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

Company Profile

XAI Octagon Floating Rate & Alternative Income Term 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, CLO debt and CLO equity. The Trust seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. There can be no assurance that the Trust will achieve its investment objective, and you could lose some or all of your investment.

Company profile

Ticker

XFLT, XFLT-PA

Exchange

NYSE

Website

www.xainvestments.com/funds/funds-floating-rate-alternative-income-term-trust-xflt

CEO

Theodore Brombach

Incorporated

Delaware

Location

Illinois

Fiscal year end

Sep 30

Sector

Miscellaneous > Investment Trusts/Mutual Funds

Former names

XAI Octagon Floating Rate Alternative Income Term Trust, XAI Octagon Floating Rate Income & Credit Alternative Trust

SEC CIK

0001703079

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Material Contracts & Credit Agreements

XFLT stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Unregistered Sales of Equity Securities

6 Jan 23

N-CEN

Annual report (registered investment company)

14 Dec 22

N-CSR

Certified annual shareholder report (management investment company)

1 Dec 22

N-PX

Annual report of proxy voting record

16 Aug 22

424B2

Prospectus for primary offering

5 Jul 22

8-K

Entry into a Material Definitive Agreement

29 Jun 22

424B2

Prospectus for primary offering

29 Jun 22

424B2

Prospectus for primary offering

28 Jun 22

N-CSRS

Certified semi-annual shareholder report (management investment company)

26 May 22

DEF 14A

Definitive proxy

13 Apr 22

Transcripts

XFLT

Earnings call transcript

2022 Q2

18 Aug 22

XFLT

Earnings call transcript

2022 Q1

26 May 22

XFLT

Earnings call transcript

2021 Q2

17 Aug 21

Latest ownership filings

View all

John Yogi Spence

23 Dec 22

NPORT-P

XAI Octagon Floating Rate & Alternative Income Term Trust (Sep 2022 report)

Funds

Data from SEC filings

Series	Ticker	%Monthly Return ?			$Assets	#Holdings	As of
XAI Octagon Floating Rate & Alternative Income Term Trust	–	4.96	-2.70	-13.94	406.23 mm	470	Sep 2022

Institutional ownership, Q3 2022

XFLT institutional ownership history Ownership history

8.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	44	45	-2.2%
Opened positions	7	7	–
Closed positions	8	3	+166.7%
Increased positions	11	20	-45.0%
Reduced positions	13	9	+44.4%

13F shares	Current	Prev Q	Change
Total value	18.42 mm	23.95 mm	-23.1%
Total shares	2.86 mm	3.92 mm	-27.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Eagle Point Credit Management	476.06 k	$4.24 mm	0.0%
LPL Financial	334.22 k	$1.99 mm	-5.0%
Belpointe Asset Management	238.42 k	$1.42 mm	-7.5%
UBS UBS Group AG - Registered Shares	218.34 k	$1.30 mm	+4.3%
Claybrook Capital	197.77 k	$1.18 mm	0.0%
Bard Associates	191.71 k	$1.15 mm	-0.2%
RY Royal Bank Of Canada	103.28 k	$614.00 k	-5.9%
Virtus ETF Advisers	85.49 k	$508.00 k	-5.9%
PNC PNC Financial Services	83.36 k	$496.00 k	-8.2%
National Asset Management	72.97 k	$434.00 k	+30.6%

Largest transactions	Shares	Bought/sold	Change
Castleview Partners	2.13 k	-1.02 mm	-99.8%
MS Morgan Stanley	52.11 k	-69.09 k	-57.0%
Landscape Capital Management, L.L.C.	50.53 k	+50.53 k	NEW
B. Riley Wealth Management	0.00	-24.83 k	EXIT
Belpointe Asset Management	238.42 k	-19.20 k	-7.5%
LPL Financial	334.22 k	-17.62 k	-5.0%
Cambridge Investment Research Advisors	0.00	-17.44 k	EXIT
National Asset Management	72.97 k	+17.10 k	+30.6%
CoreCap Advisors	0.00	-15.40 k	EXIT
Atria Wealth Solutions	14.82 k	+14.82 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

XFLT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Dec 22	John Yogi Spence	Common Shares of Beneficial Ownership	Buy	Acquire P	No	No	6.33	500	3.17 k	515,996.797
11 Nov 22	John Yogi Spence	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.67	3,050	20.34 k	15,050
11 Nov 22	Brombach Theodore J	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.67	3,050	20.34 k	15,050
10 Nov 22	John Yogi Spence	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.65	355	2.36 k	12,000
10 Nov 22	John Yogi Spence	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.64	754	5.01 k	11,645
10 Nov 22	John Yogi Spence	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.63	891	5.91 k	10,891
10 Nov 22	Brombach Theodore J	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.65	355	2.36 k	12,000
10 Nov 22	Brombach Theodore J	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.64	754	5.01 k	11,645
10 Nov 22	Brombach Theodore J	Common Shares of Beneficial Ownership	Buy	Acquire P	Yes	No	6.63	891	5.91 k	10,891

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

XAI Octagon FR & Alt Inc: Dividend Insights

10 Jan 23

Press releases

From Benzinga Pro

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

1 Feb 23

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on March 1, 2023 to common

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

3 Jan 23

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

1 Dec 22

XAI Octagon Floating Rate & Alternative Income Term Trust Will Host Q3 2022 Quarterly Webinar on December 1, 2022

28 Nov 22