Welcome to our dedicated page for Phenixfin news (Ticker: PFX), a resource for investors and traders seeking the latest updates and insights on Phenixfin stock.
PhenixFIN Corporation (NASDAQ: PFX) is an internally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. This news page aggregates the company’s public announcements, including quarterly and annual financial results, portfolio updates and capital structure developments.
In its regular earnings releases, PhenixFIN reports total investment income, net investment income, net asset value (NAV) and weighted average yields on its debt and other income-producing investments. These updates also describe the fair value and composition of the investment portfolio, including non-controlled, non-affiliated, affiliated and controlled investments, and note the number of portfolio companies and any investments on non-accrual status at the end of each period.
News items also cover significant financing and capital management actions, such as amendments and upsizing of the company’s credit facility, outstanding balances under that facility, and details of its 5.25% unsecured notes due 2028. PhenixFIN has announced share repurchases and special cash dividends per share in several periods, and these actions are discussed alongside NAV per share trends.
In addition to financial results, PhenixFIN’s news flow includes transaction-related disclosures. Examples include the acquisition of a majority equity interest in The National Security Group, Inc., an Alabama-based insurance holding company, and participation with a partner in providing a senior secured credit facility and preferred equity facility to MB Precision Investment Holdings LLC. Together, these releases provide context on how the company applies its credit and equity investment strategy.
Investors and researchers can use this page to review historical press releases, track changes in NAV and portfolio metrics over time, and follow key developments in PhenixFIN’s investment activities, financing arrangements and corporate actions as disclosed by the company.
PhenixFIN (NASDAQ: PFX) reported first fiscal quarter 2026 results for the quarter ended December 31, 2025. Key metrics: total investment income $6.7M, net investment income $2.1M, NAV $155.8M ($77.92/share), and a weighted average yield of 12.52% on income producing investments.
The company recorded a $0.7M net realized gain and a $7.2M net unrealized loss. Portfolio fair value was $295.6M across 33 companies, with one non-accrual showing a $0.0M fair value. Liquidity included $3.4M cash, $57.5M of 5.25% notes due 2028, and $90.0M outstanding under the credit facility.
PhenixFIN (NASDAQ: PFX) reported fiscal year and Q4 2025 results for the period ending September 30, 2025.
- Fourth quarter total investment income $6.9M and net investment income $1.4M.
- NAV $160.8M, or $80.24 per share, vs. $79.37 per share a year earlier.
- Weighted average yield 12.8% on debt and other income‑producing investments at year end.
- Portfolio fair value $302.3M across 36 companies; 1 non‑accrual with fair value $0.0M.
- Liquidity included $7.3M cash, $59.2M 5.25% notes due 2028, and $90.0M drawn on the Credit Facility.
The company continued share repurchases, paid a $1.43 per share special dividend in February, and sold its First Brands position at 95.5 to protect capital.
PhenixFIN Corporation (NASDAQ: PFX), a business development company, reported its fiscal Q3 2025 results with total investment income of $6.2 million and net investment income of $1.2 million. The company's NAV stood at $157 million ($78.20 per share) as of June 30, 2025.
The company amended its credit facility to $100 million with a $50 million accordion, reducing pricing to SOFR+2.50% and extending maturity to April 2030. The investment portfolio, valued at $294.4 million, comprised 34 portfolio companies with a weighted average yield of 12.66% on debt investments.
PhenixFIN (PFX) has reported its fiscal first quarter 2025 financial results with several key achievements. The company posted total investment income of $6.2 million and net investment income of $1.6 million. The Net Asset Value (NAV) reached $162.8 million, or $80.59 per share as of December 31, 2024.
Notable highlights include a weighted average yield of 13.3% on debt and income-producing investments, and the completion of a merger with The National Security Group (NSG) on October 1, 2024. The Board has declared a special dividend of $1.43 per share, payable on February 18, 2025.
The investment portfolio's fair value totaled $300.1 million across 43 portfolio companies, with three investments on non-accrual status valued at $1.5 million. The company's liquidity position includes $7.2 million in cash, $59.2 million in unsecured notes due 2028, and $84.0 million outstanding under the Credit Facility.
PhenixFIN (PFX) reported strong fiscal year 2024 results, highlighting a 12% year-over-year growth in NAV per share from $70.75 to $79.37. The fourth quarter showed total investment income of $5.6 million and net investment income of $0.5 million. The company's investment portfolio reached $227.9 million across 41 companies, with a weighted average yield of 12.3% on debt investments.
A significant milestone was achieved with the acquisition of approximately 80% equity in The National Security Group (NSG), an Alabama-based insurance holding company, completed on October 1, 2024. The company's financial position includes $67.6 million in cash, $59.2 million in unsecured notes due 2028, and $78.1 million outstanding under the Credit Facility.
Brightwood Capital Advisors and PhenixFIN (NASDAQ: PFX) have partnered with Insight Equity to provide senior secured credit and preferred equity facilities for refinancing MB Precision Investment Holdings The company, operating as Midstate Machine, is a provider of high-precision components for aerospace, defense, and industrial sectors, with facilities in Maine, Ohio, and Arizona. Jim Ashton, former CEO of Precision Partners, will join the company's board. The refinancing aims to support Precision's growth initiatives and enhance its service offerings, though financial terms were not disclosed.
PhenixFIN (NASDAQ: PFX) announced its fiscal third quarter 2024 financial results, highlighting strong performance. Key points include:
- Total investment income of $6.2 million
- Net investment income of $2.0 million
- NAV of $154.2 million, or $76.35 per share
- Weighted average yield of 13.8% on debt and income-producing investments
- Credit Facility expanded to $87.5 million
- Special dividend of $1.31 per share paid on June 10, 2024
The company reported a 14% growth in NAV per share over the last 12 months, accounting for the special dividend distribution. CEO David Lorber noted strong credit fundamentals and increased investment activity, positioning the company for potential NAV per share growth.
PhenixFIN (NASDAQ: PFX, PFXNZ) reported a strong fiscal second quarter of 2024 with a net asset value (NAV) growth of 22% over the last 12 months. The company's total investment income was $4.7 million, with a net investment income of $0.6 million. They repurchased 40,000 shares and increased their Credit Facility to $62.5 million. The Board of Directors declared a special dividend of $1.31 per share. The fair value of the investment portfolio was $220.0 million, consisting of 41 portfolio companies.
Summary not available.