Nicholas Global Equity and Income ETF (GIAX)

Assets	$72.47M
Expense Ratio	0.93%
PE Ratio	n/a
Shares Out	4.18M
Dividend (ttm)	$4.38
Dividend Yield	25.14%
Ex-Dividend Date	Sep 25, 2025
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	18,524
Open	17.43
Previous Close	17.45
Day's Range	17.34 - 17.48
52-Week Low	14.20
52-Week High	20.67
Beta	n/a
Holdings	30
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

70.39% of assets

Name	Symbol	Weight
Vanguard Information Technology ETF	VGT	16.36%
Vanguard Mid-Cap Growth ETF	VOT	11.93%
Vanguard S&P 500 ETF	VOO	9.77%
Vanguard Dividend Appreciation ETF	VIG	7.85%
Vanguard Small-Cap ETF	VB	5.14%
Freedom 100 Emerging Markets ETF	FRDM	4.67%
Global X Defense Tech ETF	SHLD	4.17%
NVIDIA Corporation	NVDA	3.81%
Palantir Technologies Inc.	PLTR	3.54%
Taiwan Semiconductor Manufacturing Company Limited	TSM	3.15%

Dividends

Ex-Dividend	Amount	Pay Date
Sep 25, 2025	$0.3562	Sep 26, 2025
Aug 28, 2025	$0.3536	Aug 29, 2025
Jul 30, 2025	$0.3616	Jul 31, 2025
Jun 26, 2025	$0.3581	Jun 27, 2025
May 29, 2025	$0.3473	May 30, 2025
Apr 29, 2025	$0.3307	Apr 30, 2025

Performance

GIAX had a total return of 11.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.12%.