XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) Shareholders to Get $0.23 Monthly Dividend

Posted by Brenda Bartman on Oct 2nd, 2026

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.2250 per share on Monday, November 2nd. This represents a $2.70 annualized dividend and a yield of 14.0%. The ex-dividend date of this dividend is Thursday, October 15th.

XAI Octagon Floating Rate & Alternative Income Trust Stock Up 0.1%

XAI Octagon Floating Rate & Alternative Income Trust stock opened at $19.24 on Friday. XAI Octagon Floating Rate & Alternative Income Trust has a 1-year low of $14.92 and a 1-year high of $26.50. The firm’s fifty day moving average price is $19.14 and its two-hundred day moving average price is $18.25.

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

Hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC bought a new position in XAI Octagon Floating Rate & Alternative Income Trust in the 2nd quarter worth about $51,000. Sculptor Capital LP bought a new stake in shares of XAI Octagon Floating Rate & Alternative Income Trust during the first quarter valued at about $269,000. J.W. Cole Advisors Inc. lifted its holdings in shares of XAI Octagon Floating Rate & Alternative Income Trust by 3.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 451,667 shares of the company’s stock worth $2,168,000 after buying an additional 16,327 shares in the last quarter. Alpine Global Management LLC purchased a new stake in shares of XAI Octagon Floating Rate & Alternative Income Trust in the fourth quarter worth about $129,000. Finally, Closed End Fund Advisors Inc. bought a new position in shares of XAI Octagon Floating Rate & Alternative Income Trust in the fourth quarter valued at approximately $1,118,000.

About XAI Octagon Floating Rate & Alternative Income Trust

(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.