
—
Common Equity
$1.94M
$655.0K
$1.29M
——
—
Road Safety Services, Inc.
—
Common Equity
$1.70M
$1.12M
$574.0K
——
—
Elements Brands, LLC
Consumer Products
Revolving Loan
$1.50M
$1.49M
$7.0K
——
—
Healthfuse, LLC
Healthcare Services
Preferred Equity
$1.44M
$748.0K
$693.0K
——
—
Tedia Company, LLC. Industry Healthcare Products
—
Preferred Equity
$1.41M
$1.00M
$405.0K
——
—
QED Technologies International, Inc.
—
Common Equity
$1.40M
$1.40M
$0.00
——
—
Virginia Tile Company, LLC
Industry Specialty Distribution
Common Equity
$1.37M
$78.0K
$1.29M
——
—
R1 Holdings, LLC (dba RoadOne IntermodaLogistics)
—
Subordinated Debt
$1.37M
$1.32M
$42.0K
——
—
Comply365, LLC
Aerospace & Defense Manufacturing
Common Equity
$1.34M
$627.0K
$713.0K
——
—
Level Education Group, LLC (dba CE4Less)
Business Services
Common Equity
$1.34M
$1.00M
$336.0K
——
—
Elements Brands, LLC
Consumer Products
First Lien Debt
$1.27M
$1.26M
$13.0K
——
—
BP Thrift Buyer, LLC (dba myUnique and Ecothrift)
Retail
Common Equity
$1.24M
$960.0K
$278.0K
——
—
Aeronix Inc
Aerospace & Defense Manufacturing
Common Equity
$1.13M
$593.0K
$534.0K
——
—
NWS Technologies, LLC
Utilities: Services
Common Equity
$1.13M
$1.13M
$0.00
——
—
Ipro Tech, LLC
Information Technology Services
Preferred Equity
$1.02M
$682.0K
$341.0K
——
—
USG AS Holdings, LLC
Industry Utilities: Services
Common Equity
$1.00M
$1.00M
$0.00
——
—
Spectra A&D Acquisition Inc (fka FDS Avionics Corp)
Aerospace & Defense Manufacturing
Common Equity
$959.0K
$1.20M
-$245.0K
——
—
Worldwide Express Operations, LLC
Industry Transportation services
Common Equity
$901.0K
$795.0K
$106.0K
——
—
CIH Intermediate, LLC
Business Services
Preferred Equity
$886.0K
$400.0K
$486.0K
——
—
CIH Intermediate, LLC
Business Services
Common Equity
$843.0K
$400.0K
$443.0K
——
—
Hub Acquisition Sub, LLC (dba Hub Pen)
Promotional products
Common Equity
$819.0K
$56.0K
$763.0K
——
—
Dataguise, Inc.
Information Technology Services
Common Equity
$791.0K
$1.50M
-$709.0K
——
—
Medsurant Holding LLC
Healthcare Services
Preferred Equity
$744.0K
$643.0K
$101.0K
——
—
OnePath Systems, LLC
Information Technology Services
Common Equity
$699.0K
$500.0K
$199.0K
——
—
Worldwide Express Operations, LLC
Industry Transportation services
Common Equity
$696.0K
$225.0K
$471.0K
——
—
Aldinger Company
Business Services
Preferred Equity
$680.0K
$680.0K
$0.00
——
—
Power Grid Components, Inc.
Specialty Distribution
Preferred Equity
$657.0K
$392.0K
$265.0K
——
—
Auto CRM LLC (dba Dealer Holdings)
Information Technology Services
Subordinated Debt
$629.0K
$625.0K
$4.0K
——
—
LifeSpan Biosciences, Inc.
Healthcare Products
Common Equity
$629.0K
$1.00M
-$371.0K
——
—
PowerGrid Services Acquisition, LLC
—
Common Equity
$562.0K
$534.0K
$28.0K
——
—
Diversified Search LLC
Business Services
Common Equity
$521.0K
$552.0K
-$31.0K
——
—
ISI PSG Holdings, LLC (dba Incentive Solutions, Inc.)
Business Services
Common Equity
$510.0K
$500.0K
$10.0K
——
—
Spectra A&D Acquisition, Inc. (fka FDS Avionics Corp.)
Aerospace & Defense Manufacturing
Common Equity
$503.0K
$472.0K
$31.0K
——
—
Detechtion Holdings, LLC
Information Technology Services
Common Equity
$500.0K
$500.0K
$0.00
——
—
Combined Systems, Inc.
Aerospace & Defense Manufacturing
First Lien Debt
$489.0K
$489.0K
$0.00
——
—
Road Safety Services, Inc.
—
Common Equity
$479.0K
$430.0K
$49.0K
——
—
Bedford Precision Parts LLC
Specialty
Common Equity
$472.0K
$484.0K
-$12.0K
——
—
Auto CRM LLC (dba Dealer Holdings)
Information Technology Services
Common Equity
$456.0K
$500.0K
-$44.0K
——
—
Acendre Midco Inc
Information Technology Services
Common Equity
$451.0K
$371.0K
$80.0K
——
—
R1 Holdings, LLC (dba RoadOne IntermodaLogistics)
—
Common Equity
$418.0K
$280.0K
$138.0K
——
—
CTM Group, Inc.
