---
title: "XFLT advises shareholders to vote today to approve the King Street Sub-Advisory Agreement."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294587416.md"
description: "The recent data regarding the economy shows a significant boost in job creation, with 250,000 new jobs added in the past month. This growth surpassed expectations and led to a decrease in the unemployment rate to 4.5%. Additionally, the stock market saw a notable increase, with the major indices rising by 2-3% in response to the positive economic indicators. Overall, the report indicates a strong and thriving economy with promising prospects for the future."
datetime: "2026-08-01T16:46:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294587416.md)
  - [en](https://longbridge.com/en/news/294587416.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294587416.md)
generator: "portal-rs"
---

# XFLT advises shareholders to vote today to approve the King Street Sub-Advisory Agreement.

The recent data regarding the economy shows a significant boost in job creation, with 250,000 new jobs added in the past month. This growth surpassed expectations and led to a decrease in the unemployment rate to 4.5%. Additionally, the stock market saw a notable increase, with the major indices rising by 2-3% in response to the positive economic indicators. Overall, the report indicates a strong and thriving economy with promising prospects for the future.

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- [XFLT.US](https://longbridge.com/en/quote/XFLT.US.md)

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