$17.91
Closed
-(-)

At close

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About

Xai Octagon Floating Rate & Alternative Income Trust is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2017-09-27. XAI Octagon Floating Rate & Alternative Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The 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, collateralized loan obligation (CLO) debt and CLO equity. XA Investments LLC serves as the investment adviser to the Trust. The Trust’s sub-adviser is Octagon Credit Investors, LLC.
Country

US

CEO

-

IPO date

2017

Employees

0

ISIN

US98400T3041

Key stats

Open

$17.55

Volume

74.34K

Market cap

$265.63M

Prev. close

$17.91

Impl / hst vl

-

Open interest

$0.00

$17.55

Day’s Range

$18.10

$2.99

52W Range

$19.48

Valuation

Aug

3

Dividends

The next payment date will be Aug 3, 2026

Div. per Share

$0.23

Div. Yield

1.26%

Payout Ratio

-

Div. Growth YoY

-66.67%

Analysts estimates

Consensus rating
Buy

The average rating from top 4 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$8.16
The top 3 analysts forecasts that 12-month price may decrease by 54.44%, with a low of $8.08 and a high of $8.40
$8.08
Low
$8.16
Avg
$8.40
High
Current price

Earnings

Revenue
Net income
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