XA Investments Interval Fund (OCTIX) Now Available for Purchase on Charles Schwab

Rhea-AI Summary

XA Investments (XAI) announced that the Octagon XAI CLO Income Fund (OCTIX) is now available for purchase by advisers who clear or custody through the Charles Schwab platform as of January 6, 2026. The Fund is an evergreen interval fund with monthly distributions, quarterly repurchases, and a daily NAV. The Fund's investment objective is to provide high income and total return and it invests at least 80% of assets in CLO securities, including CLO debt tranches and CLO equity. OCTIX is available for electronic ticketing on Schwab under the ticker OCTIX (Class I) and OCTAX (Class A). Contact info@xainvestments.com or 888-903-3358 for more information.

Key Figures

Monthly distribution $0.060 per share Declared for December 31, 2025 and December 1, 2025 payments

CLO allocation At least 80% of assets OCTIX investment policy in CLO securities

INTVL-C constituents 54 funds Alternative credit interval and tender offer funds in index

Excise tax rate 4% Potential excise tax if annual distribution thresholds not met

Beneficial ownership 2,573.791 common shares Form 5 reporting for adviser personnel at 09/30/2025

DRIP shares 73.791 shares Received through MCN Dividend Reinvestment Plan

Current price $6.05 Pre-news trading level vs 52-week range

52-week range $5.16 – $6.78 Low and high before this announcement

Market Reality Check

$4.70 Last Close

Volume Volume 133,219 is 1.56x the 20-day average of 85,323 before this news. high

Technical Price at 6.05, trading slightly above 200-day MA of 6.04 pre-announcement.

Peers on Argus

Peers showed mixed, generally small moves with DMO up 0.45%, HEQ down 0.37%, and others between flat and modest declines, indicating stock-specific dynamics rather than a broad asset management move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 29	Index launch news	Positive	-0.2%	Announced new INTVL-C credit index with <b>54</b> interval and tender offer funds.
Dec 01	Distribution declaration	Positive	-0.8%	Maintained monthly distribution of <b>$0.060</b> per share for December 2025.
Nov 06	Fiscal year change	Neutral	-0.7%	Changed fiscal year end from <b>December 31</b> to <b>September 30</b> for alignment.
Nov 03	Distribution declaration	Positive	-1.3%	Declared regular monthly distribution of <b>$0.060</b> per common share.
Oct 23	Investor webinar	Positive	+0.8%	Announced Q3 2025 webinar to discuss income and covered call strategy.

Pattern Detected

Recent positive or constructive fund announcements often coincided with modestly negative next-day moves, with only the webinar event aligning positively.

Recent Company History

Over the past few months, the fund reported several operational and income-focused updates. It launched the XAI Interval Fund Credit Index™ (INTVL-C), currently with 54 constituents, and repeatedly declared a steady monthly distribution of $0.060 per share on dates such as December 31, 2025 and December 1, 2025. The fiscal year-end shifted from December 31 to September 30, with a transition report planned for January 1–September 30, 2025. A Q3 2025 webinar on November 6 supported investor communication. Today’s platform-access news continues this theme of incremental distribution and product-access developments.

Market Pulse Summary

This announcement highlights broader platform access for OCTIX through Charles Schwab, potentially increasing visibility for a CLO-focused interval fund that targets high income and total return while investing at least 80% of assets in CLO securities. In recent months, related MCN updates emphasized steady monthly distributions of $0.060 per share, index innovation via INTVL-C, and governance changes such as a new fiscal year-end. Investors may track distribution coverage, portfolio credit quality, and further platform or product developments as key ongoing metrics.

Key Terms

closed-end interval financial

"a leader in closed-end interval and tender offer fund research"

A closed-end interval is a numeric range that explicitly includes both its lower and upper bounds, meaning the start and finish values are part of the permitted set. Think of it like a measuring stick that counts both the first and last marks; for investors this matters because inclusive ranges in filings, pricing bands or deadlines remove ambiguity about whether exact boundary values are allowed, which can affect eligibility, settlement, valuation or compliance.

tender offer fund financial

"closed-end interval and tender offer fund research"

A tender offer fund is a type of investment pool that collects money from investors to participate in buyout offers where a company offers to purchase its own shares from shareholders at a specific price. This allows investors to potentially profit from the company's effort to buy back its stock, often aiming to increase the value of remaining shares or to take advantage of undervalued shares. It matters to investors because it provides an opportunity to earn returns from corporate buyback activities.

evergreen interval fund financial

"OCTIX is an evergreen interval fund with monthly distributions"

An evergreen interval fund is a pooled investment that has no fixed end date and holds assets that can’t be sold instantly, while offering investors chances to redeem shares only at set intervals (for example, monthly or quarterly). Think of it like a club where you can join any time but can only leave during scheduled exit windows; it matters to investors because it can provide steady income and access to less crowded markets, but it also carries higher liquidity risk and slower access to cash.

collateralized loan obligation financial

"assets in securities of collateralized loan obligation entities (“CLOs”)"

A collateralized loan obligation (CLO) is a financial product that bundles many corporate loans into a single pool and then sells pieces of that pool to investors, with each piece offering different levels of risk and return. Think of it like a large box of varied loans sliced into portions so investors can choose higher safety with lower yield or higher reward with more risk; CLO performance matters because it concentrates credit and interest-rate risk and affects income stability for holders.

CLO debt tranches financial

"including CLO debt tranches and CLO equity"

A CLO debt tranche is one of the layered slices of bonds issued by a collateralized loan obligation, a pool of corporate loans packaged and sold to investors. Each tranche has a different claim on cash flows—senior slices get paid first and are lower risk with lower interest, while junior slices get paid last, carry higher default risk and offer higher yields—so investors pick tranches based on their desired balance of safety, return and sensitivity to defaults or interest-rate changes.

