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XAI Octagon Floating Rate & Alternative Income Term Trust 6.50% Series 2026 Term Preferred Shares

The fund sold an additional 400,000 shares on 9/2021 at $25 plus accrued dividends

Ticker: XFLT-A

Parent Ticker: XFLT

OTC Grey Market Temporary Ticker: NA

Issuance Date: 03/24/2021

1st Call Date: 03/31/2023

Maturity Date: 03/31/2026

Shares Issued: 1,040,000

Overallotment Shares: 156,000

Coupon: 6.50%

Face Value: $25.00

Cumulative: Yes

Qualified: Variable

Quarterly Dividend Amount: 0.4063

Payment Months: JAN, APR, JUL, OCT

Payment Day: Last Day

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: NR

Fitch Rating: NR

Egan-Jones Rating: NR