XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
| Market Value | 402.27M |
| 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 | $1.02 (14.80%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 400,234 |
| Open | 6.90 |
| Previous Close | 6.90 |
| Day's Range | 6.86 - 6.91 |
| 52-Week Range | 6.53 - 7.76 |
| Beta | 0.76 |
| 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
CEF Weekly Review: Few Opportunities This Tax-Loss Season
We review the CEF market valuation and performance through the second week of November and highlight recent market action. CEFs had a strong week, with MLPs and Equity-linked sectors leading. Tax-loss...
XFLT: Floating Rate Debt Is Now At 16% Yield
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 16% yield driven by floating...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE: XFLT)...
5 Best CEFs This Month For 9.5% Yield (October 2024)
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 generall...
XA Investments Non-Listed Closed End Funds Third Quarter 2024 Market Update
CHICAGO--(BUSINESS WIRE)--XA Investments LLC (“XAI”), an alternative investment management and consulting firm, has released its Non-Listed Closed-End Funds Third Quarter 2024 Market Update covering c...
A Fat 15% Yield With Monthly Income For My Retirement Portfolio: XFLT
The more secure your income stream in retirement, the fewer stress points you'll experience. I drive multiple tent pegs into the ground to secure my retirement plans with outstanding income. Solve you...
Betting On Corporate America To 'Muddle Through' Whatever Lies Ahead
Credit investing is like betting on horses to merely survive the race and make it around the track. Equity investing is like betting on horses to win, place or show. Credit bets are a lot easier to wi...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE: XFLT)...
5 Best CEFs This Month For 9% Plus Yield (September 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, ...
XFLT Strongly Beats Loan And Bond Funds, Yields 15%
Stop using weaker passive peers and unlock higher returns and income from actively managed funds. XAI Octagon Floating Rate & Alternative Income Trust offers income to the tune of 15% paid in monthly ...
Interval Fund Expert Paul Dunn to Join XA Investments Senior Advisor Team
CHICAGO--(BUSINESS WIRE)--XA Investments LLC (“XAI”), a Chicago-based alternative investment management and consulting firm, has welcomed Paul Dunn as a Senior Advisor. After a successful investment m...
XAI Octagon Floating Rate & Alternative Income Trust Will Host Q2 2024 Quarterly Webinar on August 29, 2024
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust's Quarterly Webinar on August 29, 2024 at 11:0...
XFLT: Interest Rate Cuts May Be A Positive Growth Catalyst
XAI Octagon Floating Rate & Alternative Income Trust provides diverse exposure to varying debt investments to below-investment-grade borrowers. XFLT has a high dividend yield of 14.9% and can be a val...
Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks
Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Te...
XA Investments to Become Investment Adviser to Madison Investments Closed-End Fund and Will Retain Madison Investments as Portfolio Manager
CHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- XA Investments (XAI), an alternative investment management and consulting firm, announced the pending transaction, by which XAI will become investment advise...
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations und...
Farming For Income With 14.3% Yield: XFLT
I'm continuously building an income-producing farm with high-quality investments. I utilize hired hands and CEF portfolio managers to boost the output of my income farm. I don't believe in eating seed...
CEF Report | May 2024 | Activism Is Heating Up
Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Se...
XFLT: 14.3% Income Yield Continues To Flow
XAI Octagon Floating Rate & Alternative Income Trust continues to generate a high yield for income-focused investors as the yield comes in around 14.3%. The fund is on track to deliver higher net inve...
Kevin Davis Joins XA Investments as Head of Sales & Distribution
CHICAGO--(BUSINESS WIRE)--XA Investments LLC (“XAI”), a Chicago-based alternative investment management and consulting firm, today announced that Kevin Davis, CFP®, has joined XAI as a Managing Direct...
XAI Octagon Floating Rate & Alternative Income Trust Announces Agreement for Private Placement of Convertible Preferred Shares
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek ...
XFLT.PR.A: With The Shares Close To Par, This Is A Hold Now (Rating Downgrade)
XFLT.PR.A term preferred shares have been downgraded to Hold due to the security trading close to par and tight overall spreads in the credit markets. The current yield of the preferred shares is too ...
Why I Continue To Fade XFLT's Juicy 14.01% Distribution Rate
XAI Octagon Floating Rate & Alternative Income Trust is a closed-end fund that focuses on income generation through investing in private credit. The fund trades at a 4.9% premium to net asset value an...
XAI Octagon Floating Rate & Alternative Income Trust Will Host Q1 2024 Quarterly Webinar on May 30, 2024
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust's Quarterly Webinar on May 30, 2024 at 11:00 a...
5 Best CEFs This Month For A 10% Yield (May 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, ...