XFLT - XAI Octagon Floating Rate & Alternative Income Term Trust

NYSE - NYSE Delayed Price. Currency in USD
7.99
+0.04 (+0.54%)
At close: 3:55PM EST
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Previous Close7.95
Open8.00
Bid7.96 x 1000
Ask8.03 x 1200
Day's Range7.96 - 8.01
52 Week Range6.96 - 9.68
Volume60,326
Avg. Volume82,639
Market Cap81M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.88 (10.53%)
Ex-Dividend Date2019-11-14
1y Target EstN/A
  • Business Wire

    XAI Octagon Floating Rate & Alternative Income Term Trust Prices Public Offering of Common Shares

    XAI Octagon Floating Rate & Alternative Income Term 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 priced its previously announced underwritten public offering of common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust agreed to sell 960,000 Common Shares at a price to the public of $8.36 per Common Share. In addition, the Trust has granted the underwriters a 45-day option to purchase up to 144,000 additional Common Shares to cover over-allotments, if any.

  • Business Wire

    XAI Octagon Floating Rate & Alternative Income Term Trust Increases its Monthly Distribution to $0.073 per Share

    XAI Octagon Floating Rate & Alternative Income Term Trust has declared its regular monthly distribution of $0.073 per share on the Trust’s common shares, payable on June 3, 2019 to common shareholders of record as of May 15, 2019, as noted below.