XAI Octagon Floating Rate & Alternative Income Term Trust

XAI Octagon Floating Rate & Alternative Income Term Trustverified

XFLT

Price:

$6.8999

Market Cap:

$402.84M

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 ROE as of September 2024 (TTM) for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 20.60%

According to XAI Octagon Floating Rate & Alternative Income Term Trust’s latest financial reports and current stock price. The company's current ROE is 20.60%. This represents a change of 488.19% compared to the average of 3.50% of the last 4 quarters.

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

How has XFLT ROE performed in the past?

The mean historical ROE of XAI Octagon Floating Rate & Alternative Income Term Trust over the last ten years is 0.31%. The current 20.60% ROE has changed 6.57% with respect to the historical average. Over the past ten years (40 quarters), XFLT's ROE was at its highest in in the September 2020 quarter at 32.26%. The ROE was at its lowest in in the March 2020 quarter at -63.02%.

Quarterly (TTM)
Annual

Average

0.31%

Median

0%

Minimum

-16.17%

Maximum

16.23%

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

Discovering the peaks and valleys of XAI Octagon Floating Rate & Alternative Income Term Trust ROE, 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 ROE = 16.23%

Minimum Annual Increase = -225.31%

Minimum Annual ROE = -16.17%

Quarterly (TTM)
Annual
YearROEChange
202315.63%-196.65%
2022-16.17%-199.63%
202116.23%-225.31%
2020-12.96%129.43%
2019-5.65%-211.35%
20185.07%Infinity%

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

How has XFLT ROE performed in the past?

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

3-year avg

5.23%

5-year avg

-0.58%

10-year avg

0.31%

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

How is XFLT’s ROE compared to its peers?

XAI Octagon Floating Rate & Alternative Income Term Trust’s ROE is less than Oxford Lane Capital Corp. (0%), less than Capital Southwest Corporation (38.73%), less than Cornerstone Total Return Fund, Inc. (10.11%), less than Cornerstone Strategic Value Fund, Inc. (20.06%), less than Pimco Dynamic Income Opportunities Fund (20.74%), less than PIMCO Income Strategy Fund II (2.13%), less than MainStay CBRE Global Infrastructure Megatrends Fund (27.53%), less than PIMCO Corporate & Income Strategy Fund (2.21%), less than Eagle Point Credit Company Inc. (17.83%), less than Oxford Square Capital Corp. (15.41%), less than Guggenheim Strategic Opportunities Fund (1.89%), less than Carlyle Secured Lending, Inc. (16.69%), less than Sixth Street Specialty Lending, Inc. (11.78%), less than Hercules Capital, Inc. (12.76%), less than BlackRock TCP Capital Corp. (15.61%), greater than Trinity Capital Inc. (-5.75%), less than null (14.00%),

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