XAI Octagon Floating Rate & Alternative Income Term Trust has declared its regular monthly distribution of $0.085 per share on the Trust?s common shares, payable on September 1, 2023, to common shareholders of record as of August 15, 2023. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. Ex-Dividend Date is August 14, 2023; Record Date is August 15, 2023; Payable Date is September 1, 2023.