NYSE:XFLT XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Stock Price, News & Analysis → One trade. One ticker. One week. (From Wealthpin Pro) (Ad) Free XFLT Stock Alerts $6.98 -0.01 (-0.14%) (As of 03:15 PM ET) Add Compare Share Share Today's Range$6.98▼$7.0150-Day Range$6.97▼$7.4352-Week Range$6.26▼$7.76Volume266,316 shsAverage Volume355,024 shsMarket CapitalizationN/AP/E Ratio8.02Dividend Yield14.61%Price Target$8.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get XAI Octagon Floating Rate & Alternative Income Trust alerts: Email Address XAI Octagon Floating Rate & Alternative Income Trust MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.3% Upside$8.00 Price TargetShort InterestHealthyDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.00 out of 5 stars 2.5 Analyst's Opinion Consensus RatingXAI Octagon Floating Rate & Alternative Income Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageXAI Octagon Floating Rate & Alternative Income Trust has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverXAI Octagon Floating Rate & Alternative Income Trust has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in XAI Octagon Floating Rate & Alternative Income Trust has recently decreased by 82.47%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldXAI Octagon Floating Rate & Alternative Income Trust has a dividend yield of 0.10%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthXAI Octagon Floating Rate & Alternative Income Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of XAI Octagon Floating Rate & Alternative Income Trust is 117.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for XFLT. Previous Next 0.6 News and Social Media Coverage Search Interest9 people have searched for XFLT on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added XAI Octagon Floating Rate & Alternative Income Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, XAI Octagon Floating Rate & Alternative Income Trust insiders have not sold or bought any company stock. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of XAI Octagon Floating Rate & Alternative Income Trust is 8.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.67.Price to Earnings Ratio vs. SectorThe P/E ratio of XAI Octagon Floating Rate & Alternative Income Trust is 8.05, which means that it is trading at a more expensive P/E ratio than the Miscellaneous sector average P/E ratio of about 0.46. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About XAI Octagon Floating Rate & Alternative Income Trust Stock (NYSE:XFLT)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.Read More XFLT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart XFLT Stock News HeadlinesApril 11, 2024 | businesswire.comKimberly Flynn Promoted to President of XA Investments LLCApril 1, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares DividendApril 24, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 12, 2024 | wsj.comXAI Octagon Floating Rate & Alternative Income Trust 6.5% Pfd.March 1, 2024 | businesswire.comXAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per ShareFebruary 21, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Trust Will Host Q4 2023 Quarterly Webinar on February 29, 2024February 21, 2024 | businesswire.comXAI Octagon Floating Rate & Alternative Income Trust Will Host Q4 2023 Quarterly Webinar on February 29, 2024February 1, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per ShareApril 24, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…February 1, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Trust Announces Registered Direct Placement of Common SharesJanuary 24, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Announces Shareholder Approval of Important ProposalsJanuary 22, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares DividendJanuary 22, 2024 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Announces Portfolio Management ChangeDecember 19, 2023 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Adjourns Special Meeting of Shareholders to Permit Further Solicitation of ProxiesNovember 20, 2023 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Will Host Q3 2023 Quarterly Webinar on November 30, 2023October 27, 2023 | investing.comXFLT_pa Historical DataOctober 26, 2023 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Announces Board Approval of Proposal to Become Perpetual Fund and New Sub-Advisory Agreement with Octagon Credit InvestorsSeptember 13, 2023 | msn.comB. Riley Securities Maintains XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Buy RecommendationAugust 28, 2023 | msn.comXFLT: DRIP At A Discount To Stream Your Income Into A River Of CashAugust 24, 2023 | msn.comXFLT: Is Its Premium Warranted?August 10, 2023 | finance.yahoo.comXAI Octagon Floating Rate & Alternative Income Term Trust Will Host Q2 2023 Quarterly Webinar on August 22, 2023August 8, 2023 | thestreet.comXAI Octagon Floating Rate & Alternative Income Term Trust 6.50% Series 2026 Term Preferred Shares (Liquidation Preference $25.00)July 28, 2023 | thestreet.comXAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial InterestJuly 27, 2023 | finance.yahoo.comXFLT-PA - XAI Octagon Floating Rate & Alternative Income Term TrustJuly 21, 2023 | finance.yahoo.comXFLT - XAI Octagon Floating Rate & Alternative Income Term TrustJune 11, 2023 | msn.comXFLT: A Look At The Latest ReportJune 7, 2023 | msn.comB. Riley Securities Maintains XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Prior RecommendationSee More Headlines Receive XFLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for XAI Octagon Floating Rate & Alternative Income Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/1 Dividend3/14/2024Dividend Payable4/01/2024Ex-Dividend for 5/1 Dividend4/12/2024Today4/24/2024Dividend Payable5/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMiscellaneous Industry Investment Trusts & Mutual Funds Sub-IndustryN/A Current SymbolNYSE:XFLT CUSIPN/A CIK1703079 Webwww.xainvestments.com Phone312-374-6930FaxN/AEmployees147,000Year FoundedN/APrice Target and Rating Average Stock Price Target$8.00 High Stock Price Target$8.00 Low Stock Price Target$8.00 Potential Upside/Downside+14.