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S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:XFLT

XAI Octagon Floating Rate & Alternative Income Term Trust Stock Forecast, Price & News

$9.19
-0.02 (-0.22%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$9.13
$9.25
50-Day Range
$8.50
$9.40
52-Week Range
$7.67
$9.85
Volume
145,018 shs
Average Volume
233,940 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
0.10%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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About XAI Octagon Floating Rate & Alternative Income Term Trust

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.

Headlines

9% Yield, 25% Discount: HFRO Is A Strong Buy
December 17, 2020 |  seekingalpha.com
Monthly Pay, Full Covered 12.5% Yield From XFLT
October 31, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
N/A

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Optionable
Not Optionable

Company Calendar

Ex-Dividend for 12/31 Dividend
12/14/2021
Dividend Payable
12/31/2021
Ex-Dividend for 2/1 Dividend
1/14/2022
Today
1/17/2022
Dividend Payable
2/01/2022

MarketRank

Overall MarketRank

1.69 out of 5 stars

Analyst Opinion: 2.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -












XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) Frequently Asked Questions

Is XAI Octagon Floating Rate & Alternative Income Term Trust a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for XAI Octagon Floating Rate & Alternative Income Term Trust in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" XAI Octagon Floating Rate & Alternative Income Term Trust stock.
View analyst ratings for XAI Octagon Floating Rate & Alternative Income Term Trust
or view top-rated stocks.

How has XAI Octagon Floating Rate & Alternative Income Term Trust's stock been impacted by Coronavirus (COVID-19)?

XAI Octagon Floating Rate & Alternative Income Term Trust's stock was trading at $6.52 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, XFLT shares have increased by 41.0% and is now trading at $9.19.
View which stocks have been most impacted by COVID-19
.

Are investors shorting XAI Octagon Floating Rate & Alternative Income Term Trust?

XAI Octagon Floating Rate & Alternative Income Term Trust saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 77,000 shares, an increase of 37.7% from the December 15th total of 55,900 shares. Based on an average daily volume of 230,000 shares, the short-interest ratio is currently 0.3 days.
View XAI Octagon Floating Rate & Alternative Income Term Trust's Short Interest
.

How often does XAI Octagon Floating Rate & Alternative Income Term Trust pay dividends? What is the dividend yield for XAI Octagon Floating Rate & Alternative Income Term Trust?

XAI Octagon Floating Rate & Alternative Income Term Trust announced a monthly dividend on Wednesday, January 5th. Investors of record on Tuesday, January 18th will be paid a dividend of $0.073 per share on Tuesday, February 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 9.53%. The ex-dividend date of this dividend is Friday, January 14th.
View XAI Octagon Floating Rate & Alternative Income Term Trust's dividend history
.

Is XAI Octagon Floating Rate & Alternative Income Term Trust a good dividend stock?

XAI Octagon Floating Rate & Alternative Income Term Trust pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.10%.
View XAI Octagon Floating Rate & Alternative Income Term Trust's dividend history.

What price target have analysts set for XFLT?

1 equities research analysts have issued 12-month price targets for XAI Octagon Floating Rate & Alternative Income Term Trust's shares. Their forecasts range from $10.50 to $10.50. On average, they expect XAI Octagon Floating Rate & Alternative Income Term Trust's stock price to reach $10.50 in the next year. This suggests a possible upside of 14.3% from the stock's current price.
View analysts' price targets for XAI Octagon Floating Rate & Alternative Income Term Trust
or view top-rated stocks among Wall Street analysts.

Who are XAI Octagon Floating Rate & Alternative Income Term Trust's key executives?

XAI Octagon Floating Rate & Alternative Income Term Trust's management team includes the following people:

Who are some of XAI Octagon Floating Rate & Alternative Income Term Trust's key competitors?

What other stocks do shareholders of XAI Octagon Floating Rate & Alternative Income Term Trust own?

What is XAI Octagon Floating Rate & Alternative Income Term Trust's stock symbol?

XAI Octagon Floating Rate & Alternative Income Term Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "XFLT."

How do I buy shares of XAI Octagon Floating Rate & Alternative Income Term Trust?

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

What is XAI Octagon Floating Rate & Alternative Income Term Trust's stock price today?

One share of XFLT stock can currently be purchased for approximately $9.19.

How many employees does XAI Octagon Floating Rate & Alternative Income Term Trust have?

XAI Octagon Floating Rate & Alternative Income Term Trust employs 147,000 workers across the globe.

What is XAI Octagon Floating Rate & Alternative Income Term Trust's official website?

The official website for XAI Octagon Floating Rate & Alternative Income Term Trust is www.xainvestments.com.

Where are XAI Octagon Floating Rate & Alternative Income Term Trust's headquarters?

XAI Octagon Floating Rate & Alternative Income Term Trust is headquartered at 321 North Clark Street #2430, Chicago, Illinois 60654.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

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