XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
| Market Value | 322.86M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 58.38M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.98 (17.72%) |
| Ex-Dividend Date | Apr 15, 2025 |
| Volume | 286,440 |
| Open | 5.57 |
| Previous Close | 5.46 |
| Day's Range | 5.50 - 5.57 |
| 52-Week Range | 4.76 - 7.30 |
| Beta | 0.49 |
| 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
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...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share
CHICAGO, April 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 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 ...
XAI Madison Equity Premium Income Fund Declares its Quarterly Distribution of $0.18 per Share – Fund to Change Distribution Frequency
CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund” or “MCN”) has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares,...
5 Best CEFs This Month: Average Yield Of 10% (February 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, ...
XAI Octagon Floating Rate & Alternative Income Trust Will Host Q4 2024 Quarterly Webinar on March 5, 2024
CHICAGO, Feb. 20, 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 March ...
XFLT And EIC: Double-Digit Yields To Boost Your Income
XFLT and EIC are high-yielding, leveraged closed-end funds focused on CLOs, offering double-digit yields, but these can come with higher risks and volatility. XFLT combines CLO exposure with senior se...
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity an...
XFLT: Attractive At This Discount (Rating Upgrade)
The XAI Octagon Floating Rate & Alternative Income Trust is a high-yield, high-risk closed-end fund primarily invested in senior secured debt and CLO equity. XFLT offers a high yield of 14%, but has s...
XAI Madison Equity Premium Income Fund Will Host an Informational Webinar on February 4, 2025
CHICAGO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host a webinar on February 4, 2025, at 11:00 am (Eastern Tim...
XFLT: Rare Setup For 14.3% Yielder
XFLT's total returns have been disappointing since we first starting covering it. The fund has grown significantly through new share issuance, and leverage remains high, posing risks in today's market...
XFLT: Could Start To See The Dividend Consistently Reduced (Rating Downgrade)
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) faces challenges due to interest rate cuts, which will reduce net investment income and reduce the dividend payouts. XFLT's strategy focuses...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend
CHICAGO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share of the Trust's common sh...
5 Best CEFs This Month For 9% Yield (December 2024)
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, ...