XAI Octagon Floating Rate & Alternative Income Term Trust Common Shares of Beneficial Interest (N:XFLT)

Feb 14, 2020 04:20 pm ET
XAI Octagon Floating Rate & Alternative Income Term Trust Announces Portfolio Management Change
XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has announced today portfolio management changes.
Nov 19, 2019 04:01 pm ET
XAI Octagon Floating Rate & Alternative Income Term Trust Closes Public Offering of Common Shares
XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has closed its previously announced underwritten public offering of 960,000 common shares of beneficial interest (“Common Shares”) at an offering price of $8.36 per Common Share. In connection with the offering, the underwriters partially exercised the over-allotment option to purchase 138,500 additional Common Sh
Nov 15, 2019 08:53 am ET
XAI Octagon Floating Rate & Alternative Income Term Trust Prices Public Offering of Common Shares
XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has priced its previously announced underwritten public offering of common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust agreed to sell 960,000 Common Shares at a price to t
Nov 14, 2019 04:58 pm ET
XAI Octagon Floating Rate & Alternative Income Term Trust Commences Public Offering of Common Shares
XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has announced that it has commenced an underwritten public offering of 1,200,000 common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust also intends to grant the underwriters
May 01, 2019 04:01 pm ET
XAI Octagon Floating Rate & Alternative Income Term Trust Increases its Monthly Distribution to $0.073 per Share
XAI Octagon Floating Rate & Alternative Income Term Trust (“XFLT” or the “Trust”) has declared its regular monthly distribution of $0.073 per share on the Trust’s common shares, payable on June 3, 2019 to common shareholders of record as of May 15, 2019, as noted below. The amount of the distribution represents a 5.8% increase from the previous month’s distribution amount of $0.069 per share.
Jul 02, 2018 04:00 pm ET
XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Ninth Monthly Distribution
XAI Octagon Floating Rate & Alternative Income Term Trust (“XFLT” or the “Trust”) has declared its regular monthly distribution of $0.0690 per share on the Trust’s common shares, payable on August 1, 2018 to common shareholders of record as of July 16, 2018. The distribution represents the ninth consecutive monthly distribution of $0.0690 per share on the Trust’s common shares.
Nov 01, 2017 05:18 pm ET
XAI Octagon Floating Rate & Alternative Income Term Trust Announces Initial Distribution
XAI Octagon Floating Rate & Alternative Income Term Trust (“XFLT” or the “Trust”) is pleased to announce the declaration of its initial monthly distribution of $0.0690 per share on the Trust’s common shares, payable on December 1, 2017 to common shareholders of record as of November 15, 2017, as noted below. Based on the Trust’s initial public offering price of $10.00 per share, the distribution represents an annualized distribution rate of approximately 8.28%.