XFLT: Floating Rate Debt Is Now At 16% Yield
seekingalpha
2024-11-07
Richard Drury
Introduction
The XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) is a closed-end fund that holds floating rate assets like CLO debt and equity, senior secured notes, and opportunistic credit strategies. Since inception, it has performed well on a
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