[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) received a Form 5, the annual statement of changes in beneficial ownership filed under Section 16. The filing covers the issuer’s fiscal year ended 09/30/2025 and is marked as a Form filed by one reporting person.

The reporting person is identified as an Other: Sub‑Adviser Senior Adviser. The standard tables for non‑derivative and derivative securities are included in the form. The document is signed by Andrew David Gordon on 11/14/2025.

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

OMB APPROVAL

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X

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^*

Gordon Andrew David

(Last) (First) (Middle)

250 PARK AVENUE, 15TH FLOOR

(Street)

NEW YORK NY 10177

(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)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Sub-Adviser Senior Adviser

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

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:

	Andrew David Gordon	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 file in this disclosure?

An annual Form 5 reporting changes in beneficial ownership under Section 16 for XAI Octagon Floating Rate & Alternative Income Trust (XFLT).

What fiscal year does this Form 5 cover for XFLT?

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

Who is the reporting person on this Form 5 for XFLT?

The filing is signed by Andrew David Gordon and indicates the role Other: Sub‑Adviser Senior Adviser.

Is this Form 5 filed by one or multiple reporting persons?

It is marked as Form filed by One Reporting Person.

What securities tables are included in the Form 5?

The form includes Table I for non‑derivative securities and Table II for derivative securities.

When was the Form 5 signed?

The signature date shown is 11/14/2025.

What is the issuer’s full name and ticker?

XAI Octagon Floating Rate & Alternative Income Trust with ticker XFLT.