Source: Seeking Alpha
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I Was Wrong: Fidus Investment Deserves My Money (Rating Upgrade)
I was wrong about FDUS. It managed to outperform many of its peers. FDUS demonstrates stable net investment income, with regular dividend coverage at roughly 114% and supplemental dividends enhancing returns. Net asset value remains resilient; the recent NAV drop is attributed to special dividends, not portfolio losses, and non-accruals are now at zero.
Source: Seeking Alpha
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