XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT-PA) NYSE

4.08

-0.06393617(-1.54%)

Updated at February 20 03:02PM

Currency In USD

XAI Octagon Floating Rate & Alternative Income Term Trust

Address

321 North Clark Street

Chicago, IL 60654

United States of America

Phone

312-374-6930

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

June 09, 2021

Key Executives

NameTitlePayYear Born
Benjamin David MccullochChief Legal Officer & Secretary0N/A
Gretchen Mae Mohr LamPortfolio Manager0N/A
Lauren Michelle BasmadjianPortfolio Manager0N/A

Description

XAI Octagon Floating Rate & Alternative Income Trust is a diversified, closed-end management investment company which primarily invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.