XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) 5-Year Yield-on-Cost % : 16.35 (As of May. 24, 2024)

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What is XAI Octagon Floating Rate & Alternativeome Trust 5-Year Yield-on-Cost %?

XAI Octagon Floating Rate & Alternativeome Trust's yield on cost for the quarter that ended in Sep. 2023 was 16.35.

The historical rank and industry rank for XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

XFLT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 9.41 Med: 12.19 Max: 22.57
Current: 16.35

During the past 7 years, XAI Octagon Floating Rate & Alternativeome Trust's highest Yield on Cost was 22.57. The lowest was 9.41. And the median was 12.19.

XFLT's 5-Year Yield-on-Cost % is ranked better than
93.26% of 1217 companies
in the Asset Management industry
Industry Median: 5.89 vs XFLT: 16.35

Competitive Comparison of XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost % falls into.

XAI Octagon Floating Rate & Alternativeome Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of XAI Octagon Floating Rate & Alternativeome Trust is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

XAI Octagon Floating Rate & Alternativeome Trust (NYSE:XFLT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

XAI Octagon Floating Rate & Alternativeome Trust 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654

Website

https://www.xainvestments.com

XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.

Executives

Theodore J Brombach	officer: President & CEO, other: Interested Trustee	321 N. CLARK STREET, CHICAGO IL 60054
John Yogi Spence	officer: CFO & Treasurer	321 N. CLARK STREET, CHICAGO IL 60054
Randi Jean Roessler	officer: Chief Compliance Officer	C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Benjamin Mcculloch	officer: Secretary & CLO	321 NORTH CLARK STREET, SUITE 2430, CHICAGO IL 60654
John P Mcgarrity	officer: Chief Legal & Secretary	321 N. CLARK STREET, CHICAGO IL 60054
Eagle Point Credit Management Llc	10 percent owner	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Ep Dif Cayman I Lp	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Core Income Fund Lp	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Cif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Sean Michael Gleason	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Philip G Franklin	other: Trustee	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Andrew David Gordon	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Scott C Jones	other: Trustee	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Maegan Gallagher Boger	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177