Octagon Xai Clo Income Fund (OCTAX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 2.16 |
| Dividend Yield | 8.83% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 24.41 |
| YTD Return | -0.41% |
| 1-Year Return | 3.31% |
| 5-Year Return | n/a |
| 52-Week Low | 22.38 |
| 52-Week High | 24.72 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About OCTAX
Octagon XAI CLO Income Fund Class A is a continuously offered closed-end interval fund specializing in alternative credit. The fund’s primary objective is to provide high income and total return by investing at least 80% of its assets in securities issued by collateralized loan obligation entities, commonly known as CLOs. These securities include CLO debt tranches, which benefit from floating-rate income typically linked to SOFR, offering the potential for lower duration risk compared to similar fixed-income investments. Up to 20% of the portfolio may be allocated to CLO equity and other debt instruments such as senior loans and corporate debt. This approach delivers attractive yields and portfolio diversification, as CLO debt has historically shown low default rates and low correlations to investment-grade credit and equities. Managed by XA Investments LLC as adviser and Octagon Credit Investors, LLC as sub-adviser, the fund distributes income monthly and accepts new investments daily, allowing investors access to institutional-grade credit assets with quarterly liquidity options. The fund plays a specialized role in the market by connecting individual investors to the structured credit and syndicated loan environment typically dominated by institutional players.
Performance
OCTAX had a total return of 3.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.12%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.14098 | Feb 2, 2026 |
| Dec 30, 2025 | $0.16049 | Dec 31, 2025 |
| Nov 28, 2025 | $0.15284 | Dec 1, 2025 |
| Oct 31, 2025 | $0.158 | Nov 3, 2025 |
| Sep 30, 2025 | $0.1595 | Oct 1, 2025 |
| Aug 29, 2025 | $0.166 | Sep 3, 2025 |