Welcome to our dedicated page for Phenixfin SEC filings (Ticker: PFX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to PhenixFIN Corporation’s (NASDAQ: PFX) SEC filings, offering a detailed view of the company’s financial reporting and regulatory disclosures as a non-diversified, internally managed business development company. PhenixFIN files annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with exhibits such as press releases that summarize financial results and material events.
In these filings, investors can review consolidated statements of assets and liabilities, which detail investments at fair value across non-controlled, non-affiliated, affiliated and controlled categories, as well as cash and cash equivalents, receivables, deferred tax assets, deferred financing costs, credit facility and notes payable, and other liabilities. The statements of operations disclose total investment income, including interest income, dividend income, fee income and other income, along with expenses such as interest and financing costs, salaries and benefits, professional fees, general and administrative expenses, directors’ fees, insurance expenses and administrator expenses.
PhenixFIN’s filings also present realized and unrealized gains and losses on investments, changes in net assets resulting from operations and information about net asset value (NAV) per share. Current reports on Form 8-K may highlight specific events, such as the issuance of a press release announcing quarterly financial results, with the press release included as an exhibit.
Stock Titan’s platform supplements these documents with AI-powered summaries that explain the key points of lengthy filings, helping readers understand items like NAV movements, portfolio composition changes, non-accrual investments and leverage levels. Real-time updates from EDGAR allow users to see new 10-K, 10-Q and 8-K submissions as they are filed, and insider transaction reports on Form 4 can be accessed to monitor trading activity by directors and officers when available.
By combining the raw SEC filings with AI-generated insights, this page helps users interpret PhenixFIN’s regulatory disclosures, track its financial condition and evaluate how its investment and financing activities are reflected in its official reports.
PhenixFIN Corp received an updated ownership filing showing a shift among existing holders. David A. Lorber now beneficially owns 206,511 shares of PhenixFIN common stock, representing about 10.3% of the company’s outstanding shares, based on 1,998,259 shares outstanding as of February 9, 2026.
The change stems from a March 31, 2026 pro rata in-kind distribution by FrontFour Master Fund, Ltd. of its 81,662.416 PhenixFIN shares to its investors, including 56,537 shares received by Lorber in his capacity as an investor. Following this distribution, FrontFour Master Fund and its investment manager, FrontFour Capital Group LLC, report no beneficial ownership of PhenixFIN stock, while Lorber holds 203,133 shares directly and shares voting and dispositive power over 3,378 shares held in his spouse’s IRA.
PhenixFIN Corporation reported the results of its Annual Meeting of Stockholders held on March 20, 2026, where stockholders approved all three proposals presented. Two directors, Karen Hirtler-Garvey and Lowell W. Robinson, were elected for three-year terms.
Stockholders also ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending September 30, 2026, with 1,412,772 votes for. An advisory vote on executive compensation was approved, receiving 956,003 votes for, 29,980 against, and 90,616 abstentions.
PhenixFIN Corp director and ten percent owner Howard Amster reported an open-market purchase of common stock. On March 3, 2026, he bought 11,500 shares of PhenixFIN common stock at $42.56 per share, bringing his directly held stake to 248,248 shares.
In addition to these direct holdings, Amster is also reported as the beneficial owner of several indirect positions through charitable remainder unitrusts and Pleasant Lake Corp, where he serves as trustee or president. These indirect holdings total several thousand shares across the listed entities.
PhenixFIN Corporation reported results for the quarter ended December 31, 2025, showing higher recurring income but an overall loss driven by investment marks. Net investment income rose to $2.1 million from $1.6 million a year earlier as interest and dividend income outpaced operating expenses.
However, significant unrealized losses on portfolio holdings led to a $4.8 million decrease in net assets from operations, compared with a $2.5 million increase in the prior-year quarter. Net asset value per share declined to $77.92 from $80.24 as of September 30, 2025.
