XAI Octagon Trust to Redeem Series 2026 Term Preferred Shares
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On October 10, 2025, XAI Octagon Floating Rate & Alternative Income Trust announced the redemption of its 6.50% Series 2026 Term Preferred Shares.
Key Highlights:
- All 1,596,000 shares to be redeemed on October 31, 2025.
- Redemption price set at $25.00 per share, matching liquidation preference.
- Accumulated dividends of $0.40625 to be paid by October 30, 2025.
- Shares will be redeemed through DTC, no action required by holders.
Original SEC Filing: XAI Octagon Floating Rate & Alternative Income Trust [ XFLT ] - 8-K - Oct. 10, 2025
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