XFLT - Dividend announcements

CHICAGO, June 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.225 per share on the Trust's common shares (NYSE:XFLT), payable on July 1, 2026, to common shareholders of record as of June 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.225 per share. The following dates apply to the declaration:   Ex-Dividend DateJune 15, 2026  Record DateJune 15, 2026  Payable DateJuly 1, 2026  Amount$0.225 per common share  Change from Previous MonthNo Change   Common share distributions may be paid from net investment income

CHICAGO, May 01, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.225 per share on the Trust's common shares (NYSE:XFLT), payable on June 1, 2026, to common shareholders of record as of May 15, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.225 per share. The following dates apply to the declaration: Ex-Dividend DateMay 15, 2026  Record DateMay 15, 2026  Payable DateJune 1, 2026  Amount$0.225 per common share  Change from Previous MonthNo Change Common share distributions may be paid from net investment income (regula

CHICAGO, March 06, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) (the "Trust") today announced that its Board of Trustees has approved the implementation of a 1-for-5 reverse stock split (the "Reverse Stock Split") of the Trust's common shares of beneficial interest, par value $0.01 per share (the "Common Shares"). As a result of the Reverse Stock Split, every five (5) Common Shares issued and outstanding will be automatically combined into one (1) issued and outstanding Common Share, without any change in the par value per share. The Reverse Stock Split will affect all common shareholders uniformly and will not alter any shareholder's percentag

CHICAGO, March 02, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.060 per share on the Trust's common shares (NYSE:XFLT), payable on April 1, 2026, to common shareholders of record as of March 16, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share. The following dates apply to the declaration: Ex-Dividend DateMarch 16, 2026  Record DateMarch 16, 2026  Payable DateApril 1, 2026  Amount$0.060 per common share  Change from Previous MonthNo Change Common share distributions may be paid from net investment inco

CHICAGO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.060 per share on the Trust's common shares (NYSE:XFLT), payable on March 2, 2026, to common shareholders of record as of February 17, 2026, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.060 per share. The following dates apply to the declaration: Ex-Dividend DateFebruary 17, 2026  Record DateFebruary 17, 2026  Payable DateMarch 2, 2026  Amount$0.060 per common share  Change from Previous Month            No Change   Common share distributions may be paid fr

CHICAGO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.060 per share on the Trust's common shares (NYSE:XFLT), payable on January 30, 2026, to common shareholders of record as of January 15, 2026, as noted below. The distribution amount represents a 14.29% decrease from the previous month's $0.070 per share. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust's investment portfolio is primarily comprised of floating-rate credit instruments. The Federal Reserve's recent reductio

CHICAGO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.070 per share on the Trust's common shares (NYSE:XFLT), payable on December 31, 2025, to common shareholders of record as of December 15, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.070 per share. The following dates apply to the declaration:    Ex-Dividend Date  December 15, 2025  Record Date  December 15, 2025  Payable Date  December 31, 2025  Amount  $0.070 per common share  Change from Previous Month              No change Common share distribut

CHICAGO, Nov. 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.070 per share on the Trust's common shares (NYSE:XFLT), payable on December 1, 2025, to common shareholders of record as of November 17, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.070 per share. The following dates apply to the declaration:   Ex-Dividend DateNovember 17, 2025  Record DateNovember 17, 2025  Payable DateDecember 1, 2025  Amount$0.070 per common share  Change from Previous MonthNo change   Common share distributions may be paid from n

CHICAGO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has reached an agreement with certain institutional investors for the purchase and sale of 7,300,000 shares of the Trust's 5.92% Series A Mandatory Redeemable Preferred Shares due January 31, 2031 (the "Mandatory Redeemable Preferred Shares"), liquidation preference $10.00 per share. The Trust expects to receive net proceeds (before expenses) from the sale of the Mandatory

CHICAGO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.070 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share ClassEx-Dividend DateRecord DatePayable DateAmountChange from Previous DeclarationXFLTOctober 15, 2025October 15, 2025November 3, 2025$0.070No ChangeXFLTPRAOctober 15, 2025October 15, 2025October 31, 2025$0.40625No Change1  Common share distributions may be paid from net i

CHICAGO, Sept. 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.070 per share on the Trust's common shares (NYSE:XFLT), payable on October 1, 2025, to common shareholders of record as of September 16, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.070 per share. The following dates apply to the declaration:    Ex-Dividend DateSeptember 16, 2025  Record DateSeptember 16, 2025  Payable DateOctober 1, 2025  Amount$0.070 per common share  Change from Previous Month            No change   Common share distributions

