XAI Octagon Floating Rate & Alternative Income Term Trust has declared its regular monthly distribution of $0.073 per share on the Trust's common shares, payable on April 3, 2023 to common shareholders of record as of March 15, 2023, as noted below. The amount of the distribution represents no change from the previous month's distribution amount. Payable Date is April 3, 2023 with Record Date is March 15, 2023 and Ex-dividend Date is March 14, 2023.