XFLT Files 8-K for Jan 24 Event; Routine Disclosure

TL;DR

**XFLT just filed a routine 8-K, showing they're keeping up with SEC rules.**

AI Summary

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) filed an 8-K on January 25, 2024, reporting an event that occurred on January 24, 2024. This filing is a routine disclosure under Regulation FD and includes financial statements and exhibits. While the specific details of the event are not explicitly stated in the provided text, the filing indicates ongoing compliance with SEC reporting requirements. For investors, this matters because it confirms the company is maintaining transparency and adhering to regulatory obligations, which is a positive sign for corporate governance.

Why It Matters

This filing indicates XFLT is actively complying with SEC regulations, which is crucial for maintaining investor confidence and market transparency.

Risk Assessment

Risk Level: low — This 8-K is a standard compliance filing and does not indicate any new material risks or changes to the company's operations.

Analyst Insight

A smart investor would note this as a routine compliance filing, indicating no immediate need for action but reinforcing the company's adherence to regulatory standards.

Key Players & Entities

• XAI Octagon Floating Rate & Alternative Income Term Trust (company) — the registrant filing the 8-K
• January 24, 2024 (date) — date of the earliest event reported
• January 25, 2024 (date) — date the 8-K was filed
• 811-23247 (dollar_amount) — Commission File Number
• 82-235867 (dollar_amount) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $25.00 — ferred Shares (Liquidation Preference $25.00) XFLTPRA New York Stock Exchange

Filing Documents

• ea168851_8k.htm (8-K) — 36KB
• ea168851_ex3-1.htm (EX-3.1) — 19KB
• ea168851_ex3-2.htm (EX-3.2) — 3KB
• ea168851_ex99-1.htm (EX-99.1) — 22KB
• ex99-1_001.jpg (GRAPHIC) — 4KB
• 0001213900-24-006188.txt ( ) — 310KB
• xflt-20240124.xsd (EX-101.SCH) — 4KB
• xflt-20240124_def.xml (EX-101.DEF) — 26KB
• xflt-20240124_lab.xml (EX-101.LAB) — 36KB
• xflt-20240124_pre.xml (EX-101.PRE) — 25KB
• ea168851_8k_htm.xml (XML) — 5KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure Amendment of Declaration of Trust and Name Change At a special meeting of shareholders held on December 19, 2023, and adjourned to January 24, 2024 (the "Special Meeting"), shareholders of XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") approved an amendment (the "Term Amendment") to the Trust's Second Amended and Restated Agreement and Declaration of Trust (the "Declaration of Trust") to cause the Trust to become a perpetual fund by eliminating the requirement that it terminate operations on or about December 31, 2029. Shareholders will still own the same Shares of the Trust, and the net asset value of an investment in the Trust will not change as a result of the Term Amendment. Further, the Term Amendment will not result in any change in the Trust's investment objectives or principal investment strategies and the Trust's current portfolio management team will continue to manage the Trust's portfolio. In connection with the Term Amendment, the Trust's name will change to "XAI Octagon Floating Rate & Alternative Income Trust." The Term Amendment and an amendment to the Amended and Restated By-Laws of the Trust (the "By-Laws") reflecting the changes will be effective February 1, 2024. The Term Amendment is attached hereto as Exhibit 3.1, and the Amendment to the By-Laws is attached hereto as Exhibit 3.2. On January 24, 2024, the Fund issued a press release in connection with the adoption of the amendment, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. New Sub-Advisory Agreement Also at the Special Meeting, shareholders approved a new investment sub-advisory agreement (the "New Sub-Advisory Agreement") among the Trust, XA Investments LLC and Octagon Credit Investors, LLC ("Octagon"). The New Sub-Advisory Agreement will be entered into upon the closing of the acquisition of Octagon's parent company, Conning Holdings Limited, by Generali Investment Holdings, an entity

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 3.1 Amendment to the Declaration of Trust 3.2 Amendment to the By-Laws 99.1 Press Release, dated January 24, 2024 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TERM TRUST Date: January 24, 2024 By: /s/ Benjamin D. McCulloch Name: Benjamin D. McCulloch Title: Secretary and Chief Legal Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR