XFLT vs. AOD, DCF, LDP, RSF, NMAI, and AIO
Should you be buying XAI Octagon Floating Rate & Alternative Income Trust stock or one of its competitors? The main competitors of XAI Octagon Floating Rate & Alternative Income Trust include Aberdeen Total Dynamic Dividend Fund (AOD), BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (DCF), Cohen & Steers Limited Duration Preferred and Income Fund (LDP), RiverNorth Capital and Income Fund (RSF), Nuveen Multi-Asset Income Fund (NMAI), and Virtus Artificial Intelligence & Technology Opportunities Fund (AIO). These companies are all part of the "miscellaneous" sector.
XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) and Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) are both miscellaneous companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, risk, valuation, institutional ownership, analyst recommendations, earnings and community ranking.
In the previous week, XAI Octagon Floating Rate & Alternative Income Trust had 4 more articles in the media than Aberdeen Total Dynamic Dividend Fund. MarketBeat recorded 6 mentions for XAI Octagon Floating Rate & Alternative Income Trust and 2 mentions for Aberdeen Total Dynamic Dividend Fund. XAI Octagon Floating Rate & Alternative Income Trust's average media sentiment score of 1.26 beat Aberdeen Total Dynamic Dividend Fund's score of -1.50 indicating that XAI Octagon Floating Rate & Alternative Income Trust is being referred to more favorably in the media.
Aberdeen Total Dynamic Dividend Fund received 9 more outperform votes than XAI Octagon Floating Rate & Alternative Income Trust when rated by MarketBeat users. Likewise, 68.42% of users gave Aberdeen Total Dynamic Dividend Fund an outperform vote while only 61.65% of users gave XAI Octagon Floating Rate & Alternative Income Trust an outperform vote.
XAI Octagon Floating Rate & Alternative Income Trust pays an annual dividend of $1.02 per share and has a dividend yield of 14.2%. Aberdeen Total Dynamic Dividend Fund pays an annual dividend of $0.69 per share and has a dividend yield of 8.3%. XAI Octagon Floating Rate & Alternative Income Trust pays out 117.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
XAI Octagon Floating Rate & Alternative Income Trust currently has a consensus price target of $8.00, suggesting a potential upside of 11.73%. Given XAI Octagon Floating Rate & Alternative Income Trust's higher probable upside, research analysts plainly believe XAI Octagon Floating Rate & Alternative Income Trust is more favorable than Aberdeen Total Dynamic Dividend Fund.
Summary
XAI Octagon Floating Rate & Alternative Income Trust beats Aberdeen Total Dynamic Dividend Fund on 6 of the 9 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding XFLT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
XAI Octagon Floating Rate & Alternative Income Trust Competitors List
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