XAI CLO & Income Opportunities Fund (OCTIX)
| Fund Assets | n/a |
| Expense Ratio | 2.18% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.96 |
| Dividend Yield | 8.17% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 24.02 |
| YTD Return | 1.13% |
| 1-Year Return | 3.73% |
| 5-Year Return | n/a |
| 52-Week Low | 23.21 |
| 52-Week High | 25.32 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About OCTIX
The Octagon XAI CLO Income Fund Class I is a continuously offered, closed-end interval fund in the alternative credit category. Its primary function is to provide high income and total return by investing at least 80% of its assets in securities issued by collateralized loan obligation (CLO) entities, with a focus on CLO debt tranches (rated BB and above) and up to 20% in CLO equity. Monthly distributions are a hallmark, with quarterly repurchase options to provide limited liquidity for investors. The fund is chiefly managed by XA Investments LLC and sub-advised by Octagon Credit Investors, LLC, a seasoned CLO manager with a robust credit selection and risk management process. Designed to capitalize on the incremental yields of CLO debt—typically floating rate and featuring lower historical default rates than comparable corporate bonds—the fund targets a diversified credit portfolio with low correlations to traditional investment-grade credit and equities. By employing fundamental credit analysis and opportunistic portfolio management, the fund plays a distinctive role in offering individuals access to institutional-caliber CLO strategies, aiming for attractive risk-adjusted returns within the evolving landscape of structured credit investments.
Performance
OCTIX had a total return of 3.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.49%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.13774 | Jul 1, 2026 |
| May 29, 2026 | $0.15918 | Jun 1, 2026 |
| Apr 30, 2026 | $0.14926 | May 1, 2026 |
| Mar 31, 2026 | $0.15469 | Apr 1, 2026 |
| Feb 27, 2026 | $0.15031 | Mar 3, 2026 |
| Jan 30, 2026 | $0.14834 | Feb 2, 2026 |