CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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XAI Octgn Flt Rt & Alt Incm Trm (XFLT)

Taxable Bond Funds - Loan Participation

Data as of July 17, 2018
Current
Market Price $9.59 (+ $0.08)
NAV (July 17, 2018) $9.52 (+ $0.01)
Premium / Discount 0.74% (+0.74%)
Fund Info
Inception Sept. 27, 2017
Sponsor XA Investments LLC
Website http://xainvestments.c...
Phone
NAV Symbol XFLTX
Objective: Seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
Related Indexes
Investment Grade Bond Index
US Bond Index
Capital & Leverage
Outstanding Shares 8,347,991
Gross Assets (Reported: Feb. 2, 2018) $121M
Estimated Gross Assets $118M
Net Assets $79M
Market Cap $80M
Purchases Turnover 393.21%
Sales Turnover 158.06%
Total Leverage 32.40%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.34%
Non Lev Exp Ratio 3.16%
Rel Lev Cost 2.48%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -6.30%
Discount High(3 Yr) 17.95%
Discount Rel Range 29.02%
Comp Discount 8.24
Discount St Dev (1Yr)
Z-Stat
Z-Stat (6mo) 1.96
Z-Stat (1Yr)
Z-Stat (3Yr)
Comp Z-Stat (6mo) 2.99
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 8.63%
Income Yield 8.63%
Lev Adj NAV Yield 6.57%
Distribution Frequency M
Current Distribution $0.069
Current Income $0.069
Ex-Date 7/13/18
Payable Date 8/1/18
Div Growth (3yr) %
Dividend Change % on
Expected Div 8/1/18
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $348
Avg Volume 30 day 55,542
Avg Volume 90 day 36,297
Volume Trend 53.02%
Comp Volume Trend 52.69%
Correlation & Volatility
NAV - Price Correlation (30 d) -59.4%
NAV - Price Correlation (90 d) -28.0%
NAV - Price Correlation (1 Yr) %
Price St Dev (1Yr) %
NAV St Dev (1Yr) %
Earnings
Earnings / Share (3/31/18) $0.043
Earn Coverage 62.75%
Earnings Trend None
UNII / Share (3/31/18) $-0.088
Rel UNII -10.57
UNII Trend None
Bond Specific Data
Maturity 8.32
Duration
Credit Rating (rbo)
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Senior Loan Index

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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