YOLFTbeta
XAI Octagon Floating Rate & Alternative Income Term Trust

XAI Octagon Floating Rate & Alternative Income Term Trust

XFLT · NYSE · Financial Services / Asset Management

15.95USD-0.03 (-0.19%)

Price History

Full chart

Market Stats

Previous Close15.98
Open15.92
Day Range15.80 – 16.11
52-Week Range13.61 – 22.50
Volume101.94K
Market Cap291.67M
P/E (TTM)0.00
Forward P/E0.00
EPS-3.90
Dividend Yield14.10%
50-Day Avg19.03
200-Day Avg19.15

About

XAI Floating Rate & Alternative Income Trust is headquartered in Chicago, Illinois.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Benjamin David Mcculloch
  • Employees0
  • Headquarters321 North Clark Street, Chicago, IL, United States, 60654, USA
  • Websitehttps://www.xainvestments.com/funds

Leadership

  • Mr. Benjamin David MccullochChief Legal Officer & Secretary
  • Ms. Lauren Michelle BasmadjianPortfolio Manager
  • Ms. Gretchen Mae Mohr Lam C.F.A.Portfolio Manager

Financials

Income Statement

Currency: USD2017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue-4.61M-3.87M-9.39M38.37M-31.12M53.00M57.70M32.48M
Growth (%)---183.95%-142.51%+508.80%-181.10%+270.29%+8.88%-43.71%
Cost of Revenue--2.03M2.92M4.82M8.40M8.92M12.19M12.94M
Gross Profit-4.61M-3.87M-9.39M38.37M-31.12M53.00M57.70M19.55M
Gross Margin-100.00%100.00%100.00%100.00%100.00%100.00%100.00%60.17%
Operating Expense--718.10K573.55K1.62M2.89M2.73M6.37M-8.70M9.66M
Operating Income-5.33M-4.44M-11.01M35.48M-33.85M46.63M66.41M9.88M
Operating Margin-115.57%114.82%117.29%92.46%108.76%87.98%115.08%30.43%
EBITDA-5.33M-4.44M-11.01M35.48M-33.85M46.63M66.41M9.88M
EBITDA Margin-115.57%114.82%117.29%92.46%108.76%87.98%115.08%30.43%
Net Income-4.02M-4.44M-11.01M35.48M-36.68M46.63M48.86M9.88M
Net Income Margin-87.24%114.82%117.29%92.46%117.87%87.98%84.68%30.43%
R&D--0.561.861.680.931.01--
R&D as % of Total Revenue---0.00%-0.00%0.00%-0.00%0.00%--
Interest Expense-1.31M1.49M954.94K961.49K2.83M7.67M12.19M12.94M
Interest Expense % of Total Revenue-28.33%-38.46%-10.17%2.51%-9.11%14.46%21.12%39.83%

Balance Sheet

Currency: USD2017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets71.16M128.64M131.10M124.44M392.67M404.98M543.10M800.48M738.60M
Total Liabilities170.69K49.31M52.40M39.45M174.11M178.18M244.82M343.55M293.35M
Total Equity70.99M79.32M78.71M84.99M218.56M226.80M298.28M456.92M445.25M
Cash71.15M494.70K459.88K1.26M4.72M1.13M1.21M7.90M6.91M
Total Debt-38.75M38.94M35.60M97.83M112.84M150.27M284.61M201.28M
Net Debt-71.15M38.25M38.48M34.33M93.11M111.71M149.05M-7.90M194.38M

Cash Flow

Currency: USD2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-114.05M-3.82M-13.47M-195.94M-73.94M-71.18M-181.98M55.04M
Investing Cash Flow--10.00M-26.83M-223.55M-103.33M-117.03M-255.77M-28.41M
Financing Cash Flow43.40M3.79M14.27M199.39M70.35M71.26M188.66M-43.49M
Capital Expenditure00440243
Free Cash Flow-114.05M-3.82M-13.47M-195.94M-73.94M-71.18M-181.98M42.50M
Dividends Paid5.75M7.17M9.26M13.72M24.49M32.24M49.08M65.68M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%77.22%
Dividend Paid to FCF-5.04%-187.58%-68.77%-7.00%-33.13%-45.29%-26.97%154.53%

Earnings

Report DateAug 29, 2018Nov 28, 2018Feb 27, 2019Feb 26, 2020Jun 3, 2020Sep 2, 2020Dec 2, 2020Mar 3, 2021Jun 2, 2021Aug 17, 2021Nov 29, 2021Mar 3, 2022May 26, 2022Aug 31, 2022Nov 3, 2022Mar 1, 2023May 31, 2023Aug 30, 2023Nov 29, 2023Feb 28, 2024May 29, 2024Aug 28, 2024Nov 27, 2024Feb 26, 2025May 28, 2025Sep 3, 2025Dec 3, 2025Feb 25, 2026
EPS Estimate0.000.000.000.000.500.270.280.000.001.651.101.30-0.65-0.281.050.170.260.260.250.260.270.270.280.280.290.300.300.26
EPS Actual0.160.18-0.770.000.000.000.000.000.661.100.950.751.20-0.281.050.170.260.260.250.260.270.000.000.000.000.000.000.00
Surprise-----100.00%-100.00%-100.00%---33.33%-13.64%-42.31%284.62%0.00%0.00%-2.94%-1.92%0.00%0.00%0.00%0.00%-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%
Timing---------After-hoursAfter-hoursAfter-hoursPre-market-After-hours-------------

Key Statistics & Ratios

Market Cap291.67M
Enterprise Value0
Trailing P/E0.00
Forward P/E0.00
Price / Sales14.08
Price / Book0.87
EPS-3.90
Revenue (TTM)0
Gross Profit (TTM)0
Profit Margin0.00%
Operating Margin0.00%
Return on Equity0.00%
Return on Assets0.00%
Shares Outstanding15.23M
Shares Float0
Dividend Yield14.10%
Dividend Rate2.70
Payout Ratio560.63%

Dividends

202610×
0.23Oct 15, 20260.23Sep 15, 20260.23Aug 17, 20260.23Jul 15, 20260.23Jun 15, 20260.23May 15, 20260.23Apr 15, 20260.30Mar 16, 20260.30Feb 17, 20260.30Jan 15, 2026
202512×
0.35Dec 15, 20250.35Nov 17, 20250.35Oct 15, 20250.35Sep 16, 20250.35Aug 15, 20250.35Jul 15, 20250.35Jun 16, 20250.39May 15, 20250.39Apr 15, 20250.39Mar 17, 20250.39Feb 18, 20250.39Jan 16, 2025
20242×
0.39Dec 16, 20240.42Nov 15, 2024

Stock Splits

  • Mar 23, 20261:5