Welcome to our dedicated page for XAI Octagon Floating Rate & Alternative Income Trust SEC filings (Ticker: XFLT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
XAI Octagon Floating Rate & Alternative Income Trust filings document the regulatory record for a NYSE-listed closed-end fund with common shares of beneficial interest and preferred share financing. Proxy materials cover trustee elections and shareholder voting by common and preferred holders, while Form 8-K reports address amendments to preferred-share preferences, redemptions, securities purchase agreements, and unregistered sales of mandatory redeemable preferred shares.
The filing record also includes exchange and registration matters for preferred securities, including Form 25 notices, alongside capital-structure disclosures tied to leverage, liquidation preferences, redemption terms, and fund governance.
XAI Octagon Floating Rate & Alternative Income Trust disclosed a Schedule 13G reporting that Sun Life Assurance Company of Canada and parent Sun Life Financial Inc. beneficially own 5,000,000 Mandatory Redeemable Preferred Shares, representing 65% of that class as of 10/31/2025.
SLA reports sole voting and dispositive power over 5,000,000 shares. SLF, as the parent, reports shared voting and dispositive power over 5,000,000 shares. The filing is made on Schedule 13G, with the filers certifying the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
The securities reported are the issuer’s Mandatory Redeemable Preferred Shares identified by CUSIP 98400TA*7. The issuer’s principal offices are in Chicago, Illinois, and the reporting persons’ principal business office is in Toronto, Canada.
XAI Octagon Floating Rate & Alternative Income Trust announced the removal of a specific security from the NYSE. The Exchange filed Form 25 to delist and/or deregister the Trust’s 6.50% Series 2026 Term Preferred Shares, which carry a liquidation preference of $25.00 per share. The filing cites Exchange Act Rule 12d2‑2, noting the Exchange’s compliance to strike the class and the Issuer’s compliance with requirements for voluntary withdrawal from listing and registration.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT): a reporting person purchased 20,000 common shares on 10/24/2025 at a price of $5.007 per share, as shown by transaction code P.
Following this transaction, the reporting person beneficially owned 20,000 shares, held directly. The filing indicates the role as Other — Sub-Adviser Inv Comm Member and was filed by one reporting person.
XAI Octagon Floating Rate & Alternative Income Trust agreed to issue and sell up to 7,300,000 Series A Mandatory Redeemable Preferred Shares (MRP) at $10.00 per share in two private transactions under Section 4(a)(2). On October 21, 2025, the Trust closed the first tranche of 5,000,000 MRP Shares, receiving approximately $50 million in net proceeds before expenses, and intends to use the funds to refinance existing leverage, including redeeming its 6.50% Series 2026 Term Preferred Shares, and for general corporate purposes.
The Purchasers committed to buy an additional 2,300,000 MRP Shares at a second closing on December 18, 2025. The MRP Shares carry a 5.92% annual dividend on the $10.00 liquidation preference, payable quarterly on January 31, April 30, July 31 and October 31, starting January 31, 2026. They rank senior to common shares, are on parity with the Trust’s other preferred, and must be redeemed on January 31, 2031 at liquidation preference plus unpaid dividends. Optional redemptions include a make‑whole feature, and asset coverage tests at 225% and 200% trigger optional or mandatory redemptions, respectively. The MRP Shares will not be listed and transfers require the Trust’s consent.
XAI Octagon Floating Rate & Alternative Income Trust will redeem all 1,596,000 outstanding 6.50% Series 2026 Term Preferred Shares on October 31, 2025 at $25.00 per share, equal to their liquidation preference.
Holders of these preferred shares will also receive accumulated quarterly dividends of $0.40625 per share for the period from July 31, 2025 to October 30, 2025, payable to shareholders of record on October 15, 2025. After the redemption and dividend payment, the trust expects no accumulated unpaid dividends on this series, and the redeemed shares will cease to be outstanding.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Form 4 shows reporting person Scott C. Jones, listed as an officer, disposed of 13,008.6313 common shares on 09/11/2025 at a reported price of $5.6208 per share. The filing reports 0 shares owned following the transaction. The Form 4 is signed 09/12/2025 and identifies the reporting person address as c/o XA Investments in Chicago. No derivative transactions or additional details are reported.