Welcome to our dedicated page for XAI Octagon Floating Rate & Alternative Income Trust news (Ticker: XFLT), a resource for investors and traders seeking the latest updates and insights on XAI Octagon Floating Rate & Alternative Income Trust stock.
XAI Octagon Floating Rate & Alternative Income Trust reports closed-end fund developments tied to its income-oriented portfolio of floating-rate credit instruments and structured credit investments. News for XFLT commonly covers monthly common-share distributions, NAV and market-based distribution context, shareholder communications such as quarterly webinars, and capital-structure actions involving preferred leverage and common shares. The Trust's updates also reference XA Investments as investment adviser and the fund platform supporting registered closed-end funds.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) is hosting a quarterly webinar on May 26, 2022, at 11:00 am ET, to discuss earnings for the three months ending March 31, 2022. Moderated by Robert Chenoweth, the webinar features Kimberly Flynn and Gretchen Lam. The Trust aims for attractive total returns with a focus on income generation through investments primarily in floating rate credit instruments. The Trust's shares are traded under the ticker XFLT.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced a monthly distribution of $0.073 per common share, payable on June 1, 2022, to shareholders of record as of May 16, 2022. The distribution amount remains unchanged from last month. The Trust’s common share distributions may be funded by net investment income, capital gains, or return of capital. Future distributions will depend on factors like investment income and compliance with financial covenants.
XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has announced a monthly distribution of $0.073 per common share and preferred dividends of $0.40625 per share for its 6.50% Series 2026 Term Preferred Shares (XFLTPRA). The ex-dividend date for both shares is April 14, 2022, with a record date of April 18, 2022, and payment on May 2, 2022. These distributions are funded from net investment income and capital gains, which may affect shareholders' tax implications.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced its regular monthly distribution of $0.073 per share, payable on April 1, 2022, to shareholders of record as of March 15, 2022. This amount remains unchanged from the previous month. The Trust aims for stable monthly distributions, funded by net investment income and capital gains. Certain distributions may include a return of capital, which can affect shareholders' tax basis. Future distributions depend on various factors, including compliance with financial covenants and net income.
The XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has declared its monthly distribution of $0.073 per share, unchanged from the previous month. This distribution will be payable on March 1, 2022, to shareholders on record as of February 15, 2022. The ex-dividend date is February 14, 2022. Distributions may derive from various sources including net investment income, capital gains, or a return of capital. The Trust aims to maintain stable distributions despite the variability in net investment income.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced a monthly distribution of $0.073 per common share and $0.40625 for its 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The ex-dividend date for both shares is January 14, 2022, with payment set for February 1, 2022 and January 31, 2022 respectively. The Trust emphasizes that share distributions may come from net investment income, capital gains, or return of capital. Investors should note that the Trust seeks to maintain stable monthly distributions, though future amounts are not guaranteed.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has declared a monthly distribution of $0.073 per share, consistent with the previous month's amount. The distribution will be payable on December 31, 2021 to shareholders on record as of December 15, 2021. The Ex-Dividend date is set for December 14, 2021. The Trust's distributions may be comprised of net investment income, capital gains, or return of capital, and their specific tax characteristics will be reported to shareholders after year-end.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced a monthly distribution of $0.073 per common share, payable on December 1, 2021. This amount remains unchanged from the previous month. The ex-dividend date is November 15, 2021, with the record date on November 16, 2021. The Trust aims to provide stable distributions, which may include returns of capital, and is subject to a 4% excise tax if certain distribution criteria are not met by year-end.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced a monthly distribution of $0.073 per common share and $0.40625 per preferred share (6.50% Series 2026) for Q3 2021. The ex-dividend date is October 14, 2021, with payment on November 1, 2021. All distributions may stem from net investment income, capital gains, or return of capital. Investors should note that the source of these distributions may not solely be net income, and future distributions are contingent on various financial factors.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) announced a registered direct offering of 400,000 shares of 6.50% Series 2026 Term Preferred Shares at $25.00 per share, generating approximately $10 million in proceeds before expenses. The Trust plans to utilize these funds to invest according to its objectives, reduce outstanding borrowings, and cover general working capital. The offering is expected to close around September 8, 2021.