secwatch.observer — SEC 8-K summary
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Issuer:     PhenixFIN Corp (PFX)
CIK:        0001490349
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001213900-23-009499
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PhenixFIN Q1 fiscal 2023: NII $1.6M, NAV $124.7M, buyback expanded to $35M
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- Total investment income $4.7M, net investment income $1.6M, NAV $124.7M ($59.38/sh).
- Secured 3-year $50M credit facility with Woodforest National Bank (SOFR+2.90%).
- Redeemed $22.5M 6.125% unsecured notes due 2023 on Jan 17, 2023.
- Board expanded repurchase program to $35M (from $25M); 627,137 shares repurchased since inception.
- Weighted average yield on debt investments 11.3%; 43 portfolio cos, 5 on non-accrual ($5.4M FMV).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490349/000121390023009499/0001213900-23-009499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490349/000121390023009499/ea172995-8k_phenixfincorp.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-009499

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer