Nicholas Global Equity and Income ETF (GIAX)

Assets	$78.60M
Expense Ratio	0.93%
PE Ratio	n/a
Shares Out	4.60M
Dividend (ttm)	$4.36
Dividend Yield	25.79%
Ex-Dividend Date	Dec 5, 2025
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	42,038
Open	17.17
Previous Close	17.28
Day's Range	16.98 - 17.17
52-Week Low	14.20
52-Week High	19.89
Beta	n/a
Holdings	68
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

62.81% of assets

Name	Symbol	Weight
Vanguard FTSE Developed Markets ETF	VEA	9.96%
Freedom 100 Emerging Markets ETF	FRDM	7.12%
Vanguard Mid-Cap Growth ETF	VOT	7.07%
Vanguard Small-Cap ETF	VB	7.05%
Vanguard S&P 500 ETF	VOO	7.03%
Vanguard Growth ETF	VUG	6.93%
Robinhood Markets, Inc.	HOOD	4.66%
Palantir Technologies Inc.	PLTR	4.46%
Nebius Group N.V.	NBIS	4.26%
Meta Platforms, Inc.	META	4.26%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 5, 2025	$0.0775	Dec 8, 2025
Nov 28, 2025	$0.336	Dec 1, 2025
Oct 30, 2025	$0.3561	Oct 31, 2025
Sep 25, 2025	$0.3562	Sep 26, 2025
Aug 28, 2025	$0.3536	Aug 29, 2025
Jul 30, 2025	$0.3616	Jul 31, 2025

Performance

GIAX had a total return of 10.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.44%.