Business Services
Common Equity
$400.0K
$400.0K
$0.00
——
—
Palmetto Moon, LLC
Retail
Common Equity
$393.0K
$265.0K
$128.0K
——
—
NWS Technologies, LLC
Utilities: Services
Preferred Equity
$375.0K
$375.0K
$0.00
——
—
American AllWaste LLC (dba WasteWater Transport Services)
Environmental Industries
First Lien Debt
$322.0K
$330.0K
-$8.0K
—+4.00%
—
American AllWaste LLC (dba WasteWater Transport Services)
Environmental Industries
Preferred Equity
$295.0K
$500.0K
-$205.0K
——
—
Cardback Intermediate, LLC (dba Chargeback Gurus)
Information Technology Services
Preferred Equity
$289.0K
$125.0K
$164.0K
——
—
GP&C Operations, LLC (dba Garlock Printing and Converting)
Component Manufacturing
Common Equity
$279.0K
$516.0K
-$237.0K
——
—
Hub Acquisition Sub, LLC (dba Hub Pen)
Promotional products
Preferred Equity
$268.0K
$153.0K
$115.0K
——
—
BurgerFi International, LLC (dba BurgerFi)
Restaurants
Preferred Equity
$245.0K
$49.0K
$196.0K
——
—
2KDirect Inc (dba iPromote)
Information Technology Services
Common Equity
$206.0K
—
—
——
—
CRS Solutions Holdings, LLC (dba CRS Texas)
Business Services
Common Equity
$202.0K
$272.0K
-$70.0K
——
—
Global Plasma Solutions, Inc.
Component Manufacturing Services
First Lien Debt
$191.0K
$191.0K
$0.00
——
—
Allredi LLC (fka Macro Group International OpCo. LLC)
Industrial Cleaning & Coatings
Common Equity
$159.0K
$637.0K
-$478.0K
——
—
Acendre Midco Inc
Information Technology Services
Preferred Equity
$143.0K
$88.0K
$55.0K
——
—
Prime AE Group, Inc.
—
Preferred Equity
$140.0K
$900.0K
-$760.0K
——
—
Acendre Midco Inc
Information Technology Services
Warrant
$135.0K
$129.0K
$6.0K
——
—
American AllWaste LLC (dba WasteWater Transport Services)
Environmental Industries
Preferred Equity
$127.0K
$250.0K
-$123.0K
——
—
Global Plasma Solutions, Inc.
Component Manufacturing
Common Equity
$103.0K
$52.0K
$51.0K
——
—
NGT Acquisition Holdings, LLC (dba Techniks Industries)
Component Manufacturing
Common Equity
$97.0K
$500.0K
-$403.0K
——
—
Haematologic Technologies, Inc.
Healthcare Services
Common Equity
$89.0K
$89.0K
$0.00
——
—
American AllWaste LLC (dba WasteWater Transport Services)
Environmental Industries
Preferred Equity
$87.0K
$171.0K
-$84.0K
——
—
Power Grid Components, Inc.
Specialty Distribution
Preferred Equity
$81.0K
$48.0K
$33.0K
——
—
Zonkd, LLC
Industry Component Manufacturing
Common Equity
$71.0K
$169.0K
-$98.0K
——
—
Allredi LLC (fka Macro Group International OpCo. LLC)
Industrial Cleaning & Coatings
Common Equity
$55.0K
$22.0K
$33.0K
——
—
American AllWaste LLC (dba WasteWater Transport Services)
Environmental Industries
Preferred Equity
$47.0K
$97.0K
-$50.0K
——
—
IBH Holdings, LLC (fka Inflexxion, Inc.)
Business Services
Common Equity
$25.0K
—
—
——
—
Cardback Intermediate, LLC (dba Chargeback Gurus)
Information Technology Services
Common Equity
$23.0K
$125.0K
-$102.0K
——
—
BurgerFi International, LLC (dba BurgerFi)
Restaurants
Common Equity
$22.0K
—
—
——
—
2KDirect, Inc. (dba iPromote)
Information Technology Services
Common Equity
$0.00
$1.00M
-$1.00M
——
—
BurgerFi International, LLC (dba BurgerFi)
Restaurants
Common Equity
$0.00
$521.0K
-$521.0K
——
—
Haematologic Technologies, Inc.
Healthcare Services
Common Equity
$0.00
$630.0K
-$630.0K
——
—
Spectra A&D Acquisition, Inc. (fka FDS Avionics Corp.)
Aerospace & Defense Manufacturing
Common Equity
$0.00
$2.61M
-$2.61M
——
—
Suited Connector LLC
—
Common Equity
$0.00
$808.0K
-$808.0K
——
—
Tedia Company, LLC. Industry Healthcare Products
—
Revolving Loan
$0.00
$16.0K
-$16.0K
——
—
The Kyjen Company, LLC (dba Outward Hound)
Consumer Products
Common Equity
$0.00
$933.0K
-$933.0K
——
—
US GreenFiber LLC
Building Products Manufacturing
Second Lien Debt
$0.00
$5.22M
-$5.22M
——
—
US GreenFiber LLC
Building Products Manufacturing
Common Equity
$0.00
$586.0K
-$586.0K
——
—
US GreenFiber LLC
Building Products Manufacturing
Common Equity
$0.00
$1.0K
-$1.0K
——
—
US GreenFiber LLC
Building Products Manufacturing
Common Equity
$0.00
$1.02M
-$1.02M
——
—
United Biologics, LLC. Industry Healthcare Services
—
Preferred Equity
$0.00
$1.01M
-$1.01M
——
—
United Biologics, LLC. Industry Healthcare Services
—
Warrant
$0.00
$566.0K
-$566.0K
——
—
Aldinger Company
Business Services
Common Equity
—
—
—
——
—
Applegate Greenfiber Intermediate Inc ( fka US GreenFiber LLC)
Building Products Manufacturing
Common Equity
—
—
—
——
—
Disclosed holdings FV
$928.72M
Parsed holdings FV
$938.86M
Residual gap
-$10.14M
Balance-sheet cash
$37.98M
CIK
0001513363
Accession
0000950170-23-038032
Form type
10-Q
Period
2023-06-30