XAI Octagon shareholders approve perpetual fund status (eff. Feb 1) and new Octagon sub-advisory agreement

XAI Octagon Floating Rate & Alternative Income Trust

Shareholders approved removing termination date of Dec 31, 2029, making the trust perpetual effective Feb 1, 2024.
Name changes to XAI Octagon Floating Rate & Alternative Income Trust; ticker XFLT unchanged.
New sub-advisory agreement with Octagon Credit Investors approved; will take effect upon Generali's acquisition of Conning, expected H1 2024.
No changes to investment objectives, strategies, portfolio management, or fee structure.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.