XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
| Market Value | 386.50M |
| 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 | $0.92 (13.96%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 765,787 |
| Open | 6.57 |
| Previous Close | 6.55 |
| Day's Range | 6.48 - 6.63 |
| 52-Week Range | 6.29 - 7.76 |
| Beta | 0.78 |
| 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
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...
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...
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...
XFLT.PR.A: An Attractive Security To Hold
XFLT.PR.A preferred shares offer a stable 6.4% yield unaffected by lower Fed Funds, making them an attractive hold in today's monetary easing environment. The CEF portfolio includes leveraged loans, C...
Year-End Review Of High-Yield Closed-End Funds
As a retired income investor, I focus on high-yield closed-end funds, or CEFs, for consistent monthly distributions and reinvestment discounts to grow my retirement portfolio. Significant 2024 events ...
XFLT: Distribution Trim As Rates Come Down
The XAI Octagon Floating Rate & Alternative Income Trust offers an enticingly high yield, but recently cut its monthly payout, sending the shares lower. XFLT's portfolio primarily consists of floating...
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share
CHICAGO--(BUSINESS WIRE)--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 shares (NYSE: XFLT)...
5 Best CEFs This Month For 8.5% Yield (November 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, ...
XAI Octagon Floating Rate & Alternative Income Trust Will Host Q3 2024 Quarterly Webinar on December 6, 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 December 6, 2024 at 11:...
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...