XFLT: XAI Octagon Floating Rate & Alternative Income Term Trust
XAI / Octagon · CLO / Credit
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year XFLT paid 19.6% but its total return was -21.3%, so none of the payout was earned: the price fell by more than the fund paid out.
| Earned % (3 months) | below -100% |
| Earned % (1 year) | below -100% |
| Earned % (full history, up to 5 yrs) | -42% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 26.9 / 100 · rank #383 of 420. How the score works
Risk
| Sortino ratio (1Y) | -1.62 |
| Sharpe ratio (1Y) | -1.19 |
| Steadiness vs S&P 500 | 60% |
| Beta to S&P 500 | 0.51 |
| Correlation to S&P 500 | 0.31 |
| Max drop (1Y) | -33.4% |
| Max drop (up to 5 yrs) | -47.0% |
| Trend | Downtrend |
| History | 5.0 yrs |
Vs. HYG (what it's built on)
| Upside capture | 89% |
| Downside capture | 182% |
| Capture ratio | 0.49 |
| Beta | 1.15 |
| Correlation | 0.20 |
| Tracking | – |
On days HYG rose, XFLT caught 89% of the gain; on days it fell, XFLT took 182% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Monthly.
| Ex-date | Amount |
|---|---|
| 2026-10-15 | $0.2250 |
| 2026-09-15 | $0.2250 |
| 2026-08-17 | $0.2250 |
| 2026-07-15 | $0.2250 |
| 2026-06-15 | $0.2250 |
| 2026-05-15 | $0.2250 |
| 2026-04-15 | $0.2250 |
| 2026-03-16 | $0.3000 |
| 2026-02-17 | $0.3000 |
| 2026-01-15 | $0.3000 |
| 2025-12-15 | $0.3500 |
| 2025-11-17 | $0.3500 |
Funds that track the same thing
Other Credit / High Yield / CLOs income funds, ranked by DT Score. See them all · Compare XFLT with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JAAA Janus Henderson AAA CLO ETF | CLO / Credit | 4.9% | 4.8% | +4.7% | 98% | 15% | -4% | – | 75 | 75 | Downtrend |
| CLOA iShares AAA CLO Active ETF | CLO / Credit | 4.7% | 4.3% | +4.5% | 103% | 13% | -4% | – | 74 | 74 | Downtrend |
| CLOI VanEck CLO ETF | CLO / Credit | 4.7% | 4.6% | +4.6% | 98% | 14% | -5% | – | 72 | 82 | Mixed |
| PCMM BondBloxx Private Credit CLO ETF | CLO / Credit | 5.0% | 5.5% | +4.9% | 91% | 24% | 3% | – | 65 | 91 | Uptrend |
| KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF | CLO / Credit | 6.6% | 6.8% | +4.7% | 69% | 67% | 53% | – | 60 | 67 | Downtrend |
| BKLN Invesco Senior Loan ETF | CLO / Credit | 7.4% | 6.4% | +4.0% | 66% | 50% | 34% | – | 58 | 75 | Downtrend |
| JBBB Janus Henderson B-BBB CLO ETF | CLO / Credit | 6.2% | 6.2% | +3.8% | 64% | 50% | 36% | – | 57 | 68 | Downtrend |
| PGP PIMCO Global StocksPLUS & Income Fund | CEF - Fixed Income | 10.1% | 10.1% | +5.9% | 57% | 162% | 145% | – | 57 | 47 | Downtrend |
| CLOZ Eldridge BBB-B CLO ETF | CLO / Credit | 8.0% | 7.2% | +4.4% | 61% | 34% | 18% | – | 56 | 66 | Downtrend |
| JFR Nuveen Floating Rate Income Fund | CEF - Fixed Income | 12.8% | 13.2% | +4.3% | 34% | 81% | 61% | – | 53 | 48 | Downtrend |
About XFLT
| Issuer | XAI / Octagon |
| Structure | CEF |
| Category | CLO / Credit |
| Strategy | Floating-rate loans, CLO equity; term trust |
| Underlying | Loans, CLOs |
| Exposure | Credit / High Yield / CLOs |
| Index linkage | No - active |
| Pays | Monthly |
| Expense ratio | – |
| Launched | 2021-09 |
| Uses leverage | Yes |
| Upside capped | No |
| Rate sensitivity | Low |
| Return of capital common | Sometimes |
| Tax notes | Ordinary |
Research notes: Verify.
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