XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

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May 01, 2023

XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares (NYSE: XFLT), payable on June 1, 2023, to common shareholders of record as of May 16, 2023, as noted below. The amount of the distribution represents a 16.44% increase from the previous month's distribution amount of $0.073 per share.