XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) focuses on achieving attractive total returns through a diversified portfolio of fixed income and alternative assets. The company primarily invests in floating-rate credit instruments and other structured credit products, including but not limited to, leveraged loans, high-yield bonds, and collateralized loan obligations (CLOs). XFLT aims to provide a high level of current income to its investors, along with the potential for capital appreciation. The trust operates under the guidance of Octagon Credit Investors, LLC, leveraging their expertise to identify and manage investments that meet its risk-return profile. By strategically selecting assets, XAI Octagon Floating Rate & Alternative Income Term Trust endeavors to navigate various market conditions, seeking to deliver consistent and competitive returns to its shareholders.