Executive leadership at XAI Octagon Floating Rate & Alternative Income Trust.
Theodore Brombach
Detailed
President and Chief Executive Officer
CEO
BM
Benjamin McCulloch
Chief Legal Officer and Secretary
DM
Derek Mullins
Chief Financial Officer and Treasurer
KF
Kimberly Flynn
Vice President
LW
Lisa Woo
Assistant Treasurer
MA
Madeline Arment
Assistant Treasurer
RR
Randi Roessler
Chief Compliance Officer
YS
Yogi Spence
Vice President
Board of directors at XAI Octagon Floating Rate & Alternative Income Trust.
Research analysts who have asked questions during XAI Octagon Floating Rate & Alternative Income Trust earnings calls.
Recent press releases and 8-K filings for XFLT.
XAI Octagon Floating Rate & Alternative Income Trust Declares Monthly Distribution, Reduced by 14.29%
XFLT
Dividends
Demand Weakening
- XAI Octagon Floating Rate & Alternative Income Trust declared a monthly distribution of $0.060 per share, payable on January 30, 2026, to common shareholders of record as of January 15, 2026.
- This distribution amount represents a 14.29% decrease from the previous month's $0.070 per share.
- With the new distribution, the Trust's annualized distribution rate on market price is 15.00%, and on NAV is 13.48% as of December 31, 2025.
- The reduction is attributed to the Federal Reserve's recent cuts to the federal funds rate and continued interest rate spread compression, which have negatively impacted the Trust's income generation.
Jan 2, 2026, 9:15 PM
XAI Octagon Floating Rate & Alternative Income Trust Announces Private Placement of Mandatory Redeemable Preferred Shares
XFLT
Debt Issuance
- XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has reached an agreement for the purchase and sale of 7,300,000 shares of its 5.92% Series A Mandatory Redeemable Preferred Shares due January 31, 2031.
- The Trust expects to receive net proceeds of approximately $71.5 million from this sale.
- These preferred shares have a liquidation preference of $10.00 per share and will pay a quarterly dividend at a fixed annual rate of 5.92%, equivalent to $0.5920 per share per year.
- The net proceeds from the offering will be used to refinance existing leverage and for general corporate purposes.
Oct 1, 2025, 8:22 PM
Quarterly earnings call transcripts for XAI Octagon Floating Rate & Alternative Income Trust.
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