Fidus (FDUS) Q2 FY26 earnings call

Fidus delivered a solid second quarter, marked by strong adjusted net investment income covering its base dividend and significant realized gains from equity monetizations. Despite geopolitical uncertainties impacting overall deal activity, the company's diversified portfolio remains healthy, with a focus on first-lien investments and low loan-to-value ratios. Management anticipates a pickup in deal flow in the second half of 2026, particularly Q4, while maintaining strict underwriting standards and a focus on capital preservation.