Previous 10 | Next 10 |
Summary As we entered new lows for the year in September, I was putting most of my cash to work. I have a very limited amount of cash left, but I make contributions regularly. The added income generation of the portfolio will also further help provide more cash flow to take ad...
Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. OPP rights offering results. FEO will liquidate. Author's note: This article was released to CEF/ETF Income Laboratory members on September 29, 2022. Please check l...
Summary The market environment of high volatility and rising short-term rates has lowered the income-generating capacity of most CEFs. In this article, we highlight the five types of CEFs whose incomes have either been unaffected or have actually improved this year. We also hi...
Summary In April 2022, we suggested that XFLT looked setup for 1-2% annual return and the wise investor would do well to stick to its preferred shares. We turned out to be the optimists and XFLT dropped 29%. Pricing looks better and risks have perhaps been discounted. We l...
Summary We review CEF market valuation and performance through the fourth week of September and highlight recent market action. CEFs had a tough week as discounts widened to double the impact of lower NAVs. The broader CEF space is now below its June lows. We take a look at so...
XA Investments (“XAI”), a Chicago-based alternative asset manager, celebrates the 5 th anniversary of the XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) (“XFLT” or the “Trust”). Octagon Credit Investors, LLC (...
Summary The price action in the CEF market has been brutal over the month of September. We highlight some of the broader CEF market indicators to place the current drawdown in context. We remain cautious on equity CEF sectors and longer-duration credit sectors, particularly th...
Summary We covered this one around a year ago and told people to run for the hills. The interest rate environment has done an about turn since then and investors have been spanked for chasing yield. We review the current numbers to gauge the impact and provide our verdict. ...
Summary It's time to buy as the month is just getting started, you'll be thanking yourself for it next month! Monthly income solves monthly problems. We look at yields up to 12% as we meet your income needs head on! Co-produced with Treading Softly Recently, ...
Summary Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are HFRO, TEI, and BGH. Author's note: This article was released to CEF/E...
News, Short Squeeze, Breakout and More Instantly...
XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest Company Name:
XFLT Stock Symbol:
NYSE Market:
XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest Website:
CHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- XA Investments (XAI), an alternative investment management and consulting firm, announced the pending transaction, by which XAI will become investment adviser to the Madison Covered Call & Equity Strategy Fund (NYSE: MCN), a $146 million listed close...
2024-06-25 17:58:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-15 19:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...