XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) announced today its plans to conduct the Trust’s Quarterly Webinar on May 30, 2024, at 11:00 am (Eastern Time). Kimberly Flynn, President at XA Investments (“XAI”), will lead the Q&A style webinar alongside Steven Perry, Vice President at XAI, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors.
Joining Details:
- Web Access: Visit the Knowledge Bank section on xainvestments.com or use this registration link to join online.
- Telephone Access: After joining via web, participants preferring audio via phone can select this option and dial one of the following numbers based on their location:
- Dial: (312) 626-6799, (267) 831-0333, (646) 558-8656, (213) 338-8477, (720) 928-9299
- Webinar ID: 873 0125 4144
Replay: A replay of the webinar will be available in the Knowledge Bank section on xainvestments.com or through the initial registration link.
Investment Objective: The Trust aims to achieve attractive total returns, focusing on income generation across various stages of the credit cycle. It does so by investing in a dynamically managed portfolio primarily within the private credit markets. Under normal conditions, at least 80% of its Managed Assets are invested in floating rate credit instruments and other structured credit investments. However, there is no guarantee that the Trust will meet its investment objectives.
Trading Information: The Trust’s common shares trade on the New York Stock Exchange under the symbol “XFLT,” while its 6.50% Series 2026 Term Preferred Shares are traded under the symbol “XFLTPRA.”
About XA Investments: XA Investments LLC (“XAI”) serves as the Trust’s investment adviser, offering investment advisory services, fund structuring, and consulting focused on registered closed-end funds for institutional clients. XAI aims to provide individual investors access to institutional-quality alternative managers. For more information, please visit www.xainvestments.com.
About XMS Capital Partners: Established in 2006, XMS Capital Partners, LLC is a global independent financial services firm providing M&A, corporate advisory, and asset management services with offices in Chicago, Boston, and London. For more information, please visit www.xmscapital.com.
About Octagon Credit Investors: Octagon Credit Investors, LLC (“Octagon”) acts as the Trust’s investment sub-adviser, specializing in below-investment grade corporate credit investments such as leveraged loans, high yield bonds, and structured credit. With over 25 years of experience and managing $34.0 billion in assets, Octagon employs a disciplined approach to generate attractive risk-adjusted returns. For more details, please visit www.octagoncredit.com.
Important Information: XAI does not provide tax advice; investors should consult a professional tax advisor regarding their specific tax situation. Income may be subject to state, local, and federal alternative minimum taxes.
Investors are advised to carefully consider the Trust’s investment objectives, policies, risks, charges, and expenses before investing. For more information, visit the Trust’s webpage at www.xainvestments.com.
This press release does not constitute an offer to sell or a solicitation to buy securities, nor will there be any sale of securities in any jurisdiction where such offer, solicitation, or sale is unlawful before registration or qualification under the securities laws of that jurisdiction.
