Nicholas Wealth Announces $50,000,000 in AUM for $GIAX ETF
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 ha annunciato che il suo Nicholas Global Equity and Income ETF (GIAX) ha raggiunto 50.000.000 dollari in attivi gestiti al 31 gennaio 2025. L'ETF, lanciato il 23 luglio 2024, mira a fornire distribuzioni costanti e un NAV stabile con diversificazione globale.
I principali indicatori per GIAX includono un rapporto di spesa lordo dello 0,97% e un rendimento SEC a 30 giorni dello 0,48%. L'ultima distribuzione, avvenuta il 31 gennaio 2025, è stata composta dall'84,93% di Rimborso di Capitale e dal 15,07% di Reddito. Il fondo è gestito attivamente e si concentra sulla generazione di reddito attraverso una combinazione di investimenti azionari e strategie di opzioni.
Nicholas Wealth anunció que su Nicholas Global Equity and Income ETF (GIAX) ha alcanzado $50,000,000 en activos bajo gestión al 31 de enero de 2025. El ETF, que se lanzó el 23 de julio de 2024, tiene como objetivo proporcionar distribuciones consistentes y un NAV estable con diversificación global.
Los principales indicadores de GIAX incluyen una relación de gastos bruta del 0.97% y un rendimiento SEC a 30 días del 0.48%. La distribución más reciente, del 31 de enero de 2025, consistió en un 84.93% de Devolución de Capital y un 15.07% de Ingresos. El fondo es gestionado activamente y se centra en la generación de ingresos a través de una combinación de inversiones en acciones y estrategias de opciones.
니콜라스 웰스는 니콜라스 글로벌 주식 및 소득 ETF (GIAX)가 2025년 1월 31일 기준으로 $50,000,000의 자산을 관리하고 있다고 발표했습니다. 2024년 7월 23일에 출시된 이 ETF는 글로벌 다각화를 통해 일관된 분배와 안정적인 NAV를 제공하는 것을 목표로 합니다.
GIAX의 주요 지표로는 0.97%의 총 비용 비율과 30일 SEC 수익률 0.48%가 포함됩니다. 2025년 1월 31일의 가장 최근 분배는 84.93%의 자본 반환과 15.07%의 소득으로 구성되었습니다. 이 펀드는 적극적으로 관리되며 주식 투자와 옵션 전략의 조합을 통해 소득 창출에 중점을 두고 있습니다.
Nicholas Wealth a annoncé que son Nicholas Global Equity and Income ETF (GIAX) a atteint 50 000 000 $ d'actifs sous gestion au 31 janvier 2025. L'ETF, lancé le 23 juillet 2024, vise à fournir des distributions constantes et une NAV stable avec une diversification mondiale.
Les principaux indicateurs pour GIAX incluent un ratio de dépenses brut de 0,97 % et un rendement SEC de 30 jours de 0,48 %. La distribution la plus récente, effectuée le 31 janvier 2025, était composée de 84,93 % de Remboursement de Capital et de 15,07 % de Revenus. Le fonds est géré activement et se concentre sur la génération de revenus grâce à une combinaison d'investissements en actions et de stratégies d'options.
Nicholas Wealth hat bekannt gegeben, dass sein Nicholas Global Equity and Income ETF (GIAX) zum 31. Januar 2025 50.000.000 $ an verwalteten Vermögenswerten erreicht hat. Der ETF, der am 23. Juli 2024 gestartet wurde, zielt darauf ab, konsistente Ausschüttungen und einen stabilen NAV mit globaler Diversifikation bereitzustellen.
Wichtige Kennzahlen für GIAX umfassen eine Bruttoausgabenquote von 0,97% und eine 30-Tage-SEC-Rendite von 0,48%. Die letzte Ausschüttung am 31. Januar 2025 bestand aus 84,93% Rückzahlung des Kapitals und 15,07% Einkommen. Der Fonds wird aktiv verwaltet und konzentriert sich auf die Erzeugung von Einkommen durch eine Kombination aus Aktieninvestitionen und Optionsstrategien.
