PFX News and Press, Phoenix Companies Inc. Companies Inc 7.45% Pfd From 12/16/22

NEW YORK, Dec. 16, 2022 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal fourth quarter of 2022. Highlights Fourth quarter total investment income was $5.1 ...

PhenixFIN press release ( NASDAQ: PFX ): FQ3 GAAP EPS of -$4.19; NII per share of $0.09. Total Investment Income of $3.7M (-57.4% Y/Y) beats by $0.15M . Net asset value of $129.1M, or $58.74 per share as of June 30, 2022, vs. $57.08 per share as of September 3...

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal third quarter of 2022. Highlights During the third quarter total investment i...

PhenixFIN press release (NASDAQ:PFX): FQ2 GAAP EPS of $1.24; NII per share of $0.48. Total Investment Income of $3.66M (-43.3% Y/Y). Net asset value of $138.9 million, or $62.94 per share as of March 31, 2022, vs. $57.08 per share as of September 30, 2021. NAV per share has increased 18....

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal second quarter of 2022. Highlights During the second quarter, total investment...

Business Development Companies ("BDCs") are among the highest yielding asset classes available today. BDCs are simple businesses at their core, but fully understanding and properly measuring their activities requires expertise. This piece has been in the making for a long time and...

Interest rates are finally starting to rise and this article discusses a sector that will benefit. HTGC is currently yielding 11.2% and higher interest rates will likely drive improved margins and dividend increases. More importantly, BDC pricing will likely head higher before add...

SLRC and SUNS are among the worst-performing BDCs over the last two years, mostly related to lower dividend coverage and declining NAV per share. Also, SUNS stock price has declined by around 10% to 15% since the merger was announced for the reasons discussed in this article. This...

BDCs continue to outperform in an inflationary and rising interest rate environment as investors prepare for higher rates that are accretive to BDC earnings to support higher dividends. Many equity REITs and most mortgage REITs have had negative stock price performance over the last 2...

PhenixFIN press release (NASDAQ:PFX): FQ1 NII of $0.08 beats by $0.12. Total Investment Income of $3.13M (-75.5% Y/Y) beats by $0.21M. For further details see: PhenixFIN NII of $0.08 beats by $0.12, Total Investment Income of $3.13M beats by $0.21M