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 date is March 1, 2019, covering 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 data disclosed is the distribution declaration:
- Monthly Distribution: $0.069 per share
- Record Date: March 15, 2019
- Payment Date: April 1, 2019
Material Changes
The filing does not report material changes to the company's financial position, operations, or capital structure compared to prior periods. The report is limited to the routine announcement of the monthly distribution.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies. It strictly serves to notify shareholders of the distribution details as outlined in the accompanying press release (Exhibit 99.1).
Investor Verification Checklist
- Verify the record date of March 15, 2019, to confirm eligibility for the $0.069 per share distribution.
- Confirm the payment date of April 1, 2019, for cash flow planning.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-K or 10-Q for comprehensive metrics.