[Form 5] XAI Octagon Floating Rate & Alternative Income Trust Annual Statement of Beneficial Ownership

Rhea-AI Filing Summary

XAI Octagon Floating Rate & Alternative Income Trust (XFLT) disclosed an annual insider ownership update on Form 5 for the fiscal year ended 09/30/2025. A director reported 2,787.469 common shares of beneficial interest, held directly, and 8,000 preferred shares, also held directly. The footnote states that the common share total includes 636.799 shares received through the XFLT Dividend Reinvestment Plan. No derivative securities were reported.

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

Meyers William T.

(Last) (First) (Middle)

C/O XA INVESTMENTS, LLC

321 N. CLARK STR

(Street)

CHICAGO IL 60054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
XAI Octagon Floating Rate & Alternative Income Trust [ XFLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Shares of Beneficial Interest							2,787.469(1)	D
Preferred Shares							8,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares beneficially owned reflect 636.799 received through the XFLT Dividend Reinvestment Plan

	/s/ William Meyers	11/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did XFLT disclose in this Form 5?

An annual insider ownership update showing a director’s directly held 2,787.469 common shares and 8,000 preferred shares as of the fiscal year ended 09/30/2025.

How many XFLT common shares were reported?

The filing lists 2,787.469 common shares of beneficial interest held directly.

Does the total include dividend reinvestment shares?

Yes. The footnote states the total includes 636.799 shares received through the XFLT Dividend Reinvestment Plan.

How many preferred shares were reported?

The insider reported 8,000 preferred shares, held directly.

Were any derivative securities reported?

No. The filing lists no positions in derivative securities.

What is the insider’s relationship to XFLT?

The filer is a Director of XFLT and filed as one reporting person.

What period does the report cover?

It covers XFLT’s fiscal year ended 09/30/2025.