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XFLT - XFLT - Invest For The Income Hold Through The Turbulence
May, 30 2022 03:28 AM
XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest
XFLT is a senior loan/CLO fund that offers an 11% monthly distribution that holds up well during turbulent market periods. The 1st quarter of 2022 was a challenging period for the CLO markets, causing NAV to decline during the period. Similar to other CLO-only funds, XFLT offers investors long-term high yield income with relatively low risk compared to other asset classes. For further details see:
XFLT - Invest For The Income, Hold Through The Turbulence
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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