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.
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XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced its monthly distribution of $0.073 per common share and a quarterly preferred dividend of $0.40625 for its 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The ex-dividend date for both distributions is set for April 14, 2023, with record and payable dates on April 17, 2023 and May 1, 2023, respectively. This marks no change from previous declarations. The Trust aims for stable monthly distributions, funded through net investment income, capital gains, or return of capital. Shareholders are advised that distributions may not stem solely from net income.
The XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced a monthly distribution of $0.073 per common share, scheduled for April 3, 2023. This distribution is unchanged from the prior month. Important dates include the Ex-Dividend Date on March 14, 2023 and the Record Date on March 15, 2023. The Trust’s distributions may come from various sources, including net investment income and capital gains. The Trust aims to maintain stable distributions over time while investing primarily in floating rate credit instruments. Shareholders are advised to review tax implications, as some distributions may be returns of capital.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) is hosting a Quarterly Webinar on March 2, 2023, at 11:00 am ET. The event will feature insights from key executives including Kimberly Flynn and Gretchen Lam. The Trust aims to generate an attractive total return with a strong emphasis on income by investing in floating rate credit instruments. Investors can join via web or phone, and a replay will be available in the Knowledge Bank section of their website.
The Trust trades on the NYSE under the symbol XFLT and focuses on private credit markets.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has declared a monthly distribution of $0.073 per share, unchanged from the previous month. This distribution is payable on March 1, 2023, to shareholders recorded by February 15, 2023. The ex-dividend date is February 14, 2023. The Trust's investment strategy focuses on generating income through multifaceted credit markets, with significant allocations to floating rate credit instruments. Shareholders should be aware that distributions may involve returns of capital, impacting their tax basis and potential gains or losses.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) has announced its regular monthly distribution of $0.073 per share for its common shares and a preferred dividend of $0.40625 per share for its 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The ex-dividend date is set for January 13, 2023, with a record date of January 17, 2023 and a payable date of February 1, 2023 for common shares. Preferred dividends will be paid similarly. The Trust aims to maintain stable distributions and invests primarily in floating rate credit instruments.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) declared a monthly distribution of $0.073 per common share, unchanged from the previous month. The ex-dividend date is December 14, 2022, with the record date on December 15, 2022, and the payable date on December 30, 2022. Distributions may come from net investment income, capital gains, and/or a return of capital. Future distributions depend on various factors, including compliance with senior securities terms and overall financial performance.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) announced its Quarterly Webinar scheduled for December 1, 2022, at 11:00 am ET. Moderated by Robert Chenoweth, the webinar will feature Kimberly Flynn and Gretchen Lam discussing the Trust's investment strategy focused on generating income through floating rate credit instruments. The Trust aims for attractive total returns with at least 80% of its Managed Assets allocated to these instruments. Common shares of the Trust trade under XFLT.