XFLT

XAI Octagon Floating Rate and Alternative Income Trust

XFLT

Market cap $434M

Overview Fund Activity

5.70 USD

+0.05

0.88%

At close Updated Sep 15, 4:00 PM EDT

Pre-market

After hours

5.70

0.00

0%

1 day

0.88%

5 days

2.15%

1 month

4.2%

3 months

1.6%

6 months

-7.77%

Year to date

-15.18%

1 year

-17.39%

5 years

-6.4%

10 years

-47.22%

About: XAI Octagon Floating Rate & Alternative Income Trust is a diversified, closed-end management investment company which invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

39% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 18

4.36% less ownership

Funds ownership: 13.17% [Q1] → 8.81% (-4.36%) [Q2]

9% less funds holding

Funds holding: 78 [Q1] → 71 (-7) [Q2]

17% less capital invested

Capital invested by funds: $45.5M [Q1] → $37.9M (-$7.54M) [Q2]

31% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 16

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Financial journalist opinion

Based on 9 articles about XFLT published over the past 30 days

4 Closed-End Fund Buys (And 1 Sell) In The Month Of August 2025

August saw continued gains across major indexes, with RSP and Dow outperforming the tech-heavy benchmarks toward the second half of the month. As the markets continue to hit and trade near all-time highs, now including the Dow Jones hitting all-time highs, I've been continuing to build up my cash position. At the same time, every month I do some buying to keep the income compounding on itself over the long term.

4 Closed-End Fund Buys (And 1 Sell) In The Month Of August 2025

CEFs Are Becoming Less Appealing For Income Investors

The investment case for closed-end funds (CEFs) is weak now due to tight discounts, high leverage costs, and expensive underlying assets. Most CEFs do not deliver sustainable alpha, and lower-fee actively managed ETFs now offer similar exposures with better economics. We have reduced our CEF allocation, favoring alternatives like BDCs, select ETFs, preferreds, and bonds for better value and risk/reward.

CEFs Are Becoming Less Appealing For Income Investors

I Am Buying Big Income, Yields 15%: XFLT

Diving deep into the fixed-income space, you can discover glorious fountains of income. Can't hold your breath? Leverage professional help. Fund managers can do the exploration for you, sharing the rewards.

I Am Buying Big Income, Yields 15%: XFLT

CEF Weekly Review: The FINS Cage Match

We review the CEF market valuation and performance through the last week of August and highlight recent market action. CEF sectors rallied in August, but fixed-income CEF discounts remain historically expensive, warranting caution for new buyers. Angel Oak Financial Strategies Income Term Trust (FINS) faces shareholder drama, but its underperformance claims are overstated; liquidation could benefit shareholders via discount compression.

CEF Weekly Review: The FINS Cage Match

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.070 per Share

CHICAGO, Sept. 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.070 per share on the Trust's common shares (NYSE: XFLT), payable on October 1, 2025, to common shareholders of record as of September 16, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.070 per share.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.070 per Share

XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Q2 2025 Earnings Call Transcript

XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Q2 2025 Earnings Call Transcript

XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Q2 2025 Earnings Call Transcript

XFLT's NAV Discount Warrants A Cautious Upgrade

I previously rated XFLT a strong sell due to high leverage, CLO equity exposure, and tariff risks, but the fund avoided a crash. XFLT now trades at a 7%+ discount to NAV, making it more attractive relative to peers, though I still see significant drawdown risk. The fund's high yield is tempting, but likely to decline with expected rate cuts; I remain cautious given the leveraged structure.

XFLT's NAV Discount Warrants A Cautious Upgrade

10 Best CEFs This Month: Average Yield Of Nearly 9% (August 2025)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight the ten best CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select 10 CEFs every month from around 500 closed-end funds.

10 Best CEFs This Month: Average Yield Of Nearly 9% (August 2025)

Ellington Credit: High Yield, Speculative CLO Fund

Ellington Credit: High Yield, Speculative CLO Fund

Ellington Credit: High Yield, Speculative CLO Fund

XFLT: Economic Bifurcation Bleeds CLO Equity

XFLT's 15% yield is offset by extreme risk from levered CLO equity exposure and a hefty 7.58% expense ratio, eroding potential returns. Current economic conditions, such as sectoral strain, low CapEx, and underpriced credit risk, heighten XFLT's vulnerability, even without a broad recession. XFLT's volatility likely exceeds its risk-adjusted returns, especially compared to lower-fee alternatives like BKLN and CLOI, making it unattractive.

XFLT: Economic Bifurcation Bleeds CLO Equity

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