# XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT): Mutual Fund Facts & Distributions

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- Issuer: — · Asset class: Equity
- Strategy: Thematic · Inception: 2017-10-09

Operating as a diversified, closed-end investment trust, XAI Octagon Floating Rate & Alternative Income Term Trust focuses its capital allocation on a dynamically managed portfolio. This portfolio primarily comprises floating-rate credit instruments and various other structured credit investments sourced from private markets. The Trust was established on September 27, 2017, and maintains its headquarters in Chicago, Illinois.

## Key Facts

| Metric | Value |
|---|---|
| Price | $16.46 |
| Expense Ratio | — |
| Assets Under Management | $250.7M |
| NAV | — |
| Holdings Count | — |
| Distribution Yield (TTM) | 19.29% |
| Annual Distribution (TTM) | $3.18 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $14.93 – $25.10 |
| Beta | 0.55 |

## Latest Distribution

- Amount: $0.2250 /share
- Ex-date: 2026-10-15
- Pay date: 2026-11-02

## Frequently Asked Questions

### What does XFLT invest in?

Operating as a diversified, closed-end investment trust, XAI Octagon Floating Rate & Alternative Income Term Trust focuses its capital allocation on a dynamically managed portfolio. This portfolio primarily comprises floating-rate credit instruments and various other structured credit investments sourced from private markets. The Trust was established on September 27, 2017, and maintains its headquarters in Chicago, Illinois.

### What is the expense ratio of XFLT?

An expense ratio for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

### What is XFLT's dividend yield?

XFLT's trailing-twelve-month yield is 19.29%, calculated from the sum of dividends over the past year divided by the current price.

### How big is XFLT?

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) manages $250.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is XFLT actively managed or an index fund?

XFLT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

### When was XFLT launched?

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) launched in October 2017 and is managed by the fund issuer.

### Does XFLT pay a dividend?

Yes, XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) distributes dividends to shareholders. The trailing-twelve-month yield is 19.29%. Full dividend history is on this page.

### How often does XFLT pay dividends?

XAI Octagon Floating Rate & Alternative Income Term Trust pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is XFLT's next ex-dividend date?

The most recently announced ex-dividend date for XFLT was 2026-10-15. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### Why is XFLT's expense ratio not shown?

Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check monthly) report an expense ratio for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number.

### How does XFLT charge its expense ratio?

The expense ratio is deducted in tiny daily slices from XFLT's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/xflt
- Distribution history: https://www.dividenddata.com/funds/xflt/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/xflt/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/xflt/expenses
- Peer comparison: https://www.dividenddata.com/funds/xflt/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.