XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
After hours:
| Previous close | 7.07 |
| Open | 7.08 |
| Bid | 7.04 x 800 |
| Ask | 7.16 x 3200 |
| Day's range | 7.05 - 7.10 |
| 52-week range | 6.41 - 7.76 |
| Volume | |
| Avg. volume | 438,500 |
| Market cap | 389.395M |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 4.34 |
| EPS (TTM) | 1.63 |
| Earnings date | N/A |
| Forward dividend & yield | 1.02 (15.72%) |
| Ex-dividend date | 13 Oct 2023 |
| 1y target est | N/A |
GlobeNewswireXA Investments to Become Investment Adviser to Madison Investments Closed-End Fund and Will Retain Madison Investments as Portfolio Manager
Reflects Increasing Investor Demand for Equity Income FundsCHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- XA Investments (XAI), an alternative investment management and consulting firm, announced the pending transaction, by which XAI will become investment adviser to the Madison Covered Call & Equity Strategy Fund (NYSE: MCN), a $146 million listed closed-end fund. The agreement between XAI and MCN is subject to approval by MCN shareholders. Notably, Madison Investments will maintain portfolio manag
Business WireXAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend
CHICAGO, July 01, 2024--XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust’s common shares (NYSE: XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust’s 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA).
Business WireXAI Octagon Floating Rate & Alternative Income Trust Announces Agreement for Private Placement of Convertible Preferred Shares
CHICAGO, June 10, 2024--XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of 1,800,000 shares of the Trust’s 6.95% Series II 2029 Convertible Preferred Shares due Decemb
