XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) Stock Falls 0.4% – Here’s Why

Posted by Geri Gentry on Sep 25th, 2026

Shares of XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) dropped 0.4% on Wednesday. The stock traded as low as $19.39 and last traded at $19.4250. Approximately 93,807 shares changed hands during trading, a decline of 11% from the average daily volume of 105,681 shares. The stock had previously closed at $19.51.

XAI Octagon Floating Rate & Alternative Income Trust Stock Performance

The business has a 50-day simple moving average of $18.96 and a two-hundred day simple moving average of $18.15.

XAI Octagon Floating Rate & Alternative Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.2250 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 14.0%. XAI Octagon Floating Rate & Alternative Income Trust’s dividend payout ratio is currently 517.24%.

Hedge Funds Weigh In On XAI Octagon Floating Rate & Alternative Income Trust

Institutional investors have recently bought and sold shares of the business. CoreCap Advisors LLC bought a new position in shares of XAI Octagon Floating Rate & Alternative Income Trust in the second quarter valued at about $51,000. Sculptor Capital LP acquired a new stake in XAI Octagon Floating Rate & Alternative Income Trust in the 1st quarter worth about $269,000. Alpine Global Management LLC acquired a new stake in XAI Octagon Floating Rate & Alternative Income Trust in the 4th quarter worth about $129,000. Sit Investment Associates Inc. increased its holdings in shares of XAI Octagon Floating Rate & Alternative Income Trust by 112.4% during the fourth quarter. Sit Investment Associates Inc. now owns 5,467,565 shares of the company’s stock worth $26,244,000 after purchasing an additional 2,893,917 shares during the period. Finally, Landscape Capital Management L.L.C. increased its holdings in shares of XAI Octagon Floating Rate & Alternative Income Trust by 90.9% during the fourth quarter. Landscape Capital Management L.L.C. now owns 512,317 shares of the company’s stock worth $2,459,000 after purchasing an additional 243,925 shares during the period.

XAI Octagon Floating Rate & Alternative Income Trust Company Profile

(Get Free Report)

XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) is a non-diversified, closed-end investment company focused on generating current income and, secondarily, capital appreciation. The trust invests in floating-rate and alternative credit assets rather than operating a traditional business or selling products and services.

Its portfolio may include collateralized loan obligations (CLOs), senior secured loans, and other floating-rate debt instruments, as well as below-investment-grade credit securities.