XAI Octagon Floating Rate & Alternative Income Term Trust

XAI Octagon Floating Rate & Alternative Income Term Trustverified

XFLT

Price:

$6.9

Market Cap:

$402.85M

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 PE Ratio as of September 2024 (TTM) for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 4.23

According to XAI Octagon Floating Rate & Alternative Income Term Trust’s latest financial reports and current stock price. The company's current PE Ratio is 4.23. This represents a change of 149.13% compared to the average of 1.70 of the last 4 quarters.

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Historical PE Ratio (quarterly & annually)

How has XFLT PE Ratio performed in the past?

The mean historical PE Ratio of XAI Octagon Floating Rate & Alternative Income Term Trust over the last ten years is -0.25. The current 4.23 PE Ratio has changed -171648.10% with respect to the historical average. Over the past ten years (40 quarters), XFLT's PE Ratio was at its highest in in the September 2021 quarter at 4.75. The PE Ratio was at its lowest in in the September 2019 quarter at -10.71.

Quarterly (TTM)
Annual

Average

-0.25

Median

0

Minimum

-19.28

Maximum

20.40

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

Discovering the peaks and valleys of XAI Octagon Floating Rate & Alternative Income Term Trust PE Ratio, 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 PE Ratio = 20.40

Minimum Annual Increase = -237.83%

Minimum Annual PE Ratio = -19.28

Quarterly (TTM)
Annual
YearPE RatioChange
20235.70-204.54%
2022-5.45-237.83%
20213.95-156.09%
2020-7.05-63.44%
2019-19.28-194.50%
201820.40Infinity%

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Average PE Ratio

How has XFLT PE Ratio performed in the past?

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

3-year avg

1.40

5-year avg

-4.43

10-year avg

-0.25

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) PE Ratio vs. Peers

How is XFLT’s PE Ratio compared to its peers?

XAI Octagon Floating Rate & Alternative Income Term Trust’s PE Ratio is less than Oxford Lane Capital Corp. (0), greater than Capital Southwest Corporation (2.77), less than Cornerstone Total Return Fund, Inc. (15.50), less than Cornerstone Strategic Value Fund, Inc. (5.82), less than Pimco Dynamic Income Opportunities Fund (5.20), greater than PIMCO Income Strategy Fund II (0), greater than MainStay CBRE Global Infrastructure Megatrends Fund (3.71), greater than PIMCO Corporate & Income Strategy Fund (0), less than Eagle Point Credit Company Inc. (6.96), less than Oxford Square Capital Corp. (8.06), less than Guggenheim Strategic Opportunities Fund (61.65), less than Carlyle Secured Lending, Inc. (7.33), less than Sixth Street Specialty Lending, Inc. (7.87), less than Hercules Capital, Inc. (10.00), less than BlackRock TCP Capital Corp. (10.61), greater than Trinity Capital Inc. (-16.69), less than null (7.97),

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