xa investments llc (“xai”) is a chicago-based firm founded by xms capital partners, llc, (“xms”) in april, 2016. the xai leadership team believes that investors need better access to a broader range of alternative investment strategies and managers. to provide investors with institutional-caliber investment expertise, xai partners with established alternative asset managers selected from elite alternative credit managers, hedge fund managers and private debt and equity firms. our proprietary alternative registered trust (art)™ platform represents a differentiated approach to alternatives investing by offering institutional-caliber alternatives in vehicles that are specifically tailored to meet the needs of financial advisors and their clients. xms, established in 2006, is a global, independent financial services firm providing m&a;, corporate advisory and asset management services to clients. the firm focuses on building trusted relationships with its clients, many of which have been w
Company profile
Ticker
XFLT, XFLT-PA
Exchange
Website
CEO
Theodore Brombach
Employees
Incorporated
Location
Fiscal year end
Former names
XAI Octagon Floating Rate Alternative Income Term Trust, XAI Octagon Floating Rate Income & Credit Alternative Trust
SEC CIK
XFLT stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
12 Apr 24
8-K
Entry into a Material Definitive Agreement
8 Apr 24
8-K
Unregistered Sales of Equity Securities
4 Apr 24
8-K
Unregistered Sales of Equity Securities
28 Feb 24
8-K
Unregistered Sales of Equity Securities
14 Feb 24
424B2
Prospectus for primary offering
9 Feb 24
8-K
XAI Octagon Floating Rate & Alternative Income Trust Announces Registered Direct Placement of Common Shares
2 Feb 24
424B2
Prospectus for primary offering
2 Feb 24
424B2
Prospectus for primary offering
2 Feb 24
8-K
XAI Octagon Floating Rate & Alternative Income Term Trust Announces Shareholder Approval of Important Proposals
25 Jan 24
Latest ownership filings
NPORT-P
XAI Octagon Floating Rate & Alternative Income Term Trust (Dec 2023 report)
26 Feb 24
SC 13G/A
Karpus Management, Inc.
13 Feb 24
SC 13G
Eagle Point Credit Management LLC
8 Feb 24
3
William T. Meyers
3 Jan 24
4
John Yogi Spence
13 Dec 23
4
Theodore J Brombach
13 Dec 23
4
Benjamin McCulloch
13 Dec 23
4
Kimberly Ann Flynn
13 Dec 23
4
John Yogi Spence
6 Dec 23
4
Theodore J Brombach
6 Dec 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
XAI Octagon Floating Rate & Alternative Income Term Trust | – | 2.81 | 3.05 | 2.01 | 542.58 mm | 511 | Sep 2023 |
Institutional ownership, Q4 2023
5.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 44 |
Opened positions | 7 |
Closed positions | 13 |
Increased positions | 16 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 14.43 bn |
Total shares | 2.12 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
LPL Financial | 320.27 k | $2.29 bn |
UBS UBS Group AG - Registered Shares | 208.07 k | $1.49 bn |
Bard Associates | 167.16 k | $1.19 bn |
Chicago Partners Investment | 145.61 k | $1.04 bn |
Roumell Asset Management | 141.43 k | $1.01 bn |
Belpointe Asset Management | 106.43 k | $759.88 mm |
Virtus ETF Advisers | 94.78 k | $676.74 mm |
CastleKnight Management | 93.00 k | $664.02 mm |
All Season Financial Advisors | 79.10 k | $564.79 mm |
Private Advisor | 71.47 k | $510.27 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Dec 23 | Brombach Theodore J | Common Shares of Beneficial Ownership | Buy | Acquire P | Yes | No | 7.05 | 825 | 5.82 k | 19,326.57 |
12 Dec 23 | John Yogi Spence | Common Shares of Beneficial Ownership | Buy | Acquire P | Yes | No | 7.05 | 825 | 5.82 k | 19,326.57 |
11 Dec 23 | Kimberly Ann Flynn | Common Shares of Beneficial Interest | Other | Acquire J | No | No | 0 | 2,400 | 0.00 | 40,200 |
11 Dec 23 | Brombach Theodore J | Common Shares of Beneficial Ownership | Other | Dispose J | Yes | No | 0 | 5,409 | 0.00 | 18,501.57 |
11 Dec 23 | Benjamin McCulloch | Common Shares of Beneficial Interest | Other | Acquire J | No | No | 0 | 2,209 | 0.00 | 3,661.078 |
11 Dec 23 | John Yogi Spence | Common Shares of Beneficial Ownership | Other | Dispose J | Yes | No | 0 | 5,409 | 0.00 | 18,501.57 |
Press releases
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share
1 May 24
Kimberly Flynn Promoted to President of XA Investments LLC
11 Apr 24
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend
1 Apr 24
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share
1 Mar 24
XAI Octagon Floating Rate & Alternative Income Trust Will Host Q4 2023 Quarterly Webinar on February 29, 2024
21 Feb 24