XAI Floating Rate & Alternative Income Trust
Sponsor: XA Investments · Inception Oct 9, 2017 · Pays monthly
Market priceShare price
$18.21
-1.46% ($-0.27)
NAVAsset value per share
$22.30
as of Mar 31, 2026 · SEC filing
Premium / discountPrice vs. assets
18.34% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
14.83%
regular, annualised · on NAV 12.11%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
22.2%
of total managed assets
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:41 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 28, 2026. 505 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Loans | 43.07% | $252M |
| ABS (other) | 37.64% | $220M |
| Short-term investment vehicle | 2.10% | $12.3M |
| CDO/CLO | 16.44% | $96.2M |
| Debt | 0.71% | $4.1M |
| Equity (common) | 0.04% | $239K |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| Jersey | 8.47% | $49.6M |
| Cayman Islands | 44.17% | $258M |
| United States | 43.13% | $252M |
| United Kingdom | 0.84% | $4.9M |
| Bermuda | 0.80% | $4.7M |
| France | 0.70% | $4.1M |
| Canada | 0.65% | $3.8M |
| Luxembourg | 0.63% | $3.7M |
| Netherlands | 0.24% | $1.4M |
| China | 0.17% | $993K |
| Sweden | 0.09% | $505K |
| JM | 0.07% | $417K |
Region
| Region | % net assets | Value |
|---|---|---|
| Offshore domiciles | 44.97% | $263M |
| United States | 43.13% | $252M |
| Developed Europe | 10.96% | $64.1M |
| Canada | 0.65% | $3.8M |
| Asia ex-Japan | 0.17% | $993K |
| Other | 0.07% | $417K |
| Australia & New Zealand | 0.05% | $319K |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 97.90% | $573M |
| Registered fund | 2.10% | $12.3M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 97.90% | $573M |
| Level 1 | 2.10% | $12.3M |
| Level 3 | 0.00% | $0 |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $585M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 505 positions
Page 3 of 3 · ← prev
| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Apidos CLOrestricted | 03766JAC0 | ABS | CORP | Cayman Islands | 1,300,000 | principal | $6.4K | 0.00% | 2 |
| Anchorage Capital CLO LTDrestricted | 03330BAC4 | ABS | CORP | Cayman Islands | 1,400,000 | principal | $3K | 0.00% | 2 |
| ALM Loan Fundingrestricted | 00166DAC5 | ABS | CORP | Cayman Islands | 5,000,000 | principal | $500 | 0.00% | 2 |
| Marine One Holdco, LLC (West Marine) - Equity | — | Equity | CORP | United States | 5,865 | shares | $0 | 0.00% | 2 |
| Needle Exit TL | — | Equity | CORP | United States | 119,194 | shares | $0 | 0.00% | 3 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 28, 2026 | 505 | 100.0% | $585M | full |
| Mar 31, 2026 | May 28, 2026 | 509 | 100.0% | $580M | full |
| Dec 31, 2025 | Feb 26, 2026 | 536 | 100.0% | $674M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for XAI Floating Rate & Alternative Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.