XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.077 per Share
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has announced its monthly distribution of $0.077 per common share, maintaining the same amount as the previous month. The distribution will be payable on May 1, 2025, to shareholders of record as of April 15, 2025.
The Trust, which focuses on generating attractive total returns with emphasis on income across credit cycles, invests primarily in floating rate credit instruments and structured credit investments. Under normal conditions, at least 80% of its Managed Assets are allocated to these instruments.
Important to note that distributions may come from various sources including net investment income, capital gains, or return of capital. The specific tax characteristics will be reported on Form 1099 after the 2025 calendar year ends. The Trust is subject to a 4% excise tax if it doesn't distribute at least 98% of ordinary income and 98.2% of capital gains annually.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) ha annunciato la sua distribuzione mensile di $0.077 per azione comune, mantenendo lo stesso importo del mese precedente. La distribuzione sarà pagabile il 1 maggio 2025, agli azionisti registrati al 15 aprile 2025.
Il Trust, che si concentra sulla generazione di rendimenti totali attraenti con un'enfasi sul reddito attraverso i cicli di credito, investe principalmente in strumenti di credito a tasso variabile e investimenti in credito strutturato. In condizioni normali, almeno l'80% dei suoi Attivi Gestiti è allocato a questi strumenti.
È importante notare che le distribuzioni possono provenire da varie fonti, tra cui il reddito da investimenti netti, i guadagni di capitale o il rimborso di capitale. Le specifiche caratteristiche fiscali saranno riportate sul Modulo 1099 dopo la fine dell'anno solare 2025. Il Trust è soggetto a una tassa di consumo del 4% se non distribuisce almeno il 98% del reddito ordinario e il 98,2% dei guadagni di capitale annualmente.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) ha anunciado su distribución mensual de $0.077 por acción común, manteniendo la misma cantidad que el mes anterior. La distribución se pagará el 1 de mayo de 2025, a los accionistas registrados al 15 de abril de 2025.
El Trust, que se centra en generar rendimientos totales atractivos con énfasis en ingresos a través de ciclos de crédito, invierte principalmente en instrumentos de crédito a tasa flotante e inversiones en crédito estructurado. En condiciones normales, al menos el 80% de sus Activos Administrados se asignan a estos instrumentos.
Es importante señalar que las distribuciones pueden provenir de diversas fuentes, incluidos ingresos netos por inversiones, ganancias de capital o devolución de capital. Las características fiscales específicas se informarán en el Formulario 1099 después de que finalice el año calendario 2025. El Trust está sujeto a un impuesto de consumo del 4% si no distribuye al menos el 98% de los ingresos ordinarios y el 98,2% de las ganancias de capital anualmente.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT)는 보통주당 $0.077의 월 배당금을 발표하며, 이는 지난 달과 동일한 금액입니다. 배당금은 2025년 5월 1일에 지급되며, 2025년 4월 15일 기준 주주에게 지급됩니다.
이 신탁은 신용 사이클 전반에 걸쳐 수익에 중점을 두고 매력적인 총 수익을 창출하는 데 초점을 맞추며, 주로 변동금리 신용 상품 및 구조화된 신용 투자에 투자합니다. 정상적인 조건에서는 관리 자산의 최소 80%가 이러한 상품에 할당됩니다.
배당금은 순투자 소득, 자본 이득 또는 자본 환급 등 다양한 출처에서 나올 수 있다는 점에 유의해야 합니다. 구체적인 세금 특성은 2025년 회계 연도가 끝난 후 1099 양식에 보고됩니다. 신탁은 연간 일반 소득의 최소 98%와 자본 이득의 98.2%를 배당하지 않을 경우 4%의 소비세가 부과됩니다.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) a annoncé sa distribution mensuelle de 0,077 $ par action ordinaire, maintenant le même montant que le mois précédent. La distribution sera payable le 1er mai 2025, aux actionnaires inscrits au 15 avril 2025.
Le Trust, qui se concentre sur la génération de rendements totaux attrayants avec un accent sur les revenus à travers les cycles de crédit, investit principalement dans des instruments de crédit à taux variable et des investissements en crédit structuré. Dans des conditions normales, au moins 80 % de ses actifs gérés sont alloués à ces instruments.
