XFLT - The Month In Closed-End Funds: September 2021

October, 07 2021 01:08 AM XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest

For the first month in 11, equity CEFs on average suffered losses, declining 1.64% on a NAV basis for September.
While for the first month in seven, fixed income CEFs posted returns in the red (-0.39%).
Thirty-three percent of all CEFs traded at a premium to their NAV, with 28% of equity CEFs and 36% of fixed income CEFs trading in premium territory.
Energy MLP CEFs (+3.26%) for the first month in three posted the strongest one-month returns of the equity classifications in the CEF universe for September.
For the first month in eight, the Loan Participation CEFs (+0.71%) classification posted the strongest plus-side returns in the domestic taxable fixed income CEF macro-group for September.

For further details see:

Company Name:	XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest
Stock Symbol:	XFLT
Market:	NYSE
Website:	xainvestments.com