Business Context and Reporting Period
This Form 8-K is a current report filed by XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT), a closed-end fund incorporated in Delaware. The report covers events occurring on December 2, 2019.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the declaration of a regular monthly distribution.
- Monthly Distribution: $0.073 per share
- Record Date: December 16, 2019
- Payment Date: December 31, 2019
Material Changes
The filing reports the declaration of a regular monthly distribution. No material changes to the company's financial position, operations, or capital structure compared to prior periods are detailed in this specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies beyond the standard disclosure of the distribution event.
Key Facts for Investor Verification
- Verify the ex-dividend date to determine eligibility for the $0.073 per share distribution.
- Confirm the record date of December 16, 2019, for shareholder eligibility.
- Note that this filing is a distribution announcement and does not contain updated financial performance data.