PhenixFIN Corporation Announces Fiscal Second Quarter 2025 Financial Results

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[{"type":"text","content":"NAV per share of $78.72 taking into account special dividend of $1.43 per share paid February 19, 2025","length":102,"tagName":"p"},{"type":"text","content":"NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal second quarter for its year ending September 30, 2025.","length":258,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Second quarter total investment income of $6.0 million; net investment income of $1.0 million","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"Net asset value (NAV) of $159 million, or $78.72 per share as of March 31, 2025","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"On February 6, 2025, the Board declared a special dividend of $1.43 per share paid on February 19, 2025, to stockholders of record as of February 17, 2025","length":154,"tagName":"p"}]},{"val":[{"type":"text","content":"Weighted average yield was 11.82% on debt and other income producing investments","length":80,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":406,"olType":false},{"type":"text","content":"“In light of the broader market volatility we are pleased with another solid quarter,” stated David Lorber, Chief Executive Officer. “Also, on April 17th we closed on an extension and successful upsize of our credit facility to April 17, 2030 and $100 million, respectively. In addition, expecting reduced overall interest expense savings with our facility funding costs declining to SOFR+250 from SOFR+290. This comes at a great time given the robust opportunity set we see in the current market environment.”","length":510,"tagName":"p"},{"type":"text","content":"Selected Second Quarter 2025 Financial Results for the Quarter Ended March 31, 2025:","length":84,"tagName":"p"},{"type":"text","content":"Total investment income was $6.0 million of which $5.9 million was attributable to portfolio interest and dividend income, and $0.1 million was attributable to fee and other income.","length":181,"tagName":"p"},{"type":"text","content":"Total net expenses were $5.0 million and total net investment income was $1.0 million.","length":86,"tagName":"p"},{"type":"text","con...

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