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The latest announcement is out from XAI Octagon Floating Rate & Alternative Income Term Trust ( (XFLT) ).
XAI Octagon Floating Rate & Alternative Income Term Trust, a closed-end fund specializing in floating-rate and alternative income investments, actively manages a diversified credit portfolio to provide income-focused returns to its shareholders. The Trust announced that, as previously disclosed on December 30, 2025, it redeemed all 1,100,000 issued and outstanding 6.95% Series II 2029 Convertible Preferred Shares on January 30, 2026, marking a completed capital structure change that affects preferred shareholders and may alter the Trust’s financing and distribution profile going forward.
More about XAI Octagon Floating Rate & Alternative Income Term Trust
XAI Octagon Floating Rate & Alternative Income Term Trust is a closed-end management investment company that focuses on generating income for investors through a portfolio of floating-rate credit instruments and alternative income strategies.
Average Trading Volume: 656,828
Find detailed analytics on XFLT stock on TipRanks’ Stock Analysis page.