PhenixFIN Corporation is an internally managed non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation. It seeks to achieve this objective primarily through making loans, private equity investments in privately held companies. It may also make debt, equity or other investments in publicly traded companies. These investments may also include investments in other BDCs, closed-end funds or real estate investment trusts (REITs). It also pursues other strategic opportunities and invests in other assets or operates other businesses to achieve its investment objective, such as operating and managing an asset-based lending business. The portfolio generally consists of senior secured first-lien-term loans, senior secured second-lien-term loans, senior secured bonds, preferred equity and common equity. Its loan and other debt investments are primarily rated below investment grade or are unrated.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 472.32% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 36.07M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 14.21%.
Fairly Valued
The company’s latest PB is 0.62, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 980.60K shares, decreasing 4.94% quarter-over-quarter.