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XFLT

XAI Octagon Floating Rate & Alternative Income Term TrustNYSE:XFLT Stock Report

Last Price

US$9.04

Market Cap

US$241.1m

7D

-2.6%

1Y

12.3%

Updated

21 Jan, 2022

Data

Company Financials
XFLT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

XFLT Stock Overview

No business description

Price History & Performance

Summary of all time highs, changes and price drops for XAI Octagon Floating Rate & Alternative Income Term Trust
Historical stock prices
Current Share PriceUS$9.04
52 Week HighUS$9.85
52 Week LowUS$7.67
Beta0
1 Month Change5.73%
3 Month Change-0.33%
1 Year Change12.30%
3 Year Change7.24%
5 Year Changen/a
Change since IPO-10.41%

Recent News & Updates

Jan 10

XFLT: A CEF To Supercharge A Fixed Income Allocation

XFLT is a diversified CEF offering exposure to senior secured loans, CLO debt and equity, and high yield corporate debt. Low rates which are anticipated to rise highlight the need for alternative income sources. XFLT offers efficient exposure to underserved income-producing assets. We explore XFLT’s portfolio and outlook.

Dec 27

XFLT: Distribution Yield Pushes Above 10%

XFLT pays investors a generous distribution yield currently at 10.07%. This distribution has been quite steady as they raised it back up after cutting in 2020 given the environment. This consistency and generous distribution will regularly push XFLT to trade at premiums, so while it might seem expensive, it is likely to stay that way.

Aug 07

XFLT: Secondary Offering Not Dilutive

XFLT recently concluded another secondary offering. The stock price dropped sharply on announcement, which our members took advantage of. XFLT isn't cheap now, but I'm still bullish on the fund and its strategy.

Jun 29

Inflation Resistant, 9.6% Yield, Monthly Pay: XFLT

Inflation is here, and investors need to prepare. Income today is increasingly valuable. Exposure to floating interest rates provides inflation protection. You can collect a 9.6% yield today and enjoy the capital upside.

Shareholder Returns

XFLTUS Capital MarketsUS Market
7D-2.6%-5.5%-4.6%
1Y12.3%24.6%7.7%

Return vs Industry: XFLT underperformed the US Capital Markets industry which returned 24.6% over the past year.

Return vs Market: XFLT exceeded the US Market which returned 7.7% over the past year.

Price Volatility

Is XFLT's price volatile compared to industry and market?
XFLT volatility
XFLT Average Weekly Movement2.9%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: XFLT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: XFLT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.xainvestments.com/funds

XAI Octagon Floating Rate & Alternative Income Term Trust Fundamentals Summary

How do XAI Octagon Floating Rate & Alternative Income Term Trust's earnings and revenue compare to its market cap?
XFLT fundamental statistics
Market CapUS$241.14m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XFLT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did XFLT perform over the long term?

See historical performance and comparison

Valuation

Is XAI Octagon Floating Rate & Alternative Income Term Trust undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether XAI Octagon Floating Rate & Alternative Income Term Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as XAI Octagon Floating Rate & Alternative Income Term Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is XAI Octagon Floating Rate & Alternative Income Term Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as XAI Octagon Floating Rate & Alternative Income Term Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has XAI Octagon Floating Rate & Alternative Income Term Trust performed over the past 5 years?

20.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, XAI Octagon Floating Rate & Alternative Income Term Trust has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is XAI Octagon Floating Rate & Alternative Income Term Trust's financial position?


In this section we usually analyse XAI Octagon Floating Rate & Alternative Income Term Trust's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. XAI Octagon Floating Rate & Alternative Income Term Trust has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is XAI Octagon Floating Rate & Alternative Income Term Trust current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XFLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XFLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XFLT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XFLT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XFLT's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

XAI Octagon Floating Rate & Alternative Income Term Trust has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XFLT insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

XAI Octagon Floating Rate & Alternative Income Term Trust's employee growth, exchange listings and data sources


Key Information

  • Name: XAI Octagon Floating Rate & Alternative Income Term Trust
  • Ticker: XFLT
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$241.136m
  • Shares outstanding: 26.67m
  • Website: https://www.xainvestments.com/funds

Location

  • XAI Octagon Floating Rate & Alternative Income Term Trust
  • 321 North Clark Street
  • Suite 2430
  • Chicago
  • Illinois
  • 60654
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 00:14
End of Day Share Price2022/01/20 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.