XA Investments Launches INTVL-C, an Extension to Its Interval Fund Index Suite Focused on Alternative Credit Interval & Tender Offer Funds

Core Viewpoint - XA Investments LLC has launched the XAI Interval Fund Credit Index™ (INTVL-C) to track the performance of non-listed closed-end interval funds and tender offer funds focused on alternative credit investments [1][5]. Group 1: Index Overview - INTVL-C is designed to provide fair performance comparisons among interval funds with similar investment profiles and operational constraints, calculated daily on a total return basis [2][5]. - As of December 31, 2025, the Index's 58 constituents combined for over $79 billion in total net assets, with a base date of January 1, 2023 [2][5]. Group 2: Industry Significance - The launch of INTVL-C is considered a significant advancement for the alternative credit fund landscape, providing asset managers with a transparent view for benchmarking and peer comparison [5]. - INTVL-C is the only available credit index focusing on credit interval and tender offer funds, underscoring XA Investments' commitment to innovative research in this market [3][5]. Group 3: Constituents and Performance - The Index includes leading funds from managers such as Cliffwater, CION, Carlyle, PIMCO, Lord Abbett, Variant, Stone Ridge, Apollo, and Federated Hermes, capturing primary drivers of performance within the segment [4][5]. - The broader XAI Interval Fund Index tracks all interval and tender offer funds with over $100 million in net assets, comprising 101 constituents across seven asset classes [5].