XAI Octagon Floating Rate & Alternative Income Term Trust

XAI Octagon Floating Rate & Alternative Income Term Trustverified

XFLT

Price:

$6.96

Market Cap:

$406.35M

XAI Octagon Floating Rate Alternative Income Term Trust is a diversified, closed-end management investment company. It invests invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The company was founded on September 27, 2017 and is headquartered in Chicago, IL.[Read more]

Industry

Asset Management - Income

IPO Date

2017-10-09

Stock Exchange

NYSE

Ticker

XFLT

The Dividend Yield as of November 2024 (TTM) for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 14.66%

According to XAI Octagon Floating Rate & Alternative Income Term Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 14.66%. This represents a change of 128.82% compared to the average of 6.40% of the last 4 quarters.

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Historical Dividend Yield (quarterly & annually)

How has XFLT Dividend Yield performed in the past?

The mean historical Dividend Yield of XAI Octagon Floating Rate & Alternative Income Term Trust over the last ten years is 8.78%. The current 14.66% Dividend Yield has changed 66.85% with respect to the historical average. Over the past ten years (40 quarters), XFLT's Dividend Yield was at its highest in in the March 2020 quarter at 7.82%. The Dividend Yield was at its lowest in in the March 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

8.78%

Median

9.78%

Minimum

0%

Maximum

12.25%

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of XAI Octagon Floating Rate & Alternative Income Term Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Dividend Yield = 12.25%

Minimum Annual Increase = -18.06%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
202312.14%-0.95%
202212.25%25.26%
20219.78%-18.06%
202011.94%42.63%
20198.37%19.48%
20187.00%Infinity%

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Average Dividend Yield

How has XFLT Dividend Yield performed in the past?

The current Dividend Yield of XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

11.39%

5-year avg

10.90%

10-year avg

8.78%

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Dividend Yield vs. Peers

How is XFLT’s Dividend Yield compared to its peers?

XAI Octagon Floating Rate & Alternative Income Term Trust’s Dividend Yield is less than Oxford Lane Capital Corp. (0%), less than Capital Southwest Corporation (19.35%), less than Cornerstone Total Return Fund, Inc. (10.86%), less than Cornerstone Strategic Value Fund, Inc. (13.96%), less than Pimco Dynamic Income Opportunities Fund (12.35%), less than PIMCO Income Strategy Fund II (11.29%), less than MainStay CBRE Global Infrastructure Megatrends Fund (11.50%), less than PIMCO Corporate & Income Strategy Fund (11.05%), less than Eagle Point Credit Company Inc. (9.64%), less than Oxford Square Capital Corp. (21.22%), less than Guggenheim Strategic Opportunities Fund (16.03%), less than Carlyle Secured Lending, Inc. (13.78%), less than Sixth Street Specialty Lending, Inc. (11.04%), less than Hercules Capital, Inc. (7.94%), less than BlackRock TCP Capital Corp. (9.81%), less than Trinity Capital Inc. (17.79%), less than null (14.16%),

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Frequently asked questions❓

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