XAI Octagon Floating Rate & Alternativeome Term (XFLT) falls 0.34% to Close at $8.73 on September 14

Equities Staff  |

XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT), a Chicago, Illinois, company, fell to close at $8.73 Tuesday after losing $0.03 (0.34%) on volume of 143,798 shares. The stock ranged from a high of $8.76 to a low of $8.70 while XAI Octagon Floating Rate & Alternativeome Term’s market cap now stands at $222,040,627.

About XAI Octagon Floating Rate & Alternative Income Term Trust

XAI Octagon Floating Rate & Alternative Income Term Trust 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 will invest at least 80% of managed assets in senior secured loans, CLO debt and CLO equity. The Trust seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. There can be no assurance that the Trust will achieve its investment objective, and you could lose some or all of your investment.

Visit XAI Octagon Floating Rate & Alternative Income Term Trust’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on XAI Octagon Floating Rate & Alternative Income Term Trust and to follow the company’s latest updates, you can visit the company’s profile page here: XAI Octagon Floating Rate & Alternative Income Term Trust’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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