XFLT
XAI Octagon Floating Rate and Alternative Income TrustXFLT
XFLT
About: XAI Octagon Floating Rate & Alternative Income Trust is a diversified, closed-end management investment company which invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
0.13% less ownership
Funds ownership: 7.34% [Q2] → 7.21% (-0.13%) [Q3]
3% less funds holding
Funds holding: 58 [Q2] → 56 (-2) [Q3]
5% less capital invested
Capital invested by funds: $30.2M [Q2] → $28.7M (-$1.51M) [Q3]
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for XFLT.
Financial journalist opinion
Based on 4 articles about XFLT published over the past 30 days
Positive
Seeking Alpha
1 week ago
5 Best CEFs This Month For Nearly 10% Yield (January 2025)
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 generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Neutral
GlobeNewsWire
1 week ago
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 Time). MCN employs a covered call equity strategy that seeks to generate income and gains. On the webinar, the Fund's management team will review the benefits and risks of a hedged equity approach to investing. Jared Hagen, Vice President at XA Investments (“XAI”) will moderate the webinar with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments (“Madison”). Webinar participants are encouraged to ask questions of the Fund's management team.
Negative
Seeking Alpha
1 week ago
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. We go over why we are buying a small position.
Negative
Seeking Alpha
3 weeks ago
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 on floating rate debt investments, benefiting from higher rates but also facing risks from potential borrower defaults and leverage costs. If rates remain higher for longer, there's a chance that we can see a greater amount of borrower defaults. This would deteriorate the overall portfolio quality and earnings potential.
Neutral
GlobeNewsWire
1 month ago
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 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).
Positive
Seeking Alpha
1 month ago
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, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
1 month ago
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 portfolio work hard, so I can enjoy a relaxed lifestyle.
Positive
Seeking Alpha
1 month ago
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 and low volatility, especially with rates staying above 4%. I identify one ETF and two CEFs for investors looking to take advantage of this panic and new course for the Fed.
Positive
Seeking Alpha
1 month ago
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 sustainability, XFLT's premium is now closer to similar funds, prompting an upgrade from hold to buy. Leverage stacking in XFLT's strategy poses significant risk, but current market conditions and seasonality trends make it a reasonable short-term hold.
Positive
Seeking Alpha
1 month ago
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, CLO debt, and CLO equity, providing diversified exposure and reduced volatility compared to pure CLO Equity CEFs. Preferred shares, characterized as liabilities, have a fixed maturity in March 2026, ensuring minimal price volatility and stable quarterly dividends.
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