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XFLT

XAI Floating Rate & Alternative Income Trust

XFLT

Market cap $289M

18.97 USD

+0.04

0.21%

At close Updated Sep 3, 4:00 PM EDT

Pre-market

After hours

18.99

+0.02

0.11%

1 day

0.21%

5 days

-2.82%

1 month

1.34%

3 months

3.72%

6 months

12.25%

Year to date

-20.13%

1 year

-32.49%

5 years

-56.98%

10 years

-64.87%

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

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 10.9%

Neutral 89.1%

Negative 0%

XAI Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.225 per Share

CHICAGO, Sept. 01, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.225 per share on the Trust's common shares (NYSE: XFLT), payable on October 1, 2026, to common shareholders of record as of September 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.225 per share.

XAI Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.225 per Share

Weekly Closed-End Fund Roundup: FCT Reorganization, XFLT Approves New Sub-Advisor (Aug. 16, 2026)

Closed-end fund sectors showed broad strength, with 21 of 26 positive on price and an average price return of 0.78%. MLPs led sector gains (+4.81%), while Emerging Market Income lagged (-1.30%); Convertibles outperformed on NAV (+2.50%). RIV rights offering announced, XFLT approves new sub-advisor.

Weekly Closed-End Fund Roundup: FCT Reorganization, XFLT Approves New Sub-Advisor (Aug. 16, 2026)

I'm Buying These Funds At Historically High Discounts

While broad equity indices sit near historically elevated multiples, the CLO space has faced severe spread compression and secondary market discounts wider than those seen during the March 2020 panic. Evidence continues to build that CLO equity Net Asset Values established a cyclical floor in March 2026, with NAVs stabilizing and climbing across Q2 reporting. Despite widespread market fears of a corporate default wave, actual credit loss rates remain manageable, allowing high-yielding tranches to generate substantial underlying cash flow.

I'm Buying These Funds At Historically High Discounts

CEF Weekly Review: XFLT Gets New Sub-Adviser Over The Line

We review the CEF market valuation and performance through the second week of August and highlight recent market action. CEF returns were mostly positive, led by Convertibles and MLPs, with sector discounts near long-term averages. FS Credit Opportunities (FSCO) raised its distribution by 2% ahead of Q2 results, signaling confidence in its income profile after a prior cut.

CEF Weekly Review: XFLT Gets New Sub-Adviser Over The Line

Weekly Closed-End Fund Roundup (August 9, 2026)

Closed-end fund (CEF) sector performance was broadly negative, with only 4 of 26 sectors posting positive price returns and an average price return of -0.74%. MLPs led sector performance on both price (+2.64%) and NAV (+2.75%), while California Munis and New York Munis lagged. Significant corporate actions included rights offerings (RQI, MUA), fund reorganizations (MFM/VFL), tender offers (JOF, XFLT), and liquidation plans (KTF).

Weekly Closed-End Fund Roundup (August 9, 2026)

XFLT Urges Shareholders to Approve the King Street Sub-Adviser and Effect Liquidity Plan Ahead of August 6th Meeting

Seeking Alpha's High Dividend Opportunities, A Notable Investment Research Provider, and the Leading Proxy Advisory Firms ISS and Glass Lewis All Recommend Shareholders Vote " FOR " the King Street Sub-Advisory Agreement (Read Article )

XFLT Urges Shareholders to Approve the King Street Sub-Adviser and Effect Liquidity Plan Ahead of August 6th Meeting

XFLT: Buy For 14% Yield, Vote To Close The Discount

CLO equity has faced severe structural valuation headwinds, leaving closed-end funds trading at wide discounts to net asset value. Following shareholder negotiations, XAI Floating Rate & Alternative Income Trust management amended its contingent tender offer structure. Approving the proposal triggers an immediate tender offer for 12.5% of net assets at 98% of NAV within approximately 45 days, creating immediate price support and real liquidity.

XFLT: Buy For 14% Yield, Vote To Close The Discount

XAI Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.225 per Share

CHICAGO, Aug. 03, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.225 per share on the Trust's common shares (NYSE: XFLT), payable on September 1, 2026, to common shareholders of record as of August 17, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.225 per share. As of July 30, 2026, The Trust entered into an interim agreement for Rockford Tower Asset Management, L.L.C., a wholly owned subsidiary of King Street Capital Management, L.P., to begin serving as the sub-adviser.

XAI Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.225 per Share

XFLT Board Urges Shareholders to Vote FOR Approval of King Street Sub-Adviser Ahead of August 6th Special Meeting

A Compelling Majority of Engaged Shareholders Voted “ FOR ” the King Street Sub-Adviser

XFLT Board Urges Shareholders to Vote FOR Approval of King Street Sub-Adviser Ahead of August 6th Special Meeting

XFLT Shareholders: Vote Today to Approve the King Street Sub-Adviser

A Compelling Majority of Engaged Shareholders Voted “ FOR ” the King Street Sub-Adviser, Following Recommendations of Leading Independent Proxy Advisory Firms ISS and Glass Lewis

XFLT Shareholders: Vote Today to Approve the King Street Sub-Adviser

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