XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
7.10
+0.10
(+1.43%)
USD |
NYSE |
Apr 17, 16:00
7.10
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 8.49% | 2.34% | 305.60M | 392917.3 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 14.37% | 29.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL Index TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | XA Investments LLC |
| Prospectus Benchmark Index | |
| Morningstar LSTA US LL100 Index TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Gretchen Lam | 6.51 yrs |
| Michael Nechamkin | 6.51 yrs |
| Sean Gleason | 1.50 yrs |
| Lauren Law | 0.25 yrs |
Performance Versus Category
As of April 16, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 16, 2024.
Basic Info
| Investment Strategy | |
| The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL Index TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | XA Investments LLC |
| Prospectus Benchmark Index | |
| Morningstar LSTA US LL100 Index TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Gretchen Lam | 6.51 yrs |
| Michael Nechamkin | 6.51 yrs |
| Sean Gleason | 1.50 yrs |
| Lauren Law | 0.25 yrs |