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XAI Floating Rate & Alternative Income Trust

XFLT

Market cap $257M

16.90 USD

-0.13

0.76%

At close Updated Oct 22, 11:24 AM EDT

1 day

-0.76%

5 days

-8.25%

1 month

-13.38%

3 months

-4.57%

6 months

-6.53%

Year to date

-28.84%

1 year

-31.44%

5 years

-62.73%

10 years

-68.7%

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 13.9%

Neutral 86.1%

Negative 0%

XAI Floating Rate & Alternative Income Trust Announces Final Results of Tender Offer

CHICAGO, Oct. 21, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Fund”), announced today the final results of its Tender Offer (the “Tender Offer”), which commenced September 18, 2026, and expired at 11:59 p.m., Eastern Time, on October 19, 2026. The Tender Offer was for up to 1,903,861 (approximately 12.5%) of the Fund's outstanding common shares of beneficial interest, par value $0.01 per share (“Common Shares”). The purchase price of validly tendered and accepted Common Shares for the Fund will be 98% of the Fund's net asset value (“NAV”) as of the close of regular trading on the New York Stock Exchange on October 20, 2026.

XAI Floating Rate & Alternative Income Trust Announces Final Results of Tender Offer

XAI Floating Rate & Alternative Income Trust Announces Expiration and Preliminary Results of Voluntary Tender Offer

CHICAGO, Oct. 20, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Fund”), announced today the preliminary results of its Tender Offer (the “Tender Offer”), which commenced September 18, 2026, and expired at 11:59 p.m., Eastern Time, on October 19, 2026. The Tender Offer was for up to 1,903,861 (approximately 12.5%) of the Fund's outstanding common shares of beneficial interest, par value $0.01 per share (“Common Shares”).

XAI Floating Rate & Alternative Income Trust Announces Expiration and Preliminary Results of Voluntary Tender Offer

XFLT: A 14% Yield And A Deep NAV Discount, But Is The Distribution Sustainable?

XAI Floating Rate & Alternative Income Trust trades at a 14.41% NAV discount, offering a 14.29% annualized distribution rate, but faces credit and leverage risks. Recent distribution cuts align payouts closer to net investment income, yet future sustainability and NAV stability remain unproven, warranting caution. The new management team and a 12.5% tender offer may improve sentiment, but their long-term impact on performance and discount narrowing is uncertain.

XFLT: A 14% Yield And A Deep NAV Discount, But Is The Distribution Sustainable?

CEF Weekly Review: XFLT Launches Promised Tender Offer

We review the CEF market valuation and performance through the fourth week of September and highlight recent market action. CEF sectors experienced broad declines in September, driven by rising long-term rates and significant discount widening, making current discounts notably attractive. Loan/CLO Equity CEF XFLT launched a tender offer for 12.5% of shares at a 2% discount.

CEF Weekly Review: XFLT Launches Promised Tender Offer

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

CHICAGO, Oct. 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 November 2, 2026, to common shareholders of record as of October 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

XAI Floating Rate & Alternative Income Trust Announces Commencement of Tender Offer

CHICAGO, Sept. 18, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (XFLT) (the “Fund”) announced today that the tender offer (the “Tender Offer”) to purchase for cash up 1,903,861 (approximately 12.5%) of the Fund's outstanding common shares of beneficial interest, par value $0.01 per share (“Common Shares”) commenced today, September 18, 2026 and will expire, unless otherwise extended, at one minute following 11:59 p.m., Eastern time, on Monday, October 19, 2026 (the “Expiration Date”). The purchase price for Common Shares purchased in the Tender Offer will be a price per Common Share equal to 98% of the Fund's net asset value (“NAV”) per Common Share, determined as of the close of the regular trading session of the New York Stock Exchange on the next day the NAV is calculated after the Expiration Date.

XAI Floating Rate & Alternative Income Trust Announces Commencement of Tender Offer

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

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