$18.29
-0.190 (-1.03%)
At Close: Jun 03, 2026
The Month In Closed-End Funds: August 2023
01:01pm, Friday, 08'th Sep 2023
For the first month in three, both equity (-1.98% on a NAV basis) and fixed-income CEFs (-0.54%) on average suffered losses. At month end, 12% of all CEFs traded at a premium to their NAV, with 13% of
XFLT: DRIP At A Discount To Stream Your Income Into A River Of Cash
02:00pm, Monday, 28'th Aug 2023
XAI Octagon Floating Rate & Alternative Income Term Trust has increased its distribution by 16% and now offers a high yield of 15% annually. The closed-end fund's dividend reinvestment plan, or DRIP,
XFLT: Is Its Premium Warranted?
08:47am, Thursday, 24'th Aug 2023
The XAI Octagon Floating Rate & Alternative Income Term Trust is trading at a premium, which requires attention. XFLT's overwhelming exposure to cyclical credit is concerning, given the nature of the
The Month In Closed-End Funds: July 2023
03:12pm, Saturday, 05'th Aug 2023
For the second consecutive month, equity CEFs (+2.69% on a NAV basis) on average chalked up plus-side performance while their fixed income CEF cohorts (+1.03%) also posted gains. At month end, 13% of
XFLT And My Other Top 10 Holdings
06:15am, Monday, 17'th Jul 2023
XFLT And My Other Top 10 Holdings
The Month In Closed-End Funds: June 2023
03:36am, Saturday, 08'th Jul 2023
In June, 92% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with average returns of 3.57% for equity CEFs and 1.63% for fixed income CEFs. The Natural Resource
CEF Weekly Review: Analysis Mistakes Can Lead Investors Astray
09:58pm, Saturday, 01'st Jul 2023
We review CEF market valuation and performance through the fourth week of June and highlight recent market action. CEFs gave back some of their previous rallies as risk sentiment pulled back. We take
CEF Weekly Review: Watch Out For CEF Triple Whammies
01:59am, Saturday, 24'th Jun 2023
We review CEF market valuation and performance through the third week of June and highlight recent market action. CEFs were mostly up on the week due to improving risk sentiment. We discuss a common C
Earn +15% By Buying Assets At A Discount: XFLT
07:35am, Tuesday, 20'th Jun 2023
Investing in CEFs can be confusing. It doesn't have to be. XFLT is buying investments at a discount to PAR, creating a strong upside. Having a method can help keep you safe.
XFLT: A Look At The Latest Report
10:32pm, Saturday, 10'th Jun 2023
XAI Octagon Floating Rate & Alternative Income Term Trust's semi-annual report shows strong distribution coverage, despite a decline in the latest quarter. The fund has a distribution yield of 15.53%
Weekly Closed-End Fund Roundup: XFLT Distribution Boost (May 7, 2023)
11:53am, Thursday, 18'th May 2023
6 out of 22 CEF sectors positive on price and 10 out of 22 sectors positive on NAV last week. XFLT boosts distribution by +16.44%.
The Month In Closed-End Funds: April 2023
06:19am, Friday, 05'th May 2023
For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive mont
XFLT: CLO Fund Delivers 3% Annual Total Returns Since Inception, Here Is Why
03:08pm, Monday, 17'th Apr 2023
XFLT: CLO Fund Delivers 3% Annual Total Returns Since Inception, Here Is Why
My Income Portfolio - Keep It Simple, Sweetheart
11:59am, Monday, 03'rd Apr 2023
The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks.
XFLT: Coverage Jumps, Fully Covered 13.99% Distribution Yield
09:53pm, Monday, 27'th Mar 2023
XFLT is benefiting from higher interest rates, even if the share price doesn't seem to reflect this. Their latest quarterly report shows distribution coverage climbing to 119%.
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