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NYSE:XFLT

XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Stock Price, News & Analysis

XAI Octagon Floating Rate & Alternative Income Trust logo
$6.92
0.00 (0.00%)
(As of 10/31/2024 ET)

About XAI Octagon Floating Rate & Alternative Income Trust Stock (NYSE:XFLT)

Key Stats

Today's Range
$6.90
$6.93
50-Day Range
$6.77
$6.93
52-Week Range
$6.53
$7.76
Volume
442,967 shs
Average Volume
431,192 shs
Market Capitalization
N/A
P/E Ratio
7.95
Dividend Yield
14.74%
Price Target
N/A
Consensus Rating
N/A

Company Overview

XAI Octagon Floating Rate & Alternative Income Term Trust invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. Under normal market conditions, the Trust will invest at least 80% of managed assets in senior secured loans, CLO debt and CLO equity. The Trust seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. There can be no assurance that the Trust will achieve its investment objective, and you could lose some or all of your investment.

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XFLT Stock News Headlines

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XFLT Stock Analysis - Frequently Asked Questions

XAI Octagon Floating Rate & Alternative Income Trust's stock was trading at $7.14 on January 1st, 2024. Since then, XFLT shares have decreased by 3.1% and is now trading at $6.92.
View the best growth stocks for 2024 here
.

Top institutional shareholders of XAI Octagon Floating Rate & Alternative Income Trust include Consolidated Portfolio Review Corp, Chicago Partners Investment Group LLC, J.W. Cole Advisors Inc. and Private Advisor Group LLC. Insiders that own company stock include John Yogi Spence, Theodore J Brombach, Benjamin Mcculloch and John P Mcgarrity.
View institutional ownership trends
.

Shares of XFLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that XAI Octagon Floating Rate & Alternative Income Trust investors own include Medtronic (MDT), Oxford Lane Capital (OXLC), Eagle Point Credit (ECC), AGNC Investment (AGNC), Cohen & Steers Infrastructure Fund (UTF), Black Stone Minerals (BSM) and Ares Capital (ARCC).

Company Calendar

Ex-Dividend for 10/1 Dividend
9/17/2024
Dividend Payable
10/01/2024
Ex-Dividend for 11/1 Dividend
10/15/2024
Today
10/31/2024
Dividend Payable
11/01/2024

Industry, Sector and Symbol

Industry
Investment Trusts & Mutual Funds
Sub-Industry
Financial Services
Fax
N/A
Employees
147,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$76.89 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:XFLT) was last updated on 10/31/2024 by MarketBeat.com Staff
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