Welcome to our dedicated page for Phenixfin SEC filings (Ticker: PFXNZ), 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.
The PhenixFIN Corporation 5.25% Notes due 2028 (PFXNZ) SEC filings page provides access to regulatory documents filed by PhenixFIN Corporation that relate to its financial condition, capital structure and reporting obligations. PhenixFIN is a non-diversified, internally managed closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended, and to be treated as a regulated investment company for U.S. federal income tax purposes.
Through its periodic reports, PhenixFIN discloses consolidated statements of assets and liabilities and consolidated statements of operations that describe total assets, total liabilities, net assets and net asset value (NAV) per common share. Within these filings, the company presents its credit facility and notes payable, which include the 5.25% unsecured notes due 2028, net of debt issuance costs. Liquidity and capital resources sections in related earnings materials specify the aggregate principal amount of the 5.25% notes outstanding and the amount drawn on the credit facility at each reporting date.
Current reports on Form 8-K also appear in this filing set. For example, a Form 8-K dated August 6, 2025 notes that PhenixFIN issued a press release announcing financial results for the quarter ended June 30, 2025, and includes that release as an exhibit. Such filings help investors track how the company reports results that affect its asset base, leverage and overall financial profile, which are important considerations for holders of the 5.25% Notes due 2028.
On Stock Titan, AI-powered tools summarize key elements of these SEC filings, helping readers quickly identify how PhenixFIN describes its investment income, expenses, realized and unrealized gains and losses, NAV, and capital resources, including the role of the PFXNZ notes in its capital structure.
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.
Insider purchases of PhenixFIN Corp common stock reported by director Lowell W. Robinson. The filing discloses two open-market purchases totaling 130 shares at weighted-average prices of $48.09 and $48.26, increasing the reporting person’s beneficial ownership to 3,000 shares. Each reported price reflects multiple transactions within specified price ranges.
The disclosure is limited to these non-derivative purchases and includes undertakings to provide detailed per-transaction price breakdowns on request. No options, disposals, or other material changes to ownership form are reported.
Insider purchases of PhenixFIN common stock by Director Lowell W. Robinson. The Form 4 shows Mr. Robinson bought 250 shares on 09/09/2025 at a weighted average price of $48.17 and 34 shares on 09/10/2025 at $48.05. After these transactions he beneficially owns 2,608 shares. The filing notes the $48.17 figure is a weighted average for multiple executions between $48.15 and $48.20 and offers to provide detailed per-trade quantities on request. The report was signed by the reporting person on 09/11/2025.
Lowell W. Robinson, a director of PhenixFIN Corporation (ticker: PFX), reported purchases of the issuer's common stock across two transactions. The Form 4 shows a purchase of 100 shares on 09/03/2025 at a weighted average price of $48.23 (prices ranged $48.00–$48.75) and a purchase of 49 shares on 09/05/2025 at $48.15. After the second transaction the reporting person beneficially owned 2,324 shares. The transactions were direct purchases of common stock and the filer offered to provide, upon request, full breakdowns of the number of shares bought at each price within the disclosed range.
David A. Lorber, Chairman and CEO of PhenixFIN Corporation (ticker PFX), reported multiple purchases of the issuer's common stock in early September 2025 and filed a Form 4 on 09/05/2025. The filings show purchases of 200 shares on 09/03/2025 at a weighted-average price of $47.83, 300 shares on 09/04/2025 at a weighted-average price of $48.41, and 100 shares on 09/05/2025 at $48.93. Following these transactions Mr. Lorber directly beneficially owned 143,745 shares. The Form also reports 3,378 shares held by his spouse and 81,662.416 shares owned directly by FrontFour Master Fund, Ltd., of which Mr. Lorber disclaims beneficial ownership except to the extent of any pecuniary interest.