XFLT

XAI Octagon Floating Rate and Alternative Income Trust
XFLT

$6.77

0.44%

Market Cap: $395M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

92% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 13

13% more capital invested

Capital invested by funds: $26.2M [Q1] → $29.6M (+$3.43M) [Q2]

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

2% more funds holding

Funds holding: 57 [Q1] → 58 (+1) [Q2]

0.16% more ownership

Funds ownership: 7.03% [Q1] → 7.18% (+0.16%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for XFLT.

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Financial journalist opinion

Based on 4 articles about XFLT published over the past 30 days

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 distributions. Get cash, and use it as you desire!

XFLT Strongly Beats Loan And Bond Funds, Yields 15%

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), payable on October 1, 2024, to common shareholders of record as of September 17, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date Septem.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

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 11:00 am (Eastern Time). Kevin Davis, Managing Director at XA Investments (“XAI”) will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvest.

XAI Octagon Floating Rate & Alternative Income Trust Will Host Q2 2024 Quarterly Webinar on August 29, 2024

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 valuable income producer. Net investment continues to support the distribution. Future interest rate cuts can provide relief to current borrowers, which will reduce defaults. Lower rates can also support higher valuation growth.

XFLT: Interest Rate Cuts May Be A Positive Growth Catalyst

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. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: FSK, PFE, VZ, PFS, PBR, ET, ESEA, EL, VALE, and NOAH averaged 41.06% net gains from reader data collected 8/14/24. Ten analyst-target-augured July TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: XOM, PBR, PFE, VZ, PFS, ET, ESEA, EL, VALE & NOAH, boasting a 33.38% average target price upside estimate.

Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks

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), payable on September 3, 2024, to common shareholders of record as of August 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date Augus.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

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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 adviser to the Madison Covered Call & Equity Strategy Fund (NYSE: MCN), a $146 million listed closed-end fund. The agreement between XAI and MCN is subject to approval by MCN shareholders.

XA Investments to Become Investment Adviser to Madison Investments Closed-End Fund and Will Retain Madison Investments as Portfolio Manager

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). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaratio.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

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 under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.

CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income

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