B. Riley Securities initiated coverage on XAI Octagon FR & Alt with a new price target
$XFLT
Investment Managers
Finance
B. Riley Securities initiated coverage of XAI Octagon FR & Alt with a rating of Buy and set a new price target of $10.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/23/2021 | $10.50 | Buy | B. Riley Securities |
3 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
3 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
4 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Issuer)
CHICAGO, April 23, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), an alternative investment management and consulting firm, announced today that its Non-Listed Closed-End Funds First Quarter 2025 Market Update shows a strong start to 2025 in both fund launches and asset gathering. The market update is a comprehensive research report detailing current market trends and industry highlights. The non-listed closed-end fund (CEF) market includes all interval and tender offer funds. The report introduces the XAI Interval Fund Index™ (INTVL), analyzes recent developments in co-investment relief, and reviews 2024 net flows across the market. "The non-listed CEF market continues to grow afte
CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a leader in closed-end interval and tender offer fund research, announced the launch of the new XAI Interval Fund Index ("INTVL"). A total return index, INTVL tracks interval/tender offer funds registered under the Investment Company Act of 1940, with over $100 million in net assets. At the end of March 2025, the Index's 77 constituents combined for more than $103 billion in total net assets, or roughly 60% of the net asset value for the entire interval and tender offer fund market. The Index has a January 2023 base date with two years of historical performance. "The XAI Interval Fund Index will give asset managers a
CHICAGO, April 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share ClassEx-Dividend DateRecord DatePayable DateAmountChange from Previous DeclarationXFLTPRAApril 14, 2025April 14, 2025April 30, 2025$0.40625No Change1 The Trust's net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust's investments in CLOs are subject to comp
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)
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
XA Investments LLC ("XAI"), a Chicago-based alternative investment management and consulting firm, has welcomed Paul Dunn as a Senior Advisor. After a successful investment management career that culminated at Bluerock Capital Markets, Paul will advise XAI on sales and distribution. XAI provides individual investors with access to institutional-caliber alternative managers by partnering with established industry professionals with proven capabilities in alternative credit, private debt, and select hedge fund strategies. "Paul's executive leadership in the alternatives market is second to none. We are pleased to have him join the XAI senior advisor group and lend his interval fund expertise
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)
B. Riley Securities initiated coverage of XAI Octagon FR & Alt with a rating of Buy and set a new price target of $10.50
8-K - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Filer)
N-2 - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Filer)
N-CEN - XAI Octagon Floating Rate & Alternative Income Trust (0001703079) (Filer)
CHICAGO, April 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share ClassEx-Dividend DateRecord DatePayable DateAmountChange from Previous DeclarationXFLTPRAApril 14, 2025April 14, 2025April 30, 2025$0.40625No Change1 The Trust's net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust's investments in CLOs are subject to comp
CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on May 1, 2025, to common shareholders of record as of April 15, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per share. The following dates apply to the declaration: Ex-Dividend Date April 15, 2025 Record Date April 15, 2025 Payable Date May 1, 2025 Amount $0.077 per common share Change from Previous Month No change Common share distributions may be paid from net investment
CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the "Fund"), has declared its regular monthly distribution of $0.06 per share on the Fund's common shares (NYSE:MCN) payable on May 1, 2025, June 2, 2025, and July 1, 2025. The total amount equals $0.18 and represents no change from the previous quarter's distribution amount. As previously announced in its distribution declaration dated March 3, 2025, the Fund has changed its distribution frequency from quarterly to monthly, effective with the April 1, 2025 declaration. XA Investments believes this change will enable investors to better manage their cash flow needs. The following dates apply to the declar