XAI Floating Rate & Alternative Income Trust

XAI Octagon Floating Rate & Alternative Income Trust is a diversified, closed-end management investment company founded on September 27, 2017, and headquartered in Chicago, Illinois. The Trust's primary objective is to seek attractive total return with an emphasis on income generation across various stages of the credit cycle. It 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 allocates at least 80% of its managed assets to floating-rate credit instruments, including senior secured loans, CLO debt, and CLO equity. These investments are primarily within private below-investment-grade credit markets. The Trust's investment portfolio is largely composed of floating-rate credit instruments and structured credit investments, which XAI and Octagon anticipate will perform well in a rising interest rate environment. XAI Octagon Floating Rate & Alternative Income Trust is advised by XA Investments LLC and sub-advised by Octagon Credit Investors LLC, an institutional credit investor. The Trust's common shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol "XFLT," and its preferred shares are listed on the NYSE under the symbol "XFLT-PA". Sources: [1] https://public.com/stocks/xflt [2] https://www.perplexity.ai/finance/XFLT [3] https://xainvestments.com/xflt/ [4] https://www.stocktitan.net/overview/XFLT/ [5] https://xflt.xainvestments.com/ [6] https://api-funds.paralel.com/download_resource/?id=6227&ticker=XAI