---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-006964"
form_type: "8-K"
ticker: "XFLT"
cik: "0001703079"
company_name: "XAI Octagon Floating Rate & Alternative Income Trust"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:39:25.114186+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# XFLT Board proposes perpetual fund, new sub-advisory pact; shareholder vote Dec 19

## Summary
- Board unanimously approved eliminating Dec 31, 2029 termination date; fund would become perpetual if shareholders approve.
- New sub-advisory agreement with Octagon Credit Investors due to parent Generali acquisition (closing H1 2024).
- Special shareholder meeting expected Dec 19, 2023; record date Oct 25, 2023.
- Interim sub-advisory agreement with Octagon for up to 150 days post-closing if needed.
- No change in portfolio management, investment objectives, or policies expected.

## SEC filing metadata
- accession: 0001013762-23-006964
- form_type: 8-K
- ticker: XFLT
- cik: 0001703079
- company_name: XAI Octagon Floating Rate & Alternative Income Trust
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703079/000101376223006964/0001013762-23-006964-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703079/000101376223006964/ea164126_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-006964
- JSON: https://secwatch.observer/filing/0001013762-23-006964.json
- Plain text: https://secwatch.observer/filing/0001013762-23-006964.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.