Welcome to our dedicated page for Nicholas Fixed Income Alternative ETF news (Ticker: FIAX), a resource for investors and traders seeking the latest updates and insights on Nicholas Fixed Income Alternative ETF stock.
Nicholas Fixed Income Alternative ETF (FIAX) provides investors with innovative strategies combining alternative fixed income instruments and active risk management. This page serves as your centralized source for all official news, press releases, and market updates related to FIAX.
Access timely information on portfolio adjustments, earnings reports, and strategic initiatives directly from the fund. Investors benefit from transparent coverage of hedging strategies, regulatory filings, and performance insights to stay informed on this actively managed ETF.
Explore updates categorized by key topics including income distribution changes, derivative utilization, and market positioning. Bookmark this page for streamlined access to FIAX's evolving approach to alternative fixed income investing.
Nicholas Wealth announced that its Nicholas Global Equity and Income ETF (GIAX) has reached $50,000,000 in assets under management as of January 31st, 2025. The ETF, which launched on July 23, 2024, aims to provide consistent distributions and stable NAV with global diversification.
Key metrics for GIAX include a gross expense ratio of 0.97% and a 30-Day SEC Yield of 0.48%. The most recent distribution on January 31, 2025, comprised 84.93% Return of Capital and 15.07% Income. The fund is actively managed and focuses on income generation through a combination of equity investments and options strategies.
Nicholas Wealth has announced that its Nicholas Fixed Income Alternative ETF (FIAX) has reached $100,000,000 in assets under management. The ETF, which was launched on November 30, 2022, has shown significant growth, reflecting strong investor confidence. As of September 18, 2024, FIAX reported a distribution rate of 8.03% and a 30-day SEC yield of 3.19%.
The fund's most recent distribution was $0.1321 per share, with ex-date, record date, and payment date of September 16, 17, and 18, 2024, respectively. FIAX has a gross expense ratio of 0.95%. The ETF's portfolio manager, David Nicholas, expressed gratitude to investors and financial advisors for their support and excitement about the fund's future prospects.
Nicholas Wealth has announced a 24.00% monthly distribution for its Nicholas Global Equity and Income ETF (GIAX). The distribution details are as follows:
- Distribution per Share: $0.4020
- Ex-Date: 9/25/2024
- Record Date: 9/25/2024
- Payment Date: 9/26/2024
- 30-Day SEC Yield: 0.93%
GIAX, launched on 7/29/2024 in partnership with Tidal Investments , is an actively managed ETF seeking current income and capital appreciation. The fund achieves this by holding shares of unaffiliated passively managed ETFs for global equity exposure and selling daily index credit call spreads on US equity indexes.
Nicholas Wealth has increased monthly distributions to 8.04% on the Nicholas Fixed Income Alternative ETF (FIAX). As of September 18, 2024, the distribution per share is $0.1321, with an ex-date of 9/16/2024, record date of 9/17/2024, and payment date of 9/18/2024. The ETF's 30-Day SEC Yield stands at 3.43%.
FIAX, launched on 11/30/2022, has a gross expense ratio of 0.95%. The Distribution Rate represents the annual rate an investor would receive if the most recent distribution remained constant. However, investors should note that distributions are not guaranteed and may vary significantly month to month, potentially reaching zero.
The fund involves high-risk investments, including derivatives and counterparty risks. It's non-diversified and subject to equity market risk, high portfolio turnover risk, and interest rate risk. Potential investors should carefully consider these factors before investing.
Nicholas Wealth has announced monthly distributions for its Nicholas Global Equity and Income ETF (GIAX). As of August 27, 2024, the distribution per share is $0.4038. The ex-date and record date are set for August 26, 2024, with the payment date on August 27, 2024.
GIAX, launched on July 29, 2024, in partnership with Tidal Investments , is an actively managed ETF focusing on current income and capital appreciation. It achieves this by holding shares of unaffiliated passively managed ETFs for global equity exposure and selling daily index credit call spreads on US equity indexes.
Investors are reminded that past performance does not guarantee future results, and the value of investments may fluctuate. For the most recent performance data, investors can call (855) 563-6900.
