XFLT to redeem all 1.596M 6.50% Series 2026 Preferred Shares at $25.00 on Oct 31

XAI Octagon Floating Rate & Alternative Income Trust

Full redemption of 1,596,000 outstanding 6.50% Series 2026 Term Preferred Shares (XFLTPRA) at $25.00 per share on October 31, 2025.
Accumulated dividends of $0.40625 per share from July 31 to Oct 30, 2025 will be paid to holders of record on Oct 15, 2025.
No action required by holders; shares are held in book-entry form through DTC and will be automatically surrendered.
After redemption, all rights of holders cease except to receive Redemption Price; distributions stop accruing as of Oct 31.

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.