Nicholas Fixed Income Alternative ETF (FIAX)

NYSEARCA: FIAX · IEX Real-Time Price · USD
19.05
0.00 (-0.01%)
Apr 17, 2024, 4:00 PM EDT - Market closed
-0.01%
Assets $60.48M
Expense Ratio 1.04%
PE Ratio 19.00
Shares Out 3.15M
Dividend (ttm) $1.24
Dividend Yield 6.51%
Ex-Dividend Date Apr 16, 2024
Payout Ratio 123.70%
1-Year Return -4.82%
Volume 6,097
Open 19.06
Previous Close 19.05
Day's Range 19.04 - 19.06
52-Week Low 19.02
52-Week High 20.11
Beta 0.08
Holdings 25
Inception Date Nov 29, 2022

About FIAX

Fund Home Page

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is issued by Tidal.

Asset Class Alternatives
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FIAX
ETF Provider Tidal

Top 10 Holdings

104.04% of assets
Name Symbol Weight
United States Treasury Notes 1% T 1 12.15.24 40.41%
United States Treasury Notes 4.63% T 4.625 10.15.26 20.14%
United States Treasury Notes 0.5% T 0.5 03.31.25 18.81%
United States Treasury Notes 2.63% T 2.625 02.15.29 18.48%
DEPOSITS WITH BROKER FOR SHORT POSITIONS n/a 2.17%
Call On S&P 500 Sep24 n/a 1.92%
Put On S&P 500 Sep24 n/a 0.89%
XLF US 05/17/24 C38 n/a 0.80%
Option on Russell 2000 PR USD n/a 0.23%
Option on Russell 2000 PR USD n/a 0.20%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Apr 16, 2024 $0.1139 Apr 18, 2024
Mar 18, 2024 $0.1155 Mar 20, 2024
Feb 16, 2024 $0.116 Feb 21, 2024
Jan 17, 2024 $0.1181 Jan 19, 2024
Dec 15, 2023 $0.1157 Dec 19, 2023
Nov 15, 2023 $0.1077 Nov 17, 2023
Full Dividend History

News

Nicholas Wealth Announces Increased Distribution Yield on FIAX ETF

ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced a 7.01% distribution yield, up from 6.56%, for the Nicholas Fixed Income Alternative ETF (FIAX). The dividend is payable on 1...

4 months ago - GlobeNewsWire

Nicholas Fixed Income Alternative ETF (Ticker: FIAX) Hits $50M in Assets

ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Nicholas Wealth Management's first actively managed exchange-traded fund (ETF), the Nicholas Fixed Income Alternative ETF (NYSE: FIAX) hit $50 million in assets...

5 months ago - PRNewsWire

David Nicholas of Nicholas Wealth Management to Ring The Opening Bell® At The New York Stock Exchange

ATLANTA , Aug. 23, 2023 /PRNewswire/ -- Chief Executive Officer and Founder of Nicholas Wealth Management, David Nicholas will ring The Opening Bell® at the New York Stock Exchange (NYSE) on Thursday,...

8 months ago - PRNewsWire

Nicholas Wealth Announces Distribution on FIAX ETF

MARIETTA, Ga., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced distributions on the Nicholas Fixed Income Alternative ETF (FIAX):

8 months ago - GlobeNewsWire