---
title: "XAI Floating Rate & Alternative Income Trust delays shareholder meeting on new sub-adviser proposal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294549507.md"
description: "XAI Floating Rate & Alternative Income Trust delayed its shareholder meeting regarding a new sub-adviser proposal, as the measure faced likely defeat. Octagon urged investors to vote against it, citing economic concerns favoring XA Investments. Instead, Octagon proposed an alternative plan including a 25% tender offer, reduced management fees, and a 10-year term."
datetime: "2026-07-31T19:49:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294549507.md)
  - [en](https://longbridge.com/en/news/294549507.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294549507.md)
generator: "portal-rs"
---

# XAI Floating Rate & Alternative Income Trust delays shareholder meeting on new sub-adviser proposal

-   XAI Floating Rate & Alternative Income Trust’s shareholder meeting on the New Sub-Adviser Proposal was delayed as the measure appeared headed for defeat. \* Octagon urged investors to vote against the proposal, citing concerns over economics that it said favor XA Investments. \* Octagon pushed an alternative plan featuring a 25% tender offer, a management fee cut to 1.3% from 1.7%, and a 10-year term structure. 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 Floating Rate & Alternative Income Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260731983498) on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**