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

NYSE Financial Services Asset Management - Income
$17.79 ▲ +0.79%
Market Cap
$271.0M
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.55
52-Wk Range
14.925-28.55
CEO
Benjamin David Mcculloch
Country
US
Currency
USD

Operating as a diversified, closed-end investment trust, XAI Octagon Floating Rate & Alternative Income Term Trust focuses its capital allocation on a dynamically managed portfolio. This portfolio primarily comprises floating-rate credit instruments and various other structured credit investments sourced from private markets. The Trust was established on September 27, 2017, and maintains its headquarters in Chicago, Illinois.

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