Equities

XAI Octagon Floating Rate & Alternative Income Trust

XAI Octagon Floating Rate & Alternative Income Trust

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FinancialsClosed End Investments
  • Price (USD)6.81
  • Today's Change-0.005 / -0.07%
  • Shares traded52.00
  • 1 Year change-2.92%
  • Beta--
Data delayed at least 15 minutes, as of Sep 20 2024 00:00 BST.
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About the company

XAI Octagon Floating Rate & Alternative Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. Under normal market conditions, the Trust will invest at least 80% of managed assets in senior secured loans, collateralized loan obligation (CLO) debt and CLO equity. XA Investments LLC serves as the investment adviser to the Trust. The Trust’s sub-adviser is Octagon Credit Investors, LLC.

  • Revenue in -- (TTM)--
  • Net income in --
  • Incorporated2017
  • Employees--
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Institutional shareholders

9.97%Per cent of shares held by top holders
HolderShares% Held
Eagle Point Credit Management LLCas of 01 Feb 20243.55m6.08%
Belpointe Asset Management LLCas of 30 Jun 2024613.57k1.05%
LPL Financial LLCas of 30 Jun 2024335.44k0.58%
Lido Advisors LLCas of 30 Jun 2024248.29k0.43%
UBS Financial Services, Inc.as of 30 Jun 2024209.43k0.36%
Cambridge Investment Research Advisors, Inc.as of 30 Jun 2024201.55k0.35%
Chicago Partners Investment Group LLCas of 30 Jun 2024196.29k0.34%
Virtus ETF Advisers LLCas of 30 Jun 2024171.21k0.29%
Bard Associates, Inc.as of 30 Jun 2024158.60k0.27%
Roumell Asset Management LLCas of 30 Jun 2024141.43k0.24%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
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