PhenixFINPFX
PFX
About: PhenixFIN Corp is a non-diversified closed end management investment company operating in United States. Its investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies to expand their business, refinance and make acquisitions. It mainly invests in senior secured first lien term loans, senior secured second lien term loans, unitranche, senior secured first lien notes, subordinated notes and warrants and minority equity securities. It may also invest in securities of foreign companies. Portfolio of the company mainly consists of securities across all sectors. Revenue generated by the company comprises of interest income, dividend and other income earned through investments made.
Employees: 6
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
12% more capital invested
Capital invested by funds: $25.6M [Q3] → $28.6M (+$2.99M) [Q4]
5% more funds holding
Funds holding: 19 [Q3] → 20 (+1) [Q4]
1.85% more ownership
Funds ownership: 34.84% [Q3] → 36.69% (+1.85%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PFX.
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Select PhenixFIN Corporation's Insurance Subsidiaries; Maintains Under Review with Negative Implications Status for National Security Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb” (Fair) of National Security Fire and Casualty Company (NSFC). AM Best also has removed from under review with negative implications and affirmed the FSR of B- (Fair) and the Long-Term ICR of “bb-” (Fair) of Omega One Insurance Company, Inc. (Omega). The outlook assigned to thes.
Positive
Seeking Alpha
1 month ago
Yield Hunting Part 12: Close To 8% YTM With PhenixFIN And Its Baby Bond PFXNZ
Our focus shifts to smaller BDC companies, specifically PhenixFIN Corporation, emphasizing its internally managed structure and diversified portfolio of senior secured loans and equity. PFXNZ bond offers a current yield of 5.68% and a yield to maturity of 7.96%, trading below par value, presenting an attractive investment opportunity. PFX boasts a decent credit rating with a final score of 8.5 (Baa2 equivalent), reflecting strong asset quality, profitability, and financial flexibility.
Positive
Zacks Investment Research
1 month ago
Can PhenixFIN (PFX) Run Higher on Rising Earnings Estimates?
PhenixFIN (PFX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Positive
Zacks Investment Research
1 month ago
PhenixFIN (PFX) Upgraded to Strong Buy: What Does It Mean for the Stock?
PhenixFIN (PFX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
PhenixFIN (PFX) Q1 Earnings and Revenues Beat Estimates
PhenixFIN (PFX) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.83 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
PhenixFIN Corporation Announces Fiscal First Quarter 2025 Financial Results
NAV per share $80.59 NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal first quarter for its year ending September 30, 2025. Highlights First quarter total investment income of $6.2 million; net investment income of $1.6 million Net asset value (NAV) of $162.8 million, or $80.59 per share as of December 31, 2024 Weighted average yield was 13.3% on debt and other income producing investments On October 1, 2024, the Company completed the merger and reorganization of The National Security Group, Inc. (“NSG”) an Alabama based insurance holding company On February 6, 2025, the Board declared a special dividend of $1.43 per share to be paid on February 18, 2025, to stockholders of record as of February 17, 2025.
Neutral
Seeking Alpha
3 months ago
BDC Weekly Review: Private Credit Will Be $40 Trillion In 5 Years, Says Apollo
BDC Weekly Review: Private Credit Will Be $40 Trillion In 5 Years, Says Apollo
Negative
Zacks Investment Research
3 months ago
PhenixFIN (PFX) Lags Q4 Earnings and Revenue Estimates
PhenixFIN (PFX) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.90 per share a year ago.
Neutral
Business Wire
4 months ago
Brightwood and PhenixFIN Provide Senior Secured Credit Facility and Preferred Equity Facility to Support the Refinancing of MB Precision Investment Holdings LLC
NEW YORK--(BUSINESS WIRE)--Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm, and PhenixFIN Corporation (“PhenixFIN”), a publicly traded business development company (NASDAQ: PFX), today announced that they have partnered with Insight Equity (“Insight”) to provide a senior secured credit facility and preferred equity facility to support the refinancing of MB Precision Investment Holdings LLC (“Precision” or the “Company”) d/b/a Midstate Machine. Jim Ashton, former Chairman.
Positive
Seeking Alpha
5 months ago
BDC Weekly Review: Private Lenders Want To Democratize Access
We take a look at the action in business development companies through the first week of October and highlight some of the key themes we are watching. BDCs saw a modest 0.5% return this week, with MSDL and OBDE leading the way. Private lenders are exploring ETFs to tap retail demand.
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