XAI Octagon Floating Rate & Alternative Income Trust Share Price

Equities

XFLT

US98400T1060

Closed End Funds

Real-time Estimate Cboe BZX 09:36:42 29/04/2024 pm IST 5-day change 1st Jan Change
7.015 USD -0.07% Intraday chart for XAI Octagon Floating Rate & Alternative Income Trust +0.43% -1.68%
Sales 2023 * 55.35M 4.62B Sales 2024 * 60.68M 5.06B Capitalization 369M 30.75B
Net income 2023 * 45M 3.75B Net income 2024 * 36M 3B EV / Sales 2023 * 6.66 x
Net cash position 2023 * - 0 Net cash position 2024 * - 0 EV / Sales 2024 * 6.07 x
P/E ratio 2023 *
5.95 x
P/E ratio 2024 *
8.46 x
Employees -
Yield 2023 *
13.5%
Yield 2024 *
14.7%
Free-Float 0%
More Fundamentals * Assessed data
Dynamic Chart
Xai Octagon Floating Rate & Alternative Income Trust Declares Its Monthly Common Shares Distribution, Payable on May 1, 2024 CI
Transcript : XAI Octagon Floating Rate & Alternative Income Trust, Q4 2023 Earnings Call, Feb 29, 2024
XAI Octagon Floating Rate & Alternative Income Trust Declares Regular Monthly Distribution, Payable on March 1, 2024 CI
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Monthly Common Shares Distribution, Payable on February 1, 2024 CI
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Monthly Common Shares Distribution, Payable on December 28, 2023 CI
Transcript : XAI Octagon Floating Rate & Alternative Income Term Trust, Q3 2023 Earnings Call, Nov 30, 2023
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Regular Monthly Distribution, Payable on December 1, 2023 CI
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Regular Monthly Distribution of the Trust?S Common Shares, Payable Date on November 1, 2023 CI
B. Riley Lifts XAI Octagon Floating's Price Target to $8 From $7.50, Keeps Buy Rating MT
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Monthly Common Shares Distribution, Payable on October 2, 2023 CI
Transcript : XAI Octagon Floating Rate & Alternative Income Term Trust, Q2 2023 Earnings Call, Aug 22, 2023
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Regular Monthly Distribution, Payable on September 1, 2023 CI
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Regular Monthly Distribution, Payable Date of August 1, 2023 CI
B. Riley Trims XAI Octagon Floating Rate & Alternative Income Term Trust's PT to $7.50 From $8 Due to Recent Net Asset Value Pressure, Keeps Buy Rating MT
XAI Octagon Floating Rate & Alternative Income Term Trust Declares Regular Monthly Distribution, Payable on July 3, 2023 CI
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Latest transcript on XAI Octagon Floating Rate & Alternative Income Trust

1 day-0.07%
1 week+0.43%
Current month-0.99%
1 month-0.99%
3 months-3.04%
6 months+2.63%
Current year-1.68%
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1 week
6.96
Extreme 6.96
7.07
1 month
6.93
Extreme 6.93
7.16
Current year
6.93
Extreme 6.93
7.76
1 year
6.01
Extreme 6.01
7.76
3 years
5.90
Extreme 5.9
9.85
5 years
3.67
Extreme 3.67
9.85
10 years
3.67
Extreme 3.67
12.50
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Managers TitleAgeSince
Chief Executive Officer 60 27/17/27
Director of Finance/CFO 62 27/17/27
Compliance Officer 50 27/17/27
Members of the board TitleAgeSince
Director/Board Member 62 27/17/27
Director/Board Member 72 27/17/27
Director/Board Member 54 27/17/27
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Date Price Change Volume
26/24/26 7.02 +0.14% 350 418
25/24/25 7.01 +0.43% 484,001
24/24/24 6.98 -0.14% 343,449
23/24/23 6.99 +0.29% 275,483
22/24/22 6.97 -0.29% 381,927

End-of-day quote Nyse, April 26, 2024

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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.
More about the company
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
7.02 USD
Average target price
7.75 USD
Spread / Average Target
+10.40%
Consensus

Annual profits - Rate of surprise