The effects of functional group position on the phase behavior of discotic mesogens was examined for a series of dibenzophenazine derivatives bearing a carboxylic acid, methyl carboxylate, or nitro group. In all cases, changing the position of the group from the "top" to the "side" of the aromatic core led to dramatic differences in the phase behavior, both in terms of the stability of the liquid crystalline phases as well as the types of mesophases; formed. For the non-hydrogen bonding ester and nitro derivatives, moving the substituent to the side of the core led to a lowering of the clearing temperatures or loss of liquid crystallinity. Carboxylic acid derivatives exhibit broad mesophases irrespective of the position of the acid group, but mesogens bearing this group on the side of the core exclusively form COl(h) phases, whereas those with an acid group on the top of the core exhibit more varied mesomorphism, with the formation of Col(h), Col(r), and nematic phases. Contrary to expectations, the presence of a carboxylic acid group on the side of the core does not appear to lead to the formation of dimeric structures in the liquid crystalline phase, although the columnar structures appear to be stabilized by intermolecular hydrogen bonding along the columns. These derivatives also form pi-stacked dimers in solution; the structure of these dimers are consistent with the proposed structure of the columnar phases.