NYSE:XFLT

Xai Octagon Floating Rate & Alternative Income Term Trust Of Beneficial Interest Stock News

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$17.74
-0.290 (-1.61%)
At Close: Jul 13, 2026

XFLT: Dynamic Approach To An 11.33% Yield

11:32am, Tuesday, 22'nd Dec 2020
XFLT recently boosted its distribution back to pre-Covid crash levels. With this change, they also implemented a investment policy change to favor holding more CLOs.
CEFs are a must have tool in any income portfolio. The rotation from growth to value is happening, driving up prices of value investments.

The Month In Closed-End Funds: October 2020

09:16am, Friday, 06'th Nov 2020
For the second consecutive month, equity CEFs on average posted negative returns, declining 0.41% on a NAV basis for October. While for the seventh month in a row, fixed income CEFs witnessed returns
XFLT raised its distribution again after reducing it as a precautionary measure during the COVID-19 crisis. Now the fund yields over 12%. Senior secured loan values have shown strength in returning to
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