CHICAGO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.070 per share on the Trust's common shares (NYSE:XFLT), payable on September 2, 2025, to common shareholders of record as of August 15, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.070 per share. The following dates apply to the declaration:    Ex-Dividend Date  August 15, 2025  Record Date  August 15, 2025  Payable Date  September 2, 2025  Amount  $0.070 per common share  Change from Previous Month              No change    Common share distribution

CHICAGO, July 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.070 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share ClassEx-Dividend DateRecord DatePayable DateAmountChangefromPreviousDeclarationXFLTJuly 15, 2025July 15, 2025August 1, 2025$0.070No ChangeXFLTPRAJuly 15, 2025July 15, 2025July 31, 2025$0.40625No Change1 Common share distributions may be paid from net investment income (reg

CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on June 2, 2025, to common shareholders of record as of May 15, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per share. The following dates apply to the declaration:   Ex-Dividend DateMay 15, 2025  Record DateMay 15, 2025  Payable DateJune 2, 2025  Amount$0.077 per common share  Change from Previous Month            No change   Common share distributions may be paid from net investmen

CHICAGO, April 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share ClassEx-Dividend DateRecord DatePayable DateAmountChange from Previous DeclarationXFLTPRAApril 14, 2025April 14, 2025April 30, 2025$0.40625No Change1       The Trust's net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust's investments in CLOs are subject to comp

CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on May 1, 2025, to common shareholders of record as of April 15, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per share. The following dates apply to the declaration: Ex-Dividend Date April 15, 2025  Record Date April 15, 2025  Payable Date May 1, 2025  Amount $0.077 per common share  Change from Previous Month No change    Common share distributions may be paid from net investment

CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the "Fund"), has declared its regular monthly distribution of $0.06 per share on the Fund's common shares (NYSE:MCN) payable on May 1, 2025, June 2, 2025, and July 1, 2025. The total amount equals $0.18 and represents no change from the previous quarter's distribution amount. As previously announced in its distribution declaration dated March 3, 2025, the Fund has changed its distribution frequency from quarterly to monthly, effective with the April 1, 2025 declaration. XA Investments believes this change will enable investors to better manage their cash flow needs. The following dates apply to the declar

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the "Fund" or "MCN") has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares, payable on April 1, 2025, to shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous quarter's distribution amount of $0.18 per common share. In addition, the Fund announced that it will change its distribution frequency from quarterly to monthly. The first monthly declaration will be made on April 1, 2025, and the first monthly distribution will be made on May 1, 2025. Kimberly Flynn, President of XA Investments, sai

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on April 1, 2025, to common shareholders of record as of March 17, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per common share. The following dates apply to the declaration:    Ex-Dividend Date March 17, 2025  Record Date March 17, 2025  Payable Date April 1, 2025  Amount $0.077 per common share  Change from Previous Month No change    Common share distributions may be paid from n

CHICAGO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share on the Trust's common shares (NYSE:XFLT), payable on March 3, 2025, to common shareholders of record as of February 18, 2025, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.077 per share. The following dates apply to the declaration: Ex-Dividend DateFebruary 18, 2025  Record DateFebruary 18, 2025  Payable DateMarch 3, 2025  Amount$0.077 per common share  Change from Previous MonthNo change  Common

CHICAGO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.077 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share ClassEx-Dividend DateRecord DatePayable DateAmountChange from Previous DeclarationXFLTJanuary 16, 2025January 16, 2025February 3, 2025$0.077No ChangeXFLTPRAJanuary 15, 2025January 15, 2025January 31, 2025$0.40625No Change1 _______________________________1 The Trust's 6

Madison Covered Call & Equity Strategy Fund (the "Fund") has declared its regular quarterly distribution of $0.18 per share on the Fund's common shares (NYSE:MCN), payable on December 31, 2024, to shareholders of record as of December 17, 2024, as noted below. The amount of the distribution represents no change from the previous quarter's distribution amount of $0.18 per share. The following dates apply to the declaration:   Ex-Dividend Date   December 17, 2024   Record Date   December 17, 2024   Payable Date   December 31, 2024   Amount   $0.18 per share   Change from Previous Quarter

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on December 2, 2024, to common shareholders of record as of November 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date   November 15, 2024   Record Date   November 15, 2024   Payable Date   December 2, 2024   Amount   $0.085 per common share   Change from Previous Month   No change Commo

