XAI Octagon Floating Rate & Alternative Income Trust (XFLT)

NYSE: XFLT · Real-Time Price · USD
6.81
-0.04 (-0.58%)
Dec 9, 2024, 4:00 PM EST - Market closed
-0.58%
Market Value 397.59M
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 (13.57%)
Ex-Dividend Date Dec 16, 2024
Volume 525,199
Open 6.85
Previous Close 6.85
Day's Range 6.81 - 6.86
52-Week Range 6.53 - 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]

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

News

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 ...

Other symbols: ASGICLMECCSRV
3 days ago - Seeking Alpha

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...

4 days ago - Seeking Alpha

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)...

7 days ago - Business Wire

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, ...

Other symbols: ADXBGHCSQCVXEPDGAMHQL
15 days ago - Seeking Alpha

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:...

18 days ago - Business Wire

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...

Other symbols: SPMC
23 days ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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 weeks ago - Business Wire

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...

Other symbols: ADXBGHBSTCSQETYGGNHQL
6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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...

Other symbols: ARDCCCIFKIOSPYVVR
7 weeks ago - Seeking Alpha

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)...

2 months ago - Business Wire

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, ...

Other symbols: ADXBANXCOPCSQCVXEOGEOI
2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

Other symbols: AGNCECCEFCELESEAETFSK
3 months ago - Seeking Alpha

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...

Other symbols: MCN
5 months ago - GlobeNewsWire

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...

Other symbols: CCIFECCEICOCCIOXLC
5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire