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XAIX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    38.1244$
  • Previous Close
    38.1529$
  • 52 Week Change
    --
  • Day Range
    -0.03$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XAIX.US represents the common stock of XAI Octagon Floating Rate Alternative Income Term Trust, a closed-end management investment company. The trust's investment objective is to seek high current income, with a secondary objective of seeking preservation of capital, by investing primarily in selected investments, including adjustable-rate corporate loans and other fixed-income securities. It distributes its net investment income to shareholders and is subject to certain risks associated with investing in below-investment-grade debt securities and leverage.
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Factors

Underlying Asset Performance: XAIX.US tracks an index, so the performance of the underlying assets in that index directly impacts its price.

Supply and Demand: Market demand for XAIX.US shares versus the supply of those shares influences its price, reflecting investor sentiment.

Expense Ratio: The ETF's expense ratio can subtly affect returns over time, impacting its attractiveness and indirectly its price.

Trading Volume/Liquidity: Higher trading volume typically means tighter bid-ask spreads, potentially making XAIX.US more attractive and affecting price.

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