XFLT Vs. OCCI: Which Double-Digit Yielding Fund Is The Better Buy?

  • XFLT and OCCI are high-yield, CLO-focused closed-end funds, but XFLT offers a safer portfolio with more senior secured loans. OCCI carries higher risk and volatility due to its heavy allocation to CLO equity, while XFLT balances risk with lower-yield, lower-risk assets. XFLT has outperformed OCCI in total returns since inception and currently trades at a discount to NAV, making it more attractive for income investors.