DividendJun 1, 2026, 04:15 PM
XAI Octagon Declares Monthly Distribution of $0.225/Share
AI Summary
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has declared a regular monthly distribution of $0.225 per common share, payable on July 1, 2026. Shareholders of record as of June 15, 2026, will receive the distribution. This amount represents no change from the previous month's distribution, aligning with the Trust's goal to maintain stable monthly distributions over time.
Key Highlights
- XAI Octagon declared a regular monthly distribution of $0.225 per common share.
- The distribution amount remains unchanged from the previous month.
- The distribution is payable on July 1, 2026.
- The record date and ex-dividend date are both June 15, 2026.
- Distributions may be paid from net investment income, capital gains, and/or return of capital.
- The Trust aims to maintain stable common share monthly distributions over time.
- Investment objective is to seek attractive total return with an emphasis on income generation.
- At least 80% of Managed Assets will be invested in floating rate credit instruments.
Price Impact
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