XAI Floating Rate & Alternative Income Trust urges vote for King Street sub-adviser deal ahead of July 30 meeting
XFLT•Proxy vote on King Street sub-advisory agreement
XAI Floating Rate & Alternative Income Trust faces a proxy vote on July 30, 2026 on a proposed King Street sub-advisory agreement.
Manager XA Investments urges shareholders to vote FOR the proposal on the WHITE proxy card.
XAI frames the change as a potential driver of higher distributions, stronger long-term performance, broader US-European credit exposure.
XAI says the proposal would not raise fees for shareholders.
