XFLT vs. AOD, DCF, LDP, RSF, NMAI, and AIO
Should you be buying XAI Octagon Floating Rate & Alternative Income Trust stock or one of its competitors? The main competitors of XAI Octagon Floating Rate & Alternative Income Trust include Aberdeen Total Dynamic Dividend Fund (AOD), BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (DCF), Cohen & Steers Limited Duration Preferred and Income Fund (LDP), RiverNorth Capital and Income Fund (RSF), Nuveen Multi-Asset Income Fund (NMAI), and Virtus Artificial Intelligence & Technology Opportunities Fund (AIO). These companies are all part of the "miscellaneous" sector.
Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) and XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) are both miscellaneous companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, community ranking, earnings, risk, analyst recommendations, valuation, institutional ownership, profitability and media sentiment.
In the previous week, XAI Octagon Floating Rate & Alternative Income Trust had 4 more articles in the media than Aberdeen Total Dynamic Dividend Fund. MarketBeat recorded 6 mentions for XAI Octagon Floating Rate & Alternative Income Trust and 2 mentions for Aberdeen Total Dynamic Dividend Fund. Aberdeen Total Dynamic Dividend Fund's average media sentiment score of 1.26 beat XAI Octagon Floating Rate & Alternative Income Trust's score of -1.50 indicating that XAI Octagon Floating Rate & Alternative Income Trust is being referred to more favorably in the news media.
Aberdeen Total Dynamic Dividend Fund received 9 more outperform votes than XAI Octagon Floating Rate & Alternative Income Trust when rated by MarketBeat users. Likewise, 68.42% of users gave Aberdeen Total Dynamic Dividend Fund an outperform vote while only 61.65% of users gave XAI Octagon Floating Rate & Alternative Income Trust an outperform vote.
Aberdeen Total Dynamic Dividend Fund pays an annual dividend of $0.69 per share and has a dividend yield of 8.3%. XAI Octagon Floating Rate & Alternative Income Trust pays an annual dividend of $1.02 per share and has a dividend yield of 14.4%. XAI Octagon Floating Rate & Alternative Income Trust pays out 117.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. XAI Octagon Floating Rate & Alternative Income Trust has increased its dividend for 1 consecutive years. XAI Octagon Floating Rate & Alternative Income Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
XAI Octagon Floating Rate & Alternative Income Trust has a consensus target price of $8.00, indicating a potential upside of 12.68%. Given Aberdeen Total Dynamic Dividend Fund's higher possible upside, analysts plainly believe XAI Octagon Floating Rate & Alternative Income Trust is more favorable than Aberdeen Total Dynamic Dividend Fund.
Summary
XAI Octagon Floating Rate & Alternative Income Trust beats Aberdeen Total Dynamic Dividend Fund on 7 of the 10 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding XFLT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
XAI Octagon Floating Rate & Alternative Income Trust Competitors List
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