Evanston Multi-Alpha Fund offered a repurchase of up to $15.7 million, representing 15% of net assets. Investors must tender Class A or Class I shares by October 28, 2026; accepted amounts are generally paid within 35 days after December 31 valuation.

XAI Octagon Floating Rate & Alternative Income Trust amended its financial institution bond effective August 13, 2026, adding $2.375 million fraudulent transfer instruction and unauthorized signature coverage with $10,000 deductibles. Evanston Multi-Alpha Fund was added as a joint insured.

Evanston Multi-Alpha Fund Vice President John Yogi Spence acquired 10,388 Class I shares at $9.6263 per share on September 1, 2026, resulting in direct ownership of 10,388 shares. The shares were issued at net asset value through the fund’s continuous offering.

Evanston Multi-Alpha Fund updated its prospectus for a $207.1 million two-class offering, with XA Investments providing investment advisory services. Investors may purchase monthly at current net asset value; discretionary quarterly repurchases are limited to 5%-25% of outstanding shares.

Independent Trustee Theodore J. Brombach disclosed beneficial ownership of no Evanston Multi-Alpha Fund securities as of August 13, 2026, in an ownership disclosure.

Evanston Multi-Alpha Fund Independent Trustee William T. Meyers disclosed no beneficial ownership of the fund’s securities as of August 13, 2026.

Danielle Cupps, Independent Trustee of Evanston Multi-Alpha Fund, disclosed that she owned no securities of the fund as of August 13, 2026.

Independent Trustee Scott C Jones disclosed no ownership of Evanston Multi-Alpha Fund securities as of August 13, 2026, in an initial ownership report.

Lisa Woo, Assistant Treasurer, disclosed her relationship with Evanston Multi-Alpha Fund and reported no securities owned as of August 13, 2026. Investors have no reported holdings requiring position monitoring for Lisa Woo.

Madeline Arment, Assistant Treasurer, submitted an ownership disclosure showing no securities owned in Evanston Multi-Alpha Fund as of August 13, 2026.