XAI Octagon Floating Rate & Alternative Income Term Trust [XFLT] Stock Forecast

6 out of 22 CEF sectors positive on price and 10 out of 22 sectors positive on NAV last week. XFLT boosts distribution by +16.44%.

For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive month.

XFLT: CLO Fund Delivers 3% Annual Total Returns Since Inception, Here Is Why

The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks.

XFLT is benefiting from higher interest rates, even if the share price doesn't seem to reflect this. Their latest quarterly report shows distribution coverage climbing to 119%.

We review CEF market valuation and performance through the third week of March and highlight recent market action. Outside of preferred and MLP CEFs, the CEF space was broadly flat as lower Treasury yields and higher stocks provided much-needed tailwinds.

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

One major worry for retirees is running out of money. It's a true but scary fact that most retirees see a massive income cut when they retire.

XFLT yields 12.64% and pays monthly. We cover several other monthly floating rate CEFs.

Your retirement should be a time of enjoyment and not financial stress. Expenses and the need for money to pay them are two constants in life at any stage of the game.

XAI Octagon Floating Rate & Alternative Income Term Trust is a US stock , located in Chicago of Il and trading under the symbol XFLT

XAI Octagon Floating Rate & Alternative Income Term Trust stock price is $6.5499 today.

Yes, XAI Octagon Floating Rate & Alternative Income Term Trust is a publicly traded company.