# EDGAR Filing Document

**Accession Number:** 0001703079
**File Stem:** 0001398344-25-018756
**Filing Date:** 2025-10
**Character Count:** 3712
**Document Hash:** eb05b6f531dce4b11af225d732c4013d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-018756.hdr.sgml**: 20251001

**ACCESSION NUMBER**: 0001398344-25-018756

**CONFORMED SUBMISSION TYPE**: N-23C-2

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251001

**DATE AS OF CHANGE**: 20251001

**EFFECTIVENESS DATE**: 20251001

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XAI Octagon Floating Rate & Alternative Income Trust
- **CENTRAL INDEX KEY:** 0001703079

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-23C-2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 817-01545
- **FILM NUMBER:** 251365345

**BUSINESS ADDRESS:**
- **STREET 1:** 321 NORTH CLARK STREET #2430
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654
- **BUSINESS PHONE:** (312) 374-6930

**MAIL ADDRESS:**
- **STREET 1:** 321 NORTH CLARK STREET #2430
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate & Alternative Income Term Trust
- **DATE OF NAME CHANGE:** 20170901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate Alternative Income Term Trust
- **DATE OF NAME CHANGE:** 20170714

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate Income & Credit Alternative Trust
- **DATE OF NAME CHANGE:** 20170406

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT TO RULE 23c-2 UNDER THE INVESTMENT COMPANY ACT OF 1940**

Investment Company Act file number: 811-23247

**XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST**

(Exact Name of the Registrant as Specified in Charter)

**321 North Clark Street**

**Chicago, Illinois 60654**

(Address of Principal Executive Office - Zip Code)

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission ("Commission") that it may redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended (the "Act").

**(1) Title of Class of Securities of XAI Octagon Floating Rate & Alternative Income Trust (the "Trust") to be Redeemed:**

6.50% Series 2026 Term Preferred Shares par value $0.01 per share, liquidation preference of $25.00 per share (the "6.50% Series 2026 Term Preferred Shares") (CUSIP 98400T205).

**(2) Date(s) on Which the Securities may be Redeemed:**

The dated fixed for redemption of the 6.50% Series 2026 Term Preferred Shares will be on or after October 31, 2025.

**(3) Applicable Provisions of the Governing Instrument Pursuant to Which the Securities may be Redeemed:**

The 6.50% Series 2026 Term Preferred Shares are to be redeemed pursuant to Section 2.5(c)(i) of the Trust's Statement of Preferences of Term Preferred Shares.

**(4) Number of Shares and the Basis Upon Which the Securities that may be Redeemed are to be Selected:**

The Fund intends to redeem all of the outstanding 6.50% Series 2026 Term Preferred Shares.

**SIGNATURE**

Pursuant to Rule 23c-2 under the Act, the Trust has caused this Notification of Redemption of Securities to be duly executed on its behalf by the undersigned in the City of Chicago and the State of Illinois on this 1<sup>st</sup> day of October, 2025.

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| | | |
|:---|:---|:---|
|  | XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST | XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST |
| Date: October 1, 2025 | By: | /s/ Benjamin D. McCulloch |
|  | Name: | Benjamin D. McCulloch |
|  | Title: | Secretary and Chief Legal Officer |

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