• XAI Floating Rate & Alternative Income Trust’s board adjourned a special shareholder meeting, delaying a vote on a proposed sub-adviser transition.
• Octagon Credit Investors criticized the delay, citing heavy solicitation efforts by the board and adviser XA Investments.
• Octagon said the adjournment signals insufficient shareholder support for the new sub-adviser proposal.
• Octagon urged shareholders to vote against the proposal, backing steps to narrow the discount to NAV and cut fees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XAI Floating Rate & Alternative Income Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730673548) on July 30, 2026, and is solely responsible for the information contained therein.