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT October 15, 2024 October 15, 2024 November 1, 2024 $0.085 No Change XFLTPRA October 15, 2024 October 15, 2024 October 31, 2024 $0.40625 No Change1 Common share di

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on October 1, 2024, to common shareholders of record as of September 17, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date   September 17, 2024   Record Date   September 17, 2024   Payable Date   October 1, 2024   Amount   $0.085 per common share   Change from Pre

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on September 3, 2024, to common shareholders of record as of August 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date   August 15, 2024   Record Date   August 15, 2024   Payable Date   September 3, 2024   Amount   $0.085 per common share   Change from Pr

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT July 15, 2024 July 15, 2024 August 1, 2024 $0.085 No Change XFLTPRA July 15, 2024 July 15, 2024 July 31, 2024

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of 1,800,000 shares of the Trust's 6.95% Series II 2029 Convertible Preferred Shares due December 2029 (the "Convertible Preferred Shares"), liquidation preference $25.00 per share. Assuming the issuance and sale of all of the Convertible Preferred Shares, the Trust expects to receive net proceeds (before expenses) fr

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on July 1, 2024, to common shareholders of record as of June 17, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date June 17, 2024   Record Date June 17, 2024   Payable Date July 1, 2024   Amount $0.085 per common share   Change from Previous Month No change Common share

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on June 3, 2024, to common shareholders of record as of May 16, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date   May 15, 2024   Record Date   May 16, 2024   Payable Date   June 3, 2024   Amount   $0.085 per common share   Change from Previous Month

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT April 12, 2024 April 15, 2024 May 1, 2024 $0.085 No Change XFLTPRA April 12, 2024 April 15, 2024 April 30, 2024 $0.4062

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on April 1, 2024, to common shareholders of record as of March 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date   March 14, 2024   Record Date   March 15, 2024   Payable Date   April 1, 2024   Amount   $0.085 per common share   Change from Previous Mont

XAI Octagon Floating Rate & Alternative Income Trust (the "Trust")1 has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on March 1, 2024, to common shareholders of record as of February 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date   February 14, 2024   Record Date   February 15, 2024   Payable Date   March 1, 2024   Amount   $0.085 per common share   Change from Pre

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT January 12, 2024 January 16, 2024 February 1, 2024 $0.085 No Change XFLTPRA January 12, 2024 January 16, 2024 January 31

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on December 28, 2023, to common shareholders of record as of December 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date   December 14, 2023   Record Date   December 15, 2023   Payable Date   December 28, 2023   Amount   $0.085 per common share   Cha

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of 1,200,000 shares of the Trust's 6.95% Series 2029 Convertible Preferred Shares due June 2029 (the "Convertible Preferred Shares"), liquidation preference $25.00 per share. The Trust expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $27.9 millio

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on December 1, 2023, to common shareholders of record as of November 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date   November 14, 2023   Record Date   November 15, 2023   Payable Date   December 1, 2023   Amount   $0.085 per common share   Change from

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT October 13, 2023 October 16, 2023 November 1, 2023 $0.085 No Change XFLTPRA October 13, 2023 October 16, 2023 October 31

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on October 2, 2023, to common shareholders of record as of September 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration:   Ex-Dividend Date   September 14, 2023   Record Date   September 15, 2023   Payable Date   October 2, 2023   Amount   $0.085 per common share   Chan

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on September 1, 2023, to common shareholders of record as of August 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date August 14, 2023   Record Date August 15, 2023   Payable Date September 1, 2023   Amount $0.085 per common share   Change from Previous Month No change

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT July 14, 2023 July 17, 2023 August 1, 2023 $0.085 No Change XFLTPRA July 14, 2023 July 17, 2023 July 31, 2023 $0.4

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on July 3, 2023, to common shareholders of record as of June 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date   June 14, 2023   Record Date   June 15, 2023   Payable Date   July 3, 2023   Amount   $0.085 per common share   Change from Previous Month

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE:XFLT), payable on June 1, 2023, to common shareholders of record as of May 16, 2023, as noted below. The amount of the distribution represents a 16.44% increase from the previous month's distribution amount of $0.073 per share.   The following dates apply to the declaration:   Ex-Dividend Date May 15, 2023   Record Date May 16, 2023   Payable Date June 1, 2023   Amount $0.085 per common share   Change from Prev

