SEC Form DEFA14A filed by XAI Octagon Floating Rate & Alternative Income Trust
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement |
| ☒ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to §240.14a-12 |
XAI Floating Rate & Alternative Income Trust
(Exact Name of Registrant as Specified in its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
| Payment of Filing Fee (Check the appropriate box): | |
| ☒ | No fee required. |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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VOTE FOR THE KING STREET SUB-ADVISORY AGREEMENT
Your Fund’s experienced Board
unanimously recommends shareholders to vote “FOR” a better |
XAI Floating Rate & Alternative Income Trust (XFLT) (the “Fund”) is holding a Special Meeting of Shareholders on July 30, 2026, to approve a new investment sub-advisory agreement (the “King Street Sub-Advisory Agreement”) among the Fund, XA Investments LLC and Rockford Tower Asset Management, L.L.C. (the “King Street Sub-Adviser”), a wholly owned subsidiary of King Street Capital Management, L.P. (“King Street”). King Street’s collateralized loan obligations (CLOs) platform manages $12.3 billion in assets across 20 U.S. CLOs, nine European CLOs and one collateralized bond obligation.
If the proposal is approved, your Fund’s Board believes the King Street Sub-Adviser will be well positioned to improve the Fund’s performance, potentially increase your dividend and execute the Fund’s strategy more dynamically.
| Why XFLT Shareholders Should Vote “FOR” the King Street Sub-Adviser on the WHITE Proxy Card |
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Vote today on the WHITE proxy card
“FOR” the proposal that your Board believes will |
HOW TO VOTE
If you have any questions or need assistance voting your shares please contact our proxy solicitation firm, Okapi Partners LLC, toll-free at (855) 305-0855 or by email at XAI@OkapiPartners.com
EVERY VOTE COUNTS. VOTE “FOR” THE PROPOSAL.