Total investments at fair value were $295.6 million, down from $302.3 million, with the portfolio concentrated in equity and warrants alongside senior secured first lien loans. Net cash used in operating and financing activities reduced cash and cash equivalents to $3.4 million, while debt outstanding under the credit facility and notes was $146.5 million.
PhenixFIN Corporation reported first fiscal quarter 2026 results for the quarter ended December 31, 2025. Total investment income was $6.7 million, driven mainly by portfolio interest and dividends, and the portfolio’s income-producing investments carried a 12.52% weighted average yield.
Net investment income was $2.1 million, but mark-to-market movements led to a $7.2 million net unrealized loss, partly offset by $0.7 million of net realized gains, producing a $4.8 million decrease in net assets from operations and earnings of $(2.38) per share. The investment portfolio had a fair value of $295.6 million across 33 companies, with one investment on non-accrual at zero fair value. Net asset value per share was $77.92 as of December 31, 2025. At that date, the company held $3.4 million in cash, $57.5 million of 5.25% unsecured notes due 2028 and $90.0 million outstanding under its credit facility.
PhenixFIN Corporation is asking stockholders to vote at its 2026 virtual annual meeting on March 20, 2026. Investors will elect two Class III directors for three-year terms, ratify KPMG LLP as auditor for the fiscal year ending September 30, 2026, and cast an advisory vote on executive compensation.
Stockholders of record at the close of business on January 23, 2026, when 2,000,560 common shares were outstanding and entitled to vote, may participate online using a 16-digit control number. The board recommends voting for all director nominees, for KPMG’s ratification, and for the executive pay program.
The proxy details board structure, independence, and committee roles, along with 2025 pay for key executives. CEO David Lorber received total compensation of $2,607,492 and CFO Ellida McMillan received $1,245,039, including long-term cash incentive payouts tied to multi-year net asset value and net investment income performance.
PhenixFIN Corp insider David A. Lorber, who serves as Chairman, CEO, director, and a 10% owner, reported open-market purchases of the company’s common stock. On 12/15/2025 he bought 100 shares at $44.33 per share, on 12/16/2025 he bought 138 shares at a weighted average price of $44.45, and on 12/17/2025 he bought 908 shares at a weighted average price of $44.74. After these transactions he directly holds 144,891 common shares. He also reports indirect ownership of 3,378 shares through his spouse’s individual retirement account and 81,662.416 shares held by FrontFour Master Fund, Ltd., which are attributed to him through his role at the fund’s investment manager.
PhenixFIN Corporation reports on its operations as an internally managed business development company focused on generating current income and capital appreciation from loans and private equity in mostly private U.S. companies.
As of September 30, 2025, the investment portfolio totaled $302,272 thousand at fair value, spread across real estate, business services, insurance and consumer sectors, with notable positions in FlexFIN’s gemstone lending business and The National Security Group. Income‑bearing investments, representing 64.8% of the portfolio, had a weighted average yield of about 12.8%, compared with 12.3% a year earlier.
The company remained within regulatory leverage limits, with asset coverage of 207.8%, and continued to qualify as a regulated investment company for tax purposes. Management highlights risks from leverage, fair‑value estimates and concentrated stakes in the jewelry lender and NSG, along with broader pressures such as rising interest rates, recession risk and capital‑markets volatility.
PhenixFIN Corporation filed a current report stating that on December 12, 2025 it issued a press release announcing its financial results for the quarter ended September 30, 2025. The company’s common stock and its 5.25% Notes due 2028 trade on The NASDAQ Global Market under the symbols PFX and PFXNZ. The press release containing the detailed quarterly results is attached as Exhibit 99.1, along with an Inline XBRL cover page as Exhibit 104.
Ellida McMillan, Chief Financial Officer of PhenixFIN Corp (PFX), reported an insider purchase. On 09/23/2025 she acquired 248 shares of PhenixFIN common stock at $47.75 per share, bringing her total beneficial ownership to 3,235 shares. The Form 4 was signed on 09/25/2025. The filing discloses only this non-derivative purchase by the reporting officer and contains no additional transactions or explanatory details.