XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
| Market Value | 424.74M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 76.12M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.96 (17.18%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 1,129 |
| Open | 5.58 |
| Previous Close | 5.57 |
| Day's Range | 5.56 - 5.58 |
| 52-Week Range | 4.76 - 7.16 |
| Beta | 0.47 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About XFLT
XAI Octagon Floating Rate & Alternative Income Trust is headquartered in Chicago, Illinois. [Read more]
News
XFLT: Valuation Remains Attractive For This 14.6%-Yielding Loan/CLO CEF
XFLT offers a 14.6% yield and trades at a 5.4% discount, with a portfolio split between loans and CLO equity. Distribution coverage is around 90% due to falling loan spreads and lower short-term rates...
CEF Weekly Review: Loan CEF Valuations Deflating With Rates
We review the CEF market valuation and performance through the first week of June and highlight recent market action. Loan CEF valuations have underperformed as Fed rate cuts led to distribution reduc...
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Q1 2025 Earnings Call Transcript
XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) Q1 2025 Earnings Conference Call June 4, 2025 12:00 PM ET
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.070 per Share
CHICAGO, June 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.070 per share on the Trust's common sh...
XFLT: The Fear Of Defaults May Suppress Valuations
I maintain a hold rating on XFLT due to ongoing macroeconomic risks and elevated interest rates impacting credit quality and fund performance. XFLT offers a high 16.1% yield and trades at a 4.5% disco...
XAI Octagon Floating Rate & Alternative Income Trust Will Host its Q1 2025 Quarterly Webinar on June 4, 2025
CHICAGO, May 27, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust's Quarterly Webinar on June 4,...
5 Best CEFs This Month For Yields Up To 14% (May 2025)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs, are general...
XFLT Vs. OCCI: Which Double-Digit Yielding Fund Is The Better Buy?
XFLT and OCCI are high-yield, CLO-focused closed-end funds, but XFLT offers a safer portfolio with more senior secured loans. OCCI carries higher risk and volatility due to its heavy allocation to CLO...
XFLT.PR.A: Nothing Wrong With Boring
XFLT.PR.A is considered a potentially optimal, albeit unexciting, investment in the current macro environment due to its stability, characterized by low drawdowns even in volatile periods like April 2...
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trade...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share
CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share on the Trust's common sha...
5 Best CEFs This Month For Yields Up To 15% (April 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
XA Investments Finds Strong Start to 2025 in Fund Launches and Asset Gathering Among Non-Listed Closed End Funds in its First Quarter 2025 Market Update
CHICAGO, April 23, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), an alternative investment management and consulting firm, announced today that its Non-Listed Closed-End Funds First Quarter 202...
Word Of The Week: 'Capitulation'
Concerns about "capitulation" seem more appropriate to equity than to credit investing, given the wider swings - up and down - inherent in stocks. Credit investing has more of a floor under the risk w...
Why Tariffs Make XFLT A Strong Sell Now
I shifted to a strong sell rating on XAI Octagon Floating Rate & Alternatives Income Trust due to recent tariff announcements and their potential negative impact. The fund's heavy leverage and signifi...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Quarterly Preferred Shares Dividend
CHICAGO, April 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its preferred dividends for the quarter of $0.40625 per share of the Trust's...
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha du...
5 Best CEFs This Month For Yields Up To 14%
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
CEF Weekly Review: Fixed-Income CEF Coverage Rises Modestly
We review the CEF market valuation and performance through the second week of March and highlight recent market action. CEFs faced pressure from rising credit spreads and lower stocks, with most secto...
Should You Invest $100,000 In Today's Market?
The market is experiencing a correction, with a potential bear market looming, making gradual investment over 3-6 months advisable for long-term investors. Understanding personal risk tolerance is cru...
Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred of...
4 Closed-End Fund Buys (And A Sell) In The Month Of February 2025
The tech-heavy Nasdaq started to dip toward the end of February, but a strong last trading day of the month rally clawed back some of those losses. The equal-weighted S&P 500, as measured by the Inves...
Bear Market? Collect 15% And Avoid Common Equity: XFLT
The recent market swings have many searching for a safer place to moor their portfolios. Default rates remain exceptionally low, but having a skill management team adapt to markets is important. Colle...
CEF Distribution Coverage: What To Worry About And What Not To Worry About
Closed-end funds are ideal for investors prioritizing steady cash income over capital gains, benefiting from buying at discounts and institutional leverage terms. Distribution "coverage" is critical. ...
Credit Spreads Widen, Opportunity Closes: Time To Exit XFLT
XAI Octagon Floating Rate & Alternative Income Trust offers a high 14.55% distribution rate but involves significant risks due to its leverage and CLO equity exposure. XFLT trades at a 0% discount to ...