XAI Octagon Floating Rate & Alternative Income Trust (XFLT)

NYSE: XFLT · Real-Time Price · USD
5.84
-0.08 (-1.35%)
Apr 3, 2025, 12:20 PM EDT - Market open
-1.35%
Market Value 340.96M
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 $0.99 (16.96%)
Ex-Dividend Date Mar 17, 2025
Volume 369,263
Open 5.85
Previous Close 5.92
Day's Range 5.76 - 5.85
52-Week Range 5.75 - 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]

Sector Financials
Founded 2017
Country United States
Stock Exchange NYSE
Ticker Symbol XFLT
Full Company Profile

News

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...

20 hours ago - GlobeNewsWire

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...

1 day ago - GlobeNewsWire

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...

6 days ago - Seeking Alpha

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, ...

Other symbols: ADXBANXEDDEODHQLKIOPDX
11 days ago - Seeking Alpha

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...

Other symbols: PDCC
12 days ago - Seeking Alpha

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...

12 days ago - Seeking Alpha

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...

Other symbols: ECCOCCIOXLCPDCCSPMC
14 days ago - Seeking Alpha

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...

Other symbols: BMEBOEBSTZCIIDHFRSPWDI
18 days ago - Seeking Alpha

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...

19 days ago - Seeking Alpha

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. ...

25 days ago - Seeking Alpha

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 ...

27 days ago - Seeking Alpha

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,...

Other symbols: MCN
4 weeks ago - GlobeNewsWire

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, ...

5 weeks ago - Seeking Alpha

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 ...

Other symbols: MCN
5 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

Other symbols: MCN
2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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, ...

Other symbols: ADXBANXCETCOPCVXDNPEOG
3 months ago - Seeking Alpha

Don't Let Your Savings Melt, Earn 21% Yields Now

Collecting 21% is risky, right? Not if you understand what you're buying and how it works. Take time to learn. Time is the only commodity that you can never buy more of – use it wisely. I make my port...

Other symbols: OXLC
3 months ago - Seeking Alpha

Three Buys In This Fed-Fueled Sell Off

The Fed's revised guidance for only two rate cuts in 2025 caused market panic, despite a current rate cut to 4.25-4.5%. Floating rate instruments like CLOs remain attractive due to their high-yield an...

Other symbols: ECCEICJAAAJBBBOXLC
3 months ago - Seeking Alpha

XAI Octagon Floating Rate & Alternative Income Trust Makes Sense As Tactical Year-End Buy

XAI Octagon Floating Rate & Alternative Income Trust trades at a premium due to high monthly distributions, but recently cut its distribution yield to 13.71%. Despite skepticism about long-term sustai...

4 months ago - Seeking Alpha