XFLT Declares Monthly Dividend of $0.077 with 16.18% Yield
AinvestFriday, May 2, 2025 12:22 pm ET
1min readXAI Octagon Floating Rate & Alternative Income Trust (XFLT) has declared a monthly dividend of $0.077 per share, payable on June 2. The trust offers a robust forward yield of 16.18%. To qualify, investors must be on record by May 15, which is also the ex-dividend date. This positions XFLT as a strong income-generating option for investors seeking high-yield opportunities.
The XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has announced a monthly dividend of $0.077 per share, payable on June 2, 2025. This dividend represents a robust forward yield of 16.18%, making it an attractive option for investors seeking high-yield opportunities [2].To qualify for the dividend, investors must be on record by May 15, 2025, which is also the ex-dividend date. The distribution will be paid from net investment income, capital gains, and/or a return of capital [2]. Investors should note that the specific tax characteristics of the distributions will be reported on Form 1099 after the end of the 2025 calendar year [2].
The Trust focuses on generating attractive total returns with an emphasis on income generation across credit cycles. Under normal conditions, at least 80% of its Managed Assets are invested in floating rate credit instruments and other structured credit investments [2]. The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle [2].
The XAI Octagon Floating Rate & Alternative Income Trust is managed by XAI Investments LLC, a Chicago-based firm founded by XMS Capital Partners in 2016. The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT,” and the Trust’s Series 2026 Term Preferred Shares are traded under the symbol “XFLTPRA” [2].
Investors should carefully consider the investment objectives and policies, risk considerations, charges, and expenses of the Trust before investing. For more information, please visit the Trust’s webpage at www.xainvestments.com [2].
References:
[1] Nasdaq Dividend History
[2] XAI Octagon Floating Rate & Alternative Income Trust Declares $0.077 Dividend
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