XFLT Urges Shareholders to Approve the King Street Sub-Adviser and Effect Liquidity Plan Ahead of August 6th Meeting
XAI Floating Rate & Alternative Income Trust (XFLT) is urging shareholders to vote in favor of appointing King Street Capital Management's subsidiary as long-term sub-adviser and approve a liquidity plan involving tender offers to repurchase 25% of fund shares. Key proxy advisory firms and investment research services recommend voting for the propo…