XAI Octagon Floating Rate & Alternative Income Term Trust has amended its bylaws to eliminate the Non-Call Period for its 6.95% Series II 2029 Convertible Preferred Shares. This change allows the Trust to redeem these shares earlier than previously permitted. The Trust has announced its intention to call for redemption all 1,100,000 outstanding shares of this series on January 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XAI Octagon Floating Rate & Alternative Income Term Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-126693), on December 30, 2025, and is solely responsible for the information contained therein.