XAI Octagon Floating Rate & Alternative Income Term Trust (the ?Trust?) has declared its regular monthly distribution of $0.085 per share on the Trust?s common shares, payable on December 28, 2023, to common shareholders of record as of December 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share and Ex-Dividend Date is December 14, 2023.