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Octagon Credit Investors publicly accused the board of XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) of pushing 'distorted claims' to replace it as subadviser with King Street, ahead of a special shareholder meeting on July 30. The dispute creates governance and continuity risk for the floating-rate credit fund, and the vote outcome could reprice XFLT's discount to NAV as investors weigh manager transition costs against King Street's mandate. Watch proxy advisor recommendations and the July 30 vote tally as the key catalysts for the fund's valuation gap.
As a Market signal, watch whether it changes price action, volatility, or flows around XFLT.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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