B. Riley Securities initiated coverage on XAI Octagon FR & Alt with a new price target
$XFLT
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B. Riley Securities initiated coverage of XAI Octagon FR & Alt with a rating of Buy and set a new price target of $10.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/23/2021 | $10.50 | Buy | B. Riley Securities |
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
Notes that ISS Recognized that, No Matter Which Peer Set Is Used, XFLT Has Outperformed Under Octagon’s Stewardship Reiterates that Total NAV Return Is Approximately 40% Since the Fund’s Inception Believes XFLT Shareholders Should Expect the Board to Make Good Decisions, Not Merely Ones that ISS Characterizes as "Not Indefensible" Octagon Has the Only Plan to Narrow the Gap Between Price and NAV Urges Shareholders to Vote AGAINST the New Sub-Adviser Proposal Octagon Credit Investors, LLC ("Octagon," "we" or "our"), a leading credit-focused asset manager with over 30 years of experience, today issued the following statement responding to the latest misleading claims made by XAI Flo
ISS Recommends XFLT Shareholders Vote on the WHITE Card to Approve the King Street Sub-Advisor Ahead of July 30th Special Meeting of Shareholders CHICAGO, July 22, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC, manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund"), announced today that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, recommended that shareholders of XFLT vote on the WHITE card "FOR" the approval of a new investment sub-advisory agreement among the Fund, XA Investments LLC and Rockford Tower Asset Management, L.L.C. (the "King Street Sub-Adviser"), a wholly owned subsidiary of King Street Capital Management, L.
Flynn Details the Terminated Sub-Adviser Octagon’s Underperformance at XFLT and Concerning Recent CLO Defaults Across Its Portfolio (View Videos) The Board Unanimously Selected the King Street Sub-Adviser for the Strength of Its CLO Platform, Depth of Talent and Expanded Investment Capabilities More Information About the XFLT Proxy Vote Can Be Found Here XFLT Asks Shareholders to Vote on the WHITE Proxy Card "FOR" the King Street Sub-Advisory Agreement at Special Meeting on July 30, 2026 CHICAGO, July 21, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund"), addressed XFLT shareholders directly in a series of
CHICAGO, March 26, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (XAI), a Chicago-based alternative investment management and consulting firm, announced that Lauren Michalak has joined the firm as a managing director and head of product development and strategy, leading efforts in those areas for the firm's proprietary closed-end funds. She will also serve the firm's interval fund consulting clients and research clients. "Lauren has spent two decades operating at the intersection of product innovation, strategy, and enterprise execution. She has led every stage of the product development lifecycle across multiple fund structures, raised over $15 billion of new capital, and driven complex, c
CHICAGO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a Chicago-based alternative investment management and consulting firm, announced that Tom McCabe has joined XAI as a Director of Regional Sales. Mr. McCabe brings vast expertise in product and service offerings specifically focusing on the Registered Investment Advisor (RIA), Broker Dealer, and Family Office networks on the East Coast, to accelerate XAI's distribution efforts in the interval fund and closed-end fund marketplace. Mr. McCabe has more than 15 years of work in financial services, focusing on evolving product and service offerings and working closely within the RIA marketplace. Most recently, he was a Sales
Madison Covered Call & Equity Strategy Fund (NYSE:MCN) ("MCN" or the "Fund") announced three significant changes today. The Fund appointed XA Investments LLC ("XAI") as its investment adviser, and it also retained Madison Asset Management, LLC ("Madison") as its sub-adviser. Additionally, the Fund announced that it would change its corporate name to XAI Madison Equity Premium Income Fund. The Fund expects to trade under its new name on or around December 9, 2024, and it will retain its current New York Stock Exchange ticker MCN. The appointment of XAI and Madison as MCN's investment adviser and sub-adviser, respectively, follows the receipt of approval from the Fund's shareholders at a sp
B. Riley Securities initiated coverage of XAI Octagon FR & Alt with a rating of Buy and set a new price target of $10.50
DEFA14A - XAI Floating Rate & Alternative Income Trust (0001703079) (Filer)
DEFA14A - XAI Floating Rate & Alternative Income Trust (0001703079) (Filer)
DEFA14A - XAI Floating Rate & Alternative Income Trust (0001703079) (Filer)
CHICAGO, June 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.225 per share on the Trust's common shares (NYSE:XFLT), payable on July 1, 2026, to common shareholders of record as of June 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.225 per share. The following dates apply to the declaration: Ex-Dividend DateJune 15, 2026 Record DateJune 15, 2026 Payable DateJuly 1, 2026 Amount$0.225 per common share Change from Previous MonthNo Change Common share distributions may be paid from net investment income
CHICAGO, May 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.225 per share on the Trust's common shares (NYSE:XFLT), payable on June 1, 2026, to common shareholders of record as of May 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.225 per share. The following dates apply to the declaration: Ex-Dividend DateMay 15, 2026 Record DateMay 15, 2026 Payable DateJune 1, 2026 Amount$0.225 per common share Change from Previous MonthNo Change Common share distributions may be paid from net investment income (regula
CHICAGO, March 06, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) (the "Trust") today announced that its Board of Trustees has approved the implementation of a 1-for-5 reverse stock split (the "Reverse Stock Split") of the Trust's common shares of beneficial interest, par value $0.01 per share (the "Common Shares"). As a result of the Reverse Stock Split, every five (5) Common Shares issued and outstanding will be automatically combined into one (1) issued and outstanding Common Share, without any change in the par value per share. The Reverse Stock Split will affect all common shareholders uniformly and will not alter any shareholder's percentag
SC 13G/A - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Subject)
SC 13G/A - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Subject)
SC 13G/A - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Subject)