Shareholders Approve New Sub-Advisory Agreement for Trust
TipRanks (Mon, 10-Aug 6:32 PM ET)
XFLT Shareholders Approve the King Street Sub-Advisory Agreement
Globe Newswire (Mon, 10-Aug 4:15 PM ET)
Globe Newswire (Wed, 5-Aug 10:35 AM ET)
Globe Newswire (Wed, 5-Aug 8:30 AM ET)
Globe Newswire (Tue, 4-Aug 8:30 AM ET)
Globe Newswire (Mon, 3-Aug 4:15 PM ET)
Globe Newswire (Mon, 3-Aug 8:50 AM ET)
XFLT Shareholders: Vote Today to Approve the King Street Sub-Adviser
Globe Newswire (Sun, 2-Aug 12:10 PM ET)
XFLT Urges Shareholders to Vote Today to Approve the King Street Sub-Advisory Agreement
Globe Newswire (Sat, 1-Aug 12:45 PM ET)
Octagon Urges XFLT Shareholders to Stay the Course and Reject the New Sub-Adviser Proposal
Business Wire (Fri, 31-Jul 3:49 PM ET)
XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
Xai Octagon Fr & Alt trades on the NYSE stock market under the symbol XFLT.
As of August 13, 2026, XFLT stock price climbed to $19.28 with 85,241 million shares trading.
XFLT has a beta of 0.55, meaning it tends to be less sensitive to market movements. XFLT has a correlation of 0.07 to the broad based SPY ETF.
XFLT has a market cap of $246.02 million. This is considered a Small Cap stock.
In the last 3 years, XFLT traded as high as $38.80 and as low as $14.93.
XFLT has underperformed the market in the last year with a price return of -17.6% while the SPY ETF gained +22.2%. XFLT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.7% and +4.1%, respectively, while the SPY returned +5.6% and +6.6%, respectively.
XFLT support price is $18.84 and resistance is $19.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XFLT shares will trade within this expected range on the day.