Octagon Responds to Increasingly Desperate Claims by XFLT’s Board
Notes that Board Seemingly Conducted Inadequate Diligence on its Proposed Sub-Adviser
Board’s Proposal Would Increase Fees Paid to XAI While Replacing a Proven Investment Team
Urges Shareholders to Vote AGAINST the New Sub-Adviser Proposal
Octagon Credit Investors, LLC (“Octagon” or “our”), a leading credit-focused asset manager with 30 years of experience, today responded to the ongoing false claims made by XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or “XFLT”) in connection with XFLT’s upcoming special meeting of shareholders, which is scheduled to be held on July 30, 2026 (the “Special Meeting”).
