XAI Floating Rate & Alternative Income Trust Announces Expiration and Preliminary Results of Voluntary Tender Offer

CHICAGO, Oct. 20, 2026 (GLOBE NEWSWIRE) -- XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Fund”), announced today the preliminary results of its Tender Offer (the “Tender Offer”), which commenced September 18, 2026, and expired at 11:59 p.m., Eastern Time, on October 19, 2026. The Tender Offer was for up to 1,903,861 (approximately 12.5%) of the Fund’s outstanding common shares of beneficial interest, par value $0.01 per share (“Common Shares”).

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