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT April 14, 2023 April 17, 2023 May 1, 2023 $0.073 No Change XFLTPRA April 14, 2023 April 17, 2023 May 1, 2023 $0.40625 No Change1 Common share

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on April 3, 2023 to common shareholders of record as of March 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration: Ex-Dividend Date March 14, 2023   Record Date March 15, 2023   Payable Date April 3, 2023   Amount $0.073 per common share   Change from Previous Month No change Common share distributions may be paid from net investment in

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on March 1, 2023 to common shareholders of record as of February 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration:   Ex-Dividend Date   February 14, 2023       Record Date   February 15, 2023       Payable Date   March 1, 2023       Amount   $0.073 per common share      

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class   Ex-Dividend Date   Record Date   Payable Date   Amount   Change from Previous Declaration XFLT   January 13, 2023   January 17, 2023   February 1, 2023   $0.073   No Change XFLTPRA   January 13, 2023   January 17, 2023   January 31, 2023   $0.40625

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on December 30, 2022 to common shareholders of record as of December 15, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration:   Ex-Dividend Date   December 14, 2022   Record Date   December 15, 2022   Payable Date   December 30, 2022   Amount   $0.073 per common share   Change from Previous Month   No change

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on December 1, 2022 to common shareholders of record as of November 15, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration:   Ex-Dividend Date November 14, 2022   Record Date November 15, 2022   Payable Date December 1, 2022   Amount $0.073 per common share   Change from Previous Month No change Common share distributions may be paid fr

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class   Ex-Dividend Date   Record Date   Payable Date   Amount   Change from Previous Declaration XFLT   October 14, 2022   October 17, 2022   November 1, 2022   $0.073   No Change XFLTPRA   October 14, 2022   October 17, 2022   October 31, 2

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on October 3, 2022 to common shareholders of record as of September 16, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration:   Ex-Dividend Date   September 15, 2022   Record Date   September 16, 2022   Payable Date   October 3, 2022   Amount   $0.073 per common share   Change from Previous Month   No change Common sha

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on September 1, 2022 to common shareholders of record as of August 15, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration: Ex-Dividend Date   August 15, 2022   Record Date   August 16, 2022   Payable Date   September 1, 2022   Amount   $0.073 per common share   Change from Previous Month   No change Common share distribu

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT July 14, 2022 July 15, 2022 August 1, 2022 $0.073 No Change XFLTPRA July 14, 2022 July 15, 2022 August 1, 2022 $0.40625 No Change1 Common share distributions

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of 400,000 shares of the Trust's 6.00% Series 2029 Convertible Preferred Shares due June 2029 (the "Convertible Preferred Shares"), liquidation preference $25.00 per share. The Trust expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $9.3 million.

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on July 1, 2022 to common shareholders of record as of June 15, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration: Ex-Dividend Date   June 14, 2022     Record Date   June 15, 2022     Payable Date   July 1, 2022     Amount   $0.073 per common share     Change from Previous Month   No change Common share

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on June 1, 2022 to common shareholders of record as of May 16, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration:   Ex-Dividend Date   May 13, 2022   Record Date   May 16, 2022   Payable Date   June 1, 2022   Amount   $0.073 per common share   Change from Previous Month   No change Common share distributions may be

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT April 14, 2022 April 18, 2022 May 2, 2022 $0.073 No Change XFLTPRA April 14, 2022 April 18, 2022 May 2, 2022 $0.40625 No Change1 Common share distributions m

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on April 1, 2022 to common shareholders of record as of March 15, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration: Ex-Dividend Date   March 14, 2022   Record Date   March 15, 2022   Payable Date   April 1, 2022   Amount   $0.073 per common share   Change from Previous Month   No change Common share distributions may be pa

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share on the Trust's common shares (NYSE:XFLT), payable on March 1, 2022 to common shareholders of record as of February 15, 2022, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. The following dates apply to the declaration: Ex-Dividend Date February 14, 2022   Record Date February 15, 2022   Payable Date March 1, 2022   Amount $0.073 per common share   Change from Previous Month No change Common share distributions may be paid from

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") has declared its regular monthly distribution of $0.073 per share of the Trust's common shares (NYSE:XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaration XFLT January 14, 2022 January 18, 2022 February 1, 2022 $0.073 No Change XFLTPRA January 14, 2022 January 18, 2022 January 31, 2022 $0.40625 No Change1 Common sha