XAI Octagon Floating Rate & Alternative Income Term Trust has announced the redemption of all 1,100,000 shares of its 6.95% Series II 2029 Convertible Preferred Shares. The redemption was completed 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: 0001213900-26-010294), on January 30, 2026, and is solely responsible for the information contained therein.