XAI Floating Rate & Alternative Income Trust declared a regular monthly distribution of $0.225 per common share, unchanged from the previous month. The distribution is payable November 2, 2026, to shareholders of record on October 15, 2026, which is also the ex-dividend date. Distributions may come from net investment income, capital gains, a return of capital, or a combination of these sources, with tax characteristics reported on Form 1099 after the 2026 calendar year. The trust seeks total return with an emphasis on income across credit cycles and normally invests at least 80% of managed assets in floating-rate credit instruments and other structured credit investments. XA Investments LLC serves as investment adviser.