XFLT - Leadership updates

CHICAGO, July 31, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund") urges shareholders to vote today on the WHITE card "FOR" the long-term appointment of interim sub-adviser Rockford Tower Asset Management, L.L.C. (the "King Street Sub-Adviser"), a wholly owned subsidiary of King Street Capital Management, L.P. ("King Street"), ahead of the reconvened Special Meeting of Shareholders on August 6, 2026. Your Vote Is Important. Vote Today "FOR" the Approval of The King Street Sub-Advisory Agreement. How to Vote: The Board urges XFLT shareholders to follow recommendations from Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co

Asserts that Board’s Eleventh-Hour Proposal to Conduct Small, Contingent Tender Offers Will Not Maximize Long-Term Value for Shareholders Calls on the Board to Adopt a Comprehensive and Unconditional Plan to Narrow the Price-to-NAV Gap The Board Should Reduce Management Fees, Execute Material Tender Offers and Revert XFLT to a Term Trust Urges Shareholders to Vote AGAINST the New Sub-Adviser Proposal Before the July 30 Special Meeting Octagon Credit Investors, LLC ("Octagon," "we" or "our"), a leading credit-focused asset manager with over 30 years of experience, today responded to the liquidity plan announced by the Board of Trustees (the "Board") of XAI Floating Rate & Alternative

The Board Should Heed the Will of Shareholders as Expressed at the Upcoming Special Meeting Calls on the Board to Hold the July 30 Special Meeting without Postponement or Delay Octagon Credit Investors, LLC ("Octagon", "we", "our" or "us"), a leading credit-focused asset manager with over 30 years of experience, today issued an open letter urging its fellow shareholders of XAI Floating Rate & Alternative Income Trust (NYSE:XFLT) (the "Fund" or "XFLT") to vote AGAINST the proposal to approve a new sub-advisory agreement (the "New Sub-Adviser Proposal") at the Fund’s special meeting of shareholders (the "Special Meeting") on July 30, 2026. The full text of Octagon’s letter is below: J

Two Leading Proxy Advisory Firms Recommend Shareholders Vote on the WHITE card "FOR" the Approval of the King Street Sub-Adviser Ahead of July 30th Meeting CHICAGO, July 24, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC, manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund"), announced that Glass, Lewis & Co. LLC ("Glass Lewis"), a leading independent proxy advisory firm, joined Institutional Shareholder Services Inc. ("ISS") in recommending that shareholders of XFLT vote on the WHITE card "FOR" the approval of a new investment sub-advisory agreement among the Fund, XA Investments LLC and Rockford Tower Asset Management, L.L.C. (the "King Street Sub-Adviser"), a wholly

CHICAGO, March 26, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC (XAI), a Chicago-based alternative investment management and consulting firm, announced that Lauren Michalak has joined the firm as a managing director and head of product development and strategy, leading efforts in those areas for the firm's proprietary closed-end funds. She will also serve the firm's interval fund consulting clients and research clients. "Lauren has spent two decades operating at the intersection of product innovation, strategy, and enterprise execution. She has led every stage of the product development lifecycle across multiple fund structures, raised over $15 billion of new capital, and driven complex, c

CHICAGO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI"), a Chicago-based alternative investment management and consulting firm, announced that Tom McCabe has joined XAI as a Director of Regional Sales. Mr. McCabe brings vast expertise in product and service offerings specifically focusing on the Registered Investment Advisor (RIA), Broker Dealer, and Family Office networks on the East Coast, to accelerate XAI's distribution efforts in the interval fund and closed-end fund marketplace. Mr. McCabe has more than 15 years of work in financial services, focusing on evolving product and service offerings and working closely within the RIA marketplace. Most recently, he was a Sales

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) ("MCN" or the "Fund") announced three significant changes today. The Fund appointed XA Investments LLC ("XAI") as its investment adviser, and it also retained Madison Asset Management, LLC ("Madison") as its sub-adviser. Additionally, the Fund announced that it would change its corporate name to XAI Madison Equity Premium Income Fund. The Fund expects to trade under its new name on or around December 9, 2024, and it will retain its current New York Stock Exchange ticker MCN. The appointment of XAI and Madison as MCN's investment adviser and sub-adviser, respectively, follows the receipt of approval from the Fund's shareholders at a sp

XA Investments LLC ("XAI"), a Chicago-based alternative investment management and consulting firm, has welcomed Paul Dunn as a Senior Advisor. After a successful investment management career that culminated at Bluerock Capital Markets, Paul will advise XAI on sales and distribution. XAI provides individual investors with access to institutional-caliber alternative managers by partnering with established industry professionals with proven capabilities in alternative credit, private debt, and select hedge fund strategies. "Paul's executive leadership in the alternatives market is second to none. We are pleased to have him join the XAI senior advisor group and lend his interval fund expertise