XAI Octagon Floating Rate & Alternative Income Term Trust

The full company name is XAI Octagon Floating Rate Alternative Income Term Trust.

Brookfield Renewable Partners

First Guaranty Bancshares

KKR Real Estate Finance Trust

New Residential Investment

OFS Credit Company Inc

Textainer Group Holdings Limited

XOMA

As April 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.625 to 8.375 percent. Here is a comparison, against highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric.

New Preferred Stock IPOs, April 2021

Nineteen out of 23 CEF sectors are positive on price and 21 out of 23 sectors positive on NAV last week. THW rights offering concludes and was undersubscribed.

Weekly Closed-End Fund Roundup: THW Rights Offering Results, IRR To Liquidate, XFLT's Preferred

We take a look at the upcoming 6.5% preferred from the CLO Equity/Loan CEF XFLT. The fund's significant allocation to first-lien loans is a big plus for the preferred while the credit facility is a negative.

XFLT: XFLT.PA - The New 6.5% Preferred Kid On The Block

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has priced its previously announced underwritten public offering of its newly designated 6.50% Series 2026 Term Preferred Shares (the “Preferred Shares”) pursuant to the Trust's effect

XAI Octagon Floating Rate & Alternative Income Term Trust Prices Public Offering of Preferred Shares

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has announced that it has commenced an underwritten public offering of its newly designated Series 2026 Term Preferred Shares (the “Preferred Shares”) pursuant to the Fund's effective

XAI Octagon Floating Rate & Alternative Income Term Trust Commences Public Offering of Preferred Shares

Aberdeen Income Credit Strategies Fund

BlackRock Energy and Resources Trust

John Hancock Financial Opportunities Fund

Herzfeld Caribbean Basin Fund Inc

Fiduciary / Claymore Mlp Opportunity Fund

NexPoint Strategic Opportunities Fund

Adams Natural Resources Fund Inc

RiverNorth Capital and Income Fund

For the fourth month in a row, equity CEFs on average posted positive returns, rising 2.42% on an NAV basis for February. While for the first month in 11, fixed income CEFs witnessed losses (-0.52%).

The Month In Closed-End Funds: February 2021

CLOs and Senior Secured Loan provide a great way to bank on a rebounding economy. We are highlighting XFLT, a compelling way to get solid income.

10% Monthly Pay, High Insider Ownership

Highland Income Fund

Invesco High Income 2023 Target Term Fund

Nuveen Municipal Credit Opportunities Fund

Tortoise MLP Fund

RENN Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

For the third month in a row, equity CEFs on average posted positive returns, rising 0.84% on a NAV basis for January. While for the tenth month running, fixed income CEFs witnessed returns in the black (+1.13%).

The Month In Closed-End Funds: January 2021

Bancroft Fund Ltd

Calamos Convertible Opportunities And Income Fund

Calamos Convertible And High Income Fund

Eagle Point Credit

Eaton Vance High Income 2021 Target Term Trust

Miller/Howard High Income Equity Fund

Kayne Anderson Midstream/Energy Fund Inc.

Oxford Lane Capital

Voya Prime Rate Trust

Cushing Renaissance Fund

For the broader indexes, December continued along its upward momentum. Overall, the market seems to be quite lofty at these levels, so keeping a cash allocation could be appropriate.

8 Closed-End Fund Buys In December To Finish Out A Volatile Year

XFLT recently boosted its distribution back to pre-Covid crash levels. With this change, they also implemented a investment policy change to favor holding more CLOs.

XFLT: Dynamic Approach To An 11.33% Yield

PIMCO Dynamic Credit and Mortgage Income Fund

CEFs are a must have tool in any income portfolio. The rotation from growth to value is happening, driving up prices of value investments.

Need Income? 3 Monthly-Pay CEFs With Yields Of 9%

ClearBridge Energy MLP Fund Inc

China Fund

ClearBridge Energy MLP Opportunity Fund Inc

Franklin Universal

GGM Macro Alignment ETF

KKR Income Opportunities Fund

For the second consecutive month, equity CEFs on average posted negative returns, declining 0.41% on a NAV basis for October. While for the seventh month in a row, fixed income CEFs witnessed returns in the black (+0.03%).

The Month In Closed-End Funds: October 2020

XFLT raised its distribution again after reducing it as a precautionary measure during the COVID-19 crisis. Now the fund yields over 12%. Senior secured loan values have shown strength in returning to PAR.

Monthly Pay, Full Covered 12.5% Yield From XFLT

BlackRock Health Sciences Trust II

Western Asset Mortgage Opportunity Fund

Aberdeen Japan Equity Fund Inc

Japan Smaller Capitalization Fund

Korea Fund

The Month In Closed-End Funds: September 2020

Virtus AllianzGI Diversified Income & Convertible Fund

Barings Global Short Duration High Yield Fund

BlackRock Multi-Sector Income Trust

Calamos Global Total Return Fund

Calamos Strategic Total Return Fund

Gabelli Multimedia Trust

Virtus AllianzGI Equity & Convertible Income Fund

Pimco High Income Fund

The Month In Closed-End Funds: August 2020

As anticipated last year, the CLO fund XFLT lost most of its value during the March crash.

XFLT: We've Seen The 'Big Crash', But The Rebound Is Fading

ASA Gold and Precious Metals Ltd

Virtus Stone Harbor Emerging Markets Income Fund 

Stone Harbor Emerging Markets Total Income Fund

Cohen & Steers MLP Income & Energy Opportunity Fund Inc

Franklin Templeton Dragon Fund

Taiwan Fund

For the third month in a row, equity CEFs on average posted positive returns, rising 1.18% on a NAV basis for June.

The Month In Closed-End Funds: June 2020

Blackstone Long-Short Credit Income Fund

BlackRock Credit Allocation Income Trust

ClearBridge Energy MLP Total Return Fund Inc

The Month In Closed-End Funds: April 2020

XFLT's Latest Distribution Cut Was Choreographed In Advance

XFLT is an underfollowed CEF with a 10.5% yield.

Monthly Pay, Full Covered 10.5% Yield From XFLT

GEO Group

Macerich

Occidental Petroleum

Vermilion Energy

Washington Prime Group

We saw a lot of red across the market in general on Friday.

Don't Panic: Coronavirus, Malls And Market Downside

Eagle Point Credit Company Inc 7.75 % Pfd Registered Shs 2016-30.10.26 Series B

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eagle Point Cr 6.75 % Notes 2017-30.09.27

Eagle Point Income Company Inc

OFS Credit Company Inc - 6.875% PRF REDEEM 31/03/2024 USD 25 - Ser A

Q4 Quick Hits In The Closed-End Fund CLO Space

XFLT: Expect Shareholder Returns Of About 7.9% Moving Forward, Distribution Coverage Ratio Of 71%

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Management on Q3 2019 Results - Earnings Call Transcript

CLOs and Senior Secured Loans are relatively cheap vs. the stock market.

News for XAI Octagon Floating Rate & Alternative Income Term Trust ETF (XFLT)