Closed-end funds run by XA Investments
XA Investments runs 2 of the 361 U.S. closed-end funds we cover.
1 invests in shares and sells options on them and 1 in bank loans.
None of the investors we follow is pushing for changes at any of them right now.
Yearly costs run from 0.8% to 8%.
2 funds
Sort by: name · yearly cost · borrowing · size
- XFLT - XAI Floating Rate & Alternative Income Trust
Run by XA Investments. Invests in bank loans. Costs 8% a year. Borrows 42%. - MCN - XAI Madison Equity Premium Income Fund
Run by XA Investments. Invests in shares and sells options on them. Costs 0.8% a year. Borrows 3%.
Details: the same funds as a table
| Fund | Yearly cost | Borrowing | Size |
|---|---|---|---|
| XFLT - XAI Floating Rate & Alternative Income Trust | 8% | 42% | $349 million |
| MCN - XAI Madison Equity Premium Income Fund | 0.8% | 3% | $127 million |