<SEC-DOCUMENT>9999999995-21-000383.txt : 20210203
<SEC-HEADER>9999999995-21-000383.hdr.sgml : 20210203
<ACCEPTANCE-DATETIME>20210203001530
ACCESSION NUMBER:		9999999995-21-000383
CONFORMED SUBMISSION TYPE:	EFFECT
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210202
DATE AS OF CHANGE:		20210203
EFFECTIVENESS DATE:		20210202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			XAI Octagon Floating Rate & Alternative Income Term Trust
		CENTRAL INDEX KEY:			0001703079
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-251542
		FILM NUMBER:		21584069

	BUSINESS ADDRESS:	
		STREET 1:		321 NORTH CLARK STREET #2430
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60654
		BUSINESS PHONE:		(312) 374-6930

	MAIL ADDRESS:	
		STREET 1:		321 NORTH CLARK STREET #2430
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60654

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XAI Octagon Floating Rate Alternative Income Term Trust
		DATE OF NAME CHANGE:	20170714

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XAI Octagon Floating Rate Income & Credit Alternative Trust
		DATE OF NAME CHANGE:	20170406
</SEC-HEADER>
<DOCUMENT>
<TYPE>EFFECT
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2021-02-02</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>17:00:00</finalEffectivenessDispTime>
        <form>N-2</form>
        <filer>
            <cik>0001703079</cik>
            <entityName>XAI Octagon Floating Rate &amp; Alternative Income Term Trust</entityName>
            <fileNumber>333-251542</fileNumber>
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