NAV financial

"The Fund has a daily NAV and is available to advisers"

Net asset value (NAV) is the total value of all the investments and assets in a fund or company, minus any debts or liabilities, divided by the number of shares or units outstanding. It represents the per-share worth, giving investors an idea of what each share is truly worth based on the underlying assets. Think of it like a company's total worth divided among its shares, helping investors assess whether a share is fairly priced.

AI-generated analysis. Not financial advice.

CHICAGO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, is now offering the Octagon XAI CLO Income Fund (“OCTIX” or the “Fund”) for purchase by advisers who clear or custody through the Charles Schwab platform (“Schwab”), expanding access of XAI’s registered offerings for financial advisors and their clients.

“The addition of OCTIX to the Charles Schwab platform marks a major milestone for the fund. As one of the largest custodial and distribution platforms, this addition provides significant access to the Fund among Schwab’s investor base and network,” states Kevin Davis, Managing Director, Head of Sales & Distribution at XA Investments. “We’re excited for the future of the Fund with this expanded availability and the long-term growth potential.”

OCTIX is an evergreen interval fund with monthly distributions and quarterly repurchases. The investment objective of the Fund is to provide high income and total return. The Fund has a daily NAV and is available to advisers for electronic ticketing on the Schwab platform under the ticker symbol “OCTIX”. The Fund invests at least 80% of its assets in securities of collateralized loan obligation entities (“CLOs”), including CLO debt tranches and CLO equity.

For more information on the Octagon XAI CLO Income Fund, please visit https://xainvestments.com/octix. If you have any questions, please contact info@xainvestments.com or 888-903-3358.

The Octagon XAI CLO Income Fund is available on platforms under the ticker symbol OCTIX for the Class I share and OCTAX for the Class A share.

About XA Investments

XA Investments LLC (“XAI”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund, respectively the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity Premium Income Fund (NYSE: MCN), and the Octagon XAI CLO Income Fund (OCTIX). In April 2025, XA Investments launched the XAI Interval Fund Index™ (INTVL), the first rules-based total return index designed to track the performance of interval and tender offer funds, tracking 55% of the market’s net assets daily. The firm offers investment advisory services, fund structuring, and consulting services for registered closed-end funds to meet institutional client needs. XAI provides industry leading research and continued education on the interval fund market. XAI also offers custom product development, market research, marketing, and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. For more information, please visit www.xainvestments.com.

About Octagon Credit Investors

Octagon Credit Investors, LLC (“Octagon”) serves as the Fund’s investment sub-adviser. Octagon is a 30+ year old, $33.6B below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (collateralized loan obligation debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable and scalable approach in its effort to generate attractive risk-adjusted returns for its investors. For more information, please visit www.octagoncredit.com.

Important Information

Investing involves risk, including the possible loss of your entire investment. There is no guarantee the Fund’s investment objective will be achieved. Investing in interval funds may be speculative, involve a high degree of risk, and provide limited liquidity. The Fund does not currently intend to list its shares for trading on any national securities exchange and does not expect any secondary trading market in the shares to develop. The shares are, therefore, not readily marketable. Even though the Fund will make quarterly repurchase offers to repurchase a portion of the shares to try to provide limited liquidity to shareholders, there is no guarantee that an investor will be able to sell all the shares the investor desires to sell in the repurchase offer. You should consider the shares to be illiquid. The Fund is new with limited operating history. The Fund invests at least 80% of its assets in CLO debt and CLO equity, which often involve risks that are different from or more acute than risks associated with other types of credit instruments. CLOs are a type of structured credit instrument. Holders of structured credit instruments bear risks of the underlying investments, index or reference obligation as well as risks associated with the issuer of the instrument, which is often a special purpose vehicle, and may also be subject to counterparty risk. The Fund invests primarily in below investment grade credit instruments, which are commonly referred to as “high yield” securities or “junk” bonds. The Fund’s shares are not guaranteed or endorsed by any bank or other insured depository institution and are not federally insured by the Federal Deposit Insurance Corporation.

Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than the data shown. An investment in the Fund presents a number of risks and is not suitable for all investors. Investors should carefully review and consider potential risks before investing. These and other risk considerations are described in more detail in the Fund’s prospectus and SAI, each of which can be found on the SEC’s website at www.sec.gov or the Fund’s website at xainvestments.com/OCTIX.

Distributed by Paralel Distributors LLC, which is not affiliated with the Fund, Adviser or Sub-Adviser.

Media Contact:

Joanna Sowa
Marketing Associate
jsowa@xainvestments.com
312 374 6938

FAQ

What does XA Investments' Jan 6, 2026 Schwab listing mean for OCTIX availability?

OCTIX becomes purchasable by advisers who clear or custody through Charles Schwab, expanding platform access.

What is the OCTIX ticker symbol on Charles Schwab and which share classes are listed?

The Fund is ticketed on Schwab as OCTIX for Class I and OCTAX for Class A.

What is OCTIX's investment objective and asset allocation requirement?

The Fund's objective is high income and total return and it invests at least 80% of assets in CLO securities.

How often does OCTIX pay distributions and offer repurchases?

OCTIX pays monthly distributions and conducts quarterly repurchases.

Is OCTIX priced daily and how can advisers place trades on Schwab?

The Fund has a daily NAV and is available for electronic ticketing on the Charles Schwab platform for eligible advisers.

Where can I get more information or ask questions about OCTIX?

Visit https://xainvestments.com/octix or contact info@xainvestments.com or 888-903-3358.