- Reached $50M AUM milestone within 6 months of launch
- Provides global diversification for investors
- Offers consistent distributions with stable NAV
- High return of capital (84.93%) in latest distribution indicates unsustainable yield
- Relatively high expense ratio of 0.97%
- Low SEC yield of 0.48% compared to distribution rate
MARIETTA, Ga., March 04, 2025 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced that the Nicholas Global Equity and Income ETF (GIAX) has
"We are humbled to see the incredible growth in AUM for our GIAX ETF. The success of this fund is a testament to the investors and financial advisors who have believed in us. Our goal was not only to create a fund that provided consistent distributions along with a stable NAV but to do it in a way that provided global diversification for investors. On behalf of the entire XFUNDS / Nicholas Wealth team, thank you! We are excited for the future of GIAX." - David Nicholas, Portfolio Manager of GIAX
Distribution as of 2/28/2025
| ETF Ticker | Distribution per Share | Distribution Rate | 30-Day SEC Yield | Ex-Date | Record Date | Payment Date | |
| GIAX | 2/27/2025 | 2/27/2025 | 2/28/2025 | ||||
Inception date: 7/23/2024
Click here to view standardized performance for GIAX.
The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (855) 563-6900.
1 Nicholas Global Equity and Income ETF has a gross expense ratio of 0.97%.
2 The 30-Day SEC Yield for GIAX is 0.48%. The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended January 31, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.
3 The Distribution Rate is the annual rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The recent distribution for GIAX on 1/31/25 included 84.93% Return of Capital and 15.07% Income. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.
Investors in the Fund will not have rights to receive dividends or other distributions with respect to the underlying reference asset.
Must be preceded or accompanied by a prospectus.
Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. Please see the 19a-1 notice for more information on return of investor capital. The distribution may contain a return of capital, but an estimate cannot be provided at this time.
Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.
Risk Information
Investments involve risk. Principal loss is possible.
Investing in the Funds involves a high degree of risk.
THE FUND, TRUST, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING ETF.
Due to the Funds’ investment strategies, the Funds’ investment exposures are concentrated in the same industries that are assigned to the underlying stock or ETF. As with any investment, there is a risk you could lose all or part of your investment in the Fund. Some or all of these risks may adversely affect the Funds’ net asset value (“NAV”) per share, trading prices, yields, total returns, and/or ability to meet their objective.
Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the Fund in creation units. Brokerage commissions will reduce returns.
Investments involve risk. Principal loss is possible.
Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.
Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in option contracts which exposes the Fund to the risk that the counterparty will not fulfill its obligation to the Fund.
Equity Market Risk. By virtue of the Fund’s investments in option contracts equity ETFs and equity indices, the Fund is exposed to common stocks indirectly which subjects the Fund to equity market risk.
High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.
Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.
Hedging Transactions Risk. Hedging transactions involve risks different than those of underlying investments. In particular, the variable degree of correlation between price movements of hedging transactions and price movements in the position being hedged means that losses on the hedge may be greater than gains in the value of the Fund’s positions, opportunities for gain may be limited or that there may be losses on both parts of a transaction.
Illiquid Investments Risk. The Fund may, at times, hold illiquid investments, by virtue of the absence of a readily available market for certain of its investments, or because of legal or contractual restrictions on sales.
Interest Rate Risk. The value of the Fund’s investments in fixed income Treasury securities will fluctuate with changes in interest rates.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.
Yield to Maturity: Yield to maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures.
Dividend Yield: The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
Average Duration: A measure of a fund’s interest-rate sensitivity—the longer a fund’s duration, the more sensitive the fund is to shifts in interest rates. Duration is determined by a formula that includes coupon rates and bond maturities. Small coupons tend to increase duration, while shorter maturities and higher coupons shorten duration.
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Launch & Structure Partner: Tidal Financial Group.
FAQ
What is the current AUM of Nicholas Wealth's GIAX ETF as of January 2025?
When was the GIAX ETF launched?
What is the expense ratio and SEC yield for GIAX ETF?
How was GIAX's distribution composition on January 31, 2025?
