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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 Term 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 was invested in CLO debt and equity (), first lien and second lien loans () and other investments ().


Private Label Registered Funds

Thornburg Investment Management

For more information, please contact Robert Chenoweth at or 888-903-3358

Private Funds

Post Advisory Group
Entourage Effect Capital

For more information about the services XA Investments can provide to fund managers, please contact Robert Chenoweth at or 888-903-3358

Risk Considerations

An investment in a fund or partnership/LLC is subject to investment risk, including the possible loss of your entire investment. There can be no assurance that a fund or partnership/LLC investment objectives will be achieved.

This information does not constitute an offer to sell, or a solicitation of an offer to invest in any fund or partnership/LLC.

XFLT is a listed closed-end fund and shares of listed closed-end management investment companies frequently trade at a discount from their net asset value, which is a risk separate and distinct from the risk that the fund's net asset value could decrease as a result of its investment activities. XFLT invests primarily in below investment grade instruments, which are commonly referred to as “high yield” securities or “junk” bonds. Investments in below investment grade securities are considered predominantly speculative with respect to the issuer’s capacity to pay interest and repay principal when due and such issuers are not perceived as strong financially, relative to those with higher credit ratings. XFLT invests a significant portion of its assets in CLO debt and CLO equity, which often involve risks that are different from or more acute than risks associated with other types of credit instruments. For more detailed information on the specific risks associated with XFLT, please view the Risks.

This information does not constitute an offer to sell, or a solicitation of an offer to invest in any fund or partnership/LLC.

Any offer to invest in a partnership/LLC will be made exclusively to qualified investors on a private placement basis, and only by means of the partnership’s/LLC’s private placement or offering memorandum, which contains detailed information concerning the investment terms and the risks associated with an investment. An investment in a partnership/LLC is not suitable for all investors. Before making any investment in a partnership/LLC, you should thoroughly review the private placement or offering memorandum with your legal, financial and tax advisors to determine whether an investment in such partnership/LLC is suitable for you. You should not rely in any way on this information.

Past performance is not a guarantee of future results.

Private Funds: (i) often engage in leveraging and other speculative investment practices that may increase the risk of investment loss; (ii) can be highly illiquid; (iii) are not required to provide periodic pricing or valuation information to investors; (iv) may involve complex tax structures and delays in distributing important tax information; (v) are not subject to the same regulatory requirements as registered investment companies; (vi) often charge high fees.

The information contained on this site is strictly confidential and intended for Accredited Investors, Qualified Clients and Qualified Purchasers approved by XA Investments, LLC.

1S&P Global as of December 31, 2020. Octagon is a top 10 US CLO issuer on a 1-year, 3-year, 5-year and 7-year basis. Represents US CLOs, excludes middle market CLOs.