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XAI Octagon Floating Rate & Alternative Income Trust Will Host its Q1 2025 Quarterly Webinar on June 4, 2025
Globenewswire·2025-05-27 20:15

Company Overview - XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) is planning to host a Quarterly Webinar on June 4, 2025, at 12:00 pm (Eastern Time) [1] - The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle [3] - The Trust aims to invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments under normal market conditions [3] Investment Management - XA Investments LLC ("XAI") serves as the Trust's investment adviser, providing investment advisory services and focusing on registered closed-end funds [4] - Octagon Credit Investors, LLC ("Octagon") acts as the Trust's investment sub-adviser, managing a $33.1 billion portfolio focused on below-investment grade corporate credit investments [6] - Octagon employs fundamental credit analysis and active portfolio management to identify attractive relative value opportunities across below-investment grade asset classes [6] Trading Information - The Trust's common shares are traded on the New York Stock Exchange under the symbol "XFLT," and its 6.50% Series 2026 Term Preferred Shares are traded under the symbol "XFLTPRA" [4]