DividendMay 1, 2026, 04:17 PM
XAI Octagon Declares $0.225 Monthly Distribution
AI Summary
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has declared a regular monthly distribution of $0.225 per common share, payable on June 1, 2026, to shareholders of record as of May 15, 2026. This distribution amount remains unchanged from the previous month. The Trust clarified that distributions may be sourced from net investment income, capital gains, or a return of capital, with specific tax characteristics to be reported post-year-end.
Key Highlights
- Declared a regular monthly distribution of $0.225 per common share.
- The distribution amount represents no change from the previous month.
- The distribution is payable on June 1, 2026.
- The record date and ex-dividend date are both May 15, 2026.
- Trust seeks attractive total return with an emphasis on income generation.
- At least 80% of Managed Assets are invested in floating rate credit instruments and structured credit.
Price Impact
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