PhenixFIN Posts $6.7M Q1 Investment Income, NAV at $77.92
PhenixFIN reported $6.7M in total investment income and $2.1M net investment income for Q1 2026, with NAV of $155.8M, or $77.92 per share, as of December 31, 2025. The company posted a 12.52% weighted average yield on debt assets but recognized a $0.7M realized gain and a $7.2M unrealized loss.
1. First Quarter Financial Results
In the first quarter ended December 31, 2025, PhenixFIN generated total investment income of $6.7 million and net investment income of $2.1 million. Net asset value stood at $155.8 million, translating to $77.92 per share.
2. Portfolio Yield and Valuation
The firm achieved a 12.52% weighted average yield on debt and income‐producing investments. It recorded a $0.7 million realized gain against a $7.2 million unrealized loss due to mark‐to‐market declines in certain equity positions.
3. Liquidity and Capital Structure
As of December 31, 2025, cash and cash equivalents totaled $3.4 million. The company had $57.5 million of 5.25% unsecured notes due 2028 and $90.0 million outstanding under its credit facility.