Company XAI Octagon Floating Rate & Alternative Income Trust

Equities

XFLT

US98400T1060

Closed End Funds

Real-time Estimate Cboe BZX 12:45:45 2024-05-02 pm EDT 5-day change 1st Jan Change
7.055 USD +0.50% Intraday chart for XAI Octagon Floating Rate & Alternative Income Trust +0.57% -1.68%

Business Summary

XAI Octagon Floating Rate & Alternative Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. Under normal market conditions, the Trust will invest at least 80% of managed assets in senior secured loans, collateralized loan obligation (CLO) debt and CLO equity. XA Investments LLC serves as the investment adviser to the Trust. The Trust’s sub-adviser is Octagon Credit Investors, LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
40 100.0 % 46 100.0 % +16.77%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
40 100.0 % 46 100.0 % +16.77%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 17-09-26
Director of Finance/CFO 62 17-09-26
Compliance Officer 50 17-09-26
General Counsel 43 18-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 17-09-26
Director/Board Member 72 17-09-26
Director/Board Member 54 17-09-26
Chief Executive Officer 60 17-09-26
Chairman 60 17-09-26
Director/Board Member - Dec. 31

Shareholders

NameEquities%Valuation
Eagle Point Credit Management LLC
6.755 %
3,546,854 6.755 % 25 M $
533,926 1.017 % 4 M $
484,646 0.9229 % 3 M $
Lido Advisors LLC (13F Subfiler)
0.4169 %
218,894 0.4169 % 2 M $
Claybrook Capital LLC
0.4083 %
214,393 0.4083 % 2 M $
UBS Financial Services, Inc.
0.3887 %
204,125 0.3887 % 1 M $
Cambridge Investment Research, Inc.
0.3203 %
168,215 0.3203 % 1 M $
Bard Associates, Inc.
0.3183 %
167,162 0.3183 % 1 M $
Chicago Partners Investment Group LLC
0.2773 %
145,608 0.2773 % 1 M $
Roumell Asset Management LLC
0.2693 %
141,432 0.2693 % 1 M $
NameEquities%Valuation
Karpus Management, Inc.
15.99 %
255,122 15.99 % 6 M $
8,000 0.5013 % 198 800 $

Company contact information

XAI Octagon Floating Rate Alternative Income Term Trust

321 North Clark Street Suite 2430

60654, Chicago

+312 374 6930

address XAI Octagon Floating Rate & Alternative Income Trust(XFLT)

Group companies

NameCategory and Sector
Investment Trusts/Mutual Funds
  1. Stock Market
  2. Equities
  3. XFLT Stock
  4. Company XAI Octagon Floating Rate & Alternative Income Trust