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 June 1, 2018.
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 declaration of a regular monthly distribution.
- Monthly Distribution: $0.069 per share
- Record Date: June 15, 2018
- Payment Date: July 2, 2018
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. The document strictly serves to announce the distribution event referenced in Item 8.01.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.069 per share distribution.
- Confirm the record date of June 15, 2018, for shareholder eligibility.
- Review the full press release (Exhibit 99.1) for any additional context regarding the distribution policy not included in the 8-K summary.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-K or 10-Q for comprehensive metrics.