PhenixFIN posts Q1 total investment income of $6.7 mln

Overview

• Business development company reported fiscal Q1 investment income of $6.7 mln

• Company's net asset value stands at $155.8 mln as of Dec. 31, 2025

• Fiscal Q1 net unrealized loss of $7.2 mln due to equity position declines

Outlook

• Company expects U.S. fundamentals to improve throughout 2026

• PhenixFIN anticipates a supportive rate environment in 2026

Result Drivers

• INVESTMENT INCOME - Co generated $6.7 mln in total investment income, supported by a 12.52% weighted average yield on income-producing investments

• EQUITY POSITION DECLINES - Mark-to-market declines in certain equity positions impacted results, despite a generally favorable economic backdrop

• U.S. FOCUS - Portfolio concentrated on U.S. companies, with expectations of improved fundamentals in 2026 due to supportive policy environment

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "hold"

• The average consensus recommendation for the closed end funds peer group is "hold"

• The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nGNX24cq8M

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.