Business Context and Reporting Period
This Form 8-K is filed by XAI Octagon Floating Rate & Alternative Income Trust (XFLT) for the reporting period of January 30, 2026. The filing addresses a specific corporate event under Item 8.01 (Other Events).
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or margin data. The only specific financial metric disclosed relates to the redemption of preferred shares:
- Redemption Volume: 1,100,000 shares.
- Security Type: 6.95% Series II 2029 Convertible Preferred Shares.
- Transaction Date: January 30, 2026.
Information regarding total debt, liquidity, or operating cash flow is not present in this document.
Material Changes
The primary material change reported is the full redemption of the Trust's outstanding 6.95% Series II 2029 Convertible Preferred Shares. This action was previously announced on December 30, 2025, and executed on the date of this report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the execution of the announced redemption. No unusual items or contingencies are disclosed in this report.
Investor Verification Checklist
- Verify the cash outflow impact of redeeming 1,100,000 Series II preferred shares on the Trust's liquidity.
- Confirm the removal of the 6.95% dividend obligation associated with these shares from future earnings distributions.
- Review the Trust's remaining capital structure to assess the impact on the Common Shares of Beneficial Interest (XFLT).