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Stock impact report

XA Investments Announces INTVL-C, Expanding Its Interval Fund Index Suite with an Alternative Credit Benchmark [Yahoo! Finance]

Federated Hermes, Inc. (FHI) 
Last federated hermes, inc. earnings: 4/30 04:17 pm Check Earnings Report
Company Research Source: Yahoo! Finance
plans to expand the XAI Interval Fund Index™ (“INTVL”) suite with its first sub-index. Expected to launch in Q1 2026, the XAI Interval Fund Credit Index™ (“INTVL-C”) will track the performance of credit interval and tender offer funds. The sub-index will offer asset managers greater transparency with a more comprehensive look at category constituents that have not been offered before. INTVL-C will provide fund sponsors with valuable performance metrics to improve investment decisions and risk assessment in credit funds, while enabling better fund comparisons through a dedicated benchmark. “INTVL-C is instrumental in helping fund managers benchmark credit interval funds against a universe of similar peers,” stated Kimberly Flynn, President of XA Investments. “Calculated on a total return basis, the sub-index provides fund managers a direct way to compare their funds against the most comprehensive interval fund credit index of over 50 credit interval and tender offer funds.” The s Show less Read more
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