XAI believes that the investing public benefits from better access to institutional alternative strategies. As such, the firm has partnered with Octagon Credit Investors, LLC, a leading institutional credit investor and top 10. U.S. CLO issuer.1
XAI Octagon Floating Rate & Alternative Income Trust
XFLT is a listed closed-end fund which trades on the NYSE. The Trust is dynamically managed and invests primarily within the private credit markets including floating-rate loans, CLO debt and CLO equity. The Trust’s portfolio as of December 31, 2018 was invested in CLO debt and equity (47%), first lien and second lien loans (47%) and other investments (6%).
XAI Octagon Credit Trust
XOCT is a non-listed closed-end fund that will invest primarily in CLO debt and CLO equity securities.