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, on June 3, 2019. The filing reports a corporate event regarding the declaration of a regular monthly distribution.
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 distribution declaration:
- Monthly Distribution: $0.073 per share
- Record Date: June 17, 2019
- Payment Date: July 1, 2019
Material Changes
The filing does not disclose material changes in financial performance, assets, or liabilities compared to prior periods. The report is limited to the announcement of the scheduled distribution.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies beyond the standard distribution announcement.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.073 per share distribution.
- Confirm the record date of June 17, 2019, for shareholder eligibility.
- Review the Trust's most recent periodic report (e.g., Form N-CSR) for comprehensive financial data, as this 8-K does not contain revenue or balance sheet information.