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home / news releases / XFLT - XFLT: Don't Be Deceived By The Dividends


XFLT - XFLT: Don't Be Deceived By The Dividends

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The XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is likely one of the most exotic sounding ETFs most investors will find on the market today. Put simply, the fund invests in high yield leveraged loans, much like "playing banker".

On one hand, the fund pays a dividend yield of around 10% monthly and, unlike high yield bonds, is not subject to interest rate risk. Because the loans are based on a LIBOR spread, the fund can be expected to perform well in a rising rate environment, all

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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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