PhenixFIN Q3 net asset value per share rises
PFX•Outlook
- Company did not provide specific guidance for the current or upcoming periods
Overview
- U.S. business development company reported fiscal Q3 investment income of $6.5 million, net investment income of $2.1 million
- Net asset value per share rose to $81.69 from $79.56 last quarter
- Company paid a special dividend of $0.07 per share during the quarter
Result drivers
- Portfolio credit quality - Company said credit quality across its portfolio remained resilient amid macroeconomic volatility
- Private credit opportunities - Company continued to source private credit opportunities, according to CEO David Lorber
Key details
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q3 Net Asset Value | $157.9 million |
