Octagon Urges XFLT Shareholders to Stay the Course and Reject the New Sub-Adviser Proposal
NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors, LLC (“Octagon,” “we” or “our”), a leading credit-focused asset manager with over 30 years of experience, today issued an open letter to shareholders of XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or “XFLT”). The full text of Octagon's letter is below: Dear Fellow XFLT Shareholders, Over the last five weeks, XFLT's Board of Trustees (the “Board”).