XAI Octagon Floating Rate and Alternative Income Trust

XFLT

Market cap $281M

CHICAGO, June 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon 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 July 1, 2026, to common shareholders of record as of June 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.

CHICAGO, May 20, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC, a Chicago-based alternative investment management and consulting firm, announced the availability of the firm's first generative artificial intelligence capability for its consulting clients and research subscribers. XA Investments built YOGI, a proprietary GenAI research tool designed to transform how business development and product strategists analyze competitor funds and design new evergreen products for the private wealth marketplace.

I maintain a sell rating on XAI Octagon Floating Rate & Alternative Income Trust due to persistent NAV erosion and structural weaknesses. XFLT trades at a deep ~19% discount to NAV, reflecting poor performance and high risk, despite a 14.1% yield post-reverse split. Leverage remains aggressive at 39%, with limited transparency on credit quality and significant exposure to troubled sectors.

XAI Octagon Floating Rate & Alternative Income Trust is rated Hold due to rising inflation and elevated default risks in leveraged loans. XFLT's portfolio is heavily weighted to senior secured first lien loans (46.53%) and CLO equity (34.83%), amplifying both return potential and risk. Fed policy uncertainty and persistent inflation, driven by energy shocks from Middle East conflict, may present greater risk to interest payments by issuers, potentially impacting XFLT's cash flows.

Reflects XA Investments Continued Focus on Evergreen Alternative Investment Funds Reflects XA Investments Continued Focus on Evergreen Alternative Investment Funds

CHICAGO, May 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon 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 June 1, 2026, to common shareholders of record as of May 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 Octagon Floating Rate & Alternative Income Tr (XFLT) Discusses Trust Developments, CLO and Loan Market Conditions, and Reverse Stock Split Transcript

The higher yields we choose, the more risks we introduce in our portfolios. Usually, the double-digit level is the tipping point from which the risks start to increase exponentially. The 14%+ yielding zone is very dangerous (packed with many landmines and only few areas of safety).

CHICAGO, April 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.225 per common share on the Trust's common shares (NYSE: XFLT), payable on May 1, 2026, to common shareholders of record as of April 15, 2026, as noted below. With the new distribution amount of $0.225 per share, the Trust's annualized distribution rate on market price is 15.72%, and the annualized distribution rate on NAV is 12.11% as of market close on March 31, 2026, respectively.

In Q1, the narrative that we had at the start of the year has completely changed. The market has stopped chatting about new record highs and started to dig deep to find areas of shelter. The 11%+ yield territory is probably the last thing that would come to retirement income investors' minds when thinking about protection.