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home / news releases / XFLT - The Month In Closed-End Funds: April 2020


XFLT - The Month In Closed-End Funds: April 2020

Photo Source: REUTERS/Carlos Barria. National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci attends a coronavirus response meeting between U.S. President Donald Trump and Louisiana Governor John Bel Edwards in the Oval Office at the White House in Washington, U.S., April 29, 2020.

For the month, 70% of all closed-end funds (BATS:CEFS) posted net asset value ((NAV))-based returns in the black, with 91% of equity CEFs and only 54% of fixed income CEFs chalking up returns in the plus column. For the first month in seven, Lipper’s domestic equity CEFs (+13.74%)

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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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