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XFLTPRA - $XFLTPRA STOCK NEWS

Welcome to our dedicated page for XFLTPRA news (Ticker: $XFLTPRA), a resource for investors and traders seeking the latest updates and insights on XFLTPRA stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect XFLTPRA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of XFLTPRA's position in the market.

Rhea-AI Summary
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has declared its regular monthly distribution of $0.085 per share and preferred dividends of $0.40625 per share for the quarter. The Trust's investments in CLOs are subject to complex tax rules, and its final taxable income will be determined upon filing tax returns. The Trust aims for stable monthly distributions over time by investing in floating rate credit instruments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
dividends
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Rhea-AI Summary
XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has declared a regular monthly distribution of $0.085 per share for common shares and $0.40625 per share for 6.50% Series 2026 Term Preferred Shares. The ex-dividend date for both is January 12, 2024, with payable dates in February 2024. Common share distributions may be paid from net investment income, capital gains, or a return of capital. The Trust's net investment income and capital gain can vary significantly over time, and as a registered investment company, it is subject to a 4% excise tax if it does not distribute to common shareholders. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
dividends
-
Rhea-AI Summary
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has declared its regular monthly distribution of $0.085 per share of common shares. The Trust also declared preferred dividends for the quarter of $0.40625 per share of 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
dividends
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