XFLT
Price:
$4.61
Market Cap:
$351.07M
XAI Octagon Floating Rate Alternative Income Term Trust is a diversified, closed-end management investment company. It invests invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The company was founded on September 27, 2017 and is headquartered in Chicago, IL.
Industry
Asset Management - Income
IPO Date
2017-10-09
Stock Exchange
NYSE
Ticker
XFLT
According to XAI Octagon Floating Rate & Alternative Income Term Trust’s latest financial reports and current stock price. The company's current ROE is 1.57%. This represents a change of -71.92% compared to the average of 5.60% of the last 4 quarters.
The mean historical ROE of XAI Octagon Floating Rate & Alternative Income Term Trust over the last ten years is 1.61%. The current 1.57% ROE has changed -2.19% with respect to the historical average. Over the past ten years (40 quarters), XFLT's ROE was at its highest in in the September 2020 quarter at 32.26%. The ROE was at its lowest in in the March 2020 quarter at -63.02%.
Average
1.61%
Median
2.54%
Minimum
-16.17%
Maximum
16.23%
Discovering the peaks and valleys of XAI Octagon Floating Rate & Alternative Income Term Trust ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual ROE = 16.23%
Minimum Annual Increase = -225.31%
Minimum Annual ROE = -16.17%
| Year | ROE | Change |
|---|---|---|
| 2024 | 10.69% | -31.59% |
| 2023 | 15.63% | -196.65% |
| 2022 | -16.17% | -199.63% |
| 2021 | 16.23% | -225.31% |
| 2020 | -12.96% | 129.43% |
| 2019 | -5.65% | -211.35% |
| 2018 | 5.07% | Infinity% |
The current ROE of XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.38%
5-year avg
2.69%
10-year avg
1.61%
XAI Octagon Floating Rate & Alternative Income Term Trust’s ROE is less than Western Asset High Income Fund II Inc. (8.18%), less than Invesco Advantage Municipal Income Trust II (3.34%), less than Western Asset High Income Opportunity Fund Inc. (5.99%), greater than American Century One Choice Portfolio: Very Conservative Investor Clas (-14.40%), greater than Madison Large Cap Fund Class Y (-215.93%), greater than Madison Large Cap Fund Class A (0%), less than William Blair Emerging Markets Small Cap Growth Fund R6 Class (0%), less than William Blair Emerging Markets Small Cap Growth Fund Class I (0%), less than William Blair Emerging Markets Small Cap Growth Fund Class N (0%), less than Virtus Convertible & Income Fund II (14.22%),
| Company | ROE | Market cap |
|---|---|---|
| 8.18% | $377.39M | |
| 3.34% | $389.00M | |
| 5.99% | $360.43M | |
| -14.40% | $371.02M | |
| -215.93% | $374.95M | |
| 0% | $374.84M | |
| 0% | $380.10M | |
| 0% | $380.42M | |
| 0% | $380.42M | |
| 14.22% | $266.21M |
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