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

Posted by George Bondi on Nov 3rd, 2026

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) declared a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.2250 per share on Tuesday, December 1st. This represents a $2.70 dividend on an annualized basis and a yield of 16.4%. The ex-dividend date of this dividend is Monday, November 16th.

XAI Octagon Floating Rate & Alternative Income Trust Price Performance

NYSE:XFLT opened at $16.43 on Tuesday. XAI Octagon Floating Rate & Alternative Income Trust has a one year low of $14.92 and a one year high of $24.90. The company’s 50-day simple moving average is $18.61 and its 200 day simple moving average is $18.56.

Insider Activity at XAI Octagon Floating Rate & Alternative Income Trust

In related news, VP John Spence purchased 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 21st. The shares were bought at an average price of $17.07 per share, for a total transaction of $34,140.00. Following the purchase, the vice president directly owned 114,357 shares of the company’s stock, valued at approximately $1,952,073.99. This represents a 1.78% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Investors Weigh In On XAI Octagon Floating Rate & Alternative Income Trust

A hedge fund recently bought a new stake in XAI Octagon Floating Rate & Alternative Income Trust stock. Sculptor Capital LP acquired a new position in XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,686 shares of the company’s stock, valued at approximately $269,000.

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 management investment company that seeks to provide investors with current income and, to a lesser extent, capital appreciation. The fund invests primarily in floating-rate credit instruments and other alternative income-producing assets.

XFLT’s portfolio may include collateralized loan obligations (CLOs), including both debt and equity tranches, as well as senior secured loans and other below-investment-grade corporate credit.