Nicholas Global Equity and Income ETF (GIAX)

Assets	$80.76M
Expense Ratio	0.93%
PE Ratio	n/a
Shares Out	4.88M
Dividend (ttm)	$4.21
Dividend Yield	25.62%
Ex-Dividend Date	Dec 26, 2025
Payout Frequency	Weekly
Payout Ratio	n/a

Volume	49,295
Open	16.55
Previous Close	16.50
Day's Range	16.43 - 16.65
52-Week Low	14.20
52-Week High	19.52
Beta	n/a
Holdings	70
Inception Date	Jul 29, 2024

About GIAX

Fund Home Page

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.

• Asset Class: Equity
• Category: Derivative Income
• Region: Global
• Stock Exchange: NYSEARCA
• Ticker Symbol: GIAX
• ETF Provider: Nicholas

Top 10 Holdings

63.64% of assets

Name	Symbol	Weight
Vanguard FTSE Developed Markets ETF	VEA	10.22%
Freedom 100 Emerging Markets ETF	FRDM	7.57%
Vanguard Small-Cap ETF	VB	7.17%
Vanguard S&P 500 ETF	VOO	7.15%
Vanguard Mid-Cap Growth ETF	VOT	7.10%
Vanguard Growth ETF	VUG	6.99%
Palantir Technologies Inc.	PLTR	4.50%
Tesla, Inc.	TSLA	4.43%
Meta Platforms, Inc.	META	4.30%
Taiwan Semiconductor Manufacturing Company Limited	TSM	4.21%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 26, 2025	$0.0773	Dec 29, 2025
Dec 19, 2025	$0.080	Dec 22, 2025
Dec 12, 2025	$0.079	Dec 15, 2025
Dec 5, 2025	$0.0775	Dec 8, 2025
Nov 28, 2025	$0.336	Dec 1, 2025
Oct 30, 2025	$0.3561	Oct 31, 2025

Performance

GIAX had a total return of 11.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.35%.