GlobeNewsWire
26 Jul 2026, 12:30 UTC · 2h ago
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Leading proxy advisors ISS and Glass Lewis both recommend that XFLT shareholders approve the King Street Sub-Advisory Agreement. — Strong alignment between the two most influential proxy advisors significantly increases the probability of the proposal passing, reducing governance uncertainty.
+0.40XFLT shareholders will vote on July 30, 2026, to approve a new investment sub-advisory agreement with Rockford Tower Asset Management (a King Street subsidiary). — The appointment of a manager with a 30-year track record and $30 billion in AUM is a positive fundamental shift for the fund's investment capabilities.
+0.20Which stocks this story touches
The board and leading proxy advisors believe the new sub-advisory agreement with King Street will be beneficial for shareholders.
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