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XAI is aggressively pushing to replace its long-tenured sub-adviser, Octagon Credit Investors, with King Street affiliate Rockford Tower. Under XAI's primary proposal, retail investors get hit with the same 1.7% management fee, while XAI pockets the savings from a cheaper sub-advisory contract. Incumbent sub-adviser Octagon has launched a direct offensive, offering to entirely cut out XAI, assume full management,…

NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors, LLC (“Octagon” or “we” or “our”), the sub-adviser to XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Fund”), today issued an open letter to the Fund's shareholders urging them to vote AGAINST the approval of a new sub-advisory agreement at the Fund's special meeting of shareholders (the “Special Meeting”) on July 30, 2026. The full text of…

Managed, leveraged fixed-income funds offer liquidity and instant diversification across thousands of complex institutional credit facilities. Strengthening demographic demand from an aging U.S. population delivers acyclical structural tailwinds to healthcare investments. Broad closed-end funds convert standard large- and small-cap stock movements into highly visible, managed distributions.

XFLT Hosts  Webinar on Benefits of the King Street Sub-Adviser

Fees Will  NOT Increase If Proposal Is Approved Terminated Sub-Adviser Octagon's “Proven Investment Team” Responsible for -54% NAV Erosion at XFLT and Seven CLO Defaults Across Its Own Portfolio XFLT Asks Shareholders to Vote on the WHITE Proxy Card “FOR” the King Street Sub-Advisory Agreement at Special Meeting on July 30, 2026 CHICAGO, July 18, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), manager of XAI…