XFLT VP John Yogi Spence Buys $34K of Stock

XAI Floating Rate & Alternative Income Trust (NYSE:XFLT) Vice President John Yogi Spence purchased 2,000 shares of the company on October 21, 2026. According to a Form 4 filing with the U.S. Securities and Exchange Commission, the shares were acquired at a price of $17.07 each, totaling roughly $34,140.

XFLT XAI Floating Rate & Alternative Income Trust

$16.91 ▼ -18.78% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Inside John Yogi Spence's XFLT Trade

The transaction boosted Spence's direct holdings by 1.78%. Following the purchase, the vice president owns a total of 114,357 shares in the asset management trust. The trade was executed in the open market and was not part of a pre-arranged trading plan.

Other Institutional Activity in XFLT

Other large institutional investors have also adjusted their positions in the trust recently. SIT Investment Associates Inc trimmed its holdings by 29,966 shares, ending with 632,994 shares worth about $10,703,928. Eagle Point Credit Management, LLC kept its stake steady at 439,852 shares valued at roughly $7,437,897. Matisse Capital grew its holdings by 1,996 shares, ending with 346,096 shares worth about $5,852,483. Bulldog Investors, LLP boosted its stake by 129,565 shares, or 69.3%, to hold 316,500 shares valued at about $5,352,014. Citadel Advisors Llc added 143,410 shares, doubling its stake with 286,821 shares worth about $4,850,143.

XAI Floating Rate & Alternative Income Trust Stock Down 0.7%

The stock recently traded around $16.91 as of October 22, 2026. That puts the shares roughly 13.3% above their 52-week low of $14.93 and about 32.6% below their 52-week high of $25.10. The shares are also trading below both their 50-day moving average of $19.08 and their 200-day moving average of $18.79.

Dividend

The trust pays an annual dividend rate of $2.70 per share, giving it a dividend yield of roughly 15.85% based on recent trading levels.

Insider Buying and Selling at XAI Floating Rate & Alternative Income Trust

Insider activity over the prior year included several other transactions. On February 21, 2025, John Yogi Spence bought 2,000 shares at a price of $6.38 for a total value of $12,760. On September 11, 2025, Trustee Scott Craven Jones sold 13,008 shares at $5.62 each, totaling $73,119. On October 24, 2025, affiliate Lauren Kristen Law purchased 20,000 shares at $5.01 for a total value of $100,140. Later, on February 19, 2026, John Yogi Spence bought another 5,000 shares at $3.90 apiece, totaling $19,500.

About XAI Floating Rate & Alternative Income Trust

XAI Floating Rate & Alternative Income Trust is headquartered in Chicago, Illinois, and operates as a closed-end management investment company focusing on floating-rate debt and alternative income investments. Insider transactions at the trust are closely monitored by investors looking for signals on how leadership views the fund's asset portfolio relative to market prices.

Bottom Line

Investors tracking the trust will watch for future SEC filings to see if additional insiders follow suit with open-market purchases. No analysts currently maintain active price targets on the stock, leaving market pricing and dividend payouts as the primary focus for shareholders.