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio8.03 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$53.00 million Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Benjamin David MccullochChief Legal Officer & Sec.Ms. Lauren Michelle BasmadjianPortfolio Mang.Ms. Gretchen Mae Mohr Lam CFAPortfolio Mang.Key CompetitorsAberdeen Total Dynamic Dividend FundNYSE:AODBNY Mellon Alcentra Global Credit Income 2024 Target Term FundNYSE:DCFCohen & Steers Limited Duration Preferred and Income FundNYSE:LDPRiverNorth Capital and Income FundNYSE:RSFNuveen Multi-Asset Income FundNYSE:NMAIView All CompetitorsInsiders & InstitutionsPFG Investments LLCBought 36,370 shares on 4/22/2024Ownership: 0.000%B. Riley Wealth Advisors Inc.Sold 2,644 shares on 3/15/2024Ownership: 0.000%Chicago Partners Investment Group LLCBought 13,633 shares on 2/23/2024Ownership: 0.000%Bard Associates Inc.Sold 6,600 shares on 2/13/2024Ownership: 0.000%Belpointe Asset Management LLCBought 32,530 shares on 2/13/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions XFLT Stock Analysis - Frequently Asked Questions Should I buy or sell XAI Octagon Floating Rate & Alternative Income Trust stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for XAI Octagon Floating Rate & Alternative Income Trust in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" XFLT shares. View XFLT analyst ratings or view top-rated stocks. What is XAI Octagon Floating Rate & Alternative Income Trust's stock price target for 2024? 1 analysts have issued 1-year price targets for XAI Octagon Floating Rate & Alternative Income Trust's shares. Their XFLT share price targets range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price. View analysts price targets for XFLT or view top-rated stocks among Wall Street analysts. How have XFLT shares performed in 2024? XAI Octagon Floating Rate & Alternative Income Trust's stock was trading at $7.14 at the start of the year. Since then, XFLT stock has decreased by 2.0% and is now trading at $7.00. View the best growth stocks for 2024 here. Are investors shorting XAI Octagon Floating Rate & Alternative Income Trust? XAI Octagon Floating Rate & Alternative Income Trust saw a drop in short interest in March. As of March 31st, there was short interest totaling 9,100 shares, a drop of 82.5% from the March 15th total of 51,900 shares. Based on an average daily trading volume, of 47,600 shares, the short-interest ratio is currently 0.2 days. View XAI Octagon Floating Rate & Alternative Income Trust's Short Interest. How often does XAI Octagon Floating Rate & Alternative Income Trust pay dividends? What is the dividend yield for XAI Octagon Floating Rate & Alternative Income Trust? XAI Octagon Floating Rate & Alternative Income Trust announced a monthly dividend on Monday, April 1st. Shareholders of record on Monday, April 15th will be given a dividend of $0.085 per share on Wednesday, May 1st. This represents a $1.02 annualized dividend and a yield of 14.57%. The ex-dividend date of this dividend is Friday, April 12th. Read our dividend analysis for XFLT. Is XAI Octagon Floating Rate & Alternative Income Trust a good dividend stock? XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) pays an annual dividend of $1.02 per share and currently has a dividend yield of 0.10%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 117.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for XFLT. What ETF holds XAI Octagon Floating Rate & Alternative Income Trust's stock? Virtus Private Credit Strategy ETF holds 122,904 shares of XFLT stock, representing 2.32% of its portfolio. What other stocks do shareholders of XAI Octagon Floating Rate & Alternative Income Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other XAI Octagon Floating Rate & Alternative Income Trust investors own include AGNC Investment (AGNC), Oxford Lane Capital (OXLC), Eagle Point Credit (ECC), Annaly Capital Management (NLY), Ares Capital (ARCC), Iron Mountain (IRM), abrdn Global Premier Properties Fund (AWP), Highland Funds I - Highland Opportunities and Income Fund (HFRO), Cohen & Steers MLP Income and Energy Opportunity Fund (MIE) and Monroe Capital (MRCC). Who are XAI Octagon Floating Rate & Alternative Income Trust's major shareholders? XAI Octagon Floating Rate & Alternative Income Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include PFG Investments LLC (0.00%). Insiders that own company stock include Benjamin Mcculloch, John P Mcgarrity, John Yogi Spence and Theodore J Brombach. View institutional ownership trends. How do I buy shares of XAI Octagon Floating Rate & Alternative Income Trust? 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. This page (NYSE:XFLT) was last updated on 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe #1 Crypto for 2024InvestorPlaceDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding XAI Octagon Floating Rate & Alternative Income Trust Please log in to your account or sign up in order to add this asset to your watchlist. 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