Fidus Investment Corporation bonds FDUS
Who owns Fidus Investment Corporation's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. FDUS stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 316500AC1 | 3.5% fixed | 2026-11-15 | USD | 98.14 | 7.06% | 342 bp | 1 | $11.8M | Apr 2026 |
| 316500AE7 | 6.625% fixed | 2029-06-01 | USD | 99.67 | 6.75% | 250 bp | 1 | $56.8M | Jul 2026 |
| 316500AD9 | 6.75% fixed | 2030-03-19 | USD | 99.04 | 7.05% | 277 bp | 2 | $35.3M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 2 | $92.1M | 99.36 | 6.90% | 263 bp | 2 |
| Jun 2026 | 1 | $678K | 99.68 | 6.85% | 267 bp | 1 |
| Apr 2026 | 2 | $46.5M | 98.61 | 7.02% | 315 bp | 2 |
| Mar 2026 | 1 | $678K | 99.74 | 6.82% | 304 bp | 1 |
| Feb 2026 | 1 | $701K | 100.15 | 6.71% | 310 bp | 1 |
| Jan 2026 | 2 | $46.4M | 98.62 | 6.98% | 327 bp | 2 |
| Dec 2025 | 1 | $672K | 98.78 | 7.09% | 344 bp | 1 |
| Nov 2025 | 1 | $714K | 102.04 | 6.20% | 257 bp | 1 |
| Oct 2025 | 3 | $64.0M | 100.00 | 6.23% | 262 bp | 2 |
| Sep 2025 | 2 | $2.1M | 100.61 | 6.29% | 266 bp | 1 |
| Jul 2025 | 3 | $44.0M | 98.79 | 6.30% | 232 bp | 2 |
| Jun 2025 | 2 | $2.1M | 99.58 | 6.58% | 264 bp | 1 |
| Apr 2025 | 3 | $48.0M | 98.68 | 6.80% | 292 bp | 2 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 1 added, 0 cut, 0 new holders and 1 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Holbrook Income Fund Two Roads Shared Trust | 2026-07-31 | $92.1M | $91.6M | $45.6M |
| First American Multi-Manager Fixed-Income Fund PFM Multi-Manager Series Trust | 2026-06-30 | $680K | $678K | $0 |
| Holbrook Total Return Fund Two Roads Shared Trust | 2026-07-31 | $470K | $466K | $0 |
| Man Active Income ETF Man ETF Series Trust | 2026-05-31 | $0 | $0 | -$700K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Man Active Income ETF ($700K).
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 263 bp spread prices in about 4.4% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in FDUS's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 11 | $52.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 130 | $161.5M | 2 | $698K | 3 | $2.3M | 0 |
| 2026-03-31 | 139 | $158.3M | 2 | $319K | 3 | $742K | 0 |
| 2025-12-31 | 145 | $174.4M | 2 | $270K | 4 | $1.2M | 0 |
| 2025-09-30 | 126 | $174.0M | 2 | $292K | 3 | $975K | 0 |
| 2025-06-30 | 119 | $165.3M | 3 | $244K | 4 | $1.0M | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.