XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) Q4 2022 Earnings Conference Call March 2, 2023 11:00 AM ET
Company Participants
Robert Chenoweth - Product Specialists, XA Investments
Kimberly Flynn - Managing Director
Gretchen Lam - Senior Portfolio Manager, Octagon Credit Investors
Conference Call Participants
Robert Chenoweth
My name is Robert Chenoweth, Product Specialists at XA Investments, and I will be your moderator. In today's webinar, we will provide a Fourth Quarter Update for XFLT and take questions from the audience.
Before we begin, there are a few disclosures I'd like to make you aware of. The information discussed today does not constitute investment tax, legal, regulatory, or accounting advice. This information should not be considered as an offer to sell or buy any security. Investors are advised to make an independent review before purchasing or selling. Investments carry a risk of loss and past performance does not guarantee future results.
All right. So, a couple of housekeeping items. Registrants will receive a link to the replay following the webinar, I'll send that to the e-mail you provided when you registered. You can also resource additional information on our website at xainvestments.com under the Knowledge Bank tab. We will be taking questions today. [Operator Instructions] We may not be able to answer all the questions that come in, so please feel free to reach out to us after the webinar, we'll share our contact info towards the end.
So speakers, today, we are joined by Gretchen Lamb from Octagon Credit Investors. Gretchen joined Octagon in 1999 and is a member of Octagon's Investment Committee and serves as a Senior Portfolio Manager Across CLOs and oversees the firm's structured credit investment strategies.
We are also joined today by Kimberly Flynn. Kim is a founding partner and Managing Director at XA Investments, responsible for all product and business development activities. Previously, Kim was Head of Product Development at Nuveen, leading their Global Structured Products Group.
So, as I mentioned, we have prepared questions and topics to discuss on our webinar today. They'll be relevant to XFLT and the bank loan and CLO market. These topics will all correspond with the slides in our presentation, which you will have access to along with the replay.
So, I'll give a quick review of Octagon Credit investors, and then we'll hand it over to Kim. So, Octagon has focused on below investment-grade credits since 1994 with assets under management of $33.8 billion. Their investment process is rooted in fundamental credit and relative value analysis. They are an experienced team with a track record exceeding 25 years and they're a leading institutional credit investor.