NYSE:XFLT
XAI Octagon Floating Rate & Alternative Stock News
$7.06
+0 (+0%)
At Close: May 24, 2024
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%.
CEF Weekly Review: We're Less Worried About High CEF Fees Now
11:48am, Saturday, 25'th Mar 2023
We review CEF market valuation and performance through the third week of March and highlight recent market action. Outside of preferred and MLP CEFs, the CEF space was broadly flat as lower Treasury y
Weekly Closed-End Fund Roundup: March 12, 2023
10:23am, Tuesday, 21'st Mar 2023
Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.
2 Dividends To Never Have To Work Again
11:00am, Monday, 20'th Mar 2023
One major worry for retirees is running out of money. It's a true but scary fact that most retirees see a massive income cut when they retire.
XFLT: 12% Yield And Other High-Yield Floating Rate Funds
09:15am, Sunday, 05'th Mar 2023
XFLT yields 12.64% and pays monthly. We cover several other monthly floating rate CEFs.
I'm Living The Retirement Dream, Paid With Big Dividends
11:00am, Tuesday, 10'th Jan 2023
Your retirement should be a time of enjoyment and not financial stress. Expenses and the need for money to pay them are two constants in life at any stage of the game.
My Income Portfolio's Year-End Check-Up
07:59am, Sunday, 01'st Jan 2023
Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to sur
XFLT: Coverage Improving, Attractive Monthly Distribution
04:59pm, Wednesday, 21'st Dec 2022
XFLT's latest annual report shows us what we expected, NII increased, meaning distribution coverage improved. With the price coming down, that naturally is increasing the distribution rate for shareho
4 Closed-End Fund Buys In The Month Of November 2022
11:35am, Tuesday, 13'th Dec 2022
The markets have added to the gains they started in October. I add to my investments every month; however, this month, I did quite a bit of movement with several positions I sold too.
99 Monthly Paying Dividend Stocks And 80 Funds For November
10:08pm, Tuesday, 22'nd Nov 2022
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These No
TBLD And XFLT: A Tale Of 2 Income Funds
12:41am, Monday, 31'st Oct 2022
Long-term, income-oriented investors have a unique opportunity to invest in 2 funds that offer a steady distribution with reasonable future total return potential. XFLT offers a 14% yield and may have