Trend Table for PFXNZ - PhenixFIN Corporation - 5.25% Notes due 2028

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Up	7.16%
May 16	D	Weak or Absent	Up	Down	Down	8.96%
May 15	D	Weak or Absent	Up	Down	Down	8.96%
May 14	B	Weak or Absent	Up	Flat	Flat	7.69%
May 13	A	Weak or Absent	Up	Up	Up	6.64%
May 9	B	Weak or Absent	Up	Up	Up	7.60%
May 8	A	Weak or Absent	Up	Up	Up	7.60%
May 7	A	Weak or Absent	Up	Flat	Flat	8.08%
May 6	A	Weak or Absent	Up	Flat	Flat	8.23%
May 3	A	Weak or Absent	Up	Flat	Flat	7.84%