The XFLT Proxy Contest: What XFLT Shareholders Need to Know
XAI Floating Rate & Alternative Income Trust (XFLT) announced a shareholder vote on July 30, 2026, to approve a new sub-advisory agreement with Rockford Tower Asset Management, a King Street Capital Management subsidiary. This change follows termination of previous sub-adviser Octagon due to significant underperformance. The Board anticipates impro…