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home / news releases / XFLT - Sponsored Dividend Reinvestment Plans Can Allow For Discounted CEF Shares

XFLT - Sponsored Dividend Reinvestment Plans Can Allow For Discounted CEF Shares

XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest
  • This is one way closed-end funds can grow their total share count, contrary to the "closed" part of their structure.
  • When utilizing a dividend reinvestment plan or DRIP, it is generally a win-win-win scenario for all involved.
  • Many DRIPs are implemented in the same manner, with the usual discount if trading at a premium.

For further details see:

Sponsored Dividend Reinvestment Plans Can Allow For Discounted CEF Shares
Stock Information
Company Name: XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest
Stock Symbol: XFLT
Market: NYSE
Website: xainvestments.com
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