Il est important de noter que les distributions peuvent provenir de diverses sources, y compris le revenu net d'investissement, les gains en capital ou le remboursement de capital. Les caractéristiques fiscales spécifiques seront rapportées sur le formulaire 1099 après la fin de l'année civile 2025. Le Trust est soumis à une taxe sur la consommation de 4 % s'il ne distribue pas au moins 98 % du revenu ordinaire et 98,2 % des gains en capital chaque année.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) hat seine monatliche Ausschüttung von 0,077 $ pro Stammaktie bekannt gegeben und bleibt damit auf dem gleichen Niveau wie im Vormonat. Die Ausschüttung wird am 1. Mai 2025 an die Aktionäre ausgezahlt, die am 15. April 2025 im Aktienregister stehen.
Der Trust konzentriert sich darauf, attraktive Gesamterträge mit Schwerpunkt auf Einkommen über die Kreditzyklen hinweg zu erzielen und investiert hauptsächlich in variabel verzinste Kreditinstrumente und strukturierte Kreditinvestitionen. Unter normalen Bedingungen werden mindestens 80% seiner verwalteten Vermögenswerte in diese Instrumente investiert.
Wichtig ist zu beachten, dass Ausschüttungen aus verschiedenen Quellen stammen können, einschließlich Nettoanlageerträge, Kapitalgewinne oder Rückzahlung von Kapital. Die spezifischen steuerlichen Merkmale werden nach Ende des Kalenderjahres 2025 auf dem Formular 1099 gemeldet. Der Trust unterliegt einer Verbrauchsteuer von 4%, wenn er nicht mindestens 98% des ordentlichen Einkommens und 98,2% der Kapitalgewinne jährlich ausschüttet.
- Consistent monthly distribution maintained at $0.077 per share
- None.
Insights
XAI Octagon Floating Rate & Alternative Income Trust maintaining its
The unaltered distribution rate provides income stability for existing shareholders. However, investors should note the distribution sources can include net investment income, capital gains, and/or return of capital. The return of capital component is particularly important to monitor as it effectively returns a portion of your original investment rather than representing true earnings, potentially eroding your investment base over time.
The fund's investment focus on floating rate instruments positions it strategically in the current interest rate environment, as these securities typically adjust their yields with interest rate changes. This helps mitigate interest rate risk compared to fixed-rate alternatives.
This
The announcement represents business-as-usual for this income-focused investment vehicle, maintaining its appeal for yield-seeking investors while continuing to navigate the complexities of the private credit markets.
CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of
The following dates apply to the declaration:
| Ex-Dividend Date | April 15, 2025 | |
| Record Date | April 15, 2025 | |
| Payable Date | May 1, 2025 | |
| Amount | ||
| Change from Previous Month | No change | |
Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Trust’s common shareholders on Form 1099 after the end of the 2025 calendar year. Shareholders should not assume that the source of a distribution from the Trust is net income or profit. For further information regarding the Trust’s distributions, please visit www.xainvestments.com.
The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United States (“U.S. GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income. The Trust’s final taxable income for the current fiscal year will not be known until the Trust’s tax returns are filed.
As a registered investment company, the Trust is subject to a
The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Trust, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares.
The distribution shall be paid on the Payment Date unless the payment of such distribution is deferred by the Board of Trustees upon a determination that such deferral is required in order to comply with applicable law to ensure that the Trust remains solvent and able to pay its debts as they become due and continue as a going concern, or to comply with the applicable terms or financial covenants of the Trust’s senior securities.
Future common share distributions will be made if and when declared by the Trust’s Board of Trustees, based on a consideration of number of factors, including the Trust’s continued compliance with terms and financial covenants of its senior securities, the Trust’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future.
The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. Under normal market conditions, the Trust will invest at least
The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT,” and the Trust’s
About XA Investments
XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and XAI Madison Equity Premium Income Fund (NYSE: MCN) both trade on the New York Stock Exchange. The interval closed-end fund, Octagon XAI CLO Income Fund (OCTIX), is newly launched and has been made widely available to investors.
In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, fund management.
XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.
About XMS Capital Partners
XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.
About Octagon Credit Investors
Octagon Credit Investors, LLC (“Octagon”) serves as the Trust’s investment sub-adviser. Octagon is a 25+ year old,
XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
| NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE | ||
Paralel Distributors, LLC - Distributor
Media Contact:
Kimberly Flynn, President
XA Investments LLC
Phone: 888-903-3358
Email: KFlynn@XAInvestments.com
www.xainvestments.com
FAQ
What is the monthly distribution amount for XFLT shares in April 2025?
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