PFXNZ

PhenixFIN Corporation operates as a publicly traded business development company (BDC) that provides debt and equity capital to small and middle-market companies in the United States. Headquartered in New York City, the company focuses on making investments in the form of secured debt, mezzanine debt, and equity securities in privately held businesses across various industries. PhenixFIN typically targets companies with revenues between $10 million and $150 million, providing financing solutions ranging from $5 million to $50 million per transaction. The company generates revenue primarily through interest income on debt investments and capital appreciation on equity holdings. As an externally managed BDC, PhenixFIN is managed by PhenixFIN Management LLC, which handles sourcing, underwriting, and portfolio management activities. The company's investment portfolio spans multiple sectors including business services, healthcare, manufacturing, and consumer products, allowing for diversification across industries and economic cycles. PhenixFIN trades on the NASDAQ exchange and operates as a regulated investment company under the Investment Company Act of 1940, which requires it to distribute substantially all of its taxable income to shareholders as dividends. The company maintains an active approach to portfolio management, regularly evaluating new investment opportunities while monitoring existing holdings to maximize returns for shareholders.