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 August 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 figure disclosed is the distribution declaration:
- Monthly Distribution: $0.073 per share
- Record Date: August 15, 2019
- Payment Date: September 3, 2019
Material Changes
The filing reports the declaration of a regular monthly distribution. No material changes to operations, financial condition, or capital structure compared to prior periods are detailed in this specific document.
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. No unusual items are reported.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.073 per share distribution.
- Confirm the record date of August 15, 2019, for shareholder eligibility.
- Review the Trust's most recent periodic report (e.g., Form 10-K or 10-Q) for comprehensive financial data, as this 8-K does not contain revenue or balance sheet information.